DAILY G.A UPDATE : 18-10-2016
In this competitive age, everyone needs to be updated with the current affairs. So, here is the important news for your upcoming exams like IBPS PO, IBPS CLERK, RRB and many more.
1. China to host next BRICS summit in resort city of Xiamen
China will host the ninth BRICS annual summit in the southeastern coastal city of Xiamen in September next year as it takes the rotating chair of the influential bloc.
Chinese President Xi Jinping made the announcement on October 16 during a small gathering prior to the main conference of the 8th summit in Goa, and expressed his intention to open a new chapter for BRICS in the following year, state-run Xinhua news agency reported.
Xi said that Chinas emphasis would be implementation of commitments from previous summits.
Xiamen, also historically known as Amoy, is a major resort city in Fujian Province on the Taiwan Strait.
2. Saina Nehwal appointed member of IOC’s Athletes’ Commission
In a rare honour for an Indian sportsperson, star shuttler Saina Nehwal has been appointed as a member of the International Olympic Committee’s (IOC) Athletes’ Commission.
3. Navdeep Suri to be India’s new envoy to UAE
Senior diplomat Navdeep Singh Suri was appointed Ambassador to United Arab Emirates, a strategically important nation country which is major supplier of oil to India and is home to around 2.6 million-strong Indians. Suri, a 1983 batch Indian Foreign Service official, is expected to take up the assignment shortly, the External Affairs Ministry said.
He is currently serving as Indian High Commissioner in Canberra. Suri had served in India’s diplomatic missions in Cairo, Damascus, Washington, Dar es Salaam and London and as India’s Consul General in Johannesburg.
He has also headed the West Africa and Public Diplomacy divisions at the Ministry of External Affairs. He was India’s Ambassador to Egypt prior to his posting to Canberra.
4. India, Brazil ink four agreements
India and Brazil signed four agreements in areas of investment cooperation and facilitation, cattle genomics, pharmaceuticals and agriculture.
5. INS Arihant, Indian Navy’s first indigenously-made nuclear submarine, commissioned
Giving a quiet yet substantial boost to Indian Navy’s capabilities, India’s first indigenously-made nuclear submarine, the INS Arihant has been commissioned into service. According to various media reports, the nuclear submarine was commissioned in August this year by Navy Chief Admiral Sunil Lanba, but it has not been formally declared. Navy too has declined to comment on the reports of Arihant being commissioned.
INS Arihant is a 6,000-tonne submarine that is capable of launching nuclear weapons from underwater. The submarine has been commissioned after extensive sea trials. Arihant is an SSBN that is a submarine that can carry ballistic missiles with nuclear warheads. SSBNs are equipped with better stealth features and are larger compared to SSNs, which are nuclear-powered attack submarines. SSBNs are also said to be the “best guarantor” of a second strike capability in a nuclear exchange. The submarine is propelled by an 83 MW pressurized light-water reactor at its core.
INS Arihant, or for that matter any SSBN, can operate underwater over long distances for months. The INS Arihant is considered as the most potent and difficult to detect leg of India’s nuclear triad. India already has the land-based Agni ballistic missiles, and fighters like the Mirage 2000s, which are capable of delivering nuclear weapons. However, according to a TOI report, the INS Arihant is not fully ready to be deployed for deterrent patrols with nuclear-tipped ballistic missiles. The full weapons integration with submarine-launched ballistic missiles will take some more time, the report said.
The timeline of India’s quest for its own nuclear submarine began in late 1990s, with the actual construction of 3 SSBNs starting under the secret Advanced Technology Vessel (ATV) project. In 2009, Arihant was launched into the water at the ship-building centre in Visakhapatnam. In 2013, the nuclear reactor of the submarine went ‘critical’ and from December 2014 onwards, the sea trials began, which included the test firing of K-series of missiles. In what is good news for the Indian Navy, TOI reported that the construction of the second nuclear submarine, INS Aridhaman, is almost complete and it is slated for delivery in 2018. At a time when the presence of China’s submarines in the Indian Ocean is a major area of concern, INS Arihant’s commissioning is a welcome development.
6. Modi dedicates 3 hydroprojects to nation in Himachal
Prime Minister Narendra Modi dedicated to the nation three hydro-electric projects (HEPs) with a generating capacity of 1,732 MW in Himachal Pradesh.
All the three power projects -- Koldam HEP (4x200 MW) of NTPC, Parbati HEP Stage-III (4x130 MW) of NHPC and Rampur HEP (6x68.67 MW) of SJVN -- are equipped with generating equipment supplied and commissioned by Bharat Heavy Electricals Limited (BHEL), state-owned BHEL said in a statement.
7. Modi launches national SC/ST hub
Prime Minister Narendra Modi launched the National SC/ST Hub here to provide support to entrepreneurs from the community.
With an initial outlay of Rs 490 crore, the hub will work towards strengthening market access/linkage, monitoring, capacity building, leveraging financial support schemes and sharing industry-best practices.
It will also enable central public sector enterprises to fulfill the procurement target set by the government.
The Public Procurement Policy 2012 stipulates that 4 per cent of procurement done by ministries, departments and CPSEs will have to be from enterprises owned by SC/ST entrepreneurs.
The MSME sector, including the service segment, is a key driver of India’s economic growth as it contributes nearly 38 per cent to the country’s gross domestic product (GDP) and employs close to 11 Crore people.
Finance Minister Arun Jaitley in his budget speech had announced setting up of the National SC/ST Hub under the MSME Ministry.
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