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27th December 2022 (8 Topics)

27th December 2022

Mains Question:

Question: How Government Securities (G-Sec) help Indian Government in financial debt management? Also discuss why the G-Sec is volatile in nature and its implication on the Indian Economy?

Question Mapping

  • Subject: Indian Economy (GS-III)
    • Sub-topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment.

Approach:

  • Introducewith what are Government security instruments and how they are traded.
  • Here in short explain the characteristics and functioning of G-Secand their obligations on Indian Government.
  • Now discuss the volatility of G-sec in the secondary marketand how it impacts the Indian Economy.
  • Concludewith how effectively G-Sec can be used and help Government of India in management of Debt.

Editorials

Context:

  • India cannot afford to fall behind in its sea control and maritime deterrence capability when China is planning a large carrier force.

Classification of carriers:

  • In terms of Size and Role: light, medium, and large/super-carriers; Role: fleet, escort, air defense, amphibious assault, and anti-submarine warfare (helicopter) carriers.
  • Methodology used to launch and recover Aircraft: Catapult Assisted Take-Off but Arrested Recovery (CATOBAR), Short Take-off but Arrested Recovery (STOBAR), and vertical/short take-off and landing (V/STOL) carriers.
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