Daily Current Affairs: June 22, 2021

Daily Current Affairs (June 22, 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 Rainforest Day – 22 June

• World Rainforest Day is observed on 22 June every year. This day is observed to celebrate the existence of rainforests and to create and raise awareness regarding the preservation of this integral natural resource.
• 2021 Theme: “Protected Together. Now. Forever”

National News

Ladakh celebrates two-day Hemis festival

• The two-day Hemis Festival was celebrated in Ladakh to commemorate the birth anniversary of Guru Padmasambhava (also known as the second Buddha).
• The annual festival which is also known as Hemis Tses-Chu, is celebrated on the 10^th day of the fifth month of the Tibetan lunar calendar.

Ladakh

• Capital: Leh
• Lieutenant Governor: Radha Krishna Mathur

Tamil Nadu CM MK Stalin inaugurates ‘Minnagam’ customer care cell to redress electricity issues 24×7

• Tamil Nadu Chief Minister MK Stalin inaugurated a 24×7 customer care cell ‘Minnagam’ at TANGEDCO (Tamil Nadu Generation and Distribution Corporation) headquarters in Chennai, Tamil Nadu, to address consumer grievances. The public can register their grievances by calling the 24×7 helpline number — 9498794987.
• The Tamil Nadu Chief Minister also launched a social media cell for TANGEDCO, which would monitor the grievances related to electricity addressed through Facebook, Twitter and Instagram.

Tamil Nadu                      

• Capital: Chennai
• Chief Minister: MK Stalin
• Governor: Banwarilal Purohit
• National Parks: Mukurthi National Park, Guindy National Park, Gulf of Mannar Marine National Park, Indira Gandhi (Annamalai) National Park, Mudumalai National Park

International News

India receives $64 billion FDI in 2020 and becomes the fifth-largest recipient of inflows in the world: UNCTAD Report

• According to a UNCTAD report, India received $64 billion in Foreign Direct Investment (FDI) in 2020, the fifth-largest recipient of inflows in the world. The USA was the largest recipient of inflows, followed by China and Hong Kong.

United Nations Conference on Trade and Development (UNCTAD)

• Headquarters: Geneva, Switzerland
• Secretary-General: Mukhisa Kituyi
• Founded: 1964

Nikol Pashinyan was elected as the Prime Minister of Armenia

• Armenia’s acting Prime Minister Nikol Pashinyan was elected as the new Prime Minister of Armenia. With 75 per cent of results declared, Pashinyan’s party had 55.61 per cent of the vote.

Armenia

• Capital: Yerevan
• Currency: Armenian Dram
• President: Armen Sargsyan
• Prime Minister: Nikol Pashinyan

Barnaby Joyce was appointed as the Deputy Prime Minister of Australia

• Australian Prime Minister Scott Morrison has appointed Barnaby Joyce as the Deputy Prime Minister of Australia. He defeated Michael McCormack.
• Joyce was previously Australia’s Deputy Prime Minister from 2016 to 2018.

Australia:

• Capital: Canberra
• Currency: Australian Dollar
• Prime Minister: Scott Morrison
• Deputy Prime Minister: Barnaby Joyce

Banking and Economy

ICICI Bank extends instant ‘Cardless EMI’ for online shopping

• Private lender ICICI Bank has introduced the instant ‘Cardless EMI’ facility to online purchases made on e-commerce platforms.
• The instant Cardless EMI facility allows customers to instantly buy products or services (up to Rs. 5 lakhs) online through Equated Monthly Instalments (EMIs) in just a few clicks by using their mobile phone and PAN.

ICICI (Industrial Credit and Investment Corporation of India)

• Headquarters: Mumbai, Maharashtra
• MD and CEO: Sandeep Bakhshi
• Tagline: Hum Hai Na, Khyal Apka

Union Bank of India signs an MoU with NSIC to support MSMEs with credit requirements

• Union Bank of India (UBI) has signed a Memorandum of Understanding (MoU) with the National Small Industries Corporation Ltd. (NSIC) under the “NSIC Bank Credit Facilitation Scheme” to support MSMEs with credit requirements.
• Under the arrangement, any MSME Unit can approach any of the NSIC branch offices which are also operating as Finance Facilitation Centre (FFC) and submit their request for loan requirements from Union Bank of India.

Union Bank of India

• Headquarters: Mumbai
• MD & CEO: G Rajkiran Rai
• Tagline: Good People to Bank With

Science and Technology

World’s third-largest diamond was discovered in Botswana

• A 1,098-carat diamond was discovered in Botswana, a joint venture between Anglo American’s De Beers and the Botswana It is the third-largest gem-quality stone ever to be mined.
• The largest diamond to be recovered to date is a 3,106 carat Cullinan stone in South Africa in 1905, followed by the 1,109 carat Lesedi La Rona unearthed by Lucara Diamonds in Botswana in 2015.

