GK Eduwrap – 6th April 2016

Eduwrap Daily 6th april

 

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. Bihar Government is going to ban all types of liquor (alcohol) throughout the state including Indian Made Foreign Liquor (IMFL).

It was decided by the state cabinet chaired by Chief Minister Nitish Kumar in Patna.

On 1st April 2016, state government had banned country made liquor in the state except IMFL.

Now foreign liquor (IMFL) will also be banned with immediate effect.

From now person found indulging in manufacturing trade, transportation, sale and consumption of liquor across the state will be punished under the stringent provisions of the Bihar Excise (Amendment) Act, 2016.

 

2. India’s First Semi-High Speed Train (SHST) Nizamuddin-Agra Gatimaan Express was flagged off between New Delhi and Agra.

It was flagged off by Union Railway Minister Suresh Prabhu from Nizamuddin Railway station in New Delhi and reached Agra on time in 100 minutes.

It is faster than Shatabdi Express which takes 117 minutes between two destinations.

The train runs at a speed of 160 kilometres per hour. For first time train hostesses will be present on board of the train.

 

3. Prime Minister Narendra Modi has launched the Stand-up India scheme aimed at providing credit to Scheduled Caste (SC), Scheduled Tribe (ST), and women borrowers in the non-farm sector.

The scheme is intended to promote entrepreneurship among SC/ST and women and further give a push to government’s financial inclusion programme.

Under the scheme, 1.25 lakh bank branches will provide loans up to 1 crore rupees to SC/ST and women entrepreneurs.

Thus it will help in creating 2.5 lakh entrepreneurs throughout the country.

 

4. The Union Ministry of Home Affairs (MHA) has constituted high-level committee to suggest ways to tighten security along India-Pakistan border.

The committee will be headed by former Union Home Secretary Madhukar Gupta.

It will suggest ways to strengthen the security along the India-Pakistan Border and address the issue of gaps and vulnerability in border fencing.

 

Awards & Recognition:

 

1. Vishwanathan Anand, five-time world chess champion will be honoured with the Hridaynath Mangeshkar Award.

The award felicitates and recognises successful individuals across the country from various walks of life.

Maharashtra State Governor C Vidyasagar Rao will bestow award upon him at an event to be held in Mumbai on April 12, 2016.

He is an Indian chess grandmaster and a former world champion.

He became India’s first grandmaster in 1988.

 

Economics & Banking GK:

 

1. DCB Bank has launched an India’s first of its kind Aadhaar-based Automatic Teller Machine (ATM) usage facility.

At present, this ATM has been placed in pilot site at DCB Bank at Peninsula Business Park, Lower Parel (Mumbai).

Under this facility, DCB customers can transact using his biometric details instead of the PIN. Thus it is a card less and PIN less ATM.

 

2. The Reserve Bank of India (RBI) has cut down repo rate by 25 basis points to 6.5 per cent from 6.75 per cent, with immediate effect.

Repo Rate is the rate at which RBI lends to the financial system. It was announced in the first bi-monthly monetary policy review of the RBI for the 2016-17 fiscal.

RBI has reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 6.75 per cent to 6.5 per cent.

The RBI also introduced number of measures to smoothen liquidity supply so that banks can lend to the productive sectors.

 

Science & Technology:

 

1. Scientists have discovered a rare triple-star system named KELT-4Ab with a gas giant planet similar in size to Jupiter.

It was discovered by the researchers at the Harvard-Smithsonian Centre for Astrophysics in the United States.

The research was published in The Astronomical Journal.

In KELT-4Ab triple-star system, the main star named KELT-A is brighter than the other stars that serve as suns for their planets.

 

Death:

 

1. Myneni Hari Prasad Rao, former Project Director of Madras Atomic Power Station (MAPS) passed away due to old age ailments. He was 88.

He was considered the Father or Architect of the MAPS and had served its first project director.

He also served as the Executive Director of the Nuclear Power Board of DAE, Mumbai and as a member of Western, Southern and Northern Indian Regional electricity boards for many years.

He was awarded with Padma Shri (1984), Sanjay Gandhi Award for contribution in Science and Technology (1983).

 

 

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