APSC Assam Yearbook 2021 : Latest Current Affairs

India, Uzbekistan sign security cooperation agreement
  • India and the central Asian country of Uzbekistan inked an agreement on security cooperation including in the field of counter-terrorism, organized crime and human trafficking.
  • The agreement was signed during a meeting between delegations from Uzbekistan, led by Minister of Internal Affairs, Pulat Bobojonov, with an Indian delegation, led by Union Home Minister Amit Shah in New Delhi.
  • The two sides discussed areas of mutual interest, including counter-terrorism cooperation and training for Uzbek security personnel in Indian institutions, capacity building, border guarding and disaster management.
  • The Agreement on Security Cooperation, signed by the two ministers, will further strengthen cooperation between India-Uzbekistan in the diverse fields including counter-terrorism, organized crime and human trafficking.
  • The Indian delegation included Minister of State for Home Affairs Nityanand Rai along with other senior officers from the Ministry.
LS passes Bill for transparency in Chit Fund schemes
  • The Lok Sabha passed a Bill that aims at putting in place a mechanism to ensure transparency in chit fund schemes, protect subscribers and regulate the industry.
  • To facilitate orderly growth of the chit fund sector, Minister of State for Finance and Corporate Affairs Anurag Thakur said through the Chit Fund (Amendment) Bill, 2019 the government was making changes in the rules for starting a chit fund.
  • The Minister had moved the Bill, which seeks to amend the Chit Funds Act, 1982.
  • With the amendments, the prescribed ceiling of aggregate chit fund amount for individuals would be raised to Rs 3 lakh from Rs 1 lakh and Rs 18 lakh from Rs 6 lakh for firms.
  • Besides, words ”gross chit amount”, ”share of discount” and ”net chit amount” would be substituted with ”chit amount”, ”dividend” and ”prize amount”, respectively.
  • The amended Act would confer powers upon the state governments to specify the amount up to which any chit fund shall be exempted under the Act.
India successfully test-fires nuke-capable Prithvi-II
  • India successfully test fired its indigenously developed nuclear capable surface-to-surface Prithvi-2 missile as part of a user trial by the Army from a test range off Odisha coast.
  • The trial of the missile, which has a strike range of 350 km, was carried out from a mobile launcher from launch complex-3 of the ITR.
  • The missile was randomly chosen from the production stock and the entire launch activity was carried out by Strategic Force Command (SFC) of the Army and monitored by scientists of Defence Research and Development Organisation (DRDO) as part of the training exercise.

Prithvi-II missile

  • Prithvi-2 is capable of carrying 500-1,000 kg of warheads and is powered by liquid propulsion twin engines.
  • The state-of-the-art missile uses advanced inertial guidance system with maneuvering trajectory to hit its target.
  • Inducted into the armory of Indian defence forces in 2003, nine-metre tall ‘Prithvi’ was the first missile to have been developed by DRDO under the Integrated Guided Missile Development Programme (IGMDP).

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