Daily Current Affairs July 19

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July 19 | Daily Current Affairs 2024

Sports – Daily Current Affairs July 19

1. Which country recently climbed to the third position in the latest FIFA rankings?
A) Argentina
B) France
C) Spain
D) England
E) Brazil
Answer: C) Spain

Event and Location:

  • Event: Release of the latest FIFA men’s rankings
  • Location: Worldwide

Mandates and Objectives:

  • FIFA Rankings: FIFA releases these rankings to provide an official standing of men’s national football teams based on their performance in international competitions and matches.

Important Terms Explained:

  • FIFA Rankings: A system used by FIFA to rank national teams in association football. The rankings are based on the results of national teams, with more recent matches and more significant competitions weighing more heavily.
  • Copa América: A major international football tournament in South America.
  • EURO 2024: The 2024 edition of the UEFA European Championship, a major football competition for European national teams.

Static GK Information:

Titbits

Argentina:

  • Country Name: Argentina
  • Capital: Buenos Aires
  • Currency: Argentine Peso (ARS)
  • President: Alberto Fernández

Spain:

  • Country Name: Spain
  • Capital: Madrid
  • Currency: Euro (EUR)
  • Prime Minister: Pedro Sánchez

Tabular Summary:

Key Details Information
Event Latest FIFA men’s rankings
Location Worldwide
Date July 18, 2024
Significant Teams Argentina, Spain, India
Argentina Rank 1st
Spain Rank 3rd (up 5 places)
India Global Rank 124th
India Asia Rank 22nd
Top 10 Nations Argentina, France, Spain, England, Brazil, Belgium, Netherlands, Portugal, Colombia, Italy

Acquisitions and Mergers – Daily Current Affairs July 19

2. Which oil field in Azerbaijan did ONGC Videsh acquire a stake in?
A) Shah Deniz
B) Balakhany-Sabunchu-Ramana
C) Offshore Azeri Chirag Gunashli
D) Neft Dashlari
E) Surakhani
Answer: C) Offshore Azeri Chirag Gunashli

Event and Location:

  • Event: ONGC Videsh acquires stake in an oil field
  • Location: Offshore Azeri Chirag Gunashli (ACG) oil field, Azerbaijan

Mandates and Objectives:

  • ONGC Videsh Acquisition: The acquisition involves ONGC Videsh obtaining a 0.615% participating interest in the Offshore Azeri Chirag Gunashli (ACG) oil field from Equinor, as well as a 0.73% share in the Baku Tbilisi Ceyhan pipeline company.

Important Terms Explained:

  • ONGC Videsh (OVL): The international arm of Oil and Natural Gas Corporation Limited (ONGC), responsible for oil and gas exploration and production outside India.
  • Azeri Chirag Gunashli (ACG) Oil Field: One of the largest oil fields in Azerbaijan located in the Caspian Sea.
  • Baku Tbilisi Ceyhan Pipeline: A pipeline that transports Caspian oil to the Mediterranean Sea.

Static GK Information:

Titbits

ONGC Videsh (OVL):

  • Founded: 1965
  • Headquarters: New Delhi, India
  • Managing Director: Alok Kumar Gupta

Equinor:

  • Founded: 1972
  • Headquarters: Stavanger, Norway
  • CEO: Anders Opedal

Tabular Summary:

Key Details Information
Event ONGC Videsh acquires stake in oil field
Location Offshore Azeri Chirag Gunashli (ACG) oil field, Azerbaijan
Date July 19, 2024
Acquisition Details 0.615% participating interest in ACG oil field from Equinor
Pipeline Share 0.73% share in Baku Tbilisi Ceyhan pipeline company
Total Investment Up to $60 million
Seller Equinor

 

Appointments – Daily Current Affairs July 19

3. Who has been re-elected as the President of the European Commission for a second term?
A) Jean-Claude Juncker
B) Angela Merkel
C) Emmanuel Macron
D) Ursula von der Leyen
E) Charles Michel
Answer: D) Ursula von der Leyen

Event and Location:

  • Event: Re-election of the President of the European Commission
  • Location: European Parliament, Brussels, Belgium

Mandates and Objectives:

  • Role of Commission President: The President of the European Commission sets the Commission’s policy agenda and represents the EU internationally.

