Daily Current Affairs July 17

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July 17 | Daily Current Affairs 2024

Important Days – Daily Current Affairs July 17

1. When is the World Day for International Justice celebrated every year?
A) July 15
B) July 16
C) July 17
D) July 18
E) July 19
Answer: C) July 17

Event and Location:

  • Event: World Day for International Justice
  • Date: July 17, 2024
  • Location: International observance

Mandates and Objectives:

  • Promotion of International Criminal Justice: Dedicated to promoting international criminal justice.
  • Fight Against Impunity: Aims to honor the fight against impunity for serious crimes affecting the international community.
  • Justice and Accountability: Reinforces the importance of justice, accountability, and the rule of law in addressing global atrocities.
  • Peace Promotion: Encourages global peace by upholding justice mechanisms.

History:

  • ICC Establishment: The International Criminal Court (ICC) came into effect in 1998 to prosecute individuals for grave crimes.
  • Rome Statute Adoption: The history dates back to July 17, 1998, when the Rome Statute was adopted.
  • ICC’s Role: The ICC, the first permanent international court, prosecutes individuals for genocide, crimes against humanity, war crimes, and crimes of aggression when national courts fail.
  • Anniversary Designation: On the tenth anniversary of the Rome Statute, July 17 was designated as the Day of International Criminal Justice, now known as World Day for International Justice.

Significance:

  • Accountability: Emphasizes the importance of holding individuals accountable for genocide, war crimes, and crimes against humanity.
  • International Justice Mechanisms: Highlights the role of international justice mechanisms like the ICC in addressing impunity.
  • Rights of Victims: Upholds the rights of victims and survivors, stressing the need for justice, reparations, and acknowledgment.

Important Terms Explained:

  • Rome Statute: A treaty that established the ICC and represents a milestone in the global fight against impunity for grave crimes.
  • International Criminal Court (ICC): An independent international court established to prosecute individuals for serious international crimes.

Static GK Information:

Titbits

International Criminal Court (ICC):

  • Founded Year: 2002
  • Headquarters: The Hague, Netherlands
  • Main Functions:
    • Presidency: Handles administrative work ensuring efficient court function.
    • Judicial Divisions: Includes Pre-Trial, Trial, and Appeals Divisions for judicial proceedings.
    • Office of the Prosecutor: Manages investigations and prosecutions.
    • Registry: Manages non-judicial administration, witness protection, and detention facilities.

Tabular Summary:

Key Details Description
Event World Day for International Justice
Date July 17, 2024
Location International observance
Established By International Criminal Court (ICC)
Significance Promotes international criminal justice, accountability, and the rule of law
ICC Headquarters The Hague, Netherlands
Rome Statute Adoption Date July 17, 1998
Main Functions of ICC Presidency, Judicial Divisions, Office of the Prosecutor, Registry
Top Quotes Quotes from Domitus Ulpian, Martin Luther King Jr., William E. Gladstone, etc.

2. What traditional festival marks the beginning of Sawan in Uttarakhand?
A) Diwali
B) Holi
C) Harela
D) Makar Sankranti
E) Navratri
Answer: C) Harela

Event and Location:

  • Event: Beginning of Sawan with Harela Festival
  • Date: July 16, 2024
  • Location: Uttarakhand, India

Mandates and Objectives:

  • Harela Festival:
    • Significance: Symbolises wealth and well-being, crucial to agriculture and culture in Uttarakhand.
    • Cultural Practices: Celebrated with singing folk songs and crafting clay idols of Lord Shiva’s family.
    • Environmental Impact: Includes tree plantation campaigns to enhance green cover.
    • Scientific Insight: Coincides with Chaturmas, a period of beneficial rainfall for mountain crops.

History:

  • Traditional Celebration: Harela translates to “day of greenery” and is celebrated in the fifth month of the lunar calendar.
  • Agricultural Practices: Involves nurturing wheat, barley, and other seeds in a sacred pot (dikori) over nine days, symbolising happiness and agricultural bounty.

Significance:

  • Community Unity: Fosters communal joy and cultural cohesion through shared activities.
  • Environmental Stewardship: Highlights the importance of environmental conservation and sustainable agricultural practices.

Important Terms Explained:

  • Harela: A festival celebrating the onset of greenery and agricultural prosperity, significant in Uttarakhand.
  • Chaturmas: A period in the Hindu calendar marked by beneficial rainfall, aligning with the festival’s timing.

Static GK Information:

Titbits

Uttarakhand:

  • Capital: Dehradun (Winter), Gairsain (Summer)
  • CM: Pushkar Singh Dhami
  • Governor: Gurmit Singh

Tabular Summary:

Key Details Description
Event Beginning of Sawan with Harela Festival
Date July 16, 2024
Location Uttarakhand, India
Cultural Practices Singing folk songs, crafting clay idols of Lord Shiva’s family, nurturing seeds
Environmental Impact Tree plantation campaigns to enhance green cover
Scientific Insight Coincides with Chaturmas, beneficial rainfall for crops
Significance Symbolises wealth, well-being, and agricultural prosperity
Community Celebrations Communal joy, singing folk songs, cultural cohesion

Sports – Daily Current Affairs July 17

3. How many Indian students won silver medals at the 35th International Biology Olympiad 2024?
A) One
B) Two
C) Three
D) Four
E) Five
Answer: C) Three

Event and Location:

  • Event: 35th International Biology Olympiad (IBO) 2024
  • Date: July 7 to July 13, 2024
  • Location: Astana, Kazakhstan

Mandates and Objectives:

  • IBO Goal: The International Biology Olympiad aims to encourage students’ interest in biology and foster international exchange and cooperation.
  • India’s Participation: The Indian team achieved notable success with one gold medal and three silver medals.

