Current Affairs, 08 November
Paper 1:Topic: Indian
culture will cover the salient aspects of Art Forms, Literature and
Architecture from ancient to modern times.
Supreme Court has refused to pass an interim stay on the Ordinance allowing
kambala, the traditional buffalo slush track race. However, the apex court has
agreed to examine the Constitutional validity of the Ordinance.
People for the Ethical Treatment of Animals (PETA), a non-governmental
organisation, had challenged the Ordinance.
in its traditional form is non-competitive with buffalo pairs made to race one
after another in paddy fields, which is considered a thanksgiving to the Gods
for protecting the animals from diseases.
it has become controversial?
the years, it has however become an organised sport with animal rights
activists claiming that the buffaloes run in the race due to fear of being
beaten, which the organizers dismiss, saying no violence is involved and that
several modifications had been made to ensure that it is an animal friendly
Sources: the hindu.
Topic: Role of women and women’s
organization, population and associated issues, poverty and developmental
issues, urbanization, their problems and their remedies.
SHe-Box Online Complaint Management System
ensure the effective implementation of the Sexual Harassment of Women at
Workplace (Prevention, Prohibition and Redressal) Act (the SH Act), 2013, the
government has launched a comprehensive SHe-Box.
is an online complaint Management System for women working in both public and
private organizations to lodge complaints of sexual harassment at workplace.
a complaint is submitted to the portal, it will be directly sent to the ICC/LCC
of the concerned employer. Through this portal, the Ministry of Women and Child
Welfare as well as complainant can monitor the progress of inquiry conducted by
The new SHe-Box portal offers
the facility of making online complaints of sexual harassment at workplace to
all women employees in the country including government and private employees.
Those who have already filed a
written complaint with the concerned Internal Complaint Committee (ICC) or
Local Complaint Committee (LCC) constituted under the SH Act are also eligible
to file their complaint through this portal.
SHe-Box will also provide a
platform to various empanelled institutes/organisations to share their capacity
building activities with the Ministry which in turn will be able to monitor the
activities of these institutes/organizations so empanelled from across the
Paper 2:Topic: Statutory, regulatory and
various quasi-judicial bodies.
Insolvency and Bankruptcy Board of India (IBBI)
and Bankruptcy Board of India (IBBI) has amended its Corporate Insolvency Resolution Process
Regulations to ensure that as part of due diligence, prior to approval of a
Resolution Plan, the antecedents, credit worthiness and credibility of a
Resolution Applicant, including promoters, are taken into account by the
Committee of Creditors.
move is aimed at ensuring that the Corporate Insolvency Resolution Process
results in a credible and viable Resolution Plan.
and Bankruptcy Board of India was set up on 1st October 2016 under the
Insolvency and Bankruptcy Code, 2016 (Code). It is a unique regulator:
regulates a profession as well as transactions.
It has regulatory oversight
over the Insolvency Professionals, Insolvency Professional Agencies and
It writes and enforces rules
for transactions, namely, corporate insolvency resolution, corporate
liquidation, individual insolvency resolution and individual bankruptcy under
It is a key pillar of the
ecosystem responsible for implementation of the Code that consolidates and
amends the laws relating to reorganization and insolvency resolution of
corporate persons, partnership firms and individuals.
This is done in a time bound
manner for maximization of the value of assets of such persons, to promote
entrepreneurship, availability of credit and balance the interests of all the
structure of IBBI:
IBBI has a ten-member board including a Chairman. Following is the structure of
Three members from Central
Government officers not below the rank of Joint Secretary or equivalent.
One nominated member from the
Five members nominated by the
Central Government; of these, three shall be whole-time members.