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12th June 2018 Part-5:Daily News Analysis
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Shanghai Cooperation Organisation

Jatin Verma is teaching live on Unacademy Plus

Jatin Verma
Have appeared in UPSC CSE thrice. Have been taking Unacademy Plus courses Academics- Polity, Economics & Current Affairs.

Unacademy user
remarkable I request you to do all the topics on modern history
SAARC SOUTH asian association for regional coorporation, it is a regional intergovernmental organisation, and a geopolitical union in South Asia. member states..... (8) ... Afghanistan, Pakistan ,india , Nepal, Bhutan, Bangladesh, Sri Lanka, and Maldives . secretariat is at khathmandu . it comprises 21% of world's population. it launched SAFTA in 2006 it's 14th conference held in COLOMBO Sri Lanka in oct2017
Sir.. Since.. DNA is too broad.....so note making so much tym.... If we skip... This... Means notes making then....?????? 😐😐
Vivek kumar
10 months ago
really ...but in my views we can do it as selective ways
Vivek kumar
10 months ago
really ...but in my views we can do it as selective ways
Vivek kumar
10 months ago
really ...but in my views we can do it as selective ways
Ritayan
10 months ago
this is required to have a broader knowledge on these topics. this year's prelims was all about better understanding of these current affairs and not superficial understanding
Anamika Singh
10 months ago
Thnku sir
Vivek kumar
10 months ago
it's ok
Vivek kumar
10 months ago
follow me on unacademy ...I am also educator
SAARC South Asian Association for Regional Cooperation - founded in Dhaka 8 Dec'1985. Its secretariat - Kathmandu, Nepal. promotes development of economic and regional integration.  It launched the South Asian Free Trade Area in 2006 The member states : 8  Afghanistan, Pakistan, Bangladesh, Nepal, Bhutan, Maldives, India, Sri Lanka.  States with observer status: 9 Australia, China, Japan, Iran, Mauritius, Myanmar, South Korea, US & European Union.
padma shri "vanjeevi" Ramaiah against plastic, a pest according to UK, rose-ringed parakeet named state bird if Andhra Pradesh VS what Salim alim, d indian Birdman says shud be jerdon courser , Critical endangered, in nallamaleshwara sanctuary under E-wate rules 2011 Extended Producer responsibility for collectie effort like swiss & monetize waste like canada .PPP pension n insurance sudnt get invested to low rated infra fund , so IIFCL , AIIB, SBI, BoI, owned fund enhancement of Rs 500 . Fund to be named later in July, but upgrade the fund to AA , safe for parking pension insurance money . ADR, GDR receipts for Indian companies get money as ECB from abroad and IDR for foreign to tap in here. SEBI looking new way for unlisted to get equity 4m abroad.
What is trade parity pricing, export parity pricing? Does shift from trade parity pricing to export parity pricing of crude oil would help to reduce rising petroleum price?
  1. want teo he starting Page 11 News: India to host first BIMSTEC war games at thh India will host the first military exercise of the BIMSTEC (Bay of Bengal Initiative for Multi- Sectoral Technical and Economic Cooperation) group focussing on counter-terrorism. As part of this, a conclave of the Army chiefs of all seven member-states is being planned. The exercise is scheduled to be held in Pune in the second week of September. The aim is to promote strategic alignment among the member-states and to share best practices in he the area of counter-terrorism The initial planning conference to work out the modalities is scheduled to be held next week and the final planning conference is scheduled in August BIMSTEC was set up in 1997 and includes India, Bangladesh, Bhutan Myanmar, Nepal, Sri Lanka and Thailand. The theme includes counter-terrorism in semi-urban terrain and cordon and search, and each side will bring in some 30 soldiers ent Counter-terror ops . The conclave of Army chiefs is scheduled on the last two days of the exercise, The chiefs will debate the challenge of terrorism and transnational crime, which is a major concern among all the states and on how they can promote collective cooperation BIMSTEC countries held a disaster management exercise in 2017, but this is the first military exercise of the grouping tis


