CNA 07 June 2022:- Download PDF Here
TABLE OF CONTENTS
A. GS 1 Related B. GS 2 Related POLITY AND GOVERNANCE 1. The debates around the Surrogacy Act 2. The provisions of the withdrawn draft on social media regulations C. GS 3 Related D. GS 4 Related E. Editorials POLITY AND GOVERNANCE 1. Taking steps to ensure sex workers’ rights INTERNATIONAL RELATIONS 1. A silver moment to propel a Bay of Bengal dream EDUCATION 1. The need for digital cooperation F. Prelims Facts 1. Strategic missile Agni-4 successfully test-fired G. Tidbits 1. ‘Policy certainty, transparency critical for asset monetisation’ 2. Bad bank to kick off NPA takeover in July: FinMin H. UPSC Prelims Practice Questions I. UPSC Mains Practice Questions
A. GS 1 Related
Nothing here for today!!!
B. GS 2 Related
Category: POLITY AND GOVERNANCE
1. The debates around the Surrogacy Act
Syllabus: Government policies and interventions for development in various sectors and issues arising out of their design and implementation.
Prelims: About Surrogacy Act
Mains: Critical analysis of the Surrogacy Act
Context: Petitioners in the Delhi High Court questioned why marital status, age, or gender were the criteria for being allowed to commission or not commission surrogacy in India.
Surrogacy:
- ‘Surrogacy’ is defined as a practice where a woman undertakes to give birth to a child for another couple and agrees to hand over the child to them after birth.
- It allows ‘altruistic surrogacy’ — wherein only the medical expenses and insurance coverage are provided by the couple to the surrogate mother during pregnancy. No other monetary consideration will be permitted.
What is the Surrogacy Act?
- The Surrogacy (Regulation) Bill was introduced in Parliament in November 2016 and passed in the winter session of Parliament in 2021.
- The Act sought to regulate surrogacy, part of a rather flourishing infertility industry in the country.
- Know more about the Surrogacy Regulation Bill.
Need for a Surrogacy Act in India:
- India has emerged as a hub for infertility treatment, attracting people from the world over with its state of the art technology and competitive prices to treat infertility.
- Due to prevailing socio-economic inequities, underprivileged women found an option to ‘rent their wombs’ and thereby make money to take care of their expenses — often to facilitate a wedding, enable children to get an education, or to provide for hospitalization or surgery for someone in the family.
- Once the information about the availability of such wombs got out, the demand also picked up.
- Unscrupulous middlemen inveigled themselves into the scene and exploitation of these women began.
- Several instances began to emerge where women, in often desperate straits, started lodging police complaints after they did not receive the promised sum.
- For instance, in 2008 a Japanese couple began the process with a surrogate mother in Gujarat, but before the child was born they split with both of them refusing to take the child.
- In 2012, an Australian couple commissioned a surrogate mother and arbitrarily chose one of the twins that were born.
Conditions with respect to surrogate mothers:
- Conditions for Intending Couples: Any couple that has ‘proven infertility’ are candidates. The ‘intending couple’ as the Act calls them, will be eligible if they have a ‘certificate of essentiality’ and a ‘certificate of eligibility’ issued by the appropriate authority. The former will be issued if the couple fulfils three conditions:
- One, a certificate of infertility of one or both from a district medical board;
- Two, an order of parentage and custody of the surrogate child passed by a Magistrate’s court;
- Thirdly, insurance cover for the surrogate mother.
- Eligibility Certificate: An eligibility certificate mandates that the couple fulfil the following conditions:
- They should be Indian citizens who have been married for at least five years;
- The female must be between 23 to 50 years and the male, 26 to 55 years;
- They cannot have any surviving children (biological, adopted or surrogate).
- Surrogate Mother:
- Only a close relative of the couple can be a surrogate mother, one who is able to provide a medical fitness certificate.
- She should have been married, with a child of her own, and must be between 25 and 35 years, but can be a surrogate mother only once.
Controversies behind the Act
- Even at the Bill stage, while there was a general murmur of appreciation and some strident approval from infertility experts, there was some apprehension about the overly restrictive regulations.
- Representations from these groups emerged even as Health Minister J.P. Nadda introduced the Bill in the House.
- Others, primarily those involved in organ transplantation, pointed out how despite a similar, stringent law, organ commerce continues to thrive in the country.
