Daily Practice Sheet 17 January 2021
- January 17, 2021
- Posted by: admin1
- Category: DPS
Daily Practice Sheet 17 January 2021
All 6 Prelims qualified
4 CSE Mains qualified
If I can do it, you can too
Daily Prelims Topic
- Consultative Committee of Parliament
- Contempt Jurisdiction of the Supreme Court
- 3. PM CARES fund
- Startup India Seed Fund
- Net metering
- Zero Coupon Bond
- National Investigation Agency (NIA) and Right to Protest
- Trans Fats
- Hong Kong
- Sabarmati, Mahisagar, Narmada, Vishwamitri and Bhadar rivers in Gujrat
- 44 per cent recognized startups have women directors and number of women working in these start up is very high
- 45 per cent startups are in tier 2 and tier 3 cities, working as the brand ambassadors of the local products
- In 2014 only 4 Indian startups were in the ‘unicorn club’ now, more than 30 startups have crossed the 1 billon mark
- 11 startups entered the ‘unicorn club’ in 2020 during the Corona time
Source: PM at Prarambh: Start-up India International Summit
Daily Mains Mantra
GS 2: Polity
- What is contempt of court? Discuss how sometimes the exercise of this power compromises on even fair criticism of judiciary. Do we think 70 year after independence do we still need it? [Reference: Indian Express]
GS 2: IR
- Current geopolitical flux in world could gravitate towards a bipolar global order where the US and China are two poles. Critically examine. Also, what is your opinion on what should be India’s approach to two countries in such a situation? [Reference: Indian Express]
First define Bipolar world Order. Than in first part of question start with the indications for bipolar world order. Than discuss why it can’t be said to be bipolar world order. In second part discuss India’s strategy in current flux.
Bipolar world order is a system in which the global economic, military and cultural influence is largely shaped by two antagonistic states. World is witnessing geopolitical flux with assertiveness of China challenging current multilateral world with USA enjoying power of supremacy.
World moving towards bipolar world order:
USA and China are seen as two major powers with the control over economic, military, political (share in global institutions and bilateral relations). But this rise of China has seen rising conflict between two powers. For ex (explain each of these)
- Trade conflict (Write a line about it)
- Theatre of war in South China sea
- Concept of Indo-Pacific as place of new war games
- Technological war for supremacy
- Other powers aligning with one or other (Ex- Russia strategic partnership with Chin; QUAD)
World is not in bipolar:
- Cold war construct: Current world order is not ideologically divided as in cold war. Most major economies today have adopted liberalism for economy (political system might differ).
- Multilateralism: India, Japan, Russia, Germany, UK etc. and grouping like BRICS, G20 etc have significant power and role in current world order.
- USA still supreme economically and militarily: USA’s economy and defence budget is far superior. Ex- Defence budget of USA is almost 4-times that of China.
- Russia still a major player: Russia still has major role w.r.t geopolitics and its defence advancement. At the same time it not only has concerns with USA, but also long-term border issues with China.
- Global governance: World has evolved since 1945 and today global institutions in spite of challenges play a major role like WHO, WTO, UNSC etc.
India’s approach to current geopolitical flux:
- Foreign policy determined by national interest and not sentimentalism. Ex- Following groupings like QUAD which could benefit by exerting pressure on China
- Strategic autonomy: Fine balance of relationship between USA-Russia, USA-China.
- Complex interdependence: Ex- China is still an important trade partner (e.g. API for pharmaceuticals, electronic, solar industry) and thus needs to follow negotiations to ensure peace on border, while preparing for its defence simultaneously.
- Multilateralism: Current challenge can be met by multilateralism from forms like ASEAN, UN, WTO with India taking a lead by playing role of peace maker between parties.
- Net security provider in Indian Ocean region with support of like-minded countries which has become arena of conflict in recent times.
Current geopolitical flux is a big challenge with conflict rising between USA and China. Yet, it can’t be said to be bipolar world order as context and realities are different.
GS 3: Economy
- What is “Bad bank concept” sometimes seen as way to address NPAs of Banks? Examine benefit it offers and challenges it may encounter in Indian financial reforms to address NPAs. [Reference: Indian Express]
- What do you understand by start-ups in Indian context? Bring out their role in disruption and diversification capacity to propel India towards equity and growth. (Press Information Bureau (pib.gov.in))
- What is revenue and capital expenditure? In context of Covid-19 forcing governments to go for higher fiscal deficit discuss need for expenditure reforms in India and direction it should take. [‘Refine quality of expenditure to aid fiscal sustainability’ – The Hindu]
GS 3: Science
- What are Transfats? Why are they considered bad for our health? Discuss strategies to regulate it. [Reference: The Hindu]