GK Eduwrap – 2nd Dec 2015

GK Eduwrap 2nd Dec 2015

Grab your daily scoop of Current Affairs, from National to International, Sports,  Business and Economics. Learn wisely and Gain better with Eduncle’s  GK Eduwrap! 


1. Union Ministry of Human Resource Development (HRD) has launched Global Initiative of Academic Networks (GIAN) Scheme to boost the quality of higher education in India through International Collaboration.

About Global Initiative of Academic Networks (GIAN) Scheme

GIAN Scheme aims at Facilitating participation of high quality international academicians for delivering short-term courses and programs in Indian institutions.

Initially 500 international faculties will be engaged in conducting courses and later in subsequent years 1000 faculties would be engaged under GIAN throughout India.

Under this scheme, academicians will cover 13 disciplines and 352 courses to be taught in 68 national institutions.

These courses will vary in duration from one to three weeks depending on the subject and will be free for students of the host institution and available for nominal fees for others.

These courses will be webcasted live for students across the country through web portal www.gian.iitkgp.ac.in designed by IIT Kharagpur.

2. Jharkhand government has declared the entire state as drought hit in view of less rainfall in 2015 monsoon season and loss of crops.

3. India has been ranked 131 out of 167 nations on ICT Development Index (IDI) that measures the level of information and communication technology access.

Top three countries in IDI 2015: South Korea, Denmark and Iceland.


1. International Monetary Fund (IMF) has included China’s Yuan into its elite reserve currency basket mainly used as an international reserve asset.

2. China hosted the first Brazil-Russia-India-China-South Africa (BRICS) media summit in Beijing for creating an alternative media platform for the 5 emerging economies.


1. India’s Thakur Anoop Singh won gold medal in the 7th WBPF World Bodybuilding and Physique Championships.

He won the medal in the fitness physique category.

Awards & Recognition:

1. The Delhi Development Authority (DDA) was awarded with the E-India Award for adopting technology to serve the public better and using resources efficiently through mobile applications.

2. Renowned violinist Lakshminarayana Subramaniam will be honored with the Sangeet Samman at the ITC Sangeet Sammelan 2015 beginning on 4th December 2015 at the Victoria Memorial Hall, Kolkata.


1. Sir Venkatraman Ramakrishnan assumed Presidency of the Royal Society in London.


1. Reserve Bank of India (RBI) in its fifth bi-monthly monetary policy review has maintained status status quo in key policy interest rate.

The key policy interest rates were kept unchanged on the basis of an assessment of the current and evolving macroeconomic situation in the country.

2. As per latest report published by credit rating agency Brickwork Ratings, Maharashtra is the biggest economy among the states in India.

Maharashtra accounts for 16.87 lakh crore rupees in terms of gross state domestic product (GSDP) and is followed by Tamil Nadu and Uttar Pradesh.

Bills – New & Amendment:

1. President Pranab Mkherjee has given his assent to The Labour Laws (Gujarat Amendment) Bill, 2015.

The Amendment Bill passed by the state assembly to amend 10 Acts dealing with labor laws including The Industrial Disputes Act, 1947 and The Minimum Wages Act, 1948.

2. The Delhi Assembly passed three major education bills - Delhi School Verification of Accounts and Refund of Excess Fee Bill, Delhi School Education (Amendment) Bill (DSEAA), and the Right of Children to Free and Compulsory Education (Delhi Amendment) Bill.

Important Dates:

1. The International Day for the Abolition of Slavery was observed globally on 2nd December 2015.

The day is observed to focus on the elimination of human trafficking, child labor and other forms of modern-day slavery.


1. Margi Sathi, one of the finest exponents of Koodiyattom and Nangiarkoothu, passed away. She was 50.

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