Current Affairs by Kush Pandey: July 26th 2024 PDF

Current Affairs by Kush Pandey: July 26th 2024 E. Amit Chaturvedi Ans: B 5. According to the MoS Kirti Vardhan Singh...

Current Affairs by Kush Pandey: July 26th 2024 E. Amit Chaturvedi Ans: B 5. According to the MoS Kirti Vardhan Singh, the total area of forest is __________ (%), under the India State of Forest Report (ISFR), published in 2021. A. 21.71% B. 20.12% C. 22.91% D. 27.17% E. 20.22% Ans: A Banking & Finance 1. SEBI study finds that 7 out of 10 individual intraday traders in equity cash segment make losses  Study by: Securities and Exchange Board of India (SEBI)  Period: FY2022-23  Comparing year: 2018-19 Revision Questions  Finding: More than 70% (7 out of 10) of 1. Name the Indian cricketer, who will launch its individual intraday traders in the equity cash Sportswear Brand in partnership with FanCode segment have incurred losses Shop?  The surge of over 300% in the number of A. Virat Kohli individuals participating in intraday trading B. Rohit Sharma in the equity cash segment in FY 2022-23 C. Hardik Pandya  Share of young intraday traders (age less than D. M S Dhoni 30 years) has grown to 48%. E. Surya Kumar Yadav  The percentage of loss-makers among Ans: C younger traders (age less than 30 years) was higher (76% in FY 2022-23) as compared to 2. NTPC Vidyut Vyapar Nigam Limited (NVVNL) other age groups. signed an agreement with the Municipal 2. Net credit card additions down to 2 mn due to Corporations of Gurugram and _________ to set up two seasonal, regulatory factors waste-to-charcoal plants, also known as green coal  Data by: Reserve Bank of India (RBI) plants, with a cost of ₹500 crore each. A. Faridabad  Period: April-June quarter of FY25 B. Noida  The net credit card additions during the stood C. Ghaziabad at 2 million, which is 48% lower than 3.9 D. Meerut million in the December-March quarter of E. Gorakhpur FY24. Ans: A  Reason: Regulatory factors  Example: 3. C.T. Kurien, who passed away, was a distinguished  Increase in risk weight norms and directions ____________.  Restricted Federal Bank, and South Indian A. Economist Bank from issuing new co-branded credit B. Writer cards, citing regulatory deficiencies. C. Director D. Politician E. Scientist Ans: A 4. Who among the following has been elected as the 67th President of the Institute of Cost Accountants of India (ICMAI)? A. Srinivasa Prasad B. Bibhuti Bhusan Nayak C. Pawan Munjal D. Suryakant Bhisnoi  Current Affairs by Kush Pandey: July 26th 2024 3. RBI dividend helps Centre trim fiscal deficit to  Meta AI is now available in seven new 4.9% languages, including Hindi.  Budget 2024-25:  Meta AI: WhatsApp, Instagram, Messenger  Total receipts other than borrowings and Facebook (Estimated for 2024-25): ₹32.07 lakh crore  New languages: Hindi, Hindi-Romanized  Total expenditure (Estimated for 2024-25): Script, French, German, Italian, Portuguese, ₹48.21 lakh crore and Spanish  Fiscal deficit:  Meta AI is now available in 22 countries.  Estimated for 2024-25: 4.9% of GDP (estimated amount: ₹25.83 lakh crore) 3. Hindustan Zinc launches Asia's first low-carbon  Note: 5.1% projected in the interim Budget in zinc brand, EcoZen February 2024  Target for 2025-26: 4.5% of GDP  Launch of: EcoZen (Asia's first low-carbon  For 2023-24: 5.6% of GDP green zinc brand)  In May 2024, the RBI approved a dividend of  Launched by: Hindustan Zinc (HZL) ( India’s ₹2.11 trillion for the Central government for largest zinc producer) FY24 (a massive 141% higher than in FY23).  Owned by: Vedanta  Conclusion: Reserve Bank of India (RBI)  Aim: To meet the growing demand for dividend held the government to trim sustainable and environmentally friendly borrowings as well as additional funds for materials, particularly in the automotive development and welfare schemes, which sector. reduced the fiscal deficit from 5.1% (Projected in February 2024) to 4.9% of GDP  The carbon footprint of EcoZen is about 75 (Full Budget 2024-25). per cent lower than the global average. 4. Tech platform on cards to improve bankruptcy  The use of EcoZen in galvanising one tonne of case outcomes steel is expected to avoid around 400  Announcement of Launch: Integrated kilograms of carbon emissions. technology platform  This initiative aligns with HZL's goal of  Reason: Debt Solution achieving net-zero emissions by 2050.  Beneficiary: All stakeholders of distressed companies including the Insolvency and 4. Israeli Parliament Approves Bill to Label Bankruptcy Board of India (IBBI), lenders, UNRWA as a Terror Organization and tribunals, for the quick, uniform, and efficient rescue of companies.  