DAILY GK 30 -31 JULY 2026

 DAILY GK 30 -31 JULY 2026

1.       WORLD NATURE CONSERVATION DAY 2026 – JULY 28 

·         World Nature Conservation Day (WNCD) is observed every year on 28 July to raise awareness about protecting natural resources, biodiversity and ecosystems.

·         The United Nations General Assembly (UNGA) designated 28 July as WNCD following the 1972 United Nations (UN) Conference on the Human Environment held in Stockholm, Sweden, marking a milestone in global environmental conservation.

·         The day supports the UN Sustainable Development Goals (SDGs), particularly SDG 13 (Climate Action), SDG 14 (Life Below Water), and SDG 15 (Life on Land).

 


2.       INTERNATIONAL TIGER DAY 2026 – JULY 29

·         International Tiger Day was established in 2010 during the Saint Petersburg Tiger Summit held in Russia, where the St. Petersburg Declaration on Tiger Conservation was adopted by 13 Tiger Range Countries (TRCs) to officially recognize July 29 as Global Tiger Day.

·         The first Global Tiger Day was observed on July 29, 2011.

 

3.       World Day Against Trafficking in Persons 2026 – July 30 

·         The United Nations (UN) World Day Against Trafficking in Persons is observed annually across the globe on July 30 to raise awareness about human trafficking.

·         Theme: “Trapped Behind the Scam”.

·         The first observance was held on July 30, 2014.

 

4.       WORLD RANGER DAY 2026 – JULY 31

·         World Ranger Day (WRD) is observed annually on 31 July to honour Rangers who were killed or injured in the line of duty and recognise their vital role in protecting the world’s natural and cultural heritage.

·         2026 Theme: “Rangers: Guardians of a Changing Planet”.

·         First Observation: The first World Ranger Day was observed on 31 July 2007, marking the 15th anniversary of the founding of the IRF.

 

5.       INTERNATIONAL DAY OF FRIENDSHIP 2026 – JULY 30

·         The United Nations (UN) observes the International Day of Friendship (World Friendship Day) annually on 30 July to promote peace, solidarity, and mutual understanding through friendship across cultures and communities.

·         The concept originated in 1930, when Joyce Hall, founder of Hallmark Cards, proposed Friendship Day.

·         The first UN-recognised International Day of Friendship was observed on 30 July 2011.

 

6.       INDIA TO USE PRODUCER PRICE INDEX (PPI) FOR GDP DEFLATION 

·         The Ministry of Statistics and Programme Implementation (MoSPI) announced plans to use the output Producer Price Index (PPI) as a deflator for quarterly and annual Gross Domestic Product (GDP) estimates, replacing the Wholesale Price Index (WPI) wherever applicable.

·         The PPI series was released by the Department for Promotion of Industry and Internal Trade (DPIIT) in June 2026 to support improved GDP measurement and align India’s national accounts with international standards.

·         The output PPI will be used for GDP deflation to improve the accuracy of real growth measurement and reduce distortions in GDP estimates.

·         The revised GDP series updated the base year to 2022–23 from 2011–12 and adopted double deflation, which separately adjusts output and input prices.

·         The WPI will be phased out as a GDP deflator, while the CPI will continue for specific granular items; the earlier single deflation method using WPI for output and input prices was replaced due to growth estimation distortions.

·         PPI measures price changes received by producers for goods and services and is used for accurate GDP deflation.

 

7.       GOI APPROVES RBI FIELD TRIALS OF RS 10 AND RS 20 POLYMER CURRENCY NOTES

·         The Government of India (GoI) approved the Reserve Bank of India’s (RBI) proposal to conduct field trials of one billion (Bn) polymer banknotes each in the Rs. 10 and Rs. 20 denominations, marking a significant step towards evaluating more durable currency notes in India.

·         The RBI, with the recommendation of its Central Board, had sent a proposal to the government in terms of Section 25 of the RBI Act, 1934, for the introduction of Rs 10 and Rs 20 polymer banknotes, worth Rs 3000 crores (Cr) for field trials.

·         Polymer Notes: RBI polymer notes are printed on a non-fibrous and non-porous polymer substrate rather than conventional banknote paper.

 

8.       OPEN SECURE AI ALLIANCE

·         NVIDIAMicrosoft Corporation and IBM, along with several technology companies and research institutions, launched the Open Secure AI Alliance (OSAA) an open industry initiative aimed at enhancing the security, trustworthiness, and resilience of Artificial Intelligence (AI) systems through open collaboration and shared security standards.

·         This new initiative was launched days after the latest cyber incident at Hugging Face, where through an AI system, the company’s infrastructure was breached during a security evaluation.

·         The newly launched alliance comprises over 35 inaugural members.

 

9.       RBI DELAYS IMPLEMENTATION OF BASEL III DISCLOSURE RULES

·         The Reserve Bank of India (RBI) delayed the implementation of its revised Basel Pillar III disclosure framework for banks by 6 months to April 1, 2027, in response to implementation difficulties expressed by the stakeholders.

·         The RBI issued 10 amendment directions revising its Basel Pillar 3 disclosure framework for commercial banks (CB), small finance banks (SFB) and payments banks (PB).

·         The RBI had initially proposed implementing the final directions from the quarter ended September 30, 2026.
Quarterly and annual disclosures: Following the new deadline, the first round of quarterly disclosures will be submitted for the period ending June 30, 2027.

·         Half-yearly disclosures will commence with the period ending September 30, 2027, and annual disclosures are slated to begin for the fiscal year concluding March 31, 2028.