Daily Current Affairs: June 08, 2021

Daily Current Affairs (June 08, 2021) like many other sections is inevitable and this also helps to score in the Banking awareness, Static GK, and Financial Awareness sections. Remember, Banking Awareness, and Static Awareness Questions are asked from the General Awareness section. This will also help you to ride your preparations for the forthcoming exams.

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 Important Days

World Oceans Day – 8 June

• World Oceans Day is observed globally on 8 June every year. This day aims to make people aware of the negative impact of human activities such as garbage disposal, sewage, oil leaks from ships and drilling station accidents.
• This day was declared by the United Nations (UN) in 2008.
• 2021 Theme: “The Ocean: Life and Livelihoods” 

National News

India to add 20 GW wind capacity by 2025: Global Wind Energy Council report

• According to the Global Wind Energy Council (GWEC) report, India will install 20 GW of wind capacity over 2021–25. About 90 per cent of this capacity addition will come from central tenders followed by corporate procurement and state markets.
• Currently, India has a pipeline of 10.3 GW in central and state markets, which is expected to drive installations until 2023.

NHPC and JKPDCL form a joint venture firm to build 850 MW Ratle hydroelectric project

• National Hydroelectric Power Corporation (NHPC) and Jammu & Kashmir State Power Development Corporation Limited (JKPDCL) have formed Ratle Hydroelectric Power Corporation Limited, a joint venture firm for the implementation of the 850 MW Ratle hydroelectric project in Jammu and Kashmir.
• NHPC and Jammu & Kashmir State Power Development Corporation Limited hold equity shares of 51% and 49%, respectively, in the joint venture company.

Jammu and Kashmir

• Capital: Srinagar (Summer), Jammu (Winter)
• Lt. Governor: Manoj Sinha
• National Parks: Hemis National Park, City Forest (Salim Ali) National Park, Dachigam National Park, Kishtwar National Park
• Wildlife Sanctuaries: Changthang Cold Desert Wildlife Sanctuary, Gulmarg Wildlife Sanctuary, Jasrota Wildlife Sanctuary, Baltal-Thajwas Wildlife Sanctuary, Karakoram (Nubra Shyok) Wildlife Sanctuary
• Lakes: Mansar Lake, Nagin Lake, Wular Lake, Surinsar Lake, Dal Lake

Gujarat Maritime Board to set up India’s first international maritime services cluster at GIFT City

• Gujarat Maritime Board (GMB) will set up India’s first international maritime services cluster at GIFT City (Gujarat International Finance Tec-City).
• The maritime cluster will be developed as a dedicated ecosystem comprising ports, shipping, logistics services providers and government regulators.

Gujarat                    

• Capital: Gandhinagar
• Chief Minister: Vijay Rupani
• Governor: Acharya Devvrat
• National Parks: Blackbuck National Park, Vansda National Park, Gir Forest National Park, Marine (Gulf of Kachchh) National Park

International News

Maldives Foreign Minister Abdulla Shahid was elected as the President of the United Nations General Assembly for 2021–22

• Maldives Foreign Minister Abdulla Shahid was elected as President of the 76^th session of the United Nations General Assembly (2021–22). He received 143 votes out of the 191 ballots cast.
• The decision was taken in the 76^th Session of the United Nations General Assembly (PGA) held at the UN headquarters in New York.

Maldives

• Capital: Male
• Currency: Maldivian Rufiyaa
• President: Ibrahim Mohamed Solih

World Bank approves $500 million program to help boost India’s MSME sector

• The World Bank’s Board of Executive Directors has approved a $500 million program to support India’s nationwide initiative to revitalise the MSME (Micro, Small and Medium Enterprises) sector.
• The program targets improvements in the performance of 5,55,000 MSMEs and is expected to mobilise financing of $15.5 billion as part of the Indian Government’s $3.4 billion MSME Competitiveness – A Post COVID-19 Resilience and Recovery Programme (MCRRP).

World Bank

• Headquarters: Washington DC, United States
• President: David Malpass
• Founded: 1944

Germany hosts the 8^th Global Nitrogen Conference virtually

• Germany virtually hosted the 8^th Global Nitrogen Conference that focused on sustainable development goals (SDGs). The conference was attended by over 800 scientists and other stakeholders from over 60.
• The United Nations (UN) Sustainable Development Goals (SDGs) were the main focus of the 8^th Global Nitrogen Conference.

Germany

• Capital: Berlin
• Currency: Euro
• President: Frank-Walter Steinmeier
• Chancellor: Angela Merkel

India was elected to the UN Economic and Social Council for 2022–24 term

• India was elected to the Economic and Social Council (ECOSOC), one of the six main organs of the United Nations for the 2022–24 term.
• India was elected in the Asia-Pacific States category along with Afghanistan, Kazakhstan and Oman.
• The 54-member ECOSOC is at the heart of the United Nations system to advance the three dimensions of sustainable development —economic, social and environmental.

