India's steel sector--> world's second largest steel producer since 2018 with China at top.
Link: https://t.me/bpscweb/43269
Link: https://t.me/bpscweb/35716
#CA2026
#DATA
#RANK
Link: https://t.me/bpscweb/43269
Link: https://t.me/bpscweb/35716
#CA2026
#DATA
#RANK
The First International Conference on the Transition Away from Fossil Fuels, or Santa Marta Summit, took place from April 24–29, 2026, in Santa Marta, Colombia.
Co-hosted by Colombia and the Netherlands, the summit gathered representatives from over 50 nations to create a concrete roadmap for phasing out coal, oil, and gas, aiming for a "just transition".
Notable Absences: Despite the attendance of major producers like Australia, Canada, Nigeria, and Brazil, significant polluters including the United States and China were notably absent
The next conference will be held in the Pacific island nation of Tuvalu, aiming to establish a global panel to create a transition road map.
Link: https://youtu.be/O6mV9gT73HM?si=jgkWAnUWFPboQaKO
#CA2026
#SUMMIT
👇👇
Co-hosted by Colombia and the Netherlands, the summit gathered representatives from over 50 nations to create a concrete roadmap for phasing out coal, oil, and gas, aiming for a "just transition".
Notable Absences: Despite the attendance of major producers like Australia, Canada, Nigeria, and Brazil, significant polluters including the United States and China were notably absent
The next conference will be held in the Pacific island nation of Tuvalu, aiming to establish a global panel to create a transition road map.
Link: https://youtu.be/O6mV9gT73HM?si=jgkWAnUWFPboQaKO
#CA2026
#SUMMIT
👇👇
UPSC PYQ 2025
Like AI Action Summit 2025 where UPSC focused on non-signatories (US & UK), the absence of major polluters like US and China from the Santa Marta Summit also becomes prelims-relevant under the growing UPSC trend of asking “absentee/non-signatory countries” in global summits.
#PYQ
Like AI Action Summit 2025 where UPSC focused on non-signatories (US & UK), the absence of major polluters like US and China from the Santa Marta Summit also becomes prelims-relevant under the growing UPSC trend of asking “absentee/non-signatory countries” in global summits.
#PYQ
India’s forex reserves have 4 major components:
1. Foreign Currency Assets (FCA) —> largest component (~79%–80%)
2. Gold reserves —> around 17% now (rising steadily)
3. SDRs (Special Drawing Rights) with IMF
4. Reserve Tranche Position (RTP) in IMF
• As per RBI weekly statistical supplement (2026), India’s total forex reserves are around $698–700 billion; gold share has risen sharply in recent years.
• RBI gold reserves stored in India crossed ~680 tonnes; share of domestically stored gold rose from ~48% (2023) to nearly ~60%+ by 2026.
• Gold repatriation = bringing sovereign gold reserves back from foreign vaults like Bank of England or BIS vaults.
• Why countries are repatriating gold:
– Fear of Western financial sanctions/freezing of overseas assets (Russia precedent after Ukraine war)
– Gold at home reduces geopolitical vulnerability
– Physical control improves crisis-time liquidity confidence
– Gold stored domestically remains outside many foreign jurisdiction risks
#CA2026
#DATA
👇🏻👇🏻
1. Foreign Currency Assets (FCA) —> largest component (~79%–80%)
2. Gold reserves —> around 17% now (rising steadily)
3. SDRs (Special Drawing Rights) with IMF
4. Reserve Tranche Position (RTP) in IMF
• As per RBI weekly statistical supplement (2026), India’s total forex reserves are around $698–700 billion; gold share has risen sharply in recent years.
• RBI gold reserves stored in India crossed ~680 tonnes; share of domestically stored gold rose from ~48% (2023) to nearly ~60%+ by 2026.
• Gold repatriation = bringing sovereign gold reserves back from foreign vaults like Bank of England or BIS vaults.
• Why countries are repatriating gold:
– Fear of Western financial sanctions/freezing of overseas assets (Russia precedent after Ukraine war)
– Gold at home reduces geopolitical vulnerability
– Physical control improves crisis-time liquidity confidence
– Gold stored domestically remains outside many foreign jurisdiction risks
#CA2026
#DATA
👇🏻👇🏻
❤3
Link concept:- https://t.me/bpscweb/23134
Link concept:- https://t.me/bpscweb/29049
Link concept:- https://t.me/bpscweb/26359
#PYQ
Link concept:- https://t.me/bpscweb/29049
Link concept:- https://t.me/bpscweb/26359
#PYQ
•Commission for Agricultural Costs & Prices(CACP)—> Recommends MSP/FRP to govt.
