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2nd August 2022 (8 Topics)

2nd August 2022

QUIZ - 2nd August 2022

5 Questions

5 Minutes

Mains Question:

Q1. “Students at all age require a safe learning environment for their better education and development”. In this context suggest reforms in education sector to help students attain their full potential. (150 words)

Approach

  • Introduction- child protection in schools in India
  • Challenges faced by students
  • Impact
  • Suggest required measures
  • Conclude accordingly


Q2. Do you think formation of new districts can lead to ‘decentralisation of governance’. (150 words)

Approach

  • Introduction- Brief about district formation (third tier of India’s governance structure)
  • Discuss how size of a district is not a big factor in governance
  • Impacts on governing structure
    • decentralisation at the district level
    • ease of administration and decentralization
    • better governance, peace, security and transparency
    • benefit from district-specific central government initiatives
  • Conclude accordingly

Editorials

Context

A number of countries, including India, are now considering the use of other currencies to avoid the U.S. dollar and its hegemonic role in settling international transactions. 

The present scenario

  • Using rupee as settlement of payments- India has been taking an active interest in having the rupee used for trade and the settlement of payments with other countries, which include Russia, now facing sanctions.
  • Mode of settlement with Russia- Settling payments with Russia by India, especially for mineral fuels and oil imports as well as for the S-400 Triumf air defence system has been continuing on a semi-informal basis through rupee payments by using the Vostro accounts maintained by Russian banks in India.
  • Advantage of RBI’s circular- The current RBI’S circular aims to operationalise the special Vostro accounts with Russian banks in India, in a bid to promote trade and also gain a better status for the rupee as an international currency.
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