Important Terms Explained:

  • European Parliament (EP): The legislative body of the European Union, composed of Members of the European Parliament (MEPs).
  • European Commission: The executive branch of the European Union, responsible for proposing legislation, implementing decisions, and managing the day-to-day business of the EU.

Static GK Information:

Titbits

European Parliament:

  • Founded: 1952
  • Headquarters: Strasbourg, France (official seat); Brussels, Belgium (secondary seat)
  • President: Roberta Metsola

European Commission:

  • Founded: 1958
  • Headquarters: Brussels, Belgium
  • Current President: Ursula von der Leyen

Tabular Summary:

Key Details Information
Event Re-election of Ursula von der Leyen as President of the European Commission
Location European Parliament, Brussels, Belgium
Date July 18, 2024
Votes in Favour 401
Total MEPs 719
Majority Required 360
Votes Against 284
Blank/Invalid Votes 22
Next Steps Member states to propose candidates for European Commissioner posts
Term Length 5 years

4. Who has been re-elected for a second term as Chairperson of PwC India?
A) Shyamal Mukherjee
B) Rajiv Memani
C) Sanjeev Krishan
D) Deepak Kapoor
E) Nitin Bhatt
Answer: C) Sanjeev Krishan

Event and Location:

  • Event: Re-election of PwC India Chairperson
  • Location: New Delhi, India

Mandates and Objectives:

  • PwC India Chairperson Re-election: Sanjeev Krishan has been re-elected as the Chairperson of PwC India. His second term will begin on April 1, 2025, and will last for four years.

Important Terms Explained:

  • PwC (PricewaterhouseCoopers): A multinational professional services network of firms operating as partnerships under the PwC brand. It is among the largest professional services networks in the world.

Static GK Information:

Titbits

PwC India:

  • Founded: 1998 (merger of Price Waterhouse and Coopers & Lybrand)
  • Headquarters: New Delhi, India
  • Global Chairman: Robert Moritz

Sanjeev Krishan:

  • Joined PwC: 2006 as a partner
  • Position: Chairperson of PwC India
  • Role: Leading the firm internally and externally for a four-year term starting April 1, 2025

Tabular Summary:

Key Details Information
Event Re-election of PwC India Chairperson
Location New Delhi, India
Date July 19, 2024
Chairperson Sanjeev Krishan
Term Start Date April 1, 2025
Term Duration Four years
Previous Role Partner since 2006, led firm’s transactions in Private Equity

Awards – Daily Current Affairs July 19

5. Which organization won the Global CSR ESG Award 2024 for Child and Women Development?
A) Tata Trusts
B) Infosys Foundation
C) Sobha Group’s Sri Kurumba Trust
D) Reliance Foundation
E) Aditya Birla Group
Answer: C) Sobha Group’s Sri Kurumba Trust

Event and Location:

  • Event: Global CSR, Sustainability, and ESG Awards 2024
  • Location: Hyatt Regency, Gurgaon, India

Mandates and Objectives:

  • Award Purpose: The Global CSR & ESG Awards aim to recognize and honor leaders and organizations that contribute positively to society through social and environmental initiatives.

Important Terms Explained:

  • CSR (Corporate Social Responsibility): Business practices involving initiatives that benefit society.
  • ESG (Environmental, Social, and Governance): Criteria for measuring the sustainability and societal impact of an investment in a company or business.
  • Sri Kurumba Educational and Charitable Trust: The CSR wing of the Sobha Group focused on child and women development initiatives.

