Current Affairs July 2012 Part 2 for IBPS PO and Civil Services

 South Africa’s wicketkeeper Mark Boucher had to retire unexpectedly due to a serious eye injury. Boucher has played 146 test matches and 295 ODIs and was behind 990 dismissals in both Test and ODI crickets as a wicketkeeper. 

US futures broker Peregrine Financial Group has filed for Chapter 7 bankruptcy which opens the path for its liquidation.

MCX-SX trading allowed by SBI .

Jagadish Shettar is the  new chiefminister of Karnataka

Nasir Ali as the new joint MD for state run Air India

 Famous Wrestler and Actor Dara Singh passed away today in Mumbai. He was 84 years old. 

The Supreme Court of Pakistan has given Prime Minister Raja Parvez Ashraf time till July 25 timeline to comply with its earlier order to ask Swiss authorities to reopen graft cases against President Asif Ali Zardari. 

 Global credit rating agency Moody’s has downgraded Italy’s government bond rating by two notches to Baa2 and warned it could cut it further. 

 Australian pacer Brett Lee  has announced his retirement from all forms of International cricket but he will continue to play in IPL and other leagues.

India has successfully test fired its surface-to-surface single stage Agni-I ballistic missile again for further research and improvement. It is capable of carrying nuclear warhead of up to 1000 kg with strike range of 700 km. It has already been inducted into the armed forces.

BJP leader Mr Jaswant Singh has been chosen by the NDA as its unanimous candidate for the upcoming Vice-Presidential election

 India’s wrestler Sushil Kumar will be India’s flag-bearer at London Olympics

 Indian golfer Jeev Milkha Singh won the the Scottish Open after beating Francesco Molinari in a playoff.

The International Monetary Fund has cut India’s economic growth forecast for the current financial year to 6.5% compared to its earlier projection of 7.2%

British football club Manchester United has retained its title as the world’s most valuable sports team, as per the latest list published by the Forbes. The club was valued at USD 2.23 billion to retain the first place followed by 2^nd rank holder Spanish club Real Madrid

Global tech giant Microsoft has launched Office 2013, its latest Office version to have more collaboration with Social Networking and Cloud Computing. 

Nkosazana Dlamini-Zuma has been elected head of the African Union Commission.

Veteran Rajesh Khanna, known as Bollywood’s first superstar passed away today in Mumbai. 

 Government has cleared a proposal to appoint Arun Mishra as head of aviation regulator DGCA

 The US House of Representative has voted unanimously to cut the US aid to Pakistan by USD 650 million.

Pranab Mukherjee has been elected as the 13th President of India after getting nearly 69.3% votes in the recent Presidential election.

 HDFC chairman Deepak Parekh has been appointed as the new chairman of the High Level Committee on Financing Infrastructure after getting necessary approval from the Prime

Maruti Suzuki has declared a lockout at its Manesar plant after riot and violence hit the same plant last week. Minister

Freedom Fighter, member of Subhash Chandra Bose’s Indian National Army and social activist Captain Lakshmi Sehgal passed away.


The Supreme Court has reduced the government’s discretionary quota seats for Haj pilgrims to 300 from earlier 5,050 seats 


 Ferrari’s Fernando Alonso defeated Red Bull’s Sebastian Vettel and McLaren’s Jenson Button to win the German Grand Prix


UK’s Bradley Wiggins won the Tour de France Cycling race


 Uttar Pradesh government has restored the old names of eight districts in the state, after scrapping the new names given by the former BSP government after the Dalit and OBC icons


Ghana’s President John Atta Mills dies.


Team Anna has launched their indefinite fast in New Delhi  in order to put more pressure on the Government to bring a strong Lokpal Bill.


 Pranab Mukherjee was sworn in as India’s 13th President 


 “Hisham Kandil” has been elected as the new Prime Minister of Egypt by President Mohamed Morsi




The Chief Executive Officer of Japan’s Nomura Holdings, Kenichi Watanabe has resigned following his alleged involvement in an insider-trading scandal and he will step down on 31^st July. 


 Indian Social Activist “Kulandei Francis” has been awarded with the Prestigious Magsaysay award for 2012 with other 5 winners. 


