Daily Practice Sheet 31 January 2022

  • January 31, 2022
  • Posted by: OptimizeIAS Team
  • Category: DPS
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Daily Practice Sheet

31 January 2022

 

Daily Prelims Topic

  • Economic Survey 2021-22
  • India – Oman ties
  • Stagflation
  • IndEA 2.0
  • Bomb Cyclone
  • Nord Stream Pipeline
  • DLI Scheme

Daily Constitution

DPSP Part IV

Article 39 (c) states: The State shall, in particular, direct its policy towards securing — (c) that the operation of the economic system does not result in the concentration of wealth and means of production to the common detriment

Daily Facts

  • During the novel coronavirus pandemic, the report reveals, more than half the world’s new poor are from India; 84% Indian households have suffered a loss of income, with 4.6 crore people falling into extreme poverty. In this period, the richest 142 people have more than doubled their wealth to more than ₹53 lakh-crore.
  • Oxfam says the combined wealth of India’s 142 billionaires has increased by a massive ₹30 lakh-crore, in just the pandemic period

Agriculture:

  • Investment in agri-R&D brings five to 10 times higher returns in terms of agri-GDP or even poverty alleviation than the same amount spent through, say, fertiliser subsidies- ICRIER

Daily Mains Mantra

GS 2: Polity

  1. Many State Governments further bifurcate geographical administrative areas like Districts and Talukas for better governance. In light of the above, can it also be justified that more number of smaller States would bring in effective governance at State level? [Reference: Indian Express] 
  2. Can creation of smaller districts lead to better and effective governance? [Reference: Indian Express]

GS 3: Economy

  1. Critically examine the effectiveness of agri subsidy. Do they really help small and marginal farmers? [Reference: Indian Express]
  2. Examine the subsidy vs investment debate in the context of agriculture. [Reference: Indian Express] (Question of the Day)
  3. What do you understand by equity? How can economic policy help achieve this?

GS 4: Ethics

  1. What do you understand by conscience keeper? Explain with example. [Reference: Indian Express]
  2. What is courage? [Reference: Indian Express]
Daily Practice Sheet