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UPSC Dictionary

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The RBI was established on April 1, 1935, and was nationalized in 1949. It acts as the banker's bank and lender of last resort.

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UPSC Dictionary

Awareness in the fields of IT, Space, Computers, robotics, nano-technology, bio-technology

The phrase "Awareness in the fields of IT, Space, Computers, robotics, nano-technology, bio-technology" is a recognized concept/area of study that defines a critical domain of knowledge for an informed Indian citizen. It is formally a key component of the General Studies Paper III syllabus for the Union Public Service Commission (UPSC) Civil Services Examination. The concept originated from the broader national focus on Science and Technology for development, which was institutionalized with the Science & Technology Policy Resolution of 1958. Its purpose is to ensure awareness of the developments and their applications and effects in everyday life across these six frontier technologies.

The mechanism of this awareness involves continuously tracking the latest advancements and their implications in each field. For instance, in Space, it requires knowledge of missions like Chandrayaan-3 and the functions of the Indian Space Research Organisation (ISRO). In Computers and IT, it covers emerging areas like Artificial Intelligence (AI), Cyber-Physical Systems, and cybersecurity. The concept is intrinsically connected to Intellectual Property Rights (IPR), which is often listed alongside it in the syllabus, highlighting the legal and ethical dimensions of technological progress. A recent change is the increased emphasis on the role of private entities in sectors like Space, formalized by the creation of the Indian National Space Promotion and Authorization Centre (IN-SPACe) in 2020 and the subsequent Indian Space Policy, 2023. This shift moves ISRO towards research and exploration, while commercialization is handled by bodies like NewSpace India Limited.

References

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