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One Liners of the Day, 16 September 2019

Days in Focus

  • The theme of International Day of Democracy 2019 (15 September) is 'Participation'.
  • Engineers' Day in India - 15 September.

Economy

  • For transaction above Rs 2,000 with a maximum cap of Rs 150 per transaction for RuPay debit card transactions, National Payments Corporation of India (NPCI) has rationalized merchant discount rate (MDR) to - 0.60% (instead of present 0.90%) (w.e.f. 20 October).

National

  • On 14 September, the government announced this new scheme with Rs 50,000 crore fund to replace the existing Merchandise Exports from India Scheme (MEIS) - Remission of Duties or Taxes on Export Product (RoDTEP) (after 31 December).

Sports

  • Indian shuttler (Badminton player) who clinched men's singles title at the Belgian International Challenge 2019 - Lakshya Sen.
  • The 10th Asian Pacific Youth Games was played in – Vladivostok, Russia.

State Current Affairs

  • This state government launched ''Jan Soochna Portal'' for quick access to information on government departments - Rajasthan.

General Knowledge

  • The Inter-Parliamentary Union (IPU) adopted a Universal Declaration on Democracy in - September 1997.
  • Inter-Parliamentary Union (IPU) - Established in: 1889; Headquarters: Geneva, Switzerland.
  • Founder of the Inter-Parliamentary Union (IPU) - William Randal Cremer (England) and Frédéric Passy (France).
  • First International Day of Democracy on - 15 September 2008.
  • The birth anniversary of this person is commemorated as Engineers' Day in India – M. Visvesvaraya.

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