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PRELIMS FACTS 29-05-2018

FACT # 1


Why in news? Researchers have discovered the 4th Room-Temperature Ferromagnetic Element which is Ruthenium.



  • Ferromagnetismis the basic mechanism by which certain materials form permanent magnets, or are attracted to magnets.
  • Since ancient times only three single elements were found to be ferromagnetic at room temperature:
    • iron (Fe)
    • cobalt (Co)
    • nickel (Ni)
  • Now the researchers have discovered the 4th Room-Temperature Ferromagnetic Element which is Ruthenium.
  • Rutheniumis a chemical element with symbol Ru and atomic number
  • It is a rare transition metalbelonging to the platinum group of the periodic table.
  • Like the other metals of the platinum group, ruthenium is inert to most other chemicals.
  • Ruthenium is usually found as a minor component of platinumores; the annual production is about 20 tonnes.
  • Most ruthenium produced is used in wear-resistant electrical contacts and thick-film resistors.
  • A minor application for ruthenium is in platinum alloysand as a chemistry catalyst.
  • Ruthenium is generally found in ores with the other platinum group metals in the Ural Mountains and in North and South America.

FACT # 2

National Consumer Disputes Redressal Commission (NCDRC)


Why in news? Justice R.K. Agrawal has been appointed As National Consumer Disputes Redressal Commission (NCDRC) President.


National Consumer Disputes Redressal Commission (NCDRC):

  • The NCDRC is a quasi-judicial commission in India which was set up in 1988 under the Consumer Protection Act of 1986.
  • The Act mandates establishment of Consumer Protection Councils at the Centre as well as in each State and District, with a view to promoting consumer awareness.
  • The Central Council is headed by Minster In-charge of the Department of Consumer Affairs in the Central Government and the State Councils by the Minister In-charge of the Consumer Affairs in the State Governments.
  • It also provides for a 3-tier structure of the National and State Commissions and District Forums for speedy resolution of consumer disputes.
  • The provisions of this Act cover ‘goods’ as well as ‘services’.
  • The goods are those which are manufactured or produced and sold to consumers through wholesalers and retailers.
  • The services are in the nature of transport, telephone, electricity, housing, banking, insurance, medical treatment, etc.
  • Its head office is in New Delhi.
  • The commission is headed by a sitting or retired judge of the Supreme Court of India.

Acts related to NCDRC:

  • Section 21 of Consumer Protection Act, 1986 posits that the National Consumer shall have jurisdiction to entertain a complaint valued more than one crore and also have Appellate and Revisional jurisdiction from the orders of State Commissions or the District fora as the case may be.
  • Section 23 of Consumer Protection Act, 1986, provides that any person aggrieved by an order of NCDRC, may prefer an Appeal against such order to Supreme Court of India within a period of 30 days.

FACT # 3

India’s IT Corridors In China


Why in news? India has launched second IT corridor in China to gain access to big Chinese market

India’s IT corridors in China:

  • The Dalian IT corridor:
    • Earlier the NASSCOM established its first SIDCOP platform in the Chinese port city of Dalian, which is India’s first IT hub in China.
    • India’s top IT firms have a big presence in China, especially multi-nationals and IT Corridor at Dalian which are expected to provide a gateway for the Indian IT-small and medium-sized enterprises.
    • Dalian corridor’s focus is on IOT (Internet of Things).
  • The Guiyang corridor:
    • The NASSCOM has recently established one more Digital Collaborative Opportunities Plaza (SIDCOP) platform in China at Guiyang.
    • It will provide market access to Indian IT firmsin the huge Chinese market.
    • Agreements worth RMB 36 million (about $6 million) have been signed between Indian service providers and Chinese customers.
    • The new corridor will focus on Big Data.
    • The platform in Guiyang intends to create online and offline presence to promote a “co-create culture” between two large neighbours in the Big Data space.
    • An Indian company named ‘Zeta-V’ will establish an Artificial Intelligence-enabled platform for SIDCOP to bring together the IT requirements of Chinese companies in Guiyang and Indian companies will offer solutions.

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