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Current Affairs - 20 December 2014

India ranks 93rd in Forbes' list
  • India has not fared well in Forbes' list of the best countries for business this year, ranking 93rd out of 146 nations, behind countries like Mexico, Kazakhstan and Sri Lanka as it cited challenges like poverty and corruption that the country needs to address.
    Denmark topped Forbes' 9th annual ranking of the Best Countries for Business, followed by Hong Kong, New Zealand, Ireland and Sweden. The US lags behind many other developed nations when it comes to its business climate, and the gap is growing, Forbes said. The US ranks 18th in the Forbes list, down four spots from last year. It marks the fifth straight year of declines since 2009, when the US ranked second.
    India ranks 93rd, with Forbes saying that while the country is developing into an open-market economy, "traces of its past autarkic policies" still remain. "The outlook for India's long-term growth is moderately positive due to a young population and corresponding low dependency ratio, healthy savings and investment rates, and increasing integration into the global economy," it said.
    Forbes cited many challenges that India has yet to fully address, including poverty, corruption, violence and discrimination against women and girls, an inefficient power generation and distribution system, ineffective enforcement of intellectual property rights and decades-long civil litigation dockets.

India’s extra-terrestrial ambitions
  • The Indian Space Research Organisation’s most powerful launch vehicle, the GSLV Mk-III, passed a crucial test at Sriharikota on Thursday after the experimental flight of the launcher, intended to put heavy satellites in space, went off without a glitch.
    What the success of the LVM3-X/CARE mission and India’s new GSLV Mk-III space launcher mean:
    VITAL STATS
    * 1,600 degrees Celsius is the temperature that the crew module withstood at re-entry into atmosphere
    * Rs 155 crore was budget of experimental mission; Rs 15 crore was cost of crew module
    * Over 3 tonne payload carried by the module, separated at 126 km altitude, plunged into sea
    LAUNCH OF A MISSION
    India’s extra-terrestrial ambitions have been shackled by the lack of a heavy launcher for deep space missions. The success of ISRO’s LVM3-X/CARE mission demonstrated the ability to put heavy satellites into orbit, and marked the first step towards sending humans into space. The GSLV Mk-III, India’s heaviest launch vehicle yet, lifted off from the Second Launch Pad of Satish Dhawan Space Centre in Sriharikota at 9.30 am Thursday.
    RE-ENTRY TEST CLEAR
    The launch marked the successful testing of the atmospheric re-entry of a crew module, which separated from the rocket 325 seconds after lift-off at an altitude of 126 km, and descended in ballistic mode, re-entering the Earth’s atmosphere (about 80 km above sea level) and splashing down into the Bay of Bengal 180 km from Indira Point, the southern tip of the Andaman and Nicobar Islands. The main parachute used by the module was 31 m in diameter, the largest ever made in India, and allowed splashdown at a velocity of around 7 m per second.

Global carbon dioxide emissions at all-time high: Study
  • Global CO2 emissions from fossil fuel use and cement production reached an all-time high in 2013, mainly due to continuing steady increase in energy use in emerging economies, including India, a new report says.
    However, emissions increased at a notably slower rate (2 per cent) than on average in the last ten years (3.8 per cent per year since 2003).
    This slowdown, which began in 2012, signals a further decoupling of global emissions and economic growth, which reflects mainly the lower emissions growth rate of China.
    China, the US and the EU remain the top-3 emitters of CO2, accounting for respectively 29 per cent, 15 per cent and 11 per cent of the world’s total.
    After years of a steady decline, the CO2 emissions of the US grew by 2.5 per cent in 2013, whereas in the EU emissions continued to decrease, by 1.4 per cent in 2013.
    These are the main findings in the annual report ‘Trends in global CO2 emissions’, released by Netherlands Environmental Assessment Agency (PBL) and the European Commission’s Joint Research Centre (JRC).
    In 2013, global CO2 emissions grew to the new record of 35.3 billion tonnes. Sharp risers include Brazil (+ 6.2 per cent), India (+ 4.4 per cent), China (+ 4.2 per cent) and Indonesia (+ 2.3 per cent).
    The much lower emissions increase in China of 4.2 per cent in 2013 and 3.4 per cent in 2012 was primarily due to a decline in electricity and fuel demand from the basic materials industry, and aided by an increase in renewable energy and by energy efficiency improvements.

