All questions of May 2020 for UPSC CSE Exam

A

Small pox- chechak

The Central Government's Gross Market Borrowing Estimate for FY 21

The correct answer to the question is option A, which states that the central government has raised the estimated gross market borrowing crore for FY 21 to 12 lakh crores.

Explanation:

The central government's gross market borrowing refers to the amount of money it borrows from the market to meet its expenditure needs. This borrowing is done through the sale of government securities such as bonds and treasury bills.

The government's borrowing estimate is an important component of the budget as it reflects the projected fiscal deficit and the government's plan to meet its funding requirements. The budget estimate for gross market borrowing is usually announced during the annual budget presentation.

In the case of FY 21, which refers to the financial year beginning from April 1, 2020, and ending on March 31, 2021, the central government initially estimated the gross market borrowing at 7.80 lakh crores. However, this estimate has been revised and raised to 12 lakh crores.

Reasons for the Increase:

1. Impact of COVID-19: The COVID-19 pandemic has had a severe impact on the Indian economy, leading to a significant decline in revenue collections and increased expenditure requirements. The government has had to implement various relief measures and stimulus packages to support businesses and individuals during this crisis. The increased borrowing estimate reflects the need for additional funds to meet these extraordinary circumstances.

2. Fiscal Stimulus: The government has announced several fiscal stimulus measures to revive the economy and promote growth. These measures require additional funding, and the increased borrowing estimate is a reflection of the government's commitment to implementing these measures effectively.

3. Infrastructure Development: The government has also emphasized the importance of infrastructure development to boost economic growth. Increased borrowing will provide the necessary funds to undertake large-scale infrastructure projects across the country.

4. Investor Demand: Despite the challenging economic situation, there has been a strong demand for government securities from investors. This increased investor appetite for government bonds has allowed the government to raise more funds at favorable interest rates, enabling them to revise the borrowing estimate upwards.

In conclusion, the central government has raised the estimated gross market borrowing crore for FY 21 from 7.80 lakh crores to 12 lakh crores. This increase is primarily driven by the economic impact of COVID-19, fiscal stimulus measures, infrastructure development plans, and investor demand for government securities.

Kyuki bhai bahut bache aise hai jinke pass internet ki suvidha nhi hai naah hi unke pass smart phone hai jharkhand main 10 se 12 baje tak fir 1 se 2 baje tak digital resources ka nirman kiya kyuki doordarshan ke aisa channel hai hamesha se free main access hota aaya hai kisse bhi dth ya cable pr or jabki baaki channel paid pr hai or toh or jharkhand sarkar ne yeh isliye kiya ki bacho ko study ke mamle main koi bhi preshani na aaye or march 16 se covid-19 ki wajah se class 1 to 12th class ke bache government 42lakhs hai jo ki coronovirus ki wajha se effected hue hai. yeh jo doorshan se online class 11 may se 10 Jun tak hai aagar aage bhi covid-19 ki wajah se koi problem aaye gyi toh sarkar phir se ek baar yeh kadam uthna pade gya..

A. The Board of Directors of YES bank made the decision on May 1 2020

The Ministry of Youth Affairs and Sports has launched an initiative named "GOAL" (Going Online as Leaders).

Country: Italy

Description:
Italy has developed an intelligent bracelet called "i-Feel you" to help users respect social distancing rules during the COVID-19 pandemic. The bracelet uses proximity sensors to alert wearers when they are too close to another person, reminding them to maintain a safe distance to prevent the spread of the virus.

How it works:
- The i-Feel you bracelet is equipped with sensors that can detect when another bracelet is within a certain range.
- When the bracelets are too close to each other, they vibrate to alert the wearers to move apart and maintain social distancing.
- The goal of this technology is to promote safe behavior and prevent the spread of COVID-19 by reminding people to keep a safe distance from others in public spaces.

Significance:
- The development of the i-Feel you bracelet is a significant step in using technology to help combat the spread of the virus and promote public health measures.
- By providing a gentle reminder to maintain social distancing, the bracelet can help individuals stay safe and reduce the risk of infection.
- This innovative solution demonstrates Italy's commitment to leveraging technology to address the challenges posed by the pandemic and protect the health and well-being of its citizens.