11 July 2023 Current Affairs – The Day’s Top News | GKSERIES
Current Affairs is the most important area in all competitive exams. But the difficulty level is very high. That’s why; many aspirants get confused, how to select Current Affairs for Preparation of Competitive Examination? In this Post, Daily Current Affairs 11 July 2023, we have tried to cover each and every point and also included all important facts from National/ International news that are useful for upcoming competitive examinations such as UPSC, SSC, Railway, State Govt. etc.
So, here is the Top News of the Day for 11 July 2023 to help you prepare the Latest Current Affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.
Current Affairs for Competitive Exam – 11 July 2023
World Population Day 2023: Date, Theme, Significance and History
Every year on July 11th, World Population Day is observed to promote awareness and educate people about the issues and implications of global population growth. It serves as a reminder to continuously work towards addressing these issues and improving the lives of everyone on the planet. The goal of World Population Day is to improve understanding and stimulate joint efforts to address the consequences of population growth.
Daily Current Affairs Quiz: July 2023
World Population Day 2023 Theme
According to United Nations, the theme for this year’s World Population Day is – Unleashing the Power of gender equality: Uplifting the voices of women and girls to unlock our world’s infinite possibilities.
World Population Day 2023 Significance
The goal of World Population Day is to draw attention to crucial concerns impacting the world population. It seeks to increase awareness of a variety of challenges, including gender injustice, economic crises, and poverty. This day serves as a reminder to actively strive for the betterment of people’s lives and drive positive transformations. The United Nations celebrates World Population Day with a vision of creating a future where everyone has equal opportunities and limitless potential. Moreover, it works towards building a sustainable world in line with the goals outlined in the 2030 Agenda for Sustainable Development.
World Population Day 2023 History
The Governing Council of the United Nations Development Programme launched World Population Day in 1989, inspired by the Day of Five Billion marked on July 11, 1987. In 1990, the United Nations General Assembly, through Resolution 45/216, decided to continue celebrating World Population Day to raise awareness about population issues and their interconnection with the environment and development.
The first World Population Day was observed on July 11, 1990, in more than 90 countries. Since then, numerous organizations, institutions, and United Nations Population Fund (UNFPA) country offices, in partnership with governments and civil society, have been marking this day to bring attention to population-related concerns.
Important takeaways for all competitive exams:
- United Nations Population Fund Headquarters: New York, New York, United States;
- United Nations Population Fund Founded: 1969;
- United Nations Population Fund Head: Natalia Kanem.
National Fish Farmers’ Day 2023: Date, Significance and History
National Fish Farmer’s Day is an annual event conducted on July 10th to recognise and acknowledge the important role that fish farmers, aquaculture industry professionals, and other stakeholders play in maintaining a healthy and profitable fisheries sector. This year, National Fish Farmer’s Day 2023 provides a special opportunity for the entire nation to acknowledge the invaluable contributions of fish farmers and their commitment to responsible aquaculture practices.
Daily Current Affairs Quiz: July 2023
By promoting ethical and sustainable approaches in fish farming and harnessing the potential of the fisheries sector, we can lay the foundation for a prosperous future. This includes guaranteeing an adequate food supply, improving food security, and contributing to our country’s overall progress. National Fish Farmer’s Day reminds us of the importance of sustainable aquaculture and encourages us to demonstrate our support and admiration for fish farmers’ efforts in building a vibrant fisheries industry.
National Fish Farmer’s Day 2023, Significance
In order to commemorate the accomplishments of India’s fisheries sector, the Department of Fisheries, Animal Husbandry, and Dairying has arranged the ‘Summer Meet 2023’ and the ‘Start-up Conclave’ in Mahabalipuram, Tamil Nadu. These events serve as a platform for fish farmers, experts, entrepreneurs, and policymakers to showcase achievements, promote innovation, and discuss the future of sustainable fisheries development. The ‘Start-up Conclave’ primarily assists aspiring entrepreneurs and start-ups in the fisheries and aquaculture business, giving them a platform to discuss their ideas and technologies that can help the sector grow and modernise.
