Daily Current Affairs Quiz PDF of 19th March 2018
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Commemorative coins in denominations of ₹10 and ₹1000 have been released on Lord Jagannath’s Nabakalebar festival.
About Nabakalebar festival:
- The Nabakalebara is an ancient ritual associated with most of the Jagannath Temples when the Idols of Lord Jagannath, Balabhadra, Subhadra and Sudarshan are replaced by a new set of Idols.
- A year with an extra Ashadha masa/month as per Hindu Calendar is considered auspicious for conducting the ceremony. This usually occurs every twelve to nineteen years.
- The Deities are made from a special type of Neem wood known as Daru Bramha.
- The most recent ceremony was in 2015, following the 1996 ceremony.
- This festival is celebrated at the Jagannath Temple in Puri, Orissa.
The Festival of Innovation and Entrepreneurship was recently inaugurated by President Ram Nath Kovind. It is being organised by Rashtrapati Bhavan in association with the Department of Science and Technology and the National Innovation Foundation-India.
About the Festival Of Innovation And Entrepreneurship:
It is a celebration of country’s Innovation potential, particularly those ideas which stem from grassroots level including the citizen at the last mile and also a reflection of power of children’s creativity. It is an initiative to recognise, respect, showcase, reward innovations and to foster a supportive ecosystem for innovators.
Significance of the Festival:
- FINE would provide an excellent platform to the innovators for building the linkages with potential stakeholders whose support can improve their prospects in coming years for the larger social good.
- It will also help in promoting lateral learning and linkages among the innovators to enrich the ecosystem for new India.
- It would also be a great opportunity to create awareness about the importance of various Ministries of Government of India attaches to their effort and participation in the FINE.
India is hosting the 17th Annual Conference of International Competition Network 2018 (ICN2018) in New Delhi.
About the 2018 ICN conference:
- The ICN holds an Annual Conference which is hosted by a member competition agency. The last such Conference was hosted by Portuguese Competition Authority in 2017 at Porto, Portugal.
- This is the first time India is hosting the ICN2018 Annual Conference since it joined International Competition Network (ICN) in 2009.
- The conference will provide an opportunity to exchange ideas and strategies for effective enforcement of competition law and for strengthening cooperation amongst the competition authorities as they strive to promote and sustain competition in rapidly changing markets.
About ICN:
ICN is an international body comprising 132 members from 120 competition jurisdictions exclusively devoted to international competition enforcement. The ICN’s main goal is to improve and advocate for sound competition policy and its enforcement across the global antitrust community.
- The ICN is a voluntary, consensus-based organisation. The ICN is not a rule-making organisationand its work products are not legally binding instruments.
- ICN provides competition authorities with a specialised yet informal platform for addressing practical competition concerns, sharing experiences and adopting international best practices.
- Members: Its members are national competition authorities and NGA (Non-governmental Advisers) which include reputed law firms, eminent persons, and think tanks of international repute.
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