Daily Current Affairs August 01

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 August 01. 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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August 01 | Daily Current Affairs 2024

Important Days – Daily Current Affairs August 01

1. What is the theme of World Breastfeeding Week 2024?
A) Empowering Women to Breastfeed
B) Breastfeeding: A Key to Sustainable Development
C) Closing the Gap: Breastfeeding Support for All
D) Breastfeeding and Work: Let’s Make it Work!
E) Protecting Breastfeeding: A Shared Responsibility
Answer: C) Closing the Gap: Breastfeeding Support for All

Event and Location:

• Event: World Breastfeeding Week (WBW) 2024
• Location: Celebrated globally

Mandates and Objectives:

• Mandate:
  • World Breastfeeding Week (WBW) is a global campaign celebrated annually from August 1 to August 7. It aims to raise awareness about the importance of breastfeeding and to promote supportive policies that empower mothers, educate families, and increase community awareness.
• Objectives:
  • INFORM participants about the annual theme.
  • ANCHOR the theme within the global breastfeeding agenda.
  • ENGAGE individuals and organizations for increased impact.
  • GALVANISE action on the selected theme and related issues.

Important Terms Explained:

• Sustainable Development Goals (SDGs):
  • A collection of 17 global goals set by the United Nations General Assembly in 2015 for the year 2030. WBW has aligned with these goals since 2016 to promote breastfeeding as a key contributor to achieving sustainable development.
• Innocenti Declaration (1990):
  • A global initiative that emphasizes the importance of breastfeeding for child health and the role of governments in creating supportive environments.

Benefits and Importance:

• Benefits of Breastfeeding:
  • Provides essential nutrients, enzymes, and antibodies crucial for a baby’s health and immunity.
  • Strengthens the mother-child bond and aids the mother’s recovery post-childbirth.
  • Reduces the mother’s risk of ovarian and breast cancer.
  • Contributes to the development of healthier communities.

Theme of World Breastfeeding Week 2024:

• Theme for 2024: “Closing the Gap: Breastfeeding Support for All”
  • Focuses on recognizing the diversity of breastfeeding mothers and providing support through families, communities, societies, and healthcare professionals.

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2. When is World Wide Web Day 2024 observed?
A) July 31
B) August 1
C) August 6
D) September 1
E) December 1
Answer: B) August 1

Event and Location:

• Event: World Wide Web Day 2024
• Location: Celebrated globally

Mandates and Objectives:

• Mandate:
  • World Wide Web Day is celebrated annually on August 1 to acknowledge the transformative impact of the World Wide Web on communication, commerce, and connectivity across the globe.
• Objectives:
  • Raise awareness about the web’s importance in modern life.
  • Promote accessibility, security, and inclusivity on the web.
  • Honor the contributors to the development of the World Wide Web.

Important Terms Explained:

• World Wide Web (WWW):
  • A global information system that integrates computers, data networks, and hypertext into a unified space, making information accessible worldwide.
• Tim Berners-Lee:
  • The British computer scientist who invented the World Wide Web in 1989 while working at CERN.

History and Significance:

• History:
  • The World Wide Web was conceived by Tim Berners-Lee in March 1989 and further developed with the help of Robert Cailliau. The first website, info.cern.ch, was launched on August 6, 1991.
• Significance:
  • The web has revolutionized global communication, democratized knowledge, empowered businesses, and transformed industries.
  • World Wide Web Day celebrates these contributions and promotes the responsible and ethical use of the web.

Date and Theme:

• Date: August 1, 2024 (Thursday)
• Theme: Emphasizes the transformative role of the web in revolutionizing communication, collaboration, and access to knowledge.

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3. What is the theme of World Lung Cancer Day 2024?
A) Fight Against Lung Cancer
B) Unite for Lung Cancer Awareness
C) Close the Care Gap: Everyone Deserves Access to Cancer Care
D) Early Detection Saves Lives
E) Lung Health for All
Answer: C) Close the Care Gap: Everyone Deserves Access to Cancer Care

Event and Location:

• Event: World Lung Cancer Day 2024
• Location: Celebrated globally

Mandates and Objectives:

• Mandate:
  • World Lung Cancer Day is observed annually on August 1 to raise awareness about lung cancer, promote healthier lifestyle choices, and emphasize the importance of early detection and accessible treatment.
• Objectives:
  • Increase awareness of lung cancer symptoms and risks.
  • Promote access to equitable healthcare for all cancer patients.
  • Encourage early detection and preventive measures to improve survival rates.

