{"id":42984,"date":"2024-06-29T11:56:34","date_gmt":"2024-06-29T11:56:34","guid":{"rendered":"https:\/\/edukemy.com\/blog\/?p=42984"},"modified":"2024-06-29T11:56:35","modified_gmt":"2024-06-29T11:56:35","slug":"upsc-daily-current-affairs-29th-june-2024-edukemy","status":"publish","type":"post","link":"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/","title":{"rendered":"UPSC Daily Current Affairs &#8211; 29th June 2024 &#8211; Edukemy"},"content":{"rendered":"\n<p>In today&#8217;s daily current affairs briefing for UPSC aspirants, we explore the latest developments that hold relevance for the upcoming civil services examination. Our focus today includes a critical analysis of recent policy changes, international affairs, and national developments, all of which play a pivotal role in shaping the socio-political and economic landscape of India. Stay informed and stay ahead in your UPSC preparations with our daily current affairs updates, as we provide you with concise, well-researched insights to help you connect the dots between contemporary events and the broader canvas of the civil services syllabus.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/edukemy.com\/upsc-current-affairs?utm_source=Blog&amp;utm_medium=Banner&amp;utm_campaign=Current+Affairs\" target=\"_blank\" rel=\"noreferrer noopener\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1280\" height=\"300\" src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/19.png\" alt=\"\" class=\"wp-image-42406\" srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/19.png 1280w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/19-1170x274.png 1170w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/19-585x137.png 585w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/a><\/figure>\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-69f3485782774\" 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-69f3485782774\"  \/><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-29th-june-2024-edukemy\/#India_Inclusion_in_JP_Morgan_EM_Bond_Index\" title=\"India Inclusion in JP Morgan EM Bond Index\">India Inclusion in JP Morgan EM Bond Index<\/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-29th-june-2024-edukemy\/#Why_in_the_News\" title=\"Why in the News?\">Why in the 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-29th-june-2024-edukemy\/#Indian_Bond_Market\" title=\"Indian Bond Market:\">Indian Bond Market:<\/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-29th-june-2024-edukemy\/#What_is_the_JP_Morgan_Emerging_Market_Index\" title=\"What is the JP Morgan Emerging Market Index?\">What is the JP Morgan Emerging Market Index?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#What_was_JP_Morgans_Announcement\" title=\"What was JP Morgan\u2019s Announcement?\">What was JP Morgan\u2019s Announcement?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Impact_of_IGBs_Inclusion\" title=\"Impact of IGBs Inclusion:\">Impact of IGBs Inclusion:<\/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-29th-june-2024-edukemy\/#Will_Higher_Inflows_be_a_Concern_for_RBI\" title=\"Will Higher Inflows be a Concern for RBI?\">Will Higher Inflows be a Concern for RBI?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#NEETNET_fiasco_Time_for_Technology\" title=\"NEET\/NET fiasco: Time for Technology&nbsp;\">NEET\/NET fiasco: Time for Technology&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Why_in_the_news\" title=\"Why in the news?\">Why in the news?<\/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-29th-june-2024-edukemy\/#Problems_Associated_with_Indias_Examination_System\" title=\"Problems Associated with India\u2019s Examination System:\">Problems Associated with India\u2019s Examination System:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#The_Necessity_of_Robust_Examination_Systems\" title=\"The Necessity of Robust Examination Systems:\">The Necessity of Robust Examination Systems:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Proposals_for_Systematic_Reforms_to_Prevent_Malpractices_and_Frauds\" title=\"Proposals for Systematic Reforms to Prevent Malpractices and Frauds:\">Proposals for Systematic Reforms to Prevent Malpractices and Frauds:<\/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-29th-june-2024-edukemy\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Controversy_over_Sengol_in_Lok_Sabha\" title=\"Controversy over Sengol in Lok Sabha&nbsp;\">Controversy over Sengol in Lok Sabha&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Why_in_the_News-2\" title=\"Why in the News?\">Why in the News?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#What_is_a_Sengol\" title=\"What is a Sengol?\">What is a Sengol?<\/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-29th-june-2024-edukemy\/#Significance_in_the_Present_Context\" title=\"Significance in the Present Context:\">Significance in the Present Context:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#1947_Sengol_Ceremony_Involving_Nehru\" title=\"1947 Sengol Ceremony Involving Nehru:\">1947 Sengol Ceremony Involving Nehru:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#RBI_releases_the_Financial_Stability_Report_2024\" title=\"RBI releases the Financial Stability Report, 2024\">RBI releases the Financial Stability Report, 2024<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Why_in_the_news-2\" title=\"Why in the news?\">Why in the news?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Key_Highlights_of_the_Financial_Stability_Report_FSR\" title=\"Key Highlights of the Financial Stability Report (FSR):\">Key Highlights of the Financial Stability Report (FSR):<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#1_Global_Economic_Context\" title=\"[1] Global Economic Context:\">[1] Global Economic Context:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#2_Indian_Economy_and_Financial_System\" title=\"[2] Indian Economy and Financial System:\">[2] Indian Economy and Financial System:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#3_Financial_Metrics_for_Scheduled_Commercial_Banks_SCBs\" title=\"[3] Financial Metrics for Scheduled Commercial Banks (SCBs):\">[3] Financial Metrics for Scheduled Commercial Banks (SCBs):<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#4_Macro_Stress_Tests_for_Credit_Risk\" title=\"[4] Macro Stress Tests for Credit Risk:\">[4] Macro Stress Tests for Credit Risk:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#5_Health_of_Non-Banking_Financial_Companies_NBFCs\" title=\"[5] Health of Non-Banking Financial Companies (NBFCs):\">[5] Health of Non-Banking Financial Companies (NBFCs):<\/a><\/li><\/ul><\/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-29th-june-2024-edukemy\/#UNODC_World_Drug_Report_2024\" title=\"UNODC World Drug Report 2024\">UNODC World Drug Report 2024<\/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-29th-june-2024-edukemy\/#Why_in_the_News-3\" title=\"Why in the News?\">Why in the 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-29th-june-2024-edukemy\/#About_UNODC\" title=\"About UNODC:\">About UNODC:<\/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-29th-june-2024-edukemy\/#Cannabis_Use\" title=\"Cannabis Use:&nbsp;\">Cannabis Use:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-31\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#International_Laws_Regulating_Cannabis\" title=\"International Laws Regulating Cannabis:\">International Laws Regulating Cannabis:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-32\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Indian_Context_Narcotic_Drugs_and_Psychotropic_Substances_Act_NDPS_1985\" title=\"Indian Context: Narcotic Drugs and Psychotropic Substances Act (NDPS), 1985:\">Indian Context: Narcotic Drugs and Psychotropic Substances Act (NDPS), 1985:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-33\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Himalayan_Serow\" title=\"Himalayan Serow&nbsp;\">Himalayan Serow&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-34\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Why_in_the_News-4\" title=\"Why in the News?