#Arthashastra 6 (Current + Static)
Do you Know This?🔥
🔺Green GDP
-Green Gross Domestic Product (Green GDP) is an index of economic growth which factors in the environmental consequences of the growth.
-From the final value of goods and services produced, the cost of ecological degradation is deducted to arrive at Green GDP
🔹Wealth Accounting and the Valuation of Ecosystem Services
- WAVES is a World Bank-led global partnership.
- aims to promote sustainable development by ensuring that natural resources are mainstreamed in development planning and national economic accounts.
-WAVES is now part of the broader World Bank umbrella initiative, the Global Program for Sustainability (GPS).
Enroll - https://targetupsc.in/courses/detail/76
Cover Economy Comprehensively
Do you Know This?🔥
🔺Green GDP
-Green Gross Domestic Product (Green GDP) is an index of economic growth which factors in the environmental consequences of the growth.
-From the final value of goods and services produced, the cost of ecological degradation is deducted to arrive at Green GDP
🔹Wealth Accounting and the Valuation of Ecosystem Services
- WAVES is a World Bank-led global partnership.
- aims to promote sustainable development by ensuring that natural resources are mainstreamed in development planning and national economic accounts.
-WAVES is now part of the broader World Bank umbrella initiative, the Global Program for Sustainability (GPS).
Enroll - https://targetupsc.in/courses/detail/76
Cover Economy Comprehensively
Thwaites Glacier or the Doomsday Glacier Located in ? In news- Do not miss the location -Mapping - share the MCQ
Anonymous Quiz
28%
Arctic Region
46%
Antartic Region
11%
Himalayan Region
15%
Scandavien Region
🔺Capital conservation buffer (CCB)
#Arthashastra 7
-Introduced under the international Basel III norms.
-The concept says that during good times, banks must build up a capital buffer that can be drawn from when there is stress.
-In simple terms, this is savings for the future as this capital can be drawn when a bank is incurring losses.
-Since it is a buffer, or extra capital, banks’ minimum capital is not violated.
-It was introduced after the 2008 global financial crisis to improve the ability of banks to withstand adverse economic conditions
Enroll - https://targetupsc.in/courses/detail/76
Cover Economy Comprehensively
#Arthashastra 7
-Introduced under the international Basel III norms.
-The concept says that during good times, banks must build up a capital buffer that can be drawn from when there is stress.
-In simple terms, this is savings for the future as this capital can be drawn when a bank is incurring losses.
-Since it is a buffer, or extra capital, banks’ minimum capital is not violated.
-It was introduced after the 2008 global financial crisis to improve the ability of banks to withstand adverse economic conditions
Enroll - https://targetupsc.in/courses/detail/76
Cover Economy Comprehensively
#Arthashastra - 8
🔺D SIB - Domestic Systemically Important Banks - RBI
- It means that the bank is too big to fail. These banks become systemically important due to their size, cross-jurisdictional activities, complexity and lack of substitute and interconnection.
- Banks whose assets exceed 2% of GDP are considered part of this group.
- The too-big-to-fail tag also indicates that in case of distress, the government is expected to support these banks.
- Banks under D-SIB are required to maintain higher share of risk-weighted assets as tier-I equity.
- Currently, SBI, ICICI Bank and HDFC Bank are named as D-SIB.
🔺Global Systemically Important Banks - by FSB (Financial Stability Board)
🔺Systemically important NBFCs
-NBFCs whose asset size is of ₹ 500 cr or more are considered as systemically important NBFCs. Example. Power Finance Corporation Limited (PFCL), Rural Electrification Corporation Limited (RECL), IL&FS, etc.
Enroll - https://targetupsc.in/courses/detail/76
Cover Economy Comprehensively
Current _ Static Linkages Covered No where
🔺D SIB - Domestic Systemically Important Banks - RBI
- It means that the bank is too big to fail. These banks become systemically important due to their size, cross-jurisdictional activities, complexity and lack of substitute and interconnection.
- Banks whose assets exceed 2% of GDP are considered part of this group.
- The too-big-to-fail tag also indicates that in case of distress, the government is expected to support these banks.
- Banks under D-SIB are required to maintain higher share of risk-weighted assets as tier-I equity.
- Currently, SBI, ICICI Bank and HDFC Bank are named as D-SIB.
🔺Global Systemically Important Banks - by FSB (Financial Stability Board)
🔺Systemically important NBFCs
-NBFCs whose asset size is of ₹ 500 cr or more are considered as systemically important NBFCs. Example. Power Finance Corporation Limited (PFCL), Rural Electrification Corporation Limited (RECL), IL&FS, etc.
Enroll - https://targetupsc.in/courses/detail/76
Cover Economy Comprehensively
Current _ Static Linkages Covered No where
🔺Compulsory Licensing
Compulsory Licensing (CL) allows governments to license third parties (that is, parties other than the patent holders) to produce and market a patented product or process without the consent of patent owners.