Significance:

  • Gold Medal: Vedant Sakre from Mumbai, Maharashtra won a gold medal.
  • Silver Medals:
    • Ishan Pednekar from Ratnagiri, Maharashtra
    • Shrijith Sivakumar from Chennai, Tamil Nadu
    • Yashashwi Kumar from Bareilly, Uttar Pradesh

Team Leadership:

  • Leaders:
    • Prof. Sasikumar Menon from TDM Lab, Mumbai
    • Dr. Mayuri Rege from Homi Bhabha Centre for Science Education (HBCSE), TIFR
  • Scientific Observers:
    • Dr. Rajesh Patkar from IIT Bombay
    • Dr. Devesh Suthar from M.S. University, Baroda

Important Terms Explained:

  • International Biology Olympiad (IBO): An annual biology competition for high school students from around the world.
  • Homi Bhabha Centre for Science Education (HBCSE): A national center of the Tata Institute of Fundamental Research (TIFR) for science education in Mumbai, India.

Static GK Information:

Titbits

Kazakhstan:

  • Capital: Astana
  • Currency: Kazakhstani Tenge
  • President: Kassym-Jomart Tokayev
  • Prime Minister: Alikhan Smailov

Tabular Summary:

Key Details Description
Event 35th International Biology Olympiad (IBO) 2024
Date July 7 to July 13, 2024
Location Astana, Kazakhstan
Gold Medal Winner Vedant Sakre (Mumbai, Maharashtra)
Silver Medal Winners Ishan Pednekar (Ratnagiri, Maharashtra), Shrijith Sivakumar (Chennai, Tamil Nadu), Yashashwi Kumar (Bareilly, Uttar Pradesh)
Team Leaders Prof. Sasikumar Menon, Dr. Mayuri Rege
Scientific Observers Dr. Rajesh Patkar, Dr. Devesh Suthar

Obituary – Daily Current Affairs July 17

4. When did Subhash Dandekar, the visionary behind Camlin, pass away?
A) July 13, 2024
B) July 14, 2024
C) July 15, 2024
D) July 16, 2024
E) July 17, 2024
Answer: C) July 15, 2024

Event and Location:

  • Event: Passing of Subhash Dandekar
  • Date: July 15, 2024
  • Location: Mumbai, India

Mandates and Objectives:

  • Camlin Brand Development: Transformed Camlin into a beloved and high-quality stationery and educational products brand.
  • Innovation in Stationery: Introduced colored drawing inks and other art supplies.
  • Leadership and Expansion: Expanded Camlin from basic stationery to a global brand.
  • Social and Economic Impact: Served as President of MACCIA, advocating for values and navigating economic transitions.

History:

  • Founding of Camlin: Subhash Dandekar and his brother founded Camlin Group of Industries in 1931.
  • Product Innovation: Initially sold ink powder locally, then expanded into colored drawing inks.
  • Education and Skill Development: Studied color chemistry in Glasgow to improve product quality.
  • Global Expansion: In 2011, Japan’s Kokuyo acquired a majority stake in Camlin, increasing its international presence.
  • Leadership Roles: Served as President of MACCIA from 1990 to 1992 and chairman emeritus of Kokuyo Camlin.

Significance:

  • Impact on Childhoods: Camlin products became a staple in Indian households, influencing countless childhoods.
  • Economic Contributions: Played a significant role in Maharashtra’s industry and economy.
  • Social Contributions: Advocated for preserving values and dignity of labor.

Important Terms Explained:

  • Camlin: A well-known brand in India for stationery and educational products.
  • Kokuyo: A Japanese company that acquired a significant stake in Camlin in 2011.

Static GK Information:

Titbits

Camlin:

  • Headquarters: Mumbai, India
  • Founded: 1931
  • Key Figures: Subhash Dandekar (Visionary), Ganesh Parashuram Dandekar (Co-founder)
  • Acquisition: Kokuyo acquired more than 50% stakes in 2011

Tabular Summary:

Key Details Description
Event Passing of Subhash Dandekar
Date July 15, 2024
Location Mumbai, India
Founder Subhash Dandekar and Ganesh Parashuram Dandekar
Camlin Established 1931
Major Milestone Expanded Camlin into a global brand; Kokuyo acquisition in 2011
Leadership Roles President of MACCIA (1990-1992), Chairman Emeritus of Kokuyo Camlin
Significant Contributions Innovated stationery products, influenced childhoods, advocated for economic and social values
Condolences Expressed by politicians and industry figures, including Maharashtra Dy CM Devendra Fadnavis
Survived By A son and a daughter; wife passed away two years ago

Banking and Finance – Daily Current Affairs July 17

5. How much loan has ADB approved for financing rooftop solar systems in India?
A) $150 million
B) $180.5 million
C) $200 million
D) $240.5 million
E) $300 million
Answer: D) $240.5 million

Event and Location:

  • Event: ADB Approves Loans for Rooftop Solar Systems in India
  • Date: July 17, 2024
  • Location: India

Mandates and Objectives:

  • ADB’s Role: Provide financing to support India’s renewable energy goals.
  • Loan Amount: $240.5 million to finance rooftop solar systems.
  • Program Support: Tranches 2 and 3 of the Multi-tranche Financing Facility (MFF) Solar Rooftop Investment Programme approved by ADB in 2016, restructured in 2023 to focus on residential solar rooftop systems.

