Daily Current Affairs July 29

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 29. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.

Current affairs are the most dynamic yet scoring among all sections and need to be prepared from the right source. Here, we cafunsta team, providing  Daily GK Updates, Current Affairs Questions, and Monthly  current affairs pdf.

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July 29 | Daily Current Affairs 2024

Important Days – Daily Current Affairs July 29

1. What is the primary focus of International Tiger Day celebrated on July 29?
A) Promoting tourism in tiger habitats
B) Celebrating the beauty of tigers
C) Raising awareness about tiger conservation
D) Encouraging people to adopt tigers
E) Organizing tiger shows in zoos
Answer: C) Raising awareness about tiger conservation

Event and Location:

• Event: International Tiger Day
• Date: July 29, 2024

Mandates and Objectives:

• Raising Awareness: To spread awareness about the conservation of tigers.
• Protecting Natural Habitats: Focus on protecting the natural habitats of tigers.
• Addressing Threats: Highlighting the threats like habitat loss, human-wildlife conflict, and poaching.
• Government Efforts: Promoting sustainable livelihoods for local communities and expanding protected areas.

Important Terms Explained:

• Tiger Conservation: Efforts to protect and sustain the population of tigers in their natural habitats.
• Habitat Loss: The destruction of natural environments that are home to tigers, primarily due to deforestation and human encroachment.
• Poaching: Illegal hunting of tigers for their parts, such as skin and bones, which are sold in the black market.
• Human-Wildlife Conflict: Clashes between humans and tigers, often resulting from encroachment on tiger habitats by human activities.

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2. What significant event did the Ministry of Earth Sciences (MoES) celebrate on July 27, 2024?
A) Launch of a new satellite
B) 18th Foundation Day
C) Opening of a new research center
D) Major scientific discovery
E) International conference on climate change
Answer: B) 18th Foundation Day

Event and Location:

• Event: 18th Foundation Day of the Ministry of Earth Sciences (MoES)
• Location: Prithvi Bhavan Headquarters, New Delhi, India

Mandates and Objectives:

• Foundation Day Celebration: Marking nearly two decades of contributions to Earth system sciences since its inception on July 27, 2006.
• Inaugural Ceremony: Attended by senior government officials, scientists, and key stakeholders.
• Chief Guest: Professor Ajay Kumar Sood, Principal Scientific Advisor to the Government of India.
• Achievements Highlighted: Contributions in air, water, land, solid earth, and life sciences.

Important Terms Explained:

• Earth System Sciences: Study of the interactions between the atmosphere, hydrosphere, lithosphere, cryosphere, and biosphere.
• India Meteorological Department (IMD): An agency of MoES that released the ‘Standard Operation Procedure on Cyclone Warning in India’.
• National Centre for Polar and Ocean Research (NCPOR): An autonomous institute of MoES that released a report on the 14th Indian Arctic Expedition.
• Centre for Marine Living Resources and Ecology (CMLRE): An office of MoES that released a catalogue on deep-sea taxonomy.

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Sports – Daily Current Affairs July 29

3. What was the reason for George Russell’s disqualification from the Belgian Grand Prix?
A) Unsafe driving
B) Technical infringement
C) False start
D) Ignoring track limits
E) Engine failure
Answer: B) Technical infringement

Event and Location:

• Event: Disqualification of George Russell from the Belgian Grand Prix
• Location: Spa-Francorchamps, Belgium

Mandates and Objectives:

• Minimum Weight Requirement: Russell’s car was found to be below the 798kg minimum weight limit.
• Weight Check Procedure: The car was weighed initially at 798kg but dropped to 796.5kg after fuel sample was taken.
• Compliance with Regulations: Article 4.1 of the FIA Formula 1 Technical Regulations was breached due to the car being underweight.

Important Terms Explained:

• FIA: Fédération Internationale de l’Automobile, the governing body for world motor sport.
• Scrutineering: The technical inspection of cars to ensure they comply with the regulations.
• Minimum Weight Limit: The least allowable weight of an F1 car including the driver but excluding fuel, set by the FIA.
• Article 4.1 of FIA Technical Regulations: Specifies the minimum weight a Formula 1 car must meet.

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Business and Economy – Daily Current Affairs July 29

4. What was the percentage increase in digital payments in India as of March 31, 2024, according to the RBI?
A) 10.2%
B) 11.8%
C) 12.6%
D) 13.4%
E) 14.1%
Answer: C) 12.6%

Event and Location:

• Event: Increase in digital payments in India
• Date: March 31, 2024

Mandates and Objectives:

• Digital Payments Growth: Digital payments across India saw a 12.6% YoY rise.
• RBI-DPI Index: The RBI’s Digital Payments Index (RBI-DPI) stood at 445.5 at the end of March 2024.
• Previous Index Values: Compared to 418.77 in September 2023 and 395.57 in March 2023.

