11 July 2022 : Latest Current Affairs 11th July
Important Current Affairs 11th July 2022
In this article, we will discuss all the Current Affairs of 11th July about national, international, banking, finance, sports, awards, and many others. So if you are interested to know about the latest 11th July 2022 current affairs then read this article till the end.
Current Affairs of 11th July – National News
1. UP becomes the first state to have 13 expressways in the nation.
◉ The nation’s first state to have 13 expressways is Uttar Pradesh.
◉ Six of the total 13 are in use, with the remaining nine being built. (A distance of 3,200 kilometers overall)
◉ On July 16, Prime Minister Narendra Modi will officially open the 296-kilometer Bundelkhand Expressway, establishing a direct link between Bundelkhand and Delhi.
2. Meghalaya will spend $300 million on early education initiatives.
◉ Conrad K. Sangma, the chief minister of Meghalaya, declared that the government has set aside Rs 300 crore from projects receiving outside assistance for investments in early childhood education programs.
◉ The DERT’s construction is thought to have cost a total of Rs 8.33 crore.
◉ The government has developed a plan for investing in early childhood education initiatives.
3. In Varanasi, PM Modi opened the Akshaya Patra Mid-Day Meal Kitchen.
◉ In Varanasi, Uttar Pradesh, the Akshaya Patra mid-day meal kitchen has been opened by Prime Minister Narendra Modi.
◉ The kitchen will provide food for over one lakh children in an effort to prevent them from missing out on an education due to poverty. It is run by the Akshaya Patra Foundation (APF), which also oversees one of the largest school feeding programs in the world in partnership with the government’s Pradhan Mantri Poshan Shakti Nirman (PM POSHAN) program.
◉ The APF will be able to feed nearly 1 lakh students in 282 Varanasi schools thanks to its centralized kitchen. It is the fifth kitchen in Uttar Pradesh and Akshaya Patra’s 62nd overall.
4. Launch of the IS4OM for Safe & Sustainable Space Environment by Union Minister Jitendra Singh
◉ India has improved its capacity to safeguard its space assets independently with the aid of the ISRO System for Safe and Sustainable Space Operation and Management (IS4OM).
◉ In the presence of Dr. Jitendra Singh, Minister of Science and Technology, Earth Sciences, Mr. S Somanath, Secretary of the Department of Space, and Mr. Somanath, Chairman of the Indian Space Research Organization, will formally launch the IS4OM.
◉ According to ISRO (Indian Space Research Organisation), the IS40M system was built with a complete approach to ensure the safety and sustainability of the space environment while enjoying the advantages of sustainable use of space for national development.
5. The Yuva Sammelan, held by “My Home India,” is attended by the president of India.
◉ The President of India, Ram Nath Kovind, attended the Yuva Sammelan, which was held in New Delhi and hosted by “My Home India.” Speaking at the occasion, the President stressed that the young are a nation’s present and future. Their abilities clearly contribute to a nation’s advancement.
◉ It follows that today’s youngsters will contribute to the history of tomorrow. The President claims that India has the highest population of youth and adolescents worldwide. The “Demographic Dividend,” a phenomenon, gives a chance to our country.
International News
6. PM of Sri Lanka Ranil Wickremesinghe makes resignation announcement
◉ An all-party government will now lead Sri Lanka after Ranil Wickremesinghe resigned as prime minister. After an all-party government is formed and a majority in Parliament is attained, he will step down.
◉ Up until then, Wickremesinghe will remain in office as prime minister. In the meantime, President Rajapaksa was asked to step down immediately by 16 members of his own Sri Lanka Podujana Peramuna (SLPP) party in a letter in order to allow room for a leader who could command a majority in Parliament to govern the nation.
Banking
7. An agreement was made by Axis Bank and the Indian Air Force to handle salary accounts.
◉ Axis Bank, a private sector lender, and the Indian Air Force (IAF) has inked a memorandum of understanding to administer the defense personnel’s wage accounts.
◉ For defense personnel, the business has offered to include best-in-class bonuses and features as part of its “Power Salute” effort.
Benefits included with the paid account provided by Axis Bank include personal accidental coverage of up to Rs. 56 lakh, a benefit for total and permanent disability of Rs. 46 lakh, and a cover for air accidents of Rs. 1 crore, among others.
