Daily Current Affairs Date 6th and 7th June 2021
- NTPC joins UN’s CEO Water Mandate.
- Maharashtra launches Annual Priority Sector Credit Plan
- DAC approves – Rs 43000 Crore RFP for Constructing 6 Submarines & Rs 6,000 Crore for Air Defence Guns.
- Denmark approves Artificial Island off Copenhagen.
- Emergence of order from chaos in turbulent systems and Bose-Einstein condensation.
- Kerala launches ‘Knowledge Economy Mission’.
- EESL Partnered with ISHRAE for Efficient and Clean Energy Solution in HVAC&R Industry.
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Q. Recently NTPC joins UN’s CEO water mandate. Consider the following statement related to UN’s water mandate.
- The CEO water mandate mobilizes a critical mass of business to leaders to address global water challenges through corporate water stewardship.
- It has six commitment areas- Direct operations , Supply chains , Collective action , Public policy , Community engagement , Transparency .
- It is governed by the stearing committee
Which option is/are correct ?
a) 1, 2 only.
b) 3 only .
c) 2 & 3 only
d) All of the above
NTPC joins UN’s CEO Water Mandate.
- India’s largest power utility, NTPC Ltd, has become a signatory of UN Global Compact’s CEO Water Mandate.
- CEO Water Mandate is a coveted league of companies focusing on efficient water management.
- Chairman and Managing Director of NTPC, Shri Gurdeep Singh, has joined a select group of business leaders who recognize importance of water stewardship and is working to conserve water.
NTPC’s measure for water conservation
- NTPC has taken several measures across its plant locations for water management.
- Now, it will follow the policy of 3 R’s that is; reduce, reuse, recycle for water conservation and management while generating power
CEO Water Mandate
- It is a UN Global Compact initiative which demonstrate commitment and efforts of companies to enhance their water and sanitation agendas in line with Sustainable Development Goals.
- It has been designed to assist companies in developing, implementing and disclosing comprehensive water strategies and policies.
- It provides a platform for companies to link with like-minded businesses, public authorities, UN agencies, civil society organizations etc.
- This Indian government owned electricity board was formerly called as National Thermal Power Corporation Limited.
- It is engaged in business of generation of electricity and allied activities.
- NTPC was incorporated under Companies Act 1956 and is working under Ministry of Power.
Q. Which of the following factors do not include in priority sector
- Poor people.
- Weaker sections like-Account holders
- Housing loans up to 50 lakh
- Artisan’s , village’s , Cottage industries , where individual credit limit do not exceed rupees 2lakh .
a)4 , 5 , 6
b) 5 only
c) 5 , 6 only
d) None of the above
Maharashtra launches Annual Priority Sector Credit Plan
- Maharashtra launched ‘state annual priority sector credit plan’ worth Rs 4,60,881 crore along with an ‘overall annual credit plan’ worth 18,10,779 crore.
- It was launched during quarterly State Level Bankers Committee (SBLC) meeting of Maharashtra.
- State government has set annual credit lending target of Rs 1.19 lakh crore for agriculture sector by banks for financial year 2021-2022.
- Out of this, Rs 60,860 crore was set for crop loans during kharif and rabi seasons.
- Banks have also disbursed crop loans worth Rs 47,972 crores for this financial year.
- Government asked banks in state to continue more finance under crop loan disbursement for kharif 2021 season and to achieve season targets by
- end of June 2021.
- Banks have also been advised to improve credit disbursal under agriculture sector and support all government-sponsored schemes & SHGs.
Priority Sector Lending
- Priority Sector Lending is decided as per RBI guidelines.
- Under it, RBI mandates banks to lend certain amount from their funds to specified sectors such as agriculture; Micro, Small & Medium Enterprises (MSMEs); education, export credit, renewable energy, housing and social infrastructure.
- All scheduled commercial banks and foreign banks are mandated to keep 40% of their Adjusted Net Bank Credit (ANDC) to lend these sectors.
- Regional rural banks, co-operative banks and small finance banks can allocate 75% of ANDC. Lending is facilitated to ensure that, adequate institutional credit reaches vulnerable sectors of economy
Q. Consider the following statement
1.Indian Navy correctly has 72 submarines .
2.India as 2 Nuclear Marine they are INS Arihant and INS chakra.
