Current Affairs Today 21st July 2023 Daily GK Update

Daily Current Affairs 21st July 2023 Daily GK Update

Current Affairs quiz 2022, Daily gk updates and Current affairs is playing a major role in any competitive exam. so here we are providing the current affairs quiz on daily basis for Bank, SSC, Railway and Other Government Competitive Examinations.

Here you can find Current Affairs Quiz for IBPS PO Mains, Current Affairs Quiz for IBPS RRB PO Mains, Current Affairs Quiz for IBPS RRB Clerk Mains, Current Affairs Quiz for RBI Assistant Mains, Current Affairs Quiz for RBI Grade B, Current Affairs Quiz for SSC.

National News

Piyush Goyal launches sale of subsidized chana dal under ‘Bharat Dal’

• Union Food and Consumer Affairs Minister Piyush Goyal has launched the sale of subsidized chana dal at Rs 60 per kg under the brand name ‘Bharat Dal’ to provide pulses at an affordable rate to consumers.
• Chana dal is being sold in Delhi-NCR through the retail outlets of National Agricultural Cooperative Marketing Feeration (NAFED).
• It will also be available at retail stores of NCCF, Kendriya Bhandar and Mother Dairy’s Safal.
• Goyal launched the “sale of subsidised chana dal under the brand name ‘Bharat Dal’ at the rate of Rs 60 per kg for one kg pack and Rs 55 per kg for 30 kg pack.
• The introduction of ‘Bharat Dal is a major step taken by the Central Government towards making pulses available to consumers at affordable prices by converting chana stock of the government into chana dal, it added
• Chana is the most abundantly produced pulse in India and consumed in several forms all over India. Chana whole is soaked and boiled to make salad and roasted chana is served as snacks. Fried chana dal can also be used as alternative to tur dal, curries and soups. Chana besan is a major raw material for namkeens and sweets.
• Chana has multiple nutritional health benefits as it is rich in fibre, iron, potassium, vitamin B, selenium beta carotene and choline which are required by human body for controlling anaemia, blood sugar, bone health etc. and even for mental health.

International News

Tata to set up EV battery factory in UK for £4 billion

• Tata Sons plans to build a four-billion-pound (about Rs 42,300 crore) electric vehicle battery factory in the UK, which will be its first gigafactory outside India.
• Last month, it announced plans to establish a Rs 13,000-crore battery manufacturing facility in Gujarat.
• In Britain, the Tata group is working on plans to make batteries for Jaguar Land Rover (JLR) as well as other vehicle companies.
• The factory will be located in Bridgwater, Somerset, England.
• The UK plant, which will cater to the requirements of Tata Group company Jaguar Land Rover (JLR), will create up to 4,000 jobs and have an annual output of 40-gigawatt hours. Production at the gigafactory will start in 2026.

About United Kingdom (UK)

• Capital – London
• Currency – Pound sterling
• Prime Minister – Rishi Sunak

Banking and Financial

PhonePe launches India’s first Health Insurance platform

• PhonePe Insurance Broking Services has launched health insurance plans that will for the first time in India offer monthly subscriptions.
• The health insurance plans, in partnership with leading insurers, are introducing UPI monthly mode of payment.
• The health insurance plans, which come with coverage up to one crore rupees, allow users to choose any hospital room without any cap.
• Health insurance in India is relatively very under-penetrated for various reasons ranging from lack of awareness to affordability issues.
• Big corporates including Star Health and leading banks such as HDFC Bank, and ICICI all offer health insurance packages, while the central and some state governments too have health insurance scheme for citizens of the world’s most populous country.
• The only platform in the country where customers can pay for Insurance in easy installments through UPI on the PhonePe app.
• PhonePe has sold more than 5.6 million policies to date. PhonePe Insurance platform has also sold policies across 98% of India’s PIN codes and has served more than 200 Mn vehicle insurance quotes.

Recent Facilities Launched in Banks & Insurance Sector

• Simplifai launches world-first generative Al tool for insurance
• Bank of India inaugurates IFSC Banking Unit at GIFT City
• PNB launched the virtual branch, PNB Metaverse.
• Indian Bank rolls out digital services under ‘Project WAVE’ initiative
• Bank of India launched Centralised Pool Buy-Out and Co-Lending Cell

SBI to set up Trustee Company to manage CDMDF

• State Bank of India will set up a new trustee company as its wholly-owned subsidiary for managing the Corporate Debt Market Development Fund (CDMDF).
• CDMDF will act as a backstop facility for the purchase of investment-grade corporate debt securities to instill confidence amongst the participants in the corporate bond market during times of stress and to generally enhance secondary market liquidity by creating a permanent institutional framework for activation in times of market stress
• The setting up of the Fund, which will be classified as an Alternative Investment Fund (AIF) under the SEBI (Alternative Investment Funds) Regulations, 2012, is subject to receipt of all regulatory approvals.

