Daily Current Affairs July 15

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July 15 | Daily Current Affairs 2024

Important Days – Daily Current Affairs July 15

1. What is the theme of World Youth Skills Day 2024?
A) Youth Skills for Employment
B) Youth Skills for Peace and Development
C) Youth Skills for Economic Growth
D) Youth Skills for Social Inclusion
E) Youth Skills for Innovation
Answer: B) Youth Skills for Peace and Development

Event and Location:

• Event: World Youth Skills Day 2024
• Date: July 15, 2024
• Location: Global

Mandates and Objectives:

• Mandate: Promote the development and empowerment of young people worldwide through skills development.
• Objectives:
  • Address unemployment and underemployment among youth.
  • Encourage investment in training and education for youth.
  • Integrate youth into the workforce effectively.
  • Foster personal development and economic empowerment of young people.
  • Highlight the role of youth in peacebuilding and sustainable development.

Important Terms Explained:

• World Youth Skills Day:
  • Designated By: United Nations General Assembly in November 2014.
  • Purpose: Promote youth skills development to tackle unemployment and underemployment.
  • Observance: Encourages governments, educational institutions, employers, and organizations to invest in youth training and education.
• 2024 Theme: “Youth Skills for Peace and Development”:
  • Focus: Role of youth in peacebuilding and conflict resolution.
  • Activities:
    • Skill development workshops
    • Training programs
    • Career fairs
    • Skill competitions
    • Awareness campaigns
  • Significance: Offers practical learning opportunities, connects youth with potential employers, and advocates for the importance of youth skills in sustainable development.

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Sports – Daily Current Affairs July 15

2. Which team did Spain defeat to win the Euro 2024 Championship?
A) Germany
B) France
C) Italy
D) Portugal
E) England
Answer: E) England

Event and Location:

• Event: Euro 2024 Championship Final
• Location: Olympiastadion, Berlin, Germany

Mandates and Objectives:

• Mandate: Compete for the European Championship title.
• Objectives:
  • Secure the championship title.
  • Demonstrate superior team performance and strategy.
  • Overcome the challenge posed by the opposing team, England.

Important Terms Explained:

• European Championship (Euro):
  • A prestigious football tournament held every four years.
  • Organized by the Union of European Football Associations (UEFA).
  • Features top national teams from Europe competing for the title.
• Key Players:
  • Mikel Oyarzabal: Scored the decisive goal for Spain in the 87th minute.
  • Nico Williams: Scored the opening goal for Spain with an assist from Lamine Yamal.
  • Cole Palmer: Scored the equalizing goal for England in the 73rd minute.
• Historical Significance:
  • Spain’s fourth European Championship title, adding to their victories in 1964, 2008, and 2012.
  • England continues its search for a major trophy since their 1966 World Cup triumph.

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3. Which team did India defeat to win the World Championship of Legends?
A) Australia
B) England
C) South Africa
D) Pakistan
E) New Zealand
Answer: D) Pakistan

Event and Location:

• Event: World Championship of Legends Final
• Location: Birmingham, England

Mandates and Objectives:

• Mandate: Compete and win the World Championship of Legends.
• Objectives:
  • Achieve victory in the final match against Pakistan.
  • Showcase strong team performance and strategic gameplay.
  • Secure the championship title through effective batting and bowling.

Important Terms Explained:

• World Championship of Legends:
  • A prestigious cricket tournament featuring legendary players.
  • Teams compete to win the championship title.
• Key Players:
  • Yuvraj Singh (India): Captain and remained unbeaten at 15 runs in the final.
  • Sharjeel Khan (Pakistan): Opening batsman, scored 12 runs.
  • Shoaib Malik (Pakistan): Top scorer for Pakistan with 41 runs.
  • Ambati Rayudu (India): Scored 50 runs off 30 balls.
• Match Summary:
  • Pakistan Innings: 156/6 in 20 overs.
  • India Innings: Chased the target with 5 balls to spare, winning by 5 wickets.

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4. Who scored the winning goal for Argentina in the Copa America final against Colombia?
A) Lionel Messi
B) Angel Di Maria
C) Lautaro Martínez
D) Giovani Lo Celso
E) Paulo Dybala
Answer: C) Lautaro Martínez

Event and Location:

• Event: Copa America Final 2024
• Location: Hard Rock Stadium, Miami, USA

Mandates and Objectives:

• Mandate: Compete in the Copa America final and secure the championship title.
• Objectives:
  • Win the Copa America title.
  • Overcome the challenge posed by Colombia.
  • Achieve victory despite key player Lionel Messi’s injury.
  • End Colombia’s 28-game unbeaten streak.

