Current Affairs Update – 6th July, 2015

Hello and welcome to ExamPundit. Here are the Important Current Affairs of 6th July, 2015. These are Important for SBI PO Mains 2015 and RBI Assistant 2015.


India –

PM Modi appoints IIT-JEE topper Kruti Tiwari as brand ambassador of Digital India


  • Prime Minister Narendra Modi's dream project Digital India now has a brand ambassador. Kruti Tiwari, a IIT-JEE topper from Indore was handpicked by the Prime Minister himself and she will be associated with the campaign for the next one year.
  • Kruti will be travelling extensively across the country spreading the message of Digital India.
  • On July 1, Modi launched the ambitious Digital India mission at Indira Gandhi Indoor Stadium in the national capital. Addressing the gathering, which included the who’s who of India Inc, the Prime Minister said that the government initiative will ensure an investment of Rs 4.5 lakh crore and jobs for at least 18 lakh people.
  • As part of the initiative, the Prime Minister announced an array of products such as Bharat Net, Digital locker and National Scholarship Portal.
  • A Digital India book and Digital India policy document were also unveiled by the Prime Minister at the onset of the event at the Indira Gandhi indoor stadium.



PM leaves on 6-nation visit, to attend BRICS, SCO summits


  • Prime Minister Narendra Modi today left on an eight-day visit to five Central Asian countries as also Russia, aiming to enhance strategic, economic and energy ties besides attending the summits of BRICS and the Shanghai Cooperation Organisation (SCO).
  • The Prime Minister’s visit will start with Uzbekistan from where he will go to Kazakhstan tomorrow. He will then travel to Russia on July 8, before flying to Turkmenistan on July 10, Kyrgyzstan on July 11 and Tajikistan on July 12.
  • The SCO Summit, to be held in Ufa in Russia, may see India getting membership of the six-nation grouping comprising China, Russia, Kazakhstan, Kyrgyzstan, Uzbekistan and Tajikistan, which could be a major highlight of the visit. As of now, India has only observer status.
  • The Summit of BRICS (Brazil, Russia, India, China and South Africa), the important economies across the world, will focus on discussions on enhancing cooperation in the economic field, including the possibility of trade in the local currency.
  • With the BRICS Development Bank already set up, the summit could look at the possibility of starting credit facilities in the local currency. The first head of the bank is Indian banker K V Kamath.



Uttar Pradesh first to have vehicle tracking system

  • Uttar Pradesh State Road Transport Corporation (UPSRTC) has become the first State transport corporation to have a vehicle tracking system for inter-city buses, which has led to a reduction in accidents and deaths as drivers are wary of crossing the speed limits.
  • Mukesh K Meshram, Managing Director, said they now have a control centre wall where all buses and their speeds can be tracked.
  • In a passenger-friendly IT initiative, UPSRTC is also in talks with Delhi Transport Corporation and State transport undertakings in Haryana, Rajasthan and Himachal to have a common bus travel card, apart from Delhi Metro Rail Corporation.
  • This is to ensure that the smart cards used by UPSRTC passengers (issued by State Bank of India and ICICI Bank) become interoperable with these Metro rail systems and buses, said Meshram at a PHDCCI event here. UPSRTC has 9,600 buses and 51,000 employees, including on contract.



Bengaluru Ranks 12th in List of World's Top 20 Tech-Rich Cities


  • Bangalore has been ranked 12th in the list of top 20 technology-rich cities in the world, according to a survey conducted by global property consultant Jones Lang LaSalle (JLL).
  • "Bangalore has helped India debut on the 'City Momentum Index' Top 20 list –- an annual survey carried out by JLL globally. Reinforcing the city's status of being one of India's premier technology centres, Bangalore figures at No. 12 in the Top 20 technology-rich cities globally," JLL India Chairman and Country Head Anuj Puri said in a statement.
  • London, San Jose and Beijing are top three cities on the list.
  • Good economic growth, investments in infrastructure, presence of startups and significant supply of prime office space are some of the factors that contributed in Bangalore's strong performance in the survey.
  • Puri said the economic as well as real estate momentum in Bangalore has gained pace as tech-industry majors line up to enter the market or expand in the city.



