Synopsis and Review – Think and Learn [Day 12]
GS 1) Examine the role played by women in the 1857 revolt against the British. (200 Words, 10 Marks)
This question is both factual and conceptual. For the facts part, you need to remember the various important women who have fought in the 1857 revolt – Atleast 4 women should be enough.
Then, examining their contribution and how they had an impact both on the British and the Indians would form the conceptual part.
The Top Answer for this question is written by Subhash Tadala –
Ans) 1857 revolt- the one which is called as first war of independence was mainly seen as a struggle led by soldiers, but women have their respective share in the revolt as follows:
a) As Forefront Runners: This share will be taken by Rani Lakshmi Bhai, Moti Bhai(to save lakshmi bhai), Begum Hazrat Mahal, Rani avantibhai lodi and queen of Tulsipur who rebelled for though varied reasons stood as stiff resistance to british and had made the people to wage the struggle.
b) As Messengers: The essential communication network was also led by common women along with men to deliver the right message that can step up the planned resistance.
c) Inspiring others: A Bheel tribal women called Sursi, inspired his son who is a tribal leader to arm against the british though the reason may be other than the soldiers cause. This type of inspirations by women can be seen in local rulers also.
d) Resistance by Common women: Though not in place with an army, women like Ashgari Begum, Asha Devi, and Bhagavati Devi resisted the british attempts to exploit in their local areas for which they welcomed death.
In this way, women role in 1857 revolt is not only comprehensive but also varied like their counterparts.
GS 2) Critically evaluate the role played by the Five Principles of Peaceful Coexistence or Panchsheel principles in improving India and China‘s relationship. Examine if these principles are still relevant today. (200 Words, 10 Marks)
The question can be divided into five parts, one each for each principle, give a one line positive and negative for each and mentioning if it is still relevant would be more than enough.
The Top Answer for this is written by – Gajendra Singh
Ans) The Panchsheel agreement signed on 29 April, 1950 between China and India was a landmark in the ups and downs relationship. However Panchsheel principles have been partially successful to setup lucrative mutual relations.
Mutual respect for each other’s territorial integrity and sovereignty:
India was the first non-socialist bloc country to establish diplomatic relations with PRC and supported China’s sovereignty on Tibet. However China stand on J&K, China-Pakistan Economic Corridor and claim over Arunachal have never been in favour.
After 1962 war, BDCA and CBM have greatly contributed to non-aggression. However frequent skirmishes are always there.
Mutual non-interference in internal affairs:
India has never interfered in matters like- Tiananmen, Hong-Cong protests, Tibet problem and Xinjiang. China did same in Kargil war. However China’s support to Lakhvi’s release raised concerns.
Equality and mutual benefit:
China is the second largest trading partner. Both countries jointly combat- arm-smuggling, wildlife, disaster etc. However Tibetan hydro-projects caused concern for India.
On the platform of AIIB, BRICS, WTO etc both are working together.
Mahatma Gandhi wanted the world as federation of friendly, interdependent nations’ without domination or exploitation. Here Panchsheel is the basis. Panchsheel could act as a catalyst to better coordinate efforts, mutual understanding and tackle trans-national threats effectively.
GS 3) Discuss the role of RBI in the management of Indian foreign exchange market. (200 Words, 10 Marks)
This is a straight forward question, where mentioning explaining around 5 roles of RBI in the Forex market would suffice.
The Top Answer for this question is written by – Anshika
Ans) With transition to market based economy to determine the value of Indian rupee,Foreign exchange market gained value in India, Of late with increasing integration of indian economy with global economy the foreign exchange market has evolved as a key segment of indian financial market
Approach of RBI:The RBI has major role in regulating Foreign exchange market
1)The RBI controls the foreign currency and gold reserves of country
2) Ensuring smooth conduct and orderly exchange in domestic foreign currency
3)Regulating transactions related to external sector and facilitating development of foreign exchange market
Tools which RBI have
1)The RBI is responsible for implementing the Foreign Exchange management Act 1999 and it also decides the role of banks and private institution as authorised dealers of foreign exchange
2)Foreign Exchange department is responsible for regulation and development of market
3)Finanacial Market Department of RBI takes part in sales or purchase of currency depending on market conditions
3)Department of external investment and operations: Invests in the currency and assets which are ” Safe Liquid and Secure”