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August 02, 2016

31st July 2016 - Important Current Affairs updates

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National Affairs
  • The government is going to organise a ‘Make in India’ conference in Bhubaneswar during the 1st week of December.
    • The conference would be organized by the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry.
    • Aim of this conference : To attract investment to Odisha as well as the country.
  • Odisha Chief Minister Naveen Patnaik today directed the district collectors to extend 'Madhu Babu Pension Yojana (MBPY)' to three lakh more beneficiaries from August 15. 
    • Important Points to Note : 
      • The Madhu Babu Pension Yojana (MBPY) has been introduced in the State of
        Odisha from 1st January 2008 by merging two pension schemes i.e Old Age Pension and Odisha Disability Pension schemes.
      • 47 lakh people have already been covered under this scheme.
      • The number of beneficiaries will increase to 50 lakh from August 15.
  • The Union Railway Ministry has flagged off the maiden broad gage train service dubbed as ‘Tripura Sundari Express’ from Agartala (Tripura) to Delhi
    • It was flagged off by Union Railway Minister Suresh Prabhu
    • Important Note : With this, the landlocked north eastern state of Tripura entered the broad gauge railway map of the country.
  • The Strategic Forces Command (SFC) which forms part of the National Command Authority (NCA) has been added to the Second Schedule of the Right to Information Act (RTI), 2005
    • In this regard, Union Government has issued a notification mentioning SFC has been brought under sub-section (2) of Section 24 of the RTI. 
    • Note : The Section 24 of the RTI exempts security and intelligence establishments from its purview.

Business & Economy
  • At least 15 banks, both from public and private sectors, are ready to roll out the Unified Payments Interface (UPI) starting July 31.
    • The UPI system is a kind of e-payment which can be authenticated using mobile phones.
    • The Reserve Bank of India (RBI) had formally launched the system in April this year.
    • Existing bank apps can be UPI-enabled or have UPI apps. 
    • Customers can have a single virtual identity for a bank account through which they can make and receive payments digitally.
  • Based on the suggestions by consultant McKinsey, the ICICI Bank has set up a team to improve monitoring of credit and provide early warning of loans going bad after a sharp rise in non-performing assets (NPAs) in the last fiscal year.
    • The group will be separate from existing loan-monitoring teams.
    • The bank listed five sectors - iron and steel, power, cement, mining and rigs-for special monitoring in the months ahead.

New Appointments
  • Justice Iqbal Ahmed Ansari has been sworn-in as the 39th Chief Justice of Patna High Court
  • Satish Mathur, a 1981-batch Indian Police Service (IPS) officer, has been appointed the new Director General of Police (DGP), Maharashtra.
  • Senior IRS officer Rani Singh Nair is set to be appointed as the new CBDT Chairperson.
    • She is going to replace Atulesh Jindal who is retiring today.

Books & Authors
  • The book titled "Harry Potter and the Cursed Child" was released today. 
    • This is the official script book for the play of the same name by J.K. Rowling, John Tiffany, and Jack Thorne.
    • This is the eighth story published in the Harry Potter book series.

Sports
  • The Patna Pirates have won the 4th edition of STAR Sports-ProKabaddi League by defeating Jaipur Pink Panthers. 
    • With this win Patna Pirates has become first team to defend its title which they won in the third season in March 2016.
  • Mercedes driver Lewis Hamilton from Great Britain has won the 2016 German Grand Prix title of Formula One.
  • Skydiver Luke Aikins (United States) created history by becoming the first person in the world to jump from 25,000 feet (mid-tropospheric altitude) without a parachute and landing safely in a net. 
  • India is going to host 2016 Kabaddi World Cup scheduled to be held in October 2016
    • In this edition of World Cup, 12 international teams are going to participate. 
    • They are US, India, UK, Australia, Canada, Poland, Iran, Pakistan, Bangladesh, South Korea, Japan and Kenya.
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