Sarat Chandra IAS Academy

Important Terms in 10th August-2020 News

 

Central Industrial Security Force (CISF)

  • The Central Industrial Security Force is a Central Armed Police Force in India.
  • It was set up under an Act of the Parliament of India on 10 March 1969 with a strength of 2,800.
  • CISF was subsequently made an armed force of India by another Act of Parliament passed on 15 June 1983.
  • The CISF is governed by the Union Ministry of Home Affairs, its headquarters is at New Delhi.

UNSC

  • The UNSC (United Nations Security Council) is one of the 6 principal organs of the United Nations.
  • Its powers include the establishment of peacekeeping operations, the establishment of international sanctions, and the authorization of military action through Security Council resolutions; it is the only UN body with the authority to issue binding resolutions to member states.

PM KISAN

  • The scheme was started with a view to augment the income of the farmers by providing income support to all landholding farmers’ families across the country, to enable them to take care of expenses related to agriculture and allied activities as well as domestic needs.
  • Under the Scheme an amount of Rs.6000/- per year is transferred in three 4-monthly installments of Rs.2000/- directly into the bank accounts of the farmers, subject to certain exclusion criteria relating to higher income status.
  • The entire responsibility of identification of beneficiaries rests with the State / UT Governments.

QUAD

  • Quadrilateral Security Dialogue (Quad) is the informal strategic dialogue between India, USA, Japan and Australia.
  • It ensures and supports a “free, open and prosperous” Indo-Pacific region.
  • The idea of Quad was first mooted by Japanese Prime Minister Shinzo Abe in 2007.

BRI

  • BRI consists of the land-based belt, ‘Silk Road Economic Belt’, and ‘Maritime Silk Road’, aims to connect the East Asian economic region with the European economic circle and runs across the continents of Asia, Europe and Africa.
  • BRI is China’s ambitious project announced in 2013. It covers about 65% of the world population, 60% of the world GDP and over 70 countries in six economic corridors.

FDI

  • Foreign direct investments (FDI) are investments made by one company into another located in another country.
  • FDIs are actively utilized in open markets rather than closed markets for investors.

INDUS WATER TREATY

  • The Indus system comprises the main Indus River, Jhelum, Chenab, Ravi, Beas and Sutlej. The basin is mainly shared by India and Pakistan with a small share for China and Afghanistan.
  • Under the treaty signed between India and Pakistan in 1960, all the waters of three rivers, namely Ravi,Sutlej and Beas ( Eastern Rivers) were allocated to India for exclusive use.
  • While, the waters of Western rivers – Indus, Jhelum, and Chenab were allocated to Pakistan except for specified domestic , non-consumptive and agricultural use permitted to India as provided in the Treaty.

Court of Arbitration

  • The Permanent Court of Arbitration (PCA) is an intergovernmental organization located in The Hague, Netherlands.
  • It is not a court in the traditional sense, but provides services of an arbitral tribunal to resolve disputes that arise out of international agreements between member states, international organizations or private parties.

GSI

  • Geological survey of India was set up in 1851 primarily to find coal deposits for the Railways.
  • The main functions of the GSI relate to creation and updation of national geo-scientific information and mineral resource assessment.
  • It is headquartered in Kolkata and has six regional offices located at Lucknow, Jaipur, Nagpur, Hyderabad, Shillong and Kolkata. Every state has a state unit.

 

 

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