Current Affairs Reverse Engineering
Care (7-03-2024)
| News at a Glance
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| International: India and South Korea relations |
| Ecology and Environment: 2023 El Niño is among the strongest on record |
| Economy: International Monetary Fund (IMF) Bailout to Pakistan |
| Defence: INS Jatayu and MH-60R Squadron |
| Awards: Sangeet Natak Akademi Awards |
| IAA Golden Compass Awards |
India and South Korea relations
Source: The Hindu
Context: : 10th India-South Korea Joint Commission Meeting Held in Seoul
UPSC Syllabus Relevance GS 2 (Bilateral Relations)
Why in news
- The India-South Korea Joint Commission Meeting in Seoul, chaired by Indian External Affairs Minister S. Jaishankar, emphasized the need for expanding cooperation in critical and emerging technologies, particularly to ensure a safe and secure Indo-Pacific.
Key highlights
- The India-South Korea Joint Commission Meeting, chaired by Indian External Affairs Minister S. Jaishankar and his Korean counterpart, Cho Tae-yul, emphasized expanding cooperation in critical and emerging technologies for a secure Indo-Pacific.
- Discussions centered on leveraging strengthened bilateral ties, initiated 50 years ago, across trade, investments, defense, and more.
- India expressed interest in collaboration in areas like semiconductors, green hydrogen, and nuclear cooperation.
- Both nations affirmed their shared interests in Indo-Pacific stability, with Minister Jaishankar highlighting their potential to shape the global order amidst uncertainty.
India – South Korea Relationship
Political Relations
- The political relations between India and South Korea have a long history, dating back to the independence of South Korea in 1945.
- India has consistently played a positive and constructive role in the affairs of South Korea.
- Notably, during the Korean War in 1953, both sides accepted a resolution brought out by India, leading to a ceasefire agreement on 27th July 1953.
- This mutual trust and respect have been evident throughout the years, with the initiation of bilateral relations in 1962 and the appointment of Ambassadors by both countries in 1973.
Economic Relations
- India and the Republic of Korea have significant economic ties, with Korea being India’s 15th largest trading partner.
- Major sectors in the mutual trade between the two countries include shipbuilding, automobile, electronics, textile, and food processing.
- Indian technology companies have invested approximately Rs 2 billion in the Republic of Korea, while Korean giants like Samsung, Hyundai Motors, and LG have invested over 3 billion dollars in India.
- The bilateral trade between the two countries reached $22.52 billion in the year 2019-2020.
Cultural relations
- Efforts to enhance cultural exchange between India and the Republic of Korea have led to the establishment of Indian Cultural Centers in Seoul and Busan.
- Additionally, educational institutions in India, such as Jawaharlal Nehru University and the University of Delhi, offer research programs and Korean language courses.
- The establishment of the ‘Indian Institute of Studies Korea’ by the Korea International Trade Association has further facilitated academic and business exchanges between the two countries.
Overseas Indians Living in South Korea
- The Republic of Korea is home to around 11,000 Indian citizens, with over 1000 Indian scholars studying and conducting research in postgraduate and PhD courses.
Current Perspective of India-South Korea Bilateral Relations
- Both India and South Korea are actively working to strengthen their strategic relations.
- South Korea has declared India as its special strategic partner, a status it has only granted to its traditional allies like Japan and the United States.
- During the global pandemic Covid-19, both countries have ensured mutual exchange of health-related equipment, such as testing kits, masks, and medicines, to combat the virus.
- Bilateral talks, including 2+2 Dialogues at the secretary level, are ongoing, further enhancing strategic cooperation between India and South Korea.
The Comprehensive Economic Partnership Agreement between India and South Korea
- The Comprehensive Economic Partnership Agreement (CEPA) is a free trade agreement between India and South Korea.
- It was signed on August 7, 2009 in Seoul by the Indian and South Korean ministers of commerce, Anand Sharma and Kim Jong-Hoon, and came into effect on January 1, 2010.