C-DOT launches solar powered, long distance WiFi hotspots


  • As part of the 'Digital India Week', Centre for Development of Telematics (C-DOT) on Monday launched four new products including solar powered Wi-Fi and long distance Wi-Fi.
  • The solar powered Wi-Fi hotspots can be used for smart cities, rural schools or panchayats, extending broadband connectivity remote/ unconnected places. It can also be used in ship to ship communications in deep seas.
  • Such technology can also be used for remote video surveillance and site monitoring, meteorological applications, sensor networks and disaster management networks, said C-DOT.
  • The state-of-the-art telecommunication technology developer that launched long-distance Wi-Fi, said such technology can be used for operator sharing, support to link redundancy in case of failure of one radio/ link.
  • It has some benefits like dual power feed, ensuring reliability of system; uses power over Ethernet to save cost of running a separate power cable to terminal; uses spectrum sensing to choose from channel with minimum interference and encryption on per link basis.
  • Apart from these, C-DOT also launched Next Generation Network solution that will address the needs of the changing telecom scenario and would enable smooth transition from Time Division Multiplexing (TDM) to Voice over Internet Protocol (VoIP).



India, Bangladesh Launch Survey in Enclaves Over Nationality

  • India and Bangladesh today launched a joint survey to record the "choice of nationality" of 51,584 people in 162 enclaves in each other's territories ahead of the July 31 integration of the land with the respective mainland under the historic Land Boundary Agreement (LBA).
  • Officials said 50 teams began the survey in 111 Indian enclaves in Bangladesh while 25 teams went inside India to carry out the identical task in 51 enclaves in India.
  • They are expected to complete the survey by July 23.
  • The launch of the survey comes exactly a month after the two neighbours sealed the landmark deal to settle the 41-year- old land boundary dispute through exchange of territories, removing a major irritant in bilateral ties.



Samsung to set up Digital Academy

  • Korean electronics major Samsung is setting up a Digital Academy to train the youth in software development and testing tools. The mobile major, which launched a smart phone based on open source-based, will train the youth in the Tizen Operating System.
  • The company signed an agreement with the TASK (Telangana Academy for Skill and Knowledge) here on Monday in this regard. This pact is part of a few MoUs signed by the Telangana Government with different corporates and institutes as part of the Digital Telangana campaign held at Madhapur.



Telangana signs MoU with CR Rao Inst for Cyber Security Academy

  • In another agreement, C R Rao Advanced Institute of Mathematics, Statistics and Computer Science (AIMSCS) would help the government to set up a Cyber Security Academy to create ‘Cyber Warriors’. The institute would train youth in various aspects of cyber security, opening up employment opportunities in private and public sectors.
  • Economist and former RBI Governor C Rangarajan said cyber security was very important and, if not guarded against well, cyber crimes could cause damage. “Besides securing the systems, we need to create strengths in early warning and abilities to counter the attacks. It is imperative for us to get ready,” he said.

               

World –

Champagne vineyards of France granted with World Heritage status by UNESCO

  • The Champagne Hillsides, Houses and Cellars of France were on 5 July 2015 granted with the World Heritage Status by United Nations Educational, Scientific and Cultural Organization (UNESCO).
  • The decision to grant the status was given during the 39th session of the World Heritage Committee held in Bonn, Germany. The Committee was chaired by Maria Bohmer, Minister of State at Germany’s Federal Foreign Office
  • The Champagne World Heritage status covered the places where sparkling wine was developed using a second fermentation method in the bottle from the beginning of the 17th century until its early industrialisation in the 19th century.
  • Besides, another cultural site in France – The Climats, terroirs of Burgundy – was declared as World Heritage Site.



UNESCO and UNITAR signed agreement to protect cultural heritage with geo-spatial technologies

  • The United Nations Educational, Scientific and Cultural Organization (UNESCO) and the UN Institute for Training and Research (UNITAR) on 1 July 2015 signed an agreement to protect cultural heritage sites with the latest geo-spatial technologies.
  • The agreement was signed at the annual meeting of the World Heritage Committee in Bonn, Germany.

Features of the Agreement
  • It is part of the UNESCO’s Unite for Heritage framework under which UNESCO enters into agreements with sister UN Agencies to protect cultural heritage sites across the world.
  • It will enable both the organizations to work together during conflict situations and following natural disasters by sharing their respective expertise and collaborating on prevention and capacity development.



