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Edited by Rajesh Goyal)* GK News Analysis Updates for Competition Exams – 24th to 31st July, 2014 (Edited by Rajesh Goyal)* July Heading Detailed News 2014 24th CONCOR public- The Ministry of Heavy Industries and Public sector became Enterprises, Department of Public 17th Navratna Enterprises, Government of India granted status company. Navratna status to Container Corporation of India Limited (CONCOR) in July 2014. CONCOR is a PSU engaged in providing comprehensive logistics solutions. It has the largest network of 62 inland container depots (ICDs)/container freight stations in India. In addition to providing inland transport by rail for containers, it has also expanded to cover management of ports, air cargo complexes and establishing cold-chain. The Government of India (GoI) holds 61.80% stake in CONCOR (in terms of shareholding pattern as on 30 June 2014). 24th India at third The IMF has updates it’s the World Economic place on PPP Outlook estimates of Purchasing Power Parity bases (PPP) weights and GDP after the International Comparison Programme (ICP) released new benchmarks for 2001. India is now the third biggest economy on the PPP basis. In terms of market exchange rates, India has only a 2.5% share. 24th World’s largest Scientist in China Sichuan province have aquatic insect discovered the world’s largest aquatic insect discovered in which has pincer-liked mandible cover a China Sichuan man’s face. 24th Cabinet clears The Union cabinet approved a proposal to 49% FDI in ease foreign direct investment (FDI) limit in Insurance, the domestic insurance sector to 49% from pension reform 26%, signaling NDA government’s intent to next draw capital and investment into an economy that is struggling to claw out of a crippling slowdown. 25th Ukraine's PM Ukraine’s Prime Minister Arseniy Yatsenyuk resigns, has resigned after his governing coalition complicating collapsed. The shock announcement added to MH17 probe an already chaotic situation in the rebel- controlled east parts of the country. International experts are at present carrying out investigation into downing of Malaysia Airlines flight MH17 that left 298 dead. 25th B D Tandon is new Balram Das Tandon, another Senior BJP Chhattisgarh leader, has been appointed as the fifth Governor Governor of Chhattisgarh. 25th Salman Khan is Salman Khan, popular Bollywood star, has brand been appointed as the brand ambassador by ambassador for plumbing pipe major Astral Poly Technik Ltd Astral for two years. 25th Twelve banks In late 2013, Reserve Bank of India carried out fined by the RBI a scrutiny of the loan and current accounts of for violating RBI Deccan Chronicle Holdings Ltd., in certain rules in the case of branches of banks which have given loan to Deccan Chronicle Deccan Chronicle Holdings. After this Holdings scrutiny, RBI concluded that some of the violations were substantiated and thus imposed monetary penalties. These 12 banks are – Andhra Bank (Rs 10 lakh), Axis Bank (Rs 15 lakh), Canara Bank (Rs 10 lakh), Corporation Bank (Rs 10 lakh), HDFC Bank (Rs 5 lakh), ICICI Bank (Rs 40 lakh), IDBI Bank (Rs 15 lakh), IndusInd Bank (Rs 10 lakh), Kotak Mahindra Bank (Rs 10 lakh), Ratnakar Bank (Rs 5 lakh), State Bank of Hyderabad (Rs 10 lakh) and Yes Bank (Rs 10 lakh). 25th Government has Government has informed that it is not July no proposal to considering any proposal to integrate the UID integrate Aadhaar (Aadhaar) project with National Population project & NPR Register (NPR). www.BestGuru.com The new government will continue Aadhaar registrations as Rs 2,039.64 crore has been provided in the budget 2014-15 for Aadhaar, as against Rs 1,550 crore allocated in 2013-14. Around 73.71 crore Aadhaar enrolments have been done till mid-July. 26th Typhoon Matmo Typhoon Matmo (a tropical cyclone and was killed thirteen known as Typhoon Henry in the Philippines) people in China struck Taiwan and China. More than 2.5 and affected about million people were affected as the impact of 2.5 million people the typhoon was wide spread. Matmo was the 10th typhoon to affect China this year and destroyed homes and crops and caused direct economic losses worth 3.37 billion Yuan ( or equal to $547 million). 26th 15th anniversary The 15th anniversary of Kargil Vijay Diwas of Kargil Vijay was observed throughout India to remember Diwas being the sacrifices of Indian Jawans who laid down observed their lives in Kargil war in 1999. throughout the country [The armed conflict had broken out in Kargil in 1999, when Pakistani soldiers infiltrated into India. The Indian Army fought bravely in the high altitude mountains of Kargil hills and forced Pakistani troops to beat a retreat] 26th CWG 2014 Indian sportspersons have continued their winning streak at Glosgow Games. [The details of these are covered in a separate article, which all candidates must read. 26th Kaptan Singh Kaptan Singh Solanki, a BJP veteran and Solanki appointed Rajya Sabha member was appointed as the Haryana Governor of Haryana [in place of Jagannath Governor Pahadia] 26th Woodland, A well known grand, Woodland (Footwear UNICEF to launch and apparel maker) has tied up with UNICEF water, sanitation to promote a water, sanitation and hygiene campaign in campaign (WASH) in Assam. Assam This is the third year of their tie-up. The idea of the partnership is to support UNICEF’s www.BestGuru.comefforts to advocate the importance of safe drinking water, sanitation and hygiene. Over the last two years, Woodland has contributed approximately Rs 1.25 crore towards the programme, the company said in a release. 