- The Comprehensive Economic Partnership Agreement between India and South Korea allows for free import of critical metals and articles from each other, promoting trade and economic cooperation.
Other projects
- South Korea is also collaborating with India on a project in Afghanistan, demonstrating its support for India’s Afghanistan policy.
- In addition, various initiatives have been established to promote technology exchange and cooperation in small and medium industries between the two countries.
- The broadcasting channels of both countries, Doordarshan India Channel and Korean Broadcasting Channel, have agreed to facilitate broadcasting in each other’s countries, promoting cultural relations.
- In conclusion, the political, economic, and cultural relations between India and South Korea have grown significantly over the years.
- Both countries have actively engaged in various sectors, including politics, trade, and culture, to strengthen their bilateral ties.
- The mutual trust and cooperation between India and South Korea have contributed to the development and prosperity of both nations.
| CARE MCQ | UPSC PYQ |
| Q1. Consider the following statements with reference to India-South Korea relations:
1. India and South Korea are still working to finalise Comprehensive Economic Partnership Agreement. 2. During India-South Korea Joint Commission Meeting, both the countries agreed on semiconductor, green hydrogen and nuclear cooperation. Which of the above statement is/are incorrect? A. 1 only B. 2 only C. 1 and 2 D. Neither 1 nor 2
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Q. Recently, India signed a deal known as ‘Action Plan for Prioritization and Implementation of Cooperation Areas in the Nuclear Field’ with which of the following countries? ( 2019)
A. Japan B. Russia C. The United Kingdom D. The United States of America Answer: B
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| Ans 1 A
Explanation · The Comprehensive Economic Partnership Agreement (CEPA) is a free trade agreement between India and South Korea. It was signed on August 7, 2009 in Seoul by the Indian and South Korean ministers of commerce, Anand Sharma and Kim Jong-Hoon, and came into effect on January 1, 2010. So, statement 1 is incorrect. · The India-South Korea Joint Commission Meeting in Seoul, chaired by Indian External Affairs Minister S. Jaishankar, emphasized the need for expanding cooperation in critical and emerging technologies, particularly to ensure a safe and secure Indo-Pacific. · India and South Korea both expressed interest in collaboration in areas like semiconductors, green hydrogen, and nuclear cooperation. So, statement 2 is correct. · Therefore, option A is correct answer. |
2023 El Niño is among the strongest on record
Source: The Hindu
Context: The prevailing El Nino conditions fuelled record temperatures and extreme events the world over, with 2023 being the warmest on record.
UPSC Syllabus relevance: GS 3 (Climate Change)
Why in news
- The 2023-24 El Nino has peaked as one of the five strongest on record and will continue to impact global climate in the coming months despite a weakening trend, the World Meteorological Organisation said
Key Highlights
- According to the European Union’s Copernicus Climate Change Service, the global mean temperature breached the 1.5-degree Celsius threshold for an entire year for the first time in January.
- A permanent breach of the 1.5-degree Celsius limit, specified in the Paris Agreement, however, refers to long-term warming over many years.
- In its latest update, the World Meteorological Organisation (WMO) said there is about a 60% chance of El Nino persisting during March-May and an 80% likelihood of neutral conditions (neither El Nino nor La Nina) during April to June.
- There is a chance of La Nina developing later in the year but those odds are currently uncertain, it said.
- Scientists closely tracking the development in India have said La Nina conditions setting in by June-August could mean monsoon rains would be better this year than in 2023.
El-Nino
- El Nino — a periodic warming of the ocean surface in the central and eastern tropical Pacific Ocean — occurs every two to seven years on an average, and typically lasts nine to 12 months.
- It is associated with increased rainfall in the Horn of Africa and the southern US, and unusually dry and warm conditions in Southeast Asia, Australia and southern Africa.
Impact on global climate
- Scientists say El Nino typically has the greatest impact on the global climate in the second year of its development — 2024, in this instance.
- The continuing, albeit weaker, El Nino and predicted above-normal sea-surface temperatures over much of the global oceans are expected to lead to above-normal temperatures over almost all land areas in the next three months, and influence regional rainfall patterns, according to a Global Seasonal Climate Update issued by the WMO.
