28 December 2024 current affairs in English

Dr. Sandip Shah appointed chairperson of NABL

Dr. Sandip Shah has been appointed as the new Chairperson of the National Accreditation Board for Testing and Calibration Laboratories (NABL).
He is a gold Medalist in MD Pathology and Bacteriology from B.J. Medical College, Ahmedabad, Gujarat.
He is the founder of Neuberg Supratech Reference Laboratories.
He was the Joint Managing Director at Neuberg Diagnostics.

About NABL

Established in 1988 under the Department of Science and Technology
To enhance the quality and reliability of testing and calibration services.
To ensure compliance with ISO/IEC 17025 (for testing and calibration laboratories) and ISO 15189 (for medical laboratories
The Chief Executive Officer (CEO) of NABL is Mr. N. Venkateswaran.

China has approved the construction of the world’s largest dam on the Brahmaputra River.
It is located in Tibet near the Indian border.
It is poised to cost approximately $137 billion.
The dam will be built on the lower section of the Yarlung Zangbo River, the Tibetan name for the Brahmaputra.
The hydropower facility is estimated to generate over 300 billion kWh of electricity annually.

About Brahmaputra River

The Brahmaputra is one of the major rivers in Asia.
Originates from the Angsi Glacier near Mount Kailash in southwestern Tibet, at an elevation of about 5,150 meters
Called the Yarlung Tsangpo River in Tibet.
Takes a sharp U-turn at the Great Bend near Namcha Barwa in Arunachal Pradesh
Enters India through Arunachal Pradesh, where it is known as the Siang/Dihang River.
In Assam, it is called the Brahmaputra.
In Bangladesh, it merges with the Padma River (Ganga) and is called the Jamuna.

The country’s current account deficit moderated to $11.2 billion, or 1.2 per cent of gross domestic product (GDP), in July-September 2024 quarter
It was $11.3 billion, or 1.3 per cent of GDP, in the same period of the previous fiscal.
Private transfer receipts, mainly representing remittances by Indians employed overseas, increased to $31.9 billion.
Non-resident deposits (NRI deposits) recorded net inflows of $6.2 billion in the second quarter.

About current account deficit

The current account deficit is the difference between exports and imports of goods and services.
It is a key indicator of the country's external sector.
CAD occurs when a country's total imports of goods, services, and transfers exceed its total exports
Private Transfer Receipts are unilateral transfers from private individuals abroad to residents in a country. They are part of the current account under the Balance of Payments.
Net Resident Deposits refer to the net inflow of deposits made by Non-Resident Indians (NRIs) in Indian banks. It is part of the capital account of the Balance of Payments.

Lashkar-e-Tayyiba Leader Hafiz Abdul Rehman Makki, Mastermind of 26/11 Attacks, Dies of Heart Attack
China Flies Brand New Stealth Fighter Jet, Believed To Be 6th Generation
Steve Smith becomes most successful century-maker against India in Tests
Hockey India League 2024/25: Harmanpreet Singh named as captain of Soorma Hockey Club
Osamu Suzuki passed away at the age of 94.
45th PRAGATI meeting to be chaired by PM Modi.

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