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UPSC CSE Key – February 14, 2022: What you need to read today

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Front Page

LIC files papers, set for biggest Indian IPO ever

Syllabus:

Preliminary Examination: Current events of national and international importance.

Mains Examination: General Studies II: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.

Key Points to Ponder:

• What is Initial Public Offer?

• LIC IPO-About

• Know about Life Insurance Corporation of India (LIC)?

• What is the size and position of LIC in insurance market?

• How does LIC fit into the overall disinvestment roadmap?

• IPO could bring transparency to LIC’s operations-How?

• What benefits can be expected through the IPO?

Other Important Articles Covering the same topic:

📍 Explained: The biggest LIC IPO that the government is set to launch

EXPRESS NETWORK

Institutes that complete one year can seek provisional NAAC accreditation

Syllabus:

Preliminary Examination: Current events of national and international importance

Mains Examination: General Studies II: Issues relating to development and management of Social Sector/Services relating to Health, Education, Human Resources.

Key Points to Ponder:

• What is National Assessment and Accreditation Council (NAAC)?

• National Assessment and Accreditation Council (NAAC) Procedure?

• What is Paramarsh Scheme?

• What NAAC examines for provisional accreditation for colleges (PAC)?

• National Education Policy (NEP) 2020-Highlights

Other Important Articles Covering the same topic:

📍 National Assessment and Accreditation Council (NAAC)

THE EDITORIAL PAGE

Dealing with China

Syllabus:

Preliminary Examination: Current events of national and international importance.

Mains Examination: General Studies II: India and its neighborhood- relations.

Key Points to Ponder:

• Know About- Line of Actual Control (LAC)

• Changing dynamics in Indo-China relationships-what are the points of irritation in recent scenario?

• Jingoism and not pragmatism nowadays dominate bilateral relations of India with her Neighbours -do you think so?
Attest your opinion with few examples

• Resolving the Sino-Indian imbroglio-How? (Hint: Given in the article)

Other Important Articles Covering the same topic:

📍 ‘China’s relationship with India lies in India’s external environment’

THE IDEAS PAGE

Climate smart agriculture

Syllabus:

Preliminary Examination: General issues on Environmental ecology, Bio-diversity and Climate Change

Mains Examination: General Studies II: Conservation, environmental pollution and degradation, environmental impact assessment.

Key Points to Ponder:

• What do you understand by ‘Climate-Smart Agriculture’?

• 2070 carbon neutrality target set by India at the CoP26-Highlights

• Amrit Kaal: What Does It Mean & its Genesis?

• Agriculture and Climate Change-How Agriculture impacts Climate in Long-term?

• Know about National GHG inventory

• Steps to achieve “climate smart” agriculture?

Other Important Articles Covering the same topic:

📍 Climate-Smart Agriculture

EXPRESS NETWORK

Govt approves Rs 26,275 crore plan for police modernization

Syllabus:

Preliminary Examination: Current events of national and international importance.

Mains Examination: General Studies III: Various Security forces and agencies and their mandate.

Key Points to Ponder:

• Why Police Reforms is needed?

• Various Committees and Commissions on Police Reforms

• What are the Issues and Challenges associated with Police Forces?

• Know About-National Policy and Action Plan’ for combating LWE

• Modernisation of Police Force Scheme- Highlights

• Supreme Court in the landmark Prakash Singh case (2006) gave seven directives on police reforms-What are they?

Other Important Articles Covering the same topic:

📍 Explained: The 2006 Supreme Court ruling on police reforms; how states circumvent it to influence postings

📍 Police reform recommendations exist. So why have they not been implemented?

EXPLAINED

Issues in uniform civil code

Syllabus:

Preliminary Examination: Indian Polity and Governance

Mains Examination: General Studies II: Indian Constitution, Government policies and interventions for development in various sectors and issues arising out of their design and implementation

Key Points to Ponder:

• What is Hindu Code Bill?

• Article 44 of the Constitution and Uniform Civil Code?

• What is a Uniform Civil Code?

• What are more important-fundamental rights or directive principles?

• Does India not already have a uniform code in civil matters?

• Is there one common personal law for any religious community governing all its members?

Other Important Articles Covering the same topic:

📍 Explained: Uniform Civil code — the debate, the status

Function & significance of ISRO’s EOS-04 satellite

Syllabus:

Preliminary Examination: Current events of national and international importance

Mains Examination: General Studies III: Achievements of Indians in science & technology; indigenization of technology and developing new technology.

Key Points to Ponder:

• What is the EOS-04 all about?

• What other satellites are being launched-INSPIREsat-1 and INS-2TD

• How many satellites does India have in space?

