4 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 4 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 4 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 – 4 July 2023
International Day of Cooperatives 2023: Date, Theme, Significance and History
The International Day of Cooperatives is observed on July 1st and celebrated on the first Saturday of the month. This significant event brings together people, communities, and organisations from all over the world to recognise the amazing impact of cooperative companies. By joining forces, we recognize and appreciate the power of collaboration, which has positively impacted numerous lives and shaped communities on a global level.
Daily current affairs quiz: July 2023
This day aims to acknowledge the contributions of cooperatives to resolve some of the major international issues that have drawn the attention of the United Nations. The day also aims to strengthen and extend partnerships between the international cooperative movement and other outfits of social development.
International Day Of Cooperatives 2023 Theme
The theme of the 2023 International Day of Cooperatives is “Cooperatives for Sustainable Development.” Under this theme, International Labour Organisation Director Gilbert F. Houngbo invites us to recognise the critical role that cooperatives play in achieving sustainable development goals. It serves as a call to action, urging us to utilize the strength of collaboration to tackle urgent global challenges.
International Day Of Cooperatives Significance
The International Day of Cooperatives holds great significance as it serves as a global platform to recognize and celebrate the remarkable contributions of cooperative enterprises. It highlights the transformative power of cooperation in addressing societal challenges and fostering sustainable development. The observance of this day promotes awareness about the cooperative movement’s values, principles, and positive impacts on individuals, communities, and economies worldwide. It emphasizes the importance of collective action, equality, empowerment, and inclusive decision-making. By commemorating this day, we acknowledge and appreciate the significant role cooperatives play in building a more just, equitable, and sustainable world.
International Day Of Cooperatives History
The International Day of Cooperatives has its roots in the early twentieth century, when the cooperative movement gained traction on a global scale. In 1923, the International Cooperative Alliance (ICA), an international umbrella organization representing cooperative enterprises, established the first International Cooperative Day.
Initially celebrated on the first Saturday of July each year, the day aimed to commemorate the values and principles of cooperation. Over time, the event evolved and was renamed as the International Day of Cooperatives. Since 1995, it has been observed annually on July 1st.
British children’s writer Michael Rosen awarded the PEN Pinter Prize 2023
Renowned children’s writer and performance poet, Michael Rosen, aged 77, has been honored with the esteemed PEN Pinter Prize 2023. This renowned prize is given to a writer from the United Kingdom, Ireland, or the Commonwealth whose body of work courageously discovers and illuminates facts about modern-day reality.
Daily current affairs quiz: July 2023
Who is Michael Rosen?
Michael Rosen, who served as the British Children’s Laureate from 2007 to 2009, is celebrated for his efforts to make poetry engaging and relatable to children through his works and performances. His poetry explores social, political, and ethical issues. Rosen tackles migration from a variety of perspectives in his book “On the Move: Poems about Migration,” which will be released in 2020. Divided into four sections, the collection draws from his own family’s experiences and offers a global perspective on the ongoing migration movements across Europe, both in contemporary times and throughout history.
Rosen’s most well-known works
Michael Rosen has authored several acclaimed books, including “You Can’t Catch Me” (1982), which received the Signal Poetry Award. Another notable work is “You Wait Till I Am Older Than You” (1996), along with “Rover” (2007) and “Fantastic Mr Dahl” (2012), which explores the life and writings of Roald Dahl. One of his most beloved picture books, “We’re Going on a Bear Hunt” (1989), illustrated by Helen Oxenbury, has become a timeless tale of triumphing over challenges. This book has sold over nine million copies worldwide and has received significant awards such as the Nestlé Smarties Book Prize.
About the PEN Pinter Prize 2023
PEN Pinter Prize 2023 is given to a writer from the UK, Ireland and the Commonwealth whose work is committed to a fearless exposition of truth about contemporary life. The prize is shared with an international writer of courage selected by English PEN’s Writers at Risk Committee in association with the winner. This half of the prize is awarded to someone who has been persecuted for speaking out about their beliefs. Some of the previous award-winning writers are Malorie Blackman(2022), Tsitsi Dangarembga (2021) Hanif Kureishi (2010), Salman Rushdie (2014), and Lemn Sissay (2019).
Yuki Bhambri thrilled with maiden ATP doubles title
Introduction
Indian tennis player Yuki Bhambri made a remarkable breakthrough in his career by capturing his maiden title on the ATP World Tour. Bhambri won the doubles title at the Mallorca Championships alongside South African player Lloyd Harris. In a thrilling final on the grass courts, the Indo-South African couple demonstrated tremendous talent and resilience to upset the Dutch-Austrian pair of Robine Hasse and Philipp Oswald. This victory serves as a significant milestone for Bhambri, whose singles career has been hampered by injuries. By transitioning to doubles, Bhambri aims to prolong his tennis career and make a mark in the competitive world of doubles tennis.