  2. want teo he starting Page 12 World: Talks with N. Korea have moved at a quick pace: U.S. U.S. President that his historic summit with North Korean leader could "work out very nicely" as officials from both countries sought to narrow differences on how to end a nuclear stand-off on the Korean peninsula North Korean leader, one of the world's most reclusive leaders, made an evening tour of sites on P Singapore's waterfront. he Note of caution While U.S. was optimistic about prospects for the summit between the old foes, U.S. Secretary of State injected a note of caution ahead of the first-ever meeting of sitting U.S. and North Korean leaders, saying it remained to be seen whether North Korea was sincere about his willingness to denuclearise Officials from the two sides held last-minute talks aimed at laying the groundwork for a meeting. Offering a preview to reporters, U.S. said it could provide "an unprecedented opportunity to change pur the trajectory of our relationship and bring peace and prosperity" to North Korea. e ar use rent ock e .However, he played down the possibility of a quick breakthrough and said the summit should set the framework for "the hard work that will follow", insisting that North Korea had to move toward complete, verifiable and irreversible denuclearisation. Sanctions on North Korea would remain in place until that had happened. If diplomacy does not move in the right direction those measures will increase. frs


  3. want teo he starting The White House later said discussions with North Korea had moved "more quickly than expected" and U.S. officials would leave Singapore, after the summit. North Korea's first stop was a waterfront park with futuristic installations, Gardens by the Bay, which boasts the largest glass greenhouse and tallest indoor waterfall in the world. He joined Singapore's Foreign Minister. He waved, he smiled he.On the way back to his hotel, walked along a promenade near the Merlion, a giant statue, and re fountain, of a mythical creature, half lion, half fish Singapore's unofficial mascot. The rare public appearance of North Korean, waving and smiling to onlookers, adds to the more affable image of the young leader that has emerged since his summit with South Korean leader. e ar k h ent . Gaps remain over what denuclearisation would entail, U.S. sounded a positive note in a lunch meeting with Singapore's Prime Minister. tis that


  4. Island only accessible via cable car, monorail, HISTORY pedestrian causeway and vehicle t MALAYSIA a) Denuclearisation b) End to the South Korea estimates that th North and South North has 50 plutonium, enough lly at war Korean war Sentosa station SINGAPORE kg of Korea remain Universal Studios U.S. President Donald Trump and North Korean leader Kim Jong-un will sit down theme park Sentosa for 10 bombs after the 1950-53 armistice Kim and South Korean President on Tuesday for an unprecedented summit that has raised hopes of progress on the u.s. demand June 10-14 troubled Korean peninsula issue Complete, verifiable At their summit in April, and irreversible denuclearisation. In Trump's words,treaty and Trump mused earlier this "they have to de-month: "Can you believe we're talking Sentosa Moon Jae-in nuke. if they don'tabout the ending of the Korean War? Marina Capella Hotel denuclearise, that Seoul announced last week that it will not be acceptwas in three-way talks with Pyong- Sentosa golf club able. yang and Washington for an "early declaration that the war is over / Capella Hotel: 112-room re- What North Korea says It is committed to "denuclearisa- tion of the KoreanTrump has hinted at inviting Kim to That could precede a full treaty c) Normalisation of ties the White House The cost: The summit is expected to cost about $15 million, an amount Singapore says it s willing to spend by British architect Norman Foster features grandu colonial-style buildings It has, however,aybewe'll start with the not offered any White House, what do you think?" he said when asked if Kim would be invited With regard to sanctions, U.S. says they will end only when denuclearisa- tion is complete. The North wants a phased relief TEAM TRUMP: Secretary of State Mike Pompeo I Chief of Staff John Kelly and his deputy Joe Hagin I National Security Adviser John Bolton I National Security Council's Asia director Matthew Pottinger


