{"id":12373,"date":"2023-10-11T12:58:23","date_gmt":"2023-10-11T12:58:23","guid":{"rendered":"https:\/\/edukemy.com\/blog\/?p=12373"},"modified":"2023-11-09T10:59:35","modified_gmt":"2023-11-09T10:59:35","slug":"upsc-daily-current-affairs-11th-october-2023","status":"publish","type":"post","link":"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/","title":{"rendered":"UPSC Daily Current Affairs &#8211; 11th October 2023"},"content":{"rendered":"\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\"><\/figure>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-2 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/edukemy.com\/upsc\/upsc-cse-geography-optional-integrated-course-test-series-2024-august-batch-online\" target=\"_blank\" rel=\"noreferrer noopener\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1320\" height=\"416\" src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/kIeqD3sVupPhMpbkeneNVhOWnGarcNuFri0nJNxE.png\" alt=\"\" class=\"wp-image-9539\" srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/kIeqD3sVupPhMpbkeneNVhOWnGarcNuFri0nJNxE.png 1320w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/kIeqD3sVupPhMpbkeneNVhOWnGarcNuFri0nJNxE-1170x369.png 1170w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/kIeqD3sVupPhMpbkeneNVhOWnGarcNuFri0nJNxE-585x184.png 585w\" sizes=\"(max-width: 1320px) 100vw, 1320px\" \/><\/a><\/figure>\n<\/figure>\n<\/div><\/div>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<label for=\"ez-toc-cssicon-toggle-item-69e1b29455d0a\" class=\"ez-toc-cssicon-toggle-label\"><p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e1b29455d0a\"  \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Chabahar_Port_%E2%80%93_India_and_Iran\" title=\"Chabahar Port &#8211; India and Iran&nbsp;\">Chabahar Port &#8211; India and Iran&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#In_News\" title=\"In News:\">In News:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#About\" title=\"About&nbsp;\">About&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Significance_of_Chabahar_Port\" title=\"Significance of Chabahar Port&nbsp;\">Significance of Chabahar Port&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Prompt_NPA_Labeling_for_Willful_Defaulters\" title=\"Prompt NPA Labeling for Willful Defaulters&nbsp;\">Prompt NPA Labeling for Willful Defaulters&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Why_in_News\" title=\"Why in News:\">Why in News:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Key_Highlights_of_the_RBI_Draft\" title=\"Key Highlights of the RBI Draft\">Key Highlights of the RBI Draft<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Non-Performing_Assets_NPAs\" title=\"Non-Performing Assets (NPAs)\">Non-Performing Assets (NPAs)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Initiatives_taken_to_reduce_NPAs\" title=\"Initiatives taken to reduce NPAs\">Initiatives taken to reduce NPAs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Willful_Defaulter\" title=\"Willful Defaulter\">Willful Defaulter<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#More_Frequent_Cyclones_in_Eastern_Arabian_Sea\" title=\"More Frequent Cyclones in Eastern Arabian Sea&nbsp;\">More Frequent Cyclones in Eastern Arabian Sea&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#In_News-2\" title=\"In News:\">In News:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Key_Highlights_of_the_Study\" title=\"Key Highlights of the Study\">Key Highlights of the Study<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Cyclones\" title=\"Cyclones:&nbsp;\">Cyclones:&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Shri_Ramalinga_Swamy\" title=\"Shri Ramalinga Swamy&nbsp;&nbsp;\">Shri Ramalinga Swamy&nbsp;&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Why_in_news\" title=\"Why in news?\">Why in news?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#About-2\" title=\"About\">About<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Ganges_River_Dolphin\" title=\"Ganges River Dolphin&nbsp;\">Ganges River Dolphin&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Why_in_news-2\" title=\"Why in news?\">Why in news?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#About-3\" title=\"About\">About<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Third_Intifada\" title=\"Third Intifada&nbsp;\">Third Intifada&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Why_in_news-3\" title=\"Why in news?\">Why in news?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#About-4\" title=\"About\">About<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Automatic_%E2%80%98Status_Holder_Certificates_Boost_Indian_Exports\" title=\"Automatic &#8216;Status Holder&#8217; Certificates Boost Indian Exports&nbsp;\">Automatic &#8216;Status Holder&#8217; Certificates Boost Indian Exports&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Why_in_news-4\" title=\"Why in news?\">Why in news?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#About-5\" title=\"About&nbsp;\">About&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Chakravat_2023\" title=\"Chakravat 2023&nbsp;\">Chakravat 2023&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Why_in_news-5\" title=\"Why in news?\">Why in news?