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THE HINDU NOTES,PIB daily notes and Multi choice quiz on current affairs together.Dear IASTODAY readers, Here comes the DAILY CAPSULE for APRIL 13 2017...We also offers PDF version of daily capsule..This is a new initiative and your feedbacks will be appreciated. Shoot your feedbacks at [email protected]

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General Studies-02

Lok adalat

  • Lok adalat is the alternative dispute resolution system under national legal service authority [NALSA]

  • NALSA established under directive principle of state policy which stated for free legal aid and service

  • In lok adalat if final award accepted by both party then there is no appeal against order passed by the lok adalat

  • Lok adalat have major role in the solution of the problem of case pendency in the judiciary

BIMSTEC [PIB]

  • The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is an international organization involving a group of countries in South Asia and South East Asia

  • Member country are Bangladesh, India, Myanmar, Sri Lanka, Thailand, Bhutan and Nepal

  • Recently this group have signed MoU about interconnection of the electricity grid that have following impact
    (i) the optimization of using the energy resources in the region for mutual benefits on non-discriminatory basis subject to laws, rules and regulations of the respective Parties;
    (ii) the promotion of efficient, economic, and secure operation of power system needed through the development of regional electricity networks;
    (iii) the necessity of optimization of capital investment for generation capacity addition across the region; and
    (iv) power exchange through cross border interconnections.

Rail Development Authority [PIB]

  • Indian railway development authority proposed to established under recommendation of the bibek debroy committee

  • This authority will help in decision of the fair price, quality of the service and consumer grievance handling

  • This authority will comprise of chairman and member that will be elected by the railway board and ministry lead search cum selection committee

  • Some of the aims and objectives of Rail Development Authority are:

  1. pricing of services commensurate with costs;

  2. enhancement of Non Fare Revenue;

  3. protection of consumer interests by ensuring quality of service and cost optimization;

  4. competition, efficiency and economy; market development; creation of positive environment of investment;

  5. benchmarking of service standards against international norms; providing framework for non-discriminatory open access to Dedicated Freight Corridor ,

  6. absorption of new technologies for achieving efficiency and performance standards; and human resource development to achieve any of its stated objectives

General Studies-03

oil palm  [PIB]

  • Edible Oil is an important component of household food basket.

  • Oil Palm is one of the world’s most efficient crop in terms of yield of vegetable oil per ha and today it is largest source of vegetable oil in the world.

  • Malaysia, Indonesia, Nigeria, Thailand and Columbia are the major oil palm producing countries 

  • India also heading toward maximum plantation of the oil palm by deforestation from tropical area of the southern state

  • Oil palm have great impact on forest and ecology because this commercial plantation will lead to degradation of the forest bio diversity

Pricing of the petroleum product

  • Petrol prices in india was decided by the government but after 2010 petrol and after 2014 diesel prices have been de regulated

  • Currently petroleum prices revised every 15 day that is on 1st of month and on 16th of the month

  • Now government want to make system more market based and dynamics as advanced country have.

  • Oil marketing companies proposed about daily price decision as per international market price.

  • From may 1 government will implement pilot project of this proposal.

UPSC IAS MIND MAPS -APRIL 13 2017

Global potential of PSLV

  • Polar satellite launching vehicle [PSLV] got world attraction toward record of the satellite launching about record of 104 satellite

  • ISRO has developed this launching vehicle and ANTRIX is the commercial branch of the ISRO

CURRENT AFFAIRS Multiple Choice Quiz

Q.1 consider the following statement about lok adalat is/are correct

1. it is established under national legal service authority

2. award of lok adalat is final and no appeal can be filed

A. 1 only

B. 2 only

C. both

D. none

[shc_shortcode class=”shc_mybox”]CORRECT ANSWER : OPTION C[/shc_shortcode]

Q.2 consider the following statement about BIMSTEC is/are correct

1. it is an international organization involving a group of countries in South Asia and South East Asia

2. this include member as Bhutan, Thailand, Nepal and Myanmar

A. 1 2

B. 2 only

C. 1 only

D. none

[shc_shortcode class=”shc_mybox”]CORRECT ANSWER : OPTION A [/shc_shortcode]

 

Q.3 consider the following statement about oil palm is/are correct

1. it is tropical plant

2. Oil Palm is one of the world’s most efficient crop in terms of yield of vegetable oil per ha

3. today it is largest source of vegetable oil in the world.

 

A. 1 2 only

B. 2 3 only

C. 1 3 only

D. all of the above

 

[shc_shortcode class=”shc_mybox”]CORRECT ANSWER : OPTION D [/shc_shortcode]

Q.4 consider the following statement about petroleum price determination is/are correct

1. Currently price of petroleum decided by the oil company with cooperation of government

2. Petrol price now has been de regulated but diesel price still under government control

A. 1 only

B. 2 only

C. both

D. none

[shc_shortcode class=”shc_mybox”]CORRECT ANSWER : OPTION D [/shc_shortcode]

 

Q.5 which of the following is/are the objective of the rail development authority is/are correct

  1. pricing of services commensurate with costs;

  2. enhancement of Non Fare Revenue;

  3. protection of consumer interests by ensuring quality of service and cost optimization;

A. 1 2 only

B. 1 2 3 only

C. 1 3 only

D. none of the above

[shc_shortcode class=”shc_mybox”]CORRECT ANSWER : OPTION B [/shc_shortcode]

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