10 PM Current Affairs Quiz : October 10, 2018

IMF is an international organization.

It consists of 189 countries. It is headquartered in Washington, D.C.

It is  working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

• The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India.
• SEBI get statutory power through the SEBI Act, 1992.
• SEBI is regulating the commodity market since 2015.
• MCX is a commodity exchange where commodities are traded.
• Earlier commodities markets are regulated by Forward Market Commission.
• Forward Market Commission works under the purview of Ministry of Finance.

Statement 1 is wrong: The Union Cabinet has approved the merger of the existing regulatory institutions in the skills space – National Council for Vocational Training (NCVT) and the National Skill Development Agency (NSDA) into the National Council for Vocational Education and Training (NCVET).

Statement 2 is correct:NCVET will regulate the functioning of entities engaged in vocational education and training, both long-term and short-term and establish minimum standards for the functioning of such entities. The primary functions of NCVET will include –

• recognition and regulation of awarding bodies, assessment bodies and skill related information providers;
• approval of qualifications developed by awarding bodies and Sector Skill Councils (SSCs);
• indirect regulation of vocational training institutes through awarding bodies and assessment agencies;
• research and information dissemination;
• grievance redressal.

Cabinet approves Productivity Linked Bonus for Railway Employees

Productivity Linked Bonus (PLB) equivalent to 78 days’ wages for the financial year 2017-18 for all eligible non-gazetted Railway employees.

Railways were the first departmental undertaking of the Government of India wherein the concept of PLB was introduced in the year 1979-80. The main consideration at that time was the important role of the Railways as an infrastructural support in the performance of the economy as a whole. In the overall context of Railway working, it was considered desirable to introduce the concept of PLB as against the concept of Bonus on the lines of ‘The Payment of Bonus Act – 1965’

Disscuss the concerns raised against India’s inclination which are more towards Iran than rest of the countries in the Arab world.

Canine Distemper Disease is a contagious and serious disease caused by a canine distemper virus (CDV)  that attacks the respiratory, gastrointestinal and nervous systems of puppies and dogs. It has also been found in foxes, wolves, raccoons,red pandas, lions, tigers, leopards and other wild cats as well as seals.

Spread:  CDV is transmitted through air as well as infected body secretions, shared food and water bowls and equipment and  through the placenta of mother to its baby.

Treatment:  There is no cure for canine distemper infection.  Treatment typically consists of supportive care and efforts to prevent secondary infections; control vomiting, diarrhea and neurologic symptoms; and combat dehydration through administration of fluids. Animals infected with canine distemper are separated from other animals to minimize the risk of further infection.

National Institute of Virology is one of the major Institutes of the Indian Council of Medical Research (ICMR)  in Pune for intensive training and research in virology in our country.

NIV is the National Monitoring Center for Influenza, Japanese encephalitis, Rota, Measles and Hepatitis.