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Friday, August 5, 2016

Daily GK Updates - 4th August, 2016

NATIONAL UPDATES:
1. Six year old Indian boy enters Guinness World Record: A six-year-old boy, Om Swaroop Gowda from Karnataka has set the world record for covering longest distance by limbo skating under cars. He clinched the Guinness World records title after a successful attempt to travel a staggering 65.283-metre distance while holding his body just above the ground and maintaining a splits position throughout.

2. LS Speaker inaugurates DRDO exhibition in Parliament premises: LokSabha Speaker SumitraMahajan has inaugurated the three-day Defence Research and Development Organisation (DRDO) exhibition in the Parliament premises in New Delhi.

3. Urban Development Ministry approves investment of Rs 4404 crore to 8 states, UTs: Ministry of Urban Development has approved an investment of Rs. 4,404 crore in augmenting water supply, sewerage networks, drainage, urban transport and public and green spaces in urban areas in 8 States and UTs under Atal Mission for Rejuvenation and Urban Transformation (AMRUT) for the current financial year.

4. Vasundhara Raje lays the foundation of 14 projects in Jaipur: Rajasthan's Chief Minister VasundharaRaje has laid the foundation of 14 projects worth Rs 2,229 Crore and stated that the city of Jaipur will be a 'wonder city' in next two years. The project aims to make the 47-km long water body pollution free and beautiful in the next two years. Plantation of 16,000 saplings in 65,000 sq meters will also be a part of the beautification of the river, etc.

5. Shipping Corporation of India inks MoU amid Growth Plans: Shipping Corporation of India Ltd. has signed the Memorandum of Understanding (MoU) with the Ministry of Shipping for the financial year 2016-17.

6. Dr D K Gayen appointed as the new GM of East Central Railway.

7. Sudhanshu Mani appointed as new GM of Integral Coach Factory (ICF).

8. Nimesh Kampani resigns as Managing Director of JM Financial Ltd.

INTERNATIONAL UPDATES:
1. 4 Indian-origin persons among US’ top wealth advisors: Forbes: Raj Sharma and Ash Chopra, both working in Merrill Lynch - Private Banking & Investment Group, have been ranked 17th and 129 respectively on the Forbes 2016 'America's Top Wealth Advisors' list. While Sonny Kothari of Merrill Lynch Wealth Management has been ranked 176, RajuPathak of Morgan Stanley Wealth Management is placed at 184.
OTHER UPDATES:
FINANCE/BANKING:                                 
1. RBI launches new website ‘Sachet’ to curb Illegal Collection of Deposits: The Reserve Bank of India (RBI) Governor RaghuramRajan has launched ’Sachet- www.sachet.rbi.org.in’, a web portal to curb illegal collection of deposits. Sachet is an SLCC (State Level Coordination Committees) website from which the members of the public would be able to obtain information regarding entities that are allowed to accept deposits, lodge complaints and also share information regarding illegal acceptance of deposits by unscrupulous entities.

2. RBI constitutes a committee on Household Finance: The Reserve Bank of India (RBI) has set up a committee to look at the various facets of household finance in India and to benchmark India’s position vis-à-vis both the peer countries and advanced countries.

SPORTS:
3. IOC gives nod to addition of five new sports in Olympic Games Tokyo 2020: The International Olympic Committee (IOC) has agreed to add Baseball-Softball, Karate, Skateboard, Climbing Sports and surfing in the 2020 Tokyo Olympics. The decision was taken by the 129th IOC session being held in Rio de Janeiro.

AWARDS:
4. ShubhaMudgal to be awarded Rajiv Gandhi National Sadbhavana Award: Mudgal will be honoured for her outstanding contribution towards the promotion of communal harmony, peace and goodwill on 20 August 2016 at JawaharBhawan Auditorium.

BOOKS AND AUTHORS:

5. Book titled ‘Grassroots Innovation’ authored by Prof. Anil K Gupta has been released.

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