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General Awareness

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Daily G.K. - Top Stories

22 Jul 2017

INTERNATIONAL AFFAIRS

Muslim Access to Jerusalem Site Limited

  • Israeli police barred men under 50 from entering Jerusalem’s Old City for Muslim prayers as tensions rose and protests erupted over new security measures at a highly sensitive holy site.
  • The rare ban came after Israeli ministers decided not to order the removal of metal detectors erected at entrances to the Haram al-Sharif mosque compound, known to Jews as the Temple Mount, following an attack nearby a week ago that killed two policemen.

N. Korea Hit by Drought

  • As per a United Nations agency, North Korea is suffering its worst drought in 16 years, raising fears of worsening food shortages in the country, where children and other vulnerable groups have suffered malnutrition for years.
  • North Korea’s production of staple crops for this year, including rice, corn, potatoes and soybeans, has been severely damaged by prolonged dry spells “threatening food security for a large part of its population.

US Blocks $350 mn Aid to Pakistan

  • Two days after listing Pakistan among the nations and regions providing safe havens to terrorists, the US decided against the disbursement of USD 350 million in coalition support fund to Islamabad.
  • The Trump administration' decision came after Defence Secretary James Mattis informed Congress that he was not able to certify that Islamabad has taken sufficient actions against the dreaded Haqqani network.
  • Pakistan-based Haqqani network is blamed for a number of high-profile attacks on US and Western interests in war-torn Afghanistan.
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ENVIRONMENT

Coral Reefs in the Gulf of Aqaba

  • Scientists have urged governments to protect the Gulf of Aqaba Reef, as coral reefs in the Red Sea’s Gulf of Aqaba can resist rising water temperatures. If they survive local pollution, these corals may one day be used to re-seed parts of the world where reefs are dying.
  • Coral reefs are dying on a massive scale around the world, and global warming is driving this extinction. The planet’s largest reef, Australia’s Great Barrier Reef, is currently experiencing enormous coral bleaching for the second year in a row.
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BUSINESS AND ECONOMY

IFCI Violated Norms

  • As per a Comptroller and Auditor General (CAG) report, a majority of loans given by IFCI during 2012-16 were either not in line with the General Lending Policy, or were given out without due diligence having been performed. This had led to a 78% increase in non-performing assets (NPAs) over the last three years.
  • The audit on IFCI was carried out due to the high level of NPAs, which amounted to Rs. 3,544.54 crore as of March 31, 2016, or 13.05% of total outstanding loans.

Ashok Leyland Net Slides

  • Commercial vehicle maker Ashok Leyland reported a standalone net profit of Rs. 111.23 crore for the quarter ended June 2017, a 62% drop.

Yamaha Motor Opens Scooter Boutique

  • India Yamaha Motor Pvt. Ltd. opened a scooter boutique, claimed to be the first-of-its-kind, in Chennai as part of its marketing initiative to increase sales volume by about 20—25.
  • The boutique offers both scooters and fashion accessories.
  • India Yamaha plans to open 20 more scooter boutiques in metros and semi-urban centres.
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NATIONAL AFFAIRS

Darjeeling Unrest

  • The Centre blamed West Bengal CM Mamata Banerjee for the Darjeeling unrest. Parliamentary Affairs Minister Ananth Kumar said that the Trinamool Congress chief’s approach had set the quiet hills on fire and tripartite talks between the Centre, the State and the Gorkhaland Territorial Administration could be held once peace is restored.

Deficiencies in Army’s Ammunition Reserves

  • The Comptroller and Auditor General (CAG) has presented a dismal picture of the Army’s War Wastage Reserve (WWR) ammunition, especially of high calibre equipment needed to wage intense war.
  • WWR is the reserve quantity of ammunition needed to meet the requirements for the expected duration of operations.
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