DAILY GK UPDATE – 27 – 28th July

Hepatitis Day being observed today
i. World Hepatitis Day is being observed today all over the
world to generate mass awareness about the deadly disease.

ii. The theme of this year’s World Hepatitis Day is ‘It’s closer than you think.’ With
about one million people worldwide dying due to hepatitis – and millions
suffering immediate sickness or developing chronic illness – the theme reflects
the lurking dangers of the disease.
iii. India has over 40 million Hepatitis B
infected patients, second only to China, and most people are infected with
chronic Hepatitis B or C.
iv. Most of the patients are not aware
of the infection which puts them at serious risk of developing fatal disease of
liver cancer. Every year, nearly 6 lakh patients die from Hepatitis B Viral
infection in India. 
v. Unfortunately the disease stands
completely ignored. Even in metro cities, doctors don’t give Hepatitis B
vaccination to children and parents because of low awareness never ask for it,
despite being able to afford it 
RBI, Monetary Authority of Hong Kong ink MoU for info exchange
i. The
Reserve Bank of India has inked a memorandum of understanding (MoU) with the
Monetary Authority of Hong Kong for exchange of supervisory information.
ii. The RBI signed a Memorandum of
Understanding (MoU) for supervisory cooperation and exchange of supervisory
information with the Monetary Authority, Hong Kong,” RBI said in a
iii. The MoU with Monetary Authority, Hong
Kong, was signed by Arthur Yuen, Deputy Chief Executive, Banking, the Monetary
Authority, Hong Kong and Harun R Khan, Deputy Governor, RBI.
iv. The signing ceremony was held at the
Monetary Authority office in Hong Kong.
v. RBI has been signing the MoU and
Letters for Supervisory Cooperation with supervisors of other countries to
promote greater co-operation, including sharing of information about the
supervised entities among the national authorities.
vi. With this, RBI has signed MoUs with 21
supervisors for supervisory co-operation.
RBI allows NBFCs to use e-KYC service to verify identity
i.  Non-Banking
Financial Companies (NBFCs) have been allowed to accept e-KYC service as a
valid process to verify identity and address proof of customers to reduce risk
of fraud and forgery.
ii. “In order to reduce the risk of
identity fraud, document forgery and have paperless KYC verification, UIDAI has
launched its e-KYC service.
iii. “Accordingly, it has been
decided to accept e-KYC service as a valid process for KYC verification under
Prevention of Money Laundering (PML) (Maintenance of Records),” the RBI
said in notification addressed to NBFCs Monday.
iv. The RBI said information containing
demographic details and photographs made available from UIDAI via e-KYC
platform may be treated as an officially valid document under PML Rules.
v. The apex bank further asked NBFCs to
have proper infrastructure in place to enable biometric authentication for
vi. However, the RBI made it clear that
physical Aadhaar card or letter issued by UIDAI containing details of name,
address and Aadhaar number received through post would continue to be accepted
as an officially valid document.
vii. Among other options, the RBI said
NBFCs may also accept e-Aadhaar by downloading it from UIDAI website if a
customer knows his Aadhaar number.
RBI cancels licenses of six
Delhi-based NBFCs
i. The Reserve Bank has cancelled the
licenses of six Delhi-based non banking financial companies following which
they would not be able to conduct business.
ii. “The Reserve Bank of India has
cancelled the certificate of registration of the following non-banking
financial companies (NBFCs):
1. GE Strategic Investments India,
2. Profound Exports,
3. Two Brothers Holding,
4. Swank Services Private Ltd,
5. Praxis Consulting and
6. Information Services and Credible
Microfinance Ltd,” RBI said in a notification.
iii. Following the cancellation of registration
certificate, these companies cannot transact the business of a non-banking
financial institution, it added. However, the RBI did not provide any reasons
for the cancellation of certificate of registration.
iv. The licenses of these companies were
cancelled on various dates in April, May and June 2014.
Rai wins Gold in 50m Pistol event in CWG; Gurpal Singh bags Silver
i. Shooting brings two early medals on 5th day of Glasgow
Commonwealth Games. In the 50m Pistol event, Jitu rai have secured Gold whereas
his compatriot Gurpal Singh won the

