Daily GK Updates - 1st May, 2016

NATIONAL UPDATES:

1. Real Estate (Regulation and Development) Act 2016 came into force: It promotes the growth of real estate sector in an environment of trust, confidence, credible transactions and efficient and time bound execution of projects.

2. Reliance Defence signed agreements with 3 Ukranian companies: This will allow them to collaborate on a range of military products including transport aircraft, upgrade of armoured vehicles, maritime gas turbines and unmanned aerial vehicles. The agreements were signed during meeting between Reliance Group Chairman Anil Ambani and Ukranian President Petro Poroshenko in Ukraine.

3. Government approves Rs 9005 crore investment for affordable housing for Economically Weaker Section (EWS) under the Prime Minister’s AwasYojana (PMAY) in three states viz. Maharashtra, Punjab and Jammu and Kashmir.

4. First in South India, underground corridor of Namma Metro inaugurated in Bengaluru: The newly inaugurated underground section of about 5.12 kilometres long from Cubbon Park to City Railway station completes the 18.10 kms long east west corridor which is also called Purple line.

INTERNATIONAL UPDATES:

1. China developed world’s first graphene electronic paper: It will be a huge breakthrough that will catapult the material to a new level. It was developed by the Guangzhou OED Technologies in partnership with a company in Chongqing. Compared with traditional e-papers, a graphenee-paper is more pliable and has more intensity and its high-light transmittance means optical displays will be much brighter.

2. Bitcoincreater confirms identity as Australian Craig Wright: Australian entrepreneur Craig Wright has reportedly confirmed that he created digital payment system bitcoins and provided technical proof for his claims. He had earlier developed it under the pseudonym ‘Satoshi Nakamoto’.

OTHER UPDATES:

SPORTS:

1. Charles Borromeo resigned from Tata Steel Sports Department.

2. Vijender Singh records 5^th consecutive victory in professional boxing as he defeated Frenchman Matiouze Royer at London’s Copper Box Arena via knock-out.