Hello and welcome to exampundit. Here are the important Current Affairs Today 25th July 2019. These are important for the upcoming SBI PO/ Clerk 2019 Exams. Candidates those who were preparing for the examination can use these current affairs and also you can download the same as PDF.
Current Affairs Today – 25th July 2019
BANKING and FINANCE Current Affairs
Corporation Bank launches ‘SB Challenger’ campaign
- Corporation Bank has launched a month-long ‘SB Challenger’ campaign to expand its savings account base. The campaign ends on August 23.
- “The campaign is targeted at garnering customers under the bank’s premium savings account variants – ‘Corp Elite’ and ‘Corp Delite’ – customised for salaried employees of public sector undertakings and the government sector.
- ‘Corp Delite’ offers term life insurance cover and personal accident cover of Rs 10 lakh each.
- Employees with a gross salary of ₹75,000 and above are eligible under the variant and are covered under the insurance on opening the account.
- ‘Corp Elite’ is targeted at customers earning salary between Rs15,000 and Rs 74,999, and offers term life insurance cover and personal accident cover of Rs 5 lakh each in addition to the regular SB account features.
Extra Shots:
Corporation Bank is a public-sector banking company headquartered in Mangalore, India. The bank has a pan-Indian presence.
- Headquarters: Mangaluru
- CEO: P. V. Bharathi
- Founder: Khan Bahadur Haji Abdullah Haji Kasim Saheb Bahadur
BUSINESS and ECONOMY Current Affairs
US slapped 5 billion US Dollar fine on Facebook for users’ privacy violation
- US regulators formalized a record 5 billion US Dollar fine on Facebook for violation of users’ privacy in the Cambridge Analytica data scandal involving 87 million users.
- The Federal Trade Commission (FTC) informed that the penalty was the largest ever imposed on any company for violating consumers’ privacy.
- The FTC initiated the investigation after a scandal involving former British consulting firm Cambridge Analytica, which was accused of illegally accessing data of more than 87 million Facebook users without their prior knowledge.
Extra Shots:
Facebook: Facebook, Inc. is an American online social media and social networking service company.
- Founded: February 2004, Cambridge, Massachusetts, United States
- Headquarters: Menlo Park, California, United States
- CEO: Mark Zuckerberg
- CFO: David Wehner
PayPal opens new centre in Hyderabad
- American digital payments firm PayPal announced expansion of its India footprint with the launch of third global technology centre.
- PayPal India house involves 100 engineers across roles including risk management and operations.
- Their main is to provide cutting-edge digital payments solutions to customers around the world.
- The new centre will focus on leveraging PayPal’s extensive expertise in data science, risk management and machine learning to identify and protect them from fraud.
Extra Shots:
PayPal Holdings, Inc. is an American company operating a worldwide online payments system that supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders.
- CEO: Daniel Schulman
NATIONAL Current Affairs
New India-UK scheme to fund students from UK to visit India
- A new India-UK bilateral pilot scheme has been launched to support Britain’s universities to collaborate with Indian partners to send UK students to India during their studies.
- The “UKEIRI Mobility Programme: Study in India”, an initiative of Universities UK International (UUKI) and British Council India.
- It aims to generate up to 200 opportunities for undergraduate students at UK universities to visit India by March 2021.
- The Study in India programme will support national and institutional-level objectives to increase the levels of outward student mobility from the UK to 13 per cent by 2020, as set out in UUKi’s “Go International: Stand Out” campaign.
STATE Current Affairs
15th Finance Commission on three-day visit to Chhattisgarh
- The Finance Commission is on a three-day visit to Chhattisgarh from 23rd July to 25th July.
- On the last day of its visit tomorrow, the Commission will have a detailed discussion with Chief Minister Bhupesh Baghel along with his cabinet colleagues.
- There will be a presentation to the Finance Commission on the State’s finances followed by discussions.
Extra Shots:
Finance Commission: The First Finance Commission was established by the President of India in 1951 under Article 280 of the Indian Constitution. It was formed to define the financial relations between the central government of India and the individual state governments.
