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Ethereum Spot ETF Mirrors Bitcoin’s Trailblazing Strength: Grayscale CLO
Amid uncertainty around Ethereum Spot Exchange-Traded Funds (ETFs), Grayscale Chief Legal Officer (CLO) Craig Salm has expressed his insights on the subject, addressing the similarities between Ethereum and Bitcoin spot ETFs.Ethereum Spot ETFs Is Just As Strong As Bitcoin Spot ETFsCraig Salm appears optimistic about the Ethereum spot ETFs’ approval from the United States Securities and Exchange Commission (SEC), as he believes “the case for the products is just as strong as it was for Bitcoin ETFs.”The Grayscale’s CLO underscored his unwavering confidence in the products’ approval, despite ongoing negative speculations within the crypto landscape. However, his main goal is to shed light on how the SEC’s engagement with applicants in the situation is perceived.Addressing the Commission’s engagement, Salm drew the community’s attention ...
TradingView is a fantastic platform for charting and trading.But if you're new to the website, it can be a bit overwhelming.So in this tutorial, I'll focus in on one of the most important functions of the platform, entering trades. Yes, you can enter trades directly in TradingView.It also has some very useful order entry features that are not available on other trading platforms.In this video, I'll show you how to enter your first trade and use the features in the order entry screen. I'll also provide further explanations after the video.Alright, let's get into it…The TradingView Trading PanelThis is what the trading panel looks like.It may change a bit in the future, but the basic layout and functions have remained pretty similar throughout the entire time that I've used it.If you don't have TradingView yet, and you're finding the order entry functions useful, sign up for an account.Now that you have a feel for w...
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Q. आप किस परीक्षा की तैयारी कर रहे हैं?
Q. Which exam are you prepared?
IAS
IPS
UPSC
STATE PCS
BANKING
SSC
RAILWAY
BPSC
SSC GD
🔆 One Nation One Election
✅ "One nation one election” refers to the structuring of the Indian election cycle in a manner such that elections to Lok Sabha and State Assemblies are synchronized together.
✅ On an average, the country
witnesses elections to about 5-7 State Assemblies every year.
✅ Conducting perpetual elections is not only a mammoth, complex and time-consuming activity but has also resulted in voter apathy and low voter turnouts and participation along with slow progress of the nation’s development.
✅ This has reinstated the debate related to the idea of “one nation one election”, including recommendations in this regard by key institutions like the Parliamentary Standing Committee, the Election Commission, Law Commission etc.
▪️Rationale behind the idea
✅ Previous experience: Previously, India conducted simultaneous elections from 1951 till 1967. Thus, the idea of “one nation one election” is not new and can be considered after the operational logistics are accounted for.
✅ Policy and governance deficit: During elections, many development programmes, welfare schemes, capital projects etc. remain largely suspended (except for the routine administrative activities) till the time the Model Code of Conduct (MCC) is applicable, leading to policy and governance deficit.
✅ Diversion of security forces: Frequent elections lead to a lock-in of the Central Armed Police Forces (CAPF) and state police forces for prolonged periods of time. This portion of the armed police force could otherwise have been better deployed for internal security purposes.
✅ Socio-economic costs: Engaging election machinery like teachers, revenue officers, government vehicles etc. during election duties comes with socio-economic costs in terms of man-hours, lost teaching weeks etc.
▪️Concerns associated with “one nation, one election”
✅ Operational feasibility: As the Constitutional provisions do not fix the term of either a State Assembly or the Lok Sabha, it would only be a matter of time when the electoral cycle gets disturbed again. Further, every state has its own power dynamics, and it will be difficult to maintain tenures that are symmetrical to those of the Centre without resorting to President's Rule
repeatedly and for long periods of time.
✅ Inconsistent with democratic principles: Synchronizing the election calendar in any given
state with that of the Centre would deprive a state of the essential elements of a democracy i.e. a government may choose to dissolve itself, or a government may fall if it loses its majority.
✅ Impact on voters’ behaviour: Voters may not differentiate between the voting choices for the State Assembly and Lok Sabha in case simultaneous elections are held. This situation could lead to national issues impacting the electorate’s behaviour for voting in State Assembly elections or regional issues impacting the electorate’s behaviour for voting in the Lok Sabha elections.
✅ Disadvantage to regional parties: Regional parties may be at a disadvantage as voters are reported likely to predominantly vote one way, giving the dominant party at the Centre an advantage.
Simultaneous elections will require an unbiased understanding and practical implementation. Although it comes with laudable benefits like reduced voters’ apathy and enhanced voter participation, there is significant complexity associated with the same.