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#About-6\" title=\"About\">About<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#2023_Edition\" title=\"2023 Edition&nbsp;\">2023 Edition&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-31\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Operation_Kachchhap\" title=\"Operation Kachchhap&nbsp;\">Operation Kachchhap&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-32\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Why_in_news-6\" title=\"Why in news?\">Why in news?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-33\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#About-7\" title=\"About\">About<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-34\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#More_About_the_news\" title=\"More About the news\">More About the news<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-35\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#In_case_you_still_have_your_doubts_contact_us_on_9811333901\" title=\"In case you still have your doubts, contact us on 9811333901.&nbsp;\">In case you still have your doubts, contact us on 9811333901.&nbsp;<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-36\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-11th-october-2023\/#Visit_our_YouTube_Channel_%E2%80%93_here\" title=\"Visit our YouTube Channel &#8211;&nbsp;here\">Visit our YouTube Channel &#8211;&nbsp;here<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Chabahar_Port_%E2%80%93_India_and_Iran\"><\/span><strong>Chabahar Port &#8211; India and Iran<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tag:<\/strong> GS-1 International Relation&nbsp;<\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"In_News\"><\/span><strong>In News:<\/strong> <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>India and Iran have narrowed the gap on the major issue of arbitration in the 10-year agreement for operations at the strategic Chabahar port.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About\"><\/span><strong>About<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Chabahar is important for its fishery sector and will act as an important trade center <strong>connecting South Asia, Central Asia, and the Middle East.<\/strong> India is building a railway line from Chabahar Port to the mineral-<strong>rich Hajigak region of Afghanistan.<\/strong>&nbsp;<\/li><li>India and Iran are exploring ways to address the <strong>depletion of Iran&#8217;s rupee reserves<\/strong>, that impacted trade, especially in commodities like rice, tea, and pharmaceuticals.&nbsp;<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-center\"><img decoding=\"async\" src=\"blob:https:\/\/edukemy.com\/ce6c69d3-0ab9-43bf-8e7d-cfba35e5e87b\"><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Chabahar is Iran&#8217;s only oceanic port situated in <strong>Sistan and Baluchistan Province<\/strong>, on the Makran coast. There are two main ports in Chabahar \u2013 the Shahid Kalantari port and the Shahid Beheshti port.&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Significance_of_Chabahar_Port\"><\/span><strong>Significance of<\/strong> <strong>Chabahar Port<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Diversified Trade Access:<\/strong> Chabahar Port offers India an <strong>alternative trade route, reducing its reliance on Pakistan for access to Afghanistan and Central Asia<\/strong>. This is crucial due to the often-tense relations between India and Pakistan.&nbsp;&nbsp;<\/li><\/ul>\n\n\n\n<p>Port enhances <strong>India&#8217;s connectivity with Iran<\/strong>, a key entry point to the <strong>International North-South Transport Corridor, which facilitates sea, rail, and road routes<\/strong> connecting India, Iran, Russia, Central Asia, and Europe.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Economic Advantages:<\/strong> Chabahar Port opens doors to the <strong>resource-rich and economically dynamic Central Asian region.<\/strong> It has the potential to significantly boost India&#8217;s trade and investment prospects in these markets, <strong>leading to economic growth and job creation<\/strong> within India.&nbsp;<\/li><li><strong>Humanitarian Support:<\/strong> Chabahar Port can play a pivotal role as an <strong>entry point for humanitarian assistance and reconstruction efforts in Afghanistan<\/strong>. India can utilize the port to deliver aid, support infrastructure development, and contribute to regional stability.&nbsp;<\/li><li><strong>Geopolitical Influence:<\/strong> Through its development and <strong>operation of Chabahar Port, India can bolster its strategic influence in the Indian Ocean region<\/strong>, thus fortifying its geopolitical position.&nbsp;<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"pcrstb-wrap\"><table><tbody><tr><td><strong>UPSC Civil Services Examination, Previous Year Question (PYQ)<\/strong>&nbsp;<br><br><strong>Prelims<\/strong>&nbsp;<br><strong>Q. What is the importance of developing Chabahar Port by India? (2017)<\/strong>&nbsp;<br><strong>(a)<\/strong>\u202fIndia\u2019s trade with African countries will enormously increase.&nbsp;<br><strong>(b)<\/strong>\u202fIndia\u2019s relations with oil-producing Arab countries will be strengthened.&nbsp;<br><strong>(c)<\/strong>\u202fIndia will not depend on Pakistan for access to Afghanistan and Central Asia.&nbsp;<br><strong>(d)<\/strong>\u202fPakistan will facilitate and protect the installation of a gas pipeline between Iraq and India.&nbsp;<br><strong>Answer: (c)<\/strong>&nbsp;<br><br><strong>Mains<\/strong>&nbsp;<br><strong>Q.