Significance:

  • Energy Access: Helps India expand energy access using renewable energy.
  • Global Commitments: Supports India’s goal of achieving 50% cumulative electric power installed capacity from non-fossil fuel energy sources by 2030.
  • Prime Minister Surya Ghar Program: Encourages installation of rooftop solar systems across the country.

Beneficiaries:

  • State Bank of India (SBI): Receives $90.5 million from ADB’s Clean Technology Fund (CTF).
  • National Bank for Agriculture and Rural Development (NABARD): Receives $150 million, with $80 million from ADB’s ordinary capital resources and $70 million from CTF.

Impact:

  • Power Distribution: Reduces technical and operational burden by generating electricity close to consumption points.
  • Energy Independence: Provides a degree of energy independence with less power supply disruption and reduced long-distance power supply losses.

Important Terms Explained:

  • ADB (Asian Development Bank): A regional development bank established to promote social and economic development in Asia.
  • Clean Technology Fund (CTF): Provides financing to scale up low-carbon technologies with significant potential for long-term greenhouse gas emissions savings.

Static GK Information:

Titbits

Asian Development Bank (ADB):

  • Founded: 1966
  • Headquarters: Manila, Philippines
  • President: Masatsugu Asakawa

State Bank of India (SBI):

  • Founded: 1955
  • Headquarters: Mumbai, India
  • Chairman: Dinesh Kumar Khara

National Bank for Agriculture and Rural Development (NABARD):

  • Founded: 1982
  • Headquarters: Mumbai, India
  • Chairman: Govinda Rajulu Chintala

Tabular Summary:

Key Details Description
Event ADB Approves Loans for Rooftop Solar Systems
Date July 17, 2024
Location India
Loan Amount $240.5 million
Program Supported Multi-tranche Financing Facility (MFF) Solar Rooftop Investment Programme
Beneficiaries SBI ($90.5 million from CTF), NABARD ($150 million – $80 million from ADB, $70 million from CTF)
Energy Goals 50% of electric power installed capacity from non-fossil fuels by 2030
Impact on Power Distribution Reduces technical and operational burden, increases energy independence
ADB Headquarters Manila, Philippines
ADB President Masatsugu Asakawa
SBI Chairman Dinesh Kumar Khara
NABARD Chairman Govinda Rajulu Chintala

6. Which bank has LIC entered into a corporate agency arrangement with to offer online life insurance policies?
A) HDFC Bank
B) ICICI Bank
C) Axis Bank
D) IDFC First Bank
E) State Bank of India
Answer: D) IDFC First Bank

Event and Location:

  • Event: Corporate Agency Arrangement between LIC and IDFC First Bank
  • Date: July 17, 2024
  • Location: Mumbai, India

Mandates and Objectives:

  • Partnership Details:
    • Entities Involved: Life Insurance Corporation of India (LIC) and IDFC First Bank Ltd.
    • Purpose: To offer LIC’s life insurance policies online through IDFC First Bank’s website.
  • Customer Reach: Facilitates over 1 crore customers of IDFC First Bank to purchase LIC policies online.

Significance:

  • Online Transactions: More than 95% of IDFC First Bank’s transactions happen online, ensuring a seamless experience for customers.
  • Product Range: IDFC First Bank customers will have access to a wide choice of LIC’s life insurance products.
  • Customer Convenience: Provides an end-to-end solution for varied life insurance needs through an integrated online platform.

Important Terms Explained:

  • Corporate Agency Arrangement: A partnership where one company (the corporate agent) sells products or services of another company (the principal) to its customers.
  • Life Insurance Policies: Financial products that provide a sum of money upon the death of the insured person or after a set period.

Static GK Information:

Titbits

Life Insurance Corporation of India (LIC):

  • Founded: 1956
  • Headquarters: Mumbai, India
  • MD: R Doraiswamy
  • Tagline: “Yogakshemam Vahamyaham” (Your welfare is our responsibility)

IDFC First Bank:

  • Founded: 2015 (merger of IDFC Bank and Capital First)
  • Headquarters: Mumbai, India
  • MD & CEO: V. Vaidyanathan
  • Tagline: “Always You First”

Tabular Summary:

Key Details Description
Event Corporate Agency Arrangement between LIC and IDFC First Bank
Date July 17, 2024
Location Mumbai, India
Entities Involved LIC and IDFC First Bank
Purpose To offer LIC life insurance policies online via IDFC First Bank’s website
Customer Reach Over 1 crore customers of IDFC First Bank
Online Transactions More than 95% of IDFC First Bank’s transactions are online
LIC Headquarters Mumbai, India
LIC MD R Doraiswamy
IDFC First Bank Headquarters Mumbai, India
IDFC First Bank MD & CEO V. Vaidyanathan

Business and Economy – Daily Current Affairs July 17

7. What is the revised growth forecast for India by the IMF for FY25?
A) 6.5%
B) 6.8%
C) 7.0%
D) 7.2%
E) 7.5%
Answer: C) 7.0%

Event and Location:

  • Event: IMF Revises India’s Growth Forecast
  • Date: July 17, 2024
  • Location: International

Mandates and Objectives:

  • IMF’s Role: Provides economic forecasts and policy recommendations.
  • Revised Forecast: India’s growth projection for FY25 revised to 7%, up from 6.8%.
  • Global Context: Global growth projections remain at 3.2% for 2024 and 3.3% for 2025.

