Current Affairs Today 4th July 2023 Daily GK Update

Daily Current Affairs 4th 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

Amit Shah launches Akshar River Cruise in Ahmedabad

• Union Minister for Home and Cooperation Amit Shah has virtually launched the ‘Akshar River Cruise’ on Sabarmati Riverfront.
• This cruise is developed under Public Private Partnership by Ahmedabad Municipal Corporation and Sabarmati Riverfront Development Corporation Limited.
• The cruise is the first passenger catamaran built in the country under Make in India at a cost of Rs 15 crore with twin engines where 165 passengers can travel safely for one-and-a-half hours.
• The cruise has been designed keeping in mind the convenience of the citizens and is equipped with 180 life safety jackets, fire safety and emergency rescue boat.

Recent Inauguration by Amit Shah

• Amit Shah lays foundation stone of ‘Balidaan Stambh’ in Srinagar
• Amit Shah unveils ₹8,000 crore schemes to strengthen disaster management
• Amit Shah lays foundation stone of campus of National Academy of Coastal Policing in Gujarat
• Amit Shah inaugurates training program on legislative drafting in New Delhi
• Amit Shah launched Vibrant Villages Programme in Arunachal Pradesh

First of its kind exhibition ‘Banking on World Heritage’ inaugurated

• The first-of-its-kind exhibition ‘Banking on World Heritage’ was inaugurated in New Delhi by the Minister of Culture and External Affairs, Meenakshi Lekhi.
• The exhibition displays banknotes of G20 member nations, depicting world heritage sites listed by UNESCO, in a unique manner.
• The exhibition will help to connect the youth, who are mostly engaged on the digital platform, to their heritage through the physical currency notes.
• The G20 countries have 70 percent of declared Heritage of the world and the exhibition brings out the collective effort of these countries to preserve and conserve Heritage and to connect the current generation to the greatness of their past.
• The exhibition has been curated by the scholar Rukmini Dahanukar.

Chandigarh University ranked number 1 private university

• Chandigarh University (CU) has achieved a significant milestone by securing the first rank among India’s private universities in the latest edition of the coveted Quacquarelli Symonds (QS) World University Ranking.
• As per QS WUR-2024, in which 2963 institutions were evaluated, Chandigarh University – keeping continuing its success streak – has secured an overall rank of 771-780, which is higher than its 801-1001 rank in the previous edition of the ranking released last year. The university’s overall score in this year’s ranking is 15.2.
• As many as 45 Indian universities have featured in the 20th edition of the QS rankings and the all-India rank of Chandigarh University is 20 – among all public and private institutes. The university also stood at 233rd spot in Asia.
• While Chandigarh University (CU) climbed up the ladder as India’s number one ranked private University, the Indian Institute of Technology (IIT) Bombay has emerged as the number one ranked Indian public institute, in this year’s coveted QS World University Rankings 2024.
• The university also attained 27th rank in India’s top universities in the recently released NIRF Rankings 2023.
• Last year, Chandigarh University became the Youngest University to feature in the Top 200 QS Asia University Rankings 2023.

Government launches Mission Karmayogi, mid-career training programmes

• Union minister Jitendra Singh launched Mission Karmayogi and mid-career training program in New Delhi.
• Mission Karmayogi is a human resources management transformation initiative of the Government of India.
• The program will be implemented by the National e-Governance Division (NeGD) under the Ministry of Electronics and Information Technology (MeitY).
• The aim of these initiatives is to train officers and equip them to contribute to the development of Atmanirbhar Bharat (self-reliant India) by making optimal use of new technology.
• Mission Karmayogi is designed to provide world-class capacity-building opportunities to all government officials based on the key principle of “role-based” rather than “rule-based” and “competency-based” learning.
• The programme aims to enhance the efficiency and effectiveness of government servants in fulfilling their roles.

Startup20 Shikhar summit begins in Gurugram, Haryana

• The Startup20 Shikhar summit is being held in Gurugram, Haryana.
• The summit is being hosted by the Startup20 Engagement Group, which operates under the India G20 Presidency.
• The startup-20 strives to create a conducive business environment across G20 nations and assist sach talents from diverse background to commercialize, scale up and innovation further.
• During the summit, startup 20 communique was released, which urged G20 leaders to raise the joint investment in the global startup ecosystem to one trillion US dollar by 2030.
• Six hundred stakeholders from different countries are participating in the summit. Two hundred international delegates from Sixteen G20 nations and Six invitees nation are participating in the summit.
• The Startup20 Shikhar Summit signifies India’s commitment to fostering an enabling environment for startups and reinforcing its position as a global leader in innovation and entrepreneurship.

