Note4Students
From UPSC perspective, the following things are important :
Prelims level: Criollo Cattle Breed
Mains level: NA
Why in the news?
Irish researchers discovered that Criollo cattle are well-adapted to Climate Change due to their ability to thrive in hot and humid conditions, which they have developed over many years.
About Criollo Cattle Breed
|
Details |
| Origin |
Latin America, particularly in regions such as Mexico, Central America, and parts of South America |
| Historical Context |
- Criollo cattle trace their roots back to the arrival of Spanish cattle in the Americas during the 15th and 16th centuries.
- Initially brought from La Gomera in the Spanish Canary Islands, adapted to diverse environments.
|
| Physical Appearance |
- Small to medium-sized cattle with a compact body structure
- Adapted to various climates, including tropical and subtropical regions
- Short, sleek coat, often in various colors such as black, brown, or red
|
| Adaptability |
Known for their resilience and ability to thrive in harsh environments
Well-suited to extensive grazing systems and low-input management practices |
| Disease Resistance |
Developed natural resistance to various diseases prevalent in their native regions, such as tick-borne illnesses and parasites |
| Economic Importance |
- Valued for their ability to utilize low-quality forages and adaptability to diverse environments
- Serve as a sustainable source of meat and dairy products for local communities
|
PYQ:
2016:
What is/are unique about ‘Kharai camel’, a breed found in India?
1. It is capable of swimming up to three kilometres in seawater.
2. It survives by grazing on mangroves.
3. It lives in the wild and cannot be domesticated.
Select the correct answer using the codes given below:
(a) 1 and 2 only
(b) 3 only
(c) 1 and 3 only
(d) 1, 2 and 3
Practice MCQ:
The Criollo cattle breed has recently found mention in the news for its:
(a) Breeding Capacity
(b) Nutrients-rich Milk
(c) Adaptability to Climate Change
(d) Life Expectancy |
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Finance Commission; State Government; FRBM Act;
Mains level: Fiscal Federalism and its challenges
Why in the News?
Recently, the SC rejected Kerala’s plea for immediate relief in its case urging the Union government to ease borrowing constraints, allowing the state to secure extra funds in the ongoing fiscal year.
State governments receive funds from three sources:
- Own revenues (tax and non-tax)
- Transfers from the Union government as shares of taxes and as grants
- Market borrowings
Fiscal Demands for Extra Funds:
- Increased Expenditure: In 2020-21, the Kerala government sharply increased its spending to 18% of its GSDP, to provide economic relief in the wake of the COVID-19 pandemic, aided by the relaxation in borrowing norms then
- Central Gov transfers to Kerala declined: As ratios of GSDP, the Union government’s transfers to Kerala declined to 2.8% in 2023-24, significantly lower than previous years, even as the State’s revenues remained at around 8.0%.
- This meant that, in 2023-24, the State government could meet its modest budget expenditure, equivalent to 14.2% of GSDP, only by raising the borrowing to 3.4% of the GSDP
Socio-Economic for Extra Funds:
- Aging Population: Kerala, like many other states, faces the challenge of an aging population, which puts pressure on pension funds and healthcare systems, necessitating long-term financial planning and investment.
- Pension Liabilities: The substantial outgo for pensions poses a financial burden on the state’s budget, requiring strategies for sustainable pension management to ensure fiscal stability.
- Youth Outmigration: Kerala experiences significant outmigration of its youth, leading to a loss of productive workforce and potential tax revenues, highlighting the need for policies to retain skilled workers and stimulate economic growth
About Net Borrowing Ceiling (NBC):
- The net borrowing ceiling for states in India denotes the maximum threshold set on the funds that state governments can borrow within a fiscal year.
- Significance: Ensuring fiscal discipline and preventing states from accumulating excessive debt, the net borrowing ceiling plays a pivotal role.
- Factors: The criteria for setting these limits are shaped by various factors such as inputs from the Finance Commission, the Fiscal Responsibility and Budget Management (FRBM) Act, and specific directives from the central government, notably the Ministry of Finance.
|
Basis of the Net Borrowing Ceiling:
- Fiscal Responsibility Legislation: Both the central and state governments in India adhere to the FRBM Act, which establishes fiscal deficit goals to uphold fiscal discipline. Under the FRBM, states are required to maintain a fiscal deficit limit of 3% of the Gross State Domestic Product (GSDP).
- Central Government Guidelines: The central government, through the Department of Expenditure in the Ministry of Finance, sets the annual borrowing limits for each state based on a formula that considers the state’s GSDP, existing debt levels, fiscal discipline, and other relevant factors. These limits can be revised in response to special circumstances, such as natural disasters or significant economic downturns.
- Finance Commission Recommendations: The Finance Commission, which is constituted every five years, recommends how the central taxes are to be divided between the centre and the states and suggests measures to maintain fiscal stability. It also provides recommendations regarding the borrowing limits of states.
Conclusion: States need to put in place an effective forecasting and monitoring mechanism for cash inflows and outflows so that a need-based approach is followed for market borrowings and the interest cost of cash surpluses is minimized.
Mains PYQ
Q What were the reasons for the introduction of Fiscal Responsibility and Budget Management (FRBM) Act, 2013? Discuss critically its salient features and their effectiveness. (UPSC IAS/2013)
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Nuclear Energy;
Mains level: Sustainable Development; Energy Sector;
Why in the news?
A recent report published by IIM-A suggested that India must prioritize investment in Nuclear energy sector and expand related infrastructure.
Why India must prioritize investment in the Nuclear energy sector?
India aims to be a developed country by 2047 and is on track to achieve net zero — or effectively zero-carbon dioxide emissions by 2070.
Key findings of the Report:
- Current Energy Mix: Solar energy constitutes 16% of India’s installed generation capacity, while coal comprises 49%. Nuclear energy currently comprises only 1.6% of India’s energy mix
- Significant increase in nuclear power: The best-case scenario shows emissions falling to 0.55 billion tonnes of carbon dioxide by 2070, achieving ‘net zero’. This scenario entails a significant increase in nuclear power capacity, reaching 30 GW by 2030 and 265 GW by 2050.
- Investment Requirements for Nuclear Energy: Achieving the proposed figures for nuclear energy would necessitate a doubling of investments. India would require an estimated ₹150-200 lakh crore between 2020-2070 to finance the necessary transitions in the energy sector
- Need technology-based solution: The authors emphasize that achieving net zero emissions requires a combination of technologies rather than a single solution.
- Transitioning away from coal: Coal is expected to remain a significant component of India’s energy system, serving as the “backbone”. However, transitioning away from coal would require substantial investment
What are the Challenges for India’s Goal of Net-Zero Emissions?
- Uranium Factor: Data by the Central Electricity Authority say solar energy accounts for 16% of India’s installed generation capacity. To achieve these idealistic figures for nuclear energy would require a doubling of investments as well as the assumption that uranium, a critical fuel but restricted by international embargo, is available in necessary quantities.