3.Defence acquisition council headed by minister of defence
Which statement is or are correct
a) 1 & 2
b) All of the above
c) 2 & 3
d) 2 only
DAC approves – Rs 43000 Crore RFP for Constructing 6 Submarines & Rs 6,000 Crore for Air Defence Guns
- The Defence Acquisition Council (DAC) chaired by Defence Minister Rajnath Singh approves Request For Proposal (RFP) for construction of 6 Conventional Submarines under Strategic Partnership (SP) Model at a cost of Rs. 43,000 crores and allocated Rs. 6,000 crores for modernisation of Indian Army’s Air Defence Guns and Ammunition.
- 6 Conventional Submarines with state-of-art Air Independent Propulsion System will be indigenously developed under Project P75(1) through SP Model..
Air Independent Propulsion (AIP) System
Normally, a diesel-electric engine used in Submarines needs oxygen supply for combustion of fuel. Whereas, an Air Independent Propulsion System will reduce the frequency of Oxygen needed in the engine, making the submarine eligible for deep-sea operations.
What is the Strategic Partnership Model?
- Under SP Model, Indian companies will collaborate with Foreign Original Equipment Manufacturers (OEM) to construct equipment through Transfer of Technology.
- Thus SP Model will boost Indian government’s ambitious ‘Make in India’ projects in Defence
Modernizing Air Defence Guns:
- DAC gave approval for modernising Air Defence Guns and Ammunition of Indian army at a cost of Rs. 6,000 crores under Buy & Make (India) category.
- Till date, Guns & Ammunition used by Indian armed forces are manufactured by foreign players.
- For the 1st time, Indian companies are planning to manufacture guns.
- DAC extended the timeline for urgent Capital Acquisition of Armed Forces till 31st August, 2021.
About Project P75:
- Development of six P75 Scorpene-Class Submarines of conventional diesel-electric propulsion system with AIP System.
- AIP technology is being developed by the Defence Research and Development Organisation (DRDO)
Q. What are the key objective of artificial island of Copenhanger
1.It is to connect to tribute power between Denmark and wagh bouring countries.
2.It will be located in Baltic sea .
3.It will also protect the City from earthquakes.
Which statement is or are correct
a)1 & 2
b)2 & 3
d)All of the above
Denmark approves Artificial Island off Copenhagen
- Parliament of Denmark has approved plans for an artificial island which will house 35,000 people and help in protecting port of Copenhagen from rising sea levels.
Lynette Holm Island
- This giant island would have an area of 1 sq mile and would be connected to mainland through ring road, tunnels and metro line.
- Plans include construction of a dam system across its perimeter.
- This dam will help in protecting the harbour from rising sea levels and storms.
Roadblocks in construction
- Construction of island is facing opposition from environmentalists and it will have adverse effect on environment.
- Construction of island will lead to transportation of materials by road through large numbers of vehicles.
- About 350 lorry journeys will be required in a day through Copenhagen once the construction has started.
- Thus, environmentalists are raising concerns over moment of sediments at sea and is impact on ecosystem and environment.
- Following this, a case against the development of Lynette Holm has been filed before European Court of Justice by environmental groups.
- Copenhagen is the capital city as well as most populous city of Denmark.
- City is situated on eastern coast of island of Zealand.
- Another portion of city is located on Amager which is separated from Malmo in Sweden by strait of Oresund. Oresund Bridge connects both the cities by rail and road.
Q. What do you understand by Bose Einstein condensation
1.State of matter which maximum present in space
2.It is a group of atoms cooled to within a hair of absolute zero at that point the atoms begin to clump weather and enter the same energy state
3.Ghost particles are also known as Bose Einstein condensation
Which option is or are correct?
a)1, 2 , 3
b)1 & 2
Emergence of order from chaos in turbulent systems and Bose-Einstein condensation
- An important phenomenon studied in aerospace engineering is the emergence of order from chaos in turbulent systems that leads to detrimental large amplitude fluctuations.
- Examples of this include aeroelastic flutter as observed in the wings of aircraft and thermoacoustic instabilities in rocket combustors, both of which can lead to the breaking down of the system.
- For this reason, it is important to be able to predict and understand such happenings and avoid them.
- Thermoacoustic instability, which comprises self sustained large amplitude periodic oscillations, can overwhelm the thermal protection system in combustion chambers, cause damage to structural parts such as turbine blades, or even affect the guidance and control system of rockets and lead to mission failures
- Understanding of the emergence of order in chaotic systems by drawing an analogy with a phenomenon widely studied in quantum statistical physics-Bose Einstein condensation (BEC).
