Daily Current Affairs July 10

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July 10 | Daily Current Affairs 2024

Sports – Daily Current Affairs July 10

1. Who are the flag bearers for India at the Paris Olympics opening ceremony?
A) PV Sindhu and Mary Kom
B) Gagan Narang and Sharath Kamal
C) PV Sindhu and Sharath Kamal
D) Mary Kom and Manpreet Singh
E) PT Usha and PV Sindhu
Answer: C) PV Sindhu and Sharath Kamal

Event and Location:

  • Event: Selection of India’s flag bearers for the Paris Olympics opening ceremony
  • Location: Paris, France

Mandates and Objectives:

  • Objective: To announce the flag bearers and Chef-de-Mission for the Indian contingent at the 2024 Paris Olympics.
  • Mandate: PV Sindhu and Sharath Kamal are confirmed as the flag bearers for the opening ceremony, while Gagan Narang replaces Mary Kom as the Chef-de-Mission.

Important Terms Explained:

  • Chef-de-Mission (CDM): The individual responsible for ensuring the welfare of participating athletes and liaising with the organizing committee during the Olympics.
  • Flag Bearers: Athletes selected to carry the national flag during the opening ceremony of the Olympic Games.

Static GK Information:

Titbits

India:

  • Capital: New Delhi
  • Currency: Indian Rupee
  • President: Droupadi Murmu
  • Prime Minister: Narendra Modi

Indian Olympic Association (IOA):

  • President: PT Usha
  • Founded: 1927
  • Headquarters: New Delhi, India

Tabular Summary:

Event Location Date Chief Guest Significance
Selection of flag bearers and CDM Paris, France 2024 Olympics PT Usha PV Sindhu and Sharath Kamal selected as flag bearers; Gagan Narang replaces Mary Kom as Chef-de-Mission.

2. Who won the ICC Player of the Month awards for June in the men’s and women’s categories?
A) Rohit Sharma and Maia Bouchier
B) Jasprit Bumrah and Vishmi Gunaratne
C) Rahmanullah Gurbaz and Harmanpreet Kaur
D) Jasprit Bumrah and Smriti Mandhana
E) Rahmanullah Gurbaz and Smriti Mandhana
Answer: D) Jasprit Bumrah and Smriti Mandhana

Event and Location:

  • Event: ICC Player of the Month awards for June
  • Location: Global (Announced by ICC)

Mandates and Objectives:

  • Objective: To recognize and honor the outstanding performances of cricketers in June 2024.
  • Mandate: Jasprit Bumrah and Smriti Mandhana were awarded for their exceptional performances in the men’s and women’s categories, respectively.

Important Terms Explained:

  • ICC Player of the Month: An award given by the International Cricket Council (ICC) to the best male and female cricketers based on their performances in a particular month.
  • Player of the Tournament: A title given to the best performing player throughout a tournament.

Static GK Information:

Titbits

International Cricket Council (ICC):

  • Founded: 1909
  • Headquarters: Dubai, United Arab Emirates
  • Chairman: Greg Barclay

India:

  • Capital: New Delhi
  • Currency: Indian Rupee
  • President: Droupadi Murmu
  • Prime Minister: Narendra Modi

Tabular Summary:

Event Location Date Significance
ICC Player of the Month awards Global June 2024 Jasprit Bumrah and Smriti Mandhana won the ICC Player of the Month awards for men’s and women’s categories.

3. Who is the principal sponsor for Team India at the Paris 2024 Olympics?
A) Tata Group
B) Reliance Industries
C) Adani Group
D) Indian Olympic Association
E) Bharat Petroleum
Answer: C) Adani Group

Event and Location:

  • Event: Sponsorship announcement for Team India at the Paris 2024 Olympics
  • Location: Paris, France

Mandates and Objectives:

  • Objective: To support the Indian contingent at the Paris 2024 Olympics through sponsorship and a campaign to boost morale and patriotism.
  • Mandate: The Adani Group has committed to sponsoring Team India, promoting a campaign themed #DeshkaGeetAtOlympics, and supporting athletes’ preparations and participation in the Olympics.

