7 Jul 2017

Important Current Affairs Daily Updates 7th July 2017 - Specially for Upcoming Exams 2017

Important Current Affairs Daily Updates 7th July 2017 - Specially for Upcoming Exams 2017:
Dear Readers, Daily Current affairs News Updates about the National and International events were listed here. Candidates those who are preparing for IBPS/SBI/PO/Clerk exam and all other competitive exams can use this.





STATE

GST to be part of UP higher education syllabus
The taxation system under GST will soon be part of the commerce and management curriculum in Uttar Pradesh’s higher education institutes, Deputy Chief Minister Dinesh Sharma said on Thursday. Mr. Sharma said, “GST is a major step in the direction of economic reforms and besides apprising the common man of the new tax regime, there is also a need to include it in the syllabus.” “It will be included in the management and commerce curriculum,” he said.
Useful Info
State – Uttar Pradesh
Capital – Lucknow
CM – Yogi Adityanath
Governor – Ram Naik
Odisha government signs Expression of Intent (EOI) with IAAF & AFI to establish High Performance Academy
The Odisha government signed an Expression of Intent (EOI) with the International Association of Athletics Federations (IAAF) and Athletics Federation of India (AFI) to establish a High-Performance Academy in Bhubaneswar.
Useful Info
State – Odisha
Capital – Bhubaneswar
CM – Naveen Patnaik
Governor - Senayangba Chubatoshi Jamir
IAAF - International Association of Athletics Federations
HQ – Monaco
President - Sebastian Coe
NATIONAL
Anti-hijacking law comes into effect a notification issued by the Civil Aviation Ministry
The Centre notified the anti-hijacking law that entails capital punishment in case hijacking an aircraft leads to death of “any person,” including ground staff, flight crew, passengers and security personnel. The Anti-Hijacking Act, 2016 came into force, a notification issued by the Civil Aviation Ministry said.
Useful Info
Civil Aviation Minister – Ashok Gajapathi Raju
Constituency – Vizianagaram (AP)
India has declared itself free from highly pathogenic Avian Influenza (H5N1 and H5N8)
India has declared itself free from highly pathogenic Avian Influenza (H5N1 and H5N8) after surveillance in the states showed no evidence of its presence. It has been notified to the World Organisation for Animal Health (OIE). The surveillance was carried out throughout the country since completion of the operation including culling, disinfection and clean-up and surveillance in the states showed no evidence of the presence of Avian Influenza Virus. India had reported outbreaks of influenza at various epicenters in different states across the country between October 2016 and February 2017.
Useful Info
WHO – World Health Organisation
HQ – Geneva, Switzerland
INTERNATIONAL
India ranks 23rd among 165 nations in cyber security index
India is ranked a high 23rd out of 165 nations in a global index that measures the commitment of nations across the world to cyber security. The second Global Cyber security Index (GCI) was released by the UN telecommunications agency International Telecommunication Union (ITU). India is ranked 23rd on the index with a score of 0.683 and has been listed in the maturing category. The index has been topped by Singapore with a 0.925 score. 
Useful Info
ITU - International Telecommunication Union
HQ - Geneva, Switzerland
The European Parliament has approved a first-ever cooperation deal between the EU and Cuba
The European Parliament overwhelmingly approved a first-ever cooperation deal between the EU and Cuba. MEPs in the eastern French city of Strasbourg approved the Political Dialogue and Cooperation Agreement which was signed in December 2016. With the deal, Cuba joins other Latin American countries with similar agreements with the EU, whose relations with the island had previously been conducted in the so-called Common Position that linked ties to improvements in human rights.
Useful Info
The European Parliament
HQ - Brussels, Belgium
Country – Cuba
Capital – Havana
Currency – Cuban Peso
BANKING & ECONOMY
Indus OS partners with YES Bank to launch OS-integrated UPI platform
Indus OS has partnered with YES Bank to launch OS-integrated UPI (Unified Payment Interface) payment platform in India. Users with Indus OS will be able to use this UPI payment platform on SMS, dialler interface, and on third party apps like WhatsApp. This means P2P transactions, as well as utility payments, can be made via SMS or messaging. The platform is expected to launch in this quarter.
Useful Info
YES Bank
HQ – Mumbai
Tagline – Experience our Expertise
CEO - Rana Kapoor
CEO of Indus OS - Rakesh Deshmukh
Credit card bill payment exempt from cash dealing limit of Rs 2 lakh
Revenue department has said that restrictions on cash dealings of two lakh rupees or more will not apply to credit card bill payments, business correspondents appointed by banks and issuers of prepaid instruments. The Finance Act 2017 banned cash transaction of 2 lakh rupees or above with effect 1st of April this year.


DEFENCE
Pakistan has successfully test-fired short-range surface-to-surface ballistic missile 'Nasr'
Pakistan has successfully test-fired short-range surface-to-surface ballistic missile 'Nasr'. NASR is a high-precision weapons system with the ability for quick deployment and a range of 70 kilometers, or 43.5 miles. Pakistan Army has conducted a series of training launches and tests during the current week for validation of new technical parameters of 'NASR' with an enhanced range of 60-70 kilometers and flight maneuverability.
Useful Info
Country – Pakistan
Capital – Islamabad
Currency – Pakistani Rupee
Army chief of Pakistan is Gen Qamar Javed Bajwa
SPORT
India has moved four places up to the 96th position in the FIFA World Ranking
India has moved four places up to the 96th position in the FIFA World Ranking released recently. This is the country’s second-best ranking and its previous best was the 94th position in February 1996.
Useful Info
FIFA - Fédération Internationale de Football Association
HQ - Zürich, Switzerland
President - Gianni Infantino
Manpreet Kaur, Govindan Laxmanan win gold in Asian Athletics Championships
India’s Manpreet Kaur claimed the gold medal in the women’s shot put on the opening day of the Asian Athletics Championships 2017 at the Kalinga Stadium, Bhubaneswar, Odisha. Govindan Laxmanan emerged triumphant in the men’s 5,000 meters and has also won Gold Medal.
Useful Info
Kalinga Stadium - Bhubaneshwar