- In BEC, Bosons, which are elementary particles having spins that take integer values, such as 0,1 or 2, condense to the lowest energy level when temperature is taken to very low values.
- The group has shown an analogous condensation taking place in the case of order emerging from chaos in turbulent systems.
- To understand this, take the concept of phase space – an dynamic imaginary space where a particle is represented by its position and momentum at every instant of time.
- The acoustic dynamics of the combustor is represented as a trajectory moving in this imaginary space.
- There are several possible orbits, and so even as the trajectory moves towards one orbit, it is attracted to a different orbit, and therefore does not stick to any one orbit.
- However, as the parameter is tuned and the system makes a transition towards order, the number of orbits is reduced and therefore, the trajectory gets caught in a few stable orbits.
- The researchers label this process a type of “condensation”.
About Bose-Einstein condensate
- A Bose-Einstein condensate is so named because its existence was posited almost a century ago by Albert Einstein and Indian mathematician Satyendra Nath Bose.
- This exotic material only exists when atoms of certain elements are cooled to temperatures near absolute zero.
- At that point, clusters of atoms begin functioning as a single quantum object with both wave and particle properties.
Q. The following statement related to knowledge economy million of Kerala
1)It was announced by Ministry of state education of Kerala
2)For implementation of this knowledge economy fund will created in PPP format
3) It will provide employment to educated people and support knowledge workers under a single program
Which statement is or are correct?
b) All of the above
c) 3 Only
d)None of the above
Kerala launches ‘Knowledge Economy Mission’.
- Kerala government has launched ‘Knowledge Economy Mission’ to boost job prospects in the state by supporting knowledge workers.
- Initiative was announced in State Budget on June 4. It was being spearheaded by Kerala Development and Innovation Strategic Council (K-DISC) and they will submit a comprehensive project report before July 15.
About Knowledge Economy Mission
- Project will be launched to bring ongoing efforts of providing employment to educated people and support ‘knowledge workers’ under a single programme.
- A plan will be made to provide basic facilities and social security system for knowledge workers who are working close to their homes and interacting with employers.
- For implementation and funding purposes,‘knowledge economy fund’ will be created.
- In order to promote skills & strengthen higher education system and for transformation, knowledge economy fund was hiked from ₹200 crore to ₹300 crore.
Kerala Digital Workforce Management System
- Kerala Digital Workforce Management System was set up by APJ Abdul Kalam Technological University. It has registered over 27,000 job aspirants so far.
- This system is a sub-mission of Kudumbasree Mission.
- It provides training to workers and executives of K-DISC and Additional Skill Acquisition Programme (ASAP).
Q. Recently EESL partnered with ISHRAE Consider the following statements related to it
1.Both partners working for implementation of energy efficient and clean energy solutions in the heating etc.
2.EESl a joint venture under the Mo renewable energy
3.EESL also act as the resource center for capacity bonding of DISCOMS
Which statement is or are correct
a)1 & 2
b)1 & 3
c)All of the above
EESL Partnered with ISHRAE for Efficient and Clean Energy Solution in HVAC&R Industry.
- Energy Efficiency Services Ltd (EESL), a joint venture under the Ministry of Power has signed a Memorandum of Understanding (MoU) with the Indian Society of Heating, Refrigerating and Air Conditioning Engineers (ISHRAE) for a strategic partnership to implement energy-efficient and clean energy solution in the Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC&R) industry.
- Rajat Sud, Managing Director of EESL and Amitabha Sur, National President of ISHRAE signed the MoU in August 2021 in the presence of the officials of EESL and ISHRAE.
- The MoU was signed in the background of World Environment Day.
- Note: ISHRAE works with an aim to advance the arts and science of HVAC&R engineering and related services and to promote research in the field of HVAC&R technology
Also Read: Daily Current Affairs Date 5th June 2021
Features of partnership:
- Both EESL and ISHRAE will exchange information of common interest and jointly work in conducting studies like demand aggregation in the sector.
- Through his partnership EESL and ISHRAE will set up task forces to address the areas that requires joint participation to promote energy-efficient low carbon technologies in the cooling and heating, and cold chain sector.
- Under this partnership, EESL and ISHRAE will work towards the implementation of solutions related to energy efficiency, clean energy and other ancillary services in HVAC&R sector.
- Both EESL and ISHRAE will work on the District Energy Systems which includes the awareness & adoption, training, and capacity-building programmes for Refrigerator and Air Conditioning (RAC) technicians engaged in Original Equipment Manufacturing (OEM), channel partners or independent service centres.