Current Affairs Update 04 July 2018
Current Affairs is an important part for many exams. Be prepared for this section with ByScoop which brings all the important Current Affairs in one place. 04 July 2018.
Cabinet Approvals on July 04, 2018
The Union Cabinet chaired by Prime Minister Narendra Modi has given the following approvals:
- DNA Technology (Use and Application) Regulation Bill, 2018
- Umbrella Schemes for Relief and Rehabilitation of Migrants and Repatriates
- Renaming of Agartala Airport, Tripura as Maharaja Bir Bikram Manikya Kishore Airport, Agartala
- Extension of Scheme of Recapitalization of Regional Rural Banks upto 2019-20
- Creation of one post each of Vice-Chairperson and Member in the National Commission for Safai Karamcharis
- Renewal of MoU between the Institute of Chartered Accountants of India & Saudi Organisation for Certified Public Accountants
- MoU between India and United Kingdom on cooperation in the sphere of Law & Justice
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14th India Innovation Summit 2018 to be held in Bengaluru, Karnataka
- CII is organizing its annual flagship event Fourteenth India Innovation Summit 2018 on 12, 13 July, in Bengaluru, Karnataka.
- The theme of the Fourteenth India Innovation Summit is “India.AI – Driving the future for the world”.
Bengaluru to get India’s first government run e-waste plant
- The Centre has announced to set up first government run e-waste recycling unit in Bengaluru.
- The Chemicals and Fertilisers Ministry has taken up the project.
- The Central Institute of Plastics Engineering and Technology (CIPET), a research institute that comes under the ministry, will set up the unit in the next four months.
Behdienkhlam Festival Concludes In Meghalaya
The 4 day long Behdienkhlam Festival celebrated by the Pnar (Jaintia) tribal community concluded at Jowai in the Jaintia Hills region of Meghalaya with thousands of spectators from across the state and outside.
- It is the most important and colourful festival of the Jaintias and is celebrated mid-July every year after the sowing is over.
- “Khlam” means ‘Plague or Pestilence’ and “Beh Dien” means to drive away with sticks.
- The festival was also attended by the Union Minister of State for Development of North Eastern Region (DoNER) Dr Jitendra Singh.
Gujarat CM launches Purna project to make girls healthy
- Gujarat Chief Minister Vijay Rupani on Tuesday launched PURNA Project under the aegis of the State Women and Child Development Department to control malnutrition among girl child in the age group of 14 to 18.
- PURNA stands for Prevention of Under-Nutrition and Reduction of Nutritional Anaemia among Adolescents.
- The State Government has allocated Rs.270-cr for the project.
Coal Ministry Launches Coal Mine Surveillance & Management System (CMSMS) and ‘Khan Prahari’ App
The Union Ministry of Coal, has developed a web based GIS application called Coal Mining Surveillance & Management System (CMSMS) through which location of sites for unauthorised mining can be detected for reporting, monitoring and taking suitable action on unauthorised coal mining activities.
- The software has been developed in coordination with Central Mine Planning and Design Institute, Ranchi, Bhaskaracharya Institute for Space Application and Geo-informatics (BISAG), Gandhinagar and Ministry of Electronics & Information Technology (MeitY).
- The Ministry has also unveiled a Mobile Applications tool named Khan-Prahari for reporting any illegal activity related to coal mining provided by responsible citizens using the App by way of uploading geo-tagged photographs of the incident along with textual information directly to the system.
CCI Launches Do It Yourself (DIY) Guidance System for Merger & Acquisitions
The Competition Commission of India (CCI) has launched an online guidance system on merger & acquisitions rules in order to simplify compliance requirements regarding combinations.
- The guidance system has been named as ‘Do It Yourself (DIY): A notifiability check for mergers & acquisitions under the Competition Act, 2002″.
- The system will guide the stakeholders in determining whether a merger or acquisition (combinations) is notifiable to CCI in terms of the Competition Act
KVIC launches e-marketing system KIMIS
- The Khadi and Village Industries Commission (KVIC) launched its, in-housedeveloped,single-umbrella e-marketing system named Khadi Institution Management and Information System (KIMIS) in New Delhi.
- The system can be accessed from anywhere in the country for the sale and purchase of Khadi and Village Industries products.
- KVIC Chairman- Vinai Kumar Saxena.
ECI Launches EPIC with Braille for Maximum Participation of Visually Impaired
The Election Commission of India (ECI) has launched Electors Photo Identity Card (EPIC) with Braille on it to ensure participation of visually impaired persons in the electoral process.
- The innovative card was launched by Chief Election Commissioner O P Rawat at the last session of a National Consultation on Accessible Election organised by ECI in New Delhi.
Government identifies 121 minority concentration districts to ensure equitable credit under priority sector lending
- The Reserve Bank (RBI) has directed banks to ensure that minorities in 121 identified districts receive a fair and equitable portion of credit within the overall target of the priority sector lending (PSL).
- The government has forwarded a list of 121 minority concentration districts having at least 25 per cent minority population to the RBI.
- The following communities have been notified as minority communities by the Government of India, Ministry of Minority Affairs; (a) Sikhs (b) Muslims (c) Christians (d) Zoroastrians (e) Buddhists (f) Jains
Computation and Dissemination of Reference Rate now to be done by FBIL in place of RBI
- Presently, the Reserve Bank of India (RBI) compiles and publishes on a daily basis the Reference Rate for Spot USD/INR and exchange rate of other major currencies.
- From July 10, 2018 Financial Benchmarks India Private Limited (FBIL) will assume, i.e., take over from RBI, the responsibility of computation and dissemination of reference rate for USD/INR and exchange rate of other major currencies.
- As is being done currently, these rates would be published on every week-day (excluding Saturdays, Sundays and Bank Holidays in Mumbai).
RBI grants licence to Bank of China to set up branch in India
- The Reserve Bank of India (RBI) has issued licence to Bank of China to launch operations in India.
- Bank of China is one of the very few state-owned commercial banks in China.
Common Service Centres to work as banking correspondents of HDFC bank
- Common Service Centres (CSCs) have partnered with leading private sector bank HDFC to work as banking correspondents.
- CSCs, which work under the public private partnership (PPP) model, are one of the mission mode projects under the Digital India programme. As part of the agreement, village level entrepreneurs (VLEs) managing the CSCs will operate as banking correspondents of HDFC Bank. There are around 300,000 CSCs across the country.
- The HDFC banking correspondent (CSC) under this arrangement would also function as a business facilitator (BF). This will help and support the citizens, especially merchants, youth, entrepreneurs, farmers and women avail loan facility from the bank to support in their economic uplift.
Jose Eladio Alcain appointed as head of UNMOGIP
- UN Secretary-General Antonio Guterres has appointed Uruguay Army general Jose Eladio Alcain as the chief military observer of the UN Military Observer Group in India and Pakistan (UNMOGIP).
- UNMOGIP Headquarters: Islamabad (November to April) and Srinagar (May to October)
Sports Authority of India to be renamed Sports India
- The Sports Authority of India (SAI) is set to be renamed as Sports India. It was annoucned by Union Sports Minister Rajyavardhan Singh Rathore after the sports body’s governing body meeting.