Current Affairs for SSC CGL Exams - 5 SEPTEMBER 2019
Current Affairs for SSC CGL Exams -
5 SEPTEMBER 2019
India-Pakistan agree on visa free travel to Kartarpur corridor
India and Pakistan today agreed to visa-free travel of Indian
pilgrims, without any restrictions based on their faith for the Kartarpur
Sahib Corridor. The understanding was reached during the third round of
talks on the modalities for operationalization of the Kartarpur Sahib
Corridor held today at Attari.
Five thousand pilgrims can visit GurdwaraKartarpur Sahib using the
Corridor every day. Additional pilgrims, over and above the figure of five
thousand, can visit on special occasions but that will be subject to
capacity expansion by Pakistan side.
Pakistan has conveyed its solemn commitment to increase this
number to the maximum possible. Sources said, the Corridor will be
operational throughout the year and seven days a week. Pilgrims will have a
choice to visit as individuals or in groups, and on foot.
Both the sides agreed to build the bridge at Budhi Ravi Channel.
Pending the construction of the bridge on the Pakistan side, both sides
agreed to the crossing point coordinates of the temporary service road being
built. They also agreed upon emergency evacuation procedures, especially
medical emergencies. A direct line of communication between Border Security
Force and Pakistan Rangers will be used for the same.
RBI makes repo rate linked loans for banks mandatory
The Reserve Bank of India has made it mandatory for banks to link
all of their new loan products, be it personal, housing or auto to an
external benchmark like the policy repo rate.
Stating that transmission of policy rate benefits under the
current framework has not been satisfactory, RBI today issued a circular
saying that banks will have to link their products to an external benchmark
with effect from 1st October 2019.
The circular informs that banks can also choose any benchmark
market interest rate published by Financial Benchmarks India Private Limited
- FBIL or the government’s 3-month and 6-month treasury bill yields
published by FBIL as their preferred external benchmark.
India enters list of top 10 countries with gold reserves
India has pipped the Netherlands to move into the list of top ten
countries in terms of total gold reserves.
Interestingly, in terms of individual countries, India actually
ranks ninth since the International Monetary Fund (IMF) occupies the third
position after the U.S. and Germany.
While the IMF is ranked third with a holding of 2,451.8 tonnes, it
is followed by countries such as Italy (2,451.8 tonnes), France (2,436.1
tonnes), Russia (2,219.2 tonnes), China (1,936.5 tonnes), Switzerland (1,040
tonnes) and Japan (765.2 tonnes) before India at the 10th spot.
India’s entry into the list of top ten countries comes at a time
when the quantum of monthly purchases is the lowest in over three years.
“Net purchases [of a tonne or more] in July amounted to a
relatively modest 13.1 tonnes. This is 90% less than June and the lowest
level of monthly net purchases since August 2017,” said Alistair Hewitt,
director — Market Intelligence, World Gold Council.
Previously, when the WGC reported the country-wise reserves in
March, India’s gold holding was pegged at 607 tonnes.
India’s gold reserves have grown substantially in the past couple
of decades from 357.8 tonnes in the first quarter of 2000 to the current
India to manufacture defence components for Russia
In a major breakthrough in Indo-Russian defence ties, India will
start manufacturing spare parts and components for the Russian military
equipment under transfer of technology and set up joint ventures, as the two
strategic partners tried to transform their existing buyer-seller
relationship into one of collaboration.
This was agreed during wide-ranging talks between Prime Minister
NarendraModi and Russian President Vladimir Putin here in the Far East
Russian port city as they pledged to elevate the India-Russia partnership to
new heights of cooperation.
Close cooperation between Russia and India in military and
military-technical areas is a key pillar of bilateral and especially
privileged strategic partnership, the two leaders said.
Briefing reporters on the Modi-Putin talks, Foreign Secretary
Vijay Gokhale said the agreement for manufacturing spare parts for the
Russian military equipment was in tune with Prime Minister Modi’s wish to
transform the defence relationship.
British MP’s reject new PM’s Brexit plan as well as elections
British Prime Minister Boris Johnson's government was left in
limbo on Wednesday after MPs voted to derail his Brexit plan and rejected
his call for an early election to break the political deadlock.
Just six weeks after taking office, Mr. Johnson lost his majority
in the House of Commons as his own MPs joined opposition parties to stop him
taking Britain out of the EU next month without a deal.
On Wednesday evening, they approved a bill that could force Mr.
Johnson to delay Brexit to January or even later if he cannot agree exit
terms with Brussels in time.
But in yet another twist in the tortuous Brexit process, the
opposition Labour Party refused to vote for the election, which requires the
backing of two-thirds of MPs.
::SCIENCE & TECHNOLOGY::
WHO brings in global registry on human genome editing
An expert advisory committee of the World Health Organisation
(WHO) has approved the first phase of a global registry to track research on
human genome editing as the UN’s international public health monitor seeks
to address the ethical and regulatory challenges surrounding promising new
technologies to address gene based treatments.
Accepting the committee’s recommendation, WHO has now announced
plans for an initial phase of the registry using the International Clinical
Trials Registry Platform (ICTRP).
“This phase will include somatic and germline clinical trials,”
the WHO said in the release. “In order to ensure that the registry is fit
for purpose and transparent, the committee will engage with a broad range of
stakeholders on how it will operate,” it added.
The 18-member expert committee also announced an online
consultation on the governance of genome editing.
The committee called on all relevant research and development
initiatives to register their trials. To enhance the development of a global
governance framework for human genome editing, the committee will undertake
both online consultations and in-person engagement.