- The current El Nino event, which developed in June 2023, was at its strongest between November and January. It displayed a peak value of about 2.0 degrees Celsius above the 1991 to 2020 average sea-surface temperature for the eastern and central tropical Pacific Ocean.
- This made it one of the five strongest El Nino events ever, though it was weaker than the 1997-98 and 2015-2016 events.
Copernicus Climate Change Service
- The Copernicus Climate Change Service (abbreviated as C3S) is one of the six thematic services provided by the European Union’s Copernicus Programme.
- The Copernicus Programme is managed by the European Commission and the C3S is implemented by the European Centre for Medium-Range Weather Forecasts (ECMWF).
- The objective of the Copernicus Climate Change Service is to build an EU knowledge base in support of mitigation and adaptation policies for Climate Change and Global Warming.
- The goal of the operational Climate Change service is to provide reliable information about the current and past state of the climate, the forecasts on a seasonal time scale, and the more likely projections in the coming decades for various scenarios of greenhouse gas emissions and other Climate Change contributors.
World Meteorological Organization (WMO)
- The World Meteorological Organization (WMO) is a specialized agency of the United Nations responsible for promoting international cooperation on atmospheric science, climatology, hydrology and geophysics.
- The WMO is made up of 193 countries and territories, and facilitates the “free and unrestricted” exchange of data, information, and research between the respective meteorological and hydrological institutions of its members.
- Headquartered in Geneva, Switzerland, the WMO is governed by the World Meteorological Congress, composed of member states, which meets every four years to set policies and priorities.
- The Congress is led by an Executive Council led by the President, currently Abdulla Al Mandous of UAE.
Conclusion
- El Nino events have a major impact on societies and economies.
- Accurate seasonal forecasts from the WMO community helped countries prepare in advance to try to limit the damage in climate sensitive sectors like agriculture, water resources and health.
- Early warnings of weather and climate extremes associated with El Nino have saved countless lives
| CARE MCQ | UPSC PYQ |
| Q2. Which of the following statements is/are correct?
1. The World Meteorological Organization (WMO) is a specialized agency of the United Nations, Headquartered in Geneva. 2. The Copernicus Programme, that provides thematic services on climate change is managed by US government. Code: A. 1 only B. 2 only C. 1 and 2 D. Neither 1 nor 2
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Q. Consider the following statements: (UPSC Prelims 2022)
1. The Climate Group is an international non-profit organization that drives climate action by building large networks and runs them. 2. The International Energy Agency in partnership with the Climate Group launched a global initiative “EP100”. 3. EP100 brings together leading companies committed to driving innovation in energy efficiency and increasing competitiveness while delivering on emission reduction goals. 4. Some Indian companies are members of EP100. 5. The International Energy Agency is the Secretariat to the “Under2 Coalition”. Which of the statements given above are correct? A. 1,2, 4 and 5 B. 1,3 and 4 only C. 2,3 and 5 only D. 1,2, 3, 4 and 5 Answer: D
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| Answer 2– A
Explanation – · The World Meteorological Organization (WMO) is a specialized agency of the United Nations responsible for promoting international cooperation on atmospheric science, climatology, hydrology and geophysics. · The WMO is made up of 193 countries and territories, and facilitates the “free and unrestricted” exchange of data, information, and research between the respective meteorological and hydrological institutions of its members. · Headquartered in Geneva, Switzerland, the WMO is governed by the World Meteorological Congress, composed of member states, which meets every four years to set policies and priorities. So, statement 1 is correct. · The Copernicus Climate Change Service (abbreviated as C3S) is one of the six thematic services provided by the European Union‘s Copernicus Programme. · The Copernicus Programme is managed by the European Commission and the C3S is implemented by the European Centre for Medium-Range Weather Forecasts (ECMWF). · So, statement 2 is incorrect. Therefore, correct answer is option A.
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International Monetary Fund (IMF) Bailout to Pakistan
Source: The Hindu
Context: India Urges IMF to Ensure Pakistan’s Loans Aren’t Used for Defense Expenses.
