404 Important Terms in 06th November -2020 News - Sarat Chandra IAS Academy

Sarat Chandra IAS Academy

Important Terms in 06th November -2020 News

 

United Nations General Assembly:

  • UNGA is one of the six principal organs of the United Nations, serving as the main deliberative, policy-making, and representative organ of the UN.
  • UN is an international organization founded in 1945. It is currently made up of 193 Member States.
  • The other five organs of the UN are: Security Council, Economic and Social Council (ECOSOC), the Trusteeship Council, the International Court of Justice (ICJ) and the UN Secretariat.

 

National Investment and Infrastructure Fund:

  • NIIF is a government-backed entity established to provide long-term capital to the country’s infrastructure sector.
    -The Indian government has a 49% stake in NIIF with the rest held by foreign and domestic investors.
    -With the Centre’s significant stake, NIIF is considered India’s quasi-sovereign wealth fund.
  • It was set up in December 2015 as a Category-II Alternate Investment Fund.
  • Across its three funds viz. Master Fund, Fund of Funds, and Strategic Opportunities Fund, it manages over USD 4.3 billion of capital.
  • Its registered office is in New Delhi.

 

Pandemic:

  • According to the WHO, a pandemic is declared when a new disease for which people do not have immunity spreads around the world beyond expectations.

Epidemic:

  • An epidemic is a large outbreak, one that spreads among a population or region. It is less severe than pandemic due to a limited area of spread.

 

Pinaka Missile:

  • Development: The development of the Pinaka multi-barrel rocket systems was started by the DRDO in the late 1980s, as an alternative to the Multi Barrel Rocket Launcher systems of Russian make called the ‘Grad’, which are still used by some regiments.
    -After successful tests of Pinaka Mark-1 in the late 1990, it was first used successfully in the battlefield during the 1999 Kargil War. Subsequently, multiple regiments of the system came up over the 2000s.

Leave a Comment

Your email address will not be published. Required fields are marked *

× How can I help you?