Prelims Pinpointer 19-05-2026

daily prelims current affairs

About UAPA

  • UAPA was enacted to ensure more effective prevention of unlawful activities of individuals and organisations and to combat terrorist activities.
  • The Act defines unlawful activity as any action that exercises unauthorised authority over any part of Indian territory.
  • Any action that undermines sovereignty or impairs the integrity of India also qualifies as unlawful activity.
  • The Central Government holds the power to declare any organisation as a terrorist organisation.
  • The law is applicable to both Indian and foreign nationals across the whole of India.

Applicability

  • UAPA also extends to:
    • Citizens of India residing or present outside India.
    • Persons in service of the Government, regardless of their location.
    • Persons on ships and aircraft registered in India, wherever they may be.

Investigation

  • Investigation under UAPA may be conducted by officers of the rank of DSP or ACP or above.
  • The investigation must be completed within 90 days of arrest.
  • A charge sheet must be filed within a maximum of 180 days after arrest.
  • If investigation is not completed within the stipulated time, the accused becomes eligible for default bail.

Issues Related to UAPA

  • The Act provides for an extended period of arrest, during which normal bail cannot be granted.
  • Regular bail is also subject to the satisfaction of the presiding judge.
  • The process involves longer pre-trial periods and extended imprisonment for those convicted of terror crimes.

Amendments

  • The 2004 Amendment added “terrorist act” to the list of offences under the Act.
    • Prior to 2004, unlawful activities referred only to actions related to secession and cession of territory.
  • The 2019 Amendment empowered the Central Government to designate individuals as terrorists on certain grounds.
    • The Director-General of NIA was empowered to approve seizure or attachment of property when a case is under NIA investigation.
    • Officers of the NIA of the rank of Inspector or above were empowered to investigate terrorism cases.
    • Earlier, this investigative power was restricted to officers of the rank of DSP or ACP only.

Context: The Directorate of Revenue Intelligence (DRI), Hyderabad zonal unit, seized two live Indian Red Sand Boa snakes in Warangal, Telangana during an undercover decoy operation.

About Red Sand Boa

  • Scientific name of the Red Sand Boa is Eryx johnii and it belongs to the subfamily Erycinae of the family Boidae.
  • It is commonly known as the Indian Sand Boa and is a non-venomous species.
  • It is found throughout the dry parts of the Indian subcontinent.
  • The species is ovoviviparous (gives birth to live young from eggs retained inside the body) and nocturnal in nature.
  • It spends the majority of its time underground.
  • Distribution
    • The species is endemic to Iran, Pakistan, and India.
  • Physical Characteristics
    • It is a primarily reddish-brown and thick-set snake growing to an average length of 75 cm.
    • Its tail is almost as thick as the body, giving it the appearance of being “double-headed.”
  • Conservation Status
    • IUCN Red List: Near Threatened.
    • Wildlife Protection Act, 1972: Schedule IV.
    • CITES: Appendix II.

About DRI

  • DRI was constituted in 1957 as India’s apex anti-smuggling intelligence and investigation agency.
  • It functions under the Central Board of Indirect Taxes and Customs (CBIC), Ministry of Finance.
  • DRI enforces provisions of the Customs Act, 1962 and over fifty other allied Acts.
  • These allied Acts include the Arms Act, NDPS Act, COFEPOSA, Wildlife Act, and Antiquities Act.

Functions

  • DRI detects and curbs smuggling of contraband including drug trafficking and illicit wildlife trade.
  • It also combats commercial frauds related to international trade and evasion of customs duty.
  • It collects, analyses, and disseminates intelligence to field formations across the country.
  • It maintains statistics of seizures and prices to monitor smuggling trends and movement of contraband.
  • It suggests remedies for fixing loopholes in existing laws and procedures.

Structure and Network

  • DRI has a nationwide network of zonal, regional, and sub-regional units and intelligence cells.
  • DRI has been designated as the lead agency for S-CORD, the national anti-smuggling coordination centre.

International Collaboration

  • DRI participates in international customs collaboration through Customs Mutual Assistance Agreements of CBIC.
  • Such agreements exist with over 60 countries, focusing on information exchange and adoption of best practices.

About SPRs

  • SPRs are government-maintained stockpiles of crude oil meant to ensure energy security during supply disruptions.
  • These exist in addition to the commercial stocks held by private oil companies.
  • SPRs are managed under a Special Purpose Vehicle called Indian Strategic Petroleum Reserves Limited (ISPRL), established in 2004.
  • The nodal ministry is the Ministry of Petroleum and Natural Gas.

Storage Technology

  • Crude oil is stored in underground rock caverns located deep below the ground.
  • These facilities are usually situated near coastal areas.
  • Current Capacity
    • India’s SPRs currently have a total capacity of 5.33 Million Metric Tonnes (MMT).
    • This capacity is sufficient to meet approximately 9.5 days of India’s crude oil supply requirements.

Facilities

  • Phase-I SPR Facilities (5.33 MMT): Operational
    • Visakhapatnam — Andhra Pradesh.
    • Mangaluru — Karnataka.
    • Padur — Karnataka.
  • Phase-II Expansion (Approved in 2021)
    • Phase-II will add an additional 6.5 MMT of storage capacity.
    • New facilities are planned at Chandikhol (Odisha) and Padur Phase-II (Karnataka).

