Tina Malhotra is teaching live on Unacademy Plus
CURRENT AFFAIRS: MAY 4, 2018 By tina malhotra
RAILWAYS 1. NOMINATIONS FOR BEAUTIFICATION The Ministry of Railways had invited nominations across all Zonal Railways for stations where beautification has been done with participation of local artists. 2. AlM: In order to promote cleanliness with creativity, the Ministry of Railways had invited nominations across all Zonal Railways 3. EVALUATION COMMITTEE The evaluation committee consisting of the Executive Director (Station development), Chief Commercial Manager (systems) of South Central Railway, Executive director (Tourism) and an official from the Northeast Frontier Railway set up to review 62 entries received from 11 Zonal Railways.
NITI AAYOG-IBM 1. STATEMENT OF INTENT NITI Aayog and IBM signed a Statement of Intent (Sol) to develop a crop yield prediction model using Artificial Intelligence (Al) 2. AlM: The partnership aims to work together towards use of technology to provide insights to farmers to improve crop productivity, soil yield etc. -Bringing in future technologies like Artificial Intelligence into practical use. 3. SCOPE: to introduce and make available climate-aware cognitive farming techniques and identifying systems of crop monitoring
NOBEL PRIZE 1. TO NOT BE AWARDED THIS YEAR -Announcement made by the Swedish Academy on May 4, 2018 -Reason for not awarding the same has been announced as well. -The decision w the Academy. -It is the first time since 1943 that the prestigious award will not as taken in view of the reduced public confidence in handed over.
CBDT -The Central Board of Direct Taxes (CBDT) entered into 200th Unilateral Advance Pricing Agreement (UAPA) in April 2018. -With the signing of this UAPA, the total number of APAs entered into by CBDT so far has gone up to 220, which include 20 Bilateral APAs. -The UAPA entered in April 2018 pertains to provision of sourcing support ervices.
SIPRI REPORT 1. INDIA AND CHINA India and China were among the five biggest military spenders which together accounted for 60 per cent of the total global defence expenditure of USD 1.739 trillion in 2017. 2. REPORT BY SIPRI -the five top military spenders in 2017 were the US, China, Saudi Arabia, Russia and India -total global military spending rose to USD 1.739 trillion which is an increase of 1.1 per cent compared to the expenditure in 2016.
RENAMING OF A PROGRAMME 1. MULTI-SECTORAL DEVELOPMENT PROGRAMME the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, renamed the Multi-sectoral Development Programme (MsDP) as Pradhan Mantri Jan Vikas Karyakram. 2. AIM OF THE PROGRAMME provide better socioeconomic infrastructure facilities to the minority communities in particular fields.