SIPVS Knowledge is Power
- Upgradation of the Women’s Police Training Centre at Yamethin, Myanmar
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval to the Memorandum of Understanding (MoU) between India and Myanmar on upgradation of the Women’s Police Training Centre at Yamethin, Myanmar. The MoU was signed on 6th September, 2017.
- The MoU covers upgradation of the Yamethin Women’s Police Training Centre to further augment the capabilities of the Myanmar Government to build capacities of its police force with technical and financial assistance from Government of India.
- High Level Committee for proper management of water resources in NER
The Government has constituted a high-level committee for proper management of the water resources in the North Eastern Region (NER) under the Chairmanship of Rajiv Kumar, Vice-Chairman, Niti Aayog.
- This is a sequel to the Prime Minister Shri Narendra Modi’s visit to Guwahati in August this year to review the flood situation and relief work in the North Eastern States.
- The Committee would facilitate optimising benefits of appropriate water management in the form of hydro-electric power, agriculture, bio-diversity conservation, reduced flood damage erosion, inland water transport, forestry, fishery and eco-tourism. Ministry of Development of North Eastern Region (DoNER) will serve as the coordinating point.
- The Committee will submit its report, including Plan of Action, by June, 2018.
- During the review of the flood situation with the Chief Ministers of Assam, Manipur, Nagaland and Arunachal Pradesh, the Prime Minister had announced constitution of a High-Level Committee for holistic management of water resources in the NER.
- Turtle Sanctuary to be set up in Allahabad
In order to protect the rich aquatic biodiversity of river Ganga from escalating anthropogenic pressures, development of a Turtle sanctuary in Allahabad along with a River Biodiversity Park at Sangam have been approved under Namami Gange programme.
- The project at an estimated cost of Rs 1.34 crore would include development of River Biodiversity Park at Sangam (confluence of Ganga, Yamuna and mythical Sarasvati), establishment of a Turtle Rearing Centre (Permanent nursery at Triveni Pushp and makeshift annual hatcheries) and awareness about the importance of river Ganga and imperativeness of its conservation has been approved.
- This project will provide much needed platform to make the visitors aware of their place in the ecosystem, their roles and responsibilities, improve their understanding of the complexity of co-existence with the environment and help generate awareness for reducing the impact of human activities on critical natural resources.
- Country’s first ITI for dibyangans in Dibrugarh
Foundation stone for the first ever Industrial Training Institute for the Dibyangans exclusively was laid at Dibrugarh ITI Complex at Borboruah, Dibrugarh by Chief Minister Sarbananda Sonowal.
- This is a one of a kind institute in the country in order to set up a new pathway for empowerment of the differently abled youth of the state.
- RBI keeps repo rate, reverse repo rate unchanged
The Reserve Bank of India (RBI) has kept the repo rate and reverse repo rate unchanged at 6 percent and 5.75 percent respectively.
- Repo Rate: Unchanged at 6%
- Revrese Repo Rate: Unchanged at 5.75%
- Marginal Standing Facility (MSF) Rate: Unchanged at 6.25%
- Bank Rate: Unchanged at 6.25%
- Cash Reserve Ratio: Unchanged at 4%
- Statutory Liquidity Ratio (SLR): Changed by 50 basis points to 19.5%
- Bangladesh Signs USD 4.5 Billion Loan Deal With India
Bangladesh signed a whopping USD 4.5 billion third line of credit (LoC) agreement with India for its infrastructure and social sector development.
- The agreement was signed in the presence of Finance Minister Arun Jaitley and his Bangladeshi counterpart A M A Muhith.
- The new Indian line of credit, worth USD 4.5 billion, will be used to fund 17 major projects in Bangladesh, which include electricity, railroads, roads, shipping and ports.
- Rajnish Kumar as new SBI chairman
Rajnish Kumar, 59, the senior most of the managing directors at State Bank of India (SBI), will become the 25th chairman of the country’s largest lender, succeeding Arundhati Bhattacharya, who is set to retire on 6 October.
- The government announced his appointment for three years. Kumar currently is in charge of retail banking at SBI.
- Kumar’s appointment comes at a time when SBI’s profitability is under strain because of ballooning bad loans and sluggish credit growth.
- Kumar’s predecessor Bhattacharya was the first woman chairperson of the 200-year-old state-owned bank.
- The Nobel Prize in Chemistry 2017
The 2017 Nobel Prize in chemistry has been awarded to three scientists for improving images made of biological molecules.
- Jacques Dubochet, Joachim Frank and Richard Henderson will share the nine million kronor (£831,000) prize.
- They developed a technique called cryo-electron microscopy (cryo-EM), which simplifies the process for looking at the machinery of life.
- Prof Dubochet was born in Switzerland, Joachim Frank is German and Richard Henderson is from Edinburgh, UK.
- IIM Faculty Member Selected For Teaching Innovator Award 2016
IIM Bangalore’s Prof. P C Narayan, a faculty from the Finance & Accounting area, has been selected for the ‘Teaching Innovator Award-2016’ by the Ministry of Human Resource Development, Government of India.
- The Award will be presented at a ceremony by the MHRD, soon.
- The teaching innovation that fetched Prof. Narayan the award was titled “Transitioning from a ‘Teacher-centric’ to a ‘Student-centric’ Classroom and Online Learning”.
Source:- Daily Current Affairs Capsule
