Daily GK Update : 24 June 2015

1. Government to set up 6 new IIMs 
The new institutes will begin offering courses from the forthcoming academic year.

2. Cabinet approves Jayaprakash Narayan memorial in Bihar
The memorial will house a virtual museum and an institute to undertake study and research on democracy.

3. Parliament’s three-week monsoon session to begin on July 21
The Cabinet Committee on Parliamentary Affairs has recommended to President Pranab Mukherjee to convene the three-week session.

4. Foxconn to make Xiaomi phones in India
Foxconn has leased a facility in Sri City in southern part of Andhra Pradesh to begin production on a small scale.

5. Pakistan heat wave: Death toll reaches 780 in Karachi
Many of the deaths, among the elderly and poor were caused by dehydration