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19th September Part-1: Daily News Analysis
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Rishab Arora
Graduate in Economics. Gold medal in Dissertation, Prepared various documents on Demonetisation and GST, Share-trading and many more

Unacademy user
  1. Q1- Consider the following statements about Jhum Cultivation is followed in northeast India 2.This technique cannot be used to produce food crops is based on natural cycle of regeneration of forest Which of the statement is not true A) 1 and 2 only B) 1 and 3 only C) 2 and 3 only D) 2 only

  2. Q2- Consider the following statements about Biochemical Oxygen Demand (BOD) the amount of dissolved oxygen used by microorganisms in the biological process of metabolizing organic matter in water. is a useful indicator to study pollution in water bodies Which of the statement(s) is/ are not true? A) 1 only B) 2 only C) Both D) None

  3. U.S., China step up trade war, slap tit-for-tat tariffs (GS-2/3) (Page-1)

  4. The trade rivalry between the U.S. and China escalated to an unprecedented level on Tuesday, with both countries announcing new tariffs on imports from each other The US, has announced i 0% tariff on $200 billion of imports from China, whose retaliatory tariffs between 5% and 10% will apply to $60 billion of imports from the U.S. The new tariffs on both sides will go into effect on September 24 Rates to go up With the new announcements, US. tariffs will apply to $250 billion of Chinese goods and Chinese tariffs will apply to $110 billion of US. goods The rate of the new tariffs will be raised to 25% by the end of 2018, the US. administration has said Around 5,000 American items are expected to face the new measures, including aircraft, soya bean oil, smoked beer, coffee and flour, according to a provisional list released last month.

  5. Trading blows The U.S. has imposed 10% tariff on goods worth $200 bn made in China, starting September 24. A brief timeline of the tussle Jan. 22: U.S. imposes tariffs of 30% and 20% on solar cell & washing machine imports May 28: U.S. accuses China of Jul. 6: Tariffs begin on $34 bn Jun.21: Chinese President theft of technology Mar. 9: U.S. President Donald Trump imposes tariffs of 25% and 10% on steel and aluminium imports from all nations, including China of Chinese imports Xi Jinping vows to hit back Aug. 23: Tariffs begin on Apr. 2: China slaps duties on $3 bn of U.S. imports Including frults,_ $16 bn of Chinese imports. Beijing responds with $16 bn levy on U.S. nuts and wine imports

  6. The Chinese Ministry of Commerce said in a statement that Washington's decision to levy fresh tariffs was "deeply regrettable." "We deeply regret the decision. China will be forced to take synchronous counter-measures to safeguard our legitimate rights. as well as the global free trade order," a spokesperson said. with President Donald Trump threatening to impose tariffs on all Chinese imports and Beijing appearing ready to retaliate, the two largest economies might be hurtling towards a prolonged trade war that could impact the world economy. China's Vice-Premier Liu He may cancel his visit to the U.S. capital next week to restart negotiations with Treasury Secretary Steven Mnuchin, the South China Morning Post reported. China is "out of bullets" to retaliate, as its exports to the U.S. is worth four times its imports from the U.S, U.S. Commerce Secretary Wilbur Ross told a TV show on Tuesday morning.

  7. India targets slight increase in 2018-19 foodgrain output (GS-3) (Page-7) Despite patchy rainfall in some parts, the Agriculture Ministry has set a foodgrain production target of 285.2 million tonnes for 2018-19, a marginal increase from the previous year's harvest of 284.8 million tonnes. Rainfall deficit during the current monsoon season is now at 10%, according to the Indian Meteorological Department. "Some areas got extra rainfall, some areas were deficient. But in spite of the patchy rains, we are expecting that the overall production will still be good for the kharif season," Minister of State for Agriculture Parshottam Rupala told participants at the Ministry's annual conference on strategies for the rabi, or winter crop season, on Tuesday The 2018-19 targets for rice, at 113 million tonnes, and wheat, at 100 million tonnes, are marginally higher than last years harvest. However, the targets for pulses, coarse cereals and maize are slightly lower. 'Balanced targets' "Targets should be balanced, not too high," Agriculture Commissioner S.K. Malhotra told The Hindu."We must produce enough to address food and nutrition security needs, but we must also address the income security of farmers. If targets are too high, and there is excess production, farmers will suffer," he said, adding that there was a need to improve access to export markets in the case of high production.

  8. Over the last two years of normal monsoons and record harvests, prices of several commodities have crashed, hurting many farmers. The government has ramped up procurement of pulses and oilseeds in an effort to ensure that more farmers receive the minimum support price (MSP) for these crops even as the market rates fall, but that has led to a shortage of storage capacity. "We are holding 44 lakh tonnes of pulses, 57 lakh tonnes including oilseeds," S.K. Verma, executive director of the National Agricultural Cooperative Marketing Federation of India (NAFED), said "In States like Rajasthan, Maharashtra, Gujarat and Madhya Pradesh, there is no space left in the godowns." Warehouse capacity is making some States consider the new Central scheme to pay oilseed farmers the cash differential between MSP and market prices. A ministry official told The Hindu that Madhya Pradesh and Gujarat have expressed interest in opting for the scheme, which was approved by the Union Cabinet as part of a wider 15,053 crore procurement policy.

  9. ISRO to tap small cities for innovations (GS-3) (Page-7) * The Indian Space Research Organisation (ISRO) launched a space technology incubation centre in Tripura capital Agartala on Tuesday. It is the first of six such centres planned nationally to build capacity in new locations. More such space research activities will be splashed in a big way across small cities to tap their talent and include them in the space footprint, ISRO Chairman K. Sivan, said. The incubation centre will be located in the National Institute ofTechnology,Agartala Inaugurating it from Bengaluru, Tripura Chief Minister Biplab Kumar Deb said it was time high technology programmes reached the remote northeast India. ** The space agency's new Capacity Building Programme directorate will invest 2 crore in incubation facilities in Jalandhar, Bhubaneswar, Tiruchi, Nagpur and Indore.

  10. We want to go to locations that have a good presence of academia and industry but do not have activities related to space.The centres will bring out prototypes and innovations for ISRO in electronics, propulsion and others. We will buy the innovations back if we can use them in our programmes," Dr. Sivan said. He was speaking at the annual event of the India Electronics and Semiconductor Association (IESA), which has enlarged its ambit to space electronics this year. Domestic industry should increase the production of critical electronics items needed in space and other Programmes, as 75% of it is now imported, Dr. Sivan said. IESA Chairman Anil Kumar Muniswamy said the Indian space market offers big opportunity to industry as it is estimated to grow to $1.6 billion by 2023.