Important Terms Explained:

• Lung Cancer:
  • A type of cancer that begins in the lungs, often linked to smoking but also influenced by genetic and environmental factors. It is divided into two main types: non-small cell lung cancer (NSCLC) and small-cell lung cancer (SCLC).
• Non-Small Cell Lung Cancer (NSCLC):
  • The most common type of lung cancer, accounting for about 85% of cases.
• Small-Cell Lung Cancer (SCLC):
  • A less common but more aggressive type of lung cancer, usually associated with heavy smoking.

History and Significance:

• History:
  • World Lung Cancer Day was established in 2012 by the International Association for the Study of Lung Cancer and the Forum of International Respiratory Societies to be observed on August 1 each year. It aims to increase awareness and reduce the stigma associated with lung cancer.
• Significance:
  • This day is significant for promoting the importance of accessible care, early detection, and raising global awareness about lung cancer prevention and treatment.

Date and Theme:

• Date: August 1, 2024
• Theme: “Close the Care Gap: Everyone Deserves Access to Cancer Care”
  • The theme focuses on the need for equitable healthcare access for all individuals affected by lung cancer.

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4. When is National Mountain Climbing Day 2024 observed?
A) July 31
B) August 1
C) August 15
D) September 1
E) December 25
Answer: B) August 1

Event and Location:

• Event: National Mountain Climbing Day 2024
• Location: Celebrated primarily in the United States but recognized by outdoor enthusiasts globally

Mandates and Objectives:

• Mandate:
  • National Mountain Climbing Day is celebrated every year on August 1st to honor those who participate in the challenging and rewarding sport of mountain climbing. It also commemorates historical feats in mountaineering.
• Objectives:
  • Promote the sport of mountain climbing and celebrate the achievements of climbers.
  • Encourage physical fitness, mental toughness, and a connection with nature.
  • Highlight the historical significance of mountain climbing accomplishments on August 1st.

Important Terms Explained:

• Mountaineering:
  • A sport that involves climbing mountains, which tests physical endurance, mental strength, and technical skills. It requires proper gear, planning, and safety measures.
• Adirondack Mountains:
  • A mountain range located in New York State, USA, known for its 46 high peaks, which are popular among climbers and hikers.

History and Significance:

• History:
  • National Mountain Climbing Day was created to recognize the achievements of Josh Madigan and Bobby Matthews, who successfully climbed all 46 peaks of the Adirondack Mountains. They completed their final ascent on August 1, 2015, at Whiteface Mountain.
  • Additionally, the day commemorates the first successful ascent of Grand Teton in Wyoming on August 1, 1898.
• Significance:
  • The day honors the courage and determination of mountain climbers and promotes the sport as a way to challenge oneself physically and mentally.

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5. What is the theme of World Ranger Day 2024?
A) Protecting Wildlife Together
B) Stand with Rangers
C) 30 by 30
D) Honoring Fallen Rangers
E) Conservation Heroes
Answer: C) 30 by 30

Event and Location:

• Event: World Ranger Day 2024
• Location: Celebrated globally

Mandates and Objectives:

• Mandate:
  • World Ranger Day is observed annually on July 31st to commemorate rangers who have been injured or killed in the line of duty and to celebrate the essential work that rangers do in protecting the planet’s natural treasures and cultural heritage.
• Objectives:
  • Honor Fallen Rangers and their sacrifice.
  • Promote the critical role of rangers in conservation and biodiversity protection.
  • Raise awareness about the challenges rangers face in safeguarding wildlife and natural areas.

Important Terms Explained:

• 30 by 30 Initiative:
  • A global target agreed upon during the 2022 United Nations Convention on Biological Diversity (COP15), which calls for the conservation and management of at least 30% of the planet by 2030. This initiative is crucial for preserving biodiversity and requires a well-resourced and trained workforce, including rangers.
• International Ranger Federation (IRF):
  • An organization that supports rangers globally, promoting their work and addressing the challenges they face. IRF leads the World Ranger Day initiative.

History and Significance:

• History:
  • World Ranger Day is an initiative by the International Ranger Federation (IRF), promoted in partnership with The Thin Green Line Foundation. It has been observed annually on July 31st to recognize the bravery and dedication of rangers worldwide.
• Significance:
  • The day serves as a reminder of the dangers rangers face daily and the vital role they play in protecting endangered species, habitats, and natural resources. It also aims to galvanize global support for these frontline conservation workers.
    2024 Theme:
• Theme for 2024: “30 by 30”
  • This theme aligns with the Global Biodiversity Framework’s Target 3, which emphasizes the need to conserve and manage at least 30% of the planet by 2030.

