This Daily Current Affair Capsule aims to be a time-saving tool for going through relevant news from national dailies and government releases on PIB. Aspirants for UPSC IAS, CDS, SSC CGL, NDA, etc. will find it highly useful to cover for revision and awareness purposes.
National Important Current Affairs – 23 April 2018
■ The 29th National Road Safety Week is being observed from 23rd April. The Ministry of Road Transport and Highways is organising for creating awareness about various causes of road accidents and measures to prevent them will be highlighted through various activities involving students, drivers and other road users.
Note that: In India, about 1.5 lakh persons are killed in road crashes every year while many more get injured and disabled for life. Youth in the age group of 15 to 24 years comprise 33 per cent of the total fatalities.
■ The Congress and six other opposition parties had moved a notice for the impeachment of Chief Justice of India (CJI) Dipak Misra, accusing him of “misbehaviour” and “misusing” authority.
Note that: So far, no Chief Justice has ever been impeached in India.
About the Procedure for removal of CJI: Article 124(4) of the Constitution lays down the procedure for removal of a judge of the Supreme Court, including the CJI, who can be impeached on grounds of “misbehaviour or incapacity”.
Step 1: A removal motion signed by 100 members of Lok Sabha or 50 members of Rajya Sabha has to be submitted to the Speaker of the Lower House or Chairperson (ie Vice President) of the Upper House. This can be in either of the Houses of Parliament.
Step 2: The Speaker/Chairperson can either accept or reject the motion.
Step 3: If the motion is admitted, then the Speaker/ Chairperson forms a three-member committee comprising a senior judge of the Supreme Court, a judge of a high court and a distinguished jurist to investigate the charges leveled against the CJI.
Step 4: If the committee supports the motion, it can be taken up for discussion. It must be passed by a special two-third majority of MPs in both the Lok Sabha and Rajya Sabha.
Step 5: After it is passed in both Houses, it is presented to the President, who can pass a Presidential Order for removal of the CJI.
■ The Delhi Police has traced about 3,000 missing children in just 4 days by using the facial recognition system (FRS). This was stated by the Women and Child Development Ministry in an affidavit to the Delhi High Court. Delhi Police used the FRS on 45,000 children living in different children homes between the 6th and the 10th of this month, out of which 2,930 of them were recognised. The Ministry will now help the children reunite with their families.
Note that: The Delhi Police took help of the FRS after the High Court’s instruction to test run the software.
About Facial Recognition System: FRS stores the facial features of a child and matches them with photographs and database available with the Track Child portal as a result of which the identity of the child can be instantly established.
■ The central government has launched Central Project Monitoring Unit for the e-Vidhan project at Parliament House Annexe. In 2014, Himachal Pradesh became the first state in the country to implement e-Vidhan as a pilot project. The Ministry of Parliamentary Affairs is the Nodal Ministry for the project.
About e-Vidhan: It is a mission mode project to digitize and make the functioning of State Legislatures in India paperless. It is a part of the broader Digital India Programme of the Government and is likely to contribute to the cleanliness & environment by reducing the use of papers to a great extent.
International Current Affairs Capsule – 23 April 2018
■ Prime Minister Narendra Modi will visit China for an informal summit meeting with President Xi Jinping on 27-28 April. External Affairs Minister Sushma Swaraj has made this announcement at a joint briefing with her Chinese counterpart Wang Yi in Beijing. This meeting between both leaders in Wuhan city will be an important occasion for the two sides to exchange views on bilateral and international matters with an aim to enhance mutual communication.
■ India will take part in Shanghai Cooperation Organisation (SCO) summit, scheduled for April 24. This is the first SCO meetings after India and Pakistan became members of the eight-member group.
The Shanghai Cooperation Organisation, also known as the Shanghai Pact, is a Eurasian political, economic, and military organisation which was founded in 2001 in Shanghai by the leaders of China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan. Apart from Uzbekistan, the other five countries have been a part of the Shanghai 5 since 1996. India and Pakistan joined SCO as full members in June 2017 in Astana, Kazakhstan.
The SCO also has four observer states, namely the Islamic Republic of Afghanistan, the Republic of Belarus, the Islamic Republic of Iran and the Republic of Mongolia. The SCO’s main goal is strengthening mutual trust and neighbourliness among the member states; promoting their effective cooperation in politics, trade, the economy, research, technology and culture, as well as in education, energy, transport, tourism, environmental protection, and other areas.
Economics Today’s Current Affair Capsule – 23 April 2018
■ According to World Bank report, India has retained its position as the top remittances receiving country with its diaspora sending about $69 billion back home in 2017. The remittances to India have picked up sharply by 9.9% to $69 billion in 2017, reversing the previous year’s dip, but were still short of $70.4 billion received in 2014.
