Current Affairs Today - Current Affairs 2017

हिंदी करंट अफेयर्स प्रश्नोत्तरी 2017 के लिए यहाँ क्लिक करें.

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India fifth largest producer of e-waste: Assocham-KPMG Study

As per recent study conducted by Assocham-KPMG, India has emerged as the world’s fifth largest electronic waste (e-waste) producer.

India discards roughly 18.5 lakh tonnes of e-waste each year and telecom equipment alone accounts for 12% of it.

Key facts

  • The study has highlighted the concern of rising levels of e-waste generation in India in recent years.
  • India being world’s second largest mobile market with 1.03 billion subscribers, nearly 25% of it end up in e-waste annually.
  • The unorganised sector in India is estimated to handle around 95% of the e-waste produced in the country.
  • The study has suggested that e-waste collection targets implemented in a phased manner under the current policy should set lower and practically achievable target limits.
  • Also, detailed implementation procedures for collection of e-waste from the market need should be prescribed and followed.

Current Policy on e-waste management

  • The Ministry of Environment, Forest and Climate Change (MoEFCC) has notified e-waste management rules, 2016.
  • These rules for the first time have time covered under extended producers’ responsibility (EPR) of electronics producers.
  • It has prescribed a waste collection target of 305 e-waste generated under EPR for the first two years (till 2016) and it will progressively go up to 70% in the seventh year of the rule.
  • These rules also have prescribed stringent financial penalties for non-compliance.

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Sea ice cover around Antarctica is rising: NASA-led study

A new NASA (National Aeronautics and Space Administration)-led study has found that sea ice cover surrounding Antarctica has been increasing slightly.

This study shows sharp contrast to the drastic loss of sea ice occurring in the Arctic Ocean to global temperature rise.

The research study was based on data collected from satellite radar, ocean depth, temperature at sea surface and also consisted land form to study.

Key findings

  • The inverse phenomenon for this rise of the sea ice cover was observed due to geology of Antarctica and the Southern Ocean.
  • Two persistent geological factors for the rise were the topography of Antarctica and the depth of the ocean surrounding it.
  • These two geological factors are influencing ocean currents and winds to drive the formation and evolution of Antarctica’s sea ice cover and help sustain it.
  • In this inverse phenomenon, sea ice forms and builds up early in the sea ice growth season
  • This ice later due to winds gets pushed offshore and northward forming a protective shield of thicker, older ice that circulates around the continent.
  • The persistent winds flowing down slope off the continent plays important role in piling of ice up against the massive ice shield, enhancing its thickness.
  • The thickness of band of this ice varies in width from roughly 100 to 1,000 km. It protects and encapsulates younger, thinner ice from being reduced by winds and waves.
  • This ice drifts away from the continent as the sea ice cover expands creating ice factories conducive to rapid sea ice growth.

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Islamic Development Bank to open its first branch in India at Ahmedabad

Saudi Arabia’s Islamic Development Bank (IDB) has decided to open its first branch in India at Ahmedabad, Gujarat.

In this regard, IDB and its private sector arm, Islamic Corporation for the Development of the Private Sector (ICD), already have met with top officials of the Reserve Bank of India (RBI), EXIM Bank and India’s other nationalized banks.

This announcement comes as part of MoU signed between IDB and India’s EXIM Bank during Prime Minister Narendra Modi visit to United Arab Emirates (UAE) in April 2016.

As part of the MoU a US 100 million dollars line-of-credit (LoC) was to be given to IDB’s member countries to facilitate exports.

Besides, IDB also has decided to provide Gujarat state 30 medical vans as part of its social sector initiatives.

About Islamic Development Bank

  • The IDB is a multilateral development financing institution based in in Jeddah, Saudi Arabia. Presently, it has 56 Islamic countries as its members.
  • It was founded in 1973 by the Finance Ministers at the first Organisation of the Islamic Conference (now Organisation of Islamic Cooperation).
  • IDB’s objective is to foster the economic development and social progress of member countries as well as the Muslim community in accordance with principles of Islamic (Shariah) law.

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