UN Economic and Social Council (ECOSOC)

• Headquarters: New York, USA
• President: Munir Akram

Banking and Economy

RBI imposes Rs. 6 crore penalty on Bank of India and Punjab National Bank

• The Reserve Bank of India (RBI) imposed a penalty on the Bank of India and Punjab National Bank for contravention of norms, including one related to “Frauds – Classification and Reporting”.
• A penalty of Rs. 4 crores has been imposed on the Bank of India and Rs. 2 crores on Punjab National Bank.

Bank of India (BOI)

• Headquarters: Mumbai, India
• Non-Exe Chairman: Padmanabhan
• MD & CEO: Atanu Kumar Das
• Tagline: “Relationship Beyond Banking”

Punjab National Bank (PNB)

• Headquarters: New Delhi
• CEO: SS Mallikarjuna Rao
• Tagline: “The Name You Can Bank Upon”

Central Bank of India inks co-lending pacts with Indiabulls Housing and IIFL Home Finance

• State-owned Central Bank of India announced co-lending partnerships with NBFC players Indiabulls Housing Finance and IIFL Home Finance.
• Under this arrangement, Non-Banking Finance Companies (NBFCs) will originate and process retail home loans while the Central Bank of India will take into its book 80 per cent of the housing loan under direct assignment transactions.

Central Bank of India

• Headquarters: Mumbai, Maharashtra
• Founded: 21 December 1911
• MD and CEO: Matam Venkata Rao
• Tagline: “Central to You Since 1911”

Appointments

KK Maheshwari was elected as the President of ANMI

• KK Maheshwari was elected as the President of the Association of National Exchanges Members of India (ANMI). He succeeded Anup Khandelwal.
• Association of National Exchanges Members of India (ANMI) is a pan India body comprising of the trading members across India of the National Stock Exchange (NSE), Bombay Stock Exchange (BSE) and other exchanges having national presence.

S Inbasekar was appointed as the next High Commissioner of India to Papua New Guinea

• S lnbasekar was appointed as the next High Commissioner of India to the Independent State of Papua New Guinea. He is a 2004 batch Indian Foreign Service Officer (IFS).

Papua New Guinea

• Capital: Port Moresby
• Currency: Kina

Virendra Nanavati becomes the first Indian to be elected as a member of the FINA Bureau

• India’s Virendra Nanavati was elected as a member of the International Swimming Federation (FINA) Bureau for 2021–2025 at the world body’s General Congress held in Doha, Qatar. He is the first Indian to be elected as a Bureau member of the FINA.
• He is currently the vice-president of the Indian Olympic Association and Executive Director of the Swimming Federation of India (SFI).

Rankings

Madhya Pradesh tops in the Anemia Mukt Bharat Index 2020–2021

• According to the Anemia Mukt Bharat Index 2020–2021, Madhya Pradesh is at the first position with a score of 64.1 followed by Odisha with a score of 59.3. Himachal Pradesh has climbed to the third spot with a score of 57.1.

Madhya Pradesh      

• Capital: Bhopal
• Chief Minister: Shivraj Singh Chauhan
• Governor: Anandiben Patel (Additional Charge)

Obituary

Former Karnataka minister Mumtaz Ali Khan passed away at 94

• Former Karnataka minister Mumtaz Ali Khan passed away due to age-related ailments. He had served as Karnataka’s Minister for Minority Affairs in the cabinet of BS Yediyurappa in 2008.

Sports News

Oman to host first-ever FIH Hockey5s World Cup

• The Executive Board (EB) of the International Hockey Federation (FIH) has appointed Oman as the host country for the inaugural FIH Hockey5s World Cups (Both Men and Women) to be played in January 2024.
• The Matches will take place in Oman’s capital city, Muscat. The Hockey5s’ flagship event is a brand-new FIH competition. 16 teams will take part in this very first edition.

Oman:

• Capital: Muscat
• Currency: Omani rial

BharatPe becomes ICC’s official partner till 2023

• Lending and digital payments startup BharatPe has inked a three-year agreement to become an official partner with International Cricket Council (ICC).
• As per the agreement, BharatPe will promote the association across broadcast and digital platforms, as well as execute in-venue brand activations at all the ICC events until 2023.

Daily CA June 8 One-liner:

Can you score 20/20 in Today’s Current Affairs Quiz? Attempt the Current Affairs Quiz of  June 08, 2021, now from the link given below.