Daily Current affairs IAS UPSC – March 25 2017

THE HINDU DAILY CURRENT AFFAIRS GS syllabus wise 

25.03.2017

daily current affairs for upsc

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GENERAL STUDIES 01 current affairs

  • High temperature problem

  • Just summer took little step in india and come with severe hit problem as temperature broke its record

  • Seven places, mostly in the western region of Odisha, recorded temperatures above 40 degrees Celsius on Friday as summer started tightening its grip across the State.

  • The rise in temperature is attributed to non-occurrence of rain. The frequency of western disturbances which cause rain or snowfall
    in Himachal Pradesh and Jammu and Kashmir has also come down. As a result, dry hot winds have been continuously blowing from the west and north-western parts triggering a rise in temperature in interior pockets of Odisha

  • Year of 2016 recorded as the hottest year of the india and according to trend and analysis of current situation summer of the 2017 will not provide much relief

  • For this situation government should prepared for the situation because as we have already seen in last summer with water train to provide water

  • Government also should be prepared with the guidelines for people to avoid any harm form heat wave effect.

  • Time zone in india

  • In a two paragraph order de- livered by Chief Justice Ajit Singh, the Gauhati High Court has dismissed a public interest litigation filed by Rita Mozumder seeking a direction from the Central government to notify a separate time zone for the Northeast.

  • The idea of a standard time zone has become so integral to our lives that we often take it for granted and assume it to be a part of natural phenomena. We tend to forget the complex contestations — including legal ones — that go into its making.

  • The creation of a time zone signals the victory of time over space with geographical areas being brought under a single time zone rather than relying on local solar time.

  • In the Northeast, the sun rises as early as four in the morning and in winter it sets by four in the evening. By the time government offices or educational institutions open, many daylight hours are already lost. In winter this problem gets even more accentuated and the ecological costs are a disaster with much more electricity having to be consumed.

  • If socioeconomic development is indeed one of the formulae to combat insurgency, might it not be worthwhile to consider the disastrous impact that IST has on productivity and efficiency in the region?

  • A few years ago, then Assam Chief Minister Tarun Gogoi, frustrated with the decision of the Centre not to have a separate Northeast time, unilaterally decided that Assam would follow ChaiBagaan time. Bagaan time or tea time is a reference to an informal practice followed in tea gardens in Assam which is an hour ahead of IST.

  • Ambedkar’s reference to “Bombay time” and “Calcutta time” reminds us of an interesting aberration in the history of IST. It was instituted in 1905 but after it had been adopted, Bombay traders found it difficult to convert to IST. Because the conversion to IST was sought to be effected at a time when there was considerable public resentment over the Tilak sedition trial, the government found little
    support for this shift among the people in Bombay. Bombay Time was maintained right up to 1955 with Bombay following its own time zone which was 38 minutes ahead of the rest of the country.

  • ICHR to study weather Ram setu is natural or manmade

  • Indian council of historical research an apex body for the governemtn in historical research will study history of the Ram setu

  • Ram setu is believed to part of the Ramayan era and was build by the army of Lord Sri Ram

  • The Indian Council of Historical Research (ICHR) is set to undertake an archaeological exploration to find out whether the Ram Setu is a natural or man-made phenomenon.

  • Also known as Adam’s Bridge, Ram Setu is a stretch of limestone shoals running from Pamban Island near Rameswaram in Tamil Nadu to the Mannar Island near the northern coast of Sri Lanka. While there are geological theories on its natural formation, many
    Hindus believe it was built by the army of Lord Ram to go to Lanka to wage war with its king, Ravana.

  • The plan for a Sethusamudram shipping canal project to cut travel time for ships — as they could not cross the shallow Ram Sethu otherwise — is hanging fire as both Hindu groups and environmentalists have opposed it.

GENERAL STUDIES 03 current affairs

  • Center seek bank turnaround plan

  • The Centre, which has mandated State Bank of India’s merchant banking arm SBI Caps to vet each bank’s plan, wrote to the state owned lenders last week stipulating that they would each have to sign a Memorandum of Understanding (MoU) with the government, agreeing to stick to the turnaround plan. “The government wants 10 public sector banks to turn around in the next three years, and we are preparing the plan for that

  • The government’s move to crack the whip on lenders comes after some banks reported losses in financial year 2015-16 as well as for the nine-month period of the current financial year. Bad loans zoomed following the Reserve Bank of India’s asset quality review, which required banks to classify many accounts identified by the banking regulator as ‘bad’. The RBI said it wanted to clean up banks’ balance sheets by March 2017

  • In its financial stability report, RBI had said banks may remain risk averse in the near future as they clean up their balance sheets and their capital position may remain insufficient to support higher credit growth.

  • According to RBI data, gross non-performing assets of commercial banks increased to 9.1% of their gross advances as of September 2016, from 5.1% a year earlier. Public sector banks share a disproportionate burden of this stress.

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