02 Apr, 2020

  • Centre defines J&K Domicile Rules (Polity & Governance) (New Domicile Rules, The J&K Reorganisation Order, 2020)
  • RBI relaxes Export & Ways and Mean Advances Rules (Economy) ( Including Ad hoc and Treasury Bills)
  • Thinking National, Acting Local Article (Polity & Governance) (Financial powers of NITI Aayog )
  • The Battle to set Oil Prices Article (International Relations) (Energy War between Russia, Saudi Arabia and USA)
  • Indian Defence Export & Import - SIPRI (Defence) (SIPRI report, Decline in Import & Increase in Export of defence equipment)
  • Summary for Prelims
  • Question for the Day

Prelims Quiz

    Solution.

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    • Total Attempted 0
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    Description

    CENTRE DEFIES J&K DOMICILE RULES

    The term “Permanent Resident” as per Artcile35A has been replaced by “Domicile of Union territory of Jammu and Kashmir” as per an order of Ministry of Home Affairs.

    • Jammu and Kashmir Reorganization (Adaptation of State Laws) Order, 2020
    • Section 3A - Domicile for purposes of appointment to any service in Union territory of Jammu and Kashmir

     

    WAYS AND MEANS ADVANCES

    The RBI has announced more set of measures in order to mitigate the economic impact of COVID-19 outbreak on Indian Economy

    • Review of the Ways and Means Advances for States/ UTs
    • Extension of realisation period of export proceeds

     

    CHALLENGES WITH PLANNING IN INDIA

    The Indian Economy has been severely impacted due to outbreak of COVID-19. In order to reduce the mitigate the economic impact, there is a need for strong, effective and coordinated national level planning. However, this article argues that National level planning through NITI Aayog faces number of constraints and challenges, due to which we may not able to effectively mitigate the impact of COVID-19.

    • Lack of Long-term Planning
    • Growing Debate on whether NITI Aayog be empowered to allocate the Finances?
    • Delineating the role of NITI Aayog in Centre-State Relations
    • Lack of Integrated and Systems view of Economy

     

    DECLINE IN INTERNATIONAL CRUDE OIL PRICES

    Recently the failure of OPEC+ deal to lower the production has led to oil prices crashing to all-time low since 1991 to around $22-$23 a barrel from 65$ in December 2019.

    • OPEC+ Deal
    • Failure of the deal
    • Reasons for Russia to withdraw
    • Impact on Importing Countries like India

     

    IMPORT AND EXPORT OF DEFENCE GOODS      

    Various important trends with respect to Defence sector have emerged from a report by Stockholm International Peace Research Institute (SIPRI) which covers the period between 2009-13 and 2014-18

    • How Make in India impacted Defence imports?
    • Main takeaways from these trends

     

    Comments

    Asha Kumari Meena 8 months ago

    Sir, 

    The answer of question related to Domiciles of Jammu and Kashmir seems be wrong.

    Kindly review.

    Thanks

    Kirti Bhargava 8 months ago

    Please review the answer to Q4. 

    Omckhar Tambiie 8 months ago

    Q4 mcq plz check it again

    Abhishek . 8 months ago

    Plz review 

    saranraj 8 months ago

    Review question 4 sir ...the years in the options were swaped so the answer should be 3 only.

     

    K Pushpendu Prashant 8 months ago

    Thanks :)

    Hamna 8 months ago

    With regard to question 4 : if a person who studied for 7 years and attended 10th and 12th exam can be eligible, why not a person who studied for 15 years and attended 10th and 12th exam in an educational institution in J&K be eligible ?? After all 7 years is a minimum period right? More than 7 years won't be considered as ineligiblity anyway.

    Moin Akhtar 8 months ago

    Thanks :)

    Akash Jindal 8 months ago

    Error in code

     

     

    Satish Kumar Baddiri 8 months ago

    Question 4 please clarify

    Praveen kumar k 8 months ago

    Need 4 q ans review 

    Dharmendra Kumar 8 months ago

    Q no 4 ans both 1&2