GK Eduwrap – 11th June 2015

Update your IQ with the GK Eduwrap Daily Edition, loaded with GK updates, Current Affairs and all major happenings across the Globe. With GK Eduwrap you can now confidently crack the IBPS, SSC’s Current Affairs Section. Good Luck

National:

1. The Cabinet Committee on Economic Affairs (CCEA) approved two road projects worth Rs. 4721 crore, one in Madhya Pradesh and another in Telangana. The projects will be executed under the flagship road building programme National Highways Development Project (NHDP).

2. India, Japan and Australia held their first ever high-level trilateral dialogue in New Delhi. The talks were attended by Indian foreign secretary S. Jaishankar, Japanese vice foreign minister Akitaka Saiki and Australian secretary of the Department of Foreign Affairs and Trade Peter Varghese.

India accords greater importance to Japan and Australia that is evident from the fact that Prime Minister Narendra Modi paid a visit to both the countries within six months of coming to the office in order to operationalise his Act East Policy.

3. The Reserve Bank of India (RBI) issued Draft Framework on Issuance of Rupee linked Bonds Overseas. It is intended to permit Indian corporate and International Financial Institutions (IFIs) to issue rupee-linked bonds overseas.

4. Bihar Chief Minister Nitish Kumar launched a campaign called Badh Chala Bihar in Patna to collate ideas from the public to produce Bihar@2025. It is a vision document on state’s development between 2015 and 2025.

5. Union Cabinet meet chaired by Prime Minister Narendra Modi has approved the signing of Bangladesh, Bhutan, India and Nepal (BBIN) Motor Vehicle Agreement. The agreement which is similar to the SAARC Motor Vehicle Agreement (MVA) seeks to regulate the vehicular traffic of passenger, personal and cargo amongst BBIN countries. The agreement will be signed at the Transport Minister’s meeting in Thimpu, Bhutan.

International:

1. A study titled Global Population Collapse in a superabundant migratory bird and illegal trapping in China said that the population of the migratory songbird Yellow-Breasted Bunting (Emberiza aureola) has plunged by 90% since 1980. The bird is disappearing from Eastern Europe, Japan and parts of Russia.

2. African countries have signed a historic The Tripartite Free Trade Area (TFTA) that facilitates creation of Africa’s largest free-trade zone. This free-trade zone will cover 26 countries in an area from southernmost tip of African continent i.e. Cape Town (South Africa) to Cairo (Egypt) in the north.

Awards & Recognition:

1. Punjab Chief Minister Parkash Singh Badal was conferred with the prestigious 14th Sant Namdev National Award at a function in Pune, Maharashtra. He was awarded for promoting peace, communal harmony and universal brotherhood.

2. Major political parties of Nepal reached an agreement on the proposed framework of national Constitution providing for federal structure, form of governance, electoral and judicial systems.

Nepal will be divided into eight federal states whose names and boundaries will be decided by separate bodies. A new federal commission will be tasked with drawing up internal borders and submit a proposal for approval in the Parliament.

Appointment & Resignation:

1. Dr. Srivari Chandrasekhar was appointed as the Director of Hyderabad-based CSIR-Institute of Chemical Technology (IICT). The appointment was made by the Prime Minister Narendra Modi, who is President of the CSIR (Council of Scientific and Industrial Research).

2. India-born Padmasree Warrior resigned as Chief Technology Officer (CTO) of Cisco. She resigned after a major restructuring at the top management level under incoming Chief Executive Officer (CEO) Chuck Robbins.

Mergers & Acquisition:

1. PVR Ltd., India’s largest multiplex chain agreed to acquire DLF’s DT Cinemas for Rs. 500 crore.

Science & Technology:

1. Indian-origin scientist Manu Prakash along with his team developed World’s first water-based computer. They have built a synchronous computer that operates using the unique physics of moving water droplets. The work combines Prakash’s expertise in manipulating droplet fluid dynamics with a fundamental element of computer science – an operating clock.

Sports:

1. Cricketer Mahendra Singh Dhoni is among Forbes magazine’s 100 highest-paid athletes in the world, the only Indian sportsman on the list that has been topped again by American boxer Floyd Mayweather and includes golfer Tiger Woods, tennis star Roger Federer and Portuguese soccer player Cristiano Ronaldo.

Dhoni has been ranked 23rd on the Forbes list of The World’s Highest-Paid Athletes 2015, dropping a notch from his ranking of 22 last year. Dhoni’s total earnings stood at $ 31 million, including amount from salary/winnings at $4 million and endorsements worth $27 million.

2. Indian Basketball Players Association (IBPA) started functioning with the official launch of it at Indian Medical Association, New Delhi.

Following is the organizational strucuture of IBPA:
President: Sajjan Singh Cheema (Arjuna Awardee)
General Secretary: Jayasankar Menon (Former Asian All Star Basketball player)
Treasurer: Ashok Sharma (National player and FIBA Commissioner)
Chairman: Abbas Moontaisar
Vice-Chairmen: Manmohan Singh and Suman Sharma

Death:

1. Former Indian cricketer Hemant Kanitkar died after a prolonged illness on 9th June 2015 at his residence in Pune, Maharashtra. He was 72.

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