Any time after three years from date of sealing of a patent, application for compulsory license can be made, provided:
-Reasonable requirements of public have not been satisfied;
-Patented invention is not available to public at a reasonably affordable price;
-Patented inventions are not carried out in India.
Compulsory Licencing is regulated under the Indian Patent Act, 1970.
🔺Section 3(d) of the Indian Patent Act 1970 (as amended in 2005) does not allow patent to be granted to inventions involving new forms of a known substance unless it differs significantly in properties with regard to efficacy.
This means that the Indian Patent Act does not allow evergreening of patents.
#Target_Shots
#Arthashastra
Compulsory Licensing (CL) allows governments to license third parties (that is, parties other than the patent holders) to produce and market a patented product or process without the consent of patent owners.
Any time after three years from date of sealing of a patent, application for compulsory license can be made, provided:
-Reasonable requirements of public have not been satisfied;
-Patented invention is not available to public at a reasonably affordable price;
-Patented inventions are not carried out in India.
Compulsory Licencing is regulated under the Indian Patent Act, 1970.
🔺Section 3(d) of the Indian Patent Act 1970 (as amended in 2005) does not allow patent to be granted to inventions involving new forms of a known substance unless it differs significantly in properties with regard to efficacy.
This means that the Indian Patent Act does not allow evergreening of patents.
#Target_Shots
#Arthashastra
20% Ethanol-Blending with petrol target to be achived by ? News - high probability - 80 % getting Wrong
Anonymous Quiz
25%
2022
35%
2025
36%
2030
4%
2035
🔺AT1 Bonds - In News - Target SHOTS
◾️ AT-1, short for Additional Tier-1 bonds, are a type of unsecured, perpetual bonds that banks issue to shore up their core capital base to meet the Basel-III norms.
◾️ AT-1 bonds are complex hybrid instruments, ideally meant for institutions and smart investors who can decipher their terms and assess if their higher rates compensate for their higher risks.
◾️ They carry a face value of ₹10 lakh per bond.
◾️ There are two routes through which retail folk have acquired these bonds — initial private placement offers of AT-1 bonds by banks seeking to raise money; or secondary market buys of already-traded AT-1 bonds based on recommendations from brokers.
#Arthashastra 9
◾️ AT-1, short for Additional Tier-1 bonds, are a type of unsecured, perpetual bonds that banks issue to shore up their core capital base to meet the Basel-III norms.
◾️ AT-1 bonds are complex hybrid instruments, ideally meant for institutions and smart investors who can decipher their terms and assess if their higher rates compensate for their higher risks.
◾️ They carry a face value of ₹10 lakh per bond.
◾️ There are two routes through which retail folk have acquired these bonds — initial private placement offers of AT-1 bonds by banks seeking to raise money; or secondary market buys of already-traded AT-1 bonds based on recommendations from brokers.
#Arthashastra 9
🔺Climate and Clean Air Coalition
-Launched in 2019
-It is a voluntary partnership of governments, intergovernmental organizations, businesses, scientific institutions and civil society organizations committed to protecting the climate and improving air quality through actions to reduce short-lived climate pollutants.
-India is a member of the coalition.
- Report-
Global Methane Assessment: Benefits and Costs of Mitigating Methane Emissions suggested that the world needs to dramatically cut methane emissions to avoid the worst of climate change.
-The report was released by the Climate and Clean Air Coalition and the United Nations Environment Programme (UNEP).
-Launched in 2019
-It is a voluntary partnership of governments, intergovernmental organizations, businesses, scientific institutions and civil society organizations committed to protecting the climate and improving air quality through actions to reduce short-lived climate pollutants.
-India is a member of the coalition.
- Report-
Global Methane Assessment: Benefits and Costs of Mitigating Methane Emissions suggested that the world needs to dramatically cut methane emissions to avoid the worst of climate change.
-The report was released by the Climate and Clean Air Coalition and the United Nations Environment Programme (UNEP).
Clean Air Initiative
-The “Clean Air Initiative” calls on national and subnational governments to commit to achieving air quality that is safe for citizens, and to align climate change and air pollution policies by 2030.
-Launched UN, the World Health Organization (WHO), the UN Environment Programme (UNEP) and the Climate and Clean Air Coalition (CCAC) .
-The “Clean Air Initiative” calls on national and subnational governments to commit to achieving air quality that is safe for citizens, and to align climate change and air pollution policies by 2030.
-Launched UN, the World Health Organization (WHO), the UN Environment Programme (UNEP) and the Climate and Clean Air Coalition (CCAC) .