Daily current affairs quiz: July 2023
Straight Sets Victory on Grass
Bhambri and Harris demonstrated their proficiency on grass courts by claiming a straight-sets victory in the final. The duo showcased excellent shot selection, precise net play, and solid groundstrokes throughout the match. They outmaneuvered their opponents, executing a variety of strategic shots to maintain control of the match. The 6-3, 6-4 score against the Dutch-Austrian pair of Robine Hasse and Philipp Oswald in the final match highlights the pair’s dominance and their ability to stay composed under pressure.
Career-Best Ranking for Bhambri
With this momentous win, Yuki Bhambri will experience a significant boost in his ranking. Currently positioned at 75 in the world, the Indian tennis star is set to achieve a career-best ranking of 58. This achievement not only reflects Bhambri’s remarkable progress but also serves as a testament to his hard work and dedication to the sport. The increased ranking will provide him with greater opportunities to compete at prestigious tournaments and face top-ranked players.
Key takeaways for competitive examinations
- Yuki Bhambri is the first Indian to win the junior Australian Open title.
- Lloyd Harris is ranked World’s No. 31 in singles by the Association of Tennis Professionals.
- Andrea Gaudenzi, an Italian former tennis player is the current chairman of the Association of Tennis Professionals(ATP).
Tamil Nadu regained the top spot in electronic exports in India
Introduction
Tamil Nadu has restored its status as India’s leader in electronic exports, which is a noteworthy accomplishment. The state’s electronic exports, valued at USD 5.37 billion in the fiscal year 2022-23, now account for 23% of the electronics market. This remarkable growth can be attributed to various factors such as the establishment of major manufacturing facilities by Tata Electronics and the implementation of Indian government’s production-linked incentives for electronic manufacturing.
Daily current affairs quiz: July 2023
Steady Growth in Exports
The export data reveals a consistent upward trend in Tamil Nadu’s electronic exports. Despite challenges posed by the pandemic, the state witnessed a growth rate of 1.6% in the 2020-21 financial year, followed by 1.8% in 2021-22. Notably, in the latest fiscal year, 2022-23, the growth rate jumped to an impressive 5.3%. With this considerable increase in exports, Tamil Nadu has surpassed other notable states such as Uttar Pradesh, Karnataka, and Maharashtra.
- Growth Rate of Tamil Nadu per financial year:
| Financial Year | Growth Rate (In Percentage) |
| 2020-21 | 1.6% |
| 2021-22 | 1.8% |
| 2022-23 | 5.3% |
Factors Driving Growth
Several key factors have contributed to Tamil Nadu’s resurgence in electronic exports. First and foremost, the establishment of major manufacturing facilities by industry giants like Tata Electronics and Pegatron has played a vital role. These investments are part of China’s plus one policy, which seeks to diversify supply chains and lessen reliance on a single country. Additionally, the Indian government’s production-linked incentives for electronic manufacturing have incentivized companies to set up or expand their operations in Tamil Nadu.
Promoting Innovation and Entrepreneurship
‘Guidance Tamil Nadu‘, the government’s nodal agency for investment promotion, highlighted the state’s commitment to fostering innovation, attracting investments, and nurturing entrepreneurship in the electronic sector. By actively encouraging research and development, providing support for startups, and promoting skill development programs, Tamil Nadu has created an ecosystem conducive to technological advancements and business growth.
Key takeaways for competitive examinations
- ‘Guidance Tamil Nadu’ is the investment promotion agency of the Government of Tamil Nadu founded in 15 July 1992. It is constituted to reach out to prospective investors and make them invest in the state of Tamil Nadu.
- M. K. Stalin is the Chief Minister of Tamil Nadu.
Tushar Mehta reappointed as Solicitor General of India
Introduction
The Appointments Committee of Cabinet (ACC) has reappointed Tushar Mehta, the incumbent Solicitor General of India, for a three-year term. Mehta’s reappointment, along with that of six other law officers, was announced after their previous Supreme Court tenure ended. The ACC’s decision reflects the government’s trust in their capabilities to handle the extensive legal matters faced by the country.
Daily current affairs quiz: July 2023
Extension of Term for Additional Solicitor Generals
In addition to Tushar Mehta, six other law officers have been granted extensions as Additional Solicitor Generals (ASGs) in the Supreme Court, however their duration of terms are yet to be issued. These ASGs include Vikramjeet Banerjee, KM Nataraj, Balbir Singh, Suryaprakash V Raju, N Venkatraman, and Aishwarya Bhati. The ACC’s decision to prolong their tenure emphasises the value of their expertise and contributions to the government’s defence in complicated legal cases.
Solicitor General’s Role
As the highest law officer in the country after the Attorney General, the Solicitor General plays a crucial role in representing the government’s interests in various legal matters. Tushar Mehta has been serving as the Solicitor General since October 2018, and his reappointment demonstrates the government’s satisfaction with his performance during his tenure. The office of the Solicitor General handles a significant portion of the central government’s litigation across the country, making it a vital position in the legal system.
Key takeaways for competitive examinations
- Appointments Committee of the Cabinet (ACC) was formed on January 26, 1950.
- Union Minister for ACC is Amit Shah.
- Narendra Modi is the Chairperson of ACC.