- Coal Factor: Coal accounts for 49% of India’s capacity. Coal would likely be the “backbone” of the Indian energy system and if the country has to phase down coal in the next three decades, it would need to build adequate infrastructure for alternative sources such as nuclear power, in addition to flexible grid infrastructure and storage to support the integration of renewable energy.
Suggested measures by the Report are:
- Research and Development: Invest in research and development to improve efficiency and reduce costs of renewable energy technologies, as well as advancements in nuclear energy technology.
- Policy Support: Implement supportive policies and regulations to encourage private sector investment in the energy sector, including streamlined approval processes, tax incentives, and renewable energy mandates.
- International Cooperation: Engage in diplomatic efforts to secure access to nuclear fuel and address international embargoes, while also collaborating with other countries on research and development in the energy sector.
Conclusion: India’s path to development by 2047 hinges on prioritizing energy sector investment, as per an IIM-A report. Achieving net zero emissions by 2070, India would need close to ₹150-200 lakh crore between 2020-2070 to finance these transitions.
Mains PYQ
Q With growing energy needs should India keep on expanding its nuclear energy programme? Discuss the facts and fears associated with nuclear energy. (UPSC IAS/2018)
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Article 21; Right to die with dignity; Right to will;
Mains level: Supreme Court;
Why in the news?
In early March this year, 30 people in Thrissur in Kerala executed living wills.
Context:
- The Supreme Court’s 2018 order on Passive Euthanasia, wherein it recognized the ‘Right to die with dignity’ as a fundamental right and an aspect of Article 21 (right to life) of the Constitution.
- However, the people wanting to get a “living will” registered were facing problems due to cumbersome guidelines, prompting a reconsideration by the apex court.
- A Constitution Bench, led by Chief Justice of India Dipak Misra, in three concurring opinions, upheld that the fundamental right to life and dignity includes the ‘Right to Refuse Treatment and Die with dignity’.
What is a Living Will?
A Living Will is a healthcare directive, in which people can state their wishes for their end-of-life care, in case they are not in a position to make that decision.
The Court’s procedure:
- Pre-2023: Initially, the process of creating living wills was deemed overly complex by the Court, with elaborate bureaucratic procedures in place to prevent abuse by unscrupulous individuals seeking to exploit the patient’s assets.
- Post-2023: Recognizing the impracticality of requiring judicial magistrate countersignatures on living wills, the Court streamlined the process in January 2023. Now, living will require signatures in the presence of witnesses, attestation by a notary or gazetted officer, and submission to a designated government officer acting as a custodian.
|
Challenges in Implementation :
- Decision-Making Process: Even if a living will is created, its implementation is not automatic. Decisions on withholding or withdrawing treatment require certification by primary and secondary medical boards, posing logistical challenges, especially in hospitals without designated boards.
- Ambiguities and Discomfort: Ambiguities in guidelines, discomfort with end-of-life care topics, and unclear legal definitions contribute to the hesitancy among officials to implement the Court’s directives without clear instructions from higher authorities.
- Legal Ambiguity: Indian law lacks a clear definition of ‘next of kin’, leading to potential disputes among family members about medical decisions for terminally ill patients.
- Barriers to End-of-Life Decisions: A survey of intensive care doctors reveals a general belief that end-of-life decisions are fraught with legal implications, serving as a significant barrier to making such decisions in the ICU.
- Regional Disparities in India:
- Haryana: While some states like Haryana have issued directions to follow the judgment, they have not provided essential guidance or protocols for implementation.
- Odisha: In contrast, Odisha has taken a more thorough approach by forming a committee of experts to develop detailed draft orders for implementing the judgment, setting a potential example for other states.
Conclusion: The central government could help bridge the gap in expertise by developing and publishing model orders and protocols to provide states with confidence and guidance in effectively implementing the judgment.
Mains question for practice
Q Discuss the challenges surrounding the implementation of living wills in India, as established by the Supreme Court’s landmark judgment in 2018.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: PRATUSH;
Mains level: Lunar Missions;
Why in the news?
Astronomers are looking forward to opening a new window on the universe by posting high-resolution telescopes on the moon and in orbit around it.
Why Astronomers are looking forward to opening telescopes on the moon?
- Radio telescopes launched into orbit around Earth exacerbated the problem of receiving radio noise from the entire planet, along with signals from outer space.
- The moon’s far side offers pristine, airless conditions ideal for optical telescopes, providing crystal-clear seeing conditions during the two-week lunar night.
Global Initiatives to Install Telescope on the Moon:
- NASA’s LuSEE Night Project: LuSEE Night, a joint NASA-Berkeley Lab project scheduled for launch in December 2025, aims to study the Dark Ages period by landing on the far side of the moon, shielded from radio frequency noise from Earth.
- ESA’s Projects: ESA is preparing to launch a radio telescope to the moon’s far side aboard its lunar lander, ‘Argonaut’, by 2030, along with other projects focused on gravitational wave detection and infrared observations.
- China’s Initiatives: China is also actively involved in lunar exploration, with plans to launch a moon-orbiting radio telescope in 2026 and deploy the Queqiao-2 satellite, which includes a radio telescope payload, to serve as a communications relay between Earth and future missions.
Indian Initiative
- PRATUSH: Indian scientists plan to deploy the radio telescope PRATUSH on the moon’s far side, built by the Raman Research Institute (RRI) in collaboration with the Indian Space Research Organisation (ISRO).
- Deployment Process: Initially, ISRO will place PRATUSH into orbit around the Earth, then fine-tune it before launching it towards the moon. Operating in Earth orbit will offer advantages such as free space operation and reduced ionosphere impact compared to ground-based experiments.
- Observational Advantages: PRATUSH in lunar orbit will have ideal observing conditions, operating in free space with minimal radio frequency interference (RFI) and no ionosphere, essential for studying the signal from the Dark Ages.
- Instrument Features: PRATUSH will carry a wideband frequency-independent antenna, a self-calibrating analog receiver, and a digital correlator to capture radio noise in the signal from the Dark Ages.
Conclusion: The global initiative to deploy telescopes on and around the moon aims to overcome Earth’s radio noise and capitalize on the lunar far side’s pristine conditions for groundbreaking astronomical observations, including studying the universe’s early Dark Ages.
Mains question for practice
Q Discuss the global initiatives to deploy telescopes on the moon.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Digital India Trust Agency (DIGITA)
Mains level: NA
Why in the news?
To address the rising threat of cyber fraud, the Reserve Bank of India (RBI) is planning to establish a Digital India Trust Agency (DIGITA).
About Digital India Trust Agency (DIGITA)
DIGITA aims to tackle the proliferation of illegal lending apps by verifying and maintaining a register of authenticated digital lending platforms.
Role of DIGITA:
- Public Register: It will maintain a public register of verified apps, providing transparency and aiding law enforcement agencies in identifying unauthorised platforms.
- Verification Hub: It will serve as a central agency for vetting digital lending apps, ensuring their authenticity and compliance with regulations.
Regulatory Implications
- Apps lacking the ‘verified’ signature from DIGITA will be deemed unauthorized, enhancing law enforcement efforts against financial crimes in the digital domain.
- Verification processes will promote transparency and accountability within the digital lending sector, curbing fraudulent activities.
