Daily GK Update : 2nd June 2015

1. RBI lowers repo rate to 7.25%
Cash reserve ratio (CRR) remains unchanged at 4 per cent

2. Rita A Teaotia named new Commerce Secretary
Teaotia, a 1981 batch IAS officer, is Special Secretary in Department of Telecommunications.

3. PM Narendra Modi to visit Israel
Dates for the trip have not yet been announced, but it may happen this year

4. US Defence Secretary Ashton Carter arrives in Vishakapatnam
He will hold talks with senior Navy officials there.

5. Maria Sharapova knocked out of French Open 
She lost 7-6, 6-4 to Lucie Safarova in the fourth round.