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Type: Prelims Only

  • Capital Markets: Challenges and Developments

    SEBI board approves amendment to Mutual Funds rules

    Prelims Only | Economics | Mains Paper 3: Indian Economy

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Mutual Funds and its regulations

    Mains level: NA

    Why in the news?

    • The Securities & Exchange Board of India (SEBI) has recently approved amendments to SEBI (Mutual Funds) Regulations, 1996, aimed at enhancing the regulatory framework for Asset Management Companies (AMCs).
      • These amendments mandate AMCs to establish institutional mechanisms to deter potential market abuse, including front-running, following recent instances observed by the market regulator.

    What are Mutual Funds?

    • A mutual fund is a pool of money managed by a professional Fund Manager.
    • It is a trust that collects money from a number of investors who share a common investment objective and invests the same in equities, bonds, money market instruments and/or other securities.
    • And the income / gains generated from this collective investment is distributed proportionately amongst the investors after deducting applicable expenses and levies, by calculating a scheme’s “Net Asset Value” or NAV.
    • SEBI regulates mutual funds through the SEBI (Mutual Funds) Regulations, 1996.

    Categories of Mutual Funds:

    1. An actively managed fund is a mutual fund scheme in which the fund manager “actively” manages the portfolio and continuously monitors the fund’s portfolio, deciding on which stocks to buy/sell/hold and when, using his/her professional judgement, backed by analytical research.
    2. A passively managed fund, by contrast, simply follows a market index, i.e., in a passive fund , the fund manager remains inactive or passive inasmuch as, he/she does not use his/her judgement or discretion to decide as to which stocks to buy/sell/hold , but simply replicates / tracks the scheme’s benchmark index in exactly the same proportion.

    Fund Structure

    • Mutual funds in India operate under a three-tier structure, comprising the
    1. Asset Management Company (AMC),
    2. Trustees, and
    3. Custodians.
    • The AMC manages the fund’s investments, the Trustees oversee the operations, and the Custodians safeguard the fund’s assets.

    Key highlights of the recent update:

    • Institutional Mechanism: AMCs are required to implement enhanced surveillance systems, internal controls, and escalation processes to identify and address specific types of misconduct, such as front-running, insider trading, and misuse of sensitive information.
    • Whistleblower Mechanism: To foster transparency, AMCs are mandated to have a whistleblower mechanism.
    • Recording of Communication: SEBI has exempted face-to-face interactions during market hours from the requirement of recording all communication by dealers and fund managers. This exemption will be effective upon the implementation of the institutional mechanism by AMCs.
    • Prudential Norms for Passive Schemes: SEBI has streamlined prudential norms for passive schemes, allowing equity passive schemes to invest up to the weightage of constituents in the underlying index, subject to a 35% cap on investment in sponsor group companies.

    PYQ:

    [2014] What does venture capital mean?

    (a) A short-term capital provided to industries

    (b) A long-term start-up capital provided to new entrepreneurs

    (c) Funds provided to industries at times of incurring losses

    (d) Funds provided for replacement and renovation of industries

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  • Tribes in News

    Chin-Kuki-Zo Tribes: Backdrop of Ethnic Conflict in Manipur

    Prelims Only | Trivia | Mains Paper 1: Population & Associated Issues

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Chin-Kuki-Zo Tribes

    Mains level: NA

    Why in the news?

    Manipur CM took it to social media where he alleged an “unnatural growth” in the population of the “Chin-Kuki-Zo” tribes in the state, posing a perceived threat to indigenous communities and national security.

