May 27,2018

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May 26, 2018
Quiz – May 25, 2018
May 27, 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
  1. The Key Initiatives of Government

Topic 1:Economic development

Angel investors Tax exemption

The tax department exempted angel investors from income tax on their investments in start-ups with effect from April 11.

Highlights:

  • The tax concessions are subject to certain conditions laid down by the Department of Industrial Policy and Promotion, which said that the share capital and share premium of the start-up should not exceed Rs. 10 crore after such investments.
  • The investor who plans to subscribe for shares in the start-up will have to fulfil prescribed criteria.

About Angel investors:

Angel investors invest in small startups or entrepreneurs. Often, angel investors are among an entrepreneur’s family and friends. The capital angel investors provide may be a one-time investment to help the business propel or an ongoing injection of money to support and carry the company through its difficult early stages.

Read more at: The Hindu

Topic 2 : Environment

National Biodiversity award 2018

Arunachal Pradesh-based NGO Singchung Bugun Community Reserve (SBVCR) won the India Biodiversity Award 2018 in the “Conservation of wildlife species” category.

Highlights:

  • It was awarded for its efforts to conserve rare critically endangered bird Bugun Liocichla.
  • The award sponsored by the National Bio-diversity Authority, an independent bio-diversity  organisation.
  • Singchung Bugun Community Reserve is 17 square km biodiversity hotspot in Arunachal Pradesh. It was instituted under Wildlife (Protection) Act, 1972.
  • It is home to critically endangered bird species Bugun Liocichla, which is not reported anywhere else in world. It lies right next to Eaglesnest Wildlife sanctuary, a biodiversity hotspot, which is also home to the bird species.

Bugun Liocichla:

  • The bird was identified as a new species in 2006 and is reportedly only new bird species to have been discovered in India since 1947.
  • It has been named after Bugun tribe because of their conservation efforts. International Union for Conservation of Nature (IUCN) has classified Liocichla as Critically Endangered (CR). There are only about 20-24 pairs which live in the area.

About community reserves:

  • It is established under Wildlife (Protection) Act, 1972.
  • It enables any state government to declare community-owned forest area as “community reserve” if locals are willing to participate in conservation efforts for same.
  • Under it, community reserve receives same legal protection as National Parks and Wildlife Sanctuaries.

Read more at: IndianExpress

Topic 3 : ICT

New telecom policy 2018 draft

The Department of Telecommunications (DoT) has extended the deadline for submission of public comments on the new telecom policy to June 1.The policy seeks to unlock transformative power of digital communications networks to achieve the goal of digital empowerment and well-being of the people of India.

Key Features of the draft policy.

  • One of the key strategies in the draft talks of recognising spectrum as a key natural resource for public benefit to achieve India’s socio-economic goals, optimise availability and utilisation by making adequate spectrum available to be equipped for the new broadband era.
  • On spectrum pricing, it said there should be optimal pricing of spectrum to ensure sustainable and affordable access to digital communications and simplifying the process of obtaining permissions from various agencies such as Wireless Planning and Coordination (WPC) and Standing Advisory Committee on Radio Frequency Allocation (SACFA) in order to promote efficiency.
  • It also talks about enabling ‘light touch licensing/ de-licensing for broadband proliferation’; promoting the co-use/ secondary use of spectrum and constituting a Spectrum Advisory Team (SAT) consisting of experts, industry and academia ‘to facilitate the identification of new bands, applications and efficiency measures to catalyse innovation and efficient spectrum management
  • It proposes identifying and making available new spectrum bands for access and backhaul segments for timely deployment and growth of 5G networks and making available harmonised and contiguous spectrum required for deployment of next generation access technologies.
  • It aims to accomplish some of the strategic objectives by 2022 including — Provisioning of Broadband for all, creating four million additional jobs in the digital communications sector, enhancing the contribution of the digital communications sector to eight per cent of India’s GDP from around six per cent in 2017, enhancing India’s contribution to global value chains — and ensuring digital sovereignty.
  • The draft talks of establishing a ‘National Broadband Mission – Rashtriya Broadband Abhiyan’ to secure universal broadband access for implementation of broadband initiatives
  • The Policy also speaks about strengthening Satellite Communication Technologies in India
  • It talks about establishing effective institutional mechanisms to protect consumers’ interests including a Telecom Ombudsman and a centralised web based complaint redressal system.
  • Incentivising the use of renewable energy technologies in the communications sector

Read more at: The Hindu

Topic 4: The Key Initiatives of Government

National Mission for Sustainable Agriculture (NMSA)

  • It seeks to transform Indian agriculture into a climate resilient production system through suitable adaptation and mitigation measures in domains of both crops and animal husbandry

Features:

  • Promotes location specific integrated/Composite Farming Systems
  • Conserve natural resources through appropriate soil and moisture conservation measures
  • Adopt comprehensive soil health management practices
  • Optimize utilization of water resources through efficient water management to expand coverage for achieving ‗more crop per drop
  • Develop capacity of farmers & stakeholders

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

  • It offers coverage for death due to any reason and is available to people in the age group of 18 to 50 years ( life cover upto age 55) having a savings bank account who give their consent to join and enable auto-debit
  • A life cover of Rs. 2 lakhs is available for a one year period at a premium of Rs.330/- per annum per member and is renewable every year
  • It is administered through LIC and other Indian private Life Insurance companies
  • A person can join PMJJBY with one Insurance company with one bank account only
  • Eligible persons can join the scheme without giving self-certification of good health
  • A death certificate and simple claim form is required to submit and the claim amount will be transferred to nominees account

Tejaswini

  • It is the scheme for the socio-economic empowerment of Adolescent Girls and Young women
  • It seeks to empower the adolescent girls with basic life skills and thereafter provide further opportunities to acquire market driven skill training or completion of secondary education
  • It has 3 main components – (i) Expanding social, educational and economic opportunities (ii) improve livelihood opportunities by developing participants’ skills (iii) Strengthens women’s participation in local governance.
  • Recently, India signed financing agreement with World Bank (International Development Association) for funding of this scheme

Topic 5: General Knowledge

Artificial enzyme

The researchers from Indian Institute of Science (IISc), Bengaluru have  produced the new nanozyme nanomaterial with enzyme-like activity by using vanadium pentoxide nanocrystals of just 150-200 nm size.

Highlights:

  • The nanozyme was able to act like the natural antioxidant enzyme glutathione peroxidase in our body and help maintain the hydrogen peroxide levels within the threshold. They synthesised the nanozyme with four different morphologies — nanowires, nanosheets, nanoflowers and nanospheres.
  • All four morphologies are basically made of the vanadium and oxygen in the same ratio. The methods of production is slightly different giving each type a different shape, size and crystal facet or plane
  • Kinetics and spectroscopy studies showed that the nanozyme was able to bring down the level of hydrogen peroxide. The nanozyme uses the same pathway as the natural enzyme but without generating any free radicals.
  • The nanospheres showed the highest activity among the four types, indicating that the surface-exposed crystal facets play crucial roles in the catalysis.
  • The study was primarily aimed at understanding the effect of different crystal facets of nanozymes on their enzyme mimetic activity.
  • Nanozymes with tunable catalytic properties are emerging as the next generation of artificial enzymes that find applications in neuroprotection, cardioprotection and cancer therapy.

Read more at: The Hindu

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