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Legend Magazine (July - 2017) Current Affairs and Quiz, Static GK, Computer, Spotting Errors, Simplification, Banking Awareness

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Legend Magazine (July - 2017) Current Affairs and Quiz, Static GK, Computer, Spotting Errors, Simplification, Banking Awareness Issue : 2 | Page : 96 | Topic : Legend of July | Price : Not for Sale Current Affairs: even those by private agencies, shift to NATIONAL government or municipal premises from Delhi High Court asks SpiceJet to deposit Rs PM Modi to address CA day celebrations of external sites by September. The move will 579 crore: ICAI: have a bearing on 25,000 active enrolment The Delhi High Court directed the Prime Minister Narendra Modi will centres across India and ensure that they come budget airline to pay Rs 250 crore as a cash attend 68th Chartered Accountants Day under direct supervision of the authorities. deposit on or before August 31. A division function and GST event in New Delhi. The bench headed by justice S Ravindra Bhat national professional accounting body of India, GST Council cuts GST rate on fertilizers from also directed the carrier to furnish a bank Institute of Chartered Accountants of India - 12% to 5%: guarantee of Rs 329 crore with the court towards ICAI celebrates its Foundation Day as the The GST Council reduced the GST rate satisfaction of the disputed amount. “Chartered Accountant‟s Day” on 1st July on fertilizers from 12% to 5%, while that on every year. Haryana Chief Minister Manohar Lal tractor parts was reduced from 28% to 18%. Malabar war games to begin from July 10: Khattar has said the implementation of Goods Union Minister of chemical fertilizers Shri Even as the stand-off between the and Services Tax (GST) will create 10 lakh Ananth Kumar said that farmers would benefit armies of India and China continues in jobs in the country. to the tune of Rs. 1261 crores under GST Sikkim, the Indian Navy will join Japan and It was established on 1949 as a body regime. U.S. counterparts in the annual Malabar war corporate under the Chartered Accountants games in the Indian Ocean from July 10 with Act, 1949 enacted by the Parliament to regulate Indian team wins global aerospace contest a strong focus on Anti-Submarine Warfare the profession of Chartered Accountancy in India. in US: (ASW) amid increasing forays by Chinese ICAI is the second largest professional A team of students from Dehradun‟s submarines into the region. Accounting and Finance body in the world in University of Petroleum and Energy Studies India‘s only aircraft carrier INS terms of membership. (UPES) recently won an international Vikramaditya will join the 10-day Malabar aerospace contest of 40 teams held in the exercises for the first time and the U.S. is IIT Kharagpur in bid to encourage more United States with their solar-powered glider that fielding its USS Nimitz aircraft carrier while girls to join institute: collected real-time atmospheric data. Japan is bringing its largest helicopter carrier JS The Indian Institute of Technology, Izumo. Kharagpur, has started a special helpline for IGNOU announces complete fee waiver to girl students to increase their enrolment. It transgender students: Environment Minister launches plantation has also opened a website (jeewomen. The Indira Gandhi National Open drive to mark Van Mahotsav: iitkgp.ac.in/) for the purpose. A Facebook University (IGNOU) announced exemption of Environment Minister Dr Harsh group „JEE Women Counselling 2017‟ has fees for its transgender students of all Vardhan launched a month-long plantation drive been created to help girls clear their doubts programmes. to mark Van Mahotsav. Van Mahotsav is usually related to admission to the IITs. Vice Chancellor (VC) Ravindra Kumar observed in the first week of July every year announced the initiative during the 22nd Prof G and is celebrated on different days in different Railways, NBCC to redevelop 10 railway Ram Reddy Lecture event held in the parts of India. The objective behind celebrating stations: university. the Mahotsav is to keep local people involved in Rail Land Development Authority plantation drives and spread environmental joined hands with National Building Special Webpage on Goods and Services Tax awareness. Construction Corporation for redevelopment of (GST) on PIB Website: 10 railway stations across the country on A special webpage on the Goods and India‟s tallest ATC tower to be operational global standards. The Railways has embarked Services Tax (GST) on PIB Website was at Delhi airport by December: on an ambitious project to redevelop 403 stations launched by Principal Director General, Press The new 101.9-metre air traffic with the participation of private players, public Information Bureau, Shri A P Frank Noronha. control (ATC) tower at the Delhi airport touted sector and foreign