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(PRELIMS & MAINS Focus)


NavIC, India’s home-grown alternative to the GPS navigation system

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Syllabus

Context: The Indian government asked the smartphone makers to enable support for its NavIC navigation system in new devices sold in the country from next year.

Global standards body 3GPP has approved India’s regional NavIC:

What is 3GPP:

About NavIC:

Applications of IRNSS:

Source: Indian Express

  Previous Year Question

Q.1) With reference to the Indian Regional Navigation Satellite System (IRNSS), consider the following statements :

  1. IRNSS has three satellites in geostationary and four satellites in geosynchronous orbits.
  2. IRNSS covers entire India and about 5500 sq. km beyond its borders.
  3. India will have its own satellite navigation system with full global coverage by the middle of 2019.

Which of the statements given above is/are correct? (2018)

  1. 1 only
  2. 1 and 2 only
  3. 2 and 3 only
  4. None

Q.2) In which of the following areas can GPS technology be used? (2018)

  1. Mobile phone operations
  2. Banking operations
  3. Controlling the power grids

Select the correct answer using the code given below:

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

National Stock Exchange (NSE) and Bombay Stock Exchange (BSE)

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Syllabus

Context: Continuing its slide against the dollar, the rupee ended at a new low recently due to risk-off sentiment among investors following an aggressive rate hike announcement by the US Federal Reserve.

The weakness in the rupee also affected sentiment of equity market investors, as the benchmark Sensex at the BSE tanked 953 points, or 1.6 per cent, to close at 57,145.22. The broader Nifty at NSE lost 311 points, or 1.8 per cent, to end at 17,016.

About National Stock Exchange (NSE):

About Bombay Stock Exchange (BSE):

Current Stock Exchanges in India:

Importance of Stock Exchanges:

Determining the fair price:

Facilitating industrial advancement:

Protecting investors’ interest:

Act as secondary markets:

Reduce the dependency on loan for corporates:

Source: Indian Express                 

Q.1) Convertible Bonds, consider the following statements:

  1. As there is an option to exchange the bond for equity, Convertible Bonds pay a lower rate of interest.
  2. The option to convert to equity affords the bondholder a degree of indexation to rising consumer prices.

Which of the statements given above is/are correct? (2022)

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2

Operation Meth Chakra

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Syllabus

Context: The Central Bureau of Investigation (CBI) conducted searches as part of a pan-India drive against the circulation and sharing of child sexual abuse material. The operation was code-named “Megh Chakra”.

About Operation Megh Chakra:

Source: The Hindu              


The Breakthrough Agenda Report 2022

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Syllabus

In News:

The first annual Breakthrough Agenda Report, delivers a progress report on the actions needed to deliver on the historic clean technology commitment by governments.

About the report:

Findings:

About IEA:

Reports by IEA:

Source: Economic Times                      

Previous Year Question

Q.1) In the Indian context, what is the implication of ratifying the ‘Additional Protocol’ with the ‘International Atomic Energy Agency (IAEA)’? (2018)

  1. The civil nuclear reactors come under IAEA safeguards
  2. The military nuclear installations come under inspection of IAEA
  3. The country will have the privileged to buy uranium from the Nuclear Suppliers Group (NSG)
  4. The country automatically becomes a member of the NSG.

Asian Palm Oil Alliance (APOA)

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Syllabus

In news: APOA held its first general body meeting on the side-lines of the 25th Globoil Summit being held in India.

About:

About Palm Oil imports:

About Oil Palm:

Source:  Financial Express


RH-200 sounding rocket

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Syllabus

In News: The Indian Space Research Organisation (ISRO) hopes to achieve a remarkable feat — the 200th successful launch of the Rohini RH-200 sounding rocket in a row.

About the rocket:

About sounding rockets:

Source:     The Hindu

Previous Year Question

Q.1) What is ‘Greased Lightning-10 (GL-10)’, recently in the news? (2016)

  1. Electric plane tested by NASA
  2. Solar-powered two-seater aircraft designed by Japan
  3. Space observatory launched by China
  4. Reusable rocket designed by ISRO

Sittanavasal Jain Heritage Site

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Syllabus

In News: With three-fourth of the art in the Sittanavasal rock cave temple in Pudukottai district of Tamil Nadu either damaged or vandalised, Archaeological Survey of India has undertaken conservation measures and also introduced digital checks to track public access.