- Solicitor General is the second-highest law officer of the country.
- R. Venkataramani is the current Attorney General for India.
NCP Leader Ajit Pawar Sworn In As Deputy Chief Minister of Maharashtra
Nationalist Congress Party (NCP) leader Ajit Pawar, who took oath as the Deputy chief minister of Maharashtra after joining the Eknath Shinde-led government, is the son of Sharad Pawar’s elder brother Anantrao. In 1982, he was elected to the board of a sugar cooperative, his first step into politics.
Daily current affairs quiz: July 2023
Rising through the Ranks: Ajit Pawar’s Political Career in Maharashtra
In 1991, Ajit became the chairman of Pune District Cooperative Bank, a post he served for the next 16 years. Ajit was elected to the Lok Sabha from Baramati in 1991 and later relinquished the seat to make way for Sharad Pawar, the defence minister in the P.V. Narasimha Rao government. Later, he was elected to the Maharashtra Legislative Assembly (MLA) from the Baramati Assembly Constituency.
Ajit Pawar’s Success in Baramati Assembly Constituency
By Pawar’s side since 1991-’92, he harboured dreams of being the heir apparent after Pawar broke away from the Congress to form the NCP in 1999. He was elected MLA from the Baramati Assembly Constituency in 1995, 1999, 2004, 2009, and 2014, with a vote margin of 1,65,265 votes. Ajit was elevated to the Cabinet minister rank in Maharashtra at the age of 40 in 1999 after having served as a junior minister for over nine years.
He has taken charge of some heavyweight ministries such as Irrigation, rural development, water resources, and finance that helped him spread his clout throughout the state, including his own pocket borough of west Maharashtra.
Ajit Pawar’s Demands and the Parth Pawar Controversy
In 2019, problems cropped up between uncle and nephew as Ajit demanded that his son Parth be fielded from Maval constituency. It was said that NCP supremo Sharad Pawar had dropped his plans to contest Lok Sabha elections from Madha constituency to make way for Parth to contest from Maval.
Important takeaways for all competitive exams:
- Maharashtra Chief minister: Eknath Shinde;
- Maharashtra Capital: Mumbai;
- Maharashtra Governor: Ramesh Bais.
Indian wins Gold and Bronze medals at the Asian Squash Mixed Doubles 2023
India’s squash players, Dipika Pallikal Karthik and Harinderpal Singh Sandhu, showcased their excellence by clinching the gold medal at the Asian Squash Mixed Doubles Championships in Huangzhou.
India’s campaign at the championship saw another shining moment as Anahat Singh and Abhay Singh partnered together to claim a bronze medal.
Daily current affairs quiz: July 2023
They faced a tough semifinal battle against Malaysia’s Ivan Yuen and Rachel Arnold. Ivan and Rachel, however, were handed a defeat by the experienced Indian duo of Dipika and Sandhu who won a hard-fought contest 11-10, 11-8 to clinch the title.
It was not an easy road to the final for the Indian duo who overcame the top-seeded Malaysian pair of Aira Azman and Shafiq Kamal in the quarters, while in the semifinal they ousted Pakistan’s Tayyab Aslam and Faiza Zafar. Iran, Hong Kong and hosts China participated in the six-nation tournament which was held for the first time here to promote the sport in the region.
India’s External Debt reaches $624.7 billion in End-March 2023
India’s external debt has increased marginally to $624.7 billion annually in end-March 2023, although the debt-GDP ratio declined.
Daily current affairs quiz: July 2023
The external debt increased by $5.6 billion from $619.1 billion at end-March 2022.
Valuation gains due to the appreciation of the US dollar compared to the Indian rupee and major currencies were placed at $20.6 billion. Excluding the valuation effect, external debt would have increased by $26.2 billion instead of $5.6 billion in March 2023.
HM approves release of ₹6,194 crore disaster relief fund to 19 States
Union Home Minister Amit Shah approved the release of Rs 6,194.40 crore to 19 states under the State Disaster Response Fund (SDRF).
Daily current affairs quiz: July 2023
The amount includes Rs 1,209.60 crore as a central share of the SDRF to four states (Chhattisgarh, Meghalaya, Telangana, and Uttar Pradesh) for 2022-23.
Rs 4,984.80 crore will also be given to 15 states (Andhra Pradesh, AP Assam, Bihar, Goa, Haryana, HP, Kerala, Maharashtra, Manipur, Meghalaya, Odisha, Punjab, TN, and Tripura).
SBI gives ₹22 crore to IIT-Bombay for data analytics, AI capabilities
The State Bank of India (SBI), through its CSR arm SBI Foundation, has pledged a grant of ₹22.5 crore to the Indian Institute of Technology, Bombay (IIT-B).
Daily current affairs quiz: July 2023
Reason: To establish a Banking Data and Analytics Hub at IIT-B.
The focus of the Hub will be to address the unique challenges faced by the Indian banking and financial services sector. The collaboration aims to leverage SBI’s extensive experience in banking and IIT Bombay’s research expertise.