Significance:

  • Improved Prospects for India:
    • Carryover Effect: Reflects carryover from upward revisions to 2023 growth.
    • Private Consumption: Improved prospects for private consumption, especially in rural areas.
  • Global Economic Conditions:
    • Sticky Global Economy: Global economy faces challenges with a growth projection of 3.2% in 2024 and 3.3% in 2025.
    • Inflation and Monetary Policy: Services inflation complicates disinflation efforts, increasing risks to inflation and complicating monetary policy normalization.
    • Interest Rates and Policy Uncertainty: Higher interest rates are anticipated due to escalating trade tensions and policy uncertainties.

Important Terms Explained:

  • IMF (International Monetary Fund): An international organization that monitors the global economy and provides economic forecasts and policy advice.
  • WEO (World Economic Outlook): A report by the IMF that provides analysis and projections of the global economy.

Static GK Information:

Titbits

International Monetary Fund (IMF):

  • Founded: 1944
  • Headquarters: Washington, D.C., USA
  • Managing Director: Kristalina Georgieva

Tabular Summary:

Key Details Description
Event IMF Revises India’s Growth Forecast
Date July 17, 2024
Location International
Revised Forecast for India 7% for FY25, up from 6.8% projected in April
Global Growth Forecast 3.2% for 2024, 3.3% for 2025
Inflation and Policy Challenges Services inflation complicates disinflation; increased risks to inflation and higher interest rates
IMF Managing Director Kristalina Georgieva
Report World Economic Outlook Update

8. What is the Asian Development Bank’s (ADB) GDP growth forecast for India for FY25?
A) 6.8%
B) 7.0%
C) 7.2%
D) 7.4%
E) 7.5%
Answer: B) 7.0%

Event and Location:

  • Event: ADB’s GDP Growth Forecast for India
  • Date: July 17, 2024
  • Location: International

Mandates and Objectives:

  • ADB’s Role: Provides economic forecasts and development assistance for member countries.
  • Growth Projections: Driven by strong growth in the manufacturing sector and a rebound in agriculture.

Significance:

  • GDP Forecast: ADB has retained India’s GDP growth forecast at 7% for FY25.
  • Comparative Projections:
    • IMF: Also projects India’s GDP growth at 7% for FY25.
    • RBI: Estimates a slightly higher GDP growth at 7.2% for FY25.

Sectoral Performance:

  • Manufacturing Sector: Expected to drive strong growth.
  • Agriculture Sector: Anticipated rebound contributes to positive outlook.

Important Terms Explained:

  • Asian Development Bank (ADB): A regional development bank established to promote social and economic development in Asia.
  • Gross Domestic Product (GDP): The total value of goods produced and services provided in a country during one year.

Static GK Information:

Titbits

Asian Development Bank (ADB):

  • Founded: 1966
  • Headquarters: Manila, Philippines
  • President: Masatsugu Asakawa

India:

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

Tabular Summary:

Key Details Description
Event ADB Maintains India’s GDP Growth Forecast
Date July 17, 2024
Location International
ADB GDP Forecast for India 7% for FY25
IMF GDP Forecast for India 7% for FY25
RBI GDP Forecast for India 7.2% for FY25
Drivers of Growth Strong manufacturing sector growth, rebound in agriculture
ADB Headquarters Manila, Philippines
ADB President Masatsugu Asakawa

Appointments – Daily Current Affairs July 17

9. Who has been appointed as the next chairman of the Maharashtra Real Estate Regulatory Authority (MahaRERA)?
A) Ajoy Mehta
B) Sujata Saunik
C) Manoj Saunik
D) Rajesh Kumar
E) Arun Sharma
Answer: C) Manoj Saunik

Event and Location:

  • Event: Appointment of New MahaRERA Chairman
  • Date: July 17, 2024
  • Location: Mumbai, Maharashtra, India

Mandates and Objectives:

  • MahaRERA’s Role: Regulates and promotes transparency in the real estate sector in Maharashtra.
  • New Appointment: Manoj Saunik, former Chief Secretary of Maharashtra, appointed as the next chairman of MahaRERA.
  • Term Details: Saunik will take over after the term of the current chairman, Ajoy Mehta, ends in September 2024.

Significance:

  • Transition: Saunik’s appointment ensures continuity in leadership and regulatory oversight in Maharashtra’s real estate sector.
  • Previous Roles:
    • Manoj Saunik: Served as Chief Secretary of Maharashtra from May 2023 to December 2023.
    • Ajoy Mehta: Former Chief Secretary of Maharashtra, completing his term as MahaRERA Chairman in September 2024.
  • Family Note: Manoj Saunik’s wife, Sujata Saunik, is the current Chief Secretary of Maharashtra, making them the first couple to hold the top administrative positions in the state.

Important Terms Explained:

  • MahaRERA (Maharashtra Real Estate Regulatory Authority): An authority established to regulate and promote transparency in the real estate sector in Maharashtra.

Static GK Information:

Titbits

Maharashtra:

  • Capital: Mumbai
  • CM: Muthuvel Karunanidhi Stalin
  • Governor: Banwarilal Purohit

Tabular Summary:

Key Details Description
Event Appointment of New MahaRERA Chairman
Date July 17, 2024
Location Mumbai, Maharashtra, India
New Chairman Manoj Saunik
Successor to: Ajoy Mehta, whose term ends in September 2024
Manoj Saunik’s Previous Role Chief Secretary of Maharashtra from May 2023 to December 2023
Family Note Sujata Saunik, Manoj’s wife, is the current Chief Secretary of Maharashtra.

