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PSIR OPTIONAL (PAPER-2)2020 UPSC

  Section A 1. Answer the following in about 150 words each: (10 X 5 = 50 Marks ) A. Discuss the subject matter of comparative politics. Outline the limitations of comparative political analysis. B. Analyse the contribution of liberal democratic principles in the democratization of Indian polity. C. Has the increased participation of the underprivileged in the political process of the developing societies strengthened democracy or created political chaos and conflict? Comment. D. Critically examine the impact of the process of globalization from the perspective of the countries of the Global South. E. What are the core assumptions of idealism as an approach to study International Relations? Explain its continuing relevance in peace building. 2. A. Explain the concept of balance of power. What are the various techniques of maintaining balance of power? (20 Marks) B. Enumerate the challenges In the operation of the principles related to collective security in the UN Charter. (15 Marks) C
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BANKING REGULATION (AMANDEMENT) ACT,2020

 The Banking Regulation Act has been amended by the Banking Regulation (Amendment) Act, 2020. The key changes in the regulatory regime of UCBs pursuant to the Banking Regulation (Amendment) Act, 2020 are as under:  • The Reserve Bank has been given powers over the management of the UCBs, owing to which it can issue directions relating to the management of UCBs including approval for appointment of Chairman / MD / CEO, removal and remuneration of MD / CEO. Further, the Board of UCBs would be required to have not less than 51 per cent members having special knowledge / practical experience in specified areas.  • The statutory restriction on grant of director-related loans/ advances has been widened and common directorship across banks shall be prohibited as per the provisions of the amended Act.  • The Reserve Bank has been vested with powers of approval of the appointment / removal of statutory auditors of UCBs.   • Provisions of the revised Act will enable UCBs to raise capital by i
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