LEGEND MAGAZINE (JULY - 2018) Current Affairs and Quiz, English, Banking Awareness, Simplification Exclusively prepared for RACE students Issue : 14 | Page : 48 | Topic : Legend of July | Price : Not for Sale CURRENT AFFAIRS individual pending extradition) against jeweller NRL becomes first oil PSU to introduce NATIONAL Nirav Modi. online legal compliance: NITI Aayog signs SoI with Lupin Foundation ➢ The notice is put out to ask countries to help ➢ The Numaligarh Refinery Ltd (NRL) in for collaborating in Aspirational Districts: with tracking down and arresting a wanted Assam has become the first oil public sector ➢ The NITI Aayog has signed an agreement person, so that they can be extradited. It is the undertaking (PSU) to adopt an online legal with the Lupin Foundation to collaborate in the closest instrument to an international arrest compliance system by introducing government's ambitious aspirational districts warrant, according to the Interpol. 'Legatrix'. programme. ➢ The global notice, which empowers 192 ➢ 'Legatrix' is an onestop solution for ➢ It aims to quickly and effectively member-countries to provisionally arrest a effectively managing the organisations legal and transform some of the most underdeveloped suspect, will make it difficult for Nirav Modi regulatory compliances through monitoring districts of the country. to travel freely. control at different levels. ➢ The NITI Aayog and Lupin Foundation will ➢ It encompasses the requirements of laws like work in three states - Dholpur in Rajasthan, Income Tax Department launches ‘Instant’ labour, taxation, IT, commercial, export-import, Nandurbar in Maharashtra and Vidisha in PAN Card Service: corporate laws and other industry-specific laws. Madhya Pradesh. ➢ The Income Tax Department has launched ➢ This initiative augments the NRLs contribution ➢ They will collaborate to improve indicators in an ‘instant’ Aadhaar-based PAN allotment towards the Digital India Mission and induces education, health and nutrition, financial inclusion service for individuals seeking the unique greater transparency in its operation. and skill development, agriculture and water identity for the first time. resources, and basic infrastructure in the ➢ This facility is free of cost and instant KVIC Launches e-Marketing System: backward districts. allotment of e-PAN is available for a limited ➢ The Khadi and Village Industries India to host IUFoST 2018: period on a first-come, first-served basis for valid Commission (KVIC) has launched its first in- ➢ The International Union of Food Science Aadhaar holders. house single umbrella e-marketing system and Technology (IUFoST), the global voice of ➢ The facility was introduced because of the that can be accessed from anywhere in India for food science and technology in association with increasing number of people applying for the PAN. sale and purchase of its products. Indian National Science Academy (INSA) as The e-PAN facility is only for resident individuals ➢ The earlier software was a third-party adhering body, announced the 19th edition of its and not for Hindu Undivided Family, firms, trusts software, with its headquarters in Bengaluru, prestigious global event to be held in Navi and companies. on which the KVIC had no control in stock and Mumbai, India from October 23-27, 2018. accounts. ➢ The five-day event will bring together NITI Aayog to organise India’s first Global ➢ The in-house software will not only give a researchers, academicians, professionals, policy Mobility Summit: real-time data of sales, it will also give the makers and industry leaders from across the ➢ The Government think tank Niti Aayog will updated status of stocks of Bhawans and globe to showcase innovation, exchange hold on September 7-8 here the India's first godowns. breakthrough ideas and drive policy issues. 'Global Mobility Summit'. It will be inaugurated ➢ The focal theme for this edition of the by Prime Minister Narendra Modi. Delhi government launched ‘Happiness prestigious congress is 25 Billion Meals a Day ➢ The summit will help drive government's goal Curriculum’: by 2025 with Healthy, Nutritious, Safe and for vehicle electrification, renewable energy ➢ The Delhi Chief Minister Arvind Kejriwal Diverse Foods. integration and job growth and also speed up launched the “Happiness Curriculum” for India's transition to a clean energy economy. students of nursery to Class 8 in government NASA to Launch World's Lightest Satellite ➢ 'MOVE: Global Mobility Summit' will be schools. The curriculum was launched in the Designed By Chennai Student: organised in collaboration with various ministries presence of the Dalai Lama. ➢ Four students from department of aerospace and industry partners. ➢ According to the state government, the new engineering in