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Daily G.K. - Top Stories

04 Mar 2017

INTERNATIONAL AFFAIRS

Concession on Tawang can Resolve Border Dispute

  • According to a former Chinese diplomat, the settlement of the India-China boundary dispute is possible if New Delhi accepts Beijing's claim over strategically vital Tawang region in Arunachal Pradesh.
  • India has dismissed suggestion as it is neither practical nor possible.
  • Tawang district in Arunachal Pradesh bordering China is a very important place for India from both religious and strategic points of view.

Concern over South Korea-US Military Drill

  • China has expressed serious concern over the joint military drill by South Korea and the US, which brought the aircraft carrier USS Carl Vinson and other American strategic assets to the Korean Peninsula.
  • The current situation on the Korean Peninsula is highly sensitive and complicated.
  • Parties concerned should do more to ease tensions on the Peninsula and maintain the peace and stability of northeast Asia.

Iran’s S-300 System Becomes Operational

  • Iran’s advanced S-300 air defence system, delivered by Russia following a July 2015 nuclear deal is now operational.
  • Iran had been trying to acquire the system for years to ward off repeated threats by Israel to bomb its nuclear facilities, but Russia had held off delivery in line with UN sanctions imposed over the nuclear programme.
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BUSINESS AND ECONOMY

Penalty for Non-maintenance of Minimum Balance

  • The State Bank of India has made maintaining a minimum balance for all account holders compulsory. If minimum balance is not maintained, the defaulters will be charged a penalty from April 1 onwards.
  • These charges will be based on the difference between the minimum balance required and the shortfall.

Airtel and Millicom Ink Pact to Merge

  • Bharti Airtel and Millicom International Cellular have entered into an agreement to merge their respective units in Ghana to create the second-largest mobile carrier in the African country.
  • Under the terms of the agreement, “Airtel and Millicom will have equal ownership and governance rights in the combined entity.

CGST and IGST Provisions

  • The GST Council broadly agreed on the contours of two key legislations - CGST and IGST, but a final approval is likely only by mid-March.
  • As many as 26 changes sought by the states have been accepted by the Centre.
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SCIENCE & TECHNOLOGY

Scientists Create Artificial Mouse Embryo

  • In a first, scientists have been able to create an artificial mouse embryo using 3D technology.
  • They have used a 3D scaffold and the body's master stem cells, an advance that may explain why more than two out of three human pregnancies fail.
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SPORTS

Kerala High Court Sends Notice to BCCI

  • The Kerala High Court has sent a notice to the Board of Control for Cricket in India (BCCI), on a petition filed by S. Sreesanth to lift the lifetime ban imposed on him.
  • He was accused of involving in spot-fixing during the 2013 season of Indian Premier League but in July 2015, was acquitted in the case.
  • The pacer has mentioned in his petition, that he was invited by Scotland`s Glenroth Club for playing premier league there from the first week of April this year, for which the NOC from the BCCI was mandatory.
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NATIONAL AFFAIRS

Shifting People Living in No Man's Land

  • The Assam government will consider shifting people living in No man's land and realignment of the fencing along the Indo-Bangla border in consultation with the Centre.
  • Earlier, former Chief Minister Prafulla Kumar Mahanta urged the state government to talk to the Centre for shifting of Indian citizens living between the fencing and the 'zero point' post along the international border with Bangladesh.
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