Daily Current Affairs July 25

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 25. 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.

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July 25| Daily Current Affairs 2023

Important days – Daily Current Affairs July 25

1. On which date is World Drowning Prevention Day observed each year?
A) January 1
B) April 22
C) July 25
D) October 12
E) December 31
Answer: C) July 25

• World Drowning Prevention Day is marked each year on July 25
• World Drowning Prevention Day is a chance for everyone to reflect on what they can do to protect themselves and the people they love from drowning
• Theme: Anyone can drown, no one should
• This year is 3rd edition(1st – 2021)

International In Vitro Fertilization (IVF) Day

• World In Vitro Fertilization (IVF) Day, also known as World Embryologist Day is observed on July 25 annually.
• The day celebrated the first IVF baby in the world born on July 25, 1978.
• Also, it aims to spread awareness about the development of IVF as a stream.
• This day is particularly special because, in 1978, the first baby was born through the process of IVF.Louise Joy Brown was the first baby to be born through In vitro fertilisation.
• Hence, to commemorate the special day, World Embryologist Day is celebrated every year on the same day.

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Sports – Daily Current Affairs July 25

2. Which Sri Lankan cricketer recently announced his retirement from international cricket?
A) LasithMalinga
B) Angelo Mathews
C) Dimuth Karunaratne
D) Lahiru Thirimanne
E) Dinesh Chandimal
Answer: D) Lahiru Thirimanne

• Sri Lankan cricketer LahiruThirimanne announced his retirement from all forms of international cricket
• The 33-year-old top-order batter made his international debut in 2010 and went on to represent Sri Lanka in 44 Tests, 127 ODIs, and 26 T20Is
• Lahiru was part of Sri Lanka’s ICC T20 World Cup-winning team in 2014 and also featured in two more World Cups.
• He captained Sri Lanka in five ODI games and played in two ODI World Cups as well.
• His last international match came during the Sri Lanka tour of India in March 2022 where he scored only eight runs across two innings in the Bengaluru Test.
• He recorded three Test hundreds against Bangladesh in 2021 at home but he struggled to keep his place in the red-ball team.

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Banking and Finance – Daily Current Affairs July 25

3. The Reserve Bank of India (RBI) recently imposed restrictions on which cooperative bank, capping deposit withdrawal at Rs 50,000 per account?
A) The National Co-operative Bank Ltd
B) Mumbai District Central Co-operative Bank
C) Kerala State Co-operative Bank
D) Punjab State Cooperative Bank
E) Gujarat State Co-operative Bank
Answer: A) The National Co-operative Bank Ltd

• The Reserve Bank of India (RBI) has imposed certain restrictions on Bengaluru-based ailing The National Co-operative Bank Ltd and capped deposit withdrawal at Rs 50,000 per account.
• The bank shall not grant or renew any loans and advances, make any investment, incur any liability including borrowal of funds and acceptance of fresh deposits, disburse or agree to disburse any payment whether in discharge of its liabilities and obligations or otherwise, enter into any compromise or arrangement and sell, transfer or otherwise dispose of any of its properties or assets.
• The restrictions will remain in force for a period of six months
• The RBI had previously imposed a monetary penalty on The National Co-operative Bank in May for certain rule violations.
• Specifically, the bank was found to be collecting fixed penal charges for a shortfall in maintaining the minimum balance in savings bank accounts, instead of proportionate to the extent of the shortfall.

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4. The Reserve Bank of India (RBI) recently included which bank in the list of Scheduled Banks under Schedule II of the RBI Act, 1934?
A) Shinhan Bank
B) KB Kookmin Bank
C) NongHyup Bank
D) Woori Bank
E) KEB Hana Bank
Answer: C) NongHyup Bank

• The Reserve Bank of India (RBI) vide Notification DoR.RET.REC.25/12.07.160/2023-24 addressing all banks, has informed about the inclusion of “NongHyup Bank” in the Second Schedule of the RBI Act, 1934.
• Nonghyup Bank is an agricultural bank headquartered in Jung-gu, Seoul, South Korea.
• The bank was established in 2012 as detached from, and is now owned by the NACF.
• Nonghyup Bank entered India in 2016.
• Scheduled Banks in India refer to those banks which have been included in the Second Schedule of Reserve Bank of India Act, 1934.
• Reserve Bank of India (RBI) in turn includes only those banks in this Schedule which satisfy all the criteria laid down vide section 42(6)(a) of the said Act.

