DAILY GK 3 AUG 2019


DAILY GK 3 AUG 2019
1. NAGAR KIRTAN(SIKH RELIGIOUS PROCESSION) FROM PAKISTAN REACHES INDIA FOR THE FIRST TIME SINCE PARTITION
To mark the 550th birth anniversary of Guru Nanak Dev, the Sikhism founder, a Nagar Kirtan, a Sikh religious procession was taken out for 1st time after Independence from Nankana Sahib district of Pakistan’s Punjab province entered into Attari village in Amritsar, Punjab.
The procession which comprising around 500 Sikh devotees will stop at Golden Temple of Amritsar before it begins its onward journey.
2019 marks the 550th birth anniversary of Guru Nanak Dev. Government of India will celebrate the event throughout the country and across the globe for a period of one year from November 2018 to November 2019.

2. RBI GRANTED BANK OF CHINA TO OFFER REGULAR BANKING SERVICES IN INDIA
India’s central banking institution, RBI has allowed Bank of China to provide regular bank services in India. BoC will be included in the Second Schedule of the Reserve Bank of India Act, 1934.
Jan Small Finance Bank Ltd has also been included in the second schedule. Apart from this, the name ‘Royal Bank of Scotland’ has been changed to ‘NetWest Market Plc’.
‘National Bank of Australia’ has been removed from the bank list under the Banking Regulation Act,1949.


3. RBI’S MONEY MUSEUM IN CENTRAL KOLKATA BOOST PEOPLE’S KNOWLEDGE OF BANKING SYSTEM
India’s central bank, RBI’s Money Museum, which was opened on March 11, 2019, aims at improving people’s knowledge of the banking system with the help of interactive displays at Council House Street in Central Kolkata, West Bengal.
The museum has a big tree made using unusable coins and demonetized notes attached with a computer model outlining how money gets transferred to the account digitally.
Its printing and bond making machines is the eye-catching feature of the museum. It also has interactive games centre for children with the intention to promote financial literacy.

4. CRISIL LOWERS INDIA’S FY2020 GDP GROWTH FORECAST TO 6.9 PERCENT
According to the CRISIL, India’s GDP growth expected to grow by 6.9% in 2019 (FY2020).
The second half (July 2019-December 2019) of the year will have its support from expected monetary easing, consumption, and statistical low-base effect. Due to food inflation, the agriculture sector will also be expected to improve.
Farmers will also benefit from the income transfer of Rs 6,000 per year and farm loan waivers in some states.
The NPA’s are expected to decline to 8 percent by FY 20 end from the high level of 11.5 % witnessed in FY18.

5. INDIA IS THE 7TH LARGEST ECONOMY IN THE WORLD IN 2018: WORLD BANK
The World Bank data for 2018 showed that India is the 7th largest economy in the world at $2.73 trillion.
India’s GDP rose from $2.65 trillion in 2017 to $2.73 trillion in 2018.
In 2017, India had emerged as the sixth largest economy.
It still remains the fastest-growing major economy in the world.
The growth is estimated to slow to 7% in the current fiscal year that ends in March 2020.
United States is the largest economy in the world followed by China, Japan and Germany.                       
                       
6. 2019 RAMON MAGSAYSAY AWARD WON BY RAVISH KUMAR FOR JOURNALISM
India’s senior executive editor of NDTV Ravish Kumar was awarded 2019 Raman Magsaysay Award which is regarded as the Asian version of the Nobel Prize.
Four other winners of the 2019 Raman Magsaysay award are as follows:-
  • Ko Swe Win (Myanmar),
  • Angkhana Neelapaijit (Thailand),
  • Pujante Cayabyab (Philippines)
  • Kim Jong-Ki (South Korea).

7. NASA’S TESS SATELLITE DISCOVERS FIRST NEARBY SUPER EARTH
A super-Earth was discovered by an International team of astronomers led by Lisa Kaltenegger and is considered to be the first potentially habitable world outside our own solar system.
The super Earth is named as GJ 357 d and it was discovered in NASA’s Translating Exoplanets Survey Satellite.
This super Earth ,GJ 35 70 located about 31 light years away from our solar system is more massive than earth and could contain liquid on its surface.

8. FLIPKART LAUNCHED ‘SAMARTH’ INITIATIVE TO SUPPORT WEAVERS, ARTISANS AND MAKERS OF HANDICRAFTS TO ITS PLATFORM
Anurag Thakur, Minister of State, Finance and Corporate Affairs and Kalyan Krishnamurthy, Chief Executive Officer of Flipkart Group launched ‘Samarth’, an initiative of Flipkart, to support weavers, artisans and makers of handicrafts to its platform.
It will help the community to on-board and sell the goods on the internet.
Flipkart has tied up with 5 NGOs to help the artisans use online marketplace to sell the products.

9. DELHI PUBLIC LIBRARY’S MOBILE LIBRARY BUS SERVICE LAUNCHED
Mobile Library Buses was launched by the Union Minister of state for culture and tourism Shri Prahlad Singh Patel in New Delhi.
It was launched under the “Ghar-Ghar Dastak Ghar-Ghar Pustak” scheme of Delhi Public Library providing books to citizens of Delhi.

10. WEST BENGAL GOVERNMENT LAUNCHED AWARENESS CAMPAIGN ‘SAVE GREEN, STAY CLEAN’
The Chief Minister of West Bengal Mamata Banerjee launched an awareness campaign ‘Save Green, Stay Clean’ for preserving the greenery and keeping the environment clean in Kolkata.
The percentage of tree plantation increased to 19% from 11% in the past 8 years.