Current Affairs Current Affairs August 2019

  K Sivan, chairman, Isro, laid the foundation stone for Space Situational Awareness Control Centre at Peenya in Bengaluru. Isro has set up a directorate of space situational awareness and managementaiming at protecting high valued space assets from space debris close approaches and collisions. The control centre would facilitate the intensified activities foreseen for SSAM, in view of increasing debris population and operational space assets. The control centre would host a range of activities pertaining to the protection of Indian space assets from inactive satellites, pieces of orbiting objects, near-earth asteroids and adverse space weather conditions.
Source: The Times of India

  Veteran Gujarati journalist, author and columnist Kanti Bhatt passed away. He also worked as writer and editor in various Gujarati publications like Chitralekha, Mumbai Samachar, Janshakti, Sandesh, Yuva Darshan, Jansatta, Vyapar and Abhiyan.
Source: The News on AIR

  Cricket commentator Anant Setalvad, who used to draw pictures of the game’s progress on airwaves with his fine command of the English language, from the mid 1960s through to the 1980s, passed away . Anant was the commentator for All India Radio (AIR) in Ranji Trophy and other BCCI tournaments and also for Test matches.
Source: The Business Standard

 The Reserve Bank of India has imposed a collective penalty of Rs 11 crore on 7 public sector banks. The penalty has been imposed for non-compliance with certain provisions of directions issued by RBI on ‘Code of Conduct for Opening and Operating Current Accounts.
The penalties on 7 banks are as follows:
  • Allahabad Bank and Bank of Maharashtra have been imposed with a penalty of Rs 2 crore each.
  • Bank of Baroda, Bank of India, Indian Overseas Bank and United Bank of Indiahave been imposed with a penalty of Rs 1.5 crore each.
  • Oriental Bank of Commerce has been imposed with a penalty of Rs 1 crore.
RBI has also imposed a fine of Rs 1 crore on Corporation Bank for non-compliance of norms related to cyber security framework for banks, frauds classification and reporting.
Source: The Live Mint

  India successfully test-fired its all-weather tracked-chassis Quick Reaction Surface-to-Air Missile (QR-SAM) from a mobile launcher at launch complex III of the Integrated Test Range at Chandipur in Odisha. This Missile Jointly developed by Defence Research and Development Organisation (DRDO) and Bharat Electronics Ltd, the QR-SAM weapon system is a quick reaction, network-centric missile system capable of search-on-the-move. QR-SAM system can also engage multiple targets within a range of around 25 to 30 km with 2 vehicle configuration for area air defence. It is a truck-mounted missile with a 360 degree rotatable, electro-mechanically operated, turret-based launch unit.
Source: The News on AIR

  Maharashtra became the first state to adopt a digital fingerprint and iris scanning system to aid police investigations. The Automated Multi-modal Biometric Identification System (AMBIS) adopted by the Maharashtra Police will soon be replicated across the country, with the state government working with the National Crime Records Bureau in New Delhi to create standards to be used by other state police forces.
Source: The Indian Express

  Soccer body CONMEBOL suspended Lionel Messi from international matches for three months because of accusations of corruption he made at the latest Copa America. The South American body also fined the superstar in USD 50,000 for his comments after Argentina’s 2-1 win against Chile in the third-place playoff of the tournament.
Source: The DD News

President Ram Nath Kovind inaugurated exhibitions on Mahatma Gandhi and Khadi at the “Ebunjan Theatre” in the Gambia to commemorate the 150th birth anniversary of the Mahatma Gandhi.
Source: The News on AIR

  The Department of Revenue, Ministry of Finance, as part of its strategic commitment to improving global trade, is conducting India’s first national Time Release Study (TRS). The exercise will be institutionalized on an annual basis. This initiative will help India maintain the upward trajectory on Ease of Doing Business, particularly on the Trading Across Borders indicator which measures the efficiency of the cross border trade ecosystem. The TRS is an internationally recognized tool advocated by the World Customs Organization to measure the efficiency and effectiveness of international trade flows.
Source: The DD News

  Giriraj Prasad Gupta, Indian Civil Accounts Service (ICAS) officer, took over as the Controller General of Accounts (CGA). Gupta has served in various positions in Central Board of Direct Taxes (CBDT), ministry of rural development, and ministry of finance. Gupta also worked as the Director of National Institute of Financial Management (NIFM). Gupta succeeds Anthony Lianzuala as the new Controller General of Accounts (CGA) under the Finance Ministry.
Source: The Business Standard


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