\">Why in the News?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-35\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#About_Himalayan_Serow\" title=\"About Himalayan Serow:\">About Himalayan Serow:<\/a><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-29th-june-2024-edukemy\/#Details\" title=\"Details:\">Details:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-37\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Recognition\" title=\"Recognition:\">Recognition:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-38\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Distribution\" title=\"Distribution:\">Distribution:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-39\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Conservation_Status\" title=\"Conservation Status:\">Conservation Status:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-40\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Raimona_National_Park\" title=\"Raimona National Park:\">Raimona National Park:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-41\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Pasi_Community\" title=\"Pasi Community&nbsp;\">Pasi Community&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-42\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Why_in_the_news-3\" title=\"Why in the news?\">Why in the news?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-43\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Parliamentary_Oath\" title=\"Parliamentary Oath:\">Parliamentary Oath:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-44\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Invoking_Icons_during_Oath-Taking\" title=\"Invoking Icons during Oath-Taking:\">Invoking Icons during Oath-Taking:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-45\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Indian_Painted_Frog_Uperodon_taprobanicus\" title=\"Indian Painted Frog (Uperodon taprobanicus)\">Indian Painted Frog (Uperodon taprobanicus)<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-46\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Why_in_the_news-4\" title=\"Why in the news?\">Why in the news?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-47\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#About_the_Indian_Painted_Frog\" title=\"About the Indian Painted Frog:\">About the Indian Painted Frog:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-48\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-49\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Q_What_are_daily_current_affairs\" title=\"Q: What are daily current affairs?\">Q: What are daily current affairs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-50\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Q_Why_is_it_important_to_stay_updated_with_daily_current_affairs\" title=\"Q: Why is it important to stay updated with daily current affairs?\">Q: Why is it important to stay updated with daily current affairs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-51\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Q_Where_can_I_access_daily_current_affairs_information\" title=\"Q: Where can I access daily current affairs information?\">Q: Where can I access daily current affairs information?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-52\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Q_How_can_I_effectively_incorporate_daily_current_affairs_into_my_routine\" title=\"Q: How can I effectively incorporate daily current affairs into my routine?\">Q: How can I effectively incorporate daily current affairs into my routine?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-53\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Q_What_are_some_tips_for_critical_analysis_of_daily_current_affairs\" title=\"Q: What are some tips for critical analysis of daily current affairs?\">Q: What are some tips for critical analysis of daily current affairs?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-54\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#To_get_free_counselingsupport_on_UPSC_preparation_from_expert_mentors_please_call_9773890604\" title=\"To get free counseling\/support on UPSC preparation from expert mentors please call 9773890604\">To get free counseling\/support on UPSC preparation from expert mentors please call 9773890604<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-55\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-29th-june-2024-edukemy\/#Visit_our_YouTube_Channel_%E2%80%93_Here\" title=\"Visit our YouTube Channel \u2013 Here\">Visit our YouTube Channel \u2013 Here<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"India_Inclusion_in_JP_Morgan_EM_Bond_Index\"><\/span><strong>India Inclusion in JP Morgan EM Bond Index<\/strong><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: GS-3, Economy- Growth &amp; Development- Banking Sector &amp; NBFCs<\/strong><\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_News\"><\/span><strong>Why in the News?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Recently, India has officially been included in JP Morgan&#8217;s Government Bond Index-Emerging Markets (GBI-EM).&nbsp;<\/li><li>This inclusion is expected to bring nearly $20-25 billion into the country over the next 10 months, aiding India in managing its external finances, bolstering foreign exchange reserves, and strengthening the rupee.<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXfxfh02pw-7_tA57qcDVKBlWe09YoKinIn_9Gj4Mg1QujEGgCGbGqd7QZ7LF0cD_Lza2QCISnzJIMHam0Gp4r0MzfedyYS0cLlDXisgwspy4kgBpvIt5wnjkglDXdq3URJ0u4gheVyrS2Alw89n7g9jxRbT7vA1F4uvuYXvN6FCHLMHJllvBY8?key=nb8CpQ8An1SfizCbQDi1qg\" alt=\"Indian Bond Market\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Indian Bond Market<\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Indian_Bond_Market\"><\/span><strong>Indian Bond Market:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Importance of Bond Markets:<\/strong><ul><li>Bond markets are advantageous for corporate entities and government bodies, providing a flexible and efficient capital-raising mechanism.<\/li><li>They help companies avoid equity dilution.<\/li><li>The cost of capital is reduced since interest expenses on debt instruments are tax-deductible, making bonds a more attractive financing option than other methods.<\/li><\/ul><\/li><li><strong>India&#8217;s Bond Market:<\/strong><ul><li>India\u2019s bond market plays a crucial role in its economic framework.<\/li><li>As of September 2023, the government bond market size is $1.3 trillion, with corporate bonds at $0.6 trillion.<\/li><\/ul><\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXcFAPxNhhuHsSFEJ9hTzYsk2rRgRbkPo1byTo1-rwpFKi2X9AzgSRTJJy2nTR6BnTjOY0-h-j9X2ru73xCtxbEiSTIE4kvKmiQkuMpf-Yp0rB4-ENhO3LlUSVyNXpkYmefzek2sJG_avZ1Xl50yHw9smMV_wnn8g2QocO4YhGV8u7uuujR4eA?key=nb8CpQ8An1SfizCbQDi1qg\" alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><\/figure><\/div>\n\n\n<ul class=\"wp-block-list\"><li><strong>Challenges in Indian Bond Markets:<\/strong><ul><li>Narrow investment base<\/li><li>Insufficient participation by foreign investors<\/li><li>Virtually nonexistent secondary market<\/li><li>Private placement (sale of stock shares or bonds to pre-selected investors and institutions rather than publicly on the open market)<\/li><\/ul><\/li><li><strong>Solutions:<\/strong><ul><li>Inclusion in Global Indices<\/li><li>Presence of market makers on both buy and sell-side<\/li><li>No credit default swaps<\/li><li>\u201cBonds bhi \u2018Sahi Hain\u2019\u201d marketing campaign to attract all age groups in society<\/li><li>Credit enhancement frameworks<\/li><li>Incentivizing the issuer<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_JP_Morgan_Emerging_Market_Index\"><\/span><strong>What is the JP Morgan Emerging Market Index?