Daily Current Affairs: July 09, 2021

Daily Current Affairs (July 09, 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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National News

Amazon launches its first ‘Digital Kendra’ in Surat

• Amazon India has launched its first ‘Digital Kendra’ in Surat, Gujarat, under its initiative to digitise micro small and medium enterprises (MSMEs). Amazon will invest $1 billion in India to help digitise 10 million Indian MSMEs by 2025.
• Amazon Digital Kendras will provide MSMEs information about the benefits of e-commerce and help avail third-party services such as shipping and logistics support, cataloguing assistance, digital marketing services, GST and taxation support to start their digital journey.

Gujarat                    

• Capital: Gandhinagar
• Chief Minister: Vijay Rupani
• Governor: Acharya Devvrat
• National Parks: Blackbuck National Park, Vansda National Park, Gir Forest National Park, Marine (Gulf of Kachchh) National Park

Indian Army’s Gulmarg firing range was named the Vidya Balan firing range

• The Indian Army has named its Gulmarg firing range in Kashmir after Bollywood actress Vidya Balan. The Vidya Balan firing range is situated at Gulmarg in the Baramulla district of Jammu & Kashmir.

Jammu and Kashmir

• Capital: Srinagar (Summer), Jammu (Winter)
• Lt. Governor: Manoj Sinha
• National Parks: Hemis National Park, City Forest (Salim Ali) National Park, Dachigam National Park, Kishtwar National Park
• Wildlife Sanctuaries: Changthang Cold Desert Wildlife Sanctuary, Gulmarg Wildlife Sanctuary, Jasrota Wildlife Sanctuary, Baltal-Thajwas Wildlife Sanctuary, Karakoram (Nubra Shyok) Wildlife Sanctuary
• Lakes: Mansar Lake, Nagin Lake, Wular Lake, Surinsar Lake, Dal Lake

Union Government sets up 25-member Development Council for Cement Industry headed by Puneet Dalmia

• Union Government has set up a 25-member Development Council for Cement Industry (DCCI) under the Chairmanship of Puneet Dalmia, CMD of Dalmia Bharat Group.
• The panel will suggest ways to eliminate waste, obtain maximum production, improve quality, reduce costs and promote the standardisation of products.

Indian Railways opens its first movable freshwater tunnel aquarium at Bengaluru railway station

• Bengaluru City Railway Station (also known as Krantivira Sangolli Rayanna Railway Station) has become the first railway station in India with a movable freshwater tunnel aquarium.
• The 12-feet-long aquarium was opened by the Indian Railway Stations Development Corporation Limited (IRSDC) in collaboration with the HNi Aquatic Kingdom.

Karnataka        

• Capital: Bengaluru
• Chief Minister: BS Yeddyurappa
• Governor: Thaawarchand Gehlot
• National Park: Anshi National Park, Kudremukh National Park, Bandipur National Park, Bannerghatta National Park, Rajiv Gandhi (Nagarahole) National Park

Delhi Metro launches India’s first FASTag-based cashless parking at Kashmere Gate station

• The Delhi Metro Rail Corporation (DMRC) has launched India’s first FASTag or Unified Payments Interface (UPI) based parking facility to reduce the time for entry and payment. The facility was launched at the Kashmere Gate metro station, New Delhi.
• The parking lot in this metro station is a Multi-Model Integration (MMI) Vehicles using this facility can now make payment for entry and exit through FASTag.

New Delhi

• Chief Minister: Arvind Kejriwal
• Governor: Anil Baijal

Indian Army inaugurates a war memorial of Captain Gurjinder Singh Suri

• Indian Army has inaugurated a war memorial in memory of Captain Gurjinder Singh Suri in Gulmarg, Jammu & Kashmir, on the occasion of the birth anniversary of Captain Gurjinder Singh Suri, who died during the Operation “Birsa Munda” in 1999.

International News

World’s tallest sandcastle was built in Denmark

• The world’s tallest sandcastle was constructed in Denmark. The castle is 21.16 metres in height (69.4 feet) and comprises nearly 5,000 tonnes of sand.
• According to Guinness World Records, this castle in Denmark is 3 metres taller than one built in Germany in 2019, which previously held the title for the world’s tallest castle.

Denmark

• Capital: Copenhagen
• Currency: Danish krone

Stefan Lofven was re-elected as the Prime Minister of Sweden

• Stefan Lofven was re-elected as the Prime Minister of Sweden. He had quit as the Prime Minister of Sweden after losing a no-confidence vote on 21 June 2021.
• He won 117 votes from overall 349 votes to prove the majority. He has been serving as the Prime Minister of Sweden since 2014.