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Appointments – Daily Current Affairs July 25

5. Who was recently elected as the Chair of the 13th Ministerial Conference of the World Trade Organization (WTO)?
A) Dr.NgoziOkonjo-Iweala
B) Dr.Thani Al Zeyoudi
C) Dr.TedrosAdhanom Ghebreyesus
D) Dr. Abdullah Al-Rabeeah
E) Dr. Angela Merkel
Answer: B) Dr.Thani Al Zeyoudi

• The General Council of the WTO has elected Dr Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade at the Ministry of Economy, as Chair of the World Trade Organisation’s 13th Ministerial Conference (MC13)
• The Ministerial Conference, attended by leading representatives from the 164 countries and customs blocs that make up the WTO, will take place in Abu Dhabi in February 2024.
• The announcement was made during the WTO General Council in Geneva, Switzerland

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Awards – Daily Current Affairs July 25

6. Who was named the best referee for the 2022-23 season by the All India Football Federation (AIFF)?
A) Kishan Chand Joshi
B) Rahul Gupta
C) Sunil Chhetri
D) Sandesh Jhingan
E) Gurpreet Singh Sandhu
Answer: B) Rahul Gupta

• The All India Football Federation (AIFF) named Rahul Gupta as the best referee and Kishan Chand Joshi as the best assistant referee for the 2022-23 season.
• Recently India and Mumbai City FC wingerLallianzualaChhangte was recently named the AIFF Men’s Footballer of the Year

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Science and Technology – Daily Current Affairs July 25

7. Which Indian Institute recently announced its plans to establish the India-Japan Study and Research Centre?
A) IIT Bombay
B) IIM Ahmedabad
C) IIM Kozhikode
D) IIT Delhi
E) IIM Bangalore
Answer: C) IIM Kozhikode

• The Board of Governors of the Indian Institute of Management Kozhikode has given its approval to the proposal of setting up an “India-Japan Study and Research Centre” for enhancing management education and research competencies in specific areas of mutual interest between both two countries.
• The initiative will provide for the transfer of knowledge and competencies in areas of mutual interest, thereby, facilitating research collaborations and student exchange programmes with various Japanese institutes of higher learning.
• This will also promote understanding of Japan in India and India in Japan through research, training, and other management development programmes.
• Rajib Shaw of Keio University Japan has been appointed as a visiting professor for advice to IIMK on Centre activity.

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International Affairs – Daily Current Affairs July 25

8. Which two countries recently agreed to facilitate the bilateral exchange of young researchers and startups in the fields of Biotechnology and Agriculture?
A) India and Brazil
B) India and Australia
C) India and Argentina
D) India and Canada
E) India and Germany
Answer: C) India and Argentina

• India and Argentina have agreed for a bilateral exchange of young researchers and Startups, particularly in the field of Biotechnology and Agriculture.
• This was stated by Union Minister of State (Independent Charge) Science & Technology; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh when the Governor of Santa Fe province of Argentina, Omar Angel Perotti called on him, accompanied by a high-level delegation.
• The two countries also decided to hold comprehensive talks between delegations comprising academia, R&D Institutes and Industry in the field of Science & Technology and Biotechnology
• India and Argentina have an Inter-governmental Agreement to promote technical and scientific cooperation signed in 1985.
• The objective of this programme is to strengthen and expand relations between scientific communities, making possible the exchanges between Indian and Argentine research groups, in the framework of joint scientific and technological projects, selected by the parties.
• India is the 4th largest trading partner of Argentina, with bilateral trade touching a historic peak of USD 6.4 billion in the year 2022, recording a growth rate of 12% over 2021.
• Exports from India to Argentina was worth USD 1.84 billion (31% growth rate) while India’s imports from Argentina was worth USD 4.55 billion.
• As per DGFT, India-Argentina bilateral trade during the fiscal year 2022-23 was USD 4.16 billion, with India’s exports to Argentina valued at USD 961 million and Argentina’s exports to India valued at USD 3.20 billion.

