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  • 19 September 2018 | High Relevance vs Low Relevance News

    Reading News for UPSC is utmost important and rising number of questions year on year in UPSC Prelims is a testimony of this

    We are starting a daily series where we will analyze news covered in The Hindu, Indian Express and other newspapers which are important from exam perspective and which are not

    Important news would have been covered in our daily news coverage in form of newscards.

    Unimportant ones will be mentioned here and a short description regarding why it is not relevant for the exam

    Click on news headlines to read the full news

    High relevance news

    [pib] ‘e-Sahaj’ portal for grant of Security Clearance

    https://www.civilsdaily.com/news/pib-e-sahaj-portal-for-grant-of-security-clearance/

    Read about e Sahaj portal and national security clearance. Important for Prelims.

    [pib] New operational guidelines for Pradhan Mantri Fasal Bima Yojana (PMFBY)

    https://www.civilsdaily.com/news/pib-new-operational-guidelines-for-pradhan-mantri-fasal-bima-yojana-pmfby/

    Read about PMFBY. Becomes important in the context of the agricultural crisis in India and the need to protect farmers.

    [pib] C-DAC Information Media Server (CIMS)

    https://www.civilsdaily.com/news/pib-c-dac-information-media-server-cims/

    Read about CIMS and its applications. Can be asked in Prelims.

    [pib] Medical Cyclotron Facility Cyclone-30, Kolkata

    https://www.civilsdaily.com/news/pib-medical-cyclotron-facility-cyclone-30-kolkata/

    Know the details of the project and technical specifications. This type of questions are a common sight in Prelims.

    Low Relevance News

    Assam draft NRC: Supreme Court orders resumption of filing of claims, objections by 40 lakh left-out people

    The Supreme Court has ordered the resumption of filing of claims and objections by around 40 lakh people who were left out in the draft National Register of Citizens (NRC) of Assam

    Assam, which had faced an influx of people from Bangladesh since the early 20th century, is the only State having an NRC, which was first prepared in 1951

    No important points in the news except the above fact.

  • 18 September 2018 | Prelims Daily with Previous Year Questions

    Q.1) Which of the following international Protocol/Treaty deals with phasing out of Ozone depleting substances?

    a) Kyoto Protocol

    b) Montreal Protocol

    c) Geneva Protocol

    d) Kigali Agreement

    Inspired by: [pib] India first country in the world to develop Cooling Action Plan

    https://www.civilsdaily.com/news/pib-india-first-country-in-the-world-to-develop-cooling-action-plan/

     

    Q.2) Recently the India Cooling Action Plan (ICAP) was released by-

    a) NITI Aayog

    b) Ministry of Environment, Forest and Climate Change

    c) Bureau of Energy Efficiency

    d) Ministry of Commerce and Industry

    Inspired by: [pib] India first country in the world to develop Cooling Action Plan

    https://www.civilsdaily.com/news/pib-india-first-country-in-the-world-to-develop-cooling-action-plan/

    Q.3) With reference to the MPs Local Area Development Scheme (MPLADS), which of the given statements is/are not correct?

    1. It is a programme is funded and administered by Ministry of Home Affairs.
    2. It allots ₹5 crore per year to each Member of Parliament (MP) to be spent on projects of their choice in their constituency.
    3. This scheme doesn’t apply to the nominated members of both houses and Members of Rajya Sabha.

    Select the correct codes:

    a) All of the above

    b) 1 and 3

    c) 2 and 3

    d) Only 3

    Inspired by: CIC wants break-up of how MPLADS funds are utilized

    https://www.civilsdaily.com/news/cic-wants-break-up-of-how-mplads-funds-are-utilized/

    Q.4) Recently Kerala Tourism’s won the prestigious gold awards of the Pacific Asia Travel Association (PATA). In context to the PATA which of the following statements is/are correct?

    1. It is an autonomous arm of the UNESCO.
    2. The PATA Awards are presented to outstanding entries in the principal categories of Marketing; Education and Training; Environment, and Heritage and Culture.

    Select the correct codes:

    a) Both 1and 2

    b) Only 1

    c) Only 2

    d) None of the above

    Inspired by: Kerala Tourism bags coveted awards

    https://www.civilsdaily.com/news/kerala-tourism-bags-coveted-awards/

    Q.5) With reference to the shifting cultivation in India, which of the following pairs are correctly matched?

