GS SCORE

1st June 2022 (6 Topics)

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1st June 2022

Mains Question:

Q1. Examine the major achievements in environmental protection of Stockholm Conference. How have they shaped international and national policies to protect the global environment? (150 words)

Approach

Introduction- brief about Stockholm Convention and its background
discuss its major principles (out of 26)
list down some major achievements in environmental protection
impact on national and international policies to protect environment
required measures
Conclude accordingly

Editorials

Reading the GDP data

Economy Economic Measurements

Ministry o0f Statistics and Program Implementation has released an estimated data on GDP, which shows a growth rate of 8.7% in 2021-22. But the growth trajectory is neither uniform nor broad based, igniting the inequality in growth process and in the economy.

What is GDP and its components?

Gross Domestic Product: The monetary value of all the goods and services produced within the political boundary of a country is known as Gross Domestic Product (GDP).
Components of GDP: GDP consists of four major components; private consumption (C), expenditure by private investors(I), expenditure by the government (G) and net exports of the country (X-M; difference between total exports and total imports)
Formula to calculate GDP:

GDP= C + I + G + (X-M)

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GS Analyst: Daily Current Affairs

1st June 2022 (6 Topics)

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GS Analyst: Daily Current Affairs

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