Daily Mains Practice Questions 01-02-2023

chat gpt

KEY POINTS

·        India updated its Nationally Determined Contribution (NDCs) to the United Nations Framework Convention on Climate Change (UNFCC) in August 2022.

·        The updated NDC includes 50 per cent cumulative electric power installed from non-fossil fuel-based energy sources and an additional carbon sink of 2.5-3 billion tonnes of CO 2 equivalent through forest and tree cover by 2030.

·        Soil, the very basis of agriculture, is a natural carbon sink. It captures carbon from the atmosphere and stores it. Intensive agricultural practices remove organic carbon and other nutrients from the soil.

·        The creation of a carbon market will help monetise the carbon sequestered in agriculture and agroforestry systems and facilitate its transaction like any other commodity.

·        It is an opportunity for farming communities to sequester and sell carbon credits in the voluntary carbon markets and earn additional income.

·        The first step towards creating a market for sequestered carbon is to evolve a transparent process of quantification and verification of additional carbon generated by different farm practices.

·        A few agro-tech companies, for example, Boomitra and Nurture. farm, organise farmers through intermediaries to facilitate their participation in voluntary carbon markets.

·        Finally, there is a need to create awareness among farming communities on the benefits of the adoption of improved agricultural practices and participation in carbon markets.

KEY POINTS

·        India overtook the UK as the world’s fifth-largest economy in 2022, and is on track to achieving PM Narendra Modi’s vision of a $5 trillion economy by 2026-27.

·        Despite concerns of a looming global recession, supply disruptions and the Russia-Ukraine war, India has stood out as a bright spot, growing faster than most major emerging markets.

·        With sales in several industries across the MSME sector reaching 90 per cent of pre-pandemic levels, India’s small businesses are scripting a turnaround.

·        The National Logistics Policy can also be leveraged to make our MSMEs competitive. The NLP aims to bring down logistics costs as a percentage of the GDP from 13-14 per cent to 8 per cent, on par with developed nations.

·        To this end, the government could rope in India Post as a tech-enabled last-mile delivery partner that can facilitate cash-on-delivery transactions at competitive prices.

·        Similarly, the unparalleled reach of Indian Railways can be synergised to ship wares to the remotest parts of the country quickly and cost-effectively.

·        With a visionary government charting out the nation’s growth path, hopeful that the budget would deliver on the above challenges for MSMEs and take us closer to the dream of an Atmanirbhar Bharat.

KEY POINTS

·        The ChatGPT, popularly as the AI Chatbot, an artificial intelligence (AI) tool. GPT stands for “Generative Pre-trained Transformer”.

·        It is a type of artificial intelligence model that uses deep learning techniques to generate human-like text.

·        It is proving charismatic, well-groomed in communication, and well-structured. Let us take a quick peek into the beginning stages of ChatGPT and what it offers.

·        Microsoft is the chief investor in the Open API project. Within two months, it has registered its footprints even in the remote corners of the Global South.

·        This was surprisingly achieved by the Chatbot’s ability to translate and interpret a complex thought speech expression with its inbuilt GPT training for access to local information.

·        ChatGPT It is the first human-friendly, precise, concise, self-learning machine tool that is simple yet highly interactive and adaptable to every sector of the community.

·        Moreover, to count on the salient features right out of the box: it supports multiple languages, accepts voice commands, and auto-saves a conversation history in text files for future reference.

·        All eyes are on the new AI ChatGPT, with expectations to know more. However, the larger purpose of ChatGPT will be realised only by a continuous feed of queries.

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