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Banking & Finance
Renukaji Dam Project: 27 December 2021 Current Affairs
On December 27, 2021, Prime Minister Narendra Modi will lay the foundation stone for the Renukaji Dam Project in Himachal Pradesh. It’s a Rs 6,700-crore project on the Giri river in the Sirmaur district. The project will generate 200 million units of energy in a surface power station with a 40 MW installed capacity once completed. The dam will have a storage capacity of 498 million cubic meters. It will meet around 40% of Delhi’s drinking water demands. For the past three decades, the dam’s development has been put on hold. It will take shape after six states collaborate, including Himachal Pradesh, Haryana, Uttar Pradesh, Delhi, Rajasthan, and Uttarakhand.
Science & Technology
AI Project: 27 December 2021 Current Affairs
Using artificial intelligence, Chinese researchers have devised a system that can charge people with crimes. This is the first developed country in the world. The AI prosecutor is capable of filing charges with a 97 percent accuracy rate. It will submit a charge based on the case’s spoken description. Shanghai Pudong People’s Procuratorate, China’s largest and busiest district prosecution office, designed and tested it. It’s possible that it’ll operate on a desktop PC. The prosecutor would file a charge against each defendant based on 1,000 features extracted from human-generated case description language. More than 17,000 instances were used to “teach” the system between 2015 and 2020.
National
Trincomalee Oil: Free Current Affairs of Today
Sri Lanka and India are expected to finalize a long-awaited agreement to jointly construct the ‘Trincomalee oil tank farm’ soon. The Trincomalee oil tank farm is a long-awaited project that has caused controversy. For the past 16 months, India and Sri Lanka have been working on this effort. Sri Lanka’s Energy Minister, Udaya Gammanpila, has given permission for the Ceylon Petroleum Corporation (CPC) to establish a subsidiary called Trinco Petroleum Terminal Ltd to manage this. President Gotabaya Rajapaksa has given his permission to the creation of a special purpose vehicle. The Trincomalee Oil Tank Farm is located at ‘China Bay.’ It is made up of 99 storage tanks with a total capacity of 12,000 kilolitres that are spread over the Lower and Upper Tank Farms.