Home » , » Daily GK Update 20th March 2015

Daily GK Update 20th March 2015

Australia beat Pakistan by 6 wickets, to meet India at Sydney
daily gk update 20th march 2015
(i) Shane Watson made the most of an early reprieve to guide Australia to a six-wicket win over Pakistan with an unbeaten 64 in the Cricket World Cup quarterfinals on Friday.
(ii) Pakistan won the toss and batted but was all out for 213 in the last over, with recalled paceman Josh Hazlewood taking 4/35 for Australia.
(iii) The Australians lost opener Aaron Finch (2) with the total on 15 and withstood a torrid spell from Wahab Riaz (2/54) in the middle of the chase.
(iv) Australia will play defending champion India in a semifinal at Sydney on Thursday.

Former Thai PM Yingluck Shinawatra to stand trial
(i) Thailand’s top court announced on Thursday that former Prime Minister Yingluck Shinawatra will stand trial for negligence related to a rice subsidy program overseen by her ousted government that lost billions of dollars, a move likely to deepen the long-running political crisis in the military-ruled nation.
(ii) Supreme Court judge Weerapol Tangsuwan said that a nine-member judicial panel studied documents submitted by prosecutors from the Attorney General’s office last month and found the case was within the court’s jurisdiction.
(iii) The charge against the country’s first female premier, concern her role in scheme that paid farmers above market prices for rice and cost Thailand billions of dollars.

Timing and pace of Fed move can surprise: IMF chief
(i) With all eyes on the two-day meeting of the U.S. Federal Reserve, which is expected to set the tone for future of U.S. interest rates and emerging market capital flows, Intenational Monetary Fund Head Christine Lagarde said the timing and pace of such a move could surprise the market.
(ii) She stressed the need for emerging markets, including India, to be prepared.
(iii) “As economic conditions improve in at least some advanced economies, portfolio re-balancing out of emerging market economies can be expected. 
(iv) She pointed out that between 2009 and the end of 2012, emerging markets received about $ 4.5 trillion of gross capital inflows, representing roughly one-half of global capital flows.

8 YSRCP MLAs suspended from A.P. Assembly
daily gk update 20th march 2015
(i) Eight YSRCP MLAs in Andhra Pradesh Assembly were suspended on Thursday for three days up to March 23 when they stormed into the well of the House protesting against denial of mike to their leader, Y.S. Jaganmohan Reddy, when he was speaking on the budget.
(ii) Amidst sloganeering against him, the Speaker announced suspension of G. Srikanth Reddy, Chevireddy Bhaskar Reddy, G. Mutyala Naidu, Chirla Jaggireddy, P. Ramakrishna Reddy, Shivaprasad Reddy, Kodali Sri Venkateswara Rao, and Shaikh Chand Basha. 
(iii) Marshals were called in to evict the members who put up strong resistance. Mr. Jaganmohan Reddy himself walked out in a huff followed by his colleagues.

Govt to auction 15-20 more mines if Coal Bill passed in RS
(i) The coal auction will resume by end of April or early May with 15-20 more mines, provided the Coal Mines bill is passed in Rajya Sabha or a new ordinance is promulgated.
(ii) “If the Bill (Coal Mines) get passed (in Rajya Sabha) then there would be auction of 15-20 coal blocks. 
(iii) It (the auction) will start in April-end or the first week of May,” Coal Secretary Anil Swarup told in an interview to PTI.
(iv) “We have identified about 15-20 coal blocks which can be put on auction. But we have to have Authority...only if we have a Bill or an Ordinance, without that we cannot have auction,” Mr. Swarup said.
(v) The Coal Ordinance which was re-promulgated in December would lapse on April 5.

India open for investment; US ready to move in: USIBC chief
(i) India is open for investment and the U.S. companies are eager to move in, head of a bilateral trade organisation has said while praising Prime Minister Narendra Modi for embarking on a journey to change the business environment in the country.
(ii) Mr. Aghi, who took the reins of USIBC this month, said the American companies were particularly looking at the $1.5 trillion investment opportunities in the infrastructure sector.
(iii) The success of USIBC, which is celebrating its 40th year would be measured by increasing bilateral trade to $500, he said. 
(iv) “The challenge is there, but I look at it as an opportunity,” he said on Tuesday.

WHO resisted declaring Ebola emergency’
daily gk update 20th march 2015
(i) The World Health Organisation resisted calling the Ebola outbreak in West Africa a public health emergency until last summer, two months after staff raised the possibility and long after a senior manager called for a drastic change in strategy, The Associated Press has learned.
(ii) Former WHO doctor Matthieu Kamwa said that logic doesn’t fly. Dr. Kamwa, who worked as the agency’s representative to the Democratic Republic of Congo during a 2008 Ebola outbreak, said sounding the alarm sooner would have saved lives.

APBCL Welfare Association’s plea to Govt
(i) Members of Andhra Pradesh Beverages Corporation Limited (APBCL) Welfare Association have requested the State Government to come to their rescue as employees were facing an uncertain future after the Income Tax Department sealed the depots for failing to pay the arrears.
(ii) As many as 196 regularised employees and 195 unskilled employees were working in the APBCL. 
(iii) We want the Government to either amalgamate the APBCL with the Excise Department or post the employees to other departments,” he said. 
(iv) Mr. Ratnakar said that the Commissioner promised them of sorting out the problem within a week.

Rare Amrita Sher-Gil portrait sells for record $2.92 million
daily gk update 20th march 2015
(i) A rare self-portrait by Amrita Sher-Gil has sold for $2.92 million in Sotheby’s New York auction, setting a new record for an Indian woman artist.
(ii) Sher-Gil’s oil-on-canvas masterpiece fetched the highest total $2,920,000, well over the $1.2-$1.8 million estimate for a South Asian Art sale at Sotheby’s since 2007, auctioneers said in a statement today.
(iii) It is one of the very few of her canvases that are in private circulation outside India, where her work is among those declared “National Art Treasures” by government and cannot be taken out of the country.
(iv) Sotheby’s two sales of Indian Art on March 17-18, raked in a total of $16,632,875 comfortably exceeding high estimate.

0 comments:

Post a Comment