Daily Current Affairs July 22

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 July 22. 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 22 | Daily Current Affairs 2024

Sports – Daily Current Affairs July 22

1. Who were the first two exponents from Asia to be inducted into the International Tennis Hall of Fame?
A) Rohan Bopanna and Sania Mirza
B) Mahesh Bhupathi and Rohan Bopanna
C) Leander Paes and Vijay Amritraj
D) Sania Mirza and Leander Paes
E) Vijay Amritraj and Mahesh Bhupathi
Answer: C) Leander Paes and Vijay Amritraj

Event and Location:

• Event: Induction into the International Tennis Hall of Fame
• Location: United States

Mandates and Objectives:

• International Tennis Hall of Fame: Recognizes the achievements and contributions of the greatest players and contributors to the sport of tennis.
• Leander Paes: Inducted in the ‘Player Category’ for his exceptional career achievements in tennis.
• Vijay Amritraj: Inducted in the ‘Contributor Category’ for his significant impact and contributions to tennis.

Important Terms Explained:

• International Tennis Hall of Fame: An organization that honors tennis players and contributors who have greatly impacted the sport.
• Player Category: Honors players who have achieved significant success and recognition in their tennis careers.
• Contributor Category: Recognizes individuals who have made substantial contributions to the development and promotion of tennis.

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2. Who has been appointed as the new head coach of the Indian men’s football team?
A) Igor Stimac
B) Kalyan Chaubey
C) Manolo Marquez
D) Sergio Lobera
E) Owen Coyle
Answer: C) Manolo Marquez

Event and Location:

• Event: Appointment of the new head coach of the Indian men’s football team
• Location: India

Mandates and Objectives:

• Manolo Marquez: Appointed as the new head coach of the Indian men’s football team.
• AIFF: Announced Marquez’s appointment, highlighting his extensive experience and achievements in coaching.
• Transition: Marquez will continue coaching FC Goa until the end of the ISL 2024-25 season before assuming his national team role full-time.

Important Terms Explained:

• All India Football Federation (AIFF): The governing body of football in India responsible for overseeing the development and promotion of the sport.
• Indian Super League (ISL): A professional football league in India where FC Goa competes.
• Head Coach: The primary individual responsible for training and managing a football team.

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3. How much financial support is BCCI providing to the Indian contingent for the Paris Olympics 2024?
A) Rs 10 crore
B) Rs 7.5 crore
C) Rs 8.5 crore
D) Rs 5 crore
E) Rs 6.5 crore
Answer: C) Rs 8.5 crore

Event and Location:

• Event: BCCI’s financial support for the Indian contingent at the Paris Olympics 2024
• Location: India

Mandates and Objectives:

• BCCI’s Support: Board of Control for Cricket in India (BCCI) announced a financial grant of Rs 8.5 crore to the Indian Olympic Association (IOA) for the Paris Olympics 2024 campaign.
• Jay Shah’s Announcement: BCCI Secretary Jay Shah announced the support via Twitter, expressing pride and wishing the athletes success.

Important Terms Explained:

• BCCI (Board of Control for Cricket in India): The governing body for cricket in India, responsible for the organization and regulation of the game in the country.
• IOA (Indian Olympic Association): The body responsible for selecting athletes to represent India at the Olympic Games and other international athletic meets.
• Paris Olympics 2024: The upcoming Summer Olympic Games to be held in Paris, France.

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Obituary – Daily Current Affairs July 22

4. Who recently passed away and was a Padma Shri Awardee for her contribution to agriculture?
A) Sudha Murthy
B) Kamala Pujari
C) Medha Patkar
D) Vandana Shiva
E) Sunita Narain
Answer: B) Kamala Pujari

Event and Location:

• Event: Passing away of Padma Shri Awardee Kamala Pujari
• Location: New Delhi, India

Mandates and Objectives:

• Kamala Pujari: Known for her monumental contributions to agriculture, particularly in organic farming and protecting indigenous seeds.
• Prime Minister Narendra Modi’s Tribute: Highlighted her work in enriching sustainability, protecting biodiversity, and empowering tribal communities.
• Other Tributes: Union Ministers Piyush Goyal and Kiren Rijiju also expressed their condolences, acknowledging her preservation of indigenous knowledge and sustainable practices.

