12 July 2023 : Latest Current Affairs 12th July
Important Current Affairs 12th July 2023
In this article, we will discuss all the Current Affairs of 12th July including national, international, banking, finance, sports, awards, and many others. So if you are interested to know about the latest 12th July 2023 current affairs then read this article till the end.
Current Affairs of 12th July – National News
1. India Literacy House in Lucknow will feature a museum for visitors.
◉ The India Literacy Board in Lucknow is planning to build a literacy museum on its property, also known as Literacy House.
◉ The board has also asked the state tourism agency to designate the campus as a destination for literacy tourism in order to draw in both domestic and foreign tourists.
demonstrating the historical usage of puppets, picture books, and other educational instruments.
◉ The museum will be built for 8 crores and will be based on Laurie Baker, a renowned architect.
2. Mega-conclave “Strengthening PACS through FPOs” was opened by Amit Shah.
◉ Amit Shah, the Union Minister of Housing and Cooperation, has opened the day-long mega-conclave “Strengthening PACS through FPOs” in New Delhi.
◉ The conclave’s goal is to debate strategies to make Farmer Producer Organisations (FPOs) more effective at supporting Primary Agricultural Credit Societies (PACS).
◉ Experts from the industry and representatives from the FPOs are present at the conference.
◉ Each FPO is given financial support under the FPOs scheme in the amount of 33 lakh rupees. Additionally, the Cluster-Based ◉ Business Organisations (CBBOs) receive financial support of 25 lakh rupees for each FPO for promoting and supporting the FPOs.
3. Beginning in Kevadia is the third Trade and Investment Working Group Meeting.
◉ In Kevadia, Gujarat, the third Trade and Investment Working Group Meeting has started.
◉ The three-day gathering at Kevadia will feature more than 75 foreign participants from diverse G20 nations.
◉ India will have the chance to highlight its global commerce and export potential during the meeting, and we will get a chance to promote our carbon-free handicrafts.
◉ Delegates took part in a session on “Trade Infrastructure” before the meeting officially started.
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International News
4. The United States boasts the strongest military in the world.
◉ According to Global Firepower, a data database that tracks information about global defense, the US has the strongest military in the world, followed by Russia, China, and India in that order.
◉ The 2023 Military Strength list, which includes Bhutan and Iceland among the countries with the weakest militaries worldwide, took into account more than 60 different variables.
◉ The top four countries are still the same as they were on the Global Firepower ranking for 2022.
Banking
5. A 3,000 crore IT transformation agreement will be signed by Canara Bank.
◉ Canara Bank, a public sector bank, will sign a 3,000 crore IT transformation agreement to upgrade and rebuild its technological foundation.
◉ Global tech giants IBM and its spinoff Kyndryl, which provides managed infrastructure services, are in the lead in a fiercely competitive bidding race, positioning themselves to win the alliance.
◉ The cooperation will work to upgrade Canara Bank’s technology capabilities and make them more current so that it can offer its clients effective banking solutions.
6. By 2075, India will overtake the US as the second-largest economy in the world, according to Goldman Sachs
◉ By 2075, India, the world’s fifth-largest economy, would exceed not just Japan and Germany but also the United States to become the second-largest economy in the world, according to Goldman Sachs.
◉ According to the investment bank analysis, the growing population will significantly increase innovation and technological advancement, higher capital investment, and rising worker productivity.
◉ India currently has the fifth-largest economy in the world, trailing only that of the US, China, Japan, and Germany.
Appointment
7. Sheikh Talal Fahad Al Ahmad Al Sabah is now the President of the Olympic Council of Asia (OCA), replacing Sheikh Talal Fahad Al Ahmad Al Sabah of Kuwait.
◉ Sheikh Ahmad al-Fahd al-Sabah succeeded Sheikh Talal as successor.
◉ After being convicted guilty of forgery and given a minimum 13-month prison sentence, Sheikh Ahmed was obliged to resign.
◉ Hussein Al-Musallam, President of World Aquatics and Director General of the OCA, was defeated by Sheikh Talal in Bangkok during the OCA General Assembly.