26th Prime Minister In a major initiative , PM, Narendra Modi, on Narendra Modi completion of 60 days in Government, launched an launched an interactive website named interactive www.mygov.nic.in that aims to engage all the website youth of the country in the nation’s mygov.nic.in development and ideas from all the volunteers. Various people as well as experts will be now able to discuss and share thoughts on different topics relating to India’s development. This will also empower the people to contribute towards good governance through various tasks and discussions. The platform is not intended to be a grievance redressal mechanism, but an initiative that will help government to engage all the people and get their ideas. 27th RBI, Monetary The Reserve Bank of India has inked a Authority of Hong memorandum of understanding (MoU) with Kong ink MoU for the Monetary Authority of Hong Kong for info exchange exchange of supervisory information. The RBI signed a Memorandum of Understanding (MoU) for supervisory cooperation and exchange of supervisory information with the Monetary Authority, Hong Kong," RBI said in a notification. With this, RBI has signed MoUs with 21 supervisors for supervisory co-operation. 27th RBI allows NBFCs Non-Banking Financial Companies (NBFCs) to use e-KYC have been allowed to accept e-KYC service as a service to verify valid process to verify identity and address identity proof of customers to reduce risk of fraud and forgery. "In order to reduce the risk of identity fraud, document forgery and have paperless KYC verification, UIDAI has launched its e-KYC service. 27th International An international conference on women www.BestGuru.comconference on entrepreneurship would be held here starting women October 18. entrepreneurship in October 27th Amitabh Amitabh Bachchan, was appointed as the Bachchan named horticulture ambassador of Maharashtra. as Maharashtra's With this appointment, he will start horticulture promoting the horticulture sector in ambassador Maharashtra. Maharashtra, the western Indian state is India's largest fruit producing state with around two million hectares area covered in fruit orchards. The 71-year-old actor is also the face of Gujarat tourism as well as the polio eradication campaign. 27th One in every 3 India has become a majority ingredient in Apple engineers is Apple’s success story. It is estimated that a Indian third of the $ 171-billion company’s engineering staff is Indian, and that a large and increasing proportion of its enterprise software, service and support work is done by Indian IT vendors. 28th World Hepatitis World Hepatitis Day is an annual event on the Day being 28th July that provides international focus for observed patient groups and people living with viral hepatitis. It is an opportunity to raise awareness and influence real change in disease prevention and access to testing and treatment. It is observed all over the world to generate mass awareness about the deadly disease. [INTERESTING FACTS : The theme of this year's World Hepatitis Day was 'It's closer than you think.' With about one million people worldwide dying due to hepatitis - and millions suffering immediate sickness or developing chronic illness - the theme reflects the lurking dangers of the disease. India has over 40 million Hepatitis B infected patients, second only to China, and most people are infected with chronic Hepatitis B or C] www.BestGuru.com 28th Bharti Airtel telecom company Bharti Airtel’s subscriber base across mobile, recently became fixed line and DTH services crossed 300 the first in India million recently. Company’s latest 100 million to have a combined subscribers were added in less than 2 years. subscriber base of Bharti Airtel has been ranked as the fourth- over 300 million largest mobile service provider globally and second-largest globally outside of China. 29th International International Tiger Day is held annually on Tiger Day 2014 July 29 to give worldwide attention to the observed across reservation of tigers. The day is celebrated as the world an awareness day. The goal of the Tiger Day is to promote protection and expansion of the wild tiger habitats and also to gain support awareness for tiger conservation.
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