<\/strong>\u202fIn what ways would the ongoing U.S-Iran Nuclear Pact Controversy affect the national interest of India? How should India respond to this situation?\u202f<strong>(2018)<\/strong>&nbsp;<br><strong>Q.<\/strong>\u202fThe question of India\u2019s Energy Security constitutes the most important part of India\u2019s economic progress. Analyse India\u2019s energy policy cooperation with West Asian countries.\u202f<strong>(2017)<\/strong>&nbsp;<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.hindustantimes.com\/india-news\/india-iran-narrow-differences-on-long-term-pact-on-strategic-chabahar-port-101696431314535.html\" target=\"_blank\" rel=\"noreferrer noopener\">Hindustan Times<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Prompt_NPA_Labeling_for_Willful_Defaulters\"><\/span><strong>Prompt NPA Labeling for Willful Defaulters<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags:<\/strong> GS \u2013 3: Indian Economy (Banking in India)&nbsp;<\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_News\"><\/span><strong>Why in News:<\/strong> <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Recently, the Reserve Bank of India (RBI) in a draft proposal suggested that lenders should classify a borrower as a willful defaulter within six months of their account being declared a non-performing asset (NPA).&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Highlights_of_the_RBI_Draft\"><\/span><strong>Key Highlights of the RBI Draft<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>In the new system, <strong>willful defaulter borrowers must be identified by the lender within a defined six-month timeframe<\/strong>; this requirement was not there in the old one.&nbsp;<\/li><li>Within six months of an account becoming an NPA, <strong>lenders must evaluate willful default for accounts exceeding Rs 25 lakh<\/strong>.&nbsp;<\/li><li><strong>Evidence of willful default is examined by an Identification Committee<\/strong> established by lenders.&nbsp;<\/li><li>For willful defaulters, policies mandate non-discriminatory photo posting, and they are prohibited from receiving credit for up to one year following their removal from the List of willful Defaulters (LWD).&nbsp;<\/li><li>They are also prohibited from receiving credit for new endeavours for five years following LWD removal.&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Non-Performing_Assets_NPAs\"><\/span><strong>Non-Performing Assets (NPAs)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Loans or advances that are in default or are behind on scheduled principle or interest payments<\/strong> are categorized as NPAs. The majority of the time, debt is categorized as non-performing after loan payments have been missed for at least 90 days. <strong>If principal and interest are not paid for two cropping seasons in agriculture<\/strong>, the loan is considered to be non-performing (NPA).&nbsp;<\/li><li>NPAs are of two types:&nbsp;<ul><li><strong>Gross NPA:<\/strong> The total amount of all individual loan defaults is known as gross NPAs.&nbsp;<\/li><li><strong>Net NPA:<\/strong> The amount realized after the provision amount has been subtracted from the gross non-performing assets is known as net NPAs.&nbsp;<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Initiatives_taken_to_reduce_NPAs\"><\/span><strong>Initiatives taken to reduce NPAs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>National Asset Reconstruction Ltd (NARC):<\/strong>&nbsp;<ul><li>It will operate as <strong>an asset reconstruction company<\/strong>.&nbsp;<\/li><li>In order to relieve banks of their NPA, it would <strong>purchase bad loans <\/strong>from them.&nbsp;<\/li><li>The stressed loans will subsequently be <strong>put up for sale by NARC to distressed debt buyers<\/strong>.&nbsp;<\/li><li>For the purpose of selling these distressed assets on the market, the government has already established <strong>India Debt Resolution Company Ltd (IDRCL)<\/strong>. IDRCL will consequently make an effort to sell them in the market.&nbsp;<\/li><\/ul><\/li><li><strong>Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002:<\/strong>&nbsp;<ul><li>According to the SARFAESI Act, <strong>banks and other financial institutions are free to seize collateral assets and sell them to recover unpaid debts<\/strong>.&nbsp;<\/li><li>It enables banks to send demand notifications to borrowers who are in default and has measures for the enforcement of security interests.&nbsp;<\/li><\/ul><\/li><li><strong>Insolvency and Bankruptcy Code (IBC), 2016:<\/strong>&nbsp;<ul><li>A <strong>comprehensive framework for the settlement of insolvency and bankruptcy in India is provided by the IBC<\/strong>.&nbsp;<\/li><li>It <strong>aims to establish a creditor-friendly environment and speed up the settlement<\/strong> of stressed assets.&nbsp;<\/li><li>A debtor or creditor may start bankruptcy procedures against a non-paying borrower in accordance with the IBC.&nbsp;<\/li><li>To monitor the procedure, it formed the National Company Law Tribunal (NCLT) and the Insolvency and Bankruptcy Board of India (IBBI).&nbsp;<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Willful_Defaulter\"><\/span><strong>Willful Defaulter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>A borrower or guarantor <strong>who has committed willful default and the outstanding balance is Rs. 25 lakh or more<\/strong> is referred to as a willful defaulter.