KARPATHU IAS Academy Official
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BRICS-ARP

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When?  During the 7th BRICS Summit held on 9th July 2015 at Ufa in Russia
Who proposed? Indian Prime Minister Shri Modi proposed to establish BRICS Agriculture Research Centre
Proposal: The Centre will promote sustainable agricultural development and poverty alleviation through strategic cooperation in agriculture to provide food security in the BRICS member countries.
BRICS-ARP:
To intensify cooperation among BRICS countries in agricultural research policy, science and technology, innovation and capacity building, including technologies for smallholder farming in the BRICS countries
Proposal for the establishment of the Agricultural Research Platform was signed by the foreign Ministers of BRICS countries in the 8th BRICS Summit held on 16th October, 2016 at Goa
BRICS-ARP will be the natural global platform for science-led agriculture-based sustainable development for addressing the issues of world hunger, under-nutrition, poverty and inequality, particularly between farmers’ and non-farmers’ income, and enhancing agricultural trade, bio-security and climate resilient agriculture.
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What is the difference between...?

Accept 🆚 Except

—Accept means to receive.
— Except means not including

A lot 🆚 Alot

—A lot means a large number, extent, or amount.
— Alot is not a word and doesn't exist

All ready 🆚 Already

—All ready means prepared.
—Already means by this time

Apart 🆚 A part

— Apart is to be separated.
— A part is to be joined with
How do Pay Phones Work ?

Pay phones, or coin phones, are activated by the weight of the coin as it is inserted. The coin activates a pulse, and the pulse starts the dial tone of the phone. Each pay phone is programmed with calling rates and fees.
An electronic device monitoring the current rates for local and long-distance calling is installed in the payphone while it is being made. This device also contains information about calling cards and collect call data.
When the dialer attempts to make a call, the phone will calculate the amount of money needed for the call based on the length of time the dialer wants to talk. As the time ends, a voice will request additional money to be deposited to continue the call. If money is not deposited, the phone will automatically disconnect the call when the deposited money runs out.
Why pirates cover their one eye ?

Some assume pirates wore eye patches to cover a missing eye or an eye that was wounded in battle, but in fact, an eye patch was more likely to be used to condition the eye so the pirate could fight in the dark.
It takes an average human eye about 25 minutes to fully adapt from bright sunlight to seeing in complete darkness—if a pirate was fighting on deck in the light, then had to go under the deck to fight downstairs where it is usually pretty dark, that would be a long time to go without being able to see.  The eye patch could be used to prepare one eye to see in the dark, so when they would go below deck they could swap over the eye patch from one eye to the other and see with the eye that has already adjusted to low light conditions. This would allow them to instantly in the dark.
4th August 2017

Economic Times

Ø  After Essar, banks now set eye on Videocon’s Rs 43k cr debt default
Ø  Bad loan: RBI to take up more cases, says Jaitley
Ø  Infy to buy customer experience studio for £7.5 mn
Ø  Lok Sabha passes 2 bills extending CGST, IGST to J&K
Ø  No NOC to old vehicles if states don't comply: NGT
Ø  Oil majors gushing in cash despite cheap crude

 **Business Standard**

Ø  Amazon, Grofers get govt nod for Rs 3,700 cr FDI in food retail
Ø  NSE meets shareholders, looks to list by March 2018
Ø  IOC Q1 net down 45% to Rs 4,549 cr, GRM more than halves to $4.32
Ø  Govt raises Rs 327 cr from Hindustan Copper share sale
Ø  Chocolate mithais to attract 5% GST, govt clarifies
Ø  Cochin Shipyard IPO subscribed 76 times

Business Line

Ø   SEBI panel to study use of fintech solutions for securities market
Ø  Lok Sabha passes Bill to replace NPA Ordinance
Ø  Lupin gets USFDA nod for cholesterol-lowering drug
Ø  Businesses can start filing July returns on GSTN from Aug 5
Ø  Interest rates to gradually become reasonable: Jaitley 
Ø  'Banks may need 20% incremental provisioning for 50 large NPAs' 

Mint

Ø  Oil companies hike fuel pump dealers’ commissions
Ø  SBI to mobilise Rs2,000 crore via Basel-III bonds
Ø  Cognizant profit rises 86% to $470 million, revises annual revenue guidance
Ø  Jio interconnection: Delhi HC seeks DoT view on Trai suggestion to penalise Idea Cellular
Ø  RCom-Aircel merger needs Supreme Court nod: Telecom dept

Financial Express

Ø  FDI in textiles doubled to $619 million in 2016-17
Ø  Kalyani Group opens missile making unit with Israel's Rafael Advanced Defence System
Ø  Services sector contracts by most in 4 years on GST woes: PMI
Ø  Central bank flags poor transmission of past rate cuts through MCLRs
Ø  Indian Oil Corporation steps up crude oil import from US

 **Financial Chronicle**

Ø  Govt drafting central law to deal with chit fund schemes: FM
Ø  FM defends SBI decision to cut saving account interest rate
Ø  RBI to set up task force on public credit registry.
Forwarded from Kubendran Mohan
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Why do people celebrate Yom Kippur?
Yom Kippur—the Day of Atonement—is considered the most important holiday in the Jewish faith. Falling in the month of Tishrei (September or October in the Gregorian calendar), it marks the culmination of the 10 Days of Awe, a period of introspection and repentance that follows Rosh Hashanah, the Jewish New Year.

