The Hindu – 30 June 14 – An eventful year on Mars

The Hindu – 30 June 14 – An eventful year on Mars

On June 24, the National Aeronautics and Space Administration’s Mars rover, Curiosity, which soft-landed on the floor of the Gale Crater on a never-before-used contraption called sky crane, successfully completed one Martian year — 687 Earth days. <the achievements>> The rover, a car-sized mini- laboratory on six wheels, has so far travelled nearly 8 km since touchdown. What makes the completion of one Martian year all the more significant is the <1.> rover’s ability to not only survive the harsh environment of the red planet but also <2.> fulfil its primary objective — providing much sought after information on whether past environmental conditions there were favourable for microbial life. <the major aspect>> The most important parameter that can prove that such a condition existed, is the presence of liquid water at some point in the planet’s history. The rover returned abundant and invaluable information that unequivocally confirmed that Mars once had liquid water that was suitable for drinking. Though there are micro-organisms on Earth that thrive in highly acidic and alkaline conditions, such water bodies, in general, are very unsuitable and challenging for microbial existence.

<What confirms the presence of water on Mars??>> The bonanza was indeed the <1.> detection of well-rounded pebbles in the rock layers on a dry river bed. <the logic behind that..>> Sharp-edged stones can become well-rounded only when transported over a long distance and above a particular speed by surface running water. On Earth, rounded pebbles are seen only in the lower reaches of a river. Also,<2.> the deposition of alternate layers of pebbles aligned at a particular angle is strongly suggestive of a paleo-river. The< 3.> presence of clay minerals inside a drilled rock suggests that water was present for extended periods of time. <4.> The detection of mineral orthoclase, abundantly seen in Earth’s crust but never before detected on Mars, in the Windjana sandstone sample is yet another surprise find.

<the challenges ahead>> The biggest question now is whether Curiosity can reconfirm on the ground the latest find of glacial, periglacial and fluvial (including glacio-fluvial) activity within the Gale Crater some 3,500 million years ago. The potential evidence of paleoglaciers was gathered by cameras on board NASA’s Mars Reconnaissance Orbiter and the European Space Agency’s Mars Express. Despite the presence of liquid water, the lack of atmospheric methane greatly reduces the possibility of any extant or extinct microbial life on Mars. Several other unique features detected by Curiosity confirm that our understanding of the red planet is very limited. < Prospects for India & Conclusive Comment>> There is hence every possibility that India’s Mars Orbiter Mission, which will be inserted into the Martian Orbit on September 24 this year, may unearth some unknown facets of the red planet.

 Q: In light of the completion of a year of the NASA’s Mars rover – Curiosity, highlight the achievements and further challenges which await for our understanding of the Red planet.

In which topic of the CS Mains syllabi, can this article fit in? –

  • Paper -2, Effect of policies and politics of developed and developing countries on India’s interests.
  • Paper -3, Science and Technology – developments and their applications and effects in everyday life Achievements of Indians in science & technology; Awareness in the fields of IT, Space, Computers, robotics, nano-technology, bio-technology and issues relating to intellectual property rights.

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The Hindu – 28 June 14 – Opinion

The Hindu – 28 June 14 – Opinion

1) Changing rules of the game of thrones

TAKEAWAY – In the face of US retreating.. the smaller states are likely to expand their arsenals – even the nuclear arsenals- CAN READ.

In which topic of the CS Mains syllabi, can this article fit in? –
  • Paper -2  Effect of policies and politics of developed and developing countries on India’s interests; India and its neighbourhood relations.
  • Paper -3, Security challenges;
  • Paper -4  dimensions of ethics; Ethical issues in International relations; laws, rules, regulations and conscience as sources of ethical guidance; accountability and ethical governance; strengthening of ethical and moral values in governance

2) A step back for education

TAKEAWAY – the relationship between the UGC and India’s universities, Our universities cannot attain global standards till they are freed from excessive officious control and the bureaucratic mindset of regulatory bodies.  MUST READ for understanding the impact on higher education in India.

In which topic of the CS Mains syllabi, can this article fit in? –
  • Paper -2, Statutory, regulatory and various quasi-judicial bodies.
  • Paper -2, Issues relating to development and management of Social Sector or Services relating to Health, Education, Human Resources.
  • Paper -4  Essence, determinants and consequences of Ethics in human actions; dimensions of ethics; ethics in private and public relationships.; role of family, society and educational institutions in inculcating values. laws, rules, regulations and conscience as sources of ethical guidance; accountability and ethical governance; emotional intelligence; Work culture, Quality of service delivery, Utilization of public funds

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The Hindu – 28 June 14 – Many changes to stability

The Hindu – 28 June 14 – Many changes to stability

The ninth edition of the Reserve Bank of India’s Financial Stability Report(FSR), a bi-annual publication, reflects the collective assessment of an expert sub-committee on risks to financial stability. The periodic publication of such reports by the RBI is in line with best practices around the world for major central banks. As in the case of previous editions, <the objectives??>> the recent FSR aims <1.> to promote awareness about vulnerabilities in the financial system. Other important objectives are <2.> to examine the resilience of the financial institutions and <3.> to encourage a debate on the development and regulation of the financial sector. Most of these objectives are also currently being examined at the highest levels of the government and the RBI, in many cases with the help of expert groups. <the issue of bank governance>> For instance, bank governance, which has a substantial bearing on financial sector stability, has been dealt with extensively by the P.J. Nayak Committee whose report is now being discussed at several levels.<what does the report say??>> <1.> The deteriorating asset quality of public sector banks (PSBs) can affect financial sector stability. Although issues of recapitalising them and their ownership are within the domain of government policy, the FSR points out that there is a case to review the governance structures of PSBs with a greater emphasis on market discipline.

On the positive side, <2.> the FSR notes that by many yardsticks the level of capital with commercial banks remains well above the regulatory minimum even under adverse macroeconomic conditions. < 3.> The post-election scenario marked by political stability has improved the economic outlook. The government is in a better position to resolve supply-side issues and help the RBI in its battle against inflation. <4.> The capital markets reflect the expectations on policy measures to address the adverse growth-inflation dynamics and saving-investment balance as also efficient implementation of policies and programmes. <5.> At the global level, the financial markets are showing signs of improved stability although economic growth has not picked up uniformly everywhere. <6.> Easy monetary conditions prevail in many jurisdictions. Their potential unwinding can pose a threat to financial stability in many emerging markets. <7.> Perhaps for the first time a stability report has called for a vigil over “shadow banking entities”, which are inaccurately perceived as being regulated by the RBI. There is an urgent need to eliminate ambiguities relating to these entities. <8.> The FSR calls for better monitoring of the lending operations of insurance companies and the money-spinning treasury operations of large corporations. <Conclusive Comment>> The issues flagged by the FSR will have to be addressed in the budget and the RBI’s credit policies.

Q: Elaborate on the aims and findings of the ninth edition of the Reserve Bank of India’s Financial Stability Report.

In which topic of the CS Mains syllabi, can this article fit in? –

  • Paper -2, Statutory, regulatory and various quasi-judicial bodies
  • Paper -3, Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment; Infrastructure; Investment Models; money-laundering and its prevention.
  • Paper -4, Probity in Governance, Essence, determinants and consequences of Ethics in human actions; dimensions of ethics; laws, rules, regulations and conscience as sources of ethical guidance; accountability and ethical governance; strengthening of ethical and moral values in governance; Probity in governance

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