Days in Focus
Economy
- On 3 August 2019, the Reserve Bank of India (RBI) has imposed penalties on these four PSBs for non-compliance with its directions relating to reporting of frauds - SBI (Rs. 50 lakh), PNB (Rs. 50 lakh), BoB (Rs 50 lakh), OBC (Rs 1.5 crore).
International
- The 8th RCEP Inter-sessional Ministerial meeting held in - Beijing, China.
- Miss World Diversity 2019 - Naaz Joshi (India's transsexual woman).
- First position at the World Schools Debating Championships (WSDC) 2019 in Bangkok – Indian team (Tejas Subramaniam - 'Best speaker in the world').
Persons in News
- Person, who received an honorary Academy Award in 2013, has died on 1 August - Donn Alan Pennebaker.
- Person who was Telugu film ‘O Seetha Katha’ actor, passed away on 2 August 2019 - Devadas Kanakala.
Sports
- Winner of the singles final of the ‘eNoah-iSolution men's AITA ranking tournament 2019’ in Chennai - Mohammed Fahad.
General Knowledge
- Regional Comprehensive Economic Partnership (RCEP) negotiations were formally launched in - 2012.
- The world's largest economic bloc, covering nearly half of the global economy - Regional Comprehensive Economic Partnership (RCEP).
- All India Tennis Association (AITA) was established in - 1920.
- State Bank of India (SBI) was founded in – 1955 (1 July).