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July 02, 2018

2nd July 2018 Daily Current Affairs - PDF Download

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Dear Great Ambitionists, here are today's (2nd July 2018) Important Current Affairs updates. You can download the pdf version of these current affairs from below link. Happy Reading :)

Daily Current Affairs of 2nd July 2018

International Current Affairs
  • Today (2nd July) is World Sports Jounalists Day.
    • This day was established by the International Sports Press Association (AIPS) in 1994 to mark the 70th Anniversary of it's foundation. 
  • Nigeria overtook India as the Country with the largest number of extreme poor in early 2018, and the Democratic Republic of the Congo could soon take over the number 2 spot.
    • This is revealed by a study titled ‘The start of a new poverty narrative’, published by the US-based think tank, Brookings.
National Current Affairs
  • From the upcoming Monsoon Session, Lok Sabha MPs will be allowed to ask a maximum of five questions in the house per day.
    • The MPs were earlier permitted to ask 10 questions, due to which the number of notices for questions exceeded 230 per day.
Banking, Business & Economic Affairs
  • Interpol today issued a Red Corner Notice (RCN) against fugitive Indian diamantaire Nirav Modi.
    • This Red Corner Notice will enable Modi's arrest in any country for extradition to India. 
  • Jharkhand Chief Minister Raghubar Das today announced that the first 'Khadi mall' of India will be opened in the state soon. 
  • The growth rate of India's Foreign Direct Investment (FDI) inflows recorded a five-year low of 3% to $44.85 billion in 2017-18.
    • The sectors that received maximum foreign inflows include services ($6.7 billion), computer software and hardware ($6.15 billion), and telecommunications ($6.21 billion). 
    • Note : Mauritius emerged as the largest source of FDI in India with $15.94 billion in 2017-18.
  • The Income Tax Department has launched instant Aadhaar-based e-PAN allotment service for individuals seeking PAN (Permanent Account Number) service for the first time.
    • The e-PAN will be allotted on basis of one-time password (OTP) sent on mobile number linked to Aadhaar number of a person. 
    • This facility is free of cost and is available for a limited period on first-come, first-served basis for valid Aadhaar holders.  
    • The process can be done at the official portal of the department:
New Appointments
  • Andrés Manuel López Obrador has been elected as Mexico's new President with over 53% of the vote.
    • He will replace current Mexican President Enrique Peña Nieto on 1st December. 
  • Banking professional Arijit Basu has taken over as a new Managing Director of State Bank of India (SBI).
    • Basu will handle the areas of Commercial Credit and IT and also additional charge of Stressed Assets Resolution Group.
    • With his appointment, announced by the Centre last week, the SBI now has four MDs. They are :
      • B. Sriram
      • P.K. Gupta 
      • Dinesh Khara
      • Arijit Basu
  • For the first time in history, Mexico City has elected local politician and scientist Claudia Sheinbaum, as it's woman mayor. 
  • The Democratic National Committee (DNC) of United States has appointed Indian American Seema Nanda as its new CEO. 
    • With this, Seema Nanda has become the first Indian American to be appointed as operational head of a major American political party.
  • The United India Insurance Company appointed K B Vijay Srinivas as its Director and General Manager with effect from July 1.
Recent Committees in News
  • The Union Government has constituted 13-member Committee for Sub-National Accounts to upgrade the norms for computation of economic data at states and districts level in backdrop of plans to revise the base year for National Accounts or Gross Domestic Production (GDP) calculation.
    • The committee will review concepts, definitions, classifications, data conventions, data sources and data requirements for preparation of State Domestic Product (SDP) and District Domestic Product (DDP) and to lay down revised guidelines. 
    • It will also suggest measures for improving SDP and DDP in the country taking into consideration availability of data and requirements of Centre and States/UTs. 
    • Head of this Committee : Ravindra H Dholakia 
Sports Current Affairs
  • Former Team India captain Rahul Dravid has become the 5th Indian cricketer to be inducted into the ICC Hall of Fame.
    • The 45-year-old scored 24,208 runs in 509 international matches in his nearly 16-year-long playing career. 
    • As many as 87 cricketers are a part of ICC Hall of Fame.
    • Other 4 Indian Cricketers in ICC Hall of Fame are :
      • Anil Kumble
      • Sunil Gavaskar
      • Bishan Singh Bedi 
      • Kapil Dev 
  • The Indian men's hockey team lost to Australia in penalty shootout to end as runners-up in the last-ever Champions Trophy
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