Daily Current Affairs July 03

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 03. 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 03| Daily Current Affairs 2023

Important Days – Daily Current Affairs July 03

1. On which date is International Plastic Bag Free Day annually celebrated?
A) July 1
B) July 2
C) July 3
D) July 4
E) July 5
Answer: C) July 3

  • International Plastic Bag Free Day is annually celebrated on July 3.
  • The aim behind the observing the day is to create awareness about the hazardous effects of single-use plastic bags on the environment
  • The initiative was initiated by the Bag Free World campaign, a global movement focused on reducing the consumption of single-use plastic bags, which inspired participation from various regions worldwide.
  • In 2008, Zero Waste Europe launched a campaign against single-use plastic bags on this very day. Additionally, in 2015, the European Union enacted specific directives to decrease the usage of single-use plastic bags
  • 1st edition : 2023

World Sports Journalist Day

  • History: In 1994, the International Sports Press iAssociation (AIPS) established World Sports Journalist Day, the day commemorates the formation of AIPS as an organization on July 2 during the Summer Olympics in Paris.
  • Date: Every year, World Sports Journalist Day is celebrated on July 2 across the world since 1994.

Sports – Daily Current Affairs July 03

2. Who won the fifth Austrian Grand Prix?
A) Lewis Hamilton
B) Max Verstappen
C) Sebastian Vettel
D) Charles Leclerc
E) ValtteriBottas
Answer: B) Max Verstappen

  • Held : circuit Red Bull Ring, Spielberg, Austria.
Rank Name Car company
1 Max Verstappen Red Bull
2 Sergio Perez Red Bull
3 Fernando Alonso Aston Martin

3. Who clinched his maiden title on the ATP World Tour, winning the doubles trophy at the Mallorca Championships?
A) Yuki Bhambri
B) Lloyd Harris
C) Roger Federer
D) Rafael Nadal
E) Novak Djokovic
Answer: A) Yuki Bhambri

  • Yuki Bhambri clinched his maiden title on the ATP World Tour, winning the doubles trophy at the Mallorca Championships with South African partner Lloyd Harris.
  • The duo defeated the Dutch-Austrian combo of RobineHasse and Philipp Oswald 6-3 6-4 in the final of the grasscourt event.

Banking and Finance – Daily Current Affairs July 03

4. Which bank has joined hands with NeSL (National E-Governance Services Limited) to roll out digital services under the project named “Wave”?
A) State Bank of India (SBI)
B) Punjab National Bank (PNB)
C) ICICI Bank
D) Indian Bank
E) HDFC Bank
Answer: D) Indian Bank

  • Public sector lender Indian Bank has unveiled new services under its digital transformation initiative — Project WAVE
  • Indian bank in collaboration with National E-Governance Services Ltd, has introduced an electronic bank guarantee (e-BG) service to ease traditional paper-based processes.
  • This move will also reduce the turn-around time of the bank guarantee issuance and delivery to the beneficiary from an industry average of 3-4 working days to a few minutes
  • Besides, the facility would replace the need for physical stamp paper and physical signatures of customers by replacing them with digital stamping and e-signing making the entire process digital.
  • Indian Bank has launched a facility to avail pre-approved business loans, an end-to-end digital journey, for eligible individuals and proprietor firms to cater to their respective businesses.
  • The newly launched digital vehicle loan product enables individual customers of the bank to get their dream vehicle with hassle-free loan processes.
  • This facility would be available for loan value up to Rs 25 lakh.
Titbits

Indian Bank:

Hq: Chennai,Tamilnadu
MD & CEO: Shanti Lal Jain
Tagline : Your Own Bank

NeSL:

Abbreviation: National E-Governance Services Limited
Headquarters: JAGATPURI,DELHI
MD & CEO: Debajyoti Ray Chaudhuri
Found: 24th June 2016


5. Which bank revamped its digital banking application ‘YONO for Every Indian’ and launched Interoperable Cardless Cash Withdrawal (ICCW) facilities?
A) State Bank of India (SBI)
B) Punjab National Bank (PNB)
C) ICICI Bank
D) Indian Bank
E) HDFC Bank
Answer: A) State Bank of India (SBI)

