Daily Current Affairs July 10

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July 10| Daily Current Affairs 2023

Important Days – Daily Current Affairs July 10

1. On which day is National Fish Farmers Day celebrated every year?
A) July 1
B) July 5
C) July 10
D) July 15
E) July 20
Answer: C) July 10

  • National Fish Farmers Day is celebrated every year on July 10 to commemorate the contribution of eminent fisheries scientist professor Hiralal Chaudhary and his colleague Alikunhi in achieving successful induced breeding of Indian Major Carps in the country on July 10, 1957, at Angul in Odisha.
  • Edition: 23rd
  • First Edition: 2001

Sports – Daily Current Affairs July 10

2. Which city has been chosen by the Olympic Council of Asia (OCA) to host the 2025 Asian Winter Games?
A) Beijing
B) Shanghai
C) Harbin
D) Guangzhou
E) Chengdu
Answer: C) Harbin

  • Harbin, capital of northeast China’s Heilongjiang Province, was chosen by the Olympic Council of Asia (OCA) to host the 2025 Asian Winter Games.
  • The OCA made the decision at its 42nd Congress held in Bangkok, Thailand.
  • It will be the second time Harbin hosts the Asian Winter Games – the first was in 1996 – and the third time the regional games is to be held in a Chinese city, the other being in Changchun, northeast China’s Jilin Province, in 2007.
  • Harbin’s successful bid also came after Beijing successfully hosted the Olympic Winter Games in 2022
  • Harbin which has previously hosted a number of events including the third Asian Winter Games in 1996, the 10th National Winter Games of China in 2003, and the 24th World University Games in 2009.
  • Harbin, whose name was originally a Manchu word meaning “a place for drying fishing nets”, grew from a small rural settlement on the Songhua River to become one of the largest cities in Northeast China.
  • The yet-to-be-built Saudi Arabia resort of Trojena was awarded the 2029 Asian Winter Games as last year’s OCA General Assembly in Phnom Penh.
  • Sapporo in Japan held the last Asian Winter Games in 2017 when 64 events in 11 sports were contested.
  • It was the second time they had hosted the Games having staged the first edition in 1986.

Ranking – Daily Current Affairs July 10

3. How many Indian-origin women have made it to the Forbes list of America’s 100 richest self-made women?
A) One
B) Two
C) Three
D) Four
E) Five
Answer: D) Four

Forbes’ list of America’s 100 most successful self-made women

RANK NAME NET WORTH
1 Diane Hendricks $15 Billion
2 Judy Love & family $10.2 Billion
3 Judy Faulkner $7.4 Billion
4 Lynda Resnick $5.3 Billion
5 Thai Lee $4.8 Billion
15 JayshreeUllal $2.2 Billion
25 NeerjaSethi $ 990 million
50 Neha Narkhede $ 520 million
77 Indira Nooyi $ 350 million

Banking and Finance – Daily Current Affairs July 10

4. Which stock exchange celebrated its 149th Foundation Day on July 10, 2023, and also unveiled its new logo?
A) NSE (National Stock Exchange)
B) NYSE (New York Stock Exchange)
C) BSE (Bombay Stock Exchange)
D) LSE (London Stock Exchange)
E) HKEX (Hong Kong Stock Exchange)
Answer: C) BSE (Bombay Stock Exchange)

  • The BSE, Asia’s largest stock exchange celebrated its 149th Foundation Day on July 10, 2023, along with unveiling the exchange’s new logo.
  • Formerly known as the Bombay Stock Exchange, the exchange and its benchmark index S&P BSE Sensex is a household name in the Indian capital markets.
  • The BSE was first established in 1875 as ‘The Native Share and Stock Broker’s Association’ in Mumbai’s Dalal Street.
  • The new logo was launched by S SMundra, Chairman of BSE, in the presence of Board and committee members of BSE and ICCL.
  • The Logo has Shedding light on the colours – white, blue, red and yellow.
  • The blue represents the colour of the sky and the ocean, which represents the knowledge and integrity of the organisation. The red, orange and yellow represent the transition of the rays of the sun which signifies the bright future of the organisation.
  • The Diya is also a torch which BSE employees will carry to show light ahead for further development of capital markets
  • In 2017, the BSE became the first listed stock exchange in India.

