27 October 2022

DAILY CURRENT AFFAIRS ANALYSIS

1 – NavIC: GS III – Science and Technology:

Context:

• In order to increase the number of individuals who install and utilise the NavIC, India’s version of the Global Positioning System (GPS), the Indian Space Research Organisation (ISRO) is working on a number of enhancements. During a break in the India Space Congress on Wednesday, ISRO Chairman S. Somanath discussed the organization’s plans to broaden its influence beyond India and a small region around it.
• An independent regional navigation satellite system called Navigation with Indian Constellation (NavIC) was created in order to give position data inside the Indian region and within 1500 kilometres of the Indian continent. It will have seven satellites and operate as a regional system.

How important NavIC is:

• Two services are offered with real-time data: the regular location service, which is open to all users, and the restricted service, which is only accessible to authorised users, such as military personnel. At the moment, we use the American GPS system to navigate.
• India joined the group of five nations that each have their own global positioning system, including the United States with GPS, Russia with GLONASS, Europe with Galileo, and China with BeiDu. As a result, India’s reliance on foreign nations for navigational needs decreases.
• India’s growth in science and technology will benefit from it.
• It will enable the Indian Armed Forces to achieve independence. While more developed nations like the US and Russia are working to build their own entire or partial constellations, less developed nations like China, the EU, and Japan use GPS and GLONASS.

IRNSS application:

• Disaster management: It will assist with crisis management and rescue efforts as well as provide early warnings of cyclones, tsunamis, heavy storms, etc. to rural populations, especially those who live close to the coast. With knowledge of safe zones and disaster preparedness, the effects of disasters could be reduced. Furthermore, it will enable disaster relief management to prepare in advance and save lives of people in India and up to 1500 kilometres around it.
• Security: By more closely observing any terrorist operations in border regions and keeping an eye on crucial infrastructure, it would help to improve India’s security.
• Defense: The initiative will be a force multiplier for the Indian Defense Unit in terms of military application. Defense capabilities will be improved in both war and peacetime due to the wide range of jobs it performs, including target fixing, missile and weapon delivery, preventing civilian fatalities, unit location and direction, vision clarity in bad weather, etc.
• Accurate measuring and comprehension of the area will be facilitated by the use of mapping and data collecting.
• Travel: Both short- and long-distance travelers have access to a more precise satellite navigation system.

Source The Hindu

2 – IMF: GS II – International Relations:

Context:

• Even though this level hasn’t often been reached, according to Kristalina Georgieva, head of the International Monetary Fund, central banks should keep hiking interest rates to combat inflation until they reach a “neutral” level.
• With 190 member countries, the International Monetary Fund (IMF) is a membership-based organisation. On the executive board of the IMF, there are representatives from the major economic powers.

What are the IMF’s objectives?

• Incentivize cooperation in global finance.
• good financial standing
• promote international trade.
• Encourage a dependable economic recovery and high employment.
• additionally a decrease in world poverty
• What Procedures Are Used at the IMF?
• Its three most crucial duties are:
• promoting more trade and economic growth, strengthening international monetary cooperation,
• avoiding actions that can hinder economic expansion.
• To carry out these missions, IMF member countries work together with other international organisations and one another.

What is the history of the IMF?

• The UN conference held at Bretton Woods, New Hampshire, in July 1944 is where the International Monetary Fund, commonly known as the Fund, was first proposed.
• The 44 nations present aimed to build a framework for economic cooperation in order to avoid a repetition of the competitive devaluations that had deepened the Great Depression of the 1930s.
• To be eligible for membership in the International Bank for Reconstruction and Development, countries had to be IMF members (IBRD).

Source The Hindu

3 – GEAC: GS III – Biotechnology:

Context:

• The Genetic Engineering Appraisal Committee (GEAC), an entity that answers to the Union Environment Ministry, has once more given its approval to the application for the commercial cultivation of genetically modified (GM) mustard. Before being authorised, the design will be looked through again by the Environment Ministry. The Ministry rejected the request after the GEAC approved it in 2017 and instructed the GEAC to instead carry out more research on the GM crop.

This committee is examining genetic engineering:

• The activity of the Genetic Engineering Appraisal Committee (GEAC) is supervised by the Ministry of Environment, Forests, and Climate Change (MoEF&CC).
• It is in charge of assessing the effects on the environment of industrial operations and scientific studies that commonly involve potentially dangerous microbes and recombinants.
• The committee must also make decisions regarding field tests, the release of GE products into the environment, and other pertinent matters.
• The Special Secretary/Additional Secretary of MoEF&CC and a delegate from the Department of Biotechnology jointly chair the GEAC (DBT).

Source The Hindu

 4 – Mangarh Dham: GS I – Art and Culture:

Context:

• Gehlot was given instructions to complete the state government’s ongoing construction projects at Mangarh Dham as quickly as possible. He also instructed everyone to complete all necessary preparations for the anticipated November 1 visit of Prime Minister Narendra Modi to Banswara. Gehlot asserted that he had twice contacted the prime minister to ask for the designation of Banswara’s Mangarh Dham as a national historic site.

What occurred in the past at Mangarh Hillock?

• Around 1500 Bhil tribal freedom fighters were slaughtered on the hills, which are close to the border between Gujarat and Rajasthan, during a tribal uprising in 1913.
• A memorial will be built at the site of the Adivasi Jallianwala Bagh massacre.
• On November 17, 1913, as they were holding a protest assembly there under the guidance of a local leader named Govind Guru, British forces opened fire on them, resulting in the deaths of over 1,500 tribal people.

About the Bhil Tribe:

• Bhils are usually referred to as Rajasthan’s bowmen. These are the tribal groups that are most dispersed throughout India.
• They are South Asia’s largest tribe.
• Rajput Bhils and Central Bhils, usually referred to as pure Bhils, are the two main subgroups that can be distinguished.

Source The Hindu