8. Abhijit Chakravorty is named CEO of SBI Card by SBI.
◉ Abhijit Chakravorty has been named MD & CEO of SBI Cards & Payment Services (SBI Card), the largest pure-play credit card issuer in the nation, for a period of two years.
◉ On August 12, Chakravorty, who is now SBI’s deputy managing director, will take over in his new position.
◉ Due to his relocation to SBI, current MD and CEO Rama Mohan Rao Amara has submitted his resignation. Amara will leave her position on August 11th.
◉ In January 2021, Amara was chosen to serve as the MD and CEO of SBI Card.
Awards
9. Miss Netherlands is crowned for the first time by a transgender woman.
◉ The first transgender woman to win Miss Universe Netherlands is Rikkie Kollé.
◉ While Habiba Mostafa and Lou Dirchs received the titles of Miss Congeniality and Miss Social Media, respectively, Nathalie Mogbelzada was chosen first runner-up.
◉ She replaced Ona Moody as the Netherlands’ representative at Miss Universe 2023.
◉ Kollé defeated nine other candidates to claim the title of Miss Universe Netherlands this year.
10. The Lokmanya Tilak Award will be given to PM Modi in 2023.
◉ The famous Lokmanya Tilak Award will be given to Prime Minister Narendra Modi this year.
◉ On August 1, 2023, in Pune, the Tilak Smarak Mandir Trust (Hind Swaraj Sangh) will present Prime Minister Narendra Modi with the esteemed Lokmanya Tilak National Award 2023.
◉ This honour recognises Prime Minister Modi’s outstanding leadership, which has enabled India to advance.
◉ Every year on the anniversary of Lokmanya Tilak’s passing, it is given out.
Defence
11. Naval Air Station’s LRMR Hangar & Dispersal is officially opened by CDS Anil Chauhan
◉ At the Naval Air Station, INS Utkrosh in Port Blair, the LRMR Hangar & Dispersal has been officially opened by General Anil Chauhan, the Chief of Defence Staff (CDS).
◉ The P8I aircraft as well as Dronier and Advanced Light Helicopters can all fit in the dual hangar, which is spread out over 6000 square metres.
◉ The newly constructed hangar will serve crucial air operations in the strategically significant A&N Islands. It will contribute to enhancing the region’s security in the Indian Ocean.
◉ Additionally, the Wet Basin & Refit Jetty at the Naval Ship Repair Yard in Port Blair was officially opened by General Anil Chauhan. The jetty contains staff quarters and suspended material lockers.
Sports
12. Parth Salunkhe wins the Youth World Championship as the first Indian.
◉ In the recurve division of the Youth World Championships, Parth Salunkhe became the first man from India to win a gold medal in archery.
◉ In the Under-21 men’s recurve solo final in Limerick, Ireland, the 19-year-old from Satara in Maharashtra put the cherry on top by winning against a Korean.
◉ Salunkhe, who won the rankings round, came from behind to defeat Song Injun, the seventh seed, 7-3 (26-26, 25-28, 28-26, 29-26, 28-26) in a tense five-setter match.
◉ Bhaja Kaur’s 7-1 victory over Chinese Taipei’s Su Hsin-Yu in the Under-21 women’s recurve individual competition earned India a bronze medal as well (28-25, 27-27, 29-25, 30-26).
Important day
13. July 12 is “Paper Bag Day.”
◉ Every year on July 12, Paper Bag Day is observed to raise awareness of the value of eco-friendly alternatives to plastic bags.
◉ Objective: To promote the adoption of environmentally friendly alternatives like paper bags and increase awareness of the negative impacts of plastic on the environment.
◉ Plastic bags not only take hundreds of years to degrade, but they also put wildlife at risk, pollute the environment, and permanently harm ecosystems.
14. International Malala Day falls on July 12.
◉ Every year on July 12th, the world celebrates International Malala Day in honour of Nobel laureate and Pakistani education activist Malala Yousafzai.
◉ Malala is renowned for her support of girls’ education and her valiant resistance to the Taliban, who had forbade females from attending school in Mingora, a town in Pakistan’s Swat Valley, where she was born.
◉ Malala was shot by a Taliban gunman on October 9, 2012, however, she survived the incident. Her activism and tenacity have elevated her to a global icon of inspiration and female emancipation.
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