Progress made so far
- The RBI has shared a list of 442 digital lending apps with the IT Ministry for whitelisting with Google.
- Google has removed over 2,200 digital lending apps from its PlayStore, aligning with RBI and DFS directives to only allow apps from regulated entities or their partners.
PYQ:
2016:
Regarding ‘DigiLocker’, sometimes seen in the news, which of the following statements is/are correct?
1. It is a digital locker system offered by the Government under Digital India Programme.
2. It allows you to access your e-documents irrespective of your physical location.
Select the correct answer using the code given below.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Practice MCQ:
Consider the following statements about RBI led Digital India Trust Agency (DIGITA):
1. It aims to tackle the proliferation of illegal lending apps.
2. Apps lacking the ‘verified’ signature from DIGITA will be deemed unauthorized.
Which of the given statements is/are correct?
(a) Only 1
(b) Only 2
(c) Both 1 and 2
(d) Neither 1 nor 2 |
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Pacific ‘Ring of Fire’
Mains level: NA
Why in the news?
- Taiwan was struck by its most powerful earthquake in at least 25 years.
- Its susceptibility to earthquakes is attributed to its location along the Pacific “Ring of Fire” where a majority of the world’s seismic activity occurs.
- Taiwan is primarily influenced by the collision of the Philippine Sea Plate and the Eurasian Plate.
What is the Pacific ‘Ring of Fire’?
- The Pacific ‘Ring of Fire’ or Pacific Rim, or the Circum-Pacific Belt, is an area along the Pacific Ocean that is characterized by active volcanoes and frequent earthquakes.
- Volcanic arcs and oceanic trenches partly encircling the Pacific Basin form the so-called Ring of Fire.
- It is home to about 75 per cent of the world’s volcanoes – more than 450 volcanoes.
- Also, about 90 per cent of the world’s earthquakes occur here.
Its spread
- Its length is over 40,000 kilometres and traces from New Zealand clockwise in an almost circular arc covering Tonga, Kermadec Islands, Indonesia.
- It is moving up to the Philippines, Japan, and stretching eastward to the Aleutian Islands, then southward along the western coast of North America and South America.
Seismic activity of the region
- The area is along several tectonic plates including the Pacific plate, Philippine Plate, Juan de Fuca plate, Cocos plate, Nazca plate, and North American plate.
- The movement of these plates or tectonic activity makes the area witness abundant earthquakes and tsunamis every year.
- Along much of the Ring, tectonic plates move towards each other creating subduction zones.
- One plate gets pushed down or is subducted by the other plate.
- This is a very slow process – a movement of just one or two inches per year.
- As this subduction happens, rocks melt, become magma and move to Earth’s surface and cause volcanic activity.
PYQ:
2020: Discuss the geophysical characteristics of Circum-Pacific Zone. |
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Caracals and their habitat in India
Mains level: NA
Why in the news?
- With only an estimated 50 individuals remaining, predominantly in western India, the caracal (Caracal caracal schmitzi) is on the verge of extinction in the country.
- Ranthambhore Tiger Reserve in Rajasthan and Kutch in Gujarat are the last strongholds for caracals in India, hosting around 28 and 20 individuals, respectively.
About Caracals
- Caracals are small wild cats known for their long ears with tufts and a reddish-tan or sandy-brown fur. It is called Siya Gosh in India.
- It is nocturnal animal typically preys upon small mammals, birds, and rodents.
- They live naturally in India, especially in Northwestern India. They are also found in Africa, the Middle East, and Central Asia.
- They are found in Aravalli hill range, semi-deserts, savannahs, scrublands, and dry forests.
- Caracals used to live all over Central India and the Indo-Gangetic plains, but they haven’t been spotted in those areas for 40 years.
Conservation Status
- Caracals are listed as ‘Least Concern‘ on the IUCN Red List globally.
- It is listed as Near Threatened in India,
- It falls in the Schedule-I of the Indian Wildlife (Protection) Act, 1972.
Protection Efforts
- In 2021, the National Board for Wildlife (NBWL) and the Ministry of Environment, Forest and Climate Change (MOEFCC) announced a plan to recover and increase the population of 22 species in India, including caracals.
- Areas like Kutch, Aravalli mountains, Malwa plateau, and Bundelkhand region have been identified as potential habitats, with the Ranthambore-Kuno Landscape being a key conservation site.
PYQ:
2017:
In India, if a species of tortoise is declared protected under Schedule I of the Wildlife (Protection) Act, 1972, what does it imply?
(a) It enjoys the same level of protection as the tiger.
(b) It no longer exists in the wild, a few individuals are under captive protection; and now it is impossible to prevent its extinction.
(c) It is endemic to a particular region of India.
(d) Both B and C stated above are correct in this context. |
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Nagarjunasagar-Srisailam Tiger Reserve
Mains level: NA
Why in the news?
The Forest Department and a temple authority at Ahobilam have imposed certain restrictions on visitors arriving at a shrine in Nagarjunasagar-Srisailam Tiger Reserve (NSTR).
About Nagarjunasagar-Srisailam Tiger Reserve
|
Details |
| Origin of Name |
Named after Nagarjuna Sagar Dam and Srisailam Dam. |
| Location |
Situated in the Nallamala hill range, part of the Eastern Ghats in Andhra Pradesh. |
| Area |
Largest tiger reserve area in India, covering a total area of 3727 sq km. |
| Wildlife Sanctuaries |
Constituted by the Rajiv Gandhi Wildlife Sanctuary and the Gundla Brahmeswaram Wildlife Sanctuary. |
| Vegetation |
Features tropical, dry, moist, deciduous vegetation with diverse flora and fauna. |
| Topography |
Consists of plateaus, ridges, gorges, and deep valleys. |
| River Krishna |
Traverses through the reserve for approximately 270 kilometers. |
| Additional Information |
- Attained tiger reserve status in 1983.
- Home to Bengal tigers, Indian leopards, and more.
- Habitat contains several endemic species of plants.
- Tropical dry deciduous forests with bamboo and grass undergrowth.
|
PYQ:
2020:
Among the following Tiger Reserves, which one has the largest area under “Critical Tiger Habitat”?
(a) Corbett
(b) Ranthambore
(c) Nagarjunsagar-Srisailam
(d) Sunderbans
2015:
Consider the following pairs :
Place of Pilgrimage: Location
1. Srisailam : Nallamala Hills
2. Omkareshwar : Satmala Hills
3. Pushkar : Mahadeo Hills
Which of the pairs given above is/are correctly matched?
(a) 1 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3
Practice MCQ:
It is the largest tiger reserve in India, covering a total area of 3727 sq km. It is constituted by the Rajiv Gandhi Wildlife Sanctuary and the Gundla Brahmeswaram Wildlife Sanctuary and features tropical, dry, moist, deciduous vegetation with diverse flora and fauna.
Which protected area is implied by the above description?
(a) Nagarjunasagar-Srisailam Tiger Reserve
(b) Sathyamangalam Tiger Reserve
(c) Kalakkad Mundanthurai Tiger Reserve
(d) Biligiriranga Swamy Temple Tiger Reserve |
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: OptiDrop, C-MAP, Cytometry
Mains level: NA
Why in the news?