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Created in the early 1990s, it is the most widely referenced index for emerging market bonds and serves as benchmarks for local market and corporate EM bonds.<\/li><li>It started with the issuance of the first Brady bond, denominated in U.S. dollars, issued by developing countries and backed by U.S. Treasury bonds.<\/li><li>It expanded to include the GBI-EM (in 2005) and the Corporate Emerging Markets Bond Index (CEMBI).<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_was_JP_Morgans_Announcement\"><\/span><strong>What was JP Morgan\u2019s Announcement?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>JP Morgan announced the inclusion of Indian Government Bonds (IGBs) in its emerging markets bond index starting June 28, 2024.<\/li><li>23 IGBs meet the index eligibility criteria, with a combined notional value of approximately Rs 27 lakh crore or $330 billion.<\/li><li>Only IGBs under the Fully Accessible Route (FAR), introduced by the RBI in 2020 to enable non-residents to invest in specified Government of India dated securities, are eligible for the index.<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXffYZSsxOm9rbgmlAQ4C0G-DJw-8c1X8YzTj8m9e_nQ4yc_hwHNLizGSOTmJnqpiRrPf_GViBsO-pp2D7g8R1tKCmfntQ4K3fLxcQVEaal6UlwT_Jiu1D6RyB98O_Wj-ZsJS0hKiSbAw4qMDDQhLLekdA3lRx_QGZnZmaxMnp3nisGUVezEvH8?key=nb8CpQ8An1SfizCbQDi1qg\" alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Impact_of_IGBs_Inclusion\"><\/span><strong>Impact of IGBs Inclusion:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>India is expected to reach the maximum weight of 10% in the GBI-EM Global Diversified Index (GBI-EM GD).<\/li><li>Higher weightage will prompt global investors to allocate more funds (~$2-3 billion flows to India every month) for investment in Indian debt.<\/li><li>This will reduce risk premia, help finance India\u2019s fiscal and current account deficit (CAD), enhance the liquidity and ownership base of government securities (G-secs), and support the diversification of the investor base for Indian government securities.<\/li><li>It could help lower funding costs slightly and further develop domestic capital markets.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Will_Higher_Inflows_be_a_Concern_for_RBI\"><\/span><strong>Will Higher Inflows be a Concern for RBI?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>When the Reserve Bank of India (RBI) removes dollars from the market, it must release an equal amount in rupees.<\/li><li>While higher inflows will boost the rupee, the RBI will need to use its tools to manage resultant inflationary pressures.<\/li><\/ul>\n\n\n\n<p><strong>Source:<\/strong> <a href=\"https:\/\/indianexpress.com\/article\/explained\/explained-economics\/indian-govt-bonds-jp-morgan-index-9417977\/\">IE<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"NEETNET_fiasco_Time_for_Technology\"><\/span><strong>NEET\/NET fiasco: Time for Technology&nbsp;<\/strong><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: GS &#8211; 2, Polity &amp; Governance &#8211; Education- Human Resource\u2013 Transparency &amp; Accountability<\/strong><\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_news\"><\/span><strong>Why in the news?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>The recent issues with the NEET and UGC NET exams have revealed significant flaws in India&#8217;s examination system, with the National Testing Agency (NTA) being heavily criticised.&nbsp;<\/li><li>The government responded by removing the NTA director and initiating investigations that led to several arrests.<\/li><li>However, a comprehensive and systematic solution is crucial to prevent future crises and to maintain the integrity and reliability of mass-scale testing.<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXems00R5a3F1pbS1mFbOPKd06piqiqSJPfJQSfY2HyC3MPDPkQ8Qtr9KakXFuYwzhYPgTUUdUUY-buv3NOmKJOfgii-Lzns8H9BehMbShwkDSrtWdPTpa7zM22ZZnyhZfgk2tJC0iNKxIuLcODI8gKXX3B6C_nGlmoifygIpoPRNdVUjrjLzg?key=nb8CpQ8An1SfizCbQDi1qg\" alt=\"India\u2019s Examination System\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>India\u2019s Examination System<\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Problems_Associated_with_Indias_Examination_System\"><\/span><strong>Problems Associated with India\u2019s Examination System:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>The High-Stakes Exam Culture:<\/strong><ul><li>The current system relies on a single high-stakes exam for professional course selection, which has several issues.<\/li><li>This encourages rote learning over conceptual understanding, leading to the growth of coaching centres.<\/li><li>These centres focus on exam strategies rather than holistic education, generating substantial profits while putting students under intense pressure and limiting personal growth.<\/li><\/ul><\/li><li><strong>Mismatched Aptitude and Course Selection:<\/strong><ul><li>This is particularly evident in engineering, where the number of graduates has decreased by 40% over the past five years, indicating a lack of sustained interest post-admission.<\/li><li>The current selection process does not adequately consider students&#8217; genuine interests and aptitudes.<\/li><\/ul><\/li><li><strong>The Undermined School System:<\/strong><ul><li>The dominance of coaching institutions has severely impacted the school system, especially in higher classes (11th and 12th grades).<\/li><li>The focus on rote-based learning compromises the holistic personality development envisioned in policies like the National Education Policy (NEP) 2020.<\/li><li>This shift from comprehensive education to narrow exam preparation harms students&#8217; overall development.<\/li><\/ul><\/li><li><strong>Flaws in Assessment and Evaluation:<\/strong><ul><li>The 10th and 12th Class Board exams are summative assessments that encourage cramming rather than deep learning.<\/li><li>Although NEP 2020 advocates for formative and competency-based assessments, the 2022-23 deadline for implementing these reforms has passed without significant progress.<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Necessity_of_Robust_Examination_Systems\"><\/span><strong>The Necessity of Robust Examination Systems:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Ensuring Fairness and Integrity:<\/strong><ul><li>The primary purpose of any examination system is to ensure fairness and integrity in the assessment process.<\/li><li>A robust system minimises the chances of malpractice and fraud, ensuring that results reflect the true capabilities and knowledge of the candidates.<\/li><li>The recent reliance on pen-and-paper exams has exposed vulnerabilities, including paper leaks and impersonation.<\/li><\/ul><\/li><li><strong>Enhancing Credibility and Trust:<\/strong><ul><li>A reliable examination system is crucial for maintaining the credibility of educational institutions and the government.<\/li><li>Transparent and secure exam processes build trust among stakeholders, including students, parents, and employers.<\/li><li>This trust is foundational for the legitimacy of educational credentials and, by extension, the career prospects of students.<\/li><\/ul><\/li><li><strong>Promoting Holistic Assessment:<\/strong><ul><li>A robust system would integrate multiple forms of assessment, including formative assessments, project-based evaluations, and practical applications.<\/li><li>This approach provides a more holistic view of a student&#8217;s capabilities, including critical thinking, problem-solving, and practical skills.