https://www.civilsdaily.com/news/afspa-partially-withdrawn-from-arunachal-pradesh/
AFSPA enacted by Parliament in 1958, is declared in areas where armed forces are required to operate in aid to civil authorities.
Armed Forces (Special Powers) Acts(AFSPA) are Acts of the Parliament of India that grant special powers to the Indian Armed Forces and the state and paramilitary forces in areas classified as “disturbed areas”.
It gives powers to the army, state and central police forces to shoot to kill, search houses and destroy any property that is “likely” to be used by insurgents in areas declared as “disturbed” by the home ministry.
AFSPA is invoked when a case of militancy or insurgency takes place and the territorial integrity of India is at risk.
Security forces can “arrest a person without warrant”, who has committed or even “about to commit a cognizable offence” even based on “reasonable suspicion”.
It also provides security forces with legal immunity for their actions in disturbed areas.
While the armed forces and the government justify its need in order to combat militancy and insurgency, the Act has been associated with several human rights violations including fake encounters, rape, torture, abduction etc.

https://www.civilsdaily.com/news/rbi-circular-to-banks-on-loan-defaulters-quashed/
Insolvency and Bankruptcy Code, 2016 is considered as one of the biggest insolvency reforms in the economic history of India.
This was enacted for reorganization and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximization of the value of assets of such persons.
IBC proposes a paradigm shift from the existing ‘Debtor in possession’ to a ‘Creditor in control’ regime.
IBC aims at consolidating all existing insolvency related laws as well as amending multiple legislation including the Companies Act.
The code aims to resolve insolvencies in a strict time-bound manner – the evaluation and viability determination must be completed within 180 days.
Moratorium period of 180 days (extendable up to 270 days) for the Company. For startups and small companies the resolution time period is 90 days which can be extended by 45 days.
Introduce a qualified insolvency professional (IP) as intermediaries to oversee the Process
Establishment of Insolvency and Bankruptcy board as an independent body for the administration and governance of Insolvency & bankruptcy Law; and Information Utilities as a depository of financial information.

https://www.civilsdaily.com/news/gi-tag-for-kandhamal-and-erode-turmeric/
‘Kandhamal Haldi’, a variety of turmeric indigenous to southern Odisha, has earned the GI tag.
Earlier this month, Erode turmeric also got a GI tag from the Geographical Indication Registry.
A Geographical Indication is used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin.
Such a name conveys an assurance of quality and distinctiveness which is essentially attributable to its origin in that defined geographical locality.
This tag is valid for a period of 10 years following which it can be renewed.
Recently the Union Minister of Commerce and Industry has launched the logo and tagline for the Geographical Indications (GI) of India.
The first product to get a GI tag in India was the Darjeeling tea in 2004. There are a total of 325 products from India that carry this indication.
Darjeeling Tea, Mahabaleshwar Strawberry, Blue Pottery of Jaipur, Banarasi Sarees and Tirupati Laddus are some of the GIs.

https://www.civilsdaily.com/news/sebi-mulls-sro-for-investment-advisers/

The SEBI has proposed a self regulatory organisation (SRO) for the growing number of investment advisers to address issues related to the quality of advice given to investors by such entities.
An SRO is the first-level regulator that performs the crucial task of regulating intermediaries representing a particular segment of securities market on behalf of the regulator.
An SRO would be seen as an extension of the regulatory authority of the SEBI and would perform the tasks delegated to it by the SEBI.
The role of an SRO is developmental, regulatory, related to grievance redressal and dispute resolution as well as taking disciplinary actions.
The option C, which is incorrect, is related to Information Utilities (IUs) under IBC Code 2016.

Keshab Chandra Sen was born on 19 November 1838 in kolkata. He joined the Brahmo Samaj in 1857 and was considered to be youthful entity of the movement.
During this time in 1860, the Sangat Sabha was established – which was a society of fellow believers to promote mutual spiritual intercourse amongst its members.
In 1862 Sen helped found the Albert College and were also instrumental in the launching of the Bethune College for ladies and a number of schools in general.
He also created a syncretic religious philosophy called the “Tabernacle of New Dispensation” which promoted a fraternity, love and also chastised the evils that persisted and enunciated the ideology “God is Conscience” .
He also started“Indian Reform Association”.
He was also considered close to Ramakrishna Paramahamsa and also incorporated his ideologies.
Calcutta Unitarian Committee was established by Raja Ram Mohan Roy