The Centre for Cellular and Molecular Platforms (C-CAMP) in Bengaluru has unveiled OptiDrop platform designed to simplify and significantly reduce the cost of studying single cells.
About C-CAMP
- C-CAMP Initiative was established in 2009 under the aegis of the Department of Biotechnology, Ministry of Science, Technology, and Earth Sciences.
- It stands as India’s premier biosciences research and innovation hub.
|
What is OptiDrop?
- OptiDrop presents a cost-effective alternative to traditional flow cytometry methods, making single-cell analysis more accessible to a broader range of researchers and institutions.
- OptiDrop simplifies single-cell analysis by encapsulating individual cells within droplets, facilitating easier manipulation and analysis compared to traditional methods.
- Key features such as affordability, live data visualization, compact design, and closed-system architecture enhance its suitability for diverse clinical applications.
| Cytometry is the measurement of number and characteristics of cells. Variables that can be measured by cytometric methods include cell size, cell count, cell morphology (shape and structure), cell cycle phase, DNA content, and the existence or absence of specific proteins on the cell surface or in the cytoplasm. |
Applications of OptiDrop
- Expansive Utility: OptiDrop unlocks various downstream applications, including drug screening, environmental monitoring, immunotherapy, and single-cell genomics, revolutionizing research across multiple domains.
- Advanced Research Capabilities: Researchers can leverage OptiDrop to study individual cell behavior during drug screenings, identify and monitor environmental contaminants, sort specialized cell populations, and explore genetic heterogeneity within cell populations.
Benefits offered by OptiDrop
- Accessible Technology: Unlike conventional cytometers, which can cost up to Rs 40 lakh or more, OptiDrop offers a cost-efficient solution likely priced around Rs 10 lakh, making it accessible to a broader range of research labs and institutions.
- Affordable Scalability: OptiDrop’s affordable pricing and scalable design allow institutions of varying sizes to adopt the technology, democratizing access to cutting-edge single-cell analysis capabilities.
- Long-Term Sustainability: By reducing the barrier to entry for single-cell analysis, OptiDrop paves the way for sustainable and impactful research initiatives, driving innovation and discovery in the life sciences.
PYQ:
2020:
Which of the following statements are correct regarding the general difference between plant and animal-calls?
1. Plant cells have cellulose cell walls whilst animal cells do not.
2. Plant cells do not have plasma membrane unlike animal cells which do.
3. Mature plant cell has one large vacuole whilst animal cell has many small vacuoles.
Select the correct answer using the code given below:
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3
Practice MCQ:
The OptiDrop equipment recently seen in news finds application in:
(a) Cytometry
(b) Astronomy
(c) Geology
(d) Radiometry |
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Mother of Dragons Comet, Its features
Mains level: NA
Why in the news?
- The “Mother of Dragons” comet, officially named Comet 12P/Pons-Brooks, is making a rare appearance in the Northern Hemisphere skies.
- This Halley-type comet, completing its orbit every 71 years, has emerged marking its first sighting since 1954.
What is a Comet?
- A comet is a celestial object composed primarily of ice, dust, and rocky particles that orbit the Sun in elongated, elliptical paths.
- These icy bodies originate from the outer regions of the solar system, specifically from two regions: the Kuiper Belt and the Oort Cloud.
- Comets are often referred to as “dirty snowballs” or “icy dirtballs” due to their composition.
- Halley’s Comet is a short-period comet visible from Earth every 75–79 years.
- It was last seen in Earth’s skies in 1986 and was met in space by an international fleet of spacecraft. It will return in 2061 on its regular journey around the Sun.
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About Mother of Dragons Comet
- It is named by the European Space Agency (ESA).
- The comet’s name is inspired by its link to the annual “kappa-Draconids” meteor shower, active from November 29 to December 13 each year.
- It has a width of 17 km. the comet features an elliptical orbit adorned with a mysterious spiral of luminous light enveloping its icy nucleus.
- It is comprised of ice, dust, rock, and diatomic carbon molecules.
- It dissipates a radiant emerald hue when illuminated by the sun, captivating observers with its bright green appearance.
Display Features of the Comet
- Renowned for its cryovolcanic eruptions, the comet periodically ejects material from its icy core into space, resulting in breath-taking luminosity.
- Its most recent eruption in July 2023, after 69 years, earned it the moniker “devil comet” due to its dramatic outburst, resembling horns likely caused by internal features.
PYQ:
2014:
What is a coma, in the content of astronomy?
(a) Bright half of material on the comet
(b) Long tail of dust
(c) Two asteroids orbiting each other
(d) Two planets orbiting each other
Practice MCQ:
With reference to the “Mother of Dragons” Comet, consider the following statements:
1. It is named by the NASA.
2. It is comprised of ice, dust, rock, and diatomic carbon molecules.
3. It makes appearances after every 10 years.
How many of the above statements is/are correct?
(a) One
(b) Two
(c) Three
(d) None |
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Tokamak Technology, Nuclear Fusion
Mains level: NA
Why in the news?
- South Korean scientists at the Korea Institute of Fusion Energy (KFE) achieved a significant milestone by producing temperatures of 100 million Celsius for 48 seconds in the Korea Superconducting Tokamak Advanced Research (KSTAR) fusion reactor.
- KSTAR maintained the high confinement mode (H-mode) for over 100 seconds, demonstrating stability in plasma conditions crucial for sustained fusion reactions.
- This is a world record.
What is Tokamak Technology?
- Scientists utilize a tokamak, a donut-shaped reactor, to heat hydrogen variants to extreme temperatures, creating plasma.
- This reactor replicates the Sun’s fusion reaction, generating immense heat energy.
|
What is Nuclear Fusion?
- Nuclear fusion involves fusion of hydrogen and other light elements to release massive energy, akin to the process that powers the Sun and stars.
- It is a process where two light atomic nuclei combine to form a heavier nucleus, releasing a large amount of energy in the process.
- This occurs under extremely high temperatures, typically in the range of tens of millions of degrees Celsius, and pressure, similar to those found in the core of stars.
- In a tokamak reactor, hydrogen variants are heated to extreme temperatures to create a plasma, mimicking conditions found in the Sun’s core.
- 1 kg of fusion fuel contains about 10 million times as much energy as a kg of coal, oil or gas.
Significance of KSTAR’s achievements
- Achieving sustained fusion reactions in laboratory conditions unlocks the potential for unlimited, zero-carbon electricity generation.
- By extending the duration of high-temperature fusion, scientists aim to sustain plasma temperatures of 100 million degrees for 300 seconds by 2026, pushing the boundaries of fusion research.
- Progress in fusion research at KSTAR contributes to international efforts, supporting projects like the International Thermonuclear Experimental Reactor (ITER) in France.
ITER Project
- ITER is a unique partnership of nations jointly responsible for the construction, operation, and decommissioning of an experimental fusion facility.
- It was founded in 2007 and is based at Saint-Paul-lez-Durance, France.
