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General Awareness for MBA : 1 Juy – 7 July

Jul 7, 2014 15:30 IST

    Economy

    1. National Bank of Agriculture and Rural Development (NABARD) and Small Farmers Agribusiness Consortium (SFAC) on 4 July 2014 signed a Memorandum of Understanding (MoU) for the development of Small Farm Producers.
    2. The Cabinet Committee on Economic Affairs (CCEA) on 2 July 2014 approved the inclusion of onion and potato under the purview of stock holding limits under the Essential Commodities Act 1955. The inclusion will remain in force for a year. 
    3. Indian Railways on 3 July 2014 successfully conducted a trial run of a semi-high-speed train to make travel faster between Delhi and Agra. This train is equipped with an electronic locomotive of WAP 5400 horse power from the Ghaziabad Loco Shed. It is the country’s fastest train. 

    News

    1. President Pranab Mukherjee on 1 July 2014 joined Twitter with the handle - @RashtrapatiBhvn. He is the first serving president of India to join Twitter.
    2. Michelle Howard became the first female four-star admiral in US Navy. She is the first women admiral in 236 year old history of US Navy.
    3. Four India-born Americans were honoured on the eve of US Independence Day on 4 July 2014. They were honoured for their contributions to the US during annual Great Immigrants tribute held in New York, US.
    4. DY Patil, the Governor of Bihar, on 4 July 2014 assumed the additional charge of West Bengal as the acting Governor. His oath of the office was administered by senior most judge Justice Asim Kumar Bandyopadhya of the Calcutta High Court at a function in Raj Bhawan in Kolkata. 
    5. Special Air India flight carried 46 Indian nurses and 137 others from Erbil in Kurdistan, Iraq arrived to Kochi in Kerala, India on 5 July 214. 
    6. Bharat Vir Wanchoo, the Governor of Goa resigned on 4 July 2014. He is the fifth Governor to resign in last one month after M K Narayanan (West Bengal), B L Joshi (Uttar Pradesh), Shekhar Dutt (Chhattisgarh) and Ashwani Kumar (Nagaland).

    Corporate

    1. Adani Ports & SEZ Ltd (APSEZ) on 4 July 2014 formed a joint venture (JV) with French shipping company CMA CGM to build a container terminal. The container terminal will be built at Mundra in Gujarat.
    2. The Asian Development Bank (ADB) on 3 July 2014 announced to provide 50 million US dollars of equity investment into an Indian company, ReNew Power Ventures Private Limited.

    International

    1. Senegal President Macky Sall on 4 July 2014 sacked Prime Minister Ms Aminata Toure. She was sacked due to her failure to win a seat from Dakar in the 2014 local elections.
    2. Japan on 1 July 2014 ended the 60 years of pacifism giving Army the option to exercise force. The resolution towards this was adopted by Japanese Cabinet headed by Prime Minister Shizo Abe.
    3. China – South Korea bilateral summit was held in Seoul on 3 July 2014. The summit was held between South Korean President Park Geun-hye and Chinese President Xi Jinping. It was held during the Chinese President Xi’s first visit to South Korea since he became the President in 2013.
    4. Japan on 3 July 2014 issued multiple entry visas for short term stay to Indians. The visas will allow Indian visitors to spend up to 15 days on a visit and the visas are likely to be valid for three years.
    5. Four-party meet held in Berlin on 2 July 2014 agreed on a series of step to resume the ceasefire in eastern Ukraine. The four-party meet was held between Foreign Ministers of Russia, Ukraine, Germany and France.
    6. France on 30 June 2014 announced to provide one billion Euros (8200 crore rupees) line of credit over a three years period to India. The announcement was made by French Foreign Minister Laurent Fabius who is on a visit to India.
    7. Sri Lanka and Seychelles on 28 June 2014 signed 6 agreements of bilateral importance. The agreements were signed during the visit of Sri Lankan President to Seychelles.
    8. India and China on 30 June 2014 signed three agreements in the fields of commerce, water resources and human resources development. The signed agreements will facilitate China to set up industrial parks, share hydrological information during Brahmaputra floods and impart training to public officials.

    Sports

    1. Novak Djokovic of Serbia on 6 July 2014 won the Men’s Wimbledon Tennis Open defeating Roger Federer of Switzerland. He defeated Federer 6-7(7), 6-4, 7-6(4), 5-7, 6-4. This is the second Wimbledon title for 27-year-old, Djokovic and seventh career Grand Slam. Djokovic won his first Wimbledon title in 2011.
    2. Marylebone Cricket Club XI on 5 July 2014 won the match played to celebrate 200-years (bi-centenary) of Lord’s Cricket Ground – the Home of Cricket. Sachin Tendulkar-led MCC XI beat Shane Warne-led Rest of the World XI in Lord’s in London, UK.
    3. Jitu Rai became World Number 1 pistol shooter in the men's 10m air pistol category. This was revealed by the latest rankings released by the International Shooting Federation (ISSF) on 1 July 2014.
    4. Pankaj Advani, the Indian cueist on 29 June 2014 won his maiden IBSF 6-Red World snooker title at Sharm el-Sheikh in Egypt. To win the title, he defeated Kacper Flilpiak of Poland in a game that lasted for an hour. 

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    DISCLAIMER: JPL and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.

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