Important Points @ Glance: Part 7
1) Indian Prime Minister
Narendra Modi and Sri Lankan President Maithripala Sirisena recently released ‘Simhastha Declaration’ at Ninora
village in Ujjain. 51 sacred points have been included in this declaration for
betterment of mankind and these points are expected to start new discourse for
India and the world. The declaration is a guideline on how “a duty-centred
system, which had been the origin of Indian philosophy of life, has become the
most relevant today”. The declaration will be the essence of a year-long
exercise of seminars and conferences on religion, spirituality and its relationship
with science, climate change and deep ecology.
2) ICICI Bank, India’s
largest private sector bank, has announced the launch of contactless business credit card in association with Jet Airways for
small and mid-sized enterprises (SMEs) and their employees. Christened Jet
Airways ICICI Bank Business Advantage Card, this co-branded credit card helps
customers to save on their business expenses. It also provides customers
opportunities to earn JPMiles on both spends as well as repayments on a list of
business expense categories including travel, dining, office stationary, online
advertising and vendor payments among others. The card is powered by the ‘VISA
pay Wave’ contactless technology that enables the cardholder to make payments
by simply tapping the card at contactless-enabled terminals in more than 48
countries including India.
3) The Union Cabinet has
given its approval for signing of a Memorandum of Understanding (MoU) between
Securities and Exchange Board of India (SEBI) and Financial Services Regulatory
Authority (FSRA), Abu Dhabi for mutual co-operation and technical assistance
between the two regulators. The MoU will promote further development of
economic links and cooperation between the two signatories and will help create
conditions for development of securities markets in the two countries. It would
also contribute towards strengthening the information sharing framework between
the two regulators.
4) An Indian Air Force
(IAF) team has successfully concluded ‘Red
Flag Alaska 16-1’, an advanced aerial combat training exercise at Eielson
Air Force Base in Alaska, United States of America.
1) Ministry of New and
Renewable Energy (MNRE) has selected Aryans College of Engineering, Rajpura
near Chandigarh for developing it as a green campus under its scheme on development
of Solar Cities. With this, under the scheme 12 organizations have been
sanctioned a grant of Rs 5,00,000 each for preparing the master plan which
should be done within 12 months as per the guidelines in order to develop their
campuses as green campuses.
India has successfully
test-fired Advanced Air Defence (AAD) supersonic interceptor missile from the
integrated test range (ITR) of Abdul Kalam Island, formerly known as Wheeler
Island, in Balasore, Odisha. It was engaged against the naval version of Prithvi
missile launched from a ship anchored inside Bay of Bengal. The indigenously
developed interceptor missile is capable of destroying any incoming hostile
ballistic missile. The AAD interceptor is a 7.5 metre single-stage solid fuel
rocket equipped with a navigation system, a hi-tech computer and an
electro-mechanical activator.
2) A US congressional
panel has issued a report warning of the dangers of the China’s “Guam killer” missile. The missile is
capable of hitting targets 3,400 miles away. It has raised new fears of a
growing Chinese threat to major U.S. military installations and stability in
the Pacific Rim.
3) Scientists at the
University of Sheffield have identified a protein, involved in the development
of the human placenta. The study shows that a protein called Syncytin-1, which was the result of a
viral infection of our primate ancestors 25 million years ago, is first
secreted on the surface of a developing embryo even before it implants in the
womb. This means the protein is likely to play a major role in helping embryos
stick to the womb as well as the formation of the placenta. This fundamental
understanding of the earliest stages of human embryo development is crucial for
improving current treatments for a variety of stressful complications during
pregnancy such as recurrent miscarriages, fetal growth restriction syndrome and
pre-eclampsia — a life-threatening condition of elevated maternal blood
pressure during pregnancy.
4) The India
Meteorological Department (IMD) has said that the arrival of the southwest
monsoon in Kerala will be delayed by at least a week beyond the normal of June
1. Though this could lead to reduced rainfall in June, it would not affect the
overall quantum of rains across the country. The IMD’s model has an inbuilt
error of four days which means the monsoon rains could set in as early as the
June 3 or as late as June 11. According to IMD, the delay in onset over Kerala
is because of the El Nino, which, though waning, is still strong, and the
waters of the Indian Ocean being warmer than usual for this time of the year.
Important Points @ Glance: Part 2
Important Points @ Glance: Part 3
Important Points @ Glance: Part 4
Important Points @ Glance: Part 5
Important Points @ Glance: Part 6
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