GK Edu Wrap – 14th April 2015

National:

1. Bharat Heavy Electricals Ltd (BHEL) commissioned 600 MW unit of a thermal power project for the Dainik Bhaskar Power Limited (DBPL) at Dhabra in Janjgir Champa district of Chhattisgarh. The commissioned unit is the second unit of DBPL’s 2 × 600 MW power project. The first 600 MW Unit was commissioned in 2014. With this commissioning of second unit, BHEL’s cumulative installed capacity has increased at 11,400MW in Chhattisgarh and accounts for 68 per cent share of the total installed capacity in the state.

2. Union Government has brought into force the National Judicial Appointments Commission (NJAC) Act, 2014 along with the 99th Constitutional Amendment Act, 2014. In this regard, notification to effect from 13th April 2015 was issued by the Union Law Ministry.

Composition of NJAC:
• As per Article 124A, NJAC is a 6 member constitutional body.
• Consisting of Chairman- Chief Justice of India (CJI).
• Members- Two senior most Judges of the Supreme Court, the Union Minister of Law and Justice and two eminent persons.
• Two eminent persons will be nominated by committee led by Prime Minister of India, the CJI, and the Leader of the Opposition in the House of the People.

As per 124B, functions of NJAC are:
• Recommend persons for appointment as CJI, Judges of SC, Chief Justices and other Judges of High Courts.
• Recommend transfer of Chief Justices and other Judges HCs from one HC to another HC.

3. Mobile commerce platform Paytm inked memorandum of understanding (MoU) with National Centre for Trade Information (NCTI) to promote Micro, Small & Medium Enterprises (MSMEs). As per MoU, Paytm will offer a virtual marketplace platform for NCTI members and will extend its services and enable them to sell online.

4. Haryana government decided to give status equivalent to state Cabinet Minister to yoga guru Ramdev. Earlier in January 2015, state government had appointed him as its brand ambassador to promote yoga and ayurveda.

5. India was elected to four important United Nations (UN) agencies. These agencies are United Nations Children’s Fund (UNICEF), World Food Program (WFP), Commission on Crime Prevention and Criminal Justice (CCPCJ) and the Governing Council of UN-Habitat.

International:

1. German Nobel laureate novelist Guenter Grass passed away on 12 April 2015 in Berlin. He was 87. Grass is recognized for his efforts to revive German culture in the aftermath of World War II and also had given voice and support to democratic discourse in the post war Germany.

Sports:

1. Brijbhushan Sharan Singh was on 11 April 2015 re-elected as the president of the Wrestling Federation of India (WFI) for a four-year term. As the president of the WFI he will guide the General Council of the federation and set the policy tone in order to achieve the objectives enshrined in the WFI Constitution.

Mergers & Acquisition:

1. Royal Dutch Shell Plc acquired BG Group for about 70 billion US dollar. The deal would vault Shell far ahead of rivals like Exxon Mobil Corp and Chevron Corp. in the race to build market share for Liquefied Natural Gas (LNG). The deal marks the most aggressive step yet in the competition to be the world’s dominant supplier of LNG.

2. The food retail arm of the diversified Godrej Group, Godrej Nature’s Basket joined hands with Amazon for selling its products through the e-commerce giant’s platform in India.

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