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Wednesday, August 28, 2019

Prelims booster(Micro notes), current affairs with static portion -28 August 2019

G7

  • The 45th edition of G7 Summit is currently being held in France.
  •  intergovernmental organisation that was formed in 1975
  • The G7 or ‘Group of Seven’ are Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States
  •  G7 does not have a formal constitution or a fixed headquarters
  • decisions taken by leaders during annual Summits are non-binding
G20
G20
G20
  • The G20 was formed in 1999 to address global economic concerns
  • Apart from the G7 countries, the G20 comprises Argentina, Australia, Brazil, China, India, Indonesia, Mexico, Russia, Saudi Arabia, South Africa, South Korea, and Turkey.
  • India is selected to host a G20 summit in 2022.



Advisory Board for Banking Frauds (ABBF)
  • Central Vigilance Commission (CVC) has constituted an ‘Advisory Board for Banking Frauds (ABBF)’ to examine bank fraud of over ₹50 crore and recommend action.
  • Besides the chairman, the Board consists of three other members.
Conservation of Otters
  • The 18th Conference of the Parties (CoP18) of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES)was recently held in Geneva
  • Members at the Conference have voted to move the smooth-coated otter(Lutrogale perspicillata) from CITES Appendix II to CITES Appendix I
  •  CITES is as an international legally binding agreement 
CITES Appendix:
  • Appendix I includes species “threatened with extinction”. Trade in specimens of these species is permitted only in exceptional circumstances.
  • Appendix II provides a lower level of protection.
  • Appendix III contains species that are protected in at least one country, 
Open Acreage Licensing Policy
  •  part of the Hydrocarbon Exploration and Licensing Policy, provides uniform licences for exploration and production of all forms of hydrocarbons
  • Fields are offered under a revenue-sharing model
    National Digital Library(NDL)
  • Human Resource Development Ministry under its National Mission on Education through Information and Communication Technology launched NDL in 2018
  • NDL is a digital repository containing textbooks, articles, videos, audio books, lectures, simulations, fiction and all other kinds of learning media.
  • NDL has been integrated with UMANG App(Unified Mobile Application for New-age Governance developed by Ministry of Electronics and Information Technology (MeitY)and National e-Governance Division (NeGD) to drive Mobile Governance in India,single platform for all Indian Citizens)
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