Important Terms Explained:

• RBI-DPI: Reserve Bank of India’s Digital Payments Index, a composite index to measure the extent of digitization of payments.
• YoY: Year-over-Year, a method of evaluating two or more measured events to compare the results at one period with those of another period on an annualized basis.

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Acquisitions and Mergers – Daily Current Affairs July 29

5. What percentage stake in India Cements is UltraTech Cement acquiring?
A) 22.77%
B) 32.72%
C) 39.45%
D) 12.95%
E) 15.5%
Answer: B) 32.72%

Event and Location:

• Event: UltraTech Cement acquiring a stake in India Cements
• Location: Mumbai, India

Mandates and Objectives:

• Stake Acquisition: UltraTech Cement is acquiring a 32.72% stake in India Cements for ₹3,945 crore.
• Open Offer: UltraTech Cement will make an open offer to India Cements shareholders at ₹390 a share after regulatory approvals.
• Share Purchase Agreement: To be signed with N Srinivasan-led India Cements promoters and associates.
• Financial Investment: In June, UltraTech acquired 22.77% equity at ₹268 per share.

Important Terms Explained:

• Open Offer: A public offer made by a company to buy shares from shareholders, typically at a premium to the market price.
• Regulatory Approvals: Necessary permissions required from regulatory bodies for the transaction to be completed.
• MTPA: Million Tonnes Per Annum, a measure of production capacity.

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6. Which company is set to acquire KKR’s stake in JB Chemicals and Pharmaceuticals?
A) Sun Pharmaceuticals
B) Dr. Reddy’s Laboratories
C) Cipla
D) Torrent Pharmaceuticals
E) Lupin
Answer: D) Torrent Pharmaceuticals

Event and Location:

• Event: Potential acquisition of KKR’s stake in JB Chemicals and Pharmaceuticals
• Location: India

Mandates and Objectives:

• Acquisition Deal: Torrent Pharmaceuticals is likely to acquire KKR’s nearly 54% stake in JB Chemicals and Pharmaceuticals.
• Deal Size: The deal is estimated to be around ₹17,000-18,000 crore or even higher.

Important Terms Explained:

• KKR: Kohlberg Kravis Roberts, a global investment firm specializing in private equity.
• JB Chemicals and Pharmaceuticals: A smaller rival in the pharmaceutical industry.

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Books and Authors – Daily Current Affairs July 29

7. What significant event did the Ministry of Education celebrate at the Akhil Bhartiya Shiksha Samagam 2024?
A) Launch of a new skill development program
B) 10th anniversary of the National Education Policy
C) Release of books promoting Indian Knowledge Systems
D) Opening of a new university
E) Inauguration of a digital education platform
Answer: C) Release of books promoting Indian Knowledge Systems

Event and Location:

• Event: Akhil Bhartiya Shiksha Samagam (ABSS) 2024
• Location: Manekshaw Centre Auditorium, New Delhi, India

Mandates and Objectives:

• Celebration: Marking the 4th anniversary of the National Education Policy 2020.
• Objective: Promoting Indian Knowledge Systems (IKS) among students and teachers.
• Book Releases: Several books and lecture notes by the IKS Division of the Ministry of Education were unveiled.

Important Terms Explained:

• National Education Policy (NEP) 2020: A policy aimed at transforming India’s education system by 2040.
• Indian Knowledge Systems (IKS): An initiative to integrate traditional Indian knowledge into modern education.

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Appointments – Daily Current Affairs July 29

8. Who has recently taken charge as the Chairman and Managing Director of SIDBI?
A) Rajnish Kumar
B) Shaktikanta Das
C) Manoj Mittal
D) Arundhati Bhattacharya
E) Uday Kotak
Answer: C) Manoj Mittal

Event and Location:

• Event: Appointment of Manoj Mittal as Chairman and Managing Director (CMD)
• Organization: Small Industries Development Bank of India (SIDBI)

Mandates and Objectives:

• New Leadership: Manoj Mittal has taken charge as the CMD of SIDBI.
• Experience: He brings over 33 years of extensive experience in the finance sector.
• Previous Positions: Previously served as Managing Director and CEO at Industrial Finance Corporation of India (IFCI) and Deputy Managing Director at SIDBI.

Important Terms Explained:

• SIDBI: Small Industries Development Bank of India, a financial institution aimed at aiding the growth and development of micro, small, and medium-scale enterprises (MSMEs) in India.
• CMD: Chairman and Managing Director, the highest-ranking executive officer in the organization, responsible for overall management and operations.