    1. Jhum – Assam
    2. Ponam – Kerala
    3. Podu – Odisha
    4. Bewar masha penda – Jharkhand

    Select the correct code:

    a) All of the above

    b) 1, 2 and 3

    c) 1 and 4

    d) 2 and 3

    Inspired by: NITI Aayog for clear policy on ‘jhum’ cultivation

    https://www.civilsdaily.com/news/niti-aayog-for-clear-policy-on-jhum-cultivation/

     

    For Solutions – Click Here

    Prelims Daily Archive – Click here

  • [Burning Issue] Environmental Performance Index 2018

    Why in News?

    India ranks 177 among 180 countries in the Environmental Performance Index 2018.

    A drop in the rank from the last index demands a relook at the country’s environmental policy.

    About Environmental Performance Index?

    1. It is a biennial report published by Yale and Columbia Universities in collaboration with the World Economic Forum.
    2. It ranks 180 countries based on 24 performance indicators.
    3. It is divided into 10 categories covering environmental health and ecosystem validity.
    4. Top rank in sustainability taken by Switzerland, followed by France, Denmark, Malta and Sweden in the recent EPI.

    India’s status

    1. India at the 177th place is one of the bottom 5 countries on the index.
    2. The 177th place is a drop of 36 points from 141 in 2016.
    3. Emerging economies like Brazil and China ranks at 69 and 120.
    4. India is at the bottom of the environmental health category.
    5. In terms of air quality, India is at third last.
    6. Poor performance in the environmental health policy and high pollution-related deaths are the major factors in the overall drop.
    7. Other major causes include pollution from solid fuels, coal and crop residue burning and emissions from motor vehicles.
    8. Increasingly degrading air quality in India is attributed to the growth in population, industrial production, and automotive transportation.

    Concerns

    Health

    1. Air quality is the leading environmental threat to public health
    2. Over the past decade, the deaths due to a large rise in ultra-fine PM 2.5 particles in the country.
    3. An estimated 1.4 million premature deaths in India is due to Air pollution.

    Economy

    1. Health impacts cause a serious loss in welfare equivalent to about 8% of GDP in 2013.
    2. The cost of labor productivity became 1.8% of GDP.
    3. Environmental degradation particularly affects the poor and further degrades their standard of living.

    Measures taken

    Over the past few years, the government has set some ambitious targets for environmental protection as follows

    1. Strict environmental standards for coal-fired power plants.
    2. Bharat Stage VI emission norms to be implemented from April 1, 2020.
    3. Initiatives to manufacture and sell electric vehicles in the country by 2030.
    4. Revision of National Solar Mission.
    5. Encouraging transition to renewable energy.
    6. The target for solar capacity revised from 20GW to 100 GW by 2022.
    7. Target to clean highly polluted Ganga by 2018.

    Challenges

    1. There is a huge gap between policy goals and enforcement.
    2. On solar targets, India seems to be moving in the right path. However, balancing it with other goals is seriously lacking.
    3. For example,
    • The government has relaxed its promise of implementing strict power plant emission norms by December 2017.
    • The 30% annual E-waste collection target by manufacturers has been relaxed to 10%.
    1. The automobile industry has stated that full conversion to electric vehicles is possible only by 2047 which is in contrast to the government’s targets.
    2. In the clean Ganga initiative, there have been delays in creating an action plan and lack of proper fund utilization.

    Way forward

    1. In order to address the environmental problems, there is a need to recognize the environmental costs of development.
    2. Subsidies shall be given in order to accelerate the transition to renewable, particularly solar energy.
    3. More polluting fuels should be priced higher.
    4. The environmental standards for coal power plants should be strict.
    5. Petrol and Diesel should be priced higher in order to aid the transition to electric vehicles.
    6. More political will is required to effectively implement the existing environmental laws and regulations.
    7. Considering India’s poor performance in the index, the government should take forward the environmental targets seriously.

    Practice question

    1. “India’s performance in the recent Environmental Performance Index was poor”. Discuss various reasons for the same and suggest suitable measures to improve India’s ranking.
  • 18 September 2018 | High Relevance vs Low Relevance News

    Reading News for UPSC is utmost important and rising number of questions year on year in UPSC Prelims is a testimony of this

    We are starting a daily series where we will analyze news covered in The Hindu, Indian Express and other newspapers which are important from exam perspective and which are not

    Important news would have been covered in our daily news coverage in form of newscards.

