Daily Current Affairs July 19
Table of Contents
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July 19| Daily Current Affairs 2022
Sports – Daily Current Affairs July 19
1. 2028 Olympics is going to be held in Los Angeles this is the __ time the country is hosting Olympics?
A) 1st
B) 4th
C) 2nd
D) 5th
E) 3rd
Answer: E) 3rd
- The 2028 Los Angeles Olympics kicked off a six-year countdown with the announcement of the dates for the Games’ return to the city.
- The opening ceremony will be on July 14.
- The competition will run through July 30.
- The Paralympic Games will be Aug. 15-27.
- Los Angeles previously hosted the Olympics in 1984 and 1932.
2. Ben Stokes announced retirement from ODI cricket, he belongs to which country?
A) England
B) Australia
C) New Zealand
D) West Indies
E) Bangladesh
Answer: A) England
- Star England all-rounder and 2019 Word Cup final hero Ben Stokes made a surprise announcement to retire from ODI cricket.
Obituary – Daily Current Affairs July 19
3. Veteran singer Bhupinder Singh passed away at 82, he belongs to which state?
A) Rajasthan
B) Uttar Pradesh
C) Assam
D) Haryana
E) Punjab
Answer: E) Punjab
- Veteran singer Bhupinder Singh, best known for his songs such as ‘Do DeewaneShaher Mein’ and ‘Hoke MajboorMujheUsneBulayaHoga’, died at the age of 82.
- He belongs to Patiala, Punjab.
Banking and Finance – Daily Current Affairs July 19
4. Government and RBI taken measures to help banks recover bad loans worth over how manylakh crore?
A) 8.2
B) 8.6
C) 8.5
D) 8.4
E) 8.3
Answer: B) 8.6
- Concrete steps taken by the government and RBI helped banks recover bad loans worth over Rs 8,60,369 crore in the last eight financial years, the government informed Parliament.
- These measures complement the statutory provisions already available to lenders for recovery and resolution, including, the Recovery of Debts and Bankruptcy Act, 1993, Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, and Insolvency & Bankruptcy Code, 2016 (IBC).
- The change in credit culture has been effected with the IBC and under it, resolution plans have been approved in 480 cases up to March 2022, with Rs 2.34 lakh crore amount realizable by financial creditors.
- Besides, the Central Repository of Information on Large Credits (CRILC) has been set up by the RBI to collect, store and disseminate credit data to lenders, and banks are required to submit reports on a weekly basis to CRILC in case of any default by borrowing entities with exposure of Rs 5 crore and above.
- Among others, willful defaulters and companies with wilful defaulters as promoters /directors have been debarred from accessing capital markets to raise funds and the jurisdiction of the Debt Recovery Tribunal (DRTs) has been increased from Rs 10 lakh to Rs 20 lakh to enable the DRTs to focus on high-value cases, resulting in higher recovery for the banks and financial institutions.
- Six new DRTs have also been established to expedite recovery.
5. RBI imposed restrictions on how many cooperative banks?
A) 3
B) 1
C) 4
D) 2
E) 5
Answer: D) 2
- The restrictions have been imposed on the two cooperative banks by the Reserve Bank of India in wake of their deteriorating financial positions.
- The restrictions on Sri MallikarjunaPattanaSahakari Bank Niyamita, Maski (Karnataka) and Nashik Zilla GirnaSahakari Bank, Nashik (Maharashtra) will remain in force for six months.
- In the case of Nashik Zilla GirnaSahakari Bank, the RBI said 99.87 per cent of the depositors are fully covered by the Deposit Insurance and Credit Guarantee Corporation (DICGC) insurance scheme.
- Also, 99.53 per cent of the depositors of Sri MallikarjunaPattanaSahakari Bank Niyamitaare are fully covered by the DICGC insurance scheme.
Reserve Bank of India (RBI):
Founded :01/04/1935
RBI Act,1934
HQ :Mumbai
Chairman :ShaktikantaDas
1926 – Hilton Young Commission
1937 – Calcutta to Mumbai
1949 – Nationalisation
Business and Economy – Daily Current Affairs July 19
6. Godrej Consumer Projects will invest how many crores on ecological awareness?
A) 200
B) 50
C) 150
D) 250
E) 100
Answer: E) 100
- Godrej Consumer Products will invest Rs 100 crore over the next three years to spread mass awareness about green lifestyles.
- The brand, which has launched a ready-to-mix body wash aimed at reducing plastic usage, will spend the money to promote better plastic consumption, its managing director and chief executive Sudhir Sitapati.
