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August 07, 2018

7th August 2018 Daily Current Affairs - PDF Download

Tuesday, August 07, 2018 , Leave a Comment

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Dear Great Ambitionists, here are today's (7th August 2018) Important Current Affairs updates. You can download the pdf version of these current affairs from below link. Happy Reading :)

Daily Current Affairs of 7th August 2018

International Current Affairs
  • The 51st ASEAN Foreign Ministers’ Meeting (AMM-51) was recently held at Singapore.
    • This meeting was chaired by Singapore Minister for Foreign Affairs Vivian Balakrishnan.
    • Among the issues discussed in the meeting included sustainable urban living, economic integration and hot button topics like the South China Sea, terrorism and violent extremism as well as developments in the Korean Peninsula.
    • Ministers concluded a single draft document which would form the basis for further negotiations for a code of conduct in the South China Sea.
    • ASEAN - Association of South East Asian Nations
  • Bangladesh's Cabinet today approved a new road safety law promising to consider death penalty for deliberately causing accidents. 
    • The maximum jail time for rash driving deaths has been raised to 5 years from three. 
  • Joint military exercise Maitree 2018 between Indian Army and Royal Thai Army is being held in Thailand from 6 to 19 August 2018.
    • Maitree 2018 was platoon level exercise that comprises of infantry component. 
    • The exercise will emphasize to hone the tactical and technical skills in joint counter insurgency and counter terrorist operations in rural and urban scenario under UN mandate. 
    • Exercise Maitree is an annual reciprocal training event. Last exercise was held in Himachal Pradesh's Bakloh in 2017.
National Current Affairs
  • Today (7th August) is 4th National Handloom Day.
    • 7th August was notified by the Government of India as National Handloom Day vide Gazette Notification dated 29th  July, 2015.
    • The main objective of this day is to generate awareness about the importance of handloom industry and its contribution to the socioeconomic development of the country.
    • Important Note : The date August 7 has been chosen due to its special significance in India’s freedom struggle; it was on this day in 1905 that the Swadeshi Movement was formally launched, at a massive meeting in the Calcutta Town hall. The movement involved revival of domestic products and production processes. 
    • Union Textiles Minister : Smt. Smriti Zubin Irani
  • The Lok Sabha and Rajya Sabha have cleared Criminal Law (Amendment) Bill, 2018, which proposes death penalty for the rape of girls below the age of 12 years. 
    • This bill will replace the ordinance that was passed in April following the outrage over the Kathua and Unnao rapes. 
    • The Bill amends Indian Penal Code (IPC), Criminal Procedure Code, Protection of Children from Sexual Offences (POCSO) Act and Indian Evidence Act. 
    • The bill also increases the minimum punishment for rape from 7 years to 10 years.
  • In an attempt to help students "befriend" the English language, the Haryana government has launched the 'I am not afraid of English' campaign in primary schools in the state. 
    • The students will be taught one English sentence a day as part of the campaign.
MOUs & Agreements
  • HDFC Life Insurance Company inked an agreement with Vijaya Bank to tap customers of the state-owned lender.
    • The tie-up between between the insurer and the lender will ensure a greater reach and penetration through 2,129 branches of the bank spread across the country.
    • All these branches will further strengthen HDFC Life's presence, thereby enabling the insurer to reach out to a wider and diverse section of the population with need-based life insurance solutions.
Banking, Business & Economic Affairs
  • Fino Payments Bank, one of India’s first payments banks, has been barred by the Reserve Bank of India (RBI) from adding new customers since the end of May.
    • The central bank in its auditing of payments banks in May found Fino Payments non-compliant with the operational guidelines laid down by it.
    • Note : According to RBI’s operating guidelines for payments banks, a customer can make deposits of up to ₹1 lakh per account in a year. Such banks cannot accept deposits beyond this limit.
  • French company IDEMIA, a global leader in augmented identity, has become the first company to be given the certification to manufacture and personalise RuPay chip contact and contactless cards on the qSPARC v2 platform.
    • The certification is issued by the National Payments Corporation of India, after testing all payment scenarios, and thus ensuring that the cards manufactured by IDEMIA will work seamlessly at all payment acceptance devices.
    • With this, cardholders can usea single card for multiple payment options such as for the Metro, bus, parking, toll, loyalty, and at retail outlets.
Science & Technology
  • Google today announced 'Pie' as the name for the latest version of the Android operating system, succeeding Android Oreo.
    • This operating system prioritises battery for most used apps, has adaptive brightness and lets users ditch traditional three-button navigation for gestures. 
    • It also has an 'App Timer' that lets users set time limits on apps and greys out the icon when the time is up. 
  • Elon Musk-led space startup SpaceX is going to launch its biggest batch of more than 70 satellites into orbit aboard its Falcon 9 rocket later this year.
    • Dubbed the SSO-A mission, the payload includes 15 larger microsatellites and 56 smaller standardised satellites known as CubeSats. 
    • Note : Up to 18 different countries have payloads on the flight, including the US, Australia, Thailand, and Poland.
  • China has launched a new generation supercomputer prototype Sunway that can execute a quintillion (a thousand raised to the power of six) calculations per second.
    • It was developed by the National Research Center of Parallel Computer, National Supercomputing Centre, and the Pilot National Laboratory for Marine Science and Technology.
Deaths
  • Senior Congress leader and long-time aide of former Prime Minister Indira Gandhi, RK Dhawan (81) passed away. 
New Appointments
  • The oath-taking ceremony for the 3 newly-elevated Supreme Court judges Indira Banerjee, Vineet Saran and KM Joseph took place today.  
    • Chief Justice of India Deepak Misra administered oath of office to new judges.
  • Food and beverage giant PepsiCo has named Ramon Laguarta to succeed Indra Nooyi as Chief Executive Officer (CEO), when she steps down on October 3.
  • 1981-batch officer of Indian Railway Service of Engineers (IRSE),  Anurag Sachan was today appointed as Managing Director (MD) of Dedicated Freight Corridor Corporation of India Ltd. (DFCCIL).
Sports Current Affairs
  • For the first time in the event's history, Facial recognition software is set to be used at the 2020 Tokyo Olympic and Paralympic Games. 
    • The system, provided by Japanese company NEC, will be used to identify over 300,000 people including athletes, volunteers, and media. 
  • Netherlands has been crowned the world champions for a record eighth time in 14th edition of Women's Hockey World Cup 2018 by defeating Ireland.

 
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