Current Affairs of 1st July 2015

1. Abhijeet Gupta wins 19th Commonwealth Chess Championship  
Grandmaster and former world junior champion Abhijeet Gupta won the 2015 Commonwealth Chess Championship after settling for a quick draw with Arghyadip Das in the ninth and final round of the event.
The 2015 Commonwealth Chess Championship was held from 22-30th June at Hotel Park Plaza, Shahdara, New Delhi, India.
The event has attracted 298 participants from 11 federations, including 23 Grandmasters and 30 International Masters. Gupta, a winner of this event in 2013 in Port Elizabeth, regained the crown with a very impressive eight points out of a possible nine, winning the first seven games in the championship and drawing the last two with utmost ease.

2. Literacy rate 71% in rural areas, 86% in urban areas: NSSO survey
A survey by National Sample Survey Office, NSSO, says that literacy rate in the rural areas was pegged at 71 per cent last year, compared to 86 per cent in the urban areas. The survey was released yesterday. It said, while among the age group of seven years and above, male literacy rate was found higher than the female literacy rate.
It said that among the age group of seven year and above, the male literacy rate was registered at 83 per cent vis-a-vis the female literacy rate of 67 per cent. According to the survey, in the rural areas nearly 4.5 per cent of males and 2.2 per cent of females completed education level of graduation and above, while in urban areas 17 per cent of males and 13 per cent of females completed this level of education.
The details are part of a survey on ‘Social Consumption: Education’ during the National Sample Survey, January to June 2014, conducted by the NSSO under the Ministry of Statistics and Programme Implementation. The survey covered entire country with samples taken from 36,479 households in rural areas and 29,447 in urban areas from 4,577 villages and 3,720 urban blocks.

3. 15-year-old becomes Britain's youngest 'cyborg'
Byron Wake, from Martock in Somerset, can now unlock his mobile phone and operate some Bluetooth devices with a wave of his hand. Wake is one of an estimated 10,000 people worldwide to have had the chip implanted. The chip is the size of a grain of rice and is encased in 'bio-safe' glas

4. Greece became first developed nation to default on IMF debt
Greece  became the first developed nation to default on International Monetary Fund (IMF) debt. It became a defaulter after it missed the deadline for payment of 1.7 billion dollar (1.5 billion euro) to IMF.
The Eurozone Finance Ministers refused to extend its bailout to Greece after it rejected the proposal given by the troika viz., International Monetary Fund (IMF), the European Commission (EC) and European Central Bank (ECB). The proposal said that Greece needs to raise its primary surplus within two years in order to avail the 15.5 billion Euros of funding, which in turn required pension and tax reforms for which the Syriza government is reluctant to.

5. Greece crisis and its Impact on India
Default by Greece on loans repayment to the IMF, would be first case by an advanced economy which will have impact on both the world economy and Indian economy.
Though India’s economy is not Greece-centric, Greece’s default on its payments and expected weakening of the euro will have indirect effect on the country’s economy.
Europe is India's largest trading partner with 129 billion US dollars of merchandise trade registered in 2014-15. Of this the European Union accounted for 97 billion US dollars with the UK, Germany, France and Italy being the leading partners.
India will earn less on its exports especially engineering goods for which is the Europe is the largest destination

6. Matti Makkonen, pioneer of SMS technology, died
Matti Makkonen, the man responsible for conceiving the idea of short messaging service (SMS) technology, died following a brief illness. He was 63.
This Finnish tech pioneer pitched the idea of SMS messaging to two colleagues in a pizzeria while at a telecommunications conference in 1984. However, it was on 3 December 1992 that the first text message was sent from a computer to a mobile device via the Vodafone network.

7. AMRUT, Smart Cities Mission and Housing for All to rejuvenate urban infrastructure
Urban rejuvenation or renewal calls for re-organizing the urban clusters where the infrastructure has far outlived its extent and is almost bursting at seams. The concept of urban rejuvenation has been used in many of the leading cities of world like Hong Kong, Singapore etc.
Urban rejuvenation or re-development or renewal, requires formation of authorities to carry out the 'large-scale redevelopment of urban areas, rather than piecemeal rebuilding of individual buildings or the provision of specific facilities'. In other words the buildings which were older than certain age were pulled down and new infrastructure was created which catered to the needs of the changed time.
Politically sensitive and requiring extreme transparency along with faith of the community in the system implementing it, it was repackaged in our context in India 10 years back with the launch of Jawaharlal Nehru National Urban Renewal Mission (JNNURM) in December 2005 by the then United Progressive Alliance (UPA) government.
1. Abhijeet Gupta wins 19th Commonwealth Chess Championship  
Grandmaster and former world junior champion Abhijeet Gupta won the 2015 Commonwealth Chess Championship after settling for a quick draw with Arghyadip Das in the ninth and final round of the event.
The 2015 Commonwealth Chess Championship was held from 22-30th June at Hotel Park Plaza, Shahdara, New Delhi, India.
The event has attracted 298 participants from 11 federations, including 23 Grandmasters and 30 International Masters. Gupta, a winner of this event in 2013 in Port Elizabeth, regained the crown with a very impressive eight points out of a possible nine, winning the first seven games in the championship and drawing the last two with utmost ease.

