Current Affairs > Daily Current affairs

Back
Daily News Analysis 20-03-2016

S.NO.

NEWS ITEM

SYLLUBUS

ESSENCE OF THE ARTICLE

1.         

 

Nepal PM seeks good ties with China, India (Page 13)

a)     I.R

a)     Strongly defending ties with China, Nepals Prime Minister K. P. Sharma Oli said the Himalayan country wanted good relations with both China and India to draw developmental benefits for the Nepali economy.

2.

Indian delegation to visit Egypt for boosting tea exports (Page 15)

a)     I.R

b)     Economy

a)     An Indian delegation will be visiting Egypt in a bid to perk up the countrys sagging tea exports to the African country.

3.

116 people affected by Zika in the US (Page 14)

a)     International

b)     Health

a)     The mosquito-borne Zika virus has infected at least 116 people (including an infant who was born with a severe brain development disorder) in the US.

4.

No privacy fear about Aadhaar law: Nilekani (Page 12)

a)     National

b)     Polity

a)     Nandan Nilekani (former chief of the Unique Identification Authority of India heading the Aadhaar project for the then UPA government) said it was time to acknowledge that a good policy idea could be truly bipartisan and that fears of the new Aadhaar Bill (cleared by Parliament this week) would violate privacy were unfounded.

5.

Govt allows 49 percent FDI in insurance under automatic route (Page 15)

a)     National

b)     Economy

a)     Seeking to attract more foreign investment, the government has relaxed FDI norms for the insurance sector by permitting overseas companies to buy 49 per cent stake in domestic insurers without prior approval.

6.

Fresh crew on ISS for Mars research (Page 20)

a)     S&T

b)     Geography

a)     The US space agency said the three Expedition 47 crew members docked safely on March 19 at the International Space Station where they will spend five months to continue key research that advances NASAs journey to Mars.

 

 

 

 

 

 

 

S.NO.

NEWS ITEM

SYLLUBUS

BACKGROUND

IMPORTANT POINTS

1.         

 

Nepal PM seeks good ties with China, India (Page 13)

a)     I.R

a)     India – Nepal relations

b)     Nepal – China relations

c)     Nepals new Constitution

d)     Madhesis concerns

a)     Strongly defending ties with China, Nepals PM K. P. Sharma Oli said the Himalayan country wanted good relations with both China and India to draw developmental benefits for the Nepali economy.

b)     Oli defended his policy with India indicating that New Delhis lack of support to the Nepali Constitution was due to lack of mutual understanding which was addressed during his February visit to India.

c)   Defending the statute which has been termed discriminatory by Nepals Madhesi population, he said that some Indian leaders and ministers were misinformed and misled about the new Nepali Constitution.

d)     He also strongly defended Nepals rights over water resources and said Nepal will allow hydroelectricity generation if the projects are in mutual benefit.

e)    Olis visit to China has been a subject of speculation since he came to power in October 2015. Reports suggest that the visit to China (beginning on March 20) may include landmark agreements on border trade and extradition of wanted criminals.

f)     Nepali Minister for Supplies, Ganesh Man Pun declared that Olis visit would lead to the conclusion of a bilateral agreement on fuel supply from China. He also announced that the Chinese govt would build fuel storage depots in 3 locations in Nepal for which plans have begun.

2.

Indian delegation to visit Egypt for boosting tea exports (Page 15)

a)     I.R

b)     Economy

a)     India – Egypt relations

b)     Indias tea exports

a)  An Indian delegation will be visiting Egypt in a bid to perk up the countrys sagging tea exports to the African country.

b)    The visit (the first since the Arab Spring turmoil) comes at a time when Indias overall tea exports have registered a 10-million-kg increase in 2015 over 2014. Exports stood at 217.67 million kg against 207.40 million kg a year ago. This is the most significant rise since 2005.

c)    The countries which helped boost tea exports from India, which faces intense competition from Kenya and Sri Lanka, are Russia, Iran and Pakistan.

d)   Russia increased its imports to 45.7 million kgs from 38.9 million kgs while Iran imported 20.3 million kgs against 38.9 kgs in 2014. Neighbouring Pakistan, too, increased its exports by nearly 20 percent.

e)     Russia, Iran, Egypt are among the key markets identified by the government for spearheading Indias tea exports. The programme called KRUCIAL includes Kazakhstan, Russia, US, China, Iran, Arab Republic of Egypt and Latin America.

f)     Egypt is a 80-million-kg market in which Indias share has slipped to about six million kgs from about 15 million kgs a decade ago. South India is the major exporter. The turmoil in Egypt contributed to India slipping in exports. African exporters like Kenya have location advantages and duty preferences which India is aiming to surmount.

