Current Affairs: 02 January 2019

Daily Current GK Update

02 January, 2019

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  1. India’s external debt declines 3.6% to $510.4 bn at Sept-end

India’s external debt fell by $19.3 billion, or 3.6%, to $510.4 billion during the six-month period ended September 2018. The decline was due to a decrease in commercial borrowings, Non-Resident Indian (NRI) deposits and valuation gains resulting from appreciation of US dollar against rupee and major currencies. Commercial borrowings were the largest component of external debt with a 37.1% share.

Source: – Livemint


  1. Bhargavagets charge of LIC Chairman

Hemant Bhargava, Managing Director, has taken additional charge as Chairman, LIC of India in place of VK Sharma who retired on Monday. Bhargava, who became the MD in February 2017, will retire in July 2019.

Source: – The Indian Express


  1. Sudhir Bhargava takes oath as Chief Information Commissioner

Sudhir Bhargava took oath as the Chief Information Commissioner in the Central Information Commission (CIC). Bhargava was administered the oath of office by President Ram Nath Kovind at a ceremony in Rashtrapati Bhavan. Bhargava was working as the Information Commissioner in the Central Information Commission.

Source: – ANI


  1. India, Pakistan exchange list of N-installations

India and Pakistan on Tuesday exchanged for the 28th consecutive year a list of their nuclear installations under a bilateral agreement that prohibits them from attacking each other’s atomic facilities. The two countries also exchanged details of civilian prisoners and fishermen lodged in each other’s jails. The ministry of external affairs said India handed over to Pakistan a lists of 249 Pakistani civilian prisoners and 98 fishermen in its custody.

Source: – The Indian Express


  1. RBI allows Paytm Payments Bank to add new customers after 6 months

The RBI has allowed Paytm Payments Bank to restart opening new accounts after more than six months. The bank had violated KYC norms, failed to maintain the prescribed net worth of 3100 crore and also violated the end-of-the-day 31 lakh limit per account. Paytm Payments Bank, which has around 42 million accounts, registered a loss of 320 crore in 2017-18.

Source: – Livemint


  1. PK Singh appointed as CCI secretary

The Competition Commission of India (CCI) on Tuesday said it has appointed Pramod Kumar Singh as its secretary. Prior to this, PK Singh was adviser (law) to the competition watchdog, said a CCI official. In September, the fair trade regulator had invited applications for appointment to the post of secretary from eligible candidates. But in case of selection of departmental candidate, appointment of the candidate will be made on promotion basis with five years of experience as adviser to CCI, the regulator had said in a notice.

Source: – The Indian Express


  1. TB Radhakrishnan sworn-in as 1st Chief Justice of Telangana High Court

Justice TB Radhakrishnan was on Tuesday sworn in as the first Chief Justice of Telangana High Court, which came into existence on January 1, 2019 after the bifurcation of the High Court at Hyderabad. Justice Praveen Kumar was sworn in as the acting Chief Justice of Andhra Pradesh HC, which also came into existence the same day.

Source: – Hindustan Times


  1. New OFB head Kumar takes over

Saurabh Kumar took over as the director general of ordnance factories and chairman of the Ordnance Factory Board (OFB) in Kolkata, a statement said. Kumar, a 1982-batch Indian Ordnance Factory Service officer, is an M-Tech in mechanical engineering from the Indian Institute of Technology (IIT), Kanpur, the statement on Monday said


  1. Veteran actor Kader Khan passes away at the age of 81

Veteran actor Kader Khan, who was admitted to a hospital in Canada, has passed away at the age of 81. He was reportedly put on a BiPAP ventilator after he had trouble in breathing. Reports added that Khan suffered from Progressive Supranuclear Palsy (PSP), a degenerative disease that causes loss of balance, difficulty in walking and dementia.

Source: – Hindustan Times

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