Monthly Current Affairs: July 2024
Three new criminal laws come into force, the Union Budget 2024-25 is presented, Manu Bhaker opens India's Paris 2024 medal tally, Keir Starmer becomes UK Prime Minister and India marks 25 years since the Kargil war.
- Polity
- Economy
- Sports
- Defence
- UPSC CSE
- SSC CGL
- Banking
- UPSC GS3
At a glance
- Bharatiya Nyaya Sanhita, BNSS and Bharatiya Sakshya Adhiniyam take effect on 1 July
- Budget 2024-25 targets a fiscal deficit of 4.9% of GDP
- Manu Bhaker wins bronze in the women's 10m air pistol at Paris 2024
01Three new criminal laws come into force
Why in news
The Bharatiya Nyaya Sanhita, the Bharatiya Nagarik Suraksha Sanhita and the Bharatiya Sakshya Adhiniyam took effect on 1 July 2024.
Key points
- They replace the Indian Penal Code (1860), the Code of Criminal Procedure (1973) and the Indian Evidence Act (1872).
- Provisions include Zero FIR, e-FIR registration and video recording of search and seizure.
- Community service is introduced as a punishment for some petty offences.
Background
The three laws were passed by Parliament in December 2023 and received the President's assent the same month.
02Union Budget 2024-25 presented
Why in news
Finance Minister Nirmala Sitharaman presented the full budget for 2024-25 on 23 July 2024.
Key points
- Fiscal deficit target of 4.9% of GDP for 2024-25, with a goal of below 4.5% in 2025-26.
- Standard deduction under the new tax regime raised from ₹50,000 to ₹75,000.
- Employment and skilling is one of nine budget priorities, with new employment-linked incentive schemes.
03Manu Bhaker wins India's first medal at Paris 2024
Why in news
Manu Bhaker won bronze in the women's 10m air pistol on 28 July 2024.
Key points
- She became the first Indian woman to win an Olympic medal in shooting.
- She won a second bronze in the 10m air pistol mixed team event with Sarabjot Singh on 30 July.
- The Paris Games ran from 26 July to 11 August 2024.
04Keir Starmer becomes UK Prime Minister
Why in news
The Labour Party won the UK general election held on 4 July 2024, and Keir Starmer took office on 5 July.
Key points
- Labour won a large majority, ending 14 years of Conservative government.
- He succeeded Rishi Sunak.
- Rachel Reeves became the first woman Chancellor of the Exchequer.
05India marks 25 years since the Kargil war
Why in news
Kargil Vijay Diwas on 26 July 2024 marked 25 years since the end of the 1999 conflict.
Key points
- The Prime Minister paid tribute at the Kargil War Memorial in Dras, Ladakh.
- Operation Vijay evicted intruders from the heights of Kargil in 1999.
- He also virtually set off the first blast of the Shinku La tunnel project.
Monthly quiz: July 2024
5 questions - no login needed
1.Which new law replaced the Indian Evidence Act, 1872?
2.What fiscal deficit target did the July 2024 budget set for 2024-25?
3.To what amount was the standard deduction under the new tax regime raised?
4.In which event did Manu Bhaker win India's first medal of Paris 2024?
5.Where is the Kargil War Memorial located?