Table of Content
- 1. India Lost 2.33Mha of Tree Cover
- 2. State of World Population 2024 Report
- 3. Record Advance Pricing Agreements signed by CBDT
- 4. FDI Rules for Space Sector
- 5. South Korea's second military spy satellite
- 6. Arctic’s Plastic Crisis report Released
- 7. Personality in News: Dheeran Chinnamalai
- 8.Also in News
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Also in News
Posted 18 Apr 2024
8 min read
Nagorno-Karabakh Region
- Russian peacekeepers have begun withdrawing from Nagorno-Karabakh following Azerbaijan's recapture of disputed territory from Armenian separatists.
- About Nagorno-Karabakh Region
- It is known as Artsakh by Armenians.
- It is a landlocked mountainous region officially recognised as part of Azerbaijan.
- Territory is internationally recognised as part of oil-rich Azerbaijan, but its inhabitants are predominantly ethnic Armenians.
- It was claimed by both Azerbaijan and Armenia after the fall of Russian Empire in 1917 and has remained a point of tension ever since.
- Tags :
- Nagorno-Karabakh Region
Insolvency and Bankruptcy Board of India (IBBI)
- IBBI took disciplinary action on Insolvency Professionals.
- About IBBI
- Established in 2016 under Insolvency and Bankruptcy Code, 2016 (Code).
- Responsible for implementation of Code that amends laws relating to reorganization and insolvency resolution of corporate persons, partnership firms and individuals in time bound manner.
- Governing board of IBBI Composition
- Chairperson,
- Three members from amongst the officers of Central Government not below the rank of Joint Secretary or equivalent,
- One member to be nominated by RBI,
- five other members to be nominated by Central Government, of whom at least three shall be whole-time member.
- Tags :
- Insolvency and Bankruptcy Board of India (IBBI)
- IBC Code 2016
Combined Maritime Forces (CMF)
- Indian Navy seized drugs in Arabian Sea as a part of multi-nation Combined Task Force-150 under CMF.
- Drugs are seized under Operation Crimson Barracuda, first such operation conducted by an Indian Navy after India joined CMF in 2022.
- About CMF
- It is a multinational maritime partnership, which aims to uphold the Rules-Based International Order by countering illicit non-state actors on the high seas and promoting security, stability and prosperity in international waters
- Main focus area: Defeating terrorism, preventing piracy, encouraging regional cooperation, and promoting a safe maritime environment.
- Members: 42 countries.
- It comprises five Combined Task Forces.
- Participation is voluntary.
- It is commanded by a U.S. Navy Vice Admiral.
- Tags :
- Combined Maritime Forces (CMF)
Global Positioning System (GPS) Spoofing
- As per reports, Israel used GPS spoofing against Iran.
- GPS is a satellite constellation supporting highly accurate positioning, navigation and timing (PNT) measurements worldwide. It is owned by the United States.
- About GPS Spoofing
- Also, known as GPS simulation.
- Refers to the practice of manipulating or tricking a GPS receiver by broadcasting false GPS signals.
- This form of cyber-attack undermines the reliability of GPS data, which is vital for a variety of applications.
- Spoofing is different from GPS jamming.
- In the latter, the GPS signals are jammed or blocked.
- Tags :
- Global Positioning System (GPS) Spoofing
- Global Positioning System (GPS)
Submersible Platform for Acoustic Characterisation and Evaluation (SPACE)
- SPACE, a premier testing and evaluation hub for sonar systems for Indian Navy, set up by DRDO.
- About SPACE
- It will consist of two distinct assemblages –
- a platform which floats on water surface,
- a submersible platform which can be lowered to any depth upto 100 m.
- It will consist of two distinct assemblages –
- Significance
- Evaluation of sonar systems, allowing for quick deployment and easy recovery of scientific package.
- Help to survey, sampling, and data collection of air, surface, mid-water, and reservoir floor parameters using modern scientific instrumentation.
- Boost anti-submarine warfare research capabilities.
- Tags :
- DRDO
- Submersible Platform for Acoustic Characterisation and Evaluation (SPACE)
Hubble Tension
- As per recent study, scientists are looking for a new model to explain Hubble tension which is not explained by Λ cold dark matter or lambda CDM model.
- Lambda CDM explains various features of the universe, including radiation leftover from the Big Bang, etc.
- About Hubble Tension
- Refers to the discrepancy that two equally valid methods to measure “how fast the universe is expanding” have yielded different estimates.
- Expansion of Universe is measured by Hubble Constant.
- The two methods are:
- Cosmic Microwave Background based on a sea of photons left after Big Bang theory.
- Cosmic Distance Ladder uses techniques to measure distance to objects that are close, further away, and very far away from the earth.
- Refers to the discrepancy that two equally valid methods to measure “how fast the universe is expanding” have yielded different estimates.
- Tags :
- Hubble Tension
Bitcoin Halving
- Experts are expecting that Bitcoin halving event will occur soon.
- About Bitcoin Halving
- Refers to the 50% reduction in the reward paid to Bitcoin miners.
- Bitcoin miners successfully process other people’s cryptocurrency transactions so that they can be added to the public digital ledger known as the blockchain.
- Takes place every four years.
- The halving policy was written into Bitcoin’s mining algorithm to counteract inflation by maintaining scarcity.
- In theory, the reduction in the pace of Bitcoin issuance means that the price will increase if demand remains the same.
- Refers to the 50% reduction in the reward paid to Bitcoin miners.
- Tags :
- Bitcoin Halving
- Bitcoin
Kesariya Stupa
- Kesariya stupa is the tallest and largest Buddhist stupa in the world.
- About Kesariya stupa
- Located in Bihar.
- Built in circular shape and structure is made of bricks, mud, and lime mortar.
- Height of 104 feet, taller than Borobodur Stupa in Java, a world heritage monument.
- Built in 3rd Century BC by Mauryan emperor Ashoka, who was instrumental in spreading Buddhism across Indian subcontinent.
- It is believed that stupa was built to commemorate the spot where Lord Buddha gave his 22nd sermon and to mark the place where he announced his impending death
- Tags :
- Kesariya Stupa
- Borobodur Stupa
- Largest Buddhist Stupa
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News Today (Apr 18, 2024)