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General Awareness for MBA : 17 June – 23 June

Jun 23, 2014 13:54 IST

    Economy

    1. Indian Railways on 20 June 2014 increased the passenger fare by 14.2 percent in all classes and freight charges by 6.5 percent. The revised rates will be effective from 25 June 2014.
    2. Securities and Exchange Board of India (SEBI) on 17 June 2014 issued new norms for public issuance of debt securities. The new norms were issued with a view to tighten the norms governing the public issue of debt securities.
    3. Reserve Bank of India on 18 June 2014 asked banks to disclose sector-wise advances in the Notes to Accounts to the financial statements from financial year 2014-15 onwards. 

    News

    1. Tang Prize Foundation announced the inaugural Tang Prizes on 18 June 2014. The Prize will be given in four categories of Sustainable Development, Sinology, Biopharmaceutical Science and The Rule of Law.
    2. Union Government on 20 June 2014 constituted an independent High Level Committee to inquire into the incident of gas leakage in Bhilai Steel Plant in Chhattisgarh that occurred on 12 June 2014. The Committee has been asked to submit its report by 17 July 2014 
    3. Noted Hindi poet Kedarnath Singh on 20 June 2014 was chosen for the prestigious Jnanpith award for 2013. He is the 10th Hindi writer to receive the honour and is the 49th recipient of Jnanpith award
    4. Juergen Stock of Germany on 17 June 2014 was selected as the candidate of INTERPOL’s Executive Committee to be next Secretary General of the world’s largest international police organisation, INTERPOL
    5. M Shashidhar Reddy, the Vice Chairman of National Disaster Management Authority (NDMA) on 17 June 2014 resigned from his post. He sent his resignation to Narendra Modi, the Prime Minister of India, who is also the chairman of NDMA.
    6. India-born Pratishtha Khanna was honoured with Champions of Change by the White House on 17 June 2014. She is one of 10 local Champions of Change honoured for their exemplary leadership in their communities.
    7. Salman Rushdie, the India-born Booker Prize winning author on 20 June 2014 was named as the winner of 2014 Pen Pinter Prize.
    8. Rajeev Topno was appointed as Private Secretary to Prime Minister Narendra Modi. The Appointment Committee of Cabinet (ACC) approved the name of Topno on 18 June 2014.
    9. India-born Mexican plant scientist, Sanjaya Rajaram will be honoured with the World Food Prize for the year 2014

    Corporate

    1. Nita Ambani on 18 June 2014 was appointed as the Director of Reliance Industries. With this appointment she became the first woman to be appointed on the board of the RIL.
    2. GMR, the Indian infrastructure giant on 19 June 2014 won the arbitration award against Maldivian government for wrongful termination of Airport project contract. 
    3. Nadathur Sarangapani Raghavan, co-founder of Infosys on 17 June 2014 acquired Paladion Networks. Paladion Networks is a Bangalore-based information security services company.
    4. DLF Home Developers Ltd on 16 June 2014 became the first real estate developer in the country to receive ISO Quality Certification. The ISO Quality Certification was given by British Standard Institute (BSI).

    International

    1. The World Health Organization (WHO) on 18 June 2014 declared that number of people killed by the deadly Ebola virus in West Africa has risen to 337. It also said that in the second week of June 2014 14 deaths and 47 new cases were reported across the region. 
    2. Militants on 17 June 2014 captured Iraq's largest oil refinery Baiji refinery. The Baiji refinery is located in Salaheddin province, north of Baghdad in Iraq. Militants attacked refinery with machine gun fire and mortars. 
    3. The African Union’s Peace and Security Council (AUPSC) on 18 June 2014 unanimously restored the membership of Egypt into the apex body of African nations. The decision was reached at the meeting of the 15-member states of AUPSC in Addis Ababa, Egypt.
    4. Dmitry O Rogozin, the Deputy Prime Minister of Russia was on a two-day visit to India. He was on a visit to India from 18 June to 19 June 2014.

    Sports

    1. Magnus Carlsen, the world number one chess player on 18 June 2014 bagged the FIDE World Rapid Chess Championship title in Dubai. To win the Gold medal, he scored 11 of 15 points. 
    2. Former Captain of Bangladesh Mohammad Ashraful on 18 June 2014 was banned for eight years by the disciplinary panel set up by the Bangladesh Cricket Board. 
    3. India won 12 medals overall to finish 5th in final medal tally at the 16th Asian Junior Athletics Championship held in Taipei City, China from 12 June to 15 June 2014.
    4. Australia won the 2014 edition of Men’s Hockey World Cup for second successive time. Australia won against the Netherlands with 6-1 in the final held at Kyocera Stadium in The Hague, Netherlands on 15 June 2014.
    5. Left-arm spinner Murali Kartik on 14 June 2014 announced his retirement from all forms of cricket. During his career, he had played eight Tests and 37 ODIs for India between 1999 and 2007.
    6. Netherlands won the 2014 edition of Women’s Hockey World Cup held in The Hague, Netherlands on 14 June 2014. It defeated Australia 2-0 in the final. This is Netherlands seventh title

     

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