    Unimportant ones will be mentioned here and a short description regarding why it is not relevant for the exam

    Click on news headlines to read the full news

    High relevance news

    [pib] India first country in the world to develop Cooling Action Plan

    https://www.civilsdaily.com/news/pib-india-first-country-in-the-world-to-develop-cooling-action-plan/

    Read about ICAP and India’s effort in controlling global warming. Important for Prelims.

    CIC wants break-up of how MPLADS funds are utilized

    https://www.civilsdaily.com/news/cic-wants-break-up-of-how-mplads-funds-are-utilized/

    Read about the MPLADS scheme for Prelims. How it has not been a success can be a topic for Mains.

    NITI Aayog for clear policy on ‘jhum’ 

    https://www.civilsdaily.com/news/niti-aayog-for-clear-policy-on-jhum-cultivation/

    Jhum cultivation and other types of shifting cultivation can be asked in Prelims along with the areas in which they are practised.

    Low Relevance News

    India urges Pakistan to create conducive environment for talks

    India has urged Pakistan to create a ‘conducive’ environment for restarting dialogue

    No important points in the news from the exam perspective

     

  • 17 September 2018 | Prelims Daily with Previous Year Questions

    Q.1) In context to the HIV estimation in India, consider the following statements:

    1. The first round of HIV estimation in India was done in 1998.
    2. NACO undertakes HIV estimations biennially in collaboration with the Indian Council of Medical Research (ICMR).

    Which of the given statements is/are correct?

    a) Only 1

    b) Only 2

    c) Both 1 and 2

    d) None of the above.

    Inspired by: NACO releases HIV Estimations 2017 report

    https://www.civilsdaily.com/news/naco-releases-hiv-estimations-2017-report/

    Q.2) Which of the following statements about India’s first underwater robotic drone EyeROV Tuna, is NOT correct?

    a) It is developed by Naval Physical and Oceanographic Laboratory (NPOL) of DRDO.

    b) It can be easily accessed and controlled with the supporting attached and connected hardware such as laptops and joysticks.

    c) It can be navigated up to a depth of 50 metres to take real-time HD video images to examine ship hulls or undersea cables or bridge moorings.

    d) It weighs less than 10 kilogram and can be used for inspection of ship hulls, ports, dams and nuclear power plants.

    Inspired by: EyeROV TUNA: India’s first Underwater Robotic Drone

    https://www.civilsdaily.com/news/eyerov-tuna-indias-first-underwater-robotic-drone/

     

    Q.3) With reference to the Biochemical Oxygen Demand (BOD) consider the following statements:

    1. It is the amount of dissolved oxygen required by aerobic biological organisms to break down organic material present in a given water sample.
    2. It is most commonly expressed in litres of oxygen.

    Which of the given statements is/are correct?

    a) Only 1

    b) Only 2

    c) Both 1 and 2

    d) None of the above

    Inspired by: More river stretches are now critically polluted: CPCB

    https://www.civilsdaily.com/news/more-river-stretches-are-now-critically-polluted-cpcb/

     

    Q.4) Prolonged consumption of fluoride-contaminated water leads to dental and skeletal fluorosis. With reference to the fluorosis, which of the given statements is/are correct?

    1. Consumption of water having fluoride content above 1.5 mg per litre is considered dangerous to health.
    2. Mottled teeth and crippled backbone and limbs are manifestation of the disease.
    3. Presently there is no medication available against fluorosis but phasing out the use of excess fluoride polluted water can be done.

    Select the correct codes:

    a) All of the above

    b) 1 and 2

    c) 2 and 3

    c) Only 3

    Inspired by: Many Odisha schoolchildren hit by fluoride contamination

    The Hindu

    Q.5) With reference to the Chiller Star Labelling Program, consider the following statements:

    1. It has been formulated by Ministry of New and Renewable Energy.
    2. It will promote advancement technology for central HVAC (Heating, ventilation, and air conditioning) systems to improve energy efficiency.

    Which of the given statements is/are correct?

    a) Both 1 and 2

    b) Only 1

    c) Only 2

    d) None of the above.

    Inspired by: Power Ministry launches ambitious program on energy efficiency in Chillers

    Press Information Bureau

     

    For Solutions – Click Here

    Prelims Daily Archive – Click here

  • [Burning Issue] Draft Space Activity Bill 2017

    Why in News?

