Daily Current Affairs July 07

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 07. 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 07 | Daily Current Affairs 2026

Banking and Finance – Daily Current Affairs July 07

1. Which cooperative ride-hailing platform is planned to be expanded to 500 cities in India?
A) Ola Cooperative
B) Bharat Taxi
C) Sahakar Cab
D) India Ride
E) Cooperative Mobility
Answer: B) Bharat Taxi.

Event and Location:

• Event: Union Minister Amit Shah announced major cooperative sector initiatives, including a cooperative life insurance company and Bharat Taxi expansion.
• Location: India.
• Date: 7 July 2026.

Mandates and Objectives:

• Mandates: The Ministry of Cooperation announced initiatives to strengthen cooperative insurance, expand cooperative ride-hailing services, promote organic farming, support PACS-based entrepreneurship, and improve cooperative reforms.
• Objectives: The announcements aim to deepen financial inclusion, enhance cooperative business models, empower drivers, promote transparency, and expand cooperative participation across sectors.

Important Terms Explained:

• Cooperative Life Insurance Company: It is a proposed insurance entity based on the cooperative model to expand life insurance access and strengthen the cooperative sector.
• Bharat Taxi: It is a cooperatively owned ride-hailing service operated by Sahakar Taxi Cooperative Ltd., where drivers can participate as partners in the business.
• Primary Agricultural Credit Societies: These are village-level cooperative credit institutions that provide financial and allied services to farmers and rural communities.
• Financial Inclusion: It refers to expanding access to affordable financial services such as insurance, credit, savings, and digital payments.

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Appointments – Daily Current Affairs July 07

2. Who was appointed as India’s new Ambassador to North Korea?
A) Vinay Mohan Kwatra
B) Sanjeev Jain
C) Harsh Vardhan Shringla
D) Ruchira Kamboj
E) Vikram Misri
Answer: B) Sanjeev Jain.

Event and Location:

• Event: Sanjeev Jain was appointed as India’s next Ambassador to North Korea.
• Location: India and Democratic People’s Republic of Korea.
• Date: 6 July 2026.

Mandates and Objectives:

• Mandates: The Ministry of External Affairs appointed Sanjeev Jain, a 2008-batch Indian Foreign Service officer, as India’s Ambassador to the Democratic People’s Republic of Korea.
• Objectives: The appointment aims to strengthen India’s diplomatic representation and bilateral engagement with North Korea.

Important Terms Explained:

• Indian Foreign Service: It is India’s diplomatic service responsible for managing the country’s foreign relations and representing India abroad.
• Ministry of External Affairs: It is the Government of India ministry responsible for foreign policy, diplomacy, international relations, and overseas missions.
• Democratic People’s Republic of Korea: It is the official name of North Korea, where Sanjeev Jain will serve as India’s Ambassador.
• Ambassador: It is the highest-ranking diplomatic representative of a country posted to another nation.

Tabular Summary:

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3. Who was appointed as the Director General of BPR&D by the Central Government?
A) Amit Garg
B) Sujeet Pandey
C) Alok Kumar Mittal
D) Rajiv Kumar
E) Sanjay Arora
Answer: C) Alok Kumar Mittal.

Event and Location:

• Event: The Central Government appointed new heads for BPR&D, NCRB, and SVPNPA.
• Location: India.
• Date: 6 June 2026.

Mandates and Objectives:

• Mandates: The Appointments Committee of the Cabinet approved new leadership appointments for three key police institutions involved in research, crime data management, and IPS training.
• Objectives: The appointments aim to strengthen police modernisation, improve crime statistics management, and enhance leadership training for Indian Police Service officers.

Important Terms Explained:

• Bureau of Police Research and Development: It is an institution under the Ministry of Home Affairs that supports police modernisation, research, policy development, and training.
• National Crime Records Bureau: It is India’s central agency for collecting, analysing, and publishing crime and criminal statistics.
• Sardar Vallabhbhai Patel National Police Academy: It is the premier police training academy in Hyderabad for training Indian Police Service officers.
• Appointments Committee of the Cabinet: It is a high-level government body that approves senior appointments in key administrative and institutional posts.