Godrej Consumer Products:
Founded :2001
HQ : Mumbai
7. How many products will not attract GST when sold loose and prepacked?
A) 15
B) 18
C) 14
D) 20
E) 10
Answer: C) 14
- Nirmala Sitharaman said that certain items including pulses/daal, wheat, rye, oats, maize, rice, aatta/flour, suji/rawa, besan, puffed rice, curd/lassi when sold loose and non pre-packed or pre-labeled, will not attract any GST.
- 5% GST for 25kg.
Appointments – Daily Current Affairs July 19
8. La Ganesan took oath as Bengal governor,he also governor for which state?
A) Manipur
B) Mizoram
C) Meghalaya
D) Arunachal Pradesh
E) Nagaland
Answer: A) Manipur
Company/Country/ State/Organisation/ Financial Institute | Appointed | Succeeded | Tenure Period | Others |
Governor of West Bengal | La Ganesan | Jagdeep Dhankhar | He is also the governor of Manipur | |
WinWire Technologies Board of Directors. | Katy Brown | She is VP of Enterprise Sales, Software & Digital Platforms, leading the National High-Tech Industry Vertical at Microsoft | ||
Poonawalla Fincorp Limited Head of Investor Relations | Hiren Shah | Formerly known as Magma Fincorp. Hiren Shah has extensive experience in Investor Relations, Corporate Finance, M&A, Fund Raising & Capital Markets, and Strategy. He has worked with leading BFSI brands in the country. In his previous role, Hiren was the Head of Investor Relations with Bandhan Bank where he was instrumental in the successful listing process of the bank. Before Bandhan Bank, Hiren was associated with Ujjivan Small Finance Bank and has worked in leading companies across BFSI and Media brands. | ||
Office and Secrecy Member, UPSC | Lt. Gen (Retd) Raj Shukla |
International Affairs – Daily Current Affairs July 19
9. India will invest more amount to which of the following country after crisis support of $3.8 bln?
A) Pakistan
B) Sri Lanka
C) China
D) Nepal
E) Bhutan
Answer: B) Sri Lanka
- India is willing to make more investments in neighbouring Sri Lanka after supporting it with $3.8 billion this year, New Delhi’s envoy in Colombo.
- The idea is to respond to Sri Lanka’s requests for enabling them to meet their foreign exchange crisis.
Sri Lanka:
Capital :Sri Jayawardenepura(legislative), Colombo (executive and judicial)
Currency :Sri Lankan Rupee (LKR)
Prime Minister and acting President : Ranil Wickremesinghe
Language :Sinhala,Tamil
National Affairs – Daily Current Affairs July 19
10. Omega Seiki Mobility opened EV mfg facility atFaridabad,it is the ___ facility in the city?
A) 1st
B) 4th
C) 2nd
D) 5th
E) 3rd
Answer: E) 3rd
- Electric vehicle maker Omega Seiki Mobility announced the opening of a manufacturing facility at Faridabad (Haryana) at an investment of Rs 75 crore.
- The new integrated facility, which is the company’s third plant at its headquarters city and the fourth in all, will have a capacity to produce 15,000 electric three wheelers annually.
- The plans are to scale up the production to 50,000 units in the next three years by investing another Rs 150 crore.
- The new plant will be manufacturing the entire range of OSM’s cargo electric three-wheeler Rage+ as well as passenger e-three wheeler,Stream.
- Recently, the company inaugurated a similar facility in Pune (Maharashtra).
This is Omega Seiki’s third manufacturing plant in Faridabad. - The first facility, which also houses the company’s R&D centre, cargo three wheelers with a production capacity of 7,200 vehicles per annum.
- The second plant has a capacity to produce 12,000 electric two-wheelers per annum.
Haryana:
Capital: Chandigarh
CM: Manohar Lal Khattar
Governor: Bandaru Dattatreya
Language : Hindi
National Park : Sultanpur National Park
Wildlife Sanctuary : Abubsehar WLS
Ramsar Site : Bhindawas Wildlife Sanctuary, Sultanpur National Park
Tiger Reserve :-
Power Station : Rajiv Gandhi Thermal Power Plant
Dams : –
RRB :Sarva Haryana Gramin Bank (PNB)
UNESCO Site : –
11. Telecom subscribers in India increased by how many million in May?
A) 7.1
B) 2.9
C) 4.3
D) 3.4
E) 9.1
Answer: B) 2.9
- The number of telephone subscribers in India increased by 2.92 million to 1,170.73 million at the end of May 2022, data released by the Telecom Regulatory Authority of India.
- In urban areas, the number of subscribers increased by 0.8 per cent to 647.81 million, whereas in rural areas it rose by 2.1 per cent to 522.92 million, data showed.
