Daily Current Affairs July 29

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July 29 | Daily Current Affairs 2026

Sports – Daily Current Affairs July 29

1. Who became the first Indian athlete to win a Commonwealth Games medal in the men’s 10,000-metre event?
A) Avinash Sable
B) Gulveer Singh
C) Murali Sreeshankar
D) Tejaswin Shankar
E) Abdulla Aboobacker
Answer: B) Gulveer Singh.

Event and Location:

• Event: Gulveer Singh won silver in the Men’s 10,000-Metre Race, while Harjinder Kaur secured silver in the women’s 69kg weightlifting event at the Commonwealth Games 2026.
• Location: The events were held in Glasgow, Scotland, with the men’s 10,000-metre race conducted at Scotstoun Stadium.
• Date: The achievements were reported on July 29, 2026.

Mandates and Objectives:

• Mandates: Gulveer Singh recorded 27:49.78 to finish second, while Harjinder Kaur lifted a combined total of 227kg to secure her second consecutive Commonwealth Games medal.
• Objectives: The performances aimed to strengthen India’s medal tally in athletics and weightlifting and improve the country’s representation across multiple sporting disciplines.

Important Terms Explained:

• Long-Distance Running: It refers to track or road races that test an athlete’s endurance, pacing, and stamina over extended distances.
• Combined Total: It is the sum of a weightlifter’s best successful snatch lift and best successful clean and jerk lift.
• Assured Medal: It refers to a guaranteed medal position achieved by reaching the semifinal stage in sports where losing semifinalists receive bronze medals.

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Ranking – Daily Current Affairs July 29

2. According to the BIMCO-ICS Seafarer Workforce Report 2026, what is India’s global rank among seafarer-supplying countries?
A) First
B) Second
C) Third
D) Fourth
E) Fifth
Answer: B) Second.

Event and Location:

• Event: India became the world’s second-largest supplier of seafarers in the BIMCO-ICS Seafarer Workforce Report 2026.
• Location: The ranking covers the global maritime workforce.
• Date: The achievement was reported on July 29, 2026.

Mandates and Objectives:

• Mandates: The report assessed the availability, demand, distribution, and contribution of seafarers across major maritime nations.
• Objectives: The report aims to support workforce planning and provide governments and the shipping industry with reliable maritime labour data.

Important Terms Explained:

• Seafarer: A seafarer is a trained maritime professional who works aboard merchant ships and supports the transportation of goods and passengers.
• BIMCO: The Baltic and International Maritime Council is a major international shipping association representing shipowners and maritime stakeholders.
• International Chamber of Shipping: It is a global trade association representing national shipowners’ associations and the international shipping industry.

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3. What was India’s reported tiger population on Global Tiger Day 2026?
A) 3,167
B) 3,368
C) 3,682
D) 3,925
E) 4,012
Answer: C) 3,682.

Event and Location:

• Event: Global Tiger Day 2026 celebrations highlighted India’s tiger population of 3,682 and the expansion of its tiger reserve network to 58.
• Location: The national event was organised by the National Tiger Conservation Authority in New Delhi.
• Date: Global Tiger Day was observed on July 29, 2026.

Mandates and Objectives:

• Mandates: The event reviewed India’s tiger conservation progress, launched an integrated eco-tourism webpage, presented conservation awards, and released five wildlife publications.
• Objectives: The programme aimed to strengthen tiger protection, promote responsible eco-tourism, expand public awareness, and encourage scientific and community-based conservation.

Important Terms Explained:

• National Tiger Conservation Authority: It is a statutory body responsible for strengthening tiger conservation, monitoring tiger reserves, and supporting scientific wildlife management in India.
• International Big Cat Alliance: It is an international initiative promoting cooperation, knowledge exchange, and coordinated conservation of major big cat species.
• TX2 Goal: It was a global commitment adopted at the 2010 St. Petersburg Tiger Summit to double the wild tiger population by 2022.

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Banking and Finance – Daily Current Affairs July 29

4. What is the name of the digital credit decision platform launched by Axis Finance Limited?
A) Axis Finance Disha
B) Axis Finance Drishti
C) Axis Finance Pragati
D) Axis Finance Lakshya
E) Axis Finance Shakti
Answer: B) Axis Finance Drishti.

