Sarat Chandra IAS Academy

Important Terms in 15th August-2020 News

 

Bureau of Indian Standards Act

  • BIS Act allows multiple types of simplified conformity assessment schemes including self-declaration of conformity.
  • BIS act provides enabling provisions for making hallmarking of precious metal articles mandatory.
  • The Act enables the Central Government to appoint any authority/agency, in addition to the BIS, to verify the conformity of products and services with the established standard and issue certificate of conformity.
  • There is a provision for repair or recall, of the products (bearing Standard Mark) that do not conform to the relevant Indian Standard.

Free trade agreement

  • A Free Trade Agreement is an agreement between countries to reduce or eliminate barriers to trade.Trade barriers include tariff barriers like taxes and nontariff barriers like regulatory laws.
  • Trade barriers include tariff barriers like taxes and nontariff barriers like regulatory laws.
  • A Free Trade Agreement or FTA is an agreement between two or more countries where the countries agree on certain obligations that affect trade in goods and services, and protections for investors and intellectual property rights, among other topics.

Gallantry awards

  • Post-independence, first three gallantry awards namely the Param Vir Chakra, the Maha Vir Chakra and the Vir Chakra were instituted by the Government of India on 26th January, 1950 which were deemed to have effect from the 15th August, 1947.
  • Thereafter, other three gallantry awards i.e. the Ashoka Chakra Class-I, the Ashoka Chakra Class-II and the Ashoka Chakra Class-III were instituted by the Government of India on 4th January, 1952, which were deemed to have effect from the 15th August, 1947.
  • These awards were renamed as the Ashoka Chakra, the Kirti Chakra and the Shaurya Chakra respectively in January, 1967.
  • These gallantry awards are announced twice in a year – first on the occasion of the Republic Day and then on the occasion of the Independence Day.
  • Order of precedence of these awards is the Param Vir Chakra, the Ashoka Chakra, the Mahavir Chakra, the Kirti Chakra, the Vir Chakra and the Shaurya Chakra.

Operation Meghdoot

  • The Operation Meghdoot was launched on April 13, 1984.
  • Under the operation, the Indian troops successfully gained control of entire Siachen glacier.

Abraham accord

  • The agreement was the product of lengthy discussions between Israel, the UAE and the US that accelerated recently.
  • Under the accord, Israel has agreed to suspend annexing areas of the occupied West Bank as it had been planning to do.
  • It also firms up opposition to regional power Iran, which the UAE, Israel and the US view as the main threat in the region.

ITBP

  • The Indo-Tibetan Border Police is one of five Central Armed Police Forces of India.
  • It was raised on 24 October 1962, under CRPF Act, in wake of 1962 Sino-Indian War.
  • It was provided full autonomy after Parliament enacted the Indo-Tibetan Border Police Force Act, 1992.
  • It works under command of Union Home Ministry.
  • Its motto is Shaurya – Dridhata – Karm Nishtha (English: Valour – Steadfastness and Commitment).

 

 

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