    About Chin-Kuki-Zo Tribes

    Chin Tribe Kuki Tribe Zo Tribe
    Ethnic Composition Major ethnic group in Myanmar’s Chin State; known for distinct customs and language. Heterogeneous group in Northeast India; recognized for diverse subtribes. Diverse ethnic group in Northeast India, Myanmar, and parts of Bangladesh.
    Geographical Distribution Primarily in Myanmar’s Chin State; significant populations in Indian states like Mizoram. Mainly in Northeast India; also found in Chin State, Myanmar. Inhabits Northeast India, particularly Mizoram and Manipur; also in parts of Myanmar and Bangladesh.
    Language Chin language, part of Kuki-Chin subgroup of Tibeto-Burman family. Kuki-Chin languages; various dialects with distinct variations. Mizo-Kuki-Chin languages; different dialects within Tibeto-Burman family.
    Culture and Traditions Vibrant music, dance, festivals; celebrates Chin National Day. Rich oral traditions, folk music; celebrates festivals like Chavang Kut. Rich oral literature, vibrant festivals; celebrates Chapchar Kut and Mim Kut.
    Livelihood Historically practiced subsistence agriculture; now diversified livelihoods. Historically practiced shifting (Jhum) cultivation; now engaged in various occupations. Historically practiced shifting (Jhum) cultivation; now diverse livelihood patterns.
    Religion Predominantly Christianity with some traditional animistic beliefs. Predominantly Christianity with traditional animistic practices. Predominantly Christianity with remnants of traditional beliefs.
    Socio-Political Organization Advocates for cultural identity and rights; e.g., Chin National Front. Promotes Kuki identity; active organizations like Kuki National Organization. Promotes Zo identity; e.g., Zomi Council and Mizo Zirlai Pawl.

    Issues with their migration

    The Chin-Kuki-Zo tribes in Manipur are contributing to the conflict in the state due to various factors.

    • There have been longstanding demands from various tribal groups for greater recognition of their ethnic identity and autonomy within Manipur.
    • Land ownership and control are significant issues among the Chin-Kuki-Zo tribes in Manipur.
    [2016]  Consider the following pairs: (2016)

    Community sometimes  mentioned in the news In the affairs of
    1. Kurd Bangladesh
    2. Madhesi Nepal
    3. Rohingya Myanmar

    Which of the pairs given above is/are correctly matched?

    (a) 1 and 2
    (b) 2 only
    (c) 2 and 3
    (d) 3 only

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  • RBI Notifications

    RBI’s New Guidelines for Asset Reconstruction Companies (ARCs)

    Prelims Only | Economics | Mains Paper 3: Indian Economy

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Asset Reconstruction Companies, SARFAESI Act, 2002;

    Mains level: NA

    Why in the news?

    The RBI has introduced updated guidelines for Asset Reconstruction Companies (ARCs) through a master direction, effective from April 24, 2024.

    What is an Asset Reconstruction Company (ARC)?

    Description
    About ARC is a special financial institution that acquires debtors from banks at a mutually agreed value and attempts to recover the debts or associated securities.
    Regulation
    • ARCs are registered under the RBI.
    • Regulated under the SARFAESI Act, 2002 (Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act).
    Objective ARCs take over a portion of the bank’s non-performing assets (NPAs) and engage in asset reconstruction or securitization, aiming to recover the debts.
    Functions
    • Asset Reconstruction: Acquisition of bank loans or other credit facilities for realization.
    • Securitization: Acquisition of financial assets by issuing security receipts.
    Foreign Investment 100% FDI allowed in ARCs under the automatic route.
    Limitiations
    • ARCs are prohibited from undertaking lending activities.
    • They can only engage in securitization and reconstruction activities.
    Working
    • Bank with NPA agrees to sell it to ARC at a mutually agreed value.
    • ARC transfers assets to trusts under SARFAESI Act.
    • Upfront payment made to bank, rest through Security Receipts.
    • Recovery proceeds shared between ARC and bank.
    Security Receipts Issued to Qualified Institutional Buyers (QIBs) for raising funds to acquire financial assets.
    Significance
    • Banks can clean up their balance sheets and focus on core banking activities.
    • Provides a mechanism for resolution of NPAs and debt recovery.

    What are the new guidelines laid out by the RBI?

