July - 2024 Current Affairs

A)
July 1
B)
July 2
C)
July 3
D)
July 4

Correct Answer :   July 2


World Sports Journalists Day is celebrated annually on July 2. This day honours sports journalists worldwide for their dedication to reporting sports news and stories.

It was established by the International Sports Press Association (AIPS) to recognize the contributions of sports journalists, encourage new talent in the field, and promote awareness about sports globally.

The date, July 2, holds historical significance as it marks the formation of AIPS during the Summer Olympics in Paris.

Published On : July 2, 2024
A)
Bihar
B)
Odisha
C)
Jharkhand
D)
Chhattisgarh

Correct Answer :   Jharkhand


Hul Kranti Diwas is celebrated on June 30 every year in Jharkhand to honour the 1855 independence movement led by tribal heroes Sidho, Kanho, Chand, and Bhairav, among others.

This day marks a significant event in India's freedom struggle, where more than 50,000 tribals from 400 villages in Jharkhand revolted against British rule.

Published On : July 2, 2024
A)
Data Encryption
B)
Enhanced Data Access
C)
Statistical Modeling
D)
Data Storage Solutions

Correct Answer :   Enhanced Data Access


The eSankhyiki portal launched by MoSPI aims to enhance data access by centralizing and streamlining access to comprehensive national statistical data.

It includes features like a Data Catalogue Module with over 2291 datasets and a Macro Indicators Module providing time-series data, aimed at supporting planners, policymakers, researchers, and the public in making informed decisions based on robust statistical insights.

Published On : July 1, 2024
A)
Vinay Tonse
B)
Dinesh Khara
C)
Ashwini Tiwari
D)
Challa Sreenivasulu Setty

Correct Answer :   Challa Sreenivasulu Setty


Challa Sreenivasulu Setty has been chosen by the Financial Services Institution Bureau (FSIB) to succeed Dinesh Khara as the next chairman of the State Bank of India (SBI).

Setty, currently serving as the senior Managing Director at SBI, brings over 35 years of experience within the bank, having held various significant roles including Deputy Managing Director and Chief General Manager.

His selection reflects his extensive banking expertise and leadership capabilities in navigating complex financial landscapes.

Published On : July 1, 2024
A)
Japan
B)
China
C)
United States
D)
United Kingdom

Correct Answer :   Japan


Japan is scheduled to introduce new banknotes, incorporating state-of-the-art holography technology that creates the illusion of rotating historical portraits in 3D.

These banknotes will also feature tactile marks to aid visually impaired individuals in identifying different denominations by touch.

The introduction of these advanced security features aims to enhance the authenticity and security of Japan's currency while existing banknotes will continue to remain valid post their issuance.

Published On : July 1, 2024
A)
SBI
B)
Infosys
C)
HDFC Group
D)
Tata Group

Correct Answer :   Tata Group


Tata Group has been identified as India’s most valuable brand with a reported value of US$ 28.6 billion, marking a significant increase from the previous year.

This underscores Tata Group's strong market presence and strategic brand management, positioning it ahead of other prominent entities like Infosys and HDFC Group in terms of brand value.

Published On : July 1, 2024
A)
Russia
B)
Iran
C)
Armenia
D)
Azerbaijan

Correct Answer :   Russia


Russia has sent two trains carrying coal to India through the International North-South Transport Corridor (INSTC) for the first time.

The consignment will travel over 7,200 km from St. Petersburg, Russia to Mumbai port via Bandar Abbas port in Iran.

It integrates shipping, rail, and road networks to facilitate cargo movement between India, Iran, Azerbaijan, Russia, Central Asia, and Europe.

Initiated on September 12, 2000, in St. Petersburg, the corridor was established by a trilateral agreement among Iran, Russia, and India during the Euro-Asian Conference on Transport in 2000 to enhance transportation cooperation.

Published On : July 1, 2024
A)
June 29
B)
June 30
C)
July 1
D)
July 2

Correct Answer :   July 1


CA Day is celebrated annually on July 1st to commemorate the founding of the Institute of Chartered Accountants of India (ICAI) in 1949.

This day acknowledges the significant role of chartered accountants in India's economic development and financial sector regulation.

Published On : July 1, 2024
A)
Pravin Kumar
B)
Ravi Agrawal
C)
Anil Choudary
D)
Pragya Sahay Saksena

Correct Answer :   Ravi Agrawal


Ravi Agrawal, a 1988-batch IRS officer, has been appointed as the new chairman of the CBDT, succeeding Nitin Gupta.

His appointment extends till June 2025, with a reappointment on a contract basis to ensure continuity in the CBDT’s policy framework.

Agrawal's role involves overseeing critical tax policy decisions and managing the Income Tax Department's operations under the Union government's administration.

Published On : July 1, 2024
A)
June 30
B)
July 1
C)
July 2
D)
July 3

Correct Answer :   July 1


GST Day is observed on July 1 each year to commemorate the implementation of the Goods and Services Tax (GST) system in India, which was enacted through the Constitution (101st Amendment) Act in 2016.

This tax reform aimed to streamline India's tax structure, unify the market, enhance transparency, and foster economic growth by replacing multiple indirect taxes with a comprehensive indirect tax regime.

Published On : July 1, 2024