Editorials/Opinions Analysis For UPSC 05 August 2022
Contents
- Should RBI limit its intervention in currency market?
- Family Courts (Amendment) Bill
Should RBI limit Its Intervention In Currency Market?
Context
- According to the IMF’s recently published External Sector Report 2022, the RBI’s intervention in the currency market should be limited to addressing disorderly market conditions.
- External Sector Report, published annually since 2012, analyses global external developments and provides multilaterally consistent assessments of the world’s largest economies’ external positions.
Relevance
GS Paper – 3: Important International Institutions
Mains Question
What are the most common criticisms levelled at the World Bank and the IMF? Discuss. (150 Words)
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Family Courts (Amendment) Bill
Context
The Rajya Sabha has approved the Family Courts (Amendment) Bill, which aims to provide statutory protection to family courts established in Himachal Pradesh and Nagaland.
Relevance
GS Paper – 2: Government Policies & Interventions, Judiciary
Mains Question
What exactly are family courts? How do they work? Are they a good alternative dispute resolution forum? Examine. (250 Words)
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