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Daily GK Current Affairs viable of 15th July 2021

Daily GK Current Affairs News viable of 15th July 2021.Here is the Regular current affairs viable of 15th July 2021. covering the following news headlines: Grain ATM, Retail Direct Scheme, National AYUSH Mission scheme, Gaganyaan Program, Hindustani Way.

Daily Current Affairs update are incorporated with the important news that made the current affairs headlines for competitive exams. Daily Current Affairs Update is the complete box of the important news that held all day long. One should have complete knowledge about banking terms, current affairs news, etc.

So, here is the GK update of 15th July 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt current affairs quiz.

Here current affairs have been categorized which is as follows:

  • National News
  • State News
  • Banking News
  • Economy News
  • Business News
  • Important Days

National News

  1. Piyush Goyal appointed Leader of House in Rajya Sabha
  • Union Minister Piyush Goyal has been appointed as the Leader of the House in the Rajya Sabha. His appointment is effective from July 06, 2021. He will succeed Thawar Chand Gehlot, who has taken over as the Governor of Karnataka.
  • Shri Goel, a two-time Rajya Sabha MP, is currently the Deputy Leader of the NDA as well as a Union Minister in the Cabinet.
  • He is serving as the Union Minister of Textiles, Minister of Commerce and Industry and Minister of Consumer Affairs, Food and Public Distribution. The Leader of the House is responsible for organizing government meetings and business in the House.

State News

  1. India’s first ‘Grain ATM’ open in Gurugram
  • The country’s first ‘Grain ATM’ has been set up as a pilot project in Gurugram, Haryana. It is an automatic machine, which works like a bank ATM.
  • This machine has been installed under the ‘World Food Program’ of the United Nations (UN), and is called ‘Automated, Multi Commodity, Grain Dispensing Machine’.
  • This automatic machine is equipped with the biometric system with a touch screen, where the beneficiary will have to enter the Aadhaar or ration card unique number.
  • On biometric authentication, the foodgrain prescribed by the government to the beneficiaries will be automatically filled in the bags installed under the machine.
  • Three types of grains — wheat, rice and millet — can be distributed through this machine. At present, the distribution of wheat has been started from the ‘Grain ATM’ machine installed at Farrukhnagar.

Important takeaways for all competitive exams:

  • Haryana Capital: Chandigarh;
  • Haryana Governor: Bandaru Dattatreya;
  • Haryana Chief Minister: Manohar Lal Khattar.

Banking News

  1. RBI cancels licence of Dr Shivajirao Patil Nilangekar Urban Co-operative Bank
  • The Reserve Bank of India (RBI) has canceled the license of Dr Shivajirao Patil Nilangekar Urban Co-operative Bank Ltd., Nilanga, Latur, as it does not have sufficient capital and earning potential.
  • The Maharashtra-based bank with its current financial position would be unable to pay its depositors in full, the central bank said while announcing the cancellation of its licence. The bank ceases to carry on banking business, with effect from the close of business.
  • With the cancellation of its licence, the bank has been prohibited from conducting the business of ”banking” that includes acceptance of deposits and repayment of deposits with immediate effect.
  1. RBI imposes restrictions on Mastercard Asia from adding new customers
  • The Reserve Bank of India has imposed restrictions on Mastercard Asia/Pacific Private Limited for adding new domestic customers from 22nd July 2021.
  • MasterCard will not be allowed to add customers, be it for debit, credit or pre-paid cards onto its network as the entity has failed to comply with the directions on Storage of Payment System Data.
  • This order will not impact existing Mastercard customers, RBI asked the company to inform all card-issuing banks and non-banks to conform to these directions.
  • It may be recalled that RBI had issued a circular in April 2018, directing all system providers to ensure that all information related to payments systems operated by them are stored in India. All the firms were given a period of six months to comply and report compliance to RBI.
  1. RBI Launches ‘Retail Direct Scheme’
  • The Reserve Bank of India (RBI) has launched the ‘RBI Retail Direct’ scheme for retail investors, through which they can directly buy and sell both primary and secondary government securities (G-Secs).
  • The bond-buying window was opened to increase retail participation in government securities and democratize ownership of government securities beyond managers of pooled resources such as banks and mutual funds. The date of commencement of the scheme will be announced later.
  • The RBI Retail Direct scheme is a one-stop solution to facilitate investment in Government Securities (G-Secs) by individual investors.
  • This dedicated bond-buying window is a part of RBI’s effort to increase retail participation in government securities.
  • The scheme also provides the facility to Retail investors (individuals) to open and maintain the ‘Retail Direct Gilt Account’ (RDG Account) with RBI.
  • Under this scheme, retail investors are able to open and maintain their gilt securities account named ‘Retail Direct Gilt Account’ (RDG Account) through a ‘With RBI’online portal‘.

Important takeaways for all competitive exams:

  • RBI 25th Governor: Shaktikant Das;
  • Headquarters: Mumbai;
  • Founded: 1 April 1935, Kolkata.

Economy News

  1. WPI inflation eases to 12.07 per cent in June

Business News

  1. NTPC to construct India’s largest solar power park in Kutch
  • NTPC Limited, India’s largest power producer, is set to construct the country’s largest solar photovoltaic project in the Rann of Kutch region in Khawara, Gujarat.
  • The solar power park will have a capacity of 4.75 gigawatt (GW)/4750 MW. The project will be constructed through NTPC Renewable Energy (NTPC-REL), the renewable energy arm of NTPC.

Important takeaways for all competitive exams:

  • NTPC Chairman and Managing Director: Shri Gurdeep Singh;
  • NTPC Founded: 1975.
  • NTPC Headquarters: New Delhi, India.

Important Days

  1. World Youth Skills Day celebrated on 15th July
  • United Nations celebrates World Youth Skills Day globally on 15 July every year. The day is celebrated as an opportunity for young people, technical and vocational education and training (TVET) institutions, and public and private sector stakeholders to acknowledge as well as celebrate the importance of equipping young people with skills for employment, decent work and entrepreneurship.
  • The theme of World Youth Skills Day 2020 is “Reassessment of Youth Skills Post-Pandemic”.
  • In 2014, the United Nations General Assembly declared 15 July as World Youth Skills Day to celebrate the strategic importance of equipping youth with the skills for employment, good work and entrepreneurship.

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