TNPSC Current Affairs March 06, 2020

www.tnpsc.academy – TNPSC Current Affairs March 06, 2020 (06/03/2020)

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Topic: Latest Reports and Events

Freedom in the World 2020

Freedom in the World 2020 has been released by America based Freedom House.

Top 5: Finland, Norway, Sweden, the Netherlands and Luxembourg are the top five countries in the free category.

India’s performance:

The report has placed India at 83rd position along with Timor-Leste and Senegal among the bottom five of “free democracies”. India witnessed the worst score decline among the world’s 25 largest democracies. India’s overall score declined from 75 in 2019 to 71 in 2020, with civil liberties taking the biggest hit.

Background:

Freedom House is a US-based watchdog, which has been tracking global political and civil liberties for almost half a century.

Global scenario:

The year 2019 was the 14th consecutive year of decline in global freedom, according to Freedom House. Compared with the previous year, in 2019, individuals in 64 countries experienced deterioration in their political rights and civil liberties while those in just 37 experienced improvements. More than half of the countries that were rated free or not free in 2009 have suffered a net decline in the past decade.

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Topic: Latest Diary of Events

Deccan Queen express

India’s Deccan Queen Express will be upgraded to German design Linke Hofmann Busch (LHB) coaches. With the up gradation to LHB coaches, the train will have better safety features and improved travelling experience – better suspension system and better riding comfort.

Key facts:

Indian Railways’ Deccan Queen, which has been running between Mumbai and Pune since 1930, is the country’s first superfast train. Deccan Queen is the first long-distance electric-hauled train, first vestibuled train, first train to have a ‘ladies only’ car and the first train to feature a dining car. It is operated by the Central Railway Zone of the Indian Railways.

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Topic: Latest Diary of Events

Pragyan Conclave 2020

It is a two-day Indian Army International Seminar, organised recently by Centre for Land Warfare Studies (CLAWS) at New Delhi.

The seminar provided a platform for deliberations on emerging ideas, perspectives and narratives that define the ‘New Age Warfare’ which is increasingly witnessing a change in its character as well as battlespace with the usage of new ‘means’ to pursue the ‘ends’.

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Topic: Latest Diary of Events

What is Swap Ratio?

Swap ratio is the ratio at which an acquiring company will offer its own shares in exchange for the target company’s shares during a merger or acquisition.

How is it calculated? To calculate the swap ratio, companies analyze financial ratios such as book value, earnings per share, profits after tax, and dividends paid, as well as other factors, such as the reasons for the merger or acquisition. The current market prices of the target and acquiring company’s stock are compared along with their respective financial situations.

A ratio is when configured which states the rate at which the target company’s shareholders will receive acquiring company shares of stock for every one share of target company stock they currently hold.

Context: Eight state-owned banks have announced swap ratios for the proposed mergers.

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Topic: Awards and Honours

Lalit Kala Akademi awards

President Ram Nath Kovind conferred the 61st annual awards of the National Lalit Kala Akademi at the Rashtrapati Bhavan in New Delhi. The National Lalit Kala Akademi awards are conferred to recognize individuals for their outstanding work in the field of art.

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Topic: Latest Reports and Summits, Places in News

International Conference on Nano Science and Nano Technology (ICONSAT)

The International Conference on Nano Science and Nano Technology (ICONSAT) under the aegis of Nano Mission, Department of Science and Technology (DST) is being held at Kolkata focusing on the recent advances in this frontier research field.

Mission on Nano Science and Technology (Nano Mission):

Launched in 2007.

It is as an “umbrella capacity-building programme”.

The Mission’s programmes will target all scientists, institutions and industry in the country.

It will also strengthen activities in nano science and technology by promoting basic research, human resource development, research infrastructure development, international collaborations, among others.

It will be anchored in the Department of Science and Technology and steered by a Nano Mission Council chaired by an eminent scientist.