DAILY GK 13 AUG 2019
1. CBDT
INCREASES THE MONETARY THRESHOLD LIMIT FOR IT DEPARTMENT FOR FILING APPEALS
✔The
Central Board of Direct Taxes increased the monetary limit for an appeal before
the Income Tax Appellate Tribunal to Rs 50 lakh from Rs 20 lakh. This is done
to reduce litigation.
✔High
Courts limit has been doubled to Rs 1 crore from Rs 50 lakh.
✔Supreme
Court’s limit for filing appeal has been increased from Rs 1 crore to Rs 2
crore.
✔The
income-tax department will withdraw 34% of cases stuck in tribunal, 48% of
those stuck in High Courts and 54% in the Supreme Court.
2. SAUDI’S
ARAMCO WILL BUY 20% OF RIL’S OIL AND CHEMICAL BUSINESS FOR $15 BN
✔Saudi
Arabia’s most profitable oil company Saudi Aramco will buy 20 % stake of
RIL’s oil and chemicals business for
about $15 billion (approximately Rs 1.06 lakh crore), which will be one of the
biggest FDI deal in the country.
✔As
part of the deal, Aramco will supply 700,000 barrels per day on a long-term
basis of crude oil to Reliance’s twin refineries.
3. “SHAH
RUKH KHAN” FELICITATED WITH AN HONORARY DOCTORATE DEGREE BY MELBOURNE’S LA
TROBE UNIVERSITY
✔Shah
Rukh has been conferred with an honorary degree, Doctor of Letters by the La
Trobe University of Melbourne, Australia.
✔He
received this honour in recognition of his humanitarian efforts towards
underprivileged children, empowering women through MEER foundation, and his
achievements in Bollywood.
4. CHANDRIMA
SHAHA TO BE THE FIRST WOMAN PRESIDENT OF INSA FROM 2020
✔Chandrima
Shaha is set to be the 1st woman president of the Indian National Science
Academy. Her tenure will begin from January 2020.
✔Chandrima
Shaha was formerly the Director of the National Institute of Immunology, Delhi.
5. ANURAG
ADLAKHA APPOINTED AS YES BANK CFO REPLACING AHUJA
✔YES
bank had made Anurag Adlakha as the new Chief Financial Officer.
✔He
replaced Raj Ahuja.
6. THAILAND
WOMEN’S CRICKET TEAM REWRITES WORLD RECORD FOR MOST CONSECUTIVE WINS IN T20I
✔The
Women’s Cricket team of Thailand rewrote a world record by winning 17th
successive T20 international match and surpassed the record held by Australian
Women (16 victories).
7. 2019
ROGERS CUP/CANADIAN OPEN
✔2019
Rogers Cup (Canadian Open) was held in Canada. It was the 139th edition of
Men’s tournament and 128th Edition of Women’s tournament.
✔Men’s
Singles was won by Rafael Nadal (Spain) defeating Daniil Sergeyevich Medvedev
(Russia).
✔Women’s
Singles won by Bianca Vanessa Andreescu (Canada) defeating Serena Williams
(America).
8. HYDERABAD
OPEN (BADMINTON) 2019
✔The
5th Super 100 tournament of 2019 BWF World Tour Hyderabad Open 2019 was held at
G.M.C. Balayogi SATS Indoor Stadium in Hyderabad, India.
✔Indian
Badminton star Sourabh Verma
clinched the Men’s Singles beating Singapore’s Loh Kean Yew.
✔Women’s
Singles won by Yeo Jia Min (Singapore) beating An Se-young (South Korea).
9. BOOK
‘LISTENING, LEARNING AND LEADING’ LAUNCHED BY UNION HOME MINISTER AMIT SHAH
✔Home
Minister Amit Shah released a Vice President M Venkaiah Naidu’s book titled
“Listening, Learning & Leading”.
✔The
book captures the glimpses of the Vice President’s 330 public engagements
across the country in the last 2 years. The book also showcases the Vice
President’s feat as the Rajya Sabha Chairman in enhancing its effectiveness and
promoting its efficiency.
10. WORLD
ELEPHANT DAY: AUGUST 12
✔The
World Elephant Day is celebrated on August 12 to create awareness and bring
attention to the urgent plight (dangerous situation) of Asian and African
elephants.
✔Singapore
announced on World elephant day that ivory sales will be banned from the
country from 2021.