Daily Current Affairs July 11

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 11. 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 11 | Daily Current Affairs 2024

Important Days – Daily Current Affairs July 11

1. When did the Department of Fisheries, Government of Sikkim, celebrate the 24th National Fish Farmers Day?
A) July 8, 2024
B) July 9, 2024
C) July 10, 2024
D) July 11, 2024
E) July 12, 2024
Answer: C) July 10, 2024

Event and Location:

• Event: 24th National Fish Farmers Day
• Date: July 10, 2024
• Location: Sikkim, India (celebrated across all six districts)

Mandates and Objectives:

• Celebration: Marking National Fish Farmers Day to honor fish farmers’ contributions.
• Participation: Over 300 fish farmers participated in district-level programs.
• Recognition: Awards were given to outstanding fish farmers for their achievements.

Important Terms Explained:

• National Fish Farmers Day: An annual event celebrating the contributions of fish farmers to food security, local economies, and sustainable practices.
• Aquaculture: The farming of fish and other aquatic organisms, significant for Sikkim’s economy.

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2. When is World Population Day observed every year, and what is the theme for World Population Day 2024?
A) June 11; Sustain the Future
B) July 11; Leave no one behind, count everyone
C) August 11; Balance the Growth
D) May 11; Growth and Sustainability
E) September 11; Population and Progress
Answer: B) July 11; Leave no one behind, count everyone

Event and Location:

• Event: World Population Day
• Date: July 11, 2024
• Location: Globally observed

Mandates and Objectives:

• Awareness: The day is dedicated to raising awareness about population issues and their impact on environmental sustainability, socio-economic development, and individual well-being.
• Action: Encourages individuals and communities to take sustainable actions to address the challenges of overpopulation.
• Significance: Highlights the importance of understanding population growth’s impact and promoting sustainable choices to mitigate adverse effects.

Important Terms Explained:

• World Population Day: Established by the United Nations in 1989, observed annually on July 11 to create awareness about global population issues.
• Sustainable Choices: Actions and decisions that contribute to the long-term well-being of the environment and human populations without depleting resources.

Static GK Information:

• Established Year: 1989
• Founded By: United Nations
• Significant Figure: Dr. KC Zachariah (Proposed the observance date)

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3. When is the International Day of Reflection and Commemoration of the 1995 Genocide in Srebrenica observed, and which General Assembly Resolution established it?
A) June 11; Resolution 79/302
B) July 11; Resolution 78/282
C) August 11; Resolution 77/252
D) May 11; Resolution 80/242
E) September 11; Resolution 76/222
Answer: B) July 11; Resolution 78/282

Event and Location:

• Event: International Day of Reflection and Commemoration of the 1995 Genocide in Srebrenica
• Date: July 11, 2024
• Location: Globally observed, with a high-level commemorative event organized at the UN

Mandates and Objectives:

• Reflection: To remember and honor the victims of the Srebrenica Genocide.
• Commemoration: Mark the 29th anniversary of the genocide where 8,372 Bosnian Muslims were killed.
• Awareness: Highlight the atrocities committed and the importance of preventing future genocides.
• Message: Promote hope, the resilience of the human spirit, and the power of justice.

Important Terms Explained:

• Srebrenica Genocide: The systematic execution of 8,372 Bosnian Muslims in July 1995, the largest atrocity on European soil since WWII.
• UN “Safe Area”: Srebrenica was designated as a safe area by the United Nations during the Bosnian War but failed to prevent the massacre.
• General Assembly Resolution 78/282: The resolution that established the International Day of Reflection and Commemoration of the 1995 Genocide in Srebrenica.

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Sports – Daily Current Affairs July 11

4. Which company has partnered with the Indian Olympic Association (IOA) as the official footwear partner for the Indian contingent to the Paris Olympics?
A) Nike
B) Adidas
C) Reebok
D) Puma
E) Under Armour
Answer: D) Puma

Event and Location:

• Event: Puma India partners with the Indian Olympic Association (IOA)
• Date: July 11, 2024
• Location: New Delhi, India

Mandates and Objectives:

• Objective: Puma India becomes the official footwear partner for the Indian contingent to the Paris Olympics.
• Campaign: Launch of a large-scale outdoor campaign to leverage this partnership.