  5. want teo he starting aHanted to shoe d) Human rights TESTS A ND TA L K S North Korea has been accused of a host of state-sanctioned rights abuses . It is estimated to have up to 1,20,000 poltical prisoners in withdraws nuclear weapons2018: Destroys its nuclear test its sprawling gulag fm South Korea system Japan has urged Trump to bring up Five U.S. Presidents have tried to persuade North Korea to give up on its nuclear programme 2013: Third nuclear test 1990: North Korea conducts its first medium-range missile test 2016: Fourth and fifth nuclear tests 2017: Sixth nuclear test 1991: President H.W. Bush facility at Punggye-Ri 1994: Pyongyang signs Agreed Framework with the U.S. to freeze nuclear programme 1999: The North agrees to freeze the testing of long-range missiles 2002: It is discovered that the North is pursuing uranium enrichment and plutonium reprocessing in contravention of the Agreed Framework 2003: The North withdraws from the he issue of its citizens abducted in 1970s and 1980s e ar e) Security of k h Kim's main con- cern is the survival of his regime The Trump administration has promised not to seek regime change and United States Secretary of State Mike Pompeo has even floated the r Non-Prolifera- tion Treaty (NPT) 2006: It carries out its first underground nuclear test possibility of issuing security guarantees to the North 2009. Second nuclear test TEAM KIM: The leader's right-hand man Kim Yong-chol I His sister Kim Yo-jong I Foreign Minister Ri Yong-ho I Defence Minister No Kwang-chol SOURCE: GRAPHIC NEWS, AFP that en thec


  6. want teo he starting Page 12 World: Indian-origin Ministers plav kev role . Two Indian-origin Ministers in, played a key role in facilitating a hassle-free summit . Singapore's Foreign Minister, made important visits to Washington, Pyongyang and Beijing in at thh recent days to ensure that there would be no last-minute spoilers Singapore's Minister for Law and Home Affairs and he has the responsibility to make sure that the resummit goes without a hitch from the security point of view. he. The summit comes after 70 years of suspicion, war and diplomatic failures. This is not the way conventional diplomacy would have been conducted, but perhaps you need two very unconventional leaders to have brought us to this stage,. They may be able to pull rabbits out of a hat that the rest of us conventional diplomats would not have been able to do. e ar ent tis that


  7. want teo he starting Page 12 World: U.S. President's broadsides against G7 allies continue at thh U.S. President fired off a volley of tweets venting anger on NATO allies, the European Union and Canadian Prime Minister in the wake of a divisive G7 meeting. Fair trade is now to be called fool trade if it is not reciprocal," said U.S. President. "Sorry, we cannot let our friends, or enemies, take advantage of us on trade anymore. We must put the American worker first!" U.S.'s extraordinary outburst against NATO allies, the European Union and Canada appeared aimed at striking a chord with voters who support his "America First" agenda. U.S. also lambasted fellow members of the North Atlantic Treaty Organisation (NATO) for paying disproportionately less than the U.S. to maintain the Western alliance. The U.S. pays close to the entire cost of NATO protecting many of these same countries that rip us off on trade (they pay only a fraction of the cost and laugh. U.S. also renewed attacks on Canadian Prime Minister, who had hosted the G7 meeting in Quebec. ur re he. * e ar k h . tis that


  8. want teo he starting Page 12 World: SCO can be a vehicle to better India-Pak. ties' . China and Russia proposed that the eight-nation Shanghai Cooperation Organisation (SCO) can at thh become a peace platform to resolve India-Pakistan differences. In an interview with state broadcaster CGTN, Chinese Foreign Minister said that the SCO, which has been expanded with the inclusion of India and Pakistan, could provide a "better platform" to p resolve the bitter feud between New Delhi and Islamabad of over seven decades. he.There are unresolved historical conflicts existing between Pakistan and India. But after their joining re the SCO, better platform and opportunities for the building of relations between them can be provided The SCO serves a great vehicle for bettering the two nations' relations. As a result it will better safeguard the peace and stability of the region although their relations have seen their ups and downS Russian President hoped that the SCO forum can provide India and Pakistan an opportunity to resolve their differences in a "multilateral format" All countries of the region will use this platform for in-depth work in a multilateral format and resolve their differences e ar k h ent tis