G20 in News (Note – All Meetings are Under the Presidency of G20 by India)

• U20 Engagement Group of Mayoral Summit – Ahmedabad, Gujarat (7 – 8 July 2023)
• G-20 Labour Engagement Summit – Patna, Bihar (22 – 23 June 2023)
• G20 Agriculture Ministerial Meeting (AMM) – Hyderabad, Telangana (15 -17 June2023)
• Science-20 Meeting – Bhopal, Madhya Pradesh (16 -1 7 June 2023)
• Women 20 Summit – Mahabalipuram, Tamil Nadu (15 June 2023)

International News

IEP report 2023: Afghanistan least peaceful country in the world

• Afghanistan is the least peaceful country in the world for the fifth consecutive year, according to the ‘Global Peace Index 2022’ report released by the Institute for Economics and Peace (IEP).
• Yemen, Syria, Russia, and South Sudan are followed by Afghanistan in the Global Peace Index 2022 report. All these countries have remained among the ten least peaceful nations for the past three years, Tolo News reported.
• India stands at 126 ranks out of 163 countries in the Global Peace Index.
• While Iceland has most peaceful country followed by Denamrk, Ireland.

Recent index

• Global Competitiveness Index 2023: India ranked 40; topped by Denmark
• Global Liveability Index 2023 – Rank 1 Vienna, Austria; Cities from India (141 – New Delhi, 141 – Mumbai, 144 – Chennai, 147 – Ahmedabad, 148 Bengaluru)
• Global Gender Gap Index 2023: India ranked 127; topped by Iceland
• Hanke’s Annual Misery Index (HAMI) 2022: India ranked 103rd; Zimbabwe (1st); Switzerland (157th)
• World Press Freedom Index 2023: India ranked 161; topped by Norway

Banking and Financial

HDFC merger to create world’s fourth-largest bank by market capitalization

• The boards of directors of Housing Development Finance Corp Ltd (HDFC) and HDFC Bank have approved the merger between the two institutions creating the world’s fourth-biggest bank by market value.
• The merged entity will be the world’s fourth largest bank by market cap in the world — behind JPMorgan Chase, Industrial and Commercial Bank of China, and Bank of America.
• HDFC Bank announced in April last year that it will be acquiring its parent company Housing Development Finance Corporation, the largest home financing lender in India, in a $40 billion all-stock deal.
• The merger was carried out efficiently due to the “common culture” that both companies have, said Nilesh Shah, managing director at Kotak Mahindra Asset Management.
• HDFC shareholders will receive 42 shares of HDFC Bank for every 25 shares they own, and HDFC will cease operations on the Indian stock market on 13 July.
• The new entity now holds a market cap of approximately $172 billion, Rajan said, adding it will become India’s second most-valued company by market cap after Reliance Industries.

SBI launches ‘Transaction Banking Hubs’ for efficient solutions

• State Bank of India (SBI) has launched 34 Transaction Banking Hubs in the top 21 district centres across the country to provide customers with quick and efficient transaction banking solutions.
• Dinesh Khara, the chairman of the SBI, inaugurated the hubs, on the occasion of the 68th foundation day of the bank.
• India’s largest bank said its goal is to meet all customer needs and provide comprehensive solutions for their transaction, payment, and collection requirements under one roof.
• The newly launched hubs will be staffed by product specialists who will also assist business customers with their other financial service needs by leveraging the ‘Power of One’ within the SBI Group by enabling seamless connectivity with different business verticals and subsidiary companies.

About State Bank of India (SBI)  

• Founded – 1 July 1955
• Headquarters – Mumbai, Maharashtra
• Chairman – Dinesh Kumar Khara
• Imperial Bank of India was previous name of SBI.
• The presidency Banks of Bengal, Bombay and Madras with merged in 1921 to Imperial Bank of India.
• Tagline – (1) Pure Banking Nothing Else

(2) With you all the way

(3) A bank of the common man

(4) The banker to every Indian

(5) The Nation banks on us

Appointment and Resignation

Aditi Tatkare becomes first woman minister in Eknath Shinde govt

• Aditi Tatkare has become the first woman minister in the new government led by Eknath Shinde.
• She was sworn in as the Minister of State for Water Resources and Medical Education on July 3, 2023.
• Previously serving as a minister of state in the MVA (Maha Vikas Aghadi) government from 2019 to 2022, she successfully handled various portfolios, including tourism and industries, contributing to the state’s development.
• Tatkare is a member of the Nationalist Congress Party (NCP) and has been a member of the Maharashtra Legislative Assembly since 2009.
• Aditi is the daughter of former Maharashtra CM Sushilkumar Shinde.

Awards

An elephant image shot has emerged the winner at Drone Photo Awards

• A photo of an elephant taken at the Anamalai Tiger Reserve (ATR) in Tamil Nadu has emerged as the winner of the Siena Drone Photo Awards 2023
• The photo was taken by wildlife photographer, Mathanraj S and will receive a cash prize of $10,000.
• The photo shows a herd of elephants crossing a river in the reserve.
• The photo was chosen as the winner by a panel of judges from around the world.

What is Siena Drone Photo Awards?

• It is the most important worldwide competition in aerial photography and video.
• It’s a project of Siena Awards, dedicated to a different photographic genre deliberately separated from being compared to traditional photography.
• The competition is open to aerial photography and videos whose platforms also include fixed-wing aircraft, helicopters, unmanned aerial vehicles, balloons, blimps and dirigibles, rockets, kites, and parachutes.

