Current Affairs: Daily GK Update 04 August 2017
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04 August 2017- Current Affairs
2nd AGRI-UDAAN program in New Delhi
This 6-month program is a unique platform for scale up stage innovators, entrepreneurs and startups in the Food and Agribusiness sectors. Radha Mohan Singh is the Union Agriculture Minister of India.
Motor Vehicle (Amendment) Bill 2016
i. To levy hefty penalties for violation of traffic norms including up to Rs 10,000 fine for drunken driving and Rs 2 lakh compensation for hit-and-run cases.
ii. Provision of up to Rs 10 lakh compensation in case of road fatality.
iii. Increase in compensation for Hit & Run cases from Rs. 25000 to Rs. 2 lakhs.
iv. Addition of 28 new sections.
First Tech Meet Of Hydrocarbon Vision 2030
The Two day long first technology meet under the targets of the ambitious Hydrocarbon Vision 2030 for Northeast India started in Guwahati Assam.
Cabinet approves signing of ASA between India & Lao PDR
The Union Cabinet has given its nod for signing of new Air Services Agreement (ASA) between India and Lao People’s Democratic Republic. The ASA agreement is the route for any air operation between the two countries.
Lok Sabha Passes Bill to Raise NABARD’s Capital to Rs 30,000 crore
Increase in capital of NABARD: At present the authorized capital of Nabard is Rs 5,000 crore and there is a proposal to increase it to Rs 30,000 crore.
Mohammad Mustafa Appointed CMD of SIDBI
Senior bureaucrat Mohammad Mustafa was appointed as Chairman and Manging Director (CMD) in Small Industries Development Bank of India (SIDBI).
Aadi Perukku Festival Celebrated in Tamilnadu
Aadi Perukku is celebrated for the birth of the Tamil month of Aadi. This is the beginning of all the festivals during the festival seasons
SAARC Interior Ministers and Immigration Authorities Meeting held in Islamabad, Pakisthan
The 7th meeting of SAARC Immigration Authorities was held in Islamabad, Pakistan on August 2. The meeting was chaired by Pakistan’s Director General Immigration and Passports Usman A. Bajwa.
RBI launches portal to curb illegal money pooling by firms
The Reserve Bank of India has launched a website sachet.rbi.org.in– in a bid to curb illegal and unauthorized pooling of funds by unscrupulous firms. It was launched by RBI Governor Raghuram Rajan.
SBI to become a single entity by April 2017
India’s largest lender State bank of India to merge its associate banks with itself this fiscal to make the merged entity operational by April 2017.
23rd Rajiv Gandhi National Sadbhavna Award
Well-known UP hailed singer Shubha Mudgal named for 23rd Rajiv Gandhi National Sadbhavna Award for her exceptional contribution in the areas of communal harmony, peace and goodwill.
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