1- Quote 2- Editorials 3- Vocabulary 4- Subjective Q 5- Current Affair Q 6- News Analysis 7- Capital & Currency 8- Prelims Focus Facts 9- Revision(Base Knowledge) 10- Maps Practice-(Q-Cameroon)
Follow on FB- VeeR Talyan or @247VeeR Delhi Edition of The Hindu
A relationship adrift At age 11, Mr. Trudeau first visited India in 1983 India and Canada need to go back to the drawing board and urgently repair ties Ontario provincial legislature calling the 1984 anti Sikh violence genocide ; Toronto organised by Khalistani groups Mr. Trudeau to reach out to Punjab Chief Minister Amarinder Singh But till his arrival, Mr. Trudeau s office did not confirm a meeting with the Chief Minister. Ottawa for its tone deafness to Indian sensitivities On New Delhi for failing to press its concerns Mr. Modi s decision to stick to protocol, and not welcome Mr. Trudeau as he has tended to do for many foreign visitors, was a signal Jaspal Atwal at an official reception, which had an embarrassed Mr. Trudeau left explaining how a man who attempted to assassinate an Indian minister in 1986 Mr. Atwal was even allowed into the country.
Continue India Canada bilateral relationship Which has turned frosty(very cold) after a decade of excellent progress. In this period, the two sides had forged close cooperation on energy and trade, including A civil nuclear cooperation agreement and A commitment from Canadian pension funds to invest in India. India and Canada have much in common as two pluralistic, diverse democracies with very strong people to people ties: there is an Indian diaspora of 1.3 million in Canada, besides 100,000 Indian students. India Canada cooperation anchored on five Es: economy, energy, education, entertainment industry linkages, and empowerment of women Mr. Trudeau extended strong support for India s membership of Nuclear Suppliers Group. Effective cooperation on security, finance, justice, law enforcement and operations Freedom of navigation, India s reservations on China s mega Belt and Road Initiative. The two sides agreed on their analysis of the situation in the Korean Peninsula
Continue The two Prime Ministers called for dismantling the infrastructure of support to terrorism from across borders of Afghanistan, a clear reference to Pakistan. The Maldives government was urged to ensure early resumption of the political process. On Myanmar, the need for voluntary, safe and sustainable return of the Rohingya refugees was stressed. The handling of Mr. Trudeau s visit by both Ottawa and New Delhi doesn t do justice to these ties; both countries must work to repair the rupture. Canadian leadership needs to demonstrate greater sensitivity to India s core concerns
Today- Question- 150-250 words India and Canada need to go back to the drawing board and urgently repair ties. Analysis the statement related to India and Canada.
Can banking recover? We need stricter adherence(अन प लन) to sound banking rules More transparency from public and private players Frauds involving Punjab National Bank (PNB)- Nirav Modi and Mehul Choksi Rotomac case couldn t have come at a worse time. Indian banking system is already reeling under the pressure of growing NPAs, or non performing assets Which will touch nearly 10 lakh crore by March this year- Already caused a slowdown Failure at many levels Prime Minister who had promised to be the nation s chowkidar To prevent any such loot- But let us step away from the politics. It is now clear that the scams are fundamentally a failure of regulation. Bank level- Auditors did not track these problematic transactions for years. The Reserve Bank of India (RBI) did not monitor Finance Ministry failed in its oversight and regulation And successive Central governments- have not done anything to address obvious problems
Continue Using LoUs- Letter of undertaking (LoU)- PNB scam relied on- It was created by the RBI Modi Choksi combine- This case involves pure criminal fraud Just 12 large outstanding NPA accounted for as much as 250,000 crore Wilful defaulters are neither punished nor prevented from leaving the country. In fact their names are not even made public, so they can continue to access loans from other banks Privatisation no answer The key issue is one of poor regulation, and not ownership. Poorly regulated private banks are even more prone to scams U.S. and European bank behaviour leading to the great financial crisis of 2008 09 show In India, in decade before the nationalisation of banks in 1969, there was an average of more than 35 private bank failures every year. After the liberalising reforms of the 1990s, the collapse of the private Global Trust Bank and Centurion Bank Recovering from this will require stricter & sound banking rules & more transparency and accountability from both public and private players
Regulating the future-ai
Prelims Focus Facts-News Analysis Page-1- CPC clears the decks for third term for Xi Communist party for lifting two term limit on Presidency China on Sunday cleared the decks for President Xi Jinping s third consecutive term in office, ahead of a crucial session of parliament next month President and the Vice President will not be constitutionally restricted to two consecutive terms in office.
Prelims Focus Facts-News Analysis Page-1- CBI registers new loan default case The CBI has registered a case against the Uttar Pradesh based Simbhaoli Sugar Limited and its nine senior functionaries for allegedly cheating Oriental Bank of Commerce of 109.08 crore in connivance with unknown bank officials. This is the second case of fraud involving the bank in the past few days. Chilika in good health: authorities-?
Prelims Focus Facts-News Analysis Page-1,7,10- Pan India superstar takes last bow, fans heartbroken
Prelims Focus Facts-News Analysis Page-1- Rustom 2 UAV takes to skies Unmanned air vehicle (UAV) being developed by Defence Research and Development Organisation for the three services, Indian Army, Indian Navy Rustom 2 belongs to a family of UAVs under developmen t, including Rustom 1 and Rustom H. It is a medium altitude long endurance drone (MALE). It can y up to an altitude of 22,000 feet and has an endurance of over 20 hours. It is capable of carrying payloads for electronic and signal
Prelims Focus Facts-News Analysis
Prelims Focus Facts-News Analysis N. Korea open to talks with the U.S. Its intelligence chief meets South Korean President UN s truce call fails to stop strikes New regime air strikes and heavy clashes shook Syria India signs o ff with a thrilling win
Last Day- Q s- Answers Comptroller and Auditor General (CAG) Comes under Article 148 to Article 151. Current "CAG" -"Rajiv Mehrishi"
Telegram- https://t.me/studyiqeducation Follow on FB- VeeR Talyan or @247VeeR