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Daily Prelims 19th December 2023

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    Daily Prelims 19th December 2023

    1) Kyasanur Forest Disease (KFD): Recently, a death has been reported in Karnataka due to KFD virus (KFDV).  

    • It derives its name from Kyasanur Forest Range of Karnataka where it was first spotted.  
    • It is a zoonotic disease caused by KFDV.  
    • KFDV is transmitted through the bite of ticks.  
    • It is also known as Monkey Disease/Monkey Fever as Bonnet, and black-faced langur monkeys are highly susceptible.  
    • They play a significant role in the spread of the virus in the human population 

     

    2) Dark Fibre: Securities Appellate Tribunal (SAT) has quashed SEBI’s order of imposing a fine on the National Stock Exchange in the dark-fibre case.  

    • A dark fibre (unlit fibre) is an unused optical fibre which is not connected to any active equipment or has no traffic or service running on it.  
    • They are named dark because no light pulse is transmitted through these cables.  
    • Even after these fibres are used, they are referred as dark fibre, as they are independent of other network cables.  
    • Benefits: Low latency, high security etc. 

     

    3) Sovereign Gold Bond (SGB) Scheme: Government announced to bring Series III of Sovereign Gold Bond Scheme (SGBs) (2023-24).  

    • Objective: Reduce the demand for physical gold.  
    • SGB are government securities and issued under Government Securities Act, 2006.  
    • Issued by: RBI on the behalf of Government of India.  
    • SGBs are restricted for sale to resident individuals, Hindu Undivided Family (HUFs), Trusts, Universities and Charitable Institutions.  
    • Tenor: Period of eight years (has premature redemption after 5th year)  
    • Minimum investment: One gram.  
    • Maximum limit: 4 Kg for individual, 4 Kg for HUF and 20 Kg for trusts per fiscal year. 

     

    4) Tax Inspectors Without Borders (TIWB): TIWB launched a programme in Saint Lucia and India has been chosen as the Partner Administration. India will provide Tax Experts for this program  

    • It is a joint initiative of the Organisation for Economic Cooperation and Development (OECD) and the United Nations Development Programme (UNDP).  
    • It facilitates the transfer of tax audit knowledge and skills to developing country tax administrations using a practical, “learning by doing” approach. 

     

    Places in News: 

    1) Iran (Capital: Tehran): 

    • Iran has decided to unilaterally cancel visa requirements for Indian visitors.  
    • Political Features:  
    • It lies in the South-western Asia.  
    • It is bordered by Armenia and Azerbaijan (North), Turkmenistan (North East), Afghanistan and Pakistan (East), and Iraq and Turkey (west).  
    • It also borders with Caspian Sea (North), and Persian Gulf and Gulf of Oman (South).  

    Geographical features:  

    • Major Mountains: Elburz and Zagros  
    • Major Rivers: Karun, Karkeha and Zayandeh  
    • Major Deserts: Dasht-e Kavir and Dasht-e Lut  
    • Highest Point: Mount Damavand 

     

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