THE EXAMS MADE SIMPLE: 03rd April 2018 The Hindu and PIB News Analysis

Search Any Topic


03rd April 2018 The Hindu and PIB News Analysis

DAILY PRELIMS PRACTICE QUESTIONS:-

1)Which one of the following states does not have a legislative council presently?

(a) Gujarat
(b) Telangana
(c) Andhra Pradesh
(d) Karnataka

2)Consider the following statements about the Law Commission of India:

1. India’s first Commission was established via the Charter Act of 1853 which paved the way for the enactment of the Penal Code of 1860

2. It is a statutory Body 

Which of the statements given above is/are correct?

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

3)The Laakso-Taagepara method is a technique for

(a) Detecting exoplanets
(b) Neutral Real Rate of Interest estimation
(c) Determining the viability of moonshot urban transportation projects in developing countries
(d) Finding effective number of Political Parties


1)Core industries:- Core industries can be defined as main industry of the economy. In most countries, there is particular industry that seems to be backbone of all other industries.

There are 8 Core Industries.

  1. coal, 
  2. crude oil, 
  3. natural gas, 
  4. petroleum refinery products, 
  5. fertilisers, 
  6. steel, 
  7. cement and 
  8. electricity.


Revised weightage in core sectors:
Petroleum Refinery production (weight: 28.04%),
Electricity generation (19.85%),
Steel production (17.92%),
Coal production (10.33%),
Crude Oil production (8.98%),
Natural Gas production (6.88%),
Cement production (5.37%),
Fertilizers production (2.63%).


NOW WHAT WAS THE NEWS ABOUT CORE SECTORS :- Core sector growth up 5.3% in Feb.



2)India ranks 37th in global startup ecosystem in 2017:- According to report released by global startup ecosystem map Startupblink, India was ranked 37th out of 125 countries in global startup ecosystem in 2017.

 3)Fimbristylis agasthyamalaensis: New plant species discovered in Western Ghats:- Researchers have discovered new grass-like plant species named Fimbristylis agasthyamalaensis in Ponmudi hills within the Agasthyamala Biosphere Reserve.

About Agasthyamala Biosphere Reserve:- It was established in 2001. It is named after Agastya Mala peak.  In March 2016, it was included in the World Network of Biosphere Reserves of UNESCO.

It is also home to rare endimic animals include tiger, Asian Elephant, and Nilgiri Tahr. It is home to Kanikaran tribe, one of the oldest surviving ancient tribes in the world.

4)Adopt a Heritage Project: Monument Mitras to adopt heritage sites and monuments:- Ministry of Tourism in close collaboration with Ministry of Culture and Archaeological Survey of India (ASI) had launched Adopt a Heritage Project.

Under it, selected public sector companies, private sector companies and individuals will develop tourist amenities at heritage sites. They will be called as ‘Monument Mitra’ and adopt the sites essentially under their Corporate Social Responsibility (CSR) activity.

5) India replaces Vietnam to become second largest producer of mobile phones :- India is now the second-largest mobile phone producer in the world after China. 

According to the data shared by Indian Cellular Association with the government, annual production of mobile phones in India increased from 3 million units in 2014 to 11 million units in 2017.

With this, India replaced Vietnam to become the second largest producer of mobile phones in 2017.

6)SIDBI officials celebrate foundation day:- The Small Industries Development Bank of India (SIDBI) celebrated its foundation day this year on April 2, 2018.
The day was celebrated as day of Sampark (connect), Sanwad (interaction), Suraksha (security) and Sampreshan (disseminate).




Several initiatives were launched on this occasion.
They are MSME contact programme; Samridhhi, a virtual assistant; revamped SIDBI website (www.sidbi.in)and Bankability Kit.

SIDBI is the principal development financial institution for promotion, financing and development of Micro, Small and Medium Enterprises (MSME) sector in India.

It was established on April 2, 1990 through an Act of Parliament (thus, it is statutory body). It is headquartered in Lucknow, Uttar Pradesh.

SIDBI aims to facilitate and strengthen credit flow to MSMEs and address both financial and developmental gaps in MSME eco-system across the country.

No comments:

Post a Comment