Chennai Current Affairs - 2019

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Worldwide Cost of Living Survey 2019 by Economist Intelligence Unit

The Economist Intelligence Unit has released the report of the Worldwide Cost of Living Survey 2019.

Findings of the Survey

  • For the first time in its 30-year history, three cities have been accorded the title of the world’s most expensive city in the Worldwide Cost of Living Survey from The Economist Intelligence Unit.
  • Singapore which top’s of the rankings for the sixth consecutive year is joined there by Hong Kong and Paris.
  • Zurich in Switzerland stood at the fourth position followed by Japan’s Osaka which shared fifth place with Geneva, also in Switzerland.
  • Seoul (South Korea), Copenhagen (Denmark) and New York (US) were jointly placed at the seventh spot.
  • Los Angeles (US) along with Israel’s Tel Aviv was named the 10th most expensive city in the world.
  • The cost of living in Chinese cities remains relatively stable, while Southeast Asian destinations were moving up the ranks.
  • Weaker local currencies have pushed all five Australian and two New Zealand cities surveyed down in the ranking.
  • While parts of Asia remain the most expensive places on Earth, Asian Cities also makes several appearances at the bottom of the list.
  • World’s cheapest cities include Caracas (Venezuela), Damascus (Syria), Tashkent (Uzbekistan), Almaty (Kazakhstan), Karachi (Pakistan), Lagos (Nigeria), Buenos Aires (Argentina) as well as the three Indian cities of Bengaluru, Chennai and Delhi.

 

The Survey compares more than 400 individual prices across 160 products and services in cities around the world by keeping New York as the benchmark city.

Month: Categories: InternationalUPSC

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GSI Sets Up 22 GPS Stations across Country

The Geological Survey of India (GSI) has launched 22 permanent global positioning system (GPS) stations across India to identify seismically hazardous zones and encourage mapping activities.

These 22 stations are part of the 35 stations planned by GSI to establish and maintain a network of continuously operating 35 permanent GPS stations.

Fact Box: Bhuvisamvad

Bhuvisamvad is an app launched by the Ministry of Mines to facilitate interaction between geo-scientists and university and college students.

GPS stations

22 stations inaugurated are based at Kolkata, Thiruvananthapuram, Jaipur, Pune, Dehradun, Chennai, Jabalpur, Bhubaneswar, Patna, Raipur, Bhopal, Chandigarh, Gandhinagar Vishakhapatnam, Agartala, Itanagar, Mangan, Jammu, Lucknow, Nagpur, Shillong and Little Andaman.

13 More Stations Would come up at Aizawl, Faridabad, Uttarkashi, Pithoragarh, Cooch Behar, Zawar, North Andaman, Middle Andaman, South Andaman, Ranchi, Mangalore, Imphal and Chitradurga.

These stations are meant to delineate high strain zones for earthquake probability, determine a seismic motion on faults that may lead to a rupture and produce thematic maps with high positional accuracy.

Geological Survey of India

Geological Survey of India (GSI) was established in 1851 primarily to find coal deposits for the Railways. Over the years GSI  has not only grown into a repository of geoscience information required in various fields in the country but has also attained the status of a geo-scientific organisation of international repute.

The main functions of GSI attached to the Ministry of Mines is to create and update of national geoscientific information and mineral resource assessment through ground surveys, airborne and marine surveys, mineral prospecting and investigations, multi-disciplinary geoscientific, geotechnical, geo-environmental and natural hazards studies, glaciology, seismotectonic study, and carrying out fundamental research.

Month: Categories: Science & TechnologyUPSC

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