- ITER being an experimental reactor, it will allow the study of fusion reaction which governs the Sun and other Stars.
- Nuclear fusion will take place in the form of Plasma in a Tokamak.
ITER is run, funded and designed by 7 members:
- European Union (EU)
- India
- China
- Japan
- Russia
- South Korea
- United States
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Benefits offered by Nuclear Fusion Energy
- Clean Energy: Fusion reactions produce minimal radioactive waste compared to nuclear fission, which generates long-lived radioactive waste. Fusion also emits no greenhouse gases, making it an environmentally friendly energy source.
- Safety and Controlled Nature: Fusion reactions are inherently safer than nuclear fission reactions. Fusion reactors have a lower risk of accidents and do not produce runaway chain reactions like fission reactors.
- Energy Security: Fusion provides a reliable and secure source of energy, reducing dependence on fossil fuels and volatile energy markets. It offers a sustainable solution to meet global energy demand.
- High Energy Density: Fusion reactions release a vast amount of energy compared to other energy sources. This high energy density makes fusion power compact and efficient, enabling it to meet large-scale energy needs.
- Scalability: Fusion reactors can be designed to scale up or down to meet varying energy demands. They can serve as base-load power plants or complement renewable energy sources, providing flexibility in the energy mix.
- Minimal Environmental Impact: Fusion power plants have a small footprint and do not require large mining operations or fuel transportation, reducing their environmental impact. They also produce no air pollution or carbon emissions during operation.
PYQ:
2016:
India is an important member of the ‘International Thermonuclear Experimental Reactor’. If this experiment succeeds, what is the immediate advantage for India?
(a) It can use thorium in place of uranium for power generation
(b) It can attain a global role in satellite navigation
(c) It can drastically improve the efficiency of its fission reactors in power generation
(d) It can build fusion reactors for power generation
Practice MCQ:
The Korea Superconducting Tokamak Advanced Research (KSTAR) fusion reactor has recently set a world record. In this regard, consider the following statements:
1. It produced a temperatures of 100 million Celsius for 48 seconds.
2. It achieved sustained fusion reactions in laboratory conditions.
Which of the given statements is/are correct?
(a) Only 1
(b) Only 2
(c) Both 1 and 2
(d) Neither 1 nor 2 |
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Job for Resilience Report
Mains level: Main findings in this report
Why in the News?
Recently, the ‘Job for Resilience Report’ was published by the World Bank. The Report talks about how the South Asia region including India is not making use of its demographic dividend.
- The pace of job creation in the region fell well short of the growth in the working-age population, even as it projected a strong 6.0-6.1% growth for 2024-25 for the region in its South Asia region.’
Main findings in this report:
The South Asia’s labor markets as Emerging markets and developing economies:
- Declining employment ratio: South Asia’s employment weakened from 2000–23, despite a 6% post-pandemic surge. While most EMDEs remained stable, South Asia declined by 2%, with varied changes within.
- Low employment ratios: Except for Nepal, South Asian countries have employment ratios significantly lower than other EMDEs, with South Asia’s ratio at 59%, notably lower than the 70% average elsewhere in 2023.
- Employment weakness for men and women: In South Asia, men’s employment ratios declined over two decades, compared with other EMDEs. Women’s ratios, persistently low and half those elsewhere, primarily contribute to South Asia’s lower overall employment rates.
- A missing engine of growth: In the 2010s, South Asia experienced a surge in labor productivity growth, which later declined below the EMDE average from 2020–23. Unlike other EMDEs, South Asia’s output growth relied heavily on labor productivity growth and working-age population expansion. However, declining employment ratios hampered output growth.
Report on Indian Scenario:
- Trends in employment and labor productivity: India’s employment growth in the 2010s was weak but rebounded post-pandemic. The employment ratio declined significantly until 2022 but partially recovered by 3 percentage points in 2023.
- Migrant workers: In India, Migrant workers returned to rural areas, and emigration from rural areas slowed, during the pandemic.5 India has the region’s second-largest share of workers in agriculture (44 per cent) after Nepal.
- Employment composition: India’s industrial employment grows with public investments, eased labor regulations, and contract labor. The services sector, led by IT, BPO, and healthcare, thrives on a skilled workforce and digital infrastructure, limiting opportunities for unskilled labor.
Measures to address the challenges highlighted in the Report:
- Skill Development Programs: Implementing extensive skill development programs to equip the workforce with the necessary skills demanded by the evolving job market, focusing on both technical and soft skills.
- Labour Market Reforms: Continuously reviewing and refining labor regulations to strike a balance between protecting workers’ rights and fostering a conducive environment for job creation and investment.
- Promotion of Inclusive Growth: Implementing policies aimed at promoting inclusive growth, particularly focusing on increasing women’s participation in the workforce through measures like affordable childcare, flexible work arrangements, and addressing cultural barriers.
- Investment in Infrastructure: Continued investment in infrastructure development to facilitate the growth of industries and services, creating more employment opportunities, particularly in rural areas.
- Enhancing Productivity: Implementing measures to enhance productivity across sectors through technological advancements, innovation, and efficient resource allocation.
Conclusion: World Bank warns South Asia, including India, risks wasting demographic dividend due to declining employment ratios and low productivity growth. Urgent measures needed: skill development, labor reforms, inclusive growth promotion, infrastructure investment, and productivity enhancement.
With inputs from:
https://openknowledge.worldbank.org/server/api/core/bitstreams/4ec19c2d-65fd-4523-8020-338f0cb98523/content
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Global Currency
Mains level: Indian Trades;
Why in the news?
PM Modi asked the RBI to prepare a 10-year strategy to make the Indian rupee a globally “accessible and acceptable” currency and to meet the credit needs of every segment of the country
What is Global Currency?
A global currency refers to a single currency that is used by every country in the world. This concept involves all nations adopting the same currency for international trade and transactions |
What are the major challenges for India to make Rupeea a Global Currency?
- Economic Stability: The Indian economy would need to demonstrate consistent stability and growth to inspire confidence among international investors and users of the currency.
- Liquidity in Financial Market Development: These markets need to be deep and liquid to accommodate large volumes of international transactions denominated in INR.
- Capital Controls: India currently has restrictions on capital flows in and out of the country. These would need to be eased to facilitate international trade and investment denominated in INR.
- Legal and Regulatory Framework: There would need to be robust legal and regulatory frameworks in place to govern the use of the INR in international transactions, including clearing and settlement systems, as well as dispute resolution mechanisms.
- International/ Investors Acceptance: Convincing other countries, businesses, and individuals to adopt the INR as a global currency would require concerted diplomatic efforts, as well as initiatives to promote its use in international trade and finance.
- Currency Convertibility: Full convertibility of the INR would be necessary for it to become a global currency.
Indian Efforts to Make Rupee a Global Currency:
- RBI’s Roadmap for Rupee Internationalization: The RBI has published a report outlining a roadmap for the internationalization of the Rupee. This roadmap recommends actions such as including the Rupee in the Special Drawing Rights (SDR) basket, promoting its use in trade invoicing and settlement, facilitating its use in offshore markets, and developing financial products denominated in Rupees.
