Daily Current affairs IAS UPSC – March 30 2017



daily current affairs for upsc

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GENERAL STUDIES 02 current affairs


  • New rule by SEBI on broker registration

  • Security exchange board of india is apex body in capital market regulation with statutory backup formed after scam in stock exchange

  • For new initial public offer SEBI permission to be taken and broker also have to register himself with SEBI

  • The capital markets regulator is expected to give its approval to the plan at its board meet scheduled next month. The move, once implemented, will benefit a large number of market intermediaries who currently have to block separate funds in the form of net worth and base minimum capital for their stock and commodity broking entities. With a common registration in place, separate allocation of funds can be done away with.

  • For investors, it could mean a single registration form and one-time KYC — Know Your Client — process to allow them to buy shares as well as trade in commodity derivatives thereby making it easier for individuals and institutions looking to invest in both.

  • A single KYC will allow investors to trade in both commodity and equity. The collaterals and margins that an investor keeps with the broker can also be used against his position in either segments. Currently, clients have to keep separate balance and ledger for commodity and equity since the entities through whom they trade are separate. That practice can also be done away with

GENERAL STUDIES 03 current affairs

  • From BS-III to BS-IV vehicle standard in india

  • Bs or bharat standard is the norms of fuel consumption and fuel type system in vehicle of india

  • This standard first adopted by the European union to curb air pollution and india also follow this path

  • Recently supreme court given order to shift BS-IV standard from IIIstandard for efficient fuel consumption

  • Passenger vehicles compliant with Bharat Stage-III emission norms vary widely from their Bharat Stage-IV compliant engines, depending on the size of the car and whether they are petrol or diesel versions. On the outside, the differences are indistinguishable. However they differ in the electronics, sensor system, the engine’s ability to process low-sulphur fuel and their “after-exhaust” system that determines emissions.

  • BS-IV engines also require that the sulphur content of the fuel they use be less than 50 part per million (ppm) whereas BS-III ones can run on 350 ppm fuel. “You cannot retrofit these engines as high sulphur can clog the injectors”

  • The Centre for Science and Environment said that the transition can lead to substantial reductions in particulate matter emissions. For instance, from new trucks, the emissions can dip by 80% and from cars by half.

From BS-III to BS-IV vehicle standard in india

  • GST bill passed by the parliament

  • Final law on GST which says as one tax one india vision passed by the parliament making india one step ahead in the implementation of the law

GST bill passed by the parliament

  • The Lower House passed the Central GST Bill, Integrated GST Bill, GST Compensation Bill, and the Union Territory GST Bills. The fifth GST legislation, the State GST Bill, will need to be passed by the legislative assemblies of each of the States and Union Territories with legislature.

  • Shift toward renewable energy

  • Countries across the world must focus on accelerated deployment of renewable energy and energy-efficiency measures to achieve a reduction in carbon emissions critical to keeping global temperature rise to no more than two degree Celsius, new findings released by the International Renewable Energy Agency (IRENA).

  • It also underlines the need to promote electric vehicles and liquid biofuel production as well as to equip a total of 2 billion buildings worldwide with energy efficiency measures.

  • India could focus on decentralized energy solutions like rooftop solar panels, to play a greater role in the global energy transition drive.

  • While rooftop solar has the advantage of being easy to install and is cost effective, it requires incentives for households to switch over From the cost and technology perspective, rooftop solar potential is huge but it requires a framework for investors. Provincial regulations should not turn out to be detrimental.

  • 5 new satellite this year

  • Later this year ISRO will launch 5 new satellite including communication satellite that will be work for greater communication access

  • This new satellite also increase frequency of the communication devise that will help us in the time of any natural hazard

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