Updates for Today

Power deficit States can get electricity from surplus regions

IAS Notes — Tue, 21 May 2013 14:08:52 +0000

The government, said power surplus States could transfer surplus electricity to ones grappling with shortage through a new system. “The surplus power from the States can be transferred to power deficit States through the Inter-State Transmission System (ISTS) from the source of supply between the point of supply and point of drawl”. In addition, licences [...]

Power deficit States can get electricity from surplus regions was posted at Gs Current Affairs for Exams

Global retailers can open warehouses in States opposing FDI

IAS Notes — Tue, 21 May 2013 14:05:44 +0000

Global retailers such as Walmart and Tesco can set up warehouses and cold storages as well as source products from small and medium enterprises (SMEs) in States which have not permitted FDI in the multi-brand retail sector. U.S.-based Walmart and U.K.-based Tesco have sought clarifications from the Department of Industrial Policy and Promotion (DIPP) on [...]

Global retailers can open warehouses in States opposing FDI was posted at Gs Current Affairs for Exams

India, China take steps to reduce trade gap

IAS Notes — Tue, 21 May 2013 14:01:34 +0000

India and China, signed a series of memorandum of understandings (MoUs) on pharmaceuticals, buffalo meat and fisheries and an agreement on feed and feed ingredients to address the growing trade deficit. The MoU for the export of buffalo meat from India to China was signed between Chinese General Administration of Quality Supervision, Inspection and Quarantine [...]

India, China take steps to reduce trade gap was posted at Gs Current Affairs for Exams

India, China renew flood data pact on Brahmaputra

IAS Notes — Tue, 21 May 2013 13:59:25 +0000

India is seeking a joint mechanism with China for better transparency on the 39 project sites that the latter has identified on the Brahmaputra and its tributaries, what was signed during the visit of Chinese Premier Li Keqiang was a “renewal” of the pact on sharing of flood data during the north-west monsoon season. The [...]

India, China renew flood data pact on Brahmaputra was posted at Gs Current Affairs for Exams

India plays down omission of ‘Tibet’ from joint statement

IAS Notes — Tue, 21 May 2013 13:39:14 +0000

India’s decision to once again avoid reaffirming its commitment to a ‘One China policy’ has raised eyebrows in Beijing but Indian officials are playing down the omission of “Tibet” from the joint statement issued after talks between Prime Minister Manmohan Singh and Chinese Premier Li Keqiang. Diplomats in Beijing say China seeks from every country, [...]

India plays down omission of ‘Tibet’ from joint statement was posted at Gs Current Affairs for Exams

India seeks “clarification’’ on Kishanganga order

IAS Notes — Tue, 21 May 2013 13:37:33 +0000

India has moved the Court of Arbitration at The Hague for “clarification” or “interpretation” of its order delivered in February on its dispute with Pakistan over the 330 MW Kishanganga project under construction in North Kashmir. In the order, the Court does not permit New Delhi to use the modern “draw down” technique for removal [...]

India seeks “clarification’’ on Kishanganga order was posted at Gs Current Affairs for Exams

Special Representatives to ensure Depsang-type incidents don’t reoccur

IAS Notes — Tue, 21 May 2013 13:34:53 +0000

India and China expressed a strong desire to resolve pending issues and take the relationship forward in new spheres such as civil nuclear energy during two rounds of discussions between Prime Minister Manmohan Singh and visiting Chinese Premier Li Keqiang. India could not get its way with an upgraded joint mechanism on trans-border rivers to [...]

Special Representatives to ensure Depsang-type incidents don’t reoccur was posted at Gs Current Affairs for Exams

RBI should be sole regulator for home loans

IAS Notes — Tue, 21 May 2013 05:45:53 +0000

State Bank of India, suggested that the Reserve Bank of India (RBI) should be the regulator for all home loans provided by banks or housing finance companies (HFCs). A single regulator having the same rules for all players would help remove the regulatory arbitrage that existed between banks and HFCs, he said. The RBI had [...]