Important Terms Explained:

  • Principal Sponsor: The main sponsor providing significant financial and promotional support to a team or event.
  • #DeshkaGeetAtOlympics: A campaign by the Adani Group focusing on the dedication of Indian athletes and evoking patriotism as they prepare for the Olympics.

Static GK Information:

Titbits

Adani Group:

  • Headquarters: Ahmedabad, Gujarat, India
  • Founded: 1988
  • Chairman: Gautam Adani

India:

  • Capital: New Delhi
  • Currency: Indian Rupee
  • President: Droupadi Murmu
  • Prime Minister: Narendra Modi

Tabular Summary:

Event Location Date Significance
Sponsorship of Team India for Paris 2024 Olympics Paris, France July 26 to August 11, 2024 Adani Group announced as principal sponsor; campaign #DeshkaGeetAtOlympics launched.

Banking and Finance – Daily Current Affairs July 10

4. What change has the Reserve Bank of India (RBI) made to the Liberalised Remittance Scheme (LRS) for investment via GIFT IFSC?
A) Restricting remittances to specific countries
B) Allowing resident Indians to open fixed deposits in dollars at GIFT IFSC
C) Introducing new taxes on remittances
D) Prohibiting remittances for investment in foreign stock markets
E) Increasing the remittance limit
Answer: B) Allowing resident Indians to open fixed deposits in dollars at GIFT IFSC

Event and Location:

  • Event: Expansion of the scope of remittances under the Liberalised Remittance Scheme (LRS)
  • Location: GIFT IFSC (Gujarat International Finance Tec-City International Financial Services Centre), India

Mandates and Objectives:

  • Objective: To provide more investment options for resident Indians and enhance the utilization of GIFT IFSC.
  • Mandate: Resident Indians can now open fixed deposit accounts in dollars at banks in GIFT IFSC.

Important Terms Explained:

  • Liberalised Remittance Scheme (LRS): A scheme by the Reserve Bank of India that allows resident individuals to remit a certain amount of money during a financial year for specific purposes.
  • GIFT IFSC: Gujarat International Finance Tec-City International Financial Services Centre, a hub for financial services and investments.

Static GK Information:

Titbits

Reserve Bank of India (RBI):

  • Founded: April 1, 1935
  • Headquarters: Mumbai, Maharashtra, India
  • Governor: Shaktikanta Das

Tabular Summary:

Event Location Date Significance
Expansion of LRS norms for GIFT IFSC GIFT IFSC, India July 10, 2024 Allows resident Indians to open fixed deposits in dollars at GIFT IFSC, enhancing investment options.

Appointments – Daily Current Affairs July 10

5. When does Govind Singh’s re-appointment as MD & CEO of Utkarsh SFB take effect?
A) January 27, 2024
B) July 8, 2024
C) September 20, 2024
D) September 21, 2024
E) September 27, 2024
Answer: D) September 21, 2024

Event and Location:

  • Event: Re-appointment of Govind Singh as MD & CEO of Utkarsh Small Finance Bank
  • Location: India

Mandates and Objectives:

  • Objective: The Reserve Bank of India (RBI) approved the re-appointment of Govind Singh as the Managing Director (MD) and Chief Executive Officer (CEO) of Utkarsh Small Finance Bank.
  • Mandate: Govind Singh’s re-appointment is effective from September 21, 2024, for a period of three years.

Important Terms Explained:

  • Reserve Bank of India (RBI): The central banking institution of India, which controls the issuance and supply of the Indian rupee and manages the country’s main payment systems.
  • Managing Director (MD) and Chief Executive Officer (CEO): The highest-ranking executive in a company, responsible for making major corporate decisions and managing the overall operations and resources of a company.