Internet addiction affects 6% of world population
  • A study has revealed that 6 per cent of people are suffering from internet addiction worldwide, hampering their health and interpersonal relationships.
    Researchers from University of Hong Kong presented 164 internet addiction prevalence figures, with an overall global prevalence estimate of 6 per cent.
    Data was taken from more than 89,000 individuals in 31 countries.
    Prevalence ranged from a low of 2.6 per cent in Northern and Western Europe to a high of 10.9 per cent in the Middle East.
    The authors described factors associated with higher Internet addiction prevalence and how it relates to individuals’ quality of life.
    “These findings provide initial support for the inverse relationship between quality of life and internet addiction. It, however, finds no support for the hypothesis that high Internet accessibility (such as the high penetration rates in northern and western Europe), promote such addiction,” said Brenda K. Wiederhold, from Interactive Media Institute, San Diego, California and Virtual Reality Medical Institute, Brussels, Belgium.
    Internet addiction is an impulse-control problem marked by an inability to inhibit internet use which can adversely affect a person’s life.
    The article titled “Internet Addiction Prevalence and Quality of (Real) Life: A Meta-Analysis of 31 Nations Across Seven World Regions”, by researchers Cecelia Cheng and Angel Yee-lam Li appeared in the journal Cyberpsychology, Behavior and Social Networking.

Narendra Modi second in list of 30 top-performing world leaders
  • BEIJING: Prime Minister Narendra Modi was placed No 2, behind Chinese President Xi Jinping, in a list of 30 top-performing world leaders by a Japanese market research firm. 
    German chancellor Angela Merkel was on the third place in the list that also measured the confidence of citizens in their leaders. 
    The survey of more than 26,000 respondents, conducted this fall by Tokyo-based GMO Research rated Xi, Modi, and Merkel the top-performing world leaders, with scores of 7.5, 7.3, and 7.2 respectively on a scale of one to 10. 
    The survey results were published by Harvard Kennedy School's Ash Centre for Democratic Governance and Innovation, and were analyzed by Anthony Saich, a China expert at the school. 
    The top three were followed by French President Francois Hollande (6.3), Japanese Prime Minister Shinzo Abe (6.1), and Putin (6.0) at the bottom. 
    Obama (6.6) received middling marks, just ahead of British Prime Minister David Cameron (6.5). 
    In regards to the confidence citizens have in how their leaders handle domestic and international affairs, Xi topped the list in both categories at 94.8 per cent and 93.8 per cent respectively, with Modi slightly trailing behind with 93.2 per cent and 93.3 per cent respectively. 
    Russian President Putin came in third with 86.2% and 86%. 
    Elaborating on the high ratings Xi got, Saich said "in countries where a single party dominates, or where public debate about political leaders is constrained, citizens typically rated their own officials much higher than did respondents in nations with a multi-party system and a more open and robust press." 
    On Modi's performance in the list, Saich said: "Two things did surprise me — how well Modi came out. I just put that down to the fact that he'd only just been elected and so I suspect that a lot of people didn't really know very much about him, and his own nationals were probably still in the phase of him having won the election." 
    Other than these leaders, the survey also featured Brazilian President Dilma Rousseff and South African President Jacob Zuma. 
    The survey questioned people from 30 countries, including 12 from Asia, four each from Africa and the Americas, eight from Europe and two from Oceania — Australia and New Zealand.

Mid-Year Economic Analysis (MYEA) 2014-15
  • Mid-Year Economic Analysis (MYEA) 2014-15 provides a technical perspective on several aspects of the Indian macro-economy. Following are the major highlights of the Mid Year Analysis:
     Macro-economy and investor sentiment
     There has been a striking turnaround in India’s macro-economy and investor sentiment since the government took over, reflected in lower inflation, a lower current account deficit, surging capital inflows and stock market valuations, and the bottoming out of the growth deceleration seen for nearly three years. India is, and is perceived as, one of the sparks of the global economy. Underlying this change is the election of a new Government with a relatively unencumbered political mandate for decisive economic change.
     Validating this mandate, the Government since coming into office has taken a number of policy actions, including (but not restricted to) deregulating diesel, raising the price of natural gas, moving toward direct transfers for cooking gas, moderating inflationary pressures in agriculture, increasing foreign direct investment caps in defence with planned increases in railways, expediting financial inclusion, and moving toward deregulating coal. These actions combined with favourable external developments in the form of declining oil and commodity prices have helped improve the macroeconomic situation, and business and investor sentiment.