<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Proposals_for_Systematic_Reforms_to_Prevent_Malpractices_and_Frauds\"><\/span><strong>Proposals for Systematic Reforms to Prevent Malpractices and Frauds:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Adapting to Technological Advancements:<\/strong><ul><li>The education sector must keep pace with rapid technological advancements.<\/li><li>A robust examination system would leverage technology for conducting, preparing, and evaluating exams.<\/li><li>Online testing platforms, AI-based proctoring, and automated evaluation can enhance the efficiency and reliability of the examination process.<\/li><li>AI-based proctoring can detect even minor discrepancies, reducing the likelihood of cheating and ensuring a fair assessment environment.<\/li><li>Teachers contributing to the question bank and testing items for difficulty levels would create a participative system, aligning with NEP 2020 objectives.<\/li><\/ul><\/li><li><strong>Standardising Assessment Methods:<\/strong><ul><li>The government should introduce a system where 40% of the admission weightage is based on eight quarterly academic assessments conducted online over two years.<\/li><li>These assessments, taken within schools, would be proctored using AI-based fraud detection to ensure integrity.<\/li><li>The question banks should emphasise critical thinking, conceptual understanding, and problem-solving skills.<\/li><li>Another 40% weightage should be assigned to social and professional aptitude, assessed through two six-week internships related to the chosen field of study and mandatory participation in social upliftment programs like NSS\/NCC.<\/li><li>The remaining 20% weightage should be allocated to the final NEET\/JEE exam, conducted online at least twice a year, allowing students to choose their best score for final consideration.<\/li><\/ul><\/li><li><strong>Supporting Continuous and Comprehensive Evaluation:<\/strong><ul><li>One of the critical flaws in the current system is the reliance on a single, high-stakes exam to determine a student&#8217;s future.<\/li><li>A robust examination system would support continuous and comprehensive evaluation, spreading assessments over a period and incorporating various forms of evaluation.<\/li><li>This approach reduces pressure on students and provides multiple opportunities to demonstrate their abilities, leading to a more accurate and fair assessment of their knowledge and skills.<\/li><\/ul><\/li><li><strong>Addressing Logistical Challenges:<\/strong><ul><li>Conducting large-scale exams poses significant logistical challenges, from managing exam centres to ensuring the timely distribution and collection of exam papers.<\/li><li>A robust system that utilises online platforms can streamline these processes, reducing logistical burdens and potential errors and delays.<\/li><li>Online exams can be administered simultaneously across multiple locations, ensuring uniformity and reducing logistical complexity.<\/li><\/ul><\/li><li><strong>Revitalising School Education:<\/strong><ul><li>By focusing on continuous assessments and reducing the stakes of a single exam, the proposed system can redirect attention back to schools, fostering a more holistic education environment.<\/li><li>Reformed assessment systems should prioritise concept-based understanding, fulfilling NEP 2020&#8217;s mandate and significantly reducing the potential for examination fraud.<\/li><\/ul><\/li><li><strong>Reducing the Influence of Coaching Centers:<\/strong><ul><li>The current high-stakes exam system has led to the proliferation of coaching centres, which focus on teaching students how to crack exams rather than fostering a deep understanding of the subjects.<\/li><li>A robust examination system that emphasises continuous and varied assessments would reduce reliance on coaching centres, encouraging a more balanced and holistic educational approach.<\/li><li>This shift would allow students to focus more on conceptual learning and personal development rather than merely preparing for exams.<\/li><\/ul><\/li><li><strong>Preparing Students for Future Challenges:<\/strong><ul><li>A robust examination system is not just about assessing students&#8217; current knowledge but also about preparing them for future challenges.<\/li><li>By incorporating assessments that evaluate critical thinking, problem-solving, and practical skills, the system can better prepare students for higher education and professional environments.<\/li><li>This comprehensive approach ensures that students are not only academically proficient but also equipped with the necessary skills to succeed in their future endeavours.<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The ongoing crisis in mass-scale examinations highlights the urgent need for systemic reform in India&#8217;s education system.Implementing continuous assessments, evaluating social and professional aptitudes, and leveraging technology for secure testing are crucial for ensuring exam integrity and effectiveness. These reforms can transform education, promote genuine learning, and safeguard millions of students&#8217; futures.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"pcrstb-wrap\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>UPSC Civil Services Examination, Previous Year Question (PYQ)<\/strong><br><br><strong>Prelims<\/strong><br><strong>Q:1 Which of the following provisions of the Constitution does India have a bearing on Education? (2012)<\/strong><br>1. Directive Principles of State Policy<br>2. Rural and Urban Local Bodies<br>3. Fifth Schedule<br>4. Sixth Schedule<br>5. Seventh Schedule<br><strong>Select the correct answer using the codes given below:<\/strong><br>(a) 1 and 2 only<br>(b) 3, 4 and 5 only<br>(c) 1, 2 and 5 only<br>(d) 1, 2, 3, 4 and 5<br><strong>Ans: D<\/strong><br><br><strong>Mains<\/strong><br><strong>Q:1\u00a0 How have digital initiatives in India contributed to the functioning of the education system in the country? Elaborate on your answer. (2020)<\/strong><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p><strong>Source:<\/strong> <a href=\"https:\/\/indianexpress.com\/article\/opinion\/columns\/neet-net-fiasco-its-time-for-technology-to-step-in-where-the-exam-system-has-failed-9419442\/#:~:text=This%20exam%20should%20be%20conducted,used%20to%20overcome%20these%20challenges\">IE<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Controversy_over_Sengol_in_Lok_Sabha\"><\/span><strong>Controversy over Sengol in Lok Sabha&nbsp;<\/strong><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: GS-1, Art &amp; Culture, GS-2 &#8211; Polity&amp; Governance &#8211; Sengol and its symbolic importance<\/strong><\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_News-2\"><\/span><strong>Why in the News?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>An opposition parliamentarian has called for the removal of the Sengol from the Lok Sabha, labelling it a symbol of &#8220;rajdand\/rajtantra (monarchy).&#8221;&nbsp;<\/li><li>This demand has sparked a contentious debate between the government and the Opposition.<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXf5CeGQdd-KBYFA6Rk22hPSfWBRvoh7uuMRjzyXSe9-49GmF59f9jPE4cT_klbPsD41iz3b3pczFuzyRgdFA9mXRqf63sgnoTZwMDFxqx6t1PQuQelsPkqkXZroiyYzCXfxZPEFb96TdjQKt4tDZ_PFB-SOQc1Pbv0oeR6fwIunzAzDqjkDM_0?key=nb8CpQ8An1SfizCbQDi1qg\" alt=\"Sengol\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Sengol<\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_a_Sengol\"><\/span><strong>What is a Sengol?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Definition<\/strong>: A sengol (or chenkol) is a royal sceptre symbolising kingship, righteousness, justice, and authority.<\/li><li><strong>Historical Origin<\/strong>: It is a traditional symbol from the Chola era in Tamil Nadu.<\/li><li><strong>Description<\/strong>: The Sengol is a golden sceptre, richly adorned with intricate designs, reflecting the grandeur of ancient Tamil culture.