Current Affairs Update – 13 July, 2017

Hello and welcome to exampundit. Here are the Important Current Affairs of 13 July, 2017. These are very important for the upcoming IBPS PO, IBPS RRB, NABARD Grade A & Other Exams.

Banking & Financial News
SBI reduces NEFT, RTGS charges up to 75% effective from July 15

  • After lowering the Immediate
    Payment Service (IMPS) charges, the State Bank of India (SBI) on Thursday
    reduced charges for National Electronic Funds Transfer (NEFT) and Real Time
    Gross Settlement (RTGS) transactions upto 75 per cent effective July 15.
  • The reduced charges will be
    applicable on the transactions done through internet banking and mobile banking
    services offered by the bank, the bank said in an official statement here on
  • Additionally, bank has also
    waived charges for fund transfer of upto Rs 1,000 done through IMPS effective
    July 1, 2017.
  • “In sync with our strategy
    and complementing the focus of government of India to create a digital economy,
    we have taken one more step to promote use of internet banking and mobile
    banking for doing NEFT and RTGS transactions by reduction of the charges,”
    said Rajnish Kumar, Managing Director – NBG, SBI.
  • As on March 31, 2017, SBI had
    3.27 crore Internet Banking customers and nearly 2 crore mobile banking
    customers. Along with customer convenience, this initiative will attract more
    customers towards transacting digitally.
Railways Ministry launches RailCloud Project, NIVARAN-Grievance Portal
and CTSE Scheme

  • Railways Minister Suresh
    Prabhakar Prabhu on 12 July 2017 launched various initiatives namely RailCloud
    Project, NIVARAN-Grievance Portal and Cashless treatment Scheme in Emergency
    (CTSE) Scheme.
RailCloud Project

  • The Phase-I of the RailCloud was
    sanctioned with Rs 53.55 crore cost.
  • RailCloud is another step towards
    the Digitization of Railways with an aim of single digital platform for Indian
  • It is a strategic IT initiative
    for enterprise wide digital single platform with an aim to improve customer
    satisfaction, improve revenue and effective, efficient and safe operations.
  • It works on popular Cloud
    Computing system. Cloud Computing is the emerging technology for faster
    deployment of Server resources which result in reduced cost.
NIVARAN-Grievance Portal

  • NIVARAN-Grievance Portal is the
    first IT application to be launched on the RailCloud.
  • It is aimed for the resolution of
    service related grievances of serving and former railway employees.
  • The existing NIVARAN-Grievance
    application was hosted on a conventional server; it has now been made
    cloud-ready and is made as the first cloud application of Indian Railways.
Cashless treatment Scheme in Emergency (CTSE)

  • With an aim to provide immediate
    care to its retired employees in Golden Hour, the Railway Board has rolled out
    a Cashless treatment Scheme in Emergency (CTSE) in empanelled hospitals for
    retired employees and their dependent family members.
  • A web based system of
    communication between private hospitals and railway authorities has been
    developed wherein identity of the beneficiary will be established using
    biometrics stored in Aadhar (UIDAI) server.

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Google acquires Bengaluru-based startup Halli Labs

  • Google on 12 July 2017 acquired
    Bengaluru-based artificial intelligence startup Halli Labs for an undisclosed
  • Halli Labs was founded in 2017 by
    Pankaj Gupta with the goal of applying modern artificial intelligence and
    machine learning techniques to solve old problems.
  • Pankaj Gupta, an Indian Institute
    of Technology Delhi and Stanford University alumnus, has earlier served as
    Chief Technology Officer of online homestay aggregator Stayzilla and as senior
    data scientist at Twitter.
  • Halli Labs becomes the latest AI
    start up to be acquired by a technology giant after a mass of similar
    acquisitions by firms such as Microsoft, Facebook, Apple among others. Over 30
    artificial intelligence startups have been acquired in the first quarter of
    this year.
Meghalaya CM Mukul Sangma launches LIFE programme at Songsak

  • Meghalaya Chief Minister Dr Mukul
    Sangma on 12 July 2017 launched a flagship programme ‘Livelihood Intervention
    and Facilitation of Entrepreneurship’ (LIFE) at Songsak in East Garo Hills.
    Songsak is about 210kilometer west of the state capital, Shillong.
  • LIFE is a programme of the State
    Rural Livelihood Society (MSRLS), an agency of the Community and Rural
    Development Department of Government of Meghalaya, which is implementing the
    Centre’s flagship programme – National Rural Livelihoods Mission (NRLM). NRLM
    promotes livelihood through women Self Help Groups (SHGs) and their
  • At present, the NRLM is being
    currently implemented in 21 blocks of Meghalaya and so far, a total of 1472
    people in different blocks have been benefitted from the scheme.
  • The programme offers thrust on
    improving the livelihood of rural poor in a sustainable manner through the
    process of SHGs, Village organisation and Producers Groups.
News related to India and states
India to host 8th edition of Theatre Olympics

