Daily Current Affairs: July 01, 2021

Daily Current Affairs (July 01, 2021) like many other sections is inevitable and this also helps to score in the Banking awareness, Static GK, and Financial Awareness sections. Remember, Banking Awareness, and Static Awareness Questions are asked from the General Awareness section. This will also help you to ride your preparations for the forthcoming exams.

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Important Days

National Chartered Accountant Day – 1 July

• National Chartered Accountant Day is observed annually on 1 July. This day is observed to commemorate the formation of the Institute of Chartered Accountants of India (ICAI) on 1 July 1949.
• ICAI is the sole licensing and regulatory body for the financial audit and accounting profession in India.

National Doctors’ Day – 1 July

• National Doctors’ Day is celebrated annually in India on 1 July. This day marks the birth and death anniversary of the renowned physician and former Chief Minister of West Bengal Bidhan Chandra Roy, who was born on 1 July 1882 and passed away on the same date on 1 July 1962.

National Postal Worker Day

• National Postal Worker Day is observed annually in India on 1 July. This day encourages us to show our appreciation and recognises postal workers all across India.

National News

JSCA inks a lease agreement with SAIL BSL for an international cricket stadium in Bokaro

• Jharkhand State Cricket Association (JSCA) signed a lease agreement with SAIL Bokaro Steel Plant (BSL) for the construction of Jharkhand’s third international cricket stadium in Bokaro.
• Bokaro will become the third city in Jharkhand after Jamshedpur and Ranchi to feature in the international cricket map once the stadium is ready.

Jharkhand

• Capital: Ranchi
• Chief Minister: Hemant Soren
• Governor: Draupadi Murmu

International News

Union Minister Prakash Javadekar inaugurates Asia’s longest high-speed track for automotive testing in Indore

• Union Minister of Heavy Industries and Public Enterprises Prakash Javadekar inaugurated Asia’s longest (11.3 km) high-speed track, “NATRAX” (National Automotive Test Tracks), for automotive testing in Indore, Madhya Pradesh.
• The NATRAX is also the fifth-largest high-speed track in the world. It has been designed for neutral speeds up to 250 kmph and a maximum speed of up to 375 kmph on curbs.

Madhya Pradesh      

• Capital: Bhopal
• Chief Minister: Shivraj Singh Chauhan
• Governor: Anandiben Patel (Additional Charge)

Indian Navy conducts a military exercise with the South Korean Navy in the East China Sea

• The Indian Navy carried out a military exercise with a South Korean Navy in the East China Sea.
• Indian Navy’s indigenous ASW Corvette INS Kiltan deployed in the Far East undertook Navy partnership exercise in the East China Sea with the Republic of Korea’s ship ROKS Gyeongnam.

South Korea

• Capital: Seoul
• Currency: South Korean Won
• Prime Minister: Chung Sye-Kyun
• President:  Moon Jae-In

World Bank approves a $500 million program to protect India’s informal sector workers

• The World Bank has approved a $500 million program named “Creating a Coordinated and Responsive Indian Social Protection System” (CCRISP) to support India’s large informal workforce and create greater flexibility for states to cope with the ongoing pandemic, future climate and disaster shocks.

World Bank

• Headquarters: Washington DC, United States
• President: David Malpass
• Founded: 1944

Haiti, Malta, Philippines and South Sudan were included in the FATF grey list

• Financial Action Task Force (FATF) has added four more countries in FATF grey list — Haiti, Malta, the Philippines and South Sudan to the list of ‘jurisdiction under increased monitoring’ for strategic deficiencies.
• The Philippines was removed from the blacklist of FATF in 2005.

Financial Action Task Force (FATF)

• Headquarters: Paris, France
• President: Marcus Pleyer

Banking and Economy

SBI celebrates its 66^th Foundation Day on 1 July 2021

• State Bank of India (SBI), the oldest commercial bank in India, is celebrated its 66^th year on 1 July 2021. SBI descends from the Bank of Calcutta, founded in 1806 through the Imperial Bank of India.
• The Bank of Madras was merged into the other two presidency banks, the Bank of Calcutta and the Bank of Bombay, to form the Imperial Bank of India, which in turn became the State Bank of India on this Day (1 July) in 1955.

