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Current Affairs - 2019
Cabinet has approved the promulgation of an Ordinance for establishing International Arbitration Centre in which city?
A)
Kolkata
B)
New Delhi
C)
Pune
D)
Hyderabad

Correct Answer :   New Delhi

The Union Cabinet has approved the promulgation of an Ordinance for establishing the New Delhi International Arbitration Centre (NDIAC) in an effort to make India a hub of institutionalized arbitration. The establishment of institutionalized arbitration will be to the advantage of the public and public institutions in terms of quality of expertise and costs incurred. The NDIAC will be headed by a chairperson who will be appointed by the Centre in consultation with the Chief Justice of India. There will also be two full-time or part-time members. They will be eminent persons having substantial knowledge and experience in institutional arbitration. The NDIAC Bill, 2019, could not be taken up for consideration and passing by the Rajya Sabha in the recently concluded session. Therefore, the government, in view of the urgency to make India a hub of institutionalized arbitration and promote 'ease of doing business', has decided to promulgate an Ordinance: 'The NDIAC, 2019'.

Published On : July 11, 2021
Recently Updated Current Affairs
Q .
Where was India's largest Climate Clock unveiled for the Earth Day celebration?
A)
Mumbai
B)
New Delhi
C)
Kolkata
D)
Bangalore

Correct Answer :   New Delhi

India's largest Climate Clock was unveiled at the Council of Scientific & Industrial Research (CSIR) headquarters in New Delhi for the Earth Day celebration.

CSIR, established in 1942, is dedicated to scientific research and industrial development across various domains, emphasizing its commitment to raising awareness about climate change and its impacts through initiatives like the Climate Clock unveiling.

Published On : April 24, 2024
Q .
When is the World Book and Copyright Day observed every year?
A)
24th April
B)
23rd April
C)
22nd April
D)
21st April

Correct Answer :   23rd April

On April 23, people all over the world celebrate World Book and Copyright Day, also known as International Day of the Book and World Book Day, to spread the joy of reading. This global event celebrates the profound influence that books have on people and societies.

Celebrations are held all over the world on this day to highlight the importance of books and their capacity to inspire, educate, and unite people of all backgrounds. World Book and Copyright Day celebrates literature in all its forms and encourages reading enjoyment. It's also a day to read and think about the future and the past.

World Book And Copyright Day 2024 Theme :

The theme during the current year's World Book and Copyright Day is 'Read Your Way'. The significance of cultivating a passion for reading is emphasised in this theme. The theme inspires people from all walks of life, young and old, to adopt the habit of book reading, and promotes it as an indispensable passion of a person.

Published On : April 23, 2024
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