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General Awareness

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Daily G.K. - Top Stories

28 Jun 2018

INTERNATIONAL AFFAIRS

Polish Law on Holocaust Amended

Poland amended a controversial Holocaust law that sparked outrage in Israel by imposing jail terms on anyone claiming that the government was responsible for Nazi German war crimes.

The amendment removes fines or criminal penalties of up to three years in prison for anyone found guilty of ascribing Nazi crimes to the Polish nation.

Tariffs on Indian Goods to be Lowered

China will reduce or cut to zero tariffs on a total of 8,549 types of goods originating in India and four other Asian countries from July 1. The adjustment, covering products made in India, Bangladesh, Laos, South Korea and Sri Lanka, was part of the tariff concession arrangement reached under the Asia-Pacific Trade Agreement.

The goods include chemicals, agricultural and medical products, clothing, steel and aluminium products.

Operations at North Korea's Nuclear Search Centre

According to reports, North Korea is carrying out rapid improvements to its nuclear research facility, despite declaring a commitment to denuclearisation of the peninsula at the Singapore summit.

Recent satellite imagery showed that not only were operations continuing at present at the North's main Yongbyon nuclear site, it was also carrying out infrastructure works.
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ENVIRONMENT

Loss of Forest in 2017

According to new data from a global satellite survey, the world lost more than one football pitch of forest every second in 2017, adding up to an area equivalent to the whole of Italy over the year.

The scale of tree destruction, much of it done illegally, poses a grave threat to tackling both climate change and the massive global decline in wildlife. The loss in 2017 recorded by Global Forest Watch was 29.4m hectares, the second highest recorded since the monitoring began in 2001.
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BUSINESS AND ECONOMY

L&T Infotech Opens Johannesburg Facility

Larsen & Toubro Infotech (LTI), a technology consulting and digital solutions company, has opened a global delivery center in Johannesburg.

The center will provide an agile environment to create and deliver cutting-edge digital solutions for clients in the areas of Big Data, Cloud, SaaS, IoT and Digital Transformation.

Establishment of Strategic Petroleum Reserve Approved

The Cabinet approved the establishment of strategic petroleum reserve (SPR) facilities at Chandikhol in Odisha and Padur in Karnataka with a total capacity of 6.5 Million Metric Tonnes (MMT), which works out to another 12 days of reserves.

Capital Infusion for Export Guarantor

The Cabinet Committee on Economic Affairs approved a capital infusion of Rs. 2,000 crore into the Export Credit Guarantee Corporation (ECGC) to be infused over the three financial years 2017-20.

The break-up of the infusion would be Rs. 50 crore in 2017-18, Rs. 1,450 crore in 2018-19, and Rs. 500 crore in 2019-20.
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SCIENCE & TECHNOLOGY

Saturn's Moon Enceladus

Scientists have found complex carbon-based molecules in the waters of Saturn's moon Enceladus.
Compounds like this have only previously been found on Earth, and in some meteorites.
They are thought to have formed in reactions between water and warm rock at the base of the moon's subsurface ocean.
Though not a sign of life, their presence suggests Enceladus could play host to living organisms.
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SPORTS

Germany Exit FIFA World Cup 2018

Defending champion Germany lost to South Korea 2-0 .

German team suffered their first elimination in the first round of the World Cup for 80 years.
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NATIONAL AFFAIRS

Proposal to Replace UGC

The government proposed the draft of a new Act with which it seeks to replace the University Grants Commission (UGC). Announcing the draft of the Act which is likely to repeal the UGC Act, 1956, Union Human Resource Development Minister Prakash Javadekar appealed to stakeholders to send their recommendations on the Act by July 7, 2018.

Kumaraswamy Gets Congress Nod

The Congress leadership has made it clear that it has no objections to Karnataka CM HD Kumaraswamy presenting a fresh budget and announcing loan waiver �" twin issues that were the source of rising friction between HDK and Siddaramaiah.

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