24 August 2015 Current Affair Updates | Daily GK Download
1. Eritrea's Ghirmay Ghebreslassie claimed the 
first gold medal of the World Atheletics Championships men's marathon 
organised in Beijing. Ghebreslassie, who became the youngest ever world 
marathon winner in just his fourth race, completed the 42.195 kilometers
 race in 2hr 12min 27sec.
2. Historian and writer Babasaheb Purandare was awarded
 with Maharashtra Bhushan Award 2015. He was bestowed this award in 
literature category by Maharashtra Governor C. Vidyasagar Rao at a 
function held at Raj Bhavan, Mumbai. He was credited with writing the 
first historical work on 16th century Great Maratha king Chattrapati 
Shivaji. Babasaheb Purandare is popularly known as Shiv Shahir, 
Shivaji’s poet.
3. The Reserve Bank of India issued a notification, 
according to which banks can extend loan repayment period up to 5 years 
in case 50% crop is damaged due to natural calamities like drought and 
flood. However, if crop damage is 33%, the loan repayment period can be 
extended up to 2 years, including one year of moratorium.
4. Noted academician and former Vice-Chancellor of the 
Jammu University Amitabh Mattoo was appointed as Advisor to Jammu and 
Kashmir (J&K) Chief Minister Mufti Mohammad Sayeed. Mattoo (53) will
 have the status of a Cabinet Minister. Born in Srinagar, Mattoo has 
been the Chief Executive Officer and inaugural Director of the Australia
 India Institute and Professor of International Relations at the 
University of Melbourne in Australia.
5. India’s High Commissioner to Singapore, Vijay Singh 
Thakur, has received ‘Asian of the Year 2014’ award by leading Singapore
 daily The Straits Times, on behalf of Prime Minister Narendra Modi. 
Modi was given the award in December last year for putting focus on 
India’s development and getting the world “excited” about the prospects 
of the country again.
6. India-based micro-irrigation firm Jain Irrigation 
Systems is the sole company from the country named in Fortune magazine's
 inaugural 'Change the World' list of companies making significant 
progress in addressing major social problems as a part of their core 
business strategy. Jain Irrigation ranks 7th on the list of 50 companies
 on Fortune's new "Change the World list" that has been topped by 
UK-based Vodafone and Kenyan telecom Safaricom and includes 
Bangladesh-based Grameen Bank and Afghan telecom company Roshan.
7. India removed Iran from the list of countries put 
under the restricted visa category or the prior referral category (PRC) 
of countries. India sees Iran as a key supporter in the wake of the 
growing threats and influence of Islamist terror groups such as the 
Islamic State in Central Asia. India has liberalised its visa policy for
 Iran and struck it off the prior referral category of countries. Three 
categories of visas – employment, conference, students and research 
visa-were on the restricted list till now.
8. Arthur Morris, one of Australia's finest opening 
batsmen and a key member of Don Bradman's 'Invincibles' side, has died 
aged 93. Left-hander Morris scored 3,533 runs in 46 Tests at an average 
of 46.48 and was named in Australia's team of the century in 2000. It 
was the 1948 tour of England where Morris had his crowning moment, 
scoring the most runs as the "Invincibles" went unbeaten throughout.
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| 24 August 2015 Current Affair Updates | Daily GK Download | 
9. The book titled Making India Awesome authored by 
Chetan Bhagat was released by Rupa Publications. This is the second 
non-fiction book written by the country’s biggest-selling writer Chetan 
Bhagat. His first non-fiction book was What Young India Wants which was 
well received by the readers. Making India Awesome is a collection of 
essays.
10. India became the fourth country after Russia, Great
 Britain and China to have a hotline (direct secure line of 
communication) with the US President. The hotline has been established 
with the purpose of direct and secure communication between Indian Prime
 Minister Narendra Modi and US President Barack Obama. This was 
disclosed by Peter R. Lavoy, special assistant to US President and 
senior director for South Asian Affairs at the National Security Council
 of the White House. 
