Important Facts for Prelims (10th November 2018) | 10 Nov 2018

The 25th edition of SIMBEX (Singapore-India Maritime Bilateral Exercise)-2018 is scheduled to be held in Andaman Sea and Bay of Bengal.
The 2018 edition marks the Silver Jubilee of SIMBEX.
The previous edition of the exercise was held off Singapore in the South China Sea in May 2017.
SIMBEX 2018 will be the largest edition since 1994 in terms of scale and complexity.
This Exercise will complement India’s ‘Act-East’ policy.
The aim of 'Act East Policy' is to promote the country's economic cooperation, cultural ties and develop strategic relationship with countries in the Asia-Pacific region through continuous engagement at bilateral, regional and multilateral levels.
It was originally conceived as an economic initiative but has gained political, strategic and cultural dimensions, including establishment of institutional mechanisms for dialogue and cooperation.

Global Cooling Innovation Summit is being jointly organized by the Department of Science and Technology, Government of India, along with Rocky Mountain Institute, Alliance for An Energy Efficient Economy (AEEE), Conservation X Labs and CEPT University.
The Summit is a first-of-its-kind solutions-focused event that will bring together leaders from around the world to explore concrete means and pathways to address the climate threat that comes from the growing demand from room air conditioners.
The summit is going to launch Global Cooling Prize -Mission Innovation challenge that aims to spur development of a residential cooling solution that has at least five times (5x) less climate impact than today's standard.
Global Cooling Prize is a competition with global reach and participation to achieve dramatic breakthroughs in cooling technologies.