- As on May 31, 2022, the private telecom service providers held 89.87 per cent market share of the wireless subscribers whereas BSNL and MTNL, the two PSU service providers, had a market share of only 10.13 per cent.
- Bharti Airtel added 1.02 million wireless subscribers during the month, whereas Reliance Jio added around 3.1 million subscribers.
- On the contrary, Vodafone Idea lost 759,258 subscribers.
Telecom Regulatory Authority of India:
Formed :20/02/1997
HQ : New Delhi
Chairman : Dr PD Vaghela
12. Centre had given nod to how many cities and town for renaming?
A) 5
B) 12
C) 7
D) 6
E) 10
Answer: C) 7
- The Centre has given its nod for renaming seven cities and towns, including Allahabad to Prayagraj, in the last five years, the Lok Sabha.
- Union Minister of State for Home Nityanand Rai also said a proposal has been received from the West Bengal government for renaming the state as ‘Bangla’ in all three languages — Bengali, English and Hindi.
- While the No Objection Certificate (NOC) to change the name of Allahabad in Uttar Pradesh to Prayagraj was given on December 15, 2018, the NOC for changing the name of Rajahmundry city in Andhra Pradesh to Rajamahendravaram was given on August 3, 2017.
- Approval for changing the name of Nagar Untari in Jharkhand to Shri Banshidhar Nagar was given in August, 2018.
- The clearance was also given to change the names of Birshingpur Pali, Hoshangabad Nagar and Babai city — all three in Madhya Pradesh — to Maa Birasini Dham (2018), Narmadapuram (2021) and Makhan Nagar (2021), respectively.
- Approval to change the name of Punjab’s Shri Hargobindpur city to Shri Hargobindpur Sahib was given in March 2022.
Ministry of Home Affairs:
Union Minister :Amit Shah (Gandhinagar,Gujarat)
Minister of State :Nityanand Rai (Uijiyarpur,UP), NisithPramanik(Cooch Behar,WB), Ajay Kumar Mishra (Kheri,UP)
13. Centre will provide how many crores financial support for Smart Cities Mission?
A) 48000
B) 31000
C) 29000
D) 54000
E) 67000
Answer: A) 48000
- The Centre will provide Rs 48,000 crore financial support for the development of smart cities in the country, Minister of State for Housing and Urban Affairs Kaushal Kishore.
- The Centre launched the Smart Cities Mission (SCM) on June 25, 2015.
- A hundred cities have been selected to develop as Smart Cities through 4 rounds of competition from January 2016 to June 2018.
- As per the Smart Cities Mission (SCM) guidelines, the central government will provide financial support to the extent of Rs 48,000 crore over five years i.e., on an average Rs 100 crore per city per year.
- As on July 8, 2022, the Government of India has released Rs 30,751.41 crore for 100 smart cities, out of which Rs 27,610.34 crore (90 per cent) has been utilised.
- As on July 8, 2022, these Smart Cities have tendered out 7,822 projects worth Rs 1,90,660 crore; work orders have been issued in 7,649 projects worth Rs 1,80,996 crore and 4,085 projects worth Rs 66,912 crore have been completed.
- The period of implementation of SCM is upto June 2023 and all Smart Cities are expected to complete their projects within the stipulated time.
Ministry of Housing and Urban Affairs:
Union Minister :Hardeep Singh Puri (Rajya Sabha MP,UP)
Minister of State :Kaushal Kishore (Mohanlalganj,UP)
14. Govt to form ___ member panel for MSP?
A) 24
B) 20
C) 15
D) 26
E) 25
Answer: D) 26
- The government has notified a committee to make “more effective and transparent” Minimum Support Price (MSP), eight months after it promised to set up such a panel while withdrawing the three contentious farm laws.
- The panel, headed by former agriculture secretary Sanjay Agrawal, will have 26 members including farmer representatives, agri-scientists and agri economists as well as officials from central and state government.
15. Bharatmala Project to develop over ____ km in NH?
A) 15000
B) 30000
C) 25000
D) 10000
E) 20000
Answer: B) 30000
- The Centre’s long in-the-works Bharatmala Project – an ambitious plan to develop over 30,000 km in national highways – is seeing time and costs rise, according to a new report.
- According to the Icra authored report, the project is likely to be complete in FY28, a six year delay from the original timeline.
- As it stands, the cost of the project has already risen by 99% to Rs 10.63 lakh crore and is poised to see another 15-20% increase.
