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Bangladesh Signs First Preferential Trade Agreement (PTA) Part of: GS Prelims and GS-III – Infrastructure In news Bangladesh signed its first Preferential Trade Agreement (PTA) with Bhutan allowing duty free access to a range of goods between the two countries. Key takeaways This is the first PTA Bangladesh has signed with any country in the world. The agreement was signed on the occasion marking the 50 years of diplomatic ties between the two countries. Under the PTA 100 Bangladeshi products will get duty free access to Bhutan. At the same time, 34 items from Bhutan will get duty free access into Bangladesh. Bangladesh is expected to sign 11 more PTAs and Free Trade Agreements (FTAs) with countries like Indonesia and Nepal by June next year. Do you know? In 1971, Bhutan was the first country in the world, followed by India as the second, to recognise Bangladesh as an independent country. 🍁🍁🍁🍁🍁🍁🍁🍁🍁🍁 Join >> @dailynewscom

Invest India wins UN Investment Promotion Award Part of: GS Prelims and GS-III – Economy; Investment In news The United Nations (UNCTAD) has declared Invest India- the National Investment Promotion Agency of India- as a winner of the 2020 United Nations Investment Promotion Award. Key takeaways The award recognizes and celebrates the outstanding achievements and best practices of Investment Promotion Agencies (IPAs) across the globe. This United Nations Investment Promotion Award is the most coveted award for Investment Promotion Agencies. UNCTAD is a central agency that monitors performance of IPAs and identifies global best practices. Germany, South Korea and Singapore have been some of the past winners of the award. Important value addition Invest India It is the national investment promotion and facilitation agency Set up in: 2009 It is a non-profit venture Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry. Focus: Sector-specific investor targeting and development of new partnerships to enable sustainable investments in India. It also partners with substantial investment promotion agencies and multilateral organizations. It actively works with several Indian states to build capacity and bring in global best practices in investment targeting, promotion and facilitation areas. The United Nations Conference on Trade and Development (UNCTAD) It was established in 1964 as a permanent intergovernmental body. It deals with trade, investment, and development issues. Goal: Maximize the trade, investment and development opportunities of developing countries and assist them in their efforts to integrate into the world economy on an equitable basis. Established by: United Nations General Assembly in 1964 It reports to the UN General Assembly and United Nations Economic and Social Council. Primary objective: To formulate policies relating to all aspects of development including trade, aid, transport, finance and technology. The permanent secretariat is in Geneva, Switzerland 🍁🍁🍁🍁🍁🍁🍁🍁🍁🍁 Join >> @dailynewscom

Vanchit Ikai Samooh Aur Vargon Ki Aarthik Sahayta (VISVAS) Yojana Part of: GS Prelims and GS-II – SCs and STs In news Recently, National Backward Classes Finance & Development Corporation (NBCFDC) and National Scheduled Castes Finance and Development Corporation (NSFDC) entered in to MoA With Central Bank of India for implementation of Vanchit Ikai Samooh aur Vargon ki Aarthik Sahayta (VISVAS) Yojana. Ministry: Ministry of Social Justice & Empowerment Key takeaways It is an Interest subvention Scheme for financial empowerment of economically marginalized OBC/SC Self Help Groups (SHGs) & Individuals. The scheme will benefit OBC/SC SHGs with loans up to Rs.4 Lakh and OBC/SC individuals with loan up to Rs.2 Lakh with a quick interest subvention benefit of 5% directly into the standard accounts of borrowing beneficiaries. 🍁🍁🍁🍁🍁🍁🍁🍁🍁🍁 Join >> @dailynewscom

Two New Zoos Granted Recognition by Central Government Part of: GS Prelims and GS-III – Environment In news Two new zoos were granted recognition recently. These are – Rajgir Zoo Safari in Nalanda, Bihar and Shaheed Ashfaque Ullah Khan Prani Udyaan in Gorakhpur, Uttar Pradesh Important value addition Rajgir Zoo Safari, Nalanda, Bihar The zoo is established exclusively comprising on only safari enclosures which offer larger space for captive animals. The animals are not in cages but they are free to roam over a forest area. The zoo is located close to the historically important Nalanda. Shaheed Ashfaque Ullah Khan Prani Udyaan, Gorakhpur, U.P. With the establishment of this zoo, the state of Uttar Pradesh has a total of 9 zoos. It is the second biggest zoo in Uttar Pradesh after Kanpur Zoological Park. 🍁🍁🍁🍁🍁🍁🍁🍁🍁🍁 Join >> @dailynewscom