  • India will host the 8th edition
    of the greatest carnival of theatre in the world, Theatre Olympics, for the
    first time ever from 17 February to 8 April 2018 simultaneously in 15 cities
    across the country.
  • The announcement was made by
    Mahesh Sharma, Minister of State (Independent charge) for Culture and Tourism,
    on 12 July 2017.
  • The Theatre Olympics will be
    organised by the National School of Drama, under the aegis of the Union Ministry
    of Culture.
  • The inaugural ceremony of the
    Theatre Olympics will take place in New Delhi, in a gala function with
    performances by hundreds of artistes while the closing ceremony will take place
    in Mumbai.
  • The Theatre Olympics 2018 will be
    the 8th edition of the event and will feature maximum number of Indian and
    International theatre groups. 
NGT declares 100m area from edge of Ganga as No-development Zone

  • The National Green Tribunal (NGT)
    on 13 July 2017 passed a few directions to rejuvenate the Ganga river and
    declared 100 metres from the edge of the Ganga river between Haridwar and Unnao
    as “No-Development Zone”.
  • The directions were passed by a
    NGT bench headed by NGT chairperson Swatanter Kumar.
  • It declared ‘No-Development Zone’
    along an area of 100 metres from the edge of the river and directed that this
    zone must be turned into green belts.
  • The environment compensation of
    Rs 50000 will be imposed on anyone who dumps waste in the Ganga river.
  • It prohibited the dumping of
    waste within 500 metres from the river.
  • It directed all the concerned
    authorities to complete various projects including setting up of a sewage
    treatment plant and cleaning drains within two years.
  • It directed the Uttar Pradesh
    government to shift tanneries within six weeks from Jajmau in Kanpur to leather
    parks in Unnao or any other place it considers appropriate.
Justice Vikramajit Sen appointed as Chairperson of BCCC

  • Justice Vikramajit Sen was on 12
    July 2017 appointed as the Chairperson of the Broadcasting Content Complaints
    Council (BCCC). His appointment was approved by the Board of Directors of
    Indian Broadcasting Foundation (IBF).
  • Justice Sen succeeds Justice
    Mukul Mudgal, former Punjab and Haryana High Court Chief Justice, whose
    three-year term as BCCC Chairperson came to an end.
  • BCCC is an independent
    self-regulatory body constituted by IBF in June 2011 to examine content-related
    complaints related to all non-news general entertainment channels in India.
World News
In a first, India grants Rupees 3.2 crore aid to Philippines to fight

  • India in July 2017 granted USD
    500000 to the Philippines for the rehabilitation and relief efforts in war-torn
    Marawi City.
  • India announced the
    “immediate assistance” on 11 July 2017 on the Facebook account of its
    embassy in Manila.
  • It is the first time that India
    is sending financial aid to another country affected by terrorism.
  • As per the embassy, Sushma Swaraj
    offered the assistance to the Philippines during her conversation with Foreign
    Affairs Secretary Alan Peter Cayetano on 6 July 2017.
  • India’s assistance is a part of
    the Union Government’s Act East policy and comes at a time when the Philippines
    is getting ready to host India-Asean foreign ministers meeting in Manila in
    August 2017.
  • The Philippines is the only
    Southeast Asian nation where ISIS has established its presence.
China sends troops to open first overseas military base in Djibouti

  • Ships carrying personnel for
    China’s first overseas military base in Djibouti have set sail to begin setting
    up the facility.
  • On the other hand, Djibouti’s
    position on the northwestern edge of the Indian Ocean instilled worry in India
    as China builds on its military alliances with countries that encircle India,
    notably Bangladesh, Myanmar, and Sri Lanka.
  • Djibouti in the Horn of Africa
    will be China’s first overseas naval base, though Beijing officially describes
    it as a logistics facility. The dragon stated that the base will be used to
    resupply navy ships taking part in peacekeeping and humanitarian missions off
    the coasts of Yemen and Somalia, in particular.
  • However, China did not specify
    how many troops or ships it would be sending to Djibouti or when maneuvers
    would start.
Sports News
Mithali Raj shatters record; becomes first player to score 6000 runs in
women’s ODI cricket

  • India captain Mithali Raj
    scripted history on 12 July 2017 as she became the only female cricketer to
    surpass the 6000 run mark in One-Day Internationals (ODI).
  • Mithali overtook Charlotte
    Edwards (5992) after scoring her 34th run against Australia in Bristol. The
    34-year-old reached the landmark in her 183rd ODI, taking 164 innings – 16 less
    than Edwards.

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