Static GK Information:

Titbits

Reserve Bank of India (RBI):

  • Founded: April 1, 1935
  • Headquarters: Mumbai, Maharashtra
  • Governor: Shaktikanta Das

Utkarsh Small Finance Bank:

  • Headquarters: Varanasi, Uttar Pradesh
  • MD & CEO: Govind Singh
  • Founded: 2016
  • Tagline: Aapki Umeed Ka Khata

Tabular Summary:

Event Location Date Significance
Re-appointment of Govind Singh India Effective from September 21, 2024 RBI approved the re-appointment of Govind Singh as MD & CEO of Utkarsh Small Finance Bank

Awards – Daily Current Affairs July 10

6. How many awards did the student team from Kumaraguru Institutions, Coimbatore, win at the Monaco Energy Boat Challenge 2024?
A) Two
B) Three
C) Four
D) Five
E) Six
Answer: C) Four

Event and Location:

  • Event: Monaco Energy Boat Challenge 2024
  • Location: Monte Carlo, Monaco

Mandates and Objectives:

  • Objective: To showcase and reward innovations in sustainable marine technology.
  • Mandate: The student team from Kumaraguru Institutions participated with their boat, Yali 3.0, and won four awards: Innovation, Design, Communications, and Monaco Townhall prizes.

Important Terms Explained:

  • Monaco Energy Boat Challenge (MEBC): An annual global event organized by the Yacht Club de Monaco focusing on sustainable marine technologies and innovation.
  • Yali 3.0: The boat developed by the student team, featuring advanced technologies such as a twin propulsion model, a 10 KW Lithium Ferro Phosphate Battery Pack, and an AI navigation system.

Static GK Information:

Titbits

Kumaraguru Institutions:

  • Location: Coimbatore, Tamil Nadu, India
  • Affiliated Colleges: Kumaraguru College of Technology and Kumaraguru College of Liberal Arts and Science

Tamil Nadu:

  • Capital: Chennai
  • Chief Minister: Muthuvel Karunanidhi Stalin
  • Governor: Banwarilal Purohit

Tabular Summary:

Event Location Date Significance
Monaco Energy Boat Challenge 2024 Monte Carlo, Monaco July 6, 2024 Kumaraguru Institutions won four awards for their innovations in sustainable marine technology.

 

National Affairs – Daily Current Affairs July 10

7. What is the main objective of the ‘Mitra Van’ initiative launched by the Yogi Adityanath government in Uttar Pradesh?
A) To promote tourism in Uttar Pradesh
B) To establish special forests for biodiversity conservation
C) To increase green cover and foster bilateral ties with Nepal
D) To enhance agricultural productivity in bordering districts
E) To provide employment opportunities through forest management
Answer: C) To increase green cover and foster bilateral ties with Nepal

Event and Location:

  • Event: Launch of ‘Mitra Van’ initiative
  • Location: Bordering areas of Uttar Pradesh and Nepal

Mandates and Objectives:

  • Objective: The main aim of the ‘Mitra Van’ initiative is to increase green cover through the plantation of 35 crore saplings and to foster bilateral ties with Nepal.
  • Mandate: Under the Vriksharopan Jan Abhiyan-2024, the initiative mandates the identification of locations for ‘Mitra Vans’ in 35 forest divisions, including regions along the Uttar Pradesh-Nepal border.

Important Terms Explained:

  • Mitra Van: A special forest initiative aimed at enhancing green cover and promoting environmental cooperation with Nepal.
  • Vriksharopan Jan Abhiyan-2024: A large-scale tree plantation campaign in Uttar Pradesh to boost the region’s green cover.

