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Current Affairs 05 December 2022

CONTENTS

  1. China Indian Ocean Region forum
  2. Indian Railways Management Service (IRMS)
  3. UPI market cap deadline has been extended by 2 years
  4. Electoral bonds
  5. Social Hostilities Index & Government Restrictions Index

China Indian Ocean Region Forum


Context:

Recently, China’s top development aid agency convened the first “China-Indian Ocean Region Forum” in the southwestern Chinese city of Kunming.

Relevance:

GS II: International Relations

Dimensions of the Article:

  1. About China Indian Ocean Region forum:
  2. Which countries have backed the forum?
  3. India stand
  4. What are China’s plans for the IOR?

Click Here To Read More: China Indian Ocean Region Forum


Indian Railways Management Service (IRMS)


Context:

Recently, the Ministry of Railways announced that from 2023 onwards, recruitment to the Indian Railways Management Service (IRMS) will be done through a specially designed examination conducted by the Union Public Service Commission (UPSC).

  • This will be a major departure from the current system of recruitment, which does not have a unique examination for IRMS.

Relevance:

GS II: Polity and Governance

Dimensions of the Article:

  1. What is the new Railway Services exam like?
  2. How is this different from the previous IRMS recruitment system?
  3. What are some of the outcomes of this change?
  4. Why has the system been changed?

Click Here To Read More: Indian Railways Management Service (IRMS)


UPI Market Cap Deadline Has Been Extended By 2 Years


Context:

The National Payments Corporation of India (NPCI) has extended by two years the deadline to comply with its 30 per cent cap on the market share of platforms operating on the Unified Payments Interface (UPI).

Relevance:

GS III: Indian Economy

Dimensions of the Article:

  1. What is Unified Payments Interface (UPI)?
  2. Why did NPCI extend its UPI market cap deadline?
  3. How could it impact UPI platforms?
  4. About National Payments Corporation of India

Click Here To Read More: UPI Market Cap Deadline Has Been Extended By 2 Years


Electoral Bonds


Context:

The government has opened yet another week-long window for electoral bond sales starting December 5.

Relevance:

GS-II: Polity and Governance (Governance and Government Policies)

Dimensions of the Article:

  1. What are Electoral Bonds?
  2. Why have they attracted criticism?
  3. Government’s response defending the Electoral Bonds scheme

Click Here To Read More: Electoral Bonds


Social Hostilities Index & Government Restrictions Index


Context:

In 2020, India has been ranked first in the Social Hostilities Index (SHI) released by US think-tank Pew Research Center.

Relevance:

GS I: Communalism, Secularism, Regionalism

Dimensions of the Article:

  1. About Social Hostilities Index (SHI)
  2. Government Restrictions Index (GRI)

Click Here To Read More: Social Hostilities Index & Government Restrictions Index


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