GS SCORE

2nd August 2022 (8 Topics)

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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

Using a rupee route to get around a dominating dollar

Economy

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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