General Awareness

Daily G.K. - Top Stories

31 Dec 2014

INTERNATIONAL AFFAIRS

AirAsia Confirms Debris of Missing Plane

AirAsia confirmed that the debris spotted in the Java Sea, is from the missing flight QZ 8501.
The debris of the aircraft was found in the Karimata Strait, around 110 nautical miles southwest from Pangkalan Bun in Central Kalimantan province in Borneo Island.
Flight QZ 8501 lost contact with the air control tower 42 minutes after taking off from Indonesia's Surabaya city for Singapore on December 28.

China's First Indigenous Passenger Jet

China's first domestically produced regional passenger jet was officially certified for flying after completing a total of 300 ground examinations and over 1141 hours of test flights.
The ARJ21-700 won the certificate after a series of examinations by the Civil Aviation Administration of China (CAAC).
The Advanced Regional Jet for the 21st Century (ARJ21), is a type of regional airliner designed and manufactured by the Commercial Aircraft Corporation of China (COMAC).

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BUSINESS AND ECONOMY

One Year Grace Period for Implementing GST

States will get one year time to implement the provisions of Goods and Services Tax (GST) after introduction of the new indirect tax regime from April 2016.
States like Tamil Nadu and West Bengal still voicing their concerns over the implementation of GST, the Centre has provided for this one year extension clause in the GST Constitutional Amendment Bill which was tabled in the Lok Sabha in December.
The one-year grace period is only a transitory provision and all states will have to finally implement it.

Oil Firms Face Rs. 10,000 crore Inventory Loss

Indian Oil Corp (IOC) and other state-run fuel retailers have piled up inventory loss of over Rs. 10,000 crore which together with depreciating rupee has severely strained their finances ahead of a revision in petrol and diesel prices.
IOC, Hindustan Petroleum Corp Ltd. (HPCL) and Bharat Petroleum Corp Ltd. (BPCL) are to decide on revising petrol and diesel prices, amidst clamour for a rate cut on falling crude oil prices.
Oil firms feel people should look at the complete picture and not just base their expectations for a cut in retail prices on crude oil rates alone.
Petrol and diesel prices were last cut on December 16 by Rs. 2 per litre each. This was the eighth straight reduction in petrol prices since August and fourth in diesel since October.

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SCIENCE & TECHNOLOGY

Motion Technology to Detect Alien Life

Scientists have developed a motion detector to isolate and detect vibrating living cells which can be used to find life in other planets.
The system is completely chemistry-free. This means that it can be used anywhere, in drug testing or even in the search for extraterrestrial life.
The new device uses a nano-sized cantilever to detect motion.

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SPORTS

M. S. Dhoni Retires from Test Cricket

After the third test at Melbourne, the Indian skipper M. S. Dhoni decided to retire from Test cricket with immediate effect.
Dhoni had previously indicated he would quit Tests before ODIs, but the decision comes as a surprise especially since it was announced in the middle of the ongoing series.
Dhoni became the captain of the Indian Test cricket team in December 2005.
Under Dhoni’s captaincy the Indian team won all the four ICC trophies (Number 1 ranking in Tests, ODI World cup, Champions trophy and the T20 World Cup).

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NATIONAL AFFAIRS

BRO to be Brought Fully under Defence Ministry

Border Road Organisation (BRO) will be brought fully under the Defence Ministry and non-sensitive roads in border areas will be handed over to the National Highways Authority of India.
The BRO is presently under both road transport and defence ministries.
As dual control has led to a sad state of affairs in the organization, BRO will be brought fully under the Defence Ministry.
Nearly 3000 km of roads will be transferred to NHAI in the areas which are not sensitive.

Aziz Qureshi Transferred to Mizoram

Uttrakhand Governor Aziz Qureshi, who had taken the Modi government to Supreme Court for alleged attempts to ease him out of office, was today shifted to Mizoram.
According to Qureshi has been transferred and appointed as Governor of Mizoram for the remainder of his term till May 2017 and Meghalaya Governor K. K. Paul will take his place.

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General Awareness

Daily G.K. - Top Stories

31 Dec 2014

INTERNATIONAL AFFAIRS

AirAsia Confirms Debris of Missing Plane

China's First Indigenous Passenger Jet

BUSINESS AND ECONOMY

One Year Grace Period for Implementing GST

Oil Firms Face Rs. 10,000 crore Inventory Loss

SCIENCE & TECHNOLOGY

Motion Technology to Detect Alien Life

SPORTS

M. S. Dhoni Retires from Test Cricket

NATIONAL AFFAIRS

BRO to be Brought Fully under Defence Ministry

Aziz Qureshi Transferred to Mizoram

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