3rd July 2015 Daily Current Affair Updates|Daily GK Updates

1. Noted scientist Sanjeev Galande has been selected for the prestigious G D Birla award for 2014 for his pioneering research in the field of epigenetics and molecular cell biology. Galande is a professor at the Indian Institute of Science Education and Research (IISER) in Pune and is widely respected for his works in genomics and related areas. He is the 24th recipient of the award.

2. The government appointed U.P. Singh, a Joint Secretary in Oil Ministry, as the interim chairman of state-run Oil India Ltd, after appointment of a regular head was delayed because of questions being raised on the shortlisted candidate. U.P. Singh, Joint Secretary (Exploration), Ministry of Petroleum and Natural Gas assumed the additional charge of Chairman and Managing Director in place of S.K. Srivastava who superannuated.
3rd July 2015 Daily Current Affair Updates|Daily GK Updates
3rd July 2015 Daily Current Affair Updates|Daily GK Updates

3. Balvender Kumar IAS (UP: 1981) took over as Secretary Ministry of Mines in New Delhi. Before joining the Ministry of Mines, Balvender Kumar was holding the charge of Vice-Chairman, Delhi Development Authority under Ministry of Urban Development. He took over the charge from Dr. Anup K. Pujari.

4. China has become successful in making first fully indigenous bullet train. It has began testing the first bullet train completely made from locally produced parts. This move of China is being considered as a major step in eliminating dependence on import of bullet train from Germany, Canada and Japan. Till now most of the parts of bullet trains made by China were imported from abroad.

5. Literacy rate in rural areas was pegged at 71 percent in 2014, compared to 86 percent in urban areas, while among the age group of seven years and above, male literacy rate was found higher than the female literacy rate, according to NSSO survey. Among the age group of seven year and above, the male literacy rate was registered at 83 per cent vis-a-vis the female literacy rate of 67 per cent.

6. Congress leader K.A. Sabarinathan was sworn-in as a legislator of the Kerala legislative assembly. In the results for the Aruvikara by-election announced, Sabarinathan, 31, secured 56,448 votes to defeat former speaker and minister M. Vijayakumar, 67, of the Communist Party of India-Marxist (CPI-M), who secured 46,320 votes.

7. Greece became the first developed nation to default on International Monetary Fund (IMF) debt. It became a defaulter after it missed the deadline for payment of 1.7 billion dollar (1.5 billion euro) to IMF. According to IMF's Fund spokesman Gerry Rice, Greece has too much debt to return and it can get finance from the IMF only if it repays the loan.

8. Dr. Anup K. Pujari took over as Secretary Micro, Small and Medium Enterprises (MSME). He is a 80th batch IAS officer. He succeeds Madhav Lal who superannuated on June, 30 2015. Before joining the Ministry of MSME, Dr. Pujari was holding the charge of Secretary, Mines. Pujari has served the Central and Karnataka Govt. in various capacities. 

9. Country’s largest bank State Bank of India (SBI) announced its tie-up with travel company MakeMyTrip.com. This partnership includes partnership with personal banking unit for consumer facing propositions – including EMIs on purchase of holidays & international travel, customized travel products like Forex cards and travel products. On the other hand MakeMyTrip customers will be able to access special offers from SBI on debit/credit cards and personal financing.

10. Finland's Matti Makkonen, the man responsible for conceiving the idea of short messaging service (SMS) technology, passed away following chronic illness. He was also known as ‘Father of SMS’. He was 63. 
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