GK Updates Mockbank

7 Indians in Forbes Asia’s heroes of philanthropy list

7 Indians in Philanthropy list

  • Seven Indians featured in Forbes Asia’s 9th Heroes of Philanthropy list which highlights the most noteworthy contributions to philanthropy.
  • This list is prepared from 13 countries across Asia Pacific.
  • Among the seven Indians, four are co founders of Infosys namely N R Narayana Murthy, Senapathy Gopalakrishnan, Nandan Nilekani and S D Shibulal.
  • N R Narayana Murthy’s son Rohan also features on the list for donating a whopping $5.2 million to Harvard University Press for promoting ancient Indian literary classics.
  • Kerala-born entrepreneur Sunny Varkey tops the list of the region
  • He had pledged about half of his USD 2.25 billion dollar worth which he acquired by GEMS foundation in June.
  • The other two Indian philanthropists are brothers Suresh Ramakrishnan and Mahesh Ramakrishnan, both London-based entrepreneurs and founders of Whitcomb & Shaftesbury Tailors on London’s Saville Row.

India considering safeguard duty on steel after imports from China, Japan surge.

Steel Safeguard Measures

  • In the wake of threat to domestic steel industry arising from rising imports of some hot-rolled steel products from China, Japan, South Korea and Russia, India is considering to safeguard duty on imports from these countries.
  • The Steel Authority of India, JSW Steel and Essar Steel filed an application in July seeking safeguard measures for a four-year period prompted the Directorate General of Safeguards to look into the matter.
  • The reason why steel makers are pushing for a safeguard duty instead of an increase in an existing import tax is because a safeguard duty would also apply to companies in Japan and South Korea, since India has free trade agreements with these countries and hence it gives them import duty concessions.
  • Imports hit 13 percent this fiscal year of the total steel production in the country.

NPCI plans to roll out three new versions of RuPay.

  • The National payment corporation of India (NPCI) is planning to roll out three new versions of the card.
  • The company will launch a Mudra card, a credit card and an international card.
  • Currently RuPay debit card is issued as a debit card, kisan card along with the opening of saving bank accounts.
  • It was launched in March 2012.
  • Till August 2014 35 million RuPay cards had been issued.
  • Mudra Bank co branded card will be issued in association with Mudra Bank.


Reliance Defence Ties up with UAE firms for ships.



  • Reliance Defence Limited (RDL), a wholly owned subsidy of Reliance Infrastructure Ltd. which is part of ADAG(Anil Dherubhai Ambani group) signed a Memorandum of Understanding (MoU) with Abu Dhabi Ship Building (ADSB).
  • Under this MoU, both companies are investigating the opportunity to set up a strategic partnership for construction of Naval ships.
  • Reliance group is likely to use it newly acquired ship building facilities at Pipavav for implementation of this collaboration.

Air India flight makes emergency landing after plane wheel catches fire

  • Air India flight AI 405 from Varanasi to Delhi had an emergency landing here as the pilot reported hydraulic failure at around 1916 hours. However, a small fire was seen in the undercarriage of the aircraft after landing which was quickly doused.
  • Upto 5 passengers were injured in this accident.
  • The flight was carrying 159 passengers on board.


September 8 – International Literacy Day

  • September 8 was proclaimed International Literacy Day by UNESCO on November 17, 1965.
  • It was first celebrated in 1966. Its aim is to highlight the importance of literacy to individuals, communities and societies.
  • On International Literacy Day each year, UNESCO reminds the international community of the status of literacy and adult learning globally. Celebrations take place around the world.
  • The literacy rate in India as per 2011 Census is 75%.
  • World Literacy average is 84%.
  • Of all the nations, India has the highest number of illiterates.
  • Effective literacy rate in 2011 were 82.14% for men and 65.46% for women.
  • Kerala is the most literate state in India, with 93.91% literacy, followed by Lakshadweep at 92.28%.
  • Bihar is the least literate state in India, with a literacy of 63.82%.
  • Although the decadal rise from 2001–11 was only 7% (60.4% in 2001 to 67.1% in 2011) Rajasthan had the biggest percentage decadal (1991–2001) increase in literacy of all Indian states, from about 38% to about 61%, a leapfrog that has been termed “spectacular” by some observers

 GK Questions of the day

1.In which year was Pulitzer Prize established?

A 1917

B. 1918

C. 1922

D. 1928

Answer: 1917

2. The first black American to win the Nobel Prize for literature is

A. Aurthe Ashe
B. Martin Luther King
C. Toni Morrison
D. Nelson Mandela

Answer:  Toni Morrison won the Nobel Prize in 1993

3. Who among the following got the ‘Bharat Ratna’ award, before becoming the President of India?

A. R. Venkatramanan
B. Dr. Zakir Hussain
C. V. V. Giri
D. Dr. Rajendra Prasad

Answer: Dr. Zakir Hussain was awarded the Bharat Ratna, India’s highest national honour, in 1963. He was the 3rd President of India from 13 May 1967 until his death on 3 May 1969.

4) Rabindranath Tagore’s ‘Jana Gana Mana’ has been adopted as India’s National Anthem. How many stanzas of the said song were adopted?

A. Only the first stanza
B. The whole song
C. Third and Fourth stanza
D. First and Second stanza

Answer: The song ‘Jana Gana Mana’ composed by Rabindranath Tagore was adopted as the Indian national anthem on 24 January 1950. It was first sung on 27 December 1911 at the Calcutta session of the Indian National Congress. The anthem is written in highly Sanskritized Bengali and is part of a Brahmo poem. Only the first stanza was adopted of the original song.