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National Affairs – Daily Current Affairs July 25

9. Which organization recently signed an agreement with IFSCA (International Financial Services Centres Authority) to strengthen fintechstartups in Kerala?
A) Reserve Bank of India (RBI)
B) Securities and Exchange Board of India (SEBI)
C) Kerala Startup Mission
D) National Stock Exchange of India (NSE)
E) Federation of Indian Chambers of Commerce and Industry (FICCI)
Answer: C) Kerala Startup Mission

• Kerala Startup Mission has tied up with the International Financial Services Centres Authority (IFSCA) for stronger support to nascent fintech and techfin firms through increased capital and a wider global network in the next three years.
• KSUM and IFSCA signed a memorandum of understanding, subsequently interacting with select fintech startups and holding a session on the international authority’s services as well as schemes.
• The pact was inked between KSUM Chief Executive Officer AnoopAmbika and IFSCA Chief Technology Officer Joseph Joshy.
• The MoU permits seeking inputs from each other on developmental matters relating to the fintech industry, while also collaborating on events that include global hackathons and education programs.
• The parties can jointly hold symposia, webinars, and conferences for the growth of fintech at IFSC in GIFT (Gujarat International Financial Tec-City) of Gandhinagar, pointed out Ambika, noting that the agreement will enable KSUM startups to know more about the global trends in the domain.
• Also, KSUM-registered fintechs will get access to IFSCA’s Regulatory and Innovation Sandbox. They can also apply to the IFSCA FinTech Incentive Scheme 2022 for grants.
• The 2020-founded IFSCA’s mandate is to develop and regulate financial products, financial services and financial institutions in the country’s international financial services centre.
• KSUM is Kerala government’s nodal agency established in 2006 for entrepreneurship development and incubation activities in the State.

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10. Which company recently won a defence ministry grant to build satellites for the Indian Air Force (IAF)?
A) SpaceX
B) Blue Origin
C) Pixxel
D) OneWeb
E) Planet Labs
Answer: C) Pixxel

• Space startup Pixxel has won a multi-crore rupee grant from the government to build miniaturised multi-payload satellites for the Indian Air Force, marking its entry into the defence sector.
• Under the grant from Innovations for Defence Excellence (iDEX) of the Defence Ministry, Pixxel will develop small satellites of up to 150 kgs for electro-optical, infrared, synthetic aperture radar and hyperspectral purposes
• The grant is part of the SPARKS initiative under Mission DefSpace launched by Prime Minister Narendra Modi last year with 75 Defence Space challenges in five buckets – launch system, satellite system, communication and payload system, ground system, and software system, provide a holistic 360 degrees overview of space.
• So far, Pixxel has launched commercial hyperspectral imaging satellites that provide earth-imaging services to its customers that include the US”National Reconnaissance Office.
• The SPARK grants – offered to startups selected through the iDEX (Prime) & DISC initiatives – are aimed at catalysing innovation enabling Indian innovators and entrepreneurs to deliver technologically advanced solutions as well as propel deep-tech innovations in India.
• Mission DefSpace also aims to encourage technology development in space for defence applications by startups and young entrepreneurs via various Defence Ministry initiatives including iDEX.

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11. Who inaugurated the Heli Summit 2023 and UDAN 5.2 in Khajuraho?
A) Shri Narendra Modi
B) Shri Amit Shah
C) Shri Jyotiraditya M Scindia
D) Shri Rajnath Singh
E) Shri Nitin Gadkari
Answer: C) Shri Jyotiraditya M Scindia

• Shri Jyotiraditya M Scindia, Minister of Civil Aviation and Steel inaugurated Heli Summit 2023 in Khajuraho, Madhya Pradesh.
• Shri Scindia also launched RCS UDAN 5.2 and HeliSewa-App during the event.
• The 5th Helicopter & Small Aircraft Summit (Heli Summit 2023) was jointly organized by the Ministry of Civil Aviation, in association with the Government of Madhya Pradesh, Pawan Hans Ltd., and the Federation of Indian Chambers of Commerce and Industry (FICCI).
• The theme of the event was “Reaching the Last Mile: Regional Connectivity through Helicopters & Small Aircraft”.
• The event format included an inaugural session followed by a technical session.
• UDAN 5.2 has been launched for further enhancing the connectivity to remote and regional areas of the country and achieving last-mile connectivity through small aircraft such as 1A (<9 seats) and Category 1(<20 seats).
• Shri Scindia also launched Heli-Sewa mobile application during the event. The HeliSewa Portal is an initiative of the Ministry of Civil Aviation under Digital India to create a common platform to create an ecosystem between the helicopter operators and the district authorities. The mobile application will make it more convenient to use in terms of user experience, loading content, and usability of functions.
• A Memorandum of Understanding (MoU) between Pawan Hans and Jetserve was signed for advancing the Helicopter and Small Aircraft sector in India.