Important Terms Explained:

• Puma India: A leading sportswear brand known for its athletic and casual footwear, apparel, and accessories.
• Indian Olympic Association (IOA): The body responsible for selecting athletes to represent India at the Olympic Games.

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Banking and Finance – Daily Current Affairs July 11

5. What is the name of the new digital service launched by SBI for fast invoice financing for MSMEs?
A) MSME Quick
B) MSME Rapid
C) MSME Sahaj
D) MSME Express
E) MSME FastTrack
Answer: C) MSME Sahaj

Event and Location:

• Event: Launch of MSME Sahaj by the State Bank of India (SBI)
• Date: July 10, 2024
• Location: Announced in India

Mandates and Objectives:

• Objective: Provide quick and convenient invoice financing for MSMEs within 15 minutes using a digital process.
• Target Audience: MSMEs, including those without prior credit facilities from SBI, provided they have a satisfactory current account and are GST-registered.
• Access: Available to current SBI MSME customers via the Yono SBI mobile app.

Important Terms Explained:

• MSME: Micro, Small, and Medium Enterprises.
• Invoice Financing: A type of short-term borrowing extended by a lender to its business customers based on unpaid invoices.
• Yono SBI: A digital banking platform provided by the State Bank of India.

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6. Which organization has NPCI International Payments Limited (NIPL) signed an agreement with to launch QR code-based UPI payments in Qatar?
A) Doha Bank
B) Qatar National Bank (QNB)
C) Commercial Bank of Qatar
D) Masraf Al Rayan
E) Al Khaliji Bank
Answer: B) Qatar National Bank (QNB)

Event and Location:

• Event: Signing of agreement to launch QR code-based UPI payments
• Date: July 11, 2024
• Location: Qatar

Mandates and Objectives:

• Objective: Facilitate QR code-based UPI payments for Indian travelers in Qatar.
• Participants:
  • NIPL: NPCI International Payments Limited, a subsidiary of the National Payments Corporation of India (NPCI).
  • QNB: Qatar National Bank, headquartered in Doha, Qatar.
• Significance: The initiative aims to enhance convenience for Indian travelers visiting or transiting through Qatar by enabling seamless UPI-based payments.

Important Terms Explained:

• NPCI (National Payments Corporation of India): An umbrella organization for operating retail payments and settlement systems in India.
• UPI (Unified Payments Interface): A real-time payment system developed by NPCI, facilitating inter-bank transactions.
• QR Code: A type of matrix barcode that can be scanned to make digital payments.

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Business and Economy – Daily Current Affairs July 11

7. How much money did REC Limited raise through a five-year green loan in Japanese yen?
A) ¥20.96 Billion
B) ¥25.96 Billion
C) ¥30.96 Billion
D) ¥31.96 Billion
E) ¥35.96 Billion
Answer: D) ¥31.96 Billion

Event and Location:

• Event: REC Limited secures a five-year green loan
• Amount Raised: ¥31.96 billion (approximately $200 million)
• Location: Handled by Deutsche Bank’s Gift City branch

Mandates and Objectives:

• Purpose: The loan will be used to fund green projects in India.
• Alignment: The transaction aligns with global support for sustainable development in India and REC’s commitment to green energy finance.
• Significance: Reflects REC’s capability in sustainable project financing.

Important Terms Explained:

• Green Loan: A loan specifically earmarked for financing new or existing green projects, typically aimed at sustainability and environmental goals.
• REC Limited: A public Infrastructure Finance Company in India’s power sector.
• Gift City: Gujarat International Finance Tec-City, a business district in Gujarat, India.
• Deutsche Bank: A German multinational investment bank and financial services company.

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8. What is the name of India’s first exchange-traded fund (ETF) in the oil and gas sector launched by ICICI Prudential Mutual Fund?
A) ICICI Prudential Energy ETF
B) ICICI Prudential Nifty Oil & Gas ETF
C) ICICI Prudential Natural Resources ETF
D) ICICI Prudential Petro ETF
E) ICICI Prudential Oil ETF
Answer: B) ICICI Prudential Nifty Oil & Gas ETF

Event and Location:

• Event: Launch of ICICI Prudential Nifty Oil & Gas ETF
• Date: NFO opened on July 8, 2024, and will close on July 18, 2024
• Location: India

Mandates and Objectives:

• Fund Type: Open-ended scheme (investors can redeem units anytime)
• Objective: Long-term wealth creation by providing returns that correspond to the Nifty Oil & Gas TRI, subject to tracking error.
• Minimum Investment: Rs 100 (plus in multiples of Re 1)
• Investment Charges: No exit load for units sold in the secondary market (BSE/NSE); investors are responsible for brokerage fees during sale.
• Fund Managers: Nishit Patel and Priya Sridhar

Important Terms Explained:

• ETF (Exchange Traded Fund): A type of investment fund traded on stock exchanges, much like stocks.
• Nifty Oil & Gas TRI: An index reflecting the performance of oil and gas sector companies listed on the National Stock Exchange.
• NFO (New Fund Offer): The initial period during which investors can purchase units of a new fund.
• Tracking Error: The difference between the performance of the ETF and the performance of the index it tracks.

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Appointments – Daily Current Affairs July 11

9. Who was elected as the President of the News Broadcasters & Digital Association (NBDA) on July 9, 2024?
A) Arnab Goswami
B) Sudhir Chaudhary
C) Rajat Sharma
D) Ravish Kumar
E) Barkha Dutt
Answer: C) Rajat Sharma

Event and Location:

• Event: Election of NBDA President
• Date: July 9, 2024
• Location: New Delhi, India

Mandates and Objectives:

• Role: Rajat Sharma, Chairman and Editor-in-Chief of India TV, has been elected as the President of NBDA.
• Objective: Addressing the challenges faced by news broadcasters, ensuring a fearless atmosphere for delivering fair news.
• Significance: The election took place during NBDA’s board meeting with representatives from major news networks.

Important Terms Explained:

• NBDA: The News Broadcasters & Digital Association, the largest organization of news broadcasters in India.
• News Broadcasters: Media professionals involved in delivering news through television and digital platforms.
• Challenges: Efforts to discredit the news broadcast industry and pressures on editors, anchors, and reporters.

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10. Who recently joined the wellness brand Hoop as an investor and brand ambassador?
A) Virat Kohli
B) Neeraj Chopra
C) PV Sindhu
D) Sachin Tendulkar
E) MS Dhoni
Answer: C) PV Sindhu

Event and Location:

• Event: PV Sindhu joining Hoop as investor and brand ambassador
• Location: Gurugram-based wellness brand Hoop

Mandates and Objectives:

• Role: PV Sindhu has become an investor and brand ambassador for Hoop.
• Objective: Promote Hoop’s range of wellness products aimed at an active lifestyle.
• Significance: Highlighting the effectiveness of Hoop’s products for pain, sleep, stress, and workouts, made with natural ingredients.

Important Terms Explained:

• Hoop: India’s first wellness brand for an active lifestyle, founded in 2022, focusing on products for pain, sleep, stress, and workouts.
• Investor: A person or entity that commits money to a business venture with the expectation of receiving financial returns.
• Brand Ambassador: A person who promotes a brand and embodies its corporate identity in appearance, demeanor, values, and ethics.

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11. Who has been appointed as the CEO of Kissandhan Agri Financial Services?
A) Ajay Tyagi
B) Neeraj Gupta
C) Gurinder Singh Sehmbey
D) Rajesh Sharma
E) Vinay Kumar
Answer: C) Gurinder Singh Sehmbey

Event and Location:

• Event: Appointment of Gurinder Singh Sehmbey as CEO of Kissandhan Agri Financial Services
• Date: July 11, 2024
• Location: Kissandhan Agri Financial Services

Mandates and Objectives:

• Objective: To lead and manage the operations and strategic direction of Kissandhan Agri Financial Services.
• Significance: Gurinder Singh Sehmbey is recognized as one of the 50 most influential rural marketing leaders, highlighting his expertise and leadership in the field.

Important Terms Explained:

• CEO (Chief Executive Officer): The highest-ranking executive in a company, responsible for making major corporate decisions, managing overall operations, and resources.
• Rural Marketing: Marketing strategies and activities aimed at understanding and meeting the needs of rural consumers.

