07Oct 2023

UGI USER
60
0

Governance

Relevance GS Paper 2 Important Aspects of Governance, Transparency and Accountability, E-governance- applications, models, successes, limitations, and potential; Citizens Charters, Transparency & Accountability and institutional and other measures. Tags: #Governance #GoodGovernance #PrincipleOfGovernance #AspectsOfGovernance #UPSC #GS2Governance. What is Governance? The World Bank Defines Governance as “the manner in which the power is exercised in the administration …

07Oct 2023

UGI USER
63
0

IBC: Reviving Troubled Businesses and Economy

Relevance GS Paper 3 Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment. Tags: IBC #NPA #debt #Banking #UPSC #CurrentAffairs #InsolvencyandBankruptcyCode. Why in the News? The Ministry of Corporate Affairs emphasizes professionalism among insolvency professionals (IPs), urging compliance with IBC regulations and the avoidance of conflicts of interest, amid a low 29.5% …

07Oct 2023

UGI USER
75
0

Aligning higher education with the United Nations SDGs

Relevance GS Paper – 2, Government Policies & Interventions, Issues Relating to Poverty & Hunger. Tags: #SDG4 #NEP2020 #upsc #competitive-exams. Why in the news? The recently released SDGs Report 2023 flagged slow progress and painted a grim picture due to the prolonged effects of COVID-19, the impacts of the climate crisis, the Russia-Ukraine conflict, and …

07Oct 2023

UGI USER
47
0

The art of letting it be

Monetary Policy Committee is unlikely to cut rates any time soon as global and domestic risks loom large Relevance GS Paper 3 Indian Economy and issues relating to planning, mobilization, of resources, growth, development, and employment. Inclusive growth and issues arising from it. Tags: #monetorypolicy #MPC #RBI #currentaffairs #upsc. Why in the News? In the …

06Oct 2023

UGI USER
65
0

Q. What is the significance of National Income Accounting? Discuss the various factors affecting GDP of a country.

Approach ● Start with a brief introduction about National Income Accounting. ● Mention its significance. ● Discuss various factors affecting the GDP of a country. ● Conclude accordingly. Answer National Income Accounting (NIA) refers to methods or techniques used to measure the economic activity in a national economy as a whole. National income of …

06Oct 2023

UGI USER
50
0

Q. What do you understand by public debt? Why is high public debt considered a matter of concern? Discuss in the context of India.

Approach ● Start by explaining public debt. ● Highlight recent trends and discuss issues associated with high public debt. ● Conclude accordingly. Answer In the Indian context, public debt includes the total liabilities of the Union government that have to be paid from the Consolidated Fund of India. Sometimes, the term is also used …

06Oct 2023

UGI USER
50
0

Q. Highlighting the instruments of monetary policy available with RBI, discuss how it not only acts as a banker to the commercial banks but also to the government.

Approach ● Briefly define monetary policy. ● Mention the instruments of monetary policy available with the RBI. ● Discuss how the RBI not only acts as a banker to the commercial banks but also to the government. ● Conclude accordingly. Answer Monetary policy refers to the policy of the central bank with regard to …

06Oct 2023

UGI USER
55
0

Q. Bringing out the various functions of money, mention its advantages over other types of assets.

Approach ● Give a brief definition of money. ● Mention various functions of money. ● List down the advantages of money over other types of assets. ● Conclude accordingly. Answer Money is an economic unit that functions as a generally recognized medium of exchange for transactional purposes in an economy. Economically, each government has …

06Oct 2023

UGI USER
80
0

National unity, a three-dimensional view

Relevance GS Paper 1 Modern Indian History. Tags: #Nationalunityday #RashtriyaEktaDiwas Why in the news? India’s national unity evolved over more than a century, through political and social movements and legal and constitutional designs. This involved intense battles and wise compromises among constituent groups. The national identity thus constituted developed along three dimensions: The first dimension …

06Oct 2023

UGI USER
45
0

Nobel Peace Prize 2023

News: Nobel Peace Prize 2023 awarded to Narges Mohammadi for her fight against oppression of women in Iran. Narges Mohammadi has faced repeated arrests by the Iranian regime, totaling 13 times. She has been convicted five times and handed a cumulative sentence of 31 years in prison along with 154 lashes. Mohammadi’s activism opposing the …

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