To be read in The Hindu 8/4/21

Which of the following statements is/are correct about the Central Bureau of Investigation (CBI)?

1. The CBI derives its powers to
investigate from the Delhi Special Police Establishment Act, 1946.
2. The CBI can suo-moto take up investigation of the offences in the Union Territories.

Select the correct answer using the code given below:
(a) 1 only
(b) 2 only
(c) 1 and 2 Both
(d) Neither 1 nor 2

Consider the following statements:

1. All states and Union Territories are represented in the Rajya Sabha.
2. The allocation of the seats to the federating units in the Rajya Sabha is listed in the Constitution.
3. The allocation of the seats to the federating units in the Lok Sabha is listed in the Constitution.

Which of the statements given above is/are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 2 only
(d) 1 and 3 only

Consider the following statements about the history of the urban local self- government:

1. Lord Mayo’s Resolution of 1870 encouraged the introduction of an elected President in the municipalities.
2. Bombay was first to have a Municipal Corporation in 1687.

Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) 1 and 2 both
(d) Neither 1 nor 2

#Prelims_2021 #Species_in_news

HILSA 🐠 = It is Bangladesh’s national fish and was called Matsyaraja – the king of fishes + Hilsa has a history of migrating to Allahabad in the Ganga river system from Bangladesh + Though it’s a saltwater fish, it migrates to sweet waters of the Ganges from the Bay of Bengal + Anadromous fish i.e., it lives most of its life in the ocean, but during the rainy season (spawning time), it moves towards the estuary, where the rivers of India and Bangladesh meet the Bay of Bengal + Fish Pass(fish ladders or fish ways) for hilsa was constructed by govt in 2019, by redesigning navigation lock at Farakka Barrage and it facilitated movement of hilsa upstream along Ganga to its spawning grounds

To be read in The Hindu, 9/4/21

iN SHORT CURRENT AFFAIRS

PM AASHA
●Pradhan Mantri Annadata Aay SanraksHan Abhiyan (PM-AASHA), that is aimed towards ensuring remunerative prices to farmers for their produce, the government has taken an unprecedented step.
●It will help to protect farmers' income which is expected to go long way towards the welfare of farmers. Government has already increased the MSP of Kharif crops by following the principle of 1.5 times the cost of production.
●It is expected that the increase in MSP will be translated to farmer's income by way of robust procurement mechanism in coordination with the State Governments.
●The three components outlined under the scheme is thus aimed towards enhancing agricultural productivity, reducing cost of cultivation which will enable boosting and securing farmer’s income in the long run.
1)Price Support Scheme (PSS)
2)Price Deficiency Payment Scheme (PDPS)
3)Pilot of Private Procurement & Stockist Scheme (PPPS)

_______________

COP 26
●The 2021 United Nations Climate Change Conference, also known as COP26, is the 26th United Nations Climate Change conference.
● It is scheduled to be held in the city of Glasgow from 1 to 12 November 2021 under the presidency of the United Kingdom. 
●The United Nations Framework Convention on Climate Change is an international environmental treaty addressing climate change, negotiated and signed by 154 states at the United Nations Conference on Environment and Development, informally known as the Earth Summit, held in Rio de Janeiro from 3 to 14 June 1992. 

_______________

Government Securities Acquisition Programme (G-SAP)
●The RBI periodically purchase Government bonds from the market through Open Market Operations (OMOs).
●The G-SAP is in a way an OMO but there is an upfront commitment by the central bank to the markets that it will purchase bonds worth a specific amount.
●The idea is to give a comfort to the bond markets. In other words, G-SAP is an OMO with a ‘distinct character’—in Governors’ words.
●Through G SAP t will purchase government securities worth Rs 1 lakh crore in the first quarter of FY22.
●The RBI also announced that it will continue with a variable rate reverse repo to suck excess liquidity.

___________________

Alternative Investment Fund(AIF)
●It comprises pooled investment funds which invest in venture capital, private equity, hedge funds, managed futures, etc.
●In simpler terms, an AIF refers to an investment which differs from conventional investment avenues such as stocks, debt securities, etc.
●Alternative Investment Fund is described under Regulation 2(1)(b) of the Regulation Act, 2012 of Securities and Exchange Board of India (SEBI).
●AIF can be established in the form of a company or a corporate body or a trust or a  Limited Liability Partnership (LLP).
●Generally, high net worth individuals and institutions invest in Alternative Investment Funds as it requires a high investment amount, unlike Mutual Funds.

______________

GARUD PORTAL
●Civil Aviation Ministry and DGCA launched the GARUD (Government Authorisation for Relief Using Drones) portal  for providing fast track conditional exemptions to government agencies for COVID-19 related drone operations.
●The step has been taken to aid government entities in addressing the challenges posed by COVID-19 and will remain in force until further orders.
●GARUD portal helps to fast-track approval to COVID-19 related drone operations.

💡 vision ias environment PT 365 prelims 2021


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To be read in The Hindu 10/4/21