Recent Awards

• PEN Pinter Prize 2023 – Michael Rosen
• Points of Light Award 2023 by British PM – Rajindar Singh Dhatt
• 1st Kala Kranti Lifetime Achievement Award – Pt P. D. Baul
• Indian Medical Association (IMA) Award – Dr K Venugopal
• Sahitya Akademi Bal Sahitya Puraskar 2023 – Priya A S (for Perumazhayathe Kunjithalukal)

Defence

Defence ministry inks a Rs 2725 cr deal with MDL for INS Shankush

• The Ministry of Defence (MoD) has sealed an agreement worth Rs 2,725 crore with Mazagon Dock Shipbuilders Limited (MDL) for the refurbishment and life certification of INS Shankush, a formidable submarine from the Indian Navy’s sub-surface killer (SSK) class.
• The project, known as Medium Refit with Life Certification (MRLC), aims to upgrade the submarine’s combat capabilities.
• The INS Shankush submarine is projected to be combat-ready and integrated into the active fleet of the Indian Navy after the completion of MRLC.
• The upgraded vessel is scheduled for delivery in 2026, equipped with enhanced combat capabilities.

Sports

BCCI announces Dream11 as new lead sponsor for Team India

• The Board of Control for Cricket in India (BCCI) signed a three-year sponsorship deal with fantasy sports gaming platform Dream 11.
• The fantasy gaming platform Dream11 has replaced the ed-tech platform Byju as the next lead sponsor for Team India.
• The change in lead sponsor comes ahead of crucial Test series against West Indies which will be the first task for Team India in the ICC World Test Championship 2023-25 cycle.
• Back in 2019, Byju’s replaced Oppo as the sponsor of the national team and signed a deal for three years until 2022.
• The learning app extended its contract until 2023 before being replaced by Dream 11, one of the most popular fantasy platforms around the world.

About Board of Control for Cricket in India (BCCI)

• Founded – 1928
• Headquarters – Wankhede Stadium
• 1st President – R E Grant Govan
• 39th President – Roger Binny (12 oct)
• Vice president – Rajeev Shukla
• Secretary – Jay Shah
• Men’s coach – Rahul Dravid
• Women’s coach – Ramesh Powar

Max Verstappen wins Austrian GP 2023

• Red Bull driver, Max Verstappen has won the Formula One Austrian Grand Prix 2023.
• This win further solidified his pursuit of a third consecutive world title.
• Charles Leclerc, the previous year’s winner at this circuit, finished in second place, crossing the finish line 5.2 seconds after Verstappen.
• Meanwhile, Sergio Perez secured the third position, finishing 17.2 seconds behind the leader.

Recent Grand Prix Winner

• Canadian Grand Prix 2023 – Red Bull’s Max Verstappen (Netherlands)
• Spanish Grand Prix 2023 – Red Bull’s Max Verstappen (Netherlands)
• Monaco Grand Prix 2023 – Red Bull’s Max Verstappen (Netherlands)
• Miami Grand Prix 2023 – Red Bull’s Max Verstappen (Netherlands)
• Australian Grand Prix 2023 – Red Bull’s Max Verstappen (Netherlands)
• Bahrain Grand Prix 2023 – Red Bull’s Max Verstappen (Netherlands)
• Saudi Arabian Grand Prix 2023 – Red Bull’s Sergio Pérez (Mexico)
• Azerbaijan Grand Prix 2023 – Red Bull’s Sergio Pérez (Mexico)

West Indies fail to qualify for World Cup 2023 for first time

• West Indies cricket team failed to qualify for the Cricket World Cup 2023 for the first time in their history after losing to Scotland.
• West Indies won the first two editions of the men’s 50-over cricket World Cup in 1975 and 1979 and also the runners-up in 1983.
• In the World Cup Qualifiers, West Indies were grouped with Zimbabwe, Netherlands, USA, and Nepal in Group A. And as per the format, only the top three teams from each of the two groups made it to the Super Six stage, which West Indies succeeded too.
• But with the defeat to Scotland in Group B, the maximum West Indies can get to is four points, which is not sufficient for them to qualify for a World Cup ticket to India.
• Before this, West Indies managed to get 2019 ODI World Cup in England, via the World Cup Qualifiers. But, they did not qualify for the Super 12 stage of the 2022 T20 World Cup in Australia, as they won just one against Zimbabwe and lost two to Scotland and Ireland in their group matches.

Important day

4 July – USA Independence Day

• The United States celebrated the 247th anniversary of its independence on 4th July.
• The Star-Spangled Banner, the national anthem of the United States is sung during various events to mark the historic day.
• According to the Library of Congress, on July 4, 1776, the Declaration of Independence was officially adopted by the Second Continental Congress, signifying the colonies’ decision to break away from the Kingdom of Great Britain.
• After the War of 1812 between the United States and Great Britain, the tradition of celebrating patriotism on July 4 became more widespread. In 1870, the U.S. Congress established July 4 as a federal holiday, and in 1941, it was expanded to grant federal employees a paid holiday.

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