DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 10th February 2024
Archives (PRELIMS & MAINS Focus) Dr.M S Swaminathan conferred Bharat Ratna Syllabus Prelims – current events of national importance Context: Conferring of Bharat Ratna, the highest civilian honour of the country on late agricultural scientist, Dr M S Swaminathan. Background:- This year’s tally of five Bharat Ratna awards is the highest that has ever been announced in a single year, one more than the four announced in 1999. The winners of the award are L.K Advani, Karpoori Thakur, M S Swaminathan, Narasimha Rao, Chaudhary Charan Singh. About M.S.Swaminathan:- Born on August 7, 1925 in Kumbakonam, Tamil Nadu, Dr Mankombu Sambasivan Swaminathan is hailed as the father of India’s green revolution. Witnessing the Bengal famine of 1942-43 deeply impacted Dr Swaminathan. He served as an Independent Chairman of the Food and Agricultural Organisation Council (1981-85) He was the President of the International Union for the Conservation of Nature and Natural Resources (1984-90) He was also the President of the World Wide Fund for Nature (India) from 1989-96 He served as the Director General of Indian Council of Agricultural Research (ICAR), among others. Contribution to green revolution: The Basic strategic vision underpinning the Green Revolution in India — introducing a new genetic strain or ‘plant type’ responsive to increased fertiliser and water application — came from Swaminathan. The problem with the traditional wheat and rice varieties was that they were tall and slender. These ‘lodged’ – fell flat on the ground — when they grew and their earheads were heavy with well-filled grains produced in response to high fertiliser doses Swaminathan approached Norman Borlaug, who had incorporated dwarfing genes into wheat varieties in Mexico. India started working seriously on dwarf wheat breeding programme in 1963. His efforts transformed India from a food deficient nation to one with increased wheat production – from 6 million tonnes a year in 1947 to 17 million tonnes a year between 1964 and 1968. MUST READ: https://indianexpress.com/article/explained/bharat-ratna-ms-swaminathan-significance-profile-9152692/ SOURCE: Indian Express Sovereign gold bond scheme Syllabus Prelims-Economy Context: Sovereign gold bone scheme, 2023-24 will open for subscription from 12 to 16 February 2024 Background: Floated by the Indian Government in 2015, Sovereign Gold Bonds or SGBs emerged as an innovative investment strategy involving gold for interested investors. About SGBs: SGBs are provided as a substitute for physical gold to investors. The main objective of the scheme is to reduce the demand for physical gold and shift a part of the money spent for gold, which usually amounts to huge import bill into financial savings through Gold Bonds. SGBs are issued by RBI on behalf of the Government of India on payment of the required amount in rupees and are denominated in grams of gold. The Bonds are restricted for sale to resident Indian entities including individuals, HUFs, trusts, Universities, charitable institutions. Investors ineligible to participate in the SGB scheme include – Non-Resident Indians:Direct investment in SGB is not permitted for them, Foreign institutional investors (FII): investing in SGB is restricted for FIIs, minors: investment in SGB is only permissible through their guardians. The bonds are available in both in Demat and paper form. The rate for the Bonds is fixed on the basis of simple average of closing price for gold of 999 purity of the previous week published by the India Bullion and Jewellers Association (IBJA). The tenor of the Bond is for a period of 8 years with exit option from 5th year onwards to be exercised on the interest payment dates. Participants in the SGB scheme are entitled to a stable interest rate of 2.50 per cent per annum, disbursed semi-annually based on the nominal value of their investment. On maturity, the investor will get the equivalent rupee value of the quantum of gold invested at the then prevailing price of gold as calculated using the simple average of the closing price of 999 purity gold over the three preceding working days. SOURCE: Livemint Previous Year Questions Q.1) What is/are the purpose/purposes of the Government’s ‘Sovereign Gold Bond Scheme’ and ‘Gold Monetization Scheme’? (2016) To bring the idle gold lying with Indian households into the economy To promote FDI in the gold and jewellery sector To reduce India’s dependence on gold imports Select the correct answer using the code given below. 1 only 2 and 3 only 1 and 3 only 1, 2 and 3 KYASANUR FOREST DISEASE (KFD) Syllabus Prelims – General Science Context: Since January 1 this year, two people have died due to Kyasanur Forest Disease (KFD), a viral infection, in Karnataka. Background: According to the health department, the first fatality due to monkey fever was reported in Shivamogga district on 8 January wherein an 18-year-old succumbed to the virus. The second fatality was reported at Manipal in Udupi district when a 79-year-old man died in a private hospital. About Kyasanur Forest Disease (KFD) Kyasanur Forest Disease (KFD), also known as monkey fever, is a tick-borne viral haemorrhagic fever endemic to the southwestern part of India. KFD is caused by the Kyasanur Forest disease virus (KFDV), a member of the Flaviviridae virus family. Reservoir: Hard ticks (Haemaphysalis spinigera) serve as the reservoir for KFDV. Once infected, ticks remain carriers for life. Hosts: Rodents, shrews, and monkeys become common hosts for KFDV after being bitten by an infected tick. Human Transmission: Humans can contract KFD through tick bites or contact with infected animals. Historically, KFD has been limited to the western and central districts of Karnataka State, India. According to the US Centers for Disease Control and Prevention (CDC), the disease was first identified in 1957 when it was isolated from a sick monkey from the Kyasanur Forest in Karnataka (formerly Mysore). There is no specific treatment for KFD, but early hospitalization and supportive therapy is important. A vaccine exists for KFD and is used in endemic areas of India MUST READ: https://www.cdc.gov/vhf/kyasanur/pdf/factsheet.pdf SOURCE: Center for Disease Control and Prevention High-altitude pseudo satellite vehicle (HAPS) Syllabus Prelim – Science Context: THE NATIONAL Aerospace Laboratories (NAL) in Bengaluru has successfully completed the
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