DAILY CURRENT AFFAIRS: 8 AUG 2015
(Daily News India)
1. NEGOTIABLE INSTRUMENTS (AMENDMENT) BILL, CLEARED IN LOK SABHA:
i. Lok Sabha cleared the Negotiable Instrument (Amendment)Bill 2015
Features of Negotiable Instrument (Amendment) Bill 2015
ii. The bill will amend the negotiable instruments act 1881.
iii. The bill will amend the act to define the cases of bouncing of cheques can be filed only in a court in whose Jurisdiction the bank branch of the Payee lies.
iv. The Bill also amends the definition of cheque in the electronic form
2. THE AUGUST EDITION OF FIFA WORLD RANKING RELEASED:
i. The August edition of the FIFA/Coca Cola World Ranking was released by coca cola .
ii. Top ranking in FIFA List:
(i) Argentina
(ii) Belgium
(iii)Germany (2014 World Cup Winner)
(iv) Chile, entered top 10 rankings for the first time
FIFA- Federation International Football Association
Currency of Argentina: Argentine peso
Capital of Argentina: Buenos Aires
Currency of Germany: Euro
Capital of Germany: Berlin
Currency of Belgium: Euro
Capital of Belgium: Belgium
3. NATIONAL HANDLOOM DAY OBSERVED ON 7TH AUGUST:
i. PM Narendra Modi inaugurated 1st National Handloom Day in Chennai to mark Swadeshi Movement.
ii. He also launched ‘India Handloom’ Brand.
CM of Tamil Nadu: J. Jayalithaa
4. ANTI DUMPING DUTY IMPOSED BY INDIA ON VITAMIN C IMPORTS:
i. India has imposed anti dumping duty on Vitamin C imports from China.
ii. The Anti Dumping duty is imposed for the next 5 years, to safeguard the interest of domestic industries in India.
Anti Dumping Duty: WTO provides the right to impose anti dumping on the countries, who are dumping their goods to Indian market at low prices. In India Union Ministry of Commerce Recommends for Anti Dumping duty but it is imposed by Union Ministry of Finance.
Union Minister of Commerce: Nirmala Sitharaman
Union Minister of Finance: Arun Jaitely
WTO- World Trade Organization
Headquarter: Geneva, Switzerland
Head of WTO- Roberto Azevedo
Members: 162 (Recently Kazakhstan joined WTO as its 162nd member.)
5. TRIPURA PASSED RESOLUTION TO ABOLISH DEATH PENALTY:
i. Legislative assembly of Tripura passed resolution to abolish death penalty.
The issue of capital punishment sparked after the death penalty is imposed on Yakub Menon. He was convicted under the charges of terrorism for his involvement in 1993 Mumbai blast.
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