20 Jan 2023: UPSC Exam Comprehensive News Analysis

CNA 20 Jan 2023:- Download PDF Here

TABLE OF CONTENTS

A. GS 1 Related
INDIAN SOCIETY
1. Women officers in command soon
B. GS 2 Related
C. GS 3 Related
D. GS 4 Related
E. Editorials
GOVERNANCE
1. Free Speech and Censorship
SOCIAL JUSTICE
1. Working of POCSO Act
2. Annual Status of Education Report 2022
F. Prelims Facts
1. National Export Co-operative Society to trade to trade nano fertilizers and 
dairy products
G. Tidbits
1. SC rejects Google’s plea against NCLAT order in Android case
2. β€˜UAE, India discuss rupee non-oil trade’
H. UPSC Prelims Practice Questions
I. UPSC Mains Practice Questions
FIP Magazine

G. Tidbits

1. SC rejects Google’s plea against NCLAT order in Android case

  • The Supreme Court has upheld a National Company Law Appellate Tribunal (NCLAT) order which had refused interim relief to Google against a Competition Commission of India (CCI) directive to pay a penalty of β‚Ή1,337.76 crore for β€œabuse of dominance” in the Android ecosystem.
  • Google had moved to the Supreme Court after NCLAT refused to grant any interim stay.Β  Google had sought a stay on the CCI order.
  • The CCI had quantified the penalty levied on Google at the rate of 10% of its average turnover for financial years 2018-19, 2019-2020 and 2020-21.

For more information on the issue, refer to the following article:

UPSC Exam Comprehensive News Analysis dated 21 Oct 2022

2. β€˜UAE, India discuss rupee non-oil trade’

  • The United Arab Emirates and India have held discussions to trade non-oil commodities in Indian rupees.
  • The U.A.E. had signed a broad ranging Free Trade Agreement (FTA) with India, and India along with China, is among the biggest trade partners for Gulf Arab oil and gas producers but most of the currencies of Gulf countries are pegged to the U.S. dollar.
  • A significant proportion of Gulf trade is conducted in U.S. dollars but countries like India and China are seeking to trade in local currencies for various reasons such as lowering transaction costs.
  • The UAE’s trade deal with India, against the backdrop of the World Economic Forum in Davos, aims to increase bilateral non-oil trade to $100 billion in the next five years.

Read more about – India-UAE major trade pact

H. UPSC Prelims Practice Questions

Q1. Which of the statements are correct? (Level – Moderate)
  1. The International North-South Corridor is developed to connect the Southern Hemisphere with the Northern Hemisphere, via Africa to Russia.
  2. It is a multi-modal transportation route.

Options:

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2
CHECK ANSWERS:-

Answer: b

Explanation:

  • Statement 1 is not correct, International North-South Transport Corridor (INSTC)Β  is a corridor to increase trade between India and Russia.
    • The earlier trade route connecting India and Russia was through the Suez Canal.Β 
    • Hence the major objective of the INSTC corridor is to reduce the time taken, costs incurred, and increase connectivity between major cities like Mumbai, Moscow, Astrakhan(located in Russia), Baku (Azerbaijan), Tehran, Bandar Abbas and Bandar Anzail (Iran).
  • Statement 2 is correct, INSTC trade route is 7200 Km long and the transport of freight is through a multi-mode network of roads, ships, and railways. This route connects India and Russia through Iran and Azerbaijan.
Q2. Which of the statements are correct regarding the PRASHAD Scheme?(Level–Moderate)
  1. The scheme is under the aegis of the Ministry of Tourism.
  2. It aims to develop identified pilgrimage locations.
  3. The scheme allows for PPP and CSR funds for Heritage development.

Options:

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

Answer: d

Explanation:

  • Statement 1 is correct, The β€œNational Mission on Pilgrimage Rejuvenation And Spiritual Augmentation Drive” or the PRASAD scheme was launched by the Ministry of Tourism in the year 2014-2015.
  • Statement 2 is correct, The key objective of the scheme is to focus on identifying and developing pilgrimage sites across India in an integrated manner for enriching the religious tourism experience.
  • Statement 3 is correct, Under the Scheme, the Central Government provides 100% funds and for the improvement in the sustainability of the project the scheme seeks to involve Corporate Social Responsibility (CSR) and the Public-Private Partnership (PPP) as well.
Q3. Which of the following statements is/are true? (Level – Easy)
  1. The Indian Army now allows women in frontline combat roles.
  2. The Indian Army grants women Permanent Commission.

Options:

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2
CHECK ANSWERS:-

Answer: b

Explanation:

  • Statement 1 is not correct, The Supreme Court in its judgement has upheld an earlier judgement that granted permanent commission and command postings to women officers in all arms and services other than combat.
  • Statement 2 is correct, Following a judgment by the Supreme Court, the Army now grants Permanent Commission (PC) to women officers on a par with their male counterparts.
Q4. Which of the statements are true regarding the FAME Scheme? (Level – Moderate)
  1. It aims to improve the penetration of EVs in the Indian Automobile market.
  2. It has been implemented in three phases.
  3. It emphasizes the development of EV charging stations in the country.
  4. Phase 1 focused on 4-wheel public transport, while phase 2 focusses on 4-wheel private vehicles.

Options:

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

Answer: a

Explanation:

  • Statement 1 is correct, Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME), is a scheme launched by the Government of India to give a boost to development of Electric Vehicles.Β 
  • Statement 2 is not correct, FAME India Scheme operates in two phases:
    • Phase I (2015 to 2019)Β 
    • Phase II of FAME (2019 to 2022)
  • Statement 3 is correct, The scheme also emphasizes the development of EV charging stations in the country.
    • Under Phase II, Rs 1,000 crores was set aside for setting up charging stations for electric vehicles.
  • Statement 4 is not correct, The focus areas of the first phase of FAME scheme were Demand Creation, Technology Platform, Pilot Project and Charging Infrastructure.
    • The second phase of FAME India Scheme stresses on electrification of public transportation and shared transportation.Β 
Q5. Which of the following is issued by registered foreign portfolio investors to 
overseas investors who want to be part of Indian stock market without registering 
themselves directly? Β (Level – Easy) PYQ 2019
  1. Certificate of Deposits
  2. Commercial Paper
  3. Promissory Note
  4. Participatory Note
CHECK ANSWERS:-

Answer: d

Explanation:

  • Participatory notes also referred to as P-Notes, or PNs, are financial instruments required by investors or hedge funds to invest in Indian securities without having to register with the Securities and Exchange Board of India (SEBI).

Read the previous CNA here.

CNA 20 Jan 2023:- Download PDF Here

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