July 23,2018

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July 22, 2018
Quiz – July 22, 2018
July 23, 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
  4. The Key Initiatives of Government
  5. General Knowledge

Topic 1:Economic development

GDP deflator

  • The GDP deflator, also called implicit price deflator, is a measure of inflation.
  • It is the ratio of the value of goods and services an economy produces in a particular year at current prices to that of prices that prevailed during the base year.
  • This ratio helps show the extent to which the increase in gross domestic product has happened on account of higher prices rather than increase in output.
  • It is seen as a more comprehensive measure of inflation.

GDP price deflator :

  • GDP price deflator measures the difference between real GDP and nominal GDP.
  • Nominal GDP differs from real GDP as the former doesn’t include inflation, while the latter does.
  • GDP price deflator = (nominal GDP ÷ real GDP) x 100

Read more at: The Hindu

Topic 1:Social development

Right to Information Act, 2005  amendments

The government has proposed  amendments to Right to Information Act, 2005

Proposed amendments:

  • The Central government seeks control over the tenure, salary and allowances of the Chief Information Commissioner and Information Commissioners at the Centre, and the State Chief Information Commissioners
  • It would grant the Centre powers to determine the tenure of Central and State Commissioners

Demerits of amendment proposals:

  • It takes away Information commissioners  autonomy and independence,
  • It paves way for government interference in judgements

The Right to Information Act, 2005

  • It  aims to increase government transparency with the hope of increasing accountability in government functioning.
  • The law mandates a timely response to citizen requests for official information.

Read more at: The Hindu

Topic 1:Industrial development

Watershed development projects

Watershed management is an attempt to halt land degradation and a holistic process for getting maximum production out of land.

Objectives:

  • It implies rational utilisation of land and water resources for optimum and sustained production, with the minimum of hazard to natural resources.
  • The rain water can be made to move down the slopes slowly, ensuring optimum infiltration and percolation, automatically solving the problem of soil erosion.
  • Reducing the impact of the rain on the soil, checking its speed at various intervals, taking up all operations on the contour and diverting the excess to prevent the, pressure, are some of the procedures one could adopt; a process that starts at the highest point of the watershed and ends right down in the lower parts.
  • To facilitate water conservation and recharge, and to prevent soil degradation

Issues:

  • Delay in implementation of the project
  • Long term results
  • Lack of coordination between different departments
  • Corruption

Read more at: The Hindu

Topic 4: The Key Initiatives of Government

Pradhan Mantri Rojgar Protsahan Yojana

  • It is to promote/incentivize employment generation.  
  • Central Government will be paying the 8.33% EPS contribution of the employer for the new employment.  
  • All industries registered with Employees’ Provident Fund Organization (EPFO) can apply for availing benefits under the scheme.  
  • It is targeted for employees earning wages less than Rs. 15,000/- per month.   
  • The scheme will be in operation for a period of 3 years and GOI will continue to pay and all new eligible employees will be covered till 2019-20.

USTAAD  

  • Upgrading the Skills in Training in Traditional Arts/Crafts for Development (USTAAD) is a 100% central sector scheme.
  • The scheme aimed at capacity building and updating the traditional skills of master craftsmen/artisans.
  • These trained master craftsmen/artisan will train the minority youths in various specific traditional arts/crafts.  
  • Under the Scheme, skill development programme will be provided for all important traditional arts/crafts being practiced by minority communities, for their development and market linkages

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