Current Affairs: Daily GK Update 05 August 2017

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05 August 2017- Current Affairs

Venkaiah Naidu Is New Vice President of India 

Veteran BJP Leader is the new Vice-President of India.The Election Commission said that 771 votes were polled, of which 760 were valid and 11 were valid. Venkaiah Naidu secured 516 and Gopalkrishna Gandhi 241 votes. This means, that Venkaiha Naidu will become the 13th Vice President of India.

Green Airports in Andhra Pradesh

As a part of Government of India’s initiative to develop green airports, two airports in Andhra PradeshTirupati and Vijayawada are going to go completely green.

Kotak Mahindra Bank has launched a new service called “ Kotak Remit”.

i. This service is an Aadhaar-based integrated outward Forex remittance solution for both customers and non-customers.
ii. It is a 24×7 Forex remittance service.
iii .It offers a completely paperless process that will be helpful to users to register online using Aadhaar and PAN numbers, and initiate remittances instantly.

Companies to disclose bank defaults within one day: SEBI

The Securities and Exchange Board of India (SEBI) has directed to companies which fail to disclose any default on the payment of interest or repayment of principal to banks or financial institutions within a day.

MobiKwik Partners Bajaj Finance for Larger Financial Services Pie

Mobile wallet major MobiKwik has entered into a strategic partnership with Bajaj Finance to transform itself into a financial services app from a payments app at present Under this partnership, Bajaj Finance has picked up 10.83 per cent equity stake in MobiKwik.

India Signs USD 329 Million Loan Pact With AIIB for Gujarat Road Project

India signed a loan agreement with Asian Infrastructure Investment Bank (AIIB) for financing of USD 329 million for Gujarat Rural Roads Project.

Committee to review the Institutionalization of Arbitration Mechanism

A high level committee headed by former Supreme Court Judge Justice B N Srikrishna  set up to review the Institutionalization of Arbitration Mechanism, has submitted its recommendations to Union Law ministry

Veteran Actress Sharada Selected for ‘Prem Nazir’ Award.

Veteran actress and national award winner Sharada has been selected for this year’s Prem Nazir Award.

JK Rowling: World’s Highest Paid Author by Forbes

Harry Potter creator JK Rowling has been named the world’s most highly-paid author with earnings of £72.2m ($95m).

 India’s First Private Missile Production Facility Unveiled

India’s first private sector missile sub-systems manufacturing facility, a joint venture between the $2.5 billion Kalyani Group and Israel’s Rafael Advanced Defence Systems Ltd., was inaugurated near Hyderabad.

Akshay Kumar the new brand ambassador of Swachh Bharat Mission

Uttar Pradesh Chief Minister Yogi Adityanath declared the Bollywood actor Akshay Kumar become the brand ambassador of the Swachh Bharat Mission.

Rajiv Gandhi Khel Ratna

Devendra Jhajharia has become the first paralympian to be recommended for India’s highest sporting honour — the Rajiv Gandhi Khel Ratna — along with celebrated former hockey captain Sardar Singh.

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