Current Affairs for RRB Scale 1 Mains 2019 and SBI PO 2019 | 11th July 2019 Current Affairs PDF at Smartkeeda

Directions: Study the following questions carefully and answer the questions given below.
1
Which of the following the countries has recently assured to support India's global ambitions including investments?
» Explain it
A
Hints to Remember

Who: Kuwait
What: supports India in countering terror as UN Security Council member
When: published on 4th July 2019

Gulf’s resource rich Kuwait has played a key role as a non-permanent member of the UN Security Council (UNSC) in declaring JeM chief Masood Azhar a global terrorist and earlier an equally important role in UNSC condemnation of Pulwama terror strike.

Kuwait that completes its two year term as the non-permanent member in the UNSC has assured to play an important role in supporting India’s global ambitions including investments.

For the complete information kindly visit given link:

https://economictimes.indiatimes.com/news/defence/kuwait-supports-india-in-countering-terror-as-un-security-council-member/articleshow/70066334.cms
2
Who among the following was recently nominated to become the first woman to lead the ECB (European Central Bank)?
» Explain it
D
Hints to Remember

Who: Christine Lagarde
What: Nominated To Become First Female President Of European Central Bank
When: published on 28th June 2019

As the managing director of the International Monetary Fund, Christine Lagarde is already one of the world’s most powerful women. But now she’s poised to assume even more influence: On Tuesday, European leaders nominated Lagarde to become the next president of the European Central Bank.

Lagarde’s nomination was announced in a tweet by European Council president Donald Tusk following a meeting between leaders that has lasted since Sunday. While her appointment still needs to be confirmed by the European Parliament—Tuesday’s vote, from the heads of European states, is the first step—the nomination sets her up to be the first female head of European monetary policy.

For the complete information kindly visit given link:

https://www.forbes.com/sites/maggiemcgrath/2019/07/02/imf-head-christine-lagarde-nominated-to-run-the-european-central-bank/#24c37e465826
3
Which of the following banks has recently announced to pull out of global equities sales and trading to scale back investment banking?
» Explain it
C
Hints to Remember

Who: Deutsche Bank
What: will exit global equities business and slash 18,000 jobs in sweeping overhaul
When: published on 8th July 2019

Deutsche Bank announced Sunday that it will pull out of global equities sales and trading, scale back investment banking and slash thousands of jobs as part of a sweeping restructuring plan to improve profitability.

Deutsche will cut 18,000 jobs for a global headcount of around 74,000 employees by 2022. The bank aims to reduce adjusted costs by a quarter to 17 billion euros ($19 billion) over the next several years.

The German bank's decision to scale back investment banking comes just two days after investment banking chief Garth Ritchie stepped down by "mutual agreement."

For the complete information kindly visit given link:

https://www.cnbc.com/2019/07/07/deutsche-bank-will-exit-its-global-equities-business-and-scale-back-investment-bank.html
4
Which of the following states has recently been adjudged as one of the country's five best performing states in 'Beti Bachao, Beti Padhao', a central scheme aimed at addressing declining child sex ratio and issues of women empowerment?
» Explain it
C
Hints to Remember

Who: Uttarakhand
What: among best performing states for 'Beti Bachao, Beti Padhao' scheme
When: published on 6th July 2019

Uttarakhand has been adjudged as one of the country's five best performing states in 'Beti Bachao, Beti Padhao', a central scheme aimed at addressing declining child sex ratio and issues of women empowerment.

The state will be felicitated, along with the other selected states, in recognition of its consistent performance in respect of sex ratio at birth, according to a letter from the Union Ministry of Women and Child Development.

Consistent performance in respect of SRB indicates that the 'Beti Bachao, Beti Padhao' scheme is gaining ground, the letter added.

For the complete information kindly visit given link:

https://www.moneycontrol.com/news/economy/policy/beti-bachao-beti-padhao-scheme-uttarakhand-among-best-performing-states-4178301.html
5
Which of the following banks has recently acquired a 9.47% stake of Eveready Industries India by invoking shares pledged by McLeod Russel?
» Explain it
B
Hints to Remember

Who: YES Bank
What: acquires 9.47% stake in Eveready by invoking pledged shares
When: published on 5th July 2019

YES Bank has acquired a 9.47 per cent stake in Eveready Industries India, part of the B M Khaitan group, by invoking pledged shares.

