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.