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Daily Prelims 1st November 2023

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    Daily Prelims 1st November 2023

    1) Light Combat Helicopter (LCH) Prachand: Army successfully test-fires rocket and turret guns of indigenous LCH Prachand (means fierce).  

    • It was inducted into Indian Air Force in 2022.  
    • LCH Prachand is a multi-role combat helicopter, designed and developed by Hindustan Aeronautics Ltd.  
    • Only attack helicopter in the world that can land and take off at an altitude of 5,000 metres.  
    • Capable of firing air-to-ground and air-to-air missiles.  
    • Fitted with 5.8-tonne twin-engine named Shakti engine, primarily designed for deployment in high-altitude areas (like Siachen glacier).  
    • It has best stealth features, armored-shield systems, and dark-mode attack capability 

     

    2) Limited Liability Partnership (LLP): New Limited Liability Partnership (Third Amendment) Rules, 2023 notified by the Ministry of Corporate Affairs came into force.  

    • Nature: LLP is a hybrid between a company and a partnership.  
    • LLP gives the benefits of limited liability of a company and the flexibility of a partnership.  
    • Governed by the Limited Liability Partnership Act, 2008.  
    • Structure: LLP is a body corporate and a legal entity separate from its partners.  
    • Members: A minimum of 2 partners will be required for the formation of an LLP (no limit on the maximum number of partners). 

     

    3) WTO’s Dispute Settlement Body (DSB): India calls for initiating formal talks on WTO’s dispute settlement body reforms.  

    • General Council of WTO convenes as the DSB to deal with disputes between WTO members.  
    • 3 main stages of dispute settlement process:  
    • Consultations between the parties;  
    • Adjudication by panels and, if applicable, by the Appellate Body;  
    • Implementation of the ruling, which includes the possibility of countermeasures in the event of failure by the losing party to implement the ruling. 

     

    4) Aralam Wildlife Sanctuary: It is reported that Maoists opened fire at forest watchers in Aralam Wildlife Sanctuary.  

    • Established in 1984, located at northern most protected area of Kerala (Kannur district).  
    • Forest Types: West Coast tropical evergreen forest, West coast semi-evergreen forests, South Indian moist deciduous forest, Southern hilltop evergreen forest and plantations.  
    • Fauna: Nilgiri Wood- Pigeon Columba elphinstonii, Lion-tailed Macaque, etc.  
    • Forms watershed area of Cheenkannipuzha and Urittipuzha rivers, tributaries of River Valapattanam 

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