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IAS Mains 2016 Solutions: GS Paper 1

IAS GS Mains 2016

87 Expected Questions

Bimal Jalan Committee – Licensing & Expenditure Management (1)

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M B Shah Committee – on Black Money (4)

  • Deepak Mohanty Committee - Data & Information Management in RBI

  • Arvind Mayaram Committee - Definition to FDI and FII

  • P J Nayak Committee – Governance of Board of Banks – Scrapping Bank Nationalization Act

Demonetization (8)

  • Structure and role of RBI

  • Currency notes and printing press

  • Functioning of ATM’s

  • Cash deposit machines and its working

  • Anil Bokil

  • Arthakranti Sansthan

  • Urijit Patel

  • ATM Recalibration – SS Mundra Task force

Scheme for Sustainable Structuring of Stressed Assets (S4A) (1)

  • Launched by RBI

  • To help resolve the corporate debt problem and strengthen the lenders’ ability to deal with stressed assets.

  • Company’s debt is bifurcated into sustainable and unsustainable based on the cash flows of the company’s project.

  • Sustainable debt cannot be less than 50% of existing debt and will have to be serviced over the same terms as that of existing facilities.

  • Unsustainable debt can be converted into equity, Optionally Convertible Debentures or Redeemable Optionally Convertible Preference Share with clearly spelt out terms.

External Commercial Borrowings and Hedging (6)

  • Additional Tier 1 (AT1) Bonds: Hybrid bonds that combine debt and equity elements & are called contingent convertible capital instruments (CoCos)

  • Ease of Doing Business Index

  • National Medical Commission Bill 2016 - Scrapping of MCI

  • Niti Ayog

  • GDI

Developments in Railways (7)

  • Diamond Quadrilateral

  • Bullet Trains

  • Bio-toilets

  • Green train corridors – Gujarat

  • Udhampur-Srinagar-Baramulla rail link

  • Antoyaya Express (long-distance, fully unreserved superfast service) and 2-4 Deen Dayalu Coaches (unreserved)

  • Railway University is being set up at Vadodara

GST (1)

  • Scrap off concepts of levy of excise on manufacture, VAT/CST on sales, entry tax on entry of goods

  • Include Central Taxes: Central Excise, Service Tax, CVD, SAD, CST

  • Include State Taxes: VAT, CST, Entry Tax, Luxury Tax

  • Customs is outside GST

  • 122nd Amendment Bill

Bills and Acts (7)

  • Civil Aviation Policy

  • National Infrastructure Investment Fund

  • Disinvestment of PSU’s

  • National Health Policy 2015

  • National Policy on the Voluntary Sector

  • Draft National Water Framework Bill 2016

  • Maternity Benefit (Amendment) Bill 2016

Security Interest and Recovery of Debts Laws Amendment Bill, 2016 (1)

  • Amend four laws

  • Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002

  • Recovery of Debts due to Banks and Financial Institutions Act (RDDBFI), 1993

  • Depositories Act, 1996

  • Indian Stamp Act, 1899

National Institutional Ranking Framework (NIRF) (1)

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Major Programs and Policies (7)

  • Housing for All 2022

  • Housing for All Gramin 2022

  • MUDRA Bank

  • Digi Locker

  • Beti Bachao, Beti Padhao

  • Make in India


Environmental Issues (5)

  • Kasturirangan Committee

  • Gadgil Committee

  • Interlinking of Rivers

  • COP22 to the UNFCC: Marrakech Action Proclamation for Our Climate and Sustainable Development.

  • Doha Amendments to Kyoto Protocol

Geographically Important Topics (5)

  • Sagar Mala Yojana

  • Smart City Project

  • Sauni Yojana

  • International Solar Alliance

  • Uttarakhand – Glacier Tax, Ban on construction near glaciers

Defense, Science and Technology (6)

  • Net Neutrality

  • Nuclear triad: 3 basic components viz., strategic bombers, intercontinental ballistic missiles (ICBMs), and submarine-launched ballistic missiles (SLBMs).

  • K-4 Missiles (DRDO)

  • LIGO - Laser Interferometer Gravitational-Wave Observatory

  • KAGRA - Kamioka Gravitational Wave Detector

  • IndiGo - Indian Initiative in Gravitational-wave Observations (Sanjeev Dhurandhar, Professor at IUCAA, Pune)

Defense, Science and Technology (8)

  • Lagrange point: Location in space where combined gravitational forces of two large bodies, such as Earth and sun or Earth and the moon, equals centrifugal force felt by a much smaller third body.

  • Aditya L1 – 1st Indian Mission to Study Sun by ISRO

  • Mangalyaan – Mars

  • ISRO chairman UR Rao to be part of IAF Hall of Fame

  • Chandrayaan -2 Mission


  • Pratham


Defense, Science and Technology (6)

  • Scramjet engine: Works on the Air-breathing Propulsion System. Uses natural oxygen present in the atmosphere to burn the fuel stored in the rocket


  • INS Vikramaditya

  • Blue-water navy: Maritime force capable of operating globally; essentially across the deep waters of open oceans

  • Green-water navy: Naval force designed to operate in nation's littoral zones and has the competency to operate in the open oceans of its surrounding region

  • Brown-water navy: Naval force capable of military operations in fluvial or littoral environments, mainly carrying heavy sediment loads from soil runoff or flooding

Art and Culture (6)

  • Harikatha – Art of Story telling in South India

  • UNESCO Heritage Sites – Rani-ki-Vav, Khangchendzonga National Park, Chandigarh Capitol Complex

  • Kandaangi or Chettinad Cotton Saree – Indian Handloom Brand Tag

  • Losar Festival – Ladakh

  • Wangala Festival – Post harvest in Meghalaya

  • Dipa Karmakar - Tripura – Musical Instruments – Sumui (flute), Sarinda, Kham (Drum), Lebang-Lebangti

Sports (6)

  • Olympics & Paralympics

  • Indians in Olympics & Paralympics

  • PV Sindhu - Ace Shuttler

  • Padmini Rout - Chess

  • Sakshi Makil – Repechage allows participants who failed to meet qualifying standards by a small margin to continue to the next round.

  • Decision Review System (DRS): Technology-based system used in sport of cricket for the sole purpose of reviewing controversial decisions made by on-field umpires as to whether or not a batsman had been dismissed.

Decision Review System (1)

  • Footage from TV cameras placed around the ground

  • Hot Spot: Infrared camera system highlights parts of the bat and body that have been hit by the ball

  • Hawkeye: Ball-tracking system to check leg before wicket decisions

  • Realtime Snickometre: Waveform of the sound captured by a stump microphone

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