Important topics and their relevance in UPSC CSE exam for May 5, 2022. If you missed the May 4, 2022 UPSC CSE exam key from the Indian Express, read it here FRONT PAGE Inflation finally hits RBI, pushes it to raise key policy rate, sudden and sharp Syllabus: Preliminary Examination: Economic and Social Development Mains Examination: General Studies III: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment Key Points to Ponder: • What is REPO rate? • What is the Current Repo Rate? • What is Cash Reserve Ratio (CRR) Rate? • What happens when Repo Rate and CRR is increased? • Why did RBI increase the REPO and CRR recently? • What is the Monetary Policy Committee? • Inflation and Various Types of Inflation-Know in Detail • Causes of Inflation in recent time? • Long term, Medium Term and Short-term impact of Inflation • How Inflation is Measured in India? • What do you understand by Wholesale Price Index (WPI) and Consumer Price Index? • What is CPI-based Inflation or Retail Inflation? • The base year of Wholesale Price Index (WPI)? • Base Year for Consumer Price Index (CPI)? • Impact of increase in the REPO and CRR on Money Supply on an Economy-Inflation or Deflation? • Know about these terms-Bank Rate, Reverse Repo Rate, Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) etc. • New Standard for Measuring Inflation in India and Old Standard for Measuring Inflation-Key Differences • Steps or Measures Taken by GOI to Control Inflation • National Statistical Office (NSO)-About, Vision, Mandate and Role • ‘Tapering’- what does it mean? • US Fed Taper-Meaning • US Federal Reserve Policies and its Impact on India Other Important Articles Covering the same topic: 📍 Ahead of Fed hike, the worry: RBI behind curve 📍 How RBI dropped inflation ball 📍 First of many hikes 📍 A Jolt From RBI 📍 Explained: Federal Reserve signals, and Indian markets ‘Intimidating’ Saha: BCCI slaps 2-year ban on Boria Majumdar Syllabus: Preliminary Examination: Current events of national and international importance. Mains Examination: General Studies IV: Ethics and Human Interface Key Points to Ponder: • Wriddhiman Saha vs Boria Majumdar: What led to the journalist's ban? • Why Media Is Called as The Fourth Pillar of Democracy? • What are the responsibilities of Journalist towards the Society? • Importance of Journalism-Know in detail • What do you understand by the term “Journalism ethics”? • Media Ethics and Journalism Ethics-Compare and Contrast • What are the Ethical dilemmas faced by Journalists anywhere in the world? • What are the Issues Associated with Media and Journalism in India? • What do you understand by ‘Yellow journalism’? • How Media Is Regulated in India? • What are the Loopholes in Media Regulation in India? Other Important Articles Covering the same topic: 📍 The Digital Media Code balances many priorities, interests of several stakeholders 📍 Journalism is a responsibility, not a tool to mislead people, says Javadekar PM discusses Ukraine with Nordic leaders, meets Macron in Paris Syllabus: Preliminary Examination: Current events of national and international importance. Mains Examination: General Studies II: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests. Key Points to Ponder: • Second India-Nordic summit in Copenhagen-Key Highlight • India-Nordic Summit-Know the Background (Note: Nordic Summit is Different from Nordic Council) • Which countries are Nordic? • Map Work-Locate Denmark, Sweden, Finland, Norway and Iceland and Know the physiography of these countries • Nordic Countries vs Scandinavian Countries-Compare and Contrast • Map Work-Locate Nordic and Scandinavian Countries • What Explains Why the Nordic Countries Are Constantly Among the Happiest in the World? • Prime Minister Narendra Modi trip to Germany, Denmark and France-Know the Significance of this trip in the current scenario • India and Germany-Bilateral relationship between the two, Background and current Status • India-Denmark and Green Strategic Partnership-Significance • India and France-Historical Background and Strategic partnership between the two Nations • India and European Union-Historical Relations and Current Status • Know about European Union (EU) • European Union (EU)-Members (Locate on Map) • European Union and ‘Copenhagen criteria’ • India’s Geopolitical Stature and Changes in India’s Diplomacy-Elaborate in the current scenario Other Important Articles Covering the same topic: 📍 In Copenhagen, PM Modi is told: Hope India influences Russia to end war 📍 Explained: The significance of PM Modi’s Europe tour GOVT & POLITICS Centre cuts wheat quota under PMGKAY, adds rice to fill gap Syllabus: Preliminary Examination: Economic and Social Development Mains Examination: General Studies II: Welfare schemes for vulnerable sections of the population by the Centre and States and the performance of these schemes Key Points to Ponder: • Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY)-Key Features • Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY)-Benefits • Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY)-Who all are eligible? • What are the arguments for and against continuation of Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY)? Other Important Articles Covering the same topic: 📍 Cabinet approves extension of Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY) for another four months (December 2021-March 2022) EXPLAINED Death data in CRS, and why they don’t tell the story of India’s Covid toll Syllabus: Preliminary Examination: Economic and Social Development Mains Examination: General Studies I: Population and associated issues Key Points to Ponder: • New data from the office of the Registrar General of India-Key Highlights • Civil Registration System (CRS) in India-Background • Registrar General of India-About, Role and Functions • What do the Civil Registration System (CRS) data say about Covid-19 deaths? • Why are registrations rising? • How will we know the Covid-19 death count? Other Important Articles Covering the same topic: 📍 The dead have been counted 📍 Civil Registration System in India THE EDITORIAL PAGE No Country for Her Syllabus: Preliminary Examination: Current events of national and international importance. Mains Examination: General Studies II: Issues relating to development and management of Social Sector/Services relating to Health. Key Points to Ponder: • What is Roe v Wade? • What is the Mississippi law? • Why is the decision of the Supreme Court important? • What if Roe is overturned? • India’s Medical Termination of Pregnancy Act, 1971 and an Amendment in 2021-Key points • Abortion Laws in India vs Abortion Laws in other Countries Like USA, UK, Europe and Australia-Compare and Contrast Other Important Articles Covering the same topic: 📍 Roe v. Wade: what happens if US top court junks ruling THE IDEAS PAGE Unfreedom of speech Syllabus: Preliminary Examination: Current events of national and international importance. Mains Examination: General Studies II: Government policies and interventions for development in various sectors and issues arising out of their design and implementation Key Points to Ponder: • Unlawful Activities (Prevention) Act (UAPA)-Key Highlights • Unlawful Activities (Prevention) Act (UAPA) and Human Rights-Connect the dots • Unlawful Activities (Prevention) Act (UAPA) and Article 22 of the Constitution-Connect the Dot • Know the Terms-Punitive detention and Preventive detention • What is ‘Hate Speech’? • Law Commission of India on ‘Hate Speech’-Key Takeaways • Article 19 of the Constitution and Hate Speech-Connect the dots • What are the Laws in India restricting the freedom of expression? • Impact of Hate Speech on Freedom of Expression • International Legal Regime on Hate Speech Other Important Articles Covering the same topic: 📍 The Supreme Court of India Reads Article 21 Protection into the Stringent UAPA Bail Jurisprudence: 📍 Hate Speech Get an e-paper subscription via our special offer – click here For any queries and feedback, contact priya.shukla@indianexpress.com The UPSC KEY Indian Express is now on Telegram. 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