Event and Location:

• Event: Axis Finance Limited launched Axis Finance Drishti, an in-house digital credit decision platform for retail and MSME lending.
• Location: The platform was launched in India by the Mumbai-headquartered financial services company.
• Date: The platform was launched in July 2026.

Mandates and Objectives:

• Mandates: The platform automates and standardises loan assessment using advanced analytics, statistical scorecards, underwriting workflows, and multiple data sources.
• Objectives: The initiative aims to accelerate loan processing, improve risk assessment, ensure consistent credit decisions, and enhance customer experience.

Important Terms Explained:

• Business Rules Engine: It is a software system that applies predefined lending policies and eligibility rules to automate credit decisions.
• Straight-Through Processing: It is an automated process in which loan applications are evaluated and processed with minimal manual intervention.
• Non-Banking Financial Company: It is a financial institution that provides lending and related services without holding a full commercial banking licence.

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5. How much does SBI plan to raise through Basel III-compliant AT-1 Perpetual Bonds in 2026?
A) ₹3,500 crore
B) ₹4,000 crore
C) ₹5,000 crore
D) ₹10,000 crore
E) ₹60,000 crore
Answer: C) ₹5,000 crore.

Event and Location:

• Event: State Bank of India is set to become the first Indian bank in 2026 to issue Basel III-compliant AT-1 Perpetual Bonds worth ₹5,000 crore.
• Location: The bond issuance will be undertaken in India as part of SBI’s capital-raising programme.
• Date: The proposed issuance was reported on July 29, 2026.

Mandates and Objectives:

• Mandates: The bonds will carry a five-year call option and may be redeemed after that period with approval from the Reserve Bank of India and other regulators.
• Objectives: The issuance aims to strengthen SBI’s capital base, improve its capital adequacy, support credit growth, and meet Basel III requirements.

Important Terms Explained:

• Additional Tier-I Bonds: These are capital instruments issued by banks to strengthen their loss-absorbing capacity and meet regulatory capital requirements.
• Perpetual Bonds: These are bonds without a fixed maturity date, although the issuer may redeem them through a call option after a specified period.
• Capital Adequacy Ratio: It measures a bank’s available capital in relation to its risk-weighted assets and indicates its ability to absorb financial losses.

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6. How much did Indian banks collect as minimum balance penalties during FY 2025–26?
A) ₹4,948.71 crore
B) ₹5,101.40 crore
C) ₹7,086.63 crore
D) ₹7,500 crore
E) ₹8,137.92 crore
Answer: C) ₹7,086.63 crore.

Event and Location:

• Event: Indian banks collected ₹7,086.63 crore as penalties for non-maintenance of the Minimum Average Balance during FY 2025–26.
• Location: The figures cover public and private sector banks operating across India.
• Date: The information was reported in the Rajya Sabha on July 29, 2026.

Mandates and Objectives:

• Mandates: Banks may impose minimum balance charges under board-approved policies, provided the charges are transparent, reasonable, and communicated to customers in advance.
• Objectives: The regulatory framework aims to ensure fair banking charges while giving customers sufficient time to restore the prescribed account balance.

Important Terms Explained:

• Basic Savings Bank Deposit Account: It is a zero-balance savings account offering essential banking services without minimum balance requirements or related penalties.
• Pradhan Mantri Jan Dhan Yojana: It is a financial inclusion programme providing eligible individuals with access to basic bank accounts, debit cards, remittances, and other banking services.
• Emergency Credit Line Guarantee Scheme 5.0: It is a government-backed credit support programme launched in May 2026 for businesses affected by the West Asia crisis.

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Appointments – Daily Current Affairs July 29

7. Who has been appointed as the Official Liquidator of Paytm Payments Bank Limited?
A) Girikumar Nair
B) Shaktikanta Das
C) Rajnish Kumar
D) Dinesh Kumar Khara
E) T. Rabi Sankar
Answer: A) Girikumar Nair.

Event and Location:

• Event: The Reserve Bank of India announced the winding-up of Paytm Payments Bank Limited and appointed Girikumar Nair as its Official Liquidator.
• Location: The winding-up process will proceed in India following approval from the Delhi High Court.
• Date: The development was reported on July 29, 2026.