The Israeli Knesset has approved a bill to  Additional tribunals will be established and designate the United Nations Relief and some of them will exclusively handle cases Works Agency for Palestinian Refugees under the Companies Act. (UNRWA) as a terrorist organization.  At present, the National Company Law  This move proposes severing relations with Tribunal takes up cases under the Companies the agency, which Israel accuses of Act as well as the IBC. collaborating with Hamas and other militant International groups in Gaza. 1. Wealth of global top 1% grew by $42 trillion over past decade National 1. Google Maps unveils new AI-driven features for  Study by: Oxfam International Indian users  The top 1% has seen its wealth soar by $42  Unveiling: AI-driven features in Google Maps trillion over the past decade.  Beneficiary: Indian Users  Nearly 34 times more than the bottom 50% of  Features: Navigating narrow roads and the global population. flyovers, Locating EV charging stations, and  The report is released ahead of the G20 Booking metro tickets. finance ministers and central bank  Google Maps has collaborated with ONDC and governors’ meeting in Brazil. Namma Yatri to support metro ticket bookings in Kochi and Chennai.  Despite this, billionaires globally have been 2. India, UK launch Technology Security Initiative paying taxes amounting to less than 0.5 per  Launch of: Technology Security Initiative cent of their wealth.  Launched by: India and The United Kingdom 2. Meta AI available in Hindi, 6 other new  Led by: National Security Advisor languages  Event of announcement: During UK Foreign  Current Affairs by Kush Pandey: July 26th 2024 Secretary David Lammy's visit.  Acquired by: Mankind Pharma  Aim: To enhance strategic partnership  Close deal: Rs 13,630 crore  The initiative will prioritize critical and  The company was set up in 1971 with Vinod emerging technologies, with progress Daftary opening a blood bank and eventually reviewed biannually. launching an injectable for expecting  A bilateral mechanism to promote tech trade mothers. will be established, addressing licensing and 2. Hyundai ties up with Charge Zone for charging regulatory issues. infrastructure for EV 3. 47.8 million rural citizens certified as digitally  MoU between: Hyundai and Charge Zone literate under PMGDISHA  Reason: To set up charging infrastructure for  Under the Pradhan Mantri Gramin Digital electric vehicles. Saksharta Abhiyan (PMGDISHA) which  Aim: To install DC 60 kW fast chargers across concluded on March 31, 2024, 47.8 million 100 Hyundai dealerships in India. people in rural households were certified as 3. IOA ropes in BPCL as principal sponsor for digitally literate. four years  The Ministry of electronics and Information  The Indian Olympic Association (IOA) has Technology informed. named Bharat Petroleum Corporation  Under this scheme, people are trained how to Limited (BPCL) as its official principal operate digital devices (computers, tablets, sponsor for four years, starting with the Paris smartphones), to use internet in daily life, to Olympics till the 2028 Los Angeles Games. perform digital transactions, and to access  The collaboration between BPCL, a digital government, healthcare and financial Maharatna company, and IOA will also services. encompass the Commonwealth Games, Asian 4. Nepal, Sri Lanka, Seychelles get more funds Games, Summer Youth Olympics, Winter under Budget allocation for MEA Olympics, and Winter Youth Olympics.  India-funded projects in the neighborhood State received the bulk of the allocation for the 1. Adani Green Energy commissions 250 MW Ministry of External Affairs (MEA) under the wind power project in Khavda, Gujarat Union Budget presented by Finance Minister  Commission: 250 MW wind power project Nirmala Sitharaman.  Commissioned by: Adani Green Energy o Nepal – ₹700 crore  Location: Khavda, Gujarat o Sri Lanka – ₹245 crore  The plant has India's largest and one of the o Seychelles – ₹30 crore world's most powerful on-shore wind turbine o Bhutan – ₹2,068.56 crore of 5.2 MW capacity. o Myanmar – ₹250 crore  With this development, the total operational o Mauritius – ₹370 crore capacity at Khavda is 2,250 MW. o Mongolia – ₹5 crore 2. Humayun Museum will be open in Delhi o Bangladesh – ₹80 crore  Humayun Tomb World Heritage Site Museum o Afghanistan – ₹200 crore  Location: New Delhi o Maldives – ₹400 crore  Area: 100,000 sq ft Defence  Launch Date: July 29 1. Goa Shipyard Launches First Indigenous  Launch by: Tourism and culture minister P1135.6 Frigate ‘Triput’ Gajendra Singh Shekhawat  Goa Shipyard Ltd (GSL) successfully launched  Facility owned by the Archaeological Survey the first indigenous P1135.6 Frigate, named of India (ASI) Triput.  