- Promoting Use of Local Currencies for Cross-Border Transactions: India has been engaging in agreements with countries like the UAE to promote the use of local currencies, including the Rupee, for cross-border transactions.
Way Forward:
- Need for Transactions in Rupee: To be an accepted International Currency, the Indian rupee is to be freely used in transactions by residents and non-residents and as a reserve currency for global trade.
- Need to increase the Exports: Indian Trades need to be promoted beyond the Asian region. All export and import transactions need to be invoiced in Indian rupees.
- Reducing the Constraints: Legal and Regulatory frameworks need to be freed to attract investors for their business profits without hampering security concerns.
https://www.hindustantimes.com/india-news/lets-make-a-global-currency-pm-to-rbi-101711996093588.html
https://theprint.in/opinion/indian-rupee-can-become-global-reserve-currency-but-modi-govt-must-bring-reforms-for-that/1738000/
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Environment Protection Act,1986; National Green Tribunal (NGT);
Mains level: Judiciary; National Green Tribunal (NGT);
Why in the News?
Recently, the SC revoked the notification given by the Environment Ministry to exempt the extraction of ordinary earth for linear projects, such as road and railway construction.
- It was challenged before the National Green Tribunal (NGT), which asked the Ministry to review it within three months. However, the Ministry did not take any action, leading the matter to reach the SC.
What are the linear projects?
Linear projects refer to Construction or Development Projects. It includes the construction of linear structures like utility lines, pipelines, railroad tracks, highways, stormwater channels, and stream restoration activities. |
What was the 2020 exemption?
- September 2006: The Environment Ministry issued a notification under the Environment (Protection) Act, 1986, on activities that would require prior Environmental Clearance.
- January 2016: A second notification was issued, exempting certain categories of projects from this requirement.
- March 2020: It added “Extraction or sourcing or borrowing of ordinary earth for the linear projects such as roads, pipelines, etc” to the list of exempted activities.
- The general purpose of the 2020 notification was to conform to the amendments made to the Mines and Minerals (Development and Regulation) Act, 1957, in March 2020, allowing new lessees to continue mining for two years with the statutory clearances and licenses issued to their predecessors.
Nexus between the Judiciary and the Union Government (Ground for Challenges)
-
- Judicial stand: The SC invalidated the broad and random exception, highlighting that the announcement was rushed during the COVID-19 lockdown without seeking feedback or objections through prior notification.
- The exemption granted without incorporating safeguards was deemed arbitrary and violative of Article 14 of the Constitution.
- The court emphasized that the absence of safeguards defeats the purpose of the Environment Protection Act (EP Act).
- An argument by the center: The Center contended that the exemption was essential “to benefit the general public” and would support “the kumhars (potters), farmers, gram panchayats, banjaras, roads of Gujarat,” and all non-mining activities recognized by the states.
- However, the Apex court stated that the Centre had failed to provide reasons for concluding that the notification was issued in the public interest.
Similar Judicial Scrutiny in the Past:
- January 2018: The NGT quashed an exemption offered by the Ministry’s 2016 notification from the requirement of prior EC for building and construction activities having built-up areas of more than 20,000 sq m. According to the Tribunal, there was nothing to suggest an improvement in the quality of the environment to justify the exemption.
- July 2015: Underlining that the EP Act mandates prior approval, the NGT struck down two Office Memorandums issued by the Ministry in December 2012 and June 2013 for granting ex-post facto EC to projects under the 2006 notification.
- July 2021: Another notification of the Ministry that sought to perpetuate an amnesty window opened for just six months in March 2017 to clear projects under the “violation category” and issued ex-post facto approval to more than 100 projects, until the SC stayed it in January this year.
- March 2024: The Kerala HC quashed a 2014 notification that exempted educational institutions and industrial sheds with built-up areas of more than 20,000 sq m from obtaining EC.
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Conclusion: The Supreme Court invalidated the Environment Ministry’s exemption for earth extraction in linear projects due to a lack of justification and safeguards, emphasizing compliance with Environmental Clearance to minimize environmental harm, safeguarding the Environment Protection Act’s purpose.
Mains PYQ
Q How does the draft EnvironmentImpact Assessment(EIA)Notification, 2020 differ from the existing EIA Notification, 2006? (UPSC IAS/2020)
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: RBI, its regulatory functions, major achievements
Mains level: NA
Why in the news?
Recently, the RBI celebrated its 90th year in Mumbai, marking a significant milestone.
Dr. Ambedkar’s Role in the Establishment of RBI:
- Dr. B.R. Ambedkar’s contributions were particularly notable during the Hilton Young Commission discussions in 1926, where he presented his recommendations based on his book “The Problem of the Rupee – Its Origin and Its Solution.”
- These discussions laid the foundation for the establishment of the RBI on April 1, 1935.
|
About Reserve Bank of India (RBI)
- The RBI is the central bank and monetary authority of India.
- It was established on April 1, 1935, under the Reserve Bank of India Act, 1934.
- Its idea was incepted from the recommendations of the Hilton Young Commission.
- Sir Osborne Arkell Smith, an Australian, served as the inaugural Governor.
- He was succeeded by Sir C D Deshmukh, the first Indian to hold the position.
- It is a centralized institution for India to effectively regulate its monetary and credit policies.
- RBI had its initial headquarters in Kolkata, later moving permanently to Mumbai in 1937.
- Initially, the RBI operated as a privately owned entity until its full nationalization in 1949.
Functions and Initiatives:
- Monetary Authority: The RBI controls the supply of money in the economy to stabilize exchange rates, maintain a healthy balance of payment, and control inflation.
- Issuer of Currency: Sole authority to issue currency and combat circulation of counterfeit notes.
- Banker to the Government: Acts as a banker to both the Central and State governments, providing short-term credit and financial advisory services.
- Lender of Last Resort: Provides emergency liquidity assistance to banks during crises.
- Custodian of Foreign Exchange Reserves: Manages foreign exchange reserves and administers the Foreign Exchange Management Act, 1999 (FEMA).
- Regulator and Supervisor of Payment and Settlement Systems: Oversees payment and settlement systems in the country, ensuring efficiency and security.
- Credit Control and Developmental Role: Promotes credit availability to productive sectors and fosters financial infrastructure development.
Transformative Reforms initiated by the RBI
- Green Revolution (1960s-1970s): Supported agricultural growth through credit facilities and rural credit accessibility enhancements.
- Banks Nationalization (1969): Aimed at aligning banking sector objectives with national policy goals.
- Priority Sector Lending (1972): Ensures timely credit flow to key sectors of the economy.
- Economic Liberalization (1991): Opened up the economy to global markets, fostering market-oriented growth.
- Unified Payment Interface (UPI), 2016: Enabled seamless and instant transactions across India.
- Inflation Targeting Framework, 2016: Set inflation targets to guide monetary policy decisions.
- Bharat Bill Payment System (BBPS), 2019: Launched an integrated bill payment system for customer convenience.
- Aadhar-based eKYC (2019): Streamlined customer authentication processes for financial institutions.
