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Daily Current affairs - February 16, 2018 for all competitive exams

Pareeksha pe Charcha - PM's interactive session with students
The Prime Minister, Shri Narendra Modi, held a Town Hall session with students on subjects related to examinations.
  • He took questions from students at the event venue in Talkatora Stadium in New Delhi.
  • PM Modi has often addressed the concerns of students on his radio show ‘Mann ki Baat’. It was during one of the episodes of his radio show that the PM decided to make a compilation of his thoughts on the matter of exams and the stress students go through, he coupled it with relatable anecdotes.
He authored the book ‘Exam warriors’ for students with the aim to get them through the stress of appearing for exams with a smile.


PM Narendra Modi to inaugurate conference at World Sustainable Development Summit
Prime Minister Narendra Modi will formally inaugurate the World Sustainable Development Summit 2018 in New Delhi’s Vigyan Bhawan.
  • Organised by The Energy and Resources Institute (TERI), the three-day summit will see participation from over 41 countries.
  • Union Minister for Environment, Forest and Climate Change, Dr Harsh Vardhan will also attend the event.
The World Sustainable Development Summit (WSDS), TERI's flagship event, has been conceptualized as a single platform to accelerate action towards sustainable development and especially climate change. The WSDS series seeks to bring together the finest minds and leading thinkers of the world to focus attention on the challenge of sustainable development and has emerged as a landmark event addressing issues pertinent to the future of humanity.


Govt. drops the idea of an India EV policy
The government has decided against formulating an electric vehicle (EV) policy in an apparent U-turn from its position so far, providing a breather to many carmakers that are unprepared for an abrupt shift to the clean-fuel technology.
  • The existing FAME (incentive) scheme may continue for another two years.
  • The government’s decision to have an EV policy had created uncertainty in the automobile industry for the past year, although several companies had outlined their strategies for EVs or lobbied the government to drop the idea.
FAME India – Faster Adoption and Manufacturing of Hybrid and Electric vehicles in India – is a part of the National Electric Mobility Mission Plan launched in 2015. The scheme envisages Rs 795 crore support in the first two fiscals. It is being administered by the Heavy Industries Ministry.
The FAME India Scheme is aimed at incentivising all vehicle segments, including two-wheelers, three wheeler auto, passenger four-wheeler vehicle, light commercial vehicles and buses


Prasar Bharati differ with Ministry of Information and Broadcasting
Public broadcaster Prasar Bharati (PB) has turned down a resolution moved by the Union ministry of information and broadcasting (I&B) to appoint a serving IAS officer to its board, and deferred its proposal to bring in professionals to head the news service units of Doordarshan and All India Radio.
  • The board refused to appoint a serving IAS officer as member (personnel) on grounds that the appointment would go against the norms laid down in The Prasar Bharati (Broadcasting Corporation of India) Act, 1990.
  • The broadcaster concluded that accepting the resolutions moved by the ministry would “amount to infringing Prasar Bharati’s autonomy”.
As per the PB Act of 1990 the Prasar Bharati Board consists of a chairman, a CEO, two whole-time members for finance and personnel, six part-time members, heads of Doordarshan and All India Radio and one representative of the I&B ministry. There is no provision to have a serving bureaucrat on the board.
The PB Act states that the President of India will appoint the Board members decided by a selection committee which is headed by the Vice President of India and includes the Chairman of the Press Council of India and a nominee of the President. The ministry does not have a direct role in appointment of the chairman and whole-time members of the Board.
Prasar Bharati is a statutory autonomous body established under the Prasar Bharati Act and came into existence in November 1997. It is the Public Service Broadcaster of the country. The objectives of public service broadcasting are achieved in terms of Prasar Bharati Act through All India Radio and Doordarshan.


Smart museums to give ‘virtual’ tours and 3D view of rare artifacts
Centre for Development for Advanced Computing (C-DAC), Pune, has developed software named “Jatan” and “Darshak” that are set to revolutionise museum experience.
  • Jatan is the objective of the software is to make a digital imprint of all the objects preserved in museums. It will help researchers, curators and also people interested in the field.
  • Darshak is a mobile-based application. It is aimed at improving the museum visit experience among the differently-abled. It allows real-time museum visitors gather all details about objects or artifacts simply by scanning a QR code placed near the object.
Centre for Development of Advanced Computing (C-DAC) is the premier R&D organization of the Ministry of Electronics and Information Technology (MeitY) for carrying out R&D in IT, Electronics and associated areas.


