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Monthly DNA
28 Dec, 2019
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Syllabus subtopic: Government policies and interventions for development in various sectors and issues arising out of their design and implementation.
Prelims and Mains focus: about the 2005 judgement of SC; the link between NPR and NRC
News: Questions about a person’s place and date of birth, his parents’ names and their place of birth are meant to ascertain citizenship, the Supreme Court has held.
Background
NPR-NRC link
What does the Citizenship Rules of 2003 say?
Source: The Hindu
Syllabus subtopic: Government policies and interventions for development in various sectors and issues arising out of their design and implementation.
Prelims and Mains focus: about the Home Ministry order; about NRI, OCI and PIO and benefits enjoyed by them
News: The Union Home Ministry has relaxed the provisions for Overseas Citizens of India (OCI) card holders that made it compulsory for those aged above 50 and below 20 to renew their cards on renewal of their passports.
What was the reason behind the move?
About the relaxation order
Benefits enjoyed by OCI cardholders
Who are NRIs, PIO and OCI?
PIO-OCI merger
How will merging help?
Source: The Hindu
Syllabus subtopic: Government policies and interventions for development in various sectors and issues arising out of their design and implementation.
Prelims and Mains focus: about the new committee formed by MoSPI: its structure and mandate
News: Faced with increasing questions about the credibility of official economic data and the abrupt shelving of official reports, the Ministry of Statistics and Programme Implementation (MoSPI) has made a move to overhaul the system for reviewing statistics related to economic activity.
Background
About the move by MoSPI
Mandate of the newly formed committee
Other panel regarding statistics
Prior to the formation of this new panel, the Advisory Committee on National Accounts Statistics (ACNAS) — which has the mandate to review the database and advice on data collection related to national accounts statistics — is the only other panel under MoSPI that has such wide representation.
Source: Indian Express
Syllabus subtopic: Bilateral, regional and global groupings and agreements involving India and/or affecting India's interests
Prelims and Mains focus: about the recent oil supply cut by OPEC countries and the reasons behind it; OPEC and OPEC+
News: The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, may consider wrapping up their oil output reduction in 2020, Russian Energy Minister Alexander Novak said on Friday.
Context
About OPEC
Membership:
About OPEC+
Source: Indian Express
Prelims and Mains focus: About Avangard and its significance; tensions in US-Russia relations
News: Russia has deployed its first hypersonic nuclear-capable missiles, called
Avangard, with Vladimir Putin boasting that it puts his country in a class of its own.
Background:
About Avangard missile
Why Russia felt the need to develop such missile systems
Putin has said Russia had to develop the Avangard and other weapons systems because of US efforts to develop a missile defence system that he claimed could erode Russia’s nuclear deterrent. Moscow has scoffed at US claims that its missile shield isn’t intended to counter Russia’s missile arsenals.
Significance
About China’s hypersonic missile
What about USA?
Source: Indian Express
Syllabus subtopic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment.
Prelims and Mains focus: on the findings of RBI’s report and challenges mentioned by it in the economic revival process
News: The Reserve Bank of India (RBI) on Friday cautioned that the asset quality of scheduled commercial banks (SCB) may worsen next year owing to changes in the macroeconomic scenario.
Finacial Stability Report 2019: key findings
Challenges mentioned in the report
Source: mint
Syllabus subtopic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment.
Prelims and Mains focus: about CRILC, Cooperative banks and how they are different from commercial banks
News: The Reserve Bank on Friday directed large cooperative banks to report all exposures of Rs 5 crore and more to the Central Repository of Information on Large Credits (CRILC), a move aimed at early recognition of financial distress.
Background
What is CRILC?
About Cooperative Banks
Difference Between Commercial Banks & Cooperative Banks |
|
Cooperative Banks |
Commercial Banks |
Co-operative banks are co-operative organisations. |
Commercial banks are joint-stock banks |
Governed by the Co-operative Societies Act as well as Banking Regulation Act |
Governed by the Banking Regulation Act |
Subject to the rules laid down by the Registrar of Co-operative Societies |
Subject to the control of the Reserve Bank of India directly |
Borrowers are member shareholders, so they have some influence on the lending policy of the banks, on account of their voting power |
Borrowers of commercial banks are only account- holders and have no voting power as such → Voting power as per shareholding |
Have not much scope of flexibility on account of the rigidities of the bye-laws of the Co-operative Societies |
Free from such rigidities |
PSL does not applies |
PSL Applies |
Do not pursue the goal of profit maximization |
Works for profit maximization |
Source: Indian Express
China sails carrier group through Taiwan Strait as election nears Syllabus subtopic: Effect of policies and politics of developed and developing countries on India's interests, Indian diaspora. Prelims and Mains focus: on the developments in China-Taiwan relations; One-China Policy and how
Syllabus subtopic: Important aspects of governance, transparency and accountability, e-governance- applications, models, successes, limitations, and potential; citizens charters, transparency & accountability and institutional and other measures. Prelims and Mains focus: About the G
As stress piles on, Indian lenders are on their way to large write-offs Syllabus subtopic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. Prelims and Mains focus: on the problem of NPAs in the banking sector; types of NP
Syllabus subtopic: Issues relating to development and management of Social Sector/Services relating to Health, Education, Human Resources. Prelims and Mains focus: about the threat of antimicrobial resistance; Challenges and efforts made by the world community; About DGCI N
Syllabus subtopic: Issues relating to development and management of Social Sector/Services relating to Health, Education, Human Resources. Prelims and Mains focus: about NPR and the controversy around its implementation News: The central government proposes to update the Na
Syllabus subtopic: Statutory, regulatory and various quasi-judicial bodies Prelims and Mains focus: about the guidelines issued by UGC and their significance; About UGC and HECI News: Human Resource Development Minister Ramesh Pokhriyal ‘Nishank’ on Thursday lau
The strong case for and against fiscal expansion Syllabus subtopic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. Prelims and Mains focus: About fiscal deficit and its significance in determining economic status of a co
Syllabus subtopic: Conservation, environmental pollution and degradation, environmental impact assessment Prelims and Mains focus: About the recent status of elephant conservation in India; Elephants reserves in India; Efforts and challenges in their conservation News: For
Syllabus subtopic: Government policies and interventions for development in various sectors and issues arising out of their design and implementation. Prelims and Mains focus: about the step taken by the GST Council and its significance; structure and mandate of GST Council
Syllabus subtopic: Government policies and interventions for development in various sectors and issues arising out of their design and implementation. Prelims and Mains focus: about the Recycling of Ships Act, 2019 and its significance; about the Hong Kong convention News:
Typhoon Phanfone batters the Philippines Syllabus subtopic: Important Geophysical phenomena such as earthquakes, tsunamis, Volcanic activity, cyclones etc., geographical features and their location- changes in critical geographical features (including water bodies and ice-caps) and in flora and f
The earliest Sanskrit inscription in South India was found in A.P Syllabus subtopic: Indian culture will cover the salient aspects of Art Forms, Literature and Architecture from ancient to modern times. Prelims and Mains focus: on the recent discovery by ASI and its significance; about Sa
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