Tabular Summary:

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Awards – Daily Current Affairs July 07

4. Which highest civilian honour of Indonesia was conferred on Prime Minister Narendra Modi during his Jakarta visit?
A) Bintang Mahaputera
B) Bintang Adipurna
C) Bintang Jasa Utama
D) Padma Adipurna
E) Garuda Samman
Answer: B) Bintang Adipurna.

Event and Location:

• Event: Prime Minister Narendra Modi received Bintang Adipurna, Indonesia’s highest civilian honour, during his official visit to Jakarta.
• Location: Istana Merdeka, Presidential Palace, Jakarta, Indonesia.
• Date: 7 July 2026.

Mandates and Objectives:

• Mandates: Indonesian President Prabowo Subianto conferred the award on Prime Minister Narendra Modi for his contribution to strengthening India-Indonesia relations and promoting international cooperation.
• Objectives: The honour aims to recognise PM Modi’s role in deepening bilateral ties, enhancing strategic partnership, and strengthening friendship between India and Indonesia.

Important Terms Explained:

• Bintang Adipurna: It is Indonesia’s highest civilian honour given for outstanding contributions to international peace, friendship, cooperation, and stronger relations with Indonesia.
• Comprehensive Strategic Partnership: It refers to a broad bilateral relationship covering areas such as trade, investment, defence, digital cooperation, maritime security, and cultural ties.
• Unified Payments Interface: It is an Indian digital payment system that enables instant bank-to-bank transactions through mobile platforms.
• Critical Minerals: These are minerals essential for clean energy, advanced manufacturing, electronics, and strategic technologies.

Tabular Summary:

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Science and Technology – Daily Current Affairs July 07

5. Which organisation successfully conducted the first ground test of the SOLVE solid motor for the Gaganyaan mission?
A) DRDO
B) ISRO
C) HAL
D) IN-SPACe
E) BARC
Answer: B) ISRO.

Event and Location:

• Event: ISRO successfully conducted the first ground test of the SOLVE solid motor for the Gaganyaan human spaceflight programme.
• Location: Static Test Facility, Satish Dhawan Space Centre, Sriharikota.
• Date: 3 July 2026.

Mandates and Objectives:

• Mandates: ISRO tested the solid motor of the Sub-Orbital Launch Vehicle for Experiments to validate its propulsion system for parachute and crew module recovery trials.
• Objectives: The test aims to support Gaganyaan mission readiness by enabling realistic validation of crew module deceleration, parachute deployment, and safe water recovery systems.

Important Terms Explained:

• SOLVE: Sub-Orbital Launch Vehicle for Experiments is a solid-fuelled sub-orbital test vehicle being developed by ISRO to test Gaganyaan’s crew module recovery and parachute systems.
• Gaganyaan Mission: It is India’s first indigenous human spaceflight programme aimed at sending Indian astronauts to low earth orbit and demonstrating human spaceflight capability.
• Crew Module: It is the spacecraft section designed to carry astronauts safely during launch, spaceflight, re-entry, and recovery.
• Parachute Recovery System: It is a deceleration system that uses multiple parachutes to reduce the speed of the crew module and support safe landing.

Tabular Summary:

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6. Which state is constructing its first air-filled rubber dams using South Korean technology?
A) Maharashtra
B) Gujarat
C) Rajasthan
D) Madhya Pradesh
E) Karnataka
Answer: B) Gujarat.

Event and Location:

• Event: Gujarat is constructing its first air-filled rubber dams using advanced South Korean technology.
• Location: Chhota Udepur and Tapi districts, Gujarat, India.
• Date: 7 July 2026.

Mandates and Objectives:

• Mandates: The Gujarat Government is building two rubber dams on the Heran River and Ambika River with automated monitoring and control systems.
• Objectives: The projects aim to improve irrigation, enhance groundwater recharge, support water storage, and help manage flood situations.

Important Terms Explained:

• Inflatable Rubber Dam: It is a hydraulic structure made from strong rubber material that can be inflated to store water and deflated during floods to release excess flow.
• SCADA: Supervisory Control and Data Acquisition is an automation system used for monitoring river conditions and controlling the inflation and deflation of rubber bladders electronically.
• Groundwater Recharge: It is the process of replenishing underground water reserves by allowing stored or flowing water to seep into the ground.
• Rubber Bladder: It is the flexible rubber component of the dam that inflates or deflates to regulate water storage and flow.

