Daily Current Affairs 18th October, 2016

Daily Current Affairs 18th October, 2016

BCCI president Anurag Thakur part of powerful ICC sub-committee

  • BCCI president Anurag Thakur has taken charge as the member of the ICC’s powerful Finance and Commercial Affairs committee.
  • Anurag Singh Thakur is a member of Lok Sabha from Hamirpur in Himachal Pradesh.

Kashmiri Red Stag to be declared as ‘Critically Endangered’

  • As the Kashmir Stag popularly known as Hangul is on the verge of extinction, the International Union for Conservation of Nature is all set to declare it a ‘critically endangered’ species to protect this beautiful animal from disappearing from the earth. 

About Kashmiri Red Stag

  • The Kashmir Stag or Hangul is a subspecies of elk native to India.
  • Earlier believed to be a a subspecies of red deer.
  • NOW mitochondrial DNA genetic studies have revealed that it is part of the Asian clade of elk.
  • Found in dense riverine forests in the high valleys and mountains of Kashmir Valley and northern Chamba district of Himachal Pradesh.
  • According to- Bombay Natural History Society (BNHS) nearly 3000 to 5000 Hanguls existed around the 1940s.
  • At present, only about 150 of them survive within its last bastion in Dachigam National Park located on foothills of Zabarwan range on the outskirts of Srinagar, J&K.

Protection status: It has been listed under Schedule-I of the Wildlife (Protection) Act, 1972 and J&K Wildlife (Protection) Act, 1978.

  • It also has been listed among the top 15 species of high conservation priority by the Central Government. Reasons for decline in population:
  • (i) habitat destruction,
  • (ii) over-grazing by domestic livestock, and
  • (iii) poaching.

About International Union for Conservation of Nature (IUCN)

  • The IUCN is the world’s oldest and largest global environmental organisation working in the field of nature conservation and sustainable use of natural resources. It was founded in 1948. Headquarter -Geneva, Switzerland.
  • It is a leading non-governmental authority on the environment and sustainable development. It is also involved in data gathering and analysis, research, field projects, advocacy, lobbying and education.
  • IUCN is best known to the wider public for compiling and publishing the IUCN Red List, which assesses the conservation status of species worldwide.

Navdeep Suri to be India’s new envoy to UAE

  • Senior diplomat Navdeep Singh Suri has been appointed Ambassador to the United Arab Emirates.
  • He is currently serving as Indian High Commissioner in Canberra.

Sanjay Singh appointed Member-Secretary, Law Commission

  • Former legislative secretary Sanjay Singh has been appointed as Member Secretary, Law Commission of India.
  • President Pranab Mukherjee has appointed Singh to the post for a period up to August 31, 2018. 

BRICS agrees to set up credit rating agency

  • The five-nation group of emerging economies BRICS has agreed to set up an independent BRICS Rating Agency in its efforts to challenge the western hegemony in the world of finance.
  • BRICS is the acronym for an association of five major emerging national economies.

Key Facts

  • The BRICS Rating Agency will be based on market-oriented principles to strengthen the global governance architecture.
  • Launched as per the shared vision of the BRICS nations for institution-building to transform global financial architecture based on the principles of fairness and equity.
  • Assist BRICS and other countries to rate infrastructure and sustainable projects in the emerging economies.
  • It will further bridge the gap in global financial architecture

Need to establish BRICS Rating Agency

  • At this point western developed countries have hegemony in the world of finance.
  • Three global agencies (S&P, Fitch, Moody’s) based in western countries account for 90{be19e8fcc7081f751eba9e03bd22e904e5cf3e86733381e655a03b1ab7839769} of the rating market.
  • Emerging economies claim that western ratings firms are biased, pessimistic on the developing countries and optimistic on developed nations.
  • They also have concerns over methodologies of the three global agencies.
  • BRICS members Russia in particular and China have been perturbed by these western ratings firms. Russia alleges that the western firms had deliberately lowered its rating after the Ukraine (Crimean) crisis.

Novak Djokovic retains top spot in ATP rankings

  • Serbian tennis player Novak Djokovic retained the top spot in the Association of Tennis Professionals (ATP) rankings.
  • He is considered one of the greatest tennis players of all time.

