CSAP Daily-CA Oct-4-5-6-2020

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CSAP Daily-CA Oct-4-5-6-2020 CIVIL SERVICES ACHIEVERS' POINT, GUWAHATI THE ASSAM TRIBUNE ANALYSIS Date – 5 and 6 oct 2020 (For Preliminary and Mains Examination) As per New Pattern of APSC (Also useful for UPSC and other State Level Government Examinations) Join our Regular/Online Classes. For details contact 8811877068 CIVIL SERVICES ACHIEVERS' POINT, GUWAHATI ANSWERS to MCQs of 03-10-2020 1. (c) Assam witch-hunting (prohibition, prevention and protection) Act, 2015 2. (b) 1 and 2 only 3. (c) 1, 2 and 3 4. (b) India, Japan, Australia, USA 5. (b) 2 only Join our Regular/Online Classes. For details contact 8811877068 CIVIL SERVICES ACHIEVERS' POINT, GUWAHATI MCQs of 06-10-2020 1. Amnesty International is an organisation 2. A Fast Patrol Vessel (FPV) named ICGS Kanaklata Barua associated with which of the following fields? was commissioned in the Indian Coast Guard recently. In this context consider the following statements (a) Protection of Cruelty to animals (1) It is the fifth and last in a series of FPVs built by Garden (b) Environment protection Reach Shipbuilders and Engineers (GRSE) Ltd. (c) Protection of human rights (2) One of the youngest martyrs of the Quit India (d) Protection of historic monuments Movement, Kanaklata Barua, then 17, led the Mukti Bahini, a procession of freedom fighters to unfurl the Tricolour at Gohpur police station on September 20, 1942. (3) This is the first time a coast guard ship is named after her. Choose the correct statement/s a) 2 only b) 3 only c) 1 and 2 only d) 2 and 3 only Join our Regular/Online Classes. For details contact 8811877068 CIVIL SERVICES ACHIEVERS' POINT, GUWAHATI 3. who is the first barrister of Assam? 4. Aatma Nirbhar Bharat Abhiyaan economic (a) Haliram Deka package is how much equivalent to India’s (b) Pranab kumar Barooah GDP? (c) Anundoram Barooah (d) Parul Das (a) 7% (b) 8% (c) 9% (d)10% Join our Regular/Online Classes. For details contact 8811877068 CIVIL SERVICES ACHIEVERS' POINT, GUWAHATI 5. Which of the following is/are true regarding Eco- Sensitive Zone? (1) The zone limits are set on case by case basis and there is no standard specified limit to it. (2) All activities are banned in the eco-sensitive zone. (a) Only 1 (b) Only 2 (c) Both 1 and 2 (d) Neither 1 nor 2 Join our Regular/Online Classes. For details contact 8811877068 CIVIL SERVICES ACHIEVERS' POINT, GUWAHATI CONTENTS o Modi inaugurates strategic Atal Tunnel o Accounts not performing due to delay won’t be labelled NPAs: Centre to SC o Trump undergoing Remdesivir therapy o Steps on to complete Trilateral Highway- NE, Southeast Asia connectivity o India, Myanmar discuss key issues- Army Chief, Foreign Secy call on Suu Kyi o 3 share Nobel for medicine o India successfully tests ‘game changer’ SMART torpedo system o Eye on promotion of sector’s growth- Prabhu launches India Bamboo Forum Join our Regular/Online Classes. For details contact 8811877068 CIVIL SERVICES ACHIEVERS' POINT, GUWAHATI EDITORIAL o Privatization and private jobs o Extradition treaty o Stale news Join our Regular/Online Classes. For details contact 8811877068 CIVIL SERVICES ACHIEVERS' POINT, GUWAHATI NEWS ARTICLES Join our Regular/Online Classes. For details contact 8811877068 CIVIL SERVICES ACHIEVERS' POINT, GUWAHATI Modi inaugurates strategic Atal Tunnel (General Studies-1: Geography of India) oPrime Minister Narendra Modi inaugurated the strategically important all-weather Atal Tunnel here and lashed out at the Congress-led previous governments, saying strategic projects were neglected and defence interests were compromised for years. oThe Atal Tunnel, built by the Border Roads Organisation, is the longest highway tunnel in the world and reduces the distance between Manali and Leh by 46 km. It also reduces the travel time by 4-5 hours. oThe 9.02-km tunnel connects Manali to Lahaul-Spiti valley throughout the year, the Prime Minister’s Office has said, noting that the valley was earlier cut off for about six months every year due to heavy snowfall. oModi was accompanied by Defence Minister Rajnath Singh and Chief of Defence Staff Gen Bipin Rawat. Join our Regular/Online Classes. For details contact 8811877068 CIVIL SERVICES ACHIEVERS' POINT, GUWAHATI oThe Atal Bihari Vajpayee government had taken the decision to construct a strategic tunnel below the Rohtang Pass on June 3, 2000, and the foundation stone for the access road to the south portal of the tunnel was laid on May 26, 2002. oThe Modi government decided to name the Rohtang Tunnel as Atal Tunnel in December 2019 to honour the former Prime Minister who had passed away the previous year. oSpeaking on the occasion, Modi said Vajpayee laid the foundation of the approach road for this tunnel, but after his government left, the project was all but forgotten. Experts say that the pace at which Atal Tunnel was being constructed