To recognize and encourage startups that are making a significant impact in the fisheries ecosystem, the Department of Fisheries, in collaboration with the Startup India hub and DPIIT, has introduced the Fisheries Startup Grand Challenge. The challenge received applications from 121 startups across four problem statements, and after a thorough evaluation process, 12 startups have been selected as winners, deserving recognition and rewards for their contributions.
History of National Fish Farmer’s Day
Every year on July 10, India celebrates National Fish Farmers Day to honour the successful induced breeding of Indian Major Carps on this day in 1957. The scientists who achieved this feat were Professor Dr. Hiralal Chaudhury and his colleague Dr. Alikunhi. They were working at the Central Inland Fisheries Research Institute (CIFRI) in Cuttack, Odisha.
The forced breeding of Indian Major Carps was a significant breakthrough in aquaculture. It allowed fish farmers to produce fish on a much larger scale, which helped to meet the growing demand for fish in India.
National Fish Farmers Day is a chance to commemorate fish farmers’ contributions to the Indian economy. Fish farming is a major source of employment in India, and it provides a sustainable source of protein for the country’s people.
The day is also used to raise awareness about the importance of aquaculture and to encourage people to eat more fish. Fish is a healthy and nutritious food, and it is a good source of omega-3 fatty acids.
OCA elects Sheikh Talal as new President
Following a ballot marred by charges of corruption, Kuwait’s Sheikh Talal Fahad Al Ahmad Al Sabah was elected as the next President of the Olympic Council of Asia (OCA). Sheikh Talal replaces his older brother Sheikh Ahmad Al-Fahad Al-Sabah, who led the OCA for 30 years until 2021 when he was forced to step down after being found guilty of forgery in a court in Geneva and sentenced to at least 13 months in prison.
Daily Current Affairs Quiz: July 2023
Sheikh Talal, 58, defeated Kuwaiti Husain Al-Musallam, the organization’s director general and President of World Aquatics, by a vote of 24 to 20 at the OCA General Assembly in Bangkok. Sheikh Talal’s election means that the House of Sabah retains control of the OCA.
About the Olympic Council of Asia (OCA)
His father, Fahad Al-Ahmed Al-Jaber Al-Sabah, created the OCA in 1982 and headed it until 1990, when he was assassinated defending Dasman Palace on the first day of the Iraqi invasion of Kuwait. The Olympic Council of Asia (OCA) is a governing body of sports in Asia, currently with 45 member National Olympic Committees. The current President is Talal Fahad Al-Ahmad Al-Sabah.
During the 1948 Summer Olympics, Asian National Olympic Committees (NOCs) decided to organise the Asian Games, which would be overseen by the Asian Games Federation. The Asian Games Federation was formed the following year. Decades later this would be reorganized and the Olympic Council of Asia (OCA) was established in New Delhi on 16 November 1982. The International Olympic Committee recognized the OCA within the same year.
The Olympic Council of Asia (OCA) together with the Asian Sports Federation (AESF) announced a new campaign for the upcoming 2022 Asian Games. The campaign, ‘Road to Asian Games’ will be officially organized by the AESF and aims to bring the Olympic spirit to eSports and introduce an education program for participating eSports athletes.
Important takeaways for all competitive exams:
- Olympic Council of Asia Headquarters: Kuwait City, Kuwait;
- Olympic Council of Asia President: Talal Fahad Al-Ahmad Al-Sabah;
- Membership: 45 National Olympic Committees;
- Olympic Council of Asia Founded: 16 November 1982, New Delhi;
- Olympic Council of Asia Motto: Ever Onward.
Lakshya Sen wins 58th Canada Open 2023
Lakshya Sen clinched the men’s singles title at the 58th Canada Open 2023. In an exhilarating final match, Sen defeated Li Shi Feng, the reigning All England champion, in straight games. This remarkable victory marks Sen’s second BWF World Tour title and adds another prestigious accolade to his growing list of accomplishments. Sen outclassed his opponent, Li Shi Feng, with scores of 21-18 and 22-20, demonstrating remarkable talent and the capacity to excel under pressure.