• Know about ISRO

Other Important Articles Covering the same topic:

📍 Isro successfully launches EOS-04, two other satellites Monday morning

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Categories
Delhi News

UPSC CSE Key – February 2, 2022: What you need to read today

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FRONT PAGE

Budget’s big push: Govt capital expenditure up 27% over last year

Syllabus:

Preliminary Examination: Economic and Social Development

Main Examination: General Studies III: Government Budgeting

Key Points to Ponder:

• Annual Financial Statement (AFS) or Union Budget and Article 112 of the Indian Constitution

• Department of Economic Affairs-Role, Under which Ministry?

• What are the three major components of Budget?

• The budget consists of two types of expenditure—the expenditure ‘charged’ upon the Consolidated Fund of India and
the expenditure ‘made’ from the Consolidated Fund of India, what are the ‘Charged’ and ‘made’ Expenditure?

• The budget goes through six stages in the Parliament-what are they?

• Union Budget and Passing of Appropriation Bill

• Union Budget and Rajya Sabha

• What is Keynesian Economics?

• Know the terms- ‘Fiscal Rectitude’, ‘Capital Expenditure’, ‘Grants in Aid’, Capital Investments, Capital Assets,
‘Revenue Buoyancy’, Emergency Credit Line Guarantee Scheme

• Budget and key new economy sectors- Cryptocurrencies (30 per cent tax on transfer of digital assets and 1 per cent TDS on transfer of payment) and Battery Swapping Policy

Other Important Articles Covering the same topic:

📍 What Is Keynesian Economics?

📍 THE BUDGETARY PROCESS

Out of the shadow: 30% tax on crypto, RBI to issue its digital currency

Syllabus:

Preliminary Examination: Economic and Social Development

Main Examination: General Studies III: Government Budgeting, Indian Economy, and Awareness in the fields of IT

Key Points to Ponder:

• Cryptocurrencies (30 per cent tax on transfer of digital assets and 1 per cent TDS on transfer of payment)

• What is the Importance of the 30 per cent tax on transfer of digital assets? (Hint: First formal recognition by
the Government of increasingly popular financial instruments)

• Definition of “virtual digital asset” and non-fungible token given in the Budget

• What is crypto investment?

• Can crypto then be considered an asset?

• Cryptocurrency or Virtual Currency-what do you understand by this term?

• What is Bitcoin?

• What is Blockchain Technology and why it is associated with Bitcoin?

• The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021-Highlights

• What are the issues involving Cryptocurrency in mainstream financial Markets or simply market?

• Central bank digital currency (CBDC)-Meaning, Issues and Challenges

Other Important Articles Covering the same topic:

📍 Explained: Digital currencies and how they work

📍 Explained: What is the Digital Rupee announced by Sitharaman in Budget?

📍 Budget 2022 Explained: How will tax on crypto work

📍 Tax on digital assets, but cryptos see hope

Amid deep standoff between Centre and states, Budget bid to bridge divide

Syllabus:

Preliminary Examination: Economic and Social Development

Main Examination: General Studies III: Government Budgeting.

Key Points to Ponder:

• what are important Features under the ‘Scheme for Financial Assistance to States for Capital Investment’?

• PM GatiShakti National Master Plan-Major Highlights

• Prime Minister’s Development Initiative for NorthEast (PM-DevINE)-Key Highlights

• Pradhan Mantri Gram Sadak Yojana-Key Features

Other Important Articles Covering the same topic:

📍 Explained: What is Gati Shakti Master Plan that PM Modi announced on Independence Day?

📍 Rs. 15,000 CRORE OUTLAY FOR THE “SCHEME FOR FINANCIAL ASSISTANCE TO STATES FOR CAPITAL INVESTMENT” IN RE 2021-22

Divestment numbers missed, Budget dials down target

Syllabus:

Preliminary Examination: Economic and Social Development

Main Examination: General Studies III: Government Budgeting.

Key Points to Ponder:

• Shift from Privatisation and asset monetisation in previous year’s Budget to Disinvestment in current Budget-Why?

• What is Disinvestment?

• Difference between Privatisation and Disinvestment?

• Department of Investment and Public Asset Management (DIPAM), Role and under which Ministry?

• National Monetization Pipeline (NMP)-Key Proposals

Other Important Articles Covering the same topic:

📍 Explained: Asset sale targets and revenue generation

THE FISC UNION BUDGET 2022- 23

Interest rates to rise as govt borrows more to spend more

Syllabus:

Preliminary Examination: Economic and Social Development

Main Examination: General Studies III: Government Budgeting.

Key Points to Ponder:

• What do you understand by term ‘Fiscal Consolidation’ and Fiscal Deficit?