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Sports – Daily Current Affairs August 01

6. Which event did Swapnil Kusale win a bronze medal in at the Paris 2024 Olympics?
A) 10m Air Rifle
B) 25m Rapid Fire Pistol
C) 50m Rifle 3 Position
D) 10m Air Pistol
E) 50m Pistol
Answer: C) 50m Rifle 3 Position

Event and Location:

• Event: 50m Rifle 3 Position Men’s Event, Paris 2024 Olympics
• Location: Paris, France

Mandates and Objectives:

• Mandate:
  • Swapnil Kusale won the bronze medal in the 50m Rifle 3 Position (3P) event, marking a historic achievement as the first Indian shooter to secure a medal in this event at the Olympics.
• Objective:
  • To celebrate India’s third medal in shooting at the Paris 2024 Olympics, all three medals coming from shooting events.

Important Terms Explained:

• 50m Rifle 3 Position (3P) Event:
  • A shooting competition where competitors shoot from three different positions: kneeling, prone, and standing. The event tests the shooters’ versatility and precision across different shooting stances.
• Target Olympic Podium Scheme (TOPS):
  • A government initiative aimed at identifying and supporting potential Olympic medalists from India by providing financial assistance, training, and resources.

Background:

• Date of Birth: August 6, 1995
• Hometown: Pune, Maharashtra, India
• Early Career:
  • Began shooting in 2009 through Maharashtra government’s Krida Prabhodini program.
  • Rose to prominence by winning gold in junior categories at the Asian Shooting Championships and National Shooting Championships in India.

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Banking and Finance – Daily Current Affairs August 01

7. Which company launched the Bharat Manufacturing Fund on August 1, 2024?
A) HDFC Life
B) ICICI Prudential Life
C) SBI Life
D) PNB MetLife
E) Bajaj Allianz Life
Answer: D) PNB MetLife

Event and Location:

• Event: Launch of Bharat Manufacturing Fund
• Location: India

Mandates and Objectives:

• Mandate:
  • PNB MetLife India Insurance Company Ltd launched the Bharat Manufacturing Fund as a new investment option within its Unit Linked Insurance Plan (ULIP) category.
• Objective:
  • The fund is designed to provide policyholders with an opportunity to invest in the growing manufacturing sector in India.

Important Terms Explained:

• Unit Linked Insurance Plan (ULIP):
  • A financial product that combines investment and insurance. It allows policyholders to invest in various funds such as equity, debt, or hybrid, with the added benefit of life insurance coverage.
• New Fund Launch (NFL) Period:
  • The period during which the fund is initially made available to investors, often at a nominal unit price. For the Bharat Manufacturing Fund, the NFL period is from August 1 to August 15, 2024.

Fund Details:

• Initial Unit Price: ₹10 during the New Fund Launch (NFL) period.
• Launch Date: August 1, 2024
• Fund Focus: Investment in India’s manufacturing sector

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8. What is the loan amount that the Asian Development Bank (ADB) is providing to India for solid waste management in 100 cities?
A) $100 million
B) $150 million
C) $200 million
D) $250 million
E) $300 million
Answer: C) $200 million

Event and Location:

• Event: Asian Development Bank (ADB) provides a loan to India for solid waste management.
• Location: India

Mandates and Objectives:

• Mandate:
  • The Asian Development Bank (ADB) has signed a loan agreement with the Government of India to provide $200 million (approximately ₹1,700 crore) to improve solid waste management and sanitation across 100 cities in eight states in India.
• Objective:
  • The loan aims to support the Swachh Bharat Mission 2.0 by upgrading and establishing solid waste processing and management facilities, including bio-methanation plants, composting plants, and managed landfills. It also focuses on enhancing the infrastructure for sanitation, including the construction of community toilets and urinals.

Important Terms Explained:

• Swachh Bharat Mission 2.0:
  • A continuation of India’s Clean India Mission with an emphasis on urban sanitation and solid waste management. It aims to make Indian cities cleaner and free from open defecation.
• Bio-Methanation Plant:
  • A facility where organic waste is converted into biogas through the process of anaerobic digestion. This is part of sustainable waste management practices.
• Composting Plant:
  • A facility where organic waste is decomposed to produce compost, which can be used as fertilizer.

Additional Support:

• Solid Waste Management Facilities:
  • Upgrading and establishing waste processing facilities like bio-methanation and composting plants.
  • Setting up material recovery facilities, plastic waste processing facilities, and managed landfills.
• Sanitation Infrastructure:
  • Construction of community toilets, urinals, and procurement of sweeping equipment.
• Focus Areas:
  • Incorporating climate- and disaster-resilient features, gender equality, and social inclusion in urban services.