&nbsp;<\/li><li>A borrower whose account has been labelled as doubtful or a loss and has an outstanding amount of Rs 1 crore or more is referred to as a large defaulter.&nbsp;<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"pcrstb-wrap\"><table><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>UPSC CSE Previous Years Questions<\/strong>&nbsp;<br><br><strong>Prelims<\/strong>&nbsp;<br>Q. With reference to the governance of public sector banking in India, consider the following statements: (2018)&nbsp;<br>1. Capital infusion into public sector banks by the Government of India has steadily increased in the last decade.&nbsp;<br>2. To put the public sector banks in order, the merger of associate banks with the parent State Bank of India has been affected.&nbsp;<br>Which of the statements given above is\/are correct?&nbsp;<br>(a)&nbsp;&nbsp; 1 only&nbsp;<br>(b)&nbsp;&nbsp; 2 only&nbsp;<br>(c)&nbsp;&nbsp; Both 1 and 2&nbsp;<br>(d)&nbsp;&nbsp; Neither 1 nor 2&nbsp;<br>Answer: (b)&nbsp;<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p><a href=\"https:\/\/indianexpress.com\/article\/business\/declare-wilful-defaulters-within-6-months-npa-tag-rbi-proposal-8950548\/\" target=\"_blank\" rel=\"noreferrer noopener\">The Indian Express<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"More_Frequent_Cyclones_in_Eastern_Arabian_Sea\"><\/span><strong>More Frequent Cyclones in Eastern Arabian Sea<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags:<\/strong> GS \u2013 1: Physical Geography (Oceanography), GS \u2013 3: Environment (Climate Change)&nbsp;<\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"In_News-2\"><\/span><strong>In News:<\/strong> <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Recently, a study published in the Nature Journal highlights the concerns related to Climate Change causing frequent Tropical Cyclones (TC) in the Eastern Arabian Sea.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Highlights_of_the_Study\"><\/span><strong>Key Highlights of the Study<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Frequency and Severity of Cyclones:<\/strong> Tropical cyclones are becoming increasingly common and severe in the Eastern Arabian Sea, which is close to India&#8217;s west coast, as a result of changes in the ocean and atmosphere&#8217;s warming trends.&nbsp;<\/li><li><strong>Impact of Indian Ocean Dipole (IOD):<\/strong> In the western Indian Ocean area, the positive phase of IOD, when one portion of the ocean warms more than the other, causes higher sea surface temperatures and more precipitation.&nbsp;<\/li><li><strong>Human Interference:<\/strong> Human-induced climate change is contributing to the intensification and higher frequency of cyclones in the Arabian Sea.&nbsp;<\/li><li><strong>Impact on Western Indian Coastline:<\/strong> The densely populated coastal regions along India&#8217;s western coast, from Gujarat to Thiruvananthapuram, are at greater risk due to the intensity and rise in cyclone frequency, and face additional dangers such as strong winds, storm surges, heavy rainfall, and other associated hazards.&nbsp;<\/li><li><strong>Recommendations:<\/strong> The study stresses the need for modernised regulations and technology connected to storm warnings and localised weather services and argues for adjustments to development strategies to take into account growing cyclone threats.&nbsp;<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-center\"><img decoding=\"async\" src=\"blob:https:\/\/edukemy.com\/33856ec5-06b4-4a75-bb92-1f4cd1bf39a8\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Cyclones\"><\/span><strong>Cyclones:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>A <strong>low-pressure region which is surrounded by rapid inward air circulation<\/strong> is called cyclone. In <strong>Northern hemisphere, the air moves clockwise<\/strong> and in the <strong>Southern Hemisphere it moves anticlockwise<\/strong>. Storms and unfavourable weather are frequently present during cyclones.&nbsp;<\/li><li><strong>Classification:<\/strong> Generally, cyclones are of two types:&nbsp;<ul><li><strong>Tropical cyclones:<\/strong> Tropical cyclones develop in the <strong>region between the Tropics of Capricorn and Cancer.<\/strong> They are large-scale weather systems developing over tropical or subtropical waters, where they get organized into surface wind circulation. Tropical Cyclones are one of the <strong>most devastating natural calamities<\/strong> in the world.&nbsp;<\/li><li><strong>Extra Tropical\/ Temperate cyclones:<\/strong> These are referred to as <strong>mid-latitude depressions<\/strong>, temperate cyclones, frontal depressions and wave cyclones. These are active above the mid-latitudinal <strong>region between 35\u00b0 and 65\u00b0 latitude in both the hemispheres<\/strong>. The direction of movement is from west to east and more pronounced in the winter seasons.&nbsp;<\/li><\/ul><\/li><li><strong>Cyclones in India:<\/strong>&nbsp;<ul><li><strong>Tropical cyclones originate over the Bay of Bengal, Arabian Sea and the Indian ocean<\/strong>. These tropical cyclones have <strong>very high wind velocity and heavy rainfall<\/strong> and hit the Indian Coastal states of Tamil Nadu, Andhra Pradesh, West Bengal, Odisha and Gujarat (These five states are more vulnerable to cyclone disasters than others in India).