Static GK Information:

Titbits

Nepal:

  • Capital: Kathmandu
  • Currency: Nepalese Rupee
  • Prime Minister: Pushpa Kamal Dahal

Uttar Pradesh:

  • Capital: Lucknow
  • Chief Minister: Yogi Adityanath
  • Governor: Anandiben Patel

Forest Department, Uttar Pradesh:

  • Principal Chief Conservator of Forests: Sudhir Kumar Sharma
  • Headquarters: Lucknow, Uttar Pradesh

Tabular Summary:

Event Location Date Chief Guest Significance
Launch of ‘Mitra Van’ Bordering areas of Uttar Pradesh and Nepal July 20, 2024 Dignitaries from Nepal Increase green cover through plantation of 35 crore saplings and foster bilateral ties

8. Which ministry has been designated as the nodal ministry for the Haj Committee as of 2024?
A) Ministry of Home Affairs
B) Ministry of Finance
C) Ministry of Civil Aviation
D) Ministry of External Affairs
E) Ministry of Minority Affairs
Answer: E) Ministry of Minority Affairs

Event and Location:

  • Event: Designation of the Ministry of Minority Affairs as the nodal ministry for the Haj Committee
  • Location: India

Mandates and Objectives:

  • Objective: To streamline the administration and management of the Haj pilgrimage under the Ministry of Minority Affairs.
  • Mandate: The Ministry of Minority Affairs will now handle the responsibilities previously managed by the Ministry of External Affairs, including the administration of the Haj Committee Act, 2002, and associated rules.

Important Terms Explained:

  • Haj Committee: A body responsible for the management and administration of Haj pilgrimage-related activities for Indian pilgrims.
  • Nodal Ministry: The central government ministry designated to coordinate and oversee the activities and responsibilities of a specific domain or sector.

Static GK Information:

Titbits

Ministry of Minority Affairs:

  • Founded: 2006
  • Minister: Kiren Rijiju
  • Headquarters: New Delhi, India

Ministry of External Affairs (MEA):

  • Founded: 1946
  • Minister: S. Jaishankar
  • Headquarters: New Delhi, India

Tabular Summary:

Event Location Date Significance
Ministry of Minority Affairs designated as the nodal ministry for Haj Committee India July 2024 The Ministry of Minority Affairs now oversees the management of the Haj pilgrimage, replacing the MEA.

9. What was the main objective of the “Grow with the Trees” plantation drive organized by BSF in Srinagar?
A) To promote tourism in Jammu and Kashmir
B) To create a green environment and promote the importance of tree plantations
C) To increase agricultural productivity
D) To celebrate a national holiday
E) To support wildlife conservation
Answer: B) To create a green environment and promote the importance of tree plantations

Event and Location:

  • Event: “Grow with the Trees” plantation drive
  • Location: BSF Headquarters, Srinagar, Jammu and Kashmir, India

Mandates and Objectives:

  • Objective: The main aim of the plantation drive is to create a green environment and promote the importance of tree plantations.
  • Mandate: The initiative involves BSF officials, SBI Bank officials, and school children in planting trees to foster a sense of community and teamwork while addressing global warming.

Important Terms Explained:

  • Global Warming: The long-term rise in the average temperature of the Earth’s climate system, primarily due to human activities such as burning fossil fuels and deforestation.
  • Plantation Drive: An organized effort to plant trees in a particular area to improve the environment and counteract deforestation and global warming.

Static GK Information:

Titbits

Border Security Force (BSF):

  • Founded: December 1, 1965
  • Headquarters: New Delhi, India
  • Director General: Nitin Agarwal

State Bank of India (SBI):

  • Headquarters: Mumbai, Maharashtra
  • MD and CEO: Dinesh Kumar Khara
  • Tagline: “The Banker to Every Indian”

Tabular Summary:

Event Location Date Significance
“Grow with the Trees” plantation drive BSF Headquarters, Srinagar July 6, 2024 Aimed at creating a green environment and promoting the importance of tree plantations.

10. Who will lead the Indian Parliamentary Delegation to the 10th BRICS Parliamentary Forum in Russia?
A) Rajya Sabha Deputy Chairman Harivansh
B) Rajya Sabha MP Shambhu Sharan Patel
C) Lok Sabha Speaker Om Birla
D) Lok Sabha Secretary General Utpal Kumar Singh
E) Rajya Sabha Secretary General PC Modi
Answer: C) Lok Sabha Speaker Om Birla

Event and Location:

  • Event: 10th BRICS Parliamentary Forum
  • Location: St. Petersburg, Russia

Mandates and Objectives:

  • Objective: To participate in the 10th BRICS Parliamentary Forum and discuss the role of parliaments in strengthening multilateralism for global development and security.
  • Mandate: The delegation aims to strengthen inter-parliamentary cooperation and present India’s stance on relevant global issues.