State Bank of India (SBI)

• Headquarters: Mumbai, Maharashtra
• Chairman: Dinesh Kumar Khara
• Tagline: “The Banker to Every Indian”

Appointments

C Sylendra Babu was appointed as the new DGP of Tamil Nadu

• Senior IPS officer C Sylendra Babu was appointed as the new Director-General of Police (DGP) of Tamil Nadu. He succeeded JK Tripathy. He is a 1987 batch Indian Police Service officer (IPS).

Tamil Nadu                      

• Capital: Chennai
• Chief Minister: MK Stalin
• Governor: Banwarilal Purohit
• National Parks: Mukurthi National Park, Guindy National Park, Gulf of Mannar Marine National Park, Indira Gandhi (Annamalai) National Park, Mudumalai National Park

Senior IPS officer Mukul Goel was appointed as the new DGP of Uttar Pradesh

• Senior IPS officer Mukul Goel was appointed as the new Director-General of Police of Uttar Pradesh. He succeeded Hitesh Chandra Awasthy.
• Mukul Goel is a 1987 batch Indian Police Service officer (IPS). He is currently serving as the Additional Director-General of the Border Security Force (BSF) in Delhi.

Uttar Pradesh          

• Capital: Lucknow
• Chief Minister: Yogi Adityanath
• Governor: Anandiben Patel
• National Park: Dudhwa National Park (Tiger Reserve)
• Zoological Parks: Shaheed Ashfaq Ullah Khan Prani Udyan (Gorakhpur), Kanpur Zoological Park, Nawab Wajid Ali Shah Zoological Garden

Awards and Recognitions

Odia poet Rajendra Kishore Panda bags the 2020 Kuvempu Rashtriya Puraskar Award

• Odia poet Rajendra Kishore Panda was selected for the “2020 Kuvempu Rashtriya Puraskar Award”. The award is given annually to a writer who has contributed in any of the languages recognised by the Constitution of India.

Books and Authors

CJI Ramana releases a book titled “Anomalies in Law and Justice” authored by Justice RV Raveendran

• Chief Justice of India Justice NV Ramana released former Supreme Court Judge RV Raveendran’s book “Anomalies in Law and Justice”.

Rankings

India ranks 10^th in the Global Cybersecurity Index 2020: International Telecommunication Union Report

• According to the International Telecommunication Union (ITU) report, India ranked 10^th in the Global Cybersecurity Index (GCI) 2020.
• The US topped the index, followed by the UK and Saudi Arabia tied on the second Estonia was ranked third in the index.

India ranks 20^th in the 2021 Global Startup Ecosystem Index; US tops the Index

• According to the Startup Blink report, India has ranked 20^th among the top 100 countries in the 2021 Global Startup Ecosystem Index.
• The US topped the index, followed by the UK and Israel.

Obituary

Editor of ‘Sudharma’ Sanskrit daily KV Sampath Kumar passed away at 64

• KV Sampath Kumar, editor of the world’s only Sanskrit daily ‘Sudharma’ passed away at the age of 64. He, along with his wife Vidushi KS Jayalakshm, was awarded the Padma Shri in 2020 for their contribution to the field of Literature & Education.

Sports News

12-year-old Abhimanyu Mishra becomes the youngest Grandmaster in Chess history

• A 12-year-old Abhimanyu Mishra from New Jersey, US, scored his third Grandmaster norm in Budapest, Hungary. He defeated the 15-year-old Indian Grandmaster Leon Luke Mendonca.

Shafali Verma becomes the youngest Indian cricketer to play in all three formats

• Shafali Verma became the youngest Indian cricketer to make her debut in all three formats (Test Cricket, ODIs and T20) after she was named in the playing XI for the first ODI against England. She became the fifth-youngest cricketer overall in the list of all format debuts.
• Afghanistan’s Mujeeb Ur Rahman (17 years and 78 days) is the youngest cricketer to debut across all formats followed by Sarah Taylor (England) and Ellyse Perry (Australia).

Daily CA July 1 One-liner:

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