- Brokers continue to operate, though with less temper and more covertly, sometimes with hospital authorities, to pull wool over the eyes of the appropriate authority and law enforcement officials.
- Clearly the issue will have to be handled with a stern visage, even as sensitivities of people are factored in.
2. The provisions of the withdrawn draft on social media regulations
Syllabus: Government policies and interventions for development in various sectors and issues arising out of their design and implementation.
Prelims: Information Technology Rules, 2021
Mains: Critical analysis of Information Technology Rules, 2021
Context: Recently, the Ministry of Electronics and Information Technology (MeitY) put out a draft proposal, seeking comments from the general public on a set of proposed amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021.
What are the Information Technology Rules, 2021?
- The IT Rules (2021) mandate social media platforms to exercise greater diligence with respect to the content on their platforms.
- They are required to establish a grievance redressal mechanism and remove unlawful and unfitting content within stipulated time frames.
- The grievance officer of the platform’s redressal mechanism is responsible for receiving and resolving complaints of the users.
- Content portraying an individual in full or partial nudity, in a sexual act or impersonating some other individual in the act (using morphed photos) is required to be removed within 24 hours of receiving the complaint. Its access and spread by any other means on the platform should also be disabled.
- Know more about the Information Technology Rules, 2021.
What changes were proposed in the withdrawn draft?
- The draft proposed an additional level of oversight, namely, the ‘Grievance Appellate Committee’, functioning over and above the intermediary’s grievance redressal officer.
- In case a user is not satisfied with the resolution provided by the intermediary, she/he can appeal against the decision at the appellate level rather than going directly to court.
- However, this did not take away the user’s right to appeal in any other court.
- The draft stipulated that all orders of this appellate must be complied with.
- Additionally, the draft put forth the obligation that all social media intermediaries resolve all complaints within 72 hours of reporting.
- Further, a sub-clause suggested the appellate court dispose of such cases within thirty days furthering the probability of hasty decisions.
Legal Challenges:
- Both Bombay and Madras High Courts stayed the imposition of sub-clauses 1 and 3 of Rule 9 of the legislative guidelines in August and September of the previous year, respectively. The two sub-clauses dealt with the ‘Code of Ethics’ for online publishers dealing with news and current affairs content and/or curated content.
- The sub-clauses had stated that the entities subscribed to a three-tier mechanism in dealing with grievances (relevant to their platform) so as to adhere to their code.
- This entails self-regulation by the publishers (level I), by self-regulating bodies of the publishers (level II) and finally, an oversight mechanism by the Central Govt (level III).
C. GS 3 Related
Nothing here for today!
D. GS 4 Related
Nothing here for today!!!
E. Editorials
Category: POLITY AND GOVERNANCE
1. Taking steps to ensure sex workers’ rights
Syllabus: Government policies and interventions for development in various sectors and issues arising out of their design and implementation.
Mains: Discuss the right to dignity in India.
Context:
The bench of the Supreme Court issued directions in Budhadev Karmaskar v. State of West Bengal and Ors., a case pertaining to the brutal murder of a sex worker in 1999. The article discusses the recommendations in detail.
Background:
- In 1999, a sex worker had been brutally murdered for refusing to have sexual intercourse with the appellant.
- It led the courts to not only convict him for the act that he had committed but also to consider the bigger picture of the plight of sex workers, prostitutes, and the forced victims of the sex trade in society.
- The apex court passed the landmark judgment for the protection of sex workers’ lives by giving a wide interpretation of Article 21 of the Indian Constitution and stabilizing the Right to Dignity of Life being accessible to them and their off-springs as well, which also led to the Supreme Court to contemplate on the regulation of prostitution under Indian jurisdiction.
Recommendations by the Supreme Court of India:
- The Panel of the apex court of India has provided 10 recommendations to ensure the rights of sex workers.
- The centre has expressed its objections regarding some of the recommendations and the centre has to provide a response before the next hearing of the court.
- The six recommendations that the Supreme Court has directed the government to implement are as follows:
- Sensitization: It has been noticed that the attitude of the police to sex workers is often brutal and violent. It is as if they are a class whose rights are not recognized, hence, there is a need for sensitization.
- Identities should not be revealed: The court said the media should take utmost care to not reveal the identities of sex workers, during arrest, raid, and rescue operations, whether as victims or accused, and not publish or telecast any photo that would result in disclosure of such identities.
- Medical assistance: Immediate medical assistance should be provided to the sex workers who are victims of sexual assault.
