GK Eduwrap – 4th March 2016

Eduwrap Daily 4th march


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!


National – Across the India:


1. Prime Minister Narendra Modi has launched Setu Bharatam Project to make all national highways free of railway crossings by 2019.

  • This project will be implemented by the Union Ministry of Road Transport and Highways.
  • More than 50 thousand crore rupees will be spent on the project.


2. The Union Government has decided to wind up of National Manufacturing Competitiveness Council (NMCC) with immediate effect as it has fulfilled the mandate.

  • The decision was taken by the Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Narendra Modi after it was observed that NMCC has fulfilled the mandate for which it was constituted.
  • NMCC is to provide a continuing forum for policy dialogue to energize and sustain the growth of manufacturing industry.


3. Delhi has become the first state (UT) in the country to launch the Human Papillomavirus (HPV) vaccine as a public health programme for school children.

  • HPV is a DNA virus from the papillomavirus family which is mainly a sexually transmitted infection (STI) that causes genital warts and cervical cancer.
  • The vaccination programme will be completed in the current academic year 2015-16 over two phases.
  • In the first year, girls studying in Class VI in government schools will be targeted and in the next year girls between the age of 9 and 13 will be targeted.

International – Across the Globe:


1 The United Nations Security Council (UNSC) consistently adopted the toughest sanctions ever imposed on North Korea in response to its fourth nuclear test and rocket launch.

  • For this the 15-member council passed a resolution drafted by the United States and backed by China.


Awards & Recognition:


1. Bill Gates, Microsoft Co-founder has retained the title of the world’s richest person in the Forbes’ 30th annual ranking of the world’s billionaires list (2016 edition).

  • The Forbes list of billionaires is an annual ranking of the world’s wealthiest people, compiled and published by the American business magazine Forbes.
  • Mr. Gates has topped the list for 17 of the last 23 years, with a net worth of $75 billion.
  • He was followed by Amancio Ortega (Italy), founder of clothing retail giant Zara was at second place with net worth of $67 billion.


Appointments & Resignations:


1. Mrugank Paranjape has been appointed as managing director (MD) and chief executive officer (CEO) of Multi Commodity Exchange (MCX), country’s largest commodity exchange.

  • The MCX is country’s first listed commodity futures exchange that facilitates online trading, and clearing and settlement of commodity futures transactions.
  • He also worked with Deutsche Bank as Asia Pacific Head of Trust & Securities Services/Cash Management for Financial Institutions.


2. Sunil Sabharwal, an independent Indian-American investor appointed as Alternate Executive Director at International Monetary Fund (IMF).

  • With this he becomes first Indian-American to occupy a key administration post at the IMF.
  • He had worked at the European Bank for Reconstruction and Development as Principal Banker from 1992 to 1996.
  • He also served as Senior Vice President of Strategic Investments at First Data Corporation/Western Union from 2003 to 2006.


Bills – New & Amendments:


1. South Korea’s Parliament has passed the country’s first anti-terror bill that was first proposed 15 years ago in 2001 after the 9/11 terrorist attacks in US.

  • This law defines terror as an act that can put national security and citizens’ safety at risk including disturbance of national, regional and foreign government exercising its authority.
  • Those found guilty under this law can face capital punishment of life imprisonment or over 10 years’ incarceration and those who join a foreign terrorist group can face over 5 years imprisonment.


Memorandum of Understanding (MoU):


1. A Memorandum of Understanding (MoU) has been sighned between Union Government, Madhya Pradesh government and the World Bank have signed $300 million credit agreement for Madhya Pradesh Higher Education Quality Improvement Project (MPHEQIP).

  • MPHEQIP’s objective is to improve student outcomes especially of disadvantaged groups in selected Higher Education Institutions (HEIs).
  • The credit will be provided by the International Development Association (IDA), World Bank’s concessionary lending arm with a maturity of 25 years, including a five-year grace period.




1. The Mumbai under-23 cricket team has won the Col CK Nayudu Trophy for the season 2015-16 by defeatingMadhya Pradesh under-23 cricket team.

  • This was Mumbai s second big title of the season after they had won the Ranji Trophy for the 41st time earlier.
  • Col CK Nayudu Trophy is named after country’s first Test captain Col. Cottari Kanakaiya Nayudu.


2. Ace Indian shooter Jitu Rai has won Gold medal in the 50m Pistol Men final event at the International Shooting Sports Federation (ISSF) World Cup held in Bangkok, Thailand.

  • Jitu Rai is the winner of the 2014 Asian Games. He is currently ranked 5th in the world in the 50m Pistol Men’s event.
  • He scored 191.3 points in the final round and beating two of the strongest members of the Chinese Olympic team, Pang Wei and Wang Zhiwei.




1. Purno Agitok, former Lok Sabha Speaker passed away after suffering a heart attack in New Delhi. He was 68.

  • He was a 9 time member of Lok Sabha and the Speaker in the 11th Lok Sabha from 1996 to 1998.
  • He had played significant role in the development of the North East.
  • He had served as Cabinet Minister for Information and Broadcasting and Minister of State of Home Affairs, Labour, Commerce and Coal. He served as the Chief Minister of Meghalaya from 1988 to 1990.
  • He was one of the founding members of the Nationalist Congress Party (NCP). In January 2013, he had formed the National People’s Party.



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