Daily Practice Sheet 1 June 2020
On this day
This day is celebrated as World Milk Day. This is year’s theme is celebrating 20th anniversary of World Milk Day.
Daily Facts
FDI:
The total Foreign Direct Investment (FDI) inflow into India grew 18 per cent in 2019-20 to $73 billion.The total FDI has doubled since 2013-14 from $36 billion to $73 billion now.
Oil:
India consumes around 500,000 barrels of crude oil every day. Of that, it imports (approximately) 450,000 barrels per day, making it the third-largest crude market in the world. Every month, on average, 70 loaded VLCC (very large crude carriers), accounting for 10% of the global tanker market of 700 ships, bring crude oil to India. Approximately 60% of this oil is discharged in and around the Jamnagar area, and then carried by pipelines to the refineries in Jamnagar, Mathura, Panipat, Bina and Bhatinda. And 50% or so is sourced from Saudi Arabia, Kuwait, Abu Dhabi, Iran and Iraq.
Daily Mains Mantra
GS 1: Geography
- Discuss the phenomenon of cyclone? [Reference: Hindustan Times]
GS 2: Governance
- Make a case for Urban MNREGA [Reference: The Hinhu Business Line]
- What do you understand by Universal Basic Income? Do you think it is the right time to introduce Universal Basic Income in India? [Reference: The Hinhu]
GS 2: IR
- Critically discuss the relevance of G7? Do you think it needs to be expanded? [Reference: Indian Express]
GS 3: Economy
- Foreign direct investment or FDI is an important factor that facilitates economic development of a country. Discuss [Reference: FDI]
- What do you understand by AatmaNirbharBharat. Do you agree with opinion that it will lead to INDIGENISATION of technology and production? [Reference: Hindustan Times]
- What do you understand by tax havens? How to they help in round tripping? [Reference: Business Standard]
GS 4: Ethics