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9. Who was elected as the new President of the Madras Chamber of Commerce and Industry (MCCI)?
A) A Viswanathan
B) Giridhar Aramane
C) Abhishek Singh
D) Ramkumar Shankar
E) Sandeep Aggarwal
Answer: D) Ramkumar Shankar

Event and Location:

• Event: Election of new President of the Madras Chamber of Commerce and Industry (MCCI)
• Location: Chennai, India

Mandates and Objectives:

• New Leadership: Ramkumar Shankar, Managing Director of Chemplast Sanmar Ltd, elected as the President.
• Vice President: A Viswanathan, President of Delphi TVS Technologies Ltd, elected as the Vice President.
• Meeting: Elections held at the 188th Annual General Meeting of MCCI.

Important Terms Explained:

• MCCI (Madras Chamber of Commerce and Industry): An organization representing business and industrial interests in Chennai, promoting trade, commerce, and industry.
• Annual General Meeting (AGM): A yearly meeting where members of an organization gather to discuss annual reports, elect officials, and make key decisions.

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Awards – Daily Current Affairs July 29

10. Which organization won the GEEF Global WaterTech Award under the category ‘Water Department of the Year’ at the Global Water Tech Summit – 2024?
A) National Water Development Agency (NWDA)
B) Ministry of Jal Shakti
C) Central Water Commission (CWC)
D) Indian Council of Agricultural Research (ICAR)
E) Indian Meteorological Department (IMD)
Answer: C) Central Water Commission (CWC)

Event and Location:

• Event: GEEF Global WaterTech Award under the category ‘Water Department of the Year’
• Location: Global Water Tech Summit – 2024, New Delhi

Mandates and Objectives:

• Award Recognition: Recognizes significant achievements in the water sector, including innovation, technology, conservation, and sustainable development.
• CWC’s Role: Acknowledged for its role in hydro-meteorological data collection, flood forecasting, reservoir storage monitoring, water quality monitoring, coastal area management, water resources projects appraisal and monitoring, and resolving inter-state water issues.

Important Terms Explained:

• GEEF: Global Energy and Environment Foundation, which organizes the Global Water Tech Summit and awards significant achievements in the water sector.
• Hydro-Meteorological Data: Data related to the study of water and weather, important for flood forecasting and water resource management.

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Defence – Daily Current Affairs July 29

11. What is the primary purpose of the MoU signed between the Ministry of Defence and the National Stock Exchange of India Limited (NSE)?
A) To promote foreign investments in the defence sector
B) To facilitate capital market access to MSMEs in the defence sector
C) To launch a new defence technology program
D) To increase export opportunities for defence products
E) To provide tax benefits to defence companies
Answer: B) To facilitate capital market access to MSMEs in the defence sector

Event and Location:

• Event: Signing of MoU between Ministry of Defence (MoD) and National Stock Exchange of India Limited (NSE)
• Location: New Delhi, India

Mandates and Objectives:

• Purpose: To facilitate MSMEs in the defence sector to raise productive capital for their growth plans through the NSE Emerge platform.
• Duration: The MoU will be in force for five years.
• Awareness Drive: DDP and NSE will conduct seminars, MSME camps, knowledge sessions, road shows, and workshops.
• Support: NSE will assist MSMEs in connecting with intermediaries and guide them regarding capital markets, capital raising mechanisms, and regulatory compliance.

Important Terms Explained:

• MSMEs: Micro, Small, and Medium Enterprises, crucial for economic growth and employment.
• NSE Emerge: A platform by NSE for SMEs to raise equity capital from a diversified set of investors.
• Capital Market Access: The ability of companies to raise funds through the stock market by issuing equity or debt securities.

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12. What was the primary focus of the Defence Sector ICT Conclave co-hosted by the Department of Telecommunications and TEPC?
A) Launching a new defence policy
B) Enhancing defence ICT exports
C) Promoting telecom products to Indian consumers
D) Discussing global telecom regulations
E) Strengthening cooperation with African nations in the ICT sector
Answer: E) Strengthening cooperation with African nations in the ICT sector

Event and Location:

• Event: Defence Sector ICT Conclave
• Location: New Delhi, India

Mandates and Objectives:

• Purpose: To showcase India’s ICT capabilities in the defence sector and strengthen cooperation with African nations.
• Participants: Ambassadors, Defence Attachés, and Head of Commerce wings from more than 14 African nations.
• Focus Areas: Knowledge sharing, technology transfer, capacity building, skill development, and innovation in ICT.

Important Terms Explained:

• ICT (Information and Communication Technology): Technologies providing access to information through telecommunications, including the internet, wireless networks, cell phones, and other communication mediums.
• TEPC (Telecom Equipment and Services Export Promotion Council): An organization established to promote and develop the export of telecom equipment and services from India.
• C-DOT (Centre for Development of Telematics): An Indian government-owned telecommunications technology development centre.