About WMO

  • WMO is a specialised agency of the United Nations dealing with meteorology and related sciences.
  • It originated from the International Meteorological Organization (IMO), founded in 1873.
  • WMO was formally established in 1950 as the UN’s specialised agency for meteorology, operational hydrology, and related geophysical sciences.
  • It serves as the UN system’s authoritative voice on the state and behaviour of the Earth’s atmosphere.
  • Its mandate covers the atmosphere’s interaction with oceans, climate, and distribution of water resources.
  • Its primary goal is to facilitate international cooperation in meteorology, hydrology, and related environmental fields.
  • Headquarters of WMO is located in Geneva, Switzerland.

Governance Structure

  • World Meteorological Congress is WMO’s supreme governing body, comprising representatives of all members.
  • The Congress meets at least every four years to set general policy and adopt regulations.
  • Executive Council consists of 36 members and meets annually to implement policy.
  • Secretariat is headed by a Secretary-General appointed by the Congress for a four-year term.

Membership

  • WMO has 193 members comprising 187 Member States and 6 Territories.
  • All members maintain their own meteorological services.

Context: PM Modi urged citizens to reduce spending on petroleum products, edible oils, gold, and foreign travel to cut foreign currency outgo.

Merchandise Trade Deficit

  • India’s merchandise trade deficit reached a record USD 333 billion in 2025-26.
  • This marked an increase of over 17% compared to the immediately preceding year.
  • Total imports rose 7% to an all-time high of USD 775 billion in 2025-26.
  • Exports remained nearly stagnant at USD 442 billion during the same period.

Key Import Drivers in 2025-26

  • Precious Metals: Gold and silver imports were valued at over USD 90 billion, accounting for 12% of the total import bill.
    • Precious metals ranked as the third largest import category after crude oil and electronics.
  • Gold imports rose by 24% and silver imports surged by 150% over the previous year.
    • Overall gems and jewellery imports increased by nearly 25%, while exports of the same declined by over 5%.
    • Gold imports further accelerated by 82% in April 2026 compared to the year before.
  • Edible Oils: Edible oil imports rose by over 12% in 2025-26 and accelerated to 40% in April 2026.
    • Imports accounted for over 56% of India’s total edible oil demand in 2023-24.
  • Fertilizers: Fertilizer imports met between 31% to 37% of India’s requirements over the past five years.
    • Urea imports increased by over 60%, with fertilizer import share expected to exceed 50% in 2025-26.
    • Disruptions from the West Asia war pushed India’s fertilizer import bill up by nearly 80% in 2025-26.
  • Electronic Components: Electronic component imports grew by over 20% in the previous fiscal year.
    • Imports of accumulators and batteries for electric vehicles increased by 50% in 2025-26.

Pressure on the Rupee

  • A rising trade deficit has put pressure on the already weakened Indian rupee.
  • The RBI has been selectively intervening in markets to prevent a free-fall of the currency.
  • India’s foreign currency reserves fell by over USD 21 billion since the end of February 2026.

Context: The Central Information Commission (CIC) ruled that BCCI does not qualify as a “public authority” under the RTI Act. The CIC held that BCCI is neither directly nor indirectly financed by the government. Under Section 2(h)(d) of the RTI Act, 2005, a body must be substantially financed by government funds to qualify as a public authority.

Scale of Usage

  • More than 3.5 to 4 crore RTI applications have been filed across India since its implementation.
  • Around 60 to 65 lakh applications are filed annually across the country.
  • Central Government departments receive approximately 10 to 12 lakh applications per year.
  • Ministries receiving the highest RTI volumes include Home Affairs, Railways, Finance, and Personnel.

Disposal and Rejection

  • Central public authorities dispose of over 90% of RTI applications filed each year.
  • The rejection rate typically ranges between 5 to 10 percent.
  • Common grounds for rejection include national security concerns, personal information exemptions, and information not available in records.

Appeals and Backlog

  • More than 3 lakh second appeals and complaints are pending across Central and State Information Commissions combined.
  • The Central Information Commission alone has often had 20,000 to 30,000 pending cases at a time.
  • In some states, appeal disposal waiting time can extend beyond 6 to 12 months.

Penalties Under Section 20

  • A penalty of ₹250 per day can be imposed on a Public Information Officer for undue delay.
  • The maximum penalty per case is capped at ₹25,000.

Context: The Food Corporation of India (FCI) plans to raise ₹50,000 crore as short-term debt from scheduled banks for a three-month tenure. FCI also has a Green Shoe Option to raise an additional ₹25,000 crore if needed.

About Green Shoe Option

  • It is also known as an over-allotment option and is a provision in an IPO or FPO.
  • It allows underwriters to sell additional shares beyond the original issue size in case of excess demand.
  • It functions as a price stabilisation mechanism to prevent excessive post-listing volatility.
  • The term originates from the Green Shoe Manufacturing Company (now Stride Rite Corporation), which first used it in its 1919 public offering in the United States.

Key Features

  • Underwriters are permitted to over-allot up to 15% more shares than the original issue size.
  • Extra shares are held by the stabilising agent in a separate Green Shoe Account.
  • The stabilisation period after listing must not exceed 30 calendar days from the date of allotment.
  • If the share price rises above the issue price, underwriters allocate additional shares to meet demand.
  • If the share price falls below the issue price, underwriters buy back shares from the open market to support the price.

Regulatory Framework in India

  • In India, the Green Shoe Option is governed by SEBI under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations).
  • The option is applicable only to public issues of equity shares.
  • A Stabilising Agent (SA), usually the lead book-running manager, is appointed to manage the mechanism.
  • The SA must enter into an agreement with the issuer and disclose the option details in the prospectus.
  • The SA must maintain detailed records of market transactions, buybacks, and price movements.

Limitations

  • Price stabilisation under this option is temporary and limited to the stabilisation period only.
  • It is not applicable to all securities offerings and only covers certain categories of public issues.

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