UP government launches scheme for Tharu Tribals Part of: GS Prelims and GS-I – Society In news The Uttar Pradesh government has recently launched a scheme to take the unique culture of its ethnic Tharu tribe across the world. Key takeaways The state government is working to connect Tharu villages in the districts of Balrampur, Bahraich, Lakhimpur and Pilibhit bordering Nepal, with the home stay scheme of the UP Forest Department. The idea is to offer tourists an experience of living in the natural Tharu habitat, in traditional huts made of grass collected mainly from the forests. Important value addition Tharu tribe The community of Tharu people belongs to the Terai lowlands. Most of them are forest dwellers, and some practice agriculture. Tharus worship Lord Shiva as Mahadev, and call their supreme being “Narayan”, who they believe is the provider of sunshine, rain, and harvests. The Tharus live in both India and Nepal. In the Indian terai, they live mostly in Uttarakhand, Uttar Pradesh, and Bihar. A majority still lives off the forest. Do you know? They speak various dialects of Tharu which is a language of the Indo-Aryan subgroup, and variants of Hindi, Urdu, and Awadhi. In central Nepal, they speak a variant of Bhojpuri, while in eastern Nepal, they speak a variant of Maithili. Tharu women have stronger property rights than is allowed to women in mainstream North Indian Hindu custom. 🍁🍁🍁🍁🍁🍁🍁🍁🍁🍁 Join >> @dailynewscom

The rise of the AI economy Artificial Intelligence (AI) has the potential to transform the Indian economy. In the last few years, India made significant progress in its adoption. However, there are several areas India need to focus on to make the most of what AI offers. AI adoption and capacity building in India NITI Aayog's national strategy for AI envisages 'AI for all' for inclusive growth. NITI Aayog identifies healthcare, agriculture, education, smart cities and infrastructure, and smart mobility and transportation as focus areas for AI-led solutions for social impact. The Telangana, Karnataka, Tamil Nadu and Maharashtra governments, among others, have announced policies and strategies for AI adoption. Technology companies have established AI centres of excellence to create solutions for global clients. India has a thriving AI start-up ecosystem. Our talent pool in AI/ML (Machine Learning) is fast-growing, with over 5,00,000 people working on these technologies at present. AI will boost Indian economy Nasscom believes that data and AI will contribute $450 billion-$500 billion to India's GDP by 2025, which is around 10% of the government's aspiration of a $5 trillion economy. The growing AI economy will create employment opportunity by creating an estimated over 20 million technical roles. AI can create not just niche solutions to specific problems that banks and other service providers are deploying, such as speeding up loan application processing or improving customer service; it can also provide solutions for better governance and social impact. AI can create not just niche solutions to specific problems that banks and other service providers are deploying, such as speeding up loan application processing or improving customer service; it can also provide solutions for better governance and social impact. Way forward: Focus on 3 areas 1)Talent development In 2019, we nearly doubled our AI workforce to 72,000 from 40,000 the year before. However, the demand continues to outpace the supply. That means our efforts to develop talent must pick up speed. 2) Policies around data Without data, there cannot be AI. However, we need a balanced approach in the way we harness and utilise data. We need a robust legal framework that governs data and serves as the base for the ethical use of AI. 3) Providing the right amount of training data Though the use of digital technologies has gone up, the level of digitisation continues to be low. This poses a big challenge for organisations in finding the right amount of training data to run AI/ML algorithms, which in turn affects the accuracy of the results. Then there is the problem of availability of clean datasets. Organisations need to invest in data management frameworks that will clean their data before they are analysed, thus vastly improving the outcomes of AI models. Consider the question "What is Artificial Intelligence? How it could help in providing a boost to the India economy?" Conclusion The future for AI looks promising but to convert the potential into reality, India will need better strategies around talent development, stronger policies for data usage and governance, and more investments in creating a technology infrastructure that can truly leverage AI. 🍁🍁🍁🍁🍁🍁🍁🍁🍁🍁 Join >> @dailynewscom