Daily Current Affairs Quiz: July 2023
Second BWF World Tour Title
The victory at the Canada Open 2023 represents Lakshya Sen’s second BWF Super 500 title. His previous triumph came at the India Open in January 2022, further establishing his reputation as one of India’s most promising badminton players. Sen is currently ranked 19th in the world, and his steady performance and determination have driven him to great career milestones.
Road to the Final
Sen’s path to the Canada Open final was filled with tough challenges. In the Round of 32, he faced Kunlavut Vitidsarn, the fourth-ranked player in the world, whom he defeated to progress further in the tournament. Sen easily defeated Kento Nishimoto of Japan, who is now ranked 11th in the world, in the semifinals. These impressive wins propelled him to his second Super 500 final and his first BWF summit clash in over a year.
Dominant Performance in the Final
Sen’s exceptional display of skill and composure was evident as he overcame Li Shi Feng, the reigning All England champion. The match was filled with extraordinary rallies, characterized by fast-paced exchanges at the net. Sen’s tight control and ability to maintain pressure allowed him to secure a 21-18, 22-20 victory, claiming his fifth win in seven meetings against the Chinese player. Sen, in particular, preserved four game points in the second game before clinching the championship point with a decisive smash, causing a raucous celebration on the floor.
Key takeaways for competitive examinations
- President of Badminton World Federation: Poul-Erik Høyer Larsen
- Headquarters of Badminton World Federation: Kuala Lumpur, Malaysia
Inaugural session of third G20 CWG meeting of Culture organized in Hampi
The inaugural session of the third G20 Culture Working Group (CWG) meeting was organized in Hampi, Karnataka.
Daily Current Affairs Quiz: July 2023
Addressing the participants, he said “We have progressed from identifying and deliberating the four priorities to seeking consensus on the action-oriented recommendations that would be a significant step in placing culture at the heart of policymaking.” The 4 priority areas are: Protection and Restitution of Cultural Property; Harnessing Living Heritage for a Sustainable Future; Promotion of Cultural and Creative Industries and Creative Economy; and Leveraging Digital Technologies for the Protection and Promotion of Culture.
Four priority areas:
- Protection and restitution of cultural property.
- Harnessing living heritage for a sustainable future.
- Promotion of cultural and creative industries and creative economy.
- Leveraging digital technologies for the protection and promotion of culture.
Forex reserves rise by $1.85 billion to $595.05 billion
According to the RBI, India’s foreign exchange reserves rose by $1.853 billion to $595.051 billion in the week ended on June 30, 2023. The overall reserve had dropped by $2.901 billion to $593.198 billion in the previous reporting week.
Daily Current Affairs Quiz: July 2023
In October 2021, the country’s forex reserve had reached an all-time high of $645 billion. The reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments.
Decline in Gold Reserves
India’s gold reserves experienced a decline of $472 million to $43.832 billion during the same period, as reported by the RBI. The reduction in gold reserves indicates potential adjustments in the central bank’s portfolio composition or other strategic considerations.
RBI Committee Recommends Internationalisation of Rupee
An RBI-appointed group, led by RBI executive director RS Ratho, recently suggested a path to accomplish the internationalisation of the Indian rupee. The committee emphasized that the rupee has the potential to become an international currency due to India’s robust economic growth and resilience. The report suggests promoting the use of rupee in international trade invoicing, settlement, and capital account transactions to enhance its global presence.
Rupee’s Recent Performance
The Indian rupee fell 23 paise against the US dollar on July 7, reaching a six-week low and posting its worst performance in seven weeks. The depreciation was driven by concerns over potential interest rate hikes by the Federal Reserve and losses in Asian currencies. The rupee closed at 82.74 per dollar, down from the previous close of 82.51.
Factors Influencing Rupee’s Weakness
Several factors have contributed to the weakness of the Indian rupee, including expectations of upcoming interest rate hikes, the strength of the US dollar, and rising crude oil prices supported by OPEC production cuts. These factors have led market participants to consider the negative impact on the rupee’s value. However, the strength of the Indian capital market has somewhat mitigated the rupee’s fall.
