Daily One Liner Current Affairs Update – 2 August, 2017



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

Banking News on 2 August
  • The Union Government on 1 August
    2017 launched a portal, e-RaKAM, to
    provide a platform to sell agricultural produce. The portal is a joint
    initiative by state-run-auctioneer MSTC and Central Warehousing Corporation arm
    CRWC.
  • The RBI has cut the repo rate by 25 bps to 6%. This was on expected lines as
    market consensus predicted a 25 bps cut. Reverse repo rate has also been cut by 0.25 per cent to 5.75 per cent.

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News related to India & states on 2 August
  • Prime Minister Narendra Modi on 1
    August 2017 announced a Rs 100 crore
    corpus to study and find a permanent solution to the flood problem in the
    North-Eastern states of India.
  • Maharashtra Government is planning to relocate tigers from Vidarbha
    region of the state to the sanctuaries elsewhere where their population is
    smaller, including Sahyadri Tiger
    Reserve (STR
    ). Sahyadri Tiger Reserve (STR) is located in Sahyadri ranges
    in the western Maharashtra, which has only seven tigers at present.
  • The Rajya Sabha on 1 August 2017
    passed the Right of Children to Free and Compulsory Education (Amendment) Bill,
    2017 that amends Right of Children to
    Free and Compulsory Education (RTE) Act, 2009
    . The Bill extends the
    deadline for teachers to acquire the prescribed minimum qualifications for
    appointment by 4 years.
  • Jharkhand Cabinet on 1
    August 2017 approved Religious Freedom
    Bill 2017
    . The bill named as
    Jharkhand Freedom of Religion Bill
    , 2017
    seeks to bring the stringent anti-conversion law in place under which forceful
    or allurement induced religious conversion will be a non-bailable criminal
    offence.
  • India and Somalia on 1 August
    2017 signed a bilateral agreement for the transfer of sentenced persons. The
    move is step forward in deepening humanitarian cooperation between the two
    nations.

Appointments on 2 August
  • Sanjaya Baru was on 1 August 2017 appointed as the Secretary
    General of the Federation of Indian Chambers of Commerce and Industry (FICCI)
    with effect from 1 September 2017.
  • The US senate on 1 August 2017
    confirmed the appointment of Christopher
    Wray as the Director of Federal Bureau of Investigation (FBI)
    . Wray was
    elected to the post by winning 92-5 votes of the Senate.
  • Shahid Khaqan Abbasi, the loyal supporter of Ex-Prime
    Minister of Pakistan Nawaz Sharif, replaced Nawaz as the Prime Minister of
    Pakistan. The lower house of parliament has elected him the new Prime Minister
    of Pakistan.

Obituaries on 2 August
  • Pushpa Mitra (PM) Bhargava, a veteran molecular biologist and a ardent critic of
    Genetically Modified crops, passed away on 1 August 2017 following a prolonged
    illness. He was 89. Bhargava was the Founder-Director of Hyderabad-based Centre
    for Cellular and Molecular Biology (CCMB).

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Regards

Team ExamPundit