While payments from immigrants to their home countries has rebounded to reach a new record in 2017 but the costs of transferring funds also increased. The stronger-than-expected recovery in remittances was driven by growth in Europe, Russia, and the United States.
The World Bank said remittance inflows improved in all regions and the top remittance recipients after India were – China ($64 billion), followed by the Philippines ($33 billion), Mexico ($31 billion), Nigeria ($22 billion), and Egypt ($20 billion).
Note that: The global average cost of sending $200 was 7.1% in the first quarter of 2018, which is more than twice as high as the Sustainable Development Goal target of 3%. Sub-Saharan Africa is the most expensive place to send money to, with average cost 9.4%.
Major barriers to reducing remittance costs are de-risking by banks and exclusive partnerships between national post office systems and money transfer operators.
■ Finland-headquartered multinational telecommunications, information technology and consumer electronics company, Nokia, has invoked the mutual agreement procedure (MAP) under the India-Finland Double Taxation Avoidance Agreement, in order to resolve the Rs 2,000-crore tax dispute with the Indian tax department.
Now, the responsible authorities of the two countries — India and Finland — will negotiate and decide how the dispute should be resolved.
What’s the Nokia Tax issue? Indian income tax department had struck a Rs 2,000-crore tax demand on Nokia India over an alleged default on tax deduction at source (TDS) on software-related payments made to Nokia Finland for six years. The IT department had concluded that payments made by Nokia India to Nokia Finland for software downloads — which got embedded in the Nokia handsets manufactured in India — were taxable in India as royalty.
About MAP: The MAP is an alternative available to taxpayers to resolve disputes giving rise to double taxation, whether juridical or economic in nature. An agreement for avoidance of double taxation between countries gives authorisation for assistance of Competent Authorities (CAs) in the respective jurisdiction under MAP. The main benefit of pursuing MAP is the elimination of double taxation (either juridical or economic). The MAP resolution, once accepted, eliminates protracted litigation.
■ The International Monetary Fund (IMF) has unveiled a new anti-corruption policy for all its member states. These new guidelines will systematically address corruption and its impact on economic growth in the countries. It also aims to tackle how rich countries contribute to corruption in the developing world by failing to prevent bribery and money laundering or by allowing anonymous corporate ownership.
Under the new stricter guidelines, IMF discussed good governance concerns in all annual economic reviews of member countries.
IMF Managing Director Christine Lagarde said, corruption hurts the poor, hinders economic opportunity and undermines trust in institutions. The new guidelines of IMF will come into effect from 1st July this year.
Sports Current Affairs – 23 April 2018
■ Students of Classes 9th to 12th in CBSE schools will have to attend a mandatory health and physical education class every day from the current academic session. This will be a qualifying subject with grading and will be mandatory for students to be eligible to appear for the 10th and 12th board exams. These marks will, however, not be added to the final result.
■ India has bagged 10 Gold medals at the 8th South Asian Judo Championship in Lalitpur, Nepal. The women made a clean sweep by grabbing all the seven Individual Gold medals, while the men won 3 of the total 7 coveted yellow metals.
■ Swedish musician, Tim Bergling, who is one of the world’s biggest dance music stars, has passed away in Muscat, Oman at age of 28 years. He is popularly known as DJ Avicii. He was a DJ, remixer and record producer with anthems like Wake Me Up, Levels, and recently, Lonely Together with Rita Ora.
“Current Affairs Questions for UPSC IAS Prelims – 23 April 2018 “
Q1. Which football team has won the 2018 Indian Super Cup Football tournament?
A) East Bengal FC
B) Kerala Blasters FC
C) Bengaluru FC
D) Churchill Brothers FC
Q2. Who will become the first-ever Indian Filmmaker in Madame Tussauds Collection?
A) Neeraj Pandey
B) Rajkumar Hirani
C) Shoojit Sircar
D) Karan Johar
Q3. Who has won the 2018 Formula One Chinese Grand Prix tournament?
A) Carlos Sainz
B) Kimi Raikkonen
C) Daniel Ricciardo
D) Valtteri Bottas
Q4. What is the theme of the 2018 World Earth Day (WED)?
A) Save Your Earth from Plastic
B) Environmental and Climate Literacy
C) Beware of Plastic Pollution
D) End Plastic Pollution
Q5. Who has been conferred with the All India Management Association’s (AIMA’s) annual award for lifetime contribution to media?
A) Indu Jain
B) Karan Thapar
C) Palagummi Sainath
D) Josy Joseph
Answer these questions in the comments below. We encourage you to discuss your thoughts on the news and issues mentioned in today’s current affairs post. The idea is to promote healthy discussions on interesting issues to make preparation fun. Have a good day!