&nbsp;<\/li><li>Most of these cyclones are <strong>very destructive<\/strong> due to high wind velocity and torrential rain that accompanies it.&nbsp;<\/li><\/ul><\/li><li><strong>Management of Cyclones:<\/strong>&nbsp;<ul><li>The <strong>structural measures<\/strong> include construction of cyclone shelters, construction of cyclone resistant buildings, road links, culverts, bridges, canals, drains, saline embankments, surface water tanks, communication and power transmission networks etc.&nbsp;<\/li><li><strong>Non-structural measures<\/strong> like early warning dissemination systems, management of coastal zones, awareness generation and disaster risk management and capacity building of all the stakeholders involved.&nbsp;<\/li><\/ul><\/li><\/ul>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"pcrstb-wrap\"><table><tbody><tr><td><strong>UPSC CSE Previous Years Questions<\/strong>&nbsp;<br><br><strong>Prelims<\/strong>&nbsp;<br><strong>Q. Consider the following statements: (2020)<\/strong>&nbsp;<br>1. Jet streams occur in the Northern Hemisphere only.&nbsp;<br>2. Only some cyclones develop an eye.&nbsp;<br>3. The temperature inside the eye of a cyclone is nearly 10\u00baC lesser than that of the surroundings.&nbsp;<br>Which of the statements given above is\/are correct?&nbsp;<br>(a)&nbsp;&nbsp; 1 only&nbsp;<br>(b)&nbsp;&nbsp; 2 and 3 only&nbsp;<br>(c)&nbsp;&nbsp; 2 only&nbsp;<br>(d)&nbsp;&nbsp; 1 and 3 only&nbsp;<br><strong>Answer: (c)<\/strong>&nbsp;<br><strong>Q. In the South Atlantic and South-Eastern Pacific regions in tropical latitudes, cyclone does not originate. What is the reason? (2015)<\/strong>&nbsp;<br>a. Sea surface temperatures are low&nbsp;<br>b. Inter-Tropical Convergence Zone seldom occurs&nbsp;<br>c. Coriolis force is too weak&nbsp;<br>d. Absence of land in those regions&nbsp;<br><strong>Answer: (b)<\/strong>&nbsp;<br><br><strong>Mains<\/strong>&nbsp;<br>Q. Tropical cyclones are largely confined to the South China Sea, Bay of Bengal and Gulf of Mexico. Why? (2014)&nbsp;<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p><a href=\"https:\/\/indianexpress.com\/article\/technology\/science\/climate-change-frequent-intense-cyclones-india-west-coast-8969486\/#:~:text=Human%2Dinduced%20climate%20change%20is,coast%2C%20finds%20a%20new%20study.&amp;text=Changes%20in%20the%20patterns%20of,according%20to%20a%20new%20study.\" target=\"_blank\" rel=\"noreferrer noopener\">The Indian Express<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Shri_Ramalinga_Swamy\"><\/span><strong>Shri Ramalinga Swamy<\/strong>&nbsp;&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: <\/strong>GS \u20131 History, Important Personalities&nbsp;<\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_news\"><\/span><strong>Why in news? <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Recently, The Prime Minister, Shri Narendra Modi addressed on the occasion of the 200th birth anniversary <strong>(5 October 1823 \u2013 30 January 1874) <\/strong>of Shri Ramalinga Swamy also known as Vallalar.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About-2\"><\/span><strong>About<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"has-text-align-center\"><img decoding=\"async\" src=\"blob:https:\/\/edukemy.com\/ea9a2aed-25e7-4df5-a7c9-d609058c68f1\"><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Shri Ramalinga Swamy was a <strong>prominent Tamil poet in the 19th century<\/strong>.&nbsp;<\/li><li>He belonged to a line of Tamil saints known as<strong> \u2018gnana siddhars\u2019 (gnana meaning higher wisdom).<\/strong>&nbsp;<\/li><li>Vallalar was <strong>strongly against the caste system<\/strong> and <strong>initiated the &#8216;Samarasa Vedha Sanmarga Sangam&#8217; in 1865<\/strong>, later <strong>renamed &#8216;Samarasa Suddha Sanmarga Sathya Sangam<\/strong>.&#8217;&nbsp;<\/li><li>According to Suddha Sanmarga, the <strong>prime aspects of human life should be love, connected with charity and divine practice<\/strong>, leading to pure knowledge.&nbsp;<\/li><li>Vallalar\u2019s vision transcends <strong>religious, caste, and creed barriers, recognizing divinity <\/strong>in every atom of the universe.&nbsp;<\/li><li>Establishments:&nbsp;<ul><li>He <strong>established \u2018The Sathya Dharma Salai<\/strong>,\u2019 a free food facility in Vadalur, Tamil Nadu in 1867, serving all people without caste distinctions.&nbsp;<\/li><li>Vallalar opened the \u2018<strong>Sathya Gnana Sabha\u2019 (Hall of True Knowledge) in Vadalur<\/strong>.&nbsp;<\/li><li>This aimed to propagate spiritual knowledge and foster a sense of unity among people.&nbsp;<\/li><\/ul><\/li><li>Philosophical Beliefs and Teachings:&nbsp;<ul><li>He <strong>introduced the concept of \u201cJeeva Karunyam<\/strong>,\u201d advocating <strong>non-violence<\/strong> and reverence for all life forms.&nbsp;<\/li><li>One of Vallalar&#8217;s primary teachings <strong>was &#8220;Service to Living Beings is the path of Liberation\/Moksha.&#8221;<\/strong>&nbsp;<\/li><li>He <strong>forbade killing animals for the sake of food<\/strong> and advocated <strong>feeding the poor<\/strong> as the highest form of worship.&nbsp;<\/li><li>Vallalar believed that the <strong>intelligence possessed by humans is illusory (Maya) intelligence and not accurate or final.<\/strong>&nbsp;<\/li><\/ul><\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/pib.gov.in\/PressReleaseIframePage.aspx?PRID=1964585#:~:text=On%20this%20pious%20occasion%2C%20the,one%20around%20us%20goes%20hungry.