Important Terms Explained:

• Copa America:
  • The primary football competition contested among national teams from South America.
  • Organized by the South American Football Confederation (CONMEBOL).
• Lautaro Martínez:
  • An Argentine professional footballer who plays as a forward.
  • Scored the decisive goal in the 112th minute of the Copa America final.
• Lionel Messi:
  • Captain of the Argentine national team and one of the greatest football players.
  • Suffered a non-contact injury in the 64th minute of the final.

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Banking and Finance – Daily Current Affairs July 15

5. What status did Jio Financial Services achieve with the approval from the Reserve Bank of India?
A) Non-Banking Financial Company
B) Core Investment Company
C) Deposit-taking Financial Company
D) Mutual Fund Company
E) Insurance Company
Answer: B) Core Investment Company

Event and Location:

• Event: RBI approval for Jio Financial Services to become a Core Investment Company
• Date: July 11, 2024
• Location: India

Mandates and Objectives:

• Mandate: Conversion of Jio Financial Services from an NBFC to a Core Investment Company (CIC).
• Objectives:
  • Focus on investments and management of subsidiaries.
  • Ensure at least 90% of net assets are in group companies.
  • Provide better value discovery for investors.
  • Gain operational flexibility to focus on core investment activities.
  • Diversify investment portfolio across different sectors.

Important Terms Explained:

• Non-Banking Financial Company (NBFC):
  • A financial institution that provides banking services without meeting legal definitions of a bank.
  • Engages in various financial services such as loans and credit facilities.
• Core Investment Company (CIC):
  • A type of NBFC predominantly involved in the investment and management of group companies.
  • Must hold at least 90% of net assets in equity shares, preference shares, or debt instruments of its group companies.
  • Does not engage in financial services beyond investments.

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6. How much financing did the World Bank approve to support India’s low-carbon energy sector?
A) USD 1 billion
B) USD 1.2 billion
C) USD 1.5 billion
D) USD 1.8 billion
E) USD 2 billion
Answer: C) USD 1.5 billion

Event and Location:

• Event: Approval of financing for India’s low-carbon energy sector
• Date: June 29, 2024
• Location: India

Mandates and Objectives:

• Mandate: Support the development of low-carbon energy in India.
• Objectives:
  • Scale up renewable energy production.
  • Develop green hydrogen technologies.
  • Stimulate climate finance for low-carbon energy investments.
  • Boost the production of green hydrogen and electrolyzers.
  • Integrate renewable energy into the Indian electricity grid.
  • Develop a national carbon credit market.

Important Terms Explained:

• Low-Carbon Energy Programmatic Development Policy Operation:
  • A World Bank initiative aimed at supporting policies and reforms to promote low-carbon energy.
  • Includes financing and policy reforms to enhance renewable energy and green hydrogen production.
• Green Hydrogen:
  • Hydrogen produced using renewable energy sources, minimizing carbon emissions.
  • Critical for reducing emissions in hard-to-abate industrial sectors.
• Electrolyzers:
  • Devices that use electricity to split water into hydrogen and oxygen.
  • Essential technology for producing green hydrogen.
• Renewable Energy:
  • Energy from sources that are naturally replenishing such as solar, wind, and hydro power.
  • Key to reducing carbon emissions and mitigating climate change.

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Acquisitions and Mergers – Daily Current Affairs July 15

7. Which company acquired HUL’s Pureit water purification business?
A) Tata Chemicals
B) AO Smith
C) Kent RO Systems
D) Eureka Forbes
E) Livpure
Answer: B) AO Smith

Event and Location:

• Event: Sale of Pureit water purification business
• Date: Announced on July 15, 2024
• Location: Mumbai, India

Mandates and Objectives:

• Mandate: Sell the Pureit water purification business to AO Smith.
• Objectives:
  • Focus on core categories within HUL’s business strategy.
  • Enhance AO Smith’s leadership position and market penetration in South Asia.
  • Strengthen AO Smith’s premium product portfolio and distribution capabilities.