    • Enhanced Capital Requirements:
        • Minimum Capital Requirement Increase: ARCs are now mandated to maintain a minimum capital requirement of Rs 300 crore, a significant increase from the previous Rs 100 crore stipulation established on October 11, 2022.
        • Transition Period for Compliance: Existing ARCs are granted a transition period to reach the revised Net Owned Fund (NOF) threshold of Rs 300 crore by March 31, 2026.
        • Interim Requirement: However, by March 31, 2024, ARCs must possess a minimum capital of Rs 200 crore to comply with the new directives.
    • Supervisory Actions for Non-Compliance:
        • ARCs failing to meet the prescribed capital thresholds will face supervisory action, potentially including restrictions on undertaking additional business until compliance is achieved.
    • Expanded Role for Well-Capitalized ARCs:
      • Empowerment of Well-Capitalized ARCs: ARCs with a minimum NOF of Rs 1000 crore are empowered to act as resolution applicants in distressed asset scenarios.
      • Investment Opportunities: These ARCs are permitted to deploy funds in government securities, scheduled commercial bank deposits, and institutions like SIDBI and NABARD, subject to RBI specifications. Additionally, they can invest in short-term instruments such as money market mutual funds, certificates of deposit, and corporate bonds commercial papers.
      • Investment Cap: Investments in short-term instruments are capped at 10% of the NOF to mitigate risk exposure.

    PYQ:

    [2018] With reference to the governance of public sector banking in India, consider the following statements:

    1. Capital infusion into public sector banks by the Government of India has steadily increased in the last decade.
    2. To put the public sector banks in order, the merger of associate banks with the parent State Bank of India has been affected.

    Which of the statements given above is/are correct?

    (a) 1 only

    (b) 2 only

    (c) Both 1 and 2

    (d) Neither 1 nor 2

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  • Coal and Mining Sector

    [pib] Critical Minerals Summit

    PIBPrelims Only | Economics | Mains Paper 3: Infrastructure: Energy, Ports, Roads, Airports, Railways Etc.

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Critical Minerals, Mineral Security Partnership (MSP)

    Mains level: NA

    Why in the news?

    The Ministry of Mines has organized a pivotal summit in New Delhi aimed at fostering collaboration, sharing knowledge, and driving innovation in Critical Mineral beneficiation and processing.

    What are Critical Minerals?

    • Critical Minerals are indispensable for economic development and national security, with their scarcity or concentration in specific regions posing potential supply chain vulnerabilities.
    • The declaration and identification of Critical Minerals is an ongoing process, influenced by technological advancements, market dynamics, and geopolitical factors.

    Critical Minerals in India:

    • India has identified 30 Critical Minerals (July 2023) based on factors like disruption potential, import reliance, and cross-sectoral usage.
      • Antimony, Beryllium, Bismuth, Cobalt, Copper, Gallium, Germanium, Graphite, Hafnium, Indium, Lithium, Molybdenum, Niobium, Nickel, PGE, Phosphorous, Potash, Rare Earth Elements, Rhenium, Silicon, Strontium, Tantalum, Tellurium, Tin, Titanium, Tungsten, Vanadium, Zirconium, Selenium and Cadmium.

    Critical Minerals

    Global Perspective:

    Various nations have outlined their lists of Critical Minerals based on unique circumstances:

    • The US recognizes 50 minerals critical for national security and economic development.
    • Japan has identified 31 minerals crucial for its economy.
    • The UK, EU, and Canada have their respective lists, reflecting their strategic priorities.

    India became the 14th member of the Mineral Security Partnership (MSP) in June 2023. 

    • MSP seeks to bolster critical minerals supply chains to support economic prosperity and climate objectives.
    • It seeks to ensure that critical minerals are produced, processed and recycled by catalyzing investments from governments and private sector across the full value chain.
    • Members: The other member countries are United States, Australia, Canada, Finland, France, Germany, Italy, Japan, Norway, the Republic of Korea, Sweden, the United Kingdom and the European Commission.

    Note: Copper, gold and silver are not on the list of minerals under MSP (Wiki).