Important Terms Explained:

• Padma Shri Award: The fourth highest civilian award in India, recognizing distinguished contributions in various fields.
• Organic Agriculture: Farming system that uses ecologically based pest controls and biological fertilizers derived largely from animal and plant wastes.
• Indigenous Seeds: Traditional seeds native to a particular region, maintained and preserved by local communities.

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Banking and Finance – Daily Current Affairs July 22

5. Which bank launched the ‘Wrestle for Glory’ program in collaboration with Inspire Institute of Sport?
A) HDFC Bank
B) ICICI Bank
C) IndusInd Bank
D) State Bank of India
E) Axis Bank
Answer: C) IndusInd Bank

Event and Location:

• Event: Launch of ‘Wrestle for Glory’ program
• Location: Mumbai, India

Mandates and Objectives:

• Wrestle for Glory: A CSR initiative by IndusInd Bank in collaboration with Inspire Institute of Sport (IIS) aimed at empowering 50 talented female wrestling athletes from across India.
• Inspire Institute of Sport (IIS): High-performance Olympic training facility headquartered in Vijayanagar, Bellary.
• Support Provided: Fully-funded scholarships, top-tier training facilities, expert coaching, comprehensive sports science resources, cutting-edge equipment, nutritional support, educational assistance, and a supportive ecosystem.

Important Terms Explained:

• CSR (Corporate Social Responsibility): Business practices involving initiatives that benefit society.
• Inspire Institute of Sport (IIS): A high-performance training facility focused on nurturing athletic talent.
• IndusInd For Sports: A non-banking sports vertical of IndusInd Bank established in 2016 to promote sports diversity, differentiation, and excellence.

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6. Which companies have partnered to broaden the distribution of non-life insurance products?
A) HDFC and ICICI
B) SBI and LIC
C) Tata AIG and Mahindra Finance
D) Axis Bank and Max Life
E) Bajaj Allianz and Kotak Mahindra
Answer: C) Tata AIG and Mahindra Finance

Event and Location:

• Event: Partnership to broaden the distribution of non-life insurance products
• Location: India

Mandates and Objectives:

• Tata AIG and Mahindra Finance Partnership: A strategic agreement to improve the distribution of Tata AIG’s non-life insurance products through Mahindra Finance’s extensive customer network.
• Objectives:
  • For Tata AIG: Enhance accessibility to their general insurance products, including motor, health, personal accident, and other non-life insurance solutions.
  • For Mahindra Finance: Expand its offerings to include a broader range of financial products, thus providing a more comprehensive financial solution to its customers.

Important Terms Explained:

• Non-Life Insurance: Insurance policies that provide protection against risks other than life, such as health, motor, personal accident, and property insurance.
• Customer Network: The extensive customer base of Mahindra Finance, consisting of over 10 million customers.
• Strategic Partnership: A formal alliance between two companies to leverage each other’s strengths and expand their market reach.

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7. Which bank launched a Generative AI-powered virtual relationship manager and credit line on UPI?
A) HDFC Bank
B) ICICI Bank
C) Bank of Baroda
D) State Bank of India
E) Axis Bank
Answer: C) Bank of Baroda

Event and Location:

• Event: Launch of Generative AI-powered virtual relationship manager (VRM) and credit line on UPI
• Location: Mumbai, India

Mandates and Objectives:

• Generative AI-powered VRM: Enhances digital customer service by providing real-time information on the bank’s products and services, assisting with everyday banking needs, and supporting multiple languages through video, audio, and chat interfaces.
• Credit Line on UPI: Enables customers to access pre-sanctioned credit lines through UPI, starting with the Baroda Kisan Credit Card (BKCC).

Important Terms Explained:

• Generative AI-powered Virtual Relationship Manager (VRM): An AI-driven tool that offers real-time information on banking products and services, helping customers with account statements, cheque book requests, and other banking needs.
• UPI (Unified Payments Interface): A real-time payment system developed by the National Payments Corporation of India facilitating inter-bank transactions.
• Baroda Kisan Credit Card (BKCC): A credit card designed for farmers to provide them with the necessary credit for agricultural needs.