•Cabinet Committee on Economic Affairs(CCEA)—> Final authority that approves MSP/FRP.
Prelims Link:
1. CACP = advisory body
2. CCEA = Cabinet decision-making body chaired by PM.
—->Can accept, reject, or modify CACP recommendations.
—->Recently approved sugarcane FRP of ₹365/quintal for 2026–27 season.
• Sugarcane FRP is legally binding on mills, unlike MSP for most crops.
#CA2026
👇🏻👇🏻
•Cabinet Committee on Economic Affairs(CCEA)—> Final authority that approves MSP/FRP.
Prelims Link:
1. CACP = advisory body
2. CCEA = Cabinet decision-making body chaired by PM.
—->Can accept, reject, or modify CACP recommendations.
—->Recently approved sugarcane FRP of ₹365/quintal for 2026–27 season.
• Sugarcane FRP is legally binding on mills, unlike MSP for most crops.
#CA2026
👇🏻👇🏻
❤3
SC number of (Number of Judges) Amendment Bill, 2026
• Supreme Court: Under Article 124(1), Parliament can increase SC judges by law; hence amendments are made through the Supreme Court (Number of Judges) Act, 1956.
• High Courts: Under Article 216, the number of HC judges is determined by the President (in consultation with judiciary/executive), not by a fixed parliamentary law.
#CA2026
#POLITY
👇🏻👇🏻
• Supreme Court: Under Article 124(1), Parliament can increase SC judges by law; hence amendments are made through the Supreme Court (Number of Judges) Act, 1956.
• High Courts: Under Article 216, the number of HC judges is determined by the President (in consultation with judiciary/executive), not by a fixed parliamentary law.
#CA2026
#POLITY
👇🏻👇🏻
❤5
• Department for Promotion of Industry and Internal Trade (DPIIT) works under the Ministry of Commerce & Industry and is the nodal department for FDI policy and approval processing in India.
India follows two FDI routes:
1. Automatic Route —> no prior government approval needed
2. Government Route —> approval required through DPIIT/concerned ministry.
• Revised SOP increased FDI approval timeline from 10 weeks (2017 SOP) to 12 weeks.
FDI in India is governed mainly through:
• FEMA, 1999
• Consolidated FDI Policy (updated by DPIIT)
• Foreign Exchange Management (Non-Debt Instruments) Rules, 2019.
—> FDI policy is framed by DPIIT, but FEMA-related operational regulations for foreign investment are notified/administered by Reserve Bank of India under FEMA, 1999.
#CA2026
#ECONOMY
👇👇
India follows two FDI routes:
1. Automatic Route —> no prior government approval needed
2. Government Route —> approval required through DPIIT/concerned ministry.
• Revised SOP increased FDI approval timeline from 10 weeks (2017 SOP) to 12 weeks.
FDI in India is governed mainly through:
• FEMA, 1999
• Consolidated FDI Policy (updated by DPIIT)
• Foreign Exchange Management (Non-Debt Instruments) Rules, 2019.
—> FDI policy is framed by DPIIT, but FEMA-related operational regulations for foreign investment are notified/administered by Reserve Bank of India under FEMA, 1999.
#CA2026
#ECONOMY
👇👇
❤4
• Pirelli Calendar 2027 will be dedicated to India and will feature works of legendary Indian photojournalist Raghu Rai.
• The iconic calendar, popularly called “The Cal”, is a globally renowned limited-edition art calendar known for collaborations with top photographers and cultural themes.
Raghu Rai is a legendary Indian photojournalist and former member of Magnum Photos; he is especially known for documenting India, the 1984 Bhopal Gas Tragedy, and socio-cultural life through black-and-white photography.
#CA2026
#PERSON
• The iconic calendar, popularly called “The Cal”, is a globally renowned limited-edition art calendar known for collaborations with top photographers and cultural themes.
Raghu Rai is a legendary Indian photojournalist and former member of Magnum Photos; he is especially known for documenting India, the 1984 Bhopal Gas Tragedy, and socio-cultural life through black-and-white photography.
#CA2026
#PERSON
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