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Current Affairs 2017

Mathematician Yves Meyer has been awarded the Abel Prize for 2017

The Norwegian Academy of Science and Letters has awarded the Abel Prize for 2017 to mathematician Yves Meyer of the Ecole normale superieure Paris-Saclay, France, for his “pivotal role in the development of mathematical theory of wavelets.” The theory of wavelets that he started and made fundamental contributions to finds wide-ranging applications from image processing to fluid dynamics.

Employment News

14 Rapid Ord Unit C/o 56 APO, Pin-909014 invites applications for Tradesmen Mate 18 posts (UR-14, SC-02, OBC-02) Fireman 01 post (OBC) Refer website or Employment News dated 11-17 March 2017...

What is Budget?

Budget is also called the Annual Financial Statement. This is the main budget document. Under Article 112 of the Constitution, a statement of estimated receipts and expenditure of the government of India has to be laid before Parliament for every financial year. This statement shows the receipts and payments of Government under the three parts in which Government accounts are kept: (1) Consolidated Fund (2) Contingency Fund and (3) Public Account.

What is Revenue Budget?

This consists of the revenue receipts of the government (tax revenues and other revenues) and the expenditure met from these revenues. Tax revenues comprise proceeds of taxes and other duties levied by the Union. Other revenues are receipts of the government mainly consisting of interest and dividend on investments made by government fees and receipts for other services rendered by the government. Revenue Expenditure is expenditure for the normal running of government departments and various services, interest charges on debt incurred by government, subsidies and so on. Broadly speaking, expenditure which does not result in the creation of assets is treated as revenue expenditure. All grants given to state governments and other parties are also treated as revenue expenditure even though some of the grants may be for creation of assets.

What is Capital Budget?

This consists of capital receipts and payments. It also incorporates transactions in the Public Account. Capital receipts are loans raised by government from the public which are called market loans, borrowings by government from Reserve Bank and other parties through sale of Treasury Bills, loans received from foreign bodies and governments and recoveries of loans granted by Central government to state and Union territory governments and other parties. Capital payments consists of capital expenditure on acquisition of assets like land, buildings, machinery, equipment, as also investments in shares, loans and advances granted by central government to state and union territory governments, government companies, corporations and other parties.

The Paris Agreement on climate change 2016

The historic agreement on climate change on 22nd April 2016 marked a milestone, with a record 175 countries, including India, signing it. The Paris Agreement on climate change is a milestone in global climate cooperation. It is meant to enhance the implementation of the Convention and recognizes the principles of equity and common but differentiated responsibilities and respective capabilities in the light of different national circumstances. The salient features of the Paris Agreement are as follows: The Paris Agreement acknowledges the development imperatives of developing countries. The Agreement recognizes the developing countries' right to development and their efforts to harmonize development with environment, while protecting the interests of the most vulnerable.The Paris Agreement recognizes the importance of sustainable lifestyles and sustainable patterns of consumption with developed countries taking the lead, and notes the importance of 'climate justice’ in its preamble.The ...

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Where is world largest solar telescope developed?

India's remotely controlled terrestrial solar telescope, which will be the largest of its kind in the world will be operational by 2013. A high-resolution two-metre class solar telescope be placed soon to help scientists study the sun. The solar telescope will developed by the Indian Institute of Astrophysics in Banglore in collaboration with the Inter-University Centre for Astronomy and Astrophysics Pune and the Aryabhatta Research Institute of Observational Sciences, Nainital. The remotely controlled terrestrial solar-telescope, which will have a 2-metre diameter aperture, is the biggest and the initial cost of developing the telescope will be about Rs.150 crore. The institute is evaluating the Indian Astronomical Observatory in Hanle (Ladakh), Leh (Ladakh) and Devasthal (near Nainital) as possible location for housing the telescope. A team of about 30 to 40 scientists are working for the Development of the project. The telescope has to be located in a place where the ...

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History of Indian Cinema

India's first film "Raja Harischandra", a silent movie was first screened at Bombay's (Mumbai) Coronation Theater on May 3, 1913. It was made by Dadasaheb Phalke, the father of Indian Cinema. It was Phalke who introduced India to world cinema at a time when working in films was restricted by social customs. After the success of his film 'Raja Harishchandra', several filmmakers in Bombay and Madras began making silent films. By the mid 1920s, Madras had become the epicenter for all film related activities. Raghupathi Venkaiah Naidu, S S Vasan, A V Meiyappan set up production houses in Madras to shoot Telugu and Tamil films. The silent era came to an end when Ardeshir Irani produced his first talkie, 'Alam Ara' in 1931. If Phalke was the father of Indian cinema, Irani was the father of the talkie. The talkies changed the face of Indian cinema. Apart from looks, the actors not only needed a commanding voice but also singing skills, as music became a defining element in Indian cinema. The ...

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Career Scope in Advertising Industry

Advertising world has led to the emergence of many new roles within the advertising profession. In the new edge of ad world, advertising goes beyond its conventional approach. For the non-conventional and conventional advertising approach, Industry requires well groomed people who can develop innovative and creative new idea. Flexibility and competence is must for the industry as the Ad World is highly creative as well as dynamic. Advertising careers are diverse and can run across a variety of departments, offering positions in the fields of creative departments, production, media, and research. The ultimate goal is to meet the client’s goals of increasing sales as much as possible. Public relations services are often involved with businesses, governments, and institutions and can help them make effective decisions. Students of an advertising school may choose to pursue a career as a: Advertising Media PlannerMedia ResearcherCreative DepartmentCopywriter/IllustratorAccount PlanningPr ...

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