Important Terms Explained:

• Pureit:
  • A water purifier brand launched by Hindustan Unilever Limited (HUL) in 2004.
  • Offers a range of products including Copper RO, Eco Range, Ultima RO, UV purifiers, Classic UV Water Purifier, and Marvella UV Water Purifiers.
• Hindustan Unilever Limited (HUL):
  • A leading Fast-Moving Consumer Goods (FMCG) company in India.
  • Known for products in home care, personal care, foods, and refreshments.
• AO Smith:
  • An American multinational corporation specializing in water heating equipment and water purification products.
  • Aims to expand its market presence in South Asia through the acquisition of Pureit.
• Slump Sale:
  • The transfer of one or more undertakings as a result of the sale for a lump sum consideration without values being assigned to the individual assets and liabilities.

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Appointments – Daily Current Affairs July 15

8. Who has been appointed as the new CMD of BSNL?
A) P K Purwar
B) Robert Jerard Ravi
C) M S Rao
D) Anupam Shrivastava
E) Gopal Vittal
Answer: B) Robert Jerard Ravi

Event and Location:

• Event: Appointment of new CMD of BSNL
• Date: July 13, 2024 (Updated), Effective from July 15, 2024
• Location: New Delhi, India

Mandates and Objectives:

• Mandate: Appointment of Robert Jerard Ravi as the Chairman and Managing Director (CMD) of Bharat Sanchar Nigam Limited (BSNL).
• Objectives:
  • Oversee and manage the operations of BSNL.
  • Implement strategic initiatives to improve BSNL’s performance.
  • Ensure the continuation of BSNL’s services and projects effectively.

Important Terms Explained:

• Chairman and Managing Director (CMD):
  • The highest executive position in a company, responsible for overall management and decision-making.
  • Oversees the execution of company policies and strategies.
• Bharat Sanchar Nigam Limited (BSNL):
  • An Indian state-owned telecommunications company.
  • Provides telecom services and network management across India except for Mumbai and New Delhi.

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9. Who has been appointed as the new CEO of Paytm Payments Bank?
A) Surinder Chawla
B) Vijay Shekhar Sharma
C) Arun Kumar Bansal
D) Bhavesh Gupta
E) Sumit Mathur
Answer: C) Arun Kumar Bansal

Event and Location:

• Event: Appointment of new CEO of Paytm Payments Bank
• Date: Announced on June 20, 2024
• Location: India

Mandates and Objectives:

• Mandate: Appointment of Arun Kumar Bansal as the Managing Director (MD) and Chief Executive Officer (CEO) of Paytm Payments Bank.
• Objectives:
  • Lead Paytm Payments Bank towards strategic goals and regulatory compliance.
  • Oversee the reconstitution of the board and manage ongoing operational challenges.
  • Implement policies to stabilize the bank following senior-level exits and regulatory restrictions.

Important Terms Explained:

• Paytm Payments Bank:
  • An associate entity of One97 Communications (OCL) operating under the Paytm brand.
  • Provides banking and financial services with a focus on digital payments and financial inclusion.
• Managing Director (MD) and Chief Executive Officer (CEO):
  • The highest-ranking executive position in a company, responsible for overall management and strategic direction.
• Reserve Bank of India (RBI):
  • India’s central banking institution responsible for regulating the country’s monetary policy and financial system.

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10. Who has been appointed as Nepal’s Prime Minister for the third time?
A) Pushpa Kamal Dahal Prachanda
B) Sher Bahadur Deuba
C) Ram Chandra Paudel
D) K P Sharma Oli
E) Bidhya Devi Bhandari
Answer: D) K P Sharma Oli

Event and Location:

• Event: Appointment of Nepal’s Prime Minister
• Location: Kathmandu, Nepal

Mandates and Objectives:

• Mandate: Form and lead the new coalition government.
• Objectives:
  • Provide political stability in Nepal.
  • Lead the coalition government formed by the Communist Party of Nepal-Unified Marxist Leninist (CPN-UML) and Nepali Congress (NC).

Important Terms Explained:

• Article 76 (2) of the Constitution:
  • Refers to the constitutional provision allowing the President to appoint a Prime Minister who commands a majority in the House of Representatives.
• House of Representatives (HoR):
  • The lower house of Nepal’s federal parliament.
• Communist Party of Nepal-Unified Marxist Leninist (CPN-UML):
  • A major political party in Nepal.
  • Led by K P Sharma Oli.
• Nepali Congress (NC):
  • Another major political party in Nepal.
  • Collaborating with CPN-UML to form the coalition government.