Close-ended scheme

• CDMDF will be launched as a close-ended scheme with an initial tenure of 15 years from the date of its initial closing (date on which contribution from all AMCs and specified schemes is received by CDMDF).
• Based on the requirements of the corporate bond market, the tenure can be extended with prior approval of the government in consultation with SEBI subsequent.
• To begin with, units of CDMDF shall be subscribed by Asset Management Companies (AMCs) of Mutual Funds and “specified debt-oriented MF Schemes” (that is Open-ended Debt oriented Mutual Fund schemes excluding Overnight funds and Gilt funds and including Conservative Hybrid funds.
• It will also improve the trading of these debts by setting up a system that can step in and help during tough market situations.

Appointment and Resignation

IPS officer Manoj Yadava as DG of Railway Protection Force

• Senior IPS officer Manoj Yadava has been appointed the Director General of the Railway Protection Force (RPF).
• Yadava, a 1988 batch Indian Police Service (IPS) officer of the Haryana cadre, will succeed Sanjay Chander who retires on July 31.
• The Appointments Committee of the Cabinet (ACC) has approved the appointment of Yadava to the post of DG, RPF, up to his superannuation on July 31, 2025.
• Shafi Ahsan Rizvi, Special Director in the Intelligence Bureau (IB), has been appointed as Advisor of the National Disaster Management Authority (NDMA), according to ACC.
• The ACC has also approved the appointment of Rajesh Pradhan as Joint Director in the Central Bureau of Investigation (CBI) on a deputation basis from the date of assumption of charge of the post up to his approved deputation tenure of January 30, 2027.
• Pradhan, a 2003 batch Indian Police Service (IPS) officer of Maharashtra cadre, is currently Deputy Inspector General in the CBI.

Recent Appointment

• CMD of India Tobacco Company Limited (ITC Ltd) – Sanjiv Puri (reappointment)
• President of the Olympic Council of Asia – Sheikh Talal Fahd Al Ahmad Al Sabah (Kuwait)
• Chairperson of National Green Tribunal (NGT) – Sheo Kumar Singh (replace Adarsh Kr Goel)
• CEO of Quick Heal Technologies Ltd – Vishal Salvi

Nivriti Rai appointed as Managing Director and CEO of Invest India

• Global business and technology expert Nivriti Rai has been appointed as the Managing Director and CEO of Invest India.
• She has taken over the charge from Ms. Manmeet K Nanda, Joint Secretary, Department for Promotion of Industry and Internal Trade (DPIIT) who had assumed this additional charge of MD & CEO ad-interim in March 2023.
• Rai joins Invest India after an illustrious 29 years of service as a global business and technology veteran at Intel.
• She was leading Intel India as Country Head for the last 7 years and spearheaded Intel’s growth and investments in the country.
• Rai was also conferred with the prestigious Nari Shakti Puraskar for her outstanding contribution in the field of technology.

Recent Appointment

• MD and CEO of Invest India – Nivriti Rai (replace Manmeet K Nanda)
• President of Cement Manufacturers’ Association (CMA) – Neeraj Akhoury (replace K C Jhanwar)
• Vice President of Cement Manufacturers’ Association (CMA) – Parth Jindal
• MD of Michelin India – Shantanu Deshpande
• Chairman of UP Electricity Regulatory Commission (UPERC) – Arvind Kumar (replace Raj Pratap Singh)

Rakesh Pal became the 25th Director General of the ICG

• Rakesh Pal has been appointed as the 25th Director General of the Indian Coast Guard (ICG).
• He has the distinction of being the first gunner of ICG.
• The officer, who hails from Uttar Pradesh, is an alumnus of the Indian Naval Academy and joined Indian Coast Guard (ICG) in January 1989.
• He was elevated to the rank of Additional Director General in February 2022 and was appointed as the Additional Director General Coast Guard at the Coast Guard Headquarters in New Delhi. He was also given the Additional Charge of Director General Coast Guard in February 2023.
• Rakesh Pal has also been conferred with the Tatrakshak Medal (TM) in the year 2013 and President Tatrakshak Medal (PTM) for his distinguished service in 2018.

