Current Affairs : 25-07-2019 in English

Economy

  • This bank launched its “Smart Edge” lending program, through which MSMEs can avail secured working capital limits from Rs 1 to 3 crore in form of OD, LC - Yes Bank.
  • In July 2019, The International Monetary Fund (IMF) projected India’s economic growth for 2019-20 to – 7% (cut by 0.3%).

International 

  • New Prime Minister of United Kingdom - Boris Johnson.
  • First on the Fortune Global 500 list – Walmart (US).

National

  • India’s highest ranker in the Fortune Global 500 list - Reliance Industries (106).

Persons in News

  • Person who was China’s former premier, died on 22 July - Li Peng.
  • New President of the Institute of Cost Accountants of India - Balwinder Singh.

Sports

  • New Head of the ICC's influential Finance & Commercial Affairs committee - Ehsan Mani (Pakistan Cricket Board's chairman).
  • First place in the ICC Test batsmen ranking list, published on July 23 - Virat Kohli.
  • First place in the ICC Test Teams ranking list, published on July 23 - India.
  • This Sri Lankan fast bowler will retire from ODI cricket in July - Lasith Malinga.

State Current Affairs

  • Region that has highest number of ‘red industries’, as per the Maharashtra Economic Survey Report 2018-19 – Pune (5,306 red industries).

Science and Technology

  • This Indian company and Netherland-based KeyGene have tied up to undertake research in key field crops - Mahindra Agri Solutions Ltd.

General Knowledge

  • International Monetary Fund (IMF) – Established in: 1945; Headquarters: Washington D.C. (US).
  • International Cricket Council (ICC) – Formed in: 1909; Headquarters: Dubai, United Arab Emirates (UAE).
  • Britain - Capital: London; Currency: Pound sterling.
  • Canada – Capital: Ottawa; Currency: Canadian Dollar.

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