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Daily Quick Revision Current affairs || 5 November 2019

Skills Build Platform
•Ministry of Skill Development & Entrepreneurship launches Skills Build platform in Collaboration with IBM
•As part of the programme, a two-year advanced diploma in IT, networking and cloud computing, co-created and designed by IBM, will be offered at the Industrial Training Institutes (ITIs) & National Skill Training Institutes (NSTIs)
•Students will learn foundational knowledge about digital technologies, as well as professional skills such as resume-writing, problem solving and communication.
Regional Comprehensive Economic Partnership (RCEP);-{b/w ASEAN+6}
~aims to boost goods trade by eliminating most tariff & non-tariff barriers — a move that is expected to provide the region’s consumers greater choice of quality products at affordable rates
•India has expressed its concerns over lowering and elimination of tariffs on products from other countries, as it would negatively affect the domestic agricultural and industrial sector.[it would make its exports price uncompetitive with other RCEP members’ exports]
•India’s trade deficit with the RCEP nations is $105 billion, of which China alone accounts for $54 billion.
•The worry is also over Chinese manufactured goods and dairy products from New Zealand flooding Indian markets, hurting domestic interests.
•Farmers fear that the RCEP will permanently bring down import duties on most agricultural commodities to zero which will lead to countries looking to dump their agricultural produce in India which would lead to a drastic drop in prices
Agreement on Reciprocal Logistics Support (ARLS)
•India and Russia are finalising a defence agreement that will simplify interoperability and enable military platforms to receive support and supplies across bases in both nations
•This will be beneficial for the Indian Navy, which has a large number of Russian origin ships, that will get access to Russian ports for supplies and refueling. It would be crucial for joint exercises
[It is an arrangement that will allow access to India and Russia, to each other’s military facilities for supplies and fuel]
NBFC liquidity norms
•RBI's guidelines are applicable to all non deposit-taking NBFCs with an asset size of ₹100 crore and above, systemically important Core Investment Companies and all deposit-taking NBFCs irrespective of their asset size.
•NBFCs are mandated to maintain liquidity coverage ratios (LCR). LCR will promote resilience of NBFCs to potential liquidity disruptions by ensuring that they have sufficient High Quality Liquid Assets (HQLA) to survive any acute liquidity stress scenario lasting for 30 days.
Navigation with Indian Constellation (NavIC)
•It is a regional system (consist of seven satellites) to provide position information in the Indian region & 1500 km around the Indian mainland
•Antrix, the commercial arm of ISRO has recently floated two separate tenders to identify industries that can develop dedicated NavIC-based hardware and systems.
•Having a global navigation system bolsters the ability of a nation to serve as a net security provider,[ It can also play a significant role in relief efforts post disasters such as the tsunami in the Indian Ocean region in 2004 and the Pakistan-India earthquake in 2005]
ICEDASH and ATITHI for improved customs clearance
•Has been launched for improved monitoring and pace of customs clearance of imported goods and facilitating arriving international passengers
ICEDASH : is an Ease of Doing Business monitoring dashboard of the Indian Customs helping the public see the daily Customs clearance times of import cargo at various ports and airports.
ATITHI app will facilitate hassle-free and faster clearance by Customs at the airports
Polypedates bengalensis: Hide — uploads.disquscdn.com
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•It is a newly discovered frog species from West Bengal.
•Also known as the Brown Blotched Bengal Tree Frog
•The frog’s body colour is yellowish-brown to greenish-brown

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