“Disturbed Area”

◾️Declared by notification under Section 3 of the AFSPA.                                                                                                                           ◾️An area can be disturbed due to differences or disputes between members of different religious, racial, language or regional groups or castes or communities.                                                                                                                             ◾️ Central Government or the Governor of the State or administrator of the Union Territory can declare the whole or part of the State or Union Territory as a disturbed area.
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Eco-Sensitive Zone:
-> The Eco-Sensitive Zone has a minimum extent of 100 metres and maximum extent of up to 4 km from the Park boundary.
-> The objective of notifying Eco-Sensitive Zones is to create a buffer as further protection around Protected Areas (PAs) such as National Parks and Wildlife sanctuaries.
-> MoEFCCC is responsible for ESZ.
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What is Green Muffler
-> Green Muffler is a technique of reducing noise pollution by planting 4-6 rows around the populated areas or noisy places like along Roadsides, Industrial areas, Societies near highways.

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What is Global Zero?

-> Global Zero is the international movement for the elimination of all nuclear weapons.

-> Its members understand that the only way to eliminate the nuclear threat – including proliferation, nuclear terrorism and humanitarian catastrophe – is to stop the spread of nuclear weapons, secure all nuclear materials and eliminate all nuclear weapons: global zero.

-> The movement combines cutting-edge policy development and direct dialogue with governments with public outreach, including media, online and grassroots initiatives to make the elimination of nuclear weapons an urgent global imperative.

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Creeping inflation (1-4%)

🌳When the rate of inflation slowly increases over time.

🌳 For example, the inflation rate rises from 2% to 3%, to 4% a year. Creeping inflation may not be immediately noticeable, but if the creeping rate of inflation continues, it can become an increasing problem.

🌀Monetary Policy Committee (MPC)

▫️The RBI has a government- constituted Monetary Policy Committee (MPC) which is tasked with framing monetary policy using tools like the Repo Rate, Reverse Repo Rate, Bank Rate, Cash Reserve Ratio.


▫️The MPC is entrusted with the responsibility of deciding the different policy rates including, Marginal Standing Facility, Repo Rate, Reverse Repo Rate, and Liquidity Adjustment Facility.

▪️Composition of MPC

▫️The committee will have six members. Of the six members,   the government will nominate three. No government official will be nominated to the MPC.

▫️The other three members would be from the RBI with the governor being the ex-officio chairperson. Deputy governor of RBI in charge of the monetary policy will be a member, as also an executive director of the central bank.

▪️Selection of members

▫️The government nominees to the MPC will be selected by a Search-cum-Selection Committee under Cabinet Secretary with RBI Governor and Economic Affairs Secretary and three experts in the field of economics or banking or finance or monetary policy as its members.

▪️Term of Members

▫️Members of the MPC will be appointed for a period of four years and shall not be eligible for reappointment.

■ INTERIM GOVERNMENT (1946)

Members and portfolio they held.

◇ Jawaharlal Nehru - Vice-President of the Council; External Affairs & Commonwealth Relations.

◇ Sardar Vallabhbhai Patel - Home, Information & Broadcasting.

◇ Dr. Rajendra Prasad - Food & Agriculture.

◇ Dr. John Mathai - Industries & Supplies.

◇ Jagjivan Ram - Labour.

◇ Sardar Baldev Singh - Defence.

◇ C.H. Bhabha - Works, Mines & Power.

◇ Liaquat Ali Khan - Finance.

◇ Abdur Rab Nishtar - Posts & Air.

◇ Asaf Ali - Railways & Transport.

◇ C. Rajagopalachari - Education & Arts.

◇ I.I. Chundrigar - Commerce.

◇ Ghaznafar Ali Khan - Health

◇ Joginder Nath Mandal - Law

Washington Convention on International Trade in Endangered Species of Wild Fauna and Flora or CITES, aims at regulating the international trade of specimens of endangered animals and plants. India has ratified this Convention in 1976.
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🌀Bad Bank

◾️News: RBI Governor has agreed to look at a proposal for creating a Bad Bank.

◾️Key points:
1. Function as a bank but has bad assets to start with.

2. It is an Asset Reconstruction Company (ARC) or an Asset Management Company (AMC).

3. It is not involved in lending and taking deposits.

4. It helps commercial banks clean up their balance sheets and resolve bad loans.

5. US-based Mellon Bank created the first bad bank in 1988.

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√√ रेखा का नाम – मैकमोहन रेखा (Macmahon Line)
● किसके बीच – भारत तथा चीन
● 1120 किमी. लंबी यह रेखा सर हेनरी मैकमोहन द्वारा निर्धारित की गई थी। लेकिन चीन इसे स्वीकार नहीं करता।
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√√ रेखा का नाम – रेडक्लिफ रेखा (Radcliffe Line)
● किसके बीच – भारत तथा पाकिस्तान
● 1947 में भारत-पाकिस्तान सीमा आयोग के अध्यक्ष सर सायरिल रेडक्लिफ द्वारा निर्धारित।

√ रेखा का नाम – सीजफ्राइड रेखा (Seigfrid Line)
● किसके बीच – जर्मनी तथा फ्रांस
● जर्मनी ने यह रेखा बनाई थी।