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Wednesday, July 19, 2017

Current Affairs July 19, 2017

1. Nelson Mandela International Day – 18 July
Nelson Mandela International Day (or Mandela Day) is celebrated every year on 18th July to honour the former Nobel Prize winner.
•    The United Nations officially declared this day in November 2009. Mandela was former President of South Africa.

 
2. Kolkata to host global business meet in Nov
The Indian Chamber of Commerce (ICC), in association with the West Bengal government, will host Horasis Asia Meeting, a global business meet, in Kolkata in November.
•    The two-day business meet, starting November 26, will focus on sustainable business practices in various areas, including power and energy, said Shashwat Goenka, President, ICC.
•    Goenka has been recently elected President of the industry body.

 
3. RBI has set up an Enforcement Department (EFD)
Reserve Bank of India (RBI) has informed that they have set up an Enforcement Department (EFD).
•    EFD would serve as a centralised department to speed up regulatory compliance.
•    EFD has been set up to separate those who oversee the possible rule breaches and those who decide on punitive actions so that enforcement process operates fairly and is evidence based.
•    The EFD has become functional with effect from April 03, 2017.

 
4. India is among the fastest growing economies: World Bank
According to the World Bank's latest edition of the Global Economic Prospects, India is the fourth fastest growing economy in the world.
•    The World Bank has pegged India's growth rate at 7.2 for the current year on the back of rising export and increase in government spending.
•    In terms of growth rate, India is placed behind smaller economies of Estonia, Uzbekistan and Nepal.

 
5. Venkaiah’s portfolios distributed between Smriti Irani, Tomar
The portfolios of M. Venkaiah Naidu, the vice-presidential candidate of the National Democratic Alliance, were reallocated by Prime Minister Narendra Modi.
•    Union Textile Minister Smriti Irani was given additional charge of Information and Broadcasting, while Rural Development Minister Narendra Tomar took over the Urban Development Ministry.

 
6. J&K bags best award in adventure tourism destination
The J&K Tourism Department has received the award  in the category of 'Best Adventure Tourism Destination and Eco-Tourism Destination' at a 3-Day event organized by Indian International Travel Mart, Chennai.
•    Deputy Director Tourism (Publicity) Peerzada Zahoor who was representing the J&K State received the award.
•    During the Travel Mart, J&K stall which was beautifully decorated attracted huge visitors mostly locals and travel agents.


7. Indian Oil bags WPC Excellence Award
Leading oil marketing company Indian Oil has bagged the WPC Excellence Award for its innovative and ground-breaking INDMAX technology at 22nd edition of the World Petroleum Congress in Istanbul.
•    Sanjiv Singh, Chairman, Indian Oil and SSV Ramakumar, Director (R&D) received the award from Abdullah bin Hamad Al Attiyah, former Deputy Prime Minister & Minister of Energy and Industry, Qatar.

8. Hollywood Actor Martin Landau passes away
OSCAR-winning actor Martin Landau has died at the age of 89 after suffering “unexpected complications”.
•    The star of the 1960s television series Mission: Impossible made a late-career comeback with an Academy Award-winning performance in the 1994 film Ed Wood.