25 Feb 2023: UPSC Exam Comprehensive News Analysis

CNA 25 Feb 2023:- Download PDF Here

TABLE OF CONTENTS

A. GS 1 Related
B. GS 2 Related
SOCIAL JUSTICE
1. Menstrual Leave Policy in India
C. GS 3 Related
AGRICULTURE
1. Eastern Rajasthan Canal Project (ERCP)
D. GS 4 Related
E. Editorials
SCIENCE AND TECHNOLOGY
1. Cyberattacks are rising, but there is an ideal patch
ENVIRONMENT
1. Breathing the toxic air of Chandrapur
POLITY AND GOVERNANCE
1. MGNREGS: over 40% of gram panchayats do not report digital attendance
F. Prelims Facts
1. Great Backyard Bird Count
G. Tidbits
1. Simulated Crew Module
2. Municipal Bond Index
3. Financial Action Task Force
4. National Company Law Appellate Tribunal
H. UPSC Prelims Practice Questions
I. UPSC Mains Practice Questions
FIP Magazine

G. Tidbits

1. Simulated Crew Module

  • The Indian Space Research Organisation received the first simulated crew module (SCM) structure assembly for the first test flight of its human space mission – Gaganyaan.
  • It was built by Hyderabad-based private firm Manjira Machine Builders.
  • The SCM is 2.7 metres high, 3.1 metres wide and weighs 3.5 tonnes crew module based on aluminium alloy and steel.
  • According to the ISRO, the SCM is an unpressurised crew module. It simulates the shape, outer mold line and interfaces of major systems like parachute systems and pyros of the actual crewed mission configuration.
  • The SCM will be used in test rocket missions to validate crew escape systems and other subsystems.
  • Actual Crew Module is a pressurised capsule that accommodates the astronauts during the Gaganyaan mission.

2. Municipal Bond Index

  • NSE Indices Ltd., an arm of the National Stock Exchange of India (NSE), had introduced the country’s first municipal bond index.
  • The new Nifty India Municipal Bond Index will track the performance of municipal bonds issued by Indian municipal corporations across maturities and having investment grade credit rating.
  • Currently, the index has 28 municipal bonds issued by 10 issuers, all having AA credit ratings. The index constituents are assigned weights based on the outstanding amounts.
  • Raising money from capital markets incentivises municipal corporations to fund new projects and improve civic infrastructure while encouraging them to become financially disciplined and governance oriented.Β 
  • The index is computed using the total return methodology including price return and coupon return. The index has a base date of January 1, 2021, and a base value of 1,000. The index will be reviewed quarterly.

3. Financial Action Task Force

  • The Financial Action Task Force (FATF) has suspended Russia’s membership over Moscow’s invasion of Ukraine.Β 
    • The move marks the first suspension of a country from the Financial Action Task Force.
  • In a statement, it said that Russia’s actions are completely in violation of FATF core principles aiming to promote security, safety, and the integrity of the global financial system.
    • The FATF identified Russia’s involvement in the arms trade and malicious cyber-activities, as well as evasion activities.
  • The suspension comes after a campaign by Ukraine for FATF to add Russia to the FATF blacklist.Β 
    • The FATF blacklist, a list of countries where the group deems businesses and financial institutions are at high risk of exposure to money laundering and terrorist financing, currently includes three countries: North Korea, Iran and Myanmar.
  • But while Russia has now been suspended, it remains a member.
  • The suspension of Russia means Russia can no longer attend the group’s meetings both physically and virtually and can no longer access FATF documents. However,Β  Russia remains accountable for implementing FATF’s anti-money-laundering standards.
  • Russia since June 2022 has been restricted from holding any leadership or advisory roles or participating in decision-making on standard-setting, peer-review processes, and governance and membership issues.Β 
  • On February 24, FATF also added Nigeria and South Africa to its β€˜grey list’, while removing Morocco and Cambodia from the list.Β 

4. National Company Law Appellate Tribunal

  • The National Company Law Appellate Tribunal (NCLAT) stayed the insolvency proceedings initiated against media major Zee Entertainment Enterprises Ltd.
  • The matter pertains to a default of β‚Ή89 crore by Essel Group’s multisystem operator arm Siti Networks claimed by IndusInd Bank, for which Zee Entertainment was a guarantor.
  • IndusInd had approached the NCLT claiming financial debt of around β‚Ή92 crore. However, this was challenged by Zee Entertainment by filing another appeal against the maintainability of the petition by the bank.

