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Editorials/Opinions Analysis For UPSC 12 October 2022


Editorials/Opinions Analysis For UPSC 12 October 2022


Contents

  1. Creating robust mineral supply chains
  2. Nobel Memorial Prize in Economic Sciences

Creating Robust Mineral Supply Chains


Context

  • Prime Minister Modi encouraged the country to pursue Aatmanirbharta in energy by focusing on clean energy technologies in his Independence Day address.
  • The article emphasises the importance of securing access to key minerals such as lithium, cobalt, nickel, and rare earth metals, among others, in order to build resilient and indigenous supply chains for clean energy technologies.

Relevance

GS Paper 3: Infrastructure: Energy, Ports, Roads, Airports, Railways etc.

Mains Question

Do you believe that bestowing the Nobel Peace Prize on certain individuals and organisations strengthens the voices of peace and human rights around the world and in India? Express your thoughts. (250 words)

Click Here To Read More: Creating Robust Mineral Supply Chains


Nobel Memorial Prize in Economic Sciences


Context

  • Former Fed Chair Ben Bernanke and two other US economists, Douglas Diamond and Philip Dybvig, were awarded the Nobel Memorial Prize in Economic Sciences. They were recognised for their work over four decades on the role of bank bailouts in financial crises.
  • The work for which Bernanke, Dybvig, and Diamond have been recognised dates back to the early 1980s, and it has laid the groundwork for modern bank regulations.

Relevance

GS Paper 1: Effects of globalization on Indian society.

Mains Question

Do you believe that bestowing the Nobel Peace Prize on certain individuals and organisations strengthens the voices of peace and human rights around the world and in India? Express your thoughts. (250 words)

Click Here To Read More: Nobel Memorial Prize in Economic Sciences


 

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