    Various Government Initiatives:

    • MMDR Act Amendment (2023):   24 minerals were designated as critical and strategic under the Mines and Minerals (Development and Regulation) Act.
    • National Mineral Policy (2019): The updated policy emphasizes the exploration and exploitation of Critical Minerals to harness India’s mineral potential effectively.
    • Khanij Bidesh India Ltd (KABIL): A joint venture comprising National Aluminium Company Ltd (NALCO), Hindustan Copper Ltd (HCL), and Mineral Exploration Corporation Ltd (MECL), KABIL aims to secure a consistent supply of Critical Minerals by acquiring and developing assets overseas.
    • Indian Rare Earths Limited (IREL): It is a PSU that plays a significant role in the research and production of rare earth minerals.

    India’s Critical Mineral Imports:

    • Lithium Imports: In FY23, India imported 2,145 tonnes of lithium carbonate and lithium oxide, costing Rs 732 crore.
    • Nickel and Copper Imports: The country imported 32,000 tonnes of unwrought nickel and 1.2 million tonnes of copper ore, costing Rs 6,549 crore and Rs 27,374 crore, respectively.
    • Import Dependence: India relies entirely on imports for lithium and nickel, and 93% for copper.

    Country-wise dependence:

    1. China: India heavily relies on China for the import of critical minerals like lithium, cobalt, nickel, and graphite.
    2. Australia: India is actively engaged with Australia for acquiring mineral assets, particularly lithium and cobalt, to secure its supply chain for critical minerals.
    3. Argentina, Bolivia, and Chile: India is engaging with these countries, known for their reserves of battery metals like lithium and cobalt, to diversify its sources for critical minerals.

     

    PYQ:

    [2019] With reference to the management of minor minerals in India, consider the following statements:

    1. Sand is a ‘minor mineral’ according to the prevailing law in the country.
    2. State governments have the power to grant mining leases of minor minerals, but the powers regarding the formation of rules related to the grant of minor minerals lie with the Central Government.
    3. State Governments have the power to frame rules to prevent illegal mining of minor minerals.

    Which of the statements given above is/are correct?

    (a) 1 and 3

    (b) 2 and 3

    (c) 3 only

    (d) 1, 2 and 3

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  • Climate Change Impact on India and World – International Reports, Key Observations, etc.

    Why the Thar Desert on the borders of India and Pakistan is getting greener?

    National Parks/WSPrelims Only | Enviro & Biodiversity | Mains Paper 1: Geographical Features & Their Location

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Thar Desert, Desert National Park;

    Mains level: NA

    Why in the News?

    Rajasthan’s barren Thar Desert may turn green, says a recent study in the journal Earth’s Future.

    Thar Desert

    • The Thar Desert is the 18th largest subtropical desert globally and is one of the most densely populated deserts.
    • Approximately 40% of the human population in Rajasthan resides in the Thar Desert.
    • It extends from the Sutlej River and is bounded by the Rann of Kutch, the Aravalli Mountains, and the Indus River.
    • About 85% of the Thar Desert is located in India, with the remainder in Pakistan.
    • In India, it spans across Rajasthan, Gujarat, Haryana, and Punjab as well.
    • Civilizations are believed to have thrived in the Thar region around 50,000 years ago across the extinct Saraswati River.
    • The Desert National Park (home to the endangered Great Indian Bustard, desert fox, desert cat, blackbuck, and Indian gazelle) is situated in the Thar Desert in the northwest Indian state of Rajasthan.

    Why is the Thar desert getting greener?

