Sunday, 11 November 2018

Challenge day 3 - 12/11/2018

Days remaining 202
Today's Target
- The hindu Coverage
- The Insights CA Coverage
- The Insights Quiz Coverage
- Revise Test 19 solutions and make notes(Not able to do it yesterday)
- Cover Salient Features Of Indian Society and Mains Questions on Topic (2013-2018)
- Completing Insights Test 2 course which I have left

 Hindu Short notes
Global Wealth Report, 2018
- Credit Suisse, India is getting richer but high inequality
- GINI cofficient - 0 denote Total equality, 100 denotes Total Ineuqality

Ease of Doing Business - India’s Leap
- By World Bank
-  India is one of the greatest improvers, Rank 77th from 100th last year
- WB - India is better to do business than Other Brics  and west asian nations
 - Reasons for improvement - Mainly from two business Indicators + securing construction permits and Trading across borders + Small Improvement in starting a business and getting credit 
- Where Need for Improvement - Dismal on Registering Property + Paying Taxes + enforcing contracts

Central Board of Directors - RBI
- Consist of Official from RBI and GOI + Official nominated by GOI
- General superintendence and direction of the affair and business of RBI entrusted to central board, exercise all powers and does all acts exercised by RBI, Recommend design, form and material of bank notes to Govt.
- Composition - Official Directors(Governors + Upto 4 DG) + Non-official directors(Upto 10 from various fields) + Govt. officials(2) + One director from each of 4 local boards of RBI.
Term - Governors + DG - 5years, 10 Directors - 4 years + Govt Officials - uptill govt sees fit.
Qualifications - Director can not be salaried Govt Official + Lunatic or Unsound Mind + officer or employeeof any bank + be adjudicated as insolvent or have suspended payments to creditors
Meeting - at least 6 times a year and at least once each quarter + meeting can be called if min. Of 4 directors tell governor to call meeting + if governor absent, deputy governor assigned by him will vote and preside over meeting
Recent News - Section 7, in which govt. supersedes Board and issue directions in public interest

SIMBEX
- 25th edition, Bilateral naval Exercise b/w Singapore and India
- Port Blair
- Last year two countries signed a naval agreement for mutual logistical support and gives India access to change naval base

EC warns parties on criminal cases(Reforms in politics)
- SC has made it mandatory for the candidates and their parties to publish and broadcast details of the cases against them at least three times ahead of elections, also required to upload details on website
- If anyone failed to broadcast details or provided false details will be charged with contempt of court and section 171(g) of IPC

Laser interferometerr gravitional wave observatory (LIGO)
- These waves are ripples in fabric of space-time + arise from merger of black holes + long pursuit for physics

Cyclone “Gaja”

Konark temple - World Heritage Site
-  ASI protected, Bhuvneshwar
- 13th century, by king langula narsingha deva 

Mullayangiri Hill Range
-  Chikmanglur , Karnataka


Burial urn of Megalithic era unearthed in Kerela

GSAT-29
- 3500 kg communication sattelite, high quality internet services
- lifespan of 10 years
- will provide augment digital communication in remote village rescue centre
- GSLV MKIII - D2 - is the second flight of the heavy lift vehicle carrying satellite,  success will regularise the launch vehicle services and ease dependence on foreign service providers
HySIS - a new variant of earth observatory sateite 


Bannerghatta National Park, Kalkere range

National Green Tribunal

PIB
IIP and CPI
- Both by CSO, Ministry of Statistics and Programme Implementation
-  CPI Data Collection. - Urban - NSSO Official Survey and data entered into portal, Rural - NSSO Offical and Postal Data + Only 1200 Villages
- IIP Data Collection - DIPP, Indian Bureau of Mines, iron and steel joint committee, chemical and petrochemical department, textile commissioner, Vanaspati direcorate,Jute Commissioner, petroleum ministry Etc. Total Items - 682
- Components 
  -- CPI - Food, Beverges and tobacco > Misc. health, Edu and Recreation >Housing > Fuel,Light > Clothing, bedding, footwear
  -- IIP - Manufacturing > Mining > Electricity, IIP 8 core industries - coal, fertiliser, electricity, crude oil, natural gas, refinery product, steel, and cement

Two Day Global Cooling Innovation summit Inaugurated in New Delhi
- Internation competetion, development of residential cooling tech 5X less climate impact than standard room air-condition 
- Prize supported by mission innovation, DST, GOI

India-morroco signed agreement on mutual legal assistance in criminal matters
- strengthen cooperation and enhance effectiveness,  and provide broad legal framework for prevention, investigation and prosecution of crimes.
- Reduce terror financing

10th anniversary of Indian Ocean naval symposium
- theme - SAGAR(Security and growth for all in the region)

Samudra Shakti
- Naval Exercise between Indian and Indonesia 
- strengthen bilateral relations, enhance maritime cooperation and interoperability, exchange best practices
- strategic partnership enhanced to comprehensive strategic partnership

Indian Strategic Petroleum Reserve Ltd Signed mou with Abu Dhabi national oil company
- to explore the possibility of storing ADNOC crude oil at ISPRL underground oil storage facility in Padur, Karnataka.
- ISPRL has already built 5.33 million tonnes of underground storage capacity at three locations - Visakhapatnam (1.33 million tonnes), Mangalore (1.5 million tonnes) and Padur (2.5 million tonnes), that can meet around 9.5 days of the country’s oil needs as per consumption data of last financial year. The government of India, in June 2018,announced the creation of two new reserves, a 4 million tonnes storage facility at Chandikhol in the eastern state of Odisha and an additional 2.5 million-tonne facility at Padur. 

Insights Daily Quiz Score (4/5) 
Toughness - Medium







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