Friday, September 4, 2020

General Knowledge News

Kholongchhu Hydel Project

◾️ The Kholongchhu project is regarded as a “milestone” in the India-Bhutan partnership, under which four hydropower projects have been built in the last 30 years totalling a capacity of 2,100 MW.
◾️ The project is located at the lower course of Kholongchhu just before its confluence with Drangmechu (Gongrichu) in Trashiyangtse District of Bhutan.
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Athirappally Waterfalls

◾️ The famous Athirappally Waterfalls is located on the Chalakudy River in Thrissur district of Kerala.
◾️ It originates from the upper reaches of the Western Ghats at the entrance to the Sholayar ranges.
◾️ It is the largest waterfall in Kerala, which stands tall at 80 feet and is nicknamed The Niagara of India.
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National Intelligence Grid (NATGRID)

NATGRID is the integrated intelligence grid connecting databases of core security agencies of the Government of India.

It was first proposed in the aftermath of the terrorist attacks on Mumbai in 2008.
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Due to labour shortage in two granary states of Punjab and Haryana, farmers are now being encouraged to adopt ‘Direct Seeding of Rice’ (DSR) in place of conventional transplanting. Read about it.

✅ Important Facts

Punjab and Haryana are not traditional rice growing areas.

Rice Cultivation in the irrigated areas of Punjab and Haryana was introduced in the 1970s following the Green Revolution.

Almost the entire land under rice cultivation in Punjab and Haryana is irrigated.

India contributes 21.6% of rice production in the world and ranked second after China in 2016.

🌼Financial Action Task Force (FATF) 
 
✅ It is an inter‐governmental policy making body  
✅ It aims to establish international standards for combating money laundering and terrorist  
financing.  
✅It was established in 1989 during the G7 Summit in Paris (France) to combat the growing  
problem of money laundering.  
✅It comprises over 36 countries. 
✅India is a member 
✅FATF Secretariat is housed at the headquarters of the OECD in Paris.  
✅Initially it was only dealing with developing policies to combat money laundering. But in  
2001 its purpose was expanded to act against terrorism financing.
Objectives:  
Set standards and promote effective implementation of legal, regulatory and operational  
measures for combating money laundering, terrorist financing and other related threats to  
the integrity of the international financial system.
 
Functions: 
 
1. Set international standards to combat money laundering and terrorist financing. 
2. Assess and monitor compliance with the FATF standards. 
3. Conduct studies of money laundering and terrorist financing methods, trends and techniques.  
4. Respond to new and emerging threats, such as proliferation financing (used for promoting  
proliferation of chemical, biological and nuclear weapons)

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