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General Awareness for MBA : 14 July to 20 July

Jul 21, 2015 15:30 IST

    Economy

    1. Ministry of Railways on 17 July 2015 modified some rules pertaining to purchase of takal tickets of Indian Railway. Under the modified rules, passengers booking tatkal tickets from computerised reservation counters will no longer be required to furnish photocopy of identity proof or to indicate its number at the time of booking at the counter or through internet.
    2. The Reserve Bank of India on 17 July 2015 signed a Special Currency Swap Agreement with the Central Bank of Sri Lanka.Under the arrangement, the Central Bank of Sri Lanka can draw up to 1.1 billion US dollar for a maximum period of six months.
    3. Reserve Bank of India (RBI) on 16 July 2015 permitted Cooperative Banks with Core Banking Solution (CBS) to issue ATM cards/ATM-cum-debit cards in tie with a sponsor banks.
    4. The Competition Commission of India (CCI) on 17 July 2015 imposed penalty of 671.05 crore rupees upon four Public Sector Insurance Companies. 

    News

    1. Alcides Edgardo Ghiggia, the Uruguayan soccer legend, died on 16 July 2015 following a heart attack. He was 88.
    2. Nelson Mandela International Day was observed across the world on 18 July 2015 to honour the former South African President and Nobel Peace Prize laureate Nelson Mandela (1918-2013).
    3. Prashant Pathrabe was on 17 July 2015 appointed as Interim Director of Film and Television Institute of India (FTII). His appointment was approved by Union Information and Broadcasting Ministry. However, he will also continue to serve as the Director of Press Information Bureau (PIB) unit in Pune.
    4. Noted Urdu fiction writer Dr Bisheshar Pradeep died in Lucknow, Uttar Pradesh on 19 July 2015. He was 80.
    5. Kerala Tourism's Muziris Heritage Project (MHP) on 18 July 2015 bagged the 2015 Pacific Asia Travel Association (PATA) award in the ‘Heritage & Culture’ category.

    Corporate

    1. The Competition Commission of India (CCI) on 17 July 2015 approved the proposed deal related to a Joint Venture Aegon Religare Life Insurance Company where Religare Enterprises will now exit this joint venture.
    2. An India-based software products and technology services company Comparex India Pvt. Ltd on 14 July 2015 won the prestigious Microsoft Country Partner of the Year Award for 2015. Comparex India Pvt. Ltd is headquartered in New Delhi.
    3. Four Indians-Mishi Choudhary, Manish Dahiya, Sanjay Vijayakumar and Aarti Wig- were figured in the Asia 21 Young Leaders Class of 2015 list that was released on 8 July 2015 in New York, the USA.
    4. The Union Government on 12 July 2015 appointed international lawyer Rodrigo Oreamuno to arbitrate with the UK telecom major Vodafone in the 20000 crore rupees tax case on its behalf. Oreamuno replaces former Chief Justice of India RC Lahoti, who recused himself in May 2015.
    5. Tata Steel's West Bokaro Division was on 11 July 2015 conferred with the Golden Peacock Environment Management Award (GPEMA) 2015 in New Delhi.

    National

    1. The Union Minister of State for Home Affairs Haribhai Parathibhai Chaudhary on 17 July 2015 launched the Centralized Delhi Police Railway Helpline number 1512. This helpline will serve as a very useful mechanism for rail passengers.
    2. Justice Kurian Joseph of the Supreme Court (SC) on 15 July 2015 sought a clarification from the Union Government on the constitutional status of the Chief Justice of India.
    3. Union Government on 16 July 2015 brought 39 more drugs under the price control regime. These drugs include the ones to treat diseases such as diabetes, infections, digestive disorders and pain among others, in an effort to make them affordable.
    4. The Union Cabinet chaired by the Prime Minister Narendra Modi on 16 July 2015 gave its approval for redevelopment of 400 railway stations (‘A-1’ and ‘A’ category). These stations will be redeveloped by adopting the Swiss Challenge method. 

    International

    1. Hellenic Parliament of Greece on 16 July 2015 gave its nod to the European Union mandated austerity related legislative measures, thus, paving the way for Greece to tap into EU bailout funds.
    2. Lower House of Japan’s Parliament (Diet) on 16 July 2105 approved 11 security-related bills that change the self-defence law, which was followed by Japan since World War -II.
    3. United States (US) Department of Defense (DoD) on 13 July 2015 decided to set up a working group to study the policy and readiness implications of allowing transgender persons to serve in the military of the nation. 
    4. Ending a 12-year stand-off, Iran and P5+1 countries comprising of the United States, the United Kingdom (UK), Russia, China, France and Germany on 14 July 2015 reached an agreement on the Iran nuclear programme.
    5. Cameroon on 16 July 2015 banned wearing of full-face Islamic veil, including the burka, in the Far North region.

    Sports

    1. Amelie Mauresmo, the two-time Grand Slam winner and former number one tennis player of France, was on 18 July 2015 inducted into the International Tennis Hall of Fame.
    2. The Governing Council (GC) of the Champions League Twenty20 (CLT20) on 15 July 2015 decided to scrap the CLT20 competition due to its limited public following.
    3. The Kerala High Court on 15 July 2015 observed that the Kerala Cricket Association (KCA) was not a public office. KCA is a member of the Board of Control for Cricket in India (BCCI).
    4. The Archery Association of India (AAI) on 16 July 2015 constituted a three-member committee to investigate the reasons behind men’s compound archery team’s failure to appear for the bronze medal play-off at the World University Games.
    5. Bangladesh on 15 July 2015 won the three-match One Day International (ODI) series against South Africa 2-1 played in Bangladesh.

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