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.

Nigeria overtakes India as home to world’s largest number of poor

  • 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.

July 1st announced as GST Day, to be celebrated for centralised tax

  • 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 is ‘smartest city’ in Middle East: Study

  • 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).

July 1st announced as GST Day, to be celebrated for centralised tax

  • 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.

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The Author

Upasana Pradhan

Hello, my name is Upasana Pradhan, I’m currently working as a Content Writer. I have done my Masters in Electronics and Communication from Delhi Technological University, Delhi. I always had a passion for writing. Apart from that, I love listening music, hanging out with friends, Cooking and Shopping.

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