10 PM Current Affairs Quiz #12 September 14, 2019

Explanation: The Defense Acquisition Council (DAC), chaired by Defense Minister. The objective of the Defense Acquisition Council is to ensure expeditious procurement of the approved requirements of the Armed Forces in terms of capabilities sought, and time frame prescribed, by optimally utilizing the allocated budgetary resources.
•in-principle approval of 15 Year Long-Term Integrated Perspective Plan for Defence Forces,
•accord of Acceptance of Necessity to acquisition proposals,
•categorization of the acquisition proposals relating to ‘Buy’, ‘Buy & Make’ and ‘Make’,
•issues relating to Single vendor clearance,
•Decision regarding ‘offset’ provisions in respect of acquisition proposals above Rs. 300 crores.

Explanation: Argentina wants Indian industrialists to set up lithium ion battery factories in their country said Daniel Chuburu, Ambassador of the Argentine Republic, on Friday.
Delivering his special address at the conference on e-Mobility organised by the Confederation of Indian Industry (CII) in the city, Mr. Chuburu said the demand for lithium ion batteries was increasing as several countries including India are giving a push towards electric vehicles. Argentina has lithium mines for producing high quality lithium ion batteries and has proposed to increase the production capacity from 39 million tonnes to 290 MT by 2023.

Explanation: A two-week long United Nations-led Conference to Combat Desertification (UNCCD) ended with a commitment to achieve land degradation neutrality by 2030. Such neutrality is defined by the U.N. as ensuring that enough land is available across the world to ensure a sustainable future.
The Delhi Declaration, a consensus document, agreed upon by more than 100 countries “welcomed” the proposed adoption of a “voluntary” land degradation neutrality target by India, which has committed to restoring at least 26 million hectares of degraded land by 2030. The Declaration doesn’t detail commitments by other countries.
Almost 122 nations, including India, have made voluntary commitments in previous years to ensure that a certain percentage of their degraded land was restored. India had agreed, again on a voluntary basis, to restore 20 million hectares by 2020. Nearly 96 million hectares of land is deemed ‘degraded’ in India.

Explanation: Aeronautical Development Agency (ADA) is a Society under the Department of Defence Research and Development, Ministry of Defence, Government of India. To undertake, aid, promote, guide, manage, co-ordinate and execute research in aeronautical science, design and development of various types of aircraft and rotorcraft. As the first task, the Society was entrusted with the design and development of a multirole Light Combat Aircraft to meet the requirements of Indian Air Force. While progressing the task of LCA development, ADA has also been assigned the task of studies for the Project definition Phase (PDP) of the naval variant of LCA, exploitation of resources created in the LCA programme for earning revenue is also being attempted. The LCA is being designed and developed with ADA as the nodal agency and with the participation of more than 100 work-centres spread all over the country. Hindustan Aeronautics Limited (HAL) is the principal partner in LCA development. Several establishments of Defence Research and Development Organisation (DRDO), CSIR, other Government laboratories, Public Sector Undertakings, private industries, academic institutions, Indian Air force and Government Certifying Agencies are participating in the programme as technology development partners.

Explanation: Directorate General of Foreign Trade (DGFT) organisation is an attached office of the Ministry of Commerce and Industry and is headed by Director General of Foreign Trade. Right from its inception till 1991, when liberalization in the economic policies of the Government took place, this organization has been essentially involved in the regulation and promotion of foreign trade through regulation. Keeping in line with liberalization and globalization and the overall objective of increasing of exports, DGFT has since been assigned the role of “facilitator”. The shift was from prohibition and control of imports/exports to promotion and facilitation of exports/imports, keeping in view the interests of the country.