- Health measures as evidence: The bench also made it clear that the use of any health measures (contraceptives) should not be construed by the police as evidence of offense by sex workers.
- Educate sex workers: The bench recommended that the central and the state governments should provide education to sex workers about their rights and the legality of sex work as well.
- Release sex workers: The panel recommended that the adult workers who were kept in ITPA against their will should be released.
Objections by the Central Government:
There are four recommendations on which the central government has expressed the reservations. They are discussed below:
- Criminal actions against sex workers:
- Sex workers are entitled to equal protection from the law. Criminal law must apply equally in all cases, on the basis of ‘age’ and ‘consent’. When it is clear that the sex worker is an adult and is participating with consent, the police must refrain from interfering or taking any criminal action.
- It implies that being a sex worker voluntarily is not an offense until any assault is reported by the sex worker and the words ‘abuse’ and ‘prostitution’ also have different meanings.
- Hence, it requires an appropriate definition of ‘abuse of persons’ and ‘sexual exploitation’ so that the enforcing agencies do not misuse the terms.
- Only running a brothel is unlawful:
- It also stated that the sex workers should not be arrested, penalized, harassed, or victimized in raids on brothels since voluntary sex work is not illegal and only running the brothel is unlawful.
- The brothel is used to imply a place that is used for the purposes of sexual exploitation or abuse for the gain of two or more sex workers.
- There should be a policy or act to decide whether two or more sex workers living together for mutual gain are criminalized or not.
- Children of sex workers should not be separated from their mothers:
- The Court also ordered that the child of a sex worker should not be separated from the mother merely on the ground that she is in the sex trade.
- If a minor is found living in a brothel or with sex workers, it should not be presumed that the child was trafficked.
- The Supreme Court has not mandated any separation of the child from the mother, it presumes trafficking.
- The judge has recommended the rescue of a child from the brothel and he or she should be sent to any child care under the Juvenile Justice Act.
- Hence, this recommendation should be considered to ensure child welfare.
- Representatives:
- According to the fourth recommendation, the sex workers or their representatives should be involved in the decision-making or in the drafting of reforms.
- This will ensure faster and more effective rehabilitation of the sex workers by active enforcement.
Way Forward:
- According to the ITPA Act, carrying out sex work outside the notified areas such as religious places, hospitals, educational institutions, etc. is not punishable. The ITPA Act also defines prostitution as the sexual exploitation or abuse of persons for commercial purposes. How this act is then allowed anywhere?
- Hence there should be a proper demarcation between prostitution and the work of sex workers.
- The government should ban prostitution and allow voluntary sex work with certain conditions.
- The directions by the Supreme Court should be used as an opportunity to improve the conditions of the sex workers and also bring clarity regarding laws and policies.
The sex workers also have the right to live with dignity. Recently, the Supreme Court has given certain recommendations in the case of Budhadev Karmaskar v. State of West Bengal and Ors. These recommendations provide the opportunity to rehabilitate the sex workers more effectively.
Category: INTERNATIONAL RELATIONS
1. A silver moment to propel a Bay of Bengal dream
Syllabus: GS: 2: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests.
Mains: Critically evaluate the performance of BIMSTEC.
Context:
The article discusses the achievements, issues, and measures to be taken to push BIMSTEC forward.
Background:
- BIST-EC (Bangladesh, India, Sri Lanka, Thailand – Economic Cooperation) was formed at a meeting in Jun 1997 in Bangkok. It has completed 25 years on June 6.
- Myanmar was admitted in Dec 1997 and the organization was renamed BIMST-EC.
- The grouping expanded when Nepal and Bhutan were admitted in Feb 2004.
- The grouping’s name was changed to BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) at the 1st Summit Meeting held in Bangkok in Jul 2004.
Overview:
- When BIMSTEC was created, America was dominating the international platform. In the 21st century, the United States and China dominate geopolitics, and geo-economics thereby creating new tensions and opportunities as well.
- BIMSTEC has rejuvenated itself and is viewed as the instrument of regional cooperation and integration.
- BIMSTEC should recreate the spirit of achieving its stated goals and decisions that were shaped during the Kathmandu Summit.
Achievements so far:
There are significant achievements of BIMSTEC. Some of them are mentioned below:
- Charter:
- BIMSTEC has created a charter for itself that defines the visions, and functions of the grouping and also secure a legal personality.
