TNPSC Current Affairs July 05, 2019

www.tnpsc.academy – TNPSC Current Affairs July 05, 2019 (05/07/2019)

Topic: General Administration, Latest Diary of Events

Centre and IBM to jointly study on using AI in Agriculture

Union Ministry of Agriculture and Farmers Welfare has signed a Statement of Intent (SoI) with IBM India Private Limited for undertaking a pilot study to utilise Artificial Intelligence (AI) and weather technology solutions in agriculture in selected pilot districts.

The pilot study will be undertaken in 3 districts of Bhopal, Rajkot and Nanded in Madhya Pradesh, Gujarat and Maharashtra respectively.

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Topic: Reports and Summits, International Diary of Events

Turnover ratio

According to the World Bank, India’s turnover ratio at 58 in 2018 was a 43 per cent drop from 101 recorded in 2004.

What is it?

A turnover ratio represents the amount of assets or liabilities that a company replaces in relation to its sales. The concept is useful for determining the efficiency with which a business utilizes its assets.

In most cases, a high asset turnover ratio is considered good, since it implies that receivables are collected quickly, fixed assets are heavily utilized, and little excess inventory is kept on hand. This implies a minimal need for invested funds, and therefore a high return on investment.

Conversely, a low liability turnover ratio (usually in relation to accounts payable) is considered good, since it implies that a company is taking the longest possible amount of time in which to pay its suppliers, and so has use of its cash for a longer period of time.

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Topic: Space Technology, Latest Diary of Events

Artificial Gravity

A Team of Scientists from University of Colorado, USA is working on making the concept of artificial gravity a reality.

Artificial gravity means spacecraft generating their own gravity by spinning around in space. This will ensure astronauts remain healthy during space explorations and stay for longer periods.

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Topic: Profile of States, Latest Diary of Events

Longest Electrified Railway Tunnel in India

South Central Railway (SCR), one of the 18 zones of Indian Railways has commissioned the longest electrified railway tunnel in India.

Key facts:

This tunnel measures 6.6 kilometers. It is situated between Cherlopalli and Rapuru railway stations in Nellore district, Andhra Pradesh.

It is part of 113 km new railway line completed recently between Obulavaripalli-Venkatachalam-Krishnapatnam port. The tunnel construction was completed in a record time of 43 months.