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General Awareness

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Daily G.K. - Top Stories

06 Jun 2017

INTERNATIONAL AFFAIRS

Nepal and China Ink Hydropower Agreement

  • Nepal has signed an agreement with a Chinese company to build the largest hydroelectric plant in the impoverished landlocked country, which suffers from a chronic energy shortage.
  • Nepal signed the agreement for the China Gezhouba Group Corporation to build the long-mooted 1,200 megawatt Budhi-Gandaki hydroelectric project.
  • Estimates put the project cost at $2.5 billion. A financing agreement will be signed later.

Saudi and UAE Seek to Isolate Qatar

  • Saudi Arabia and the United Arab Emirates have seized the chance to isolate Qatar.
  • Gas-rich Doha has for long exercised an independent streak in its foreign policy.
  • Saudi Arabia, the UAE, Yemen, Bahrain and Egypt all severed diplomatic ties with Doha.

NATO's 29th Member

  • Foreign Minister Srdjan Darmanovic submitted Montenegro's official accession papers in a ceremony at the US State Department, making the small Balkan State the 29th member of the North Atlantic Treaty Organisation.
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ENVIRONMENT

Trash in Our Oceans

  • In 2015, some 322 million metric tons of waste was found in the oceans. And most of the waste consists of everyday items like bottles, wrappers, straws and plastic bags.
  • If the amount of waste keeps growing, and by 2050, the volume of waste could increase by four times the current figure.
  • Each year, more than 13 million tons of plastic waste end up in the ocean.
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BUSINESS AND ECONOMY

India Fastest Growing Major Economy

  • Noting that India is recovering from the temporary adverse effects of demonetisation, the World Bank has projected a strong 7.2 per cent growth rate for India this year against 6.8 percent growth in 2016.
  • As per the World Bank, India remains the fastest growing major economy in the world.
  • The World Bank in its latest Global Economic Prospects, projects India's growth to 7.5 percent in 2018 and 7.7 percent in 2019.

India's Services Sector Growth

  • As per a monthly survey, services sector activity in India grew at the fastest pace in four months in May.
  • The Nikkei India Services Purchasing Managers' Index (PMI), which tracks services sector output on a monthly basis, rose from 50.2 in April to 52.2 in May.

Coca-Cola to Invest in Agri Chain

  • US beverage giant Coca-Cola will invest, along with its partners, $1.7 billion in the agricultural ecosystem of India over the next five years.
  • Around $800 million of this investment would be towards procurement of processed fruit pulp and fruit concentrate.
  • The company procures and exports raw materials and ingredients worth $280 million from India to 44 countries.
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SCIENCE & TECHNOLOGY

India's Heaviest Rocket GSLV MkIII-D1

  • The Indian Space Research Organisation (ISRO) added another feather to its already flooding cap by successfully launching its heaviest homegrown rocket until date, the GSLV-Mk III.
  • ISRO's heavy-duty rocket, powered by cryogenic engine, successfully placed the GSAT-19 satellite into the orbit in its first developmental flight.
  • The GSLV MkIII-D1, weighing 640 tonnes and standing 43.43 metres tall, is capable of lifting payloads of up to 4,000 kg into the Geosynchronous Transfer Orbit (GTO) and 10,000 kg into the Low Earth Orbit.
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NATIONAL AFFAIRS

Ravindra Pisharody Submitted his Resignation

  • Ravindra Pisharody, executive director (ED) commercial vehicles, of Tata Motors has submitted his resignation.
  • Mr. Pisharody has been heading the commercial vehicles business for five years. What prompted his sudden exit could not be ascertained immediately. He has also resigned as director of the company as well as associate companies.
  • The company also announced the appointment of Satish Borwankar as chief operating officer with immediate effect.
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