Daily Practice Sheet 13 March 2021

  • March 13, 2021
  • Posted by: OptimizeIAS Team
  • Category: DPS
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Daily Practice Sheet

13 March 2021

Daily Prelims Topic

  • Quad vaccine initiative
  • Places of Worship (Special Provisions) Act 1991
  • Extended Producer Responsibility
  • Appointing CBI director
  • Lights Out Philly initiative
  • 2001 FO32
  • Liquefied hydrogen from brown coal
  • AtmaNirbhar Incubator
  • SEC
  • IIP
  • LAC

Daily Constitution

  1. Freedom to religion
  2. Equality of opportunity

Daily Data

Fintech emerged as the key sector in this year’s rankings with four of the top six fastest growing companies being from this domain.

States financial woes

The average fiscal deficit of 13 states has risen to 4.5 per cent of gross state domestic product (GSDP) in the revised estimates for 2020-21, up from the budgeted estimate of 2.8 per cent according to a report from SBI.

As against a budgeted goods and services tax (GST) target of Rs 5.86 lakh crore in 2020-21, collections have fallen by 21.2 per cent to Rs 4.62 lakh crore.

In states like Kerala and Uttar Pradesh, the report shows, revenue loss is in excess of 30 per cent.

Crypto Currency

India has become the second biggest Bitcoin nation in Asia, after China, and the sixth biggest in the world.

Daily Mains Mantra

GS2: Polity

  1. Discuss the significance of the Supreme Court judgement on software taxation in realignment of international customary law and India’s international tax policy. [Reference: Financial Express]

GS2: International Relations

  1. Geo-political intricacies at play in and around the West Asia region have huge significance and concern for India. Comment. [Reference: The Hindu]

GS2: Economy

  1. Amidst rising trade war and protectionism discuss the need of a national security shield while dealing with the inflow of FDI. [Reference: Indian Express]
  2. India needs a robust Foreign Trade Policy (FTP) that can support exporters and reverse the pandemic-induced economic downturn. In this context discuss the need of Inter linking policies on foreign trade, FDI and industry to support AtmaNirbhar strategy through exports. [Reference: Business Line]
Daily Practice Sheet