8. RBI fined Federal Bank and Bank of India for violating regulatory requirements
◉ The Reserve Bank of India (RBI) fined Federal Bank Rs. 5.72 crore due to regulatory compliance issues. Strict penalties apply for violations of the Reserve Bank of India (RBI) (financial services provided by banks) Directions, 2016.
◉ Federal Bank failed to ensure that any of its employees receiving incentives for the corporate agency or insurance broking services were not paid by the insurance firm (cash or non-monetary).
◉ On the back of a 2.72 percent increase in total revenue to Rs 3948.24 crore, the private lender’s standalone net profit climbed by 13.13 percent to Rs 540.54 crore in Q4 FY22 over Q4 FY21.
Appointment
9. As the new Deputy Election Commissioner, RK Gupta
◉ senior official A directive from the Personnel Ministry named R K Gupta as the deputy election commissioner.
◉ He will take T Srikanth’s post.
Defence
10. The first-ever AI exhibition was opened in New Delhi by Union Minister Rajnath Singh.
◉ The Department of Defense Production, Ministry of Defense, conducted the first-ever “Artificial Intelligence in Defence” (AIDef) conference and exhibition, which was opened by Defense Minister Rajnath Singh at Vigyan Bhawan in New Delhi.
◉ Azam Ka Amrit Mahotsav, a major celebration honoring the country’s 75th anniversary of independence, saw the launch of 75 newly created AI products and technologies with the potential for use in the defence sector. This event also served to highlight the “Aatmanirbharta” project.
Sports
11. Charles Leclerc of Ferrari won the 2022 Austrian Grand Prix.
◉ World champion Max Verstappen was beaten by Ferrari’s Charles Leclerc to win the Austrian Grand Prix in 2022.
◉ The podium was completed for the third consecutive race by Red Bull’s Max Verstappen, who had to settle for second, and Mercedes’ seven-time world champion Lewis Hamilton, who started seventh.
◉ Leclerc has reduced Verstappen’s lead in the drivers’ championship standings to 38 points with his maiden Formula One victory despite not qualifying on pole.
12. Novak Djokovic won his eighth championship at Wimbledon in 2022.
◉ Serbia Novak Djokovic defeated Nick Kyrgios in a four-set thriller to win his eighth Wimbledon men’s title and 21st Grand Slam title.
◉ In his maiden Major final, Kyrgios gave it his all to take on the more seasoned opponent, but he could only win one set, helping Djokovic advance to his 21st Major victory.
Important day
13. World Population Day 2022 will be observed on July 11.
◉ Every year on July 11, World Population Day is marked to increase public awareness of population-related concerns worldwide.
◉ This day’s main goal is to increase public awareness of all the detrimental effects population growth has had on the steady advancement of nature.
◉ Around the world, events are held to commemorate this day, including workshops, debates, public contests, slogan competitions, lectures, and educational sessions.
◉ “A world of 8 billion: Towards a resilient future for all – Harnessing opportunities and safeguarding rights and choices for all” is the topic for this year.
14. 2022: July 10 is National Fish Farmers’ Day
◉ Every year on July 10th, National Fish Farmers Day is observed to show support for all fishermen, fish farmers, and other interested parties across the nation. The 65th National Fish Farmers Day is being observed nationwide.
◉ The National Fish Farmers Day was virtually observed at the National Fisheries Development Board (NFDB) in Hyderabad by the Indian Ministry of Fisheries, Animal Husbandry, and Dairy.
Obituary
15. As the “Father of Indian Internet,” BK Death occurs to Syngal.
◉ After a protracted illness, Brijendra K Syngal, a former chairman of Videsh Sanchar Nigam Ltd (VSNL), passed dead. He was 82. Syngal, who is credited with founding the Indian Internet, was well-known for his outspoken opinions and his willingness to challenge authority figures.
◉ He served as the Chairman of VSNL and was unofficially referred to as the “bulldozer” because of his capacity to overcome administrative roadblocks. As a result, VSNL expanded from a $125 million business in 1991 to a $1.65 billion communications giant by 1998.
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