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04 June Current Affair For All Competition Exam

1. Exhibition cum sale event ‘the Pankha’ (Hand-Fans)

  • Union Tribal Affairs Minister launched an exhibition cum sale event, ‘the PANKHA’ (Hand-fans), through TRIFED and Tribes India.
  • This initiative is aimed at providing marketing support to tribal artisans so as to help to revive the same.
  • TRIFED is advised to market this craft through various Tribes India Outlets located across the country.
  • e-commerce giants like Amazon, Flipkart, Snapdeal, GeM, etc. are also invited to market hand fans along with other tribal handloom and handicraft.

Source: PIB

2. India successfully test-fires nuclear capable long range Ballistic missile Agni-5

  • India successfully test-fired its indigenously developed nuclear capable Long Range Ballistic Missile ‘Agni-5’ from the Abdul Kalam Wheeler Island off the Odisha coast.
  • Agni-V is a solid fuelled intercontinental ballistic missile (ICBM) developed by Defence Research and Development Organisation (DRDO) of India, strike range of 5,000 kilometres.
  • It can carry a nuclear warhead of more than one tonne.
  • It is the longest missile in India’s arsenal capable of reaching most parts of China.
  • With a smaller payload, the range can go up much higher.
  • The missile features many new indigenously-developed technologies like RINS, MINS which improves the accuracy of the missile.
  • Agni-5 is expected to be inducted into the Strategic Forces Command very soon.
  • The first missile of the Agni series (Agni-I) was developed under the Integrated Guided Missile Development Program and tested in 1989.

Related Information

Name (Type) Range
Agni-I (MRBM) 700 – 900 km
Agni-II (MRBM) 2,000 – 3,000 km
Agni-III (IRBM) 3,500 – 5,000 km
Agni-IV (IRBM) 3,000 – 4,000 km
Agni-V (ICBM) 5,000 – 8,000 km

Source: The Hindu

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3. India and Singapore

  • India and Singapore have agreed to upgrade their Comprehensive Economic Cooperation Agreement (CECA).
  • Recently the second review of CECA was concluded.
  • The review includes
    • expanded tariff concessions for an additional 30 products
    • improved rules to provide more flexibility for Singapore exports to qualify for preferential tariffs under the agreement.
  • It will boost bilateral trade in the field of training of public service officials, cybersecurity, narcotics control and defence cooperation.
  • Another key benefit from the upgraded CECA includes
    • a mutual recognition agreement on nursing to facilitate a better understanding in regulating training and practice of nursing.
  • Along with it, India and Singapore signed eight more agreements which are as follows
    • Implementation agreement signed between the Indian Navy and Republic of Singapore Navy concerning mutual coordination, logistics and services support
    • for naval ships, submarines and naval aircraft (including Shipborne Aviation Assets) visits.
    • Extension of MoU between CERT-IN and SINGCERT for cybersecurity.
    • NCB of India and CNB of Singapore signed a MoU on cooperation to combat illicit trafficking in narcotic drugs, psychotropic substances and their precursors.
    • MoU on cooperation in the field of Personnel Management and public administration.
    • The NITI Aayog and Singapore Cooperation Enterprise (SCE) also signed a MoU on cooperation in the field of planning.

Source: The Economic Times

4. Sickle cell anaemia (SCA)

  • Tribal children in Srikakulam, Vizianagaram, Visakhapatnam, East and West Godavari district are found to be sick with SCA.
  • The tribals are prone to it due to various factors including malnutrition and consanguineous marriages.
  • Tribal Welfare department has taken up the study under thalassemia, anaemia and sickle cell anaemia (TAS) programme.

Recent information:

Sickle cell anaemia:

  • SCA is a condition in which there aren’t enough healthy red blood cells to carry adequate oxygen throughout your body.
  • It is genetically inherited disease.
  • In sickle cell anaemia, the red blood cells become rigid and sticky and are shaped like sickles or crescent moons.
  • These irregularly shaped cells can get stuck in small blood vessels, which can slow or block blood flow and oxygen to parts of the body.
  • There’s no cure for most people with sickle cell anaemia.
  • But treatments can relieve pain and help prevent problems associated with the disease.
  • Its symptoms include:
    • Anemia i.e. shortage of RBCs.
    • Periodic episodes of pain.
    • Painful swelling of hands and feet.
    • Frequent infections.
    • Delayed growth
    • Vision problems.

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Source: The Hindu

5. Exhibition firms

  • Companies engaged in organizing exhibitions in India are seeking industry status to further contribute to the growth of the economy.
  • Top officials of the Indian Exhibition Industry Association (IEIA) would meet Union Minister with a representation to press their case.
  • While the developed world had been according to high priority to exhibition sector, India had so far neglected it.
  • An industry status will lead to a plethora of educational platforms
    • for professional management, training and development at the root level, safety,
    • and sustainability initiatives, thereby attracting more talented people to the domain.
  • The exhibition sector, which is growing at a rate of 8.8% for past five years is set to grow at a rate of 12.13% in the next five years.

Source: The Hindu

6. Air India stake sale

  • Center has decided to retain the significant minority stake in debt-laden Air India after its privatization.
  • It is seen as a primary reason behind the muted response to the proposed disinvestment in the national carrier.
  • Niti Aayog, the government’s policy think tank, had recommended that the government completely exit Air India.
  • However, the alternate mechanism, a panel of ministers set up to supervise the carrier’s sale, ruled in favour of initially retaining a 24% in the airline
  • And exiting completely at a later stage —may be after three years.
  • The asset monetisation of the carrier will go on as usual despite the bidding process not going as expected.
  • The government has put the condition that it should be run only by Indian investors.
  • The balance sheet of Air India also contains unusual assets that include
    • collected artwork, sculptures, and paintings, apart from land plots in major cities in India, such as New Delhi, Mumbai and Chennai, and in London and Tokyo
    • several prime slots for takeoff and landing at major international airports in several countries.
  • The loss-making airline has been in talks with potential investors, including lenders such as the State Bank of India, to divest its non-core assets to pare its crushing debt load.

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