Molecular view of how human color vision evolved
  • Many genetic mutations in visual pigments, spread over millions of years, were required for humans to evolve from a primitive mammal with a dim, shadowy view of the world into a greater ape able to see all the colors in a rainbow.
    Now, after more than two decades of painstaking research, scientists have finished a detailed and complete picture of the evolution of human color vision. PLOS Genetics is publishing the final pieces of this picture: The process for how humans switched from ultraviolet (UV) vision to violet vision, or the ability to see blue light.
    "We have now traced all of the evolutionary pathways, going back 90 million years, that led to human color vision," says lead author Shozo Yokoyama, a biologist at Emory University. "We've clarified these molecular pathways at the chemical level, the genetic level and the functional level."
    Co-authors of the PLOS Genetics paper include Emory biologists Jinyi Xing, Yang Liu and Davide Faggionato; Syracuse University biologist William Starmer; and Ahmet Altun, a chemist and former post-doc at Emory who is now at Fatih University in Istanbul, Turkey.

Key Indicators of Debt and Investment in India for 2013
  • The National Sample Survey Office (NSSO), Ministry of Statistics and Programme Implementation has released the key indicators of debt and investment in India, generated from the data collected during January 2013 to December 2013 in its 70th round survey. NSS All India Debt and Investment Survey (AIDIS) are conducted decennially starting from 26th round (1971-1972) and the last survey was conducted in NSS 59th round (January to December, 2003).
    The All India Debt and Investment Survey (AIDIS) aims at generating average value of assets, average value of outstanding debt per household and incidence of indebtedness, separately for the rural and urban sectors of the country, for States and Union Territories, and for different socio-economic groups.  These indicators are amongst the most important measures of the indebtedness of the respective domains of the population and are crucial inputs for estimation of credit structure.  The detailed results of this survey on debt and investment are planned to be brought out by the NSSO through a set of four main reports.  In order to make available the salient results of the survey, well in advance of the release of its reports, for use in planning, policy formulation, for decision support and as input for further statistical exercises, the NSSO has released the key indicators.

'Hairclip' protein mechanism explained
  • Research led by the Teichmann group on the Wellcome Genome Campus has identified a fundamental mechanism for controlling protein function. Published in the journal Science, the discovery has wide-ranging implications for biotechnology and medicine. The shape of a protein determines its function, for example whether it is able to interact with another protein or with a drug. But a protein's shape is not constant - it may change in response to different conditions, or simply as a matter of course.
    Understanding how this process works is key to figuring out how to manipulate proteins, for example in order to disrupt a disease. Today's finding provides important clues that will help focus future research.
    The team looked at a family of bacterial RNA-binding proteins that control a basic process in metabolism: one type of bacteria lives in very high temperatures, and the other likes things colder. The goal was to determine how a protein morphs from an active configuration (one that lets it bind to RNA) to an inactive one in two very different environments.
    "The process is controlled by mutations, but these mutations aren't in an obvious place, where the binding happens," explains Sarah Teichmann, research group leader at the European Bioinformatics Institute (EMBL-EBI) and the Wellcome Trust Sanger Institute. "They're actually working from a distance, indirectly, to change the shape of those sites. We wanted to know how that works at an atomic level."