Greek Finance Minister Yanis Varoufakis resigns


  • Greek Finance Minister Yanis Varoufakis, whose forceful denunciations of creditors alienated many of his euro zone colleagues, resigned on Monday, saying Prime Minister Alexis Tsipras believed it would help smooth the path to a new aid deal.
  • His resignation comes after Greeks delivered a resounding 'No' to the conditions of a rescue package with international creditors.
  • In a statement, Mr. Varoufakis said he had been "made aware" that some members of the euro zone considered him unwelcome at meetings of Finance Ministers, "an idea the Prime Minister judged to be potentially helpful to him in reaching an agreement".



Finance –


World Bank released revised classification of world’s economies based on Gross National Income


  • The World Bank on 1 July 2015 released the annual revised classification of the world's economies based on estimates of gross national income (GNI) per capita for 2014. The GNI calculations are based on World Bank Atlas method.
  • The revision in the classification was done on the basis of the 2015 edition of World Development Indicators (WDI) report released on 15 April 2015 by the bank.
  • Bangladesh, Kenya, Myanmar and Tajikistan moved from the low income group to the lower-middle income group.
  • Maldives and Mongolia were the highest movers in the rankings – up 13 and 8 places, respectively.
  • Though India’s average per capital GNI reached 1610 US dollars or around 101430 rupees, it continues to be in the lower middle income category.
  • With the addition of one trillion US dollars during the past seven years, India’s GDP reached 2 trillion US dollar mark in 2014. In 2013 it was 1.861 trillion US dollars.



Sports –

USA defeated Japan to win Women's FIFA World Cup for the third time


  • United States of America (USA) on  July 2015 won the FIFA Women’s World Cup. In the final played at Vancouver, Canada, US defeated Japan, 5-2.
  • This was third world cup title for the USA and first since 1999.
  • In the semi-finals, while US defeated Germany, 2-0, Japan beat England, 2-1.
  • The player of the match was Carli Lloyd of US.


Awards
  • adidas Golden Ball: Carli Lloyd (midfielder of USA)
  • adidas Golden Boot: Celia Sasic (forward of Germany)
  • adidas Golden Glove: Hope Solo (Goalkeeper of USA)



India won 2015 South Asian Basketball Championship


  • India on 5 July 2015 won the South Asian Basketball (SABA) Championship title. In the final played at the Kanteerava Stadium in Bengaluru, Karanataka, India defeated Sri Lanka 93-44.
  • It was 4th edition of the championships. India was the winner of third SABA Championship.
  • With this win, India qualified for the FIBA Asia Championship in China. FIBA Asia Championship will be played in September 2015.
  • The winning team was given a cash prize of 35000 rupees as a personal gesture of Basketball Federation of India President K Govindraj.



Mercedes driver Lewis Hamilton of Britain won 2015 Formula 1 British Grand Prix title

  • Mercedes driver Lewis Hamilton of Britain on 5 July 2015 secured the 2015 Formula 1 British Grand Prix title by winning the final race held at the Silverstone Circuit in Northamptonshire, England.
  • While his team Nico Rosberg stood second, Ferrari driver Sebastian Vettel was in the third position. Both the drivers belong to Germany.
  • In the final race, Nico Hulkenberg (Germany) and Sergio Perez (Mexico) of Force India stood at seventh and ninth positions respectively.



Books & Authors –

Modi’s World: Expanding India’s Sphere of Influence by C Raja Mohan

  • The book titled Modi’s World: Expanding India’s Sphere of Influence authored by C Raja Mohan was published on 19 June 2015 by Harper Collins.
  • The focus of the book is on Prime Minister Narendra Modi’s foreign policy.
  • In the book, the author presented a sharp analysis of India’s challenges in navigating a rapidly transforming regional and international landscape under Narendra Modi.
  • C Raja Mohan is one of India’s highly respected foreign policy analysts and commentators.



Obituaries –

Renowned Urdu novelist Abdullah Hussain passed away

  • Renowned Urdu novelist from Pakistan Abdullah Hussain died on 4 July 2015 in Lahore after battling with blood cancer. He was 84.He is survived by his wife, a son and a daughter.
  • He authored the bestseller and critically acclaimed novel Udas Naslain, it is considered as a masterpiece of Urdu literature. His other famous novels are Baagh, Nadaar Loag and short stories Faraib and Nashaib. Hussain was also awarded with the Prime Minister's Lifetime Achievement Award in 2015 for his work.




Regards



Team ExamPundit


Sponsored

Books For 2015 Banking/Insurance Exams

27 comments