Daily Current Affairs: July 10, 2021

Daily Current Affairs (July 10, 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.

Also, Don’t forget to attend the Daily Current Affairs Quiz – July 10, 2021, now @ our Bankersdaily Tests.

SUBSCRIBE to Race Youtube Channel for CA QUIZ LIVE Sessions

Check: Previous – Daily Current Affairs – Banking Exam

Important Days

National Fish Farmers Day 2021 – 10 July

• The National Fisheries Development Board celebrated the National Fish Farmers Day virtually on 10 July 2021.
• This annual event is celebrated to commemorate the contribution of Professor Hiralal Chaudhury and his colleague Alikunhi for achieving the successful induced breeding of major carps on 10 July 1957 at Angul in Odisha for the first time in India.

International News

Union Cabinet approves the MoC between the Competition Commission of India and Japan Fair Trade Commission

• The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Memorandum on Cooperation (MoC) between the Competition Commission of India (CCI) and Japan Fair Trade Commission (JFTC) to promote and strengthen cooperation in the matter of competition law and policy.
• This MoC will enable the CCI to emulate and learn from the experiences and lessons of its counterpart competition agency in Japan which would enhance efficiency.

Japan

• Capital: Tokyo
• Currency: Japanese Yen
• Prime minister: Yoshihide Suga

Banking and Economy

Tata Motors partners with IndusInd Bank to offer finance solutions for its passenger vehicles customers

• Tata Motors has partnered with IndusInd Bank to offer finance solutions for its passenger vehicle customers.
• Under this partnership, the auto major (Tata Motors) will provide the ‘Step Up’ scheme where the customers can choose and buy from its range of passenger cars in India, with a special low EMI options scheme for the first 3–6 months.

IndusInd Bank

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

Bank of Baroda signs an MoU with Software Technology Parks of India (STPI) for start-up funding

• Bank of Baroda (BoB) has signed a memorandum of understanding (MoU) with Software Technology Parks of India (STPI) and AIC STPINEXT Initiatives to support start-ups across India under its Baroda Start-up Banking programme.
• Under this programme, 15 dedicated start-up branches are operational across the major start-up hubs, viz. Gurugram, Delhi, Noida, Bengaluru, Chennai, Mumbai, Jaipur, Ahmedabad, Pune, Hyderabad, Chandigarh, Lucknow, Kolkata, Indore and Kochi.

Bank of Baroda (BOB)

• Headquarters: Baroda (Vadodara), Gujarat
• MD & CEO: Sanjiv Chadha
• Chairman:  Hasmukh Adhia
• Tagline: “India’s International Bank”

Mastercard, Mumbai Metro and Axis Bank launch ‘One Mumbai Metro Card’ to ensure a seamless commute for Mumbai people

• Mastercard, Mumbai Metro and Axis Bank have announced the launch of ‘One Mumbai Metro Card’, to ensure contactless and cashless travel for Mumbai people.
• It is a prepaid, open-loop contactless card that can be used as a part of the daily transit journey with just a tap. This card can be used for all daily purchases from food, groceries, medicines as well as tickets.

Axis Bank

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

NIIT IFBI has partnered with Axis Bank to launch a digital banking academy

• NIIT Institute of Finance Banking and Insurance (NIIT IFBI) – a subsidiary of NIIT Limited, has partnered with Axis Bank to launch a FinTech Professional Programme under the ‘Axis Bank – NIIT Digital Banking Academy’. The course is designed to build future-ready FinTech professionals for Axis Bank.
• The programme offers graduates with zero to three years of experience with an opportunity to join Axis Bank as a Deputy Manager (IT).

Axis Bank

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

Science and Technology

Bharat Dynamics Limited signs an Rs. 499 crore deal with the Union Ministry of Defense for the supply of Akash Missiles to IAF

• Bharat Dynamics Limited (BDL) has signed an 499 crore deal with the Union Ministry of Defence for the manufacture and supply of Akash Missiles to the Indian Air Force (IAF).
• Akash is a medium-range mobile surface-to-air missile (SAM) system being developed under India’s Integrated Guided Missile Development Programme (IGMDP).

Appointments

Shyam Srinivasan was re-appointed as the MD & CEO of Federal Bank for 3 years

• Federal Bank has received approval from the Reserve Bank of India (RBI) to re-appoint Shyam Srinivasan as its Managing Director (MD) and Chief Executive Officer (CEO) for three years.
• Shyam Srinivasan had joined Federal Bank with the experience of over 20 years with leading multinational banks in India, the Middle East and Southeast Asia.

Federal Bank

• Headquarters: Aluva, Kerala
• MD & CEO: Shyam Srinivasan
• Tagline: “Your Perfect Banking Partner”

West Indies Cricketer Daren Sammy was named as the brand ambassador of Fun88

• Global sporting platform, Fun88, has signed two-time T20 World Cup-winning team West Indies captain Daren Sammy as its brand ambassador.
• He will feature in the series of Fun88’s brand films targeting sports fans in India.

Awards and Recognitions

Omchery NN Pillai won the 2021 BKS Literary Award

• Journalist and playwright Omchery NN Pillai was selected for the Bahrain Keraleeya Samajam (BKS)’s Literary Award for 2021. The award constitutes a cash prize of 50,000 and a citation acknowledging the achievement of the winner.
• As a playwright, he contributed to many works, including Thevarude Aana and Pralayam, to modern Malayalam theatre.

Books and Authors

A new book titled “The Light of Asia: The Poem that Defined the Buddha” was authored by Jairam Ramesh

• Author Jairam Ramesh’s new book is titled “The Light of Asia: The Poem that Defined the Buddha”. This book was published by Penguin India House.

A new book titled “The Art of Conjuring Alternate Realities: How Information Warfare Shapes Your World” is set to be released in August 2021

• A new book titled “The Art of Conjuring Alternate Realities: How Information Warfare Shapes Your World” was authored by Anand Venkatanarayanan and Shivam Shankar Singh.
• This book will be published by Penguin India House on 2 August 2021.

Sports News

Manu Sawhney resigns as the CEO of ICC

• Manu Sawhney resigned as the Chief Executive Officer (CEO) of the International Cricket Council (ICC). Geoff Allardice will continue as the acting CEO of the ICC Board.
• Manu Sawhney is the former CEO of Singapore Sports Hub and also served as the Managing Director of ESPN Star Sports, a company he worked with for 17 years.

International Cricket Council (ICC)

• Headquarters: Dubai, United Arab Emirates (UAE)
• Chairman: Greg Barclay
• Motto: “Cricket for Good”

Daily CA July 10 One-liner:

Can you score 20/20 in Today’s Current Affairs Quiz? Attempt the Current Affairs Quiz of  July 10, 2021, now from the link given below.