DAILY CURRENT AFFAIRS: JUNE 23, 2018

Daily Current Affairs (June 23, 2018) 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.

NATIONAL

PM Modi to unveil several development projects in MP

Prime Minister Modi will dedicate the Mohanpura Irrigation Project in Rajgarh district to the people of the State and also inaugurate several other projects, including an urban transport scheme named ‘Sutra Seva’ in Indore Jawaharlal Nehru Stadium.

The Mohanpura irrigation project is worth ₹3,866 crore. This project, which includes a dam and a canal system, will benefit 727 villages in Madhya Pradesh.

Mr. Modi will head to Indore to dedicate the development works worth ₹4,713.75 crore at a programme.

The prime minister will also dedicate 23 development projects undertaken at a cost of ₹278.26 crore in Indore, Bhopal, Jabalpur, Gwalior and Ujjain under the Smart City Mission.

PM Modi lays foundation stone of Paperless Vanijya Bhawan

Prime Minister Narendra Modi laid the foundation stone of Vanijya Bhawan, a new office complex for the department of commerce that is to be built at an estimated cost of Rs 226 crore.

It will be a completely paperless office with modern facilities such as smart access control, video conferencing and completely networked systems.

HM Rajnath Singh Lays Foundation Stone For Mongolian Refinery

Union Home Minister Rajnath Singh is in Mongolia on a 3-day visit to further India’s relations with the Central Asian country and strengthen security cooperation.

Mongolia is an important strategic partner for India. He attended the ground breaking ceremony of an oil refinery at Altanshiree Soum in Dor-no-gobi province with the Prime Minister of Mongolia, U Khurelsukh.

This refinery project has been financed by the Government of India through a Line of Credit of One Billion USD.

Mongolia

Capital: Ulaanbaatar

Currency: Mongolian togrog

India and Cuba Signed 3 agreements

India and Cuba have signed two MoUs in the field of biotechnology, traditional medicine and homoeopathy. The agreements were inked following delegation-level talks between President Ram Nath Kovind and his Cuban counterpart Miguel Mario Díaz-Canel at Revolution Palace in Havana.

Cuba also reiterated its support to India’s candidature for a permanent seat in UN Security Council.

Cuba

President: Miguel Diaz-Canel

Capital: Havana

Currency: Cuban peso

PM Modi To Inaugurate 3rd AIIB Meeting In Mumbai

Prime Minister Narendra Modi will inaugurate the 3rd Annual Meeting of the Asian Infrastructure Investment Bank (AIIB).

The two-day event will be held at the Hotel Trident/Oberoi and NCPA. In the past, AIIB annual meetings have been held in Beijing, China, in 2016 and in Jeju, South Korea, in 2017.

The theme for this year’s meeting is “Mobilising Finance for Infrastructure: Innovation and Collaboration”.

AIIB

Headquarters: Beijing, China

President: Jin Liqun

Women Wizard Rule Tech Programme launched by NASSCOM

In an effort to increase the number of women in senior levels in the Information Technology (IT) industry, Nasscom has unveiled its ‘Women Wizards Rule Tech’ programme for women techies.

This programme is designed to support women who are moving up the career ladder, while also paving the way for potential leaders of the future.

The initiative will aid women techies in core technologies like IT-Information Technology Enabled Services (ITES), Business Process Management (BPM), product and research and development (R&D) sectors by equipping them with the skills required for an edge in their career.

NASSCOM

Chairperson: Rishad Premji

Headquarters: Noida, Uttar Pradesh

INTERNATIONAL

India plans to construct War Memorial in France

India will construct a war memorial at Villers Guislain, a town around 200 km from Paris France to highlight the contribution of the soldiers of the undivided India to the freedom of France in the World War I.

This was announced by External Affairs Minister Sushma Swaraj. This will be the second such memorial in Europe.

