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Front Running is in the news due to the irregularities found at Quant Mutual Fund.

Here I will try to explain what Front Running is with the help of a story.

Suppose, you have to invest 100 rupees in mutual funds. I am the manager working at Kotak/HDFC Mutual Fund. Meaning, I manage all the money coming in Kotak/HDFC Mutual Fund from all the customers so that you all can get profit.

Always remember, Mutual Fund companies invest truck loads of money in shares like Reliance, Tata Motors etc. If such a huge amount of money is invested in these shares, then obviously their price will go up.

Now I will do Front Running (which is an unethical practice).

How Front Running is done?

As an employee of the HDFC/Kotak Mutual Fund, I know that the company is going to buy Reliance Shares tomorrow worth 1000 Crores. This will lead to a rise in the prices of Reliance.
Using this insider information, I will buy Reliance shares from my personal account before the company, so that I can benefit from the price rise.

It means that, I am misusing the information of the company for my own personal benefit.

Such a practice is banned by SEBI.

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Unpopular opinion:

Coachings while making sales: Join our basic foundation, we will cover prelims, mains, answer writing, current affairs, csat, comprehensive coverage, etc.

Coachings after Prelims: Join our Mains Special Program for answer writing, mains content, dedicated guidance, updated course.

Questions to ask:

1. Did you make a false commitment while selling the foundation course (and just covered Prelims content in that because you know 90% aspirants won't make it to the Mains)

2. When everything was supposed to be covered in the foundation batch, then why a Mains Special Program?

3. It means a student will effectively end up paying 1.5X the fees (for foundation and Mains Special Program).

It is fair to sell courses and earn money. It is unfair to misguide a student and earn money.

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Mains Perspective:

In the previous Lok Sabha - there was no Deputy Speaker. The Constitutional office of the Deputy Speaker was vacant for 5 years.

In the current Lok Sabha - 2 developments happened.

1. Opposition fielded their candidate for the election to the post of the Speaker. Even though the candidate lost, but symbolically, it was a significant step to test the majority of the coalition government.

2. The ruling coalition this time is keen to place a Deputy Speaker and give that post to the coalition parties to keep them on board.

Qs can be - Is Coalition government a better alternative for India as it leads to more vibrancy in Parliamentary politics.

Analyse.

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President Murmu mentioned certain keywords related to Foreign Policy in her joint address to the Parliament.

You should be aware of such words from the Mains perspective:

1. India is the voice of the global south.
2. Indo-Pacific Region - inclusive development of all the countries
3. G-20/G-7
4. India is a Vishwa Bandhu - Solution centric approach
5. Human-centric development
6. Support to nations during COVID, Earthquakes and wars (Soft diplomacy)
7. Special Mention - India Africa relations - African Union part of G-20
8. Neighborhood First Policy - Special Focus on Neighbours
9. Connectivity - East Asia, Middle East, Europe

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Results might be out within the next 1-3 days.

1. Firstly - don't panic.

2. If you clear the exam - just know that you've 2 more battles to win and you've to work even harder.

3. Unfortunately, if you're unable to clear it this time, just know that you had worked hard and accept with humility that someone else was better on the day of the exam. Strategise better and think if you wish to appear again or go for Plan B.

4. In either case, don't let yourself get affected by what people around you have to say. Some of us might have really supportive families and friends while some of us might not have that support. In either case, I am here for you, in case you wish to communicate.

As they say, winners win in the mind first and then in the battle field.

All the best.

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Explain the importance of Speaker's political neutrality in managing Parliamentary Committees, including Rules and Business Advisory Committees. (15M, 250 Words)

In the light of the recent current affairs of 1 year, try and answer this question. Since, a lot of Parliament related questions are in trend, UPSC can focus significantly on Parliament in the upcoming Mains examination.

Hint: think about the role of the speaker with regard to introduction of bills, their discussion and voting, refering to Parliamentary committees and so on.

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New Criminal Laws to be enforced from 1st July:

1. Allows e-FIR - No need to visit police station physically
2. Electronic evidence will be admissible in a court of law.

The above two points signify the confluence of technology and justice delivery. How technology can aid faster justice delivery.

