General Awareness

Daily G.K. - Top Stories

06 May 2016

INTERNATIONAL AFFAIRS

China Starts Military Exercises in South China Sea

China kicked off military exercises in the disputed South China Sea, East Indian Ocean and West Pacific involving advanced warships, helicopters and special warfare soldiers.
The drill aims to enhance combat readiness and practise coordination between ships and aircraft, and other forces.
China claims almost the whole of the South China Sea, a major shipping lane rich in natural resources, resulting in overlapping claims with several other Asian nations like Vietnam, the Philippines, Malaysia and Brunei.
They accuse China of illegally reclaiming land in contested areas to create artificial islands with facilities for military use.

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ENVIRONMENT

World's Longest Insect

Scientists claim to have found the world's longest insect in south China.
Reports say that the length of the insect is 62.4 centimetres, which beats the previous record holder which was 56.7 cm long.
The finding breaks the record for length for all 807,625 insects discovered so far.

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BUSINESS AND ECONOMY

Yes Bank Gets SEBI's Nod for Custodian Services

Yes Bank has received in-principle nod from markets regulator SEBI to act as custodian of securities.
The city-headquartered bank has been given a year's time to establish the business by developing the operational, tech and human capital capabilities.
Once it receives the final nod, it can offer custodial services to financial market participants, including foreign portfolio investors, which would help its fee-based income.
The size of custodial business in India is steadily growing with increasing value of assets under custody as well as newer investor classes.

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SPORTS

Life Ban Recommended for Jeffrey Webb

FIFA`s chief ethics investigator has recommended a life ban for Jeffrey Webb, a former vice-president of the global soccer body who has pleaded guilty in the United States to offences linked to racketeering, fraud and money laundering.
Webb, is one of seven people arrested in Zurich last year before FIFA`s annual Congress.
The final report was transmitted to the (ethics committee) earlier in April, with a recommended sanction of a lifelong ban from all football-related activities.

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NATIONAL AFFAIRS

Sunil Lanba Appointed as the New Chief of Naval Staff

Vice Admiral Sunil Lanba, Flag Officer Commanding-in-Chief (FOC-in-C) of Western Naval Command, is set to take over as the new Chief of Naval Staff.
He will have the full three-year tenure as the Navy Chief. He will succeed Admiral R. K. Dhowang.
He will be the 21st Indian to be the Navy Chief.
He will take over from Admiral Dhowan on May 31.

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General Awareness

Daily G.K. - Top Stories

06 May 2016

INTERNATIONAL AFFAIRS

China Starts Military Exercises in South China Sea

ENVIRONMENT

World's Longest Insect

BUSINESS AND ECONOMY

Yes Bank Gets SEBI's Nod for Custodian Services

SPORTS

Life Ban Recommended for Jeffrey Webb

NATIONAL AFFAIRS

Sunil Lanba Appointed as the New Chief of Naval Staff

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