PDF 28th August 2017
1. US Imposes Financial Sanctions on Venezuela
The US slapped “strong” financial sanctions on the dictatorship in Venezuela, barring banks from any new deals with the government. US President Donald Trump has signed an executive order imposing “strong, new financial sanctions” on Venezuela.
• The president’s new action prohibits dealings in new debt and equity issued by the government of Venezuela and its state oil company. • It also prohibits dealings in certain existing bonds owned by the Venezuelan public sector, as well as dividend payments to the government of Venezuela,” White House Press Secretary Sarah Sanders said in a statement after Trump signed the executive order.
Points to remember about Venezuela
President : Nicolás Maduro
Capital: Caracas
Currency: Venezuelan bolívar
2. Arun Jaitley: Jan Dhan Yojana and the 1 Billion-1 Billion-1 Billion “JAM” Revolution it is Unleashing
“Three years ago today, Prime Minister Narendra Modi announced a flagship program: Pradhan Mantri Jan Dhan Yojana (PMJDY) aimed at providing financial services to the poor. These included opening bank accounts for the poor, giving them electronic means of payment (via RUPAY cards), and placing them in a position to avail themselves of credit and insurance.
• JAM, a term coined, and a vision conceptualized, by our Chief Economic Adviser, is nothing short of a social revolution because it has brought together financial inclusion (PMJDY), biometric identification (Aadhaar) and mobile telecommunications. • Just as GST created one tax, one market, one India, the PMJDY and the JAM revolution can link all Indians into one common financial, economic, and digital space. No Indian will be outside the mainstream.
3. Supertech Gets Green nod for Rs1,130 crore Sports Village Project in Greater Noida
Realty firm Supertech has received green nod for developing a sports-centric housing project in Greater Noida that would entail an investment of Rs1,130 crore. The proposed residential project ‘Sports Village’ will be launched during Diwali this year and will be completed in four years.
• The 62-acre project will be developed in Sector 27 of Greater Noida (west), known as Noida Extension.
• Besides golf, Arora of Supertech said that the project will have academies for other sports like badminton and shooting. In 2015, the company had tied up with sports personalities such as Sania Mirza, Shikhar Dhawan, Jyoti Randhawa, Pullela Gopichand and Gagan Narang for setting up training facilities in its projects.
4. NPCI Approves Spice Digital's Operation Under Bharat Bill Payment System
The National Payments Corporation of India (NPCI) has given a nod to Spice Digital Ltd. for processing bill payments under the Bharat Bill Payment System (BBPS) as a Bharat Bill Payment Operating Unit (BBPOU).
• The BBPS through its centralised bill payment system will allow the users to use a single website or outlet to pay all their monthly or repetitive bills such as mobile phone and electricity. • Spice Digital forayed into FinTech space three years ago. Today, SDL's Spice Money is India's leading India stack based FinTech Company.
5. Justice Dipak Misra is new CJI
Justice Dipak Misra, who was part of the bench that confirmed the death sentence of the four convicts in the December 16 gangrape case and passed the order for mandatory singing of the national anthem in cinema halls, was sworn in as the 45th Chief Justice of India.
• At a brief ceremony in the Darbar Hall of Rashtrapati Bhawan, President Ramnath Kovind administered the oath of office to Misra. • Justice Misra will remain in office till October 2, 2018.
6. Tata Sons Hires Roopa Purushothaman as Chief Economist
Tata Sons announced the appointment of Roopa Purushothaman as its chief economist and head of Policy Advocacy.
• Purushothaman, who will join Tata Sons with effect from September 1, comes from Everstone Capital, where she was leading the research function.
7. Nitasha Biswas, The Winner of Miss Transqueen India 2017
Nitasha, a trans woman who hails from Kolkata, was named the first Miss Transqueen India in Gurgaon on Sunday.
• Nitasha, 26, is currently pursuing Masters in Business Management in Kolkata. • Loiloi from Manipur bagged the first runner-up position and Ragasya from Chennai was crowned the second runner-up.
8. Sindhu Loses Epic Final, Settles for Silver at World Ch'ship
PV Sindhu's gallant effort to become India's first ever World Champion ended in a heart- wrenching defeat against Japan's Nozomi Okuhara in an epic final, here today.
In the longest match of the tournament, which tested the physical and mental strength of both the players, Sindhu lost 19-21 22-20 20-22 after battling hard for one hour and 49 minutes.
• For India, it still is a historic edition since for the first time country's shuttler are returning with two medals. • Saina Nehwal won a bronze yesterday after losing her semifinal. • India had one silver and four bronze in the World Championships before this edition.
9. Lionel Messi Becomes The First Player to Score 350 La Liga Goals
Barcelona and Argentina star Lionel Messi became the first player to pass 350 goals in La Liga with a double for Barcelona in the 2-0 win against Alaves.
• Messi has scored 274 goals of those goals with his left foot and 63 with his right
Daily current affairs Quiz – http://currentaffairs.wifistudy.com/ GK Quiz – http://gk.wifistudy.com/ English Quiz – http://english.wifistudy.com/ Aptitude Quiz – http://aptitude.wifistudy.com/ Reasoning Quiz – http://reasoning.wifistudy.com/ Computer Quiz – http://computer.wifistudy.com/ Banking Quiz – http://bankingawareness.wifistudy.com/ Marketing Quiz – http://marketing.wifistudy.com/