Revised height of Mount Everest Nepal and China jointly announced the new height of Mount Everest as 8,848.86 meters. 8,848 metres the answer to one of the most widely popular quiz questions, and a number drilled into the minds of school students around the world for decades, is set for a revision. Mt. Everest Mount Everest or Sagarmatha, Earth's highest mountain above sea level, is located in the Himalayas between China and Nepal -- the border between them running across its summit point. Its current official elevation - 8,848.86m - places it more than 200m above the world's second-highest mountain, K2, which is 8,611m tall and located in Pakistan-occupied Kashmir. The mountain gets its English name from Sir George Everest, a colonial-era geographer who served as the Surveyor General of India in the mid-19th century. Considered an elite climbing destination, Everest was first scaled in 1953 by the Indian-Nepalese Tenzing Norgay and New Zealander Edmund Hillary. Everest's first survey The mission to measure the world's highest peak was taken up on a serious note in 1847 and culminated with the finding of a team led by Andrew Waugh of the Royal Surveyor General of India. The team discovered that 'Peak 15' as Mt Everest was referred to then was the highest mountain, contrary to the then-prevailing belief that Mt Kanchenjunga (8,582 m) was the highest peak in the world. Another belief, prevailing even today, is that 8,840 m is not the height that was actually determined by the 19th-century team. That survey, based on trigonometric calculations, is known as the Great Trigonometric Survey of India. Why is the height being revised? The height of the summit, however, is known to change because of tectonic activity, such as the 2015 Nepal earthquake. Its measurement over the decades has also depended on who was surveying. Another debate is whether the height should be based on the highest rock point or the highest snow point. 🍁🍁🍁🍁🍁🍁🍁🍁🍁🍁 Join >> @dailynewscom

What is Molnupiravir? A new drug called Molnupiravir has been shown to stop the transmission of SARS-CoV-2 in 24 hours. Must read: What is mRNA vaccine? Molnupiravir Molnupiravir is an experimental antiviral drug which is orally active and was developed for the treatment of influenza. It is a drug of the synthetic nucleoside derivative N4-hydroxycytidine, and exerts its antiviral action through introduction of copying errors during viral RNA replication. Molnupiravir is being developed by the biotechnology firm Ridgeback Biotherapeutics in collaboration with pharmaceutical firm Merck. The research team repurposed MK-4482/EIDD-2801 against SARS-CoV-2 and tested it on ferrets. This is the first demonstration of an orally available drug to rapidly block SARS-CoV-2 transmission and it can be a game-changer. 🍁🍁🍁🍁🍁🍁🍁🍁🍁🍁 Join >> @dailynewscom

Good morning, have a nice day ! 10th December 2020 * Useful Alerts * ❇️ * COVID Highlights: * ▪️* Recovery rate improves to 94.66% * ▪️* India’s Active Caseload of 3.78 lakh continues to retreat * ❇️ * PM Modi will lay the Foundation Stone for the New Parliament Building today at 12:30 PM Be a part of the event by registering here: https://pmevents.ncog.gov.in * ❇️ * All the preparations have been made to ramp up production of vaccine and to make it available to each and every person in the shortest possible time: Govt * ❇️ * India in forefront of developing COVID-19 vaccines: Union Minister Dr Harsh Vardhan * ❇️ * Take a quick look into pro-farmer measures by the govt under the leadership of hon’ble PM Shri Narendra Modi since 2014 & how the recent agricultural reforms will help in doubling farmers’ income! https://transformingindia.mygov.in/wp-content/uploads/2020/12/Putting-Farmers-First.pdf * ❇️ * Finance Ministry releases 6th installment of ₹6,000 crore to States to meet GST compensation shortfall * ▪️* A total amount of ₹36,000 crore released so far * ❇️ * Cabinet approves Atmanirbhar Bharat Rojgar Yojana benefiting around 58.5 lakh employees * ❇️ * 9 states complete implementation for One Nation one Ration Card System * ▪️* Reform linked borrowing permission of ₹23,523 crore issued to these States * ❇️ * Team of Foreign Heads of Missions in India visit leading Biotech companies in Hyderabad involved in COVID-19 vaccine development * ❇️ * MSP Operations during Kharif Marketing Season 2020-21 * ▪️* Cotton bales valuing ₹12,150.84 crore has been procured benefitting over 8 lakh farmers * ❇️ * Do you have any inspiring story that Hon'ble PM can share in the next episode of 'Mann Ki Baat' on 27th Dec 2020? Then visit mygov.in or call 1800-11-7800 today! * Join >> @dailynewscom

https://youtu.be/jhAgXHrnaik Mount Everest is now taller than before, Know Reasons. What's the new height of Mt Everest? Why height of Mt Everest changed? (Know all about it in this one single video) Join4pfd- https://t.me/dailynewscom

🌸SYNONYMS of the Day🌸 #SynonymsForCompetitiveExams 61. ANTIPATHY A. dishonesty B. disturbance C. demonstration D. dislike Ans: D 62. APATHY A. negligence B. indifference C. sympathy D. silence Ans: B 63. APEX A. Bottom B. outward C. top D. inward Ans: C 64. APPEAR A. See B. allow C. Seem D. enter Ans: C 65. APPOSITE A. contrary B. Bitter C. appropriate D. misleading Ans: C 66. APPOSITE A. kind B. favourable C. eloquent D. appropriate Ans: D 67. APPRAISE A. accuse B. praise C. appreciate D. judge Ans: D 68. APPREHENDED A. understood B. Arrested C. Feared D. questioned Ans: B 69. APPRISE A. Praise B. inform C. conceal D. assess Ans: B 70. ARCANE A. ancient B. new C. simple D. mysterious Ans: D Join >> @dailynewscom

