8th July Current Affairs 2019
Daily GK Updates & July Current Affairs for Government Exams
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PM Narendra Modi unveiled statue of former PM of India Lal Bahadur Shastri at Varanasi airport on 6 July
08 July 2019 Current Affairs: Prime Minister Narendra Modi unveiled statue of former PM of India Lal Bahadur Shastri at Varanasi airport on 6 July. He unveiled the statue during his visit to Varanasi to launch BJP’s membership drive. PM Modi launched a tree plantation drive after unveiling the Statue.
Indian government to introduce an Indian sovereign bond to the world
08 July 2019 Current Affairs: The government has a tentative plan to introduce an Indian sovereign bond to the world. It can be used to mop up at least $10 billion, or about Rs 70,000 crore. The total sovereign debt at the end of March 2019 stood at $103.8 billion. It was a 3.8% of the GDP. India external debt to gross domestic product (GDP) is among the lowest globally at less than 5%. This will also have beneficial impact on demand situation for the government securities in domestic market.
The Finance Bill showed that the net borrowing would be Rs.4.73 trillion, and the gross borrowing would be Rs.7.10 trillion. This is same as the interim budget. The bond yields climbed back.
Arinjeeta Dey won a silver medal for India in World Youth Cup 2019
08 July 2019 Current Affairs: Karate girl, Arinjeeta Dey (Barasat, West Bengal) won a silver medal under the 12 category in the World Youth Cup 2019
The competition was held in Umag, Croatia(from July 1 to July 5, 2019). It was organized by World Karate Federation affiliated to the International Olympic Association. A total of 35 countries participated in this competition.
He won 3 times in national championship junior level category (2017 KAI SUB Junior National gold medalist, 2018 KAI SUB Junior National gold medalist,2019 KAI SUB Junior National Gold and Silver Medalist).
She belongs from Barasat in West Bengal. She has been a student of Hanshi Premjit Sen She is the president of Premjit Sen Martial Art Academy in West Bengal.
Jaipur enters the UNESCO World Heritage Site list on 6 July
08 July 2019 Current Affairs: The walled city of Jaipur has entered into the UNESCO World Heritage Site list on July 6. Jaipur is well known for its iconic architectural legacy. It has become the second city of the country to enter into the UNESCO World Heritage Site after Ahmedabad.
The nomination of Jaipur was supported by a majority of the countries. Jaipur has been nominated by India as it has an exceptional urban example in indigenous city planning and construction in South Asia.
U.S. womens national soccer team won the FIFA Womens World Cup 2019
08 July 2019 Current Affairs: The U.S. women’s national soccer team (USWNT) won the FIFA Women’s World Cup for a record-extending fourth time on July 7 in Lyon, France. The team defeated the Netherlands and secured 2-0 to win the women’s World Cup. This win is a record-extending fourth time for the U.S. women’s national soccer team.
The dignitaries which included FIFA’s president, Gianni Infantino, and France’s president, Emmanuel Macron presented the winners’ medal and trophy.
The Head coach of USWNT is Jill Ellis. The captains of the team are Carli Lloyd, Alex Morgan and Megan Rapinoe. USWNT won its first World Cup in 1991 in China.
Centre fixes price for Sovereign Gold Bonds at Rs.3,443 per gram
08 July 2019 Current Affairs: The union government fixed the price at Rs 3,443 per gram for the new series of sovereign gold bonds (SGBs).
RBI decided to allow a discount of Rs 50 per gram from the issue price to those investors who apply online. The payment is made through digital mode, The issue price of gold bond will be Rs 3,393 per gram of gold.
The Reserve Bank of India announced the calendar for issuance of SGB for the first half of the current financial year.
The bonds issued every month from June 2019 to September 2019 The sovereign gold bond scheme launched in November 2015
The main objective to reduce the demand for physical gold and shift a part of the domestic savings. It is used for financial savings. The minimum investment in the bonds is one gram with a maximum limit of subscription of 500 gram per person per fiscal year (April-March).
Virat Kohli retains top position among batsmen in latest ICC rankings
08 July 2019 Current Affairs: Team India skipper Virat Kohli retained the top position among batsmen in the latest ICC rankings.
Rohit Sharma bridged the gap at No. 2 following record five World Cup tons. Pakistan’s Babar Azam got third place.
Australia opener David Warner re-entered the top 10 at number six. India in the ODI rankings with Jasprit Bumrah extending his lead at the top from 21 points to 56 points
After grabbing 17 wickets in the nine league matches at the World Cup. New Zealand’s Trent Boult remained in the second spot. Bangladesh’s Shakib Al Hasan retained the top spot among all-rounders.
In the ICC ODI Team Rankings, England remain in first position at 123 points New Zealand and Australia are both on 112 with New Zealand.
YES Bank acquires 9.47% stake in Eveready Industries by invoking pledged shares
08 July 2019 Current Affairs: YES Bank acquired a 9.47 % stake in dry cell battery maker, Eveready Industries India by invoking shares pledged by McLeod Russel.
The acquisition comes after the Indian tea company McLeod Russel on repayment of credit facilities. McLeod’s debt is about Rs.l ,800 – 2,000 crore. the bank acquired 68,80,149 equity shares. They have a nominal value of Rs 5 per share constitutes around 9.47% of the post-issue.
Hong Kong to fund USD 900,000 for the cyclone hit Odisha
08 July 2019 Current Affairs: The Hong Kong government has approved a relief fund and rehabilitation work in of over USD 900,000 for the cyclone-hit Odisha. It will benefit around 45,100 victims in Odisha. The fund will be used to provide hygiene kits, kitchen kits, water kits, education kits, household items, and shelter kits.
The government has approved three grants totalling 7.032 million Hong Kong dollars (about USD 902,278) from Hong Kong’s Disaster Relief Fund to three agencies.
The Indian Relief agencies have been asked to evaluation reports and audited accounts on the use of the grants. This is to ensure that the money is used for the designated purposes. The accounts will be submitted after the completion of the project.