Daily Current Affairs Express : | 09.10.2019 |

Today’s Top Current Affairs

1. Income Tax Department launches faceless e-Assessment scheme:

 

The Income Tax Department announced that it has picked up over 58,000 cases for the faceless e-Assessment scheme. Revenue Secretary Ajay Bhushan Pandey launched the scheme.

 

The “Faceless e-assessment scheme” is expected to bring in a “paradigm shift” in taxation by eliminating human interface in the income tax assessment system. A total of 2,686 officials of the I-T department have been deputed for implementation of the scheme. With NeAC, there would be no physical interface between the tax payers and the tax officers. Also, the above will bring transparency and efficiency and will improve the quality of assessment and monitoring.

 

There would be a NeAC in Delhi to be headed by Principal Chief Commissioner of Income Tax. There are 8 Regional e-Assessment Centres (ReAC) set up at Delhi, Mumbai, Chennai, Kolkata Ahmedabad, Pune, Bengaluru and Hyderabad which would comprise Assessment unit, Review unit, Technical unit and Verification units.

 

Important Possible questions based on above article:

Q.1 Recently who is launched “Faceless e-assessment scheme” ?

Answer: Ajay Bhushan Pandey

 

Q.2 Who is the Chairman of CBDT? 

Answer: P.C. Mody.

 

 

2. India’s rank slips on global competitiveness index to 68th place, among worst performing BRICS nations:

 

India has moved down 10 places to rank 68th on an annual global competitiveness index, largely due to improvements witnessed by several other economies, while Singapore has replaced the US as the world’s most competitive economy.

 

The WEF Announcing its latest index India ranks high in terms of macroeconomic stability and market size, while its financial sector is relatively deep and stable despite the high delinquency rate, which contributes to weakening the soundness of its banking system.

India is among the worst-performing BRICS nations along with Brazil which is ranked 71st this year. WEF stated that India ranks high in terms of macroeconomic stability and market size, while its financial sector is relatively deep and stable despite the high delinquency rate, which contributes to weakening the soundness of its banking system.

Detailed ranking of India in individual pillars across which the performance of the countries was evaluated:

 

 

Important Possible questions based on above article:

Q.1 What is the India’s rank in global competitiveness index ?

Answer: 68th rank

 

 

3. Simone Biles wins 15th world title as US women claim team gold in Gymnastic championship:

 

Simone Biles, 22, set the record by clinching the World Gymnastics Championships 2019 in Stuttgart, Germany. This is Simone Biles’ 21st medal at the championships. With this title, she became the most decorated women’s gymnast in history. She defeated Russia’s Svetlana Khorkina to win the title.

 

The USA won the women’s team won gold with a tally of 172.330 for the fifth time. Russians won the silver medal with a tally of 166.529 and Italy won bronze with a tally of 164.796.

 

Important Possible questions based on above article:

Q.1 Recently who wins 15th world title as US women ?

Answer: Simone Biles

 

 

4. Kaelin, Ratcliffe, Semenza won 2019 Nobel Prize for Medicine:

 

Image result for Kaelin, Ratcliffe, Semenza won 2019 Nobel Prize for Medicine

Researchers William Kaelin, Peter Ratcliffe, and Gregg Semenza won the Nobel Prize award for Physiology or Medicine in 2019. The award recognized the discoveries that are crucial for understanding diseases such as cancer. In 2016, the team also won the Albert Lasker Basic Medical Research Award.

 

Discovery:
The researchers described how cells sense and respond to changing oxygen levels by switching genes on and off. This discovery has been key to understanding human diseases such as cancer and anaemia. It has helped researchers to understand how the body adapts to low oxygen levels by, for example, cranking out red blood cells (RBCs) and growing new blood vessels.

 

Awardees:

  • Cancer researcher William Kaelin works at the Dana-Farber Cancer Institute in Boston, Massachusetts.
  • Physician-scientist Peter Ratcliffe works at the University of Oxford, UK, and the Francis Crick Institute in London.
  • Geneticist Gregg Semenza works at Johns Hopkins University in Baltimore, Maryland.

 

Important Possible questions based on above article:

Q.1 Recently who won Nobel Prize for Medicine ?

Answer: The three Researchers has won the nobel prize for medicine

  • William Kaelin
  • Peter Ratcliffe
  • Gregg Semenza

 

 

5. Cabinet approves MoUs signed between India and Foreign Broadcasters:

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PM-led Cabinet has given ex-post facto approval for the MoUs signed between the Indian government and the Foreign Broadcasters in the field of Radio and Television.

 

Aim:
The MoUs with the Foreign Broadcasters were signed as it will benefit the Public broadcaster in exploring new visions. The agreement will set up new Strategies to address the demands of new technologies and stiff competition. The MoU will also benefit Media liberalization and Globalization.

 

MoU:

  • The MoU will cause an impact on the Broadcasting of programmes that can be obtained through mutual exchange.
  • The co-production will lead to equity and inclusiveness among viewers/listeners of DD and AIR.
  • Exchanges of technical Know-how, expertise, and training of manpower would help the public broadcaster to meet the emerging challenges in the field of broadcasting.

 

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