General Awareness

Daily G.K. - Top Stories

22 Dec 2016

INTERNATIONAL AFFAIRS

Japan to Dismantle Fast-breeder Nuclear Reactor

As per reports, Japan has approved the dismantling of its only fast-breeder nuclear reactor.
The decision to shut down and dismantle the experimental nuclear plant at Monju (west) was officially adopted by the council of ministers.
The government has estimated that the dismantling process will cost some 375,000 yen and take 31 years.

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ENVIRONMENT

Sahara Desert witnessed a White Christmas

The Sahara desert witnessed a white cover for the first time in 37 years.
The last snowfall had occurred in February 1979.

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BUSINESS AND ECONOMY

RCom Signs Pact with Brookfield Infrastructure

Reliance Communications signed binding pact with Brookfield Infrastructure and its institutional partners for sale of its tower business.
RCom will receive upfront cash payment of Rs. 11,000 crore to utilise proceeds solely to reduce debt.
RCom's tower business will be demerged into a separate company, which will be 100% owned and independently managed by Brookfield Infrastructure.
This deal is the largest-ever investment by an overseas financial investor in the infrastructure sector in India.

Penalty on Five Foreign Banks

The Reserve Bank imposed penalty on five foreign banks for violation of its instructions on reporting requirements of the FEMA.
The five banks are Deutsche Bank, Standard Chartered Bank, Bank of America, Bank of Tokyo Mitsubishi and The Royal Bank of Scotland.
Deutsche Bank has been fined Rs. 20,000, while Bank of America, Bank of Tokyo Mitsubishi, The Royal Bank of Scotland and Standard Chartered Bank have been fined Rs. 10,000 each.

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SPORTS

Mary Kom and Vikas Krishan honoured

M. C. Mary Kom and former Asian Games gold medallist Vikas Krishan were honoured at the International Boxing Association's 70th anniversary gala in Montreux, Switzerland.
Mary Kom was presented the AIBA Legends award for her trailblazing boxing career, Vikas was handed the APB (AIBA Pro Boxing) Best Boxer trophy.

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NATIONAL AFFAIRS

SEBI Chief’s Post

Three senior bureaucrats are believed to be in contention for the post of Securities and Exchange Board of India’s chairman after the extended tenure of incumbent U.K. Sinha ends early next year.
The three contenders are Economic Affairs Secretary Shaktikanta Das, Power Secretary P. K. Pujari and Additional Secretary in the finance ministry Ajay Tyagi.

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General Awareness

Daily G.K. - Top Stories

22 Dec 2016

INTERNATIONAL AFFAIRS

Japan to Dismantle Fast-breeder Nuclear Reactor

ENVIRONMENT

Sahara Desert witnessed a White Christmas

BUSINESS AND ECONOMY

RCom Signs Pact with Brookfield Infrastructure

Penalty on Five Foreign Banks

SPORTS

Mary Kom and Vikas Krishan honoured

NATIONAL AFFAIRS

SEBI Chief’s Post

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