10. Who won the 2024 Rwandan general elections with 99.15% of the vote?
A) Édouard Ngirente
B) Victoire Ingabire
C) Paul Kagame
D) Diane Rwigara
E) Frank Habineza
Answer: C) Paul Kagame

Event and Location:

  • Event: Rwandan General Elections
  • Date: July 15, 2024
  • Location: Rwanda

Mandates and Objectives:

  • Election Outcome: Paul Kagame won his fourth term with 99.15% of the vote.
  • Election Commission Results: Partial results were issued seven hours after polls closed.
  • Historical Context: Kagame had previously won 98.79% of the vote in the last election seven years ago.

Significance:

  • Kagame’s Leadership: Paul Kagame has ruled Rwanda with an iron fist, initially as a de facto leader and then as president for three decades.
  • Election Dynamics: Only two challengers were allowed to run against Kagame, making the outcome largely predictable.

Important Terms Explained:

  • Rwandan Patriotic Front (RPF): The political party led by Paul Kagame.
  • Election Commission: The body responsible for overseeing the election process and announcing results.

Static GK Information:

Titbits

Rwanda:

  • Capital: Kigali
  • Currency: Rwandan Franc
  • President: Paul Kagame
  • Prime Minister: Édouard Ngirente

Tabular Summary:

Key Details Description
Event Rwandan General Elections
Date July 15, 2024
Location Rwanda
Winner Paul Kagame
Percentage of Vote 99.15%
Historical Context Kagame won 98.79% in the last election seven years ago
Challengers Only two challengers allowed
Support Celebration People danced and chanted in support of RPF and Kagame after provisional results

11. How many votes did Roberta Metsola receive in the re-election for President of the European Parliament?
A) 299
B) 399
C) 499
D) 562
E) 699
Answer: D) 562

Event and Location:

  • Event: Re-election of Roberta Metsola as President of the European Parliament
  • Date: July 16, 2024
  • Location: European Parliament, Strasbourg

Mandates and Objectives:

  • Re-election Details:
    • Roberta Metsola re-elected with 562 votes in the first round.
    • Voting conducted by secret paper ballot among two candidates.
    • Absolute majority needed: 312 votes.

Voting Results:

  • Roberta Metsola (EPP, MT): 562 votes
  • Irene Montero (The Left, ES): 61 votes
  • Total Votes Cast: 699
  • Blank or Invalid Votes: 76

Significance:

  • Historical Context: Roberta Metsola is the third female President of the European Parliament, following Simone Veil and Nicole Fontaine.
  • Presidency Term: Metsola will lead for the first two and a half years of the 10th legislative term.

Roberta Metsola’s Background:

  • Born: 1979 in Malta
  • MEP Since: 2013
  • Previous Roles: First Vice-President (November 2020), Acting President (after President Sassoli’s passing on January 11, 2022), President for the second half of the 9th legislative term.

President’s Duties:

  • Executive Powers: Presides over Parliament proceedings, ensures proper conduct, and represents Parliament in all legal and administrative matters.
  • Treaty on the European Union: Article 14 states the President is elected from among Members for a renewable period of two and a half years.

Static GK Information:

Titbits

European Parliament:

  • Founded: 1952
  • First President: Paul-Henri Spaak (1952)
  • Current Headquarters: Strasbourg, France
  • Number of Presidents since 1952: 31
  • Election Cycle: Presidents serve for two and a half years, renewable within each legislative term.

Tabular Summary:

Key Details Description
Event Re-election of Roberta Metsola as President of the European Parliament
Date July 16, 2024
Location Strasbourg, France
Votes Received by Metsola 562
Other Candidate Irene Montero (61 votes)
Total Votes Cast 699
Blank or Invalid Votes 76
Absolute Majority Needed 312
Historical Context Metsola is the third female President of the European Parliament
First Female Presidents Simone Veil (1979-1982), Nicole Fontaine (1999-2002)
Current Headquarters Strasbourg, France

Defence – Daily Current Affairs July 17

12. How many items are included in the fifth positive indigenisation list (PIL) notified by the Ministry of Defence?
A) 200
B) 250
C) 300
D) 346
E) 400
Answer: D) 346

Event and Location:

  • Event: Notification of Fifth Indigenisation List for DPSUs
  • Date: July 17, 2024
  • Location: India

Mandates and Objectives:

  • Boosting Aatmanirbharta: Aim to enhance self-reliance in defence production.
  • Minimizing Imports: Reduce dependency on imports by DPSUs.
  • Support to Domestic Industry: Assure the domestic defence industry for development efforts.

History:

  • First PIL: Promulgated in August 2020 with 101 items.
  • Incremental Addition: Followed by subsequent lists, increasing the number of items each year up to 2025.
  • Total Items in PILs: Four PILs so far with 4,666 items, out of which 2,972 have been indigenised.

Significance:

  • Strategically Important Items: Includes LRUs, systems, sub-systems, assemblies, components, and raw materials.
  • Economic Impact: Import substitution value worth Rs 1,048 crore.
  • Industry Engagement: Expressions of interests (EoIs) and request for proposals (RFPs) issued by DPSUs.

Important Terms Explained:

  • Positive Indigenisation List (PIL): A list of defence items that must be procured from Indian companies.
  • Srijan Portal: Launched in 2020, a platform for DPSUs and service headquarters to offer defence items for indigenisation to private industries.

Static GK Information:

Titbits

Hindustan Aeronautics Limited (HAL):

  • Founded: 1940
  • Headquarters: Bangalore, Karnataka
  • Chairman and MD: C.B. Ananthakrishnan

Bharat Electronics Limited (BEL):

  • Founded: 1954
  • Headquarters: Bangalore, Karnataka
  • Chairman and MD: Bhanu Prakash Srivastava

Bharat Dynamics Limited (BDL):

  • Founded: 1970
  • Headquarters: Hyderabad, Telangana
  • Chairman and MD: Commodore Siddharth Mishra (Retd.)

