DAILY GK 1 JULY 2019

DAILY GK 1 JULY 2019

1. $250-M LOAN PACT SIGNED BY INDIA AND WORLD BANK FOR REBUILD KERALA INITIATIVE

✔The Government of India, State Government of Kerala and World Bank signed a loan agreement of $250 million (Rs 1,725 crore) for the Kerala Resilient Programme.

✔This will enhance the state’s resilience against the impact of natural disasters and climate change.

2. PB ACHARYA SWORN IN AS THE GOVERNOR OF MANIPUR

✔Padmanabha Balakrishna Acharya was sworn in as the Governor of Manipur.

✔He is given the additional charge as the Governor of Manipur, in addition to his own duties as the Governor of Nagaland in the absence of Dr Najma Heptulla, Governor of Manipur.

3. GOVT CUTS INTEREST RATE ON SMALL SAVINGS SCHEMES

✔The GoI has reduced interest rates for small savings schemes by 10 basis points for the July-September quarter of the 2019-20 financial year.

✔Some schemes that will fetch lower interest rates are Kisan Vikas Patra (7.6%), Public Provident Fund (7.9%), Sukanya Samriddhi Account (8.4%).

4. IIT KANPUR HONOURS GOPICHAND WITH HONORARY DOCTORATE

✔IIT Kanpur honours India's chief national badminton coach Pullela Gopichand with honorary doctorate on the occasion of their 52nd convocation.

✔Former President APJ Abdul Kalam and former Prime Minister Manmohan Singh are past recipients of the honour.