Mandates and Objectives:

• Mandates: The Official Liquidator will supervise the liquidation, settle liabilities, ensure legal compliance, and protect the interests of depositors and stakeholders.
• Objectives: The regulatory action aims to address serious compliance violations, safeguard depositors, and uphold stability and discipline in the banking system.

Important Terms Explained:

• Official Liquidator: An Official Liquidator is an authorised person responsible for managing the closure of an institution, settling liabilities, and distributing available assets according to law.
• Winding-Up: Winding-up is the legal process of closing an organisation, settling its debts, and completing its remaining financial and administrative obligations.
• Payments Bank: A Payments Bank is a specialised bank that accepts limited deposits and provides payment services but cannot issue loans or credit cards.

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Awards – Daily Current Affairs July 29

8. Which four mathematicians received the Fields Medal 2026?
A) Hong Wang, Yu Deng, John Pardon and Jacob Tsimerman
B) Terence Tao, Peter Scholze, Maryam Mirzakhani and Akshay Venkatesh
C) Hong Wang, Terence Tao, John Pardon and Peter Scholze
D) Yu Deng, Akshay Venkatesh, Jacob Tsimerman and Manjul Bhargava
E) John Pardon, Maryam Mirzakhani, Hong Wang and June Huh
Answer: A) Hong Wang, Yu Deng, John Pardon and Jacob Tsimerman.

Event and Location:

• Event: The Fields Medal 2026 was awarded to Hong Wang, Yu Deng, John Pardon and Jacob Tsimerman for outstanding contributions to mathematics.
• Location: The awards were presented at the International Congress of Mathematicians 2026, while the article did not specify the exact venue.
• Date: The announcement was reported on July 29, 2026.

Mandates and Objectives:

• Mandates: The International Mathematical Union honoured four mathematicians below the age of 40 for influential research across several branches of mathematics.
• Objectives: The award recognises exceptional mathematical achievements and encourages recipients with strong potential for future discoveries.

Important Terms Explained:

• International Mathematical Union: It is an international organisation that promotes cooperation in mathematics and presents the Fields Medal every four years.
• Harmonic Analysis: It is a branch of mathematics that studies functions and signals by representing them through waves and frequencies.
• Partial Differential Equations: These are equations involving rates of change with respect to multiple variables and are widely used to model physical systems.

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Defence – Daily Current Affairs July 29

9. What major officer induction reform was introduced for the Indian Coast Guard in July 2026?
A) Women-only permanent appointments
B) Gender-neutral officer induction framework
C) Compulsory naval service for officers
D) Removal of short service appointments
E) Separate promotion rules for women
Answer: B) Gender-neutral officer induction framework.

Event and Location:

• Event: Defence Minister Rajnath Singh unveiled two major Indian Coast Guard reforms covering gender-neutral officer induction and faster ex gratia benefits.
• Location: The reforms were announced at Kartavya Bhavan-2 in New Delhi.
• Date: The policy reforms were unveiled on July 29, 2026.

Mandates and Objectives:

• Mandates: Women and men will receive equal access to Short Service and Permanent Appointments, while the Coast Guard can declare missing personnel presumed dead for compensation purposes.
• Objectives: The reforms aim to promote gender equality, improve career progression, reduce administrative delays, and provide timely financial relief to affected families.

Important Terms Explained:

• Short Service Appointment: It is a fixed-tenure officer appointment that allows personnel to serve for a specified period.
• Permanent Appointment: It is a long-term service arrangement that allows eligible officers to continue their careers until retirement, subject to service rules.
• Ex Gratia Compensation: It is financial assistance provided by the government without requiring a legal admission of liability.

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Schemes – Daily Current Affairs July 29

10. How much financial assistance is provided for total permanent disability under the Bihar Shatabdi Unorganized Sector Worker Scheme?
A) ₹25,000
B) ₹50,000
C) ₹75,000
D) ₹1 lakh
E) ₹1.5 lakh
Answer: C) ₹75,000.

Event and Location:

• Event: The Bihar Shatabdi Asangathit Karyakshetra Kamagaar Evan Shilpakar Samajik Suraksha Yojana provides ₹75,000 to eligible unorganised-sector workers and artisans suffering total permanent disability due to an accident.
• Location: The scheme applies to eligible residents working in the unorganised sector in Bihar.
• Date: The scheme details were reported on July 29, 2026.

