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General Awareness for MBA : 9 September to 15 September

Get to know the most important news and happenings of the week (9 September – 15 September). It will help you in your preparation for General Awareness.

Sep 15, 2014 12:30 IST
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Economy

  1. State Bank of India (SBI) on 13 September 2014 celebrated 150 years of its operations in Sri Lanka. SBI Managing Director Krishna Kumar reaffirmed the bank's commitment to partner in Sri Lanka’s efforts in developing its economy. 
  2. The Reserve Bank of India on 9 September 2014 decided to fix the upper age limit at 70 years for Managing Directors (M.D) and Chief Executive Officers (CEO) in private sector banks.
  3. Union Ministry of Commerce and Industry on 8 September 2014 launched a New Payment Gateway Integrated to e-Filing System of the Intellectual Property Office of India (IPOI). It was launched by Amitabh Kant, Secretary, Department of Industrial Policy and Promotion (DIPP).
  4. Securities and Exchange Board of India (SEBI) on 11 September 2014 censured Bombay Stock Exchange (BSE) for its conduct in share sale of National Mineral Development Corporation (NMDC) worth 6000 crore rupees through Offer for Sale (OFS).
  5. Union Agriculture Minister Radha Mohan Singh on 11 September 2014 launched the Reefer Vehicle Call-in-Centre (RVC) for smooth transportation of perishable goods. The RVC will facilitate in creation of a database of bottlenecks and their types experienced during the transportation of goods on the national highways. 
  6. Highest percentages of hired workers in India are present in Arunachal Pradesh. This was revealed by the provisional results of the 6th Economic Census All India Report 2013 released on 9 September 2014.

News

  1. Narendra Ambwani on 12 September 2014 elected as Chairman of the Advertising Standards Council of India (ASCI). He succeeded Partha Rakshit. Narendra Ambwani is the Director of Agro Tech Foods Ltd. 
  2. Russian hackers on 11 September 2014 have leaked around Five millions Gmail Passwords. The same Google account password is used across all Google products, such as Gmail, Drive, Plus, YouTube, Maps etc.
  3. The World Health Organisation (WHO) honoured Bangladesh and Timor-Leste with South East Asia Regional Award for Excellence in Public Health. The newly instituted awards were presented to Saima Hossain of Bangladesh and National Malaria Control Programme of Timor-Leste in Dhaka on 10 September 2014.
  4. Supreme Court on 8 September 2014 asked the Union Government to reinstate Rajeshwar singh as permanent Deputy Director of Enforcement Directorate (ED).
  5. Senior IAS officer Subhash Chandra Garg was appointed as the Executive Director (ED) of World Bank on 10 September 2014. An order issued by the Appointments Committee of Cabinet (ACC) said that Garg will have tenure of three years from the date of assuming charge of the post. 
  6. Strategic Force Command (SFC) of India on 11 September 2014 successfully test-fired nuclear weapons capable ballistic missile Agni-I. 
  7. Union Ministry for Information & Broadcasting on 9 September 2014 conferred the Bhartendu Harishchandra Awards for the years 2011 and 2012. 
  8. Indian institutions Indian Agricultural Research Institute (IARI) and National Academy of Agricultural Sciences (NAAS) on 9 September 2014 awarded Doctor Honoris Causa to FAO Director-General Jose Graziano da Silva. 
  9. Sir John Franklin's doomed 1846 Northwest Passage expedition ship was found in Canadian Arctic on 9 September 2014. The ship belonged to former governor of Tasmania Sir John Franklin.
  10. TN Suresh Kumar on 15 August 2014 became the first Indian to visit the stratosphere, the second layer of the Earth’s atmosphere. He traveled to an altitude of 17100 meters in MIG-29 from Sokol Airbase near Nizhny Novgorod in Russia.

Corporate

  1. The Supreme Court issued notice to the Union and all State governments on a plea to preserve wetland and to restrain construction on such land.
  2. Rays Power Experts announced to set up 50 mw Solar Power Generation Park in Andhra Pradesh. The total cost of the project is 300 crore ruppes and it will be completed by January 2015.
  3. Union government decided to wind up HMT Watches in a phased manner. HMT Watches is a wholly owned subsidiary of HMT limited. 
  4. Apple Inc unveiled its iWatch on 9 September 2014 in United States. This customisable smartwatch is designed to work with the iPhone 6.The watch allows you to connect and communicate directly from your wrist.
  5. BlackBerry acquired a U.K-based mobile technology start-up Movirtu on 11 September 2014. Movirtu's  software allows users to have multiple phone numbers on the same device.
  6. Engineering and IT company Tata Technologies Ltd on 9 September 2014 appointed Warren Harris as Chief Executive Officer (CEO) and Managing Director (MD) of the company. 
  7. ICICI (Industrial Credit and Investment Corporation of India) launched a Cardless Cash Withdrawal service on 10 September 2014. The service allows its customers to transfer money from their account to anyone in India with a mobile number. 
  8. California-based chipmaker Intel launched a new range of processors Xeon E5-v3 to speed up performance in data centres.The new range of processors is Xeon E5-2600/1600 v3 product families.