Integrated Power Development Scheme
  • Power crisis in India is always a burning issue. With the demand for power growing manifold day by day, the need for round the clock availability of power has become more and more relevant.  With the launch of the Integrated Power Development Scheme (IPDS), power outages will be a thing of past.  Moving towards Prime Minister Shri Narendra Modi-led government's objective to provide 24x7 power supply, the Union Cabinet has recently approved multiple schemes to improve transmission and distribution networks across the length and breadth of the country. The Integrated Power Development Scheme (IPDS) is one of the flagship schemes of the Ministry of Power and will be at the core attempt to ensure 24x7 power for all.
    The IPDS announced in the Union Budget 2014-15 envisages strengthening of sub-transmission network, Metering, IT application, Customer Care Services, provisioning of solar panels and the completion of the ongoing works of Restructured Accelerated Power Development and completion of the Reforms Programme (RAPDRP). The scheme will help in reduction in AT&C losses, establishment of IT enabled energy accounting / auditing system, improvement in billed energy based on metered consumption and improvement in collection efficiency. The estimated cost of the present scheme with the components of strengthening of sub-transmission and distribution networks, including metering of consumers in the urban areas is Rs. 32,612 crore which includes the requirement of budgetary support from Government of India of Rs. 25,354 crore over the entire implementation period. The component of IT enablement of distribution sector and strengthening of distribution network approved by Cabinet Committee on Economic Affairs (CCEA) in June, 2013 in the form of RAPDRP for 12th and 13th Plans will get subsumed in this scheme and CCEA-approved scheme outlay of Rs.44, 011 crore including a budgetary support of Rs. 22,727 crore will be carried over to the new scheme of IPDS. 

First in India (Men)
  • The first batsman to score three test century in three successive tests on debutMohd. Azharuddin
    The first batsman to score double century in One Day International cricket matchSachin Tendulkar
    The first man to have climbed Mount Everest twiceNawang Gombu
    The first President of Indian RepublicDr. Rajendra Prasad
    The first Prime Minister of free IndiaPt. Jawaharlal Nehru
    The first Indian to win Nobel PrizeRabindranath Tagore
    The first president of Indian National CongressW.C. Banerjee
    The first Muslim President of Indian National CongressBadruddin Tayyabji
    The first Muslim President of IndiaDr. Zakir Hussain
    The first British Governor General of IndiaLord William Bentinck
    The first British Viceroy of IndiaLord Canning
    The first Governor General of free IndiaLord Mountbatten
    The first and the last Indian Governer General of free IndiaC. Rajgopalachari
    The first man who introduce printing press in IndiaJames Hicky
    The first Indian to join the I.C.S.Satendranath Tagore
    The first Indian man in spaceRakesh Sharma
    The first Prime Minister of India who resigned without completing the full termMorarji Desai
    The first Indian Commander-in-Chief of IndiaGeneral Cariappa
    The first Cheif of Army StaffGen. Maharaj Rajendra Singhji
    The first Indian member of the Viceroy's executive councilS.P. Sinha
    The first President of India who died while in officeDr. Zakir Hussain
    The first Prime Minister of India who did not face the ParliamentCharan Singh
    The first Field Marshal of IndiaS.H.F. Manekshaw
    The first Indian to get Nobel Prize in PhysicsC.V. Raman
    The first Indian to receive Bharat Ratna awardDr. Radhakrishnan
    The first Indian to cross English ChannelMihir Sen
    The first person to receive Gyanpith awardSri Shankar Kurup
    The first Speaker of the Lok SabhaGanesh Vasudev Mavalankar
    The first Vice-President of IndiaDr. Radhakrishnan
    The first Education MinisterAbul Kalam Azad
    The first Home Minister of IndiaSardar Vallabha Bhai Patel
    The first Indian Air Chief MarshalS. Mukharji
    The first Indian Naval ChiefVice Admiral R.D. Katari
    The first judge of International Court of JusticeDr. Nagendra Singh
    The first person to receive Paramveer ChakraMajor Somnath Sharma
    The first person to reach Mt. Everest without oxygenSherpa Anga Dorjee
    The first Chief Election CommissionerSukumar Sen
    The first person to receive Magsaysay AwardAchrya Vinoba Bhave
    The first person of Indian origin to receive Nobel Prize in MedicineHargovind Khurana
    The first Chinese traveller to visit IndiaFahein
    The first person to receive Stalin PrizeSaifuddin Kitchlu
    The first person to resign from the central cabinateShyama Prasad Mukharji
    The first foreigner to receive Bharat RatnaKhan Abdul Gaffar Khan
    The first person to receive Nobel Prize in EconomicsAmartya Sen
    The first Chief Justice of Supreme CourtJustice Hiralal J. Kania


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