Sarat Chandra IAS Academy

Important Terms in 4th September -2020 News

 

QUAD:

  • Quadrilateral Security Dialogue (Quad) is the informal strategic dialogue between India, USA, Japan and Australia with a shared objective to ensure and support a “free, open and prosperous” Indo-Pacific region.
  • The idea of Quad was first mooted by Japanese Prime Minister Shinzo Abe in 2007. However, the idea couldn’t move ahead with Australia pulling out of it, apparently due to Chinese pressure.
  • In December 2012, Shinzo Abe again floated the concept of Asia’s “Democratic Security Diamond” involving Australia, India, Japan and the US to safeguard the maritime commons from the Indian Ocean to the western Pacific.
  • In November 2017, India, the US, Australia and Japan gave shape to the long-pending “Quad” Coalition to develop a new strategy to keep the critical sea routes in the Indo-Pacific free of any influence

 

NPA:

  • The assets of the banks which don’t perform (that is – don’t bring any return) are called Non Performing Assets (NPA) or bad loans. Bank’s assets are the loans and advances given to customers. If customers don’t pay either interest or part of principal or both, the loan turns into bad loan.
  • According to RBI, terms loans on which interest or installment of principal remain overdue for a period of more than 90 days from the end of a particular quarter is called a Non-performing Asset.

 

Narcotics Control Bureau:

  • It was constituted by the Government of India in 1986 under the Narcotic Drugs and Psychotropic Substances Act, 1985.
  • It is the apex coordinating agency under the Ministry of Home Affairs.
  • The National Policy on Narcotic Drugs and Psychotropic Substances is based on Article 47 of the Indian Constitution which directs the State to endeavour to bring about prohibition of the consumption, except for medicinal purposes, of intoxicating drugs injurious to health.
  • Drug abuse control is the responsibility of the central government.

 

Pulikkali:

  • Pulikali (Tiger Dance) is one among the folk art forms of Kerala. The term Pulikkali literally means ‘play of the tigers’. Pulikali is also known as
  • he art is performed on the fourth day of Onam. Performers are painted like tigers with stripes of yellow, red and black and dance to the rhythm of traditional percussion instruments such as thakil, udukku and chenda and wear leopard or tiger masks.
  • The main theme of this folk art is tiger hunting with participants playing the role of tiger and hunter.
  • Pulikkali groups are called as ‘sangams’.

 

National Highways Authority of India :

  • National Highways Authority of India (NHAI) was set up under NHAI Act, 1988. It is under the administrative control of the Ministry of Road Transport and Highways.
    -It has been entrusted with the National Highways Development Project, along with other minor projects for development, maintenance and management.

-National Highways Development Project (NHDP) is a project to upgrade, rehabilitate and widen major highways in India to a higher standard. The                 project was started in 1998.

  • NHAI maintains the National Highways network to global standards and cost effective manner and promotes economic well being and quality of life of the people.

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