- Emergency Credit Line Guarantee Scheme (ECLGS), 2020: Provided credit assistance to SMEs affected by the COVID-19 pandemic.
- Central Bank Digital Currency (2022): RBI is actively exploring the issuance of a CBDC known as e₹ (digital Rupee).
- Cryptocurrency Regulation (2022): RBI has maintained a consistent stance against cryptocurrencies, advocating for an outright ban on them (after China and El Salvador imposed the complete ban). In 2020, the Supreme Court of India removed the ban on cryptocurrencies imposed by RBI.
- Payment Vision 2025 Document (2023): The goals and vision of the RBI, are categorised in the Payments Vision 2025 documents into five anchor goalposts – Integrity, Inclusion, Innovation, Institutionalisation and Internationalisation.
PYQ:
2012:
The Reserve Bank of India (RBI) acts as a bankers’ bank. This would imply which of the following?
1. Banks retain their deposits with the RBI.
2. The RBI lends funds to the commercial banks in times of need.
3. The RBI advises the commercial banks on monetary matters.
Select the correct answer using the codes given below:
(a) 2 and 3 only
(b) 1 and 2 only
(c) 1 and 3 only
(d) 1, 2 and 3
2013: Consider the following statements:
1. The Governor of the Reserve Bank of India (RBI) is appointed by the Central Government.
2. Certain provisions in the Constitution of India give the Central Government the right to issue directions to the RBI in public interest.
3. The Governor of the RBI draws his power from the RBI Act.
Which of the above statements are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3 |
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Leap Second, Leap Year, UTC, TAI
Mains level: NA
Why in the news?
- A recent publication in the science journal Nature highlights how climate change-induced melting of glaciers and ice sheets is altering the Earth’s rotation, potentially disrupting our timekeeping systems.
- Leap seconds were added almost every year between 1972 and 1999 to adjust for Earth’s slowing rotation. But there have only been four added in the last 23 years, and the last time a leap second was added was in 2016.
What is a Leap Second?
- A leap second is a one-second adjustment that is occasionally applied to Coordinated Universal Time (UTC) in order to synchronize atomic time with astronomical time, particularly with the Earth’s rotation.
- The purpose of adding or subtracting a leap second is to keep International Atomic Time (IAT) (which is extremely precise) in close alignment with astronomical time, which is based on the Earth’s rotation and is subject to slight variations.
There are two types of leap seconds:
- Positive Leap Second:
- A positive leap second is added to UTC when the Earth’s rotation slows down slightly, causing the length of a day to exceed 86,400 seconds.
- This type of leap second is necessary to bring UTC back into alignment with the Earth’s rotational time.
- Positive leap seconds are rare and occur less frequently than negative leap seconds.
- Negative Leap Second:
- A negative leap second, also known as a deletion or removal of a second, occurs when the Earth’s rotation speeds up slightly, causing the length of a day to be less than 86,400 seconds.
- Negative leap seconds are extremely rare and have only been proposed but never implemented. They are considered hypothetical and have not yet been needed to adjust UTC.
- The concept of negative leap seconds is controversial and requires international agreement and coordination among timekeeping organizations.
International Atomic Time (TAI)
- TAI is a high-precision time scale based on the weighted average of atomic clocks (usually involving caesium or rubidium atoms) from various laboratories around the world.
- It is one of the primary time scales used for scientific and technical purposes, providing a continuous and uniform time reference that is independent of the Earth’s rotation.
- TAI is maintained since 1958 by the International Bureau of Weights and Measures (BIPM) in Paris, France.
- Unlike UTC, which is adjusted periodically to account for the Earth’s irregular rotation, TAI is a continuous time scale that does not include any corrections for Earth’s rotation.
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How Climate Change causes Negative Leap Second?
- Glacial Melting: Accelerating melt rates in Greenland and Antarctica are redistributing weight across the planet, causing a slight deceleration in the Earth’s rotation.
- Historical Context: Timekeepers have periodically added leap seconds to clocks worldwide to account for the Earth spinning faster than usual, with 27 instances recorded since the 1970s.
- Planned Adjustment: The proposed “negative leap second” adjustment, scheduled for 2026, may be postponed until 2029 or later due to the recent deceleration in the Earth’s rotation.Top of Form
Practice MCQ:
What is a Leap Second?
(a) It is a periodic adjustment added to International Atomic Time (TAI) to compensate for irregularities in Earth’s rotation.
(b) It is an extra second added to Coordinated Universal Time (UTC) to synchronize atomic time with astronomical time.
(c) It is the time lag measured by the atomic clocks in Outer Space-Time conditions.
(d) It is a term used to describe the synchronization of atomic clocks with the oscillations of subatomic particles. |
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Paradip and other major sea-ports
Mains level: NA
Why in the news?
Paradip Port in Odisha has made history by becoming India’s largest major port in terms of cargo volumes, surpassing Deendayal Port Authority in Gujarat during FY24.
About Paradip Port
- Paradip Port is situated at the confluence of the Mahanadi River and the Bay of Bengal in the Jagatsinghpur district of Odisha.
- It has a natural deep-water harbor, allowing it to accommodate large vessels and handle bulk cargo efficiently.
- The port was commissioned in 1966 to serve as a gateway for the maritime trade of eastern India.
- Paradip Port Trust, a statutory body under the Major Port Trusts Act, 1963, manages and operates the port.
Key Features of the Port
- Infrastructure: It is equipped with modern facilities for handling a variety of cargo, including dry bulk, liquid bulk, containerized cargo, and general cargo.
- Deep-Draft Port: The port has extensive berthing facilities and cargo-handling equipment capable of handling millions of tonnes of cargo annually.
- Strategic Importance: Paradip Port serves as a vital link for the export and import trade of eastern and central India, contributing significantly to the region’s economic development.
- Connectivity: The port is well-connected to major cities and industrial centers in Odisha and neighbouring states through road and rail networks.
Key Feats Achieved
- Cargo Throughput: Paradip Port achieved a record-breaking cargo throughput of 145.38 million metric tonnes (MMT) in FY2023-24, surpassing Deendayal Port.
- Coastal Shipping Traffic: The port recorded the highest-ever coastal shipping traffic of 59.19 million metric tonnes, showcasing a growth of 1.30% over the previous year.
- Thermal Coal Handling: Thermal coal shipping reached 43.97 million metric tonnes, marking a growth of 4.02% over the previous year.
- Revenue Growth: Operating revenue crossed Rs 2,300 crore in FY24, reflecting a notable increase of 14.30% compared to the previous fiscal.
Driving Factors of this Success
- Enhanced Operational Efficiency: Mechanised coal handling plant operations were optimized, resulting in the highest handling of thermal coal at 27.12 million tonnes.
- Productivity Improvement: Paradip Port improved berth productivity to 33,014 MT, the highest among all ports, showcasing a growth of 6.33% over the previous financial year.
- Rake Handling and Ship Movements: The port handled 21,665 rakes and 2,710 ships during FY24, registering significant year-on-year growth in both metrics.
