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Posted 13 Jul 2024

10 min read

U.S.-South Korea sign joint nuclear deterrence guidelines

Nuclear deterrence guidelines will deter and respond to North Korea aggression.

  • The US and South Korea created a joint Nuclear Consultative Group in 2023.

About the Guidelines:

  • The agreement calls for integrating U.S. nuclear assets and South Korean conventional weapons to better respond to North Korean nuclear threats.
    • North Korea’s developing nuclear arsenal is a major security threat to South Korea, which has no nuclear weapons and largely relies on the U.S.
  • Commit to conduct joint military exercises to help implement the deterrence guidelines.
  • Tags :
  • Nuclear Deterrence
  • Nuclear Consultative Group
  • US-South korea

Mutual Recognition Agreement

Mutual Recognition Agreement between India and Taiwan for Organic Products has been implemented.

  • It will ease the export of organic products by avoiding dual certifications; thus, reducing compliance cost.
  • It will enhance trade opportunities in the organic sector such as export of major Indian organic products such as Rice, Processed Food, Green/Black and Herbal Tea, Medicinal plant products etc to Taiwan.
  • Implementing agency: Ministry of Commerce and Industry, India and Agriculture and Food Agency, Ministry of Agriculture (AFA), Taiwan.
  • Tags :
  • Organic Products
  • Mutual Recognition Agreement

Reserve Bank of India- Integrated Ombudsman Scheme (RBI-IOS), 2021

Madras HC upheld Constitutional validity of RBI-IOS 2021, prohibiting complainants from engaging advocates to represent their cases in proceedings before ombudsman.

  • Lawyers only have statutory right and not a fundamental right to appear before judicial and quasi- judicial meetings.

About RBI-IOS, 2021

  • Launched in 2021 by integrating three previous ombudsman schemes of RBI i.e. Banking ombudsman schemes (2006), Ombudsman schemes for NBFC (2018), and Ombudsman schemes for Digital Transactions (2019).
  • Also includes additional Regulated Entities like banks (all commercial banks), NBFCs registered with RBI, Credit Information Companies etc.
  • Provides for cost-free redress of customer complaints involving deficiency in services rendered by entities regulated by RBI.  
  • Tags :
  • Reserve Bank of India
  • RBI- Integrated Ombudsman Scheme

International Renewable Energy Certificates (I-REC)

I-REC represents transferrable proof that one MWh of electricity was produced from renewable energy sources and added to an electrical grid.

  • I-REC enables MNCs to meet their renewable energy consumption quotas across nations with reduced barriers.
  • I-REC is an everlasting certificate until redeemed by an end consumer or withdrawn.
  • India has emerged as one of a leading seller of I-RECs.
  • The International Tracking Standard Foundation is the founder of I-REC.
  • Tags :
  • Renewable Energy
  • I-REC

Margin Trading Facility

Margin Trading Facility (MTF) demand is increasing to invest in the stock market.

  • The buyer pays only a part of the total value while the broker pays the remaining amount, charging an interest on this loan.

Advantages:

  • Increased profit potential due to access to more capital.
  • Includes a broader range of stocks.

Challenges: 

higher losses risk, interest cost, etc.

  • Tags :
  • Margin Trading Facility

Exercise in news

Indian Air Force Contingent reached Australia to participate in Exercise Pitch Black.

Exercise Pitch Black

  • Held every two years, it is a multinational exercise.
  • Focuses on large force employment missions involving large numbers of international aircraft.

Exercise Sagar Kavach - 01/24 

  • It is a coastal security exercise held along Andhra Pradesh coast.
  • It is aimed to validate the effectiveness of coastal security mechanisms in dealing with asymmetric threats from the sea.
  • Assets of Indian Navy, Coast Guard, Marine Police, fisheries, customs and other security agencies were engaged in it.
  • Tags :
  • Exercise Pitch Black
  • Exercise Sagar Kavach

Squalus hima

Scientists from Zoological Survey of India discovered a new species of ‘Squalus hima’ from Sakthikulangara fishing harbor in Kerala along Arabian Sea.

About Squalus hima

  • Squalus is a genus of dogfish sharks in family Squalidae. 
    • Unlike most sharks, dogfish are venomous.
  • Commonly known as spurdogs, and are characterized by smooth dorsal fin spines.
  • They have angular short snout, a small mouth almost as wide as snout, first dorsal fin origin behind pectoral fins, and body without any spots.
  • They are exploited for their liver oil which is in high demand for pharmaceutical industries particularly for making high end cosmetic products and anti-cancerous products.
  • Tags :
  • Squalus hima
  • Dogfish Shark

Sathyamangalam Tiger Reserve (STR)

Study highlights lack of awareness on vulture conservation across species’ key habitats in STR.

About STR

  • Declared as tiger reserve in 2013.
  • Located in Erode district, Tamil Nadu. It is contiguous with Mudumalai Tiger Reserve (TN); Biligiri Rangaswamy Temple Tiger Reserve and Bandipur Tiger reserves (Karnataka).
  • Links Eastern and Western Ghats.
  • Notable Fauna: Elephant, Tiger, Panther, Sloth bear, Gaur, Black Buck, Spotted deer, Nilgiri langur, etc. 
  • Forest types: Tropical dry thorn, tropical dry mixed deciduous; Tropical semi evergreen; Sub tropical hill forest.
  • Concerns: Smuggling of Sandalwood; Poaching etc.
  • Tags :
  • Sathyamangalam Tiger Reserve
  • Eastern and Western Ghats

Intergovernmental Platform on Biodiversity and Ecosystem Services (IPBES)

IPBES won Blue Planet Prize for 2024.

  • Awarded annually by Japan based Asahi Glass Foundation to individuals and organizations to recognize achievements in scientific research and its application, providing solutions to global environmental problems. 
  • Prize includes an award of US$500,000.

About IPBES

  • Established in Panama City in 2012, it is an independent intergovernmental body to strengthen science-policy interface for biodiversity and ecosystem services.
  • It is not a UN body. However, United Nations Environment Programme provides secretariat services to IPBES.
  • Secretariat: Bonn, Germany
  • Currently, it has more than 145 member States (including India). All States Members of UN are eligible for IPBES membership.
  • Tags :
  • IPBES
  • Blue Planet Prize

Molecular Chaperones

Researchers at S.N. Bose National Centre for Basic Sciences  have found a new method of a single molecule technique  to study protein folding & associated chaperons.

  • This could help track progression of diseases like cancer, Parkinsons and Alzheimer’s.

Protein Folding and Molecular Chaperones

  • Most proteins fold into defined 3-D structures to gain functional activity. 
  • In the cellular environment, newly synthesized proteins are at risk of aberrant folding potentially forming toxic species. 
  • To avoid this, cells invest in a complex network of molecular chaperones. 
    • Endogenous proteins that serve as an essential control mechanism to prevent aggregation promoting efficient folding of proteins.
  • Tags :
  • Protein Folding
  • Molecular Chaperones
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