2 Jan 2024 : PIB
1. PM expresses happiness over successful launch of XPoSat satellite.
| Topic: GS3 – Science and Technology – Developing new technology – Space
XPoSat launch showcases India’s space prowess, vital for national progress, aligning with UPSC’s focus on current affairs and achievements. |
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More on the news:
- Prime Minister Narendra Modi expresses happiness over the successful launch of XPoSat satellite by ISRO.
- Extends best wishes to ISRO scientists and the space fraternity for their achievement.
- Describes the launch as a great start to 2024 and praises the contribution of scientists.
- Highlights the significance of the launch for enhancing India’s prowess in the space sector.
- Wishes the entire space community success in taking India to unprecedented heights.
| ISRO satellite XPoSat |
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2. Sale of Electoral Bonds at Authorised Branches of State Bank of India (SBI)
| Topic: GS2 – Governance – Important aspects of governance – Transparency and accountability.
Electoral Bonds sale via SBI, governed by 2018 scheme, impacts political funding transparency, relevant for UPSC’s governance awareness. |
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Additional information on the news:
- Electoral Bonds sale through State Bank of India’s 29 Authorised Branches from January 2, 2024, to January 11, 2024.
- Government’s Electoral Bond Scheme 2018 allows citizens or entities incorporated in India to purchase bonds.
- Political parties meeting specified criteria can receive and encash Electoral Bonds through authorized banks.
- Electoral Bonds are valid for fifteen days; no payments accepted after expiry. Deposits credited on the same day to eligible political parties.
| Electoral Bond Scheme 2018 |
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| PYQ: To enhance the quality of democracy in India the Election Commission of India has proposed electoral reforms in 2016. What are the suggested reforms and how far are they significant to make democracy successful? (UPSC CSE (M) GS-2 2017) (250 words/15m) |
| Practice Question: Critically examine the Electoral Bond Scheme 2018 in light of its stated goals of transparency and curbing black money in political funding. (150 words/10 m) |
