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08May 2023

Given below are two quotations of moral thinkers/ philosophers. For each of these, bring out what it means to you in the present context. (a) “Silence becomes cowardice when occasion demands speaking out the whole truth and acting accordingly” – Mahatma Gandhi. (b) “We must not only tolerate others, but positively embrace them” – Swami Vivekananda.

(a) Gandhiji has been the one of the biggest supporters of moral politics, upholding high principles like truth, honesty and courage in public life. As a public figure he believed in walking the talk. He believed in strong force of the soul and courage to be truthful in all walks of life. But to be …

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08May 2023

Corruption

Q. Corruption distorts not only the functioning of the Government in India but business and corporate activities as well. Explain and discuss how the state can effectively deal with the deficit of ethics in the private sector. Corruption is illegal gratification extracted by a person in some positions of power and influence for providing either …

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06May 2023

Ethical Issues

Q. Discuss the ethical issues involved in the recent refugee crisis and immigration as a global phenomenon from a broad perspective of globalization and rights of citizens and aliens. The movement of people across borders can be categorized as being legal or illegal and being forced or voluntary. Recently, European countries faced an influx of …

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04May 2023

Central counterparties or Clearing Corporation

Context: The European Securities and Markets Authority (ESMA), the European Union (EU’s) financial markets regulator and supervisor, has derecognised six Indian central counterparties (CCPs)These six CCPs are The Clearing Corporation of India (CCIL), Indian Clearing Corporation Ltd (ICCL), NSE Clearing Ltd (NSCCL), Multi Commodity Exchange Clearing (MCXCCL), India International Clearing Corporation (IFSC) Ltd (IICC) and …

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04May 2023

The term ‘Circular Economy’ is often seen in news. What are the principles that it is based on? Bring out its relevance for India.

The circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible. In this way, the life cycle of products is extended. This is a departure from the traditional, linear economic model, which is based on a take-make-consume-throw away pattern. …

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04May 2023

Q2. What are the issues that have limited the success of Special Economic Zones (SEZs) in India? Mention some steps that can be taken to address them.

In India, special economic zones are planned as growth engines that can boost manufacturing, augment exports and generate employment. It provides for special fiscal and regulatory measures to ensure hassle-free operations alongside state-of-the-art infrastructure and support services. The units are set up under Special Economic Zones Act, 2005 as duty free regions to be treated …

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04May 2023

Smart Cities Mission : Extended From June 2023 To June 2024

News: The Smart Cities Mission’s deadline has been moved from June 2023 to June 2024 by the Union Housing and Urban Affairs Ministry (MoHUA). On June 25, 2015, the MoHUA’s Smart Cities Mission programme was introduced as a centrally sponsored scheme. Through a two-stage competition (from January 2016 to June 2018), 100 cities to be …

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04May 2023

Who’s Tipping The Scales : IPES Report

News: The International Panel of Experts on Sustainable Food Systems (IPES) has published a paper titled “Who’s tipping the scales” that discusses how corporate domination of global food governance is becoming more obvious and raises concerns about bluewashing. Report highlights include: Firms have become more prevalent in governance and other areas, stakeing claims to being …

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04May 2023

7th National Health Accounts : Estimates For India (2019-20)

News: The National Health Systems Resource Centre’s 7th National Health Accounts (NHA) Estimates for India (2019–20) have been made available by the Ministry of Health and Family Welfare. The World Health Organisation (WHO) System of Health Accounts 2011, which is an internationally recognised accounting framework, is used to construct the NHA estimates. Major highlights In …

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