Current Affairs 2nd September 2018

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Current Affairs

Current Affairs 2nd September 2018

NATIONAL

  • Prime Minister Narendra Modi launched a payments bank of the Department of Posts that will take banking to the doorstep of every citizen through an unmatched network of post offices and almost 3 lakh postmen and ‘Grameen Dak Sewaks’. 

INTERNATIONAL

  • Minister of State for AYUSH Shripad Yesso Naik inaugurated the Fourth International Ayurveda Congress (IAvC) at the Netherlands.
  • The 4th BIMSTEC Summit has been successfully concluded in Kathmandu, the capital of Nepal.

APPOINTMENTS

BANKING & ECONOMY

  • Home, auto and other loans would become costlier as the country’s largest lender, State Bank of India, has increased its benchmark lending rate or MCLR by 0.2%, a development followed by other lenders. The new rates are effective with immediate effect.
  • Indian economy grew by 8.2% in the first quarter (April-June) of the current fiscal, the highest in over two years.

SPORTS

  • India’s 22-year-old boxer Amit Panghal defeated 2016 Olympic champion Hasanboy Dusmatov (Uzbekistan) in the men’s 49kg final to bag gold at the Asian Games 2018.
  • India’s 60-year-old Pranab Bardhan and 56-year-old Shibnath Sarkar won the men’s pair bridge event to bag the country’s first-ever gold in bridge at the Asian Games.

OBITUARY

  • Jain Muni Tarun Sagar passed away at the age of 51 in Delhi’s Radhapuri Jain temple due to prolonged illness.