Daily Practice Sheet 10 August 2020

  • August 10, 2020
  • Posted by: OptimizeIAS Team
  • Category: DPS
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Daily Prelims Topic

  • Negative import list 
  • Agriculture Infrastructure Fund 
  • Indus Water Treaty
  • Perseid meteor shower 2020 
  • Petroleum and Explosive Safety Organisation (PESO)
  • India rupee appreciation/deprecitation factors
  • Deposit Insurance and Credit Guarantee Corporation (DICGC) 
  • Engineered Material Arresting System (EMAS)
  • GI Tag for basmati
  • ‘National Landslide Susceptibility Mapping’

Daily Mapping

  • Belarus
  • Tungabhadra river
  • Cauvery river

Daily Facts 

Indian Rupee:

  • India’s current account deficit (CAD) more than halved in FY20 to $24.6 billion as trade deficit narrowed (because imports fell faster than exports) by $22.8 billion to $157.5 billion and invisible receipts increased by $9.8 billion to $132.9 billion.
  • Trade deficit significantly contracted to $9.1 billion in the first quarter of FY21 against $45.9 billion in the corresponding period last year.According to the International Monetary Fund (IMF), world trade volume is projected to de-grow by 11.9 per cent in 2020 and grow by 8 per cent in 2021.
  • Because of the collapse in the Brent crude price, the import bill tumbled 66 per cent from $9.5 billion in January to $3.2 billion in June. Crude prices declined from $66 a barrel in January to as low as $16 in April before recovering to $45 by July-end.

Defence:

  • India, which is the world’s second largest arms importer, accounting for 9.2% of global arms imports — though, in a first, it has also emerged as a major arms exporter, at 23rd— has been beset by a problem of delays in manufacturing.

  SC judgments/ committee:

  • The Kargil Review Committee (KRC)

Daily Mains Mantra 

NEWSPAPER

GS 1 History

  1. Hard-fought independence was the liberation of our country from the dark age of centuries marked by lack of social cohesion and the glue of nationhood. Explain [Reference: Indian Express]
  2. Comment upon the official language policy of India. Discuss controversies related to it.[Reference: Indian Express, PFC India]
  3. Quit India movement gave a new direction to India’s national freedom struggle. [Reference: Indian Express]

GS 1: Geography

  1. What makes Kerala vulnerable to landslides? [Reference: The Hindu]

GS 2: Polity

  1. Whilst justice is important, judges must not take themselves too seriously. In the light of the statement, critically review the Contempt of Courts Act, 1971. Is there any place for such acts in a modern open democracy? [Reference: Indian Express, PRS India, The Hindu]

GS 3: Economy/Internal security

  1. For years India has been among the top three defence importers in the world. In this context, analyses the need for developing indigenous defense manufacturing industries. And list measures taken by government towards this. [Reference: Indian Express]
  2. What is inflation-targeting? What are the tools used by RBI in achieving this? How effective they are in India? Discuss. [Reference: Indian Express]
  3. Differentiate between fiscal and monetary policy. Critically examine monetary policy response to tackle the economic slowdown in Indian economy. How far it has been effective? [Reference: Indian Express]
  4. Atma Nirbhar Bharat will give boost to indigenization of technology. Discuss. [Reference: Times now News]
  5. Discuss the factors that determine the value of Indian rupee. [Reference: Business Line]
  6. Discuss the reasons for slowdown in economic growth Indian Economy. How can economic growth be revived in short term and long term. [Reference: Indian Express]

GS 3: Disaster management

  1. What do you understand by manmade disasters? Examine the risk of chemical disaster in India. [Reference: VikasPedia]

GS 4: Ethics

  1. What do you understand by gender biases? [Reference: Indian Express]
Daily Practice Sheet