24 July 2023 : Latest Current Affairs 24th July
Important Current Affairs 24th July 2023
In this article, we will discuss all the Current Affairs of 24th July including national, international, banking, finance, sports, awards, and many others. So if you are interested to know about the latest 24th July 2023 current affairs then read this article till the end.
Current Affairs of 24th July – National News
1. The Minimum Guaranteed Income Bill is approved by the Rajasthan Assembly.
◉ As part of a welfare package for the state, the Rajasthan Assembly enacted a bill ensuring a minimum guaranteed income for all adult residents.
◉ According to the Bill, some beneficiaries would be given a minimum wage job guarantee for at least 125 days each fiscal year.
◉ Other beneficiaries, including senior citizens, people with disabilities, widows, and single women, will have pension rights under the Bill.
◉ From FY 2024–2025, the pension that is due will increase at a rate of 15% every year.
2. G20 countries’ ministers of labor and employment will gather in Madhya Pradesh
◉ Prime Minister Narendra Modi delivered a video message to the meeting of labor and employment ministers while India is holding the G-20 chair.
◉ The conference is taking place in Indore, and the Employment Working Group’s draft will also be made available.
◉ Following the Prime Minister’s video message at the G-20 meeting of labor and employment ministers, ministers from many participating nations also share their opinions.
◉ The minister-level meeting is attended by 165 representatives in total, including 24 ministers from G-20 and invited nations.
3. IIT Guwahati and the Indian Council of World Affairs sign an agreement
◉ To develop ability and abilities in international affairs and foreign policy, the Indian Institute of Technology Guwahati and the Indian Council of World Affairs (ICWA) have signed a memorandum of understanding.
◉ The partnership aims to increase understanding of global issues and Indian foreign policy.
◉ During his speech at the 25th Convocation of IIT Guwahati, Vice President Jagdeep Dhankhar made the announcement about this collaboration.
The contract will be in effect for three years.
4. India and Japan have signed an agreement to create a robust semiconductor supply chain.
◉ India and Japan have signed an MoU to create a reliable semiconductor supply chain.
◉ The Memorandum of Understanding covers five areas: talent development, equipment research, semiconductor supply chain resilience, semiconductor design, and production.
◉ Japan is a significant producer of semiconductors and a technology innovator. In manufacturing, equipment research, and design, there will be collaboration.
◉ Within the next five to six years, the semiconductor sector is predicted to grow rapidly, topping $650 million and eventually reaching $1 billion.
◉ India is viewed by Japan as a trustworthy partner with complementary characteristics, making it a prime candidate for collaboration.
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International News
5. China starts drilling a hole into the Earth’s crust that is 1000 meters deep.
◉ Chinese scientists have started a project to dig a hole into the Earth’s crust that will be 10,000 meters (32,808 feet) deep, indicating their interest in discovering new territories both above and below the planet’s surface.
◉ The project entails drilling the nation’s deepest well, and it will start in Xinjiang, a province renowned for its oil riches.
◉ The cretaceous system in the Earth’s crust will be reached after the borehole has pierced more than ten continental strata.
◉ This is found in the Xinjiang region, which is rich in oil. Mineral and energy resources can be found with the aid of deep earth exploration.
Banking
6. Canara Bank and the Ministry of Culture establish an agreement to cooperate financially.
◉ To give financial support to chosen beneficiaries of the Scheme for Financial Assistance for Veteran Artists, the Ministry of Culture and Canara Bank have signed an MoU.
◉ According to the MoU, the Ministry is required to upload the master data of a few chosen beneficiaries to the web portal that will be created by Canara Bank for this purpose, including both fresh and old data.
◉ According to the scheme’s rules, Canara Bank must determine its quarterly funding needs and submit a request for those amounts to the Ministry.
Appointment
7. International Myeloma Foundation director Vincent Rajkumar is appointed
◉ S. Vincent Rajkumar, a renowned researcher, clinician, and scientist, has been named chairman of the International Myeloma Foundation’s (IMF) board of directors.
◉ Brian G.M. Durie, the present chairman, will be replaced by Rajkumar.
◉ Durie, a co-founder and 33-year board chairman, has declared he would not run for re-election when his current term ends in the spring of 2024.
◉ However, he will continue to serve as a Board member, serve as Chairman Emeritus, and carry out his present duties.
8. The highest-ranking female Navy officer in US history is Lisa Franchetti.
◉ Admiral Lisa Franchetti is the first woman to hold this post in the history of the US Navy and the first woman to serve on the joint chiefs of staff thanks to President Joe Biden’s selection of her.
◉ Admiral Franchetti has a distinguished professional background and is currently the vice chief of naval operations.
◉ Since receiving her commission in 1985, she has served in a number of important positions, including that of commander of the US Naval Forces in Korea, deputy chief of naval operations for warfighting development, and director for strategy, plans, and policy of the joint staff.
Defence
9. India delivers a corvette-mounted missile to Vietnam via the INS Kirpan
◉ In order to strengthen the strategic alliance between the two countries, particularly in the marine sector, India has given Vietnam its operational missile corvette, INS Kirpan.
◉ The event in Cam Ranh where the frontline vessel was handed over to the Vietnam People’s Navy was presided over by Navy Chief Admiral R Hari Kumar.
◉ India gave a fully functional corvette to a friendly foreign nation for the first time.
◉ Since its inception in 1991, INS Kirpan has played a crucial role in numerous missions as part of the Indian Navy’s Eastern Fleet.
Sports
10. Indian women’s volleyball team’s new coach is Ravindra Banshtu
◉ For the 19th Asian Women’s Championship, Ravindra Banshtu has been named the head coach of the Indian national women’s volleyball team.
◉ China’s Hangzhou will host the competition from September 22 to October 8.
◉ Currently, Banshtu works as a coach for Himachal Pradesh’s sports division.
◉ Bastu played 16 volleyball matches for his country and three times for the Indian squad.
◉ In 2005, she was chosen to be a coach in the Education Department.
Book and Author
11. Venkaiah Naidu, a former vice president, publishes “As the wheel turns”
◉ In Chennai, Tamil Nadu, M Venkaiah Naidu, a former vice president of India, published a book titled “As the wheel turns.”
◉ CEO of Rayala Corporation Ranjit Pratap wrote the book.
◉ The book details Ranjit Pratap’s successes and hardships in the business arena.
◉ The title of the book alludes to the cyclical nature of life and business while emphasizing the value of flexibility and resilience in the face of change.
◉ In 1948, Rayala Corporation was established as a manufacturer of office supplies and vehicle parts.
Important day
12. National Broadcasting Day is on July 24.
◉ India celebrates National Broadcasting Day on July 23 of every year.
◉ The purpose of the day is to raise awareness of how radio has impacted our lives.
◉ Additionally, All India Radio’s organized radio transmissions in the nation began on this day.
◉ The India Broadcasting Company was established on July 23, 1927, making it the country’s first radio station. But in less than three years, the company would have to go out of business.
13. National Thermal Engineer Day is on July 24.
◉ Every year on July 24, National Thermal Engineer Day is honored.
◉ The goal is to raise public awareness of the value of thermal engineers to society.
◉ Advanced Thermal Solutions, Inc. (ATS) thermal engineers created National Thermal Engineer Day in 2014.
◉ National Engineer Day was established by ATS engineers on July 24; the inaugural commemoration took place in 2015, and it gradually gained international recognition.
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