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FINANCIAL EMERGENCY

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 UPSC GS MAINS IMPORTANT QUESTIONS Under what circumstances can the Financial Emergency be proclaimed by the president of India? What consequences follow when such a declaration remains in force? The president of India can proclaim Financial Emergency under Article 360 of the constitution if he is satisfied that a situation has arisen where the financial stability of India or a part of its territory thereof is threatened. Such an emergency ceases to be in operation within two months of its proclamation unless it is approved by both the houses of the parliament by simple majority. During the financial emergency the executive authority of Union gives finance related decisions to the states. Centre can ask states to observe canons of financial propriety. It can direct that money bills or finance bills should need President's assent. There are other affects which cam also occur during the proclamation of financial emergency. The president may ask the states to reduce the salaries and a

MERCANTILISM

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 UPSC GS MAINS IMPORTANT QUESTIONS American Revolution was an economic revolt against mercantilism. Mercantilism is an economic theory that holds the prosperity of a nation depends upon its supply of capital and that the global volume of trade is unchangeable. American Revolutions was inspired by various socio-economic and political factors besides the increased awareness of the masses about their natural rights. However the main factor behind the American Revolution was the economic policies of England in its colonies in America which clearly supported mercantilism.  This is evident from the actions of Britain. 1. The Navigation law of 1651 required American ships to compulsorily sail towards Britain ports. 2. Although the Britain won the war with France but at a huge economic cost. To overcome the huge debt it imposed coercive laws on American colonies like new takes on stamp, sugar etc. which led to emergence of revolutions. 3. Heavy duties were imposed on the import of goods from o

BUDDHIST STUPA-ART

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 UPSC GS MAINS IMPORTANT QUESTIONS Early Buddhist Stupa-art, while depicting folk motifs and narratives, successfully expounds Buddhist ideals. Elucidate. The Stupa is a true image of the Buddha having an ancient and detailed history. It is being regarded as a sacred space and a symbolic representation of Buddha's burial mound. The historical development of the Stupa can be divided into Hinayana and Mahayana phase. The Stupa developed as the nucleus of Buddhist faith and worship. It enables the worshiper not only to think of the Buddha as an imminent reality but also optimizes his enlightenment and nirvana. According to the Buddhists philosophy building stupas has karmic benefits. Most of the stupas are placed on a square foundation having four sides, each having a gate called torona. These are directional gates guiding the practitioner to the correct path to enlightenment i.e. the understanding of the four noble truths The decoration of the Stupas during the Hinayana period was re

NATIONAL CHILD POLICY

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 UPSC GS MAIN IMPORTANT QUESTIONS Examine the main provisions of the National Child Policy and throw light on the status of implementation. The Government adopted a new National Policy for Children in 2013. The Policy recognizes every person below the age of 18 years as a child and covers all the children within the territory and jurisdiction of the country. It recognizes that a multi sectoral and multidimensional approach is necessary to secure the rights of children. The Policy has identified four key priority areas: survival, health and nutrition, education and development, protection and participation for focused attention. Based on the new National Policy for Children,2013, the Ministry of Women and Child Development has developed a Draft National Plan of Action for Children (NAPC). The purpose is to track and monitor what is already being done for children across ministries and sectors. National Child Policy is the first policy document in India that specifically highlights "

PPP MODEL

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 UPSC GS MAINS IMPORTANT QUESTIONS Adoption of PPP Model for infrastructure development of the country has not been free of criticism. Critically discuss the pros and cons of the model.  PPP means Public Private Partnership. Infrastructure in India is poor when compared to similar developed nation. The Government of India identified public private partnership model as a way of developing country's infrastructure in the 1900's. In August 2012, the prime minister of India, Dr. Manmohan Singh, lifted the ban on the transfer of government owned land, relaxed land transfer policy and did away with the need for cabinet approval for PPP projects in order to accelerate the building of infrastructure. PPP model or 3P model is a contract between government and private entity, with the goal of providing some public benefit. Benefits of PPP model: 1. Better infrastructure solutions than an initiative which is either fully public or private . 2. Faster project completions and reduced delay