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8. How much funding did SIDBI receive from the Green Climate Fund (GCF) to create a corpus for green financing?
A) $150 million
B) $215.6 million
C) $240 million
D) $300 million
E) $200 million
Answer: B) $215.6 million

Event and Location:

• Event: SIDBI to build a $1 billion fund for green financing
• Location: India

Mandates and Objectives:

• SIDBI’s Fund Creation: Small Industries Development Bank of India (SIDBI) is set to create a $1 billion corpus for financing mitigation and adaptation projects (FMAP) for MSMEs.
• Green Climate Fund (GCF) Contribution: Approved funding of $215.6 million, including a $200 million loan and $15.6 million grant for capacity building.
• Objective: To promote low-emission, climate-resilient technologies among MSMEs.

Important Terms Explained:

• Green Climate Fund (GCF): The world’s largest dedicated climate fund, operating under the UNFCCC, supporting projects that reduce greenhouse gas emissions and enhance climate resilience.
• FMAP (Financing Mitigation and Adaptation Projects): A facility providing concessional loans for projects such as renewable energy, energy efficiency, energy storage, and e-mobility.
• MSMEs (Micro, Small, and Medium Enterprises): Businesses that play a crucial role in the Indian economy, often in need of financial and technological support.

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Appointments – Daily Current Affairs July 22

9. Who has been appointed as the brand ambassador for MotoGP in India?
A) Virat Kohli
B) Shikhar Dhawan
C) Rohit Sharma
D) MS Dhoni
E) Hardik Pandya
Answer: B) Shikhar Dhawan

Event and Location:

• Event: Appointment of brand ambassador for MotoGP India.
• Location: India.

Mandates and Objectives:

• MotoGP India: Appointed Shikhar Dhawan as the brand ambassador to ignite passion for racing and inspire fans.
• Campaign ‘Face Kar Race Kar’: Launched to celebrate resilience and motivate fans to conquer challenges.
• Eurosport India: Partnered with Warner Bros. Discovery to expand the reach of MotoGP in India.
• Yamaha: Onboarded as the title sponsor to promote MotoGP across India.

Important Terms Explained:

• MotoGP: The premier class of motorcycle road racing events held on road circuits sanctioned by the Fédération Internationale de Motocyclisme (FIM).
• Eurosport India: A sports channel owned by Warner Bros. Discovery, broadcasting various sports events.
• Warner Bros. Discovery: A global media and entertainment company that provides content across various platforms.
• Yamaha: A well-known manufacturer of motorcycles and other motor vehicles, with a strong racing heritage.

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International Affairs – Daily Current Affairs July 22

10. Who inaugurated the 46th Session of the World Heritage Committee at Bharat Mandapam, New Delhi?
A) Amit Shah
B) Rajnath Singh
C) Narendra Modi
D) S. Jaishankar
E) Gajendra Singh Shekhawat
Answer: C) Narendra Modi

Event and Location:

• Event: Inauguration of the 46th Session of the World Heritage Committee
• Location: Bharat Mandapam, New Delhi

Mandates and Objectives:

• World Heritage Committee: Meets annually to manage all matters on World Heritage and decide on sites to be inscribed on the World Heritage list.
• India’s Commitment: Promoting global cooperation and engaging local communities in heritage conservation efforts.
• Prime Minister’s Address: Emphasized India’s ancient heritage, the return of artifacts, and the vision of “development as well as heritage” (Vikas bhi Virasat bhi).

Important Terms Explained:

• World Heritage Committee: Responsible for managing World Heritage matters and deciding on new sites to be inscribed on the World Heritage list.
• UNESCO: United Nations Educational, Scientific and Cultural Organization, focuses on building peace through international cooperation in education, the sciences, and culture.

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National Affairs – Daily Current Affairs July 22

11. Who presented the Economic Survey 2023-24 in the Lok Sabha?
A) Piyush Goyal
B) Amit Shah
C) Nirmala Sitharaman
D) Rajnath Singh
E) Narendra Modi
Answer: C) Nirmala Sitharaman

Event and Location:

• Event: Presentation of the Economic Survey 2023-24
• Location: Lok Sabha, India

Mandates and Objectives:

• Economic Survey Presentation: Union Finance Minister Nirmala Sitharaman presented the Economic Survey 2023-24, which reviews the performance of the Indian economy over the past year and provides an outlook for the upcoming year.
• SEBI Reforms: Emphasized the forthcoming SEBI-related reforms aimed at improving the ease of doing business and ensuring the comfort of all stakeholders.

