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Prelim Bits 12-01-2017

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January 13, 2017

National Commodity & Derivatives Exchange:

  • NCDEX is an online commodity exchange based in India.
  • It provides a commodity exchange platform for market participants to trade in commodity derivatives.
  • It is a public limited company, incorporated under the Companies Act, 1956 and is regulated by the SEBI.
  • It offers futures trading in 31 agricultural and non-agricultural commodities.

Exocomet:

  • An exocomet or extrasolar comet is a comet outside the Solar System i.e those that orbit stars other than the Sun.
  • They are significant because they are considered fossil bodies that have seen the physical and chemical conditions prevailing at the time of planet formation.

Rogue Planet:

  • A rogue planet or starless planet is a planetary-mass object that orbits the galaxy directly.
  • They have either been ejected from the planetary system in which they formed or have never been gravitationally bound to any star or brown dwarf.

Babur – 3:

  • Pakistan launched a Submarine Launched Cruise Missile (SLCM), Babur-3, having a range of 450 kilometers.
  • It is fired from an underwater, mobile platform and hit its target with precise accuracy.
  • It completes Pakistan’s nuclear triad i.e a nuclear-armed nation's ability to deliver nuclear warheads from launch systems based on land, in the air and from sea.
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