One Liners of the Day, 11 July 2019

Days in Focus

• World Tesla Day, Nikola Tesla Day - 10 July.

Economy

• For various tenors with effect from on July 11, the marginal cost of funds-based leading rate (MCLR) has been cut by the Oriental Bank of Commerce (OBC) by - up to 10 basis point (bps).
• Minimum interest rate of a bank below which it cannot lend - Marginal cost of funds-based leading rate (MCLR).

International 

• World's most expensive market for prime office rents, according annual Global Prime Office Occupancy Costs survey by CBRE - Hong Kong's Central district (occupancy costs valued at USD 322 per sq.ft).
• JinkoSolar Holding Co Ltd, World’s largest solar plant of 1,177MWp, has started at - Sweihan in Abu Dhabi (Jointly developed by Japan’s Marubeni Corp. and UAE).
• Legendary Pakistani actor who passed away on July 9 - Zaheen Tahira.
• The fourteenth meeting of the Conference of the Parties to the UN Convention to Combat Desertification (UNCCD COP 14) is scheduled to take place from 2-13 September 2019 in - Greater Noida, New Delhi, India.

National

• Ninthmost expensive office location in the world with an annual rent of nearly USD 144 per sq ft, according annual Global Prime Office Occupancy Costs survey by CBRE - New Delhi's Connaught Place (CP).

Persons in News

• New head of the Directorate General of Civil Aviation (DGCA) under the Ministry of Civil Aviation - Arun Kumar.
• Chairman and Managing Director of Bharat Sanchar Nigam Limited (BSNL) - Pravin Kumar Purwar.

Sports

• Gold medal winner in women's 100-metre sprint event at the 30th Summer University Games in Italy – sprinter Dutee Chand (first Indian). 
• Winner of the AIFF Men's Footballer of the Year 2018-19 - Sunil Chhetri.
• Winner of the AIFF Women's Footballer of the Year 2018-19 - Ashalata Devi.
• Indian weightlifter who won a gold medal in the senior women’s 49 kg event at the Commonwealth Weightlifting Championship 2019 - Mirabai Chanu.
• Former India goalkeeper who passed away on July 9 – A. U. Celestine.

Science and Technology

• India’s “AI4Bharat”, a platform for Artificial Intelligence (AI) solutions to solve real-world challenges, is developed by - Indian Institute of Technology, Madras (founded by Mitesh M. Khapra and Pratyush Kumar).

General Knowledge

• All India Football Federation (AIFF) - Formed in – 1937; Headquarters: Dwarka, Delhi.
• United Nations Convention to Combat Desertification (UNCCD) – Established in: 1994; Secretariat: Bonn (Germany).
• Bharat Sanchar Nigam Limited (BSNL) was established in – 2000.