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Showing posts from March, 2020

Importance of Methanol: Economic + Environment

Methanol economy in India Methanol Vs Ethanol ....click here Why Methanol? What India can do? Methanol Benefits in Transportation sector Methanol Benefits in Marine Sector Methanol in Railways Methanol & DME in Cooking fuel program Summary India needs around 2900 cr litres of petrol and 9000 cr litres of diesel per year currently, the 6 th  highest consumer in the world and will double consumption and become 3 rd  largest consumer by 2030. Our import bill on account of crude stands at almost 6 lac crores. Hydrocarbon Fuels have also adversely affected the environment with Green House Gas Emissions (GHG). India is the third highest energy related carbon dioxide emitter country in the world. Almost 30% pollution in cities like Delhi is from automobiles and the growing number of automobiles on the road will further worsen the pollution. The recent situation is alarming and time has come for the Govt to present a comprehensive road map to reduce the urb...

Science and Tech

The Hayabusa2 probe launched the French-German Mobile Asteroid Surface Scout, or MASCOT towards the Ryugu asteroid’s surface. About MASCOT:  The 10-kg box-shaped MASCOT is loaded with sensors. It has been built by the German Aerospace Center (DLR) and the French Space Agency (Cnes).  It can take images at multiple wavelengths, investigate minerals with a microscope, gauge surface temperatures and measure magnetic fields.  MASCOT will be largely immobile — it will “jump” just once on its mission, and it can turn on its sides.  The MASCOT has a maximum battery life of just 16 hours. MINERVA-II micro-rovers : About 10 days ago, Hayabusa2 dropped a pair of MINERVA-II micro- rovers on the Ryugu asteroid . It was the first time that moving, robotic observation device have been successfully landed on an asteroid. The rovers will take advantage of Ryugu’s low gravity to jump around on the surface -travelling as far as 15 metres (49 feet) while airbourne and staying in the a...

BASEL Norms

BASEL norms 1,2 & 3 Challanges faced by global banks that lead entire world's bank to Switzerland's city called-BASEL: 1)Risk management: high NPA 2)Misuse of the banks: By gov and budinessman 3)banks transparency:banks different rate and profit and NPA should be in public domain 4)Credit allocation SOLUTION: led to Principal of global Banking: 1)Minimum Rjequirements 2)Supervisary review process 3)Market Discipline Minimum Requirement: It is the minimum level required by the banks to follow across the world. Here minimum requirement is divided in two parts  1)capital requirements(For banks to grow)  2)Reserved requirements(for banks to be  stable and minimise losses) Supervisary review process: RBI is the supervisor of banks in INDIA. so under this RBI has to make laws for license, guideline and punishment. this is made for proper review of banking. Market Discipline: RBI makes it coumpusary for banks to publish all its details for public viewing. BASEL1:...