05 Apr 2021: UPSC Exam Comprehensive News Analysis

CNA 5th April 2021:- Download PDF Here

TABLE OF CONTENTS

A. GS 1 Related
B. GS 2 Related
POLITY AND GOVERNANCE
1. ₹25,586 crore paid out under loan scheme
C. GS 3 Related
DISASTER MANAGEMENT
1. Over 41 dead in Indonesia flash floods
DEFENCE
1. Another batch of Rafale jets to fly in by mid-May
D. GS 4 Related
E. Editorials
GOVERNANCE
1. A good start
2. The Kerala Model at the crossroads
INTERNATIONAL RELATIONS
1. A walk-back
SOCIAL ISSUES
1. A road map for tolerance
F. Prelims Facts
1. NASA’s chopper dropped on Mars’ surface
G. Tidbits
1. Philippines accuses China of plans to occupy more areas
2. PSU banks may have to take ₹2,000 crore hit
3. Gender Disparity Deepens
H. UPSC Prelims Practice Questions
I. UPSC Mains Practice Questions

Category: DEFENCE

1. Another batch of Rafale jets to fly in by mid-May

Context:

India will receive another 8 to 9 Rafale jets from France by mid-May 2021 completing the first squadron of the fighters in the Indian Air Force (IAF).

Read more on Rafale Fighter Jets.

Also read 15th October 2019 Comprehensive News Analysis.

G. Tidbits

1. Philippines accuses China of plans to occupy more areas

What’s in News?

The Philippines’ Defence Secretary said that China was looking to occupy more areas in the South China Sea, citing the continued presence of Chinese vessels that it believes are manned by militias in disputed parts of the strategic waterway.

Read more on this issue covered in 22nd March 2021 Comprehensive News Analysis.

2. PSU banks may have to take ₹2,000 crore hit

What’s in News?

The public sector banks may have to bear a burden of ₹1,800 crore-₹2,000 crore arising out of a recent Supreme Court judgment on the waiver of compound interest on all loan accounts which opted for a moratorium during March-August 2020.

  • The judgment covers loans above ₹2 crore as loans below this got blanket interest on interest waiver in November 2020.
  • The compound interest support scheme for loan moratorium cost the government ₹5,500 crore during 2020-21 and the scheme covered all borrowers, including the prompt ones who did not opt for the moratorium.
  • Also, the RBI had announced a moratorium on payment of instalments of term loans falling due between March 1 and May 31, 2020. It was later extended to August 31, 2020.
  • Banks would provide compound interest waiver for the period a borrower had availed the moratorium.

3. Gender Disparity Deepens

  • India fell 28 spots to the 140th position in the World Economic Forum’s Global Gender Gap Report 2021.
  • India’s score is at 0.625, implying that India has achieved 62.5% gender parity.
  • Among the dimensions considered, India had its lowest ranking in terms of health and survival.

India's overall score in Global Gender Gap report Graph

India ranking vis-a-vis other countries in Global Gender Gap Rank

H. UPSC Prelims Practice Questions

Q1. Consider the following statements with respect to Rashtriya Arogya Nidhi (RAN):
  1.  The scheme provides financial assistance to poor patients living below poverty line and suffering from life-threatening diseases relating to heart, kidney, liver, etc. for their treatment at government hospitals.
  2. Financial assistance to such patients is provided only through the Direct Benefit Transfer (DBT) mechanism and no other means.
  3. It is a central sector scheme.

Which of the given statement/s is/are INCORRECT?

  1. 2 and 3 only
  2. 1 and 2 only
  3. 2 only
  4. 3 only
CHECK ANSWERS:-

Answer: a

Explanation:

  • The scheme provides financial assistance to poor patients living below poverty line and suffering from life-threatening diseases relating to heart, kidney, liver, etc. for their treatment at government hospitals.
  • It is a Centrally Sponsored Scheme.
  • The financial assistance to such patients is released in the form of a ‘one-time grant’, which is released to the Medical Superintendent of the Hospital in which the treatment has been/is being received.
Q2. The Global Gender Gap Report is published by:
  1. World Economic Forum
  2. Welthungerhilfe and Concern Worldwide
  3. United Nations Development Programme (UNDP)
  4. International Monetary Fund
CHECK ANSWERS:-

Answer: a

Explanation:

Global Gender Gap Report is published by the World Economic Forum.

Q3. Consider the following statements with respect to Stand-Up India Scheme:
  1.  People belonging to the scheduled caste or scheduled tribe or women are eligible to avail loans under the scheme.
  2. Under the scheme, an amount ranging from Rs 10 lakhs to Rs.1 crore is provided as a loan, inclusive of working capital for setting up a new enterprise.
  3. Loans under the scheme are available for only greenfield projects.

Which of the given statement/s is/are correct?

  1. 1 and 2 only
  2. 2 and 3 only
  3. 1, 2 and 3
  4. 1 only
CHECK ANSWERS:-

Answer: c

Explanation:

  • Stand up India scheme was launched in April 2016, encouraging people from the scheduled caste and scheduled tribes and women across the country to become entrepreneurs by loaning them a sum of money to start a business.
  • Under the scheme, an amount ranging from Rs 10 lakhs to Rs.1 crore is provided as a loan, inclusive of working capital for setting up a new enterprise.
  • Loans under the scheme are available for only greenfield projects. Greenfield signifies, in this context, the first time venture of the beneficiary in the manufacturing or services or trading sector.
  • People belonging to the scheduled caste or scheduled tribe or women are eligible to avail loans under the scheme.
Q4. Consider the following statements with respect to Central Board of Direct Taxes (CBDT):
  1. It is a statutory authority functioning under the Central Board of Revenue Act, 1963.
  2. All its members except for the chairman are selected from the Indian Revenue Service (IRS).
  3. It is administered by the Department of Revenue under the Ministry of Finance.

Which of the given statement/s is/are correct?

  1. 1 and 2 only
  2. 2 and 3 only
  3. 1 and 3 only
  4. 1, 2 and 3
CHECK ANSWERS:-

Answer: c

Explanation:

  • The Central Board of Direct Taxes (CBDT) is the authority vested with the responsibility of the administration of laws related to direct taxes through the Department of Income Tax.
  • It is a statutory authority functioning under the Central Board of Revenue Act, 1963.
  • All its members including the chairman are selected from the Indian Revenue Service (IRS).
  • It is administered by the Department of Revenue under the Ministry of Finance.

I. UPSC Mains Practice Questions

  1. The National Policy on Rare Diseases, 2021, though a good start, falls short of the expectations. Comment. (10 marks, 150 words) (GS Paper 2/Governance)
  2. Current forms of racism and discrimination are complex and often covert. Elucidate. Also suggest necessary measures to combat these new manifestations of racism and discrimination. (10 marks, 150 words) (GS paper 1/Social issues)

Read the previous CNA here.

CNA 5th April 2021:- Download PDF Here

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