Daily Current Affairs for Govt Jobs- 3 September 2019

Dear Readers, we are presenting Daily Current Affairs for Govt Jobs- 3 September 2019. Daily Current Affairs and General Knowledge is very helpful for IBPS Bank Exams, SBI , RBI Assistant,NIACL, SSC and Railway Exams and other Govt Job aspirants.
 Daily Current Affairs

1. PM Modi to get award from Bill & Melinda Gates Foundation for Swachh Bharat Abhiyan

Prime Minister Narendra Modi will be honoured later this month with the prestigious 'Global Goalkeeper Award' by the Bill and Melinda Gates Foundation for his leadership and commitment to the Swachch Bharat Abhiyaan.
The prime minister will also address global leaders and corporate executives at the Bloomberg Global Business Forum during his visit here for the high-level UN General Assembly (UNGA) session.

2. Sunil Arora Takes Over As Chief Of Association Of World Election Bodies
Chief Election Commissioner Sunil Arora today assumed Chairmanship of the Association of World Election Bodies (A-WEB) for the term 2019-21. The decision and announcement to this effect was made at the fourth General Assembly of A-WEB being held in Bengaluru, being attended by as many as 120 delegates from 50 countries.
Mr Arora, Election Commissioners Ashok Lavasa and Sushil Chandra and the outgoing A-WEB Chairman from Romania.

3. Mithali Raj Announces Retirement From T20 Internationals

Senior woman cricketer Mithali Raj announced her retirement from T20 Internationals. The 36-year-old led India in 32 T20I matches, including the three editions of the Women's WT20 in 2012, 2014 and 2016. "After representing India in T20 internationals since 2006, I wish to retire from T20Is to focus my energies on readying myself for the 2021 One Day World Cup.
Mithali Raj is also the first Indian to reach the landmark of 2000 T20I runs.

4. Steve Smith Dethrones Virat Kohli To Take Top Spot In Test Rankings
Steve Smith dethroned India captain Virat Kohli to reclaim the top spot in ICC Test rankings, released on Tuesday. Kohli was dismissed for a first-ball duck in the second innings of the final Test against the West Indies, which saw him slip to the No.2 spot. Two of the most prolific batsmen in world cricket currently, Steve Smith (904) and Virat Kohli (903) are separated by a single rating point in the latest Test rankings. However, Steve Smith will have a chance to further consolidate his lead when Australia face England in the fourth Test in Manchester, starting from September 4. Following them in the list are Kane Williamson (878), Cheteshwar Pujara (825) and Henry Nicholls (749).

5. Cabinet Clears Rs. 9,300-Crore Capital Infusion In IDBI Bank

The Cabinet cleared the IDBI Bank recapitalisation plan with a one-time infusion by the government and LIC.
The fund infusion will enable IDBI Bank to return to profitability and normal lending, and give the government the option of recovering its investment at an opportune time, an official statement said. 
The government will provide a one-time recapitalisation of Rs. 4,557 crore to IDBI Bank, Mr Javadekar said, adding that LIC will infuse Rs. 4,743 crore. 
The minister reiterated that as part of the Budget 2019-20, the government provided a support of Rs. 70,000 crore for recapitalisation of public sector banks. 
LIC has a 51 per cent share in IDBI Bank, whereas the remaining 49 per cent stake is with the government.

6. YES BANK partners with Microsoft to reinvigorate its ‘YES ROBOT’ chatbot

YES BANK has partnered with Microsoft to strengthen its first of its kind, Artificial Intelligence (AI) enabled chatbot, YES ROBOT, with advanced NLP engine LUIS (Language Understanding Intelligent Service) and other cognitive services, capable of understanding and resolving the evolving banking needs of customers without the need for human intervention.

7. IRDAI sets up panel to revisit 3 year old trade credit insurance guidelines

Insurance regulator IRDAI has decided to review its three-year old guidelines on trade credit insurance in line with the changing requirements of the market.
Trade credit insurance policy provides coverage to supplier of goods and services against delay in payment or non-payments of trade credit.
The Insurance Regulatory and Development Authority of India (IRDAI) said it has set up a nine-member working group headed by New India Assurance CMD Atul Sahai with an aim to review March 2016 guidelines.

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