National

National

Cyclonic Storm ‘PABUK’ over Andaman Sea & neighbourhood

A warning was issued by The India Meteorological Department (IMD) that a Cyclonic storm “PABUK” over Andaman Sea and neighbourhood is moving towards west-northwestwards with a speed of 21 kmph.

Cyclone warning for Andaman Islands is “ORANGE MESSAGE”.

 

Arunima Sinha Becomes Worlds 1st Female Amputee To Scale Antarcticas Highest Peak

Arunima Sinha, the first female amputee to have conquered Mt Everest, created yet another record as she became world’s first woman amputee to climb Mount Vinson, the highest peak in Antarctica.

 

NGT imposes Rs 100 Cr fine on Meghalaya govt

National Green Tribunal imposed a fine of 100 crore rupees on Meghalaya government for its failure to curb illegal coal mining in the state.

The amount of the fine has to be deposited with the Central Pollution Control Board within two months. The action comes after a high-level committee submitted an adverse report to a bench headed by NGT chairperson AK Goel.

The report stated that the majority of the mines in the state are operating without a lease or license.

Senior advocate Raj Panjawani is assisting the tribunal as an amicus curiae in the matter. He said, during the hearing, Meghalaya government admitted that a large number of mines are operating illegally.

 

The Lok Sabha today passed 3 Bills. They are :

Aadhaar and Other Laws (Amendment) Bill, 2018 : To provide legal backing to voluntary seeding
of biometric Aadhaar ID with mobile numbers and bank accounts after the Supreme Court barred
mandatory use of the 12-digit unique identifier by private firms.

Companies (Amendments) Bill, 2018 : To improve ease of doing business, declog the NCLT and
prescribe strong action against non-compliant companies.

New Delhi International Arbitration Centre Bill, 2018 : To set up a revamped International
Arbitration Centre at New Delhi with an aim to make India the hub of arbitration.

 

International

International

China named its lunar rover as Yutu 2

China successfully deployed Chang’e-4 lunar probe to carry out a string of experiments on the unexplored far side of the moon.  It has named the lunar rover as ‘Yutu 2’.

The Lunar rover Yutu 2 touched the lunar surface and left a trace on the loose lunar soil. The rover’s touchdown is part of China Chang’e-4 lunar probe.

Analysts say that China’s lunar probe is part of its Made in China-2025 project. It will be focusing on advanced technology, including space applications

 

China successfully tested its Mother of All Bombs

China successfully tested its most powerful non-nuclear weapon, dubbed as the Mother of All Bombs. The bomb, whose strength is only second to that of a nuclear weapon, was dropped by a Chinese H-6K bomber. 

The bomb is five to six metres long (16 to 20 feet), but weighs less than the American version. In a short video published on the website of state arms manufacturer Norinco, the massive bomb drops on to a plain and produces a gigantic ball of fire and black smoke

 

The Khyber Pakhtunkhwa (KP) provincial government of Pakistan has declared the ancient Hindu religious site of Panj Tirath (Peshawar) as National heritage.

Panj Tirath derives its name from the five pools of water in the site which also has a temple.

According to the epic of Mahabharat, the mythical king Pandu belonged to this area and Hindus used
to come to these pools for bathing during the auspicious month of Karteek and worship for two days
under the trees.

 

Economy&Finance

Economy & Finance

Government amalgamated three Regional Rural Banks-Punjab Gramin Bank, Malwa Gramin Bank and Sutlej Gramin Bank into a single Bank

With the effect from 1st January 2019, the three Regional Rural Banks (RRBs) – Punjab Gramin Bank, Malwa Gramin Bank and Sutlej Gramin Bank has been amalgamated into a single RRB by the Government.

About Punjab:
♦ Chief Minister: Amarinder Singh
♦ Governor: V.P. Singh Badnore
♦ Capital: Chandigarh
About National Bank for Agriculture and Rural Development (NABARD):
♦ Chairman: Harsh Kumar Bhanwala
♦ Headquarters: Mumbai
♦ Founded: 12 July 1982

 

Vijay Mallya first person to be named ‘fugitive economic offender’, under ED’s plea: PMLA Mumbai

Vijay Mallya became the first person to be declared a ‘fugitive economic offender’ under Section 12 of the Fugitive Economic Offenders’ Act, 2018 by a special Prevention of Money Laundering Act (PMLA) Court in Mumbai.

The Enforcement Directorate (ED) had filed an application before the court in November, 2018 and this declaration was made by Special judge MS Azmi.

He is wanted in India for defaulting on Rs. 9,000 crore in loans to his failed Kingfisher Airlines from a consortium of 12 banks led by the State Bank of India.

Miscellaneous

Appointment 

Subramanian resigned from Bandhan Bank following appointment as Chief Economic Advisor

Bandhan Bank announced the resignation of independent director Krishnamurthy V Subramanian following his appointment as the chief economic advisor (CEA) to the government.

On December 7, 2018, the government appointed Subramanian as the CEA for a period of three years.

He replaced Arvind Subramanian, who resigned from the post in June 2018.

 

Sudhir Bhargava apppointed as the new CIC

Centre has appointed Sudhir Bhargava as the new Chief Information Commissioner (CIC). Four new members have also been appointed to CIC, taking its strength to seven. Four vacancies still remain. Mr. Bhargava, a former Secretary to the Social Justice Ministry, has been a Commissioner since June 2015. He will be the ninth chief of the CIC.

The CIC is the highest appeal body under the Right to Information Act. It has been functioning with just three members since the former chief and several members completed their tenure last month.

Awards

Andhra Pradesh government bagged the Central Board of Irrigation and Power (CBIP) Award

It is for speedy execution of Polavaram multipurpose project on the Godavari river.

The state’s Water Resources Minister Devineni Umamaheswar Rao received the award in the category
of “Best Implementation of Water Resources Project” for better planning, implementation and
monitoring.

Thought of the Day

“With the new day come new thoughts and new strengths.”


Quiz based on Daily Current Affairs 5th January 2019

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