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8th April 2022 (7 Topics)

8th April 2022

QUIZ - 8th April 2022

5 Questions

5 Minutes

Mains Question:

Q1. Hydropower projects are back in focus in India, with the government passing dam safety act. In this regard, discuss the significance of the Act for the old and ageing dams of India. (150 words)

Approach

  • Introduction- dams in India
  • Condition of dams in India (old, ageing, climate, finance)
  • Give some examples of dying dams
  • Important features of dam safety act, 2021
  • Significance of the act
  • Required measures
  • Conclusion

Editorials

The consequences of the Ukraine crisis for BRICS and the world cannot be overestimated. It demonstrates that the West has not abandoned the idea of a unipolar world and will continue building it up by drawing into its foreign policy orbit issues it calls “international” or even “common to mankind.” Many non-Western states look at this as a new wave of colonialism, which having abandoned the old slogans (“superior culture”) for new ones (“democracy”), uses the old methods and pursues the same aims. 

Role of BRICS

  • Change the world economic system-BRICS is actively involved in the efforts to change the world economic system by increasing the number of non-Western states in international financial institutes despite frantic opposition by the traditional distributors of world money.
  • New Development Bank and Currency pool- The BRICS countries decided to create the $100 billion BRICS Development Bank and a reserve currency pool worth over another $100 billion to offer an alternative to countries in the non-Western world when it comes to choosing the sources of funding for development or coping with serious economic crises.
  • Alternative to West- The current crisis in Ukraine will consolidate BRICS as the group will make further efforts to become a real alternative to the West to create a real multipolar world.
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