\" target=\"_blank\" rel=\"noreferrer noopener\">PIB Gov.<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Ganges_River_Dolphin\"><\/span><strong>Ganges River Dolphin<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: <\/strong>GS \u20133 Environment &amp; Conservation&nbsp;<\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_news-2\"><\/span><strong>Why in news? <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A recent publication by scientists and researchers has revealed that 19 Gangetic River dolphins had been rescued from the irrigation canals of the Ganga-Ghagra basin in Uttar Pradesh between 2013 and 2020.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About-3\"><\/span><strong>About<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"has-text-align-center\"><img decoding=\"async\" src=\"blob:https:\/\/edukemy.com\/28ca04ce-d769-49c0-b000-509b481d5ed2\"><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Ganges River Dolphin (Platanista gangetica) <\/strong>is <strong>a freshwater species.<\/strong>&nbsp;<\/li><li>Habitat: It inhabits the <strong>Ganges-Brahmaputra-Meghna and Karnaphuli-Sangu River systems of Nepal, India, and Bangladesh.<\/strong>&nbsp;<\/li><li>According to the recent study in the Ganga River Basin, the species recorded from the mainstream of <strong>Ganga River followed by the tributaries, Ghagra, Kosi, Gandak, Chambal, Rupnarayan, and Yamuna.<\/strong>&nbsp;<\/li><li>Common Names: Blind dolphin, Ganges dolphin, Ganges susu, hihu, side-swimming dolphin, South Asian River Dolphin&nbsp;<\/li><li>Features:&nbsp;<ul><li><strong>A long thin snout, rounded belly, stocky body<\/strong> and <strong>large flippers<\/strong> are characteristics of the Ganges River dolphin.&nbsp;<\/li><li>It <strong>can only live in freshwater<\/strong> and is <strong>essentially blind<\/strong>.&nbsp;&nbsp;<\/li><li>They <strong>hunt by emitting ultrasonic sounds<\/strong>, which bounces off of fish and other prey, enabling them to \u201csee\u201d an image in their mind.&nbsp;<\/li><li>Being a mammal, the <strong>Ganges River dolphin cannot breathe in the water and must surface every 30-120 seconds.<\/strong>&nbsp;&nbsp;<\/li><li><strong>Because of the sound<\/strong> it produces when breathing, the animal is popularly <strong>referred to as the &#8216;Susu&#8217;.<\/strong>&nbsp;<\/li><li>They are frequently <strong>found alone or in small groups<\/strong>, and generally a mother and calf travel together.&nbsp;<\/li><li><strong>Females are larger than males<\/strong> and <strong>give birth once every two to three years to only one calf.<\/strong>&nbsp;<\/li><\/ul><\/li><li>Importance:&nbsp;<ul><li>The government of India declared it the <strong>National Aquatic Animal in 2009<\/strong>.&nbsp;<\/li><li>It is also the <strong>State Aquatic Animal of Assam<\/strong>.&nbsp;<\/li><li>It is a reliable indicator of the health of the entire river ecosystem.&nbsp;<\/li><\/ul><\/li><li>Conservation status:&nbsp;<ul><li>IUCN: <strong>Endangered<\/strong>&nbsp;<\/li><li>Wildlife (Protection) Act: <strong>Schedule-I&nbsp;<\/strong>&nbsp;<\/li><li>CITES<strong>: Appendix I<\/strong>&nbsp;<\/li><\/ul><\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/www.thehindu.com\/sci-tech\/energy-and-environment\/19-dolphins-rescued-alive-from-canals-of-ganga-ghagra-basin-says-study\/article67392753.ece\" target=\"_blank\" rel=\"noreferrer noopener\">The Hindu<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Third_Intifada\"><\/span><strong>Third Intifada<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: <\/strong>GS \u2013 2 International Relation&nbsp;<\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_news-3\"><\/span><strong>Why in news? <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The recent escalation in the Hamas-Israel conflict has raised concerns about a Third Intifada.&nbsp;&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About-4\"><\/span><strong>About<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"has-text-align-center\"><img decoding=\"async\" src=\"blob:https:\/\/edukemy.com\/89dd4dd7-31c1-412e-b1c5-84664efbe03f\"><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Hamas is the largest Palestinian militant Islamist group<\/strong> that has controlled Gaza since 2006.&nbsp;<\/li><li>Currently, it governs more than two million Palestinians in the Gaza Strip.&nbsp;<\/li><li><strong>Foundation:&nbsp;&nbsp;<\/strong>&nbsp;<ul><li>The <strong>group was founded in the late 1980s<\/strong>, <strong>after the<\/strong> <strong>beginning of the first Palestinian intifada,<\/strong> or uprising, <strong>against Israel\u2019s occupation of the West Bank and Gaza Strip.<\/strong>&nbsp;<\/li><li>Hamas as a whole, or in some cases its military wing, is<strong> designated a terrorist group by Israel, the United States, the European Union, the United Kingdom, and other countries.<\/strong>&nbsp;<\/li><li><strong>Intifada means &#8216;shake off&#8217; in Arabic<\/strong> and was <strong>used to describe the Palestinian uprising against Israeli presence in the West Bank and Gaza.<\/strong>&nbsp;<\/li><li>The <strong>First Intifada lasted from 1987 to 1993<\/strong>, and the <strong>Second Intifada from 2000-2005<\/strong>.&nbsp;<\/li><li>The <strong>uprisings were spearheaded by Palestinian youth<\/strong> who were fed up with the treatment they faced from Israeli settlers.