  • The largest public sector lender, State Bank of India (SBI) revamped its digital banking application ‘YONO for Every Indian’ and further launched Interoperable Cardless Cash Withdrawal (ICCW) facilities.
  • This was done on the backdrop of the lender’s 68th Bank Day.
  • Through the enhanced YONO application, any bank customers will now have access to UPI features like Scan and Pay, Pay by contacts, and Request money, among others on YONO’s new avatar.
  • Further, under the Interoperable Cardless Cash Withdrawal facility, both the customers of SBI and other banks can withdraw cash seamlessly from ICCW-enabled ATMs of any bank by using the ‘UPI QR Cash’ functionality.
  • SBI has emerged as one of the most trusted mobile banking app in the country with over 6 crore registered users in its digital face ‘YONO’ since its launch in 2017.
Titbits

State Bank of India:

Headquarters : Mumbai, Maharashtra
Chairman : Dinesh Kumar Khara
Tagline : With You all the way, Pure Banking Nothing Else, The Nation Bank on Us, The Banker to Every Indian, A Bank of the Common Man


Appointments – Daily Current Affairs July 03

6. Who has assumed charge as the new Chairman-cum-Managing Director (CMD) of Coal India Limited (CIL)?
A) PM Modi
B) Pranab Mukherjee
C) Rajnath Singh
D) Prakash Javadekar
E) PM Prasad
Answer: E) PM Prasad

  • PM Prasad has assumed charge as the new Chairman-cum-Managing Director (CMD) of Coal India Limited (CIL)
  • Prior to this, he was serving as Chairman-cum-Managing Director (CMD) of Central Coalfields Limited (CCL) since October 1, 2020.
  • He was awarded as ‘Best Mines Manager’ from Secretary Coal, Ministry of Coal (MoC) and Chairman, Coal India Limited in 1995.
  • In May 2015 he joined NTPC as Executive Director (Coal mining). In March 2016, he took charge as Executive Director cum Head of the Project, Hazaribagh, Jharkhand.
  • During his tenure, he led the commencement
  • In February, 2018 he joined Northern Coalfields Limited (NCL) as Director Technical (P&P).
  • Under his leadership, NCL was awarded at the World Environmental Conference in June 2018 for outstanding work in environment conservation.
  • He took over the charge of CMD, Bharat Coking Coal Limited (BCCL) in August 2019.
Titbits

CIL:

Abbreviation : Coal India Limited
Founded: November 1975
Headquarters: Kolkata, West Bengal
CEO: PolavarapuMallikharjuna Prasad


National Affairs – Daily Current Affairs July 03

7. Where did the Prime Minister launch the National Sickle Cell Anaemia Elimination Mission?
A) Shahdol, Madhya Pradesh
B) Jaipur, Rajasthan
C) Kolkata, West Bengal
D) Chennai, Tamil Nadu
E) Lucknow, Uttar Pradesh
Answer: A) Shahdol, Madhya Pradesh

  • The Prime Minister, Shri Narendra Modi launched the National Sickle Cell Anaemia Elimination Mission in Shahdol, Madhya Pradesh and distributed sickle cell genetic status cards to the beneficiaries.
  • The Prime Minister also kickstarted the distribution of about 3.57 crore Ayushman Bharat Pradhan Mantri Jan ArogyaYojana (AB-PMJAY) cards in Madhya Pradesh
  • The Mission aims to address the pressing health challenges posed by sickle cell disease, particularly among the tribal population.
  • The launch will mark a crucial milestone in the Government’s ongoing efforts to eliminate sickle cell disease as a public health problem by 2047.
  • The National Sickle Cell Anaemia Elimination Mission was announced in the Union Budget 2023.
  • This will be implemented in 278 districts of 17 high-focus states in the country namely Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, Jharkhand, Chhattisgarh, West Bengal, Odisha, Tamil Nadu, Telangana, Andhra Pradesh, Karnataka, Assam, Uttar Pradesh, Kerala, Bihar, and Uttarakhand.
  • The Prime Minister also kickstarted the distribution of about 3.57 crore Ayushman Bharat Pradhan Mantri Jan ArogyaYojana (AB-PMJAY) cards in Madhya Pradesh.
  • The ceremony for the distribution of Ayushman cards is being organized at Urban bodies, Gram panchayats and Development Blocks across the state.
  • The Ayushman card distribution campaign is a step towards realizing the Prime Minister’s vision of reaching out to every beneficiary to ensure 100 percent saturation of welfare schemes.