Bharat Earth Movers Limited (BEML):

  • Founded: 1964
  • Headquarters: Bangalore, Karnataka
  • Chairman and MD: Amit Banerjee

India Optel Limited (IOL):

  • Founded: 2021
  • Headquarters: Dehradun, Uttarakhand
  • Chairman and MD: Lt Gen Anil Kumar Bhatt (Retd.)

Mazagon Dock Shipbuilders Limited (MDL):

  • Founded: 1934
  • Headquarters: Mumbai, Maharashtra
  • Chairman and MD: Narayan Prasad

Garden Reach Shipbuilders & Engineers Limited (GRSE):

  • Founded: 1884
  • Headquarters: Kolkata, West Bengal
  • Chairman and MD: Commodore P R Hari (IN Retd.)

Hindustan Shipyard Limited (HSL):

  • Founded: 1941
  • Headquarters: Visakhapatnam, Andhra Pradesh
  • Chairman and MD: Commodore Hemant Khatri (Retd.)

Tabular Summary:

Key Details Description
Event Notification of Fifth Indigenisation List
Date July 17, 2024
Location India
Number of Items in List 346
Aim Boost Aatmanirbharta (self-reliance) in defence production
Import Substitution Value Rs 1,048 crore
DPSUs Involved HAL, BEL, BDL, BEML, IOL, MDL, GRSE, HSL
Platform for Indigenisation Srijan Portal
First PIL Promulgated in August 2020 with 101 items
Total Items in PILs 4,666 items with 2,972 indigenised

International Affairs – Daily Current Affairs July 17

13. Which international alliance is India signing a headquarters agreement with, granting it diplomatic status and recognition?
A) Coalition for Disaster Resilient Infrastructure
B) International Solar Alliance
C) Global Biofuels Alliance
D) United Nations
E) World Health Organization
Answer: C) Global Biofuels Alliance

Event and Location:

  • Event: Signing of Headquarters Agreement with Global Biofuels Alliance (GBA)
  • Date: Announced on July 17, 2024
  • Location: New Delhi, India

Mandates and Objectives:

  • GBA Goals:
    • Launch: Initiated by India along with the US and Brazil during the G20 Leadership Summit in September 2023.
    • Purpose: To develop and deploy biofuels, reducing reliance on crude oil and supporting global net-zero carbon emission goals by 2030.
    • Scope: Includes bringing together the largest consumers and producers of biofuels, even non-G20 members.

Significance:

  • Diplomatic Status: The headquarters agreement grants GBA an independent and international legal persona.
  • Similar Alliances: The recognition is akin to the status given to the Coalition for Disaster Resilient Infrastructure (CDRI) and the International Solar Alliance (ISA).
  • Exemptions and Privileges: The agreement allows for exemptions, immunities, and privileges to the alliance and its secretariat as per Section-3 of the United Nations (Privileges & Immunities) Act, 1947.

Developments and Challenges:

  • Formation: GBA’s working committee has created a work plan, focusing on assessing country landscapes, drafting policy frameworks, and conducting biofuel workshops.
  • Initial Assessments: Mauritius, Tanzania, and Sri Lanka are among the first countries to be assessed for their biofuel potential.
  • Policy Recommendations: Based on assessments, policy interventions will be suggested to enhance biofuel production.
  • Major Producers Absent: Key crude producers like China, Russia, and Saudi Arabia have not joined the alliance.

Global Impact:

  • IEA Report: India could triple its biofuel production and consumption over the next five years with supportive policies.
  • Market Focus: GBA aims to develop new and existing markets, focusing on regions where biofuel potential is untapped.
  • Sustainability Assessments: Accelerating technology deployment and commercialization while ensuring sustainability is a primary goal.

Important Terms Explained:

  • Global Biofuels Alliance (GBA): An international coalition aimed at promoting the use of biofuels to reduce carbon emissions.
  • Diplomatic Status: Official recognition that grants an organization privileges and immunities in a host country.

Static GK Information:

Titbits

India:

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

Tabular Summary:

Key Details Description
Event Signing of Headquarters Agreement with Global Biofuels Alliance (GBA)
Date Announced on July 17, 2024
Location New Delhi, India
Significance Grants GBA diplomatic status and international recognition
Founding Members India, US, Brazil
GBA Goals Develop and deploy biofuels, reduce reliance on crude oil, support net-zero carbon goals
Countries Assessed Mauritius, Tanzania, Sri Lanka
Key Absent Members China, Russia, Saudi Arabia
Global Biofuels Focus Developing new and existing markets, accelerating technology deployment

National Affairs – Daily Current Affairs July 17

14. Where did Union Minister Jitendra Singh inaugurate Asia’s first health research-related “Pre-clinical Network Facility”?
A) Mumbai
B) Bengaluru
C) Hyderabad
D) Faridabad
E) Chennai
Answer: D) Faridabad

Event and Location:

  • Event: Inauguration of Asia’s first “Pre-clinical Network Facility” and the “Ge-HuMic Facility”
  • Date: July 17, 2024
  • Location: Faridabad, India

Mandates and Objectives:

  • Pre-Clinical Network Facility:
    • Aim: To handle BSL3 pathogens and support health research.
    • Affiliation: Under the Coalition of Epidemic Preparedness Innovations (CEPI).
    • Capacity: Houses about 75,000 small animals, including mice, rats, rabbits, hamsters, guinea pigs.
  • Ge-HuMic Facility:
    • Aim: To act as a repository for microbial cultures for research and development.
    • Function: Supports national and international collaborations between academic institutions, hospitals, and industry.
    • Resource Center: Provides genetically characterized, pathogen-free animals for research.