Mandates and Objectives:

• Mandates: The Labour Resources Department of Bihar provides financial assistance to eligible workers aged between 18 and 65 years after certification of accident-related permanent disability.
• Objectives: The scheme aims to reduce the financial burden on disabled workers and their dependants by providing timely social security assistance.

Important Terms Explained:

• Total Permanent Disability: It refers to an accident-related irreversible disability involving the loss of sight, limbs, paralysis, or permanent damage to brain function, as certified by a competent authority.
• Unorganised Sector: It consists of workers and economic activities that generally lack formal employment contracts, regular wages, and comprehensive social security benefits.
• Competent Authority: It is an authorised medical or government body empowered to examine and certify an applicant’s disability for scheme benefits.

Tabular Summary:

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11. How much monthly financial assistance will eligible women receive under the Delhi Lakshmi Yojana?
A) ₹1,000
B) ₹1,500
C) ₹2,000
D) ₹2,500
E) ₹3,000
Answer: D) ₹2,500.

Event and Location:

• Event: The Delhi Government approved the Delhi Lakshmi Yojana to provide monthly financial assistance to eligible women.
• Location: The scheme will be implemented across the National Capital Territory of Delhi.
• Date: The scheme was reported on July 29, 2026, while online registration is scheduled to begin on August 1, 2026.

Mandates and Objectives:

• Mandates: Eligible women aged 21 to 60 years with an annual family income of up to ₹2.5 lakh will receive ₹2,500 per month through Direct Benefit Transfer.
• Objectives: The scheme aims to promote women’s economic empowerment, social security, financial inclusion, education, healthcare access, skill development, and self-reliance.

Important Terms Explained:

• Direct Benefit Transfer: It is a system through which government benefits are transferred directly into the bank accounts of eligible beneficiaries.
• Financial Inclusion: It refers to ensuring affordable access to banking, savings, credit, insurance, and other financial services.
• Economic Empowerment: It means strengthening an individual’s ability to earn, save, make financial decisions, and participate independently in economic activities.

Tabular Summary:

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12. How many days of guaranteed wage employment are provided under the VB-G RAM G Act, 2025?
A) 90 days
B) 100 days
C) 110 days
D) 125 days
E) 150 days
Answer: D) 125 days.

Event and Location:

• Event: The Government of India allocated a record ₹95,692 crore under the Viksit Bharat – Guarantee for Rozgar and Aajeevika Mission (Gramin) Act, 2025 for rural employment.
• Location: The programme will be implemented across rural India.
• Date: The allocation applies to the Financial Year 2026–27 and was reported on July 29, 2026.

Mandates and Objectives:

• Mandates: The Act guarantees 125 days of wage employment per financial year to every willing rural household demanding work and expands permissible activities across infrastructure, water conservation, livelihoods, and climate resilience.
• Objectives: The programme aims to strengthen rural income security, create durable community assets, improve infrastructure, and protect rural communities against climate-related challenges.

Important Terms Explained:

• Budget Estimate: It is the amount proposed by the government for expenditure on a programme or sector during an upcoming financial year.
• Wage Employment Guarantee: It is a statutory assurance that eligible rural households demanding work will receive paid employment for a specified number of days.
• Scheme Convergence: It refers to coordinating different Central and State Government programmes to improve public spending and achieve integrated development outcomes.

Tabular Summary:

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13. What is the maximum education loan available under the Bihar Student Credit Card Scheme?
A) ₹2 lakh
B) ₹3 lakh
C) ₹4 lakh
D) ₹5 lakh
E) ₹6 lakh
Answer: C) ₹4 lakh.

Event and Location:

• Event: The Bihar Student Credit Card Scheme provides education loans of up to ₹4 lakh to eligible students pursuing higher studies.
• Location: The scheme is available to eligible residents of Bihar studying at recognised educational institutions.
• Date: The scheme details were reported on July 29, 2026.

Mandates and Objectives:

• Mandates: Eligible students who have passed Class 12 can apply online for financial assistance covering tuition fees, books, laptops, equipment, and other educational expenses.
• Objectives: The scheme aims to remove financial barriers to higher education and help students pursue recognised degree, technical, vocational, professional, and polytechnic courses.

