Current Affairs of the last week of July 2024 | Key vocabulary from Current Affairs

 

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Welcome to Beez Vita, your one-stop destination for the latest updates and insights on current affairs, particularly tailored for banking exam aspirants. In this blog post, we bring you a comprehensive roundup of the significant events from the last week of July 2024. Stay informed, stay ahead!

July 2024 Current Affairs Roundup

National Affairs

1. India to Host 2025 Men’s Asia Cup in T20 Format: This major announcement highlights India's growing prominence in the cricketing world. The tournament is set to attract cricket fans globally.

राष्ट्रीय समाचार

2. विश्व प्रकृति संरक्षण दिवस 2024: 30 जुलाई 2024 को विश्व प्रकृति संरक्षण दिवस मनाया गया, जिसमें प्राकृतिक संसाधनों की सुरक्षा पर जोर दिया गया।

International Affairs

3. Paris Olympics 2024: The medal tally for the ongoing Paris Olympics was updated, with India winning several medals as of July 30, 2024.

अंतर्राष्ट्रीय समाचार

4. शाह रुख खान को स्वर्ण पदकों से सम्मानित किया गया: 25 जुलाई 2024 को, शाह रुख खान पहले भारतीय अभिनेता बने जिन्हें स्वर्ण पदकों से सम्मानित किया गया।

Awards and Recognitions

5. CWC Wins GEEF Global WaterTech Award 2024: The Central Water Commission received this prestigious award on July 30, 2024, recognizing its innovations in water technology.

पुरस्कार और मान्यताएँ

6. अभिनव बिंद्रा को IOC द्वारा प्रतिष्ठित ओलंपिक ऑर्डर से सम्मानित किया गया: 23 जुलाई 2024 को, अभिनव बिंद्रा को अंतर्राष्ट्रीय ओलंपिक समिति द्वारा सम्मानित किया गया।

Banking and Economy

7. RBI Introduces PCA Framework to Improve Financial Health of UCBs: On July 27, 2024, the Reserve Bank of India introduced a Prompt Corrective Action framework for Urban Cooperative Banks.

बैंकिंग और अर्थव्यवस्था

8. कर्नाटक बैंक और आईसीआईसीआई लोम्बार्ड जनरल इंश्योरेंस की साझेदारी: 29 जुलाई 2024 को यह साझेदारी घोषित की गई।

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Vocabulary Words from Current Affairs

1. Tally (noun): A record or count of items.

   • Example: The medal tally for the Paris Olympics was updated.

2. Confer (verb): To grant or bestow.

   • Example: Jitendra Singh was conferred with an award.

3. Disqualification (noun): The state of being disqualified.

   • Example: Russell's disqualification led to Hamilton's victory.

4. Framework (noun): A basic structure underlying a system.

   • Example: RBI introduced a new framework for banks.

5. Universal (adjective): Relating to all people or things.

   • Example: A universal banking license is sought by AU Bank.

6. Partnership (noun): An arrangement to cooperate.

   • Example: Karnataka Bank partnered with ICICI Lombard.

7. Prestigious (adjective): Having high status.

   • Example: CWC won a prestigious award.

8. Conservation (noun): Protection of the environment.

   • Example: World Nature Conservation Day emphasizes this.

9. License (noun): A permit to do something.

   • Example: AU Bank is seeking a banking license.

10. Order (noun): An authoritative command.

    • Example: Bindra was awarded the Olympic Order.

11. Award (noun): A prize or recognition.

    • Example: Jitendra Singh received a lifetime achievement award.

12. Significance (noun): Importance.

    • Example: International Tiger Day emphasizes the significance of tiger conservation.

13. Announce (verb): To make known publicly.

    • Example: The upcoming Asia Cup was announced.

14. Disqualify (verb): To make ineligible.

    • Example: Russell was disqualified from the race.

15. Initiative (noun): A plan or strategy to deal with a problem.

    • Example: IndusInd Bank launched a new CSR initiative.

16. Recognize (verb): To acknowledge formally.

    • Example: Bindra was recognized by the IOC.

17. Implement (verb): To put into action.

    • Example: The new framework was implemented by RBI.

18. Collaborate (verb): To work together.

    • Example: Karnataka Bank collaborated with ICICI Lombard.

19. Achievement (noun): A thing done successfully.

    • Example: Jitendra Singh's achievements were honored.

20. Host (verb): To organize an event.

    • Example: India will host the 2025 Men’s Asia Cup.

21. Launch (verb): To start or introduce something new.

    • Example: IndusInd Bank launched a CSR initiative.

22. Secure (verb): To obtain something firmly.

    • Example: The aim is to secure universal banking licenses.

23. Improve (verb): To make better.

    • Example: RBI aims to improve the financial health of banks.

24. Highlight (verb): To emphasize something important.

    • Example: The event highlighted the need for conservation.

25. Significant (adjective): Important and meaningful.

    • Example: The significant event was celebrated globally.

Conclusion

By staying updated with these key current affairs and expanding your vocabulary, you will be better prepared for your banking exams. Keep following Beez Vita for more such insightful updates and tips!