Not all Animals Migrate by Choice by? in news - Do not miss -
Anonymous Quiz
24%
UNEP + WCCB
37%
UNEP + WWF
16%
CBD + IUCN
23%
IUCN +WCCB
🔺Gross Fixed Capital Formation
-Gross fixed capital formation (GFCF) refers to the net increase in physical assets (investment minus disposals). It does not account for the consumption (depreciation) of fixed capital.
-It is a component of expenditure approach to calculating Gross Domestic Product (GDP).
-GFCF is not a measure of total investment, because only the value of net additions to fixed assets is measured, and all kinds of financial assets, as well as stocks of inventories and other operating costs are excluded.
#Arthashastra 10
Enroll - https://targetupsc.in/courses/detail/76
Cover Economy Comprehensively
Current _ Static Linkages Covered No where
-Gross fixed capital formation (GFCF) refers to the net increase in physical assets (investment minus disposals). It does not account for the consumption (depreciation) of fixed capital.
-It is a component of expenditure approach to calculating Gross Domestic Product (GDP).
-GFCF is not a measure of total investment, because only the value of net additions to fixed assets is measured, and all kinds of financial assets, as well as stocks of inventories and other operating costs are excluded.
#Arthashastra 10
Enroll - https://targetupsc.in/courses/detail/76
Cover Economy Comprehensively
Current _ Static Linkages Covered No where
UPSC CSP 2021 scheduled on 27th June will be deferred.
Official notification will be out soon.!
(Insider's info as per telegram channel)
Official notification will be out soon.!
(Insider's info as per telegram channel)
#arthashastra #Review Enroll - https://targetupsc.in/courses/detail/76
Cover Economy Comprehensively
Current _ Static Linkages Covered No where
Cover Economy Comprehensively
Current _ Static Linkages Covered No where
Kopili fault Zone:
● The Kopili fault zone is a 300-km northwest-southeast trending fault extending from the western part of Manipur up to the tri-junction of Bhutan, Arunachal Pradesh and Assam.
● The zone is a seismically active area falling in the highest Seismic Hazard Zone V.
● The zone is associated with collisional tectonics because of the Indian Plate subducting beneath the Eurasian Plate.
● The fault zone and its neighbouring areas are characterised by alluvial soils.These alluvial soil have a higher potential of trapping seismic waves making the region the most earthquake prone zone in North East India.
● The Kopili fault zone has witnessed many seismic activities in the past including the 1869 earthquake (7.8 magnitude) and the 1943 earthquake (7.3 magnitude).
Why in News? The National Centre for Seismology (NCS) has said that the Earthquake in Assam can be attributed to the Kopili Fault Zone.
● The Kopili fault zone is a 300-km northwest-southeast trending fault extending from the western part of Manipur up to the tri-junction of Bhutan, Arunachal Pradesh and Assam.
● The zone is a seismically active area falling in the highest Seismic Hazard Zone V.
● The zone is associated with collisional tectonics because of the Indian Plate subducting beneath the Eurasian Plate.
● The fault zone and its neighbouring areas are characterised by alluvial soils.These alluvial soil have a higher potential of trapping seismic waves making the region the most earthquake prone zone in North East India.
● The Kopili fault zone has witnessed many seismic activities in the past including the 1869 earthquake (7.8 magnitude) and the 1943 earthquake (7.3 magnitude).
Why in News? The National Centre for Seismology (NCS) has said that the Earthquake in Assam can be attributed to the Kopili Fault Zone.
AARAMBH - Start to Quality Answer Writing
Features
🔸 4 Questions Per Day for 5 Days a Week for next 8 Weeks. ( Self Evaluation )
🔸4 Full Length Tests with Evaluation.
🔸 Complete Coverage Syllabus through Question.
🔸 Lecture on Answer Writing.
🔸 Focus on Structuring of answers and Brainstorming
🔸 Personal Mentoring by Dr.Sudarshan Sir.
🔸 Documents on Quotes, Diagrams, Examples.
🔸 Limited Number of Students.
Course start from 24th May 2021
Offer Price: 4999/- ( Only 45 admissions Left )
Schedule: https://bit.ly/33JQmsu
Enroll: https://targetupsc.in/courses/detail/79
Dr. Sudarshan Lodha
TARGET UPSC
Features
🔸 4 Questions Per Day for 5 Days a Week for next 8 Weeks. ( Self Evaluation )
🔸4 Full Length Tests with Evaluation.
🔸 Complete Coverage Syllabus through Question.
🔸 Lecture on Answer Writing.
🔸 Focus on Structuring of answers and Brainstorming
🔸 Personal Mentoring by Dr.Sudarshan Sir.
🔸 Documents on Quotes, Diagrams, Examples.
🔸 Limited Number of Students.
Course start from 24th May 2021
Offer Price: 4999/- ( Only 45 admissions Left )
Schedule: https://bit.ly/33JQmsu
Enroll: https://targetupsc.in/courses/detail/79
Dr. Sudarshan Lodha
TARGET UPSC