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DAILY DOSE 18th MARCH -2024 CURRENT AFFAIRS
History: 18th March
Ordnance Factories Day 2024 in India
- Ordnance Factories Day is observed every year on March 18th. This year, it falls on a Monday. Ordnance. Factories Day is a special day celebrated in India to honour the Indian Ordnance Factories that provide arms and ammunition to the Indian Armed Forces
- In 1922, British magistrates in India sentenced Mahatma Gandhi to 6 years imprisonment for disobedience.
- 18-March-1953, Backward Classes Commission inaugurated.
1) One Nation One Election : Committee Proposed Changes
- The High-Level Committee on One Nation, One Election, led by former President Ram Nath Kovind, has proposed significant changes to enable synchronized elections across India.
- One Nation One Election is a proposal to synchronize the timing of all elections in India, including those for the Lok Sabha, state legislative assemblies, and local bodies.
- The aim is to streamline the electoral process, reduce campaign expenditures, minimize disruptions to governance, and enhance political stability by holding all elections simultaneously at regular intervals, typically once every five years.
- One Nation One Election was the norm until 1967 but after that cycle was broken.
- Earlier Law Commission also recommended the idea of ONOE in its report.
Key Recommendations of the High-Level Committee:
- Synchronize Lok Sabha and State Legislative Assemblies (SLA) elections first, followed by Municipalities and Panchayats elections (M&PE).
- Amendments in Article 324A are required for this synchronization, but states’ ratification is not necessary.
- The amendments needed for simultaneous elections are outside the scope of Article 368(2) and thus don’t require ratification by the states.
- Municipal and Panchayat elections should be held within 100 days of Lok Sabha and State elections.
- For Lok Sabha, fresh elections should be held with tenure limited to the unexpired term of the previous Lok Sabha.
2) PM-SURAJ Scheme:
- The Ministry of Social Justice and Empowerment launched the ‘Pradhan Mantri Samajik Utthan and Rozgar Adharit Jankalyan’ (PM-SURAJ) national portal online aimed at offering credit support to the marginalized segments of society, with the Prime Minister as the Chief Guest.
- The PM distributed Ayushman Health Cards and Personal Protective Equipment to Safai Mitras(sewer and septic tank workers), under the National Action for Mechanised Sanitation Ecosystem (NAMASTE) scheme, which was previously a rehabilitation scheme for manual scavengers.
- The ‘PM-SURAJ’ national portal aims to uplift the most marginalized sections of society and provide credit assistance to one lakh entrepreneurs from disadvantaged communities.
- It is implemented by the Ministry of Social Justice and Empowerment and its departments.
3) ETHANOL 100 : Launched
- The Union Minister for Petroleum & Natural Gas and Housing and Urban Affairs, launched ‘ETHANOL 100’.
- ETHANOL 100 fuel has high-octane rating, typically between 100-105. It proves ideal for high-performance engines, ensuring improved efficiency and power output all while minimizing environmental impact.
- ETHANOL 100’s versatility shines through, as it can be used in a wide array of vehicles, including flex-fuel vehicles (FFVs) designed to run on gasoline, ethanol or any blend of the two.
- Its practicality and potential to become a mainstream fuel option with the right infrastructure in place.
- It includes 93-93.5 percent ethanol blended with 5 percent petrol and 1.5 percent co-solvent, which is a binder.
4) Noctis Volcano : Massive Volcano On Mars
- Scientists recently discovered a massive volcano on Mars, temporarily designated ‘Noctis volcano’, with the possible remains of a relict glacier at its base.
- Noctis Volcano is a newly-discovered volcano located just south of Mars’ equator, in Eastern Noctis Labyrinthus, west of Valles Marineris, the planet’s vast canyon system.
- The volcano sits on the eastern edge of a broad regional topographic rise called Tharsis, home to three other well-known giant volcanoes: Ascraeus Mons, Pavonis Mons, and Arsia Mons.
- The central summit area is marked by several elevated mesas forming an arc, reaching a regional high and sloping downhill away from the summit area.
5) Hemoglobin A1C (HbA1C) Test:
- According to a nationwide study, India is estimated to have 10.13 crore people with diabetes and another 13.6 crore people who are pre-diabetic.
- Hemoglobin A1C (HbA1C) Test is one of the most commonly-used tests to diagnose pre-diabetes and diabetes (both type 1 and type 2) and to help manage diabetes.
- It is also known as the glycated haemoglobin or glycosylated haemoglobin test.
- It is an important blood test that gives a good indication of how well your diabetes is being controlled.
- Hemoglobin is the part of your red blood cells that carries oxygen from your lungs to the rest of your body.
- Sugar enters your bloodstream from the food you eat.
- The sugar or glucose, attaches to the haemoglobin in your red blood cells.
6) ULLAS Initiative:
- The Ministry of Education is set to conduct the Foundational Literacy and Numeracy Assessment Test (FLNAT) as part of the ULLAS – Nav Bharat Saaksharta Karyakram.
- The Understanding Lifelong Learning for All in Society (ULLAS) initiative is poised to revolutionise education and literacy across the nation.
- It is done by fostering a learning ecosystem that reaches every individual, bridging the gaps in basic literacy and critical life skills.
- It imparts basic education, digital and financial literacy and critical life skills to citizens aged 15 and above who lost on the opportunity to go to school. It is being implemented through volunteerism.
7) T+0 settlement : SEBI
- The Securities and Exchange Board of India (SEBI) recently approved the launch of the beta version of the T+0 settlement on an optional basis.
- T+0 Settlement means that the funds and securities for a transaction will be settled on the day the trade was entered.
- At present, the Indian securities markets operate on a T+1 settlement cycle, where the settlement happens on the next day of trade.
- In 2002, the regulator cut down the settlement period from T+5 to T+3, and in 2003, SEBI further reduced it to T+2. In 2021, the T+1 settlement started and was gradually implemented, with the final phase completed in January 2023.
8) Krystyna Pyszkova of Czech Republic Wins Miss World 2024:
- Krystyna Pyszkova from the Czech Republic won the Miss World 2024 title at the 71st Miss World Pageant held in Jio World Convention Centre in Mumbai, Maharashtra.
- Yasmina Zaytoun of Lebanon secured the 1st runner up position.
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