Sunday 28 July 2013

Today's GK



World Hepatitis Day was observed across the world on 28 July 2013. The theme for the year 2013 is This is Hepatitis, Know it, Confront it. The theme has been set with an aim of creating a global awareness about the Hepatitis virus and to encourage its prevention, treatment and diagnosis. Of the five types of viruses, B and C are considered to be dangerous.
Food and Water Borne infections causes Hepatitis A and E Virus because of which millions of cases of acute illness is reported every year. Worldwide, infections with hepatitis B and C viruses cause an estimated 57% of cases of liver cirrhosis and 78% of cases of primary liver cancer. The availability of a vaccine that confers lifelong protection against infection with the hepatitis B virus gives public health a rare opportunity to prevent a leading cause of cancer, especially in low- and middle-income countries.

A new respiratory virus related to SARS (Severe Acute Respiratory Syndrome) has killed 39 people in Saudi Arabia. Scientists have named this respiratory virus as Middle East Respiratory Syndrome (MERS). The new virus is related to the respiratory virus SARS that killed more than 800 people across the world in 2003. It belongs to a family of viruses that most often cause the common cold. SARS emerged in China.

Four Indian-American Professors Kannan Soundararajan, Rajeev Alur, Salil P Vadhan and Senthil Todadri in fourth week of July 2013 won Simons Investigators Awards 2013. Apart from these, 9 other mathematicians, theoretical physicists and theoretical computer scientists were also selected for the Simons Investigators Awards for their cutting edge research.

The Union Government of India on 27 July 2013 announced that it would set-up a Marine Training Academy at Tuticorin. The academy would be set-up through the Shipping Corporation of India in colloboration with the VO Chidambaram Port Trust.

The announcement was made by Shipping Minister, GK Vasan at Chennai that the Ministry has already allocated 15 crore rupees for the development of the infrastructure for the academy. The first batch of the academy would commence from September or October 2013, with a batch of 40 students.

Two Ghazals in Urdu written by freedom fighter, Veer Savarkar during the days of his 11-year imprisonment, in the Andaman Cellular Jail has been discovered by a Dadar based Institute. The ghazals are a part of the notebook kept by Savarkar in the prison and are patriotic in nature. The Ghazals are written in the sublime form of the Urdu Poetry and are written in fluent Urdu. The notebook was discovered by Manjiri Marathe, from the collection of books handed over to her by late S P Gokhale, an associate of Savarkar. Manjiti is a trustee of the Swatantryaveer Savarkar Rashtriya Smarak and daughter of S P Gokhale.

Dr. Gareth Fraser a scientist from Sheffield University in the first week of July 2013 claimed that humans may develop beaks in future. The evolution period may take millions of year. Frasher explained that the due process of change would see teeth fused together to form a beak.

The beak that will develop in the human will be more robust and practical and will be safe from wear and tear. As per the Scientists, the modern diets limitations in the number of teeth hampers humans as a species as the current structure of human teeth cannot suffice the requirements of new eating habits.

Noted biologist, Prof. Obaid Siddiqi died on 26 July 2013 due to injuries that he sustained after meeting an accident. He was 81. He was known for his pioneer work of identifying the process that how taste and smell are detected and coded in Brain. He is now survived by his wife Asiya, two sons Imran and Kalim and two daughters Yumna and Diba.
1. Father of Astronomy : Copernicus
2. Economics : Adam Smith
3. Biology : Aristotle
4. Chemistry : Antoine Lavoisier
5. Geometry : Euclid
6. History : Herodotus
7. Genetics : G.J. Mendel
8. Botany : Theophrastus
9. Classical mechanics : IsaacNewton
10. Computer : Charles Babbage
11. Comedy : Aristophanes
12. English poetry : GeoffreyChaucer
13. Homeopathy : Heinemann
14. Indian Green Revolution : M.S.Swaminathan
15. India's Communication Revolution : Sam Pitroda
16. Medicine : Hippocrates
17. Modern physics : GalileoGalilei
18. Nuclear physics : Ernest Rutherford
19. Nuclear science : Marie Curie , Pierre Curie
20. Pentium Chip : Vinod Dham
21. Periodic table : Dmitri Mendeleev
22. Political science : NiccolòMachiavelli
23. Quantum mechanics : Max Planck
24. Relativity : Albert Einstein
25. Robotics : Al-Jazari
26. Thermodynamics : Sadi Carnot
27. Zoology : Aristotle
Important Abbreviations:

CRR- Cash reserve Ratio
SLR- Statutory Liquidity Ratio
PLR- Prime Interest Rate
FII- Foreign Institutional Investor
FDI- Foreign Direct Investment
IPO- Initial Public Offering
SDR- Special Drawing Rights
SEZ- Special Economic Zone
NASSCOM- National Association of Software and Services Companies
ASSOCHAM- Associated Chambers of Commerce and Industry of India
NABARD- National Bank for Agriculture and Rural Development
SIDBI- Small Industries Development Bank of India
SENSEX- Sensitive Index
ARMS- Adjustable-Rate Mortgages
APR- Annual Percentage Rate
APY- Annual Percentage Yield
ACH- Automated Clearing House
ATM- Automated Teller Machine
CIFs- Collective Investment Funds
EFT- Electronic Funds Transfer
ECOA- Equal Credit Opportunity Act
FEMA- Federal Emergency Management Agency
FDIC- Federal Deposit Insurance Corporation
HELOC- Home Equity Line of Credit
IRA- Individual Retirement Account
LTV- Loan-to-Value Ratio
PIN- Personal Identification Number
PMI- Private Mortgage Insurance
RESPA- Real Estate Settlement Procedures Act
SFHA- Special Flood Hazard Area
TILA- Truth in Lending Act
UCC- Uniform Commercial Code
UGMA- Uniform Gift to Minors Account
AEZs- Agricultural Export Zones
AIDB- All India Development Bank
AIFI- All India Financial Institution
ALCO- Asset-LiabilityManagement Committee
ALM- Asset/ liability management
AMC- AssetManagement Committee
ADR- AmericanDepository Receipt
APEDA- Agricultural and Processed Food Products Exports Development Authority.
ARF- Automatic Refinance Facility
ASB- Accounting Standards Board
BIFR- Board for Industrial and Financial Reconstruction.
CAR- Capital Adequacy Ratio
CIBIL- Credit Information Bureau of India Ltd.
CLB- Company Law Board
CRAR- Capital to Risk-Weighted Assets Ratio.
CRAs- Credit Rating Agencies.
CRISIL- Credit Rating and Investment Services of India Limited
DRT- Debt Recovery Tribunal.
ECGC- Export Credit Guarantee Corporation.
FRNs- Floating Rate Notes.
IRR- Internal Rate of Return
NBFC- Non-Banking Finance Companies.
SEBI- Securities and Exchange Board of India.
SEBs- State Electricity Boards.
SCC- Selective Credit Control
SICA- Sick Industrial Companies (Special Provisions) Act.
VCF- Venture Capital Fund.
VRS- Voluntary Retirement Scheme

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