Current Affairs 1st August 2018: Daily GK Update

Dear Aspirants,

The General Awareness Section of Banking Exams covers numerous sections in it like Banking Awareness, Static GK, and Current Affairs. But the most important thing that you might have noticed is that both the Banking Awareness and Static Awareness questions asked in the General Awareness Section are based on Current Affairs only. The questions on Static and Banking Awareness are related to the countries, events or anything that has been in news for a while. Here is the Daily GK Update to get you acquainted with the top events that made the headlines today!!

Current Affairs 01st August 2018: Daily GK Update

National News

1. Health Ministry Signs MoU With Ministry of Electronics and Information Technology 

i. National Health Agency (NHA) under Ministry of Health and Family Welfare, the apex body for the implementation of Ayushman Bharat-National Health Protection Mission (AB-NHPM), and Common Service Centres (CSC) scheme under the Digital India Programme, have signed an MoU to provide information and eligibility validation services to beneficiaries, especially in remote areas. 
ii. J P Nadda, Minister of Health and Family Welfare and Ravi Shankar Prasad, Union Minister for Law and Justice & Information Technology presided over the MoU signing ceremony. 

Static/Current Takeaways Important for SBI PO/Clerk Exam 2018- 
  • Dr. Indu Bhushan is the CEO of National Health Agency (NHA).
  • Dr. Dinesh Tyagi is the CEO of Common Service Centres-Special Purpose Vehicles (CSC-SPV). 

2. E-Aksharayan, Desktop Software Launched By IT Ministry 

i. The IT ministry launched a desktop software e-Aksharayan in a conference for Indian Languages Technology Industry ‘Bhashantara’, in New Delhi. The objective is to enable editing and printing of text in scanned documents. 
ii. The software e-Aksharayan was launched in 7 Indian languages. They are namely: Hindi, Bangla, Malayalam, Gurmukhi, Tamil, Kannada & Assamese. 

Static/Current Takeaways Important for SBI PO/Clerk Exam 2018- 
  • Ravi Shankar Prasad is the present Minister of Electronics and Information Technology of India. 

3. BEML And HEC Sign Pact to Manufacture Mining Equipment 

i. Bharat Earth Movers Ltd (BEML) and Heavy Engineering Corporation (HEC) have signed pact for making mining equipment. The MoU will result into additional Rs 150-200 crore revenue for both PSUs. 
ii. It will reduce working capital and create capability for high capacity equipment. The mining products could be co-branded and will come under ‘Make in India’ initiative. 


International News

4. UN E-Government Index: India Ranks 96th, Denmark Tops 

i. India has jumped 22 places to 96th rank to break into the top 100 of the United Nation’s E-Government Development Index (EGDI) 2018. Denmark, with an index value of 0.9150, topped the 2018 E-Government Development Survey.
ii. The E-Government survey is released by the United Nations in every two years. The 2018 edition was titled as 'Gearing E-Government to Support Transformation towards sustainable and resilient societies'. India, which was ranked 118 in 2014, jumped 11 places to be ranked 96 in 2018.
Find The Complete List Here

Banking News


5. RBI Hikes Repo Rate By 25 bps to 6.5%, Raises Inflation Projection 

i. In 3rd Bi-monthly Policy Statement, the Reserve bank of India’s (RBI’s) monetary policy committee (MPC) raised policy rates by 25 basis points to 6.5% on account of inflationary pressures arising due to hike in minimum support price. 
ii. The committee has increased the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 6.5%. Consequently, the reverse repo rate under the LAF stands adjusted to 6.25%, and the marginal standing facility (MSF) rate and the Bank Rate to 6.75%. 
iii. RBI also raised the average inflation projection for the second half of the year to 4.8% from 4.7% in June. The central bank expects inflation to edge higher to 5% in the first quarter of next fiscal year. The government has fixed the MSP at 150% of the cost of production of all kharif crops. 

Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
  • Urjit Patel- 24th Governor of RBI, Headquarters- Mumbai, Established on- 1st April 1935, in Kolkata.
Awards

6. Gopalkrishna Gandhi to Get 24th Rajiv Gandhi National Sadbhavana Award 

i. Gopalkrishna Gandhi has been chosen for the 24th Rajiv Gandhi National Sadbhavana Award for his contribution in promoting communal harmony, peace and goodwill. Gopalkrishna Gandhi is a former governor of West Bengal. 
ii. He will be presented with this award at an event on 20th August 2018 at Jawahar Bhawan in Delhi. The award contains a citation and a cash prize of Rs 10 lakh. The award is presented on the birthday anniversary of former Indian Prime Minister Rajiv Gandhi. 


Sports News

7. Dustin Johnson Won 2018 RBC Canadian Open Golf Title 

i. Dustin Johnson won the 2018 RBC Canadian Open at the Glen Abbey Golf Club in Oakville in Canada. He is currently in world number one position. 
ii. Now he has become the first player after Tiger Woods (2005-09) with at least three wins in three consecutive seasons. Dustin Johnson was awarded $1,116,000 for the win. 

Static/Current Takeaways Important for SBI PO/Clerk Exam 2018- 
  • Canada Currency: Canadian dollar, Capital: Ottawa. 

8. Neeraj Chopra Wins Gold Medal at Savo Games in Finland 

i. Indian javelin thrower Neeraj Chopra won a gold medal in the Savo Games in Lapinlahti, Finland. Neeraj Chopra made a throw of 85.69 metres and won the gold medal. 
ii. Chao-Tsun Cheng of Chinese Taipei made a throw of 82.52m and won a silver medal. Chao-Tsun Cheng is the only Asian to have thrown the javelin to a distance more than 90m. 

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