    1. Recently, India’s draft space activity bill, 2017 was unveiled
    2. It aims at promoting and regulating the space activities in India
    3. The legislation is expected to encourage both public and private players to participate in India’s space programme.

    Why is there a need for a space law?

    1. Currently, space activities are regulated by policies like Satellite communication policy, 2000 and Remote Sensing Data Policy, 2011. But there is a need for the proper legal environment for orderly performance and growth of the space sector.
    2. Nations such as the USA, Russia, UK, etc. have their own space legislation. Even China and Japan are in the process of formulating their own domestic space legislation.
    3. Earlier, ISRO was the sole player in the space sector. However lately, there have been many start-ups mushrooming in this sector, which calls for a regulatory mechanism and legislation to govern their activities.
    4. Furthermore, the demand for Indian space products has been growing both in the country and outside the country. So it is necessary to include Indian industry and service providers in space activities under the technical guidance of the Department of Space (DOS) and the growth of the Indian space sector.
    5. A legislation is required as India is obligated to UN outer space treaties which require signatories to have a national legislation in place.

    What are the key features of the bill?

    1. The provisions would be applicable to all citizens and also to those sectors which are engaged in space activity either inside or outside the country.
    2. It provides for the grant of a non-transferrable license to those people engaged in commercial space activity.
    3. It provides for the appropriate mechanisms for licensing, eligibility criteria and fees for the license.
    4. Union government will have to maintain a register of space objects that are launched or to be launched around the earth.
    5. It provides for technical support in order to facilitate commercial space activity.
    6. It also provides for regulatory procedures for conduct and operation of space activity.
    7. It provides for restrictions in sharing of details regarding the pricing of products created through space activity with any person or agency.
    8. It provides for punishment for persons involved in illegal commercial space activities with imprisonment up to 3 years or fine more than Rs 1 crore or both
    9. It also has provisions for the protection of IPR created through space activity.

    Arguments favouring the bill

    1. Definition: The bill clearly defines space players, licenses, violations, objects, people, and geography. It is also proposed to define detailed guidelines in consultation with stakeholders and industry bodies.
    2. Promotion: The bill encourages non-governmental players to take the risk and invest in space activities in India. This will make India a commercial hub for space activities and generate jobs in the country.

    Arguments against the bill

    1. Clarity: Experts have criticized the bill for its lack of clarity on the use of space objects.
    2. Regulation: It gives arbitrary power to the government for monitoring the research activities. This would scare away international investors from investing in the space sector of India.
    3. Liability: The bill made the government non-liable for any harm caused by the commercial activities by the non-governmental players in space even though the government gives clearance for their involvement in the space activities.

    Way forward

    The bill is a welcome step in promoting the space sector. But to enable competitive ecosystem in the space sector there is a need to conduct a review of international best practices in managing the space value chain and inducting them within the Act.

  • 15 September 2018 | Prelims Daily with Previous Year Questions

    Q.1) Gir, Sahiwal, Rathi, Deoni, Tharparkar and Red Sindhi are indigenous breeds of which of the following animals?

    a) Camel

    b) Buffalo

    c) Cattle

    d) Goat

    Inspired by: [pib] Dairy Processing & Infrastructure Development Fund (DIDF)

    https://www.civilsdaily.com/news/pib-dairy-processing-infrastructure-development-fund-didf/

    Q.2) National Scholarships Portal is one-stop solution through which various services starting from student application, application receipt, processing, sanction and disbursal of various scholarships to Students are enabled. With reference to the National Scholarship Portal, which of the given statements is/are correct?

    1. The Portal is initiated by Ministry of Minority Affairs.
    2. It provides gateway to various ministries scholarship initiatives.
    3. All the scholarships are given directly into the bank accounts under Direct Benefit Transfer (DBT) mode through this portal.

    Select the correct codes:

    a) 1 and 2

    b) 2 and 3

    c) 1 and 3

    d) All are correct.

    Inspired by: National Scholarship Portal mobile app launched by Union Minority Affairs Ministry

     

    https://www.civilsdaily.com/news/national-scholarship-portal-mobile-app-launched-by-union-minority-affairs-ministry/

    Q.3) With reference to India’s first indigenous Nuclear medical kit developed by INMAS (Institute of Nuclear Medicine and Allied Sciences), which of the given pairs is/are correctly matched?