after the Vajpayee-led NDA government were to continue, the tunnel would have been completed by 2040, he said. o“Our govt increased the pace of construction from 300 metres per year to 1,400 metres per year and completed the project in 2020,” Modi said. The work on Atal Tunnel was accelerated after 2014 and in just six years the government completed the work of 26 years, he said. Join our Regular/Online Classes. For details contact 8811877068 CIVIL SERVICES ACHIEVERS' POINT, GUWAHATI oJust like the Atal Tunnel, similar treatment was meted out to several such projects. o“There was no political will. I can talk about dozens of projects that are important from the strategic point of view, but for years they were neglected,” he said, hitting out at the previous Congress-led governments. o“Nothing is more important for us than the defence of the country. But for a long time, the country has also witnessed an era when the defence interests of the country were compromised. oThe Air Force of the country kept demanding a modern fighter plane, while they kept opening and closing files after files, and kept playing around with those files,” he said at Rohtang after inaugurating the tunnel. Join our Regular/Online Classes. For details contact 8811877068 CIVIL SERVICES ACHIEVERS' POINT, GUWAHATI Accounts not performing due to delay won’t be labelled NPAs: Centre to SC (General Studies-3: Economic Development) oThe Centre has informed the Supreme Court that accounts becoming non-performing due to bank’s or any other delay need not suffer the label of Non-Performing Assets (NPAs). oThe Centre said concerns have also been expressed regarding possible down gradation of loan accounts from standard to NPAs and the consequent impact on ratings. o“The resolution framework announced by the RBI provides that loans accounts which slip into NPA between invocation and implementation may be upgraded as standard on the date of implementation itself,” an affidavit submitted by the government said. oFor example, if a borrower had defaulted on February 10, such borrower would be eligible for invoking restructuring as the account was less than 30 days overdue on March 1. Join our Regular/Online Classes. For details contact 8811877068 CIVIL SERVICES ACHIEVERS' POINT, GUWAHATI o“Invocation of restructuring is now done on, say, October 9 and completed by, say, November 9. Even if the account slips into NPA on October 10, it could be standard on November 9,” the affidavit explained. oThe Centre told the Supreme Court that more than 50 per cent borrowers have not availed of the moratorium, and if waiving interest on all loans and advances is considered then it would have to forego in excess of Rs 6 lakh crore. oThe response from the Centre came on petitions that sought a waiver of interest on interest during the moratorium. The affidavit said that though it may not be possible to give the exact percentage of borrowers who have not availed of the moratorium and have deposited their instalments, approximately such class would be more than 50 per cent. oReiterating that waiver of interest on all loans is not practical, the Centre said: “If the government were to consider waiving interest on all loans and advances to all classes and categories of borrowers corresponding to the sixmonth period for which the moratorium was made available under the relevant RBI circular, the estimated amount is more than Rs 6 lakh crore.” Join our Regular/Online Classes. For details contact 8811877068 CIVIL SERVICES ACHIEVERS' POINT, GUWAHATI oThe Centre emphasised that if banks were to bear this burden, then it would necessarily wipe out a substantial and a major part of their net worth, rendering most of the banks unviable and raising a very serious question mark over their survival. oBut, keeping in interest of people facing hardships amid the Covid-19 pandemic, the Centre said it will go with the tradition of “hand-holding small borrowers”, and decided to grant a waiver of compounded interest for borrowers of loans of up to Rs 2 crore. oThe Centre also provided clarification on the concern in connection with the downgrading of credit rating. The affidavit cited circulars issued by Securities and Exchange Board of India (SEBI) on March 30 and August 31. oThe Centre said it would engage with SEBI for a humane and holistic view in resolving the issues. The Supreme Court will hear the case next on October 5. Join our Regular/Online Classes. For details contact 8811877068 CIVIL SERVICES ACHIEVERS' POINT, GUWAHATI Trump undergoing Remdesivir therapy (General Studies-3: Science and Technology) oUS President Donald Trump was shifted to a military hospital where he was given Remdesivir therapy following treatment with an experimental drug after testing positive for COVID-19, a development that upended his election campaign just weeks before the presidential polls.
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