RBI should be sole regulator for home loans was posted at Gs Current Affairs for Exams

Map signals existence of other universes

IAS Notes — Tue, 21 May 2013 03:53:05 +0000

Scientists believe they have for the first time found evidence of the existence of other universes by analyzing data gathered by the European Space Agency’s Planck spacecraft. Scientists published a new map of the cosmic microwave background — the ‘radiation’ left behind after the Big Bang that created the universe 13.8 billion years ago. The [...]

Map signals existence of other universes was posted at Gs Current Affairs for Exams

RBI links inflation bonds to WPI, may look at CPI later

IAS Notes — Tue, 21 May 2013 03:43:10 +0000

Inflation-indexed bonds — the government’s strategy to promote savings despite runaway prices — will make its debut next month with several limitations which might reduce its attractiveness for retail investors. Firstly, the bonds will be indexed against wholesale price index (WPI) which measure variation in producer prices while what is more relevant to the consumer [...]

RBI links inflation bonds to WPI, may look at CPI later was posted at Gs Current Affairs for Exams

Pak opts for China’s sat nav system over US’s GPS

IAS Notes — Tue, 21 May 2013 03:33:57 +0000

Pakistan will become the fourth country in the world to adopt the Chinese domestic satellite navigation system, according to China Daily. Called the Beidou (or compass) system, it started services in the civilian area of the region in December 2012 and is expected to provide global coverage by 2020. The system also has military applications. [...]

Pak opts for China’s sat nav system over US’s GPS was posted at Gs Current Affairs for Exams

Israel is largest drone exporter

IAS Notes — Tue, 21 May 2013 03:25:41 +0000

Israel is the world’s largest exporter of drones, mainly to Europe, Asia and Latin America, over the past eight years. Israel is considered at the forefront of military technological development. It regularly uses drones to monitor activity in Gaza and carry out targeted assassinations. The use of drones by the United States to carry out [...]

Israel is largest drone exporter was posted at Gs Current Affairs for Exams

RBI to Fix Tenor & Rates for Loans to Foreign Arms

IAS Notes — Mon, 20 May 2013 13:29:24 +0000

The RBI is set to end the free-run enjoyed by Indian companies in extending loans and guarantees to their overseas arms, a tool often used to retain foreign earnings overseas. Indian companies will now be able to provide such loans only on fixed rate of interest and for a fixed tenure, ensuring periodic interest is [...]

RBI to Fix Tenor & Rates for Loans to Foreign Arms was posted at Gs Current Affairs for Exams

Tax Confusion Keeps FIIs Out of Bond Party

IAS Notes — Mon, 20 May 2013 13:21:35 +0000

Foreign institutional investors are holding back from buying Indian corporate bonds despite the best rally in five years as the government notification on the reduction of withholding tax has added to confusion than clearing it. In a notification it said the lower tax rate will be applicable “provided that the rate of interest in respect [...]

Tax Confusion Keeps FIIs Out of Bond Party was posted at Gs Current Affairs for Exams

‘Drying’ DNA pool stalks Indian tigers

IAS Notes — Mon, 20 May 2013 13:20:08 +0000

Scientists say the famed big cats of India are facing a serious threat of extinction owing to a ‘collapse’ in the variety of their mating partners. Welsh researchers say tigers were nearly wiped out in India during British Raj. Researchers identified a very high number of DNA variants in the tigers shot during the British [...]

‘Drying’ DNA pool stalks Indian tigers was posted at Gs Current Affairs for Exams

Syrian army storms rebel stronghold

IAS Notes — Mon, 20 May 2013 13:17:43 +0000

Syrian troops backed by Lebanon’s Hezbollah entered Qusayr, a strategic rebel stronghold linking Damascus to the coast, a day after President Bashar al-Assad insisted he would not quit. The Arab League called an emergency meeting, ahead of the conference, as the opposition Syrian National Council (SNC) demanded it meet and “stop the massacre in Qusayr”. [...]

Syrian army storms rebel stronghold was posted at Gs Current Affairs for Exams

Largest hydroelectric dam

IAS Notes — Mon, 20 May 2013 13:14:08 +0000

Work on the world’s biggest hydroelectric dam will start in the Democratic Republic of Congo (DRC), The proposed Inga dam on the Congo River also involved multilateral lending institutions. “With a production of 40,000 megawatts, the Grand Inga project will eventually provide electricity to half the African continent. Related Posts Today GK – Biggest, Highest, [...]

