05 July 2019 - Daily Current Affairs

05 July 2019 - Daily Current Affairs

05 July 2019 - Daily Current Affairs

1. Union budget 2019-20 presented by Finance Minister Nirmala Sitharaman

  • Today, the union finance minister Ms Nirmala Sitharaman has presented the maiden union budget for 2019-20 in Lok Sabha.
  • This is the first Budget of the Narendra Modi Government in the second tenure.
  • The annual financial statement of a government, the Union budget gives details about the revenue and expenditure of the Centre in the past and estimated spending and projections for the coming year.
2. RRB recruitment exams to be conducted in 13 regional languages
  • The Union government has announced that the recruitment examination of Regional Rural Banks (RRBs) will be conducted in 13 regional languages in addition to English and Hindi.
  • It has been decided that examination of direct recruitment of Scale-1 officers and Office Assistant in RRBs will be conducted in regional languages too.
  • The regional languages are Assamese, Bengali, Gujarati, Kannada, Konkani, Malyalam, Manipuri, Marathi, Oriya, Punjabi, Tamil, Telugu and Urdu.
  • The candidate has the option to choose the regional language of the State, they have opted for the examination.
  • The decision will be implemented from this year onwards.
  • At present, there are 45 Regional Rural banks functioning in the country has a total staff strength of around 90 thousand employees.
International Affairs

3. Duty-Free shops at Dubai airports to accept Indian currency

  • Dubai Duty-Free has announced that Indian Rupee will now be an accepted currency at all the retail outlets of the Dubai airport.
  • However, the change, if any, will be given back in Dirhams and not the Indian currency.
  • Stores at the Dubai Airport will accept notes of various denominations, including 100s, 200s, 500s and 2000s.
  • The move makes the Indian rupee the 16th international currency to be accepted at Dubai's airports.
  • According to a report, out of the 90 million passengers who used Dubai's airports, 12 million of them travelled to or from Indian destinations.
Source: AIR News

4. IMF approves USD 6 billion loans to Cash-Strapped ‘Pakistan’

  • The Executive Board of the International Monetary Fund (IMF) has approved USD 6 billion loan for cash-strapped Pakistan over a period of three years.
  • The loan amount will help to support Pakistan’s economic plan that aims at returning sustainable growth to the country’s fragile economy and improving the standards of living.
  • The USD 6 billion financial aid includes an immediate disbursement of USD 1 billion to help Pakistan address its balance of payment crisis.
  • while the remaining amount will be phased over the duration of the programme.
  • The approved loan aims to support Pakistan’s economic plan, which aims to return sustainable growth to the country’s economy and improve the standards of living.

5. French lawmakers approve 3% tax on online giants

  • In France, the lower house of parliament today approved a small, pioneering tax on internet giants like Google, Amazon and Facebook.
  • The French government hopes that other countries will follow the suit. The bill foresees a 3 per cent tax on the French revenues of digital companies with global revenue of more than 750 million Euros.
  • At present, the companies pay nearly no tax in countries where they have large sales like France.
  • The bill adopted by the National Assembly will be sent to the Senate next week, where it is expected to win final approval.
Source: AIR News
National Affairs

6. UIDAI Opens its First ‘Aadhaar Seva Kendra’ in Delhi and Vijayawada

  • Unique Identification Authority of India (UIDAI) has set up its first exclusive ‘Aadhaar Seva Kendra’ (ASK) at Akshardham Metro station in New Delhi.
  • It will be operational six days a week excluding Tuesdays and public holidays.
  • The second such Aadhaar centre has been opened in Vijayawada (Andhra Pradesh).
  • These Aadhaar centres will make it easier for citizens to apply for a new Aadhaar card or update existing ones.
  • UIDAI has an ambitious plan to set up 114 such centres by the end of 2019.
  • Although thousands of Aadhaar centres are being run by banks and post offices currently but the Aadhaar Seva Kendras (ASK) are the first specialized centres operationalized by UIDAI.
  • Aadhaar is a 12-digit unique identity number that can be obtained by residents of India, based on their biometric and demographic data.
  • The data is collected by the Unique Identification Authority of India (UIDAI), a statutory authority established in January 2009 by the government of India, under the jurisdiction of the Ministry of Electronics and Information Technology.
  • Aadhaar is the world's largest biometric ID system.
Source: Live Mint

7. UP govt launches toll-free CM helpline 1076

  • The Uttar Pradesh government has launched a toll-free Chief Minister helpline 1076.
  • It will enable people from across the state to register their complaints, ensure time-bound action on the complaints.
  • According to CM Yogi Aditya Nath, he will personally review the complaints every month.
  • If a department gets more than 100 complaints in a month, action will be taken against the concerned officials.
  • The 500-seater call centre has been established for the helpline and it has the capacity to handle 80,000 inbounds and 55,000 outbound calls on daily basis.
  • When the complainant calls the helpline, he/she will get an SMS informing that the complaint has been sent to the department concerned.
  • The Chief Minister’s helpline number 1076 will work 24x7 and anyone from any part of the state can call on this number anytime.
Source: AIR News

