Current Affairs July 27-28, 2019

In this post, GKToday presents Current Affairs of July 27-28, 2019 in Short Notes form for preparation of IBPS, Banking, CLAT, SSC, Railway, UPSC, IAS/PCS, UPPSC, BPSC, MPPSC, RPSC, TNPSC, MPSC, KPSC and all other competitive examinations of India.

1. Badri Narain Sharma, a Rajasthan cadre IAS officer of 1985 batch, has been re-appointed as chairman of the National Anti-profiteering Authority (NAA) for next two years. The NAA ensures that consumers get benefit of reduced prices under the Goods and Services Tax (GST). The NAA has been constituted under Section 171 of the Central GST Act of 2017 to ensure that the reduction in rate of tax or the benefit of input tax credit is passed on to the recipient by way of commensurate reduction in prices. The NAA has the power to cancel registration of any entity or business if it fails to pass on to consumers the benefit of lower taxes under the GST regime, but it would probably be the last step against any violator.

2. The book titled ‘Chandra Shekhar – The Last Icon of Ideological Politics‘ has been authored by Rajya Sabha deputy chairman Harivansh and writer Ravi Dutt Bajpai. The book was recently launched by Prime Minister Narendra Modi at the Balayogi Auditorium, Parliament Library Building. It chronicles the journey of former PM Chandra Shekhar from his humble lower middle-class background to becoming one of the most prominent political icons of India.

3. The Central Industrial Security Force (CISF) has launched a customised video interface - CISFTube - on the lines of YouTube and an on-line encyclopedia “Securitypedia” on the lines of Wikipedia to update its personnel about security related issues, best practices in forces and latest technologies available across the world. Securitypedia is an on-line encyclopedia which incorporates a wide gamut of security related practices across the globe. It is not just a static website containing data archives but is more of a dynamic platform where a force member can contribute by writing blogs on relevant security related professional issues. CISF Tube is an online video database of all videos relevant to CISF. The videos available on CISF Tube enable CISF personnel to learn on various subjects related to their functioning.

4. In the area of solar rooftop installations, Gujarat has stood first in the country with total 261.97 megawatts (MW) of installed rooftop solar capacity as on July 23, 2019. Gujarat is followed by Maharashtra (198.52 MW) and Tamil Nadu (151.62 MW), respectively. As per the Central government data, the total rooftop solar installations in India are 1700.54 MW. The Government of India (GoI) has set a target of installation of 40,000 MW of Rooftop Solar (RTS) projects by the year 2022 in the country including installation of RTS on rooftop of houses.

5. Attoor Ravi Varma (88), the well-known poet and translator, has passed away in Thrissur, Kerala on July 26, 2019. He was considered as one of the pioneers of modern Malayalam poetry. He was recipient of many prestigious awards, including the Ezhuthachan Puraskaram, Ashan Award, Kerala Sahitya Akademi Award, and Kendra Sahitya Academy Award. His poems ignored metre and used free verse. His major works include Kavitha; Attur Ravi Varmayude Kavithakal (1957-1994); Attur Ravi Varmayude Kavithakal (1995-2003); J.J. Chila Kurippukal; Oru Pulimarathinte Katha; Nale Mattoru Nal Matram; Randam Yamangalude Katha; and Puthunaanooru: Thamizh Kavithakalude Mozhimattam.

6. Veteran star Meryl Streep will become the first-ever recipient of the TIFF Tribute Actor award at the 44th Toronto International Film Festival (TIFF-2019). She will receive the award in person on 9th September for her tremendous contribution to cinema, television and the stage spans five decades. Streep is a 3-time Oscar winner for ‘The Iron Lady’, ‘Sophie's Choice and Kramer vs. Kramer. She previously scored an Emmy win for her leading role in HBO's miniseries adaptation of ‘Angels in America’. The actor's next film "The Laundromat", about the Panama Papers scandal, is among the films that will be screened at the famed festival.

7. Jordan has recently launched its first Underwater Military Museum on the bed of Red Sea off the coast of Aqaba. The dive Site includes several tanks, an ambulance, a military crane, a troop carrier, an anti-aircraft battery, guns and a combat helicopter. The kingdom is hoping the 19 decommissioned pieces of military hardware, submerged at depths up to 28 metres (92 feet), will attract tourists to the already popular diving resort of Aqaba. The aim of the museum is to offer a new and unique museum experience where adventure-loving tourists can experience the interaction between sports, the environment and the display pieces. Coral reefs in the northern Red Sea are a popular destination for divers and other tourists due to its good health despite global reef depletion due to global warming.

8. In a bid to promote electric mobility, the GST Council has decided to reduce GST Rate on Electrical Vehicles from 12% to 5% and on charger or charging stations for Electric vehicles from 18% to 5%. The new rates will come into effect from the 1st of August 2019. The Council also approved an exemption from GST on the hiring of Electric Buses by local authorities. Finance Minister Nirmala Sitharaman held the meeting through video conferencing. This is the first GST Council meeting after the presentation of 2019 Union Budget in Parliament on 5th of July.

9. Aadhaar architect Nandan Nilekani has launched an account aggregator model – Sahamati - via which, individuals and small businesses can share their digital financial data with third-parties in a safe and secure manner. For example, a user seeking a loan will be able to quickly share bank statements and other details required by lending institutions digitally through their choice of preferred Account Aggregator (AA). So far, six AAs have received in-principle approval from the RBI. These include NESL Asset Data, CAMS Finserv Financial Services, Cookiejar Technologies Pvt Ltd, FinSec AA Solutions Pvt Ltd, Yodlee Finsoft Pvt Ltd, and Jio Information Solutions. In order to support the ecosystem, Sahamati has been formed as a Section 8 non-profit. It will be headed by BG Mahesh who founded Sahamati will apply for the SRO (self-regulatory organisation) licence with the Reserve Bank of India (RBI), which will give it a self-governing body status, allowing it to work on a code of conduct and best practices for member organizations. The technology framework was developed by non-profit iSpirt.

10. The researchers at the IIT Kanpur and the Lucknow-based Central Drug Research Institute (CDRI) have designed a novel molecular framework to destroy superbugs, which are becoming increasingly resistant to most known antibiotics. It would help drugs latch on to the germs and prevent them from multiplying. For the study, the scientists used bacteria - Staphylococcus Aureus – which are frequently found in the nostrils, upper respiratory tract and on the skin of nearly 30% of people. According to researchers, a substance called gyrase is essential for bacteria’s survival and multiplication. In most organisms, there are two types of gyrases — gyrase A and gyrase B. The new molecule targets gyrase B, which is more conserved in organisms and hence difficult to mutate. The strategy is very attractive because it makes it possible to destroy these bacteria with the same class of drugs to which they have developed resistance.


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