Daily Current Affairs Update August-5 2017

1. The Union Finance Ministry has launched second exchange-traded fund (ETF), named Bharat 22. It will help to speed up Government’s disinvestment programme budgeted to raise a record Rs 72,500 crore in the FY 2018.
# Bharat 22 comprise of 22 stocks including those of central public sector enterprises (CPSEs), public sector banks (PSBs) and its holdings under the Specified Undertaking of Unit Trust of India (SUUTI).
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2. The Indian Railways has signed its first EPC (engineering, procurement, construction) contract with Larsen and Turbo (L&T) for electrification of railway lines. 
#The contract valuing Rs 1,050 crore was awarded by Central Organisation for Railway Electrification (CORE) and Konkan Railways for electrification of 781 route kilometres (RKM). It will cover Delhi Sarai Rohilla – Rewari and Alwr – Bandikui – Jaipur – Phulera – Ajmer (353 rkm) section and Roha – Verna (428 rkm) of Konkan Railway.
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3. The ISRO Telemetry Tracking and Command Network (ISTRAC) and CSIR-National Physical Laboratory (NPL) have signed MoU to make indigenous regional positioning system-NavIC independent from the US clock system.
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4. India has signed a loan agreement with China led-Asian Infrastructure Investment Bank (AIIB) for financing of $329 million for Gujarat Rural Roads Project (GRRP).
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5. The Union Government is going to launch AGRI-UDAAN Food and Agribusiness Accelerator 2.0 programme in an attempt to promote innovation and entrepreneurship in agriculture. It will mentor startups and help them connect with potential investors.
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6. A High Level Committee set up to review the Institutionalization of Arbitration Mechanism in India has submitted its report to the Union Law Ministry. It was headed by Justice (retired) BN Srikrishna.
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7. Indian shuttler Rahul Yadav Chittaboina has won the men’s singles title by defeating his compatriot Karan Rajan Rajarajan by 21-15 21-13 in the summit clash at the 2017 Lagos International Badminton Classics in Lagos, Nigeria.
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8. The Sahyadri Tiger Reserve (STR) is located in the Sahyadri ranges of the Western Ghats of Maharashtra. It is in news because the Maharashtra government is planning to relocate tigers from Vidarbha region to the sanctuaries elsewhere where their population is smaller, including the Sahyadri Tiger Reserve (STR)
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9. The Pushpagiri Wildlife Sanctuary (PWS) is located in Somwarpet taluk of the Kodagu district in Karnataka and spread across an area of 102 kms. 
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10. The Pin Valley National Park is located within the Lahaul and Spiti district of Himachal Pradesh
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11. Engineering conglomerate Larsen & Toubro in August 2017 announced Rs 3375 crore (18.8 Bn MUR) worth metro order from the Mauritius government. The projects will be fully funded through a grant by Union Government and line of credit.
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12. According to the home ministry the Aadhaar number has been made mandatory for the registration of death from 1st of October.
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13. On August 4, 2017, Government of India/ Government of Gujarat signed US$ 329 million Loan and Project Agreements with Asian Infrastructure Investment Bank (AIIB) for or Gujarat Rural Roads Project. The loan agreement was signed in New Delhi.
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14. Finance Minister Arun Jaitley launched a new Exchange Traded Fund (ETF) under the name Bharat 22, comprising shares of 22 companies from 6 sectors of the economy. This decision comes on the basis of past experiments with CPSE-ETF which proved to be successful
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15. JK Rowling, the creator of Harry Potter tops the ranking of the highest paid author by Forbes with earnings of £72m ($95)
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16. Veteran actress and national award winner Sharada has been selected for this year’s Prem Nazir Award:
#It was instituted by people of Chirayankeezhu, in memory of Kerala’s evergreen actor Prem Nazir.
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17. The AIFF has appointed senior advocate Ushanath Banerjee as the chairman of a special committee. It will deal with the players’ transfer disputes’.
#The All India Football Federation,also ( AIFF), is the governing body of Association Football in India 
President :Praful Patel. 
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18. Shri Prabhat Kumar, (IFS 1991), presently Ambassador of India to Colombia has been appointed as the next Ambassador of India to the Republic of Kazakhstan (Currency :Tenge KZT, Capital : Astana)announced on 3rd of August 2017.
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19. An India international hockey player, Jyoti Gupta a 20-year-old has committed suicide on 2nd of August 2017.
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20. English actor, Robert Hardy, famous for his role as Cornelius Fudge in Harry Potter, passed away on August 3, 2017. He was 91.
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21. Venkaiah Naidu is going to succeed Hamid Ansari as the new Vice-President of India.
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22. Mobile wallet major MobiKwik has entered into a strategic partnership with Bajaj Finance to transform itself into a financial services app from a payments app at present.
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23. The Centre recently approved the Adityanath-led UP government’s proposal to rename the Mughalsarai railway station after the Jan Sangh leader as Deen Dayal Upadhyaya (DDU) station.
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24.  Uttar Pradesh Chief Minister Yogi Adityanath today announced the appointment of Bollywood actor Akshay Kumar as the brand ambassador of the Swachh Bharat Mission in the state.
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