Yom Kippur War


On October 6, 1973, Syria and Egypt, with support from other Arab nations, launched a surprise attack on Israel, on Yom Kippur. This renewal of hostilities in the Arab–Israeli conflict released the underlying economic pressure on oil prices. At the time, Iran was the world's second-largest oil exporter and a close US ally. Weeks later, the Shah of Iran said in an interview: "Of course [the price of oil] is going to rise... Certainly! And how!... You've [Western nations] increased the price of the wheat you sell us by 300 percent, and the same for sugar and cement... You buy our crude oil and sell it back to us, refined as petrochemicals, at a hundred times the price you've paid us... It's only fair that, from now on, you should pay more for oil. Let's say ten times more."

On October 12, 1973, US president Richard Nixon authorized Operation Nickel Grass, a strategic airlift to deliver weapons and supplies to Israel, after the Soviet Union began sending arms to Syria and Egypt.
The Vedaranyam March (also called the Vedaranyam Satyagraha) was a framework of the nonviolent civil disobedience movement in British India. Modeled on the lines of Dandi March, which was led by Mahatma Gandhi on the western coast of India the month before, it was organised to protest the salt tax imposed by the British Raj in the colonial India.

C. Rajagopalachari, a close associate of Gandhi, led the march which had close to 150 volunteers, most of whom belonged to the Indian National Congress. It began at Trichinopoly (now Tiruchirappalli) on 13 April 1930 and proceeded for about 150 miles towards the east before culminating at Vedaranyam, a small coastal town in the then Tanjore District. By collecting salt directly from the sea the marchers broke the salt law. As a part of the march, Rajagopalachari created awareness among the people by highlighting the importance of khādī as well as social issues like caste discrimination. The campaign came to an end on 28 April 1930 when the participants were arrested by the police. Its leader Rajagopalachari was imprisoned for six months. The march along with the ones at Dandi and Dharasana drew worldwide attention to the Indian independence movement.
Forwarded from Kubendran Mohan
RECENT BOOKS AND AUTHORS,
Indira Gandhi: A Life in Nature authored by Jairam Ramesh launched
The Flaming Tresses of Draupadi, authored by M Veerappa Moily launched
Confessions of a dying mind: The blind faith of atheism,” by Kiren Rijiju
 Hope in a Challenged Democracy: An Indian Narrative authored by Ashwani Kumar
Gandhi in Champaran, authored by DG Tendulkar, launched
The Rise of Sivagami: Book 1 of Baahubali - Before the Beginning by Anand Neelakanthan
 Rekha – The Untold Story authored by Yasser Usman
 Hema Malini: Beyond the Dream Girl authored by
   Ram Kamal Mukherjee
 Veerappan, Chasing the Brigand authored by K Vijay Kumar
'The Golden House' by Salman Rushdie
 Khullam Khulla: Rishi Kapoor Uncensored authored by Rishi Kapoor and Meena Iyer
 Kiran Doshi’s book titled ‘Jinnah Often Came to Our House’ won 2016 Hindu Prize
 Conflicts of Interest: My Journey through India's Green Movement authored by Sunita Narain
 The Adivasi Will Not Dance authored by Hansda Sowvendra Shekhar
 Indian Railway-The weaving of a National Tapestry: Bibek Debroy, Sanjay Chadha & Vidya Krishnamurthi
Home of the Brave  by Nitin A Gokhale
 The People's President: Dr. APJ Abdul Kalam: S M Khan.
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What is Cookies ?