India, Tanzania begin trade settlements in local currencies
External Affairs Minister S Jaishankar on Saturday said that India and Tanzania have started trade settlements in local currencies and this new initiative will help in promoting commerce between the two countries. Addressing industry leaders at a function, the minister said India-Tanzania bilateral trade has seen very strong growth, and stood at USD 6.4 billion in 2022-23.
Daily Current Affairs Quiz: July 2023
India-Tanzania bilateral trade has seen very strong growth and stood at USD 6.4 billion in 2022-23.
Bank of India, Bank of Baroda, and Canara Bank have operations in Tanzania. About 18 countries have already opened special vostro accounts with Indian banks.
Last year, the Reserve Bank of India and Indian finance ministry asked the top management of banks and representatives of trade bodies to push export and import transactions in rupee. They want banks in India to connect with their foreign counterparts for opening special rupee vostro accounts to facilitate cross-border trade in the Indian currency rather than the popular mode of the US dollar.
Centre adding more services to Ayushman Bharat-Health and Wellness Centres
Ayushman Bharat-Health and Wellness Centres (AB-HWCs) programme of India has grown to more than 1.60 lakh centres and registered a footfall of over 178.87 crore (as of June end).
Daily Current Affairs Quiz: July 2023
Under the latest expansion spree, the Central government is adding services, including screening, prevention, control & management of non-communicable diseases, care for common ophthalmic & ENT problems, basic oral health care, elderly and palliative health care services, emergency medical services, and screening and management of mental health ailments.
The essential list of medicines and diagnostics has been expanded to make available 171 medicines at Primary HWCs and 105 at Secondary Health Care-HWC and 63 diagnostics at PHC-HWC.
Parth Salunkhe wins Youth World Championship 2023 in recurve category
Parth Salunkhe became the first male archer to win a gold in the recurve category at the Youth World Championships 2023.
Daily Current Affairs Quiz: July 2023
The 19-year-old from Satara in Maharashtra provided the perfect icing on the cake by defeating a Korean in the Under-21 men’s recurve individual final, in Limerick, Ireland on Sunday. Salunkhe, who topped the rankings round, prevailed over seventh seed Song Injun 7-3 (26-26, 25-28, 28-26, 29-26, 28-26) in a hard-fought five-setter.
With this medal, India finished with their highest-ever tally of 11 medals including six gold, one silver, and four bronze. Of the 11 medals India won, six were bagged in the U21 category – four gold and two bronze.
NHB operationalises ₹10,000-crore Urban Infrastructure Development Fund
National Housing Bank (NHB) has operationalized the Urban Infrastructure Development Fund (UIDF) with an initial corpus of Rs 10,000 crore.
Daily Current Affairs Quiz: July 2023
Finance Minister Nirmala Sitharaman in her 2023-24 Budget speech announced the setting up of the UIDF through the use of priority sector lending shortfall for the creation of urban infrastructure in Tier 2 and Tier 3 cities.
The interest rate on UIDF loans has been kept at Bank Rate minus 1.5%, i.e., 5.25% (at present). The loan (principal) will be repayable in 5 equal annual installments within 7 years from the date of withdrawal, including a moratorium period of two years while interest will be payable on quarterly basis.
Eligible projects:
- Focus will be on basic services like sewerage and solid waste management, water supply and sanitation, construction and improvement of drains/storm water drains, etc. and impact-oriented projects would be prioritised.
- The minimum size and maximum size of the project proposal shall be ₹5 crores (₹ 1 crore for northeast & hilly States) and ₹ 100 crore respectively.
- The fund shall not be utilised for any type of maintenance works or for administrative/establishment expenses.
- Further, housing, power and telecom, rolling stock like buses and trams, urban transport, health and education institutions would remain out of the purview of UIDF.
Peru declared National Emergency due to spike in Guillain-Barre Syndrome cases
Peru announced a state of national emergency in response to an increase in patients suffering from Guillain-Barre Syndrome (GBS), a neurological illness characterised by an unusual immune system attack on the nerve system.
