Daily Current Affairs for UPSC – 11 August 2023

Daily Current Affairs for UPSC 2023

Q) Which of the following best explains the ‘Black Notice’ issued by Interpol?

1. To obtain information on a person of interest
2. To identify a person unable to identify himself/herself
3. To seek information on unidentified bodies
4. To warn of a person representing an imminent threat

Daily Current Affairs for UPSC – 10 August April 2023

Explanation:

• Option (3) is correct: Interpol issues 8 type of notices (7 of which are colour-coded) which are in the form of alert/requests allowing police in member countries to share critical crime-related information.
• Red Notice: To seek the location and arrest of a person wanted by a judicial jurisdiction or an international tribunal with a view to his/her extradition.
• Blue Notice: To locate, identify or obtain information on a person of interest in a criminal investigation.
• Green Notice: To warn about a person’s criminal activities if that person is considered to be a possible threat to public safety.
• Yellow Notice: To locate a missing person or to identify a person unable to identify himself/herself.
• Black Notice: To seek information on unidentified bodies.
• Orange Notice: To warn of an event, a person, an object or a process representing an imminent threat and danger to persons or property.
• Purple Notice: To provide information on modus operandi, procedures, objects, devices or hiding places used by criminals.
• Interpol-UNSC Special Notice: To inform Interpol’s members that an individual or an entity is subject to UN sanctions.

Q) Consider the following statements:

1. The President of India is the Supreme Commander of the Indian Armed Force.
2. India has the world’s second-largest military force and has the world’s largest volunteer army.
3. The ‘Global Firepower Index 2022’ report ranks Indian Armed Forces as the second most-powerful military in the world, after the U.S.A.

Which of the statements given above are correct?

1. 1 and 2 only
2. 1 and 3 only
3. 2 and 3 only
4. 1, 2 and 3

Explanation:

The Rajya Sabha passed The Inter-Services Organisation (Command, Control & Discipline) Bill 2023, with experts suggesting that it could serve as a precursor to the theaterisation of the Indian Armed Forces.

• Statements 1 and 2 are correct: With strength of over 1.4 million active personnel, India has the world’s second-largest military force and has the world’s largest volunteer army. The President of India is the Supreme Commander of the Indian Armed Force, but they work under the management of the Ministry of Defence of the Government of India.
• Statement 3 is incorrect: The ‘Global Firepower Index 2022’ report ranks Indian Armed Forces as the fourth most-powerful military in the world, after the U.S.A, Russia and China.

Q) Consider the following statements about National Pension Scheme (NPS):

1. It is a voluntary scheme administered by the Pension Fund Regulatory and Development Authority.
2. It is a market-linked annuity scheme where an individual can invest a regular amount during employment and receive an annuity when they retire.
3. Employees can claim tax deductions of up to 1.5 lakh under Section 80C of income tax.
4. The government extended the scope of NPS for all citizens, including self-employed and unorganised workers, in 2009.

How many of the statements given above are correct?

1. Only one
2. Only two
3. Only three
4. All four

Explanation:

• Statement 1, 2, 3 and 4 are correct: The National Democratic Alliance (NDA) government discontinued the OPS in 2004 and introduced the National Pension Scheme (NPS) for government employees.
• The government extended the scope of NPS for all citizens, including self-employed and unorganised workers, in 2009.
• It is a voluntary scheme administered by the Pension Fund Regulatory and Development Authority (PFRDA).
• Employees can claim tax deductions of up to 1.5 lakh under Section 80C of income tax and up to Rs. 50,000 on other investments under 80CCD (1b)
• It is a market-linked annuity scheme where an individual can invest a regular amount during employment and receive an annuity when they retire. Upon retirement, an individual can withdraw up to 60% of the NPS amount and invest the remaining 40% with any of the ten professional fund managers to receive pension annuities as a monthly pension.

Q) Consider the following statements about Securities Appellate Tribunal (SAT):

1. It is a statutory body established under the Securities and Exchange Board of India Act of 1992
2. The Presiding officer is appointed by the President of India in consultation with the Chief Justice of India.
3. Person aggrieved by any order or decision of Securities Appellate Tribunal can file an appeal direct to the Supreme Court of India.

Which of the statements given above are correct?

1. 1 and 2 only
2. 1 and 3 only
3. 2 and 3 only
4. 1, 2 and 3

Explanation:

The Securities Appellate Tribunal (SAT) has quashed the SEBI order directing the National Stock Exchange (NSE) to pay ₹62.6 crore with interest, in the dark-fibre case.

• Statements 1 and 3 are correct but Statement 2 is incorrect: Securities Appellate Tribunal is a statutory body established under the Securities and Exchange Board of India Act, 1992. It consists of a Presiding Officer & Two other members. The Presiding officer shall be appointed by the Central Government in consultation with the Chief Justice of India or his nominee. Its main function is to hear and dispose of appeals against orders passed by the Securities and Exchange Board of India, the Pension Fund Regulatory and Development Authority (PFRDA) and the Insurance Regulatory Development Authority of India (IRDAI). Person aggrieved by any order or decision of Securities Appellate Tribunal can file an appeal to the Supreme Court of India.

Q) Consider the following statements about Interpol?

1. It is an inter-governmental organization
2. Interpol connects all its countries via a communications system called I-24/7.
3. Interpol issues Red Notice to seek the location and arrest of a person with a view to his/her extradition.

Which of the statements given above are correct?

1. 1 and 2 only
2. 1 and 3 only
3. 2 and 3 only
4. 1, 2 and 3

Explanation:

• Statements 1 and 2 are correct: The Interpol, or International Criminal Police Organization, is an inter-governmental organization comprising 195 member countries, which helps police forces in all these countries to better coordinate their actions. Interpol connects all its countries via a communications system called I-24/7.
• Countries use this secure network to contact each other, and the General Secretariat.
• It also allows them to access Interpol’s databases and services in real-time, from both central and remote locations.
• Statement 3 is correct: Interpol issues 8 type of notices (7 of which are colour-coded) which are in the form of alert/requests allowing police in member countries to share critical crime-related information.
• Red Notice: To seek the location and arrest of a person wanted by a judicial jurisdiction or an international tribunal with a view to his/her extradition.
• It is the “closest instrument to an international arrest warrant”.

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