Ramalingaswami Re-entry Fellowship Programme
Department of Biotechnology had recently organized a conclave meeting to celebrate the achievements and revisit the journey of the Ramalingaswami Re-entry Fellowship Programme over the years.
  • The 8th Conclave was organized by National Institute of Plant Genome Research (NIPGR).
The Ramalingaswami Re-entry Fellowship was conceived in the year 2006-07 with the idea of encouraging scientists (Indian Nationals) working outside the country and would like to return to the home country to pursue their research interests in Modern Biology, Biotechnology, Life Sciences and other related areas. The principal aim of the scheme is to improve the country’s human resource capacity in life sciences, modern biology and biotechnology research – both in terms of development, translation and diffusion by means of attracting young scientists settled abroad.


Odisha govt. rejects Centre’s paddy offer
The Odisha government rejected the Centre’s offer to relax the quality norm for procuring paddy from districts affected by unseasonal rains, saying it will “adversely affect” the farmers.
  • The Central government has reduced the minimum support price (MSP) for discoloured paddy from Rs. 1,550 to Rs. 1,410 per quintal
  • The Centre has also relaxed the fair average quality (FAQ) specifications for paddy procurement in 15 districts affected by unseasonal rains
FAQ is used to describe food products that are of good enough quality to be sold. FAQ norms for paddy is laid out by the Centre every year before the start of the procurement season.


Paschim Lehar maritime exercise held in Western coast
‘Paschim Lehar’, a tri-service maritime exercise, is being held off India’s western coast.
  • The objective of the exercise is to build interoperability. This exercise includes participation of a large number of ships, submarines and aircraft from the Western Naval Command of the Indian Navy.
  • Units from Eastern Naval Command, Indian Army, Indian Air Force and the Coast Guard are also participating to build interoperability.


MoU Signed between Botanical Survey of India and Natural History Museum, UK 
Botanical Survey of India (BSI) and Natural History Museum (NHM), UK signed a Memorandum of Understanding for cooperation in the field of genetic/taxonomic studies, research and training, conservation in India, including species and habitat conservation assessments, etc
  • The MoU will pave the way for BSI staff to work in Natural History Museum, London and vice-versa and they will share fairly and equitably the benefits that may arise from the collection, study and conservation of the plant materials such as seeds, herbarium specimens and tissue samples and exchange associated data and images. N
  • HM will help BSI in capacity building in areas of systematic botany and long-term conservation of plant genetic resources in India.


Venezuela, Libya Lose UN Vote for third time in 3 Years
Venezuela and Libya have been suspended from voting in the U.N. General Assembly for the third time in three years because of millions of dollars in unpaid dues to the world body.
  • Venezuela must pay a minimum of USD 25,200,296 to restore its voting rights and Libya must pay at least USD 6,594,842.
  • Venezuela is mired in an economic and political crisis and Libya has two rival governments, each backed by an array of militias.


India Pharma 2018 and India Medical Device 2018
India’s biggest Annual Conference on Pharma Industry and Medical Devices – India Pharma 2018 and India Medical Device 2018 – has begun at Bengaluru. 
  • The event is being organized by Department of Pharmaceuticals (DoP), Ministry of Chemicals and Fertilizers, in collaboration with Federation of Indian Chambers of Commerce and Industry (FICCI).
  • Theme of the event: Themed around ‘Affordable, Quality Healthcare’.


Delhi hosts India’s first radio festival
India’s first radio festival was recently held in Delhi.
  • The festival was organised by the International Association of Women in Radio and Television, in collaboration with UNESCO.
  • The event touched on the 2018’s theme of World Radio Day – sports and radio – and traced the journey of creativity, music and social changes on the radio.
IAWRT is a global organization formed by professional women working in electronic and allied media with a mission to strengthen initiatives towards ensuring women’s views and values are integral part of programming and to advance the impact of women in media.
  • IAWRT organizes conferences, implements projects undertakes activities collaborates with and media organizations. It is in consultative status with the United Nations Economic and Social Council (ECOSOC). IAWRT is managed by international board, which oversees funding initiatives for a number of local chapters and member activities.