8. Which organization signed a Memorandum of Understanding (MoU) with Indian Port Rail & Ropeway Corporation Ltd & Indian Coast Guard for the development of a gallery at the National Maritime Heritage Complex?
A) DRDO
B) Indian Navy
C) Indian Air Force
D) Indian Army
E) National Security Guard (NSG)
Answer: B) Indian Navy

  • A Memorandum of Understanding (MoU) was signed between Indian Coast Guard & Indian Navy with Indian Port Rail & Ropeway Corporation Ltd in Gandhinagar for the planning, development, construction, and commissioning of a gallery on the theme “Evolution of Indian Navy & Indian Coast Guard” at the National Maritime Heritage Complex (NMHC) which is being constructed at the historic Indus Valley civilization region of Lothal (Gujarat).
  • The signing of the MoU took place in the presence of Shri SarbanandaSonowal, Minister of Ports, Shipping and Waterways, Shri Bhupendra Patel, Chief Minister of Gujarat, Dr.MansukhMandaviya, Minister of Health & Family Welfare and Chemical & Fertilizers, Shri ShripadYessoNaik, Minister of State for Ports, Shipping and Waterways & Tourism and Shri Shantanu Thakur, Minister of State for Ministry of Ports, Shipping & Waterways.
  • The senior officers of the Indian Coast Guard, Indian Navy including Additional Director General Rakesh Pal, PTM, TM, were also present.
  • The Government of India is building the National Maritime Heritage Complex (NMHC) at the historic Indus Valley civilization region of Lothal (Gujarat) under the aegis of the Ministry of Ports, Shipping and Waterways.
  • The foundation stone for the NMHC project was laid by Prime Minister Shri Narendra Modi in March 2019.

9. Which initiative launched the eSARAS mobile app, adding to eCommerce initiatives for products made by Self-Help Groups (SHGs)?
A) DeendayalAntyodayaYojana – National Rural Livelihoods Mission (DAY-NRLM)
B) Pradhan MantriAwasYojana (PMAY)
C) Swachh Bharat Abhiyan
D) Make in India campaign
E) Ayushman Bharat Yojana
Answer: A) DeendayalAntyodayaYojana – National Rural Livelihoods Mission (DAY-NRLM)

  • Taking another step of strengthening marketing support for products made by women of Self-help Groups (SHGs), DeendayalAntyodayaYojna- National Rural Livelihoods Mission (DAY-NRLM) launched eSARAS mobile App which will add to eCommerce initiatives for products made by the SHGs.
  • The App was launched by Shri Shailesh Kumar Singh, Secretary, Ministry of Rural Development, Government of India at New Delhi. Shri Singh also inaugurated eSARASFulfillment Centre at the Ministry’s Janakpuri office in New Delhi on this occasion.
  • The eSARASfulfillment centre will be managed by the Foundation for Development of Rural Value Chains (FDRVC – a Not for Profit Company constituted jointly by Ministry of Rural Development and Tata Trust) and will be used for processing, packaging and shipping of products that customers purchase through the eSARAS Portal and eSARAS mobile App.
  • It will handle the logistics required to bring an online order to a customer’s doorstep.
    eSARAS an e-commerce mobile app will be used as a more effective platform for marketing of the products made by women of self-help groups.
  • It is an initiative conceptualized by the DAY-NRLM, Ministry of Rural Development (MoRD), towards the marketing of the best, authentic handicrafts and hand-looms.

