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Daily G.K. - Top Stories

15 Nov 2014

INTERNATIONAL AFFAIRS

7.3 Magnitude Earthquake Rattles Indonesia

  • A strong earthquake with a magnitude of 7.3 was recorded off the Moluccas in Indonesia and a tsunami warning was issued for the area near the quake.
  • A report from the Pacific Tsunami Warning Center in Hawaii said hazardous tsunamis were possible within 300 km (185 miles) of the quake`s epicentre.

G20 summit in Brisbane (Australia)

  • The two-day G20 summit in Australia took off in Australia with world leaders meeting to focus on growth as their top most agenda.
  • The Ukraine crisis and Ebola threat will also be part of the agenda for discussion.
  • The summit will conclude with the release of an official communiqué, a rundown of what the countries have achieved and want to achieve in the future.
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ENVIRONMENT

Global Warming to Increase Lightning Strikes by over 50 Percent

  • A new research has revealed that lightning is expected to increase by 50 percent with global warming.
  • Scientists at University of California, Berkeley, who looked at predictions of precipitation and cloud buoyancy in 11 different climate models, concluded that their combined effect will generate more frequent electrical discharges to the ground.
  • They said that with warming, thunderstorms become more explosive and this has to do with water vapor, which is the fuel for explosive deep convection in the atmosphere.
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BUSINESS AND ECONOMY

Inflation Drops to Five-year Low

  • The wholesale price index-based inflation dropped for the fifth straight month to 1.77 per cent in October, the lowest in more than five-years on the back of softening food and fuel prices.
  • This will intensify pressure on the Reserve Bank of India to cut interest rates to boost investment, more so as it follows the retail inflation that cooled down further to an all-time low of 5.52 per cent during the month, its lowest since the government started computing the data in 2012.
  • The factory output had also posted a moderate growth of 2.5 per cent in September after recording almost-flat growth in the previous two months.
  • The wholesale price index (WPI), released by the commerce and industry department, was seen slowest in September 2009. It was 2.38 per cent in September 2014 while the WPI during April-October stood at 2 per cent. The inflation for August was revised upwards to 3.85 per cent from 3.74 per cent earlier.

Indian Railways Rope in Sreedharan to Boost Efficiency

  • With Suresh Prabhu taking over, the Railways has initiated a number of steps to bring about efficiency with former Delhi Metro chief E. Sreedharan also being roped in as part of this process.
  • Sreedharan, popularly known as 'Metroman', has also been appointed as head of one-man committee, to suggest a "proper system and procedure to ensure proper accountability and transparency" at the levels of General Manager and other functionaries for taking all commercial decisions including tendering.
  • He has been asked to submit an interim report within two weeks and a final report within three months.
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SCIENCE & TECHNOLOGY

Black Hole Producing Mysterious Particles

  • The giant black hole at the center of the Milky Way may be producing mysterious particles called neutrinos.
  • Neutrinos are tiny particles that carry no charge and interact very weakly with electrons and protons.
  • Figuring out where high-energy neutrinos come from is one of the biggest problems in astrophysics today.
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SPORTS

Viswanathan Anand Draws Game 5 vs Magnus Carlsen

  • Viswanathan Anand missed out on an opportunity to press for serious advantage and settled for a draw with defending champion Magnus Carlsen in the fifth game of the world chess championship.
  • The third draw in five games restored the parity and the scores now stand at 2.5-2.5 with seven games still remaining in the million Euros match.
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NATIONAL AFFAIRS

UGC Issues Guidelines for Choice-based Transfer System

  • After HRD Minister Smriti Irani informed about the implementation of a 'choice based transfer system' scheme in universities, UGC issued guidelines for uniform adoption of the system across all campuses from 2015-16 academic year.
  • The system will ensure seamless mobility of students across higher educational institutions in the country and abroad.
  • A student can take courses of their choice under this system, learn at their own pace, undergo additional courses and acquire more than the required credits, and adopt an interdisciplinary approach to learning.
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