    • Climate Change Effects:
        • Alteration of Weather Patterns: Climate change is causing shifts in rainfall distribution in the thar desert area.
        • Potential for Vegetation Growth: The increased precipitation could provide favorable conditions for vegetation growth, contributing to the greening of the desert.
    • Indian Monsoon Dynamics:
        • Westward Extension of Indian Monsoon: The Indian monsoon, known for bringing heavy rainfall to eastern India, is now extending further westward into regions like the Thar Desert.
        • Impact on Moisture and Rainfall: This change in monsoon dynamics could lead to increased moisture and rainfall in the desert region, facilitating the growth of vegetation.
    • Expansion of Indian Ocean Warm Pool (IOWP):
        • Influence on Monsoon Patterns: The Indian Ocean Warm Pool (IOWP) influences monsoon patterns and rainfall distribution over the Indian subcontinent.
        • Westward Expansion due to Climate Change: Climate change is causing the IOWP to expand westward, potentially resulting in increased rainfall over semi-arid regions like the Thar Desert and promoting greening.
    • Water Management Practices:
        • Contribution to Greening: Effective water management practices, such as rainwater harvesting and irrigation techniques like johad, kuis, and kunds, may be playing a role in the greening of the Thar Desert.
        • Utilization of Water Resources: By harnessing and efficiently utilizing available water resources, local communities and authorities can support vegetation growth and ecosystem restoration efforts in the desert.
    • Introduction of Irrigation  
      • Commercial Cropping: Irrigation was introduced during British colonial rule in the 19th and 20th centuries to convert arid and semi-arid ecosystems into cropland.
      • Restrictions on Grazing: The right to graze animals was restricted to landowners who cultivated crops, leading to the transformation of nomadic pastoralists into sedentary agro-pastoralists.

    PYQ:

    [2018] Which of the following leaf modifications occur(s) in the desert areas to inhibit water loss?

    1. Hard and waxy leaves
    2. Tiny leaves
    3. Thorns instead of leaves

    Select the correct answer using the code given below:

    (a) 2 and 3 only

    (b) 2 only

    (c) 3 only

    (d) 1, 2 and 3

    [2020] The process of desertification does not have climate boundaries. Justify with examples.

    [2013] Major hot deserts in northern hemisphere are located between 20-30 degree north and on the western side of the continents. Why?

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  • Indian Navy Updates

    [pib] Launching of LSAM 20 (Yard 130)  

    PIBPrelims Only | Security Issues | Mains Paper 3: Various Security Forces, Agencies & Their Mandates

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: LSAM 20;

    Mains level: NA

    Why in the News?

    The Indian Navy has inducted the ‘Ammunition Cum Torpedo Cum Missile Barge, LSAM 20 (Yard 130) into its fleet.

    What is LSAM 20?

    • LSAM 20 (Yard 130) is the Ammunition Cum Torpedo Cum Missile Barge (Storage) inducted by the Indian Navy.  (built by MSME Shipyard, M/s Suryadipta Projects Pvt Ltd, Thane).
    • LSAM 20 facilitates transportation, embarkation, and disembarkation of articles/ammunition to IN Ships.
    • These Barges are indigenously designed and built under relevant Naval Rules and Regulations of the Indian Register of Shipping.

    Objective 

    • A Torpedo Cum Missile Barge is a specialized vessel used by the Indian Navy to transport various types of ammunition, torpedoes, and missiles to operational areas.
    • These barges play a crucial role in providing logistical support to naval vessels by ensuring the uninterrupted transportation of essential military supplies. 

    PYQ:

    [2016] Which one of the following is the best description of ‘INS Astradharini’, that was in the news recently?

    (a) Amphibious warfare ship

    (b) Nuclear-powered submarine

    (c) Torpedo launch and recovery vessel

    (d) Nuclear-powered aircraft carrier

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  • Human Rights Issues

    In news: National Human Rights Commission’s (NHRC) Accreditation 

    Prelims Only | Polity | Mains Paper 2: Statutory, Regulatory & Various Quasi-Judicial Bodies

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: NHRC, GANHRI

    Mains level: NA

    Why in the news?

    • The National Human Rights Commission (NHRC) is gearing up to defend India’s human rights processes at a critical meeting of Global Alliance of National Human Rights Institutions (GANHRI) in Geneva.
    • A decision on retaining India’s NHRC’s “A status” accreditation is imminent at this summit.

