Daily : October 26, 2017

Vigilance Awareness Week, 2017

vigilance awareness week 2017
  • The Central Vigilance Commission (CVC) has decided that this year the Vigilance Awareness Week would be observed from 30th October to 4th November, 2017.
  • The theme of the week would be “My Vision-Corruption Free India” (“मेरा लक्ष्य – भ्रष्टाचार मुक्त भारत”).
  • The Vice President of India Shri M. Venkaiah Naidu will be the Chief Guest at the Inaugural Function to be held on 30th October 2017.
  • purpose of observing Vigilance Awareness Week is to educate the public at large about the corruption related practices and also educating them how to report about it.
  • Observance of Vigilance Awareness Week every year is part of a multi-pronged approach of the Commission wherein one of the strategies is to encourage all stakeholders to collectively participate in the prevention of and the fight against corruption and to raise public awareness regarding the existence, causes and gravity of and the threat posed by corruption.
  • The Commission as part of a multi-pronged strategy to tackle corruption has been stressing on punitive, preventive and participative vigilance measures.
  • Last year, 70,000 such Gram Sabhas were organized during the Vigilance Awareness Week.
  • A new feature is the establishment of ‘Integrity Clubs’ in schools and colleges as children are the future assets of the country and it is important to cultivate moral values in them.


ADOPT A HERITAGE ‘Apni Dharohar, Apni Pehchaan’ Project

ADOPT A HERITAGE ‘Apni Dharohar, Apni Pehchaan’ Project

Question: How many companies have been shortlisted as future ‘Monument Mitras’ under ‘Adopt a Heritage Scheme’?
(a) 5
(b) 7
(c) 11
(d) 17
Answer: (b)
Related Facts:

  • On October 26th, 2017, Seven (7) companies have been shortlisted as future ‘Monument Mitras’ under ‘Adopt a Heritage Scheme’ of Ministry of Tourism at the closing ceremony of ‘Paryatan Parv.’
  • These companies have been given ‘Letters of Intent’ for fourteen monuments.
  • Under the first phase of the scheme Fifty Seven (57) responses have been recorded and fourteen (14) monuments have been opted through seven (7) Expression of Interest(s).
  • These seven shortlisted companies and 14 monuments adopted by them are as follows:
    1. SBI Foundation shortlisted for the adoption of –
  • Jantar Mantar, Delhi.
    2. TK International Limited shortlisted for the adoption of –
  • Sun Temple, Konark
  • Raja Rani Temple, Bhubaneshwar
  • Ratnagiri Monuments, Jajpur, Odisha
    3. Yatra Online Pvt. Limited shortlisted for the adoption of:
  • Hampi, Karnataka
  • Leh Palace, Jammu & Kashmir
  •  Qutub Minar, Delhi
  • Ajanta Caves, Maharashtra
    4. Travel Corporation of India Ltd. shortlisted for the adoption of:
  • Mattancherry Palace Museum, Kochi
  • Safdarjung Tomb, Delhi
    5. Adventure Tour Operator Association of India shortlisted for the adoption of :
  • Gangotri Temple Area and Trail to Gaumukh
  • Mt. StokKangri, Laddakh, Jammu and Kashmir
    6. Special Holidays Travel Pvt. Ltd. (With) Rotary Club of Delhi shortlisted for the adoption of:
  • Agrasen ki Baoli, Delhi
    7. NBCC shortlisted for the adoption of:
  • Purana Quila, Delhi.
  • These companies have been shortlisted after detailed scrutiny, ranging from hospitality industry, travel industry and banking industry sectors.
    What is ‘Adopt a Heritage Project’?
  • ADOPT A HERITAGE ‘Apni Dharohar, Apni Pehchaan’ is a unique endeavour of Ministry of Tourism in close collaboration with Ministry of Culture and Archaeological Survey of India (ASI) which envisages developing monuments, heritage and tourist sites across India and making them tourist friendly to enhance their tourism potential and cultural importance, in a planned and phased manner.
  • Scheme was launched on World Tourism Day i.e. 27thSeptember, 2017.
  • Objectives of the project are to:
  • Develop basic tourism infrastructure in and around heritage monuments and any other tourist sites.
  • Inclusive tourist experience for heritage site / monument or tourist site.
  • Promote cultural and heritage value of the country to generate livelihoods of local communities of respective heritage site / monument/ tourist site.
  • Enhance the tourist attractiveness in a sustainable manner by developing world class infrastructure at heritage site / monument or tourist site.
  • Create employment through active involvement of local communities.
  • Harness tourism potential for its multiplier effects in employment generation and economic development.
  • Develop sustainable tourism infrastructure and ensuring proper Operations and Maintenance therein.
  • For management under the project, organization such as Oversight and Vision Committee, Implementation Committee, Monument Committee etc. have been constituted.
  • Public / Private sector companies or individuals successfully selected through the process of ‘Vision Bidding’, on a competitive basis for the project shall be called as Monument Mitras.
  • This project is initially proposed to be implemented for 5 years subject to the review of the performance at any time.
  • In case of unsatisfactory performance and non-compliance of guidelines the MoU is liable to be terminated.
  • Under the project Monuments have been categorized in three as Green, Blue and Orange.


Cabinet approves MoU between SEBI and FSC

Agreement between SEBI and FSC

Question: Recently, the Union Cabinet approved for signing of the Memorandum of Understanding between the Securities and Exchange Board of India (SEBI) and the Financial Services Commission (FSC), Gibraltar? MoU relates to which of the following sector?
(a) Financial Services Commission, to provide financial assistance to Gibraltar
(b) Education sector
(c) For mutual cooperation and technical assistance
(d) For assistance in the field of aeronautics
Answer: (c)
Related Facts:

  • On October 11, 2017, the Union Cabinet approved the signing of the Memorandum of Understanding regarding mutual cooperation and technical assistance between the Securities and Exchange Board of India (SEBI) and Financial Services Commission (FSC), Gibraltar.
  • Through this MOU, both the regulators are expected to develop economic relations and mutual cooperation between them.
  • Its aim to create conditions for the effective development of the securities markets in both countries.


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