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International Affairs – Daily Current Affairs July 29

13. Which country issued the world’s first-ever stamp depicting Shri Ram Lalla of Ayodhya?
A) India
B) Nepal
C) Thailand
D) Laos
E) Cambodia
Answer: D) Laos

Event and Location:

• Event: Issuance of the world’s first-ever stamp depicting Shri Ram Lalla of Ayodhya
• Location: Lao PDR (Lao People’s Democratic Republic)

Mandates and Objectives:

• Significance of the Stamp: Highlights the deep-rooted civilizational and cultural ties between Lao PDR and India.
• Depiction: The stamp features Shri Ram Lalla, the child form of Lord Ram.
• Unveiling Ceremony: Unveiled by India’s External Affairs Minister Dr. S. Jaishankar and Lao PDR’s Deputy Prime Minister and Foreign Minister Saleumxay Kommasith in Vientiane.

Important Terms Explained:

• Shri Ram Lalla: The child form of Lord Ram, a revered deity in Hinduism, prominently featured in the Ram Temple in Ayodhya.
• Commemorative Postage Stamp: A special type of stamp issued to honor or commemorate a specific event, person, or theme.
• Ramayana: An ancient Indian epic, revered in India and Southeast Asia, known as Ramakien in Laos.

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National Affairs – Daily Current Affairs July 29

14. What was the significant event that took place at Humayun’s Tomb site in Delhi on July 29, 2024?
A) The unveiling of a new statue of Humayun
B) The inauguration of a sunken museum
C) The start of the 46th session of the UNESCO World Heritage Committee
D) The restoration of the Humayun’s Tomb complex
E) The display of a newly found Mughal manuscript
Answer: B) The inauguration of a sunken museum

Event and Location:

• The event is the inauguration of India’s first sunken museum.
• Location: Humayun’s Tomb complex, Delhi, which is a UNESCO World Heritage Site.

Mandates and Objectives:

• The museum aims to showcase the legacy of Mughal emperor Humayun including lesser-known aspects of his life.
• It also highlights the heritage of the Nizamuddin area over the last seven centuries.
• The layout of the museum is inspired by medieval ‘baolis’ or traditional water tanks.

Important Terms Explained:

• Sunken Museum: A type of museum constructed below ground level, often integrating with the landscape and historical sites around it.
• UNESCO World Heritage Site: A landmark or area with legal protection by an international convention administered by UNESCO, recognized for having cultural, historical, scientific, or other forms of significance.

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15. What initiative was launched by NIEPID and the Hans Foundation to empower children with disabilities?
A) Establishment of new therapy centers
B) Distribution of educational materials
C) Launch of Mobile Therapy Buses
D) Creation of online therapy programs
E) Opening of new special schools
Answer: C) Launch of Mobile Therapy Buses

Event and Location:

• Event: Launch of Mobile Therapy Buses initiative
• Location: Noida, Ghaziabad, Kolkata, Mumbai

Mandates and Objectives:

• Purpose: To address the unique needs of children with disabilities in marginalized communities.
• Mobile Therapy Buses: Designed to provide intensive and life-changing services.
• Target Reach: Expected to reach nearly 14,000 people with disabilities.

Important Terms Explained:

• NIEPID: National Institute for the Empowerment of Persons with Intellectual Disabilities.
• Hans Foundation: A philanthropic organization in India that supports initiatives in health, education, and disability sectors.
• DEPwD: Department of Empowerment of Persons with Disabilities, part of the Ministry of Social Justice and Empowerment, Government of India.

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16. What is the purpose of the Ideas4LiFE portal launched by Shri Bhupender Yadav?
A) To promote e-commerce
B) To invite innovative ideas for environment-friendly lifestyles
C) To create a social networking site
D) To launch a new mobile application
E) To organize cultural events
Answer: B) To invite innovative ideas for environment-friendly lifestyles

Event and Location:

• Event: Launch of Ideas4LiFE portal
• Location: Indian Institute of Technology, Delhi

Mandates and Objectives:

• Purpose: To invite ideas related to products and services that induce behavioral changes towards environment-friendly lifestyles.
• Target Audience: Students, research scholars, faculty, and innovators.
• Themes: Save Water, Save Energy, Reduce Waste, Reduce E-Waste, Say No to Single-Use Plastics, Adopt Sustainable Food Systems, and Adopt Healthy Lifestyles.

Important Terms Explained:

• Mission LiFE: An initiative for mindful and deliberate utilization of resources, promoting sustainable consumption and environmental sustainability.
• Ideas4LiFE Portal: A platform for submitting innovative ideas and technologies aimed at adopting environment-friendly lifestyles.

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