Daily Current Affairs 24th July, 2023

Daily Current Affairs 24th July 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 24th July 2023. It includes all Major National, International, Business and Sports related current affairs of 24th July 2023. 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 24th July 2023 Current affairs test.

National Developments:

1. Retirement Benefits Changes for IAS, IPS, and IFOS Pensioners:

The central government has revised the retirement benefit regulations for Indian Administrative Service, Indian Police Service, and Indian Forest Service officers.
The changes grant the central government the discretion to penalize pensioners by either withholding or removing their pension, even without state government’s intervention, especially if they’re implicated in serious misconduct or crimes, notably those under the Official Secrets Act.

2. Rajya Sabha’s Historic Nomination:

The Rajya Sabha’s Chairman, Jagdeep Dhankar, has designated four female MPs as vice-chairpersons. PT Usha, Phangnon Konyak, Fauziya Khan of the NCP, and Sulata Deo from the Biju Janta Dal are among those nominated.
This marks a significant moment, ensuring equal gender representation in the vice-chairpersons panel.

3. Cinematograph Amendment Bill 2023:

Addressing the substantial loss (around Rs. 18k crore in 2019) faced by the Indian film industry due to piracy, a new bill proposing modifications to the Cinematograph Bill 1952 has been presented in the Rajya Sabha.

Global Developments:

4. India’s Non-Basmati White Rice Export Ban:

To stabilize domestic prices, India, a major rice exporter, has restricted non-basmati white rice exports.
Exceptions will be made for nations that require it for food security, provided their government’s approval is obtained.

5. Commemorating Indian Army in WWII:

A memorial named “V.C Yeshwant Ghadge Sundial Memorial” was unveiled in Montone, Perugia, Italy.
The memorial honors the contributions of Indian soldiers, particularly Naik Yeshwant Ghadge, a Victoria Cross awardee, during WWII.

6. Historic Nomination in the US Navy:

Admiral Lisa Franchetti, nominated by US President Joe Biden, may become the first woman to lead the US Navy and could potentially join the Joint Chiefs of Staff.

State Updates:

7. Odisha’s Mission Shakti Scooter Yojana:

Chief Minister Naveen Patnaik has approved a program to assist in the purchase of scooters through bank loans, targeting Mission Shakti Federation Leaders and CSS.

8. Agricultural Protection in Uttar Pradesh:

The state’s Agriculture Department is introducing the Mukhya Mantri Khet Suraksha Yojana, involving the setup of a solar-safe fence to protect crops from animals.

9. A Milestone for Naveen Patnaik:

Surpassing Jyoti Basu’s record, Naveen Patnaik is now recognized as the second-longest-serving Chief Minister in India.

Defence Updates:

10. INS Kirpan’s Transfer to Vietnam:

In a significant defense collaboration gesture, the decommissioned INS Kirpan was handed over to the Vietnam People’s Navy.

Banking Sector:

12. Sberbank’s Expansion to Bengaluru:

Russia’s Sberbank has secured the RBI’s approval to establish a prominent IT unit in Bengaluru, which will enhance its data processing capabilities.

13. Algeria’s BRICS Bid:

Algeria has expressed interest in joining the BRICS nations and proposes to contribute $1.5 billion to the group bank.

14. Green Bonds in Pension Funds:

PFRDA has permitted pension funds to invest in Sovereign Green Bonds, thereby supporting environmental projects.

Significant Dates:

15. National Parents’ Day 2023:

Scheduled for July 23, this day celebrates the invaluable role of parents, a tradition since 1994.

16. World Drowning Prevention Day 2023:

Recognized on July 25, the day is dedicated to highlighting the tragic outcomes of drowning, especially among young children.

Official Appointments:

17. New CEO for NOIDA:

Lokesh M has assumed the position of the CEO of Noida Authority, with a focus on industrial growth and enhanced public hearings as his primary objectives.

Sports Highlights:

20. Hungarian GP Victory: