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General Awareness

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Daily G.K. - Top Stories

22 Mar 2018

INTERNATIONAL AFFAIRS

North Korea Breaks its Silence

  • North Korea has broken its silence on the diplomatic thaw with Washington and Seoul, saying that it is driving the "peace offensive" and rejecting suggestions that sanctions forced it to the negotiating table.

Israel Admits to Syria Strike

  • Israel admitted for the first time that it was responsible for a top-secret 2007 air raid against a suspected Syrian nuclear reactor.
  • A military statement lays out the case for why Israel carried out the strike at the desert site in the Deir Ezzor region of eastern Syria on what it says was a nuclear reactor under construction.
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ENVIRONMENT

Too Late to Save World's Glaciers

  • Scientists studying the impact of climate change on all glaciers in the world found that it is already too late to save 36 per cent of the world's glaciers. And this is for all glaciers in the world, not including the massive Antarctic and Greenland ice sheets.
  • This automatically means that sea level rise cannot be prevented, holding grave consequences for coastal communities all over the world.
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BUSINESS AND ECONOMY

Customs Duty on Sugar Export Removed

  • In order to promote exports with the objective of evacuating surplus stocks from the country, the government has decided to remove customs duty on export of sugar from its current level of 20 per cent to zero per cent.
  • This will help in maintaining demand and supply balance and thereby stabilising the domestic sugar prices in the country.

Videocon Exits Non-life Business

  • Cash-strapped Videocon Industries has exited its non-life insurance joint venture with American insurer Liberty Mutual. Of its 51.3% stake in Liberty Videocon General Insurance, the company has sold 25.3% to Vallabh Bhansali's Enam Securities and 26% to the DP Jindal Group firm Diamond Dealtrade.
  • The stake sale has already received approval from the Insurance Regulatory and Development Authority of India (IRDAI).

Travel and Tourism Created 25.9 Million Jobs in India

  • According to a report by Indian industry body Ficci and services firm KPMG, the travel and tourism sectors together generated 25.9 million jobs in 2017, contributing $75.8 billion (Rs. 5 lakh crore, approximately) to the country's Gross Domestic Product (GDP) in the same year.
  • Directly contributing 25.9 million jobs, travel and tourism sectors are among the largest employment generators in the country.
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SCIENCE & TECHNOLOGY

World's Smallest Computer

  • Tech giant IBM has unveiled the world's smallest computer measuring 1 x 1 mm. This device was unveiled at ongoing IBM Think 2018 Conference.
  • The device is a part of IMB Research's 5 in 5 project. "Within the next five years, cryptographic anchors �" such as ink dots or tiny computers smaller than a grain of salt �" will be embedded in everyday objects and devices."
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NATIONAL AFFAIRS

Ayushman Bharat, Scheme Approved

  • Union Cabinet approved the launch of Ayushman Bharat - National Health Protection Mission - which is slated to cover over 10 crore poor families and provide coverage of up to Rs. 5 lakh.
  • The scheme is touted as the world's largest government-funded health care programme. AB-NHPM will subsume the on-going centrally sponsored schemes - Rashtriya Swasthya Bima Yojana (RSBY) and the Senior Citizen Health Insurance Scheme (SCHIS).

India Not Considering Signing NPT

  • India is not considering any proposal to sign the Non-Proliferation of Nuclear Weapons Treaty (NPT) as a precondition for joining the Nuclear Suppliers Group (NSG).
  • India's position on the NPT remains unchanged.
  • India's NSG membership bid has been consistently blocked by China despite strong support to New Delhi from several countries, including the US and France.
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