Dear Champions, as you all know that a lot of competitive exams have been notified consequently. Candidates have to prepare themselves according to the level of competition and expectation of  the Recruitment board. Regarding that one of the most important topic is Daily Current Affairs. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.

Current affairs are the most dynamic yet scoring among all sections and need to be prepared from the right source. Here, we cafunsta team, providing  Daily GK Updates, Current Affairs Questions, and Monthly  current affairs pdf.

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July 9 | Daily Current Affairs 2021

BANKING AND FINANCE

1. The Asian Development Bank (ADB) approved a loan of how much amount for Sri Lanka to purchase vaccines against the COVID-19 and improve vaccination information, delivery, and monitoring systems?
A) $250 million
B) $350 million
C) $450 million
D) $550 million
E) $150 million
Answer: E) $150 million

• The project is part of ADB’s $9 billion Asia Pacific Vaccine Access Facility (APVAX) launched in December 2020 to offer rapid and equitable vaccine-related support to ADB developing member countries.

World Bank estimates cost of rebuilding Gaza after latest war at $485 mn:

• Rebuilding Gaza after the latest devastating war between Israel and the territory’s militant Hamas rulers will cost up to USD 485 million.
• The report says it will take up to $380 million to repair the physical damage alone, with more required for other recovery needs.
• Israel carried out waves of airstrikes during the 11-day conflict in May and Palestinian militants fired thousands of rockets, most of which were intercepted.
• More than 260 people were killed, the vast majority of them Palestinians.

2. Tata Motors partners which bank to offer finance solutions for passenger vehicles?
A) Kotak Mahindra Bank
B) DBS Bank India
C) HDFC Bank
D) ICICI Bank
E) IndusInd Bank
Answer: E) IndusInd Bank

3. Which Bank signs MOU with Software Technology Parks of India to support start-ups?
A) Kotak Mahindra Bank
B) DBS Bank India
C) HDFC Bank
D) Bank of Baroda
E) IndusInd Bank
Answer: D) Bank of Baroda

• Public Sector lender Bank of Baroda signed a memorandum of understanding (MOU) with Software Technology Parks of India (STPI) and AIC STPINEXT initiatives to support startups across India under its Baroda Startup Banking program.
• Under this program, 15 dedicated startup branches are operational across the major startup hubs viz.
  • Gurugram, Delhi, Noida, Bengaluru, Chennai, Mumbai, Jaipur, Ahmedabad, Pune, Hyderabad, Chandigarh, Lucknow, Kolkata, Indore and Kochi.

SCIENCE AND TECHNOLOGY

4. The government boys high school located in which state will become the first government high school in the country to develop a satellite?
A) Mizoram
B) Andhra Pradesh
C) Kerala
D) Karnataka
E) Tamil Nadu
Answer: D) Karnataka

• The government boys high school located in Stone Building College in Malleshwaram, will become the first government high school in the country to develop a satellite.
• The students of the school will be involved in a programme of developing 75 satellites as part of the 75th Independence Day celebrations which will be held next year.
• Designing and making of the satellite will be done at the school by involving students of a few other government schools.

INTERNATIONAL AFFAIRS

5. Which country, India hold first financial markets dialogue?
A) UK
B) Nepal
C) Maldives
D) China
E) Israel
Answer: A) UK

• The inaugural meeting of the UK-India Financial Markets Dialogue (FMD) took place virtually to deepen bilateral ties in the financial sector, the British High Commission (BHC) said.
• The Dialogue saw government-to-government discussions to strengthen cooperation on four key themes: Gujarat International Finance Tec (GIFT) City; banking and payments; insurance, and; capital markets.
• It was led by senior officials from the UK Treasury and the Indian Ministry of Finance, with participation from independent British and Indian regulatory agencies.

