Current Affairs for BANK, IBPS Exams - 02 August 2021

::NATIONAL::

Muslim Women Rights Day is observed on August 1. It was on this very day in 2019, the passage of the triple talaq bill in Parliament proved to be a great milestone as it brought about a ray of hope, a promise to liberate Muslim women from the shackles of social evil that came in the form of the divorce terms. This year marks the second anniversary of that historical bill which is officially known as the Muslim Women Act (Protection of Rights on Marriage) passed in the RajyaSabha.
The law made the ‘triple talaq’ a criminal offence. It was seen as a crucial step as it ensured Muslim women protection against gender inequality, and empowerment by lawfully bidding adieu to the practice of instantaneous ‘talaq’. Hence the day is aptly held as Muslim Women Rights Day. The law is meant to promote women’s self-reliance, self-respect, and boost self-esteem as it strengthens the fundamental and democratic rights of Muslim women.
According to the Act passed in the parliament, the declaration of talaq would be treated as a cognizable offence leading to 3 years imprisonment along with a fine. It has been observed that there has been a reduction of 82 per cent in Triple Talaq cases since the bill saw the light of the day.

The State Administration Council of Myanmar has been reformed as ‘Caretaker government of Myanmar’ headed by the Chief of the Myanmar military Senior General Min AungHlaing as the Prime Minister.
In a televised speech on Sunday, Gen. Hlaing also pledged to hold elections by 2023. He said that his administration was ready to work with a future regional envoy appointed by the ASEAN on Myanmar, reports Reuters.
General Hlaing took over power in Myanmar in February after removing the government headed by the State CounsellorAung San SuuKyi on February 1, a day before the newly elected parliament was set to meet. Since then, the State Administration Council has been performing the duties of the government in Myanmar.
In his speech Gen. Hlaing said that he guarantees the establishment of a union based on democracy and federalism by holding elections by August 2023 as per the provisions of the state of emergency, reports Reuters.

e-RUPI is a cashless and contactless instrument for digital payments. It acts as an e-voucher based on a QR code or SMS string, which is delivered to the mobile phones of the beneficiaries.
The e-RUPI initiative will be one of the programmes launched over the years to limit touch points between the government and the beneficiary and "ensure that the benefits reach its intended beneficiaries in a targeted and leak-proof manner", the Prime Minister's Office said in a statement.
e-RUPI is a cashless and contactless instrument for digital payments. It acts as an e-voucher based on a QR code or SMS string, which is delivered to the mobile phones of the beneficiaries.
e-RUPI connects the sponsors of the services with the beneficiaries and service providers in a digital manner without any physical interface. It also ensures that the payment to the service provider is made only after the transaction is completed. Being prepaid in nature, it assures timely payment to the service provider without involvement of any intermediary.

Bangladesh and India started regular operation of freight trains through the restored Haldibari-Chilahati rail route after over 50 years, which will strengthen railway connectivity and bilateral trade between the two countries.
The restored rail link was inaugurated by Prime Minister NarendraModi and his Bangladesh counterpart Sheikh Hasina on December 17, 2020.
The rail route between Haldibari (India) and Chilahati (Bangladesh) has been defunct for over 50 years.
It will also enhance rail network access to the main ports and dry ports to support the growth in regional trade to encourage economic and social development of the region, said the Indian High Commission in Dhaka on Sunday.
The Haldibari-Chilahati rail link is the fifth rail link between Bangladesh and India that has been made operational.

The 'billionaire' space race' has heated up with Amazon founder Jeff Bezos and English business magnate Richard Branson competing against each other with recent manned trips to the frontiers of space. American entrepreneur Elon Musk is also close, with his company SpaceX collaborating with the National Aeronautics and Space Administration (Nasa) to launch scientific probes to the cosmos. Now, the billionaires in the competition have a new rival to tackle -- Porsche SE.
Porsche SE is the dynasty that owns a controlling stake in Volkswagen AG, the owner of German automobile manufacturer Porsche. In a press release issued on Wednesday, Porsche Automobil Holding SE informed that it has invested in Isar Aerospace, a Munich-based company that develops and manufactures launch vehicles for the transport of satellites.
Although Jeff Bezos' Blue Origin, Richard Branson's Virgin Galactic, and Elon Musk's Tesla are all backed by billionaires taking on each other with manned space missions, Porsche on the other hand, with the help of Isar Aerospace, intends to make headway in the growing market for rocket technology for launching small satellites into Earth's orbit.
As part of a $165 million funding round, Porsche SE is investing alongside venture capital company HV Capital and Swiss bank Lombard Odier to inject $75 million into Isar Aerospace, reported CNN. Porsche has acquired "a low single-digit percentage stake", the company informed in an official release.

PV Sindhu created history on Sunday by winning the bronze medal match against China's He Bing Jiao at the Tokyo Olympics. She won the crucial encounter 21-13, 21-15 to become the first Indian woman ever to win two individual Olympic medals. She had lost the final of the women's singles event at the 2016 Rio Olympics to settle for a silver medal.
Sindhu needed to start strong in the match to get her self-confidence up, which must have been rattled by the one-sided semi-final loss on Saturday to Tai Tzu-Ying.