April 15,2018

Quiz-April 12,2018
April 13, 2018
Quiz-April 13,2018
April 15, 2018

Current Affairs for Engineering Service Exam

Topics list:

  1. National and International Issues on
    1. Economic Development
    2. Social Development
    3. Industrial Development
  2. Energy and Environment
    1. Energy
    2. Environment
  3. Information and Communication Technology
    1. Technology
    2. Application

Topic 1:Economic development

Sovereign gold bond

The government announced the fiscal’s first tranche of the sovereign gold bond (SGB) scheme.

Highlights:

  • Subscription will open on April 16.
  • The sovereign gold bond 2018-19, Series-I, will be sold through banks, Stock Holding Corporation of India Limited (SHCIL), designated post offices and recognised stock exchanges namely the NSE and BSE

About the Sovereign Gold Bond Scheme:

  • The sovereign gold bond was introduced by the Government in 2015.
  • The Government introduced these bonds to help reduce India’s over dependence on gold imports, the move was also aimed at changing the habits of Indians from saving in physical form of gold to a paper form with Sovereign backing.
  • The bonds will be restricted for sale to resident Indian entities, including individuals, HUFs, trusts, universities and charitable institutions.
  • The bonds will be denominated in multiples of gram(s) of gold with a basic unit of 1 gram.
  • The tenor will be for a period of 8 years with exit option from the 5th year to be exercised on the interest payment dates.
  • The minimum permissible investment limit will be 1 gram of gold, while the maximum limit will be 4 kg for individual, 4 kg for HUF and 20 kg for trusts and similar entities per fiscal (April-March) notified by the government from time to time.
  • Bonds can be used as collateral for loans. The loan-to-value (LTV) ratio is to be set equal to ordinary gold loan mandated by the Reserve Bank from time to time

Read more at: The Hindu

Topic 1:Social development

Ayushman Bharat

Prime Minister inaugurated a Health and Wellness Centre, to mark the launch of the Union Government’s ambitious Health Assurance Programme – Ayushman Bharat. The Centre was inaugurated at Jangla Development Hub, in the aspirational district of Bijapur in Chhattisgarh.

Highlights:

  • It will cover over 10 crore poor and vulnerable families (approximately 50 crore beneficiaries) providing coverage upto 5 lakh rupees per family per year for secondary and tertiary care hospitalization.
  • This will be the world’s largest government funded health care programme.

Read more at: PIB

Topic 2 : Environment

Paradox of the plankton

All microbial populations are not exactly alike, there are ‘core’ species which are always present in different samples and some ‘peripheral’ species which are seen only in some samples

Highlights:

  • When microbes use resource molecules as food, they usually cannot convert them completely to energy there’s always some waste which form the by-products. These by-products can sometimes be used as a food source by another species
  • The displacement of one species by another under conditions and when they share the propensity to consume the same resource, such a displacement is termed extinction.

Core  Species:

A species whose presence and role within an ecosystem has a disproportionate effect on other organisms within the system.

Peripheral species:

The species which occur irregularly, often in response to annual environmental conditions and resources that natural fluctuate, particularly at the edge (periphery) of geographic (habitat) zones.

Read more at: The Hindu

Topic 2 : Energy

Solar Lamp Assembly & Distribution Center

The initiative is part of the Government of India’s scheme of providing 70 lakh Solar Study Lamps in five States where rural household electrification levels are low

Highlights:

  • Solar Lamps Assembly & Distribution Centre inaugurated at Mahuli village in Arrah in Bihar State.
  • In this centre, local women Self Help Group (SHG) will assemble Solar Study Lamps and distribute them to underprivileged students who do not have access to electricity.
  • hus the Centre will not only provide kerosene-free affordable illumination to students, but also empower rural women with the skills to assemble, distribute and repair solar lamps.

Read more at: PIB

Topic 3 : ICT

Road map for drones

With an aim to prepare a road map and fast-track the implementation of unmanned aerial vehicle (UAV) technology, or drones, in the country, the Centre on Thursday announced setting up of a 13-member task force headed by Minister of State for Civil Aviation Jayant Sinha.

Highlights:

  • Apart from developing a road map, the task force would also lay down implementable recommendations for central and state governments, industry and research institutions.
  • The committee’s road map would also focus on R&D, acquisition and commercialisation, application and adoption in specific sectors, regulatory framework as well as preference for Make in India.

Read more at: Indian Express

Topic 5: General knowledge

Wood fossil reveals ancient tree

Scientists have discovered numerous such fossils from the 55 million-year-old Vastan lignite mine in Gujarat’s Surat district.

Highlights:

  • Plant fossils can help palaeobotanists reconstruct ancient vegetation
  • The team observed its fine wood slivers under a microscope, they noted several minuscule wood cells and rays (pale streaks on a tree trunk that run parallel to the circular tree rings)
  • These closely resembled the wood of plants in the mahogany family (Meliaceae).
  • They were similar to those of living evergreen trees belonging to the genus Chisocheton, which are found in parts of India, China, south Asia and Australia.
  • The Vastan area – where tropical thorn forests now dominate – was a “luxurious” evergreen forest around 55 million years ago
  • The reason lies in continental drift: as the Indian subcontinent broke away from the supercontinent Gondwanaland and drifted near the Equator, the resulting tropical weather created lush rainforests here, they add. As the landmass moved further north and away from the equator, drier vegetation replaced these forests.

Read more at: The Hindu

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