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CURRENT AFFAIRS
JUNE 2018
2.5. INDIA-MALDIVES
Why in news?
India’s stakes in Maldives
India has reduced the amount of restriction-free exports of Maldives is strategically located in the Indian
essential commodities permitted to Maldives recently Ocean, and India being a major power in the Indian
Ocean region has the highest stake in the stability
India-Maldives relations
of Maldives for various reasons like-
• India established formal diplomatic relations with • Securing sea lanes of communication, Fighting
Maldives after the independence of Maldives from the piracy and sea based terrorism,
British rule in 1966. • Countering China’s string of pearls policy,
• India has been a friend in need of people of Maldives: • Making Indian ocean a conflict free zone and
o Operation Cactus was India’s military aid of 1600 restoring its status as sea of tranquil,
• Exploring blue economy and Enhancing trade.
soldiers to Maldives to fight the armed attack of the
• Security of Indian expatriates working there.
Liberation Tigers of Tamil Eelam (LTTE) supported
rebel groups in 1988 for an attempted coup.
Why is it a Code?
IBC consolidates various
laws, regulations and rules
concerning and classifies
insolvency, bankruptcy and
liquidation of non-financial
entities, systematically and
comprehensively. Since a
‘Code’ is a compendium of
laws, thus, IBC becomes a
code, than just being a law.
Insolvency: Inability of an
entity to pay its bills as and
when they become due and
payable
Bankruptcy: Situation when
an entity is declared
incapable of paying their
due and payable bills
Liquidation: Process of
winding up a corporation or
an incorporated entity.
5.4. DEAD-ZONE
Why in News?
Scientist have recently predicted that the dead zone in Gulf of Mexico will become larger.
About Dead Zones
• Dead zones (Hypoxic zones) are areas of the ocean (occasionally in lakes and even rivers) where oxygen has
fallen to such low levels that most marine life cannot survive.
• Dead zones are reversible if their causes are reduced or eliminated.
Way Forward
• Achieving the goal of #AIforAll requires long term and engaged institutional collaboration between all the
stakeholders including the citizens.
• NITI Aayog paper highlights the potential for India to become an AI ‘garage’, or solutions provider, for 40% of
the world.
• Allocation of Resources in STEM (Science, Technology, Engineering and Mathematics) need to be increased.
• Robust Intellectual Property Framework – is required to ride the AI innovation wave.
• More funding should be deployed in
AI and incentives should be provided What India can learn from other countries?
• US, the global leader in AI is heavily investing on AI based research
for researchers.
and US leadership has largely been driven by the private sector.
• Early Adoption of AI- be it the • China has ambition of becoming world leader in AI by 2030. The top
research in technology infrastructure, 9 universities of China have received government funding to each
the start-up community developing establish an AI school and the remaining 32 to include an AI
applications and corporations programme as part of their curriculum.
deploying solutions for their business • EU’s Robotics Public Private Partnership, launched in 2013, is
needs, early adoption will be key believed to be the biggest civilian research programme in AI in the
determinant in ensuring leadership in world.
AI.
• AIRAWAT (AI Research, Analytics and knowledge Assimilation platform) to be utilised effectively to support
advancement of AI-based developments.
• Currently, Indian manufacturers source Lithium Ion Battery from China, Japan and South Korea among some
other countries.
• India is one of the largest importers and in 2017, it imported nearly 150 Million US Dollar worth Li-Ion batteries.
About lithium Ion Battery
• These are rechargeable batteries having high energy density and commonly used in consumer electronics.
• It uses intercalated lithium compound instead of metallic lithium as its electrode and is able to store 150 watt-
hours electricity per kg of battery.
6.11. ROBINSECTS
Why in News?
Biomimetics: Biomimetics, also
Scientist has developed robots for pollination; called as Robinsects or Nova- known as bionics, biognosis, or
Crafters, based on the concept of ‘Biomimetics’. biomimicry, is the use and
implementation of concepts and
More on News
principles from nature to creating
• Colony collapse disorder and decreasing number of pollinators such as new materials, devices and
insects, birds, wasps etc. are threatening world food security, and systems.
biodiversity.