In civil service examination, current affairs play a very important role. In this article, we will be knowing how to prepare for current affairs, with an example.
UPSC is considered as the mother of all exams in India.
UPSC conducts an exam called CIVIL SERVICE EXAMINATION, which is a dream, of most of the Indian youth.
Why this UPSC exam is considered so hard?
Because of the unpredictable nature of UPSC questions, prelims make themselves unpredictable, that’s the reason why it is considered as the mother of all exams, and the number of post is very less compared to number of applicants so success ratio is very less.
Firstly, what is UPSC?
Established on 1 October 1926, by the government of India act 1935.
UPSC is a premier central recruiting agency, which is responsible for appointing ALL INDIA SERVICES AND Group A and group B Services.
This independent constitutional body report directly to the president. In addition, it can also advise the government through the President. However, this advice is not binding to the government.
This commission is headquartered at Dholpur House in NEW DELHI and at present, PRADEEP KUMAR JOSHI been the chairperson of UPSC.
Article 315 to 323 or part XIV of constitution deals with the above-mentioned words.
What is Civils Service Examination (CSE)?
Civil Services Examination is organized by UPSC,
Warren Hastings, the governor-general of Bengal had created the designation called DISTRICT COLLECTOR in 1772.
CHARLES CORNWALLIS is known as the ‘Father of civil service in India‘.
First open comparative examination for the civil service was first held in 1855.
Secondly, how to prepare for current affairs?
Let me consider few examples to make you understand what kind of news to be read for current affairs? and in coming paragraph, I would like to tell which are the topics, which are not so favorite to UPSC.
Which plays a major part in current affairs?
In Civil Service Examinations, current affairs play a huge role, fine then what is current affairs? which is nothing but a newspaper.
Dear friends, in this respective article I would like to share or tell you how to conquer this current affairs part for your preparation.
When a person is started to prepare for a civil service examination, which is not just an exam like your academic examination, it is an unspoken emotional attachment and a prolonged journey.
When someone steps into this preparation zone, hundreds of questions will be bouncing in his or her mind. In those hundred, how to prepare for current affairs is one in the top list.
Current affairs are something which tells about the daily news, perhaps UPSC wants its candidates to know about the in and out of the country, whether it is Economy related, Geographical, International relationship, defense and much more.
Each year we can expect a minimum of 17+ questions in this current affairs part, in other words, more than 34marks, each civil service aspirants know the importance of 34 marks, am I correct?
Thirdly, what should be the source to prepare for current affairs?
When it comes to preparing for UPSC.
Each book markets and bookstore are flooded with the current affairs, magazine, notes, has the spoon-feeding increased by the tuition institution;
we saw a change in question patterns of UPSC which made us once again remember that UPSC is unpredictable.
GENEROUSLY FOLLOW ONE NEWSPAPER, my dear friends I personally recommend you THE HINDU or TIMES OF INDIA.
Do not be upset if you cannot read or understand topics in newspaper.
It takes time for each individual, which in turn depends on himself or herself. As days go on the time taken to read the paper also decreases day by day, so I like to tell, CONSISTENT IS IMPORTANT.
DON’T BE A BOOK OR MAGAZINE COLLECTOR.
READ ONE MAGAZINE. For an instance, magazine like YOJANA.
DO NOT GIVE TOO MUCH TIME FOR CURRENT AFFAIRS, DO NOT GIVE MORE THEN 1.30HRS PER DAY.
REVISION IS THE KEY.
LET’S HAVE AN EXAMPLE HERE
This article is from THE HINDU
Link source THE HINDU
Thursday’s sentencing comes weeks after Paris-based global money laundering and terrorist financing watchdog – the Financial Action Task Force – retained Pakistan on its grey list till February 2021 as Islamabad failed to fulfil the agency’s six key obligations, including failure to take action against two of India’s most wanted terrorists – Saeed and Maulana Masood Azhar.
From the above-mentioned article I have copied, a small para to give an instance. Here the key word is, FINANCIAL ACTION TASK FORCE.
Now what you should do is to make notes on that topic and I prefer to do notes in online mode.
Because, if you see the same word again in later days you can just point down so by doing it for yearlong, you will be having knowledge on almost everything on the topics.
Coming to next tip, never ever try to go in too depth of the topic, just see what actually it is. What’s its relationship with India?
For exam, let us make a note on financial action task force.
What is Financial Action Task Force?
- Financial Action Task Force (FATF), also known by its French name, Groupe d’action financière (GAFI), is an inter-governmental body established in 1989 by a group of Seven (G-7) summit that was held in Paris.
- The Financial Action Task Force (FATF) is the global money laundering and terrorist financing watchdog.
- FATF was initially established to develop policies to combat money laundering.
- In 2001, it included terrorism financing along with money laundering.
- In April 2012, it added efforts to counter the financing of proliferation of weapons of mass destruction.
Why FATF came into existence?
- The rise of the global economy and international trade has given rise to financial crimes such as money laundering.
- The Financial Action Task Force (FATF) gives directions for fighting financial crime, analyses member’s policies, and protocols, and seeks to increase acceptance of anti-money laundering regulations across the world.
Objectives of FATF
- The objectives of the FATF are to set standards and encourages effective implementation of legal, regulatory, and operational measures for fighting money laundering, terrorist financing, and other related threats to the integrity of the international financial system.
FATF Secretariat is located at the Organization for Economic Cooperation and Development (OCED) headquarters in Paris.
Members of FATF
- The FATF currently consists of 37 member jurisdictions and 2 regional organizations, representing most major financial centers in all parts of the globe. And includes observers and associate members.
- India is one of the members
- The FATF president is a senior official appointed by the FATF board from among its members for a term of one year. The term of the president begins on July 1 and ends on June 30th of the following year.
- Dr. Marcus Pleyer of Germany assumed the position of the FATF on 1 July 2020. He succeeded Xiangmin Liu of the People’s Republic of China.
- FATF has two lists: Grey List and Black List
- Grey List: Countries that are considered safe heaven for supporting terror funding and money laundering are put in the FATF Grey List. This inclusion serves as a warning to the country that it may enter the blacklist.
- Black List: Countries known as Non – Cooperative Countries or Territories (NCCTs) are put in the Black List. These countries support terror funding and money laundering activities. The FATF revises the blacklist regularly, adding or deleting entries.
India became an Observer at FATF IN 2006. India had been working towards full-fledged membership. On June 25, 2010, India was taken in as the 34th country member of the FATF.
Consequences of being in the FATF Grey List :
- Economic sanctions from IMF, World Bank, ADB
- The problem is getting loans from IMF, World Bank, ADB, and other countries.
- Reductions in international trade.
- International boycott.
In this way you can make notes on current affairs topics, where you will have complete basic and advanced knowledge regarding the topics which is more sufficient for the exam.
If you come across topics that are relevant to syllabus, just make notes that includes basic information about it. Always make current affairs notes in simple and short .
Because you will have to read at least one year current affairs which is already huge.
Most importantly do not make bulky and large notes on simple topics.