Important Terms Explained:

  • BRICS Parliamentary Forum: A platform for parliamentary representatives from BRICS countries to discuss issues related to global development and security.
  • Multilateralism: The process of organizing relations between three or more countries, typically in pursuit of common goals.

Static GK Information:

Titbits

BRICS:

  • Members: Brazil, Russia, India, China, South Africa (additional members: Egypt, Ethiopia, Iran, UAE)
  • Founded: 2009
  • Purpose: To promote peace, security, and development in member countries

India:

  • Capital: New Delhi
  • Currency: Indian Rupee
  • President: Droupadi Murmu
  • Prime Minister: Narendra Modi

Tabular Summary:

Event Location Date Chief Guest Significance
10th BRICS Parliamentary Forum St. Petersburg, Russia Two-day event starting Thursday Om Birla Discuss the role of parliaments in strengthening multilateralism for global development and security.

11. What is the main objective of the MoU signed between CSIR and MSSRF?
A) To enhance tourism in rural areas
B) To generate livelihood among rural, tribal, and farming communities
C) To promote higher education in urban areas
D) To establish new scientific research labs
E) To increase export of agricultural products
Answer: B) To generate livelihood among rural, tribal, and farming communities

Event and Location:

  • Event: Signing of the MoU between CSIR and MSSRF
  • Location: India

Mandates and Objectives:

  • Objective: The main aim is to generate livelihood opportunities and empower rural, tribal, and farming communities through the transfer of affordable and proven technologies.
  • Mandate: CSIR will provide technical support and technologies developed in their labs to MSSRF, which will facilitate the outreach to the communities.

Important Terms Explained:

  • MoU (Memorandum of Understanding): A formal agreement between two or more parties outlining the terms and details of an understanding, including each party’s requirements and responsibilities.
  • CSIR (Council of Scientific and Industrial Research): An autonomous body under the Ministry of Science and Technology, India, responsible for research and development in various scientific and industrial fields.
  • MSSRF (M. S. Swaminathan Research Foundation): A non-profit trust focusing on tribal and rural communities with a pro-poor, pro-women, and pro-nature approach.

Static GK Information:

Titbits

CSIR:

  • Founded: 1942
  • Headquarters: New Delhi, India
  • Director General: Dr. N. Kalaiselvi

M. S. Swaminathan Research Foundation (MSSRF):

  • Founded: 1988
  • Headquarters: Chennai, Tamil Nadu, India
  • Chairperson: Dr. Soumya Swaminathan

Tabular Summary:

Event Location Date Chief Guest Significance
Signing of MoU between CSIR and MSSRF India July 2024 Dr. N. Kalaiselvi and Dr. Soumya Swaminathan To generate livelihood and empower rural, tribal, and farming communities through technology transfer.

12. What is the main objective of the GRSE Accelerated Innovation Nurturing Scheme (GAINS 2024)?
A) To promote tourism in shipbuilding areas
B) To generate livelihood among rural communities
C) To develop innovative solutions for shipyards through MSMEs and Start-ups
D) To establish new shipyards in India
E) To increase export of naval equipment
Answer: C) To develop innovative solutions for shipyards through MSMEs and Start-ups

Event and Location:

  • Event: Launch of GRSE Accelerated Innovation Nurturing Scheme (GAINS 2024)
  • Location: Kolkata, India

Mandates and Objectives:

  • Objective: To develop innovative solutions for shipyards by leveraging the capabilities of MSMEs and Start-ups.
  • Mandate: Encourage and enable MSMEs and Start-ups to address challenges in the ship design and construction industry, supporting the ‘Make in India’ and ‘Start-up India’ policies.

