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ARTICLES

ARTICLES

ARTICLES

Q Why is it in News ?A Late last week, India abstained from a United Nations Security Council (UNSC) resolution which called for condemning the Russian military action against Ukraine.Q What is  India’s position on the Ukraine issue ?A New Delhi has taken a subtle pro-Moscow position on the question of Russian attacks against Ukraine.A geopolitical necessity: India’s Russia tilt should be seen not just as a product of its time-tested friendship with Moscow but also as a geopolitical necessity. Read More...

  Mar 28, 2022   International Relations

Q What is the context  ?A With the Russia-Ukraine conflict flaring into a war, global commodity prices, especially that of crude oil and gas, are likely to see a strong surge. This poses a challenge not only for India to contain inflationary pressures but also the world at large.Q What is the problem of rising inflation ?A At 6 per cent, India’s consumer price index (CPI) inflation crossed the upper limit of RBI’s tolerance band in January 2022.Implications: High inflation inflicts a large “inflation tax” on the ge... Read More...

  Mar 28, 2022   International Relations

Q Why is it in News ?A Alongside the missiles and bombs slamming down in Ukraine, the country has also been hit by a wave of cyber-attacks targeting critical infrastructure companies.Q What is Cyberwarfare?A Cyberwarfare has emerged as a new form of retaliation or passive aggression deployed by nations that do not want to go to actual war but want to send a tough message to their opponents.In June 2020, security experts from Cyfirma uncovered a conspiracy by Gothic Panda and Stone Panda, two China-based hacker groups, to target media and critical infra companies in India. Read More...

  Mar 27, 2022   International Relations

Q What is the context  ?A The U.S., Europe and several other western nations are moving to exclude Russia from SWIFT, an international network for banks worldwide to facilitate smooth money transactions globally.Q What is SWIFT?A SWIFT is an international network for banks worldwide to facilitate smooth money transactions globally.It is basically a messaging network used by banks and financial institutions globally for quick and faultless exchange of information pertaining to financial transactions.The Belgium-headquartered SWIFT connects more than 11,000 bankin... Read More...

  Mar 27, 2022   International Relations

Q Why is it in News ?A Model laws on asylum and refugees that were drafted by the National Human Rights Commission (NHRC) decades ago but not implemented by the government could be revised by an expert committee.India is not having a specific law for refugees and asylum-seekers.Though India has not signed the United Nations Refugee Convention, 1951, the refugees and asylum seekers were entitled to the rights in Articles 14, 20 and 21 of the Constitution.Q What is UN Refugee Convention, 1951 ?A The 1951 Convention Relating to the Status of Refugees was the fi... Read More...

  Mar 27, 2022   Economy

Q What is the context  ?A The amendment to Section 24 of the LIC Act, brought prior to commencing the IPO, segregated the previously single ‘Life Fund’ into the participatory and non-participatory fund.Q What are Participatory and Non-Participatory Funds?A Under a participatory policy, a policyholder can get a share of the profits of the company.This is received as a bonus. Examples of such products offered by LIC include  Jeevan Labh and  Bachat Plus.No such sharing of profits happens under non-participatory products, which... Read More...

  Mar 26, 2022   Economy

Q Why is it in News ?A The Supreme Court has said that the Centre’s hyperbole on the One Rank One Pension (OROP) policy presented a much “rosier picture” than what is actually given to the pensioners of the armed forces.Q What is OROP Policy?A OROP means the same pension, for the same rank, for the same length of service, irrespective of the date of retirement.The concept was provoked by the then decision by Indira Gandhi-led government, in 1973, two years after the historic victory in the 1971 Bangladesh war.Q How did the issue escalate? Read More...

  Mar 25, 2022   Economy

Q Why is it in News ?A The Union government has filed a draft document with the stock market regulator for selling 5% of its shares in the Life Insurance Corporation (LIC) of India.Q What are details of the IPO ?A The IPO is a 100% OFS [offer for sale] by the Government of India and entails no fresh issue of shares by LIC.6 Crore shares are on offer representing 5% of the government’s equity in the firm.As much as 10% of the offer could be reserved for LIC policyholders, as per the regulatory filing, and another 5% of the shares may be reserved for employees. Read More...

  Mar 25, 2022   Economy

Main Examination PatternInstructionsAnswer all FIVE of the following questions.Time: 1 HourEach answer should be within 250 words.Please email your answer sheet on sriramsiasteam@gmail.com. Please mention your name, batch and Test Paper name in Subject line.Q1. The resistance to the colonial rule in India was as old as the rule itself. Comment. Q2. Mahatma Gandhi was born in India but was made in South Africa. Elaborate. Q3.... Read More...

  Mar 27, 2022  

Q What is the context  ?A The Reliance has launched a joint venture (JV) with European satellite-based broadband service company SES to enter the satellite internet space.Q What is Satellite Internet?A The technology beams the internet down from a satellite that’s orbiting the Earth.Jio, Bharti Airtel Ltd’s OneWeb, and billionaire Elon Musk’s Starlink want to send thousands of these satellites to orbit.OneWeb plans to launch 648 satellites, while Musk’s Starlink has permits to launch over 4,000 of them.So far, OneWeb has launched over 400 satell... Read More...