Read more on the Insolvency and Bankruptcy Code

H. UPSC Prelims Practice Questions

Q1. Consider the following statements: (Level-Difficult)
  1. Orangutans are the largest arboreal mammal.
  2. They are native to the rainforests of Indonesia and Malaysia.
  3. All three orangutan species are considered critically endangered.

Which of the statements given above 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: d

Explanation:

  • Statement 01 is correct, Β Orangutans are the largest arboreal mammal, spending most of their time in trees.
  • Statement 02 is correct, Orangutans are native to the rainforests of Indonesia and Malaysia. They are now found only in parts of Borneo and Sumatra, but during the Pleistocene, they ranged throughout Southeast Asia and South China.
  • Statement 03 is correct, There are three species of orangutan – the Bornean orangutan, the Sumatran orangutan and the Tapanuli orangutan.The conservation status of all three of these species is critically endangered, according to the International Union for Conservation of Nature (IUCN) Red List.
Q2. Kerala Government has set up an expert committee chaired by Justice Thottathil B 
Radhakrishnan to (Level-Difficult)
  1. assess at first hand the Eco-Sensitive Zones (ESZs) or buffer zones in Kerala
  2. study about Kerala’s SilverLine rail project
  3. understand the role of Public Sector Undertakings (PSUs) in the development of the economy
  4. monitor pollution of rivers in Kerala
CHECK ANSWERS:-

Answer: a

Explanation: Former Chief Justice of the Calcutta High Court Thottathil B. Radhakrishnan will chair an expert committee formed by the Kerala government to conduct field studies and record details of houses, commercial establishments and other structures that exist in the 1 km buffer zones that surround wildlife sanctuaries and national parks.

Q3. 'Sabang Port', often seen in the news, is part of which country? (Level-Difficult)
  1. Japan
  2. Indonesia
  3. Myanmar
  4. PhilippinesΒ 
CHECK ANSWERS:-

Answer: b

Explanation:

  • Sabang city in Aceh province, Indonesia consists of Weh Island and several smaller islands off the northern tip of Sumatra.Β 
  • Sabang port is located 710 km southeast of the Andaman Islands and less than 500 km from the entrance of the Malacca Strait, through which over 40% of India’s trade passes. The Malacca Strait is considered one of six choke points, or narrow channels, along widely used global sea routes.
Q4. Which of the following statements is/are correct with respect to 'Dekho Apna 
Desh' scheme? (Level-Medium)
  1. It is a tourism campaign intended to boost domestic travel in India.
  2. It was launched by the Union Ministry of Culture.
  3. The scheme is intended to offer financial help to tourists travelling to different parts of India.

Options:

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

Answer: c

Explanation:

  • Statement 01 is correct, The scheme aims to promote tourism and encourage people to explore the rich cultural heritage and diversity of India.Β 
  • Statement 02 is incorrect, It was launched by the Union Ministry of Tourism.
  • Statement 03 is correct, The scheme is intended to offer financial help to tourists travelling to different parts of India. The government has set aside a substantial budget for the implementation of this scheme, which will be used to promote travel and build tourist infrastructure around the nation.
Q5. What was the purpose of Operation Sukoon launched by the Government of India?
(PYQ-CSE-2007) (Level-Difficult)
  1. Helping Indonesia in its efforts to rehabilitate the victims of earthquake in that country
  2. Evacuating the Indian Nationals from Lebanon during the conflict in the Middle East
  3. Assisting United Nations in its efforts to help the civil war victims in the Darfur region of North Africa
  4. Providing a relief package to farmers after a spate of suicides by other farmers in Andhra Pradesh
CHECK ANSWERS:-

Answer: b

Explanation: Operation Sukoon was an operation launched by the Indian Navy to evacuate Indian, Sri Lankan and Nepalese nationals, as well as Lebanese nationals with Indian spouses, from the conflict zone during the 2006 Lebanon War.

Read the previous CNA here.

CNA 25 Feb 2023:- Download PDF Here

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