UPSC Syllabus Relevance: GS Paper – 2 (Important International Institution )
Why in News
- India has firmly advocated for the “rigorous monitoring” of emergency funds provided by the International Monetary Fund (IMF) to Pakistan, emphasizing that such funds should not be diverted towards defense expenditures or the repayment of loans from other nations.
Key highlights
- During a recent review of Pakistan’s $3 billion short-term Stand-By Arrangement (SBA) by the IMF’s executive board, India’s nominee, executive director Krishnamurthy Subramanian, conveyed India’s stance.
- India, which typically abstains from voting on loans sought by Pakistan, reiterated its position during this review.
- Although India abstained from voting during the mid-January review, the IMF still disbursed a $700 million tranche to Pakistan.
- However, India’s government urged Subramanian to highlight the necessity for stringent oversight of Pakistan’s use of IMF funds to the board.
- The current development is significant as Pakistan’s newly formed government, under Prime Minister Shehbaz Sharif, is in talks with the IMF for additional funding support, including the $1.2 billion remaining balance from the SBA, which expires next month.
- Pakistan’s economy faced a severe crisis last June, with foreign exchange reserves plummeting to $3.5 billion, barely sufficient to cover a month’s worth of imports.
- The IMF’s assistance helped Pakistan avert a looming external payments crisis, exacerbated by severe floods in 2022, external shocks, and high inflation, which led to a contraction in the country’s economy in 2022-23.
What Does the IMF Do
- It has three critical missions:
- Furthering international monetary cooperation, encouraging the expansion of trade and economic growth,
- Discouraging policies that would harm prosperity.
- To fulfill these missions, IMF member countries work collaboratively with each other and with other international bodies.
How does the IMF help countries
- The IMF basically lends money, often in the form of special drawing rights (SDRs), to troubled economies that seek the lender’s assistance.
- SDRs simply represent a basket of five currencies, namely the U.S. dollar, the euro, the Chinese yuan, the Japanese yen, and the British pound.
- The IMF carries out its lending to troubled economies through a number of lending programs such as the extended credit facility, the flexible credit line, the stand-by agreement, etc.
- Countries receiving the bailout can use the SDRs for various purposes depending on their individual circumstances.
- Currently, both Sri Lanka and Pakistan are in urgent need of U.S. dollars to import essential items and also to pay their foreign debt.
About SDR
- Special Drawing Rights (SDRs) are supplementary foreign exchange reserve assets defined and maintained by the International Monetary Fund (IMF)
- SDR is not a currency, instead represents a claim to currency held by IMF member countries for which they may be exchanged.
- The value of an SDR is defined by a weighted currency basket of four major currencies – the US Dollar, the Euro, the British Pound, the Chinese Yuan and the Japanese Yen.
- Central banks of member countries hold SDRs with the IMF which can be used by them to access funds from the IMF in case of financial crises in their domestic market.
About IMF
- The IMF is a global organization that works to achieve sustainable growth and prosperity for all of its 190 member countries.
- It does so by supporting economic policies that promote financial stability and monetary cooperation, which are essential to increase productivity, job creation, and economic well-being.
- The IMF is governed by and accountable to its member countries.
- Members: The IMF is governed by and accountable to 190 countries that make up its near-global membership.
- Founded : The IMF was founded by 44 member countries that sought to build a framework for economic cooperation.
- Established : The IMF was established in 1944 in the aftermath of the Great Depression of the 1930s.
- Headquarters –Washington, D.C., United States.
- The IMF is able to lend about $1 trillion to its member countries.
India and IMF
- India is a founder member of the IMF.
- India has not taken any financial assistance from the IMF since 1993.
- Repayments of all the loans taken from International Monetary Fund have been completed on May 2000.
- Finance Minister is the ex-officio Governor on the Board of Governors of the IMF.
- RBI Governor is the Alternate Governor at the IMF.
