www.tnpsc.academy – TNPSC Current Affairs in English – Nov. 19, 2016 (19/11/2016)
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Topic : Political Science – India’s Foreign Policy
India and Cyprus signed Revised DTAA Agreement
In Nicosia, India and Cyprus signed the Revised DTAA Agreement for the Avoidance of Double Taxation (DTAA).
The agreement will replace the existing DTAA that was signed by two countries in June 1994.
Key facts :
New DTAA provides for source based taxation of capital gains arising from alienation of shares, instead of residence based taxation provided under the existing DTAA.
The new Agreement provides for Assistance between the two countries for collection of taxes and updates the provisions related to Exchange of Information to accepted international standards, which will enable exchange of banking information and allow the use of such information for purposes other than taxation with the prior approval of the Competent Authorities of the country providing the information.
Topic : History – Defense, National Security and Terrorism
Four indigenously developed sonars systems
Navy has formally revealed four types of indigenously developed sonars that will boost its underwater surveillance capability.
With the induction of these four systems, the underwater surveillance capability of the Indian Navy will get a boost.
That Four Sonars are :
Abhay is an advanced integrated sonar system designed and developed for the smaller platforms such as shallow water crafts and coastal surveillance vessels.
It is capable of detecting, localizing, classifying and tracking sub-surface and surface targets in both its active and passive modes of operation. Indian Navy has proposed to induct this SONAR on three of the Abhay class ships.
Humsa UG :
Humsa -UG is designed for upgrading the existing Humsa sonar system.
This system is proposed to be installed on seven ships of three different classes of ships.
AIDSS – Advanced Indigenous Distress sonar system for submarines :
AIDSS is an Emergency Sound Signalling Device which is used to indicate that a submarine is in distress and enable quick rescue and salvage.
NACS – Near-field Acoustic Characterisation System :
It determines the in-situ performance of the SONAR systems, which are used to find the frequency-dependent 3-D transmission and reception characteristics of the SONAR. It is also used to measure the magnitude and phase characteristics of the SONAR transmission and reception electronics and the transducers.
Topic : History : Latest dairy of Events
Quami Ekta Week (National Integration Week)
The observation of the ‘Quami Ekta Week’ will help to highlight the inherent strength and resilience of our nation to withstand actual and potential threats to the eclectic and secular fabric of our country, and nurture a spirit of communal harmony in its widest sense.
This occasion also provides an opportunity to reaffirm age old traditions and faith in the values of tolerance, co-existence and brotherhood in a multi-cultural and multi-religious society.
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