Daily Current Affairs Quiz PDF of 23rd February 2018
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The 44th edition of Khajuraho dance festival has begun at the UNESCO world heritage site. The Dance Festival is being organised by the culture department of the Madhya Pradesh government.
About Khajuraho Dance Festival:
- During the festival, dance performances are held in an open-air auditorium, usually in front of the Chitragupta Temple dedicated to the Sun God and the Vishwanatha Temple dedicated to Lord Shiva.
- It will showcase classical dances, including Kathak, Odissi, Bharatnatyam, Kuchipudi, Kathakali and Mohiniattam to name a few.
About Khajuraho temples:
- Khajuraho Temples are among the most beautiful medieval monuments in the country. These temples were built by the Chandella ruler between AD 900 and 1130.
- They are world-wide known for their erotic sculptures. The first recorded mention of the Khajuraho temples is in the accounts of Abu Rihan al Biruni in AD 1022 and the Arab traveler Ibn Battuta in AD 1335.
- The Khajuraho group of temples were built together but were dedicated to two religions, Hinduism and Jainism, suggesting a tradition of acceptance and respect for diverse religious views among Hindus and Jains in the region.
The first sale of electoral bonds will start from March 1 for a period of 10 days at four main branches of State Bank of India in Chennai, Kolkata, Mumbai and New Delhi.
About Electoral bonds:
What is it?
An electoral bond is designed to be a bearer instrument like a Promissory Note — in effect, it will be similar to a bank note that is payable to the bearer on demand and free of interest. It can be purchased by any citizen of India or a body incorporated in India. The electoral bonds will not bear the name of the donor.
How do you use it?
The bonds will be issued in multiples of ₹1,000, ₹10,000, ₹1 lakh, ₹10 lakh and ₹1 crore and will be available at specified branches of State Bank of India. They can be bought by the donor with a KYC-compliant account. Donors can donate the bonds to their party of choice which can then be cashed in via the party’s verified account within 15 days.
Every party that is registered under section 29A of the Representation of the Peoples Act, 1951 (43 of 1951) and has secured at least one per cent of the votes polled in the most recent Lok Sabha or State election will be allotted a verified account by the Election Commission of India. Electoral bond transactions can be made only via this account.
Why Electoral Bonds are Necessary?
India is the largest democracy in the world. However, despite strengthening various institutions for the last seven decades, India has not been able to evolve a transparent political funding system. Elections and political parties are a fundamental feature of Parliamentary democracy. Elections cost money. The round the year functioning of the political parties involves a large expenditure. Parties run offices throughout the country. Staff salaries, travelling expenses, establishment cost are regular expenditures of political parties. There has not been a single year where election either for the Parliament or State Assemblies have not been held. Besides expenditure of individual candidates, political parties have to spend money on election campaigns, publicity, tours, travels and election related establishments. These expenditures run into hundreds of crores. Yet there has not been a transparent funding mechanism of the political system.
Issues the with conventional system of political funding:
The conventional system of political funding is to rely on donations. These donations, big or small, come from a range of sources from political workers, sympathisers, small business people and even large industrialists. The conventional practice of funding the political system was to take donations in cash and undertake these expenditures in cash. The sources are anonymous or pseudonymous. The quantum of money was never disclosed. The present system ensures unclean money coming from unidentifiable sources. It is a wholly non-transparent system.
An Inter-Ministerial Committee (IMC) on Medicinal and Aromatic Plants (MAPs) has been set up for the North Eastern Region (NER). This was decided after a meeting between Secretaries of DoNER and AYUSH.
About the IMC on MAPs:
Aim: The IMC is to create synergy in various programmes of the Union Government to enable medicinal and aromatic plants sector become vibrant and develop the resources to its potential.
Composition: The IMC will comprise members from various Ministries, Departments and several organisations in the relevant fields. The Ministry of Development of North-East Region (MDoNER) will be the coordinator for the IMC of MAPs.
Functions: The Committee will review the existing mechanism or institutional arrangements for management and development of MAPs resources of NER. The IMC will identify gaps in the existing mechanism or institutional arrangements, suggest a policy intervention for optimally harnessing the MAPs resources of NER and accelerating the development of MAPs sector, suggest a Plan of Action for dovetailing of the schemes and programmes of concerned Ministries and Departments.
The government has unveiled a ‘strategic plan’ to enable seven state-owned companies under the Department of Telecom (DoT) to work closely.
The action plan covers MTNL, BSNL, Indian Telephone Industries (ITI), Centre for Development of Telematics (CDOT), Telecommunications Consultants India Ltd. (TCIL), Testing and Certification of Telecom Equipments (TEC) and BharatNet (BBNL).
About the strategic plan:
- The strategic plan entails effective utilisation of human resources, optimum use of vacant space and promoting ‘Make in India’, among other things. Under the plan, the government has identified specific areas where teams will work on including manpower, settlement of legal issues and utilisation of vacant space.
- The plan aims at promoting greater operational synergy among the PSUs, including pooling in of resources and effective utilisation of human resources as well as land and buildings.
- Some units have excess manpower whereas others face a shortage. Under the plan, the Centre intended to train and redeploy manpower. Also, telecom PSUs will refrain from going to court against one another and, instead, first approach DoT for resolution of disputes.
- The strategic roadmap will also cover other areas such as standards and certification, and preparing to tap opportunities in areas like 5G and Internet of Things. These PSUs will also look at pooling in resources to address new business opportunities in Digital India, Smart City and Internet of things, and develop mechanism for sharing of revenues and expenses.
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