- First announced in July 2015, the project was originally estimated to cost the country Rs 5.35 lakh crore to develop 24,800 km of national highways and a residual 10,000 km of highways pending under the erstwhile National Highway Development Programme by FY22.
Bharatmala Project:
Established :31/07/2015
Under :Ministry of Road Transport and Highway
16. Drought-resistant and Genome-Edited rice strain for Kharif seaeson to be available for field evaluation by Which year?
A) 2024
B) 2026
C) 2023
D) 2025
E) 2022
Answer: A) 2024
- A drought-resistant and Genome-Edited rice strain will be available for field evaluation by Kharif 2024 and for general cultivation during 2026.
- He informed that the Indian Agriculture Research Institute has developed the drought-resistant and salinity-tolerant rice strain by genome-editing technology and a budget of 98.05 lakh rupees has been sanctioned for the same.
- He further informed that the Ministry of Environment and Department of Biotechnology have given the relevant sanctions for the filed evaluation during the Kharif 2024.
Ministry of Agriculture and Farmers Welfare:
Union Minister :Narendra Singh Tomar(Morena,MP)
Minister of State :Shobha Karandlaje(Udupi Chikmagalur,Karnataka),Kailash Choudhary (Barmer,Rajasthan)
17. Jawaharlal Nehru Port becomes first 100 per cent Landlord Major Port of India, it is located at which city?
A) Kochi
B) Tuticorin
C) Mumbai
D) Visakhapatnam
E) Kolkata
Answer: C) Mumbai
- Jawaharlal Nehru Port has become the first 100 per cent Landlord Major Port of India having all berths being operated on PPP model.
- Expressing his views on the achievement, Ports, Shipping and Waterways Minister SarbanandaSonowa lsaid, this project will improve the utilization in crane and berth productivity of the terminal.
- The total handling of JNPT will increase to 1.8 million Twenty-foot Equivalent Units (TEUs) from the present handling capacity of 1.5 million TEUs in 2020-21.
- The Minister said terminal will also be handling Ro-Ro vessels which will not only lower the logistics cost and reduce transit time but will also contribute in reducing congestion on roads and promoting towards clean environment.
Ministry of Ports, Shipping and Waterways:
Union Minister :SarbanandaSonowal(Rajya Sabha MP,Assam)
Minister of State :Shripad Yesso Naik (North Goa,Goa), Shantanu Thakur (Bangaon,WB)
18. Which anniversary of Kargil Diwas Day observed on 26 July?
A) 25th
B) 22nd
C) 24th
D) 20th
E) 23rd
Answer: E) 23rd
- In Ladakh, to celebrate the 23rd Kargil Vijay Diwas, Indian ultra-distance runner Sufiya Sufi, in association with Indian Army, is doing a Tribute run to pay homage to the Kargil War Brave hearts.
- The 470 Kilometres long run was flagged-off from Siachen War Memorial (Base Camp).
- It will culminate on 23rd July at the Kargil War Memorial, Drass.
- Sufiya, accompanied by her support team, will tackle the tough terrain including some of the highest passes of the world and hostile climatic conditions of Ladakh.
- As per a Press Note Sufiya is a world record-holding professional ultra-marathon & long-distance runner from district Ajmer, Rajasthan.
- She has achieved three world records for India in ultra-distance running viz, the World Record of fastest 4000 Kilometres run from Kashmir to Kanyakumari, fastest run of 6000 Kilometres (The Indian Golden Quadrilateral Road Run Challenge) and fastest run of 480 Kilometres on world’s toughest route from Manali to Leh.
19. No plan to cut fisheries subsidies following WTO deal, WTO founded in which year?
A) 1998
B) 1990
C) 1999
D) 1995
E) 1996
Answer: D) 1995
- The Union government has no plan to bring down fisheries subsidies, Minister of Fisheries, Animal Husbandry and Dairying ParshottamRupala.
- The statement came in reply to a question pertaining to whether the fisheries subsidies agreement signed by India at the World Trade Organization last month in Geneva may have an impact on the fisheries subsidies given by India.
- The minister clarified that the marine capture fisheries in the country are mostly small-scale in nature and that there is no large-scale industrial fishing happening in the country.
- Besides, there are no large private companies or corporations engaged in large-scale fishing activities in the country.
Ministry of Fisheries, Animal Husbandry and Dairying:
Union Minister :ParshottamRupala(Rajya Sabha MP,Gujarat)
Minister of State :Sanjeev Balyan(Muzaffarnagar,UP), L Murugan(Rajya Sabha MP,MP)
Over All Review
Sports
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Obituary
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Banking and Finance
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Business And Economy
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Appointments
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International Affairs
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National Affairs
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