The shares were acquired on invocation of pledge subsequent to default/breach of terms of credit facilities sanctioned by YES Bank to McLeod Russel India, which is a B M Khaitan group company, the private lender said in an intimation to the stock exchanges on Thursday.

The bank said it had acquired 6,880,149 shares having a nominal value of Rs 5 per share constituting 9.47 per cent of the post-issue paid-up share capital. However, sources indicated the lender would be paid off once the deal for a stake sale in Eveready went through. Promoter holding in Eveready was at 44.11 per cent, according to the March quarter filing.

For the complete information kindly visit given link:

https://www.business-standard.com/article/companies/yes-bank-invokes-pledged-shares-pact-picks-9-47-stake-in-eveready-119070401310_1.html


Important Current Affairs Questions and Answers: 11th July 2019
 
1. Russia Launches Soyuz Carrier Rocket with 33 Satellites from Vostochny Spaceport.
(11th July 2019 Current Affairs Quiz)

Russia successfully launched its Soyuz-2.1a carrier rocket on Friday with a hydrometeorological satellite and 32 small satellites, the Russian state space corporation Roscosmos said.

The rocket blasted off at 8.41 a.m. (local time) from the Vostochny spaceport in the Far Eastern Amur Region, it said in a statement.

Russia's Meteor-M No.2-2 hydrometeorological satellite was successfully put into a target orbit with a height of about 832 km, Roscosmos said in a live broadcast.

The satellite will be able to provide images of clouds, the surface of the Earth, ice and snow covers in the visible, infrared and microwave ranges.

2. Assam Govt. to develop over three hundred tourist spots.
(Important Current Affairs Quiz Of 11th July 2019)

Assam government has taken a step to develop 316 tourists spot in the state.

Participating in an AIR talk show, Managing Director of Assam Tourism Development Corporation Bhaskar Phukan said that 150 crore rupees will be spent to develop these locations under Axom Darshan.

Mr Phukan said that toilet, waste management, drinking water and waiting shades to be built or develop across the state in important locations.

He also said that stress has been given to generate employment opportunities in the tourism sector.

3. SBI slashes lending rates by 5 bps.
(Current Affairs Quiz of 11th July 2019)

State Bank of India (SBI), the country’s largest lender, reduced its benchmark lending rate by 5 bps across all loan tenures. The lender’s one-year marginal cost of funds based lending rate (MCLR) will be 8.4% compared with 8.45% from Wednesday.

“Interest rates on all loans linked to MCLR stand reduced by 5 bps with effect from 10th July 2019. This is the third rate cut in the current financial year. With today’s MCLR cut, the reduction in the home loan rates since April 10, 2019 is 20 bps,” SBI said.

The move comes after RBI decided to cut its repo rate by 25 bps last month. RBI has reduced the repo rate by 75 bps in 2019.

ICICI Bank had reduced its MCLR 10 bps earlier this month. The one-year MCLR of ICICI Bank is 8.65% while HDFC Bank’s one year MCLR is 8.7%.

4. Beryllium-7 was identified for predicting monsoon.
(Latest Current Affairs Capsule of 11th July 2019)

It measures how much of isotope Berylium-7 is in the air Prediction of monsoon has been a tricky business, but scientists may have finally cracked the code. By the looks of it, a more accurate way of predicting monsoons could be within grasp.

Knowing when the rains will arrive is important for farmers, for planning their next crop.

The traditional way of forecasting monsoon has been by the application of statistical tools on historical rain data for broad predictions, which is not very accurate. Forecast of weather parameters such as temperature, humidity and the arrival of rains can be measured only days before. This is not very useful since farmers need to plan well in advance.

