2nd July 2018 Current Affairs

Contents

Rahul Dravid becomes fifth Indian to be inducted into ICC’s Hall of Fame

Rahul Dravid has been inducted into ICC Hall of Fame.
Dravid received this honour along with Australia’s Ricky Ponting and England’s Claire Taylor.
Dravid becomes only the 5th Indian to make his way into the ICC Hall of Fame, after Anil Kumble, Sunil Gavaskar, Bishan Singh Bedi and Kapil Dev.
45-year-old Dravid has scored 24,208 runs in 509 international matches in his playing career spanning over 15 years.

India is no longer home to the largest number of people living in extreme poverty, according to a Brookings report.
Nigeria has overtaken India in this regard, and the Democratic Republic of the Congo could soon overtake India too, to claim second spot.
At the end of May 2018, Nigeria had 87 million people living in extreme poverty, while India had 73 million.
Extreme poverty in Nigeria is estimated to be growing at the rat of six people per minute.
According to the World Bank, a person who lives on less than $1.90 a day falls in the extreme poverty category.

The government has announced that July 1st be celebrated as GST Day.
This is to commemorate the first year of the unprecedented reform of Indian taxation.
GST was launched on the 1st July, 2017 and replaced a multi-layered, complex indirect tax structure with a simple, transparent and technology-driven tax regime.

Abu Dhabi has topped the list of smart cities in the Middle East and Africa, according to a report by McKinsey Global Institute.
Abu Dhabi secured a rating of 18.4, coming in ahead of Dubai, with a rating of 17.3.
Abu Dhabi is the capital of the United Arab Emirates (UAE).
Three factors contribute to making a city smart – technology base (how many smartphones are in use); specific apps (such as translating raw data into alerts); and the use of the apps (by the city, companies and the public).

The government has announced that July 1st be celebrated as GST Day.
This is to commemorate the first year of the unprecedented reform of Indian taxation.
GST was launched on the 1st July, 2017 and replaced a multi-layered, complex indirect tax structure with a simple, transparent and technology-driven tax regime.