Key Milestones:

  • July 9, 1875 – The Native Share & Stock Broker’s Association was formed
  • August 31, 1957 – BSE was granted permanent recognition under Securities Contracts (Regulation) Act (SCRA)
  • January 2, 1986 – S&P BSE SENSEX, the country’s first equity index was launched
    1997 – BSE On-Line Trading (BOLT) system expanded across the country
  • July 2001 – India’s first free-float index BSE Teck launched; stock options also made their entry
  • February 3, 2017 – BSE became India’s first listed stock exchange when it listed on NSE
  • December 22, 2018 – BSE launched ‘BSE Startups’, a new platform for entrepreneurs to list their start-ups
  • October 24, 2022 – Electronic Gold Receipts (EGRs) were launched on Diwali during Muhurat Trading session
Titbits

Bombay Stock Exchange:

Headquarters: Mumbai, ‎Maharashtra‎
Founded: 9 July 1875
MD and CEO :Sundararaman Ramamurthy


Appointments – Daily Current Affairs July 10

5. Who was re-elected as the President of Uzbekistan?
A) ShavkatMirziyoyev
B) Islam Karimov
C) RustamAzimov
D) Abdulla Aripov
E) ShavkatMiromonovichMirziyoyev
Answer: A) ShavkatMirziyoyev

  • Uzbekistan’s President ShavkatMirziyoyev was re-elected with 87.1% of the vote.
    Mirziyoyev, who has led Central Asia’s most populous nation Uzbekistan since 2016.
  • Mirziyoyev had previously served as prime minister under his predecessor Islam Karimov.
  • He extended the presidential term from five to seven years.
Titbits

Uzbekistan:

Capital: Tashkent
Currency: Uzbekistani som
President: ShavkatMirziyoyev
Prime Minister: Abdulla NigmatovichAripov


6. Who was granted a 2-year extension as the CEO of Centre for Development of Telematics (C-DoT) by the Appointments Committee of the Cabinet (ACC)?
A) Dr.RajkumarUpadhyay
B) Dr. Rajesh Gupta
C) Dr. Sunil Kumar
D) Dr. Anil Sharma
E) Dr. Sanjay Patel
Answer: A) Dr.RajkumarUpadhyay

  • The Appointments Committee of the Cabinet has approved the proposal of the Department of Telecommunications for the extension in tenure of Dr.RajkumarUpadhyay, CEO, C-DoT for a period of two years beyond his attaining the age of 60 years, or until further orders
  • Earlier, the Department of Telecommunications (DoT) had proposed the extension for Upadhyay beyond his superannuation on July 9, 2023.
  • In October 2020, Upadhyay joined India’s telecom technology research organisation C-DoT as the executive director.
  • Last December, he was promoted to the newly-created rank of the CEO, and had become C-DoT’s board chairman.
  • Upadhyay is also the founding member of the Bharat 6G Alliance, the country’s prestigious group to spearhead developments in the next generation technology.
  • Previously, he served the Telecom Regulatory Authority of India (TRAI) as an advisor, and worked as a deputy director general (DDG) at DoT.

7. Who was elected as the new president of the Olympic Council of Asia (OCA) at the 42nd OCA Congress?
A) Sheikh Talal Fahad Al-Sabah
B) Sheikh Ahmad Al-Fahad Al-Sabah
C) Sheikh Mohammed Al-Sabah
D) Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah
E) Sheikh Nasser Al-Mohammed Al-Ahmed Al-Sabah
Answer: A) Sheikh Talal Fahad Al-Sabah

  • The Olympic Council of Asia (OCA) elected Sheikh Talal Fahad Al-Sabah as its new president at the 42nd OCA Congress.
  • Sheikh Talal received 24 of the 44 votes cast.
  • Sheikh Talal, 58, is the son of the first OCA president Sheikh Fahad Al-Ahmad Al-Jaber Al-Sabah, who was president from 1982 to 1990, and the younger brother of the previous OCA president Sheikh Ahmad Fahad Al-Sabah, who led the organization from 1991 to 2021.
  • Sheikh Talal joined the OCA in 2007 and served as chair of the OCA Rules Committee and a member of the OCA Executive Board.
Titbits

Olympic Council of Asia(OCA):

Headquarters: Kuwait City, Kuwait
President: Sheikh Talal Fahad Al-Sabah
Founded: 16 November 1982


8. Who has been appointed as the MD & CEO of SBI Card for two years?
A) Abhijit Chakravorty
B) Rajnish Kumar
C) Aditya Puri
D) Chanda Kochhar
E) Arundhati Bhattacharya
Answer: A) Abhijit Chakravorty

