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July 22, 2017

22nd July 2017 Important Daily Current Affairs

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Dear Great Ambitionists, here are today's (22nd July 2017) Important Current Affairs updates. Happy Reading :)

Daily Current Affairs of 22nd July 2017

International Current Affairs
  • The United States today announced that the government will ban citizens from traveling to North Korea due to "the serious risk of arrest".
  • Insurance giant Swiss Re is preparing an insurance policy for the Mesoamerican Reef in Mexico to prevent its further deterioration.
    • Under the scheme, which is the first for a natural structure, the premiums will be paid by
      hotels and government, and money to pay for the repair of the reef will be released if a storm strikes.
  • The US Defence Department today announced that it will not make military reimbursements to Pakistan for 2016 fiscal. 
    • This comes after US Defence Secretary Jim Mattis said that Pakistan had not taken sufficient action against the Afghan insurgent group Haqqani Network. 
    • Note : Earlier, the US Senate had voted to impose tougher conditions on defense aid to Pakistan.
National Current Affairs
  • The government is pro-actively considering having two separate time zones in the country.
    • This came after Odisha MP B Mahtab raised the issue and said that there was a gap of nearly two hours in the sunrise between the eastern and western regions of the country.
  • The government has said that India has less than 1 doctor for every 1,000 people, which is less than the World Health Organisation standard. 
    • Around 8.18 lakh doctors may be available for active service, giving a doctor-population ratio of 0.62:1000, the Minister of State for Health Anupriya Patel said. 
    • Note : The WHO prescribes a ratio of 1:1000.
New Appointments
  • Ministry of External Affairs Spokesperson Gopal Baglay was appointed as Joint Secretary in the Prime Minister's Office (PMO) today. 
    • He will have the tenure of 3 years. 
    • He is going to replace Vinay Mohan Kwatra, who has been named as India's Ambassador to France
  • Sanjay Kothari, a 1978-batch IAS officer of Haryana cadre, has been appointed as the Secretary to President-elect Ram Nath Kovind
    • Senior journalist Ashok Malik has been appointed as the Press Secretary to Kovind. 
  • The Deputy President of the UK Supreme Court, Brenda Hale has been appointed as the first female president of the UK supreme court.
Banking, Business & Economic Affairs
  • Finance Minister Arun Jaitley today said that the Financial year may soon begin from January in sync with the calendar year.
    • Important Note : In May, Madhya Pradesh became India's first state to shift its financial year format to January-December from the present April-March cycle.
  • The Reserve Bank of India (RBI) has refused to deposit cash of over ₹200 crore in old notes from 31 district central cooperative banks in Maharashtra. 
    • RBI argued that the cooperative banks collected the notes after they were demonetised, but the banks claim they were collected before. 
  • For a 4th consecutive year, US retail giant Walmart has topped the 2017 Fortune Global 500 list with a revenue of $486 billion.
    • Important Points to Note
      • 7 Indian companies were featured in this list. 
      • Indian Oil, with revenues of over $53 billion in previous fiscal, is the highest ranked Indian company and placed 168th globally. 
Sports Current Affairs
  • Taking India's medals tally to three, the Indian para-athlete Karamjyoti Dalal won a Bronze Medal in discus throw at the ongoing World Para Athletics Championships today.
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