8-10 July 2017 Current Affairs

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10 Jul, 2017

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1) Which Indian city on 8 July 2017 became the first-ever Indian city to be declared a Heritage City by UNESCO’s World Heritage Committee? – Ahmedabad (Gujarat)

Explanation: The historic walled-city of Ahmedabad, that has 26 ASI-protected structures, was declared as a World Heritage City at the 41st session of UNESCO’s World Heritage Committee meet in Karkow in Poland on 8 July 2017. It thus became the first Indian city to get this prestigious recognition.

Close to 20 countries, including Poland, host country of the UNESCO meet Poland, unanimously supported Ahmedabad citing a secular co-existence of Islamic, Hindu and Jain communities along with exemplary architecture of intricately carved wooden havelis dating back hundreds of years. The countries also recognized that the city was a cradle for India’s non-violent freedom struggle led by Mahatma Gandhi.

Ahmedabad will now join the likes of Paris, Cairo and Edinburgh. Of the 287 world heritage cities across the globe, there were only two cities in the Indian subcontinent– Bhaktpur in Nepal and Galle in Sri Lanka.

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2) The 2017 G20 Hamburg summit, which was held on 7 and 8 July 2017 in Hamburg (Germany), was which edition of this summit? – 12th

Explanation: The 2017 G20 Hamburg summit was the twelfth meeting (12th Meeting) of the Group of Twenty (G20). It was held on 7-8 July 2017, at Hamburg Messe, in the city of Hamburg, Germany. The meeting was attended by heads of state of world’s 20 largest economies including Indian Prime Minister Narendra Modi, US President Donald Trump, German Chancellor Angela Merkel, Chinese President Xi Jinping, Japanese Prime Minister Shinzo Abe, French President Emmanuel Macron and British Prime Minister Theresa May.

While leaders of 19 countries of the G20 group, including India, reaffirmed their faith in the Paris deal, calling it “irreversible”, the United States, which had announced its decision to withdraw from the Paris Agreement, stood by itself. The US did manage to get its position on fossil fuels inserted in the joint statement through a formulation promising more efforts for “clean and efficient” use without any commitment to its end.

While climate change was contentious, the G20 managed a compromise on trade where Trump’s protectionist sentiment and call for free trade was accommodated.

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3) Which prominent European country’s Parliament on 7 July 2017 passed the same-sex marriage bill, thus bringing the country in line with many of its Western peers? – Germany

Explanation: German Parliament’s Upper House on 7 July 2017 gave green signal to same sex marriage bill that was earlier passed by the Lower House during June 2017. The bill will now head to the desk of the country’s President.

On 30 June 2017 the lower house had voted in favour of legalizing same-sex marriage after a short but emotional debate. Though Chancellor Angela Merkel voted against the measure, she paved the way for its passage by freeing other members of her party to vote their “conscience.” 393 German lawmakers voted in favour of “marriage for everybody” and 226 against, with four abstentions.

Germany has allowed same-sex couples to enter civil partnerships since 2001, but has not granted them full marital rights, which include the possibility to jointly adopt children. It will now join European countries such as Austria, Belgium, Denmark, France, Ireland, Norway, Spain, Sweden and the UK who have legalized same sex marriages.

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4) Who won the Austrian F1 Grand Prix title for 2017 on 9 July 2017? – Valtteri Bottas (Finland)

Explanation: Finnish F1 driver Valtteri Bottas enjoyed a dominant victory at the Austrian Grand Prix on 9 July 2017 as he easily warded-off a challenge from his Mercedes teammate and former champion Lewis Hamilton (Britain) who finished at fourth place. Hamilton’s title rival and drivers’ championship leader Sebastian Vettel (Germany) finished second while Australian driver Daniel Ricciardo finished third for his Red Bull team.

Former champion Sebastian Vettel of Ferrari team has now extended his lead over Hamilton by 20 points. Segio Perez (Mexico) and Esteban Ocon (France) finished the race at sixth and seventh place respectively and thus garner 10 points for Force India team.

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5) Which mutual fund entity during June 2017 became the latest fund house to enter the Rs 1 lakh-crore assets under management (AUM) club? – Kotak Asset Management

Explanation: As per data released on 8 July 2017, during the quarter ended June 2017, the average of assets under management (AUM) of Kotak Asset Management climbed to Rs 1.01 lakh crore. With Kotak’s entry, the club now has seven members.

The other fund houses managing Rs. 1 lakh crore or more AUM are ICICI Prudential Mutual Fund, HDFC MF, Reliance Nippon MF, Birla Sun Life MF, SBI MF and UTI MF.

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The Swedish newspaper was recently asked it to delete the reference made by President Pranab Mukherjee to the Bofors scam in an interview to it, as a claim protested by the Indian Government on 27 May 2015. India has expressed disappointment over the disrespect shown to the President, the newspaper has defended its right to publish what was said during the interview.

Know, who is Vijay Kelkar and what is PPP !

Vijay Kelkar is a renowned economist and a former Finance Secretary. He was appointed head of newly constituted committee to give recommendations to recast the model of Public-Private-Partnership (PPP) model in India. India is one of the largest PPP market with over 900 projects. The Kelkar committee will review the PPP policy, suggest a better risk-sharing mechanism between private developers and the government after analysing such projects.

Know, who is Yaduveer Krishnadatta Chamaraja Wadiyar !

Yaduveer Krishnadatta Chamaraja Wadiyar was crowned as the new Maharaja of of Mysuru (Mysore) royal family. He is the 23-year old grandson of Princess Gayathri Devi, who was the eldest daughter of the last Maharaja of Mysore, Sri Jayachamarajendra Wadiyar. The coronation was held at Mysuru’s famous Amba Vilas Palace, which was decked up for the occasion.

Know about Sepp Blatter!

Swpp Blatter, was re-elected as FIFA president for a fifth term at the 65th Annual Congress of FIFA held at Zurich for four year term.

Prince Ali bin al-Hussein of Jordan stood against Blatter in this election. It is worth mentioning that FIFA is going through a major controversy regarding corruption in the organisation with two FIFA vice presidents and a recently elected FIFA executive committee member still in custody.

 


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