Tina Malhotra is teaching live on Unacademy Plus
CURRENT AFFAIRS: MAY 23, 2018 By Tina Malhotra
VIKALP SCHEME 1. AIM OF THE SCHEME The VIKALP scheme by IRCTC offers wait-listed passengers a confirmed berth in an alternate train -Under VIKALP scheme, passengers can opt for maximum 5 trains, however, as it depends on the availability of seats and train, the scheme does not guarantee a confirmed berth The wait-listed passengers can be transferred to an alternate train opted and departing between a time frame of 30 minutes to 12 hours from the scheduled departure of the original train, in which they have booked
DRAFT AIR PASSENGER CHARTER 1. CANCELLATION CHARGES it is proposed that cancellation charges should not be more than basic fare and fuel surcharge. 2. DIGIYATRA to transform the nation into a digitally empowered society, 3. AIRSEWA APP AirSewa app brings together all the stakeholders on a common platform to ensure timely and effective handling of customer grievances and to disseminate real-time data 4. WIFI Both domestic and international airlines are allowed to offer internet services and mobile services on-board an aircraft in Indian airspace provided certain security requirements are met
ACT 1. MODEL AGRICULTURE PRODUCE AND LIVESTOCK CONTRACT FARMING AND SERVICES (PROMOTION & FAC LITAT ON) ACT, 2018 AlM: integrate farmers with bulk purchasers including exporters, agro- industries etc. for better price realization through mitigation of market and price risks to the farmers and ensuring smooth agro raw material supply to the agro industries. 2. FEATURES OF THE ACT -protecting the interests of the farmers -Ensuring buying of entire pre-agreed quantity -Contract Farming Facilitation Group (CFFG)
MAN BOOKER INTERNATIONAL PRIZE 1. FLIGHTS BY OLGA Flights," a philosophical rumination on modern-day travel by the Polish author Olga Tokarczuk, won the Man Booker International Prize for works of translated fiction 2. SHARED WITH THE TRANSLATOR Ms. Tokarczuk shared the prize of 50,000 British pounds, around $67,000, with the book's English-language translator, Jennifer Croft. 3. ABOUT MAN BOOKER PRIZE INTERNATIONAL - The Man Booker International Prize is awarded by the same organization that gives the Man Booker Prize for fiction.
NYSE 1. STACEY CUNNINGHAM For the first time, the New York Stock Exchange has named a woman to lead the organization. Stacey Cunningham will succeed Thomas Farley to become the NYSE's 67th president. who started her career at the exchange as a summer intern in 1994, is currently the chief operating officer. 2. 2002 In 2002, Catherine Kinney was named as the NYSE's first female co-president.