Shri Jyotiraditya M Scindia inaugurates three Flight Training Academies in Khajuraho, Madhya Pradesh

• Shri Jyotiraditya M Scindia, Minister for Civil Aviation and Steel inaugurated three Flight Training Organizations (FTO) in Khajuraho, Madhya Pradesh
• With the opening of three FTOs in Khajuraho, the total number of FTOs in Madhya Pradesh will be six, three at Khajuraho, one at Indore, one at Sagar, and one at Guna.
• These six FTOs will enhance the potential of the state to be a major contributor to pilots in the aviation industry.
• Flyola Aviation Academy can train 20 cadets in one batch. For this, FTO has 04 flying instructors.
• Indian Flying Academy: Indian Flying Academy is a unit of Shaurya Flight Sim Pvt Ltd that has been established at Khajuraho Airport under the ‘AatamNirbhar Bharat’ initiative taken by the honorable Prime Minister. It has acquired 05 aircraft of which 04 have already arrived. Of these 04 aircraft, 03 aircraft are Single-Engine Aircraft consisting of two Diamond DA 40, one Evektor, and one Multi Engine aircraft-Diamond DA 42. Indian Flying Academy will have a capacity of 40 students for Flying Training per batch and the FTO will have 2 batches per year.
• Flyola Aviation Academy (Jet Serve Aviation Pvt. Ltd.)- Helicopter FTO: Flyola Aviation Academy Helicopter FTO is Asia’s first Commercial Helicopter Pilot License (CHPL) Training Institute. FlyOla Aviation Academy currently has two Robinson R44 helicopters in its fleet and is having a capacity of 20 students for Flying Training at a time.
• Flyola Aviation Academy (Jet Serve Aviation Pvt. Ltd.)-Fixed Wing FTO: The Fixed Wing FTO of Flyola Aviation Academy is giving training on multi-engine training aircraft which is considered a high-performance aircraft. The Trainer fleet of Flyola Aviation Academy consists of: –
  • Single Engine Aircraft: –
    • 02 Cessna 172 Aircraft
  • 04 Multi-Engine Aircraft: –
    • 03 King Air C 90A Aircraft
    • 01 Super King Air B200 Aircraft.

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12. Who inaugurated the city’s first ‘water ATM’, providing drinking water treated using the reverse osmosis (RO) process, in Mayapuri Phase 2?
A) Prime Minister Narendra Modi
B) Chief Minister Arvind Kejriwal
C) Chief Minister Mamata Banerjee
D) Chief Minister Uddhav Thackeray
E) Chief Minister Naveen Patnaik
Answer: B) Chief Minister Arvind Kejriwal

• Chief Minister Arvind Kejriwal inaugurated the city’s first ‘water ATM’, which provides drinking water treated using the reverse osmosis (RO) process, in Mayapuri Phase 2
• The Delhi government has established four such water ATMs as part of a pilot project
  Plans are afoot to set up a network of 500 water ATMs across the city
• Anyone with a water ATM card, issued by the Delhi Jal Board, would be able to draw up to 20 litres of water daily from these ATMs free of cost
• Water drawn over the daily quota will be charged at the rate of ₹1.60 per 20 litres

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13. Who recently inaugurated a registration camp for women in Tamil Nadu to avail the Rs 1,000 monthly assistance scheme?
A) Kerala CM PinarayiVijayan
B) Karnataka CM BasavarajBommai
C) Tamil Nadu CM M.K. Stalin
D) Andhra Pradesh CM Y.S. Jagan Mohan Reddy
E) Maharashtra CM Uddhav Thackeray
Answer: C) Tamil Nadu CM M.K. Stalin