6. Which country and India has signed MoU to promote and strengthen cooperation in the matter of Competition Law and Policy?
A) UK
B) Nepal
C) Maldives
D) China
E) Japan
Answer: E) Japan

• The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the Memorandum on Cooperation (MoC) between the Competition Commission of India (CCI) and Japan Fair Trade Commission (JFTC) to promote and strengthen cooperation in the matter of Competition Law and Policy.
• The approved MoC, through the exchange of information, will enable CCI to emulate and learn from the experiences and lessons of its counterpart competition agency in Japan which would enhance efficiency.
• The same will help improve enforcement of the Competition Act, 2002 by CCI. The resultant outcomes will benefit consumers at large and will promote equity and inclusiveness.

7. BRICS member countries have agreed to a Science, Technology and Innovation (STI)-led BRICS Innovation Cooperation Action Plan (2021-24) proposed by which country?
A) Brazil
B) South Africa
C) Russia
D) India
E) China
Answer: D) India

• India had proposed facilitating sharing of experiences of each other’s innovation ecosystem and networking of innovators and entrepreneurs.
• The details will be worked out by BRICS Science, Technology Innovation Entrepreneurship partnership (STIEP) working group.
• It was agreed that the proposal may be forwarded to BRICS STIEP working group through the respective country’s STI focal point.

NATIONAL AFFAIRS

8. The Union Cabinet has approved a new scheme ‘India COVID-19 Emergency Response & Health System Preparedness Package: Phase-II’ amounting to how much amount for FY 2021-22?
A) Rs. 23,123 crore
B) Rs. 22,123 crore
C) Rs. 25,123 crore
D) Rs. 26,123 crore
E) Rs. 21,123 crore
Answer: A) Rs. 23,123 crore

• Central Share of the ECRP-II –Rs.15,000 crore.
• State Share of the ECRP-II –Rs.8,123 crore.
• With the focus on immediate needs for the next nine months of FY 21-22, to provide support to Central government hospitals/agencies and to State/UT Governments to augment their existing response to the second wave and the evolving pandemic, including at district and sub-district levels in peripheral facilities

9. Bharat Dynamics Limited (BDL) has signed a contract worth about how much amount with the Ministry of Defence for manufacture and supply of Akash Missiles to the Indian Air Force?
A) Rs 299 Crore
B) Rs 199 Crore
C) Rs 499 Crore
D) Rs 599 Crore
E) Rs 699 Crore
Answer: C) Rs 499 Crore

10. Who participated virtually in the G20 High-Level Tax Symposium on tax policy and Climate Change?
A) Dr Harsh Vardhan
B) Nirmala Sitharaman
C) Shri Prahlad Singh Patel
D) Kiren Rijiju
E) Manoj Sinha
Answer: B) Nirmala Sitharaman

11. Who has implemented SPARSH, an integrated system for automation of sanction and disbursement of defence pension?
A) Rajnath Singh
B) Nirmala Sitharaman
C) Shri Prahlad Singh Patel
D) Kiren Rijiju
E) Manoj Sinha
Answer: A) Rajnath Singh

• This web-based system processes pension claims and credits pension directly into the bank accounts of defence pensioners without relying on any external intermediary.
• The Ministry said, a Pensioner Portal is available for pensioners to view their pension related information, access services and register complaints for redressal of grievances.

12. Which state has approved a bill for protecting cattle?
A) Mizoram
B) Andhra Pradesh
C) Kerala
D) Assam
E) Tamil Nadu
Answer: D) Assam

• The Assam Cabinet has approved a bill for protecting cattle, the State’s Parliamentary Affairs Minister Pijush Hazarika said.
• The Assam Cattle Preservation Bill, 2021, will be placed before the State Assembly in the upcoming session. It seeks to replace the existing The Assam Cattle Preservation Act, 1950, that allows the slaughter of cattle above 14 years of age with proper approval by local veterinary officers.
• Three other States — Karnataka, Madhya Pradesh and Uttar Pradesh — have legislations to protect cows.

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