History:

  • THSTI Foundation: The Translational Health Science and Technology Institute (THSTI) was established as an institute under the Biotechnology Research and Innovation Council (BRIC), Department of Biotechnology.
  • CEPI Selection: THSTI was selected by CEPI as a pre-clinical network laboratory due to its capability to handle BSL3 pathogens, making it the 9th such laboratory globally and the first in Asia.

Significance:

  • Health Research Enhancement: Facilitates cutting-edge research, drug and vaccine testing, and identification of disease biomarkers.
  • Research Collaborations: Promotes interdisciplinary and cross-sector research collaborations.
  • National Importance: THSTI’s role became prominent during the COVID-19 pandemic, highlighting its importance in health research.

Important Terms Explained:

  • Pre-Clinical Network Facility: A laboratory setup for conducting health research involving BSL3 pathogens.
  • BSL3 Pathogens: Bio-Safety Level 3 pathogens, which are serious and potentially lethal pathogens.
  • Ge-HuMic Facility: Genetically Defined Human Associated Microbial Culture Collection for providing microbial cultures for research.

Static GK Information:

Titbits

Translational Health Science and Technology Institute (THSTI):

  • Founded: 2010
  • Headquarters: Faridabad, Haryana, India
  • Director: Dr. Pramod Kumar Garg

Coalition for Epidemic Preparedness Innovations (CEPI):

  • Founded: 2017
  • Headquarters: Oslo, Norway
  • CEO: Dr. Richard Hatchett

Tabular Summary:

Key Details Description
Event Inauguration of Pre-clinical Network Facility and Ge-HuMic Facility
Date July 17, 2024
Location Faridabad, India
Inaugurated By Union Minister Jitendra Singh
Affiliation Coalition of Epidemic Preparedness Innovations (CEPI), THSTI
Facility Capacity 75,000 small animals
Significance Boosts health research and self-reliance in defence production
THSTI Translational Health Science and Technology Institute
Ge-HuMic Facility Repository for microbial cultures for research
Major Contributions Supported COVID-19 research, facilitated vaccine and drug testing

15. Which portal has the Uttarakhand Government integrated with the Ayushman Bharat Digital Mission?
A) eSwasthya Kendra
B) eSwasthya Dham
C) eHealth Dham
D) eAyushman Dham
E) eWellness Dham
Answer: B) eSwasthya Dham

Event and Location:

  • Event: Integration of eSwasthya Dham portal with Ayushman Bharat Digital Mission (ABDM)
  • Date: July 11, 2024
  • Location: Uttarakhand, India

Mandates and Objectives:

  • ABDM Goals:
    • Launched in September 2021 as a Central Sector Scheme.
    • Aims to create an integrated digital health infrastructure across India.
  • eSwasthya Dham Portal Objectives:
    • Monitors health parameters of Char Dham Yatra pilgrims.
    • Ensures the smooth journey of pilgrims visiting Yamunotri, Gangotri, Kedarnath, and Badrinath.

History:

  • ABDM Launch: September 2021.
  • eSwasthya Dham Portal: Facilitates health monitoring for Char Dham Yatra pilgrims and provides ABHA generation.

Significance:

  • Health Monitoring: Ensures health safety of pilgrims, especially in high-altitude conditions prone to heart diseases, hypertension, respiratory diseases, and diabetes.
  • ABHA Benefits:
    • Facilitates creation of Ayushman Bharat Health Account (ABHA) for pilgrims.
    • Stores and manages health records digitally.
    • Enables secure sharing of health records with doctors anytime, anywhere.
    • Helps avoid long queues at healthcare facilities and facilitates doctor appointments.

Important Terms Explained:

  • ABHA (Ayushman Bharat Health Account): A 14-digit number providing citizens with digital health benefits including secure management and sharing of health records.
  • Char Dham Yatra: A pilgrimage to four shrines in Uttarakhand—Yamunotri, Gangotri, Kedarnath, and Badrinath.

Static GK Information:

Titbits

Uttarakhand:

  • Capital: Dehradun (Winter), Gairsain (Summer)
  • CM: Pushkar Singh Dhami
  • Governor: Gurmit Singh

Ayushman Bharat Digital Mission (ABDM):

  • Launched: September 2021
  • Objective: To create an integrated digital health infrastructure across India

Tabular Summary:

Key Details Description
Event Integration of eSwasthya Dham portal with Ayushman Bharat Digital Mission
Date July 11, 2024
Location Uttarakhand, India
ABDM Launch September 2021
Portal Purpose Monitor Char Dham Yatra pilgrims’ health parameters
Health Benefits ABHA generation, health record management, secure sharing with doctors
Char Dham Shrines Yamunotri, Gangotri, Kedarnath, Badrinath
Key Figures 65 Crore+ ABHA accounts created
Helpline 104

16. Which airlines are included in the Delhi Metro’s ‘check-in and bag drop’ facility for international flights?
A) IndiGo and SpiceJet
B) Air India and Vistara
C) Emirates and Qatar Airways
D) British Airways and Lufthansa
E) Jet Airways and GoAir
Answer: B) Air India and Vistara

Event and Location:

  • Event: Launch of ‘Check-in and Bag Drop’ Facility for International Flights
  • Date: July 17, 2024
  • Location: New Delhi and Shivaji Stadium Metro Stations, New Delhi, India

Mandates and Objectives:

  • Service Launch:
    • Aimed to simplify travel procedures for passengers flying from Indira Gandhi International Airport (IGI).
    • Initially available for domestic flights, now extended to international flights.
  • Partnership:
    • Delhi Metro Rail Corporation (DMRC) in collaboration with Delhi International Airport Limited (DIAL), Air India, and Vistara Airlines.

