Mains Marathon – UPSC Mains Current Affairs Questions – January 10

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11 responses to “Mains Marathon – UPSC Mains Current Affairs Questions – January 10”

1. 

   Chandraprakash Kumar

   January 10, 2017

   Green bonds have emerged as key financing mechanism driving India’s transition to greener future. This recent growth is because of following reasons-

   1) India’s commitment to Paris Climate Accord to reduce dependence on fossil fuels and increase green infrastructure

   2) Increase in solar projects due to reduction in tariffs, better ROI and better involvement of DISCOMs due to which green financing has increased

   3) Recent listing of green masala bonds by Yes Bank in LSE with International Finance Corporation

   4) Demand for Cap & Trade from developed nations to meet Carbon Credit

   5) Regulatory mechanism introduced by SEBI and RBI for the green bond financing

   However this bond market faces following issues-

   1) Lack of liquid market to trade

   2) Lack of Credit rating or rating guidelines for green projects and bonds

   3) Lack of historical trends on the bond performance

   4) Industry is still in nascent stage and under developed

   Therefore in order to make use of full potential following methods are suggested-

   1) CRISIL, ICRA to install credit rating models for green bond financing so that market becomes liquid

   2) Ratings to make bonds more cheaper

   3) BRICS Bank to rate for masala green bonds

   4) GOI to set up Exchanges in GIFT (Gujarat) specifically to promote green bonds

   5) Merchant Bankers to introduce new products like securitiesed green bonds for making it available to large number of customers

   6) Green Bond to be included in Companies Act as part of CSR investment, Regulatory requirement to boost the market

   Green bond is a recent concept however considering our commitments to COP21 Paris Accord we should promote such innovative techniques to promote renewable financing in India.
2. 

   ForumIAS

   January 10, 2017

   Thanks Ishaan.
3. 

   ForumIAS

   January 10, 2017

   Beginners ke liye hi hai 🙂
4. 

   Pankaj Nimbolkar

   January 10, 2017

   ( 203 Words })
   https://uploads.disquscdn.com/images/66e438854c08e82e4f1c7b257df17fd535c93020b921e5c911b84343be3a6791.jpg https://uploads.disquscdn.com/images/70642a1a473c157be4581eaa5f80039b62433432ae02ddcdaa1150f16728e194.jpg
5. 

   Bhaisaab

   January 10, 2017

   Thank you sir.
   Rectify Diaspora typo.
   ..Aur haan,..Yahan beginners ke liye bhi kuch writing la scope hai kya?
6. 

   ISHAAN

   January 10, 2017

   gm forumias
   ty sooo much 🙂
7. 

   Indu Rajendran

   January 10, 2017

   The Aadhaar system,centred on biometric data captured to improve access to social services :
   1.Technology ownership -it offers a digitally verification identity,which made it possible for those enrolled to choose cash at an enabled banking facility.
   2.Wages also credited to the bank account of the worker with liked aadhaar card.
   It against:
   1.Cashless economy involves exchange of digital money so called digital wallet,which requires smartphone to work but only 17% of Indian population owned smartphones.
   2.Many tribal communities and rurals to isolation,making it hard to enter into the digital space because of illiterate.
   3.Opening a bank accouis not a simple procedures that make many vulnerable citizens do not know how to get into.

   Aadhaar based system is the forward move can increase programme delivery by reducing leakage.
   And easy access of bank system will get into the digital economy.
8. 

   ForumIAS

   January 10, 2017

   🙂
9. 

   ForumIAS

   January 10, 2017

   Thanks!!
10. 

    EMPEROR RELOADED

    January 10, 2017

    Thank you @ForumIAS
11. 

    Pankaj Nimbolkar

    January 10, 2017

    Thank you sir

    Very important questions