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Daily Prelims Booster 25th September 2023

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    Daily Prelims Booster 25th September 2023

    1) Personality Rights (PRs): Delhi High Court granted an ex-parte, omnibus injunction restraining entities from using a celebrity’s PRs.  

    • Ex-parte injunction is when relief is granted to a party without hearing other side.  
    • Omnibus injunction refers to an order granted against any unauthorised use – even those that are not mentioned in plea.  
    • PRs refer to the name, voice, signature, images or any other feature easily identified by public is markers of a celebrity’s personality. 
    • Only the owner or creator of these distinct features has the right to derive any commercial benefit from it.  
    • PRs or their protection are not expressly mentioned in a statute in India but can be traced under right to privacy and right to property. 

     

    2) Electronic voting machine (EVM): Supreme Court declined a plea for independent audit of source code governing EVM system.  

    • A source code is a set of written instructions to a machine’s hardware.  
    • Petitioner wanted audit using IEEE 1028 standard, a standard for software reviews and audits fixed by Institute of Electrical and Electronics Engineers (IEEE).  
    • EVM is a microcontroller-based portable instrument and does not require electricity and run on an ordinary battery.  
    • EVMs were first used in general election in Kerala in 1982.  
    • In 1989, Parliament amended Representation of the People Act, 1951 to create a provision for use of EVMs in the elections 

     

    3) Emerging-Market Bond Index (EMBI): JPMorgan to add Indian government bonds to its benchmark EMBI from June 2024.  

    • EMBI is a benchmark index for measuring total return performance of international government and corporate bonds that meet specific liquidity and structural requirements.  
    • Inclusion in EMBI could potentially:  
    • Lower the country’s sovereign borrowing costs.  
    • Help finance the current account deficit.  
    • Free up liquidity for domestic financiers to deploy in more productive assets.  
    • Increase demand for the rupee and support its value 

     

    4) Artificial Reef (AR): Department of Fisheries is promoting AR under Pradhan Mantri Matsya Sampada Yojana for rejuvenating coastal fisheries.  

    • ARs are technology interventions used to rehabilitate or improve natural habitats, increase productivity and manage aquatic resources including habitat enhancement.  
    • Advantages  
    • Reduce wave damage on coasts, helps regeneration of marine ecosystem and act as a carbon sink.  
    • Enhance recreational fisheries, eco-tourism, creating suitable areas for diving and reducing conflicts.  
    • Restricts bottom trawling in the near shore areas. 

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