One Liners of the Day, 04 July 2019

Economy

• This bank has set up the Centralized Micro Small and Medium Enterprises (MSME) & Retail Group (Cen-MARG) for credit facilities in Delhi - Punjab & Sind Bank.
• In July 2019, the Reserve Bank of India (RBI) has imposed a penalty of Rs 1.75 crore for non-compliance with KYC requirement and norms for opening of current accounts on - PNB and UCO Bank.

Environment

• For CO2 based Enhanced Oil Recovery by injecting CO2 captured from IOCL's Koyali refinery, this company signed a MoU with IOCL - ONGC.

International

• In July 2019, this country has passed a legislative provision that brings India at par with America's ‘North Atlantic Treaty Organization’ (NATO) allies and countries - United States (US).
• First country in the G-7 to legislate to move to net zero emissions by 2050 – United Kingdom (UK).
• World’s biggest divorce settlement worth $38 billion – between MacKenzie Bezos and Amazon founder Jeff Bezos.

National

• In July 2019, the CBI launched a “special drive” against alleged bank fraudsters and carried out coordinated searches at 50 locations in - 18 cities.

Person in News

• Current Chief Economic Adviser of India – K. V. Subramanian.

Sports

• Indian batsman who announced his retirement from international cricket in July 2019 - Ambati Rayudu.
• First Indian batsman to score 4 centuries in a single World Cup - Rohit Sharma.
• First Indian player to hit the most sixes in International (Test, ODI and T20) cricket - Rohit Sharma.

State Current Affairs

• Second state government that will set up a Register of Indigenous Inhabitants - Nagaland.
• State butterfly of Tamil Nadu - Tamil yeoman (Cirrochroa thais).

Science and Technology

• India’s first processor ‘Shakti’ Shakti processor that’s based on RISC-V instruction set architecture, is developed by - IIT Madras.
• For the space training of Indian astronauts for the ‘Gaganyaan’ space mission, the Indian Space Research Organisation (ISRO) has collaborated with – Glavkosmos (Russian company).

General Knowledge

• Central Bureau of Investigation (CBI) was established in - 1963.
• Capital of Nagaland State – Kohima.
• Indian Space Research Organization (ISRO) – Founded in: 1969; Headquarters: Bangalore.
• Reserve Bank of India (RBI) – Established in: 1935; Headquarters: Mumbai.