Current Affairs – July 07-08, 2019

Here’s your daily summary of Current Affairs – July 07-08, 2019

National - Current Affairs - July 07-08, 2019

Jaipur gets UNESCO World Heritage tag

1c 5 - Current Affairs - July 07-08, 2019
The walled city of Jaipur, known for its iconic architectural legacy and vibrant culture, made its entry into the UNESCO World Heritage Site list on July 06, becoming the second city of the country after Ahmedabad to get the recognition. The decision was taken at the 43rd Session of the UNESCO World Heritage Committee (WHC) in the historic city of Baku, Azerbaijan, from June 30-July 10.
The committee examined the nomination of Jaipur that was supported by a majority of the countries for its inclusion on the list. “Just inscribed as @UNESCO #WorldHeritage Site: Jaipur City in Rajasthan, #India. Bravo”,” UNESCO tweeted.


YSR ‘Rythu Bharosa’ scheme to be extended to tenant farmers

2c 6 - Current Affairs - July 07-08, 2019
The newly-constituted Andhra Pradesh Agriculture Mission decided to extend ‘YSR Rythu Bharosa’, an input assistance scheme, to tenant farmers as well. Under Rythu Bharosa, each farmer would be given an annual grant of Rs 12,500 to meet input costs. The proposed amendments to the Act would not affect the landowners. The state government would organize Farmers’ Day on July 8 to mark the birth anniversary of late Chief Minister Y S Rajasekhara Reddy.


India’s first highway corridors for e-vehicles expected by March 2020

3c 5 - Current Affairs - July 07-08, 2019
India’s first highway corridors with charging stations for electric vehicles are expected to come up along the Delhi-Jaipur and Delhi-Agra highways by 2020. The combined stretch of the corridors on the Yamuna Expressway between Delhi and Agra) and the National Highway 48 (between Delhi and Jaipur) will be 500 km, and 18 charging stations will be set up near toll plazas on the two routes.


Hong Kong Approves over $9 Million for Rehabilitation Work in Cyclone-hit Odisha

4c 6 - Current Affairs - July 07-08, 2019
The Hong Kong government has approved over USD 900,000 for relief and rehabilitation work in cyclone-hit Odisha that could benefit around 45,100 victims. ‘Very severe cyclonic storm’ Fani battered Odisha in May and killed 64 people and damaged more than five lakh dwelling units in the state’s coastal districts.
Three grants totaling 7.032 million Hong Kong dollars (about USD 902,278) from Hong Kong’s Disaster Relief Fund to three agencies have been approved for the cyclone victims in Odisha. The grants will benefit around 45,100 cyclone victims and will be used to provide hygiene kits, kitchen kits, water, education, household items, and shelter kits.


Business - Current Affairs - July 07-08, 2019

SEBI’s 75 percent cash surplus to go to the government

5c 6 - Current Affairs - July 07-08, 2019
The Securities and Exchange Board of India will now have to transfer 75 percent of its surplus from the general fund every year to the Consolidated Fund of India that is managed by the Central Government. An announcement to this effect was made in the Budget via a proposed amendment to SEBI Act 1992.
SEBI has a surplus of Rs. 3,170 crore as per its 2017 balance sheet, which is the latest available in public domain. The surplus could go up by several hundred crore rupees once its 2018 balance sheet is out. The Budget has proposed that SEBI should constitute a reserve fund and 25 percent of the annual surplus of the general fund should be credited to this reserve fund.


RBI gets the power to regulate housing finance companies instead of NHB

6c 6 - Current Affairs - July 07-08, 2019
The government has taken away the powers of the National Housing Bank (NHB) to regulate housing finance companies (HFCs) and handed them to the Reserve Bank of India (RBI). The Reserve Bank of India (RBI) Act will be amended to give the RBI powers to regulate the HFC sector. NHB was part of the RBI till April this year when the government decided to take it over.