Important Terms Explained:

• Economic Survey: An annual document presented by the Ministry of Finance, reviewing the developments in the Indian economy over the past fiscal year and providing a detailed analysis of the performance of major development programs and an outlook for the future.
• SEBI (Securities and Exchange Board of India): The regulator for the securities and commodity market in India, responsible for protecting the interests of investors and regulating the securities market.

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12. Who laid the foundation stone for 17 sites of Shramik Basera Yojana?
A) Narendra Modi
B) Kalyan Chaubey
C) Bhupendra Patel
D) Balwantsinh Rajput
E) Piyush Goyal
Answer: C) Bhupendra Patel

Event and Location:

• Event: Foundation stone laying for 17 sites of Shramik Basera Yojana
• Location: Gujarat, India (Ahmedabad, Gandhinagar, Vadodara, and Rajkot)

Mandates and Objectives:

• Shramik Basera Yojana: Providing affordable and convenient temporary accommodation for construction and unorganized sector workers at a nominal rate of ₹5 per person.
• Gujarat Government’s Dedication: Improving living standards for workers by providing housing, food, health, and financial support.
• Key Initiatives:
  • Shramik Annapurna Yojana: Nutritious meals for ₹5.
  • Pradhan Mantri Shram Yogi Maandhan Yojana: Pension benefits for elderly workers.
  • Pradhan Mantri Jan Arogya Yojana (PMJAY): Free health services.

Important Terms Explained:

• Shramik Basera Yojana: A scheme providing temporary accommodation for construction workers at a subsidized rate.
• Shramik Annapurna Yojana: A scheme providing nutritious meals at a nominal rate to construction workers.
• Pradhan Mantri Shram Yogi Maandhan Yojana: Pension scheme for unorganized workers aged 60 and above.
• Pradhan Mantri Jan Arogya Yojana (PMJAY): A health insurance scheme providing free health services to eligible families.

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13. Which state recently launched an OTT platform called Hello Meghalaya?
A) Kerala
B) Assam
C) Meghalaya
D) Arunachal Pradesh
E) Manipur
Answer: C) Meghalaya

Event and Location:

• Event: Launch of Hello Meghalaya OTT platform
• Location: Shillong, Meghalaya

Mandates and Objectives:

• Hello Meghalaya: Second State-owned audio-visual platform in India, after Kerala’s, aimed at providing a platform for small communities to share their stories.
• Objective: To offer viewership-based fiscal guarantees for content creators, supporting the cultural and creative expression of minor communities.

Important Terms Explained:

• OTT (Over-The-Top) Platform: A service that delivers film and TV content via the internet without requiring users to subscribe to a traditional cable or satellite pay-TV service.
• Fiscal Guarantees: Financial incentives provided based on the viewership of the content, encouraging creators to produce quality work.

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14. Which organizations signed an MoU to promote agri innovation through the ‘Rural Agriculture Innovation Programme’ (RAIN)?
A) ICAR and IARI
B) NITI Aayog and NABARD
C) C-Camp and MSSRF
D) FICCI and CII
E) ISRO and DRDO
Answer: C) C-Camp and MSSRF

Event and Location:

• Event: Signing of MoU to promote agri innovation
• Location: India

Mandates and Objectives:

• C-Camp and MSSRF Partnership: The Centre for Cellular and Molecular Platform (C-Camp) and MS Swaminathan Research Foundation (MSSRF) have signed a Memorandum of Understanding (MoU) to launch the ‘Rural Agriculture Innovation Programme’ (RAIN).
• Objective: To promote deep science-based innovations and entrepreneurship focused on food security and sustainable agriculture and allied sectors.

Important Terms Explained:

• MoU (Memorandum of Understanding): A formal agreement between two or more parties to establish a partnership or collaboration on a specific project or objective.
• C-Camp (Centre for Cellular and Molecular Platform): An innovation and technology hub that supports deep science-based research and entrepreneurship.
• MSSRF (MS Swaminathan Research Foundation): An organization founded by Dr. MS Swaminathan that focuses on sustainable agriculture and rural development.

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