    About National Human Rights Commission (NHRC)

    Details
    Establishment
    • A Statutory Body;
    • Established under the Protection of Human Rights Act, 1993.
    Functions
    • Inquire into any violation of human rights
    • Recommend immediate interim relief to victims or their families
    • Intervene in court proceedings involving human rights violations
    • Review constitutional and legal safeguards for human rights
    • Study international instruments on human rights
    • Promote human rights literacy
    • Support the efforts of NGOs working in the field of human rights
    Powers
    • Regulate its own procedure
    • Possess all the powers of a civil court
    • Proceedings have a judicial character
    Chairperson
    • Must be a former Justice of the Supreme Court or Chief Justice of the Supreme Court
    • Appointed by the President of India
    Members
    • Four full-time members;
    • Chairperson: former Supreme Court Justice or Chief Justice;
    • Other Member: former Judge of the Supreme Court;
    • Other Member: former Chief Justice of a High Court;
    • Three Members: with knowledge or experience in human rights, including at least one woman –
    • Seven ex-officio members:  Chairpersons of National Commissions viz., National Commission for Scheduled Castes, National Commission for Scheduled Tribes, National Commission for Women , National Commission for Minorities, National Commission for Backward Classes, National Commission for Protection of Child Rights; and the Chief Commissioner for Persons with Disabilities.
    Appointment
    • Appointed by the President, based on a committee recommendation including the Prime Minister, Speaker of Lok Sabha, Home Minister, Leaders of the Opposition in Lok Sabha and Rajya Sabha, and others
    • Consultation with the Chief Justice of India for judicial appointments
    Removal
    • Removal by order of the President of India
    • Consultation with the Supreme Court before removal
    Terms of Office
    • Hold office for a term of three years or until the age of 70
    • Ineligibility for further government employment after office
    • Eligible for reappointment
    Salaries Determined by the Central government
    Reporting
    • Submits annual or special reports to the Central government and the concerned State government
    • Reports laid before the respective legislatures, along with a memorandum of action taken on the recommendations and reasons for non-acceptance of any recommendations
    Limitations
    • The commission is not empowered to inquire into any matter after the expiry of one year from the date on which the act constituting the violation of human rights is alleged to have been committed
    • Functions are recommendatory in nature, with no power to punish or award relief to violators
    • Limited role concerning armed forces violations

     

    GANHRI Concerns about India’s NHRC

    India’s NHRC faced a potential downgrade in its accreditation status in 2023 due to concerns raised by the SCA regarding its operational independence and composition.

    • Political Interference: The NHRC-India faced objections related to political interference in appointments, compromising its independence.
    • Police Involvement: Involving the police in probes into human rights violations raised concerns about impartiality and fair investigations.
    • Lack of Cooperation: The NHRC’s poor cooperation with civil society was criticized, hindering its effectiveness in protecting human rights.
    • Lack of Diversity: The GANHRI highlighted the lack of diversity in staff and leadership positions within the NHRC. There is also lack of gender and minority representation.
    • Insufficient Protection of Marginalized Groups: The NHRC was found to have taken insufficient action to protect marginalized groups, contrary to the U.N.’s principles on national institutions (the ‘Paris Principles).

    Back2Basics: GANHRI (Global Alliance of National Human Rights Institutions)
    Purpose Promote and protect human rights globally
    Year Established 1993
    Headquarters Geneva, Switzerland
    Members National Human Rights Institutions (NHRIs) from 114 member institutions
    Key Functions
    • Promoting and strengthening NHRIs worldwide
    • Advocating for human rights at national, regional, and global levels
    • Facilitating cooperation and sharing of best practices among NHRIs
    • Providing capacity-building support to NHRIs etc.
    Organizational Structure
    • President: Elected from GANHRI members for a specified term
    • Bureau: Assists the President in overseeing GANHRI’s work
    • Sub-Committees: Focused on specific thematic or regional issues
    Key Documents
    • Paris Principles: Provide guidance for the establishment and operation of NHRIs
    • GANHRI Strategy: Outlines the organization’s strategic objectives and actions
    Sub-Committee on Accreditation (SCA)
    • Part of a five-year peer evaluation cycle for all 114 member institutions of GANHRI.
    • Accreditation status holds significance as it determines its voting rights at international human rights forums.