International

  1. The US President, Barack Obama on 11 September 2014 authorised US air strikes against Islamic State of Iraq and Syria (ISIS) militants in Syria for the first time. He also asked to escalate the airstrikes in Iraq. The aggressive offensive to combat ISIS, announcement came on the eve of the 13th anniversary of the 9/11 attack of World Trade Center.
  2. The European Union on 12 September 2014 imposed new economic sanctions on Russia over Ukraine. The restrictions include financing for some Russian state-owned companies and asset freezes on leading Russian politicians.
  3. Al-Qaeda-affiliated rebel group, named Jabhat al-Nusra Front on 11 September 2014 released forty five captured Fijian UN peacekeepers. The peacekeepers were handed over to UN Disengagement Observer Force (UNDOF) Personnel. 
  4. Ukraine and pro-Russian rebels agreed on a ceasefire agreement in Minsk, Belarus on 5 September 2014. The deal is also known as Minsk agreement. 
  5. India and Bangladesh on 9 September 2014 signed Memorandum of Understanding (MoU) in the field of traditional medicines and homeopathy. The MoU aims to enhance cooperation between the two countries in the health sector.
  6. Japan Nuclear Regulation Authority (JNRA) on 10 September 2014 gave its final safety approval to restart two reactors of Sendai nuclear plant located in south-west Kyushu, Japan. 
  7. India and Germany on 8 September 2014 agreed to cooperate and prepare a roadmap in skill development, solid waste management and cleaning of rivers. 

National

  1. The Supreme Court on 12 September 2014 ruled 3 percent quota for disabled persons in all government jobs. 
  2. Union Government on 11 September 2014 sought clarification from Supreme Court on its verdict on transgender.
  3. Prime Minister’s Office on 11 September 2014 constituted a six-member committee to facilitate systemic, scientific and planned utilisation of mineral resources in Meghalaya to prevent environmental degradation.
  4. The Cabinet Committee on Economic Affairs (CCEA) approved the proposal for implementation of the Integrated Coffee Development Project (ICDP) of the Coffee Board during the 12th  Five Year Plan.
  5. Union Government approved 28 rural road projects worth 438 crores rupees for building roads in Leh and Kargil districts of Ladakh region in Jammu and Kashmir. It was announced by Union Minister for Rural Development, Sanitation, Drinking Water & Panchayat Raj, Nitin Gadkari.
  6. Union Health and Family Welfare Minister Dr. Harsh Vardhan on 6 September 2014 launched the first anti-Tuberculosis Drug Resistance Survey of India for the year 2014-15.
  7. Union Civil Aviation Minister Pusapati Ashok Gajapathi Raju announced that the Union Government has identified five locations for development of no-frills airports in India. The selected locations where the no-frills airports will be developed are Tezu in Arunachal Pradesh, Kishangarh in Rajasthan, Jharsuguda in Odisha, Hubli and Belgaum in Karnataka.
  8. Union Civil Aviation Ministry launched  Know Your Rights (KYR) portal of the Directorate General of Civil Aviation (DGCA).

Sports

  1. HS Prannoy, the young Indian shuttler won Indonesian Masters Grand Prix Gold on 14 September 2014. He defeated Indonesian Firman Abdul Kholik 21-11, 22-20 to grab his maiden Grand Prix (GP) title in the finals played at GOR Jakabaring stadium, Indonesia. 
  2. Chitresh Tatha, 12, is the youngest sailor to represent India at the 2014 Asian Games . He sails in the Optimist Dinghy category.
  3. The International Cricket Council (ICC) suspended Saeed Ajmal, the off-spinner of Pakistan, from bowling in international cricket with immediate effect for illegal bowling action. 
  4. Pankaj Advani announced to retire from the professional snooker tour. He decided to retire as he was finding it difficult to divide the time between billiards and snooker. However, he will continue to participate in Billiards.
  5. American twin brothers Mike and Bob Bryan won the men’s doubles titles of the US Tennis Open at Arthur Ashe Stadium in New York, USA.
  6. Croatia’s Marin Cilic on 8 September 2014 won the Men’s Singles title of the US Open of Tennis. To win his first Grand Slam title, the 14th seed Cilic defeated 10th seeded Kei Nishikori of Japan in straight sets, 6-3, 6-3, 6-3. 
  7. Harika Dronavalli won bronze at the women Grand Prix chess at the Asian Games.

 

 

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