Daily Current Affairs for BBA & HM Exam: 1st July 2022

By Anupam Kawde|Updated : July 1st, 2022
  • Current Affairs plays a vital role in the preparation of BBA and other HM exams. Current Affairs keep you updated about the happenings around the world. The majority of questions asked in the exam are from the latest current affairs. 
  • Current Affairs not only keeps you up to date but also provides you a better perspective and knowledge about the important burning issues worldwide.

 National & International Appointments

1. Eknath Shinde sworn-in as the new Chief Minister of Maharashtra

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  • Governor, Bhagat Singh Koshyari has administered the oath of office to Eknath Shinde as the 20th Chief Minister of Maharashtra.
  • BJP leader, Devendra Fadnavis was sworn-in as Deputy Chief Minister of the state.
  • Devendra Fadnavis had served as the CM of Maharashtra from 2014-19.
  • Shinde has served as the urban development minister in the previous Maha Vikas Aghadi government.
  • Maharashtra Vidhan Sabha - 288 seats; Lok Sabha - 48 seats; Rajya Sabha - 19 seats

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 Sports

2. Neeraj Chopra clinches Silver medal at prestigious Diamond League meet

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  • Javelin thrower, Neeraj Chopra has clinched silver medal with a massive throw of 89.94 meter, at the prestigious Diamond League meet in Stockholm.
  • He broke his own national record (89.30m) for the second time in a month.
  • Anderson Peters (Grenadian athlete) won gold medal with a best throw of 90.31 meter.
  • Earlier, he clinched silver at Paavo Nurmi Games in Turku (Finland).
  • Neeraj Chopra is the first Indian to win a gold medal in athletics at the Olympics (Tokyo).

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 National Affairs

3. Ban on Single Use Plastic comes into force in the country from July 1, 2022

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  • The government of India has banned the single-use plastic from July 1, 2022.
  • As per the notification on August 12, 2021, the government has prohibited the manufacture, import, stocking, distribution, sale, and use of all identified single-use plastic items, which have low utility and high littering potential with effect from July 1, 2022.
  • Currently, Polyethylene terephthalate (PET) bottles do not fall under this category.
  • Ministry of Environment: Bhupender Yadav

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 Important Dates

4. National Doctor’s Day 2022: 1st July

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  • National Doctors’ Day has observed annually on July 1 in India by the Indian Medical Association (IMA), to highlights the contributions of doctors in society.
  • Theme 2022: “Family Doctors on the Front Line."
  • First time, this day celebrated in 1991 on July 1 to honour Dr Bidhan Chandra Roy, whose birth and death anniversary, both fall on July 1.
  • B C Roy has also become the Chief Minister of West Bengal from 1948 till his death in 1962.

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 Sports

5. Adani Sportsline become the principal sponsor of Indian Olympic Association

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  • Adani Sportsline has become the principal sponsor with the Indian Olympics Association (IOA) for the upcoming games, Birmingham Commonwealth 2022, Hangzhou Asian Games 2022, and Paris Olympic 2024.
  • This is the second time that the Adani Group has collaborated with IOA after the Tokyo Olympics.
  • Over 28 athletes have been supported by the Adani Sportsline's athlete support initiative, #GarvHai, across a variety of sports. 

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 National Affairs

6. FM Nirmala Sitharaman releases the Business Reform Action 2020 in New Delhi

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  • Finance Minister, Nirmala Sitharaman has released the Business Reform Action Plan (BRAP)- 2020 in New Delhi.
  • Top Achievers: Andhra Pradesh, Gujarat, Haryana, Karnataka, Punjab, Telangana and Tamil Nadu.
  • Achievers category: Himachal Pradesh, Madhya Pradesh, Maharashtra, Odisha, Uttarakhand and Uttar Pradesh
  • Aspirers category: Assam, Chhattisgarh, Goa, Jharkhand, Kerala, Rajasthan and West Bengal.

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 Agreement

7. CCI approves Google’s proposed stake buy in Bharti Airtel

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  • The Competition Commission of India (CCI) has approved Google International LLC’s proposed acquisition of a minority and non-controlling stake of 1.28% of equity capital of Bharti Airtel Limited (target).
  • Along with this investment agreement, both companies have also entered into certain commercial deals through their affiliates.
  • Google International LLC is a wholly-owned subsidiary of Google LLC, latter is a wholly-owned subsidiary of Alphabet Inc.

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 Banking & Finance

8. World Bank approves $1 Billion to support India’s Health Sector

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  • The World Bank has approved two complementary loans of $500 million each to enhance and support India’s health sector.
  • This $1 Billion financing will support India’s flagship Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM).
  • This scheme was launched in October 2021.
    Aim of scheme: To improve the public healthcare infrastructure across the country.
  • Loan prioritize statesAndhra Pradesh, Kerala, Meghalaya, Odisha, Punjab, Tamil Nadu, and UP.

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 National Affairs

9. PM Narendra Modi participates Udyami Bharat programme

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  • PM Narendra Modi has participated in the ‘Udyami Bharat’ programme and launched various key initiatives to ramp up the MSME sector.
  • Initiatives:
  • 1) Raising and Accelerating MSME Performance: Aims to scale up the implementation capacity and coverage of MSMEs
  • 2) Capacity Building of First-Time MSME Exporters: To encourage MSMEs to offer goods and services of international standards for the global market.
  • 3) Prime Minister’s Employment Generation Programme

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 Sports

10. Eoin Morgan announced his retirement from international cricket

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  • The captain of England’s men’s white-ball team, Eoin Morgan has announced his retirement from international cricket.
  • Under his captaincy, England Men has clinched their first-ever ICC Men’s Cricket World Cup trophy at Lord’s in 2019 .
  • He has also competed for England in the 2010 ICC Men’s T20 Cricket World Cup, which was held in the Caribbean.
  • He has scored the most runs for England Men overall and has received the most caps in all ODI and T20I games.

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 Banking & Finance

11. ICICIDirect launches learning app to teach finance, investment to Indians

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  • ICICI Securities has launched a learning app named ‘ICICIdirect iLearn’ with an aim to provide customers with easy access to learning  financial products and market topics.
  • This will help customers with this app to better assist them in their investment journey.
  • Currently, the app hosts more than 550 plus content pieces across various sections.
  • The app content will be updated on regular intervals on different topics.

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 Banking & Finance

12. Max Life launches Insta confirmation of insurance (Insta-COI)+

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  • Max Life Insurance Company Ltd has launched a smart solution, ‘Insta confirmation of insurance (Insta-COI)’+, to customers buying the ‘Max Life Smart Fixed-return Digital Plan’.
  • This is a non-linked, non-participating, individual life insurance savings plan on Max Life website or Policybazaar platform.
  • It enables intimation to the customer regarding the commencement of the risk cover pending release of the policy contract ensuring a quick and hassle-free onboarding.

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