agencies. The webpage can be accessed on to be the country tallest is likely to start The identified stations to be taken up http://pib.nic.in/gst. operations by December. The airport operator initially by NBCC for redevelopment are Tirupati, has handed over the tower to the Airports Sarai Rohilla (Delhi), Nellore, Puducherry, Sushma Swaraj to address 9th edition of Authority of India (AAI). Madgaon, Lucknow, Gomtinagar, Kota, Delhi Dialogue: Thane (New), and Ernakulam. External Affairs Minister Sushma President of India inaugurates restored Swaraj will address 9th edition of Delhi heritage buildings in the President‟s Estate: I-T dept notifies form for linking Aadhaar- Dialogue in New Delhi. The theme of the two The President of India, Shri Pranab PAN manual: day dialogue is "ASEAN-India Relations: Mukherjee inaugurated restored heritage The Income Tax Department has Charting the Course for the Next 25 Years". buildings in Schedule „A‟ of the President‟s introduced a one-page form for taxpayers to Estate. This brings to a conclusion a task manually apply for linking their Aadhaar Finance ministry removes additional excise taken up in this Presidency to restore all with Permanent Account Number (PAN), duty on tobacco, cigarettes: important heritage structures in the precincts of apart from the available online and SMS facilities. The Finance ministry has removed Rashtrapati Bhavan. The Rashtrapati Bhavan An individual will have to mention both additional excise duty on tobacco, pan was declared a Grade „A‟ heritage building by PAN and Aadhaar numbers and have to masala and cigarettes with effect from July 1, NDMC (New Delhi Municipal Council) in 2009. undertake a declaration stating they have not following the GST implementation. been allotted any other PAN than the one The revenue department also PM Narendra Modi adopts wrestler‟s village mentioned on the form. repealed its earlier central excise notification, Kakrahia: which deals with excise duty rate on Prime Minister Narendra Modi will Aadhaar centres only at govt. premises from unmanufactured tobacco and chewing tobacco. adopt Kakrahia, a village known for its September: The other items are petroleum crude, diesel, wrestlers and wrestling arenas under the Aadhaar-issuing authority UIDAI has petrol, natural gas and ATF (Aviation Turbine Sansad Adarsh Gram Yojana. asked States to ensure that all enrolments, Fuel). Chennai | Bengaluru | Chandigarh | Trivandrum | Puducherry 7601808080 / 9043303030 www.RACEInstitute.in Madurai | Trichy | Salem | Coimbatore | Erode | Namakkal | Tanjore |Legend Magazine | July- 2017| 2 This will be the third village to be Garib Nawaz Skill Development Centres to Earth Sciences, Environment, Forests and adopted by the Prime Minister in his Lok Sabha set up in 100 districts of the country: Climate Change and Shri Prakash Javadekar, constituency of Varanasi. In the previous two The Minister of State for Minority Affairs Minister of Human Resource Development. years, Modi adopted Jayapur and Nagpur as his (Independent Charge) & Parliamentary Affairs, first and second villages. Shri Mukhtar Abbas Naqvi announced that Kailash Satyarthi launches new campaign Garib Nawaz Skill Development Centres will against child sexual abuse: UDAY covers 97% of discom debt: be established in 100 districts of the country Faith leaders of different communities The 26 states and 1 UT which have which will effectively ensure employment will join forces with Nobel laureate Kailash joined the UDAY scheme account for total oriented skill development of youth belonging to Satyarthi in a year-long campaign against child outstanding debt of Rs 3.82 lakh crore. Hence, Minority communities. sexual abuse and trafficking. A series of about 97% of the total outstanding debt of The Minority Affairs Minister also events will be held as part of the ‗Surakshit all State discoms has been covered under UDAY felicitated candidates, belonging to Minority Bachpan Surakshit Bharat‟ (Safe Childhood- (Ujwal DISCOM Assurance Yojana). So far, communities, selected in the prestigious civil Safe India) campaign across the country from 86% of the restructurable debt has been services examination who got financial August, said by an official of the Kailash revamped under the scheme. assistance under “Nai Udaan” scheme. Satyarthi Children‟s Foundation (KSCF). India has become the 11th country to join India declares itself free from Bird Flu: President Mukherjee to launch 4 digital the Customs and Border Protection (CBP) India has declared itself free from Bird initiatives over e-education: initiative in US: Flu (highly pathogenic Avian Influenza - H5N1 President Pranab Mukherjee will The United States of America has and H5N8) and notified it to the World launch digital initiatives Swayam, Swayam started rolling out for Indian citizens its Global Organisation for Animal Health. 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