Daily Current Affairs Quiz: July 2023
What in News?
- In reaction to the unexpected spike in Guillain-Barre Syndrome cases, Peruvian officials declared a 90-day national sanitary emergency.
- The emergency measures are also taken by the government which encompasses the procurement of intravenous immunoglobulin and human albumin as well as the implementation of specialized diagnostics for identifying the biological agents associated with the syndrome.
- Arrangements are also being made for air-assisted transportation of patients in critical or emergency conditions.
- At least 18 of the country’s 24 departments and one constitutional province have reported at least one case of Guillain-Barre Syndrome, according to the official document.
Guillain-Barre Syndrome:
- Guillain-Barre Syndrome, according to the National Institute of Neurological Disorders and Stroke (NIH), is a neurological disorder characterised by an unusual immune system response that incorrectly assaults the nervous system.
- Guillain-Barre Syndrome can manifest in various degrees of severity, ranging from mild cases with brief episodes of weakness to more severe instances of paralysis.
- In GBS, symptoms may progress gradually over a span of hours, days, or weeks eventually rendering certain muscles non-functional.
What can cause Guillain-Barre Syndrome:
- GBS is usually triggered by a viral or bacterial infection. Rarely, viral or bacterial components look similar to body’s protein. When this happens, immune system become confused and starts to attack the body. When the nerves are attacked by immune system this results in GBS.
Symptoms of Guillain-Barre Syndrome:
- Numbness or tingling in the hands or feet.
- Back pain.
- Muscle weakness (usually starts in the feet and moves upward.)
- Difficulty in breathing.
- Swallowing
- Heart rate and blood pressure problems.
Treatment of Guillain-Barre Syndrome:
Guillain-Barre Syndrome does not have a cure but there are two treatments which can reduce the severity of GBS i.e. Plasma Exchange and Intravenous Immunoglobulin Therapy.
- Plasma exchange entails taking a portion of blood with a catheter and returning it after the plasma has been removed.
- Intravenous Immunoglobulin Therapy involves injecting immunoglobulin which are naturally produced protein by immune system to combat infecting organisms.
- In addition to these treatments, special cure in addressing the various complications during paralysis is necessary.
- Even after the full recovery with GBS, some patients may experience lingering weakness or long-term complications.
National Law University Delhi launches ‘Eklavya’
The National Law University (NLU) in Delhi recently launched a ground-breaking academic project dubbed ‘Eklavya’ – a Research Affiliate programme. This novel programme intends to deepen NLU Delhi’s commitment to collaboration while also utilising the knowledge and different viewpoints of individuals who do not hold standard law degrees. By actively seeking partnerships outside the university, NLU Delhi intends to develop high-quality legal scholarship that encompasses a broader range of experiences and knowledge.
Daily Current Affairs Quiz: July 2023
Eligibility Criteria
To be eligible for the ‘Eklavya’ Research Affiliate programme, applicants must meet the following criteria:
- Have at least three years of demonstrated experience working on challenges with a substantial legal interactions.
- Completion of an undergraduate degree at least three years prior to the application.
- Full-time or part-time employees require approval from their current organization or institution.
- Self-employed individuals, freelancers, or independent consultants must provide a declaration stating their professional status.
Benefits and Opportunities
NLU Delhi aims to narrow the divide between legal academia and individuals involved in diverse aspects of the law beyond the University. By participating in the ‘Eklavya’ Research Affiliate programme, individuals gain access to a range of benefits and opportunities, including:
- Collaboration: Engage with faculty, researchers, and scholars at NLU Delhi to build multidisciplinary research collaborations.
- Mentorship: Receive guidance and mentorship from experienced academics and legal experts affiliated with NLU Delhi.
- Resources: NLU Delhi has comprehensive library resources and research facilities.
- Networking: Connect with a diverse community of legal professionals, policymakers, and researchers through seminars, conferences, and workshops.
Publication Opportunities: Contribute to the advancement of legal scholarship by writing research papers, articles, and publications. - Recognition: Enhance your professional profile and receive recognition for your research contributions.