&nbsp;<\/li><li>Tensions between Israel and Palestine have not subsided since the end of the Second Intifada.&nbsp;<\/li><\/ul><\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/indianexpress.com\/article\/explained\/explained-global\/third-intifada-hamas-israel-escalation-8972498\/\" target=\"_blank\" rel=\"noreferrer noopener\">The Indian Express<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Automatic_%E2%80%98Status_Holder_Certificates_Boost_Indian_Exports\"><\/span><strong>Automatic &#8216;Status Holder&#8217; Certificates Boost Indian Exports<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: <\/strong>GS \u20133 Economy, GS-2 Government Policy and Intervention&nbsp;<\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_news-4\"><\/span><strong>Why in news? <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Recently, the Union Commerce Minister unveiled system-based automatic \u2018<strong>Status Holder\u2019 certificates <\/strong>under Foreign Trade Policy 2023.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About-5\"><\/span><strong>About<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>The Status Holder certification program<strong> provides credibility to Indian exporters in the international markets.&nbsp;<\/strong>&nbsp;<\/li><li><strong>At present<\/strong>, the <strong>exporter is required to file an online application along with an export certificate from a chartered accountant for the grant of status<\/strong>. The DGFT Regional Offices will then issue the certificate in three days.&nbsp;<\/li><li>The new arrangement <strong>eliminates the need for exporters to apply for a Status Certificate manually<\/strong>, <strong>relying instead on an IT system&#8217;s assessment<\/strong> based on available merchandise <strong>export data and risk parameters from the Directorate General of Commercial Intelligence and Statistics (DGCIS).<\/strong>&nbsp;<\/li><li>In addition, <strong>it provides certain other privileges including simplified procedures under FTP 2023<\/strong> and <strong>priority custom clearances<\/strong> on a self-declaration basis, <strong>exemption from compulsory negotiation of documents through banks,<\/strong> exemption from filing Bank Guarantees for FTP schemes, etc.&nbsp;<\/li><li>This shift <strong>reduces compliance burdens and fosters ease of doing business<\/strong>.&nbsp;<\/li><li>This initiative, <strong>recognizing about 20,000 exporters as Status Holders<\/strong>, is poised to significantly boost the export ecosystem and <strong>help achieve India&#8217;s export target of USD 2 Trillion by 2030.<\/strong>&nbsp;<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/pib.gov.in\/PressReleaseIframePage.aspx?PRID=1966127\" target=\"_blank\" rel=\"noreferrer noopener\">PIB Gov.<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Chakravat_2023\"><\/span><strong>Chakravat 2023<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: <\/strong>GS \u20133 Disaster Management&nbsp;<\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_news-5\"><\/span><strong>Why in news? <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The 2023 edition of the Annual Joint HADR Exercise, CHAKRAVAT, is being hosted by the Indian Navy at Goa from 09 to 11 Oct 23.&nbsp;<\/p>\n\n\n\n<p class=\"has-text-align-center\"><img decoding=\"async\" src=\"blob:https:\/\/edukemy.com\/709d1834-1804-4de8-a832-aff5ade2a10a\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About-6\"><\/span><strong>About<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Exercise CHAKRAVAT is an <strong>Annual Joint Humanitarian Assistance and Disaster Relief HADR Exercise (AJHE).<\/strong>&nbsp;<\/li><li>The exercise has been <strong>conducted by the Indian Army, Indian Navy and Indian Air Force in rotation since 2016.<\/strong> The last edition of the exercise was conducted at Agra by IAF.&nbsp;<\/li><li>The 2023 edition of the exercise is being hosted by the Indian Navy at Goa.&nbsp;<\/li><li><strong>Since its first edition in 2015<\/strong>, the Annual Joint HADR Exercise, CHAKRAVAT has <strong>transformed itself into a multi-agency endeavor.<\/strong>&nbsp;<\/li><li>It <strong>involves the participation of all three Services<\/strong>, Paramilitary Forces, as well as several <strong>disaster response organizations, NGOs<\/strong>, academic institutions, and <strong>international organizations.<\/strong>&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2023_Edition\"><\/span><strong>2023 Edition<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>AJHE-23, planned over three days includes a seminar, a Table-Top Exercise, and a Multi-Agency Capability Demonstration.&nbsp;&nbsp;<\/li><li>The <strong>2023 edition <\/strong>would further<strong> synergize efforts at the national level among all stakeholders<\/strong>, as well as witness <strong>participation from eight countries of the Indian Ocean Region<\/strong>.&nbsp;<\/li><li>The exercise will witness <strong>participation from various national agencies<\/strong> namely, <strong>National Disaster Management Authority (NDMA),<\/strong> National Disaster Response Force (NDRF), National Institute for Disaster Management (NIDM),<strong> Indian Army, Indian Navy, Indian Air Force, Coast Guard, <\/strong>Indian Metrological Department (IMD) and other organizations.