UPSC Daily Current Affairs

Opportunity Costs and Trade-offs:Simplifier

Jul 22, 2024

1. What is opportunity cost? Opportunity cost is the value of the next best alternative that must be given up when making a choice. It's what you sacrifice when you decide on one option over another. Example: A student in Mumbai deciding between pursuing an engineering degree or starting a small business. The opportunity cost of choosing engineering might be the potential income and experience from running a business. 2. What is a trade-off? A tr... Read More...

DIGITIZING INDIA’S HISTORICAL RECORDS: FAQs

Jul 22, 2024

WHAT IS THE DIGITIZATION PROJECT ABOUT? The National Archives of India (NAI) is undertaking the largest-ever exercise to digitize the country’s historical records, spanning over 250 years and comprising 34 crore pages. This project aims to preserve and make accessible invaluable documents for future generations. WHY IS DIGITIZATION IMPORTANT? Preservation Digitizing records helps protect them from physical deterioration, dama... Read More...

GOVERNOR IMMUNITY Under Art.361

Jul 22, 2024

WHAT IS THE ISSUE AT HAND? The Supreme Court of India is examining the validity of constitutional immunity granted to governors, particularly in cases involving allegations of sexual harassment. A staff member of the West Bengal Raj Bhavan has accused Governor CV Ananda Bose of sexual harassment. WHAT IS GOVERNOR IMMUNITY? Governors in India are granted immunity from prosecution during their term of office under Article 361 of the Constitution. This arti... Read More...

India's digital public infrastructure:Macroeconomic View

Jul 22, 2024

India's Digital Economy Journey 1. What is India's digital economy goal? India aims to become a $1 trillion digital economy by 2027-28. 2. When was the Digital India program launched? The Digital India program was launched in 2015. 3. What are some key components of India's digital public infrastructure? Key components include Aadhaar (digital ID... Read More...

INVESTMENT-LED VS CONSUMPTION-LED GROWTH IN INDIA TODAY

Jul 22, 2024

DEFINITIONS AND INTRODUCTION Investment-Led Growth Investment-led growth focuses on boosting economic growth through increased investments in infrastructure, industries, and capital assets. This approach aims to create jobs, enhance productivity, and build long-term economic capacity. Consumption-Led Growth Consumption-led growth relies on boosting consumer spending to drive economic growth. Increased... Read More...

Global IT outage:Blue Screen of Death

Jul 22, 2024

1. What happened: An anti-virus company called Crowdstrike released an update for its software called Falcon. This update caused major problems for computers running Windows around the world. 2. The impact: - Millions of computers displayed the "Blue Screen of Death" (a sign of a serious system error). - Many services and companies worldwide were affected, including airports, GPs, and pharmacies. - The problem was so ... Read More...

Natural rate of interest in an economy

Jul 22, 2024

1. What is the natural rate of interest? The natural rate of interest, also known as the neutral rate or r*, is the real interest rate that would keep the economy operating at full employment and stable inflation when it is at its long-run equilibrium. 2. How is the natural rate of interest determined? The natural rate is determined by long-term structural factors in the economy, including: - Productivity growth - Population growth -... Read More...

CREDIT GROWTH OUTPACING DEPOSIT GROWTH IN BANKS

Jul 22, 2024

WHAT IS CREDIT GROWTH? Credit growth refers to the increase in the amount of loans and advances provided by banks to businesses, individuals, and other borrowers over a specific period. WHAT IS DEPOSIT GROWTH? Deposit growth is the increase in the amount of money deposited by customers into their bank accounts over a specific period. This includes savings accounts, fixed deposits, and current accounts. W... Read More...

Enemy Property in India

Jul 22, 2024

Q: What is Enemy Property in India? A: Enemy Property refers to the properties left behind by individuals who migrated to China and Pakistan after the India-China war (1962) and India-Pakistan wars (1965, 1971) and took citizenship of those countries. These properties are under the custodianship of the Indian government. Q: How is Enemy Property managed in India? A: Under the Defence of India Act (1962) and the Enemy Property Act (1968), the Government of India acts as... Read More...

Union Public Service Commission (UPSC):Indian Constitution

Jul 22, 2024

Union Public Service Commission (UPSC) :Articles 315-323 of Part XIV, Chapter II of the Indian Constitution. Let's delve into the essence of each article: Article 315: Public Service Commissions for the Union and for the States This article mandates the establishment of a Public Service Commission (PSC) for the Union and a PSC for each state. It lays the foundation for the existence and functioning of these commissions. Article 316: Appointment and term of office of members This article outlines the process of appointing the chairman ... Read More...

DEFLATION AND DISINFLATION :SIMPLIFIER

Jul 22, 2024

Q: What is deflation? A: Deflation is when prices fall over time. This can happen if demand drops significantly or if there is an oversupply of goods and services. Read More...

LORENZ CURVE AND GINI INDEX

Jul 22, 2024

WHAT IS THE LORENZ CURVE? • Definition: The Lorenz Curve is a graphical representation of the distribution of income or wealth within a population. It shows the proportion of total income earned by various segm... Read More...

Indian Ocean humpback dolphin (Sousa plumbea)

Jul 20, 2024

1. Q: What species of dolphin has seen a population increase in Gujarat? A: The Indian Ocean humpback dolphin (Sousa plumbea). 2. Q: By how much has the dolphin population increased? A: The population has increased by 200%, from 221 in 2022 to 678 in 2024. 3. Q: What is the conservation status of these dolphins? A: They are classified as vulnerable by the International Union ... Read More...

Indian Ocean humpback dolphin (Sousa plumbea)

Jul 20, 2024

DARK WEB AND NATIONAL SECURITY

Jul 20, 2024

DEFINITIONS AND INTRODUCTION The Dark Web The dark web is a part of the internet that is not indexed by traditional search engines and requires specific software, such as Tor, to access. It is known for its anonymity and is often associated with illegal activities, including drug trafficking, arms sales, and illicit financial transactions. Terrorism Terrorism involves the use of violence or intimidation, particularly against civilians, to achieve political, religious, or ideological goals. Terr... Read More...