DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam –12th July 2023
Archives (PRELIMS & MAINS Focus) Small Satellite Launch Vehicle (SSLV) Syllabus Prelims –Science and Technology Context: Recently, IN SPACe, the commercial arm of the Indian Space Research Organisation, ISRO has called for an Expression of Interest from Indian private Industries to manufacture a Small Satellite Launch Vehicle (SSLV). Background:- The Chairman of INSPACe, Dr. Pawan Goenka has outlined the objective of involving private players in the manufacturing of Small launchers by saying that this will pave the way for India to become a global hub for small satellite launches. About Small Satellite Launch Vehicle (SSLV):- IMAGE SOURCE: Bharat Rakshak SSLV is an indigenously developed mini rocket launcher. (UPSC CSE: ISRO to undertake maiden flight of SSLV) It is the smallest vehicle at ISRO with a 110-ton mass. It is specially designed to carry smaller commercial satellites into the low-earth orbit (LEO) from 200-2,000 km above the Earth’s surface. Low-earth orbit (LEO): an orbit that is relatively close to Earth’s surface. It is normally at an altitude of less than 1000 km but could be as low as 160 km above Earth. It is a three-stage Launch Vehicle configured with three Solid Propulsion Stages and a liquid propulsion-based Velocity Trimming Module (VTM) as a terminal stage. Payload capacity: up to 500 kg. It has the capacity to deliver:- 600 kg to Low Earth Orbit (500 km) or 300 kg to Sun-synchronous Orbit (500 km) Advantages of SSLV:- It is a low-cost launch vehicle. It has a Low turn-around time. It is flexible in accommodating multiple satellites. It has minimal launch infrastructure requirements, etc. It is intended to cater to a market for the launch of small satellites into low earth orbits with a quick turn-around time. It will take only 72 hours to integrate, unlike the 70 days taken now for a launch vehicle. Only six people will be required to do the job, instead of 60 people. It will shift the burden of commercial launches from PSLV. PSLV: is the third generation launch vehicle of India and the first Indian launch vehicle to be equipped with liquid stages. The SSLV is likely to cost a fourth of the current PSLV. (UPSC CSE: PSLV-C54 launch) IN-SPACe : Establishment: 2020. HQ: Ahmedabad, Gujrat. Objective: promotion, encouragement and regulation of space activities of both government and private entities. It is an autonomous agency in the Department of Space. (UPSC CSE: IN-SPACe) It also facilitates the usage of ISRO facilities by private entities. Composition: It comprises technical experts for space activities along with safety experts, academic experts and legal and strategic experts from other departments. It also comprises members from the Prime Minister’s Office (PMO) and the Ministry of External Affairs (MEA) of the Government of India. Functions of IN-SPACe:- To develop a space start-up ecosystem in India. To boost the participation of students in the Indian space sector and develop future space force frontiers. To create international opportunities for Indian space companies. To make India the spaceport and ground station hub for selected countries/regions. To develop space tourism and to spread awareness to the public about space technology and its benefits and role in the everyday life of individuals To develop IN-SPACe talent and knowledgebase. MUST READ: Next Generation Launch Vehicle (NGLV) SOURCE: AIR PREVIOUS YEAR QUESTIONS Q.1) Which one of the following countries has its own Satellite Navigation System? (2023) Australia Canada Israel Japan Q.2) Consider the following statements: (2023) Ballistic missiles are jet-propelled at subsonic speeds throughout their flights, while cruise missiles are rocket-powered only in the initial phase of flight. Agni-V is a medium-range supersonic cruise missile, while BrahMos is a solid-fuelled intercontinental ballistic missile. Which of the statements given above is/are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Non-Fungible Tokens (NFTs) Syllabus Prelims –Economy Context: Home Minister Amit Shah will address two days G20 Conference on Crime and Security in the Age of Non-Fungible Tokens (NFTs) and Artificial Intelligence (AI). Background:- Two days G20 Conference on Crime and Security in the Age of NFTs, AI, and Metaverse will be organized in Gurugram, Haryana on the 13th and 14th of July. (UPSC CSE: India and G20 Presidency) The conference will bring together over 900 participants from G20 countries, 9 special invitee countries, international bodies, technology leaders, and domain experts from the country and across the world. About Non-Fungible Tokens (NFTs):- IMAGE SOURCE: datasciencecentral.com NFTs are assets in the digital world that can be bought and sold like any other piece of property, but which have no tangible form of their own. (UPSC CSE: Non Fungible Tokens (NFTs)) Anything that can be converted into a digital form can be a Non-Fungible Token (NFT). It includes drawings, photos, videos, GIFs, music, in-game items, selfies etc. Even a tweet can be turned into an NFT, which can then be traded online using cryptocurrency. NFT transactions are recorded on blockchains. Historical Background of NFTs: 2015: Terra Nulius was the first NFT on Ethereum Blockchain. 2017: Then came Curio Cards, CryptoPunks and CryptoCats . 2021: NFTS slowly moved into public awareness, expanding into mainstream adoption in early 2021. Characteristic Features of NFTs:- Blockchain backed: NFTs are different from other digital forms in that they are backed by Blockchain technology. (UPSC CSE: Blockchain Technology and Voting) Exclusive ownership: NFTs can have only one owner at a time. Digital Storage: NFT owners can also digitally sign their artwork and store specific information in their NFTs metadata. Confidentiality: This will be only viewable to the individual who bought the NFT. Conditions to buy NFTs:- Anyone who holds a cryptocurrency wallet can buy an NFT. (UPSC CSE: Cryptocurrency) That is the only prerequisite to purchasing an NFT. One does not need any KYC documents to purchase an art. Risks associated with NFTs:- Risk of Fraud: In the recent past, several incidents of NFT Frauds have been reported. This includes the emergence of fake marketplaces, unverified sellers often impersonating real artists and selling copies of their artworks for half price. Environmental Risks: In
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