Daily One Liner Current Affairs Update – 3 August, 2017


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

Banking & Financial News on 3
August
  • Kotak Mahindra Bank on 3 August announced the launch of Kotak Remit
    – an Aadhaar-based integrated outward forex remittance solution for both
    customers and non-customers. The 24×7 forex remittance service offers a
    completely paperless process that enables users to register online using
    Aadhaar and PAN numbers, and initiate remittances instantly, the bank said in a
    release. The bank has partnered with Earthport
    Plc, the leading network for
    cross-border payments, to transfer money seamlessly across the world.
  • Union Railway Minister Suresh Prabhu informed the Lok Sabha during
    Question Hour session
    on 2 August 2017 that the Mumbai-Ahmedabad high-speed rail project (MAHSR), has been
    sanctioned for implementation with the technical and financial assistance of
    the Japan government.


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News related to India & states
on 3 August
  • The Indian Army has developed a mobile application named Humraaz.
    The app will allow serving soldiers to track details like postings and
    promotions. Reports suggest that an army official has said that through the app
    ‘Humraaz’, soldiers can also view their monthly salary slips and the Form 16
    and also download them.
  • The Ministry of Women and Child
    Development on 2 August 2017 launched a contest for designing a logo for the ‘Women of India Festival’, which is
    scheduled to be held at Dilli Haat in New Delhi in October 2017. The
    festival is being organised and fully funded by the Ministry as a part of their
    major initiative of economic empowerment of women.
  • The Election Commission on 3
    August 2017 rejected the demands of the political parties to remove the None of the Above (NOTA) option in the
    upcoming Rajya Sabha polls in Gujarat.
  • The Archaeological Survey of
    India has declared all ASI protected Monuments and Archaeological Sites as ‘Polythene Free Zone’.
  • The Union Cabinet has cleared a
    proposal to extend proxy voting to
    overseas Indians by amending electoral laws
    . This was informed by a senior
    government functionary.

Appointments on 3 August
  • Hassan Rouhani was on 3 August
    2017 officially sworn in as the President of Iran for a second term.

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Regards

Team ExamPundit