&nbsp;<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/pib.gov.in\/PressReleaseIframePage.aspx?PRID=1965929#:~:text=The%20exercise%20has%20been%20conducted,09%20to%2011%20Oct%2023.\" target=\"_blank\" rel=\"noreferrer noopener\">PIB Gov.<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Operation_Kachchhap\"><\/span><strong>Operation Kachchhap<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: <\/strong>GS \u20133 Environment, Conservation&nbsp;<\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_news-6\"><\/span><strong>Why in news? <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Recently, the Directorate of Revenue Intelligence (DRI) saved 955 live baby Gangetic turtles in a crackdown on illegal wildlife trade in multicity Operation \u201cKachchhap\u201d.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About-7\"><\/span><strong>About<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>The Wildlife Protection Society of India (WPSI) launched Operation Kachhapa in September 1998.<\/strong>&nbsp;<\/li><li>The objective is to <strong>reduce turtle mortality and try to safeguard the future<\/strong> of the species by concentrating on three main activities:&nbsp;<ul><li>To <strong>improve patrolling of non-fishing zones<\/strong> and <strong>the protection of nesting sites<\/strong>.&nbsp;<\/li><li>To <strong>support legal action on turtle conservation<\/strong> and fishing law violations.&nbsp;<\/li><li>To <strong>build public support and awareness<\/strong> of sea turtle conservation issues.&nbsp;<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"More_About_the_news\"><\/span><strong>More About the news<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>These baby turtles, include species like the <strong>Indian Tent Turtle, Indian Flapshell Turtle, Crown River Turtle, Black Spotted\/Pond Turtle, and Brown Roofed Turtle.<\/strong>&nbsp;<\/li><li>The DRI had received intelligence about a syndicate engaged in the illegal trafficking and trading of <strong>these turtles<\/strong>, some of which are considered <strong>vulnerable or near-threatened species according to the IUCN Red List and are protected under the Wildlife (Protection) Act, 1972.<\/strong>&nbsp;<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-center\"><img decoding=\"async\" src=\"blob:https:\/\/edukemy.com\/dd4ab4f2-bd7d-46c2-9e88-0c7d66c182b9\"><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>This operation is <strong>part of the DRI\u2019s ongoing efforts to protect the environment and combat illegal wildlife trafficking.<\/strong>&nbsp;<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=1962751\" target=\"_blank\" rel=\"noreferrer noopener\">PIB Gov<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"In_case_you_still_have_your_doubts_contact_us_on_9811333901\"><\/span><strong>In case you still have your doubts, contact us on 9811333901.<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>For UPSC Prelims Resources,&nbsp;<a href=\"https:\/\/edukemy.com\/upsc-cse-prelims-resource-centre\" target=\"_blank\" rel=\"noreferrer noopener\">Click here<\/a><\/p>\n\n\n\n<p>For Daily Updates and Study Material:<\/p>\n\n\n\n<p>Join our Telegram Channel &#8211;&nbsp;<a href=\"https:\/\/t.me\/WithEdukemy4IAS\" target=\"_blank\" rel=\"noreferrer noopener\">Edukemy for IAS<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>1. Learn through Videos &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3vOD8sU\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>2. Be Exam Ready by Practicing Daily MCQs &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3Q9z2nF\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>3. Daily Newsletter &#8211; Get all your Current Affairs Covered &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3bE2y5J\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>4. Mains Answer Writing Practice &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3mZuVxl\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Visit_our_YouTube_Channel_%E2%80%93_here\"><\/span>Visit our YouTube Channel &#8211;&nbsp;<a href=\"https:\/\/www.youtube.com\/@ShabbirsEduKemyforIAS\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><span class=\"ez-toc-section-end\"><\/span><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>A state of war has been declared by Israel, after the Hamas militants infiltrated the Israeli territory and took many citizens hostage.\u00a0<\/p>\n","protected":false},"author":17,"featured_media":12376,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[265],"tags":[160,161,232,213],"class_list":["post-12373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs","tag-daily-current-affairs","tag-daily-current-affairs-upsc","tag-upsc","tag-upsc-notes"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/12373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/comments?post=12373"}],"version-history":[{"count":4,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/12373\/revisions"}],"predecessor-version":[{"id":15525,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/12373\/revisions\/15525"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media\/12376"}],"wp:attachment":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media?parent=12373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/categories?post=12373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/tags?post=12373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}