Static GK Information:

Titbits

Sobha Group:

  • Founded Year: 1995
  • Chairman: PNC Menon
  • Headquarters: Bangalore, Karnataka

Hyatt Regency, Gurgaon:

  • Location: Gurgaon, Haryana, India

Tabular Summary:

Key Details Information
Event Global CSR, Sustainability, and ESG Awards 2024
Location Hyatt Regency, Gurgaon
Date 2024
Awarded Organization Sobha Group’s Sri Kurumba Trust
Award Category Best Child and Women Development Initiatives
Award Presenter Marketing and Brand Honchos
Recipient Mr. Nagarajan S, Vice President of Projects, Sobha Ltd.
Significant Contributions Empowering children and women through education and vocational training programs
Event Purpose Recognize social and environmental contributions

6. Which company has been awarded the Taxnet 2.0 project by the Central Board of Direct Taxes (CBDT)?
A) Reliance Jio
B) Vodafone Idea
C) Bharti-Airtel Ltd
D) Tata Communications
E) BSNL
Answer: C) Bharti-Airtel Ltd

Event and Location:

  • Event: Awarding of the Taxnet 2.0 project
  • Location: India

Mandates and Objectives:

  • Taxnet 2.0 Project: The project aims to upgrade the network connectivity, facility management services, and video conferencing services for the Income Tax Department (ITD). The initiative focuses on enhanced security, improved reliability, and seamless connectivity.

Important Terms Explained:

  • Central Board of Direct Taxes (CBDT): A part of the Department of Revenue in the Ministry of Finance, responsible for administering direct tax laws in India.
  • Income Tax Department (ITD): The government agency responsible for the collection of income tax and enforcement of direct tax laws in India.

Static GK Information:

Titbits

Bharti-Airtel Ltd:

  • Headquarters: New Delhi, India
  • Founded: 1995
  • CEO: Gopal Vittal
  • Tagline: “Airtel – The Smartphone Network”

Tabular Summary:

Key Details Information
Event Awarding of Taxnet 2.0 project to M/s Bharti-Airtel Ltd
Location India
Date July 19, 2024
Awarded By Central Board of Direct Taxes (CBDT)
Awarded To Bharti-Airtel Ltd
Project Purpose Enhance network connectivity, facility management, and video conferencing services for ITD
Key Features of Taxnet 2.0 Enhanced security, higher reliability, seamless connectivity
Significance Modernize digital infrastructure and improve tax services
Selection Process Open tender selection

 

National Affairs – Daily Current Affairs July 19

7. Which initiative aims to train voice-over artists in various languages through a collaboration between the National Film Development Corp. and Netflix India?
A) The Voicebox
B) Azaadi ki Amrit Kahaniya
C) Voice-Over Academy
D) Netflix Voice Initiative
E) NFDC-Netflix Collaboration
Answer: A) The Voicebox

Event and Location:

  • Event: Collaboration between the National Film Development Corp. (NFDC) and Netflix India to train voice-over artists
  • Location: India

Mandates and Objectives:

  • Training Initiative: The initiative named ‘The Voicebox’ is designed to train voice-over artists in various languages to enhance their skills and provide better opportunities in the media and entertainment sector.

Important Terms Explained:

  • National Film Development Corp. (NFDC): A state-run organization in India that promotes and develops the Indian film industry.
  • Netflix India: The Indian subsidiary of Netflix, a global streaming service offering a wide variety of award-winning TV shows, movies, anime, documentaries, and more.
  • Memorandum of Understanding (MoU): A formal agreement between two or more parties. In this context, it is between NFDC and Netflix India to collaborate on training voice-over artists.

