February 16, 2019

February 15,2019
February 15, 2019
Quiz February 12, 2019
February 18, 2019

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
  1. General Knowledge

Topic 1:Economic development

Most Favoured Nation (MFN)

India has revoked the Most Favoured Nation (MFN) status of Pakistan (bestowed in 1996) and warned of more measures in response to its support for terrorist groups targeting India.

What is MFN status?

  • Most Favoured Nation is a treatment accorded to a trade partner to ensure non-discriminatory trade between two countries vis-a-vis other trade partners.
  • Under WTO rules, a member country cannot discriminate between its trade partners. If a special status is granted to a trade partner, it must be extended to all members of the WTO.

Significance of MFN status:

  • The members can participate in regional trade agreements or free trade agreements where there is discrimination between member countries and non-member countries.
  • Members can give developing countries special and differential treatment like greater market access.
  • It ensures  access to a wider market for trade goods, reduced cost of export items owing to highly reduced tariffs and trade barriers. These essentially lead to more competitive trade.
  • It  cuts down bureaucratic hurdles and various kinds of tariffs are set at par for all imports.
  • A country that grants MFN on imports will have its imports provided by the most efficient supplier.
  • It heals the negative impact caused to the economy due to trade protectionism.
  • As MFN clause promotes non-discrimination among countries, they also tend to promote the objective of free trade in general.

What does revoking MFN mean?

Revoking it means India can levy whatever import tariffs it wants. India can now make it very expensive for Pakistan to export its goods to India. Pakistan has always retained this right.

Read more at: The Hindu

Topic 2 : Environment

India’s first district cooling system

India’s First District cooling system will come up in Amravati, capital of the Andhra Pradesh.

What is District cooling system?

  • District cooling systems produce chilled water, steam or hot water at a central plant and then pipe that energy out (either underground or over rooftops) to buildings for air conditioning, space heating and water heating. As a result, these buildings don’t require their own chillers, air conditioners, boilers or furnaces.
  • The district cooling uses only 50 per cent of the primary energy consumption for cooling urban buildings, thereby reducing CO2 emissions.
  • It also helps in improving the air quality and reducing general noise levels when compared to other traditional air conditioning systems.

Read more at: The Hindu

Topic 3 : ICT

LADIS – Least Available Depth Information System

The Inland Waterways Authority of India (IWAI) has launched a new portal LADIS – Least Available Depth Information System that would ensure real-time information on available depth on stretches of national waterways.

The portal:

  • LADIS will ensure that real-time data on least available depths (LADs) is disseminated for ship, barge and cargo owners so that they can undertake transportation on national waterways (NWs) in a more planned way.
  • It will assure depth of waterway is required for seamless movement of vessels.
  • The details of LADIS will be fed into the portal by respective surveyors and regional incharge deputed with IWAI survey vessels which constantly move on NWs.
  • Initially LAD information will be available for NW-1, NW-2, Indo-Bangladesh Protocol route and NW-3, along with the date of survey. The facility will be expanded to other NWs also.
  • IWAI has designed LADIS to facilitate the day-to-day operations of inland vessels plying on NWs and to avoid any hindrance in service and operation.
  • It will enhance credibility and efficiency of information sharing to achieve seamless operations on NWs, besides pre-empting problems that may occur during movement of vessels

Read more at: TOI

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