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09 July 2024 - Daily Current Affairs Updates (IAS)

Today’s Current Affairs Update: “ProxyGyan IAS Express”

Date: 09 July 2024.

1. Gandaki River

2. Bharat Bill Payment System

3. Uranium Reserves

4. Brown palm Civet

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1. Gandaki River: River in news:

• News: A 15-year-old bridge over the Gandaki River collapsed in Bihar's Saran district.

• Alternative Names: Also known as the Narayani and Gandak, it is one of the major rivers in Nepal and a left-bank tributary of the Ganges in India.

• Origin: Formed by the union of the Kali and Trisulirivers, which rise in the Great Himalaya Range in Nepal.

• Flow Path:

• From the junction of Kali and Trisuli rivers to the Indian border, it is called the Narayani.

• It flows southwest into India, then turns southeast along the Uttar Pradesh-Bihar state border, and across the Indo-Gangetic Plain.

• It enters the Ganges River opposite Patna, Bihar, after a winding course of 475 miles (765 km)

• Catchment Area:

• Bounded by the Himalayas to the north, the River Ganga to the south, the Burhi Gandak Basin to the east, and the Ghagra Basin to the west.

• Glaciers and Lakes: The upper catchment of the Gandaki has about 1,710 glaciers and over 300 lakes.

• Deep Gorge: Known for possessing a deep gorge in the Himalayan region, with the deepest point reaching approximately 3,000 meters (9,800 feet), making it one of the deepest river gorges in the world

• Tributaries: Daraudi, Seti, Madi, Marsyandi, and BudhiGandaki.

• Historical Mention: The Gandaki River is mentioned in the ancient Sanskrit epic Mahabharata.

2. Bharat Bill Payment Systems:

• News: The Reserve Bank of India (RBI) has mandated that all credit card payments be routed through the Bharat Bill Pay System from July 1, 2024

• Concept and Management:

• It is a payment channel system conceptualized by the Reserve Bank of India (RBI) and driven by the National Payments Corporation of India (NPCI).

• NPCI is a subsidiary of the RBI.

• Aim:

• It serves as a one-stop payment platform for all bills, providing interoperable and accessible

"Anytime Anywhere" bill payment service to customers across India.

• The RBI aims to regulate and monitor P2P credit card transactions through third-party apps.

• Unlike regular transactions settled directly with banks, these payments use NEFT/IMPS or direct transfers, bypassing centralized platforms, which concerns the RBI.

• Features and Benefits:

• Transaction Certainty: BBPS ensures the certainty, reliability, and safety of transactions.

• Payment Modes: The system supports multiple payment modes and provides instant confirmation of receipt of payment.

• Integrated Platform: BBPS is an integrated platform connecting banks and non-banks involved in the bills aggregation business, including billers, payment service providers, and retail bill outlets.

o Convenience: It catalogs various utility providers on one platform, offering customers the convenience of paying multiple bills through a single window.

• Bill Collection Categories:

• Utilities: Includes electricity, telecom, mobile postpaid, DTH, gas, and water bills.

Other Payments: Will include school/university fees, municipal taxes/payments, mutual funds, insurance premiums, various government taxes, etc., as decided by the RBI over time.

3. Uranium Reserves:

• News: Russia and India are likely to agree on a long-term uranium supply pact for a nuclear power plant coming online in the southern state of Tamil Nadu.

• Definition:

•. Uranium is a naturally occurring radioactive element with an atomic number of 92

o. It decays over time, releasing energy.

• Properties:

• Uranium is a relatively common metal, found in rocks and seawater.

• Uranium ranks 48th among the most abundant elements in natural crustal rock.

• Uranium is 18.7 times denser than water.

• The U-235 isotope of Uranium is important due to its fissile nature, allowing it to be split under certain conditions, releasing a lot of energy (nuclear fission).

• U-238 is the most common isotope, accounting for around 99% of natural uranium

• U-238 decays very slowly and is barely radioactive.

• Uranium Enrichment:

• Uranium enrichment is the process of increasing the isotopic proportion of U-235 from 0.72% to up to 94%.

• Global Production:

• Leading Producers: Kazakhstan, Canada, and Australia.

• Important Mines:

• Australia: Olympic Dam and the Ranger mine in Southern Australia.

• Canada: High-grade deposits are found in the Athabasca Basin region.

Important sites include Cigar Lake and the McArthur River basin.

• Kazakhstan: The Chu-Sarysu basin in central Kazakhstan accounts for over half of the country's known uranium resources.

4. Brown Palm Civet : Species in News:

• News: A rare sighting of the Brown Palm Civet has been reported in Koyna Wildlife Sanctuary.

• Common Names: Also known as Jerdon's palm civets, they are endemic to the Western Ghats.

• Ecological Role:

• Brown Palm Civets play a vital role as seed dispersers in their habitat.

• Their presence is crucial in areas where other large seed dispersers are either non-existent or rare due to human-induced factors, promoting native rainforest growth in the Western Ghats.

• Behavior and Habitat:

o. Solitary and Nocturnal: Brown Palm Civets are solitary and nocturnal small carnivores.

• Habitat: They thrive in high-altitude tropical rainforests.

• Distribution: It is endemic to the Western Ghats.

• Found in Anamalai, Periyar, Parambikulam, Kalakkad Mundanthurai, and MeghamalaiTiger Reserves; Kodaikanal, Munnar forest divisions; and Srivilliputhur.

• Also found from Castle Rock in Goa.

• Elevation: Inhabit rainforest tracts at elevations of 500-1,300 meters.


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