DAILY GK 18 JULY 2019
1. RBI
SLAPS A PENALTY ON SBI &UNION BANK FOR VIOLATING VARIOUS NORMS
✔RBI
has penalized State Bank of India with Rs.7 crore and Union Bank of India with
Rs.10-lakh for violating certain regulatory guidelines.
✔The
penalty imposed on SBI with reference to its financial position as on March 31,
2017 reported non-compliance with the
directions issued by the RBI on Income Recognition and Asset Classification
norms, code of conduct for opening and operating current accounts and reporting
of data on Central Repository of Information on Large Credits, and fraud risk
management and classification and reporting of frauds.
✔The
RBI imposed the Rs 10 lakh fine on Union Bank of India for lapses in
cybersecurity framework.
2. GPF
RATES REDUCED BY 10 BPS TO 7.9% FROM 8%
✔Ministry
of Finance informed that the rates of the General Provident Fund were reduced
by 10 basis points to 7.9% from 8% with effect from July 1, 2019 to September
30, 2019.
✔All
government employees who joined service on or before December 31, 2003
contribute to GPF. An officer/employee contributes 6% of his/her basic salary
with an equal contribution from the Government.
3. VIRAT
KOHLI, JASPRIT BUMRAH MAINTAINS TOP SPOTS IN ICC ODI RANKING 2019
✔As
per the ODI rankings 2019 released by the ICC, right-handed top-order batsman,
Virat Kohli and pacer Jasprit Bumrah have retained their top numbered position
following the conclusion of the World Cup.
✔Rohit
Sharma got 2nd positions followed by Babar Azam. Faf du Plessis of
South Africa and Ross Taylor of New Zealand are on the 4th and 5th position
respectively.
✔Jasprit
Bumrah got the 1st position followed by Trent Boult. Kagiso Rabad is on 3rd
followed by Pat Cummins.
4. ASHLEIGH
BARTY, NOVAK DJOKOVIC GOT TOP SPOT AT WORLD TENNIS RANKING 2019
✔In
the latest Women’s Tennis Association 2019 and ATP rankings 2019, Ashleigh
Barty of Australia got the top position.
✔Novak
Djokovic retained top spots. He got 5th Wimbledon title and 16th major grand
slam title over Roger Federer, who got 3rd place in the tennis ranking.
5.
INTERNATIONAL JUSTICE DAY: 17TH JULY
✔World
Day for International Justice is also known as International Criminal Justice
Day is observed annually on 17th July to recognize the emerging system of
international criminal justice.
✔This
day is the anniversary of the adoption of the Rome Statute in 1998. With the
help of this treaty International Criminal Court was established.
