DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 30th December 2023
Archives (PRELIMS & MAINS Focus) National Legal Services Authority (NALSA) Syllabus Prelims –POLITY Context: Recently, President Droupadi Murmu has nominated Justice Sanjiv Khanna, the senior-most judge of the Supreme Court, as the Executive Chairperson of the National Legal Services Authority (NALSA). Background:- Justice Khanna would replace Justice SK Kaul who retired on December 25, 2023. About National Legal Services Authority (NALSA):- The National Legal Services Authority (NALSA) has been constituted under the Legal Services Authorities Act, 1987. Objective: to provide free Legal Services to the weaker sections of the society and to organize Lok Adalats for amicable settlement of disputes. HQ: New Delhi. Hon’ble Dr Justice D. Y. Chandrachud, the Chief Justice of India is the Patron-in-Chief. The second senior-most judge of the Supreme Court of India is the Executive Chairman. NALSA is housed at the Supreme Court of India. In every State, the State Legal Services Authority has been constituted to give effect to the policies and directions of the NALSA and to give free legal services to the people and conduct Lok Adalats in the State. The State Legal Services Authority is headed by Hon’ble the Chief Justice of the respective High Court who is the Patron-in-Chief of the State Legal Services Authority. A Seniormost Judge of the High Court is nominated as Executive Chairman, SLSA. NALSA, through the State Legal Services Authorities, also conducts legal literacy programmes. Free legal services include:- Payment of court fees, process fees, and all other charges payable or incurred in connection with any legal proceedings; Providing the service of lawyers in legal proceedings; Obtaining and supply of certified copies of orders and other documents in legal proceedings. Preparation of appeal, paper book, including printing and translation of documents in legal proceedings. Persons eligible for free legal services include:- Women and children Members of SC/ST Industrial workmen Victims of mass disasters, violence, flood, drought, earthquake, and industrial disasters. Disabled persons. Persons in custody Persons whose annual income does not exceed Rs. 1 lakh (in the Supreme Court Legal Services Committee the limit is Rs. 5,00,000). Victims of trafficking in human beings or beggars. MUST READ: District Legal Services Authority SOURCE: THE TRIBUNE PREVIOUS YEAR QUESTIONS Q.1) With reference to India, consider the following statements: (2021) Judicial custody means an accused is in the custody of the concerned magistrate and such an accused is locked up in a police station, not in jail. During judicial custody, the police officer in charge of the case is not allowed to interrogate the suspect without the approval of the court. Which of the statements given above is/are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Q.2) With reference to the National Legal Services Authority, consider the following statements: (2013) Its objective is to provide free and competent legal services to the weaker sections of the society on the basis of equal opportunity. It issues guidelines for the State Legal Services Authorities to implement the legal programmes and schemes throughout the country. Which of the statements given above is/are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Card-on-File Tokenization Syllabus Prelims –ECONOMY Context: Recently, the Reserve Bank of India (RBI) has enabled card-on-file tokenisation (CoFT) through card-issuing banks and institutions. Background:- It is to make digital payments more secure, safe and sound. About Card-on-File Tokenization:- The central bank introduced Card-on-File Tokenization (CoFT) in September 2021 and began implementation on October 1, 2022. Objective: to enhance convenience for cardholders in getting tokens created and linking them to their existing accounts with e-commerce applications. Tokenization is the replacement of actual credit and debit card details with an alternate code called the “token”, which will be unique for a combination of card, token requestor, and device. A CoF transaction occurs when a cardholder authorizes a retailer to store the cardholder’s Mastercard or Visa payment information. The cardholder then authorizes the business to charge the stored Mastercard or Visa account. Card information is typically stored in the systems of e-commerce companies, airlines, and supermarket chains. Significance: The move will facilitate the creation and linking of tokens to cardholders’ existing accounts with e-commerce applications. Benefits of tokenization:- Enhanced safety and security: It eliminates the risk of storing card details online and ensures the uncompromised convenience of storing customer’s token details on the merchant site. Quicker checkouts: Tokenized Mastercard will allow the convenience of quick checkouts as one doesn’t need to punch in the card number for each purchase. No more ‘False Declines’: Many times, legitimate online payments using valid cards are declined on the grounds of the transaction looking like a fraud. With tokenization, this becomes a thing of the past as the usage of tokens for payments confirms the security of the highest order. Easy card management: With tokenization, one can also keep track of all their cards and the merchants they have been tokenized with. No need for a physical card Added benefits: Tokenization also comes with cashback benefits when secured with platforms like Amazon, Paytm, Swiggy, etc MUST READ: Open Network for Digital Commerce (ONDC) SOURCE: BUSINESS STANDARD PREVIOUS YEAR QUESTIONS Q.1) With reference to the Indian economy, consider the following statements: If the inflation is too high, the Reserve Bank of India (RBI) is likely to buy government securities. If the rupee is rapidly depreciating, RBI is likely to sell dollars in the market. If interest rates in the USA or European Union were to fall, that is likely to induce RBI to buy dollars. Which of the statements given above are correct? (2022) 1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3 Q.2) With reference to Non-Fungible Tokens (NFTs), consider the following statements: They enable the digital representation of physical assets. They are unique cryptographic tokens that exist on a blockchain. They can be traded or exchanged at equivalency and therefore can be used as a medium transactions of commercial Which of the statements given above are correct? (2022) 1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3 Wang’s Garden Lizard Syllabus Prelims
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