Appointments 330 x 70 - Current Affairs - July 07-08, 2019

EU leaders pick Germany’s Ursula von der Leyen to lead European Commission

7c 4 - Current Affairs - July 07-08, 2019
The European Council proposed German Defense Minister Ursula von der Leyen to become European Commission president, European Council President Donald Tusk said. She will be replacing Jean-Claude Juncker. Von der Leyen, a member of German Chancellor Angela Merkel’s conservatives (CDU/CSU), would be the first female Commission president if confirmed by the European Parliament. Her nomination needs an absolute majority of the chamber’s 751 members to be ratified.


Rajni Saraf appointed Chief Financial Officer J&K Bank

8c 6 - Current Affairs - July 07-08, 2019
Jammu and Kashmir Bank (J&K) on July 06th appointed Rajni Saraf as its chief financial officer as part of its succession planning. Pursuant to Regulation 30 of Sebi (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Bank has appointed Mrs. Rajni Saraf as the chief financial officer of the bank.
She currently heads the Supervision and Control Division of the bank and will now oversee its financial operations that include investments, capital structure, income and expenses of the bank.


Sports - Current Affairs - July 07-08, 2019

FIFA Women’s World Cup: the United States defeat the Netherlands, lift the title

9c 6 - Current Affairs - July 07-08, 2019
United States trounced the Netherlands by 2-0 in the final of the FIFA Women’s World Cup to lift the title at the Parc Olympique Lyonnais on Sunday(July 07). This is the fourth time when the United States clinched the World Cup. Before the 2019 triumph, United States won the title in 1991, 1999 and 2015.
The game witnessed a goal-less first half as both restricted each other from scoring. However, the United States came out all guns blazing in the second half as they scored two goals in the second half.


Elavenil Clinches India’s First Medal At World University Games 2019

10c 3 - Current Affairs - July 07-08, 2019
India’s 10m rifle shooting prodigy Elavenil Valarivan bagged a silver — the first medal for India — at the 10m Air Rifle Women’s event of the Napoli World University Games, 2019. The 19-year-old junior shooter shot a score of 249.0, behind Czech Republic’s Lucie Brazdova who clinched gold, shooting 250.3, while Chinese Taipei’s LIN Ying-Shin brought home bronze with 225.2.


Vinesh Phogat, Divya Kakran win gold, Pooja clinches silver at Grand Prix of Spain

11c 5 - Current Affairs - July 07-08, 2019
Putting up a dominating show, India’s top wrestler Vinesh Phogat won her first gold medal after shifting to the 53kg category while Divya Kakran claimed the top honors in the 68kg category in Madrid at the Grand Prix of Spain. Vinesh, one of India’s medal hopefuls at the 2020 Tokyo Games, was competing only in her third tournament in the new category.


International - Current Affairs - July 07-08, 2019

International Day of Cooperatives: 06 July

12c 6 - Current Affairs - July 07-08, 2019
The International Day of Cooperatives is an annual celebration of the cooperative movement that takes place on the first Saturday of July since 1923. Since 1995, the United Nations and the International Cooperative Alliance have been setting the theme for the celebration of #CoopsDay through the Committee for the Promotion and Advancement of Cooperatives (COPAC), a multi-stakeholder partnership of global public and private institutions that champions and supports people-centred and self-sustaining cooperative enterprises as leaders in sustainable development. The International Cooperative Alliance is a founding member.
2019 theme: Coops 4 decent work.


World’s first floating farm in operation in Rotterdam

13c 4 - Current Affairs - July 07-08, 2019
The world’s first ever floating farm has been built in Rotterdam in the Netherlands. The aim of the initiative, said designer Peter Van Wingerden, was to shorten the distance between the production and consumption of food. With the majority of the world’s population now living in urban areas, the demand for fresh food in cities is on the rise.
This, combined with the farm’s vast array of solar panels, makes the floating project an eco-friendly alternative to current farming methods. The farm has also been designed to desalinate seawater. The buoyant structure is starting small, currently hosting just 32 dairy cows.


Download - Current Affairs - July 07-08, 2019

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