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Current Affairs & GK 2023
Current Affairs play an important role in each competitive exam. A good number of questions are asked from Current Affairs in SSC, Bank & Railways.
We have compiled important current affairs for the july 2023 months important question. Students can can easily read all the important current affairs in one place.
Indian-origin Vaibhav Taneja: The new CFO of TESLA
Tesla appointed Indian-origin Vaibhav Taneja as Chief Financial Officer of the company replacing Kirkhorn.
He initially assumed the role of Corporate Controller in May 2018, and his commitment and competence led to his elevation to the position of CAO in March 2019.
His portfolio encompassed the critical domains of financial reporting, tax compliance, and internal controls, underscoring his pivotal role in upholding Tesla’s fiscal integrity.
Pramod and Sukant won a gold medal in Four Nations Para-Badminton 2023
In the Four Nations Para-Badminton International 2023 held in England, the top-ranked men’s doubles duo of Pramod Bhagat and Sukant Kadam clinched a gold medal in the SL3-SL4 category.
They achieved this victory by defeating Ranjan Bisoyee and Manoj Sarkar.
Bhagat secured a silver medal in the singles SL3 category, and he also teamed up with Manisha Ramdass to claim a silver medal in the mixed doubles SL3-SU5 category.
Kadam won a bronze in the singles SL4 category.
PayPal becomes first major fintech to launch dollar-backed stablecoin
Payments company PayPal has launched a US dollar stablecoin, becoming the first major financial technology firm
Aim: To embrace digital currencies for payments and transfers.
Stablecoins are a type of cryptocurrency that typically track the value of a major currency such as the dollar one-for-one.
They play a key role in connecting traditional and crypto markets, as traders use the coins like cash in order to move in and out of trades without paying high fees.
Postal Life Insurance Launched Direct Incentive Disbursement
Postal Life Insurance has introduced the ‘Direct Incentive Disbursement’ program in the Delhi and Uttarakhand circles
Aim: To ensure that it receives its hard-earned commissions from the previous month directly to their Post Office Savings Bank accounts.
Swift and Secure Transactions: Salesforce receives incentives directly in their POSB accounts.
Convenience and Motivation: Salesforce can conveniently manage their funds, and immediate rewards drive optimal performance.
RBI data: Bank credit growth to MSMEs decelerates in Q1
According to RBI, Bank credit growth to Micro, Small and Medium Enterprises (MSMEs) has decelerated on a year-on-year basis in the first three months of the FY 2023
As per the latest Reserve Bank data, the credit to medium industries in June grew by 13.2 per cent (47.8% 2022) and micro and small industries by 13 per cent (29.2 % 2022).
Gross bank credit outstanding to medium industries in June 2023 was Rs 2,63,440 crore compared to Rs 2,32,776 crore in June 2022
Indian Army inducts BEL developed Swathi Mk2 radar
Indian Army inducted the lighter and more compact version of the developed Weapon Locating Radar (WLR-M) called “Swathi Mountains.”
Aim: To enhance the Army’s battlefield surveillance capabilities, enabling it to effectively monitor and respond to threats in mountainous regions.
Developed by Bharat Electronics Limited (BEL) in Bengaluru, and designed for operations in mountainous and high-altitude areas, catering to the unique challenges posed by such terrains.
Domestic companies raised Rs 9.8 lakh cr from market in FY23
According to the SEBI report, Domestic companies raised Rs 9.8 lakh crore from capital markets in the fiscal 2022-23, which was 4.6 per cent higher than the amount raised in the fiscal 2022
The capital market regulator said that the funds were raised for the financing needs of the companies through various instruments such as equity, debt, AIFs, REITs, and InvITs.
According to the SEBI its recovery from erring market participants for the year stood at Rs 6,031 crore
Rajasthan Cabinet approved formation of 19 districts, 3 divisions in stat
The Rajasthan Cabinet approved the proposal of a high-level committee to form 19 new districts and 3 new divisions in the State.
Rajasthan will now have a total of 50 districts and 10 divisional headquarters.
According to CM Ashok Gehlot formation of new districts will improve governance and bring relief to people who have to cover long distances to go to the district headquarters.
The new districts are like, Jaipur has been divided into Jaipur and Jaipur Rural
Star Health and Allied Insurance enters into bancassurance tie-up with SCB
Star Health and Allied Insurance jointly partnered with Standard Chartered Bank in August 2023.
Aim: To enhance Star Health’s distribution network.
Objective: To serve as a convenient one-stop destination for its customers seeking comprehensive health insurance coverage.
Bancassurance is an insurance distribution model where insurance companies partner with banks to sell policies.
SCB currently has 100 branches spread across 42 cities.
Bandhan Bank ties up with Odisha govt to strengthen OTDC
Bandhan Bank partners with the state government for Odisha Tourism Development Corporation
Aim: To help them strengthen payment solutions for Odisha Tourism Development Corporation Ltd
The bank has provided Point of Sale machines to facilitate card payments by tourists.
Prime locations include Puri, and Bhubaneshwar, will be covered under this tie-up
The PoS machines will hasten tourist payment collections, bringing convenience to both the tourists and OTDC officials
H.S. Prannoy won Silver medal in Australian Open Super 500 badminton 2023
The ninth-ranked Indian shuttler HS Prannoy won silver at the Australian Open Badminton 2023 final in Sydney
He went down fighting against World No. 24 Weng Hong Yang of China.
He also bagged the silver medal in Boys’ singles at the 2010 Summer Youth Olympics.
He followed it up with another silver, this time at the Bahrain International Challenge, in 2011.
Welcome to yogi academy …. Here You will get English Speaking,Current Affairs , Static mock test, Mathematics mock test , Reasoning mock test , English mock test, gk mock test, 6th to 12th all subject mock test,haryana gk mock test.
Current Affairs & GK 2023
Current Affairs play an important role in each competitive exam. A good number of questions are asked from Current Affairs in SSC, Bank & Railways.
We have compiled important current affairs for the july 2023 months important question. Students can can easily read all the important current affairs in one place.