- India’s current quota in the IMF is SDR (Special Drawing Rights) 5,821.5 million making it the 13th largest quota holding country at IMF and giving it shareholdings of 2.44%.
- India has invested SDR 750 million through nine note purchase agreements with the IMF.
| CARE MCQ | UPSC PYQ |
| Q3. Consider the following statements:
1. Recently International Monetary Fund has put a halt on the loan given to Pakistan on the request of India. 2. The World Bank, lends money to distressed economies, often seeking the lender’s assistance in the form of Special Drawing Rights (SDRs). Which of the above statement is/are incorrect? A. 1 only B. 2 only C. 1 and 2 D. Neither 1 nor 2
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Q. Recently, which one of the following currencies has been proposed to be added to the basket of IMF’s SDR? (UPSC Prelims 2016)
A. Rouble B. Rand C. Indian Rupee D. Renminbi Ans: D
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| Answer 3 C
Explanation · India has firmly advocated for the “rigorous monitoring” of emergency funds provided by the International Monetary Fund (IMF) to Pakistan, emphasizing that such funds should not be diverted towards defense expenditures or the repayment of loans from other nations. So, statement 1 is incorrect. · The IMF basically lends money, often in the form of special drawing rights (SDRs), to troubled economies that seek the lender’s assistance. So, statement 2 is incorrect. · Therefore, option C is correct answer.
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INS Jatayu and MH-60R Squadron
Source: The Hindu
UPSC Syllabus relevance: GS Paper – 3 (Defence Technology)
Context: Indian Navy Strengthens Presence: INS Jatayu and MH-60R Squadron Commissioned
Why in news
- The Indian Navy marked a significant milestone with the commissioning of INS Jatayu at Minicoy island, establishing its second base in Lakshadweep after INS Dweeprakshak in Kavaratti.
Key highlights
- In a parallel development, the Navy commissioned its first MH-60R multi-role helicopter squadron, INAS 334 ‘Seahawks’, at Kochi, heralding a major capability enhancement for its rotary fleet and anti-submarine warfare capabilities.
- INS Jatayu’s commissioning marks the commencement of a phased expansion plan aimed at bolstering India’s surveillance and security posture in strategically located islands, particularly in close proximity to the Nine Degree channel and critical sea lanes of communication.
- Commanded by Captain M. Abhisheik Ram, an experienced experimental test pilot, the first MH-60R squadron comprises 48 officers and 170 men.
- The significance of INS Jatayu, officials emphasized its strategic location near the Nine Degree channel, a vital maritime thoroughfare connecting the Arabian Sea, and highlighted its role in enhancing maritime domain awareness and monitoring maritime traffic flow.
Importance
- Strategic Surveillance : INS Baaz in the east Andamans and now INS Jatayu in the west at Minicoy will act as the Navy’s primary surveillance outposts, ensuring constant vigilance over maritime activities across vast expanses of the seas.
- Safeguarding National Interests : These installations serve as the eyes and ears of the nation, equipped to detect and respond to any threat or challenge, regardless of its nature or origin, thus safeguarding India’s national interests.
- Geo-political Significance : With heightened surveillance amidst prevailing geo-political developments, particularly in the Indian Ocean region, the strategic importance of Lakshadweep to India cannot be overstated.
- This recognition underscores the necessity for increased vigilance to counter emerging threats such as maritime terror, crime, and piracy.
About Minicoy island
- Minicoy is the southernmost island of Lakshadweep, 215 nautical miles south-west of Kochi.
- It lies near the 9 Degree Channel, a busy global shipping route, and is just about 80 nautical miles from the northernmost island of the Maldives.
About The Southern Naval Command (SNC)
- The Southern Naval Command (SNC) is a command-level formation of the Indian Navy. It is the training command of the Indian Navy.
- The SNC’s headquarters are located at INS Venduruthy, a naval base on Willingdon Island in Kochi, Kerala.
