DAILY CURRENT AFFAIRS: AUGUST 6, 2018

Daily Current Affairs (August 6, 2018) like many other sections is inevitable and this also helps to score in the Banking awareness , Static GK and Financial Awareness sections. Remember, Banking Awareness and Static Awareness Questions are asked from the General Awareness section. This will also help you to ride your preparations for the forthcoming exams.

NATIONAL

5 crore free LPG connections under Pradhan Mantri Ujjwala Yojana

The Loksabha Speaker Sumitra Mahajan has handed over 5 croreth LPG connection under Pradhan Mantri Ujjwala Yojana (PMUY) in the Parliament House.

The Government launched Pradhan Mantri Ujjwala Yojana (PMUY) on 1st May, 2016 and it is implemented by Ministry of Petroleum and Natural Gas through its Oil Marketing Companies i.e., IOC, BPCL and HPCL through their network of distributors across the country.

PMUY aims at providing clean-cooking fuel to the poor households, which are otherwise vulnerable to various health hazards.

Initially, 5 crore BPL households were targeted for providing deposit free LPG connections to BPL households by 31st March,2019.

Government approves 122 research projects under ‘IMPRINT-2’ scheme

The Government has approved 122 new research projects of 112 crore rupees under its Impacting Research Innovation and Technology ‘IMPRINT-2’ scheme.

The initiative aims to advance research in energy, security, and healthcare domains in the high education institutions.

IMPRINT is the first of its kind government supported initiative to address the major science and engineering challenges that India must address and champion to enable, empower and embolden the nation for inclusive growth and self-reliance.

UP’s Mughalsarai Junction renamed as Deen Dayal Upadhyaya Junction

The Mughalsarai Junction of Uttar Pradesh will be formally renamed after RSS ideologue Deen Dayal Uphadyay.

The BJP president Amit Shah, Railway Minister Piyush Goyal and Uttar Pradesh Chief Minister Yogi Adityanath will attend theceremony.

They will also launch a “smart yard” project at the century-old station on the busy Delhi-Howrah route.

Telangana, Tech Mahindra ink MoU for India’s first Blockchain District

The Tech Mahindra and the Telangana government signed an agreement to establish the Blockchain district, a first-of-its-kind Centre of Excellence for Blockchain.

It will be a centre of excellence, an incubator and process development for the emerging technology with innovative infrastructure and facilities to foster the growth of Indian blockchain start-ups and companies.

Tech Mahindra as a founding member of the blockchain district will provide the platform and technology assistance to all the incubators in it.

Telangana

Capital: Hyderabad

Chief minister: Kalvakuntla Chandrashekar Rao

Governor: E. S. L. Narasimhan

Lok Sabha has passed National Sports University Bill, 2018

The Lok Sabha has passed a Bill establishing a National Sports University in Manipur as part of a vision to enhance country’s standing in sports.

The National Sports University Bill, 2018, which sought to replace an Ordinance promulgated on May 31, was passed by a voice vote.

The university would promote sports coaching and research at a cost of ₹524 crore.

The University research on physical education, strengthen sports training programmes, and collaborate internationally in the field of physical education.

INTERNATIONAL

Facebook has launched “Digital Literacy Library”

Facebook has announced the launch of a “Digital Literacy Library” to help young people build the skills they need to safely enjoy online technology.

It is a collection of lessons to help young people think critically and share thoughtfully online.

The interactive lessons and videos is developed in partnership with the Youth and Media team at the Berkman Klein Center for Internet and Society at Harvard University for educators of youth aged 11 to 18. It can be downloaded for free.

The lessons can be found on Facebook’s Safety Center as well as on Berkman Klein’s Digital Literacy Resource Platform.

Global Head of Safety at Facebook: Antigone Davis

India-Israel collaborate to strengthen sectors of agriculture, health & environment

India and Israel has collaborated with six innovative technologies in the fields of healthcare, agriculture and water management and interacted with various Indian businesses.

An innovation fund under which the two countries will contribute USD 4 million each annually for a period of five years will be given.

With a growth in diplomatic ties, India has emerged as one of the largest trading partners for Israel.

Israel

Capital: Jerusalem

Currency: Israeli new shekel

Japan overtakes China to become world’s second-largest stock market: Bloomberg

According to Bloomberg, Japan has pipped China as the world’s number two stock market.

The Chinese market was worth $6.09 trillion next to Japan’s $6.17 trillion.

Both markets are ranked after the US which is the world’s largest at just over $31 trillion.

China lost to Japan after Chinese stocks and currency fell this year amid a trade war with the US.

Japan

Capital: Tokyo

Currency: Japanese yen

BANKING AND ECONOMY

‘Umbrella Organisation’ to revive Urban Co-op Banking: RBI

India’s co-operative banking sector is set to undergo a transformation with the concept of Umbrella Organisation (UO) of Urban Co-operative Banks (UCBs). It would help to solve the issues that distress the sector.

The Reserve Bank of India (RBI) has allowed non-fund-based umbrella organisations at State levels, where respective State federations will head the team.

Gujarat is the first State in the country to have an UO for the UCB sector. The UO will benefit the UCBs not only on the financial front, but also make technology and new innovations accessible to them.

APPOINTMENTS

Three High Court Judges appointed for Supreme Court

Three high court judges were appointed to the Supreme Court, taking the total number of judges in the apex court to 25.

Uttarakhand High Court Chief Justice K.M. Joseph, Madras HC Chief Justice Indira Banerjee and Orissa HC Chief Justice Vineet Saran were appointed to the Supreme Court. Their warrants of appointment were signed by the President.

It is the highest court in India and Article 141 of the Constitution of India states that the law declared by Supreme Court is to be binding on all Courts within the territory of India.

45th Chief Justice of India: 45th Chief Justice of India

SPORTS

Women’s Hockey: Netherlands crowned world champions for record 8th time

In Women’s Hockey, the Netherlands have been crowned the world champions for a record eighth time.

The defending champions recorded a stunning 6-0 victory over Ireland in the summit clash at London.

Spain won the third place match by beating Australia 3-1 to claim their first ever World Cup medal. India finished the tournament at the 8th spot.

Badminton: P V Sindhu settles for Silver in World Championships’ women’s singles title

P V Sindhu won silver in the World Championships’ women’s singles title clash. She was defeated by Carolina Marin of Spain. Marin had also defeated Sindhu in the final of the Rio Olympics in 2016.

Marin became the first woman shuttler to win the world championships thrice. She had won the title in 2014 and the 2015 Jakarta edition.

Golf: Gaganjeet Bhullar grabbed his maiden European Tour title

In Golf, India’s Gaganjeet Bhullar has grabbed his maiden European Tour title at the Fiji International.

It was Bhullar’s first win on the European Tour, ninth Asian Tour title and 10th crown overall. He now becomes the most successful Indian player on Asian Tour, overtaking the tally of eight tour wins by Arjun Atwal and Jyoti Randhawa.

IMPORTANT DAYS

Hiroshima Day – August 6

Hiroshima Day commemorates 6 August 1945, the day when an atomic bomb was dropped on the Japanese city of Hiroshima, followed a few days later by another dropped on the city of Nagasaki.

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