DAILY GK UPDATE – 6 – 7th July

6th BRICS Summit to be held
Fortaleza, Brazil from 15-17 July 2014
i. The 6th BRICS summit will be the
sixth annual diplomatic meeting of the BRICS, a grouping of major emerging
economies that includes Brazil, Russia, India, China and South Africa.
ii. It will be hosted by Brazil, as the
first host country of the current five-year summit cycle, the host city will be

iii. PM Narendra Modi will be attending the two-day
summit of five-nation BRICS forum in Brazil next week when it is likely to give
a concrete shape to establishment of a Development Bank and pitch for reforms
of the UN Security Council.
iv. Modi’s first participation in a multilateral meeting after taking
over as Prime Minister will also give him an opportunity to meet with world
leaders including Chinese President Xi Jinping and Russian President Vladimir
Putin apart from leaders of South America. 

v. Summit
host and Brazilian President Dilma Rousseff has invited leaders of South
American nations including those from Argentina, Bolivia, Ecuador, Paraguay,
Uruguay, Venezuala and Surinam for the summit following on the footsteps of
South Africa which invited African nations to the last year’s Summit in Durban. 
Note: 5th BRICS Summit 2013 was held in Durban, South
Rangarajan sets poverty line at Rs. 32 per day in rural & Rs. 47 in Urban
i. A panel headed by former Economic Advisor to Prime
Minister, C Rangarajan sets poverty line at Rupees 32 per day in rural areas
and Rupees 47 in Urban areas.
ii. The panel has dismissed the
Tendulkar Committee report on estimating poverty, which had suggested persons
spending below 33 Rupees per-day mark in Urban areas to be considered poor.

He also said that the number of poor in India
was much higher in 2011-12 at 29.5 per cent of the population, which means that
three out of 10 persons are poor.
iii. The Rangarajan Committee was set up
last year to review the Tendulkar Committee methodology for estimating poverty
and clear the ambiguity over the number of poor in the country.
Kamla Beniwal  appointed as new Governor of Mizoram
i. Governor of Gujarat, Kamla Beniwal was transferred and
appointed as Governor of Mizoram for the remainder of her term. 
Vakkom Purushothaman,
appointed as Governor of Nagaland
i. Vakkom
Purushothaman, the Mizoram Governor, transferred and appointed as Governor of
Nagaland for the remainder of his term. Vakkom will continue to hold the
additional charge of the office of the Governor
of Tripura
Note: Margaret Alva, the
Governor of Rajasthan, was given the additional responsibility of discharging
the functions as Governor of Gujarat,
until regular arrangements for the office is made. 
5.    Bihar Governor DY Patil took additional charge of West
i. DY Patil, the
Governor of Bihar assumed the additional charge of West Bengal as the acting
ii. Patil took over the
charge of the office from MK Narayanan
who resigned from the post on 30 June 2014, which was accepted by the President
on 4 July 2014. Narayanan became the 24th Governor of West Bengal on 24 January
6.    M S Mehta appointed as CEO of Reliance Infrastructure
i. M S Mehta was appointed as Chief Executive Officer (CEO)
of Reliance Infrastructure on 7 July 2014. He took charge as CEO for a period
of five years.
ii. He replaced Lalit
who held the post of CEO of Reliance Infrastructure for more than
seven years.
7.    NABARD and SFAC signed a MoU for development of Small
Farm Producers
i. National Bank of Agriculture and Rural Development
(NABARD) and Small Farmers Agribusiness Consortium (SFAC) signed a Memorandum
of Understanding (MoU) for the development of Small Farm Producers.
ii. The MoU seeks to bring the two institutions in close
coordination for implementing schemes for promotion of Producer Organisations
iii. The SFAC is implementing a scheme of the Government of
India whereby the Producers Organisations are given equity support and the
financing banks are given credit guarantee cover to enable formation of
Producer Organisations.
UK Foreign Minister William Hague to
arrive in India today
i. United Kingdom’s Secretary of State
for Foreign Affairs, William Hague,
will arrive in India on a two-day visit for the first time after the formation
of the NDA government in the country.
ii. The visit will focus on key areas,
including ways to enhance investment, defence and security ties between the two
Petro Kvitova crushes Bouchard to win Wimbledon title
i. Petra Kvitova stormed to her second Wimbledon title
in the shortest women’s final since 1983 as the Czech sixth seed crushed
Canada’s Eugenie Bouchard 6-3, 6-0 on Saturday.
ii. Kvitova,
who first won Wimbledon in 2011, took just 55 minutes to end her three-year
wait for a second Grand Slam crown, leaving shell-shocked world number 13
Bouchard helpless to repel a brutal barrage of 28 winners and four aces on
Centre Court. 

iii. Playing
in her first Grand Slam final since her maiden triumph at Wimbledon, the
24-year-old Kvitova produced a brilliant display of power-hitting to secure the
12th career title. 
Djokovic lifts his 2nd Wimbledon title 
i. Novak Djokovic  defeated Roger Federer to win his second Men’s
Wimbledon title and seventh career Grand Slam
ii. The match went into the decider set
and Djokovic shattered Federer’s dream of a record eighth grass court title,
with score card reading 6-7, 6-4, 7-6, 5-7, 6-4.
iii. Victory allowed the Serb Novak
Djokovic, to end a run of three successive defeats in Grand Slam finals.
iv. Defeat for 32-year-old Federer, ended
his bid to become the oldest Wimbledon champion in the Open Era and of breaking
the record of seven titles he shares with Pete Sampras.
11.  Novak Djokovic becomes world number one after
Wimbledon victory
i. Novak Djokovic’s Wimbledon victory
returned him to the top of the latest world rankings, released by the ATP
ii. Serbian Djokovic has moved above Rafael Nadal of Spain
to top the rankings by 460 points. Defeated finalist Roger Federer has skipped
compatriot Stan Wawrinka to claim third.
ATP top 10 as of July
1. Novak Djokovic             2. (1) Rafael Nadal     3.
Roger Federer
4. Stan Wawrinka             5. Tomas Berdych
12.  Williams stays top in WTA rankings, Wimbledon champion
Kvitova fourth
i. Serena Williams of the United States has retained top
spot in the latest world rankings released by the WTA Monday, while Wimbledon
champion Petra Kvitova moved up to fourth.
Kvitova of the Czech Republic has gained two places from sixth but still trails
Li Na (China) and Simona Halep (Romania) behind Williams, who is top with an
advantage of 2,550 points.
WTA top 5 as of July
1. Serena Williams.              2. Li Na, China           3. Simona Halep 
4. Petra Kvitova                    5.
Agnieszka Radwanska, 
13.  MCC XI won the match played to celebrate 200 years of
Lord’s Cricket Ground
i. Marylebone
Cricket Club XI on 5 July 2014 won the match played to celebrate 200-years
(bi-centenary) of Lord’s Cricket Ground – the Home of Cricket. Sachin
Tendulkar-led MCC XI beat Shane Warne-led Rest of the World XI in Lord’s in
London, UK.
ii. Batting first MCC XI
made 296 for 3 wickets. Aaron Finch with unbeatable 181 was the highest scorer
of the match. On the other hand, Yuvraj Singh of Rest of the World XI was able
to make 132 runs and helped the team to reach a respectable score of 293.