Also, apart from technology, the new laws focus on timely delivery of justice:

1) Charges to be framed against the accused within the 60 days of first hearing.
2) Judgment to be delivered within 45 days of the conclusion of trial.

These timelines have been added to ensure free, speedy, and fair trial.

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Planning a CSAT video on YouTube having a different format. This will help you tremendously in practice for 2025/2026.
Anonymous Poll
84%
Yes - We want to practice CSAT
16%
No - I will start CSAT later
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Point to ponder:

Educators/influencers who appeared themselves in Mains 2023 are teaching through answer copies of other toppers and not their own copies.

Why?

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GS Mains Paper 3 - Capital Markets

SEBI has raised a concern with regards to the rising Futures and Options (F&O) trading in India.

Let us understand this issue from the Mains Answer Writing perspective.

1. In share market, you can invest the money in 2 ways - either in equity (that is having a stake in a company) and the second way is Futures and Options (buying F&O will not give you any stake in the company)

2. SEBI has categorised the investment into equity shares as a part of capital asset formation wherein, the money invested by you in the company will be used to expand the business.

3. SEBI has also categorised the entire F&O segment as "Speculative" in nature and it doesn't lead to any capital asset generation.

Some of the negative aspects of F&O investment in India are:

A. Youth is massively losing money in F&O. As per a SEBI report, only 10% of the F&O traders are profitable and the remaining 90% have an average loss of 50,000.

B. Losses in F&O reduce the households savings leading to low investments by the Household.

C. Youth is lured by easy money. Sudden and big losses in F&O have led to rising mental health cases coupled with suicide in certain cases. Youth gets distracted from their career objectives and try to pursue trading as a full time profesion.

D. Rising finfluencers claiming to share fool proof strategies to make profit in F&O.

E. Even if the customer is losing the money in F&O, brokers will still make money on every transaction. This compounds the losses of the trader.

Hence, strong regulation of the F&O segment is needed to keep a check over the household savings and safeguard the interest of the youth.

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Please find out my next article for the Indian Express. In this article, I have tried and explain the English Reading Comprehensions through a new technique. I hope it will help you solve comprehensions more effectively.

Link: https://indianexpress.com/article/upsc-current-affairs/upsc-essentials/upsc-prelims-2024-2025-csat-tips-on-reading-comprehension-passages-9422161/
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Something I've always followed.

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Sports GK for UPSC:

1. 9 T20 World Cups have taken place till date.
2. India, England and West Indies have won it twice. Australia, Sri Lanka, and Pakistan have won it once.
3. Rohit Sharma and Shakib Al Hasan have played every T20 World Cup till now starting 2007.
4. USA was the host of the 2024 T20 Cricket World Cup for the first time.
5. The trophy of the world cup is made of Rhodium and Silver. 7KG in weight and 51cm long.
6. 16 teams participated in 2022 T20 world cup. In 2024, 20 teams participated - max number till now.
7. 4 Brand Ambassadors of 2024 T20 world cup - Usain Bolt, Yuvraj Singh, Chris Gayle, Shahid Afridi
8. A host nation has never won the T20 World Cup till date.
9. T20 World Cup 2024 - Player of the Tournament - Jasprit Bumrah
10. The final was held at Kensington Oval, Barbados.

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https://mudits.com/new-courses/14-foundation-csat-course-for-upsc-2025-2026-in-english

Complete foundation course from beginner to advanced level with extensive questions practice.

English เค”เคฐ เคนเคฟเค‚เคฆเฅ€ เคฎเฅ‡เค‚เฅค

Live + Recorded sessions with weekly live doubt resolution

Shortcuts - Tricks - Techniques

No need to refer to any specific source after the course.
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Link: https://mudits.com/new-courses/15-indian-polity-with-bare-act-analysis-prelims-mains-english


Complete Indian Polity from basic to advanced with Article by Article Bare Act Analysis

Special focus on current static linkage

Special focus on Mains answer writing

English เค”เคฐ เคนเคฟเค‚เคฆเฅ€ เคฎเฅ‡

Complete notes with Pyqs
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