GK Eduwrap – 21st May 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

International:

1. Hungarian writer Laszlo Krasznahorkai won the prestigious Man Booker International Prize for 2015. His name was announced as the sixth winner of the award at the Victoria and Albert Museum in London.

2.  The Mullivaikkal village, the village where LTTE rebels fought their last fight against security forces in a war that lasted for 37 years, and around 40,000 tamils lost their lives during the civil war between Liberation Tiger of Tamil Eelam (LTTE) and Sri Lankan Army. The fight ended on 19 May 2009. On 19th May 2015, tamils in Sri Lanka were able to commemorate the day because the country’s new government under President Maithripala Sirisena lifted a ban on commemorating Tamil victims.

3. Peter M. Christian was elected as the eighth President of the Federated States of Micronesia.

4. The European Union (EU) approved a plan that empowers naval force to combat smugglers operating from Libya and tackle illegal migration in its territory. The policy for an unprecedented naval operation against the smuggling of refugees from North Africa to Europe was approved by EU foreign ministers during a meet held in Brussels.

National:

1. India and the Japan International Cooperation Agency (JICA) signed an ODA (Official Development Assistance) loan agreement to provide up to 21787 million yen (about 1165 crore rupees) for the Odisha Transmission System Improvement Project (OTSIP).

2. The fourth Anti Submarine Warfare (ASW) Corvette of Project-28 christened Kavaratti was launched at Garden Reach Shipbuilders and Engineers Ltd (GRSE), Kolkata.

The ships have been constructed using high grade steel (DMR 249A) produced in India. With a displacement of 3300 tonnes, the sleek and magnificent ASW Corvettes span 109.1 meters in length and 13.7 meters at the beam. They are propelled by four diesel engines to achieve speeds in excess of 25 knots and have an endurance of more than 3000 NM.

3. President Pranab Mukherjee inaugurated the 50th anniversary of India’s first historic climb of Mount Everest in 1965 at Rashtrapati Bhavan. The event was organized by the Indian Mountaineering Foundation.

On 20th May 1965, Indian team led by Captain Mohan Singh Kohli of Indian Navy made history by climbing 8848-metres high Mt. Everest, the world’s highest peak, for the first time after a series of three unsuccessful attempt in as many as five years. Kohli, now 83, wrote a book on the expedition titled Nine Atop Everest.

4. Meghalaya has achieved 100% success in implementing Union Government’s flagship scheme for financial inclusion-Pradhan Mantri Jan Dhan Yojna (PMJDY).

Appointment:

1. SS Ahluwalia was appointed as the chairman of Joint Parliamentary Committee (JPC) on the Right to Fair Compensation and Transparency in Land Acquisition Rehabilitation and Resettlement (LARR) (Amendment) Bill, 2015.

2. US President Barack Obama has named an Indian-American professor Akhil Amar from Yale University as a member of the prestigious National Council on Humanities.

Mergers & Acquistion:

1. Mahindra & Mahindra to acquire 33% stake in Mitsubishi Agricultural Machinery Company for Rs 159.24 Cr.

2. HDFC Bank in partnership with Apollo Hospitals launched HDFC Bank Apollo Medical Benefits Card, a co-branded medical benefits card which allows corporates to disburse medical allowances to their employees and has insurance cover for accidents.

Economics:

1. State Bank of India (SBI) has signed memorandum of understanding (MoU) with e-commerce giant Amazon. The MoU seeks to identify and tap the potential areas of collaboration for payments and commerce solutions between both signatory parties.

Science & Technology:

1. Indigenously-developed beyond visual range air-to-air Astra missile was successfully test fired at the Integrated Test Range, Chandipur, Odisha.

In the test, the missile was fired from Sukhoi -30 MKI fighter jet in two developmental trials to prove its long range capability. It is developed by Defence Research and Development Organisation (DRDO) and one of the smallest weapon systems developed by it. Single stage solid fuelled and has payload capacity of 15 kg conventional explosives. It is air-to-air beyond-visual-range (BVR) all-weather missile that can be launched from different altitudes.

Death:

1. Eminent economist, policy advisor and noted academic Mrinal Datta Chaudhuri passed away in Pune, Maharashtra.

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