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General Awareness for MBA : 24 June – 30 June

Jun 30, 2014 15:30 IST

    Economy

    1. Union Ministry of Commerce and Industry on 26 June 2014 delicensed manufacturing of defence items. Almost 55 percent of the defence items have been removed from the compulsory licensing list.
    2. The Union Government on 24 June 2014 granted Navratna status to Engineers India Ltd (EIL) and National Buildings Construction Corporation (NBCC).
    3. Union Ministry of Commerce and Industry on 27 June 2014 upgraded the National Industrial Classification -1987 (NIC-1987) to National Industrial Classification-2008 (NIC-2008). 

    News

    1. Researchers at the University of York in the U.K. designed an alternative to passwords called Facelock. The new alternative will be based on the psychology of facial recognition. Facelock builds upon the psychological insight by having users choose a selection of faces that are well known to them. The new research was published in the open-access journal PeerJ.
    2. Indian sand artist Sudarsan Pattnaik on 27 June 2014 won the People's Choice prize at the World Cup of Sand Sculpting-2014 held in the Atlantic City of the US.  He won prize for his work Save Tree, Save the Future.  This is first sand art world cup at USA 2014.
    3. France on 25 June 2014 announced to honour Shahrukh Khan with Officer of the Legion of Honour for his contribution to Cinema.
    4. UK firm East India Company on 23 June 2014 issued an exclusive legal tender gold coins in honour of Sachin Tendulkar. The company will issue limited 210 gold coins. Each gold coin weighing 200 grams will be worth 12000 pound sterling.
    5. Former TATA Group Chairman Ratan Tata on 21 June 2014 received an honorary doctor of laws degree from York University in Toronto, Canada. The award was given for his achievements in promoting innovations, exemplary leadership and corporate social responsibility. 
    6. Indian-origin judge V K Rajah on 25 June 2014 was appointed as 8th Attorney-General of Singapore. President of Singapore Tony Tan Keng Yam presided at the swearing-in of Justice V K Rajah.
    7. A book Blood Feud: The Clintons vs. the Obamas written by Edward Klein was released. The book was published by the publishing house Regnery. 
    8. Founder of Himalayan Natural Mineral Water Brand Dadi Balsara died on 19 June 2014. He was 81. He died due to heart attack.

    Corporate

    1. Additional secretary A.K. Dubey on 25 June 2014 was appointed as Chairman of Coal India Limited with immediate effect. He will serve his post as an additional charge till a full-time chairman is appointed. 
    2. Google on 25 June 2014 launched Project Android One to build ultra cheap Smartphone at Google I/O 2014 in San Francisco. Google I/O is Google's annual developer conference.
    3. Global giant HSBC Bank on 24 June 2014 sold its Swiss private banking assets worth 12.5 billion dollars to Liechtenstein’s LGT Bank. Under the transaction, LGT Bank will acquire over 10 billion Swiss francs in Assets under Management and around 70 staff.
    4. The Indian Patent Office on 23 June 2014 refused to grant a patent on anti-cancer drug Abraxane of US firm Abraxis BioSciences
    5. Air India, the national air carrier of India, joined the global airlines grouping, Star Alliance. The decision to admit Air India into the Star Alliance was taken during a meeting of the Star Alliance Chief Executive Board (CEB) on 23 June 2014 in London.

    International

    1. Chung Hung Won was retained as Prime Minster of South Korea on 25 June 2014. The President of South Korea, Park Geun-Hye announced the decision to retain the Chung Hung Won who had resigned over ferry disaster in April 2014.
    2. International Seafarer's day was observed on 25 June 2014. The day is observed to give thanks to the seafarers for their contribution to the economy and civil society of the world, also for risks and personal costs borne by them while being in their jobs. 
    3. World Vitiligo Day was observed across the world on 25 June 2014. The day is specially dedicated to people with vitiligo. 
    4. Jean-Claude Juncker on 26 June 2014 was named as the next president of the European Commission. He was backed by all EU member states, except Britain and Hungary.
    5. Kim Jong-Un, the North Korean leader on 25 June 2014 replaced his defence minister Jang Jong-Nam. General Hyon Yong-Chol replaced Jang Jong-Nam as Minister of the People’s Armed Forces. 
    6. For the first, Pune’s Fergusson College on 26 June 2014 has included the category of third gender in its application forms for academic programs. The courses will begin from 2014-15.

    Sports

    1. Saina Nehwal, an Indian badminton ace on 29 June 2014 won 750000 US dollar Australian Open Super Series by defeating Carolina Marin of Spain 21-18, 21-11 in final played at Sydney.
    2. 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.
    3. 35th National Games dates were announced on 26 June 2014 at the Members’ Lounge of the Kerala Legislative Assembly complex, Thiruvananthapuram by Indian Olympic Association (IOA). The games will be held at 32 different venues across seven districts of Kerala from 31 January to 14 February 2015.  
    4. Jitu Rai on 19 June 2014 became the first Indian to win three medals in successive ISSF Shooting World Cup. 
    5. Narayanaswami Srinivasan on 26 June 2014 was formally appointed as the first Chairman of the International Cricket Council (ICC) for a period of two years from 2014 to 2016.

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    “Jagran Josh also helps to get information about Top MBA Institutes based upon your choice of Location and Specialization. Click here to get details & the Best Seller “MBA Pedia” eBook, absolutely FREE.

     

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

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