Static GK Information:

Titbits

National Film Development Corp. (NFDC):

  • Founded Year: 1975
  • Managing Director: Prithul Kumar
  • Headquarters: Mumbai, Maharashtra

Netflix India:

  • Headquarters: Mumbai, Maharashtra
  • Senior Director: Kiran Desai

Tabular Summary:

Key Details Information
Event Collaboration to train voice-over artists
Location India
Date July 18, 2024
Significant Organizations National Film Development Corp., Netflix India
Initiative Name The Voicebox
Training Locations New Delhi, Mumbai, Kolkata, Ahmedabad, Hyderabad, Chennai, Kochi
Participants 7 batches of 30 participants each, 50% women
Special Project Azaadi ki Amrit Kahaniya
Training Partner Pearl Academy
MoU Signatories Prithul Kumar (NFDC), Kiran Desai (Netflix India)
Chief Guest I&B Secretary Sanjay Jaju

8. Who inaugurated the ‘Lok Samvardhan Parv’ at Delhi Haat in New Delhi?
A) Narendra Modi
B) Amit Shah
C) Rajnath Singh
D) Kiren Rijiju
E) Piyush Goyal
Answer: D) Kiren Rijiju

Event and Location:

  • Event: Inauguration of ‘Lok Samvardhan Parv’
  • Location: Delhi Haat, New Delhi, India

Mandates and Objectives:

  • Lok Samvardhan Parv: A 100-day program organized by the Ministry of Minority Affairs to showcase the schemes, programs, and achievements of the Ministry. The event also highlights activities undertaken in collaboration with partner organizations and showcases success stories from various schemes.

Important Terms Explained:

  • NMDFC (National Minorities Development & Finance Corporation): A government body that provides financial assistance for the development of minority communities in India.
  • MOUs (Memorandums of Understanding): Agreements signed between the NMDFC and various banks and state missions to implement schemes aimed at minority communities.

Static GK Information:

Titbits

Ministry of Minority Affairs:

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

National Institute of Fashion Technology (NIFT):

  • Founded: 1986
  • Headquarters: New Delhi, India

National Institute of Design (NID):

  • Founded: 1961
  • Headquarters: Ahmedabad, Gujarat, India

Tabular Summary:

Key Details Information
Event Inauguration of ‘Lok Samvardhan Parv’
Location Delhi Haat, New Delhi
Date July 18, 2024
Inaugurated By Kiren Rijiju, Union Minister for Minority Affairs and Parliamentary Affairs
Significant Contributions Release of Coffee table book, Credit Plan, MOUs with banks and state missions
Exhibitors and Participants NIFT, NID, EPCH, UNICEF YuWaah, GeM, ONDC, Ambedkar University, and 162 artisans
Cultural Activities Traditional dances and craft demonstrations
Main Objective Showcase and promote the development programs of the Ministry of Minority Affairs

9. Which academic institution has recently signed an MoU with the Bureau of Indian Standards (BIS) to promote standardization?
A) IIT Bombay
B) IIT Madras
C) NIT Trichy
D) Indian Institute of Science, Bengaluru
E) IIT Kanpur
Answer: D) Indian Institute of Science, Bengaluru

Event and Location:

  • Event: Signing of a Memorandum of Understanding (MoU) between BIS and IISc
  • Location: Indian Institute of Science (IISc), Bengaluru

Mandates and Objectives:

  • BIS Standardization Chair Professor: The initiative aims to promote standardization and conformity assessment through collaborative activities between BIS and IISc. This partnership seeks to integrate standardization topics into academic programs and engage academia in national and international standardization efforts.

Important Terms Explained:

  • Bureau of Indian Standards (BIS): The national standards body of India responsible for the development and maintenance of standardization in the country.
  • Indian Institute of Science (IISc): A premier public research university in Bengaluru, India, known for its advanced research and education in science and engineering.
  • Standardization and Conformity Assessment: Processes to develop and implement technical standards to ensure products and services are safe, reliable, and of high quality.

