UPSC CSE Key – March 1, 2022: What You Need to Read Today


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GDP growth rate revised down to 8.9%, construction sector contracts

Program:

Preliminary examination: Economic and social development

Sector Review: General Studies III: Indian economy and questions relating to planning, mobilization, resources, growth, development and employment.

Key points to ponder:

• What are forward estimates of GDP?

• First Advance Estimates (FAE) and Second Advance Estimates (SAE) of GDP – What do you mean by this?

• First Advance Estimates (FAE) and Second Advance Estimates (SAE) of GDP – who publishes these estimates?

• First GDP advance estimate and 2nd GDP advance estimate: what has changed since the 1st?

• How many revisions of GDP estimates are made and why?

• What is the culmination of Second Advance Estimates (SAE)?

• What is meant by Private Final Consumption Expenditure (PFCE) and State Final Consumption Expenditure (GFCE)?

• What is gross domestic product (GDP)?

• GDP-How is it calculated?

• Gross Domestic Product (GDP) and Gross National Product (GNP) – Key Differences

• “Nominal” GDP and “real” GDP – What’s the difference?

• Meaning of “double deflation” in the context of calculating GDP?

Other important articles dealing with the same subject:

📍 GDP 2nd Advance Estimates: what has changed since the 1st, what it means

📍 Stable but slow

THE EDITORIAL PAGE

Failed by the West

Program:

Preliminary examination: News of national and international importance.

Sector review:

• General Studies I: World History will include 18th century events such as the Industrial Revolution, World Wars, etc.

• General Studies II: Effect of Policies and Policies of Developed and Developing Countries on India’s Interests, Indian Diaspora.

Key points to ponder:

• West-Ukraine-Russia-East-Who is here in the west and in the east? What are the differences between West and East in the Ukrainian crisis?

• Ukraine-Russia conflict and reasons for WWII – Do you see any similarities (hint: sanctions against Russia now and treaty imposed on Germany after WW1)? Is it relevant to compare the two?

• Ukraine believed in Western powers – rightly or wrongly?

• Do you think it’s Ukraine versus Vladimir Putin and not Ukraine versus Russia?

• Will India’s geopolitical stature change after abstaining from the UNSC resolution?

• India’s position on the conflict between Ukraine and Russia – a fair balance or loyalty to an old friend?

• The geopolitics of the United States in Afghanistan, Vietnam, Iraq, why is this problematic?

Other important articles dealing with the same subject:

📍 NEW BERLIN

📍 United against a strong man

📍 No more US sanctions; China promises ‘normal’ trade

📍 Five Fallouts of Western Sanctions on Russia

EXPLAIN

Read the new climate report

Program:

Preliminary examination: General questions on environmental ecology, biodiversity and climate change

Sector review: General Studies III: Environmental Conservation, Pollution and Degradation, Environmental Impact Assessment.

Key points to ponder:

• Know the Intergovernmental Panel on Climate Change

• Sixth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC) – Key Highlights

• What are the new perspectives on climate impacts, vulnerability and adaptation from the IPCC?

• How will nature and the benefits it provides to people be affected by higher levels of warming?

• How will climate change affect the lives of today’s children tomorrow, if no immediate action is taken?

• Climate Change and India’s Strategy to Cope with Climate Change

• What is climate resilient development?

Other important articles dealing with the same subject:

📍 IPCC alarm bell: effect of climate change worse than previous estimates

📍 Heat, humidity, rising sea to make India uninhabitable if emissions are not reduced

📍 IPCC report warns of malaria outbreak in Himalayan region

ECONOMY

“Protectionism hurts”: why Panagariya is fighting for free trade

Program:

Preliminary examination: Economic and social development

Sector review: General studies III: Inclusive growth and the challenges arising from it.

Key points to ponder:

• What is protectionism?

• Know these conditions: tariffs, import quotas, product standards and government subsidies

• Protectionism and its effects on some developing countries

• How does protectionism hinder economic growth?

• What are the other main economic concerns?

Other important articles dealing with the same subject:

📍 Protectionism

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