Current Affairs 31st July and 1 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.

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Current Affairs 31st July and 1 August 2019

> Rajiv Kumar to be new Finance Secretary

The government has designated financial services secretary Rajiv Kumar as Finance Secretary. He succeeds Subhash Chandra Garg, who was shifted to the position of power secretary. Kumar has played a crucial role in initiating banking reforms for state-run banks.

> Atal Innovation Mission to launch a new programme for Community Innovation

NITI Aayog's Atal Innovation Mission will launch a new programme for Community Innovation in New Delhi. It aims to encourage the spirit of innovation in the country. It will be jointly inaugurated by Rakesh Pokhriyal Nishank and Dharmendra Pradhan,

> RBI eases end-use norms for external commercial borrowing

RBI relaxed norms for end-use of money raised through ECBs. ECBs with a minimum average maturity period of 7 years can be availed for repayment of rupee loans availed domestically for capital expenditure as also by NBFCs for on-lending for the same purpose.

> India and Myanmar signed an MoU on defence cooperation aimed at enhancing training, joint surveillance and maritime security to further strengthen their military ties.

> 22nd National Conference on e-Governance 2019 to be held at Shillong

Theme - Digital India: Success to Excellence

> Former Cognizant exec Debashis Chatterjee to take over as Mindtree CEO

> Former RBI Deputy Governor Subir Vithal Gokarn passes away

> Ellyse Perry becomes the first cricketer to reach 1000 runs, 100 wickets in the T20 format

> Olympic for skills, World Skills Kazan 2019 to be held in Moscow Russia

> Founder of Cafe Coffee Day, V G Siddhartha passes away

> Eminent economist and former deputy governor of RBI Subir Gokran passes away