<\/li><li><strong>Cultural Significance<\/strong>: Among the Madurai Nayakas, the Sengol was placed before the goddess Meenakshi in the temple, then transferred to the throne room, symbolising the king\u2019s role as a divine agent.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Significance_in_the_Present_Context\"><\/span><strong>Significance in the Present Context:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Accountability and Legitimacy<\/strong>: Like the Sengol legitimised ancient rulers, democratic institutions hold elected representatives accountable to the constitution and the people.<\/li><li><strong>Ethical Leadership<\/strong>: Democratic leaders are expected to uphold justice, integrity, and the rule of law, mirroring the dharmic kings of the past.<\/li><li><strong>Symbolic Representation<\/strong>: The Sengol\u2019s symbolism of righteous rule parallels the democratic institutions representing the will and welfare of the people.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1947_Sengol_Ceremony_Involving_Nehru\"><\/span><strong>1947 Sengol Ceremony Involving Nehru:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Government\u2019s Claim<\/strong>: The government asserts that C Rajagopalachari suggested the ceremony to Nehru.<\/li><li><strong>Debates on Historical Accuracy<\/strong>: This claim is contested, with little contemporary evidence supporting the Sengol as a key symbol of power transfer in 1947.<\/li><li><strong>Lack of Comprehensive Records<\/strong>: Limited records exist about the ceremony where Nehru was reportedly handed a Sengol by Hindu leaders from Tamil Nadu.<\/li><li><strong>Undocumented and Exaggerated Claims<\/strong>: The event is not widely documented, and claims of Lord Mountbatten ceremonially handing it over seem exaggerated.<\/li><li><strong>Post-Event Placement<\/strong>: Nehru accepted the Sengol as a mark of honour, but it was later placed in a museum, suggesting it was not central to the power transfer.<\/li><\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/www.thehindu.com\/news\/national\/sengol-finds-prominence-in-parliament-amid-political-controversy-samajwadi-party-calls-it-raja-ka-danda\/article68339636.ece\"><strong>TH<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"RBI_releases_the_Financial_Stability_Report_2024\"><\/span><strong>RBI releases the Financial Stability Report, 2024<\/strong><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: GS-3 , Indian Economy- Financial Stability Report, FSDC<\/strong><\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_news-2\"><\/span><strong>Why in the news?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Recently, the RBI published the 29th issue of the Financial Stability Report (FSR) .&nbsp;<\/li><li>This report provides the combined evaluation of the Sub-Committee of the Financial Stability and Development Council (FSDC) regarding the Indian financial system\u2019s resilience and the risks to financial stability.<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXdFPa0Z3m37SI0qnHG8X2Ob7Wq7amFfrwJLd-UOcD3NOG7FE6ltRwU3irCqhTJbRvht-aoKbqrWQ5_99BscLlk5-Kg1tQRIcRSav6AZ2xXzCVEgWVqj_shiQK6PnlyWi38OFO8mnzgtXr9psktoCrd-bxXkE2ucqy3_EPF7ca4O5K-N3JZHCw?key=nb8CpQ8An1SfizCbQDi1qg\" alt=\"RBI\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption>RBI<\/figcaption><\/figure><\/div>\n\n\n<figure class=\"wp-block-table\"><div class=\"pcrstb-wrap\"><table><tbody><tr><td><strong>About the Financial Stability Report (FSR):Publication Frequency<\/strong>: The FSR is published biannually by the Reserve Bank of India (RBI).<strong>Purpose<\/strong>: It reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC), which is headed by the Governor of the RBI.<strong>Key Focus Areas<\/strong>:<strong> Risk Assessment<\/strong>: Evaluates risks to financial stability.<strong>Financial System Resilience<\/strong>: Assesses the resilience of the financial system.<strong>Development and Regulation<\/strong>: Discusses issues related to the development and regulation of the financial sector.<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Highlights_of_the_Financial_Stability_Report_FSR\"><\/span><strong>Key Highlights of the Financial Stability Report (FSR):<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_Global_Economic_Context\"><\/span><strong>[1] Global Economic Context:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Heightened Global Risks<\/strong>: The global economy is facing significant challenges such as:<ul><li><strong>Geopolitical Tensions<\/strong>: Conflicts or political disagreements between countries that can affect global stability.<\/li><li><strong>Elevated Public Debt<\/strong>: Many countries have high levels of debt, which can be risky if they struggle to repay it.<\/li><li><strong>Slow Progress in Disinflation<\/strong>: Prices of goods and services are not decreasing quickly, affecting economic stability.<\/li><\/ul><\/li><li><strong>Resilience<\/strong>: Despite these challenges, the global financial system remains strong and stable.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_Indian_Economy_and_Financial_System\"><\/span><strong>[2] Indian Economy and Financial System:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Robust and Resilient<\/strong>: India\u2019s economy and financial system are strong and capable of handling shocks or problems.<\/li><li><strong>Banking Sector Support<\/strong>: Banks and financial institutions are in good health and are providing the necessary support for economic activities.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Financial_Metrics_for_Scheduled_Commercial_Banks_SCBs\"><\/span><strong>[3] Financial Metrics for Scheduled Commercial Banks (SCBs):<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Capital Ratios<\/strong>:<ul><li><strong>Capital to Risk-Weighted Assets Ratio (CRAR)<\/strong>: Measures a bank\u2019s financial strength. A CRAR of 16.8% indicates that for every 100 units of risk, the bank has 16.8 units of capital to cover potential losses.<\/li><li><strong>Common Equity Tier 1 (CET1) Ratio<\/strong>: A stricter measure of a bank\u2019s core capital. A CET1 ratio of 13.9% shows a strong base of high-quality capital.<\/li><\/ul><\/li><li><strong>Asset Quality<\/strong>:<ul><li><strong>Gross Non-Performing Assets (GNPA) Ratio<\/strong>: Measures the percentage of a bank\u2019s loans that are not being repaid. A GNPA ratio of 2.8% means that 2.8% of total loans are in trouble.<\/li><li><strong>Net Non-Performing Assets (NNPA) Ratio<\/strong>: Similar to GNPA but considers provisions already made. An NNPA ratio of 0.6% means that 0.6% of total loans, after accounting for provisions, are in trouble.<\/li><\/ul><\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_Macro_Stress_Tests_for_Credit_Risk\"><\/span><strong>[4] Macro Stress Tests for Credit Risk:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Stress Scenarios and Projections<\/strong>:<ul><li><strong>Baseline Scenario<\/strong>: Banks are expected to have a CRAR of 16.1% by March 2025 under normal conditions.<\/li><li><strong>Medium Stress Scenario<\/strong>: Banks are expected to have a CRAR of 14.4% by March 2025 under moderate stress.<\/li><li><strong>Severe Stress Scenario<\/strong>: Banks are expected to have a CRAR of 13.0% by March 2025 under severe stress.<\/li><\/ul><\/li><li><strong>Interpretation<\/strong>: These tests show how banks might perform under different levels of economic stress, ensuring banks are prepared for tough times.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Health_of_Non-Banking_Financial_Companies_NBFCs\"><\/span><strong>[5] Health of Non-Banking Financial Companies (NBFCs):<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>CRAR<\/strong>: NBFCs have a CRAR of 26.6%, indicating strong financial health.