The force of attraction exerted by the earth on a solid body is known as Gravitational Force. It acts in a vertically downward direction and is known as weight of the body. Thus, the weight of the body is assumed to act at a point which is known as Centre of Gravity of a body. Copy the link given below and paste it in new browser window to get more information on The Centroidal Axis:- http://www.transtutors.com/homework-help/mechanical-engineering/bending-stress/moment-of-inertia-about-the-centroidal-axis1.aspx