Current Affairs in Short: 18 October 2018
The Reserve Bank of India (RBI) released operational guidelines to facilitate payments among prepaid instruments (PPI) such as mobile wallets. The guidelines elaborate on requirements for achieving inter-operability for mobile wallets and cards, and norms for customer protection and grievance redressal.
Former Uttarakhand Chief Minister ND Tiwari passes away
• Former Uttarakhand Chief Minister ND Tiwari, who suffered multiple organ failure in July 2018, passes away on October 18, 2018 on his 93rd birthday at Delhi's Max Hospital, where he had been admitted since September 2017. He was 93.
• Tiwari joined the Congress in 1963 and was the only Indian politician to have served as Chief Minister of two states, Uttar Pradesh and later Uttarakhand.
• While in power, he helped lead the Congress to victory in the state elections held months after Indira Gandhi’s assassination. However, Rajiv Gandhi replaced him within months of the victory.
• Tiwari was elected to both Houses of Parliament during his days in the Congress. In 1980, he was elected to the 7th Lok Sabha.
• Tiwari also served as Governor of Andhra Pradesh between 2007 and 2009.
RBI issues guidelines to facilitate payments among PPI
• The Reserve Bank of India (RBI) released operational guidelines to facilitate payments among prepaid instruments (PPI) such as mobile wallets.
• The guidelines elaborate on requirements for achieving inter-operability for mobile wallets and cards, and norms for customer protection and grievance redressal.
• Inter-operability among mobile wallets, and between bank account and e-wallet would be enabled through the UPI system.
• The inter-operability shall be facilitated to all KYC-compliant PPI accounts and entire acceptance infrastructure.
• The inter-operability would be achieved in a phased manner.
• Paytm, MobiKwik, Oxigen and Ola Money are some of the popular mobile wallets in the country.
• Currently, a mobile wallet does not allow customers to send or receive money from a wallet run by another company.
Prasar Bharti CEO Shashi Shekhar Vempati distributes Rajbhasha awards
• Prasar Bharti CEO Shashi Shekhar Vempati distributed Rajbhasha awards to Prasar Bharti employees in New Delhi.
• The awards were given for the various competitions held during Hindi Pakhwada organized by Prashar Bharti Secretariat.
• Vempati asked employees to increase the use of Hindi in day-to-day work.
• He also said that common Hindi words should be used instead of difficult words.
Vice President leaves for Belgium to attend 12th ASEM Summit
• Vice President M Venkaiah Naidu left for Belgium to attend the two-day 12th Asia-Europe Meeting (ASEM) in Brussels.
• The theme of the ASEM Summit is ‘Global Partners for Global Challenges’.
• The bi-annual event is considered the highest platform for dialogue and cooperation between Asia and Europe in the areas of trade, investment, security and tourism.
• As many as 51 Heads of States or Heads of Government are expected to participate in the Summit where a wide range of issues from climate change to terrorism are expected to be discussed.
• This will be the first multi-lateral summit the Vice President will be attending after taking office in August 2017.
• The Vice President will also participate in the Plenary Session and have interactions with various stakeholders.
• The Vice President will also address the Indian Diaspora at the Jain Culture Centre in Wilrijk, Antwerp and pay respects and offer floral tribute at a sculpture of Mahatma Gandhi located in the Governorate at Antwerp.
Indian Navy augments Submarine Rescue capability
• The Western Naval Command of Indian Navy successfully concluded the maiden trials of the Deep Submergence Rescue Vehicle (DSRV).
• The DSRV, which is operated by a crew of three, can rescue 14 personnel from a disabled submarine at one time.
• On October 15, 2018, the DSRV carried out under water mating with a bottomed submarine at over 300 feet depth. On successful mating the DSRV opened its hatches and carried out transfer of personnel from the submarine to the DSRV.
• These sea trials prove DSRV’s ability to undertake rescue operations from disabled submarines at sea and have provided the Indian Navy with a critical capability.
• During the trials the DSRV also dived successfully up to 666 m. This is a record for deepest submergence by a ‘manned vessel’ in Indian waters.
• The DSRV crew has also carried out ROV operations at over 750 metres and Side Scan Sonar operations at over 650 metres, which are all ‘firsts’ for the Indian Navy.
CSIR develops affordable Water Disinfection System “OneerTM”
• The Council of Scientific and Industrial Research - Indian Institute of Toxicology Research (CSIR-IITR) of Lucknow developed an innovative technology for “Drinking Water Disinfection System” with Trade name “OneerTM” which was transferred to Bluebird Water Purifiers.
• OneerTM is useful for continuous treatment of water and eliminates all disease causing pathogens such as virus, bacteria, fungi, protozoa and cyst to provide safe drinking water as per National and International standards prescribed for potable water.
• Infection through drinking water results in an increase in morbidity and mortality particularly amongst children and Oneer developed by CSIR-IITR will provide access to safe and clean drinking water at a cost of just 2 paise per litre.
• It is of 450 LPH capacity which can be scaled up to 5000 to 1 lakh litre per day and is also maintenance and membrane free.
• The technology will be helpful especially for rural people since it can be solar powered and this development is in line with the ‘Make in India’ initiative.
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