Daily : May 9, 2017

Prabhat Kamal Bezbaruah as the Chairman of Tea Board

New chairman appointed for Tea Board

Question: Recently who has been appointed as the new chairman for Tea Board of India?
(a) Santosh Sarangi
(b) Prabhat Kumar Bezboruah
(c) Prabhat Kumar
(d) None of the above
Ans. (b)
Related facts:

  • On 4 May 2017 the Commerce Ministry has appointed Chairman of Tea Research Association (TRA) Prabhat Jamal Bezbaruah as the Chairman of Tea Board.
  • He will replace Santiago Sarangi.
  • He is the first non-IAS to become the chairman of Tea Board.
  • He will be in office till November 1, 2018.
  • The Tea Board of India is a state agency of the Government of India established to promote the cultivation, processing, and domestic trade as well as export of tea from India.
  • The present Tea Board set up under section 4 of the Tea Act 1953 was constituted on 1st April 1954.
  • It is headquartered in Kolkata, West Bengal.

Reference:
http://www.business-standard.com/article/pti-stories/new-chairman-appointed-for-tea-board-117050500767_1.html
http://www.thehindu.com/business/Industry/pk-bezbaruah-named-as-tea-board-chairman/article18393359.ece
https://www.telegraphindia.com/1170505/jsp/business/story_149866.jsp#.WREN3mmGPIV

Cabinet approves signing of MoU between India and Spain on cooperation in the sphere of Civil Aviation

MoU between India and Spain

Question: Recently Cabinet approved the signing of MoU between India and Spain on cooperation in which of the following sphere?
(a) Agricultural
(b) Civil Aviation
(c) Space
(d) Tourism
Ans. (b)
Related facts:

  • On 3 May 2017 Union Cabinet has approved the signing of Memorandum of Understanding (MoU) on Cooperation in the sphere of Civil Aviation between India and Spain.
  • The MoU signifies an important landmark in the civil aviation relations between India and Spain.
  • It has the potential to spur greater trade, investment, tourism and cultural exchanges between the two countries.

Reference:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=161497
http://www.business-standard.com/article/news-cm/cabinet-approves-signing-of-mou-between-india-and-spain-on-cooperation-in-the-sphere-of-civil-aviation-117050400212_1.html

Cabinet approves MoU on Urea manufacturing Plant in Malaysia

MoU between India and Malaysia

Question: Recently Union Cabinet has given its ex-post facto approval to the signing of Memorandum of Understanding with Malaysia on development of-
(a) Urea and Ammonia manufacturing plant
(b) Oil refining plant
(c) Defense manufacturing plant
(d) Vehicle manufacturing plant
Ans. (a)
Related facts:

  • On 3 May 2017 the Union Cabinet has given its ex-post facto approval to the signing of Memorandum of Understanding with Malaysia on development of a Urea and Ammonia manufacturing plant in Malaysia.
  • The project is expected to cost US$ 2.1 billion with capacity to produce 2.4 million tonnes of Urea and 1.35 million tonnes of Ammonia per annum and dedicated supplying to Indian market.
  • The signing of MoU will ensure consistent supply of Urea and Ammonia to cater the need of the country at a lower price, if agreed to by both the participants.

Reference:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=161506
http://www.uniindia.com/cabinet-approves-mou-on-urea-manufacturing-plant-in-malaysia/india/news/859882.html

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