8. Rural sanitation coverage jumped to 99% from 38% in 2014

  • According to Minister of State for Jal Shakti Rattan Lal Kataria, Under Swachh Bharat Mission (Gramin), nine crore 62 lakh individual household toilets have been constructed so far.
  • The sanitation coverage in the rural areas of the country has increased to more than 99% (over 38% on 2nd October 2014).
  • 632 Districts, 30 States, over 2.50 lakh Gram Panchayats and five lakh 67 thousand 498 villages have been declared open defecation Free.
Source: AIR News

9. India’s first Design Development Centre ‘Fashionova’ launched in Surat

  • India’s first Design Development Center ‘Fashionova’ has been launched in Surat, Gujarat.
  • The launch of Fashionova will promote the city in the field of the fashion design sector.
  • The main objective of this studio is to provide a strong platform to all those who have a flair of the apparel business.
  • It fulfils, on a large scale, all business needs from co-working space, technicians, expert advises to cognitive workshops and exposure to the industry.

10. 3rd Global Sunflower Seed Meet to be held in Mumbai

  • India will host the 3rd edition of the International Sunflower Seed and Oil Conference (ISSOC) 2019 in Mumbai (from 19-20th July 2019).
  • The event will be hosted by the Solvent Extractors’ Association of India (SEA).
  • The last two editions was hosted by China and Ukraine.
  • The conference will see participation from global industry leaders, experts, researchers, and government representatives
  • Sunflower seed is seen as a healthy table-seed and culinary seed having wide applications in variety of food preparations including cakes and pastries.
  • India is the largest importer of sunflower oil with imports of about 2.8 million tonnes.
  • The global imports of sunflower oil are around 9.6 million tonnes.'

11. Maharashtra tops in NITI Aayog’s Agricultural Marketing & Farm Friendly Reforms Index

  • As per the Economic Survey 2018-19, Maharashtra state has achieved first rank in the NITI Aayog’s launched “Agricultural Marketing and Farmer Friendly Reforms Index (AMFFRI).
  • The Index was launched in 2016 and ranks states based on the degree of reforms they have undertaken in agricultural marketing.
  • AMFFRI has a score that can have minimum value “0” implying no reforms and maximum value “100” implying complete reforms in the selected areas.
Top 5 states in the index
RanksStatesscored out of 100
4.Madhya Pradesh69.5

12. American Auto Industry Legend Lee Iacocca passes away

  • Legendary American automobile executive Lee Iacocca(94-years) has passed away.
  • Mr Iacocca is best known for the development of Ford Mustang and Pinto cars and saving Chrysler Corporation from bankruptcy.
  • Iacocca began his career in 1946 at the Ford Motor Company, first as an engineer and then in sales.
Source: Economic times

13. Veteran industrialist BK Birla passes away

  • Veteran industrialist Basant Kumar Birla, (98-years) passed away in Mumbai.
  • He was the Chairman of the BK Birla Institute of Engineering and Technology, Krishnarpan Charity Trust and about 25 other educational trusts and institutes.
  • BK built educational institutions ranging from schools and colleges to engineering and management institutes across the country.
Source: Business Line.

14. RBI appoints A K Misra as additional director in J&K Bank

  • The Reserve Bank of India has appointed A K Misra as an additional director on the board of Jammu and Kashmir Bank (J&K Bank).
  • He is a former executive director of RBI.
  • A K Misra shall hold the office for a period of two years up to July 2, 2021, or till further orders.
Source: Business Standard

15. Harideesh Kumar appointed as Director of Institute of Banking Personnel Selection

  • Karnataka based B Harideesh Kumar has been appointed as the Director of Institute of Banking Personnel Selection (IBPS) for a period of three years.
  • Earlier, he was the Executive Director of Canara Bank.
  • He is a Post-Graduate with a Degree in Law and started his banking career with erstwhile Vijaya Bank in the year 1978.
  • The Institute of Banking Personnel Selection (IBPS) is a recruitment body that was started with an aim to encourage the recruitment and placement of young graduates in public sector banks in India, other than the State Bank of India.
  • It also provides standardised systems for assessment and result processing services to organisations.

16. Arjen Robben announces retirement from football

  • Dutch winger Arjen Robben (35-years) has announced his retirement from football after a 10-year spell with German giants Bayern Munich.
  • He has played 96 international matches for the Netherlands, scoring 37 goals.
  • Robben, who joined Bayern in 2009 from Real Madrid, played 309 competitive games for the Bavarian powerhouse, contributing 144 goals and setting up 81 more.
Source: Fox sports

17. Hima Das wins Gold in women's 200 metres in Poznan Athletics Grand Prix

  • Indian sprinter Hima Das (19 years) has won the women's 200m gold in the Poznan Athletics Grand Prix, Poland.
  • National record holder shot putter Tajinder Pal Singh Toor bagged a bronze medal in the men's shot put with a best effort of 19.62 metre.
  • Hima Das is the world junior champion and national record holder in 400m clocked 23.65 seconds on her way to the 200m gold.
  • India’s V K Vismaya finished third with a personal best time of 23.75 seconds in the race.
  • Muhammed Anas was third in the men's 200-metre race with a timing of 20.75 seconds.
  • KS Jeevan won the men's 400-metre bronze in 47.25 seconds.
Source: AIR News

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