16 March 2019

National Supercomputing Mission (NSM)
{IIT Kharagpur has signed an MoU with Centre for Development of Advanced Computing (C-DAC)}
~The Mission envisages empowering national academic and R&D institutions spread over the country by installing a vast supercomputing grid comprising of more than 70 high-performance computing facilities
Domestic systemically important bank
~D-SIB means that the bank is too big to fail. According to the RBI, some banks become systemically important due to their size, cross-jurisdictional activities, complexity and lack of substitute and interconnection.
[ Banks whose assets exceed 2% of GDP are considered part of this group.]
•The too-big-to-fail tag also indicates that in case of distress, the government is expected to support these banks
•RBI categorises IDBI Bank as Private Sector Bank; SBI, ICICI and HDFC remain Systemically Important Banks
Gurkhas of the British Army
~British Army announced this week that it would create a new Specialised Infantry Battalion by recruiting more than 800 Nepalese Gurkha servicepersons this year.
•Impressed by their discipline and ferocity in Anglo-Nepalese War of 1814-16, the British decided to recruit Gurkha soldiers starting in 1815.
[ Since then, the Gurkhas have fought on the side of the British Empire in almost every war, including both World Wars]
Financial Stability and Development Council (FSDC);-
~was set up in 2010 to strengthen & institutionalise the mechanism for maintaining financial stability, enhancing inter-regulatory coordination & promoting financial sector development
•Chaired by the "Union Finance Minister"
Pilibhit Tiger Reserve (PTR);-{in UP}
~PTR is in the foothills of the Himalayas, south of Nepal. Covering an area of approximately 800 square kilometres, the reserve sprawls across parts of Pilibhit, Lakhimpur Kheri and Bahraich districts.
•Uttar Pradesh begins otter census. Beginning in the Pilibhit Tiger Reserve (Otters are an important part of the forest ecosystem. A thriving population of otters means a healthy ecosystem.)
Hypocolius (Hypocolius ampelinus) View — uploads.disquscdn.com 
~a small migratory bird that usually makes its home in West Asia and North Africa and is a regular visitor to Kutch [has been sighted in Western Rajasthan for the first time on March 4, 2019.]
•IUCN Red List ::“least concern”
District mineral foundations
•DMFTs which have been set up in various mining districts, including all districts of Chhattisgarh, have a two-tier administrative structure, a Governing Council (GC) and a Managing Committee (MC) with differential responsibilities.
• The idea of a two-tier structure was to have appropriate checks and balances in decision-making
[ as non-profit trusts to work for the interest and benefit of persons and areas affected by mining-related operations.]
powerful bomb cyclone has impacted several part of the US causing heavy floods.
•term is used by meteorologists to indicate a mid-latitude cyclone that intensifies rapidly.
•Hurricanes are tropical storms that form over the North Atlantic Ocean and Northeast Pacific


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