• Fiscal Responsibility and Budget Management (FRBM) Act- Key Highlights

Other Important Articles Covering the same topic:

📍 Lower subsidy bills, but silent on reform

📍 A large chunk of spending — `51,971 cr just to settle Air India debt before sale

THE MACRO UNION BUDGET 2022- 23

Betting on growth, wary of ‘disruptions’

Syllabus:

Preliminary Examination: Economic and Social Development

Main Examination: General Studies III: Government Budgeting.

Key Points to Ponder:

• What is Gross domestic product (GDP)?

• GDP-How it is Calculated? (Indian Context)

• Gross domestic product (GDP) and Gross National Product (GNP)-Key Differences

• ‘Nominal’ GDP and ‘Real’ GDP-What is the difference?

• Meaning of “Double Deflation” in the context of GDP Calculation?

Other Important Articles Covering the same topic:

📍 ECLGS extended till next fiscal, guarantee cover raised to `5L cr

📍 1-year extensions: Concessional 15% corporate tax rate for new manufacturing cos, startup sops

CAPEX PUSH 2022- 23

Surety bonds replace bank guarantees, free up capital

Syllabus:

Preliminary Examination: Economic and Social Development

Main Examination: General Studies III: Government Budgeting and Infrastructure: Energy, Ports, Roads, Airports, Railways etc.

Key Points to Ponder:

• What are Surety Bonds?

• Surety bonds to substitute for bank guarantees-Pros and Cons

• The National Infrastructure Pipeline (NIP)-Key Proposal

• Har Ghar, Nal se Jal scheme-Key Features

• Insurance Regulatory and Development Authority-Role and Mandate

Other Important Articles Covering the same topic:

📍 Budget 2022 Explained: Why FM is pushing for enhanced capex allocation

📍 Working capital crisis: Can surety bonds assure MSMEs freedom from hassle of expensive bank guarantees

NEW ECONOMY 2022- 23

In digital banking push, industry eyes rural gains

Syllabus:

Preliminary Examination: Economic and Social Development

Main Examination: General Studies III: Government Budgeting.

Key Points to Ponder:

• What is a ‘digital banking unit’?

• How Banks will benefit from Digital Banking Unit?

Other Important Articles Covering the same topic:

📍 Budget 2022: Integrating 1.5 lakh post offices with core banking a big push to digital economy, say experts

RURAL 2022- 23

Outlays for PM-Kisan and Fasal Bima schemes flat

Syllabus:

Preliminary Examination: Economic and Social Development

Main Examination: General Studies III: Government Budgeting.

Key Points to Ponder:

• PPP for farm start-ups and public-private partnership (PPP) mode for delivery of digital and hi-tech services to
farmers

• Use of ‘Kisan Drones’ for crop assessment, digitization of land records, spraying of insecticides, and nutrients

• Pradhan Mantri Kisan Samman Nidhi (PM-Kisan)-Key Highlights

• Pradhan Mantri Fasal Bima Yojana (PMFBY)-Key Highlights

• Market Intervention Scheme and Price Support Scheme (MIS-PSS)-Key Highights

• Pradhan Mantri Krishi Sinchai Yojana (PMKSY)- Per Drop More Crop

Other Important Articles Covering the same topic:

📍 In demand, but MGNREGS gets no hike

📍 Farmers cold to natural farming plan, say not viable

EXPLAINED

Five questions: The Budget big picture

Syllabus:

Preliminary Examination: Economic and Social Development

Main Examination: General Studies III: Government Budgeting.

Key Points to Ponder:

• What were the challenges facing the economy?

• standout feature of Budget 2022-23-what are they?

• How is this strategy different from what has been done by countries such as the US?

• Will the capex push in the Budget succeed?

• Is there a pattern emerging in Union Budget?

Other Important Article/Video Covering the same topic:

📍 BUDGET 2022: What the Recommendations Mean To The Economy And You

Other Important Articles to be Read in today’s Budget Special

Rs 48k cr for universal housing; focus on EWS and urban middle class

In a year, 25,000 km in highways; ropeways on public-private mode

Rs 1,400 cr to implement Ken-Betwa river linking

Fighting Covid stress, mental health strain on priority list

Combating loss in education a priority,but digital learning outlay sees a dip

For Atmanirbhar defence, quarter of research budget goes to private players

400 Vande Bharat trains lined up on tracks

New panel to prepare cities for India at 100

Get an e-paper subscription via our special offer – click here
For any queries and feedback, contact priya.shukla@indianexpress.com
The UPSC KEY Indian Express is now on Telegram. Click here to join our channel and stay updated with the latest Updates.



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Source link

For more information call us at 9891563359.
We are a group of best insurance advisors in Delhi. We are experts in LIC and have received number of awards.
If you are near Delhi or Rohini or Pitampura Contact Us Here