Insights Daily Current Affairs + PIB: 31 August 2019

Insights Daily Current Affairs + PIB: 31 August 2019 Table of contents: GS Paper 1: State of the World Population 2019. Liberalism runs into national populism.   GS Paper 2: Nationalism and subnationalism in separate Kannada flag. US Space Command.   GS Paper 3: Merger of Banks. Michael Faraday and electromagnetic induction.   Facts for …

Michael Faraday and electromagnetic induction

Topic covered: Science and Technology- developments and their applications and effects in everyday life Achievements of Indians in science & technology; indigenization of technology and developing new technology.   Michael Faraday and electromagnetic induction   What to study? For Prelims: features, applications and significance of Faraday’s law.   Context: On August 29 in 1831, British …

Merger of Banks

Topics Covered: Inclusive growth and issues arising from it.   Merger of Banks   What to study? For Prelims: Which three banks are being merged? For Mains: Merger- Significance, pros and cons, concerns. Context: The government plans to merge 10 public sector banks into four. This would take the number of banks in the country from …

US Space Command

Topics Covered: Effect of policies and politics of developed and developing countries on India’s interests, Indian diaspora.   US Space Command   What to study? For Prelims: Space force- composition and functions. For Mains: Space force- the idea, concerns, challenges and the need for free outer- space.   Context: US has launched Space Command. It …

Nationalism and subnationalism in separate Kannada flag

Topics Covered: Functions and responsibilities of the Union and the States, issues and challenges pertaining to the federal structure, devolution of powers and finances up to local levels and challenges therein.   Nationalism and subnationalism in separate Kannada flag   What to study? For Prelims: Constitutional and legal provisions in this regard. For Mains: Concern …

Liberalism runs into national populism

Topics Covered: Political philosophies like communism, capitalism, socialism etc.- their forms and effect on the society.   Liberalism runs into national populism   What to study? For Prelims: Meaning of liberalism and forms. For Mains:  Recent concerns raised and ways to address them.   What is liberalism? Liberalism has been the dominant socio-political ideology in …

Insights into Editorial: Government should use RBI funds in a prudent manner

Insights into Editorial: Government should use RBI funds in a prudent manner Context: On August 26, the central board of the Reserve Bank of India (RBI) decided to transfer a surplus of Rs 1.76 lakh crore to the government-its highest transfer ever-sparking a fierce debate. The government was, it must be noted, acting on the …