India China Relations 2020 Recent Border Disputes Pangong Tso Lake, Daulat Begh Oldi Road. https://youtu.be/0F_ZgeZpYSM

📕This day in history:-📕 1. International Anti-Corruption Day is observed on December 9. 2. The India assembly was set up under the leadership of Rajendra Prasad on 1946 December 9. 3. United Arab countries joined the UN system in 1971 on December 9. 💦💦💦💦💦💦💦💦💦💦💦 📕Toda y's Information:-📕 1. Inert gases were discovered by Sir William Ramsay. 2. The first Prime minister of Bangladesh was Tajuddin Ahmad. 3. Mary Anderson invented the windshield wiper blade. 4. Universities in the Presidency towns in India were established in 1857. 5. The Rowlatt Act was passed in 1919. 6. The death of Mughal Emperor Aurangzeb occurred at Ahmednagar. 7. Indias first electric bus service has launched in Himachal Pradesh. 8. The National Statistics Day is being observed every year on 29 June. 9. UNESCO has declared Ahemdabad, the Indian city as World Heritage City. 10. Worlds highest railway bridge was built over Chenab river. 💦💦💦💦💦💦💦💦💦💦💦 Join >> @dailynewscom

Hampi Stone Chariot Part of: GS Prelims and GS-I – Temple and Architecture In news The Archaeological Survey of India (ASI) has taken steps to protect the stone chariot inside Vittala Temple complex at the UNESCO World Heritage site of Hampi, Karnataka. Tourists can no longer get too close to the iconic stone chariot. Important value addition Hampi chariot The chariot inside the temple complex is a shrine dedicated to Garuda, but the sculpture of Garuda is now missing. The Hampi chariot is one among the three famous stone chariots in India. The other two are in Konark (Odisha) and Mahabalipuram (Tamil Nadu). It was built in the 16th century by the orders of King Krishnadevaraya, a Vijayanagara ruler. The delicately carved chariot at Hampi reflects skill of temple architecture under the patronage of Vijayanagara rulers who reigned from 14th to 17th century CE. Vittala Temple It was built in the 15th century during the rule of Devaraya II, one of the rulers of the Vijayanagara Empire. It is dedicated to Vittala. Vittala is said to be an incarnation of Lord Vishnu. Dravidian style adorns the built of the complex, which is further enhanced with elaborate carvings. 🍁🍁🍁🍁🍁🍁🍁🍁🍁🍁 Join >> @dailynewscom

Ayush Export Promotion Council to be set up Part of: GS Prelims and GS-II – Policies and interventions; Health & GS-III – Trade In news Ministry of Commerce and Industry and Ministry of AYUSH have decided to set up an AYUSH Export Promotion Council to boost AYUSH exports. Key takeaways Both Ministries will work together for establishing an AYUSH Export Promotion Council (AEPC). The proposed AEPC can be housed at Ministry of AYUSH. Standardisation of HS code for AYUSH will be expedited. Ministry of AYUSH will work in collaboration with Bureau of Indian standards to develop international standards for AYUSH products as well as services. AYUSH industry will work on ensuring quality and standards of AYUSH products as well as to become price-competitive. AYUSH will also figure in the Brand India activities. 🍁🍁🍁🍁🍁🍁🍁🍁🍁🍁 Join >> @dailynewscom

Petroleum Board’s notifies New Unified Tariff Structure Part of: GS Prelims and GS-III – Economy In news The Petroleum and Natural Gas Regulatory Board (PNGRB) has notified a new tariff structure for 14 natural gas pipelines. The aim is to reduce the cost of natural gas for users further away from sources of natural gas and LNG terminals on the west coast of the country. Key takeaways Under the new unified tariff structure, buyers will be charged a fixed tariff for the transport of gas within 300 kms of a source and a fixed tariff for the transport of gas beyond 300 kms on a single pipeline network. This would be significantly cheaper for buyers further away from the source of gas who were earlier charged on the basis of the number of pipelines used and the distance from the source of gas. Therefore, a buyer using multiple pipelines would likely benefit significantly from this change. The changes in the tariffs will likely incentivise greater investment into gas transmission infrastructure as natural gas becomes more affordable for users further away from the west coast of the country. Do you know? The Indian government is aiming to boost the consumption of natural gas which currently accounts for 6.2% of India’s energy basket to 15% by 2030. 🍁🍁🍁🍁🍁🍁🍁🍁🍁🍁 Join >> @dailynewscom