Tabular Summary:

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Schemes – Daily Current Affairs July 07

7. What is the maximum loan waiver amount under the UP Kisan Karj Mafi Scheme 2026?
A) ₹50,000
B) ₹75,000
C) ₹1 lakh
D) ₹2 lakh
E) ₹5 lakh
Answer: C) ₹1 lakh.

Event and Location:

• Event: The UP Kisan Karj Mafi Scheme 2026 provides loan waiver support to eligible small and marginal farmers.
• Location: Uttar Pradesh, India.
• Date: 7 July 2026.

Mandates and Objectives:

• Mandates: The Uttar Pradesh Government provides agricultural loan waiver of up to ₹1 lakh to eligible farmers under the scheme.
• Objectives: The scheme aims to reduce farmers’ debt burden, improve financial stability, and support the revival of agricultural activities.

Important Terms Explained:

• UP Kisan Karj Mafi Scheme: It is a farmer welfare scheme of the Uttar Pradesh Government that waives eligible agricultural loans of small and marginal farmers.
• Uttar Pradesh Kisan Rin Mochan Yojana: It is another name for the loan waiver scheme launched in 2017 to provide debt relief to farmers in Uttar Pradesh.
• Small and Marginal Farmers: These are farmers with limited landholdings, and the scheme covers those having land up to 2 hectares.
• Aadhaar-based KYC: It is an identity verification process using Aadhaar details to confirm the eligibility and authenticity of applicants.

Tabular Summary:

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8. What is the maximum financial assistance provided under the UP Mukhyamantri Kanya Sumangala Yojana 2026?
A) ₹10,000
B) ₹15,000
C) ₹20,000
D) ₹25,000
E) ₹50,000
Answer: D) ₹25,000.

Event and Location:

• Event: The UP Mukhyamantri Kanya Sumangala Yojana 2026 provides financial assistance for the welfare, education, and empowerment of girl children.
• Location: Uttar Pradesh, India.
• Date: 7 July 2026.

Mandates and Objectives:

• Mandates: The Uttar Pradesh Government provides financial assistance of up to ₹25,000 in six stages from the birth of a girl child to school or higher education milestones.
• Objectives: The scheme aims to promote girl child education, reduce gender discrimination, discourage child marriage, improve the child sex ratio, and support economically weaker families.

Important Terms Explained:

• UP Mukhyamantri Kanya Sumangala Yojana: It is a flagship welfare scheme of the Uttar Pradesh Government that provides staged financial assistance for the upbringing and education of girl children.
• Direct Benefit Transfer: It is a payment system through which government benefits are transferred directly to the beneficiary’s Aadhaar-linked bank account.
• Aadhaar-linked Bank Account: It is a bank account connected with Aadhaar details to enable verified and direct transfer of government benefits.
• Child Sex Ratio: It refers to the number of girls per 1,000 boys in a child population and is an important indicator of gender balance.

Tabular Summary:

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9. What is the total package approved by West Bengal under the PM Cha Shramik Protsahan Yojana?
A) ₹177 crore
B) ₹72 crore
C) ₹63 crore
D) ₹313.3 crore
E) ₹500 crore
Answer: D) ₹313.3 crore.

Event and Location:

• Event: West Bengal approved a ₹313.3 crore package under the PM Cha Shramik Protsahan Yojana for tea garden workers.
• Location: North Bengal, West Bengal, India.
• Date: 7 July 2026.

Mandates and Objectives:

• Mandates: The West Bengal Government approved the implementation strategy for the scheme to improve education, healthcare, and worker welfare infrastructure in tea garden areas.
• Objectives: The initiative aims to uplift over 3 lakh tea garden workers and their families by improving access to essential services and welfare facilities.

Important Terms Explained:

• PM Cha Shramik Protsahan Yojana: It is a Central Government initiative aimed at improving the socio-economic conditions of tea garden workers through welfare-focused interventions.
• Cha Shramik Shiksha Yojana: It is the education component under the package, aimed at upgrading educational facilities in tea garden areas.
• Cha Shramik Swasthya Suraksha Yojana: It is the healthcare component designed to strengthen medical facilities and improve access to quality healthcare for tea garden workers.
• Cha Shramik Ashray Yojana: It is the worker infrastructure component focused on building resting sheds for tea garden workers.

