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Banking Current Affairs : 5th August 2024

Today’s Current Affairs: 5th August 2024 for SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc

Shri Amit Shah Launches E-Sakshya, Nyaya Setu, Nyaya Shruti And E-Summon App:

  • Union Home Minister and Minister of Cooperation, Shri Amit Shah launched the e-Sakshya, Nyaya Setu, Nyaya Shruti and e-Summon apps for the three new criminal laws in Chandigarh on August 4.

Bangladesh PM Sheikh Hasina Resigns:

  • On August 5, 2024, Bangladesh experienced a monumental shift in its political landscape.
  • Prime Minister Sheikh Hasina, who had held power for 15 consecutive years, abruptly tendered her resignation and left the country.

Pakistan’s $3.6 Billion Interest Payment to IMF

  • Pakistan has paid over USD 3.6 billion in interest on IMF loans over the past 40 years, as revealed by the finance ministry. This disclosure was made during a recent meeting of the Senate’s Standing Committee on Economic Affairs.

Janet Yang Re-Elected Film Academy’s President:

  • Film producer Janet Yang has been re-elected for a third term as the President of the Academy of Motion Picture Arts and Sciences.
  • Alongside her re-election, several new board officers have been appointed to key positions within the Academy.

Noah Lyles Wins U.S. Men’s 100-Meter Olympic Gold in 20 Years:

  • American sprinter Noah Lyles clinched gold in the men’s 100-meter sprint at the 2024 Paris Olympics.
  • The race was one of the closest in Olympic history, with Lyles finishing just 0.005 seconds ahead of Jamaica’s Kishane Thompson.

President Murmu’s Six-Day Visit to Fiji, New Zealand, and Timor-Leste:

  • President Droupadi Murmu embarked on a six-day visit to Fiji, New Zealand, and Timor-Leste, marking significant diplomatic engagements.
  • This visit is notable for being the first by an Indian Head of State to Fiji and Timor-Leste.

“VIRAASAT”, 10th National Handloom Day Begins At Handloom Haat, New Delhi:

  • “VIRAASAT”, a fortnight long exhibition dedicated to celebrating 10th National Handloom Day began at Handloom Haat in Janpath on 3rd August, 2024.

Ind-Ra Raises FY25 GDP Growth Forecast to 7.5%:

  • India Ratings & Research (Ind-Ra) has increased its forecast for India’s GDP growth in FY25 to 7.5%, up from the previous estimate of 7.1%. This revised projection surpasses the RBI’s forecast of 7.2% and the Finance Ministry’s Economic Survey estimate of 6.5-7%.

Star Shooter Manu Bhaker Set To Be India’s Flagbearer In Closing Ceremony:

  • Manu Bhaker, India’s two-time Olympic bronze medallist, has been chosen to be India’s flagbearer for the closing ceremony of the Paris Olympics.

India’s Fiscal Deficit Declines to 8.1% of Full-Year Estimate in Q1 FY25:

  • The Ministry of Finance reported that India’s fiscal deficit for the first quarter of FY25 stood at 8.1% of the full-year estimate, a significant improvement from 25.3% in the same period last year.

RBI Cancels Licenses of 78 UCBs Since 2014:

  • The Reserve Bank of India (RBI) has canceled the licenses of 78 Urban Cooperative Banks (UCBs) since 2014.

32nd International Conference of Agricultural Economists:

  • The Prime Minister, Shri Narendra Modi inaugurated the 32nd International Conference of Agricultural Economists (ICAE) at National Agricultural Science Centre (NASC) Complex, New Delhi

Typhoon-K Vehicle:

  • The Indo-Tibetan Border Police (ITBP) has successfully conducted a demonstration and trial of the formidable Typhoon vehicle at its Transport Battalion in Chandigarh.

WHO Global Traditional Medicine Centre:

  • India has committed $85 million over 10 years, 2022–2032, to support the programming of the World Health Organization (WHO) Global Traditional Medicine Centre.

Price Monitoring System App:

  • The Union Minister of Consumer Affairs, Food and Public Distribution & New and Renewable Energy launched Version 4.0 of the Price Monitoring System (PMS) Mobile app.

Maritime Partnership Exercise:

  • A Maritime Partnership Exercise (MPX) was conducted between India and Russia in St. Petersburg.
  • Maritime Partnership Exercise was conducted between Russia and India on the occasion of the 328th Russian Navy Day.

Four-Ringed Butterfly:

  • A four-ringed butterfly was rediscovered in the Namdapha National Park after 61 years
  • Four-ringed butterfly a species of Satyrinae butterfly.

Giant Radio Source:

  • A team led by Indian radio astronomers have reported the discovery of 34 new giant radio sources (GRSs) using the Giant Metrewave Radio Telescope (GMRT).

Standardised Precipitation Index:

  • The India Meteorological Department has analysed trends for precipitation and drought-like conditions over India using the ‘Standardised Precipitation Index’ (SPI).