DAILY GK UPDATE – 4th July

1.    President joined on Twitter with @RashtrapatiBhvn

i. (https://twitter.com/RashtrapatiBhvn). He is the first
serving president of India to join Twitter.

ii. The account is the official Twitter account of
Rashtrapati Bhavan and is run by President’s Secretariat and tweets from the
President Pranab Mukherjee are signed. People can fallow the President for all
the updates about activities and news from Rashtrapati Bhavan.
iii. Prime Minister Modi also
has an account on twitter with the handle @narendramodi and former President
Abdul Kalam with the handle @apj_abdul_kalam.
2.    Andy Coulson gets 18-month jail for phone hacking
i. Former News of the World editor Andy Coulson, a onetime aide to British Prime Minister David
Cameron, has been sentenced to 18 months in jail for participating in a
conspiracy to hack the phones of celebrities, politicians and crime victims.
ii. Three other former journalists and private investigator
Glenn Mulcaire all received shorter sentences on Friday.
iii. Coulson was convicted on June 24, 2014 after an
eight-month trial stemming from revelations of illegal eavesdropping at the
now-defunct Rupert Murdoch-owned tabloid.
iv. Another former editor, Rebekah Brooks, and four others
were acquitted.
v. Coulson faces a retrial on two charges of bribing police
officers for royal phone directories.
vi. The defendants have said they did not know phone hacking
was illegal, though the judge said they knew it was “morally wrong”.
3.    RBI restored the limit of Overseas Direct Investment
taken under automatic route
i. The Reserve Bank of India (RBI) restored the limit of
Overseas Direct Investment (ODI) by an Indian company under the automatic route
of Foreign Exchange Management Act, 2004.
ii. With this decision now an Indian company can undertake
financial commitment or invest up to 400 percent of the net worth in all its
Joint Ventures (JVs) and/or Wholly Owned Subsidiaries (WOSs) abroad.
iii. However, RBI decided that any
financial commitment exceeding one billion US Dollars or its equivalent in a
financial year will require prior approval of the Reserve Bank. This rule is
applicable even if total commitment undertaken by an Indian company falls
within the eligible limit.
iv. Earlier in August 2013,
RBI reduced the ODI limit to 100 percent of net worth of company from 400
percent for all Indian companies by considering the prevailed macro economic
situation. The decision was taken in order to control the unprecedented
appreciation of the dollar when the rupee touched an all-time low of 68.80
rupees.
4.    Ram Naresh Yadav sworn-in as Governor of Chhattisgarh
i. Ram Naresh Yadav was sworn-in as Governor of
Chhattisgarh at Raj Bhawan, Raipur on 2 July 2014. Ram Naresh Yadav, Governor
of Madhya Pradesh, has been given the additional charge of Chhattisgarh.
ii. He was administered oath of secrecy by the Chief Jusitce
Yatindra Singh of Bilaspur High Court, Chhattisgarh.
iii. Ram replaced Shekhar Dutt, who resigned as the Governor of
Chhattisgarh on 18 June 2014.
5.   
Sri
Lanka’s Foreign Minister to visit Delhi for talks with Sushma Swaraj
i. Sri Lanka’s External Affairs Minister Prof G L Peiris
will be visiting India next week to hold talks with Foreign Minister Sushma
Swaraj on key issues, including the welfare of Tamil community in Sri Lanka and
the resolution of the fishermen issues.

ii. Prof. Peiris is likely to arrive
in New Delhi on 9th July and hold official talks on 10th.
6.   
Federer,
Djoko play their semis matches at Wimbledon today
i. In the Wimbledon Tennis championship, the Men’s Singles
semifinals will be played today.
ii. Seven times champion, Swiss Roger
Federer will face Canadian Milos Raonic while the other semifinal will be
played between top seeded Novak Djokovic and Bulgarian Grigor Dimitrov.
iii. Petra Kvitova of the Czech Republic
will face Canada’s Eugenie Bouchard in the final of the Women’s Singles
tomorrow. 
iv. In the first semifinal yesterday, 2011
Wimbledon winner and sixth-seeded Kvitova defeated compatriot Lucie Safarova,
7-6, 6-1.
v. In the second semifinal last night,
13th-seeded Bouchard beat Romania’s Simona Halep 7-6, 6-2 to become the first
Canadian to advance to the women’s singles final at Wimbledon.
7.   
Olympian,
WW II veteran Zamperini passes away
i. Louis Zamperini, an
Olympic runner
and
American World War II veteran who survived two years as a prisoner of war, has
died at the age of 97. 

ii. He died peacefully on Wednesday
after a 40-day battle with pneumonia. Zamperini’s life was the subject of the
2010 book Unbroken and an upcoming film adaption to be released this year.