Daily Current Affairs 11th July, 2024: Your guide for daily General Knowledge Preparation
Dear Readers,
This post contains important current affairs of 11th July, 2024. It includes all Major National, International, Business and Sports related current affairs of 11th July, 2024. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 11th July, 2024 Current affairs test.
States News
Uttar Pradesh Defence Corridor Boosts Industrial Growth
- The Uttar Pradesh government has successfully secured more than 154 defence manufacturing agreements worth a cumulative Rs 25,000 crore.
- This achievement is a significant step forward in enhancing India’s defence production capabilities.
- These initiatives are part of the Uttar Pradesh Defence Industrial Corridor (UPDIC), which covers the districts of Lucknow, Kanpur, Jhansi, Aligarh, Chitrakoot, and Agra.
International News
India-Taiwan Mutual Recognition Agreement for Organic Products
- The Mutual Recognition Agreement (MRA) for Organic Products between India and Taiwan, effective from July 8, 2024, aims to boost trade by permitting certified organic products from each nation to be accepted in the other’s market.
- The implementation agencies for this notable agreement are India’s Agricultural and Processed Food Products Export Development Authority (APEDA) and Taiwan’s Agriculture and Food Agency.
Appointments News
Rajat Sharma Elected as NBDA President
- Rajat Sharma, the renowned Chairman and Editor-in-Chief of India TV, has been unanimously elected as the President of the News Broadcasters & Digital Association (NBDA).
- This significant development in the Indian media landscape occurred during the NBDA’s board meeting on July 9, 2024, marking a new era for the organization.
Olympian PV Sindhu Joins Wellness Brand Hoop as Investor, Brand Ambassador
- Olympic medalist and badminton star PV Sindhu has ventured into the business arena by joining Hoop, a wellness brand based in Gurugram, as both an investor and brand ambassador.
- This new role highlights Sindhu’s expanding interests in entrepreneurship and brand development beyond her badminton career.
Lt Gen Shankar Narayan Takes Helm at Army Hospital (R & R)
- The Armed Forces Medical Services have seen a notable change in leadership with Lt Gen Shankar Narayan, NM, VSM, assuming the position of Commandant at the Army Hospital (Research & Referral), the premier hospital of the Indian Armed Forces.
- His appointment signifies a new chapter in the hospital’s prestigious history, promising fresh insights into military healthcare.
Banking News
Financial Inclusion Index Rises with Growth Across All Segments
- The Reserve Bank of India’s (RBI) Financial Inclusion Index (FI-Index), which assesses the level of financial inclusion across the nation, increased to 64.2 in March 2024 from 60.1 in March 2023.
- This rise indicates substantial growth across all sub-indices, reflecting a deeper financial inclusion.
PSU Banks Pay ₹6,481 Crore Dividend to Govt for FY 2023-24
- Four public sector banks—Canara Bank, Indian Bank, Bank of India, and EXIM Bank—have collectively paid a dividend of ₹6,481 crore to the government for the fiscal year 2023-24.
- Finance Minister Nirmala Sitharaman received the dividend cheques from the managing directors and CEOs of these banks.
Economy News
India’s Economic Growth Highlights, June 2024
- India’s economy showcased significant growth in June 2024, driven by robust performances in both manufacturing and services sectors.
- The Purchasing Managers’ Index (PMI) for manufacturing reached a 19-year high, supported by strong hiring activities.
- Additionally, the Eight Core Industries Index grew by 6.5% year-on-year in the early months of FY25, with notable contributions from sectors like coal and electricity.
Business News
ICICI Prudential Launches India’s First Oil & Gas ETF
- ICICI Prudential Mutual Fund has introduced a pioneering investment product by launching the ICICI Prudential Nifty Oil & Gas ETF, marking India’s first exchange-traded fund (ETF) specifically focused on the oil and gas sector.
- This fund is designed to follow the performance of the Nifty Oil & Gas TRI, an index representing the listed companies in this vital economic sector.
Science and Technology News
Europe’s Ariane 6 Rocket Launched After 4-Year Delay
- Europe’s new Ariane 6 rocket has successfully launched for the first time, restoring the continent’s independent access to space after numerous setbacks.
- Despite an initial one-hour delay due to a minor issue, the rocket took off from Kourou, French Guiana, successfully placing satellites into orbit.
- This launch marks a crucial milestone for European space efforts, following delays and the loss of independent launch capabilities.
Important Days
World Population Day 2024: Know Date, History and Theme
- As July 11th approaches, the world is set to observe World Population Day, an annual event established by the United Nations in 1989 to raise awareness about critical population issues.
- The theme for 2024, “Leave no one behind, count everyone,” emphasizes the importance of inclusive population dynamics and sustainable development.
National Fish Farmer’s Day Celebrated on July 10th
- Every year on July 10th, India celebrates National Fish Farmer’s Day to honor the significant contributions of fish farmers, aquaculture professionals, and stakeholders in the fisheries sector.
- This day acknowledges their efforts in sustaining a vibrant fishing industry, which is crucial for India’s economy and food security.
International Day of Reflection and Commemoration of the 1995 Genocide in Srebrenica
- In a move to highlight the lasting importance of the Srebrenica genocide, the UN General Assembly, through a resolution sponsored by Germany and Rwanda, designated July 11 as the International Day of Reflection and Commemoration of the 1995 Genocide in Srebrenica.
Miscellaneous News
UNESCO Expands World Network of Biosphere Reserves
- UNESCO has announced the designation of 11 new Biosphere Reserves across 11 countries, bringing the total number of sites in the World Network of Biosphere Reserves to 759, spanning 136 countries.
- This expansion is a significant step towards protecting biodiversity and promoting sustainable development globally.
