Daily GK Update : 3rd July 2017

Sports

1. Germany wins maiden Confederations Cup title 2017

• The four-time World Cup winners, Germany won the 2017 FIFA Confederations Cup by defeating Chile 1–0 in the final to win their first title at St Petersburg, Russia.
• Germany defeated Chile by a solitary goal, Lars Stindl put Germany ahead in the first half against the run of play, and Germany then held on to the lead.

Note:

• The FIFA Confederations Cup is an international association football tournament for national teams, currently held every four years by FIFA.
• It is contested by the holders of each of the six (UEFA, CONMEBOL, CONCACAF, CAF, AFC, OFC) regional championships, along with the current FIFA World Cup holder and the host nation, to bring the number of teams up to eight.

2. Jeff Horn stuns Pacquiuao in WBO welterweight world title fight

• Jeff Horn has defeated legendary ‘Manny Pacquiao’ by a unanimous decision at Suncorp Stadium in Brisbane, Australia.
• Horn put up an incredible performance to claim Pacquiao's WBO welterweight championship.
• The three judges scored the closely-fought bout 117-111, 115-113, 115-113 in Horn's favour.

Banking & Finance

3. FINO becomes payments bank

• According to the Reserve Bank of India, ‘FINO Payments Bank’ has commenced operations as a payments bank with effect from 30th June 2017.
• FINO PayTech Ltd was one of the 11 applicants which were issued the in-principle approval for setting up a payments bank.
• Other applicants which have launched payment bank operations are ‘Airtel M Commerce Services’, ‘Department of Posts’ and ‘Paytm Payments Bank’.

Note:

• Fino Paytech was founded on 13th July 2006,headquartered at Mumbai.
• The payments bank will be registered as a public limited company under the Companies Act, 2013 and licensed under Section 22 of the Banking Regulation Act, 1949.

4. GST to boost GDP: positive for rating: Moody's

• According to the Moody's Investors Service, Implementation of the GST will be positive for India's rating as it will lead to higher GDP growth and increased tax revenues.
• GST is likely to contribute to productivity gains and higher GDP growth by improving the ease of doing business, unifying the national market and enhancing India's attractiveness as a foreign investment destination.
• Both will be positive for India's credit profile, which is constrained by a relatively low revenue base.

5. Govt. imposes 10% customs duty on imported mobile phones, parts

• The Union Govt. has imposed 10% basic customs duty on mobile phones and certain parts with immediate effect to boost domestic manufacturing.
• It will be levied on imported cellular mobile phones and accessories such as charger, battery, wire headset, microphone and receiver, keypad, USB cable and other specified electronic goods.
• Inputs and raw material to manufacture parts of specified electronics goods, including mobile phones will also continue to be exempt from basic customs duty.
• However, present exemption from basic customs duty on specified parts of mobiles will continue.

National Affairs

6. PM Modi to interact with 2015 batch IAS officers today

• Today, the Prime Minister Narendra Modi has addressed the Assistant Secretaries of IAS-2015 batch at the Inaugural Session of Assistant Secretaries in New Delhi
• This is the third batch of IAS Officers to commence their career with a stint in the central government.
• Earlier, all the 175 officers have been posted as Assistant Secretaries by the Government in 42 Ministries for three months from tomorrow to 29th September.
• During their three-month central deputation, they would be provided a holistic overview of the functioning of the Central Government.

7. Arunachal Pradesh launches e-Inner Line Permit program

• Chief Minister Pema Khandu has launched a web portal ‘arunachalilp.com’ to assist visitors to apply for and obtain the mandatory ILP, online from anywhere in the country.
• The e-Inner Line Permit (eILP) programme is a digital step for hassle-free entry of domestic visitors to the state.

Note:

• Inner Line Permit (ILP) is an official travel document issued by the Government of India (GoI) to allow inward travel of an Indian citizen into a protected area for a limited period.
• Currently, there are 3 states (Arunachal Pradesh, Mizoram, Nagaland) have a provision of Inner Line permit.

8. Foundation stone of country’s biggest Global Skill Park to be laid in Bhopal

• Today, The Union Minister of State for Skill Development and Entrepreneurship Rajeev Pratap Rudi and Madhya Pradesh Chief Minister Shivraj Singh Chouhan jointly laid the foundation stone of the country’s biggest Global Skill Park in Bhopal.
• The 37-acre land has been allotted in Narela Shankari area of Bhopal for the Global Skill Park.
• The park will be constructed at a cost of 645 crore rupees.
• Training will be imparted to 1000 students every year by trainers of international standard.
• The park will function on the spirit of ‘With Industry -For Industry’."

9. Delhi Traffic Police to relaunch mobile app over traffic offenses report

• Delhi Traffic Police will relaunch its mobile app 'Traffic Sentinel' in an improved avatar that will allow the general public to report traffic offenses occurring on city roads.
• The mobile application was launched under the Traffic Sentinel scheme in December 2015, that allowed users to report traffic violations by uploading photos and videos and earn reward points.
• The app, which is available free of cost on Google play store, is likely to be relaunched by this month-end.

10. Madhya Pradesh sets record with plantation of over six crore saplings in a day

• The Chief Minister ‘Shivraj Singh Chouhan’ has launched a massive plantation drive at Amarkantak of Anooppur district to save the environment and conservation of the Narmada river in Madhya Pradesh.
• Over six crore saplings were planted in twenty-four districts of Narmada basin in just 12 hours.
• Arrangements were made to record the whole event for the Guinness World Record.
• He also called upon people to plant saplings on the occasions like wedding, birthday, and anniversaries.

11. Maharashtra govt launched scheme to deposit salary into their bank accounts

• Maharashtra Chief Minister Devendra Fadnav has launched a scheme to deposit the salary of two lakh six thousand Anganwadi Sevika and assistants in the state directly into their bank accounts.
• The scheme which reduces the delay in disbursement of the salary of these employees.
• The money will be deposited through Public Financial Management System.
• Earlier the disbursement of salary used to delay due to the seven-stage money transfer system.

12. Haryana CM launches immunization campaign from Gurugram

• Haryana Chief Minister ‘Manohar Lal’ has launched the immunization campaign from Gurugram by administering polio drops to the children of age 0-5 years.
• The Campaign which is being carried out in 13 districts of the state.
• The 451 transit teams have been formed in each district of the state to achieve the target of covering all children in the slum areas and brick kilns.

 "Thought of the Day"

“Life is what happens to you while you’re busy making other plans.”

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