Capacity Building:

• Urban Local Bodies:
  • The program will also build the capacity of urban local bodies for effective waste management and sanitation, promote peer-to-peer learning, and engage with the private sector.
• Annual Reviews:
  • Regular assessments and progress updates of city-wide solid waste and sanitation action plans.

Static GK Information:

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9. Which regulatory body granted Covrzy a license to operate as an insurance broker in India?
A) SEBI
B) RBI
C) IRDAI
D) TRAI
E) NABARD
Answer: C) IRDAI

Event and Location:

• Event: Bengaluru-based startup Covrzy receives an insurance broker license.
• Location: Bengaluru, Karnataka, India

Mandates and Objectives:

• Mandate:
  • Covrzy, a Bengaluru-based insurtech startup, received a license from the Insurance Regulatory and Development Authority of India (IRDAI) to operate as an insurance broker in India.
• Objective:
  • To offer a wide range of business insurance solutions tailored to the needs of startups and small businesses.

Important Terms Explained:

• Insurance Regulatory and Development Authority of India (IRDAI):
  • The regulatory body overseeing the insurance industry in India. It ensures the protection of policyholders’ interests and the promotion of fair and transparent insurance practices.
• Insurtech:
  • A combination of “insurance” and “technology,” referring to the use of technology innovations designed to enhance the efficiency of the insurance industry.

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10. Which organizations entered into a co-lending partnership to provide credit to MSMEs?
A) UGRO Capital and SBI
B) UGRO Capital and SIDBI
C) UGRO Capital and ICICI Bank
D) SIDBI and HDFC Bank
E) SIDBI and Bajaj Finance
Answer: B) UGRO Capital and SIDBI

Event and Location:

• Event: Co-lending partnership between UGRO Capital and SIDBI
• Location: India

Mandates and Objectives:

• Mandate:
  • UGRO Capital, a data-tech non-banking financial company (NBFC), has partnered with the Small Industries Development Bank of India (SIDBI) to provide affordable and timely credit to Micro, Small, and Medium Enterprises (MSMEs).
• Objective:
  • To leverage the strengths of banks and NBFCs under the RBI’s co-lending framework to boost priority-sector lending and enhance financial inclusion.

Important Terms Explained:

• Co-Lending Framework:
  • A mechanism introduced by the Reserve Bank of India (RBI) that allows banks and NBFCs to collaborate in extending credit to the priority sector. This framework aims to combine the lower cost of funds from banks with the NBFCs’ ability to reach underserved segments, particularly in credit-deficient areas.
• MSMEs (Micro, Small, and Medium Enterprises):
  • A sector that is crucial to India’s economy, often referred to as the backbone of the nation, providing employment and contributing significantly to the GDP.

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Books and Authors – Daily Current Affairs August 01

11. Who authored the book “Call of the Gir” which was presented to Prime Minister Narendra Modi?
A) Amitav Ghosh
B) Parimal Nathwani
C) Ruskin Bond
D) Chetan Bhagat
E) Arundhati Roy
Answer: B) Parimal Nathwani

Event and Location:

• Event: Presentation of the book “Call of the Gir” to Prime Minister Narendra Modi
• Location: New Delhi, India

Mandates and Objectives:

• Mandate:
  • The book “Call of the Gir” is a coffee table book focusing on Gir and Asiatic lions. It was authored by Parimal Nathwani, a Rajya Sabha Member.
• Objective:
  • To highlight the importance of wildlife conservation, particularly focusing on the Gir forest and its majestic Asiatic lions.

Important Terms Explained:

• Gir Forest:
  • A wildlife sanctuary located in Gujarat, India, known for being the last natural habitat of the Asiatic lion (Panthera leo persica).
• Asiatic Lion:
  • A lion subspecies native to India, primarily found in the Gir Forest. It is listed as Endangered by the International Union for Conservation of Nature (IUCN).

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Appointments – Daily Current Affairs August 01

12. Who became the first woman Director General Medical Services (Army) on August 1, 2024?
A) Lt Gen Madhuri Kanitkar
B) Lt Gen Sadhna Saxena Nair
C) Lt Gen Punita Arora
D) Lt Gen Gagandeep Bakshi
E) Lt Gen Anjali Gupta
Answer: B) Lt Gen Sadhna Saxena Nair

Event and Location:

• Event: Appointment of the first woman Director General Medical Services (Army)
• Location: Delhi, India

Mandates and Objectives:

• Mandate:
  • Lt Gen Sadhna Saxena Nair has been appointed as the Director General Medical Services (Army), marking a historic first for women in this prestigious position.
• Objective:
  • To lead and manage the medical services of the Indian Army, ensuring the health and medical readiness of army personnel.

