Sakshi Pahwa is teaching live on Unacademy Plus
IMPORTANT CURRENT AFFAIRS FEBRUARY 2019 BY SAKSHI PAHWA
VERIFIED EDUCATOR STAR EDUCATOR CATEGORY EXPERT unacademy OTHER COURSES BY ME MBA in Marketing and Finance Qualified IBPS PO "Monthly Current Affairs Monthly Banking And Financial Awareness "Monthly RBl Notification Mock Questions For Various Bank Exams Such As SBI, IBPS, RBI GRADE B Etc -Practice Questions with Strategies on important topics like Parajumbles, RC, Sentence Connectors, Cloze Test etc. Follow me on https://unacademy.com/user/sakshi.pahwa248 Doubt or Feedback in the Comments Section Rate, review, recommend the lesson
3rd and 4th Feb LIVE NEWS
PM Laid Foundation Stone For Various Development Projects in Leh i. Prime Minister Narendra Modi inaugurated and laid the foundation stone for various development projects, worth nearly 12,000 crore rupees, at Leh. He laid the foundation stone for a 480 crore rupee Terminal Building at Leh Airport. Mr Modi inaugurated the 9- megawatt Dah hydroelectric project. ii. The Prime Minister also dedicated to the nation the 220 KiloVolt Srinagar-Alusteng-Drass-Kargil-Leh transmission system. Mr Modi also launched the University of Ladakh, the first-ever in the state's region iii. He also visited Jammu and Srinagar. He inaugurated and laid the foundation stones of various projects, including two new All India Institute of Medical Sciences and 624 MW Kiru Hydroelectric project in Kishtwar.
Railways Minister Launched IEA's The Future of Rail' Report i. Minister of Railways, Piyush Goyal launched the "The Future of Rail" report of the International Energy Agency (IEA).The Future of Rail is the first-of-a-kind report that analyses the current and future importance of rail around the world through the perspective of its energy and environmental implications. > ii. The report reviews the impact of existing plans and regulations on the future of rail and explores the policies that could help to realise an enhanced future of the railways. > John Mathai was the first Railways Minister of Independent India.
New e-Commerce Policy Comes Into Effect India's new e-commerce policy came into effect From February 1, 2019. A new set of policy rules had been formed for the e-commerce companies. Department for Promotion of Industry and Internal Trade (previously DIPP) gave them a 60-day window period for aligning themselves to the government's modified foreign direct investment (FDI) rules Important Highlights of the new policy: >I. Bars online retailers from selling products through vendors in which they have an equity interest. 2. Also bars them from entering into exclusive deals with brands for selling products only on their latforms All online retailers will be required to maintain a level playing field for all the vendors selling their products on the platform, and it shall not affect the sale prices of goods in any manner 4. Disallows e-commerce players to control the inventory of the vendors. Any such ownership over the inventory will convert it into inventory based model from marketplace based model, which is not entitled to FDI 5. The e-commerce retailer shall be deemed to own the inventory of a vendor if over 25% of the purchases of such a vendor are through it. 6. Restricts marketplaces from influencing prices in a bid to curb deep discounting. With this, special offers like cashback, extended warranties, faster deliveries to some brands will be prohibited, with the view to provide a level playing field