Static GK Information:

Titbits

Bureau of Indian Standards (BIS):

  • Founded: 1986
  • Headquarters: New Delhi, India
  • Director General: Pramod Kumar Tiwari

Indian Institute of Science (IISc):

  • Founded: 1909
  • Location: Bengaluru, Karnataka, India
  • Director: Govindan Rangarajan

Tabular Summary:

Key Details Information
Event Signing of MoU to promote standardization
Location Indian Institute of Science, Bengaluru
Date July 3, 2024
Parties Involved Bureau of Indian Standards (BIS), Indian Institute of Science (IISc)
Main Initiative Establishment of BIS Standardization Chair Professor
Purpose Promote collaborative activities in standardization and conformity assessment
Key Objectives Integration of standardization curricula, active participation in standardization activities, infrastructure support for R&D, co-hosting events, knowledge sharing, exploring centres of excellence, laboratory facilities sharing
Other Collaborations IIT Bombay, IIT Kharagpur, IIT Kanpur, IIT Madras, NIT Rourkela, NIT Trichy

10. What is the theme for the India Mobile Congress (IMC) 2024 announced by Union Minister Shri Jyotiraditya M. Scindia?
A) Innovation for the Future
B) Technology Unleashed
C) The Future is Now
D) Bridging the Digital Divide
E) Global Connectivity
Answer: C) The Future is Now

Event and Location:

  • Event: Unveiling of the theme for India Mobile Congress (IMC) 2024
  • Location: Pragati Maidan, New Delhi, India

Mandates and Objectives:

  • Theme: “The Future is Now” signifies India’s leadership in technological advancements and its role in shaping the future of global technology.
  • Objective: To provide a platform for showcasing innovative solutions, services, and use cases in the technology ecosystem.

Important Terms Explained:

  • India Mobile Congress (IMC): An annual event that brings together global leaders, visionaries, pioneers, and innovators to collaborate and showcase technological advancements.
  • Pandit Deendayal Upadhyay Telecom Excellence Awards: Awards given annually to recognize outstanding contributions in telecom innovations, services, and manufacturing.

Static GK Information:

Titbits

Department of Telecommunications (DoT):

  • Founded: 1985
  • Headquarters: New Delhi, India
  • Secretary: Neeraj Mittal

Cellular Operators Association of India (COAI):

  • Founded: 1995
  • Headquarters: New Delhi, India
  • Chairman: Abhijit Kishore

Tabular Summary:

Key Details Information
Event Unveiling of IMC 2024 Theme
Location Pragati Maidan, New Delhi
Date July 18, 2024
Theme The Future is Now
Inaugurated By Shri Jyotiraditya M. Scindia
Purpose Showcase technological advancements and facilitate global collaboration
Special Announcements Pandit Deendayal Upadhyay Telecom Excellence Awards 2023, Testing Scheme for Startups & MSMEs
Concurrent Events World Telecommunication Standardization Assembly (WTSA) 2024, Global Standards Symposium (GSS) 2024
IMC 2024 Dates October 15-24, 2024
Expected Participants Over 400 exhibitors, 640 startups, and 150,000 attendees


Over All Review

Sports 

  • Spain climbed to third position in the latest FIFA rankings.

Acquisitions and Mergers

  • ONGC Videsh acquires 0.615% stake in Offshore Azeri Chirag Gunashli oil field.

Appointments

  • Ursula von der Leyen re-elected as European Commission President for a second term.
  • Sanjeev Krishan re-elected for a second term as PwC India Chairperson.

Awards 

  • Sobha Group’s Sri Kurumba Trust won Global CSR ESG Award 2024 for Child and Women Development.
  • CBDT awarded the Taxnet 2.0 project to Bharti-Airtel Ltd.

National Affairs

  • NFDC and Netflix India collaborate to train voice-over artists through ‘The Voicebox’.
  • Kiren Rijiju inaugurated the ‘Lok Samvardhan Parv’ at Delhi Haat.
  • BIS and IISc signed an MoU to promote standardization.
  • IMC 2024 theme “The Future is Now” unveiled by Union Minister Shri Jyotiraditya M. Scindia.

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