GK Eduwrap – 4th May 2016

Eduwrap Daily 4th may


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. The Supreme Court on Tuesday affirmed that a “floor test is the ultimate test” to decide who is in power, and asked the Centre to consider having a trust vote in the Uttarakhand Assembly to determine whether the Harish Rawat-led Congress government has a majority.


A Bench of Justices Dipak Misra and Shiva Kirti Singh called the Uttarakhand case out-of-turn in the morning and asked Attorney-General Mukul Rohatgi to seek instructions from the government on the court’s suggestion to have a floor test immediately, to end the constitutional impasse.

The court said it would temporarily suspend President’s Rule to facilitate the floor test.


International – Across the Globe:


1. Australian entrepreneur and computer scientist Craig Wright has publicly identified himself as creator of virtual currency Bitcoin.


He claimed that he is the real person behind the pseudonym Satoshi Nakamoto, the creator of Bitcoin which was launched in 2009.

Satoshi Nakamoto’s online cash system work in 2009 was the key for creation of the online cash system, but he remained anonymous and his work has since stopped.

Bitcoin is a virtual currency that is unregulated by any central bank or government, but still works for purchasing goods and services from retailers willing to accept it.




1. Ace snooker player Mark Selby (World no 1) from England has won the 2016 World Championship title of Snooker.

In the final match played in Sheffield, Selby defeated China’s Ding Junhui by 18-14 score.

This was Selby’s second World Snooker title after he had won it in 2014 for the first against Ronnie O’Sullivan.

This was Selby’s second title of the year 2016 after he had won minor Gdynia Open event held in Poland.


Appointments & Resignations:


1. UN Secretary General Ban Ki-moon has selected Mexican diplomat Patricia Espinosa as the executive secretary of the UNFCCC (United Nations Framework Convention on Climate Change).


She will replace the incumbent Christiana Figueres when her term ends in July 2016.

She served as Mexico’s ambassador to Germany.

She also served as Mexico’s representative at the UN in New York for drug traffic, human rights, women promotion, social development and children’s rights.

The UNFCCC is an international environmental treaty negotiated at the Earth Summit in Rio de Janeiro in 1992 and entered into force in 1994.


2. Indian Information Service (IIS) officer Bhupendra Kainthola took charge as Director of Film and Television Institute of India (FTII).


He replaced Prashant Pathrabe, who had served as interim Director and shall have tenure of three years.

He also served as Director (News Room) with DD News since January 2015.

FTII is premier institute in the country that provides training for acting, film making, video editing, direction and production.

It is an autonomous body under Ministry of Information and Broadcasting.


Bills – New & Amendments:


1. The Lok Sabha passed the Compensatory Afforestation Fund Bill, 2015 with the motive to the establishment of funds under the public accounts of Centre and each State towards compensatory afforestation.


It also provides for additional afforestation and penal compensatory afforestation to regulate collected funds.

It seeks to establish the National Compensatory Afforestation Fund under the Public Account of India, and a State Compensatory Afforestation Fund under the Public Account of each state.


Mergers & Acquisitions:


1. The search engine giant Google has acquired business technology startup Synergyse founded by an Indian-origin entrepreneur Varun Malhotra.


The financial detail of the acquisition deal was disclosed by the Google.

Synergyse was launched in 2013 with an aim to teach users how to use Google Applications.

With this Synergyse will be joining the Google Apps team and help it to accelerate its mission and build Google Apps.


Science & Technology:


1. The Union Railways Ministry has launched an application namely Project Management and Information System (PMIS) for proper monitoring of all the Railway projects throughout the country.


The application was launched by Union Railways Minister Suresh Prabhu at Rail Bhawan in New Delhi.

At present Indian Railways have over 600 major projects of network expansion and modernization costing around 4.5 lakh crores rupees.


2. Bharat Heavy Electricals Limited (BHEL), the Public Sector Power equipment manufacturer has commissioned 600 MW coal-based thermal power plant in Madhya Pradesh.


The unit was commissioned at the 1×600 MW Jhabua Thermal Power Project (TPP) located in Seoni district in Madhya Pradesh.

The project has been developed by Jhabua Power Ltd (JPL), a subsidiary of Avantha Power & Infrastructure Limited (APIL).

3. Scientists have developed world’s Smallest (Nano) Thermometer using DNA (Deoxyribonucleic acid) structures that can fold and unfold at specifically defined temperature functions.


Scientists at the University of Montreal developed it and the study report in this regard was published in the journal Nano Letters.

It can help in understanding of natural and human designed nanotechnologies by enabling to measure temperature at the nanoscale.

It can be incorporated in new electronic devices and has a wide range of applications across fields of chemistry and physics.


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