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Daily GK Dose August 6th 2018

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Daily GK Dose August 6th

1. Pradhan Mantri Ujjwala Yojana Achieves 5 Crore Mark

Loksabha Speaker Sumitra Mahajan has handed over 5 croreth LPG connection under Pradhan Mantri Ujjwala Yojana (PMUY) in the Parliament House.

  1. The Government launched Pradhan Mantri Ujjwala Yojana (PMUY) on 1st May, 2016 and it is implemented by Ministry of Petroleum and Natural Gas through its Oil Marketing Companies i.e., IOC, BPCL and HPCL through their network of distributors across the country.
  2. Through PMUY, initially, 5 crore BPL households were targeted for providing deposit free LPG connections to BPL households by 31st March,2019.

2. 122 New Research Project proposals at a cost of Rs 112 Crore selected for funding under IMPRINT-2

 

For advancing research in the high education institutions, the government under the leadership of Prime Minister Shri Narendra Modi has approved 122 new research projects at a cost of Rs 112 crore under IMPRINT-2 covering Energy, Security, Healthcare, Advanced Materials, ICT and Security/Defence domains.

  1. “Out of 2145 proposals, 122 best proposals were selected for funding under IMPRINT-II, advancing cutting edge level technology,” Union HRD Minister PrakashJavadekar said in a statement.
  2. “Of the 122 new IMPRINT projects sanctioned, 81 are sponsored by industry.
  3. This industry-academic collaboration will bring excellence in research,” Mr Javadekar said adding that the knowledge portal for monitoring the progress of research projects and to disseminate findings will be launched in October 2018.

3. Gadkari will inaugurate Bidder Information Management System (BIMS)

The Ministry of Road Transport and Highways (M/o RT&H) has developed the Bidder Information Management System (BIMS) to streamline the process of pre-qualification of bidders for EPC Mode of contracts for all National Highway works with enhanced transparency and objectivity.

  1. BIMS would work as a data base comprising bidder wise information covering basic details, civil works experience, cash accruals and network, annual turnover etc.
  2. Ministry of Road Transport and Highways Nitin Gadkari will inaugurate the system.

4. Apple Inc became the first $1 trillion publicly listed U.S. company

Apple Inc became the first $1 trillion publicly listed U.S. company, crowning a decade-long rise fueled by its ubiquitous iPhone.

  1. The tech company's stock jumped 2.8 percent to as high as $207.05.
  2. Started in the garage of co-founder Steve Jobs in 1976, Apple has pushed its revenue beyond the economic outputs of Portugal, New Zealand and other countries.

5. Japan pips China to become world's second-largest stock market

Japan has pipped China as the world's number two stock market, a Bloomberg report said.

  1. Now, the Chinese market was worth $6.09 trillion next to Japan's $6.17 trillion.
  2. Both markets are ranked after the US which is the world's largest at just over $31 trillion.
  3. China lost to Japan after Chinese stocks and currency fell this year amid a trade spat with the US.

6. PM Modi to launch India Post Payments Bank on Aug 21

Prime Minister Narendra Modi on August 21 will launch long-awaited India Post Payments Bank (IPPB) that will have at least one branch in every district and focus on financial services in rural areas.

  1. IPPB will leverage reach of 1.55 lakh post office branches to provide banking and financial service to people in rural area.
  2. Last week, IPPB CEO Suresh Sethi said that IPPB will go live with 650 branches in addition to 3,250 access points co-located at post offices and around 11,000 postmen both in rural and urban area will provide doorstep banking services.

7. Gaganjeet Bhullar claims his first European Tour title

 

Indian golfer Gaganjeet Bhullar fired a sizzling six-under 66 in the final round to claim the Fiji International title, his first win on the European Tour.

  1. Bhullar, 30, thus became the most successful Indian player on Asian Tour and the first Indian to win on Australasia Tour.
  2. This was his ninth Asian Tour and 10th international title.

8. Badminton World C’ships: Carolina Marin Beats PV Sindhu in Final

Carolina Marin has beaten PV Sindhu 21-19, 21-10 in the women’s singles final at the Badminton World Championships.

  1. Marin is the first women’s player to win three World Championship golds.
  2. This is Sindhu’s second silver medal in two years after she lost the final in 2017 as well.

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