<\/li><li><strong>GNPA Ratio<\/strong>: NBFCs have a GNPA ratio of 4.0%, meaning 4% of their loans are not being repaid.<\/li><li><strong>Return on Assets (RoA)<\/strong>: NBFCs have a RoA of 3.3%, indicating good profitability from their assets<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"pcrstb-wrap\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>UPSC Civil Services Examination, Previous Year Question (PYQ)<\/strong><br><br><strong>Prelims<\/strong><br><strong>Q:1 With reference to \u2018Financial Stability and Development Council\u2019, consider the following statements:(2016)<\/strong><br>1. It is an organ of NITI Aayog.<br>2. It is headed by the Union Finance Minister.<br>3. It monitors macroprudential supervision of the economy.<br><strong>Which of the statements given above is\/are correct?<\/strong><br>a) 1 and 2 only<br>b) 3 only<br>c) 2 and 3 only<br>d) 1, 2 and 3<br><strong>Answer: C<\/strong><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p><strong>Source<\/strong>: <a href=\"https:\/\/www.thehindu.com\/business\/Economy\/indian-economy-financial-system-remain-robust-despite-global-economy-facing-heightened-risks-fsr\/article68340007.ece\">TH<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"UNODC_World_Drug_Report_2024\"><\/span><strong>UNODC World Drug Report 2024<\/strong><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: GS-3,Internal Security-\u00a0 Imp.International Institutions- Linkages of Organized Crime with Terrorism \u2013 World Drug Report 2024<\/strong><\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_News-3\"><\/span><strong>Why in the News?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Recently, Global drug users reached 292 million in 2022, marking a 20% increase over the past decade. This data was released by the United Nations Office on Drugs and Crime (UNODC).<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_UNODC\"><\/span><strong>About UNODC:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Global Role:<\/strong><ul><li>Leader in the fight against illicit drugs and international crime, responsible for implementing the UN\u2019s lead programme on terrorism.<\/li><\/ul><\/li><li><strong>Headquarters:<\/strong><ul><li>Vienna, Austria.<\/li><\/ul><\/li><li><strong>Establishment:<\/strong><ul><li>Formed in 1997 through the merger of the United Nations Drug Control Programme and the Centre for International Crime Prevention.<\/li><\/ul><\/li><li><strong>Functions:<\/strong><ul><li>Educates people about the dangers of drug abuse.&nbsp;<\/li><li>Strengthens international action against illicit drug production and trafficking.<\/li><li>Improves crime prevention and assists with criminal justice reform.<\/li><li>Supports States in ratifying and implementing legal instruments against terrorism.<\/li><\/ul><\/li><li><strong>Funding:<\/strong><ul><li>Relies mainly on voluntary contributions from governments.<\/li><\/ul><\/li><li><strong>India and UNODC:<\/strong><ul><li>India works closely with UNODC on multiple fronts, including drug control, crime prevention, and anti-terrorism measures.<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Cannabis_Use\"><\/span><strong>Cannabis Use:&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>According to the WHO, cannabis is a generic term for the various psychoactive preparations of the plant <em>Cannabis sativa<\/em>. The derived products of cannabis include:<ul><li><strong>THC<\/strong>: The major psychoactive constituent in cannabis is Delta-9 tetrahydrocannabinol (THC).<\/li><li><strong>Marijuana (Ganja)<\/strong>: Frequently used to refer to cannabis leaves or other crude plant material.<\/li><li><strong>Hashish<\/strong>: Refers to unpollinated female cannabis plants.<\/li><li><strong>Cannabis Oil (Hashish Oil)<\/strong>: A concentrate of cannabinoids obtained by solvent extraction of the crude plant material or resin.<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"International_Laws_Regulating_Cannabis\"><\/span><strong>International Laws Regulating Cannabis:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Commission on Narcotic Drugs (CND)<\/strong>:&nbsp;<ul><li>Founded in 1946, the CND is the UN agency mandated to control substances under global drug control conventions.<\/li><\/ul><\/li><li><strong>1961 Single Convention on Narcotic Drugs<\/strong>:&nbsp;<ul><li>Cannabis has been on Schedule IV, the most dangerous category, since the convention\u2019s inception.&nbsp;<\/li><li>Despite this, many jurisdictions have legalised cannabis for medicinal and recreational use.&nbsp;<\/li><li>Over 50 countries now allow medicinal cannabis programs, and recreational use has been legalised in Canada, Uruguay, and 15 US states.<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Indian_Context_Narcotic_Drugs_and_Psychotropic_Substances_Act_NDPS_1985\"><\/span><strong>Indian Context: Narcotic Drugs and Psychotropic Substances Act (NDPS), 1985:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Illegalization<\/strong>:&nbsp;<ul><li>The Act illegalizes any mixture of charas and ganja, or any drink prepared from them.<\/li><\/ul><\/li><li><strong>Legal Exceptions<\/strong>:&nbsp;<ul><li>The law does not ban the use of seeds and leaves of the cannabis plant if these are not mixed with other parts of the plant.&nbsp;<\/li><li>For example, bhang, commonly consumed during the Holi festival, and chutney made from cannabis seeds are not illegal.<\/li><\/ul><\/li><\/ul>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"pcrstb-wrap\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>UPSC Civil Services Examination, Previous Year Question (PYQ)<\/strong><br><br><strong>Prelims<\/strong><br><strong>Q:1 Consider the following statements: (2019)<\/strong><br>1. The United Nations Convention against Corruption (UNCAC) has a \u2018Protocol against the Smuggling of Migrants by Land, Sea and Air\u2019.<br>2. The UNCAC is the ever-first legally binding global anti-corruption instrument.<br>3. A highlight of the United Nations Convention against Transnational Organized Crime (UNTOC) is the inclusion of a specific chapter aimed at returning assets to their rightful owners from whom they had been taken illicitly.<br>4. The United Nations Office on Drugs and Crime (UNODC) is mandated by its member States to assist in the implementation of both UNCAC and UNTOC.<br><strong>Which of the statements given above are correct?<\/strong><br>(a) 1 and 3 only<br>(b) 2, 3 and 4 only<br>(c) 2 and 4 only<br>(d) 1, 2, 3 and 4<br><strong>Answer: C<\/strong><br><br>Mains<br><strong>Q:1 India\u2019s proximity to the two of the world\u2019s biggest illicit opium-growing states has enhanced her internal security concerns. Explain the linkages between drug trafficking and other illicit activities such as gunrunning, money laundering and human trafficking. What counter-measures should be taken to prevent the same? (2018)<\/strong><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p><strong>Source:<\/strong> <a href=\"https:\/\/unis.unvienna.org\/unis\/en\/pressrels\/2024\/uniscp1177.html\">UN<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Himalayan_Serow\"><\/span><strong>Himalayan Serow&nbsp;<\/strong><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: GS-3 , Ecology &amp; Environment-\u00a0 Biodiversity- Species-\u00a0 Himalayan Serow<\/strong><\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_News-4\"><\/span><strong>Why in the News?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Recently, a mainland serow, also known as the Himalayan Serow (Capricornis sumatraensis thar), was sighted at an unusually low elevation of 96 metres above mean sea level in Raimona National Park, Assam.\u00a0<\/li><li>This is the lowest recorded elevation for this species outside its natural habitat in Bhutan, indicating a significant range extension.