3.

116 people affected by Zika in the US (Page 14)

a)     International

b)     Health

a)     Zika virus

b)     Microcephaly

c)     Centres for Disease Control and Prevention (CDC)

d)     WHO

 

a)     The mosquito-borne Zika virus has infected at least 116 people (including an infant who was born with a severe brain development disorder) in US.

b)     Zika has become an epidemic in Latin America and the Caribbean since last fall. CDCs latest report said that the most frequently reported countries with active Zika virus transmission visited by the patients were Haiti, El Salvador, Colombia, Honduras, and Guatemala.

c)     Also, the WHO said it is sending a team to Cape Verde to evaluate case of the neurological disorder microcephaly (its first case in Africa) thought to be linked to the Zika virus, in the island nation off West Africa.

4.

No privacy fear about Aadhaar law: Nilekani (Page 12)

a)     National

b)     Polity

a)     Aadhaar Bill

b)     Unique Identification Authority of India (UIDAI)

c)     A.P. Shah Committee report

d)     Lok Sabha

e)     Rajya Sabha

f)     Parliament

g)     Money Bill

a)     Nandan Nilekani (former chief of the UIDAI heading the Aadhaar project for the then UPA govt) said it was time to acknowledge that a good policy idea could be truly bipartisan and that fears of new Aadhaar Bill (cleared by Parliament this week) would violate privacy were unfounded.

b)     He pointed out that the new Bill had incorporated several safeguards with regard to privacy as highlighted by the A.P. Shah Committee report.

c)     The Bill (under the NDA) was introduced as a Money Bill in Parliament in the first part of the budget session that concluded on March 16. The Congress managed to get an amendment moved in the Rajya Sabha, but it was rejected by the Lok Sabha thereafter. It now awaits the signature of President Pranab Mukherjee.

5.

Govt allows 49 percent FDI in insurance under automatic route (Page 15)

a)     National

b)     Economy

a)     Foreign Direct Investment (FDI)

b)     Foreign Investment Promotion Board (FIPB)

c)    Insurance Regulatory and Development Authority (IRDA)

a)     Seeking to attract more foreign investment, the government has relaxed FDI norms for the insurance sector by permitting overseas companies to buy 49 percent stake in domestic insurers without prior approval.

b)    Currently, up to 26 percent FDI is permitted through the automatic approval route. For FDI up to 49 percent, the approval of FIPB is required.

c)    A govt notification said the foreign investment proposals up to 49 percent of total paid up equity of the Indian insurance company shall be allowed on the automatic route subject to verification by IRDA of India.

d)     During April-Dec 2015, FDI into the country grew by 40 percent to $ 29.44 billion.

6.

Fresh crew on ISS for Mars research (Page 20)

a)     S&T

b)     Geography

a)     Expedition 47

b)     Mars missions

c)     International Space Station (ISS)

d)     Bigelow Expandable Activity Module (BEAM)

e)     SpaceX

f)     NASA

g)     Roscosmos

a)     The US space agency said the three Expedition 47 crew members docked safely on March 19 at the International Space Station where they will spend five months to continue key research that advances NASAs journey to Mars.

b)     NASA astronaut Jeff Williams (with Alexey Ovchinin and Oleg Skripochka of the Russian space agency Roscosmos) launched aboard a Soyuz TMA-20M spacecraft from Baikonur Cosmodrome in Kazakhstan, orbited Earth four times, and docked at the station.

c)     The Expedition 47 crew will spend 5 months conducting more than 250 science investigations in fields that benefit all of humanity, such as biology, earth science, human research, physical sciences and technology development.

d)     Investigations arriving on Orbital ATKs fifth NASA-contracted commercial resupply mission in late March will include a study of realistic fire scenarios on a spacecraft, enable the first space-based observations of meteors entering Earths atmosphere from space and explore how soil behaves and moves in microgravity.

e)     Expedition 47 crew members also are expected to receive the first expandable habitat, which will allow NASA its first test of an innovative habitat concept that can support astronauts who live and work in the harsh environment of space.

f)     The Bigelow Expandable Activity Module is an experimental expandable module scheduled for delivery on SpaceXs eighth NASA-contracted cargo resupply mission.

Branches

Ashok Nagar Branch
1-10-223/A, Sub-register office Line
Hyderabad
+91 9052 29 29 29, 9052 19 29 29

Madhapur Branch
Plot No.3, 2nd floor, Raghuma Towers
Hyderabad
+91 9052 492929

Delhi:
Old Rajendra Nagar

Send to mail

Request for call