    1. Amifostine injection- Limits gamma radiation
    2. EDTA injection- Uranium trapping in blood
    3. Prussian blue tablets- Prevents Radioactive Poisoning

    Select the correct Codes:

    a) All are correct

    b) 1 and 2

    c) 2 and 3

    d) Only 3

    Inspired by: INMAS develops India’s first indigenous anti-nuclear medical kit

    https://www.civilsdaily.com/news/inmas-develops-indias-first-indigenous-anti-nuclear-medical-kit/

    Q.4) The Swayangsiddha Initiative against Human Trafficking is an initiative of which of the following States?

    a) Bihar

    b) Chhattisgarh

    c) West Bengal

    d) Odisha

    Inspired by: Bengal scheme to combat human trafficking

    https://www.civilsdaily.com/news/bengal-scheme-to-combat-human-trafficking/

    Q.5) Acropora, Favia and Pocillopora  are species of-

    a) Corals found in Gulf of Mannar and Lakshadweep Islands

    b) Parasites feeding on Corals

    c) Sea Weed

    d) Medicines obtained from Corals

    Inspired by: Researchers dive in to restore coral ecosystems

    The Hindu

     

    For Solutions – Click Here

    Prelims Daily Archive – Click here

  • 17 September 2018 | High Relevance vs Low Relevance News

    Reading News for UPSC is utmost important and rising number of questions year on year in UPSC Prelims is a testimony of this

    We are starting a daily series where we will analyze news covered in The Hindu, Indian Express and other newspapers which are important from exam perspective and which are not

    Important news would have been covered in our daily news coverage in form of newscards.

    Unimportant ones will be mentioned here and a short description regarding why it is not relevant for the exam

    Click on news headlines to read the full news

    High relevance news

    More river stretches are now critically polluted: CPCB

    https://www.civilsdaily.com/news/more-river-stretches-are-now-critically-polluted-cpcb/

    Revisit environment book/notes and read about BOD, COD and related concepts. Can be asked in Prelims.

    Indigenous anti-tank missile test-fired

    https://www.civilsdaily.com/news/indigenous-anti-tank-missile-test-fired/

    Read about MPTAGM. Important for Prelims.

    EyeROV TUNA: India’s first Underwater Robotic Drone

    https://www.civilsdaily.com/news/eyerov-tuna-indias-first-underwater-robotic-drone/

    Such Science & tech innovations are a common sight in Prelims. Remember the details.

    Low Relevance News

    3,400 centres to aid in practice tests

    Union HRD Minister has inaugurated a network of 3,404 Test Practice Centres (TPCs) spread across the country to help students get familiar with the pattern of competitive exams to be conducted by the newly established National Testing Agency (NTA)

    No important points in the news from the exam perspective

  • [Burning Issue] DBT in the Power Sector

    Why in News

    Recently, the Union and State governments agreed to implement the direct benefit transfer (DBT) scheme in the power sector for better targeting of electricity subsidies.

    Key features

    1. Under the scheme, electricity will be provided to consumers at market rates and those eligible get the subsidy amount directly in their bank accounts.
    2. The cash payment under DBT will be equivalent to the level of payment announced by the state government for per unit of electricity consumption.
    3. The state would decide the subsidy based on average consumption data of a particular set of consumers.
    4. It is to be first launched under a pilot project and the full launch by 2019 when state discoms cleared their losses and started generating profit under UDAY.
    5. To make discoms more responsive, any disruption in electricity will be penalized after March 2019.
    6. For achieving efficiency and reduce losses, 100% metering will be done and there will be no human interface in consumer sides such as metering, billing, and collections.

    Need for DBT in the power sector

    1. India’s electricity distribution sector has been facing huge loss over the years even after the launch of UDAY (Ujwal Discom Assurance Yojana).
    2. Currently, discoms provide subsidy by the cross-subsidization method. Cross-subsidization is done by subsidizing the electricity tariff of households while keeping the tariff for commercial and industrial consumers high.
    3. People who are capable of paying the tariff benefits from cross-subsidization, but people who can’t pay (small business) are affected due to high electricity costs. Hence, DBT would solve the problem by direct targeting.
    4. India’s per capita power consumption is around 1200 kilowatt-hour (kWh) which is among the lowest in the world. The government has the vision to provide 24×7 power to all by 2019. So power leakage and inefficient distribution shall be minimized with DBT and provide power to all households particularly those who lack.
    5. In 2016, NITI Aayog recommended launching DBT in power distribution.