An HTTP cookie (also called web cookie, Internet cookie, browser cookie, or simply cookie) is a small piece of data sent from a website and stored on the user's computer by the user's web browser while the user is browsing.
Cookies are messages that web servers pass to your web browser when you visit Internet sites. Your browser stores each message in a small file, called cookie.txt . When you request another page from the server, your browser sends the cookie back to the server.
For BANKING

Economy, RBI, Banking Current Affairs 2017 - 👉JULY👈

Market regulator Securities and Exchange Board of India (SEBI) has set up a committee on ‘fair market conduct’. It will be headed former law secretary... 👈👈

The International Monetary Fund (IMF) in its July World Economic Outlook (WEO) Update has retained India’s projected GDP growth rate at 7.2% for 2017-.👈👈

Markets regulator Securities and Exchange Board of India (SEBI) has entered into a Memorandum of Understanding (MoU) with the European Securities and settlement activities.... 👈👈

Mukesh Ambani-led Reliance Industries Limited (RIL) for the first time in its trading history has crossed Rs 5 lakh crore in market capitalisation. The market cap of RIL stood at Rs 5,04,458.09 on BSE (Bombay Stock Exchange.... 👈👈

The Insolvency and Bankruptcy Board of India (IBBI) has notified regulations for inspection and investigation of service providers registered with it.... 👈👈

India and European Union (EU) have established Investment Facilitation Mechanism (IFM) for EU Investments in India. The mechanism will allow for a close coordination between EU and India with an aim to promote and facilitate EU investment in India.... 👈👈

India, the world’s third-largest oil importer, for the first time will import crude oil from the United States. The purchase comes after Prime Minister Narendra Modi’s visit to the US in June 2017 when President Donald Trump had assured that US looks forward to export more energy producUTS to India👈👈

According to RBI, India’s foreign exchange (Forex) reserves have increased by $4.007 billion to touch a record high of $386.539 billion in the week the week that ended 30th June 2017. The components of India’s Foreign Exchange Reserves include Foreign currency assets (FCAs), Special Drawing Rights (SDRs)👈👈


Latest Appointments in Banking Sector – Current Affairs GK 2017🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟


International Economic Association (IEA) president - Kaushik Basu
IDFC Bank MD and CEO - Sunil Kakar
Manappuram Home Finance MD - Jeevandas Narayan
Paytm Payments Bank CEO - Renu Satti
Deputy Governor of Reserve Bank of India – B P Kanungo (He has been appointed in place of R Gandhi)
LIC Managing Director - Hemant Bhargava
LIC Housing Finance new MD & CEO - Vinay Shah
Principal Economic Adviser - Sanjeev Sanyal (former MD of Deutsche Bank)
National Stock Exchange (NSE) new CEO and Managing Director - Vikram Limaye (former IDFC chief)
India Post Payments Bank (IPPB) interim Managing Director and CEO - AP Singh
Karnataka Bank Ltd new MD and CEO - Mahabaleshwara Mavinakudige Subrahmanya
How does the blood type work?

The test to determine your blood group is called ABO typing. Your blood sample is mixed with antibodies against type A and B blood. Then, the sample is checked to see whether or not the blood cells stick together. If blood cells stick together, it means the blood reacted with one of the antibodies.

Blood typing procedure:

•Mix! First mix the patient's blood with three different reagents including either of the three different antibodies, A, B or Rh antibodies!

•Look for agglutination!

•Then you take a look at what has happened.

•Figure out the ABO blood group!

•Figure out the Rh blood group!

•Figure out the blood type!
Replacement Satellite
 ISRO will soon launch a replacement navigation satellite fitted with corrected atomic clocks
Why: Due to the malfunctioning of the IRNSS-1A because of its atomic clock
This satellite will be a part of NAViC
What is NAViC?
 NAViC or Navigation Indian Constellation, is India’s own GPS-like system to give accurate information about location and time of persons or objects
It is same as the older U.S. Global Positioning System or Russia’s GLONASS
Is IRNSS-1A not working?
The troubled 1A can still send low-powered messages and weather data that are useful to fishermen
But it cannot be used in NAViC due to its malfunctioning clock

Atomic Clocks

An atomic clock is a clock device that uses an electron transition frequency in the microwave, optical, or ultraviolet region of the electromagnetic spectrum of atoms as a frequency standard for its timekeeping element
Atomic clocks are the most accurate time and frequency standards known, and are used as primary standards for international time distribution services, to control the wave frequency of television broadcasts, and in global navigation satellite systems such as GPS.
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Define the following terms 1. Isohyets 2. Isobars 3. Isothems 4. Isohels 5.Weathering 6.Deposition 7.Mudflow?

1. Isohyets a line on a map or chart connecting areas of equal rainfall.
2. An imaginary line or a line on a map or chart connecting or marking places of equal barometric pressure .
3.Isotherm (contour line) – a type of contour line that connects points of equal temperature at a given date or time on a geographic map 
4. It is a line of equal or constant solar radiation . 
5. The breaking down of rocks, soils and minerals as well as artificial materials through contact with the Earth's atmosphere, biota and waters. 
6. (Aerosol Physics), a process where aerosol particles set down onto surfaces, (physics), the process of gas transformation into solid,(chemistry), molecules settling out of a solution.
7. The most rapid (up to 80 km/h, or 50 mph) and fluid type of downhill mass wasting. It is a rapid movement of a large mass of mud formed from loose soil and water.