One Liners of the Day, 03 July 2019

Economy

• Growth recorded by the eight core sector industries in May 2019 over May 2018, according to data released by Ministry of Commerce & Industry - 5.1%.
• India’s eight core sector industries - coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity.
• Tata Teleservices (TTSL) and its unit completed the merger of their consumer business with that of - Bharti Airtel and unit Bharti Hexacom.
• To offer the POS Saral Jeevan Bima Yojana, Airtel Payments Bank has partnered with - Bharti AXA Life Insurance.
• ‘India’s Best Companies to Work for 2019’ by the Great Place to Work Institute - Zee Entertainment Enterprises Ltd. (ZEEL).
• A public limited company which facilitates in-principle approval of loans for MSMEs in 59 minutes by various banks - Online PSB loans Ltd.

International

• India has pledged to contribute ……. in 2019 to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) - USD 5 million.

National

• To support to research projects that are socially relevant, the University Grants Commission (UGC) has approved a new scheme - Scheme for Trans-disciplinary Research for India’s Developing Economy (STRIDE).
• Quota offered for economically weaker sections (EWS) in the recruitment of teachers in central universities under the Central Educational Institutions (Reservation in Teachers Cadre) Bill-2019 - 10%.

Person in News

• Person who reappointment as Deputy Governor of RBI for a period of one year from July 4, 2019 – N. S. Vishwanathan.

Sports

• Winner team at the 2019 UEFA European Under-21 Football Championship - Spain.

General Knowledge

• Supreme Court of India was established in – 1950.
• Maximum strength of sanctioned Supreme Court judges including Chief Justice of India is - 31.
• University Grants Commission (UGC) of India was established in – 1953.
• Goods & Services Tax was rolled out throughout India on – 1st July 2017.