Daily One Liner Current Affairs Update - 1 August, 2017

Hello and welcome to exampunditHere are the One Liner Current Affairs Update of 1 August, 2017.

Banking & Financial News on 1 August
  • The State Bank of India (SBI) and Samsung India on 1 August announced the availability of payment platform Samsung Pay for higher variants of SBI debit Card. This will allow SBI debit card holders to make payments using Samsung smartphones at Point of Sale (PoS) card machines at merchant outlets.
  • Airtel Payments Bank, on 1 August, said it has partnership with Hindustan Petroleum Corporation Limited (HPCL), to give further boost to digital payments in the country and to add to customer convenience. All 14,000 HPCL fuel stations will act as banking points for Airtel Payments Bank, the company said.
  • With an aim to eliminate all subsidies by March 2018, the Union Government has ordered state-run oil companies to raise subsidised cooking gas, LPG (liquefied petroleum gas), prices by four rupees per cylinder every month.
  • The new bilateral Agreement on Trade, Commerce and Transit between India and Bhutan came into force on 29 July 2017. It aims to strengthen the bilateral relations between India and Bhutan.


India & States News on 1 August
  • The Union Ministry of Housing and Urban Affairs on 31 July 2017 released the Swachh Survekshan 2018’s anthem ‘Swachhata Ki Jyot Jagi Hai’ that states that the flame of sanitation has been lit. The anthem was launched to inspire the people to participate in the Swachhata Jan Andolan and connect themselves with the ‘Swachhata Survekshan-2018’.
  • The Supreme Court of India on 31 July 2017 announced a ban on the use of five metals including lithium, mercury, arsenic, antimony and lead in firecrackers, deeming them as harmful for the environment.

Appointments on 1 August
  • Lt General Abhay Krishna, who owns extensive service experience of the Northeast India, was on 31 July 2017 appointed as the Chief of the Indian Army's Eastern Command
  • Arvind Panagariya, Vice-Chairman of Niti Aayog announced his resignation from the post on 1 August 2017.

World News on 1 August
  • Switzerland is now home to the world's longest suspension footbridge that was inaugurated on 29 July 2017. The Charles Kuonen Suspension Bridge has broken all the record with its length of 1621 feet and height of 279 feet that makes it the longest in the world. The bridge is named after Charles Kuonen, a psychologist and winery co-owner.
  • US President Donald Trump on 1 August 2017 awarded the Medal of Honour, first such award under his administration, to US army medic James McCloughan, who risked his own life to save wounded Americans during the Vietnam War.


Sports News on 1 August
  • Los Angeles formally announced its bid for the 2028 Summer Olympics after agreeing on a deal with the Olympic organizers. This deal with Olympic organizers paves the way for Paris to host the Summer Olympics in 2024.

Obituaries on 1 August

  • Ustad Hussain Sayeeduddin Dagar, a classical vocalist and one of the leading exponents of Dhrupad tradition, passed away on 31 July 2017 following a brief illness in Pune. 



Team ExamPundit