     

    PYQ:

    [2011] Consider the following:

    1. Right to education.
    2. Right to equal access to public service.
    3. Right to food.

    Which of the above is/are Human Right/Rights under “Universal Declaration of Human Rights”?

    (a) 1 only

    (b) 1 and 2 only

    (c) 3 only

    (d) 1, 2 and 3

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  • International Space Agencies – Missions and Discoveries

    Advanced Composite Solar Sail System (ACS3) Project

    Prelims Only | Science Tech | Mains Paper 3: Awareness in various sc and tech fields

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: ACS3 Project, Solar Sailing

    Mains level: NA

    Why in the news?

    NASA has launched its Advanced Composite Solar Sail System (ACS3) spacecraft that uses sunlight for propulsion from New Zealand into space.

    About Advanced Composite Solar Sail System (ACS3) Project

    • The spacecraft is slated to orbit 1,000 kilometers above Earth, deploying an 80-square-meter solar sail approximately 25 minutes after liftoff.
    • It harnesses sunlight as a renewable propulsion source, marking a novel advancement in space exploration.
    • It uses a compact CubeSat, similar in size to an oven, which facilitates propulsion by capturing solar particle energy.
    • Operational Phases:
    • The initial flight phase spans two months and involves subsystems checkout and solar sail deployment.
    • A series of pointing maneuvers will showcase orbit raising and lowering, validating the effectiveness of sunlight pressure on the sail.

    The Technology Behind: Solar Sailing

    • Solar sails typically consist of lightweight, reflective materials such as Mylar or aluminized Kapton, which are deployed in space to capture sunlight.
    • The sail is often configured as a large, thin membrane with a large surface area to maximize the amount of sunlight it can intercept.
    • When sunlight reflects off a shiny solar sail, some of its momentum is transferred, giving the sail a small push.

    Solar sailing offers several advantages over traditional propulsion methods, including:

    1. Efficiency: Solar sailing does not require onboard fuel, making it a highly efficient and sustainable propulsion method for long-duration missions.
    2. Continuous thrust: Unlike chemical rockets, which provide brief bursts of acceleration, solar sails can provide continuous thrust as long as they are exposed to sunlight.
    3. Maneuverability: Solar sails can change their trajectory by adjusting the orientation of the sail relative to the direction of incoming sunlight. This allows for precise navigation and maneuvering in space.
    4. Interstellar travel: Solar sailing has the potential to enable interstellar missions by gradually accelerating spacecraft to very high velocities over time, allowing them to explore distant star systems.

     

    PYQ:

    [2016] What is ‘Greased Lightning-10 (GL-10)’, recently in the news?

    (a) Electric plane tested by NASA

    (b) Solar-powered two-seater aircraft designed by Japan

    (c) Space observatory launched by China

    (d) Reusable rocket designed by ISRO

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  • Trade Sector Updates – Falling Exports, TIES, MEIS, Foreign Trade Policy, etc.

    India’s growing dependence on Chinese Imports

    Prelims Only | Economics | Mains Paper 3: Effects Of Liberalization On The Economy, Changes In Industrial Policy and their effects on Industrial Growth

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: India’s Imports from China and Other Countries

    Mains level: NA

    Why in the news?

    • India’s imports from China surged to over $101 billion in the fiscal year 2023-24, marking a significant increase from approximately $70 billion recorded in 2018-19.
    • The proportion of China’s industrial goods imports to India has risen from 21% to 30% over a span of 15 years, as highlighted in a report by the Global Trade Research Initiative (GTRI).