“K.N. Srivastava” has been appointed as the new Civil Aviation Secretary and he will succeed the present Civil Aviation Secretary, S.N.A. Zaidi. At the same time“Arun Misra” has been appointed as the permanent Directorate General of Civil Aviation (DGCA) which he is handling on temporary basis.


 Private sector lender HDFC Bank has overtaken SBI today as India’s most valued bank with a total market valuation of about  Rs1,37,500 crore

Current Affairs July

Current Affairs July



Mohommed Moorsi took Oath at Egypt on 30 June 2012. Mohommed Moorsi is the first Islamist President of Egypt. He is the Fifth head of Egypt. He had defeated Ahmed Shafiq by 3.4% of votes.

Spain is the UEFA EURO Champion. Defeated Italy 4-0 in the finals.

Iniesta of Spain declared Man of the Tournament.

CII in Partnership with the Government of India and Afghanistan held Delhi Investment Summit

HDFC bank to cut lending rate by 0.2%

Under-19 Asia Cup Finals between India and Pakistan Ends in a tie.

West indies wins the T-20 series against New Zealand ,held at US.

India’s Exports slipped by 4.16 Per Cent to 25.68 Billion Dollar in May 2012

Delhi Government announced subsidy of 1 Rupee per unit on electricity for domestic consumers on 1 July 2012

United Nations Educational, Scientific and Cultural Organisation (UNESCO), the science and cultural body of UN, inscribed India's 1600-km long Western Ghats mountain chain on the list of its world heritage sites.

Physicists at European Organisation for Nuclear Research (CERN) have claimed to find a new sub-atomic particle consistent with the elusive Higgs boson.

UK Football club Manchester United has filed for an IPO in USA to raise nearly USD 100 million from stock market

Indian government has put a new policy of USD 5.4 billion to provide free medicine to its citizen in order to improve their health condition.

Italy’s government has agreed to cut spending by 26 billion euros during next 3 years in order to reduce fiscal deficit .

Global PC and laptop maker Dell has announced its acquisition of enterprise management software maker Quest Software for USD 2.4 billion in an all cash deal

India has been placed as the 3rd most preferred Foreign Direct Investment (FDI) destination by the World Investment Report 2012 prepared by United Nations Conference on Trade and Development. China held the first position and US held the second position in the list


Serena Williams won the Wimbledon Grand Slam for the fifth time after defeating Poland’s Agnieszka Radwanska by 6-1, 5-7, 6-2

Serena Williams and Venus Williams won their fifth Wimbledon women’s doubles title after defeating Czech’s Andrea Hlavackova and Lucie Hradecka by 7-5 6-4.

Mark Webber won the British Grand Prix which is his ninth win in his entire career.

Prestigious TIME magazine has termed India’s Prime Minister Manmohan Singh as “Underachiever” on its recent Asia edition.

UK has banned Indian Mujahideen (IM) as a terrorist entity for their involvement in some recent terrorist activities.

 Swiss Tennis player Roger Federer has defeated British Player Andy Murray by 4-6, 7-5, 6-3, 6-4 to win the Wimbledon Open Championship men’s Singles Final yesterday. With this he won the Wimbledon crown for the record 7th time.

Leander Paes and Elena Vesnina lost in the Wimbledon Final and secured the runners up place in the Wimbledon mixed doubles 2012. They were defeated by Mike Bryan and Lisa Raymond from US by 3-6, 7-5, 4-6.

Euro zone leaders and finance ministers have agreed to provide Spain bailout money of USD 37 billion (30 billion euros) to help its financially troubled banks.

International donors have agreed to provide nearly USD 16 billion to Afghanistan as development aid until 2015.

The Director General of Civil Aviation, Mr E K Bharat Bhushan has been removed. The joint secretary in Ministry of Civil Aviation Mr Sukul will take overfrom him with immediate effect.

Indian Railways has introduced new Tatkal booking schemes from today onwards to stop misusing the tatkal facilities by different travel agencies. The tatkal booking starting time has been revised as 10 AM from earlier 8 AM onwards and also the booking agent are barred from booking tatkal tickets from 10 AM to 12 Noon either from booking counter or on the internet.

Founder MD and CEO of On-Mobile, Arvind Rao has resigned from the company after taking full responsibility for corporate governance related issues