By: D.K Chaudhary
1. IRDAI Sets Up Panel To Review Norms For Marketing Firms
i. IRDAI has formed a panel to review the regulations pertaining to insurance marketing firms. The committee is headed by Suresh Mathur, Executive Director (insurance marketing firms), IRDAI, with nine more members.
ii. The new distribution channel of insurance marketing firms was introduced in 2015 by IRDAI, with the objective of increasing insurance penetration in the country through an area-wise registration approach. The channel has now been in operation for three years.
ii. The new distribution channel of insurance marketing firms was introduced in 2015 by IRDAI, with the objective of increasing insurance penetration in the country through an area-wise registration approach. The channel has now been in operation for three years.
- IRDAI stands for Insurance Regulatory and Development Authority of India.
- Headquarters of IRDAI is in Hyderabad.
- Subhash Chandra Khuntia is Chairman of IRDAI.
2. 3-Day National Yoga Olympiad 2018 Begins in New Delhi
i. A 3-day National Yoga Olympiad was inaugurated at the National Council of Educational Research and Training (NCERT) in CIET in New Delhi by Mr. Eric Falt, Director and UNESCO Representative of the New Delhi Cluster Office for India, Bangladesh, Bhutan, Nepal, the Maldives and Sri Lanka.
ii. This is the third consecutive year of National Yoga Olympiad of NCERT and this year about 500 students from 26 States are participating in the Olympiad. Two books – Joy of Theatre and Sangeet training packages were released on the occasion.
ii. This is the third consecutive year of National Yoga Olympiad of NCERT and this year about 500 students from 26 States are participating in the Olympiad. Two books – Joy of Theatre and Sangeet training packages were released on the occasion.
- International Day of Yoga is celebrated annually on 21 June since its inception in 2015.
3. Union Government Collaborates With Google For Flood Forecasting
i. The Central Water Commission (CWC), India’s apex technical organisation in the field of Water Resources has signed a Collaboration Agreement with Google for flood forecasting.
ii. According to the Union Minister for Water Resources, River Development and Ganga Rejuvenation, Nitin Gadkari, the collaboration with Google will help in effective flood management in India. Using its high-resolution Digital Elevation Model (DEM), Google would help to generate flood inundation maps with the forecast inputs of CWC.
ii. According to the Union Minister for Water Resources, River Development and Ganga Rejuvenation, Nitin Gadkari, the collaboration with Google will help in effective flood management in India. Using its high-resolution Digital Elevation Model (DEM), Google would help to generate flood inundation maps with the forecast inputs of CWC.
- Google CEO- Sundar Pichai, Parent organization- Alphabet Inc., Headquarters- The USA.
4. Dhanush Artillery Gun Clears Final Trials
i. The indigenously upgraded artillery gun Dhanush has successfully completed final user trials and is ready for induction into the Army. Dhanush is an upgraded version of the Swedish Bofors gun procured by India in the mid-1980s.
ii. This was the third and final phase of user exploitation firings in which six Dhanush guns were fired in battery formation at the Pokhran field firing range.
ii. This was the third and final phase of user exploitation firings in which six Dhanush guns were fired in battery formation at the Pokhran field firing range.
- General Bipin Rawat is the present Chief of Army Staff.
5. Kaiga Generating Systems Sets New Record Of Continuous Operation
i. The 220 MW Unit-1 of Karnataka’s Kaiga Generating Systems (KGS-1) set a new record of the continuous operation of 766 days, surpassing the earlier record of 765 days set by the Unit-5 of Rajasthan Atomic Power Station (RAPS-5) in 2014.
ii. With this achievement, KGS-1 stands second in the world among the Pressurised Heavy Water Reactors (PHWRs) and fourth among all nuclear power reactors in terms of continuous operation.
ii. With this achievement, KGS-1 stands second in the world among the Pressurised Heavy Water Reactors (PHWRs) and fourth among all nuclear power reactors in terms of continuous operation.