- The SNC’s parent organization is the Indian Navy, which has three major command-level formations:
- Western Naval Command, headquartered in Mumbai
- Eastern Naval Command, headquartered in Visakhapatnam
- Southern Naval Command, headquartered in Kochi
- Each command is led by a Vice-Admiral, who is also the “Flag Officer Commander-in-Chief”. As of January 10, 2024, Vice Admiral V Srinivas is the 30th Flag Officer Commanding-in-Chief (FOCINC) of the SNC.
| CARE MCQ | UPSC PYQ |
| Q4. Consider the following statements:
1. Indian Navy recently established the second naval base in Lakshadweep named INS Jatayu. 2. The Southern Naval Command (SNC) is a command-level formation of the Indian Navy Headquartered in Chennai. Which of the above statements is/are correct? A. 1 only B. 2 only C. 1 and 2 D. Neither 1 nor 2
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Q. Which of the following statements is/are correct with reference to INS Sahyadri? ( 2019)
1. It is a Kaveri-class stealth multi-role frigate built for the Indian Navy. 2. It is capable of detecting and neutralising air, surface and sub-surface threats. A. Only 1 B. Only 2 C. Both 1 and 2 D. Neither 1 nor 2 Answer: B
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Answer 4: A Explanation: · The commissioning of INS Jatayu at Minicoy island marked the establishment of the second naval base in Lakshadweep after INS Dweeprakshak in Kavaratti. This highlights the Indian Navy’s efforts to enhance its presence and surveillance capabilities in strategically important maritime regions. So, statement 1 is correct. · The commissioning of INAS 334 ‘Seahawks’ at Kochi by the Indian Navy heralded a major capability enhancement for its rotary fleet and anti-submarine warfare capabilities. The Southern Naval Command (SNC) is a command-level formation of the Indian Navy. It is the training command of the Indian Navy. · The SNC’s headquarters are located at INS Venduruthy, a naval base on Willingdon Island in Kochi, Kerala. So, statement 2 is incorrect. · Therefore option A is correct answer.
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Sangeet Natak Akademi Awards
Source: The Hindu
UPSC Syllabus relevance: GS 1 (Art and Culture, Awards and Honours )
Context: President Droupadi Murmu Presents Sangeet Natak Akademi Awards for 2022 and 2023.
Why in news
- President Droupadi Murmu recently presented the Sangeet Natak Akademi Awards for 2022 and 2023 to distinguished artists in the field of performing arts.
Key Highlights
- The ceremony also saw the bestowal of the Sangeet Natak Akademi Fellowship, or Akademi Ratna, to seven eminent artists, which is the highest honor given for exceptional contributions to a performing art form.
- In the 2023 awards, twelve artists from the field of music, 12 from dance, 11 from folk and tribal arts, and nine from the field of theatre were honored.
- Among the notable awardees were Carnatic vocalist Bombay Jayashri Ramnath, Neyveli Narayanan for Carnatic instrumental (mridangam), Urmila Sathyanarayanan for Bharatanatyam, and Pallavi Krishnan for Mohiniyattam.
About Sangeet Natak Akademi Awards
- The Sangeet Natak Akademi Awards, first given in 1952, are a national honor bestowed on performing artists, teachers, and scholars in the field of performing arts.
- Recipients are selected by the Akademi’s General Council, consisting of distinguished musicians, dancers, theatre artists, and scholars in these disciplines, as well as nominees of the Government of India, state governments, and Union Territories.
About Sangeet Natak Akademi
- The Sangeet Natak Akademi is India’s national academy of music, dance, and drama, established in 1953 for the preservation and promotion of India’s diverse cultural heritage expressed in forms of music, dance, and drama.
- Presently, it is an Autonomous Body of the Ministry of Culture, fully funded by the Government for the implementation of its schemes and programs.
Sangeet Natak Akademi Fellowship (Akademi Ratna)
- The Akademi Fellowship is a prestigious and rare honor conferred regardless of nationality, race, caste, religion, creed, or sex, to an eminent performing artist for exceptional contributions to their performing art form.
- The award carries a prize money of ₹3 lakh, besides a Tamrapatra and Angavastram.