Largest hydroelectric dam was posted at Gs Current Affairs for Exams

China ‘crushing’ Tibetan dissident groups in Nepal

IAS Notes — Sun, 19 May 2013 13:12:25 +0000

Wary of dissident Tibetan groups making Nepal a hub for their anti-China activities, Beijing appears to have taken to squeezing the Himalayan nation on the issue by using its development initiatives as a counter-pressure tactic. China, which already boasts of a wide involvement in Nepal that covers all critical areas, including defence, infrastructure building and [...]

China ‘crushing’ Tibetan dissident groups in Nepal was posted at Gs Current Affairs for Exams

India to use G-sats for missile cover

IAS Notes — Sun, 19 May 2013 13:09:35 +0000

India has launched an ambitious programme to use its array of geo-stationary satellites to monitor missile activities in an area of 6,000km. The advantage of using geo stationery satellites is their fixed position at a height of 36,00-0km, which is synchronised with the earth’s movement. They will capture the signature of any “missile launch activities happening [...]

India to use G-sats for missile cover was posted at Gs Current Affairs for Exams

Dancing god makes an appearance at museum

IAS Notes — Sun, 19 May 2013 13:06:38 +0000

As part of World Heritage Day celebrations, the Museum has put together an impressive collection of Chola bronze idols of the Hindu deity. On display at the two-day exhibition, is an idol of Chandrasekara, who stands erect with four hands which hold the usual attributes — axe (‘parasu’) and an antelope (‘mrga’) — and the [...]

Dancing god makes an appearance at museum was posted at Gs Current Affairs for Exams

New drug price regime to alter structure

IAS Notes — Sun, 19 May 2013 05:46:01 +0000

The Indian consumer will benefit under the new Drug Pricing Control Order 2013 (DPCO 2013) which has been notified and will replace the DPCO 1995. The new policy differs from the existing DPCO 1995 in that it is based on the simple average price (SAP) for all brands with a market share above 1 per [...]

New drug price regime to alter structure was posted at Gs Current Affairs for Exams

U.S. clears shale gas export to India

IAS Notes — Sun, 19 May 2013 05:30:18 +0000

Opening up the prospects of export of shale gas to energy-starved India, the U.S. has granted conditional authorization to export domestically-produced liquefied natural gas (LNG) to countries that do not have a free trade agreement (FTA) with it. Department of Energy (DoE), announced that it had conditionally authorized Freeport LNG Expansion, LP and FLNG Liquefaction, [...]

U.S. clears shale gas export to India was posted at Gs Current Affairs for Exams

Download Latest Current Affairs question paper.

gscurrentaffairs — Sat, 18 May 2013 12:26:22 +0000

This current Affairs Question paper consists of March & April month content. Hope this will be a refreshing test for the Prelims candidates. Download for free. Related Posts Rapid GK -92 Come September, India may Ban Handsets Sans Radiation Display CSAT Paper I 2012 Model Question Paper By Ganesh’s ias Academy Chennai Working hard [...]

Download Latest Current Affairs question paper. was posted at Gs Current Affairs for Exams

Has Malabar civet become extinct ?

IAS Notes — Sat, 18 May 2013 05:22:49 +0000

· The Western Ghats’ rarest and most threatened mammal, the Malabar civet, might have become extinct. · The Zoological Society of London (ZSL) in the first study of the world’s most unique, threatened mammals and amphibians said the civet’s population status was presently unknown. · The species was thought to be nearly extinct by the [...]

Has Malabar civet become extinct ? was posted at Gs Current Affairs for Exams

Melting glaciers also behind sea-level rise

IAS Notes — Sat, 18 May 2013 05:21:02 +0000

World’s shrinking glaciers contributed to almost a third of the sea-level rise between 2003 and 2009, a new study has found. While 99% of Earth’s land ice is locked up in the Greenland and Antarctic ice sheets, the remaining ice in the world’s glaciers contributed just as much to sea rise as the two ice [...]

Melting glaciers also behind sea-level rise was posted at Gs Current Affairs for Exams

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