GS SCORE

7th January 2023 (6 Topics)

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7th January 2023

Mains Question:

Question: What are Sovereign Green Bonds? How will these bonds help in reducing the carbon intensity and help in achieving the goal of Green Economy? (150 Words)

Approach:

Question Mapping:

Subject: Indian Economy (GS-III)
- Sub-topic: Government Policies and Interventions and Capital Market

Introduction with the recent Sovereign Green Bonds (SGrBs) issued in India.
In short, explain the significance of SGrBs and what they will be used for.
Now explain how these bonds will help in reducing carbon intensity in India and make the Indian Economy more Greener.
Conclude with how SGrBs will help in economic development along with environmental conservation with the achievement of SDG 13.

Editorials

The crisis in international law

International Relations

Context:

The challenges for core universal values enshrined in international law are Securitisation, populism, and protectionism.

The Geo-economic challenge:

The post-world war-II scenario: It was a bipolar one with great power competition between a ‘capitalist’ America and a ‘communist’ Soviet Union led to the disintegration of the Soviet Union and the collapse of communism.
The ‘relative harmony’ phase:later the phase saw the spread of democracy, greater acceptance of universal human rights, and a global consensus for maintaining international rule of law with multilateral institutions and independent international courts acting as referees.
Evolving a multipolar world: Today international law faces a new ground reality i.e. the dwindling of the ‘liberal’ and ‘capitalist’ west and the rise of an ‘autocratic’ China and ‘expansionist’ Russia.

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GS Analyst: Daily Current Affairs

7th January 2023 (6 Topics)

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GS Analyst: Daily Current Affairs

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