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Posted 12 Apr 2024

8 min read

Financial Services Institutions Bureau (FSIB)

  • FSIB has recommended Sanjay Shukla for post of managing director of National Housing Bank.

 

  • About FSIB
    • Constituted in 2022 under Department of Financial Services (Ministry of Finance), by Central Government replacing Bank Board Bureau.
    • Secretariat of Bureau currently comprises of Secretary and five officers.
    • Purpose
      • Recommending persons for appointment as whole-time directors and non-executive chairpersons on Boards of financial services institutions like Public Sector Banks, Public Sector Financial Institutions, and Public Sector Insurance Companies.
      • Advising on certain other matters relating to personnel management in these institutions.
  • Tags :
  • Financial Services Institutions Bureau
  • FSIB Purpose

Senkaku Islands

  • Joint statement issued by Japan and USA recently opposed any attempt to unilaterally change the status quo of the Senkaku Islands by China.
    • Japan and China have long-running dispute over these islands.

 

  • About Senkaku Island:
    • Also known as Diaoyu in Chinese.
    • Senkaku Islands are located in the East China Sea approximately 410 km west of Okinawa Island.
    • Largest island: Uotsuri Island.

 

  • Tags :
  • Disputed Islands
  • Japan
  • China
  • East China Sea

Baobab Tree

  • Global Society for Preservation of Baobabs and Mangroves has initiated a mission to rejuvenate baobab trees.

 

  • About Baobab Tree (Genus: Adansonia)
    • Long-lived deciduous, small to large trees from 20 to 100 ft tall with broad trunks and compact tops.
    • Grows in Africa, Madagascar and Australia.
    • Also found in Mandu, in Dhar district of Madhya Pradesh.
    • Also known as upside-down tree, because in dry season they are devoid of leaves, and their bare grey and gnarled branches resemble roots.
    • Fiber from bark is used to make rope, cloth, musical instrument strings etc.
  • Tags :
  • Baobab Tree
  • Upside- down tree

Eurasian Otter

  • For the first time in India, Eurasian otter was radio-tagged in Satpura tiger Reserve (Madhya Pradesh).
    • Other two otter species found in India – Smooth-coated otter and Asian small-clawed otter.  

 

  • About Eurasian Otter (Lutra lutra)
    • Conservation Status:
      • IUCN: Near threatened
      • Wildlife Protection Act: Schedule I
      • CITES: Appendix I
    • Distribution:
      • Found in Europe, Asia, and Africa.
      • In India, found in northern, northeast, and southern regions.
    • Characteristics: Brown Fur, adapted for aquatic lifestyle with webbed feet and ability to close small ears and nose under water.

  

  • Tags :
  • Schedule I WPA
  • Appendix I CITES
  • Near Threatened
  • Otter

Cluster Development Programme (CDP) - SURAKSHA

  • Several states are using SURAKSHA platform for disbursing subsidies to horticulture farmers under the CDP.
    • CDP is a component of the central sector scheme of National Horticulture Board (NHB).

 

  • About CDP-SURAKSHA
    • SURAKSHA stands for ‘System for Unified Resource Allocation, Knowledge, and Secure Horticulture Assistance’.
    • It allows an instant disbursal of subsidies to farmers in their bank account by utilising the e-RUPI voucher from the NPCI. 
    • Its key features are database integration with PM-KISAN, UIDAI validation, geotagging, geo-fencing etc.
    • CDP-SURAKSHA allows access to farmers, vendors, Implementing Agencies, Cluster Development Agencies etc.
  • Tags :
  • Horticulture
  • Suraksha
  • Cluster Development

S&T – PRISM

  • Fresh proposals under S&T-PRISM program have been invited by Jawaharlal Nehru Aluminium Research Development and Design Centre, Nagpur.

 

  • About Promotion of Research and Innovation in Start-ups and MSMEs in mining, mineral processing, metallurgy, and recycling sector (S&T PRISM):
    • Ministry: Ministry of Mines (MoM).
    • Objective: To promote ecosystem for research, design, development, IPR creation, pilot project and manufacturing in Mining, Mineral Processing, Metallurgy and Recycling. 
    • Implementing Agency: JNARDDC, autonomous body under MoM.
    • Sub-components: Startup funding with grant upto Rs. 2 crore and Setting up of incubation centres with grant upto Rs. 10 crore. 
  • Tags :
  • Mining
  • PRISM
  • Recycling
  • Ministry of Mines

Web 3

  • India’s share of global pool of Web3 developers has increased from 3% in 2018 to 12% in 2023.

 

  • About Web 3
    • It is the third generation of World Wide Web. It enables peer-to-peer transactions and interactions without intermediaries.
    • Web3 provides a version of web where users have a financial stake and more control over web.
    • Enables people to control their own data
    • Includes cryptocurrencies, Non-Fungible Tokens etc.
    • In web3 world, there can be blockchain based social networks.
    • Operated by users collectively rather than a corporation.
  • Tags :
  • Blockchain
  • Web 3

Mercenary Spyware

  • Apple has issued warnings to users in India and other countries of potential "mercenary spyware" attacks.

 

  • About Mercenary Spywares:
    • Mercenary spywares are designed to remotely infiltrate and compromise smartphones and other devices without the knowledge or consent of the users. 
    • These targets specific individuals and can be used to monitor movements, communications and steal private data.
    • Some of mercenary spywares include Pegasus, FinSpy and Galileo.

 

  • Spyware:
    • It is malicious software or malware that is installed on a computing device without end user’s knowledge and monitors or steals sensitive information.  
  • Tags :
  • Spyware
  • Cyberattack
  • Pegasus
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