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Wednesday 17 October 2012

Topics to be covered in Hindu
Topic
P.No.
Make the right diagnosis
10
Shome panel’s wrong call
10
Red marks in India’s green report card
11
Gail storm : The Petroleum and Natural Gas Regulatory Board has that it will scrap the venture if it does not take off by this December. A file picture of a paddy field in Palakkad, one of the districts under the project.
11
Iraq suffers from its chaotic foreign policy
11
Iran says “tangible” progress in India – Afghanistan port link
12
GoM nod for Land Bill Only two – thirds of landpowers will have to agree before land can be acquired
12
Supreme court lifts ban on tourism in core areas of tiger reserves
13
ADF to be abolished in Mumbai, Delhi airports from January 1
16
PM pledges $50 million for biodiversity conservation as funding talks collapse
20
‘Drain it, lose it,’ says new wetlands economics report
20






































Importance of Fundamental Rights:
However, despite these limitations, the fundamental rights incorporated in part III to the Constitution together constitute a formidable foundation of Indian democracy. These are designed to ensure a healthy environment for the development of the people and their social system.     

Part III of the Constitution offers a valuable and important check upon the Government and acts as a bull work against executive despotism. It provides protection to minorities by guaranteeing cultural and educational rights. It seeks to build an egalitarian society free from discrimination on the basis of caste, colour, creed, religion, sex and place of birth. By making untouchability a crime. It has taken a commendable step towards securing social equality to India.

The limitations imposed on the fundamental rights, though appear to be excessive, are nevertheless quite essential. The existence of diversities and conflicts over caste, colour and creed, the security, unity and integrity of the nation all justify the imposition of restrictions on fundamental rights. Safeguards against a possible misses of some provisions by the executive have also been incorporated in the constitution. The acceptance of the principle of rule of law, the existence of an independent judiciary with the power of judicial review and the commitment of organize, operationalise and develop a democratic political system in the India are real safeguards against the misuse of power by the government and the parliament.

Policy on FDI in retail lacks legal sanctions says SC
With the Supreme Court observing on Monday that the Centre’s policy decision permitting FDI in multi-brand retail sector lacked legal sanction, the Attorney General (AG) G. E. Vahanvati assured that the Reserve Bank of India (RBI) would come out with amended Regulations within two weeks.

A Bench of Justices R. M. Lodha and Anil R. Dave, while refusing to stay the policy decision, gave the RBI two weeks’ time after Mr. Vahanvati told the court that the RBI had already set in motion the process of amending the Foreign Exchange Management (Transfer or Issue of Security by a Person, Resident outside India) Regulations 2000 permitting foreign direct investment in the retail sector. When advocate Manohar Lal Sharma, who had challenged the Centre’s notification on allowing FDI in retail sector through an executive order without parliamentary approval, sought an interim stay of the process, Justice Lodha told the counsel, “There is no question of any stay on the policy decision.”

The Bench also refused to stay the government’s meeting scheduled for October 19 to give licences to 50 companies for FDI in retail sector. Justice Lodha told the AG, “The RBI has not amended the regulations which will legitimise government’s FDI policy till date. It is a legal process, which has to be taken to its logical conclusion. This is a policy done by the Central Government and it is not that the RBI has been kept in the dark by the Centre. We want to know from the Attorney General when this amendment will formally take place.”

The AG told the court that he would speak to the RBI Governor to expedite the process and the Regulations would be amended within two weeks.

Justice Lodha made it clear to the AG, “We adjourn the matter but you have to give the policy a legal shape by amending the regulations.” 

UPSC - Questions to be learn
1.    The Cabinet, approved the proposal of the Tamil Nadu Government to set up a Petroleum Chemicals and Petrochemicals Investment Region (PCPIR) in Cuddalore and Nagapattinam districts. PCPIRs have already been approved in-
    1.    Andhra Pradesh
    2.    Gujarat
    3.    West Bengal
    4.    Orissa
    Code for correct answer
    (a)    1 and 2    (b)    1, 2 and 3
    (c)    2 and 4   
(d)    1, 2, 3 and 4
2.    Name the  country that would have the first military engagement With Egypt after the newly-elected government has taken there?
    (a)    India        (b)    China
    (c)    Italy        (d)    Bangladesh
3.    Scientists at the world’s biggest atom smashing facility near Geneva claimed the discovery of a new subatomic particle. They found it to be “consistent” with the long-sought Higgs boson, popularly known as the “God particle” that helps explain what gives size and shape to all matter in the universe. Who was coined The phrase “God particle”?
    (a) Saul Perlmutter
    (b) Konstantin Novoselov
    (c) Charles Kuen Kao
    (d) Leon Lederman

4.    Which of the Indian institute of Technology, Yahoo! India Research and Development has entered into an agreement to support its faculty and students in cloud computing research.
    (a)    Indian Institute of Technology, Banglore
   
(b)    Indian Institute of Technology, Madras    (c)    Indian Institute of Technology, Kanpur
    (d)    Indian Institute of Technology, Bombay

5.    In line with the energy conservation and efficiency policies of the Bureau of Energy Efficiency (BEE) under the Ministry of Power, the Honorable Union Minister of Power, launched the PAT scheme under the National Mission for Enhanced Energy Efficiency (NMEEE). What is the PAT
    (a)    Process Analytical Technology
    (b)    Performance Acceleration Technology
    (c)    Perform, Achieve and Trade    (d)    Portable Appliance Test

6.    The government has made provisions for tax payers with annual income of -----------  to file their income tax returns electronically.
    (a)    More than Rs 5 lakh
    (b)    More than Rs 10 lakh
    (c)    More than Rs 15 lakh
    (d)    More than Rs 20 lakh