Current Affairs for SSC CGL Exams - 13 February 2019
Current Affairs for SSC CGL Exams - 13 February 2019
Jammu & Kashmir administration constitutes secretaries panel to study issues
of people in Kargil
The Jammu and Kashmir administrationon Tuesday constituted a
committee of secretaries to look into the demands of the people of Kargil,
where a shutdown was observed for the fourth consecutive day on Tuesday over
the demand for rotational offices.
The spokesman said the government has formed a committee of senior
officers "to determine the location and scope and size of division level
offices, their staffing, size and most importantly, their location in the
Meanwhile, a Kargil-based civil society group, Joint Resistance
Movement, has decided to continue with its protest shutdown against the
administration’s decision to set up divisional commissioner’s office at Leh
after Ladakh was declared a separate division recently and was split from
Former Chief Minister and National Conference vice-president Omar
Abdullah also backed the demand of the people of Kargil. “It seems the
decision was taken in a haste and is contrived to pitch one community
against the other. Had the idea behind this act been to empower the people
of Ladakh, then the governor would have held deliberations,” said Mr.
RBI penalises banks for non compliances of norms
Reserve Bank has imposed monetary penalty of two million rupees
each on HDFC Bank, IDBI Bank and Kotak Mahindra Bank for non-compliance of
various Know Your Customer/ Anti-Money Laundering norms.
In a statement issued from Mumbai yesterday, RBI informed that it
has imposed monetary penalty of 1.5 Crore rupees each on Allahabad Bank,
Bank of Maharashtra and Indian Overseas Bank for non-compliance of norms
related to monitoring end use of funds, exchange of information,
classification and reporting of frauds and on restructuring of accounts.
A penalty of 1 crore rupees was imposed on Andhra Bank for the
same reason. The central bank clarified that the action is purely based on
deficiencies in regulatory compliance and is not intended to pronounce upon
the validity of any transaction by the banks with their customers.
CAG report finds majority registered realty companies operate without PAN
In an audit of assessments made by the Income Tax Department on
the real estate sector, the Comptroller and Auditor General (CAG) found that
a whopping 95% of the companies registered with the Registrar of Companies (RoC)
did not have a permanent account number (PAN).
In an analysis of the data of the RoCs in 12 States, the CAG also
noted that there were several companies that the tax net had failed to
capture and that the department had no mechanism to ensure that all the
registered companies had PAN or that they filed their income tax returns (ITR)
The CAG said that it forwarded the information received from the
RoCs regarding the companies without PAN to the Income Tax Department, but
received no reply. “Audit attempted to ascertain whether the companies in
RoC data with PAN were regular in filing their ITRs,” the report added.
In order to rectify this, the CAG recommended that the Central
Board of Direct Taxes and the Ministry of Corporate Affairs set up an
inter-ministerial arrangement so that when a company is registered with the
RoC, the application for a PAN is automatically submitted to the tax
“Further, the companies should be compulsorily required to submit
a copy of acknowledgement of ITR while furnishing their annual reports in
Form MGT-7. This will ensure that companies file their ITRs and at the same
time the data of ROC will be in sync with that of ITD.”
India and Maldives on Tuesday exchanged an agreement to facilitate
visas for travel between the two countries in a number of categories, easing
a bilateral stand off which had resulted in thousands of Indian job seekers
being denied work permits last year.
Under the agreement, the government will free up the visa regime
for Maldives citizens who travel to India for medical reasons and for
education in particular. This will include allowing Maldives citizens who
receive a visa on arrival in India to change their visa status to medical
visas if they require hospitalisation during their stay.
Medical visas will also be granted to attendants to accompany
patients. The government has also agreed to grant visas for parents and
other dependants to live in India while their children attend school here.
The facilitation has been a long pending demand of the Maldives
government, given the difficulties faced by thousands of short term visa
applicants each year.
The agreement will ease visas on arrival for Indian businessmen,
and bring cheer to Indians applying for work in the Maldives, as it
stipulates that work permits will be issued within 15 days to Indian
employees, and the visa fees will be paid by employers in the Maldives.
::SCIENCE & TECHNOLOGY::
Study reveals Indian and china as pioneers of global greening efforts
India and China are leading the global greening effort, a finding
that is quite contrary to the general perception worldwide, a study based on
NASA satellite data has said, observing that the world is a greener place
than it was 20 years ago.
“China and India account for one-third of the greening but contain
only 9% of the planet’s land area covered in vegetation. That is a
surprising finding, considering the general notion of land degradation in
populous countries from over exploitation,” said lead author Chi Chen of
The study published on February 11, in the journal Nature
Sustainability said that satellite data (2000 – 2017) revealed a greening
pattern strikingly prominent in China and India and overlapping with
The study says that the greening trend may change in the future
depending on various factors. For example, increased food production in
India is facilitated by groundwater irrigation. As the groundwater is
depleted, the trend may change.
The researchers also pointed out that the gain in greenness around
the world does not necessarily offset the loss of natural vegetation in
tropical regions such as Brazil and Indonesia.
India open snooker to be held in Kochi
Some of the biggest stars of world snooker, including four-time
World champion John Higgins, will be in action in the fifth India Open which
begins at the Grand Hyatt, Bolghatty Island, in Kochi, on February 27.
The event, the country’s biggest professional snooker tournament
and a World-ranking event, carries a total prize fund of Rs. 3 crore. and
runs till March 3.