- Formed: 22 November 1951
- Objectives: Financial relations between the centre and the state
- Headquarters: New Delhi
- First executive: Kshitish Chandra Neogy
- 15th Finance Commission Chairman: NK Singh
INTERNATIONAL Current Affairs
Boris Johnson takes charge as British PM
- Conservative leader Boris Johnson today officially took over the charge as 14th British Prime Minister.
- He succeeded Theresa May.
- Mr Johnson is expected to use the opportunity to increase the number of women in full cabinet positions and boost the representation of ethnic minorities.
Asian Infrastructure Investment Bank withdraws funding to Amaravati project
- Beijing-based Asian Infrastructure Investment Bank (AIIB) withdrawn funding for the Amaravati capital city project in Andhra Pradesh (AP).
- The AIIB is to finance the upcoming city by providing $200 million.
- The World Bank to fund the Amaravati project with $300 million.
- The multilateral agency for financing the proposed ‘Amaravati Sustainable Infrastructure and Institutional Development Project’.
- The total cost required for the Amaravati project is $715 million.
Extra Shots:
AIIB: The Asian Infrastructure Investment Bank is a multilateral development bank that aims to support the building of infrastructure in the Asia-Pacific region.
- Headquarters: Beijing, China
- Formation: January 16, 2016
- President: Jin Liqun
SUMMITS and CONFERENCE
International shark meet to be held in Kochi
- A four day, first-of-its-kind event in India name’ International shark’ meet to be held in Kochi.
- Eminent researchers from across the globe working on shark trade and representatives from the Food and Agriculture Organisation (FAO) participated in this event.
- Objective: to discuss the priorities in monitoring shark and ray fisheries, trade and market chain assessment.
- The event organised at the Central Marine Fisheries Research Institute (CMFRI).
RANKS and INDICES
India ranked 52nd in global innovation index 2019
- The GII 2019 was released by Commerce and Industry Minister Piyush Goyal in New Delhi.
- This is for the first time that the GII was launched in an emerging economy.
- The theme this year is Creating Healthy Lives – The Future of Medical Innovation, which aims to explore the role of medical innovation as it shapes the future of healthcare.
- The Index ranks innovative performances of 129 economies around the world on 80 indicators including political environment, education, infrastructure and business sophistication.
- India improved its rank in the Global Innovation Index to 52nd, in 2019, making a significant jump of 5 places in a year. It was at 57th position in 2018.
- Switzerland retained its number-one spot on the index.
AGREEMENTS and MoU signed
ADB sanctions about Rs 2000 Cr for power projects in Tripura
- Asian Development Bank has sanctioned 1,925 crore rupees project for upgradation of power generation and distribution in Tripura.
- The project has been sanctioned for upgrading capacity of 63 MW Rokhia Project to 120 MW at an estimated cost of over 699 crore and modernising Gumti Hydro Electric Project at an estimated cost of nearly 1225 crore rupees.
- Rokhia project is located at West Tripura district whereas Gumti project is in Gomati district.
Extra Shots:
ADB: The Asian Development Bank (ADB) is a regional development bank aimed to promote social and economic development in Asia.
- Founded: 19 December 1966
- Membership: 68 countries
- Purpose: Economic development
- Headquarters: Mandaluyong, Philippines
- President: Takehiko Nakao
Tripura: Capital City (Agartala) CM (Biplab Kumar Deb) Governor (Ramesh Bais)
Cabinet approves merger of National Institute of Miners’ Health with ICMR-NIOH
- Union Cabinet has approved the merger of National Institute of Miners’ Health with ICMR – National Institute of Occupational Health.
- Information and Broadcasting Minister Prakash Javadekar announced that this will beneficial for both institutes and it is another example of maximum governance and minimum government.
- This will help both the institutes in terms of enhanced expertise in the field of occupational health besides efficient management of public money.