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Himalayan_Serow\"><\/span><strong>About Himalayan Serow:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Details\"><\/span><strong>Details:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Herbivore species.<\/strong><\/li><li>Also known as <strong>Thar<\/strong>.<\/li><li>Resembles a cross between a goat, a donkey, a cow, and a pig.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recognition\"><\/span><strong>Recognition:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>Official state animal of Mizoram.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Distribution\"><\/span><strong>Distribution:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>Found at altitudes between 2,000 metres and 4,000 metres (6,500 to 13,000 feet).<\/li><li>Found across the India-Bhutan border in Phibsoo Wildlife Sanctuary and Royal Manas National Park.<\/li><li>Present in eastern, central, and western Himalayas, but not in the Trans-Himalayan region.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conservation_Status\"><\/span><strong>Conservation Status:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>IUCN Red List:<\/strong> Vulnerable<\/li><li><strong>CITES:<\/strong> Appendix I<\/li><li><strong>Wildlife Protection Act, 1972:<\/strong> Schedule I<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Raimona_National_Park\"><\/span><strong>Raimona National Park:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Location:<\/strong> Located in the Bodoland Territorial Region (BTR) of Assam.<\/li><li><strong>Establishment:<\/strong> Declared a national park in June 2021, making it the sixth national park in Assam.<\/li><li><strong>Geography:<\/strong> Shares its northern boundary with Bhutan, forming part of the transboundary conservation landscape.<\/li><li><strong>Ecology:<\/strong> Characterised by dense forests, rivers, and grasslands, part of the greater Manas Biosphere Reserve and an extension of the Manas National Park.<\/li><li><strong>Flora:<\/strong> Diverse vegetation including semi-evergreen forests, mixed deciduous forests, and grasslands.<\/li><li><strong>Fauna:<\/strong> Rich wildlife habitat hosting species like Asian elephants, tigers, clouded leopards, golden langurs, Indian gaur, various deer species, hornbills, great pied hornbills, migratory birds, reptiles, and amphibians.<\/li><\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/www.thehindu.com\/sci-tech\/energy-and-environment\/antelope-like-mammal-from-bhutan-recorded-at-lowest-elevation-in-assam\/article68339890.ece\">TH<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Pasi_Community\"><\/span><strong>Pasi Community&nbsp;<\/strong><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: GS-1, Indian History- Important Personality, GS-2 , Polity &amp; Governance- Parliament \u2013 Oath\u00a0<\/strong><\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_news-3\"><\/span><strong>Why in the news?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>A newly-elected MP from Faizabad took his oath in the Lok Sabha, invoking the names of Veerangana Uda Devi and Maharaja Bijli Pasi during the ceremony.<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXfLN1soK8iWHNzEzyW42j1q5FiBr9Aw1fJMIp1hiFfz6nkEF7x-lV2B6lIxGY_RJjj0sMxAjpunXanQE2ejKXfFKn2yTkIBY53lLwT0ZLpiPPjhRu4fQqiTQwF9Vro0_LZEq7hhnnOs5hk2u8y2l9qrCq1z8DrQ4-JoAAn_hY-OotJgtgNQixM?key=nb8CpQ8An1SfizCbQDi1qg\" alt=\"Parliamentary Oath\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Parliamentary Oath<\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Parliamentary_Oath\"><\/span><strong>Parliamentary Oath:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>About:<\/strong><ul><li>The parliamentary oath is prescribed in the third schedule of the Constitution.<\/li><li>MPs swear or affirm to bear true faith and allegiance to the Constitution of India, uphold India&#8217;s sovereignty and integrity, and faithfully discharge their duties.<\/li><\/ul><\/li><li><strong>Evolution of Oath over the Years:<\/strong><ul><li>Initially drafted without invoking God, amendments were made during the Constituent Assembly discussions to include God, accommodating both believers and non-believers.<\/li><li>The Constitution (Sixteenth Amendment) Act, 1963, added the commitment to uphold India&#8217;s sovereignty and integrity.<\/li><\/ul><\/li><li><strong>Process:<\/strong><ul><li>MPs must submit their election certificate before taking the oath.<\/li><li>They can take the oath in English or any of the 22 languages recognized by the Constitution, using the name on their election certificate without alterations.<\/li><li>87% of MPs in the last Lok Sabha swore in the name of God, with 13% affirming allegiance to the Constitution.<\/li><\/ul><\/li><li><strong>Invoking Different Icons during Oath-Taking Ceremony in Parliament:<\/strong><ul><li>Elected members often mention historical figures, leaders, or cultural icons significant to them or their communities during oath-taking.<\/li><li>This reflects India&#8217;s cultural diversity and historical richness, as well as personal or political affiliations of the MPs.<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Invoking_Icons_during_Oath-Taking\"><\/span><strong>Invoking Icons during Oath-Taking:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Uda Devi:<\/strong><ul><li>Born in Ujirao, Lucknow, Uda Devi was part of Begum Hazrat Mahal&#8217;s royal guard during the 1857 Mutiny.<\/li><li>Known for her bravery and leadership, she mobilised people against the British and fought near the Gomti River in Lucknow, becoming a martyr on November 16, 1857.<\/li><li>She is commemorated annually on November 16 in central Uttar Pradesh and remains an important figure, especially revered by the Dalit community.<\/li><\/ul><\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXdBjmP5LQAqdsSExoCeeVc940dk4J7Ga_8A7R_NZLJa8jJiwQYUNqpBdLnFefmUL60XUSYs0n-k41W02khoplppCGRyCJwtxcODbJL2A8FMJhb1f4kS5i43TYAgM4u7m4zQIcN50l5wHrTriqTcQjzwQMH9EaZ_e_3KXtygjOmIZ5fAdXxJBCo?key=nb8CpQ8An1SfizCbQDi1qg\" alt=\"Maharaja Bijli Pasi\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Maharaja Bijli Pasi<\/strong><\/figcaption><\/figure><\/div>\n\n\n<ul class=\"wp-block-list\"><li><strong>Maharaja Bijli Pasi:<\/strong><ul><li>A prominent leader among the Pasi community in central Uttar Pradesh.<\/li><li>Ruled parts of UP during the medieval period, with his fort ruins and statue standing in Lucknow.<\/li><li>Other notable Pasi figures include Daldev, Baldev, and Kakoran from regions like Lucknow, Rae Bareli, and Barabanki.<\/li><\/ul><\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXeYNkJUeWnxMT_uWgBcanXGcF9K2Drs9cNxyP9txCfpd0aV146Mexd1ykcLLk8rbaxkY1y1CguFcRA2bmUsHvF-zeSnQTSwqz0W9thRr7lmsEbVJHa-s1n-XIWQkYzplDV8ouEVvUFs8jr35CgUZb83uMvg9v3KDKDaHNoK9FGhXUVkWrjl5w?key=nb8CpQ8An1SfizCbQDi1qg\" alt=\"Maharaja Bijli Pasi\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Maharaja Bijli Pasi<\/strong><\/figcaption><\/figure><\/div>\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/indianexpress.com\/article\/political-pulse\/decode-politics-two-pasi-icons-invoked-new-mp-ayodhya-oath-9421155\/#:~:text=While%20taking%20oath%20in%20the,the%20Pasi%20(Dalit)%20community\"><strong>IE<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Indian_Painted_Frog_Uperodon_taprobanicus\"><\/span><strong>Indian Painted Frog (Uperodon taprobanicus)<\/strong><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: GS-3, Ecology &amp; Environment-Biodiversity\u2013 Species<\/strong><\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_news-4\"><\/span><strong>Why in the news?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Recently, a rare Indian Painted Frog was sighted at Kawal Tiger Reserve in Telangana, marking its return after last being seen in 2016 in the same state.