Current Affairs 2 & 3 August 2019

Current Affairs

If you are preparing for competitive exams like SSC CGL, SSC CPO, railways, banking exams or civil services, you need to make yourself aware of all the important events happening in the contemporary world to score good marks and gain over others. Preparing Current Affairs is not a one day job but also not the toughest one. It takes only 10 to 15 minutes to update yourself with the current events and helps in boosting your score exponentially.

Read Current Affairs updates about all the National and International events for free at Sarkari Rojgar Wala and stay tuned for important job alerts and current affairs. 

Current Affairs 2 & 3 August 2019

> RBI allows Bank of China to offer regular banking services in India

RBI has allowed the Bank of China to offer regular banking services in the country. All commercial banks are in the Second Schedule. Banks falling under thus schedule must adhere to the norms of RBI. Bank of China has opened its first branch in Mumbai.

> One Nation One Ration Card Scheme implemented

The Government of India launched One Nation-One Ration Card Scheme on a pilot basis in Telangana, Andhra Pradesh, Maharashtra and Gujrat to boost national food security. Families who have subsidized rice and wheat from any ration shop in these states.

> RBI has slapped a penalty of Rs 1.5 Crore on Bank of India for non-compliance with RBI's direction on frauds' in Rotomac Group companies

> India slips to 7th largest economy

According to the data by the World Bank, India has been pushed to the 7th place in the global GDP rankings in 2018 with a GDP of USD 2.7 trillion. The USA remains the top economy with a GDP of USD 20.5 trillion followed by China, Japan, the UK, and France.

> Aishwary wins gold in 10 meter Air Pistol at Sardar Sajjan Singh Sethi memorial shooting

> Vinayak S Hiremat becomes the young doctor to be felicitated with the 'Pride of Nation Award'

> Ravish Kumar wins Magsaysay Award for his journalism

The other winners of Magsaysay Award 2019 are -

Ko Swe Win                    -   Myanmar

Angkhana Neelapaijit    -   Thailand

Raymundo Pujante        -   Philippines

Kim Jong Ki                   -   South Korea

> Siddhartha Mohanty takes over as MD, CEO of LIC HFL

> Karnataka Bank ties up with Fintech firm to offer Mutual Funds

> President Kovind honored with National Order of Merit, highest award of Republic of Guinea

> 'Meghdoot' mobile app launched by the Ministries of Earth Sciences and Agriculture to assist farmers

> NHB infuses Rs 10,000 crore to increase fund flow in the housing sector

> 'Vhali Dikri Yojana' launched by the CM of Gujrat, Vijay Rupani

Under this scheme, govt will pay Rs 4000 to every girl child at the time of admission to Standard 4th, Rs 6000 at IX standard admission, Rs 1 Lakh at higher education admission at the age of 18.

> Spanish ship Mendez Nunez arrived at Mormugao Port, Goa

> Sonam Malik won Gold in 65 kg category in the ongoing World Cadet Wrestling Competition in Sofia, Bulgaria

> Bhasha Mukherjee, a 23-year-old Indian origin doctor with an IQ of 146, was crowned Miss England 2019