- Areas of cooperation:
- The grouping has seven sectors of priority and each country serves as the lead for the assigned sector.
- Summits:
- Post-2014, BIMSTEC has started holding the summits and meetings of foreign ministers and succeeded in holding five summits successfully so far. At present, BIMSTEC holds regular summits once in two years.
- Progress in focus areas:
- The grouping has made significant progress in the areas of combating terrorism, forging security cooperation, and creating mechanisms and practices for the better management of humanitarian assistance and disaster relief.
- Institutions:
- There are certain institutions such as Energy Center and the Center on Weather and Climate Change. They push regional cooperation forward.
- Crises:
- The grouping has witnessed many crises such as the Rohingya crisis in Bangladesh due to the result of oppression by the Myanmar military.
- The military coup by Myanmar led to the boycott of Myanmar by several institutions.
- Recently, the grouping also witnessed a severe economic crisis in Sri Lanka.
Issues with BIMSTEC:
- Inability to produce FTA:
- One of the failures of BIMSTEC’s slow progress is the inability to produce a comprehensive free trade agreement.
- Seven agreements are needed to operationalize the FTA but only two are prepared yet.
- Connectivity issue:
- There is a connectivity issue due to infrastructure energy, the digital and financial domain, and institutions that bring people closer together for trade, tourism, and cultural exchanges.
- Very limited progress has been made so far despite the Master Plan for Connectivity support provided by the Asian Development Bank (ADB).
- All the connectivity established so far is credited to the initiatives taken by India, Bangladesh, Bhutan, and Nepal.
- Financial resources:
- More financial support is needed to expand regional connectivity to a greater extent.
- Some pending projects:
- A little movement toward creating the BIMSTEC development fund.
- No work has been done on Blue Economy yet.
- Business chambers and corporate leaders are not fully occupied with the activities of BIMSTEC yet. Hence, the grouping is largely in the hands of experts and officials.
- The involvement of the ‘Third Space’ needs to be expanded significantly.
Way Forward:
- The grouping works in the direction of achieving the visions of the Bay of Bengal Community (BOBC) which has the potential to play a vital role in deepening the linkages between Southeast Asia and South Asia.
- Synergy should be established between the newly created Indo-Pacific Economic Framework for prosperity and BIMSTEC to accelerate the growth and development of the region.
- Three members of BIMSTEC have greater responsibility. Bangladesh as the host of the BIMSTEC Secretariat; Thailand as the representative of Southeast Asia; and India as the largest state in South Asia should work towards speeding up the progress of BIMSTEC.
BIMSTEC has completed 25 years of establishment. It has achieved several goals but the progress has remained a little slow due to some issues such as connectivity, financial resources, etc. It should be directed towards the growth of development by strengthening cooperation and significant measures.
1. The need for digital cooperation
Syllabus: GS: 2: Education, Issues relating to development and management of Social Sector/Services relating to Health, Education, Human Resources.
Mains: Critically evaluate online learning and distance education in India.
Context:
The article discusses the recent regulations of UGC on international collaboration efforts and online and distance learning education in India.
Background:
- The University Grants Commission has approved regulations where Indian and foreign higher education institutions can now offer joint or dual degrees and twinning programs.
- The UGC has laid down some stipulations on which colleges can apply for this kind of program.
- The criteria for Indian educational institutes for this scheme is that they must have a minimum score of 3.01 or be in the top 100 in the university category of the National Institutional Ranking Framework (NIRF).
- The college could also figure in the top 1000 of Times Higher Education or QS World University ranking.
- Foreign universities should be in the top 1000 of Times Higher Education or QS World University ranking to be eligible.
- The pandemic has made Information and Communication Technology very important in the world of education. But, the regulations of UGC for twinning programs do not allow for online learning and open & distance learning.
Distance learning in India:
- In 2020, the National Education Policy suggested that there should be more Online and Distance Learning Programs in order to increase the gross enrolment ratio in Higher Education Institutes (HEIs).
- Distance learning has certain benefits that are mentioned below:
- It provides access to the students living in remote areas.
- It also provides education to those who cannot pursue higher education due to economic, social, or professional constraints.
- It also makes it easier for those employees who want to pursue higher education as a part-time course for better opportunities in their careers.
- These programs are more affordable compared to regular courses.
- It is more prevalent among disadvantaged groups.