Future Prospects
- Capacity Expansion: With a current capacity of 289 million tonnes, Paradip Port is poised to exceed 300 million tonnes capacity in the next 3 years with the commissioning of the Western Dock project.
- Strategic Location: Located near a mineral-rich hinterland, Paradip Port remains a strategic asset for India’s maritime trade and economic growth.
PYQ:
2017:
What is the importance of developing Chabahar Port by India?
(a) India’s trade with African countries will enormously increase.
(b) India’s relations with oil-producing Arab countries will be strengthened.
(c) India will not depend on Pakistan for access to Afghanistan and Central Asia.
(d) Pakistan will facilitate and protect the installation of a gas pipeline between Iraq and India.
Practice MCQ:
It is situated at the confluence of the Mahanadi River and the Bay of Bengal. It has a natural deep-water harbor, allowing it to accommodate large vessels and handle bulk cargo efficiently.
Which sea port in Odisha is being talked about by the above description?
(a) Haldia
(b) Gopalpur
(c) Belikeri
(d) Paradip |
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: SCORES 2.0, SEBI
Mains level: NA
Why in the news?
The Securities and Exchange Board of India (SEBI) unveiled the upgraded version of the SEBI Complaint Redress System (SCORES 2.0) marking a significant advancement in the investor complaint redressal mechanism in the securities market.
About Securities and Exchange Board of India (SEBI)
- SEBI is the regulatory authority overseeing India’s securities and commodity markets.
- Established in 1988 as a non-statutory body, SEBI was granted statutory powers with the enactment of the SEBI Act 1992 by the Indian Parliament.
- It operates under the purview of the Ministry of Finance.
- SEBI’s structure includes a chairman nominated by the GoI, members from the Union Finance Ministry, the Reserve Bank of India, and others.
- Its headquarters is in Mumbai, with regional offices in Ahmedabad, Kolkata, Chennai, and Delhi.
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What is SCORES 2.0?
- SCORES 2.0 refers to the upgraded version of the SEBI Complaint Redress System (SCORES) launched by the Securities and Exchange Board of India (SEBI).
- SCORES is an online platform designed to facilitate the lodging and resolution of complaints by investors in the securities market.
- Complaints can be lodged for any issues covered under the:
- SEBI Act, 1992
- Securities Contract Regulation Act, 1956
- Depositories Act, 1966
- Companies Act, 2013
Complaints on SCORES 2.0 can be launched against:
- Listed companies / registrar & transfer agents
- Brokers / stock exchanges
- Depository participants / depository
- Mutual funds
- Portfolio Managers
- Other entities (KYC Collective investment scheme, Merchant banker, Credit rating, Foreign institutional investor etc.)
Features of SCORES 2.0:
- Reduced Timelines: SCORES 2.0 implements reduced and standardized timelines for addressing investor grievances, ensuring a maximum redressal period of 21 calendar days from the date of complaint receipt.
- Auto-Routing and Escalation: The new version incorporates an auto-routing mechanism to swiftly direct complaints to the relevant regulated entity. Additionally, it introduces a two-tier review process, with complaints undergoing review first by the designated body and subsequently by SEBI if investors remain dissatisfied with the resolution provided.
- Integration with KYC Database: SCORES 2.0 is seamlessly integrated with the KYC Registration Agency database, streamlining the registration process for investors onto the platform.
- Enhanced Efficiency: Through features such as auto-routing, auto-escalation, and stricter monitoring protocols, SCORES 2.0 aims to enhance the efficiency and effectiveness of the investor complaint redressal process.
Significance of SCORES 2.0
- Improved Regulatory Oversight: By introducing stricter timelines and oversight mechanisms, SEBI aims to enhance regulatory efficiency and transparency, fostering a more accountable and responsive market ecosystem.
- Technological Advancements: The integration of advanced technological features, such as auto-routing and KYC database linkage, reflects SEBI’s proactive approach towards harnessing digital innovations to modernize regulatory processes and services.
PYQ:
2013:
The product diversification of financial institutions and insurance companies, resulting in overlapping of products and services strengthens the case for the merger of the two regulatory agencies, namely SEBI and IRDA. Justify.
Practice MCQ:
Consider the following statements about the SCORES 2.0 Platform recently launched by the Securities and Exchange Board of India (SEBI):
1. It is an online platform designed to facilitate the lodging and resolution of complaints by investors in the securities market.
2. It addresses complaints pertaining to the SEBI Act, 1992 only.
3. It ensures a maximum redressal period of 21 calendar days.
How many of the above statements is/are correct?
(a) One
(b) Two
(c) Three
(d) None |
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Kallakkadal, Tsunami
Mains level: NA
Why in the news?
- Coastal areas of Kerala, including Alappuzha, Kollam, and Thiruvananthapuram districts, are grappling with flooding caused by high sea waves, known as swell waves or Kallakkadal in Malayalam.
- The recent swell surge occurred following a low-pressure system originating in the South Atlantic Ocean, leading to the formation of waves reaching heights of up to 11 meters.
What is Kallakkadal?
- Origin and Meaning:
- Kallakkadal refers to coastal flooding during the (April-May) pre-monsoon season.
- It is caused by ocean swell waves on the southwest coast of India.
- The term “Kallakkadal” originates from Malayalam, combining “Kallan” (thief) and “Kadal” (sea), denoting the sea’s unexpected intrusion akin to a thief.
- In 2012, the term was formally approved by the UNESCO (United Nations Educational, Scientific and Cultural Organization).
- Causes:
- These waves stem from distant storms, such as hurricanes, generating significant energy transfer from the atmosphere to the water.
- Kallakkadal typically results from strong winds in the southern Indian Ocean, generating ocean swells that travel northward towards the Kerala coast.
Features of Kallakkadal
- This phenomenon occurs mostly during pre-monsoon season and sometimes during post monsoon.
- It continues for a few days.
- It inundates the low lying coasts.
- Initially sea recedes before the surge.
- During high tide the run-up, water level can reach as much as 3–4 m above Maximum Water Level (MWL).
How is it distinct from Tsunami?
- Nature of Phenomenon: Kallakkadal, though often confused with tsunamis, arises from distant storm-generated waves, contrasting with tsunamis triggered by underwater disturbances, typically seismic activities.
- Clarification: Understanding this distinction is crucial for implementing effective early warning systems and mitigating the impact of coastal hazards.
PYQ:
2017: At one of the places in India, if you stand on the seashore and watch the sea, you will find that the sea water recedes from the shore line a few kilometres and comes back to the shore, twice a day, and you can actually walk on the sea floor when the water recedes. This unique phenomenon is seen at-
(a) Bhavnagar
(b) Bheemunipatnam
(c) Chandipur
(d) Nagapattinam
Practice MCQ:
The Coastal areas of Kerala recently witnessed the Oceanic Swell Waves locally known as Kallakkadal. In this regard consider the following statements:
1. Kallakkadal typically occurs during the spring season (March-April).
2. These waves stem from distant storms in the southern Indian Ocean.
Which of the given statements is/are NOT correct?
(a) Only 1
(b) Only 2
(c) Both 1 and 2
(d) Neither 1 nor 2 |
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