Sweden

• Capital: Stockholm
• Currency: Swedish krona
• Prime Minister: Stefan Löfven

Banking and Economy

Axis Bank signs an MoU with the Indian Army to offer defence service salary package under its “Power Salute” initiative

• India’s third-largest private lender Axis Bank has signed a Memorandum of Understanding (MoU) with the Indian Army to offer a defence service salary package with best-in-class benefits and features under its “Power Salute”
• This initiative will offer personal accidental cover of up to 56 lakhs to all army personnel; up to Rs. 8 lakhs additional education grant; total permanent disability cover benefit up to Rs. 46 lakhs; permanent partial disability cover of up to Rs. 46 lakhs; air accident cover of Rs. 1 crore and free additional debit card for a family member.

Axis Bank

• Headquarters: Mumbai
• MD & CEO: Amitabh Chaudhry
• Tagline: “Badhti Ka Naam Zindagi”

Easiloan launches India’s first AI-based home loan selection engine

• Easiloan Techno Solutions, a new-age FinTech start-up, has launched the “Easiloan Instant Match” application for home buyers. It is the housing finance industry’s first Artificial Intelligence (AI) technology-based selection and recommendation engine for home buyers.
• This application brings developers, direct selling agents (DSAs), customers, banks and NBFCs on a single platform for end-to-end digital processing of home loans.

IndusInd Bank partners with TPCODL to launch a fully digital payment network in Odisha

• IndusInd Bank has partnered with TP Central Odisha Distribution Limited (TPCODL), a joint venture between TATA Power and the Government of Odisha, to introduce a fully digital network for facilitating electricity bill payments across 300 semi-urban and rural regions in Odisha.

IndusInd Bank

• Headquarters: Pune, Maharashtra
• MD & CEO: Sumant Kathpalia
• Tagline: “We Make You Feel Richer”

SBI General Insurance launches ‘Arogya Supreme’ a comprehensive Health Insurance plan

• SBI General Insurance has announced the launch of a comprehensive health insurance plan named ‘Arogya Supreme’. This specific plan is designed to ensure that customers can have full health insurance coverage, including 20 basic covers and 8 optional covers.
• The policy provides a wide range of sum insured options up to 5 crores, wherein customers can choose from 3 options viz Pro, Plus and Premium based on the sum insured and coverage features.

SBI General Insurance:

• Headquarters: Mumbai, Maharashtra
• MD and CEO: Prakash Chandra Kandpal
• Tagline: “Suraksha Aur Bharosa Dono”

Max Bupa Health Insurance and Axis Bank entered into a bancassurance partnership

• Max Bupa Health Insurance has entered into a bancassurance partnership with Axis Bank to provide comprehensive health insurance solutions to Axis Bank’s employees and customers.
• This partnership will enable Axis Bank customers to benefit from products and their customisable variants across 4,500 plus branches to gain access to quality healthcare solutions through a range of health insurance products offered by Max Bupa.

Airtel Payments Bank launches ‘Pay to Contacts’ facility for UPI-based transactions

• Airtel Payments Bank has launched a new ‘Pay to Contacts’ This facility will allow customers to initiate a unified payments interface (UPI) payment by simply selecting the recipient’s mobile number from their phonebook.
• ‘Pay to Contacts’ displays the valid UPI ID associated with the selected contact, irrespective of the UPI app used by the receiver.

Airtel Payments Bank

• Headquarters: New Delhi
• CEO: Anubrata Biswas
• Founded: January 2017

Science and Technology

Sirisha Bandla becomes the second Indian-born woman to fly to space

• Sirisha Bandla became the second Indian-born woman to head to space as part of Richard Branson’s Virgin Galactic crew on Virgin Space Ship Unity. The 34-year-old Sirisha Bandla is from Andhra Pradesh.
• She is the second-ever Indian-born woman to fly into space, behind Kalpana Chawla, who went in 1997. 

Awards and Recognitions

Kanchan Ugursandi finishes the world’s 1st solo motorcycle expedition covering 18 passes of the Himalayas

• Mountain biker Kanchan Ugursandi finished the world’s first solo motorcycle expedition covering 18 treacherous passes of northern Himalayan Mountain ranges.
• She is the first woman to traverse a distance of 3,187 kilometres from New Delhi-Manali-Leh-Umlingla-Delhi in 25 days.

Sports News

Udayan Mane becomes the second Indian male golfer to qualify for the Tokyo Olympics 2020

• Leading Indian professional golfer Udayan Mane has qualified for the Tokyo Olympics 2020. The 30-year-old Mane joined Anirban Lahiri as the second Indian in the 60-player field in the men’s golf event at the Tokyo Olympics 2020.
• Aditi Ashok is the only woman Indian golfer to qualify in the women’s event for the Tokyo Olympics 2020.

Indian women cricketer Mithali Raj tops the ICC Women’s ODI Player Rankings for the 8^th time

• The Indian women’s Test and ODI skipper Mithali Raj (762 points) topped the ICC Women’s ODI player ranking list for the eighth time in her 22 year-long international career. She has scored a total of 10,277 runs in 317 matches.
• Lizelle Lee (758 points) from South Africa came at the second position and Alyssa Healy (756 points) from Australia came at the third position.

Daily CA July 9 One-liner:

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