About the caves:

About the artwork:

                       

Concerns:

Measures:

Source: The Hindu               

Previous Year Question

Q.1) Which one of the following statements is correct? (2021):

  1. Ajanta Caves lie in the gorge of Waghora river
  2. Sanchi Stupa lies in the gorge of Chambal River.
  3. Pandu-Leni Cave shrines lie in the gorge of Narmada River.
  4. Amaravati Stupa lies in the gorge of Godavari River.

Global Multilateral Institutions

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Syllabus

In News: Indian External Affairs Minister S. Jaishankar’s visit to the United States (September 18-28) has set the stage for an expansive range of bilateral and multilateral diplomacy by India. It is a unique visit as it seeks to achieve a vast list of objectives led by the Indian delegation’s participation in the High-Level Week at the 77th Session of the United Nations General Assembly.

Context:

Need for reforms in UNSC:

The U.N.’s fault lines in preventing wars:

Concern over China’s dominance:

India’s multilateral diplomacy:

About The United Nations Security Council (UNSC):

Criticism of UNSC

India and UN Security Council

Way forward:

Source:  Indian Express                      


India – Russia Relations

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Syllabus

Context: On the side-lines of  Shanghai Cooperation Organization summit, the Prime Minister of India and the President of Russia discussed about defence cooperation amid the ongoing Russia – Ukraine war.

Let us discuss the Bilateral Relations between the two countries

Historical relationship:

Political Relations:

Defence and Security Relations

The joint military programmes between India and Russia include:

The military hardware purchased/leased by India from Russia includes:

Russia also plays a very important role in assisting the Indian Navy with its submarine programmes:

India Russia Trade Relations:

Cultural Relations:

Why is Russia Important for India?

Challenges in India Russia Relationships:

Conclusion: India and Russia continue to share a common strategic rationale for their relationship: apart from bilateral synergies, the two are members of various multilateral organisations including BRICS, RIC, G20, East Asia Summit and SCO—where avenues for cooperation on issues of mutual importance exist.

On the whole, Both India and Russia will have to learn to navigate their relationship amidst challenges emerging not just from bilateral factors but also regional and global ones, as both countries seek to strengthen their position at a time of flux in the international order.

Source:  Indian Express            


Dharamshala Declaration

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Syllabus

Context: Recently a gathering of State Tourism Ministers to discuss on modes and mechanisms to develop tourism in India, came up with ‘The Dharamshala Declaration’ (2022).

It draws inspiration from central government’s ‘Whole of Government’ approach, which enables the breaking down of silos and encouraging synergies across various government corridors.

About Dharamshala Declaration:

Rethinking and reimagining tourism:

Important features of draft National Tourism Policy 2022:

Potential during the G20 presidency:

Way forward:

Source: The Hindu                   


Baba’s Explainer -A Push for Semiconductor Industry

A Push for Semiconductor Industry

Syllabus

Context: Semiconductors are the new battleground in the field of high technology as nations race to establish a foothold in the manufacture of these vital components that power everything from traffic lights to advanced weaponry

In a bid to make India’s $10 billion chip-making initiative more attractive to investors, the Centre on September 21, approved changes to the scheme for the development of a semiconductor and display manufacturing ecosystem.

Read Complete Details on A Push for Semiconductor Industry


Daily Practice MCQs

Daily Practice MCQs

Q.1) Which one of the following issues the ‘The Breakthrough Agenda Report 2022’ report periodically?

  1. International Atomic Energy Agency
  2. The World Bank
  3. International Energy Agency
  4. International Union for Conservation of Nature

Q.2) Consider the following statements in respect of the Asian Palm Oil Alliance (APOA):

  1. It is an edible oil trade association formed of palm oil importing countries.
  2. It was formed in the year 2020.

Which of the above statements is/are correct?

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 and 2

Q.3) In which of the following areas can GPS technology be used?

  1. Mobile phone operations
  2. Creating maps of the world
  3. Monitoring personal/Object movement

Select the correct answer using the code given below:

  1. 1 and 3 only
  2. 2 and 3 only
  3. 1 and 2 only
  4. 1 2 and 3

Comment the answers to the above questions in the comment section below!!

ANSWERS FOR ’27th September 2022 – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs.


ANSWERS FOR 26th September – Daily Practice MCQs

Answers- Daily Practice MCQs

Q.1) – c

Q.2) – a

Q.3) – b

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