During the World War I, Villers-Guislain had witnessed a fierce battle in which of the British Indian cavalry regiments were heavily involved. The town was liberated on September 29, 2018.

A bilateral Letter of Intent was signed between India and France in her presence on cooperation in the field of conservation of pre-historic ornate caves and rock shelters. The document signed between the ministry of culture of India and the ministry of culture of France will aid conservation efforts at the Bhimbetka caves in India and the caves of Lascaux and Chauvet in France.

BANKING AND ECONOMY

India, US to hold inaugural 2+2 Dialogue in Washington. DC

India and the US will hold the inaugural 2+2 Dialogue on July 6 in Washington, DC.

US secretary of state Michael R Pompeo and secretary of defense James Mattis will host external affairs minister Sushma Swaraj and minister of defence Nirmala Sitharaman for the first meeting.

The two sides are expected to share perspectives on strengthening their strategic and security ties and exchange views on a range of bilateral, regional and global issues of mutual interest.

Seychelles President arrives in Gujarat

Seychelles President Danny Faure arrived in Gujarat for his six-day visit to India. His visit comes days after the government in Seychelles called off a $550 million (Rs 3,760 crore) joint project with India to develop a naval base at the archipelago nation’s Assumption Island.

Faure would visit the Indian Institute of Management, Ahmedabad, and the Sabarmati Ashram.He is also scheduled to visit the Gujarat Forensic Science University in Gandhinagar.

Seychelles

Capital: Victoria

Currency: Seychellois rupee

AWARDS AND HONOURS

Ministry of Women & Child Development Received SKOCH Award

Ministry of Women & Child Development receives the ‘Best Performing Social Sector Ministry’ SKOCH Award for its Achievements and Initiatives.

Minister for Women and Child Development Smt.Maneka Sanjay Gandhi has received the award on behalf of the Ministry.

The flagship schemes like Beti Bachao Beti Padhao has achieved huge success within a very short period of time. Under this scheme, efforts were made at National, regional and local level which led to behaviour change which is reflecting in the improved sex ratio at birth.

The Minister further shared the details on the achievements of the Ministry including 6 months maternity leave, Sexual Harassment at Workplace Act, SHe-box, One stop centres, Universal Women helpline (181), 33 per cent reservation in police.

APPOINTMENTS

Arijit Basu appointed as SBI’s New Managing Director

The government has appointed Arijit Basu as managing director of the country’s largest lender State Bank of India.

He will fill the position that fell vacant following the elevation of Rajnish Kumar as the chairman.

Now, after this the SBI will have four managing directors. As per the SBI Act, the bank can have four managing directors.

He is a graduate in Economics and a Master of Arts in History. Basu started his career with State Bank of India in 1983 as a probationary officer.

OBITUARY

Pulitzer Prize-Winner Charles Krauthammer Passes Away

Charles Krauthammer, the Pulitzer Prize-winning columnist and pundit has passed away. He belongs to USA.

He was awarded a Pulitzer in 1987 for “his witty and insightful” commentary and was an influential voice among Republicans.

Ex-South Korean PM Kim Jong-pil passed away

Former two-time South Korean Prime Minister Kim Jong-pil has passed away.

Kim graduated from the Korea Military Academy, and had played an important role in a military coup in 1961.

Kim served as the South Korean Prime Minister twice – from 1971 to 1975 and again from 1998 to 2000.

IMPORTANT DAYS

International Widows Day – June 23

The International Widows Day, June 23 is a United Nations ratified day of action to address the poverty and injustice faced by millions of widows and their dependents in many countries.

The first International Widows Day took place in 2005 and was launched by Lord Loomba and the foundation’s president, Cherie Blair.

DAILY CURRENT AFFAIRS: JUNE 23, 2018

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DAILY CURRENT AFFAIRS: JUNE 23, 2018

NATIONAL

PM Modi to unveil several development projects in MP

PM Modi lays foundation stone of Paperless Vanijya Bhawan