Important Terms Explained:

• Education Loan: It is financial assistance provided to students for covering tuition fees and other expenses related to higher education.
• District Registration and Counselling Centre: It is the district-level centre responsible for document verification, applicant counselling, and processing applications under Bihar’s youth schemes.
• 7 Nischay Yuva Mission: It is a Bihar Government initiative covering programmes related to higher education finance, skill development, and youth assistance.

Tabular Summary:

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National Affairs – Daily Current Affairs July 29

14. Which system will enable financial institutions to access centrally stored and verified customer KYC records?
A) DigiLocker 2.0
B) CKYC 2.0
C) Aadhaar Vault
D) e-KYC Plus
E) Bharat KYC Grid
Answer: B) CKYC 2.0.

Event and Location:

• Event: Five major changes relating to LPG prices, railway Tatkal booking, banking services, income tax returns, and customer verification will take effect from August 1, 2026.
• Location: The changes will apply across India.
• Date: The new rules and service updates will take effect from August 1, 2026.

Mandates and Objectives:

• Mandates: The changes include a possible LPG price revision, updated Tatkal token distribution, bank-specific fee and reward revisions, late-filing consequences for income tax returns, and the introduction of CKYC 2.0.
• Objectives: The measures aim to simplify public services, improve customer verification, streamline railway bookings, and encourage timely financial compliance.

Important Terms Explained:

• CKYC 2.0: It is an upgraded centralised customer verification framework that allows financial institutions to access verified KYC information from a common database.
• Tatkal Booking: It is an Indian Railways facility that allows passengers to book tickets at short notice before the date of journey.
• Belated Income Tax Return: It is an income tax return filed after the original deadline and may attract a late fee, interest, or other consequences under tax laws.

Tabular Summary:

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15. What commodity was carried by India’s first direct commercial container freight train to Nepal?
A) Wheat
B) Rice
C) Canola
D) Tea
E) Cotton
Answer: C) Canola.

Event and Location:

• Event: India’s first direct commercial container freight train reached Nepal carrying canola under the Revised India–Nepal Rail Transit Protocol.
• Location: The 40-wagon freight train travelled directly from Kolkata Port in India to Biratnagar in Nepal.
• Date: The development was reported on July 29, 2026.

Mandates and Objectives:

• Mandates: The revised protocol permits containerised cargo to move directly from Indian ports to inland destinations in Nepal without transshipment at the border.
• Objectives: The service aims to reduce transit time, logistics costs, cargo handling, and supply-chain delays while strengthening bilateral trade.

Important Terms Explained:

• Containerised Cargo: It refers to goods transported in standard containers that can be moved efficiently between ships, trains, and trucks.
• Transshipment: It is the transfer of cargo from one vehicle or mode of transport to another during its journey to the final destination.
• Rail Transit Protocol: It is a bilateral arrangement governing the movement of goods by rail between two countries.

Tabular Summary:

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16. What is the proposed gross storage capacity of the Kalpasar Project reservoir?
A) 9,460 MCM
B) 10,000 MCM
C) 11,500 MCM
D) 13,000 MCM
E) 15,000 MCM
Answer: D) 13,000 MCM.

Event and Location:

• Event: The Kalpasar Project, officially known as the Gulf of Khambhat Development Project, proposes a 64-kilometre dam to create a large coastal freshwater reservoir.
• Location: The project is planned across the Gulf of Khambhat in Gujarat, with major benefits expected for the Saurashtra region.
• Date: The project update was reported on July 29, 2026, with its Detailed Project Report at an advanced stage of finalisation.

Mandates and Objectives:

• Mandates: The project proposes storing freshwater from the Sabarmati, Mahi, Dhadhar, and Narmada rivers in a 13,000 MCM reservoir covering approximately 2,000 square kilometres.
• Objectives: It aims to improve irrigation, drinking water supply, transport connectivity, renewable energy generation, and regional economic development in Gujarat.

Important Terms Explained:

• Detailed Project Report: It is a comprehensive document containing a project’s technical design, estimated cost, feasibility, implementation plan, and expected benefits.
• Coastal Freshwater Reservoir: It is a water-storage system created near a coastline to conserve river water before it flows into the sea.
• Hybrid Renewable Energy: It refers to electricity generated through a combination of renewable sources, such as solar and wind energy, for more reliable power supply.

Tabular Summary:

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Over All Review

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