Short Notes/ Tit bits/ Glossary

International Solar Alliance (ISA)

Date: February 03, 2016

International Solar Alliance (ISA ) is conceived as a coalition of solar resource rich countrieslying fully or partially between the Tropic of Cancer and the Tropic of Capricorn to address their special energy needs and will provide a platform to collaborate on addressing the identified gaps through a common, agreed approach.ISA has been envisioned as a specialized platform and will contribute ...

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Tracks of diplomacy

Date: January 06, 2016

What is Diplomacy:- Diplomacy is the art and practice of conducting negotiations between representatives of states. It usually refers to international diplomacy, the conduct of international relations through the intercession of professional diplomats with regard to issues of peace-making, trade, war, economics, culture, environment, and human rights. International treaties are...

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Date: December 31, 2015

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Vanbandhu Kalyan Yojana:

Date: July 25, 2015

The Scheme “Vanbandhu Kalyan Yojana (VKY)” was included as a Central Sector Scheme in the Annual Plan of Ministry of Tribal Affairs with an initial allocation of Rs. 100.00 Crore for 2014-15.

Aim of the scheme: The VKY is broadly a process, aiming at overall development of tribal people with an outcome-base approach, which would ensure that all the intended benefits goods an...

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National Population Stabilisation Fund/Jansankhya Sthirata Kosh

Date: July 14, 2015

The “Jansankhya Sthirata Kosh” (JSK) has been registered as an autonomous Society established under the Societies Registration Act of 1860. JSK has to promote and undertake activities aimed at achieving population stabilisation at a level consistent with the needs of sustainable economic growth, social development and environment protection, by 2045.
The Union Health Minis...

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The Foreign Account Tax Compliance Act (FATCA).

Date: July 12, 2015

The U.S. government enacted FATCA in 2010 to obtain information on accounts held by US taxpayers in other countries. Under FATCA, foreign financial institutions in the U.S. will have to provide information about Indian account holders to the U.S. government’s Internal Revenue Service (IRS), which will forward the information to the Indian government. The Indian government will p...

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Synthetic Rice

Date: July 09, 2015

Chinese 'plastic' rice in India

The Food Safety and Standards Authority of India might have banned Nestle Maggi for the lead content found in it, however the next more dangerous issue is about the plastic rice of China which is dumped in India.

The 'rice' is supposedly made in China by mixing pot...

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Alternative Investment Funds (AIFs)

Date: July 06, 2015

Alternative Investment Funds (AIFs) are funds incorporated in India for the purpose of pooling in capital from Indian investors. In this year’s budget Arun Jaitley announced that foreign investors would also be allowed to invest in the AIFs.

AIFs are regulated by SEBI and it includes private equity, venture capital and hedge funds.

The RBI which regulates Foreign Exchange ...

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North Eastern Council:

Date: July 03, 2015

The North Eastern Council is the nodal agency for the economic and social development of the North Eastern Region which consists of the eight States of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura. The chief ministers and governors represent them.

The headquarters of the council is situated in Shillong, and it functions under Ministry of Developmen...

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Algorithm trading/high frequency trading (HFT)

Date: July 01, 2015

Algorithm trading/high frequency trading (HFT) is a trading system that utilizes very advanced mathematical models for making transaction decisions in the financial markets. High-Frequency Trading is a subset of Algorithm trading. In HFT the focus is on transacting a large number of orders at very fast speeds. Typically, the traders with the fastest execution speeds will be more profi...

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Immunogen eOD-GT8 60mer (new hope against HIV/AIDS infection)

Date: June 23, 2015

The Scientists from different research institutions led by the Scripps Research Institute (TSRI), have discovered that immunisation of a mouse’s body with a protein nanoparticle immunogen called eOD-GT8 60mer produces antibody “precursors” with some of the traits necessary to recognize and block HIV infection.The nanoparticle eOD-GT8 60mer could be one of the several immunogen...

