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6th April 2018 Part-2: Daily News Analysis
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Jatin Verma is teaching live on Unacademy Plus

Jatin Verma
Have appeared in UPSC CSE thrice. Have been taking Unacademy Plus courses Academics- Polity, Economics & Current Affairs.

U
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please maintain the continuity and try to lessen the gap of actual date and the DNA news update date.. Jatin sir.
In economics, the Gini coefficient (sometimes expressed as a Gini ratio or a normalised Gini index) is a measure of statistical dispersion intended to represent the income or wealth distribution of a nation's residents, and is the most commonly used measurement of inequality.
Shukriya sir, Aap jo hum sab ke liye itna hardwork kar rahe ho!!!
सर, कृपया इसे रेगुलर करें, समय बहुत कम रह गया है, plz
Thnku sir.. n plz regular kijiye... DNA
  1. want to be startin anses hoiag 2 but th Important News Articles Taking Delhi/Noida edition as the bas<e Page 1: Nepal not worried by debt trap: Page 11 News: What Nepal needs is India's friendship and support for growth y hav reve Page 3 East News: Up to 50% hike in Assam MLAs, pay he * Page 5 South News: SC raps Kerala on illegal medical admissions Page 7 Nation News: 'Tax on alcohol, tobacco to benefit poor' Page 10 News: Govt. forms committee to regulate news portals Page 10 News: Can DNA be taken for Aadhaar, asks judge Page 11 News: 'Data of over 5.6 lakh Indian users may have been tapped' Page 13 Business News: 'RBI holds rates; cuts inflation forecast' Page 13 Business News: RBI bars banks from dealing with virtual currencies Page 13 Business News: RBI fiat on payment system operators' data Nation News: Wilful default of loans hits honest taxpayers, says Kovind hink h fferent et two bo a pu Ivi rk and t stay have


  2. want to be startin anses hoiag 2 but th Page 10 News: Can DNA be taken for Aadhaar, asks judge Justice D.Y. Chandrachud pointed out how the Aadhaar Act could allow the State, in future, to seek DNA, hair and even semen samples from citizens as "biometric information." het y hav A 5-judge Bench led by Chief Justice Dipak Misra hearing, challenged the biometric ID programme, while referring to the open-ended language of Section 2(g) of the Aadhaar Act, which defines biometric:s laye Section 2 (g) defines "biometric information" as "photograph, fingerprint, iris scan, e - or such other biological attributes of an individual as may be specified by regulations." hink h causeb ferent et t Arguments against: The Act does not specify what the phrase 'other biological attributes' means. Nor does the Act prescribe any limit to biometric information As of now, iris and fingerprint scans are taken. a pu OLIse rk and t stay An executive authority could "expand" the meaning of biometrics through an leksa administrative order under Section 2 is ch arded that


  3. want to be startin anses hoiag 2 but th Arguments against (contd.): Aadhaar was not a panacea for every crime. In the case of bank frauds, Aadhaar can't do much. welfare benefits should reach the poor while money-laundering and tax evasion should end. However, whether this will meet the test of proportionality is questionable. y hav phe reve he The court questioned the government's logic that the Aadhaar-mobile phone linking would help to check terrorism Counter Argument in favour: Aadhaar would help to combat poverty. hink h causeb ferent The biometric system was safe and accurate and would help to prevent money- laundering, bank frauds and income tax evasion. Bank frauds, causing losses of up to thousands of crores, was not facilitated by the perpetrators with multiple identities. et t r and t stay These frauds occurred for lack of diligence on the part of banks and because bank employees were hand-in-glove with the perpetrators. If Aadhaar is linked to bank accounts, whenever there is a transaction it wil be leksa ch revealed arded that


  4. want to be startin anses hoiag 2 but th Page 10 News: Can DNA be taken for Aadhaar, asks judge (contd.) Counter arguments: If Aadhaar is linked to bank accounts, whenever there is a transaction it will be y hav revealed. However, whether Aadhaar will meet the test of proportionality, is reve uestionable. The court questioned the government's logic that the Aadhaar-mobile phone linking laye would help to check terrorism. Justice Sikri said an entire population could not be viewed as defaulters. He challenged the government's argument that the right to food,a employment and medical care superceded the right to privacy. The judge likened the exchange of right to food for individual privacy to "slavery." hink h causeb ferent et t Mr. Venugopal argued that Aadhaar would help to combat poverty. Justice Sikri said a pui the gap between the rich and the poor was widening, with 70% of the wealth lying in eats the hands of a mere 190 rk and t stay


  5. want to be startin anses hoiag 2 but th Page 11 News: 'Data of over 5.6 lakh Indian users may have been tapped Facebook admitted that data of over 5.6 lakh users of the social media platform in India may have been accessed without their consent. FB is investigating the specific number of people whose information was accessed by y hav ph re app, including those in India. The numbers that we have now are that only 335 people in India installed the app thisisvourdigitallifel, which is 0.1% of the app's total worldwide installs. Facebook has over 20 crore users in the country . A total of 562,455 are potentially affected people in India, which is 0.6% of the global race hink h et t number of potentially affected people. a pu Facts on the matter OLIse The U.K.-based Cambridge Analytica is accused of misusing data of millions of Facebook users to profile and influence voting behaviour. The Indian government then sent out separate notices to Cambridge Analytica and FB, seeking response on whether data of Indian users was used t stay leksa is ch Cambridge Analytica has sought time to respond to the queries, arded


