04 October, 2019
15 Min Read
|GS-II||Making political parties accountable.|
|GS-III||The current crisis at PMC Bank serves the country a warning.||Economic Issues|
|Seize the opening.||International Relations|
|Elephant Endotheliotropic Herpes-virus (EEHV)|
GS-I: Legal Deities.
Among the parties in a famous temple suit appeals now being heard by the Supreme Court is the Lord represented by His “next friend”.
God as a juristic person:
From when did this recognition begin?
God: Not always a legal person:
Other than Hinduism:
Who else holds such legal status?
GS-II: Making political parties accountable.
Recently, the Supreme Court in D.A.V. College Trust and Management Society Vs. Director of Public Instructions held that NGOs which were substantially financed by the appropriate government fall within the ambit of ‘public authority’ under Section 2(h) of the RTI Act, 2005.
Impact of the judgement:
Application to political parties
DAV judgment to political parties:
Need to bring political parties under RTI:
It is hoped that the Supreme court will further the positive advances made in this direction.
GS-III: The current crisis at PMC Bank serves the country a warning.
The crisis unfolding at PMC Bank is a tip of the iceberg of larger, unresolved problems in India’s banking sector.
Roots of the cause:
Other problems with the cooperative sector:
Way ahead for cooperative banks:
The fundamental political economy problem is that public sector banks serve multiple masters and, as a consequence, loan decisions are not always based on economic and financial logic.
GS-II: Seize the opening.
The spokesperson for Iran’s nuclear agency announced that the country had the ability to enrich uranium up to 20% and it had launched advanced centrifuge machines.
This further violates its commitments under the Joint Comprehensive Plan of Action (JCPOA).
It is also an escalation of the brinkmanship since US President Donald Trump withdrew from the JCPOA in May 2018.
GS-III: Elephant Endotheliotropic Herpes-virus (EEHV)
A rare disease has killed five elephants in Odisha. The four deaths in Nandan Kanan Zoo are the first reported cases of EEHV-related deaths in an Indian zoo while the death in the forest too is the first known such case in the wild in India.
No cure yet:
Why it is a concern?
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