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Prelims info from newspaper articles will be posted here as summary
McQ : @Quizhighlights
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नवीनतम संदेश 4
2024-02-08 16:40:19
Please join whatsapp channels for official communications regarding future plan of action : issue is being handled as of now
https://whatsapp.com/channel/0029Va9eMCF3gvWjWIsiTa2V
17.2K views13:40
2024-02-08 09:06:49
https://x.com/vikaskanukollu/status/1755471817073164758?s=20
Request you guys to retweet in support and subscribe to the youtube channel - Click here
13.9K viewsedited 06:06
2024-02-07 22:13:40
Request everyone to subscribe to the youtube channel to stay connected : click here
13.0K views19:13
2024-02-03 08:22:03
#Economy
Budget 2024- How is our money spent?
High interest payments can:
Reduce the money available for welfare programs and services.
Decrease funds for capital expenditures (CapEx), which are crucial for long-term investments in infrastructure and development.
Affect the country's sovereign credit ratings negatively, making borrowing more expensive.
Create a cycle of debt where the government ends up borrowing more to pay off existing loans.
Relevant concept here : Ricardian equivalence- It is an economic theory suggesting that government borrowing doesn't affect the overall level of demand in the economy because people anticipate higher taxes in the future to pay off the debt, leading to an increase in savings.
VK IAS subject wise channels - Click here
15.9K viewsedited 05:22
2024-01-30 11:01:45
NDA-2022 : Another theme- Important tree specie- which are covered in NCERTs+ Economically important trees- In this context Minor Forest Produce (MFP) is also important. - past questions on this theme include- Palm oil endemicity( also in news)
Definition of Forest in India- Click here
What are heritage trees?- Click here
This question is application based- these trees are Tropical Deciduous Dry Trees/tropical thorn forests( Info in NCERTS)- In India, the dry deciduous forests mostly occupy the North India and southern regions of Deccan Plateau. They are also found in plains of Bihar, Uttar Pradesh and northeastern parts of the Peninsular plateau. So this questions tests 1) your geography knowledge and 2) Map awareness. Do read about other trees which are given in NCERTs.
Some important Tree species include :
1. Gulmohar - Click here
2. Ashoka - Click here
Also read Shola vegetation- Click here
@upschighlights for prelims info
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16.2K views08:01
2024-01-18 06:53:54
#Polity
Competition commission= PVR Case- Dominant position
Background of the law- Click here to read
The Allegations: Preferential Treatment to some movies and the Conflict of Interest- PVR was alleged to promote its own movies over others and since they are the largest multiplex players- they are killing smaller cinemas.
Competition Commission of India’s (CCI) Ruling: The CCI observed that PVR’s movie selections are based on what's likely to attract audiences and make money, similar to a music festival booking popular bands to draw big crowds
Join
VK IAS subject wise channels - Click here
12.7K views03:53
2024-01-11 08:26:21
#Reports #Indices #Economy
World Employment and Social Outlook: Trends 2024 Report
By?- International Labour Organization (ILO) - The report is its annual World Employment and Social Outlook report
Insight : The global jobless rate dropped below pre-COVID levels to 5.1% with labor force participation also bouncing back close to early 2020 levels. But concerns remain over the quality of work available.
Threat for 2024 : structural weaknesses like skills gaps and inadequate social protection
Real wages in India showing “positive” improvement in 2022 versus 2021 – exceeding the rate across all other G20 countries save Mexico.@upschighlights - Relevant hashtags for Prelims- Click here Please Subscribe : Youtube.com/vikaskanukollu
13.0K viewsedited 05:26
2024-01-09 09:22:21
#SnT
Aditya L-1 in L1 orbit- The Aditya-L1 mission needs to be at L1, the first Lagrangian point, because it allows for stable observation of the Sun with continuous solar monitoring, crucial for studying solar dynamics and space weather.
What?- first Indian( ISRO) space-based observatory dedicated to studying the Sun
launched in September 2023, using a PSLV-C57 rocket and Trajectory Correction Maneuver in october
Also read
1. PUNCH- Click here
2. Coronal Mass Ejections
3. Parker Solar Probe: NASA@upschighlights - Relevant hashtags for Prelims- Click here Please Subscribe : Youtube.com/vikaskanukollu
13.5K views06:22
2024-01-06 13:47:17
#Economy
Short selling - Naked short selling ban
Short selling is an investment strategy where an investor borrows shares and sells them on the market, hoping to buy them back later at a lower price. For example, if an investor anticipates that Adani's stock will drop from ₹1800 to ₹1700, they borrow and sell it at the current high price (₹1800). Later, if the price drops as expected to ₹1700, they buy the same number of shares back at this lower price, return the shares to the lender, and keep the difference (₹100 per share) as profit.
In the Adani case, Hindenburg Research released a report alleging financial misconduct by the Adani Group. This led to a drop in Adani's share price, and there were claims that Hindenburg profited from this price fall through short selling.
@upschighlights - Relevant hashtags for Prelims- Click here
13.7K views10:47
2024-01-04 09:34:21
#Polity
VVPAT
VVPATs are an addition to the Electronic Voting Machines (EVMs), which allow voters to verify their vote. When a vote is cast, the VVPAT prints a slip with the voter's choice that is visible for a few seconds before it drops into a sealed box, ensuring the vote is recorded accurately.
Opposition demand : Count all VVPAT ( this is similar to ballot vote counting manually- which defeats the whole point of EVM)
EC response : EC's response to the 100% counting demand was that it would be a regressive step, akin to returning to manual ballot counting, which is more prone to human error and is time-consuming. They also emphasized that during random checks of VVPATs, no discrepancies were found in the votes cast for candidates, suggesting the current system's reliability.
@upschighlights - Relevant hashtags for Prelims- Click here
13.5K views06:34