  • SBI Cards & Payment Services (SBI Card), the country’s largest pure-play credit card issuer, has appointed Abhijit Chakravorty as MD & CEO.
  • Chakravorty, who is presently a Deputy Managing Director at SBI, will assume charge of his new role on August 12.
  • He has been appointed as SBI Card’s MD&CEO for two years.
  • Incumbent MD & CEO Rama Mohan Rao Amara has tendered his resignation owing to his transfer to SBI. Amara will demit office on August 11.
  • Chakravorty managed the Bangladesh Operations of SBI as CEO and Country Head.
  • He was Chief General Manager (Channels & Operations) at the Global IT Centre of the Bank, Chakravorty was leading the vertical responsible for IT operations of the customer-facing channels and payment systems.
Titbits

SBI cards payment services ltd:

Headquarters : New Delhi, Delhi
MD &CEO : Rama Mohan Rao Amara
Next MD & CEO: Abhijit Chakravorty( From August 12,2023)
Chairman: Mr. Dinesh kumarKhara


Awards – Daily Current Affairs July 10

9. Which insurance company won the Insurer Innovation Award 2023 at the World’s Digital Insurance Awards?
A) Bajaj Allianz Life Insurance
B) LIC (Life Insurance Corporation of India)
C) HDFC Life Insurance
D) ICICI Prudential Life Insurance
E) SBI Life Insurance
Answer: A) Bajaj Allianz Life Insurance

  • Bajaj Allianz Life Insurance, one of the leading private life insurer in India today announced that it has won the Insurer Innovation Award 2023 for the APAC region at The World’s Digital Insurance Awards.
  • The award, hosted by TDI – The Digital Insurer, acknowledges Bajaj Allianz Life’s ground-breaking WhatsApp Conversational Platform – empowering customers to digitally services their policies seamlessly.
  • TDI with 50k+ members from 100+ countries, hosted the 8th edition of The World’s Digital Insurance Awards to showcase some of the most innovative projects in the insurance industry.
  • The company developed an intuitive customer BOT on the WhatsApp Business Platform, empowering customers to self-serve and quickly resolve queries while also offering real-time human live agent support.
  • The platform has accelerated customer transactions, enabling seamless processes and sharing information about new offerings and solutions.
  • The BOT ecosystem is extended to its sales and distribution channels as well as employees.
Titbits

Bajaj Allianz Life Insurance:

Hq: Pune, Maharashtra
MD &CEO :TarunChugh


10. Which federation was honoured with the prestigious best member federation award by the Asian Athletics Association?
A) Athletics Federation of India (AFI)
B) International Association of Athletics Federations (IAAF)
C) Asian Athletics Association (AAA)
D) United States Track and Field (USATF)
E) European Athletics (EA)
Answer: A) Athletics Federation of India (AFI)

  • The Athletics Federation of India (AFI) was honoured with the prestigious best member federation award by the Asian Athletics Association in Bangkok.
  • AdilleSumariwalla, the president of AFI, received the esteemed award during a ceremony hosted by the Asian Athletics Association.
  • The recognition highlights the AFI’s exceptional contributions and achievements in the field of athletics, showcasing their dedication to the sport and their outstanding performance as a member federation.
  • The award serves as a testament to the AFI’s commitment to promoting and advancing athletics in India.
Titbits

Athletics Federation of India (AFI):

Founded: 1946
Headquarters: New Delhi, Delhi
Membership: 32
President: Mr. Adille J. Sumariwalla


International Affairs – Daily Current Affairs July 10

11. Where is the World Hindu Conference (WHC), organized by the World Hindu Foundation, scheduled to take place?
A) New Delhi, India
B) Mumbai, India
C) Bangkok, Thailand
D) Kathmandu, Nepal
E) Colombo, Sri Lanka
Answer: C) Bangkok, Thailand

  • The three-day World Hindu Conference (WHC), being organised by the World Hindu Foundation, is scheduled to start on November 24 at a convention centre in Bangkok.
  • The World Hindu Foundation had organised the first international conference in Delhi in 2014 and the second in Chicago in 2018.
  • The theme of the WHC-2023 is “JayasyaAayatnamDharmah”, meaning “dharma, the abode of victory”.
  • It held once every four years since 2014.
Titbits

Thailand:

Capital: Bangkok
Currency: Thai Baht
Prime Minister: Prayut Chan-o-cha


National Affairs – Daily Current Affairs July 10

12. In which state was the pilot project of the ‘AntyodayaShramik Suraksha Yojana’ launched?
A) Maharashtra
B) Rajasthan
C) Gujarat
D) Uttar Pradesh
E) Tamil Nadu
Answer: C) Gujarat

