A Leading Consultancy for Civil Services. Established in 1988 to Provide Expert Guidance...
Daily Current Affairs Answer & Explanation : 22 July 2020
Pension Fund Regulatory and Development Authority (PFRDA) is working on a minimum assured return scheme (MARS) for subscribers of the National Pension System (NPS).
The Pension Fund Regulatory & Development Authority Act was passed on 19th September, 2013 and the same was notified on 1st February, 2014.
PFRDA is regulating NPS, subscribed by employees of Govt. of India, State Governments and by employees of private institutions/organizations & unorganized sectors.
Danakil Depression is located in northeastern Ethiopia.
It is one of the world’s hottest places, as well as one of its lowest, at 100 metres below sea level.
A recent study stated that an active and naturally occurring life cannot be sustained at Danakil, Ethiopia.
It has two reasons-
Magnesium-dominated brinesthat cause cells to break down.
An Environment having simultaneously very low pHand high salt, a combination that makes adaptation highly difficult.
Inner Line Permit (ILP) System
It is an official travel document required by Indian citizens residing outside certain protected states while entering them.
The ILP is issued by the Government of India and is obligatory for all those who reside outside the protected states.
By the ILP, government aims to regulate movement to certain areas located near the international border of India.
Currently, the Inner Line Permit is operational in Arunachal Pradesh, Mizoram and Nagaland.
At the national level, Cabinet Committee on Security (CCS) and National Crisis Management Committee (NCMC) are the key committees involved in the top-level decision-making wrt Disaster Management (DM).
It deals with major crisis which have serious or national ramification
It is headed by the Cabinet Secretary (Chairperson)
The 2012 Cape Town Agreement (CTA) was adopted by the International Maritime Organization (IMO).
It outlines fishing vessel standards and includes other regulations designed to protect the safety of crews and observers.
It seeks to introduce mandatory safety measures for fishing vessels of 24 metres and over in length.
It seeks to help combat illegal, unregulated and unreported (IUU) fishing.
Thus far, 13 countries have ratified the Cape Town Agreement: Belgium, Congo, Cook Islands, Denmark, France, Germany, Iceland, The Netherlands, Norway, Saint Kitts and Nevis, Sao Tome and Principe, South Africa and Spain.