Significance:

  • Convenience:
    • Passengers can check in their luggage at metro stations, with luggage securely transported to the aircraft via automated systems.
  • Expansion:
    • DMRC invites more airlines to implement the service to provide additional benefits to travellers.
  • Location of Counters:
    • New Delhi Metro Station: Concourse level.
    • Shivaji Stadium Metro Station: Adjacent to the VFS Global Office at the concourse level.

Important Terms Explained:

  • Check-in & Bag Drop Facility: A service allowing passengers to check in their luggage at designated metro stations before reaching the airport.
  • Automated Systems: Mechanisms in place to securely transport checked-in luggage from metro stations to the aircraft.

Static GK Information:

Titbits

Delhi Metro Rail Corporation (DMRC):

  • Founded: 1995
  • Headquarters: New Delhi, India
  • Managing Director: Vikas Kumar

Indira Gandhi International Airport (IGI):

  • Location: New Delhi, India
  • Opened: 1962
  • Operator: Delhi International Airport Limited (DIAL)

Tabular Summary:

Key Details Description
Event Launch of ‘Check-in and Bag Drop’ Facility for International Flights
Date July 17, 2024
Location New Delhi and Shivaji Stadium Metro Stations, New Delhi, India
Participating Airlines Air India and Vistara
Operation Times for Air India 6:00 AM to 9:00 PM
Operation Times for Vistara 6:00 AM to 8:00 PM
Check-in Windows for Domestic Flights 12 hours to 2 hours before departure
Check-in Windows for International Flights 4 hours to 3 hours before departure
Counters Location at New Delhi Station Concourse level
Counters Location at Shivaji Stadium Station Adjacent to the VFS Global Office at the concourse level
Partnerships Delhi Metro Rail Corporation, Delhi International Airport Limited, Air India, Vistara

17. What is the name of the new scheme launched by the Maharashtra government to boost youth employability?
A) Mukhyamantri Yuva Rojgar Yojana
B) Mukhyamantri Kaushal Vikas Yojana
C) Mukhyamantri Yuva Karya Prashikshan Yojana
D) Mukhyamantri Yuva Shakti Yojana
E) Mukhyamantri Yuva Udyog Yojana
Answer: C) Mukhyamantri Yuva Karya Prashikshan Yojana

Event and Location:

  • Event: Launch of Mukhyamantri Yuva Karya Prashikshan Yojana
  • Date: July 17, 2024
  • Location: Maharashtra, India

Mandates and Objectives:

  • Scheme Aim: To tackle unemployment among the youth by providing valuable internship opportunities.
  • Target Group: Young individuals in Maharashtra.
  • Skills Development: Equip youth with essential skills to enhance their employability in a competitive job market.

Significance:

  • Employment Boost: Helps young individuals gain practical work experience.
  • Skill Enhancement: Focuses on equipping youth with the necessary skills to be more competitive in the job market.

Important Terms Explained:

  • Mukhyamantri Yuva Karya Prashikshan Yojana: A government initiative aimed at improving youth employability through skill development and internships.

Static GK Information:

Titbits

Maharashtra:

  • Capital: Mumbai
  • CM: Eknath Shinde
  • Governor: Ramesh Bais

Tabular Summary:

Key Details Description
Event Launch of Mukhyamantri Yuva Karya Prashikshan Yojana
Date July 17, 2024
Location Maharashtra, India
Scheme Aim To provide valuable internship opportunities and essential skills to youth
Target Group Young individuals in Maharashtra
Significance Enhances employability in a competitive job market
CM of Maharashtra Eknath Shinde
Governor of Maharashtra Ramesh Bais


Over All Review

Important Days

  • World Day for International Justice is celebrated on July 17.
  • Harela festival marks the beginning of Sawan in Uttarakhand on July 16.

Sports 

  • Indian team wins one gold and three silver medals at IBO 2024.

Obituary

  • Subhash Dandekar, Camlin visionary, passed away on July 15, 2024.

Banking and Finance 

  • ADB approves $240.5 million loan for rooftop solar systems in India.
  • LIC partners with IDFC First Bank to offer online life insurance policies.

Business And Economy

  • IMF raises India’s growth forecast to 7% for FY25.
  • ADB maintains India’s GDP growth forecast at 7% for FY25.

Appointments

  • Manoj Saunik appointed as next MahaRERA chairman, succeeding Ajoy Mehta.
  • Paul Kagame wins fourth term with 99.15% of the vote.
  • Roberta Metsola re-elected as President of the European Parliament with 562 votes.

Defence

  • Fifth positive indigenisation list includes 346 items for DPSUs.

International Affairs

  • India to sign headquarters agreement with Global Biofuels Alliance, granting it diplomatic status.

National Affairs

  • Jitendra Singh inaugurates Asia’s first pre-clinical network facility in Faridabad.
  • eSwasthya Dham portal integrated with Ayushman Bharat Digital Mission.
  • Delhi Metro launches ‘check-in and bag drop’ for international flights.
  • Maharashtra launches Mukhyamantri Yuva Karya Prashikshan Yojana to boost youth employability.

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