Airtel and TCS partner for 5G network solutions

• Bharti Airtel and Tata Group have announced a strategic partnership for implementing 5G network solutions for India, which will be available for commercial development from January 2022.
• Tata Group has developed an O-RAN (open-radio access network)-based radio and non-standalone architecture/stand-alone architecture (NSA/SA) core and has integrated an indigenous telecom stack, leveraging the capabilities of the group and its partners.

Appointments

Montek Singh Ahluwalia was named as a member of the World Bank and IMF High-Level Advisory Group

• Former Deputy Chairman of the Planning Commission Montek Singh Ahluwalia was named as a member of a High-Level Advisory Group (HLAG) formed by the World Bank and the International Monetary Fund (IMF) in the face of the dual crisis posed by the COVID-19 pandemic and climate change.

Ashok Kumar was appointed as the next High Commissioner of India to the Republic of Zambia

• Ashok Kumar was appointed as the next High Commissioner of India to the Republic of Zambia. He replaced Ngulkham Jathom Gangte. Ngulkham Jathom Gangte was appointed as the next Ambassador of India to the Republic of Tunisia.
• Ashok Kumar is a 1998 batch Indian Foreign Service officer (IFS). He is presently working as the Ambassador of India to the Republic of Djibouti.

Zambia

• Capital: Lusaka
• Currency: Zambian Kwacha
• President: Edgar Lungu

SEBI reconstitutes Takeover Panel and appoints N Venkatram as its new member of the Takeover Panel

• Markets regulator Security and Exchange Board of India (SEBI) has appointed N Venkatram, MD and CEO of Deloitte India, as the new member of the Takeover Panel.
• The panel was chaired by NK Sodhi (Former Chief Justice of the High Courts of Karnataka and Kerala), Darius Khambata (Former Advocate general, Maharashtra) and Thomas Mathew TÂ (Former Chairman of Life Insurance Corporation of India).

Securities and Exchange Board of India (SEBI)

• Headquarter: Mumbai, Maharashtra
• Chairman: Ajay Tyagi
• Founded: 12 April 1992

Awards and Recognitions

Former Kerala Health Minister KK Shailaja was honoured with the CEU Open Society Prize 2021

• Former Health Minister KK Shailaja was chosen for the prestigious Central European University (CEU) Open Society Prize 2021. She was selected for the award in recognition of her commitment to public health services.
• This award was instituted in 1994 and it was first awarded to philosopher Sir Karl Popper.

Books and Authors

A new book titled ‘Habba Khatoon’ authored by Kajal Suri was released

• Kajal Suri’s new book titled ‘Habba Khatoon’ was released. The book was published by Sanjana Prakashan Publication.
• Habba Khatoon was a renowned poetess of Kashmir.

Tahira Kashyap Khurrana’s new book is titled as ‘The 7 Sins of Being a Mother’

• Filmmaker and writer Tahira Kashyap Khurrana announced her fifth book about motherhood, titled “The 7 Sins of Being A Mother”. The book will be published by Juggernaut Books.

Rankings

India ranks 120^th in the Sustainable Development Report 2021: Finland tops the list

• According to the Sustainable Development Solutions Network (SDSN) report, India (60.1) ranked 120^th in the 2021 Sustainable Development Report. It is the 6^th edition of the Sustainable Development Report.
• Finland (85.9) topped the index, followed by Sweden (85.6) and Denmark (84.9).

Finland

• Capital: Helsinki
• Currency: Euro
• Prime Minister: Sanna Marin

Obituary

Renowned Malayalam lyricist Poovachal Khader passed away at 72

• Poovachal Khader, one of Malayalam cinema’s most prolific lyricists of all time, has passed away in Thiruvananthapuram. He wrote over a thousand songs in more than 350 films.

Sports News

Tajinderpal Singh Toor qualifies for Tokyo Olympics Games in Shot-put

• India’s Tajinderpal Singh Toor, the reigning Asian Games champion in men’s shot-put, has qualified for Tokyo Olympics Games 2020 with an Asian record throw of 49 metres in the Indian Grand Prix IV in Patiala, Punjab.
• In the women’s 100-metre sprint, Dutee Chand clocked 11.17 seconds to improve her national record of 11.24 seconds which she had clocked in Ranchi in 2019.

Daily CA June 22 One-liner:

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