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Defence – Daily Current Affairs July 11

12. How many MSMEs and start-ups have been awarded projects by DRDO to meet the requirements of the armed forces?
A) 5
B) 6
C) 7
D) 8
E) 9
Answer: C) 7

Event and Location:

• Event: DRDO awards projects to MSMEs and start-ups
• Date: July 11, 2024
• Location: New Delhi, India

Mandates and Objectives:

• Objective: Award projects to MSMEs and start-ups to develop technologies for the armed forces, aerospace, and defence sectors.
• Funding: DRDO will provide maximum funding of ₹10 crore per developer.
• Projects:
  • Underwater-launched drone for surveillance
  • UAV for neutralizing underwater threat objects
  • Detection of icing conditions inflight for aircraft

Important Terms Explained:

• DRDO (Defence Research & Development Organisation): The premier agency under the Department of Defence Research and Development in India, responsible for the development of technology for use by the military.
• MSME (Micro, Small, and Medium Enterprises): Enterprises that fall under the specific criteria of investment and turnover set by the government.
• Start-Up: A newly established business, often focused on innovative solutions and technology.

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International Affairs – Daily Current Affairs July 11

13. When was the Mutual Recognition Agreement (MRA) for organic products between India and Taiwan implemented?
A) 5th July 2024
B) 6th July 2024
C) 7th July 2024
D) 8th July 2024
E) 9th July 2024
Answer: D) 8th July 2024

Event and Location:

• Event: Implementation of the Mutual Recognition Agreement (MRA) for organic products
• Date: July 8, 2024
• Location: 9th Working Group on Trade Meeting, New Delhi

Mandates and Objectives:

• Purpose: To facilitate the mutual recognition of organic products between India and Taiwan.
• Agencies Involved:
  • India: Agricultural and Processed Food Products Export Development Authority (APEDA), Ministry of Commerce and Industry
  • Taiwan: Agriculture and Food Agency (AFA), Ministry of Agriculture
• Significance:
  • Allows organic products from each country to be sold in the other with respective organic certification and logo.
  • Reduces compliance costs and simplifies trade by avoiding dual certifications.

Important Terms Explained:

• Mutual Recognition Agreement (MRA): An agreement where two or more countries recognize one another’s conformity assessments (e.g., certification of organic products).
• National Programme for Organic Production (NPOP): India’s organic certification program ensuring organic products are produced according to specified standards.
• Organic Agriculture Promotion Act: Taiwan’s regulation governing organic product standards.

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14. Which country was officially welcomed as the fifth member of the Colombo Security Conclave (CSC) in July 2024?
A) Seychelles
B) Bangladesh
C) Bhutan
D) Pakistan
E) Nepal
Answer: B) Bangladesh

Event and Location:

• Event: Bangladesh officially welcomed as the fifth member of the Colombo Security Conclave (CSC)
• Date: July 10, 2024
• Location: Virtually hosted by Mauritius

Mandates and Objectives:

• Objective: Strengthen security cooperation among member states
• Participants: India, Sri Lanka, Mauritius, Maldives, and Bangladesh (new member)
• Observers: Seychelles participated as an Observer State

Important Terms Explained:

• Colombo Security Conclave (CSC): A regional security grouping established in 2020, initially comprising India, Sri Lanka, and the Maldives, expanded to include Mauritius in 2022.
• National Security Adviser (NSA) Level Meetings: High-level meetings where national security issues are discussed among member states.

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15. Where was the 7th India-Japan Medical Product Regulatory Symposium held?
A) Tokyo
B) Kyoto
C) Osaka
D) New Delhi
E) Yokohama
Answer: D) New Delhi

Event and Location:

• Event: 7th India-Japan Medical Product Regulatory Symposium
• Date: July 10, 2024
• Location: FICCI Convention Hall, New Delhi

Mandates and Objectives:

• Purpose: Enhance collaboration in medical product regulations between India and Japan under the Memorandum of Cooperation (MoC).
• Participants:
  • Delegates: From the Ministry of Health & Family Welfare, India, and the Ministry of Health, Labour and Welfare, Japan.
  • Regulatory Authorities: CDSCO (India) and PMDA (Japan).
  • Industry Representatives: From the Pharmaceutical Sector, Medical Devices Sector, and Biologicals-Biosimilar Sector.
• Focus: Knowledge exchange on Pharma, Medical Devices, and Regenerative Medicines.

Important Terms Explained:

• Memorandum of Cooperation (MoC): An agreement aimed at fostering collaboration between the regulatory authorities of India and Japan, originally signed in December 2015.
• CDSCO: Central Drugs Standard Control Organization, the national regulatory authority of India.
• PMDA: Pharmaceuticals and Medical Devices Agency, the regulatory authority of Japan.

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