Daily Prelims Newsletter(UPSC)|09 April 2021 | RaghukulCS

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Daily Prelims Newsletter(UPSC)|09 April 2021 | RaghukulCS

Daily Prelims Newsletter For UPSC
| RaghukulCS

09 April 2021

Table Of Contents

Science and Technology 
  • Dengue Disease 
Economy 
  • Open Market Operations
  • Indian Energy Exchange 
Governmental Schemes 
  • Anamaya
International Relations 
  • North Atlantic Treaty Organization (NATO) 
Places in News
  • Red Sea

Science and Technology

Dengue Disease

Why in News?

Researchers at IIT Delhi have developed a device to diagnose dengue within an hour.

About Dengue:

  • It is a mosquito-borne tropical disease caused by a
  • It is commonly by transmitted by several species of mosquito within the genus Aedes, mainlyAedes Aegypti.
  • Symptoms: fever,muscle and joint pains. headache, and a characteristic skin rash.
  • According to WHO, the incidences of Dengue is increasing in the world since recent decades.
  • The dengue vaccine Dengvaxia is the first dengue vaccine to get regulatory nod by US Food & Drug Administration in 2019.

Related Information: National Vector-Borne Disease Control Programme (NVBDCP)

  • NVBDCP is the nodal agency for prevention of six vector-borne diseases namely:
    • Malaria,
    • Dengue,
    • Lymphatic Filariasis,
    • Kala-azar,
    • Japanese Encephalitis and
    • Chikungunya in India.
  • It is under the Ministry of Health and Family Welfare.

    Economy

    Open Market Operations

    Why in News?

    Under the recently announced Government Security Acquisition Programme (G-SAP) by RBI,the central bank will purchase government bonds of worth Rs 1 trillion.

    By this move, RBI will ensure there is no disruption in the Indian market, due to large borrowings by the GoI in this FY.It will serve the purpose of OMO.

    About the process:

    • Simultaneous purchase and sale of G-Secs under OMOs, involves purchasing G-Sec of longer maturities and selling equal amounts of G-Sec of shorter maturities.

    About Open Market Operations:

    • OMO refers to buying and selling of bonds issued by the Government in the open market.
    • It is one of the quantitative tools that RBI uses to smoothen the liquidity conditions.

    Impact on Money Supply:

    • When RBI buys a G-Sec in the open market, it pays for it thereby increasing the money supply in the economy.
    • Types of OMOs: Selling of a G-Sec by RBI (to private individuals or institutions) leads to reduction the money supply.
      1. Outright OMOs: These are permanent in nature i.e., if RBI buys or sells these securities, it is without any promise to sell or buy them backat a later date.
      2. Repo: Under these operations when RBI buys or sells the security, the agreement also has specification about date and price of resale or repurchase of this security. This is called are purchase agreement or repo.
        • The interest rate at which the money is lent in such a way is called the repo rate.

      Indian Energy Exchange

      Why in News?

      The electricity market at Indian Energy Exchange (IEX) registered an all-time high volume of trade in the month of March 2021.

      About IEX:

      • It is the first and largest energy exchange in India providing a nationwide, automated trading platform for
        • physical delivery of electricity,
        • Renewable Energy Certificates and
        • Energy Saving Certificates.
      • The platform enables efficient price discovery and a transparent power market in India,also enhancing the speed and efficiency of trade execution.
      • IEX is a publicly listed company with NSE and BSE.
      • IEX is approved and regulated by Central Electricity Regulatory Commission (CERC).
      • It has been in operation since 2008.
      • Mission:
      • To leverage technology and innovation to establish transparent and efficient energy marketplaces for delivering affordable, reliable energy to consumers.

      About Central Electricity Regulatory Commission:

      • It is a regulator of the power sector in India.
      • It promotes competition, efficiency and economy in bulk power markets.
      • It also advises the government on the removal of institutional barriers to bridge the demand supply gap in electricity market.
      • It is a statutory body and functions as quasi-judicial body under the Electricity Act 2003.

      Governmental Schemes

      Anamaya

      Why in News?

      Recently, the Ministry of Tribal Affairs has launched Tribal Health Collaborative (THC) Anamaya through a video conference.

      About Anamaya:

      • It is an initiative aimed to bring together governments, philanthropists, national and international foundations, and NGOs to end all preventable deaths among the tribal communities of India.
      • It will also converge efforts of various Government agencies to enhance the health and nutrition of the tribal communities of India.
      • The initiative is supported by Piramal Foundation and Bill and Melinda Gates Foundation.

      International Relations

      North Atlantic Treaty Organization (NATO)

      Why in News?

      On account of massive troop deployment by Russia on its borders and other reasons, Ukrainian President has urged NATO to speed up the procedures for his country’s membership in the alliance.

      About NATO:

      • It is an intergovernmental military
      • It was established by Washington treaty in 1949.
      • Headquarters — Brussels, Belgium.
      • NATO constitutes a system of collective defence whereby its independent member states agree to mutual defence in response to an attack by any external party.
      • Presently it has 30 members and the most recent addition being North Macedonia in 2020.
      • NATO’s membership is open to any European state in a position to further the principles of Washington Treaty and to contribute to the security of the North Atlantic area.

      Places in News

      Red Sea

      Why in News?

      An Iranian freighter was hit by Israel’s missile in the Red Sea in retaliation for past Iranian strikes on Israel’s vessels.

      About Red Sea:

      • The Red Sea is a semi-enclosed tropical basin, bounded by Africa and the Arabian Peninsula.
      • It extends between the Mediterranean Seat and the Indian Ocean.
      • At the northern end, it separates into the Gulf of Aqaba and the Gulf of Suez.
      • Gulf of Suez is connected to the Mediterranean Sea via the Suez Canal.
      • At the southern end, it is connected to the Gulf of Aden, and further the outer Indian Ocean, via the Strait of Bab-el-Mandeb.

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