ii. Jitu Rai had entered the finals
by creating Games Record and he also created the games final record. In the
finals he shot 194.1 points for the medal. Gurpal Singh on the other hand
claimed silver with 187.2 points.
iii. In Latest medal tally India has risen
to fourth position overtaking Canada. India now has 7 Gold –10 Silver–and 7
PM launches portal to contribute in governance 
i. Prime
Minister of India, Narendra Modi launched a web platform –
MyGov.nic.in. The platform has been created to facilitate Citizen
Engagement in Good Governance.
ii. MyGov will enable
the citizens especially the youth to volunteer for specific tasks and projects
at grassroots level. It will allow the common people to reach the government
with ideas and suggestions.
iii. The platform – MyGov
will be implemented and managed by National Informatics Centre (NIC),
Department of Electronics and Information Technology (DeitY). 
7.    International conference on women entrepreneurship in
i. An international conference on women
entrepreneurship would be held here starting October 18.
ii. The three-day meeting, christened Women’s International
Summit on Entrepreneurship (WISE), was being organised to commemorate decennial
celebrations of the Confederation of Women Entrepreneurs (COWE), it’s president
P Soudhamini said here on Monday.
iii. About 1,500 women
entrepreneurs from many countries are expected to participate in the event. It
would also have an international trade show.
8.    Gujarat tops in power sector investments: Study
i. A recent study report prepared by
Assocham’s Economic Research Bureau has showed that Gujarat topped in new
investments attracted by the power sector during the period 2004-05 and
ii. The study titled: ‘State-wise analysis of power sector:
Consumption, demand & investment’ showed that during the period, Gujarat
attracted 17 per cent or Rs. 5.3 lakh crore worth of
investments out of the total new investments worth over Rs. 31.3
lakh crore by power sector (public and private sources) across India.
iii. During 2012-13, out of the total new investments worth
over Rs. 1,560
crore by the power industry in Gujarat, private sector accounted for 56 per
iv. The report also noted
that Gujarat has registered significant improvement in power situation, as the
percentage of non-starter projects has reduced from almost half as of 2004-05
to about 29 per cent as of 2012-13.
9.    Amitabh Bachchan named as Maharashtra’s horticulture
i. Amitabh
Bachchan, the Indian Megastar was appointed as the horticulture ambassador of
Maharashtra. With this appointment, he will start promoting the horticulture
sector in Maharashtra. 

ii. Maharashtra,
the western Indian state is India’s largest fruit producing state with around
two million hectares area covered in fruit orchards.
iii. The 71-year-old actor
is also the face of Gujarat tourism as well as the polio eradication campaign.

Australia approves Adani’s $15.5 bn
Carmichael coal project
i. The Australian government has
approved billionaire Gautam Adani promoted Adani Goup’s proposed $16.5 billion
(US $ 15.5 billion) Carmichael Coal Mine and Rail project subject to set of
environmental conditions. Minister of Environment, government of Australia,
Greg Hunt on Monday approved the project which is touted to be one of the
world’s biggest coal mines.
ii. The Rs 50,000-crore Adani Group through
its Australian subsidiary Adani Mining Pty Ltd in mid 2010 had proposed to
develop a 60 million tonne per annum (Mtpa) thermal coal mine in the north
Galilee Basin in Central Queensland.
iii. All coal will be railed via a
privately owned rail line and shipped through coal terminal facilities at the
Port of Abbot Point and/or the Port of Hay Point (Dudgeon Point expansion).
iv. The Carmichael Coal Mine spread over
area of approximately 44,700 hectares and 189 km rail project will have an
operating life of approximately 90 years.
CWG judo event: Rajwinder wins bronze in women’s +78kg
i. India’s Rajwinder Kaur bagged a bronze in women’s
+78kg judo competition to add to the three medals the country won in the sport
at the 20th Commonwealth Games on Saturday.
ii. Rajwinder defeated
Esther Akinyi Ratugi of Kenya in the bronze medal match on penalty points to
give cheers to the Indian camp.

iii. With
today’s bronze, the medal count for India from judo has risen to four, with
three — two silver and one bronze — having won on Thursday.

iv. The
Indian judokas has already created history by winning the highest number of
medals in any Commonwealth Games.
Italy’s Vincenzo Nibali wins 101st edition of Tour de France
i. Italian Vincenzo Nibali won the 101st edition of the Tour
de France in cycling as he finished the final stage on the Champs Elysees in
Paris safely in the peloton.
ii. Nibali is the sixth man to win all
three Grand Tours, the Tour de France, Giro d’Italia and Vuelta a Espana. 
iii. Nibali is the first Italian winner of
the race since Marco Pantani in 1998. Germany’s Marcel Kittel won yesterday’s
traditional final stage sprint finish.
13.  Bharti Airtel crosses 300 million customers milestone
i. India’s largest telecom firm Bharti Airtel on Monday
said it has crossed 300 million customers mark across its mobile, fixed line,
DSL and DTH services.
ii. Bharti Airtel, which began operations in 1995, reached
the 100 million customers mark in 2009 and crossed the 200 million mark in
iii. “The latest 100 million customers have joined the
Airtel family in less than two years. The company ranks as the fourth largest
mobile service provider globally and second largest globally outside of China,”
Airtel said in a statement.
iv. Bharti Airtel has operations in 20 countries across Asia
and Africa.
Note: i. Bharti Airtel is the largest telecom
company in India by customers as well as revenue and was the first in the
country to launch 4G services in 2012.
ii. In Africa, Bharti Airtel is the largest mobile operator
in the continent in terms of geographical footprint, which spans 17 countries
with over 70 million customers.