Daily Factly 04-06-2020

What is Daily Factly?

• Daily Factly is the NDI-National Defence Institute initiative to help students in the process of preparation for CDS, CAPF, NDA, AFCAT, INET, SSC, and other State-level exams. Complemented with thorough preparation and revision of all subjects and mock tests, Daily Factly would undoubtedly help you gain those extra 10-12 marks when you have exhausted the limits of your knowledge. The real test is close. We hope this helps you.

Daily Factly-June 04

1. Strategic Disinvestment is the sale of substantial portion of the Government shareholding of a central public sector enterprise (CPSE) of up to 50% or higher along with transfer of management control.

2. Fair market value (FMV) is the price that a property would sell for on the open market. It represents the price of an asset under the usual set of conditions: like when prospective buyers and sellers are reasonably knowledgeable about the asset. It represent an accurate valuation or assessment of its worth. about the asset. It represent an accurate valuation or assessment of its worth.

3. National Pharmaceutical Pricing Agency is an independent, executive body of experts under Ministry of Chemicals and Fertilizers formed in 1997. Its primary function is to fix & revise the prices of scheduled formulations under the Drugs (Prices Control) Order (DPCO).

4. International Energy Agency (IEA) was founded in 1974 to help countries collectively respond to oil supply disruptions. It is an autonomous body within the OECD framework. Only the OECD member states can become members of the IEA. It publishes the World Energy Outlook (WEO).

5. International Centre for Integrated Mountain Development (ICIMOD) is a regional intergovernmental learning and knowledge sharing centre serving the eight regional member countries of the Hindu Kush Himalaya – Afghanistan, Bangladesh, Bhutan, China, India, Myanmar, Nepal, and Pakistan – and based in Kathmandu, Nepal.

Bhutan, China, India, Myanmar, Nepal, and Pakistan – and based in Kathmandu, Nepal.

6. The Hindu Kush Himalayan Monitoring and Assessment Programme (HIMAP) is a long-term, integrated science-policy initiative coordinated by the International Centre for Integrated Mountain Development (ICIMOD) that aims to promote enabling policies, sustainable solutions and more robust regional cooperation in the HKH region to sustain mountain environments and livelihoods. enabling policies, sustainable solutions and more robust regional cooperation in the HKH region to sustain mountain environments and livelihoods.

7. The Montreux Record is a register of wetland sites on the List of Wetlands of International Importance where changes in ecological character have occurred, are occurring, or are likely to occur as a result of technological developments, pollution or other human interference. It is maintained as part of the Ramsar List.

8. Asian Elephant Alliance  was launched in July 2015 in London, United Kingdom. It is an umbrella of five NGOs-Elephant Family, International Fund for Animal Welfare (IFAW), IUCN Netherlands, World Land Trust (WLT) and Wildlife Trust of India (WTI). It aims to secure a safe future for the wild elephants of India, which make up approximately half of the world’s wild Asian elephants.

9. Bio ethanol is an alcohol produced from fermentation of carbohydrate and cellulosic material of crops and other plants and grasses. It is generally used as an additive to increase octane number of fuel.

10. Lignocellulosic biomass refers to plant biomass that is composed of cellulose, hemicellulose, and lignin. Lignocellulosic materials including agricultural wastes, forestry residues, grasses and woody materials have great potential for bio-fuel production