Daily Current Affairs Update – 4th July 2016

GK Eduwrap 4th July

Get daily current affairs update, latest general knowledge and boost your IQ and prepare confidently for general awareness for Bank PO exams.


National – Across the India:

 Commercial Court

1. India’s first Commercial Court and Commercial Disputes Resolution Centre was inaugurated at Raipur, capital of Chhattisgarh.


It was inaugurated by State Chief Minister Dr. Raman Singh along with Supreme Court judge Madan B. Lokur.

It has ultra-modern facilities like e-Court, e-Library, e-Filing, Video-conferencing and e-Summons.


2. Punjab Government has launched Rapid Rural Police Response System (RRPRS).


The aim is to ensure prompt and effective police response in 12,000 villages across the state.


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International – Across the Globe:


1. The second BRICS Youth Summit was held in Guwahati, Assam from 1st July 2016 tBRICS Youth Summito 3rd July 2016.


The theme of the summit was “Youth as bridge for intra-BRICS exchanges“.

The summit focused on enhancing people-to-people contacts of BRICS member states viz. Brazil, Russia, India, China and South Africa.

It also adopted the ‘Guwahati BRICS Youth Summit 2016 Call to Action’ and urged the youth from the five member nations to come together for working towards this goal.




1. Mercedes driver Lewis Hamilton (Great Britain) has won the 2016 Austrian Grand Prix title of Formula One.


Austrian Grand Prix title

It was his third title of the 2016 season.


1st position: Lewis Hamilton (Britain) of Mercedes.

2nd position: Sebastian Vettel (Germany) of Ferrari.

3rd position: Daniel Ricardo (Australia) of Red Bull.

4th position: Felipe Massa (Brazil) of Williams.

5th position: Romain Grosjean (France) Haas.

Top Teams: Mercedes, Ferrari, Red Bull and William.


2. Gurpreet Singh Sandhu became the first Indian football player to play in UEFA Europa League.


3. Ace Indian shuttler B Sai Praneeth (World no 33) has won the 2016 Canada Open Grand Prix Badminton title in the men’s singles category.


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Economics & Banking GK:

 International Monetary Fund

1. The International Monetary Fund (IMF) has warned that United Kingdom’s decision to leave the European Union (EU) has created significant uncertainty.


It will dampen growth in the near term, particularly in the UK, but with repercussions for Europe and the global economy.

IMF predicts that macroeconomic and financial market impacts in the UK and EU due to Brexit will radiate outward across the globe.


2. State Bank of India (SBI) has signed an agreement with the World Bank worth 4,200 crore rupees ($625 million).


The aim is to support its grid connected rooftop solar photovoltaic (GRPV) programme.

The programme also aims at improving the investment climate for solar PV, and increase the ease of doing rooftop business.

Daily GK Eduwrap will help you keeping aware about all the major happenings of the country and the world and update your current affairs/general knowledge.


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Image courtesy: Google Images 


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