answer-synopsis-current-affairs-based-mains-drill-14-march-2020

  1. The banking sector has to be given the utmost care in hard times. Comment.

Demand of the question

The banking sector has a huge spillover effect on the other sectors and if the banks are under peril, all other sectors are bound to suffer. Mention the need for taking care of the banks in the hard times, since these times require the biggest solutions. 

Keywords to be included

Spillover effect, facilitator, NPA, PCA, lending restrictions, credit availability, poor market, corona-effect, relaxation, regulation, responsibility, liquidity management, thrust, etc. 

Introduction The COVID-19 has brought many issues in the country, primarily crashing the markets and making the economy suffer. 

Body

  • Mention the huge spillover effect that banking has. 
  • Highlight the recent issues that have led to a poor economy. 
  • Examine the role that banks are expected to play. 
  • Mention the challenges associated with the current system. 
  • Propose a way forward to improve it. 

Conclusion The Banking sector has the potential of driving all the aspects of the country’s economy, and thus in the wake of the current crisis, the regulations must be stiffened and relaxations are to be made simultaneously. 

  1. What is Gaganyaan, and how will it benefit India?

Demand of the question

Discuss the benefits of the program, the challenges it might face, and what is expected to be a future course for such an ambitious project. 

Keywords to be included

Gaganyaan, 75th independence day, article 51-A(h), scientific temper, medical research, R&D ecosystem, pioneering effort, bringing India at the global stage, etc. 

Introduction Gaganyan has been the major aim of the country to mark its 75th independence year. Begin the answer on that note. 

Body

  • Give a brief introduction to the Gaganyan mission. 
  • Mention the benefits it is expected to bring to the country. 
  • Examine the challenges that it will face. 
  • Highlight the provisions and future path for such missions. 

Conclusion Gaganyan mission has a variety of benefits and India must not lose the competitive advantage it enjoys right now. Conclude on that note. 

  1. IPR ecosystem in India still struggles to adopt international standards. Comment. 

Demand of the question 

Examine the challenges associated with the IPR ecosystem, highlight the issues, and suggest global practices along with other solutions for the answer. 

Keywords to be included

IPR system, lack of professionals, low level of infrastructure and resources, inadequate central repository, lack of international recognition, issues with the current 

Introduction IPR system’s lacuna have been hampering the research ecosystem in the country. 

Body

  • Mention the current IPR ecosystem in the country. 
  • Mention the need for strengthening the IPR regime. 
  • Highlight the lacuna in the current model. 
  • Suggest some strategies to improve it. 

Conclusion Highlight the need for the creation of resources and infrastructure apt for implementing international standards in the IPR ecosystem in India. 

  1. Riots have evolved over time. Comment. Examine the areas where technology can be integrated with riot management. 

Demand of the question

Highlight the current riot control system, issues with it, the changes in the way riots happen now, and new technologies are being used to implement the riot control in the country. 

Keywords to be included

Riot control, paramilitary, Riots, social media, political integration, dissent, violence, section 144, sedition, propaganda, right to privacy, public trial, facial recognition, planning the protests, drones, modernising the police force, etc. 

Introduction The recent cases of violence have seen an increase in the use of technology and propaganda. 

Body

  • What has been the nature of riot control so far? 
  • Mention the changing nature of the riots in the country. 
  • Examine how to integrate technology with riot control.
  • Discuss modernising the police force. 

Conclusion Mention the issues that are associated with the use of technology, for e.g. violation of the right to privacy vis a vis use of facial recognition technology to identify the rioters. 

  1. What progressive taxation is? Highlight some suggestions to make the Indian taxation system more progressive. 

Demand of the question

Explain progressive taxation, discuss what is the system in India, mention the issues like unfair taxation on the rich, the impact of equal taxation on the poor, path forwards for the tax model to be followed in the country. 

Keywords to be included

Progressive taxation, wealth tax, Income tax India, equality, bridging the gap, Vivad Se Vishwas bill, protecting the interest of all the taxpayers, compliance, tax buoyancy, etc. 

Introduction Begin by introducing the concept of progressive taxation.

Body

  • Mention the issues that plague the present tax regime. 
  • Highlight some solutions and mention the challenges that shall affect the implementation of these solutions. 
  • How to make the taxation system more inclusive. 
  • Make way for the direct tax code which is being prepared. 

Conclusion While we are trying to bridge the inequalities in the country, we need to make sure that the tax norms do not harass any party.

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