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Friday, August 10

TNPSC Daily Current Affairs - August 8 & 9, 2018 - TNPSC Current Affairs - 2018

19:27 0
TNPSC Current Affairs - August 2018 by TNPSC Guru

1.Pradhan Mantri Krishi Sinchayee Yojana: 
  • Union Government has singed revised Memorandum of Understanding with NABARD and National Water Development Agency (NWDA) for funding central share of 99 irrigation projects under Pradhan Mantri Krishi Sinchayee Yojana through long term irrigation fund.
  • Pradhan Mantri Krishi Sinchayee Yojana scheme introduced in 2015 with the motto of “Har Khet ko Paani” .
  • The main objective of the scheme is to expand cultivated area with assured irrigation, reduce water wastage and improve the efficiency of water usage.
2.Suresh Prabhu to decide on RCEP talks 
Union Government has set up four member group headed by Union commerce Minister Suresh Prabhu to advice Prime Minister on whether to continue with or withdraw from Regional Comprehensive Economic Partnership (RCEP)

About RCEP:
  • RCEP is a proposed free trade agreement being negotiated between 10 ASEAN countries and and their Free Trade Agreement partners , Australia, China, India, Japan, South Korea and New Zealand.
  • It the negotiation are successful, it would create the world’s largest trading  bloc.
  • The trade bloc represents world’s 46 % of population with combined GDP of around $17 trillion and accounts of 40% of world trade.
  • It will cover of issues such as trade in goods, services, investment, competition, intellectual property rights, telecommunication and economic and technical cooperation 

India’s benefit:
  • RCEP will help to achieve India’s aim and objective of look-East policy.
  • RCEP is important to India because India is not a member of 2 other major regional economic group APEC (Asia-Pacific Economic cooperation) and TPP (Trans-Pacific Partnership).
  • RCEP will help India’s Trade volume to increase with countries, which India not signed FTA like China, New Zealand, and Australia.
  • Once the RCEP get negotiated it can easily access the entire 16 member’s trade bloc and India’s Service sector like IT, telecoms, BPO, KPO, Banking services are likely to get more benefits.
India’s Concern
Countries like China, Japan, South Korea, Australia, New Zealand are export powerhouses in Manufactured goods.  Their Cheaper Goods could affect the small producers and workers if safeguard measures are not taken adequately.

The Main concern is flood of cheaper Chinese goods in Indian markets.Because at present there is no FTA between India and China but signing the RCEP pact is viewed as signing an FTA with China

About Free Trade agreement: 
Free Trade Agreement (FTA) is an agreement of cooperation between countries ( 2 or more) to reduce its trade barriers like tariffs etc. It helps to increase trade and services within countries without much obstacles.

3.Position of Organic Farming in India. 
Latest information provided by Ministry of Agriculture & Farmers Welfare , the current position of Organic farming in India is covered 23.02 Lakh hectares under the schemes Paramparagat Krishi Vikas Yojana (PKVY), Mission Organic Value Chain Development for North Eastern Region (MOVCDNER) and National Programme  of Organic Production (NPOP).

4.Khangchendzonga Biosphere Reserve
  • Khangchendzong Biosphere Reserve becomes 11th Biosphere Reserve from India which is included in the World Network of Biosphere Reserves
  • It was included in the 30th session of International Coordination Council (ICC) of Man and Biosphere programme of UNESCO held at Palembang, Indonesia.
  • Currently India has 18 Biosphere reserve including Khangchendzong, in this 11 biosphere reserve has included in World Network of Biosphere Reserve and  7 Biosphere Reserves are Domestic Biosphere Reserves.
  • Khangchendzong Biosphere Reserve is located in Sikkim.
5.Fall Army Worm.
  • Indian Council for Agricultural Research (ICAR) has found agricultural pest Fall army Worm in Karnataka.
  • Fall Army Worm is major threat to Maize, Rice, Sugarcane and this is the first finding in Asia.
6.Tokyo Olympics 2020 
Japan to introduce facial recognition technology to increase security during Tokyo 2020 Olympics.

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TNPSC Daily Current Affairs - August 7, 2018 - TNPSC Current Affairs - 2018

19:23 1
TNPSC Current Affairs - August 2018 by TNPSC Guru

1.Maitree 2018 
India Thailand Joint Military Exercise Maitree 2018 to be conducted in Thailand.

2.RISECREEK Microprocessor 
Scientist and a student team have developed the Microprocessor named RISECREEK, which is produced under project Shakti.

3.Criminal Law (Amendment) Bill, 2018 
The Parliament has passed the Criminal Law (AMednment) Bill 2018, which ensures stringent punishment for those convicted of raping girls below the age of 12 years.

4.SC/ST (Prevention of Atrocities) Amendment Bill, 2018 
Lokh Sabha Passed Scheduled Caste and Scheduled Tribes (Prevention of Atrocities) Amendment Bill, 2018,  which seeks to overturn a Supreme Court order concerning certain safeguards against arrest under SC/ST law.

5.World’s First Thermal Battery Plant. 
  • Andhra Pradesh Chief Minister Chandrababu Naidu inaugurated world’s first thermal battery plant in Amravati, Andhra Pradesh.
  • The aim of the Thermal Plant is to boost up renewable energy.

6.Jatyu Nature Park. 
Jatyu Nature Park has unveiled world’s largest Birds Sculpture , replica of bird Jatyu (Character in Ramayana) in Kollam, Kerala.

China successfully test fired world’s first hypersonic aircraft called XINGKONG-2 or Starry sky - 2 which capable of firing nuclear warheads.

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TNPSC Daily Current Affairs - August 5 & 6, 2018 - TNPSC Current Affairs - 2018

19:22 1
TNPSC Current Affairs - August 2018 by TNPSC Guru

1.Lok Sabha Passes National Commission for Backward Class 
Lok Sabha has passed Constitution (123rd Amendment) bill 2017 by providing constitutional status to National Commission for Backward classes.

2.GST Council – Cash back for Digitalisation. 
  • GST council has announced cash back of 20 Per Cent of the total GST Amount , subject to max limit of Rs 100 if customers making digital transaction.
  • GST Council is a constitutional body which aids and advice Union and State government relating to Goods and Services taxes.
  • GST Council Created as per Article 279A of the amended Constitution.

3.Fugitive Economic Offenders Bill 2018 
  • President Ram Nath Kovind given his assent for promulgate the Fugitive Economic Offenders Bill 2018 which helps to prevent the economic offenders from evading the process of Indian law by staying outside the jurisdiction of Indian Courts.
  • The total value of 100 crore or more will come under the purview of this bill.
  • Article 111 of Indian Constitution deals with, when the bill passed in Parliament and can become an act only if it receive assent from President.

 Features of the Bill. 
  • The bill will force the fugitive to return to India to face the trial.
  • Confiscation of the property of offender in India, Abroad including benami property.
  • Fugitive economic offender cannot demand any civil claim.
  • Separate administrator will appoint to manage and dispose the confiscated property.•  
  • This bill will help to improve the financial health of the banking sector because non –payment of loan will worsen the financial health of the bank.

 4.Ajay Data 
Ajay Data becomes the first Indian to be appointed a member of Country Code Supporting Organisation (ccNSO) by Internet Corporation for Assigned Names and Numbers (ICANN).

5.World championship badminton 2018 
PV Sindhu wins Silver in World Championship Badminton losing to Carolina Marin held in Nanjing , China.

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