5. France decided to impose green tax up to €18 on plane tickets from 2020.
(Most Important Current Affairs Capsule of 11th July 2019)

The French government is to impose a tax of up to €18 on plane tickets for all flights from airports in France to fund less-polluting transportation projects, a Minister said on Tuesday.

The move, which will take effect from 2020, will see a tax of €1.5 imposed on economy-class tickets on internal flights and those within Europe, with the highest tariff applied to business-class travellers flying outside the bloc, Transport Minister Elisabeth Borne said.

The new measure is expected to bring in some €182 million a year which will be invested in greener transport infrastructures, notably rail, she said, adding that it will only be applied on outgoing flights and not those flying into the country.

6. YES Bank acquires 9.47% stake in Eveready by invoking pledged shares.
(Top 10 Objective Current Affairs Quiz of 11th July 2019)

YES Bank has acquired a 9.47 per cent stake in Eveready Industries India, part of the B M Khaitan group, by invoking pledged shares.

The shares were acquired on invocation of pledge subsequent to default/breach of terms of credit facilities sanctioned by YES Bank to McLeod Russel India, which is a B M Khaitan group company, the private lender said in an intimation to the stock exchanges on Thursday.

The bank said it had acquired 6,880,149 shares having a nominal value of Rs 5 per share constituting 9.47 per cent of the post-issue paid-up share capital. However, sources indicated the lender would be paid off once the deal for a stake sale in Eveready went through. Promoter holding in Eveready was at 44.11 per cent, according to the March quarter filing.

7. Uttarakhand among best performing states for 'Beti Bachao, Beti Padhao' scheme.
(Daily Current Affairs Quiz of 11th July 2019)

Uttarakhand has been adjudged as one of the country's five best performing states in 'Beti Bachao, Beti Padhao', a central scheme aimed at addressing declining child sex ratio and issues of women empowerment.

The state will be felicitated, along with the other selected states, in recognition of its consistent performance in respect of sex ratio at birth, according to a letter from the Union Ministry of Women and Child Development.

Consistent performance in respect of SRB indicates that the 'Beti Bachao, Beti Padhao' scheme is gaining ground, the letter added.

8. Deutsche Bank will exit global equities business and slash 18,000 jobs in sweeping overhaul.
(Latest Current Affairs IN Short of 11th July 2019)

Deutsche Bank announced Sunday that it will pull out of global equities sales and trading, scale back investment banking and slash thousands of jobs as part of a sweeping restructuring plan to improve profitability.

Deutsche will cut 18,000 jobs for a global headcount of around 74,000 employees by 2022. The bank aims to reduce adjusted costs by a quarter to 17 billion euros ($19 billion) over the next several years.

The German bank's decision to scale back investment banking comes just two days after investment banking chief Garth Ritchie stepped down by "mutual agreement."

9. Christine Lagarde Nominated To Become First Female President Of European Central Bank.
(Daily Current Affairs Questions and Answers of 11th July 2019)

As the managing director of the International Monetary Fund, Christine Lagarde is already one of the world’s most powerful women. But now she’s poised to assume even more influence: On Tuesday, European leaders nominated Lagarde to become the next president of the European Central Bank.

Lagarde’s nomination was announced in a tweet by European Council president Donald Tusk following a meeting between leaders that has lasted since Sunday. While her appointment still needs to be confirmed by the European Parliament—Tuesday’s vote, from the heads of European states, is the first step—the nomination sets her up to be the first female head of European monetary policy.

10. Kuwait supports India in countering terror as UN Security Council member.
(Current Affairs Questions and Answers of 11th July 2019)

Gulf’s resource rich Kuwait has played a key role as a non-permanent member of the UN Security Council (UNSC) in declaring JeM chief Masood Azhar a global terrorist and earlier an equally important role in UNSC condemnation of Pulwama terror strike.

Kuwait that completes its two year term as the non-permanent member in the UNSC has assured to play an important role in supporting India’s global ambitions including investments.
____________________

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We at www.smartkeeda.com provide you with top 11th July. 2019, 11 July Current Affairs Questions and Answers of the day with their detailed explanation with hints to remember GA facts and figures.

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