Initiatives for Distance Learning:
- Distance enrolment contributes 11.1% to the total enrollment in higher education. The UGC and other reputed institutes have been sponsoring online education in India through various initiatives such as MOOCs, SWAYAM, NPTEL, etc.
- The universities and colleges are centrally funded under the RUSA and TEQIP-III programs to create and strengthen infrastructure for online and digital education.
- In the Union Budget, an announcement had been made to create a Digital University.
- On the one hand, these initiatives are promoted by the government initiatives, and on the other hand, the UGC is keeping Online and Distance Learning out of the ambit of the international collaboration efforts.
The benefit of International Collaboration:
- According to the findings of the All India Survey on Higher Education (AISHE), approximately 49,348 students from international countries are enrolled in the courses offered by the Higher Education Institutes (HEIs).
- The largest share is contributed by our neighbouring countries: Nepal, Afghanistan, Bangladesh, and Bhutan.
- This collaboration will increase the enrollment of international students in India and will provide benefits to the financially constrained HEIs.
Disadvantages:
- Grants to Central Universities have increased from Rs. 7,643 crore to Rs. 9,420 crore for higher education. The funds for IITs and IIMs have also increased by Rs. 658.9 crore and Rs. 177.9 respectively.
- The state-funded institutes do not match these central level findings and lag behind. They also do not perform well in the ranking system.
- Now, they are also kept outside of the opportunity of international collaboration efforts. This is going to increase the central-state divide.
Way Forward:
- The policies by the UGC should be revisited in relation to the international collaboration efforts.
- It should look at the needs of the current education system so that students studying in State-sponsored HEIs and opting for ODL and online education are not deprived of benefits in India.
Online and Distance Learning has been improved in recent years. The government has also started certain initiatives to promote online learning. Recently, the UGC has come up with an international collaborative effort but online and distance learning has been kept out of its ambit. UGC has to revisit the policies and make efforts to improve the current education system.
F. Prelims Facts
1. Strategic missile Agni-4 successfully test-fired
Syllabus: GS3: Science and Technology: Achievements of Indians in science & technology; indigenization of technology and developing new technology.
Prelims: Agni-IV
Context: India successfully tested the Intermediate Range Ballistic Missile (IRBM) Agni-4, which met all parameters.
Agni-4:
- Agni-4 is an Intermediate Range Ballistic Missile.
- Agni-IV is the fourth in the Agni series of missiles – earlier known as Agni II prime – developed by the Defense Research and Development Organization (DRDO).
- The missile is a two-stage weapon system and is road-mobile.
- The Agni-5 is India’s only Inter-continental Ballistic Missile (ICBM) with a range of over 5,000 km.
Significance of Agni-4:
- Agni-4 reaffirms India’s policy of having a “credible minimum deterrence” capability.
- The principle of credible minimum deterrence underpins India’s nuclear strategy. It emphasizes no first use with an assured second-strike capability and falls under minimal deterrence.
Know more about Surface to Surface Missile – Agni, Brahmos, Prithvi.
G. Tidbits
1. ‘Policy certainty, transparency critical for asset monetisation’
- The Chief Economic Advisor (CEA) said policy stability and transparency were critical to ensuring the success of the government’s asset monetisation effort.
- He flagged the hurdles to making a switch away from fossil fuels and highlighted the constraints, both fiscal and in terms of supply of raw materials like metals and minerals, to meeting this key global challenge.
- The CEA also emphasized the need for greater investments in metals and minerals for renewable energy technologies.
2. Bad bank to kick off NPA takeover in July: FinMin
- The National Asset Reconstruction Company Ltd. (NARCL), set up to take over large bad loans of more than ₹500 crore from banks, is about to pick up the first set of such non-performing assets (NPAs).
- The NARCL, which will acquire the bad loans from banks, and the India Debt Resolution Company Ltd. have secured the necessary approvals and permissions.
- The NARCL, announced in the Budget for 2021-22, is intended to resolve stressed loans of ₹2 lakh crore.
H. UPSC Prelims Practice Questions
Q1. Which of the following best describes the newly launched Jan Samarth Portal? [Level: Medium]
- It is meant to collect feedback from the people on the implementation of Union government schemes.
- It is a portal to drive people’s participation in the policy formulation process.
- It is a one stop digital portal linking government credit schemes.
- It is a portal to lodge complaints against errant public officials.