Tabular Summary:

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National Affairs – Daily Current Affairs July 07

10. What is the new name approved for Jalalabad town in Uttar Pradesh?
A) Parashurampuri
B) Vishnupuri
C) Akbarpur
D) Shahpur
E) Ramnagar
Answer: A) Parashurampuri.

Event and Location:

• Event: The Uttar Pradesh Cabinet approved the renaming of Jalalabad town as Parashurampuri.
• Location: Shahjahanpur district, Uttar Pradesh, India.
• Date: 6 July 2026.

Mandates and Objectives:

• Mandates: The Uttar Pradesh Cabinet approved the proposal to rename Jalalabad as Parashurampuri after receiving the Central Government’s nod.
• Objectives: The decision aims to recognise the town’s historical, religious, and cultural association with Lord Parashuram.

Important Terms Explained:

• State Cabinet: It is the highest decision-making body of a state government, headed by the Chief Minister, which approves major policy and administrative proposals.
• Central Government Nod: It refers to approval or no-objection from the Union Government for administrative decisions such as renaming places.
• Lord Parashuram: He is regarded as the sixth incarnation of Lord Vishnu and is revered as a warrior sage and upholder of justice.

Tabular Summary:

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11. Which fruit became Haryana’s first fruit to receive the Geographical Indication tag?
A) Ambala Mango
B) Sirsa Kinnow
C) Hisar Guava
D) Karnal Orange
E) Rohtak Ber
Answer: B) Sirsa Kinnow.

Event and Location:

• Event: Sirsa Kinnow received the Geographical Indication tag and became Haryana’s first GI-recognised fruit.
• Location: Sirsa district, Haryana, India.
• Date: 28 March 2026.

Mandates and Objectives:

• Mandates: The Geographical Indications Registry in Chennai granted GI registration to Sirsa Kinnow in recognition of its unique quality, origin, and reputation.
• Objectives: The GI tag aims to protect the identity of Sirsa Kinnow, prevent imitation, improve market value, and create better income opportunities for farmers.

Important Terms Explained:

• Geographical Indication Tag: It is an intellectual property recognition given to products that have specific qualities, reputation, or characteristics linked to their geographical origin.
• Geographical Indications Registry: It is the authority based in Chennai that grants GI registration for eligible products in India.
• Geographical Indications of Goods Act, 1999: It is the Indian law that provides registration and legal protection to GI-recognised products.
• Kharisuverian Farmer Producer Company: It is the Sirsa-based applicant that received the GI registration for Sirsa Kinnow.

Tabular Summary:

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12. What investment target has been set under the UP Data Center Policy 2026?
A) ₹50,000 crore
B) ₹1 lakh crore
C) ₹1.5 lakh crore
D) ₹2 lakh crore
E) ₹3 lakh crore
Answer: D) ₹2 lakh crore.

Event and Location:

• Event: The Uttar Pradesh Cabinet approved the UP Data Center Policy 2026 to promote AI-ready and green data centre infrastructure.
• Location: Uttar Pradesh, India.
• Date: 7 July 2026.

Mandates and Objectives:

• Mandates: The policy aims to attract over ₹2 lakh crore investment, add 2 GW data centre capacity, and promote AI-ready, green, and energy-efficient data centres.
• Objectives: The policy seeks to strengthen Uttar Pradesh’s digital infrastructure, attract global technology firms, generate employment, and support emerging sectors such as fintech, AI, e-commerce, e-health, and digital governance.

Important Terms Explained:

• UP Data Center Policy 2026: It is a policy approved by the Uttar Pradesh Cabinet to promote advanced, green, and AI-enabled data centre infrastructure across the state.
• AI-ready Infrastructure: It refers to digital and computing infrastructure designed to support artificial intelligence workloads, high-performance processing, and data-intensive applications.
• GPU-based Technologies: These are technologies using graphics processing units for high-speed computing, artificial intelligence, machine learning, and data processing.
• Tier III and Tier IV Data Centres: These are advanced data centre categories known for high reliability, uptime, redundancy, and secure digital operations.

Tabular Summary:

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Over All Review

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