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Monosodium glutamate (MSG) (Maggi issue)

Date: May 31, 2015

The Dangers of MSG

Monosodium glutamate is a kind of amino acid.MSG, or Monosodium Glutamate is a salt that is chemically converted into a flavour enhancer. Research has shown that MSG, found in most popular processed foods, causes weight gain and obesity in lab animals by damaging the appetite regulation cen...

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Akash Missile

Date: May 06, 2015

It is India’s first indigenously designed, developed and produced medium range Surface to Air missile.The missile system can target aircraft up to 25 km away, at altitudes up to 18,000 m.A nuclear warhead could potentially give the missile the capability to destroy both aircraft and warheads from ballistic missiles.It can be used by both Army and Air Force.The Akash system is fully mobile...

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Armed Forces (Special Powers) Act

Date: May 05, 2015

AFSPA: The law in question

The Armed Forces (Special Powers) Act (AFSPA), is an Act of the Parliament of India which was passed on 11 September 1958.It is a law with just six sections granting special powers to the Indian Armed Forces in what the act terms as "disturbed areas". The choice of declaring any are...

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National Disaster Response Force (NDRF)

Date: April 27, 2015

NATIONAL DISASTER RESPONSE FORCE:SAVING LIVES AND BEYOND

The National Disaster Response Force (NDRF) is a disaster response agency under National Disaster Management Authority (NDMA) created by the Ministry of Home Affairs, Government of India. It was established in 2009 in Delhi, for disaster management and ...

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PUBLIC INTEREST LITIGATION (PIL)

Date: April 13, 2015

The term “PIL” originated in the United States in the mid-1980s. Since the nineteenth century, various movements in that country had contributed to public interest law, which was part of the legal aid movement.

Public Interest Litigation had begun in India towards the end of 1970s and came into full bloom in the 80s. Justice V.R. Krishna Iyer and Justice P.M. Bhagwat...

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Net neutrality

Date: April 13, 2015

Net neutrality (also network neutrality, Internet neutrality, or net equality) is the principle that Internet service providers and governments should treat all data on the Internet equally, not discriminating or charging differentially by user, content, site, platform, application, type of attached equipment, or mode of communication.

Net neutrality, or the notion that internet service...

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Indian Regional Navigation Satellite System

Date: April 09, 2015

The Indian Regional Navigation Satellite System is designed to provide accurate position information service to users in India as well as the region extending up to 1500 km from its boundary, which is its primary service area.It will provide two types of services, namely, Standard Positioning Service (SPS) which is provided to all the users and Restricted Service (RS), which is an enc...

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LARGE HADRON COLLIDER

Date: April 07, 2015

Large Hadron Collider is an internationally funded research installation based at CERN on the Swiss-French border. It is composed of millions of parts, weighing tens of thousands of tonnes in total and situated 100 metres below ground. It will operate at -271 Celsius, that’s an extremely chilly 1.9 degrees above absolute zero.

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SONAR

Date: April 07, 2015

Sonar ( SOund Navigation And Ranging) is a technique that uses sound propagation (usually underwater, as in submarine navigation) to navigate, communicate with or detect objects on or under the surface of the water, such as other vessels. Sonar uses the echo principle by sending out sound waves underwater or through the human body to locate objects. 

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XDR-TB

Date: March 24, 2015

XDR stands for Extensively Drug resistant – Tuberculosis

Extensively drug-resistant tuberculosis (XDR-TB) is a form of tuberculosis caused by bacteria that are resistant to the most of the effective anti-TB drugs. Some contend that XDR-TB strains have emerged from the mismanagement of multidrug-res...

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Special economic zone (SEZ)

Date: February 12, 2015

Special Economic Zones (SEZ) are  designated areas  within the country that possess special economic regulation that are different  from other areas in the same country.The regulations tend to contain measures that are conducive to trade, export , foreign  direct investment , employment generation etc..Business entities doing business SEZ’s would also receive  tax...

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Russian one Project

Date: February 12, 2015

Russian scientists through Russian one project are planning to create a space observatory which can sport asteroids measuring over 50 meters at a distance of one astronomical unit & other space objects.Russian one project will help to monitor  the hazardous space objects/detection of space threats .

An Astronomical unit measures roughly the distance from Earth to sun.The AU is ...

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