APPOINTMENTS and RESIGNATIONS
Govt makes key appointments in several ministries
| NAME | DEPARTMENT | EXTRA SHOTS |
| Ajay Kumar Bhalla | Officer on Special Duty in the Ministry of Home Affair | IAS officer, was the Secretary in the Ministry of Power |
| Subhash Chandra Garg | Secretary in the Ministry of Power | Secretary in Department of Economic Affairs |
| Atanu Chakraborty | Secretary in Department of Economic Affairs | IAS Officer |
| Anshu Prakash | Secretary in Department of Telecommunications | IAS Officer |
| RS Shukla | Secretary in Ministry of Parliamentary Affair | IAS Officer |
| GV Venugopala | Member Secretary in National Disaster Management Authority. | IAS Officer |
| Sanjay Kothari | Secretary to the President Ram Nath Kovind. | extended his term |
| QUICK REVISION | ||
| Vivek Kumar | Private secretary to Prime Minister Narendra Modi.
|
IFS Officer, currently working as Director in the Prime Minister’s Office.
|
| Bharat Lal | Additional secretary in the Jal Shakti Ministry’s Drinking Water and Sanitation department. | IFS Officer, at present additional secretary to the President. |
| Amita Prasad | Chairperson of the Inland Waterways Authority of India in the Ministry of Shipping. | IAS Officer of the 1985 batch |
| Jyoti Arora | Additional secretary and financial advisor in the Electronics and Information Technology Ministry. | IAS officer of the 1987 batch |
| Rajesh Verma | Additional secretary in the Department of Agriculture, Cooperation and Farmers Welfare. | IAS officer of the 1987 batch |
| Indevar Pandey | Additional secretary in the Ministry of Development of North Eastern Region. | IAS officer of the 1988 batch |
Quick Revision
| STATE | NEW GOVERNOR | REPLACED |
| Madhya Pradesh | Lal Ji Tandon | Anandi Ben Patel |
| Uttar Pradesh | Anandi Ben Patel | Ram Naik |
| West Bengal | Jagdeep Dhankhar | Keshari Nath Tripathi |
| Bihar | Phagu Chauhan | Lal Ji Tandon |
| Tripura | Ramesh Bais | Kaptan Singh Solanki |
| Nagaland | R.N.Ravi | Padmanabha Acharya |
| Chhattisgarh | Anusuiya Uikey | Anandi Ben Patel |
| Andhra Pradesh | Biswa Bhusan Harichandan | E. S. L. Narasimhan. |
Indian origin Priti Patel appointed as Britain’s Home Secretary
- British Prime Minister Boris Johnson has appointed Indian origin Priti Patel as the country Home Secretary.
- Former Home Secretary Sajid Javid will take over from Philip Hammond as the Finance Secretary or Chancellor.
Brexit hardliner Dominic Raab appointed as the country’s Foreign Secretary.
- Ehsan Mani appointed chair of key ICC committee Pakistan Cricket Board (PCB) Chairman Ehsan Mani has been appointed as Chairperson of the ICC’s Financial and Commercial Affairs Committee.
- He was the ICC’s first-ever F&CA Chairman in 1996 and served until 2002.
Extra Shots:
ICC: The International Cricket Council is the global governing body of cricket. It was founded as the Imperial Cricket Conference in 1909 by representatives from Australia, England and South Africa. It was renamed as the International Cricket Conference in 1965, and took up its current name in 1989.
- Founded: 15 June 1909
- Headquarters: Dubai, United Arab Emirates
- Chairperson: Shashank Manohar
- CEO: Manu Sawhney
- 13th ICC Cricket World Cup will be held in India from 9th February to 26th March 2023.
SPORTS Current Affairs
Abhay, Tanvi win Bengal Open squash titles
- Abhay Singh of Tamil Nadu and Asian Games medallist Tanvi Khanna clinched the men’s and women’s titles respectively in the sixth Bengal Open squash tournament in Kolkatta.
Virat Kohli holds on to No 1 spot in ICC Test Rankings
- India skipper Virat Kohli has retained his number one position in the latest ICC Test batsmen’s rankings.