<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXeaCRjymgoh8IjOsDoizj5PdrzMD51PQ_LEvMptMWM9h4vp6JF17tsKkt2pzhbU5HZGOdkRKepzXBZu20vWrJgB0JwRgV77_rXjNaTR7uAfNRknRhYUYRPjIUPcivPxbPr3PC85mg73UVn9W2GIMiXfuWCsTCgDWxrttpfdXqnuPNpYJGi4VrQ?key=nb8CpQ8An1SfizCbQDi1qg\" alt=\"Indian Painted Frog\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Indian Painted Frog<\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_the_Indian_Painted_Frog\"><\/span><strong>About the Indian Painted Frog:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Known alternatively as the Sri Lankan painted frog or painted globular frog, it is a distinctive amphibian belonging to the Microhylidae family.<\/li><li><strong>Range: F<\/strong>ound in Nepal, Bangladesh, southern and eastern India, and Sri Lanka, typically up to an altitude of about 1300 metres.<\/li><li><strong>Physical Characteristics:<\/strong> Noted for its smooth, rounded body and unique coloration, often featuring various shades of brown alongside patches of vivid colours like orange or yellow.<\/li><li><strong>Preferred Habitats:<\/strong> Inhabits diverse environments including dry forests, coconut and rubber plantations, wetlands, rice fields, and disturbed areas close to human settlements.<\/li><li><strong>Behavioural Patterns: <\/strong>Typically spends daylight hours concealed in leaf litter, loose soil, or under fallen logs, occasionally ascending tree branches. It is primarily nocturnal, which makes daytime observations uncommon.<\/li><li><strong>Conservation Status:<\/strong> Classified by the IUCN as Least Concern<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXe7vige-rngXMCz3-yM0gSd9lsaeg9UVTFZqDxjkduW6L2ZTvc7da50KvpP6XwaOjKvqzcQTMn38Tv1Fqj4WKw3ct9CMIPlJXIgUCU2VD4VMKnPYub5yxHFiILcAUDrCV_-t1-OfGPToJam1_1h5fLlKBnNcqWIQx7wNLy4_YydaALju_wqFZM?key=nb8CpQ8An1SfizCbQDi1qg\" alt=\"Indian Painted Frog\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Indian Painted Frog<\/strong><\/figcaption><\/figure><\/div>\n\n\n<p>Source: <strong>(<\/strong><a href=\"https:\/\/timesofindia.indiatimes.com\/city\/hyderabad\/rare-indian-painted-frog-spotted-at-kawal\/articleshow\/111123290.cms\"><strong>TOI<\/strong><\/a><strong>)<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"has-text-align-left wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_are_daily_current_affairs\"><\/span>Q: What are daily current affairs? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: Daily current affairs refer to the most recent and relevant events, developments, and news stories that are happening around the world on a day-to-day basis. These can encompass a wide range of topics, including politics, economics, science, technology, sports, and more.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Why_is_it_important_to_stay_updated_with_daily_current_affairs\"><\/span>Q: Why is it important to stay updated with daily current affairs? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: Staying updated with daily current affairs is crucial because it helps individuals make informed decisions in their personal and professional lives. It enables people to understand the world around them, stay aware of significant events, and engage in informed discussions about important issues.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Where_can_I_access_daily_current_affairs_information\"><\/span>Q: Where can I access daily current affairs information? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: There are various sources for daily current affairs, including newspapers, news websites, television news broadcasts, radio programs, and dedicated apps or newsletters. Social media platforms are also widely used to share and access current affairs information.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_How_can_I_effectively_incorporate_daily_current_affairs_into_my_routine\"><\/span>Q: How can I effectively incorporate daily current affairs into my routine? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: To incorporate daily current affairs into your routine, consider setting aside specific times each day to read or watch news updates. You can also subscribe to newsletters or follow news apps to receive curated content. Engaging in discussions with peers or participating in online forums can further enhance your understanding of current events.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_are_some_tips_for_critical_analysis_of_daily_current_affairs\"><\/span>Q: What are some tips for critical analysis of daily current affairs? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: When analyzing daily current affairs, it&#8217;s essential to cross-reference information from multiple sources to ensure accuracy. Additionally, consider the source&#8217;s credibility and bias, if any. Develop the ability to identify the main points and implications of news stories, and critically evaluate the significance and impact of the events reported.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/edukemy.com\/upsc\/upsc-essay?utm_source=Blog&amp;utm_medium=Banner&amp;utm_campaign=Essay\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/UPSC-Essay-Course-1280\u00d7300-1-3.svg\" alt=\"\" class=\"wp-image-42688 lazyload\" width=\"781\" height=\"182\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 781px; --smush-placeholder-aspect-ratio: 781\/182;\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"To_get_free_counselingsupport_on_UPSC_preparation_from_expert_mentors_please_call_9773890604\"><\/span><strong>To get free counseling\/support on UPSC preparation from expert mentors please call 9773890604<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\"><li>Join our Main Telegram Channel and access PYQs, Current Affairs and UPSC&nbsp; Guidance for free \u2013 <a href=\"https:\/\/t.me\/WithEdukemy4IAS\" rel=\"noreferrer noopener\" target=\"_blank\">Edukemy for IAS<\/a><\/li><li>Learn Economy for free-<a href=\"https:\/\/t.me\/+uq2Jq2ezMHE3ZjA1\" rel=\"noreferrer noopener\" target=\"_blank\"> Economy for UPSC<\/a><\/li><li>Mains Answer Writing Practice-<a href=\"https:\/\/t.me\/+HS9DZh7PTytkNjJl\" rel=\"noreferrer noopener\" target=\"_blank\">Mains Answer Writing<\/a><\/li><li>For UPSC Prelims Resources, <a href=\"https:\/\/edukemy.com\/upsc-cse-prelims-resource-centre\" rel=\"noreferrer noopener\" target=\"_blank\">Click here<\/a><\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Visit_our_YouTube_Channel_%E2%80%93_Here\"><\/span>Visit our YouTube Channel \u2013 <a href=\"https:\/\/www.youtube.com\/@EduKemyforIAS\" target=\"_blank\" rel=\"noreferrer noopener\">Here<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>In today&#8217;s daily current affairs briefing for UPSC aspirants, we explore the latest developments that hold relevance for the upcoming civil services<\/p>\n","protected":false},"author":21,"featured_media":42986,"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":[160,161,232,140],"class_list":["post-42984","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_preparation_strategy"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/42984","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\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/comments?post=42984"}],"version-history":[{"count":1,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/42984\/revisions"}],"predecessor-version":[{"id":42992,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/42984\/revisions\/42992"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media\/42986"}],"wp:attachment":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media?parent=42984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/categories?post=42984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/tags?post=42984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}