2. Literacy rate 71% in rural areas, 86% in urban areas: NSSO survey
A survey by National Sample Survey Office, NSSO, says that literacy rate in the rural areas was pegged at 71 per cent last year, compared to 86 per cent in the urban areas. The survey was released yesterday. It said, while among the age group of seven years and above, male literacy rate was found higher than the female literacy rate.
It said that among the age group of seven year and above, the male literacy rate was registered at 83 per cent vis-a-vis the female literacy rate of 67 per cent. According to the survey, in the rural areas nearly 4.5 per cent of males and 2.2 per cent of females completed education level of graduation and above, while in urban areas 17 per cent of males and 13 per cent of females completed this level of education.
The details are part of a survey on ‘Social Consumption: Education’ during the National Sample Survey, January to June 2014, conducted by the NSSO under the Ministry of Statistics and Programme Implementation. The survey covered entire country with samples taken from 36,479 households in rural areas and 29,447 in urban areas from 4,577 villages and 3,720 urban blocks.

3. 15-year-old becomes Britain's youngest 'cyborg'
Byron Wake, from Martock in Somerset, can now unlock his mobile phone and operate some Bluetooth devices with a wave of his hand. Wake is one of an estimated 10,000 people worldwide to have had the chip implanted. The chip is the size of a grain of rice and is encased in 'bio-safe' glas

4. Greece became first developed nation to default on IMF debt
Greece  became the first developed nation to default on International Monetary Fund (IMF) debt. It became a defaulter after it missed the deadline for payment of 1.7 billion dollar (1.5 billion euro) to IMF.
The Eurozone Finance Ministers refused to extend its bailout to Greece after it rejected the proposal given by the troika viz., International Monetary Fund (IMF), the European Commission (EC) and European Central Bank (ECB). The proposal said that Greece needs to raise its primary surplus within two years in order to avail the 15.5 billion Euros of funding, which in turn required pension and tax reforms for which the Syriza government is reluctant to.

5. Greece crisis and its Impact on India
Default by Greece on loans repayment to the IMF, would be first case by an advanced economy which will have impact on both the world economy and Indian economy.
Though India’s economy is not Greece-centric, Greece’s default on its payments and expected weakening of the euro will have indirect effect on the country’s economy.
Europe is India's largest trading partner with 129 billion US dollars of merchandise trade registered in 2014-15. Of this the European Union accounted for 97 billion US dollars with the UK, Germany, France and Italy being the leading partners.
India will earn less on its exports especially engineering goods for which is the Europe is the largest destination

6. Matti Makkonen, pioneer of SMS technology, died
Matti Makkonen, the man responsible for conceiving the idea of short messaging service (SMS) technology, died following a brief illness. He was 63.
This Finnish tech pioneer pitched the idea of SMS messaging to two colleagues in a pizzeria while at a telecommunications conference in 1984. However, it was on 3 December 1992 that the first text message was sent from a computer to a mobile device via the Vodafone network.

7. AMRUT, Smart Cities Mission and Housing for All to rejuvenate urban infrastructure
Urban rejuvenation or renewal calls for re-organizing the urban clusters where the infrastructure has far outlived its extent and is almost bursting at seams. The concept of urban rejuvenation has been used in many of the leading cities of world like Hong Kong, Singapore etc.
Urban rejuvenation or re-development or renewal, requires formation of authorities to carry out the 'large-scale redevelopment of urban areas, rather than piecemeal rebuilding of individual buildings or the provision of specific facilities'. In other words the buildings which were older than certain age were pulled down and new infrastructure was created which catered to the needs of the changed time.
Politically sensitive and requiring extreme transparency along with faith of the community in the system implementing it, it was repackaged in our context in India 10 years back with the launch of Jawaharlal Nehru National Urban Renewal Mission (JNNURM) in December 2005 by the then United Progressive Alliance (UPA) government.

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