Daily One Liner Current Affairs Update – 1 August, 2017


Hello and welcome to exampundit. Here are the One Liner Current Affairs Update of 1 August, 2017.

Banking & Financial News on 1
August
  • The State Bank of India (SBI) and Samsung
    India
    on 1 August announced the availability of payment platform Samsung Pay for higher variants of SBI debit Card. This will allow SBI
    debit card holders to make payments using Samsung smartphones at Point of Sale
    (PoS) card machines at merchant outlets.
  • Airtel Payments Bank, on 1 August, said it has partnership with Hindustan Petroleum Corporation Limited
    (HPCL
    ), to give further boost to digital payments in the country and to add
    to customer convenience. All 14,000 HPCL fuel stations will act as banking
    points for Airtel Payments Bank, the company said.
  • With an aim to eliminate all
    subsidies by March 2018, the Union
    Government has ordered state-run oil companies to raise subsidised cooking gas,
    LPG (liquefied petroleum gas),
    prices by
    four rupees per cylinder every month.
  • The new bilateral Agreement on
    Trade, Commerce and Transit between India
    and Bhutan came into force on 29
    July 2017. It aims to strengthen the bilateral relations between India and
    Bhutan.

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India & States News on 1 August
  • The Union Ministry of Housing and
    Urban Affairs on 31 July 2017 released the Swachh
    Survekshan 2018’s anthem ‘Swachhata Ki
    Jyot Jagi
    Hai’ that states that
    the flame of sanitation has been lit. The anthem was launched to inspire the
    people to participate in the Swachhata Jan Andolan and connect themselves with
    the ‘Swachhata Survekshan-2018’.
  • The Supreme Court of India on 31
    July 2017 announced a ban on the use of five
    metals including lithium, mercury, arsenic, antimony and lead in firecrackers,
    deeming them as harmful for the environment
    .

Appointments on 1 August
  • Lt General Abhay
    Krishna
    , who owns extensive service experience of the Northeast India, was
    on 31 July 2017 appointed as the Chief of the Indian Army’s Eastern Command
  • Arvind Panagariya, Vice-Chairman of Niti Aayog announced his
    resignation from the post on 1 August 2017.

World News on 1 August
  • Switzerland is now home to the world’s longest suspension footbridge
    that was inaugurated on 29 July 2017
    . The Charles Kuonen Suspension Bridge
    has broken all the record with its length of 1621 feet and height of 279 feet
    that makes it the longest in the world. The bridge is named after Charles
    Kuonen, a psychologist and winery co-owner.
  • US President Donald Trump on 1 August 2017 awarded the Medal of Honour,
    first such award under his administration, to US army medic James McCloughan,
    who risked his own life to save wounded Americans during the Vietnam War.

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Sports News on 1 August
  • Los Angeles formally announced its bid for the 2028 Summer Olympics
    after agreeing on a deal with the Olympic organizers. This deal with Olympic
    organizers paves the way for Paris to host
    the Summer Olympics in 2024.

Obituaries on 1 August

  • Ustad Hussain
    Sayeeduddin Dagar
    , a classical vocalist and one of the leading exponents of
    Dhrupad tradition, passed away on 31 July 2017 following a brief illness in
    Pune. 

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Regards

Team ExamPundit