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11. Who has been named the Co-Chair of the Alliance of CEO Climate Leaders?
A) Ester Baiget
B) Jesper Brodin
C) Feike Sijbesma
D) Rich Lesser
E) Sumant Sinha
Answer: E) Sumant Sinha

Event and Location:

• Event: Appointment of new Co-Chair for the Alliance of CEO Climate Leaders
• Date: Announced on July 15, 2024
• Location: New Delhi, India

Mandates and Objectives:

• Mandate: Lead the Alliance of CEO Climate Leaders as Co-Chair.
• Objectives:
  • Collaborate with 130-member CEOs across 12 industries.
  • Drive strategic priorities for climate action and decarbonization.
  • Support the global energy transition towards net-zero emissions.

Important Terms Explained:

• Alliance of CEO Climate Leaders:
  • The largest CEO-led climate alliance in the world.
  • A flagship initiative of the World Economic Forum (WEF).
  • Comprises influential leaders from top global companies committed to climate action.
• Sumant Sinha:
  • Chairman and CEO of ReNew.
  • Named Co-Chair of the Alliance of CEO Climate Leaders.
  • Known for commitment to net-zero targets and innovative decarbonization solutions.
• ReNew:
  • A renewable energy solutions provider.
  • Committed to net-zero by 2040.
  • Mitigated over 21 million tonnes of carbon emissions in the past two years.
• World Economic Forum (WEF):
  • An international organization for public-private cooperation.
  • Engages political, business, and other leaders to shape global, regional, and industry agendas.

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Awards – Daily Current Affairs July 15

12. Who won the Gold Medal in the International Sand Sculpture Championship held in St. Petersburg, Russia?
A) Mohan Charan Majhi
B) Balaram Das
C) Pushpa Kamal Dahal Prachanda
D) Sudarsan Pattnaik
E) Kamran Akmal
Answer: D) Sudarsan Pattnaik

Event and Location:

• Event: International Sand Sculpture Championship
• Date: July 4 to July 12, 2024
• Location: St. Petersburg, Russia

Mandates and Objectives:

• Mandate: Participate in the International Sand Sculpture Championship and create a sand sculpture based on the given theme.
• Objectives:
  • Showcase artistic talent in sand sculpting.
  • Create a sculpture that aligns with the theme “History, mythology, and fairy tales”.
  • Represent India in an international competition.

Important Terms Explained:

• International Sand Sculpture Championship:
  • An annual competition where master sand sculptors from around the world create sculptures based on a specific theme.
  • Held in St. Petersburg, Russia.
• Sudarsan Pattnaik:
  • Renowned Indian sand artist.
  • Winner of the Golden Sand Master award and gold medal at the championship.
  • Created a 12-feet high sand Ratha (chariot) of Mahaprabhu Jagannath with his devotee and poet Balaram Das.
• Balaram Das:
  • A great devotee of Lord Jagannath and the author of Dandi Ramayan in the 14th century A.D.
  • Known for carving statues of Lord Jagannath, Lord Balabhadra, and Devi Subhadra on the beach after being denied access to the chariot during Ratha Yatra.

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National Affairs – Daily Current Affairs July 15

13. Who inaugurated the Indian Newspaper Society (INS) Towers in Mumbai?
A) Eknath Shinde
B) Devendra Fadnavis
C) Ajit Pawar
D) Ramesh Bais
E) Narendra Modi
Answer: E) Narendra Modi

Event and Location:

• Event: Inauguration of the Indian Newspaper Society (INS) Towers
• Date: July 13, 2024
• Location: Bandra Kurla Complex, Mumbai, Maharashtra

Mandates and Objectives:

• Mandate: Provide a modern and efficient office space for the Members of INS.
• Objectives:
  • Serve as the nerve center for the newspaper industry in Mumbai.
  • Strengthen India’s democracy by facilitating better working conditions for the media.
  • Enhance the role of media in creating awareness about rights and potential of citizens.
  • Promote campaigns like Azadi Ka Amrit Mahotsav, Har Ghar Tiranga, and ‘Ek Ped Maa Ke Naam’.

