GK Eduwrap – 2nd July 2015

National:

1. Union Cabinet meeting chaired by Narendra Modi approved Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) or PM’s Agriculture Irrigation Scheme.

2. Union Cabinet has approved setting up of an Online National Agriculture Market that will provide more options to farmers for selling their produce.

3. The population of elephants has increased to 1,954 in Odisha as per revealed in 2015 Elephant Census report.

4. Madhya Pradesh government has initiated the facility of e-registration of property documents in all the districts of state.

The e-registration of property documentation will be done through software named Sampada.

Under this facility, people can obtain e-stamp through internet banking or service provider.

5. Union Railway Minister Suresh Prabhu inaugurated the Integrated Security System (ISS) at 6 railway stations in Mumbai, Maharashtra.

6. The Union Ministry of Women and Child Development adopted the ‘Digital Guddi-Gudda Board’ as a Best Practice under Beti Bachao Beti Padhao (BBBP) scheme. It was named as the best practice on the occasion of Digital India Week that is being observed from 1 July to 7 July 2015.

7. The Haryana Government launched the Mhara Gaon- Jagmag Gaon scheme, aimed at providing 24 hour uninterrupted power supply to rural domestic consumers in a phased manner with their active participation.

International:

1. Greece has become the first developed nation to default on International Monetary Fund (IMF) debt. It has defaulted on a 1.7 billion dollars payment to IMF.

2. A 15-year-old boy named Byron Wake has become Britain’s youngest ‘cyborg’ i.e. part-human, part machine.

He achieved this feat after inserting xNT microchip under the skin using hypodermic syringe. The chip is the size of a grain of rice and is encased in bio-safe glass.

3. Facebook has changed its logo, now this might seem as a big news but the visual change is not that apparent. On the other hand, WSJ has reported that the change signifies a huge shift within the company.

Sports:

1. Former world junior champion and Grandmaster Abhijeet Gupta won the 19th Commonwealth Chess Championship.

Economics:

1. World Bank has approved an additional loan of 650 million dollars for India’s Eastern Dedicated Freight Corridor (DFC) Project.

2. National Sample Survey Office (NSSO) survey has pegged literacy rate in the rural areas at 71 per cent and 86 per cent in the urban areas in year 2014.

3. The cost of printing one rupee note, which was recently re-introduced after a gap of 20 years, is Rs 1.14, more than its value, an RTI query has revealed.

Awards & Recognition:

1. Prof. Sanjeev Galande has been selected for the prestigious G D Birla Award for Scientific Research 2014.

He has been selected for his significant contribution and his pioneering research in the field of Epigenetics and Molecular Cell Biology.

About G.D. Birla Award

Established: 1991 by the K. K. Birla Foundation in the honour of philanthropist Ghanshyam Das Birla.

The award is given Indian scientist below the age of 50, living and working in India for his outstanding scientific research, mostly during the past 5 years.

Cash Prize: It carries a cash prize of 50 lakh rupees and a citation.

2. Darshan Jain, an Indian-American teacher from Illinois, US in July 2015 was named for prestigious Presidential Award for Excellence in Mathematics and Science Teaching by President Barack Obama.

Mergers & Acquisition:

1. E-commerce giant Flipkart today announced a strategic partnership with three of the country’s largest home retail brands–Home Town ( Future group), HomeStop and @Home.

The tie-ups will introduce a whole new range of products from these retail brands, adding to Flipkart’s existing portfolio of 1000 plus brands with seven lakh home products.

2. Online payment firm PayPal will acquire digital money transfer services provider Xoom for about $890 million in an all cash deal as it eyes to enter the burgeoning global money remittances market.

Appointments:

1. Jasper InfoTech, which owns and operates online marketplace Snapdeal.com, has named Amit Choudhary as its senior vice-president – Corporate Finance, the New Delhi-headquartered.

2. Takema Sakamoto will head the India operations of Japan International Cooperation Agency (JICA) as its Chief Representative for the country.

3. BNP Paribas named Joris Dierckx as Country Head for India and Chief Executive of BNP Paribas SA, Indian branches.

4. Chandrasekaran Ramakrishnan was appointed as Chief Financial Officer (CFO) of India’s biggest auto maker Tata Motors’ Group with immediate effect.

5. The board of Housing.com sacked the Chief Executive Officer (CEO) and co-founder Rahul Yadav with immediate effect.

6. U P Singh was appointed as the Interim Chairman and Managing Director (CMD) of state-run Oil India Limited.

7. Anisa Rasouli, the head of the Afghan Women Judges Association and a former juvenile court judge, was nominated as the first ever female Supreme Court judge of Afghanistan.

Science & Technology:

1. For the first time scientists have identified two promising drug candidates for the treatment of deadly Middle East Respiratory Syndrome (MERS)  virus.

About Middle East Respiratory Syndrome (MERS)

MERS belongs to the family of coronaviruses which includes large family of viruses such as common cold and Severe acute respiratory syndrome (SARS).

It was discovered in 2012 and was mostly centred in Saudi Arabia.

Source: MERS is a beta coronavirus derived from bats.

Camels have shown to have antibodies to MERS, but the exact source of infection in camels has not been identified.

Transmission: It can be transmitted from infected person to others after close contact via a respiratory route.

It spread’s in droplets when an infected person coughs or sneezes.

Symptoms: fever, breathing problems, pneumonia and kidney failure.

Treatment: Till date there is no vaccine available to prevent it. However intensive medical care can help patient to breath.

Death:

1. Finnish telecom engineer and father of messaging service (SMS) technology Matti Makkonen passed away following serious illness. He was 63.

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