IASbaba’s Daily Current Affairs (Prelims + Mains

Focus)- 29th September 2018

Archives


(PRELIMS+MAINS FOCUS)


All women may pray at Sabarimala

Part of Prelims and mains II – Social justice, Rights

In news

Why women were not allowed in Sabrimala?

SC observations

On freedom of religion

Dissenting opinion


With Sabarimala verdict, ‘Ghost of Narasu’ is finally exorcised

Part of Prelims and mains II – Social justice, Rights

In news

Observations of SC contrary to Narasu case


India should choose local partner if it chooses Gripen: Swedish Air Chief

Part of Prelims and mains III – Defence and security, Economy

In news


Govt. creates high-level group to advise on boosting trade

Part of Prelims and mains III – Economy

In news:

The terms of reference (ToR) of the HLAG are to examine the prevailing international trade dynamics, including, but not confined to;

The HLAG would meet regularly over the next two months and make specific implementable recommendations in light of the terms of reference, including on each of the areas, to facilitate the formulation of future trade policies.

The HLAG will be chaired by, Prime Minister’s Economic Advisory Council Member Surjit Bhalla.


Railways to roll out smart coaches

Part of Prelims and mains III – Infrastructure

In news

Features of smart trains


Centre hikes import duty on select goods

Part of Prelims and mains III – Indian economy

In news

The government released a list of categories of items on which it would be hiking import duties, which include white goods such as air-conditioners, refrigerators and washing machines as well as non-essential items such as gems, travel bags and aviation turbine fuel (ATF).

Significance of hikes in import duty


Cabinet approves 100% govt. stake in GST Network

Part of Prelims and mains III – Indian economy, tax reforms

In news

The Union Cabinet approved increasing the government’s ownership in the Goods and Services Tax Network (GSTN) to 100% from the existing 49% and also change the existing structure in line with a transition plan.

Do you know?

GST Network

Note: For more details on GSTN visit: https://www.gstn.org/about-us/


‘MDR reimbursement pending from banks’

Part of Prelims and mains III – Indian economy

In news


(MAINS FOCUS)


NATIONAL

TOPIC: General Studies 2

Finding an equilibrium

Introduction

A thicket of Aadhaar litigation has now ended with the decision of a five-judge Supreme Court Bench, which had reserved its order on May 10, after a marathon 38-day hearing.

The victory of the right to privacy was presaged by K.S. Puttaswamy v. Union of India (2017), but that nine-judge Bench had left open the question of Aadhaar: whether the “national security” perspective (the vital role of surveillance to curb terror and prevent money laundering and crime financing) and “social welfare state” perspective (Aadhaar ensured that subsidies went to the right people) provided constitutional grounds for “reasonable restrictions” (reasonable because non-arbitrary).

The Money Bill question: under Article 110(3) of the Constitution

The proportionality test

Conclusion

Connecting the dots:


ECONOMY

TOPIC: General Studies 3

Think big: on import duty hike

Introduction

Do you know?

Current account deficit

Why import duties will not have sufficient impact on CAD?

Way forward

Connecting the dots:


(TEST YOUR KNOWLEDGE)

Model questions: (You can now post your answers in comment section)

Note:

Q.1) Saab Group is sometimes in news. It is assocaited with –

  1. Swedish aerospace and defence company.
  2. Coalition of Saudi Arabia and global “Islamic Alliance” of 34 countries to combat terrorism
  3. South Africa’s largest weapons manufacturer that is offering Make in India, tech transfer and partnership with local companies.
  4. Saudi-led intervention in Bahrain .

Q.2) To reduce the current account deficit in India, which of the below actions government can take?

  1. Reduction in export subsidy
  2. Devaluing the domestic currency
  3. Adopting suitable policies which attract greater FDI and more foreign funds

Select the correct answer using the codes given below

  1. 1 and 2
  2. 1 and 3
  3. 2 and 3
  4. 1,2 and 3

Q.3) Twin deficits often in news relates to

  1. Revenue Deficit and Budget Deficit
  2. Fiscal Deficit and Budget Deficit
  3. Fiscal Deficit and Current Account Deficit
  4. Capital Account Deficit and Current Account Deficit

Q.4) Consider the following statements regarding Goods and Services Tax Network (GSTN):

  1. It is a non-profit, non-government organization.
  2. It will manage the entire IT system of the GST portal.
  3. It will provide taxpayers with all services – from registration to filing taxes and maintaining all tax details.

Which of the above statements are correct?

  1. 1 and 2
  2. 2 and 3
  3. 1 and 3
  4. All of the above

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