PayU, Reliance Money Announced Strategic Partnership For Instant Loan

PayU India announced entering into a strategic partnership with Reliance Money, leading NBFC brands in India, to offer instant app-based personal loans, via LazyPay. It is an attempt to reach out to the underserved consumers in India.

The loan amount will start from as low as Rs. 100 and will extend up to Rs. 1,00,000 with a duration varying from 15 days to 24 months. The loan amount will start from as low as Rs. 100 and will extend up to Rs. 1,00,000 with a duration varying from 15 days to 24 months.

Source- The Economic Times 

Mobile Wallet Transactions Hit Record Rs14,632 crore in June: RBI Data

The value of transactions made through mobile wallets touched a record Rs14,632 crore in June, according to the Reserve Bank of India (RBI) data. The data showed the rise of 4.2% from Rs14,047 crore in May. 
However, the number of transactions fell around 5% to 309.62 million in June after reaching an all-time high of 325.41 million in May. The record transaction value shows wallet companies, which were struggling to set up compliance infrastructure and convince users to provide know-your-customer (KYC) documents, have survived the storm and signed up new customers.
Source- The Livemint

Germany’s Mario Gomez Retires From International Football


Veteran German striker Mario Gomez announced his retirement from international football. The 33-year-old, who made his debut for Germany in 2007, scored 31 goals in 78 international appearances. 
The former Bayern Munich star represented his country at the FIFA World Cup in 2010 and 2018 and the Euro Cup in 2008 and 2012.
Source- NDTV Sports

Indian U-20 and U-16 Team Wins Titles in Football

India’s under-20 team won over Argentina under-20 in the final group stage match of the COTIF Cup held in Valencia’s Els Arcs Stadium. India was playing in the tournament for the first time.

Also, the under-16 team of India defeated under-16 champions team of Iraq by 1-0 in the West Asian Football Federation Cup in Amman, Jordon. 
Source- The Indian Express

S Gopakumar Appointed Director and General Manager in UIIC

Public sector non-life insurance firm United India Insurance Company announced the appointment of S Gopakumar as its Director and General Manager with immediate effect. 
Prior to taking up the new role, Gopakumar was serving GIC Housing Finance Ltd as its Managing Director and Chief Executive Officer. 
Source- The Moneycontrol

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • United India Insurance Company headquarters in Chennai, Tamil Nadu. 

Goa Tourism’s App-Based Taxi Service Flagged Off

Goa Chief Minister Manohar Parrikar and Tourism Minister Manohar Ajgaonkar flagged off the Goa Tourism Development Corporation’s app-based taxi service called ‘GOAMILES’ in Panaji. 
It would ensure that commuters are not cheated as there would be transparency in fares for the customers. It will also ensure the increase in earnings of taxi drivers by “two to three” times. 
Source- The Indian Express
Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • Mridula Sinha is the present Governor of Goa. 

NGT Forms Panel To Monitor Rejuvenation Project Of Ganga

The National Green Tribunal constituted a committee, to be headed by a former Allahabad High Court judge, for monitoring the rejuvenation project of Ganga from Haridwar to Unnao in Uttar Pradesh. 
Chief Justice of Allahabad High Court will nominate a former judge of Allahabad High Court to head the committee.

Source- The Hindu

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • NGT Chairman: A K Goel, Headquarters: New Delhi. 

Government, NABARD and NWDA Sign Revised MoA For Funding Of Projects Under PMKSY

The Union Ministry of Water Resources, the NABARD and the National Water Development Agency (NWDA) signed a revised Memorandum of Agreement (MoA) for funding of central share of 99 prioritised irrigation projects under Pradhan Mantri Krishi Sinchayee Yojana (PMKSY). 

The funding will be done through the Long Term Irrigation Fund (LTIF). The revised MoA will enable the Ministry of Water Resources to release Central Assistance to prioritised projects under PMKSY as per the requirements from time to time. 

Source- Press Information Bureau (PIB)

TRAI Integrates Its Mobile App DND 2.0 & MyCall With UMANG Platform

Recognizing the importance of reaching out to the consumers and to safeguard their interests, Telecom Regulatory Authority of India (TRAI) has now integrated its Mobile Apps namely DND 2.0 & MyCall with UMANG (Unified Mobile Application for New-age Governance) Platform. 

UMANG is developed by National e-Governance Division (NeGD), Ministry of Electronics and Information Technology (MeitY). From now onwards, TRAI’s Mobile Apps namely DND 2.0 &MyCall shall also be available on Umang Platform.
TRAI MyCall App: 
TRAI MyCall is an intuitive and user-friendly application for Crowdsourced Voice Call Quality Monitoring. 
DND 2.0 App: 
DND (Do Not Disturb) Services App enables smartphone users to register their mobile number under DND and report spam messages or calls to avoid Unsolicited Commercial Communication (UCC)/Telemarketing Calls/SMS. 

Source- Press Information Bureau (PIB)

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • R.S.Sharma is the present Chairman Telecom Regulatory Authority of India. 
  • TRAI was established with effect from 20th February 1997 by an Act of Parliament, called the Telecom Regulatory Authority of India Act, 1997. 

3rd India-Nepal Coordination Meeting Starts In New Delhi

The 3rd India-Nepal Coordination meeting was started in New Delhi. A seven-member delegation from Nepal, headed by Inspector General of Nepal Armed Police Force Shailendra Khanal will take part in the three-day meeting. 

During the meeting, several important matters like security scenario along the border, coordination meetings at field level, sharing of information about crimes and criminals, training of armed police personnel and mutual visits by officers of two countries will be discussed. 

Source- DD News

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • Khadga Prasad Sharma Oli is the current Prime Minister of Nepal.
  • Bidhya Devi Bhandari is the current President of Nepal and commander in chief of Nepalese Army. 
  • The Nepalese Rupee is the currency of Nepal.