Important Terms Explained:

• Director General Medical Services (Army):
  • The senior-most medical officer in the Indian Army responsible for overseeing all medical facilities and services provided to army personnel.
• Army Medical Corps (AMC):
  • A specialist corps in the Indian Army which provides medical services to all army personnel, their families, and retired veterans.

Lt Gen Sadhna Saxena Nair’s Achievements and Background:

• Education:
  • Graduated from the Armed Forces Medical College, Pune.
  • Holds a Post Graduate degree in Family Medicine and Diplomas in Maternal & Child Health and Health Care Management.
  • Trained in Medical Informatics at AIIMS, New Delhi.
  • Trained in Chemical, Biological, Radiological and Nuclear Warfare with the Israeli Defence Forces and in Military Medical Ethics with the Swiss Armed Forces.
• Career Milestones:
  • First woman to hold the post of DG Hospital Services (Armed Forces) on promotion to the rank of Air Marshal.
  • First woman Principal Medical Officer of Western Air Command and Training Command, Indian Air Force (IAF).
• Awards and Honors:
  • Awarded the Air Officer Commanding-in-Chief, Western Air Command, and Chief of the Air Staff Commendations.
  • Recipient of the Vishisht Seva Medal by the President of India.
• Expertise and Contributions:
  • Nominated as an expert member of the Dr Kasturirangan Committee for drafting the medical education component of the National Education Policy.

Static GK Information:

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13. Who was appointed as the Managing Director of the National Housing Bank (NHB) in July 2024?
A) R. Subramania Kumar
B) Shachindra Nath
C) Sanjay Shukla
D) Sivasubramanian Ramann
E) Shyam Srinivasan
Answer: C) Sanjay Shukla

Event and Location:

• Event: Appointment of Sanjay Shukla as Managing Director of National Housing Bank (NHB)
• Location: New Delhi, India

Mandates and Objectives:

• Mandate:
  • Sanjay Shukla was appointed as the Managing Director (MD) of the National Housing Bank (NHB), effective from July 30, 2024.
• Objective:
  • To lead and drive the growth and development of NHB, leveraging his extensive experience in housing and retail asset finance.

Important Terms Explained:

• National Housing Bank (NHB):
  • A government-owned financial institution that promotes housing finance institutions both at local and regional levels and provides financial and other support to such institutions.

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Defence – Daily Current Affairs August 01

14. When will the first phase of India’s multinational air exercise ‘Tarang Shakti 2024’ begin?
A) August 1
B) August 6
C) August 14
D) August 29
E) September 14
Answer: B) August 6

Event and Location:

• Event: Tarang Shakti 2024 – India’s first multinational air exercise
• Location: Sular, Tamil Nadu, and Jodhpur, Rajasthan, India

Mandates and Objectives:

• Mandate:
  • Tarang Shakti 2024 is a multinational air exercise hosted by India, aimed at showcasing the country’s defence capabilities and fostering cooperation among participating militaries.
• Objectives:
  • Enhance military cooperation among the 30 participating countries.
  • Showcase India’s indigenous defence technology, including fighter aircraft like the Tejas, Rafale, Mirage 2000, Jaguar, and MIG 29.
  • Conduct joint flying and ground training sessions.
  • Promote cultural exchange and defence exhibitions.

Important Terms Explained:

• Tejas:
  • An indigenous Indian multirole light fighter aircraft developed by Hindustan Aeronautics Limited (HAL).
• Rafale:
  • A French twin-engine multirole fighter aircraft used by the Indian Air Force (IAF).
• Mirage 2000:
  • A French multirole, single-engine fighter aircraft used by the IAF.
• Jaguar:
  • A ground-attack aircraft of Anglo-French origin used by the IAF.
• MIG 29:
  • A Russian twin-engine air superiority fighter aircraft used by the IAF.

Event Details:

• Participants:
  • 30 countries are participating, with ten countries bringing their fighter aircraft.
  • Participating countries with aircraft include Australia, Bangladesh, France, Germany, Greece, Spain, the United Arab Emirates, the United Kingdom, the USA, and Singapore.
  • 18 other countries will attend as observers.

Date and Phases:

• First Phase:
  • Date: August 6 to August 14, 2024
  • Location: Sular, Tamil Nadu, India
• Second Phase:
  • Date: August 29 to September 14, 2024
  • Location: Jodhpur, Rajasthan, India

Static GK Information:

Tabular Summary:

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Over All Review

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