India’s Biggest Global Pharma Conference Begins in Bengaluru
India’s biggest Global Conference on Pharma Industry and Medical Devices began in Bengaluru.
  • The theme of the conference is ‘Driving NextGen Pharmaceuticals.
  • Union Minister for Chemicals & Fertilizers Ananth Kumar inaugurated the three-day event.
  • The event is being organised by the Department of Pharmaceuticals (DoP), Ministry of Chemicals and Fertilizers, along with Federation of Indian Chambers of Commerce & Industry (FICCI).


Sanjiv Bajaj is EY Entrepreneur of the Year 2017
Sanjiv Bajaj, MD of Bajaj Finserv is the new EY Entrepreneur of the Year 2017.
  • Bajaj Finserv emerged as the country’s leading name in financial services with solutions across lending, life and general insurance and wealth advisory.
  • EY also named nine other Category Winners for the Entrepreneur of the Year Programme.


India’s Aadhaar and Umang app win award in Dubai
India’s Umang App was named winner of the Best M-Government Service award in the Accessible Government category while Aadhar won the best emerging technology award at the recently concluded World Government Summit 2018 in Dubai, where India had the status of ‘Guest of Honour’ country.
  • The Summit acknowledged technology pioneers for providing global solutions to global challenges. The mobile application Umang App provides users a unified platform that combines government departments and services, facilitating transactions for citizens. The award acknowledged Government of India’s efforts to provide convenient services to its citizens.
The World Government Summit is an annual event held in Dubai,UAE.
It brings together leaders in government for a global dialogue about governmental process and policies with a focus on the issues of futurism, technology and innovation, as well as other topics.
  • Headquarters: Dubai, United Arab Emirates
  • Chairman: Mohamed bin Abdullah Al Gergawi


Archaeologist Aravind Jamkhedkar to head ICHR
Archaeologist and historian Aravind P. Jamkhedkar will be the next Chairman of the Indian Council of Historical Research (ICHR).
  • He will replace Prof. K. Sudershan Rao, whose term as ICHR chief was mired in controversy.
  • The post fell vacant after Prof. Rao’s retirement. Jamkhedkar is at present Chancellor of Deccan College, Pune.
The Indian Council of Historical Research (ICHR) is an autonomous body of the Ministry of Human Resource Development, which had been established by an Administrative Order of the then Ministry of Education. The body, over many years, has provided financial assistance to the historians and direction to the research scholars in their multifarious topics of historical research through established historians and scholars of the country.


Haruhiko Kuroda Reappointed as Bank of Japan Chief
Japan's government has reappointed Bank of Japan Governor Haruhiko Kuroda for another term and chose an advocate of bolder monetary easing as one of his deputies, a sign the central bank will be in no rush to dial back its massive stimulus program.
  • The government also submitted to parliament its nomination of Masazumi Wakatabe, a professor at Waseda University and an advocate of aggressive monetary easing, as deputy governor.


KP Oli takes over as Nepal’s Prime Minister
The Communist Party of Nepal or CPN-UML Chairman K P Oli Thursday took over as Nepal’s Prime Minister with the support of the Maoists.
  • President Bidhya Devi Bhandari administered the oath of office and secrecy to Oli along with two ministers, Lalbabu Pandit and Tham Maya Thapa.
  • Oli will be the prime minister for first three years and Maoist chief Pushpa Kamal Dahal for the remaining two.


Ethiopia's Prime Minister Resigns To Smooth Path For Political Reform
Ethiopia's Prime Minister Hailemariam Desalegn suddenly resigned in what he described as a bid to smooth reforms, following years of violent unrest that threatened the ruling party's hold on Africa's second most populous nation.
  • The resignation has unprecedented in Ethiopia's history - followed a wave of strikes this week in towns near the capital and demonstrations successfully demanding the release of more opposition leaders.


Cyril Ramaphosa Sworn in as New President Of South Africa
Cyril Ramaphosa, head of the ruling African National Congress (ANC) has been sworn in as South Africa's new President. He was elected as the new president of South Africa by the ruling party politicians after the resignation of Jacob Zuma. 
  • The country's 400-member parliament, dominated by the ruling African National Congress Party (ANC), elected Ramaphosa  to finish his predecessor's term, which ends with elections in 2019.
  • The ANC has finished first in every national vote since the end of white-minority rule in 1994.




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