Current Affairs for BANK, IBPS Exams - 26 July 2021

Bank Exam Current Affairs

Current Affairs for BANK, IBPS Exams - 26 July 2021


Green Sohra Afforestation Campaign launched in Sohra

  • The Union Home Minister ShriAmit Shah, on the second day of his Meghalaya visit, launched the Green Sohra Afforestation Campaign at Sohra (Cherrapunji)today. 
  • ShriAmit Shah also inaugurated the Greater Sohra Water Supply Scheme. On this occasion, Minister of DoNER, Shri G. Kishen Reddy, Minister of State for Science & Technology and Department of Space, Dr. Jitendra Singh, Minister of State (DoNER), Shri B.L. .Verma, Chief Minister of Meghalaya, Shri Conrad Sangma and senior officials of the Central and State Governments were also present.
  • ShriAmit Shah gave the slogan "Evergreen Northeast", underlining the importance of afforestation and tree plantation. The Home Minister said that earlier Cherrapunji used to have rains throughout the year, but due to indiscriminate harvesting in the name of development, the situation has changed. 
  • He said that an ambitious project to make Cherrapunji green again has started today. ShriAmit Shah informed that the entire area of Cherrapunji is going to be adopted by Assam Riflesfor the purpose of plantation. 
  • He said that trees are cut for fuel and other uses, so 80% of the total land will be planted with traditional and long lifespan trees, the remaining 20% will be used for animal feed, ornamental plants and nursery which will meet all the requirements and help reduce the felling of long lifespan trees.

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Bangladesh to launch 'Jogajog' alternative to Facebook

  • Bangladesh is going to create its own social media platform styled ‘Jogajog’, as an alternative to social media site Facebook, and ‘Alapon’, a platform to provide an alternative to WhatsApp.
  • State Minister for ICT Zunaid Ahmed Palak made the announcement on Saturday while addressing the inaugural ceremony of Entrepreneurship Masterclass Series 2 organized by Women e-Commerce.
  • “Through the Jogajog app, the entrepreneurs of the country will be able to create their own online marketplace and group for information, data, and communication,” he said.
  • According to the digital e-commerce policy of 2018, e-commerce, hardware, software and BPO sectors will be able to meet the target of creating more than 2 million jobs by 2021, he added.
  • Palak also hoped that it would be possible to earn $5 billion in export earnings from ICT by 2025.


India's foreign exchange reserves reached a record level of $ 612.73 billion

  • The country's foreign exchange reserves rose by USD 835 million to touch a record high of USD 612.73 billion in the week ended July 16, 2021, RBI data showed.
  • In the previous week ended July 9, 2021, the reserves had surged by USD 1.883 billion to USD 611.895 billion.
  • In the reporting week ended July 16, 2021, the increase in forex reserves was on account of the rise in foreign currency assets (FCA), Reserve Bank of India's (RBI) weekly data released on Friday showed.
  • The FCA, a major component of the overall reserves, rose by USD 463 million to USD 568.748 billion in the reporting week.
  • Expressed in dollar terms, foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.

NirmalaSitharaman says no plan to print currency notes to tide over crisis

  • Union finance minister NirmalaSitharaman said on Monday that the government has no plans to print currency notes to overcome the economic crisis faced by country due to the outbreak of the coronavirus disease (Covid-19).
  • She was asked a question by a member of the LokSabha about any such plans, to which Sitharaman replied "No Sir".
  • She said that India's Gross Domestic Product (GDP) contracted by approximately 7.3 per cent during 2020-21, but added that the fundamentals of the economy remain strong.
  • "The fundamentals of the economy remain strong as gradual scaling back of lockdowns, along with the astute support of Atmanirbhar Bharat Mission has placed the economy firmly on the path of recovery from the second half of FY 2020-21," said Sitharaman.
  • In March this year, the government had informed Parliament that ₹2,000 currency notes have not been printed in the last two years.

::Science and tech::

ISRO's merchandiser program begins with 8 companies

  • Organisation'scustomised space-themed merchandise programme in partnership with industry has taken off with multiple companies on board.
  • Now, one will be able to purchase authorised products connected to ISROs missions and work, such as scale models, T-shirts, mugs, space-themed educational games, science toys, and more. 
  • ISRO believes this brand promotion exercise can play a "game-changing" role in creating awareness and kindling interest of students, children and public, in the domain of space science & technology, and propagating its achievements.
  • "Eight companies have so far registered with ISRO on a non-exclusive basis with a registration fee regarding customised ISRO-theme based articles / models", an official of the Bengaluru headquartered space agency, under the Department of Space (DoS).


Tokyo 2020: Osaka and Djokovic extend bids for Olympic gold

  • Naomi Osaka has the hopes of the entire host nation resting on her. Novak Djokovic is attempting to accomplish something that no man has done before in tennis.
  • Osaka crushed winners off both wings — forehand and backhand — seemingly at will in a 6-3, 6-2 victory over 49th-ranked ViktorijaGolubic of Switzerland. Then Djokovic dispatched 48th-ranked Jan-LennardStruff of Germany 6-4, 6-3.

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