Important Terms Explained:

• Indian Newspaper Society (INS):
  • An organization representing the newspaper industry in India.
  • Formed before India’s independence, it plays a significant role in the media landscape.
• Bandra Kurla Complex:
  • A prominent business district in Mumbai, Maharashtra.
  • Hosts various corporate offices, including the new INS Towers.
• Jan Dhan Yojna:
  • A financial inclusion program by the Indian government.
  • Aims to ensure access to financial services, such as banking, savings and deposit accounts, remittance, credit, insurance, and pension.

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14. Which organization is organizing the workshop for BIMSTEC countries to promote scientific capacity and regional cooperation?
A) Indian Space Research Organisation (ISRO)
B) Ministry of Earth Sciences (MoES)
C) National Institute of Oceanography (NIO)
D) National Centre for Medium Range Weather Forecasting (NCMRWF)
E) Indian Meteorological Department (IMD)
Answer: D) National Centre for Medium Range Weather Forecasting (NCMRWF)

Event and Location:

• Event: High-level workshop for BIMSTEC countries
• Date: July 15 to July 26, 2024
• Location: NCMRWF, Noida, India

Mandates and Objectives:

• Mandate: Enhance skill and share knowledge in Data Assimilation and Forecast Verification Techniques.
• Objectives:
  • Promote regional cooperation among BIMSTEC countries.
  • Build scientific capacity and skill in meteorological services.
  • Foster practical understanding and application of weather forecasting models and techniques.
  • Enhance human resources capacity building and knowledge sharing.

Important Terms Explained:

• BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation):
  • A regional organization comprising Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand.
  • Focuses on technical and economic cooperation among member countries.
• National Centre for Medium Range Weather Forecasting (NCMRWF):
  • A sub-ordinate office of the Ministry of Earth Sciences (MoES).
  • Organizes workshops and provides training in meteorological services.
• WRF (Weather Research and Forecasting) Model:
  • A numerical weather prediction system designed for both atmospheric research and operational forecasting needs.
• Data Assimilation:
  • The process of integrating observational data into a weather model to improve its accuracy.
• Forecast Verification Techniques:
  • Methods used to assess the accuracy and reliability of weather forecasts.

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15. Which institute organized the ‘Saushrutam 2024’ seminar with live surgical demonstrations?
A) AIIMS Bhopal
B) AIIMS New Delhi
C) All-India Institute of Medical Sciences
D) All-India Institute of Ayurveda
E) National Institute of Ayurveda
Answer: D) All-India Institute of Ayurveda

Event and Location:

• Event: Saushrutam 2024 National Seminar
• Date: July 13 to July 15, 2024
• Location: All-India Institute of Ayurveda (AIIA), New Delhi

Mandates and Objectives:

• Mandate: Organize a national seminar to celebrate Sushruta Jayanti and demonstrate advanced surgical techniques.
• Objectives:
  • Honor Sushruta, the father of surgery, by showcasing surgical practices.
  • Integrate Ayurveda with modern surgical technology.
  • Provide learning opportunities through live surgical demonstrations.
  • Empower aspiring Ayurvedic surgeons with advanced skills and confidence in integrated surgical practices.

Important Terms Explained:

• Sushruta Jayanti:
  • Celebrated annually on July 15 to honor Sushruta, an ancient Indian surgeon considered the father of surgery.
• Shalya Tantra:
  • A branch of Ayurveda that deals with surgery.
• Live Surgical Demonstrations:
  • Practical sessions where complex surgical procedures are performed live for educational purposes.

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16. What is the name of the new target-oriented research plan launched by ICAR?
A) One Scientist One Research
B) One Product One Research
C) One Scientist One Product
D) One Research One Product
E) One Crop One Scientist
Answer: C) One Scientist One Product

Event and Location:

• Event: Launch of “One Scientist One Product” research plan by ICAR
• Date: Announced on July 15, 2024
• Location: New Delhi, India

Mandates and Objectives:

• Mandate: Implement a target-oriented research plan over the next five years.
• Objectives:
  • Drive maximum productivity in agricultural research.
  • Avoid duplicity of efforts among researchers.
  • Regularly monitor the progress from the top management.
  • Release 100 seed varieties in various crops as part of the government’s 100-day plan.

Important Terms Explained:

• Indian Council of Agricultural Research (ICAR):
  • The apex body in India responsible for coordinating agricultural education and research.
  • Aims to enhance productivity and ensure sustainable agriculture development.
• One Scientist One Product:
  • A strategic plan where each scientist focuses on a single product.
  • Aimed at maximizing research productivity and efficiency.

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