    India’s Import: GTRI study

    • The GTRI study revealed that imports from China have grown at a pace 2.3 times faster than India’s overall imports during the 15-year period.
    • Contrary to common belief, China has emerged as the top supplier in eight core industrial sectors, encompassing machinery, chemicals, pharmaceuticals, and textiles, among others.
    • India is experiencing stagnant exports valued at around $16 billion annually.
    • Over a six-year period spanning from 2018-2019 to 2023-24, India’s cumulative trade deficit with China surpassed $387 billion, prompting apprehension among policymakers.

    China’s Share of India’s Imports:

    • China accounted for 15% of India’s overall imports in 2023-24, with $101.8 billion out of a total of $677.2 billion.
    • Sector-wise Contributions:
    1. Electronics, Telecom, and Electrical Products: China’s contribution was 38.4% in April-January 2023-24.
    2. Clothing: Nearly 42% of India’s textile and clothing imports accounted from China.
    3. Machinery Sector: China accounted for 39.6% of India’s overall imports.
    4. Chemical and Pharmaceutical Sector: China’s share was 29.2%.
    5. Plastics and Related Articles: China provided articles worth $4.8 billion, accounting for 25.8% of total imports in this sector.

    Back2Basics: Top Importers of India

    S. No Importer Share of India’s Imports
    1. China (Biggest Importer in India) 15.43%
    2. United Arab Emirates 7.31%
    3. United States 7.07%
    4. Switzerland 3.82%
    5. Hong Kong 3.12%
    6. Singapore 3.09%
    7. Indonesia 2.89%
    8. South Korea 2.85%

     

    PYQ:

    [2017] ‘China is using its economic relations and positive trade surplus as tools to develop potential military power status in Asia’, In the light of this statement, discuss its impact on India as her neighbor.

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  • Disasters and Disaster Management – Sendai Framework, Floods, Cyclones, etc.

    In news: Pripyat River

    Prelims Only | Enviro & Biodiversity | Mains Paper 1: Salient Features Of World’S Physical Geography

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Pripyat River, Chernobyl Nuclear Disaster

    Mains level: NA

    Why in the news?

    • The WWF has issued a stark warning regarding the dredging of the Pripyat River, adjacent to the Chernobyl nuclear disaster site.
    • Concerns mount as the Pripyat River could transform into a permanent repository of radioactive substances, contaminating the water and food sources.

    About Pripyat River

    • Pripyat River is a significant waterway in Eastern Europe. It flows through Ukraine, Belarus, and a small portion of Russia.
    • It is primarily situated within the Polesian Lowland, a region characterized by marshes, wetlands, and forests.
    • The Pripyat River is approximately 761 km (473 miles) long.
    • Physical Features:
    • Tributaries: It has numerous tributaries, including the Stokhid River, Styr River, and Horyn River. The largest tributary of the Pripyat is the Teterev River, which joins it from the right bank.
    • Drainage Basin: Its basin covers an area of around 121,000 square kilometers (46,700 square miles). It is one of the major tributaries of the Dnieper River, which eventually flows into the Black Sea.

    Notable event: The Pripyat River gained international attention due to its proximity to the Chernobyl Nuclear Power Plant, where the catastrophic nuclear accident occurred in 1986.

    About Chernobyl Nuclear Disaster

    • The Chernobyl Disaster occurred on April 26, 1986.
    • It took place at the Chernobyl Nuclear Power Plant, near the town of Pripyat in northern Ukraine, then part of the Soviet Union.
    • The explosion and subsequent fire released a large amount of radioactive material such as cesium-137 and strontium-90 into the atmosphere, resulting in widespread contamination.

     

    PYQ:

    [2020] Consider the following pairs?

    River — Flows into

    1. Mekong — Andaman sea
    2. Thames — Irish Sea
    3. Volga — Caspian Sea
    4. Zambezi — Indian Ocean

    Which of the pairs above is/are correctly matched?

    (a) Only 1

    (b) Only 2

    (c) Only 3

    (d) None of the above/More than one of the above

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