  • Gujarat Chief Minister Bhupendra Patel and Union Minister of State for Communications Devusinh Chauhan launched the AntyodayaShram Suraksha Accident Insurance Scheme from Nadia of Kheda district in Gujarat.
  • The scheme, launched on a pilot basis, is being implemented through the Indian Postal Department, theIndian Post Payments Bank, and the Ministry of Labour and Employment.
  • It is important to note here that Gujarat became the first state in India to launch a scheme for the welfare of laborers.
  • The objective of AntyodayaShramik Suraksha Yojana is to give priority to the welfare and safety of our Shram Yogis so that they can get financial security in case of an accident.
  • Under this scheme, insurance with a premium of ₹289 and ₹499 per year will provide to be crucial support to workers in the event of death or partial disability.
  • In case of the laborer’s accidental death, ₹10 lakh will be given to their family and the same amount will be given to the worker in case of permanent disability.
  • Also, in the event of the death, the deceased’s children will be eligible for education assistance of ₹1 lakh.
  • The India Post Payments Bank (IPPB) was launched by Prime Minister Narendra Modi on 1st September 2018.
  • IPPB has been set up under the Department of Posts, Ministry of Communications, with 100% equity owned by the Government of India.
  • The bank has been established with a vision to make it the most accessible, affordable, and reliable bank for the common man in India.
Titbits

Gujarat:

Capital : Gandhinagar
CM :Bhupendra Patel
Governor : Acharya Dev Vrat


13. Which companies have signed a teaming agreement (TA) to participate in a techno-commercial bid for the Indian Navy’s P75 (India) submarine programme?
A) Larsen & Toubro and BAE Systems
B) Larsen & Toubro and Thyssenkrupp Marine Systems
C) Larsen & Toubro and Navantia
D) Larsen & Toubro and Naval Group
E) Larsen & Toubro and Saab
Answer: C) Larsen & Toubro and Navantia

  • Larsen & Toubro and Navantia of Spain signed a teaming agreement (TA) to participate in a techno-commercial bid for the Indian Navy’s six P75 (India) submarine programme expected to be valued at $5.8 billion.
  • The TA was signed at the Spanish Embassy to meet the deadline of the Request for Proposal (RFP) floated by the Ministry of Defence for six submarines which was earlier extended to August.
  • The other bidder is defence PSU Mazagon Dock Shipbuilders which has tied up with Germany’s Thyssenkrupp Marine Systems.
  • P75(I) will be the first programme to be processed under the ambitious Strategic Partnership (SP) model of acquisition of the Ministry of Defence.
  • Navantia would carry out the design of P75(I) submarines based on its S80 class of submarines, the first of which was launched in 2021 and is undergoing sea trials prior to its delivery to Spanish Navy at the end of 2023.
  • Apart from S80 class, Navantia has been involved in design and construction of Scorpéne class of submarines together with DCNS (Now Naval Group) of France, which have been exported to Chile and Malaysia. Navantia has also been involved in the Scorpene submarines (Kalvari class) built in India including handholding of the Indian yard.
  • P75(I) program calls for integration of an AIP system.
  • In March, Centre approved a budget of Rs 56,000 crore for its navy, which has 16 conventional submarines, 11 of which are more than two decades old, along with two indigenous nuclear-powered submarines.
Titbits

Larsen & Toubro Ltd:

CMD: Sekharipuram Narayan Subrahmanyan
Headquarters: Mumbai
Founded: 7 February 1938

Navantia:

Headquarters: Madrid, Spain
President: Ricardo DomínguezGarcía-Baquero


14. What is the name of the scheme approved by the Odisha Cabinet with an allocation of Rs 4000 crore?
A) Ama Odisha Nabin Odisha Scheme
B) Odisha Cabinet Scheme
C) Nabin Odisha Scheme
D) Ama Odisha Scheme
E) Odisha Allocation Scheme
Answer: A) Ama Odisha Nabin Odisha Scheme

  • Odisha Cabinet approved ‘Ama Odisha Nabin Odisha’ scheme with an allocation of Rs 4000 crore.
  • There is provision of Rs. 4000 Crore under the scheme from the State Budget.
  • The State government has modified the guidelines of the earlier intervention “AmaGaonAmaBikash” by giving it a new dimension in the form of “Ama Odisha Nabin Odisha” under the State Plan to make it effective from the Financial Year 2023-24.