  Mar 24, 2022   Science and Technology

Q What is the context  ?A Finance Secretary has accused rating agencies of “double standards” when assessing emerging markets and developing economies.Fitch, a rating agency, has termed India as the most indebted emerging market.It claimed that the latest budget did not provide clarity on fiscal consolidation plans. Q What is a Rating Agency? ARating agencies assess the creditworthiness or potential of an equity, debt or country.Their reports are read by investors to make an informed decision on whether or not to invest in a particular... Read More...

  Mar 24, 2022   Economy

Q What are Artificial Neural Networks (ANN)?AThe concept behind an Artificial Neural Networks (ANN) is to define inputs and outputs, feed pieces of inputs to computer programs that function like neurons and make inferences or calculations.It then forwards those results to another layer of computer programs and so on, until a result is obtained.As part of this neural network, a difference between intended output and input is computed at each layer and this difference is used to tune the parameters to each program.This method is called back-propagation and is an essential component to the Neural Network. Read More...

  Mar 23, 2022   Science and Technology

Q What is the context  ?A After a disappointing 2021 which saw just one successful launch, ISRO is getting back to business with the EOS-04, an earth observation satellite.Q What are EOS?A An EOS or Earth remote sensing satellite is a satellite used or designed for Earth observation (EO) from orbit.It includes spy satellites and similar ones intended for non-military uses such as environmental monitoring, meteorology, cartography, and others.The most common type is Earth-imaging satellites that take satellite images, analogous to aerial photographs.Some... Read More...

  Mar 23, 2022   Bio-diversity, Environment

Q Why is it in News ?A Scientists in the United Kingdom have achieved a new milestone in producing nuclear fusion energy or imitating the way energy is produced in the Sun. The record and scientific data from these crucial experiments are a major boost for ITER.Q What is ITER Project ?A ITER is international nuclear fusion research and engineering megaproject, which will be the world’s largest magnetic confinement plasma physics experiment.The goal of ITER is to demonstrate the scientific and technological feasibility of fusion energy for peaceful use.P... Read More...

  Mar 22, 2022   Bio-diversity, Environment

Q Why is it in News ?A India runs the risk of being excluded from a proposal it co-authored at the World Trade Organization (WTO) negotiations, in 2020, to “temporarily waive” intellectual property rights (IPR) held, by primarily Western countries, on vaccines, therapeutics, and diagnostics for COVID-19.Q What is the case?A India and China are two major global suppliers of medicine.A small group of WTO members was discussing suggestions to exclude drug manufacturers in India and China from prospective waivers to IPR obligations.IPR obligations are a result of the... Read More...

  Mar 22, 2022   Current Affairs

Q Why is it in News ?A Every election season, we find television channels flooded with opinion polls and subsequently exit polls after the casting of votes.Q What are Opinion Polls?A Opinion polls are similar to surveys or an inquiry designed to gauge public opinion about a specific issue or a series of issues in a scientific and unbiased manner.This term has got wide recognition for assessing outcomes of elections in India.In most democracies, opinion and exit polls are common during elections.In India, the ECI allows the dissemination of the exit poll resu... Read More...

  Mar 21, 2022   Polity

Q What is the context  ?A Finance Minister in her Budget 2022 announced a 30 per cent tax on income from virtual digital assets (particularly aiming at Cryptocurrencies).Q What are Virtual Digital Assets?A To define the term “virtual digital asset”, a new clause (47A) is proposed to be inserted into section 2 of the Act.A virtual digital asset is proposed to mean any information or code or number or token (not being Indian currency or any foreign currency):Generated through cryptographic means or otherwiseProviding a digital representation ... Read More...

  Mar 21, 2022   Economy

Q Why is it in News ?A Spacex’s newest fleet of satellites is tumbling out of orbit after being struck by a solar storm.Q What is Solar Storm ?A A solar storm or a Coronal Mass Ejection as astronomers call it is an ejection of highly magnetized particles from the sun.These particles can travel several million km per hour and can take about 13 hours to five days to reach Earth.Earth’s atmosphere protects us, humans, from these particles.But the particles can interact with our Earth’s magnetic field, induce strong electric currents on the surface and aff... Read More...

  Mar 20, 2022   Bio-diversity, Environment

Q What is the context  ?A The Union Finance Minister has announced the launch of the Digital Rupee — a central bank digital currency (CBDC) — 2022-23 onwards.Q Who will launch the central bank digital currency (CBDC)?A The Reserve Bank of India will launch the CBDC in the upcoming financial year.This follows the government’s plans to launch the CBDC that will be backed by blockchain technology.Q What is a CBDC?A CBDC is a legal tender issued by a central bank in a digital form.It is sim... Read More...

  Mar 20, 2022   Economy

Q Why is it in News ?A The Supreme Court has decided to examine a habeas corpus plea made by the children of a Pakistan national who they believe has been unlawfully detained for seven years.Q What is Habeas Corpus?A Habeas corpus is a recourse in law through which a person can report an unlawful detention or imprisonment to a court.He/she can request that the court order the custodian of the person, usually a prison official, to bring the prisoner to court, to determine whether the detention is lawful.In India the power to issue a writ of habeas corpus is vested onl... Read More...

  Mar 19, 2022   Polity