Famous Quote

Truth and Non-violence is my God

M. K. Gandhi

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 Kyoto Protocol?

The Kyoto Protocol is an international agreement linked to the United Nations Framework Convention on Climate Change. The major feature of the Kyoto Protocol is that it sets binding targets for 37 industrialized countries and the European community for reducing greenhouse gas (GHG) emissions .These amount to an average of five per cent against 1990 levels over the five-year period 2008-2012.

The major distinction between the Protocol and the Convention is that while the Convention encouraged industrialized countries to stabilize GHG emissions, the Protocol commits them to do so.

Recognizing that developed countries are principally responsible for the current high levels of GHG emissions in the atmosphere as a result of more than 150 years of industrial activity, the Protocol places a heavier burden on developed nations under the principle of "common but differentiated responsibilities."

The Kyoto Protocol was adopted in Kyoto, Japan, on 11 December 1997 and entered into force on 16 February 2005. The detailed rules for the implementation of the Protocol were adopted at COP 7 in Marrakesh in 2001, and are called the "Marrakesh Accords."

The Kyoto mechanisms

Under the Treaty, countries must meet their targets primarily through national measures. However, the Kyoto Protocol offers them an additional means of meeting their targets by way of three market-based mechanisms. The Kyoto mechanisms are:

  • Emissions trading – known as "the carbon market"
  • Clean development mechanism (CDM)
  • Joint implementation (JI)

The mechanisms help stimulate green investment and help Parties meet their emission targets in a cost-effective way.

Monitoring emission targets

Under the Protocol, countries' actual emissions have to be monitored and precise records have to be kept of the trades carried out.

Registry systems track and record transactions by Parties under the mechanisms. The UN Climate Change Secretariat, based in Bonn, Germany, keeps an international transaction log to verify that transactions are consistent with the rules of the Protocol.

Reporting is done by Parties by way of submitting annual emission inventories and national reports under the Protocol at regular intervals.

A compliance system ensures that Parties are meeting their commitments and helps them to meet their commitments if they have problems doing so.

Adaptation

The Kyoto Protocol, like the Convention, is also designed to assist countries in adapting to the adverse effects of climate change. It facilitates the development and deployment of techniques that can help increase resilience to the impacts of climate change.

The Adaptation Fund was established to finance adaptation projects and programmes in developing countries that are Parties to the Kyoto Protocol. The Fund is financed mainly with a share of proceeds from CDM project activities.

The road ahead

The Kyoto Protocol is generally seen as an important first step towards a truly global emission reduction regime that will stabilize GHG emissions, and provides the essential architecture for any future international agreement on climate change.

By the end of the first commitment period of the Kyoto Protocol in 2012, a new international framework needs to have been negotiated and ratified that can deliver the stringent emission reductions the Intergovernmental Panel on Climate Change (IPCC) has clearly indicated are needed.

Padma Awards 2017

This year the President of India has approved conferment of Padma Awards to 89 persons as per the list below. The list comprises of 7 Padma Vibhushan, 7 Padma Bhushan and 75 Padma Shri Awardees. 19 of the awardees are women and the list also includes 5 persons from the category of foreigners, NRIs, PIOs and 6 Posthumous awardees. Padma Vibhushan Name Field State Shri K J Yesudas Art-Music Kerala Sadhguru Jaggi Vasudev Others-Spiritualism Tamil Nadu Shri Sharad Pawar Public Affairs Maharashtra Shri Murli Manohar Joshi Public Affairs Uttar Pradesh Prof. Udipi Ramachandra Rao Science & Engineering Karnataka Late Shri Sunder Lal Patwa (Posthumous) Public Affairs Madhya Pradesh Late Shri PA Sangma(Posthumous) Public Affairs Meghalaya Padma Bhushan Name Field State Shri Vishwa Mohan Bhatt Art-Music Rajasthan Prof. (Dr.) Devi Prasad Dwivedi Literature & Education Uttar Pradesh Shri Tehemton Udwadia Medicine Maharashtra Shri Ratna Sundar Maharaj Others-Spi ...

More Details

What is credit rating?

A credit rating assesses the credit worthiness of an individual, corporation, or even a country. Credit ratings are calculated from financial history and current assets and liabilities. Typically, a credit rating tells a investor the probability of the subject being able to pay back a loan. However, in recent years, credit ratings have also been used to adjust insurance premiums, determine employment eligibility, and establish the amount of a utility or leasing deposit. A rating is an opinion of the credit rating agency (CRA), on the future ability and legal obligation of the company whose instrument is being rated, to make timely payments of principal and interest on the obligation. The rating measures the probability that the issuer will default on the security over the life of the instrument being rated, this is expressed by means of a symbol. What are the factors that influences a person's credit rating? Ability to pay a loan Interest Amount of credit used Saving patterns ...

More Details

Human Genome

The human genome is the genome of Homo sapiens, which is stored on 23 chromosome pairs. Twenty-two of these are autosomal chromosome pairs, while the remaining pair is sex-determining. The haploid human genome occupies a total of just over 3 billion DNA base pairs. The haploid human genome contains ca. 23,000 protein-coding genes, far fewer than had been expected before its sequencing. In fact, only about 1.5% of the genome codes for proteins, while the rest consists of non-coding RNA genes, regulatory sequences, introns, and (controversially named) "junk" DNA The Human Genome Project (HGP) produced a reference sequence of the euchromatic human genome, which is used worldwide in biomedical sciences. Genes Surprisingly, the number of human genes seems to be less than a factor of two greater than that of many much simpler organisms, such as the roundworm and the fruit fly. However, human cells make extensive use of alternative splicing to produce several different proteins from a single ...

More Details

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 ...

More Details