Hindustan Institute of Technology ➢ The six themes of the summit are: Asset subject was designed and prepared by a team of and Science near Chennai have designed world’s utilisation and service, comprehensive 40 Delhi government teachers, educators and lightest satellite which weighs only 33.39 electrification, alternative energy, reinventing volunteers over a period of six months. grams which will be put into space in August from public transit, logistics and goods transport and ➢ Students across schools can expect a Colorado Space Centre in the US. data analytics and mobility. ‘happiness’ period of 45 minutes. Each class ➢ Jaihind-1S, the experimental satellite, could will begin with a five-minute meditation session. also be the cheapest satellite as it was built at the Election Commission launches 'cVigil' App: The happiness period will also include value meagre budget of Rs 15,000. The main aim of ➢ The Election Commission of India has education and mental exercises. the satellite is to check the working of nylon in launched a mobile app cVIGIL,which citizens can microgravity. use to confidentially report violation of election Government Approves for Hike in MSP For ➢ The students were selected through “Cubes code of conduct. The ECI hopes the app will Kharif Crops: in Space” competition conducted by Colorado ensure a free and fair conduct of 2019 Lok Sabha ➢ The Centre has raised the minimum support Space Grant Consortium, NASA and idoodle- polls. price (MSP) at which the government will buy learning in January. ➢ Chief election commissioner O P Rawat all Kharif crops for the 2018-19 season. The India gets red corner notice issued against made the announcement during the inaugural Cabinet Committee on Economic Affairs (CCEA), Nirav: session of national consultations on accessible at its meeting, approved the MSP of 14 Kharif ➢ The Interpol issued a Red Corner Notice (a elections, held at ECI headquarters in New (summer-sown) crops. request to locate and provisionally arrest an Delhi. ➢ The government has raised the MSP of the common rice variety by 13 percent. The Chennai | Puducherry | Madurai | Trichy | Salem | Coimbatore | 7601808080 / 9043303030 www.RACEInstitute.in Erode | Namakkal | Tanjore| Tirunelveli | Trivandrum | Ernakulam| Bengaluru | Chandigarh |Legend Magazine | July - 2018| 2 government had fixed last year’s rice purchase ➢ The Khan Prahari app can be used for 51 lakh houses approved under PMAY in 3- price for the common variety at Rs 1,550 reporting any activity taking place related to yrs: Govt ($22.63) per 100 kilogrammes. illegal coal mining like rat hole mining, ➢ Government said over 51 lakh houses have ➢ It also raised the support price for a superior pilferage etc. been approved under Pradhan Mantri Awas rice variety to Rs 1,770, up from Rs 1,590 last Yojana (Urban) in the three years of its year. The CBIC launches ‘GST Verify’ app: implementation. ➢ The Central Board of Indirect Taxes and ➢ Housing and Urban Affairs Ministry in a Customs (CBIC) has developed a mobile app statement said, out of 51 lakh sanctioned ISRO’s first ‘pad abort’ test successful: 'GST Verify' to protect interest of consumers. houses, over 28 lakhshouses are already in ➢ The first 'pad abort' test critical for a future ➢ It is an android app to verify if the person various stages of construction over 8 lakh human space mission was conducted collecting GST from the consumer is eligible to houses have already been completed. successfully. collect it or not. It also provides the details of the ➢ The Ministry said, this is a huge jump in ➢ The test was conducted at the Satish person/ company collecting GST. comparison to the erstwhile housing scheme Dhawan Space Centre, Sriharikota. ➢ This app is developed by B Raghu Kiran joint wherein only 12.4 lakhhouses were approved in ➢ The Crew Escape System is an emergency commissioner GST Hyderabad, can be used all around 9 years of its implementation. escape measure to quickly pull the crew module, across the country. the astronaut cabin — along with astronauts out CBIC Government to Launch Global Housing to a safe distance from the launch vehicle in the ➢ Chairperson: S. Ramesh Construction Technology Challenge Under event of a launch abort. PMAYU: ➢ ISRO Chairman: K.Sivan 1st Meeting of e-Commerce Task Force Held ➢ As part of the technology sub-mission in New Delhi: of Pradhan Mantri Awas Yojna- Urban NBWL added four species for Critically ➢ The Commerce Secretary Rita Teaotia (PMAY-U), the Ministry of Housing and Endangered Species: chaired the first meeting of the task force on e- Urban Affairs (MoHUA) plans on launching the ➢ The National Board for Wildlife (NBWL) commerce in New Delhi. Global Housing Construction Technology has given its nod to include four diverse