  9. want teo he starting Page 12 World: U.S. imposes more sanctions on Russi:a . The U.S. Treasury imposed sanctions on three Russian individuals and five firms on Monday, at thh saying they had worked with Moscow's main intelligence service on ways to conduct cyberattacks against the U.S. and its allies. The designation allows the U.S. to block all property and interests belonging to the individuals. re he e ar k h ent tis that en thec


  10. want teo he starting Page 13 Business: Petrol, diesel sales hit record high in Ma at thh India's domestic sales for diesel and petrol rose to record highs in May, pushing the country's overall fuel consumption for the month higher year-on-year, data from the Petroleum Planning and Analysis Cell (PPAC) of the Oil Ministry showed. Fuel consumption, a proxy for oil demand, totalled 18.72 million tonnes last month, during which e diesel sales soared to 7.55 mi lion tonnes and petrol petrol consumption climbed to 2.46 million he tonnesthe highest monthly sales figures in PPAC data going back to April 1998. India, the world's third-largest oil consumer, used 35.2 million tonnes of diesel during January to May this year, up 6% from the corresponding period last year. The country's monthly diesel sales have averaged 7.05 million tonnes in 2018, compared with a monthly average consumption of 6.6 mlion tonnes last vear. Sales of petrol rose 7.6% in May from April and are up 2% from the same month last year. Monthly demand for petrol has averaged 2.27 million tonnes this year, up 7% from the 2017 average of 2.12 million tonnes Diesel consumption growth during the calendar year of 2018 may be more than double from last year, analysts and traders told Reuters, aided by an expected regular monsoon that should boost demand for diesel used in harvesting, while the government targets massive infrastructure spending. e ar k h ent stay tis


  11. want teo he starting Page 13 Business: Reserve Bank aims to tighten working capital loan norms The Reserve Bank of India (RBI) has proposed a minimum 40% loan component for working at thh 50 crore and above to bring in greater credit discipline and improve monetary capital funding of transmission. According to draft guidelines, the RBI has proposed that the loan component of 40% will come into effect from October 1 and will be increased to 60% from April 1, 2019. re he. The loan's tenure will be minimum seven days "Effective from April 1, 2019, the undrawn portion of cash credit/overdraft limits sanctioned to the large borrowers, irrespective of whether unconditionally cancellable or not, shall attract a credit conversion factor of 20%," the RBI said. This means banks have to set aside capital for undrawn portion of cash credit limits e ar k h ent Repavment schedule Currently, working capital is mostly in the form of cash credit for which interest rate is reset once a u year. Also, cash credit does not have a tight repayment schedule. The proposed new norm will address the following issues: .First, if there is a loan component then there will be a repayment schedule which will put pressure on borrowers to manage their liquidity Secondly, since the loan component will have a fixed tenure, the reset clause can be invoked at the end of each tenure period. tis


  12. want teo he starting Page 13 Business: Govt set to unveil 500 cr. credit enhancement fund, . The government is set to unveil a 500-crore credit enhancement fund next month to facilitate at thh infrastructure investments by insurance and pension funds, a senior Finance Ministry official said. The fund was first announced in the Budget for fiscal year 2016-17. India is launching a dedicated fund, may be next month, to provide credit enhancement for infrastructure projects which will help in upgrading credit ratings of bonds issued by infrastructure hecompanies and facilitate investment from investors like pension and insurance funds. The initial corpus of the fund, to be sponsored by IIFCL (India Infrastructure Finance Company), will be 500 crore, and it will operate as a non-banking finance company. . e ar k h ent Bond rating There is a "mismatch" at present, where bonds floated by infrastructure finance firms are typically rated BBB, whereas regulatory agencies mandate a rating of at least 'AA' for investments by the long-term pension and insurance funds. IIFCL will hold a 22.5% stake in the NBFC, while the Asian Infrastructure Investment Bank (AIIB) has offered to pick up a 10%. SBI, Bank of Baroda and LIC will also have stakes in the firm tis