• Tamil Nadu Chief Minister M K Stalin inaugurated a camp here to facilitate registration of applications by women to avail the Rs 1,000 monthly basic income scheme, a flagship programme of the ruling DMK regime set to be launched in September.
• The first phase of special camp for Dharmapuri district would be held from July 24 to August 4, covering 2,21,484 family card holders.
• The second phase of the camp would be conducted between August 5 and 16 for 2,47,111 ration card holders. As many as 35,923 camps are set to be held across the state for the registration exercise.
• In the 2023-24 Budget, the state government announced allocation of Rs 7,000 crore for the ‘KalaignarMagalirUrimaiThittam’ (Kalaignar Scheme for Women’s Right) an initiative to ensure a basic minimum income for eligible women heads of families. The scheme is expected to benefit approximately one crore women.
• As regards eligibility, the yearly income of the family should be less than Rs 2.50 lakh per annum.
• In case the applicants own wetland, it should be less thanfive acres and in case of dryland, it must be below ten acres. Annual domestic electricity consumption should be less than 3,600 units.
• The government had announced that the scheme would be implemented from September 15, the birth anniversary of former Chief Minister and Dravidian icon CN Annadurai.
• The other aspects in respect of eligibility is the stipulation that applicants should have completed 21 years of age and only one woman/woman-head from a family that has a ration card could apply to avail the Rs 1,000 monthly support.
• In the ration card, if the name of a man was mentioned as family head, his wife would be regarded as woman head of the family. For some reason, if the name of the man’s wife does not figure in the ration card, one of the other women, who are part of that family would be treated as woman head of family for the purpose of the scheme.

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14. Which Maharatna Power PSU recently announced joining the “Asia Transition Finance Study Group” (ATFSG)?
A) National Thermal Power Corporation (NTPC)
B) Bharat Heavy Electricals Limited (BHEL)
C) Power Grid Corporation of India (POWERGRID)
D) Power Finance Corporation (PFC)
E) Rural Electrification Corporation (REC)
Answer: D) Power Finance Corporation (PFC)

• Maharatna Power PSU Power Finance Corporation (PFC) has announced joining “Asia Transition Finance Study Group” (ATFSG) during the Bilateral Ministerial Meeting between Union Minister of Power and New and Renewable Energy RK Singh and His Excellency Yasutoshi Nishimura, Minister of Economy, Trade and Industry, Government of Japan on the side lines of G20 summit at Goa. MNRE’s Secretary BS Bhalla, MoP’s Additional Secretary Ajay Tewari, PFC’s CMD (Addl. Charge) Parminder Chopra and senior officials from both the countries were present.
• PFC is the first member from India to join ATFSG.
• This is an initiative by Japanese Ministry of Economy, Trade and Industry (METI) for promoting sustainable transition finance for Asian Countries.
• Other members and observers of the ATFSG include Japanese banks, major Asian and global financial institutions, development banks, export credit agencies, and government agencies.
• PFC as a member of ATFSG will voice India perspective, while developing policy considerations for effective energy transition financing.

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15. How many Greenfield Airports across India recently received in-principle approval from the Centre?
A) 12
B) 15
C) 18
D) 21
E) 25
Answer: D) 21

• The government of India granted ‘in-principle’ approval for the establishment of 21 new Greenfield Airports.
• These airports will be set up in different regions of the country to enhance connectivity and boost air travel accessibility.
• he approved locations for the new airports are as follows:
  • Mopa in Goa
  • Navi Mumbai, Shirdi, and Sindhudurg in Maharashtra
  • Kalaburagi, Vijayapura, Hassan, and Shivamogga in Karnataka
  • Dabra (Gwalior) in Madhya Pradesh
  • Kushinagar and Noida (Jewar) in Uttar Pradesh
  • Dholera and Hirasar in Gujarat
  • Karaikal in Puducherry
  • Dagadarthi, Bhogapuram, and Orvakal (Kurnool) in Andhra Pradesh
  • Durgapur in West Bengal
  • Pakyong in Sikkim
  • Kannur in Kerala
  • Hollongi (Itanagar) in Arunachal Pradesh
• Among these, 11 Greenfield airports have already been made operational.
• These include Durgapur, Shirdi, Kannur, Pakyong, Kalaburagi, Orvakal (Kurnool), Sindhudurg, Kushinagar, Itanagar, Mopa, and Shivamogga.
• The state government of Tamil Nadu has applied for the first stage clearance, known as ‘site-clearance,’ to develop a Greenfield airport at Parandur in Kancheepuram District.
• According to the Greenfield Airport Policy of 2008, the proposal is being reviewed by the Airports Authority of India (AAI), Directorate General of Civil Aviation (DGCA), and Ministry of Defence (MoD) for their feedback.
• The final recommendation for the award of site clearance will be made by the Steering Committee on Greenfield Airports, after consulting all stakeholders.
• The implementation of these airport projects, including funding, land acquisition, and rehabilitation & resettlement efforts, lies with the respective airport developers, which may also include the state government if they are the project proponents.

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