Designed and built by the Aga Khan Trust for  This marks the first time these vessels are Culture. being constructed indigenously in India.  The funds came from the tourism ministry  Triput is the first of two P1135.6 Class and the Aga Khan Trust for Culture Frigates being built at GSL.  Construction and exhibition are supported by  The 124-meter-long ship can reach speeds of some embassies and entities from corporate 28 knots at a displacement of approximately India. 3200 tonnes and is equipped with advanced 3. Telangana Launches TB-Free Model state-of-the-art weaponry and sensors.  Telangana has launched Project Swasthya MoUs 1. Mankind Pharma acquires Bharat Serums and Nagaram, a unique initiative to create TB-free municipalities. Vaccines  This model, implemented in Peerzadiguda,  Acquisition of: Bharat Serums and Vaccines Boduppal, and Pocharam over three years.  Current Affairs by Kush Pandey: July 26th 2024 Important Dates 2. Shah Rukh Khan, First Indian Actor, Honoured 1. World IVF Day 2024 With Gold Coins  Observing Date: 25th July  Reason: Celebrates the birth of Louise Brown,  Bollywood superstar Shah Rukh Khan has the first test tube baby ever, in 1978. been honoured with customised gold coins by  An outcome of the hard work and the Grevin Museum in Paris. commitment of Dr. Robert Geoffer Edwards,  Shah Rukh is the first Indian actor to have Dr. Patrick Christopher Steptoe, and Nurse gold coins in his name at the museum. Jean Marian Purdy.  Nobel Prize to Dr. Edwards in 2010 for his Sports invention of IVF. 1. IOC Elects Salt Lake City-Utah 2034 As Olympic 2. World Drowning Prevention Day 2024 And Paralympic Winter Games Host  Date: July 25, 2024  Salt Lake City in Utah state of the USA will  Theme 2024: Anyone can drown, no one should host the Winter Olympics and Paralympics Games in 2034. The decision was taken by the Appointment IOC Members during the 142nd IOC Session 1. Ronald L. Rowe Jr. Named Acting Chief of US in Paris here on July 24. Secret Service News Connector  Ronald L. Rowe Jr. has been appointed as the acting chief of the US Secret Service following  SEBI study finds that 7 out of 10 individual the resignation of Kimberly Cheatle. intraday traders in equity cash segment make  Cheatle stepped down after the Secret Service losses faced criticism for a significant security lapse  Net credit card additions down to 2 mn due to during an attempted assassination of former seasonal, regulatory factors President Donald Trump. 2. Ajinkya Naik Elected as the Youngest MCA  RBI dividend helps Centre trim fiscal deficit to President 4.9%  Ajinkya Naik has been elected as the youngest  Tech platform on cards to improve president of the Mumbai Cricket Association, bankruptcy case outcomes defeating Sanjay Naik by 107 votes.  Wealth of global top 1% grew by $42 trillion  Naik, who previously served as MCA over past decade Secretary.  Meta AI available in Hindi, 6 other new Obituaries languages 1. John Mayall: Pioneer of British blues dies aged  Hindustan Zinc launches Asia's first low- 90 carbon zinc brand, EcoZen  John Mayall, the British blues legend, has  47.8 million rural citizens certified as passed away at the age of 90.  He played a crucial role in shaping the rock digitally literate under PMGDISHA landscape of the 1960s.  Google Maps unveils new AI-driven features  Mayall, a revered singer and multi- for Indian users instrumentalist often hailed as "the godfather  India, UK launch Technology Security of British blues," was known for his open- Initiative door approach.  Mankind Pharma acquires Bharat Serums Awards and Vaccines 1. Rahaab Allana Honored with French Arts and  Hyundai ties up with Charge Zone for Letters Insignia charging infrastructure for EV  Curator and author Rahaab Allana has been  Adani Green Energy commissions 250 MW awarded the insignia of Officier dans l’Ordre wind power project in Khavda, Gujarat des Arts et des Lettres by the French  Humayun Museum will be open in Delhi government.  World IVF Day 2024  The prestigious honor recognizes individuals  John Mayall: Pioneer of British blues dies who have made significant contributions to aged 90 art, culture, and literature, or who have influenced the global arts landscape.