Current Affairs & Daily GK Update: 29th July 2017

1. International Tiger Day being observed today: 29 July

  • The International Tiger Day (also known as Global Tiger Day) is celebrated every year on 29 July to raise awareness for tiger conservation.
  • The slogan for this year is ‘Fresh Ecology For Tigers Protection’.
  • According to WWF, only 3,890 tigers are left in the world, of them, India with more than 2500 tigers has the highest number.

2. Iran successfully launches a satellite-carrying rocket into space:

  • Iran successfully launched its most advanced satellite-carrying rocket called ‘Simorgh’ into space, which is capable of carrying a satellite weighing 250 kilograms (550 pounds).
  • The launch took place at the Imam Khomeini National Space Station in Semnan.
  • The development marks a significant step forward for the Islamic Republic’s young space program. It also raises alarm among the nation’s adversaries who fear that the same technology could be used to produce long-range missiles.

3. Former Union Minister Ashwani Kumar conferred with Japanese honour:

  • Former Union Minister Ashwani Kumar was conferred with the Japan’s imperial decoration ‘Order of the Rising Sun’ award for his contribution to fostering Japan-India ties.
  • Kumar had served as Special Envoy of the Prime Minister Manmohan Singh to Japan during the visit of the Emperor and Empress of Japan to India in December 2013, and contributed to the success of the visit.

4. Shahid Khaqan Abbasi declared as interim Pakistan Prime Minister:

  • Pakistan’s Minister of Petroleum and Natural Resources ‘Shahid Khaqan Abbasi’ has been declared as ‘interim Prime Minister’ of Pakistan.
  • The decision was made by former Prime Minister Nawaz Sharif during an informal consultative meeting of the party.
  • Earlier, Nawaz Sharif has resigned from Pakistan’s Prime Minister post after the Supreme Court of the country disqualified him in the Panama Papers case.
  • The Supreme Court (SC) also ordered the National Accountability Bureau (NAB) to file a reference in an accountability court in six weeks and the case must be completed within six months.

5. Subrata Bhattacharya felicitated by Mohun Bagan Ratna Award 2017:

  • Mohun Bagan has conferred Subrata Bhattacharya (former club captain and coach) with the prestigious Mohun Bagan Ratna Award 2017, while India Women’s cricket team veteran pacer Jhulan Goswami has been awarded a special award at the club’s annual day program in Kolkata.
  • Former club striker Balwant Singh, who has been signed by Mumbai City FC in the Indian Super League (ISL) draft, has been awarded the best football player of the year prize.
  • Debabrata Das was honoured with the Best Cricket Player of the Year award.

Other Awards:
Best Youth Football Player: Deep Saha
Special Award: Lili Das for Athletics
Lifetime Achievement Award: Shyam Sundar Mitra

6. NPCI receives a final nod from RBI to function as Bharat Bill Payment Central Unit:

  • National Payments Corporation of India (NPCI), the umbrella organization for all retail payment systems has received a final nod from the Reserve Bank of India to function as the Bharat Bill Payment Central Unit (BBPCU) and operate the Bharat Bill Payment System (BBPS).
  • On August 31, 2016, 8 BBPS operating units, which received in-principle approval from RBI, took part in the pilot. Almost after a year of running the pilot, streamlining the technology and business processes, NPCI has now received final clearance from RBI.

7. Axis Bank acquires FreeCharge for Rs 385 crore:

  • Axis Bank has acquired digital payment company FreeCharge from Snapdeal for Rs 385 crore on Thursday. It was an all cash transaction.

8. RBI sets up Supervisory Colleges for six Scheduled Commercial Banks:

  • Reserve Bank of India (RBI) has set up Supervisory Colleges for six Scheduled Commercial Banks which have a sizeable international presence: – State Bank of India, ICICI Bank Ltd., Bank of India, Bank of Baroda, Axis Bank Ltd. and Punjab National Bank.
  • The objectives of the colleges are to enhance information exchange and cooperation among supervisors, to improve understanding of the risk profile of the banking group and thereby facilitate more effective supervision of internationally active banks.

9. IOB goes live with Bharat Bill Payment system:

  • Public sector Indian Overseas Bank has offered Bharat Bill Payment System, introduced by the National Payments Corporation of India, for its customers.
  • BBPS is an integrated bill payment system that offers inter-operable online bill payments to customers.
  • The services include online payments of electricity, telecommunication, DTH, water and gas bills, the Chennai headquartered bank said in a statement.
  • Indian Overseas Bank is one of the three public sector banks (apart from Bank of Baroda and Union Bank of India) to get the approval from RBI for providing the service.


Current Affairs & Daily GK Update: 28th July 2017

Current Affairs Quiz: 29th July 2017


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