Current Affairs 3rd August 2019 | Daily GK Update

Dear Aspirants,
Daily GK Updates being an integral part of the  General Awareness section that holds the ability to elevate your final score to a great extent. So, one should always aim for attempting all the questions with accuracy. With Adda247 read about the daily updates of the world which concerns aspirants preparing for the banking and insurance examinations. With these updates, you can find all the crucial events of the day assembled in a post so that the data becomes easily accessible. General Knowledge is never-ending so you will always be on your toes and grasp all you can on a regular basis. With the hope that this will prove beneficial for your exam preparations, here are the updates of  3rd August 2019  to make you aware of the happening in the world around you. 



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1. President Kovind inaugurates exhibitions on M. Gandhi and Khadi in Gambia

i. President Ram Nath Kovind inaugurated exhibitions on Mahatma Gandhi and Khadi at the “Ebunjan Theatre” in the Gambia to commemorate the 150th birth anniversary of the Mahatma Gandhi.

Static/Current Takeaways Important For SBI Clerk Main:
  • President of Gambia: Adama Barrow; Capital: Banjul.
2. India to conduct 1st National Time Release Study for efficient trade flow

i. The Department of Revenue, Ministry of Finance, as part of its strategic commitment to improving global trade, is conducting India’s first national Time Release Study (TRS). The exercise will be institutionalized on an annual basis.
ii. This initiative will help India maintain the upward trajectory on Ease of Doing Business, particularly on the Trading Across Borders indicator which measures the efficiency of the cross border trade ecosystem.
iii. The TRS is an internationally recognized tool advocated by the World Customs Organization to measure the efficiency and effectiveness of international trade flows.

Static/Current Takeaways Important For SBI Clerk Main 2019:
  • World Customs Organization Headquarter:  Brussels, Belgium.
  • World Customs Organization Established: 26 January 1952.
                                               State News

3. Maharashtra: 1st State to adopt Digital fingerprint and iris scanning system

i. Maharashtra became the first state to adopt a digital fingerprint and iris scanning system to aid police investigations.
ii. The Automated Multi-modal Biometric Identification System (AMBIS) adopted by the Maharashtra Police will soon be replicated across the country, with the state government working with the National Crime Records Bureau in New Delhi to create standards to be used by other state police forces.

Static/Current Takeaways Important For SBI Clerk Main 2019:
  • CM of Maharashtra: Devendra Fadnavis.
  • Governor of Maharashtra: CH Vidyasagar Rao.
  • Capital of Maharashtra: Mumbai.
4. Gujarat CM launches ‘Vhali Dikri Yojna’

i. Gujarat Chief Minister has launched the ‘Vhali Dikri Yojna’ from his home town Rajkot, Gujarat. The scheme for the welfare of the girl child.
ii. According to the scheme, the State Government will pay Rs. 4,000 to every girl child at the time of admission to Standard 4th, Rs. 6,000 at the time of taking admission to Standard IX, Rs. 1-lakh at the time of taking admission for higher education at the age of 18 and another Rs. 1-lakh at the time of marriage. It is a statewide cash incentive scheme for every girl child born in Gujarat.

Static/Current Takeaways Important For RRB NTPC/IBPS RRB Main 2019:
  • Gujarat Chief Minister: Vijay Rupani; Governor of Gujarat: Acharya Dev

5. SBI, Shanghai becomes first Indian bank to link up with CNAPS

i. The State Bank of India’s (SBI) Shanghai branch is now connected to China’s National Advance Payment System (CNAPS).
ii. SBI is the only Indian bank to have obtained the license to do business in local currency and also inducted to the CNAPS by the People’s Bank of China (PBOC). 
iii. SBI Shanghai can also offer the real-time transfer of local funds within China by routing them through the PBOC. 
iv. The CNAPS, launched in 2008 by People’s Bank of China (PBOC) provides real-time settlement services for all payments.

Static/Current Takeaways Important For RRB NTPC/IBPS RRB Main 2019:
  • Chairperson of SBI: Rajnish Kumar; Headquarter: Mumbai; Founded: 1 July 1955.
6. RBI allows Bank of China to offer regular banking services in India

i. The Reserve Bank of India (RBI)  allowed “Bank of China” to offer regular banking services in the country. 
ii. Banks falling under this schedule have to adhere to the norms of the RBI. ‘Bank of China Limited’ has been included in the 2nd Schedule to the Reserve Bank of India Act, 1934.

Static/Current Takeaways Important For SBI Clerk Main:
  • RBI 25th Governor: Shaktikant Das; Headquarters: Mumba.
  • Founded: 1 April 1935, Kolkata.
7. RBI fines PNB Rs 50 lakh

i. RBI has imposed a penalty of Rs 50 lakh on Punjab National Bank (PNB) for the delay in reporting of fraud observed from the fraud monitoring report-1 submitted by Punjab National Bank on July 10, 2018, in the account of Kingfisher Airlines Limited.

Static/Current Takeaways Important For SBI Clerk Main 2019:
  • Managing Director & Chief Executive Officer of PNB: Sunil Mehta.

8. Giriraj Prasad Gupta appointed as new CGA

i. Giriraj Prasad Gupta, Indian Civil Accounts Service (ICAS) officer, took over as the Controller General of Accounts (CGA). Gupta has served in various positions in Central Board of Direct Taxes (CBDT), ministry of rural development, and ministry of finance.
ii. Gupta also worked as the Director of National Institute of Financial Management (NIFM). Gupta succeeds Anthony Lianzuala as the new Controller General of Accounts (CGA) under the Finance Ministry.

Static/Current Takeaways Important For EPFO/LIC ADO Main 2019:
  • Union Minister of Finance and Corporate Affairs: Nirmala Sitharaman.

9. President Kovind honoured with the highest award of Republic of Guinea

i. President Ram Nath Kovind has been awarded the National Order of Merit by the President of Guinea for his exceptional contribution to the advancement of overall relations and development of mutual cooperation between India and Guinea and for promoting friendship and partnership between the people of both the countries.
Static/Current Takeaways Important For RRB NTPC/IBPS RRB Main 2019:
  • President of Guinea: Alpha Conde; Capital of Guinea: Conakry.
  • Currency of Guinea: Guinean franc.

10. Indian-origin doctor wins Miss England 2019

i. Bhasha Mukherjee, a 23-year-old Indian origin doctor was crowned Miss England 2019. Bhasha holds two different medical degrees, has an IQ of 146 and is fluent in 5 different languages. As a winner of Miss England, she will be entered into the Miss World contest 2019.

11. Lionel Messi suspended from Argentina for 3 months

i. Soccer body CONMEBOL suspended Lionel Messi from international matches for three months because of accusations of corruption he made at the latest Copa America.
ii. The South American body also fined the superstar in USD 50,000 for his comments after Argentina’s 2-1 win against Chile in the third-place playoff of the tournament.

12. World Breastfeeding Week Has Observe

i. The Food and Nutrition Board, Ministry of Women and Child Development, is organizing several activities on the theme “Empower Parents, Enable Breastfeeding” during the World Breastfeeding Week (WBW) being observed from 1st to 7th August 2019.
ii. World Breastfeeding Week, which is being observed till 7th of the month, aims to create awareness among parents about breastfeeding, the importance of initiation, exclusive breastfeeding, and adequate and appropriate complementary feeding.

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