Sonam Kapoor awarded ET Panache’s ‘Trendsetter Awards 2016’

  • Bollywood Actress Sonam Kapoor has been bestowed upon with the 2016 ET Panache Trendsetter Award in Mumbai, Maharashtra.
  • The award recognizes the efforts of entrepreneurs, innovators, newsmakers and athletes whose stories inspire millions and whose services transform lives.

Brazil opens Latin America’s first elephant sanctuary

  • The first elephant sanctuary in Latin America has opened in Brazil to provide a home for an estimated 50 circus animals from across the region.
  • Guida and Maia, both over 40 years old, are the first residents.

Government grants BP PlC licence to set up petrol pumps in India

  • The Government has formally granted a license to British Petroleum ‘Petroleum industry company’,
  • Europe’s third-biggest oil company, to set up 3,500 petrol pumps in India.
  • India currently has about 56,190 petrol pumps, with public sector firms operating a majority of them.

Robert De Niro to Receive Film Society of Lincoln Center’s Chaplin Award

  • The Film Society of Lincoln Center has announced Robert De Niro as the recipient of the 44th Chaplin Award.
  • De Niro will be presented with the award at an award gala on 8 May 2017. 

Rwanda’s last king, Kigeli V, dies aged 80

  • Kigeli V Ndahindurwa (80), the last king of Rwanda, has recently passed away in the United States.
  • He ruled the east African nation for less than a year in 1959 before being forced into exile after clashing with the Belgian colonial power.

About Rwanda

  • Capital and largest city – Kigali
  • Official languages   -Kinyarwanda,English,French
  • Currency   -Rwandan franc

India completes nuclear triad by commissioning INS Arihant

  • India has completed its nuclear triad by inducting the first indigenously built strategic nuclear submarine INS Arihant into service.
  • India becomes sixth country to have a nuclear triad i.e. capable of delivering nuclear weapons by aircraft, ballistic missiles and submarine launched missiles.
  • Other countries having nuclear triad are Russia, United States, United Kingdom, Franceand China.
  • INS Arihant was formally commissioned by Navy Chief Admiral Sunil Lanba in August 2016. However, it was kept secret owing to strategic significance.

Features of INS Arihant

  • INS Arihant is nuclear submarine capable of carrying nuclear tipped ballistic missiles.
  • It belongs to class referred to as Ship Submersible Ballistic Nuclear (SSBN).
  • Its design is based on the Russian Akula-1 class submarine.
  • It was built with Russia’s help under Advanced Technology Vessel (ATV) project started in the 1980s. It weighs 6000 tonnes and is 112 metre long.
  • Powered by 83 MW pressurised light water nuclear reactor with enriched uranium fuel. Armed with the K-15 Sagarika missiles with a range of 750 km.
  • Later- it will be armed with much longer range K-4 missiles (3,500 km range) being developed by

Ship Submersible Ballistic Nuclear (SSBN)

  • SSBNs are designed to prowl the deep ocean waters and carry nuclear weapons.
  • Provide a nation with an assured second strike capability i.e. capability to strike back after being hit by nuclear weapons first.
  • In case of India, second strike capability is particularly important as it had committed to a ‘No-First-Use’ policy as part of its nuclear doctrine.
  • Nuclear triad capability of India India is fourth Nation in the world to possess Nuclear Triad apart from US, Russia and China.
  • It means that India is capable of delivering nuclear weapons by aircraft, land based ballistic missiles and submarine launched missiles.
  • India Army has strong arsenal of land based ICBM (intercontinental ballistic missile).
  • It includes Agni series, Prithvi series, Prahar Missile, Shaurya Missile, supersonic Brahmos and subsonic Nirbhay missiles.
  • Indian Airforce (IAF) operates Jaguars aircrafts which are designed for deep penetration strike and can carry nuclear bomb. Besides, IAF also has SU 30 MKI and Rafale aircrafts which can also be used to deliver nuclear weapons.
  • Indian Navy now has its own nuclear powered ballistic missile submarine INS Arihant capable of delivering nuclear weapons.

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