The Hindu - 12 July 2022 - Daily Current Affairs

Tnpsc Salem

July 12, 2022

Daily Current Affairs for TNPSC Group Exams, Upsc Exams, SSC, RRB, BANK & All Government Exams – The Hindu – 12 July 2022

1. Population stabilisation should not spark demographic imbalance: U.P. CM

Page 4.
Population Related Issues, Govt Policies and Interventions.
Population stabilisation should not be the goal of only the Health Department,
other departments such as Rural Development,
Panchayati Raj and Education should work in tandem with each other, and awareness and enforcement should work together. “ASHA workers and Aanganwadi workers should work in sync with the Panchayati Raj officials in villages and cities and basic education teachers to spread awareness.

2.‘Need system to identify illegal loan apps’

Page 5.
Govt Policies and Interventions, Economy, Growth and Development.
A detailed analysis by the Finance department on the frauds reported identified 213 loan apps and 80 NBFCs associated with them. Among these NBFCs, 33 were identified as registered with the RBI and the rest were not.

3. Far Apart

Page 6.
GS 2, IR.
Mr. Jaishankar reiterated India’s stand, conveyed to China on numerous occasions since the start of the LAC tensions in 2020,
that normalcy would not be possible without a resolution of the boundary crisis and full disengagement from all friction areas. The MEA said the External Affairs Minister called for an early resolution of all outstanding issues, and reiterated the need to sustain the momentum to complete disengagement from all the remaining areas.

4. The scam fault line is damaging Indian banking

Page 6.
Economy, Growth and Development.
The banking system of any country is the backbone of its economy.
Excessive losses to banks affect every person in the country because the amounts deposited in banks belong to the citizens of the country.
The NPAs that banks incur are mainly due to bad loans and scams. Only establishment of National Asset Reconstruction Company Ltd. (NARCL) or the ‘bad bank’ is not a real solution. These measures can help only after a loan is bad but not the process of a loan going bad.

5. Why the world needs peace in Ukraine

Page 7.
IR.
The collateral damage of the war is being borne by the rest of the world.
Western countries may take longer to realise this
— no doubt the prospect of a freezing winter without Russian oil and gas might help concentrate European minds on this realisation — but the developing world already knows that the situation is unbearable, and if the war continues, further disaster looms.

6. The search for dark matter

Page 8.
Science, Space and Technology.
Dark matter is made up of particles that do not have a charge.
So, these particles are “dark”, namely because they do not emit light, which is an electromagnetic phenomenon, and
“matter” because they possess mass like normal matter and interact through gravity. There is strong indirect evidence for dark matter, and this evidence is reflected at various levels. As of today, the most sensitive dark matter detector experiment in the world is LUX-ZEPLIN (LZ) in South Dakota in the U.S.

7. The new guidelines to prevent unfair trade practices

Page 8.
Govt Policies and Interventions, Transparency and Accountability, Issues Relating to Development.
Central Consumer Protection Authority (CCPA) announced five key guidelines to prevent unfair trade practices regarding the levy of service charges in hotels and restaurants. Service charge is a fee collected to pay for services associated with the purchase of a primary product or service. It is collected by hospitality sectors and food and beverage industries as a fee for serving customers.

8. Failing the Forest

Page 9.
Govt Policies and Interventions, Environment, Conservation.
There is a sharp binary between the human rights and wildlife rights-based groups. The wildlife groups argue that implementation of the FRA could lead to encroachments and fresh clearance of forestland for human dwellings. The human rights groups have argued that the FRA was passed by Parliament and is aimed at correcting historical injustices to traditional forest dwellers. The first myth that needs to be busted for the wildlife lobby is that when a right is recognised of a forest dweller/Adivasi on a piece of land, it doesn’t mean that he/she will cut down all the trees in that area. Recognising rights on forestland is not the same as clear-felling that forest. Both groups have been so locked in ideological debates that they have failed to protect the forest. The FRA was meant for forest dwellers, but it could have also been a powerful tool for conservation.

9. MPs’ panel oppose Mediation Bill

Page 10.
Govt Policies and Interventions, Growth and Development.
The members questioned the non-applicability of the provisions of the Bill to disputes/matters of non-commercial nature involving the Government and its agencies. According to the provisions, people dealing with problems relating to ‘Alternative Dispute Resolution’ can become members and chairman of the council.

10. AI-based Mandarin translation devices for Army

Page 10.
Technology, Growth and Development, Security.
Indian soldiers patrolling on the Line of Actual Control (LAC), when they come face to face with Chinese soldiers, will soon be able to understand Mandarin and reply instantly, with the help of a 600gm Artificial Intelligence (AI) based device developed by an Indian start-up and currently under advanced trials with feedback from the Army.

11.India set to beat China in population: UN report

Page 12.
Population Related Issues, Govt Policies and Interventions.
India is set to surpass China as the world’s most populous country in 2023, with each counting more than 1.4 billion residents this year,
a United Nations report said on Monday, warning that high fertility would challenge economic growth.
The UN said more than half of the projected increase in the global population up to 2050 will be concentrated in eight countries
— Congo, Egypt, Ethiopia, India, Nigeria, Pakistan, the Philippines and the United Republic of Tanzania.

12. RBI sets up system to settle international trade in rupees

Page 14.
Economy, Growth and Development.
The Reserve Bank of India (RBI) has put in place a mechanism to facilitate international trade in rupees (INR), with immediate effect. Banks acting as authorised dealers for such transactions would have to take prior approval from the regulator to facilitate this.