- Kohli, who last featured in India’s 2-1 Test series win over Australia, is sitting on 922 points. New Zealand’s Kane Williamson (913) is second and Cheteshwar Pujara (881) third in the rankings.
- In the team rankings, India remain in the first place followed by New Zealand (2) and South Africa (3) with England (4) and Australia (5) rounding up the top five.
- In the bowlers’ list, two Indians feature in the top 10 with Ravindra Jadeja and Ravichandran Ashwin holding the sixth and 10th spot respectively.
- In the all-rounders’ list, Jadeja is the best-ranked Indian at the third spot.
- The left-arm spinner sits behind West Indies’ Jason Holder and Shakib Al Hasan of Bangladesh.
Extra Shots:
ICC: The International Cricket Council is the global governing body of cricket. It was founded as the Imperial Cricket Conference in 1909 by representatives from Australia, England and South Africa. It was renamed as the International Cricket Conference in 1965, and took up its current name in 1989.
- Founded: 15 June 1909
- Headquarters: Dubai, United Arab Emirates
- Chairperson: Shashank Manohar
- CEO: Manu Sawhney
- 13th ICC Cricket World Cup will be held in India from 9th February to 26th March 2023.
Dejan Papic appointed India’s table tennis coach
- Canada’s Dejan Papic has been appointed as the chief coach of India’s table tennis team.
- Papic accepted the one-year contract that was offered to him by the Sports Authority of India (SAI).
- The Indian team has been playing without a coach since the Asian Games in Jakarta last year.
Extra Shots:
The Sports Authority of India is the apex national sports body of India, established in 1984 by the Ministry of Youth Affairs and Sports of Government of India for the development of sport in India.
- Founded: 1961
- Headquarters: Delhi
DEFENCE Current Affairs
HAL delivers Chetak helicopter to Indian Navy
- Hindustan Aeronautics Limited (HAL) delivered a Chetak helicopter. That helicopter is scheduled to the Indian Navy.
- The documents are handed over by S Anbuvelan, General Manager of Helicopter Division-HAL to Commodore Vikram Menon, VSM, CSO(Air), HQNA at an event held at HAL facilities.
- It is used for the supply of eight Chetak helicopters with the delivery schedule of the first two in August 2019 and the rest in August 2020.
Extra Shots:
Hindustan Aeronautics Limited is an Indian state-owned aerospace and defence company. It is governed under the management of the Indian Ministry of Defence.
- Headquarters: Bengaluru
- Chairperson: Shri R Madhavan
- Founder: Walchand Hirachand
BOOKS & AUTHORS
PM Modi releases book on former PM Chandra Shekhar
- The book titled ‘Chandra Shekhar- The Last Icon of Ideological Politics’ is written by Deputy Chairman in the Rajya Sabha, Harivansh and Ravi Dutt Bajpai.
- Prime Minister released the book today.
Book on Fire and Fury Corps of Army released
- Coffee table book titled ‘Fire and Fury Corps– Saga of Valour, Fortitude and Sacrifice’, was released by Northern Army Commander Lt. General Ranbir Singh.
- This book showcases history and achievements of Fire and Fury Corps of the Army, which guards Line of Control (LoC).
OBITURIES
Russian boxer Maxim Dadashev dies after sustaining brain injury in the ring
- Russian boxer Maxim Dadashev died after sustaining brain injury in the ring at an age of 28.
- Dadashev was quickly rushed to a Cheverly, Md., hospital for emergency surgery. He later died there.
Extra Shots:
- Russia (Capital/Currency): Moscow/Ruble
- Prime Minister: Dmitry Medvedev
Rutger Hauer, ‘Blade Runner’ Co-Star passed away
- Actor Rutger Hauer, who starred in 1982’s Blade Runner, has died at the age of 75.
- Hauer was born on 23 January 1944 in Breukelen, near Amsterdam, in the Netherlands.
Extra Shots:
- Netherlands (Capital/Currency): Amsterdam/ Euro
- Prime Minister: Mark Rutte
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