DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 9th September 2023
Archives (PRELIMS & MAINS Focus) Fujianvenator prodigiosus Syllabus Prelims –ENVIRONMENT AND ECOLOGY Context: The evidence of a Bizarre’ bird-like dinosaur Fujianvenator prodigiosus has enthralled scientists recently. Background:- Scientists reported to have unearthed the fossil of a Jurassic Period dinosaur they named Fujianvenator from the Fujian Province. (Dinosaur footprints in China) It is a creature that sheds light on a critical evolutionary stage in the origin of birds. About Fujianvenator prodigious:- Distribution: southeastern China. (Abnormal’ dinosaur egg in India) Fujianvenator is a member of a grouping called avialans. This group includes all birds and their closest non-avian dinosaur Survival: Despite their modest beginnings, birds survived the asteroid strike 66 million years ago that doomed their non-avian dinosaur comrades. Diet and lifestyle: The Fujianvenator fossil, discovered lacks the animal’s skull and parts of its feet, making it hard to interpret its diet and lifestyle. Physical Description: – It was a pheasant-sized and bird-like dinosaur. It had elongated legs and arms built much like wings. It had a puzzling anatomy suggesting it either was a fast runner or lived a lifestyle like a modern wading bird. Its lower leg bone – the tibia – was twice as long as its thigh bone – the femur. It also had a long bony tail. The forelimb is generally built like a bird’s wing, but with three claws on the fingers, which are absent from modern birds. It cannot be determined whether it could fly or not MUST READ: Dinosaur eggs SOURCE: THE HINDU PREVIOUS YEAR QUESTIONS Q.1Consider the following fauna: (2023) Lion-tailed Macaque Malabar Civet Sambar Deer How many of the above are generally nocturnal or most active after sunset? Only one Only two All three None Q.2) The word ‘Denisovan’ is sometimes mentioned in media in reference to (2017) fossils of a kind of dinosaurs an early human species a cave system found in North-East India a geological period in the history of the Indian subcontinent Battery energy storage systems Syllabus Prelims –Government Scheme Context: The government recently approved ₹3,760 crore for viability gap funding of up to 40% of total capital cost to set up a 4,000 MWh battery energy storage system in the country. Background:- The entire ₹3,760 crore viability gap funding (VGF) will be borne by the central government. The VGF will be released in five tranches till 2030-31. Viability Gap Finance: It means a grant to support projects that are economically justified but not financially viable. It aims to reduce the levelized cost of storage (LCoS) to ₹5.50-6.60 per kilowatt-hour (kWh), making storage a viable option to manage peak power demand. It will help in the creation of 4,000 MWh storage across the country. The selection of BESS developers for VGF grants will be carried out through a transparent competitive bidding process, promoting a level-playing field for both public and private sector entities. About Battery energy storage systems:- A battery energy storage system is a type of energy storage system that uses batteries to store and distribute energy as electricity. These are often used to enable energy from renewable sources, like solar and wind, to be stored and released. Types of Battery energy storage systems:- Residential BESS: for homes Commercial BESS: for businesses Utility-scale BESS: for large-scale energy storage. Benefits:- BESS will enhance renewable energy integration into the grid. (Sustainable Energy) It will reduce wastage, and minimize infrastructure upgrade costs. It will reduce peak demand and associated costs. Challenges:- It has High initial costs. ( Battery Energy Storage System (BESS) for 1000 MWhourproject) Recycling and disposal of batteries issues. Regulatory and grid integration issues. MUST READ: Solar Energy in India SOURCE: THE HINDU PREVIOUS YEAR QUESTIONS Q.1) Consider the following statements: (2023) Statement-I: Carbon markets are likely to be one of the most widespread tools in the fight against climate change. Statement-II: Carbon markets transfer resources from the private sector to the State. Which one of the following is correct in respect of the above statements? Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I Statement-I is correct but Statement II is incorrect Statement-I is incorrect but Statement II is correct Q.2) “R2 Code of Practices” constitutes a tool available for promoting the adoption of (2021) Environmentally responsible practices in the electronics recycling industry Ecological management of ‘’Wetlands of International Importance” under the Ramsar Convention Sustainable practices in the cultivation of agricultural crops in degraded lands ‘’Environmental Impact Assessment’’ in the exploitation of natural resources UPI-ATM Syllabus Prelims –Economy Context: Recently, India’s first UPI-ATM was unveiled. Background:- India’s first UPI-ATM was launched recently as a White Label ATM (WLA) by Hitachi Payment Services in collaboration with the National Payments Corporation of India (NPCI) in order to enable “seamless cash withdrawals”. It offers an experience that allows customers of certain banks to enjoy “QR-based cashless withdrawals”. About UPI-ATM:- IMAGE SOURCE: Paisabazaar.com The UPI-ATM service is also known as Interoperable Cardless Cash Withdrawal (ICCW). It offers a convenient way for customers of participating banks who are using UPI to withdraw cash from any ATM that supports UPI-ATM functionality, without the need for a physical card. India’s first UPI-ATM was launched recently as a White Label ATM (WLA) by Hitachi Payment Services in collaboration with the National Payments Corporation of India (NPCI). (UPI and NPCI Regulation) Working Mechanism:- When a customer selects the ‘UPI cash withdrawal’ option at the ATM, they will be prompted to enter the desired withdrawal amount. Once the amount is entered, a unique and secure dynamic QR code will appear on the ATM screen. To complete the transaction and obtain cash from the ATM, the customer simply needs to scan this QR code using any UPI app and authorize the transaction with their UPI PIN on their mobile device. Features of UPI-ATM Compatible with various systems. Transactions without the need for a physical card. Transaction limit of up to ₹10,000 per transaction, aligned with existing UPI daily limits
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