Eligibility For Akademi Ratna & Awards
- The maximum number of Awards is 41, and Fellows is 40, with an age criteria of no person below 50 and at least 35 years of age.
- A deceased person cannot be considered for Akademi Ratna or Puraskar.
- These awards and fellowships serve as a testament to the continued dedication and excellence of the recipients in the field of performing arts, contributing to the vibrant cultural tapestry of India.
| CARE MCQ | UPSC PYQ |
| Q5. Consider the following statements:
1. The Sangeet Natak Akademi Awards was given for first time in 1952. 2. The Sangeet Natak Akademi is India’s national academy of music, dance, and drama, established in 1953. Which of the above statement is/are correct? A. 1 only B. 2 only C. 1 and 2 D. Neither 1 nor 2 |
Q. With reference to Sahitya Akademi Awards, consider the following statements: ( 2019)
1.It is the second highest literary honour by the Government of India, after Jnanpith award. 2.The popularity and commercial success of the book is one of the criteria recognized for the award. 3.To be eligible for the award, the author must be an Indian national or a person of Indian origin. How many of the statements given above are correct? A. Only one B. Only two C. All three D. None Answer: B
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| Answer 5– C
Explanation · The Sangeet Natak Akademi Awards, first given in 1952, are a national honor bestowed on performing artists, teachers, and scholars in the field of performing arts. So, statement 1 is correct. · The Sangeet Natak Akademi is India’s national academy of music, dance, and drama, established in 1953 for the preservation and promotion of India’s diverse cultural heritage expressed in forms of music, dance, and drama. So, statement 2 is correct. · Therefore option C is correct answer.
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IAA Golden Compass Awards
Source: The Hindu
Context: : RK Swamy’s Srinivasan Swamy bags IAA Golden Compass Award
UPSC Syllabus Relevance Awards and Honours
Why in news
- Srinivasan K. Swamy, has been presented with IAA Goden Compass Award at the 45th IAA World Congress held in Penang, Malaysia.
Key highlights
- Penang Governor Tun Ahmad Fuzi Abdul Razak presented the award to Mr. Swamy.
- The award honours those who have significantly contributed to the world stage in the field of marketing, advertising and media.
- This is the first time this award is being bestowed upon an Indian industry leader.
About 45th IAA World Congress
- The 45th International Advertising Association (IAA) World Congress was held in Penang, Malaysia .
- The congress highlights sustainability, diversity, equity, inclusion, and ESG.
- Penang is known for its rich heritage, arts, and culture.
- It’s also home to George Town, a UNESCO World Heritage Site. The congress will provide participants with an opportunity to immerse themselves and gain knowledge, inspiration, and energy.
- The IAA World Congress has been a legacy since 1938 and takes place every 2-3 years in major cities around the world.
About Malaysia
- Malaysia is a country in Southeast Asia, separated by the South China Sea into two regions.
- East Malaysia shares borders with Brunei, Indonesia, the Philippines, and Vietnam.
- Government: Malaysia is a federal constitutional monarchy, with the Yang di-Pertuan Agong (“paramount ruler”) as the nominal head of state.
- The king is elected for five-year terms from among the nine sultans of the peninsular Malaysian states.
- The king is also the leader of the Islamic faith in Malaysia.
- Capital: Kuala Lumpur
- Official language: Malay
- Currency: Ringgit
- Area: 127,355 square miles
- Major mountain ranges: Main, Crocker, Bintang, Hose, Iran
- Highest peak: Mount Kinabalu, at 13,435 feet
| CARE MCQ | UPSC PYQ |
| Q6. Why was Srinivasan K. Swamy in the news recently?
A. He was appointed as the Governor of Penang, Malaysia B. He received the IAA Golden Compass Award at the 45th IAA World Congress C. He was program head of Chandrayan 3. D. He won a Nobel Prize in the field of medicine.
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Q. For outstanding contribution to which one of the following fields is Shanti Swarup Bhatnagar Prize given? (2009)
A. Literature B. Performing Arts C. Science D. Social Service Ans: C
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| Ans 6 B
Explanation
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