Recent Appointment in Defence Sector

• Special Director of CBI – Ajay Bhatnagar
• Additional Director of CBI – Anurag
• Chief of Research and Analysis Wing (RAW) – Ravi Sinha (replace Samant Kumar Goel)
• Director general of the Border Security Force (BSF) – Nitin Agarwal
• 1st woman to command Communication Zone – Colonel Shuchita Shekhar

Awards

President of India presents Bhoomi Samman 2023

• President Droupadi Murmu presented the Bhoomi Samman awards to nine state secretaries and 68 district collectors for their achievements in the implementation of the Digital India Land Records Modernization Programme.
• The Digital India Land Records Modernization Programme (DILRMP) attempts to build upon the commonalities that exist in the arena of land records in various states to develop an integrated land information management system across the country.
• Congratulating those who have achieved targets under the DILRMP, President Murmu said digitization of land records will play an important role in the development of rural areas
• For the development of rural areas, modernization of land records is a basic requirement as the livelihood of most of the rural population is dependent on land resources.
• The unique land parcel identification number being provided could be useful like Aadhaar card and it would help people in making proper use of the lands as well in implementing new welfare schemes.
• Many people in rural areas have land records in the name of their forefathers and are not able to get registrations done due to lack of information, resources, or due to disputes.

Prof. Thalappil Pradeep of IIT Madras won the international Eni Award 2023

• Professor of IIT Madras, Thalappil Pradeep won the prestigious International Eni Award 2023 for his work on sustainable and affordable nanoscale materials for removing toxic contaminants from water, under the award category Advanced Environmental Solutions.
• This award is considered a top global honour for scientific research in energy and environment. The president of Italy is expected to present the award soon.
• Previous awardees include Nobel laureates, Sir Harold W Kroto, Alan Heeger, and Theodor Wolfgang Hänsch as well as professor C N R Rao, who is also a Bharat Ratna awardee.
• Prof Pradeep has been recognized earlier with the Padma Shri, Prince Sultan Bin Abdulaziz International Prize for Water and Nikkei Asia Prize, among many others.

Recent Awards

• Champion of Healthcare Innovation Award in US – Indian-American Dr. Ami Bera
• Economic Times (ET) HR World Future Skills Awards 2023 – NTPC Ltd
• Golden Peacock’ Environment Management Award 2023 – Adani Transmission Limited
• SKOCH Award – Jammu and Kashmir Rural Livelihoods Mission
• Insurer Innovation Awards 2023 – Bajaj Allianz Life Insurance

Sports 

Indian Shuttler sets Guinness world record for fastest badminton shot

• Star India shuttler Satwiksairaj Rankireddy has set the Guinness world record for the fastest hit by a male player in badminton, recording a mindboggling 565 km/h with his smash.
• Satwik broke a decade-long record set in May 2013 by Malaysian Tan Boon Heong, who had produced a speed of 493 km/h (306.34 mph) with his smash.
• Satwik’s smash was faster than the top speed of 372.6 km/h achieved by a Formula 1 car.
• Malaysia’s Tan Pearly set the Guinness world record for the fastest female badminton hits with a remarkable speed of 438 km/h (about 272 mph).

Important day

22 July – Pi Approximation Day

• Pi Approximation Day is celebrated on July 22 every year.
• There is an interesting fact why Pi Approximation Day is celebrated on this date. When placed in the date/month format, July 22 looks like 22/7 – this is an approximate value of Pi.
• The date is significant for more reasons as well – Physicist Albert Einstein was also born on July 22.
• The symbol of Pi was designed back in 1706 by mathematician Leonhard Euler.
• Pi Approximation Day, besides being celebrated on July 22, is also celebrated on November 10, as it is the 314th day of the year. Pi Day is also observed on March 14, as it looks like 3/14 when placed in the month/date format.

What is Pi?

• The ratio of a circle’s circumference to its diameter is called Pi.
• The value of Pi is approximately 3.14.
• The value of Pi has been calculated to trillions of digits. Google calculated Pi’s value to 31.4 trillion decimal places.
• Pi plays an integral part in determining the area and volume of a lot of geometric shapes – many trigonometric and geometric calculations are impossible without the use of Pi.

22 July – National Mango Day

• National Mango Day is observed every year on 22 July.
• The yellow fruit is world-famous for its sweet and juicy flavors. Mango is primarily a summer fruit, and it comes in all shapes and sizes, and with each variety, there’s a different way to enjoy the taste.
• South Asia also happens to produce half the world’s mango supply. China is the second-largest mango producer.
• According to several sources, the mango was first cultivated more than 4,000 years ago in India. Mango is a stone fruit that grows on a tropical tree called the Mangifera indica.
• There are more than 500 varieties in the world, and many of these were influenced and developed by political, religious, and social incidents.

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