Current Affairs, News & Facts of 09 Dec 2014

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  • ISRO heaviest and mightiest rocket GSLV-Mark III to be test-flighted in the 3rd week of this month.   - read more cat
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  • B Ramalinga Raju, prime accused of Rs.14,000-crore Satyam scandal - country's biggest accounting fraud - sentenced to six months' imprisonment alongwith monetary penalty.  
    • The lower court also handed the same jail-term to others accused though the quantum of fine imposed varies. 
    • Raju with top management had fudged account books to show inflated profits and duped investors.
    • SFIO, the investigation arm of Union corporate affairs ministry, had booked all of them for violations of the Companies Act in the Special Court for Economic Offences in December 2009. 
    • Satyam Computer Sesrvices Ltd has since been acquired by the Tech Mahindra.
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  • Death due to Malaria falls by 47 percent since the year 2000: WHO annual global report on malaria.  
    • The biggest victim Africa - accounting for 90 percent of all malaria deaths - also see the figure going down by 54 percent.
    • The dramatic fall in fatalities is due to more people being diagnosed, treated and getting bed nets.
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  • Pranav Mistry appointed as the global Vice-President of the South Korean electronic major Samsung.   
    • He is currently working as the Vice-President of Samsung’s US research unit in the Silicon Valley and heads its Think Tank team.
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  • Indian Railways proposes to use Frequency Identification (RFID) Technology to keep a tab on wagon whereabouts.   
    • A pilot project was successfully carried out on three locations of East Coast Railway with 500 wagons on Talcher-Paradeep-Vishakapatnam circuit. 
    • The system enables tagging of railway wagons and identifying them automatically by using trackside readers and hand held units. 
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  • Centre has commissioned the National University of Educational Planning and Administration (NUEPA) to develop a national school standards and school evaluation/assessment framework for the government school sector.  
    • Its meant to improve performance accountability, based on national best practices and international comparative experience. 
    • Different States have developed programmes to evaluate and grade their schools: Sambalan in Rajasthan, Shalegagi Navu-Neevu in Karnataka, Pratibha Parv in Madhya Pradesh and Gunotsav in Gujarat are some of these initiatives. 
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  • The global consulting firm KPMG has submitted the draft report on coal rationalisation to the government.  
    • It offers recommendation to the government on how to manage transportation cost and materialization under the given technical constraints. 
    • The end result is expected to be minimization of overall transportation cost and overall optimization of materialisation of coal at thermal power plants.
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2nd Aug

Exam Date : 02-08-2016

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Ques/Time : 6/5 min


Sports

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