CHECK ANSWERS:-
Answer: c
Explanation:
Jan Samarth Portal is a one-stop digital portal linking government credit schemes. It is a first of its kind platform which directly connects beneficiaries to lenders. The main purpose of the portal is to encourage inclusive growth and development of various sectors by guiding and providing them with the right type of government benefits through simple and easy digital processes. The portal ensures end-to-end coverage of all the linked schemes.
Hence C is the correct option.
Q2. Which of the following statements is/are correct? [Level: Medium]
- UAE figures among India’s top three global trade partners.
- Saudi Arabia is India’s topmost oil supplier globally.
- Among the Gulf countries, UAE houses the highest number of Overseas Indians.
Options:
- 1 and 2 only
- 2 and 3 only
- 1 and 3 only
- 1, 2 and 3
CHECK ANSWERS:-
Answer: c
Explanation:
- India has emerged as Dubai’s second-biggest trading partner after China with the overall volume in the first half of 2021. Hence statement 1 is correct.
- The United States overtook Saudi Arabia as India’s second-biggest oil supplier after Iraq in 2021. Hence statement 2 is incorrect.
- The UAE tops the list in the region with over 3.4 million Indians, followed by Saudi Arabia (2.6 million) and Kuwait (1 million), as per data from the ministry of external affairs. Hence statement 3 is correct.
Q3. Which of the following statements is/are incorrect with respect to India’s international cooperation with respect to disability? [Level: Difficult]
- India has signed the United Nations Convention on the Rights of Persons with Disabilities but is yet to ratify it.
- India is a Party to the Incheon Strategy “To make the Right Real” for Persons with Disabilities in Asia and the Pacific Region.
Options:
- 1 only
- 2 only
- Both 1 and 2
- Neither 1 nor 2
CHECK ANSWERS:-
Answer: a
Explanation:
- The UN Convention on the Rights of Persons with Disabilities is an international human rights treaty dealing with the rights of disabled people.
- India ratified the UNCRPD in October 2007. The Parliament enacted the Rights of Persons with Disabilities Act, 2016 with a view to fulfilling the obligations under the UNCRPD. Hence statement 1 is incorrect.
- Incheon Strategy has been adopted to achieve the goals mentioned in UN Convention for Rights of Persons with Disabilities.India is a Party to the Incheon Strategy “To make the Right Real” for Persons with Disabilities in Asia and Pacific Region. Hence statement 2 is correct.
Q4. Consider the following pairs of valleys and their associated states. [Level: Difficult]
Valley State
- Yankti kuti Uttarakhand
- Yumthang Nagaland
- Dzukou Mizoram
- Chamba Himachal Pradesh
How many pairs given above are correctly matched?
- Only one pair
- Only two pairs
- Only three pairs
- All four pairs
CHECK ANSWERS:-
Answer: b
Explanation:
- Yanti Kuti Valley is a Himalayan valley situated in the Pithoragarh District, Kumaon division of the Uttarakhand state of India. Hence pair 1 is correct.
- The Yumthang Valley is a nature sanctuary with river, hot springs, yaks and grazing pasture on rolling meadows surrounded by the Himalayan mountains in Sikkim state in India. Hence pair 2 is incorrect.
- The Dzüko Valley is a valley located at the borders of the states of Nagaland and Manipur in Northeast India. Hence pair 3 is incorrect.
- Chamba is a town in the Chamba district in the Indian state of Himachal Pradesh. Hence pair 4 is correct.
Q5. The money multiplier in an economy increases with which one of the following? [Level: Medium, UPSC 2019]
- Increase in the cash reserve ratio
- Increase in the banking habit of the population
- Increase in the statutory liquidity ratio
- Increase in the population of the country
CHECK ANSWERS:-
Answer: b
Explanation:
The amount of money created by commercial banks for a given fixed amount of base money and reserve ratio is referred to as the money multiplier. A higher cash reserve ratio prevents banks from lending more money and lowers the money multiplier. An increase in the population’s banking habits will increase lending, resulting in more deposits in the banking system and thus increasing the money multiplier.
Hence option B is correct.
I. UPSC Mains Practice Questions
- There is a fine line between the government’s regulations of social media and the government’s restriction on free speech. Discuss. (250 words; 15 marks) [GS-2, Governance]
- How does the surrogacy law in India aim to handle surrogacy related problems in the country? Elaborate. (250 words; 15 marks) [GS-2, Social Issues]
Read the previous CNA here.
CNA 07 June 2022:- Download PDF Here
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