Assam Current Affairs – October 25-27, 2022

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Assam & NE Current Affairs & GK – October 25-27, 2022

( Covers all important Current Affairs & GK topics for the October 25-27, 2022)

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Current Affairs GK & Quiz Monthly – July 2022

Assam Current Affairs and GK Quiz – Set 316: July 2022, Week 4 

October 25-27, 2022

Government of India approved the establishment of Terai Elephant Reserve in Uttar Pradesh

The Union Ministry of Forest and Environment has given its approval to establish the Terai Elephant Reserve (TER) in Uttar Pradesh. 

Key Points

  • Terai Elephant Reserve (TER), which covers 3,049 sq km including Dudhwa Tiger Reserve and Pilibhit Tiger Reserve located in Lakhimpur and Pilibhit districts.
  • It will be the 33rd elephant reserve to be set up in India.
  • This reserve will be developed in the joint forest areas of Dudhwa and Piliphit tiger reserve and will cover the conservation of four wild species including tiger, Asian elephant, swamp deer, and one-horned rhinoceros.
  • The establishment of this reserve will help to conserve the trans-boundary migration of elephant populations and will also help to protect the neighbouring villages in the Indo-Nepal border area of Uttar Pradesh.
  • The government will provide all financial and technical assistance under project Elephant, which will help in handling human-elephant conflicts.

Financial Action Task Force (FATF) has included Myanmar on the list of high-risk countries 

The Financial Action Task Force(FATF) has included Myanmar on the list of high-risk countries called as ‘Black List’ and has called on members to apply enhanced due diligence to business relations and transactions in Myanmar.

Myanmar was added to the FATF list of high-risk nations for its failure to mark strategic deficiencies as committed by it in February 2020.

Democratic People’s Republic of Korea (DPRK) and Iran was put on blacklist by the anti-terror financing and anti-money laundering watchdog earlier in february in 2020.

Financial Action Task Force (FATF)

  • The Financial Action Task Force (FATF) is an inter-governmental body established in 1989 on the initiative of the G7 to develop policies to combat money laundering and to maintain certain interest. 
  • The body checks the progress in implementing its recommendations through “peer reviews” of member nations.
  • It aims to set standards and boost the effective implementation of regulatory, legal, and operational measures for combating money laundering, terrorist financing, and other threats related to the integrity of the International financial system.
  • It is a “policy-making body” that works to generate the necessary political will to bring about national legislative and regulatory reforms in these areas.
  • The Grey List includes countries that are considered safe haven for supporting terror funding and money laundering and the Black List includes Non-Cooperative Countries or Territories (NCCTs) that support terror funding and money laundering activities.

Indian, US Militaries Conduct ‘Tiger Triumph’ Exercise

The Indian and US militaries carried out a three-day joint humanitarian assistance exercise in Visakhapatnam, Andhra Pradesh.

The 2022 edition of the Tiger Triumph exercise is the second joint exercise between India and the US to coordinate disaster relief in the region. The first exercise took place over the course of nine days in November 2019.

Key Points

  • Tiger Triumph exercise is a comprehensive endeavor of the Indian and US military and diplomatic representatives to provide coordinated disaster relief to a third country hit by a super-cyclone. 
  • Its objective was to streamline diplomatic, operational, and logistical coordination between the two countries while responding to disasters. 
  • This exercise sought to improve interoperability between India and the US and create a multinational command and control model for humanitarian assistance in the Indian Ocean Region (IOR). 
  • It is the first tri-services exercise between the US and India.
  • Tiger Triumph marked the third time in 2022 that Indian and US militaries have worked together in Vishakhapatnam.

Indian Space Research Organization (ISRO) launches LVM3 M2

Indian Space Research Organisation’s Launch Vehicle Mark 3 (LVM3) mission will launch 36 OneWeb Gen-1 satellites, from the Satish Dhawan Space Centre in Sriharikota.

Key Points

  • LVM3 is the dedicated commercial satellite mission of New Space India Limited (NISL), a central public sector enterprise under the Department of Space. This is the first LVM3 dedicated commercial launch on demand through NSIL.
  • The 43.5 metre LVM3 weighing around 644 tonnes carried 36 satellites weighing 5,796 kg or about 5.7 tonne. 
  • The LVM3 was conceived primarily for launching geo-stationary satellites with a payload capacity of 4T, which can be used for launching 6T payloads for LEO. 
  • This is a three-stage launch vehicle consisting of two solid propellant S200 strap-ons on its sides and core stage comprising L110 liquid stage and C25 cryogenic stage.
  • With this launch, LVM3 has made its entry into the global commercial launch service market.