Current Affairs 3rd July 2019 | Daily GK Update

Dear Aspirants,
The General Awareness Section plays an important role in scoring well above cut off marks in any competitive exam. The Banking Awareness and Static Awareness questions asked in the General Awareness Section are based on Current Affairs mainly. So you need to prepare well this section to score good marks. Here is the Daily GK Update to get you acquainted with the top events that made the headlines today!

Daily-GK-Update-3rd-July-2019


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International News
1. USA designates Baloch Liberation Army as terror group

i. The Department of State of USA has designated the Balochistan Liberation Army (BLA) and Hizballah operative Husain Ali Hazzima as Specially Designated Global Terrorists.
ii. The USA has also blamed the organizations for the attacks on Chinese assets amid an ongoing civil war like situation in Pakistan’s biggest province Balochistan.
2. U.S. Senate passes provision to give India NATO ally-like status




i. The U.S. Senate has passed a legislative provision National Defense Authorisation Act  for India
ii. The act will bring India at par with America’s NATO allies which will increase U.S.-India defence cooperation in the Indian Ocean in the areas of humanitarian assistance, counter terrorism, counter-piracy and maritime security. 
iii. The act has been passed for the fiscal year 2020.

Static/Current Takeaways Important For SBI PO/Clerk Mains:
  • President of USA: Donald Trump; Capital: Washington, D.C
Banking and Business News


3. RBI fines 4 Public Sector Banks for violating KYC norms

i. The Reserve Bank of India has imposed penalties on four state-run lenders for violating Know Your Customer norms and anti-money laundering standards.
ii. Punjab National Bank, Allahabad Bank, and UCO Bank were fined Rs 50 lakh each while Corporation Bank was fined Rs 25 lakh.
Static/Current Takeaways Important For ESIC:
  • RBI 25th Governor: Shaktikant Das, Headquarters: Mumbai, Founded: 1 April 1935, Kolkata.
4. Ola Electric gets $250m funding from SoftBank
i. Japanese company SoftBank has invested around $250 million in Ola Electric Mobility
ii. With this investment, Ola Electric has become the newest unicorn of India, joining the list of companies like Flipkart, Zomato and Paytm.

Static/Current Takeaways Important For EPFO/LIC ADO Mains:

  • CEO of Ola Electric: Bhavish Aggarwal.
  • CEO of Softbank Corp.: Ken Miyauchi, Chairman: Masayoshi Son.

State News


5. Campaign to eradicate AES and JES launched in UP

i. Chief Minister of Uttar Pradesh have launched the IInd phase of Communicable Disease Control and Dastak Abhiyan 2019
ii. The campaign is launched to eradicate deadly Acute Encephalitis Syndrome and Japanese Encephalitis disease.
iii. The state wide program was organized under the banner of Health department and UNICEF. iv. Chief Minister flagged off the vehicles of awareness campaign and also honored the Dastak Yoddhas by awarding certificates.
Static/Current Takeaways Important For EPFO/LIC ADO Mains:
  • Chief Minister of Uttar Pradesh: Yogi Adityanath; Governor: Ram Naik.

Defence 

6. Indo-French Joint Air Exercise Garuda-VI Begins

i. The Indian and French Air Force has started Garuda VI exercise at Mont de Marsan in France.
ii. The exercise is scheduled to take place from 1 July to July 12, 2019, in France.
iii. The Indian Air Force (IAF) contingent comprises of 120 air-warriors and four Sukhoi 30 MKI along with an IL-78 flight refuelling aircraft.
Static/Current Takeaways Important For RRB NTPC/IBPS RRB Mains:
  • Air Chief Marshal BS Dhanoa is the present Chief of the Air Staff of IAF.
Appointments
7. N S Vishwanathan gets extension by one year as RBI deputy governor

i. Reserve Bank of India Deputy Governor N S Vishwanathan has been given a one-year extension by the GoI. Presently he is heading the Department of Banking Regulation of the Reserve Bank of India.
Static/Current Takeaways Important For RRB NTPC/IBPS RRB Mains:
  • RBI 25th Governor: Shaktikant Das, Headquarters: Mumbai, Founded: 1 April 1935, Kolkata.
8. Manoj Kumar Nambiar elected chairman of MFIN

i. Microfinance Institutions Network has elected Manoj Kumar Nambiar as its chairman. 
ii. MFIN comprises 56 NBFC-MFIs and 40 associates including banks, small finance banks and NBFCs.



Static/Current Takeaways Important For ESIC:

  • Chief Executive Officer of MFIN: Harsh Shrivastava; Founded: December,2009.
Sports News  
9. Ambati Rayudu retires from international cricket

i. Indian batsman Ambati Rayudu has announced his retirement from international cricket. 
ii. He has played 55 ODIs for India, scoring 1694 runs at an average of 47.05 with three hundreds and 10 half-centuries.
10. India loses to Pakistan in the IBSF Snooker World Cup finals

i. The Indian team lost to Pakistan in the final of the IBSF Snooker World Cup in Doha. India lost the summit clash by 1-3. 
ii.  Pankaj Advani and Laxman Rawat represented the Indian team in the world cup.
Practice Current Affairs & Banking Quiz



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