10. Which organization in India signed a Memorandum of Understanding (MoU) with the South Asia Regional Anti-Doping Organization to enhance regional cooperation in anti-doping in sports?
A) Sports Authority of India (SAI)
B) Indian Olympic Association (IOA)
C) National Anti-Doping Agency (NADA)
D) Ministry of Youth Affairs and Sports
E) Indian Council of Medical Research (ICMR)
Answer: C) National Anti-Doping Agency (NADA)

  • National Anti-Doping Agency, signed a Memorandum of Understanding with South Asia Regional Anti-Doping Organisation (SARADO) in New Delhi .
  • SARADO is comprised of Anti-Doping Organisations from Bangladesh, Bhutan, Maldives, Nepal and Sri Lanka.
  • The MoU aims to increase Regional Cooperation in anti-doping in sports
Titbits

National Anti Doping Agency:

Headquarters: New Delhi
Founded: 24 November 2005
Chairman: Shri Anurag Singh Thakur


11. Where did the Startup20 Shikhar summit, under India’s G20 presidency, begin?
A) New Delhi, Delhi
B) Mumbai, Maharashtra
C) Bengaluru, Karnataka
D) Gurugram, Haryana
E) Chennai, Tamil Nadu
Answer: D) Gurugram, Haryana

  • The Startup20 Shikhar Summit, organised by the Startup20 Engagement Group under India’s G20 Presidency, kicked off in Gurugram.
  • The event will help nurture a thriving startup ecosystem.
  • Prominent dignitaries, including Shri SomParkash, Minister of State for Commerce and Industry, Shri Amitabh Kant, India’s G20 Sherpa, and Dr.ChintanVaishnav, Chair of Startup20, graced the inauguration ceremony.

12. Which two organizations signed a Memorandum of Understanding (MoU) to enhance food and agriculture collaboration between the United Arab Emirates (UAE) and India?
A) Indian Chamber of Commerce and Industry and Dubai Chamber of Commerce and Industry
B) Indian Chamber of Food and Agriculture and Ras Al Khaimah Economic Zone
C) Ministry of Agriculture, India and UAE Ministry of Climate Change and Environment
D) Food Corporation of India and Abu Dhabi Investment Authority
E) Confederation of Indian Industry and Sharjah Chamber of Commerce and Industry
Answer: B) Indian Chamber of Food and Agriculture and Ras Al Khaimah Economic Zone

  • Ras Al Khaimah Economic Zone (RAKEZ) and the Indian Chamber of Food and Agriculture (ICFA) have signed a Memorandum of Understanding (MoU) aimed at promoting mutual growth and development in the food and agriculture sectors of the UAE and India.
  • The agreement, signed by RAKEZ Group CEO RamyJallad and ICFA Chairman Dr. MJ Khan, strengthens the strategic collaboration between the two countries.
  • The partnership aims to facilitate knowledge exchange, trade promotion, investment, and research and development collaboration
  • The collaboration aims to provide opportunities for knowledge exchange and capacity-building, allowing tech and agricultural companies in the RAKEZ business community to enhance their methods and share innovative, sustainable farming techniques with major Indian companies.
  • This MoU further strengthens the UAE-India relations, which have been elevated by the recent Comprehensive Economic Partnership Agreement (CEPA).


Over All Review

Important Days

  • International Plastic Bag Free Day is observed on July 3.

Sports 

  • Max Verstappen clinched the fifth Austrian Grand Prix.
  • Yuki Bhambri clinched his maiden title on the ATP World Tour, winning the doubles trophy at the Mallorca Championships.

Banking and Finance 

  • Indian Bank has unveiled new services under its digital transformation initiative Project WAVE.
  • SBI revamped its digital banking application ‘YONO for Every Indian’ and further launched Interoperable Cardless Cash Withdrawal (ICCW) facilities.

Appointments

  • PM Prasad has assumed charge as the new Chairman-cum-Managing Director (CMD) of Coal India Limited (CIL).

National Affairs

  • Prime Minister Narendra Modi launched the National Sickle Cell Anaemia Elimination Mission in Shahdol, Madhya Pradesh.
  • Indian Coast Guard& Indian Navy signed a MoU with Indian Port Rail & Ropeway Corporation Ltd for the planning, development, construction, and commissioning of a gallery.
  • DeendayalAntyodayaYojna- National Rural Livelihoods Mission (DAY-NRLM) launched eSARAS mobile App.
  • National Anti-Doping Agency signed a MoU with South Asia Regional Anti-Doping Organisation (SARADO).
  • Startup20 Shikhar Summit under India’s G20 Presidency, kicked off in Gurugram.
    Ras Al Khaimah Economic Zone (RAKEZ) and the Indian Chamber of Food and Agriculture (ICFA) signed a MoU at promoting mutual growth and development in the food and agriculture sectors of the UAE and India.

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