  6. want to be startin anses hoiag 2 but th Page 11 News: 'Data of over 5.6 lakh Indian users may have been tapped The government will wait for responses from Cambridge Analytica before deciding on the further course of action y hav In its response, Facebook reiterated that it did not agree to Cambridge Analytica's use ne s of any Facebook user data to be collected by this app reve Cambridge Analytica's acquisition of Facebook data through the app happened without its authorisation and was an explicit violation of its Platform policies hink h The app was developed by Dr. Aleksandr Kogan and his company Global Science ferent Research Limited ("GSR") a pu OLIse rk and t stay is ch


  7. Page 13 Business News: 'RBI holds rates: cuts inflation forecast' : RBI holds rate, cuts Hl inflation forecast to 4.7-5.1% on lower food prices The RBI kept interest rates unchanged in the first policy meeting of 2018-19, as expected, but surprised markets with a dovish tone that some interpreted as opening up he possibility of a rate cut The six-member monetary policy committee (MPC) opted, by majority, to hold the repo rate at 6o, with a sole member in favour of 25 bas s points hike RBI lowered its inflation projection sharply from previous forecasts, but flagged risks on the upside on the revised numbers. The RBI expects retail inflation in March at 4.5%, down from 5.1% it projected in Feb 0 said several factors were expected to accelerate the pace of economic activity a pui in 2018-19 Importantly, it emphasised that excluding the impact of HRA of the 7th pay commission for central government employees, consumer price inflation is projected at 4.4-4.7% for April-September, and at 4.4% for October-December


  8. want to te tartirsp Mames, heissp 2 but th Page 13 Business News: 'RBI holds rates: cuts inflation forecast' (contd.) Factors expected to accelerate the pace of economic activity: Investment demand accelerated in the second half of 2017-18. y hav Recent high frequency indicators point to further strengthening with capital goods reve he production registering a 19-month high growth in January this year. GDP growth is projected to strengthen from 6.6% in 2017-18 to 7.4% in 2018-19. Revival in investment activity and sustained improvement in global demand. hink h causeb ferent The MPC noted that growth has been recovering and the output gap is closing which is also reflected in a pick-up in credit offtake in recent months. a pu This was an unexpectedly dovish policy with the RBI highlighting inflation risks but at the same time revising their forecasts downward: chief economist, HDFC Bank. r and t stay The RBI's inflation outlook cheered the markets as the yield on 10-year overnment bond slid 16 bps to a four month low of 7.13% leksa is ch arded that


  9. want to be startin anses hoiag 2 but th Page 13 Business News: RBI bars banks from dealing with virtual currencies RBI has asked banks to stop providing service to any entity dealing with virtual currencies, with immediate effect. Three-month deadline y hav ht rev Regulated entities that are already providing such services should exit the relationship he p within three months. laye After advising all stakeholders about the risks of virtual currencies, RBI had decided to ** ring-fence the RBI regulated entities from the risk of dealing with entities associated with virtual currencies. ferent RBI recognises that the blockchain technology or distributed ledger technology has a apu, potential benefit for financial inclusion. RBI believes they can be exploited for the benefit of the economy. rk and t stay RBI would explore introducing digital currency and had formed an interdepartmental group to study and provide guidance on its desirability and feasibility. The report will be submitted by end-June 2018 ch that


  10. want to be startin anses hoiag 2 but th Page 13 Business News: RBI bars banks from dealing with virtual currencies RBI has said all payment system operators' data must be stored only within the country. has given the operators six months to comply with the directive. y hav ph RBI said: reve he The move is intended to give unfettered access to all payment data for supervisory . In recent times, the payment ecosystem in India has expanded considerably with the Ensuring the safety and security of payment systems data by adoption of the best global risks from data breaches while maintaining a healthy pace of growth in digital "The RBI also deferred the implementation of Indian Accounting Standards (Ind AS) Scheduled Commercial Banks (SCBs), excluding regional rural banks (RRBs), were laye purposes emergence of new payment systems, players and platforms. standards and their continuous monitoring and surveillance is essential to reduce the i payments. hink h causeb ferent et t rk and t stay for banks by one year leksa is ch required to implement Ind.AS from April 1,2018. arded


  11. Thank you Jatin Verma 155k Followers Follow Ratings & Reviews Roman Saini A great course by Jatin Verma where he has literally covered all the important news from The Hindu. Must watch. Mohit Rai If i achieve my aim, my first salary will go to this great individual making this great informative and well-researched videos. I should take this opportunity to thanlk and congratulate him for the wonderful work he is doing for all the aspirants. He is meticulous and almost perfect in his approach and understanding. Please keep making such videos as a single 26k Enrollments Enroll