The details of the Scheme are as follows:

  • The vision of the intervention is to transform Odisha into a modern and aspirational Odisha retaining the essence, soul, and spirit of Jagannath culture and spreading over to the world. Odisha is the land that gave Jagannath culture to the world. A culture that is based on universal love, service and equality.
  • The main objective of the scheme is to provide missing links to the existing small and essential projects and the development of infrastructure. Also achieving empowerment of women, youth, bridging critical gap in education, digital and sports facilities.
  • Improvement of infrastructure for primary education and also providing missing links to the existing development infrastructure, construction, modernization, and expansion works.
  • Creating additional facilities for Mission Shakti Groups at GP level.
  • Bridging critical gaps at GP level to improve rural areas by way of providing urban facilities.
  • Development of sports facilities for the youths.
  • Providing Banking Facilities.
  • Improvement of digital access in terms of mobile connectivity, optical fibre connectivity, WiFi and internet connectivity.
  • There is a budget provision of Rs 4000 crore under the scheme from the State Budget.
  • The scheme will cover all Gram Panchayats in each Block of the State with the entitlement of Rs 50 lakh.
  • The project cost shall be between Rs 2.50 lakh to Rs 10 lakh.
  • The project under the scheme shall be suggested/ recommended by local people/community organizations/ public representatives and other stakeholders.
  • The consolidated G.P. wise project list of the Block shall be submitted to PR & DW Department with the signatures of the Collector and President, ZillaParishad of the district for due examination and approval of the Government.
  • The Panchayat Samiti shall execute the work departmentally following due procedure. The Collector shall be authorized to select any other agency/agencies for the execution of work.
  • Transparency measures such as a web-based MIS for monitoring the Scheme and a dedicated app for sharing photographs before, during, and after each project with GIS tagging shall be developed under the scheme.
Titbits

Odisha:

Capital : Bhubaneswar
Chief Minister – Naveen Patnaik
Governor – Ganeshi Lal


15. What proposal did the Odisha Cabinet approve for the inclusion in the 8th Schedule of the Constitution?
A) Inclusion of Hindi language
B) Inclusion of Bengali language
C) Inclusion of Kui language
D) Inclusion of Tamil language
E) Inclusion of Marathi language
Answer: C) Inclusion of Kui language

  • The State Cabinet led by Chief Minister Naveen Patnaik recommended the proposal for the inclusion of ‘Kui language” in the 8th Schedule of the Constitution of India.
  • The Inclusion of the “Kui” language in the 8th schedule of Constitution will add several benefits to the Kandh tribe of Odisha.
  • It will create an eco-system to facilitate research and Studies anchored around the preservation, promotion, and propagation of Kui Language.


Over All Review

Important Days

  • National Fish Farmers Day is celebrated every year on July 10

Sports 

  • Harbin, capital of northeast China’s Heilongjiang Province, was chosen by the Olympic Council of Asia (OCA) to host the 2025 Asian Winter Games.

Ranking 

  • Four Indian-origin women have made it to the Forbes list of America’s 100 richest self-made women

Banking and Finance 

  • The BSE, Asia’s largest stock exchange celebrated its 149th Foundation Day on July 10, 2023, along with unveiling the exchange’s new logo.

Appointments

  • Uzbekistan’s President ShavkatMirziyoyev was re-elected with 87.1% of the vote.
  • The Appointments Committee of the Cabinet has approved the proposal of the Department of Telecommunications for the extension in tenure of Dr.RajkumarUpadhyay, CEO, C-DoT for a period of two years beyond his attaining the age of 60 years, or until further orders
  • The Olympic Council of Asia (OCA) elected Sheikh Talal Fahad Al-Sabah as its new president at the 42nd OCA Congress
  • SBI Cards & Payment Services (SBI Card), the country’s largest pure-play credit card issuer, has appointed Abhijit Chakravorty as MD & CEO.

Awards 

  • Bajaj Allianz Life Insurance has won the Insurer Innovation Award 2023 for the APAC region at The World’s Digital Insurance Awards.
  • The Athletics Federation of India (AFI) was honoured with the prestigious best member federation award by the Asian Athletics Association in Bangkok.

International Affairs

  • The three-day World Hindu Conference (WHC), being organised by the World Hindu Foundation, is scheduled to start on November 24 at a convention centre in Bangkok.

National Affairs

  • Gujarat Chief Minister Bhupendra Patel and Union Minister of State for Communications Devusinh Chauhan launched the AntyodayaShram Suraksha Accident Insurance Scheme from Nadia of Kheda district in Gujarat.
  • Larsen & Toubro and Navantia of Spain signed a teaming agreement (TA) to participate in a techno-commercial bid for the Indian Navy’s six P75 (India) submarine programme expected to be valued at $5.8 billion.
  • Odisha Cabinet approved ‘Ama Odisha Nabin Odisha’ scheme with an allocation of Rs 4000 crore.
  • The State Cabinet led by Chief Minister Naveen Patnaik recommended the proposal for the inclusion of ‘Kui language” in the 8th Schedule of the Constitution of India.

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