    Benefits

    1. DBT in power sector will result in better targeting of subsidies without any leakages and delays.
    2. It will result in savings to the government exchequer.
    3. The tariff rationalization under the proposed reforms would help discoms escape from losses and recover input costs.
    4. It would result in the development of small industries who were earlier affected by cross-subsidization.

    Challenges

    1. Unless metering is done at the lowest levels (backward and rural areas), the power sector will not survive.
    2. DBT is done through Aadhaar. However, the biometric authentication of poor people has not complete.
    3. There is also the need to remove the ghost beneficiaries.

    Way forward

    DBT in the power sector is a welcome move which would help India achieve 24×7 power for all target. However, the implementation should also be effective in ensuring the success of this scheme with proper monitoring, prompt payments, grievance redressal mechanisms for non-payments or delayed payments, removing ghost beneficiaries etc.

    Practice questions

    Do you think that the Direct Benefit Transfer (DBT) in the power sector would help the government in achieving the 24×7 power for all target? Critically examine.

  • 14 September 2018 | Prelims Daily with Previous Year Questions

    Q.1) Recently the ‘Exporting Corruption Report’ 2018 was released by-

    a) IMF

    b) Transparency International

    c) UN Convention Against Corruption (UNCAC)

    d) Global Organization of Parliamentarians Against Corruption (GOPAC)

    Inspired by: India among nations with ‘no or little enforcement’ against foreign bribery: Report

    https://www.civilsdaily.com/news/india-among-nations-with-no-or-little-enforcement-against-foreign-bribery-report/

     

    Q.2) Consider the following statements with respect to the Distributed Ledger?

    1. A distributed ledger is a database that is consensually shared and synchronized across network spread across multiple sites, institutions or geographies.
    2. It allows transactions to have public “witnesses,” thereby making a cyberattack more difficult.

    Which of the given statements is/are correct?

    a) Only 1

    b) Only 2

    c) Both 1 and 2

    d) None of the above

    Inspired by: [pib] Cabinet approves MoU on Collaborative Research on Distributed Ledger and Block Chain Technology under BRICS Interbank Cooperation Mechanism

    https://www.civilsdaily.com/news/pib-cabinet-approves-mou-on-collaborative-research-on-distributed-ledger-and-block-chain-technology-under-brics-interbank-cooperation-mechanism/

    Q.3) With reference to the United Nations Interagency Task Force (UNIATF) consider the following statements:

    1. UNIATF works under the WHO.
    2. It aims for the prevention and control of communicable diseases and epidemics.
    3. It reports once a year to the United Nations Economic and Social Council (ECOSOC).

    Which of the given statements is/are correct?

    a) 1 and 2

    b) 2 and 3

    c) 1 and 3

    All are correct.

    Inspired by: [pib] UN Interagency Task Force (UNIATF) Award

    https://www.civilsdaily.com/news/pib-un-interagency-task-force-uniatf-award/

    Q.4) The District Disability Rehabilitation Centre (DDRC) for comprehensive services to Divyangjans is an initiative of-

    a) Ministry of Skill Development and Entrepreneurship

    b) Ministry of HRD

    c) Ministry of Social Justice and Empowerment

    d) Ministry of Health and Family Welfare.

    Inspired by: [pib] National Conference of District Disability Rehabilitation Centres

    https://www.civilsdaily.com/news/pib-national-conference-of-district-disability-rehabilitation-centres/

    Q.5) Basel guidelines refer to broad supervisory standards formulated by the groups of central banks – called the Basel Committee on Banking Supervision (BCBS) of the Bureau of International Settlement (BIS).

    With reference to the Basel Norms, which of the following pairs are correctly matched?

    1. Basel I- Risk Weighted Assets (RWA)
    2. Basel II- Capital Adequacy Requirements
    3. Basel III- Prompt Corrective Actions

    Select the correct codes:

    a) 1 and 2

    b) 2 and 3

    c) 1 and 3

    d) All are correct

    Inspired by: [op-ed snap] How Basel III plugged regulatory loopholes

    https://www.civilsdaily.com/news/op-ed-snap-how-basel-iii-plugged-regulatory-loopholes/

     

    For Solutions – Click Here

    Prelims Daily Archive – Click here