Important Terms Explained:

  • GAINS 2024: A scheme by Garden Reach Shipbuilders & Engineers Limited to promote technological advancements in shipbuilding.
  • MSMEs (Micro, Small and Medium Enterprises): Businesses with limited scale of operations, crucial for economic growth and innovation.
  • Start-ups: Newly established companies or ventures aiming to develop unique products or services.

Static GK Information:

Titbits

Garden Reach Shipbuilders & Engineers Limited (GRSE):

  • Founded: 1884
  • Headquarters: Kolkata, India
  • Chairman and Managing Director: Cmde PR Hari, IN (Retd)

Tabular Summary:

Event Location Date Chief Guest Significance
Launch of GAINS 2024 Kolkata July 10, 2024 Raksha Rajya Mantri Sanjay Seth To develop innovative solutions for shipyards through MSMEs and Start-ups for technological advancement.

13. What was the key focus of India’s participation in the 132nd session of the IMO Council in London?
A) Enhancing tourism in coastal areas
B) Proposing new shipbuilding technologies
C) Addressing the seafarer abandonment crisis and securing membership in a key working group
D) Promoting international maritime trade
E) Establishing new ports in India
Answer: C) Addressing the seafarer abandonment crisis and securing membership in a key working group

Event and Location:

  • Event: 132nd session of the IMO Council
  • Location: London, United Kingdom

Mandates and Objectives:

  • Objective: To address the seafarer abandonment crisis, secure India’s position in a key working group, and propose the South Asian Centre of Excellence for Sustainable Maritime Transport (SACE-SMarT).
  • Mandate: Highlight India’s commitment to maritime safety and security, propose innovative regional centers for sustainable maritime transport, and address disruptions impacting shipping and trade logistics.

Important Terms Explained:

  • IMO (International Maritime Organization): A specialized agency of the United Nations responsible for regulating shipping.
  • Seafarer Abandonment: A situation where seafarers are left without necessary support from their employers, often in foreign ports.
  • SACE-SMarT: A proposed regional center focused on environmentally sustainable and technologically advanced maritime practices in South Asia.

Static GK Information:

Titbits

IMO (International Maritime Organization):

  • Founded: 1948
  • Headquarters: London, United Kingdom
  • Secretary-General: Kitack Lim

India:

  • Capital: New Delhi
  • Currency: Indian Rupee
  • President: Droupadi Murmu
  • Prime Minister: Narendra Modi

Tabular Summary:

Event Location Date Chief Guest Significance
Participation in the 132nd IMO Council Session London, United Kingdom July 8-12, 2024 Shri T.K. Ramachandran Focus on seafarer abandonment crisis, securing working group membership, and proposing SACE-SMarT.


Over All Review

Sports 

  • PV Sindhu and Sharath Kamal are India’s flag bearers for the Paris Olympics.
  • Jasprit Bumrah and Smriti Mandhana won the ICC Player of the Month awards for June.
  • Adani Group named principal sponsor for Team India at Paris 2024 Olympics.

Banking and Finance 

  • RBI allows fixed deposits in dollars at GIFT IFSC under LRS.

Appointments

  • Govind Singh re-appointed as MD & CEO of Utkarsh SFB, effective September 21, 2024.

Awards 

  • Coimbatore’s Kumaraguru Institutions won four awards at the Monaco Energy Boat Challenge 2024.

National Affairs

  • Mitra Van initiative to enhance green cover and foster ties with Nepal.
  • Ministry of Minority Affairs now oversees the Haj Committee, replacing the Ministry of External Affairs.
  • BSF and SBI organized “Grow with the Trees” plantation drive in Srinagar.
  • Lok Sabha Speaker Om Birla to lead Indian Parliamentary Delegation to BRICS Forum in Russia.
  • CSIR and MSSRF sign MoU to generate livelihood for rural and tribal communities.
  • GAINS 2024 launched to foster innovation in shipbuilding through MSMEs and Start-ups.
  • India addresses seafarer abandonment crisis at 132nd IMO Council in London.

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