DAILY CURRENT AFFAIRS : June 30, 2019

Dear Aspirants,

Daily Current Affairs (June 30, 2019) 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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NATIONAL

Lok Sabha passed the Homeopathy Central Council (Amendment) Bill, 2019

Shripad Yesso Naik, Minister of State, Ministry of AYUSH presented the Homeopathy Central Council (Amendment) Bill, 2019 in the Lok Sabha. It passed the Bill on 27 June.
Once Rajya Sabha passes the Bill, it will replace the ordinance issued in the same regard by the previous government. This was the second bill to be passed in Lok Sabha, in the second term of NDA government, after the Special Economic Zone (Amendment) Bill 2019.

Homoeopathy Central Council (Amendment) Bill, 2019:

The Homoeopathy Central Council (Amendment) Bill, 2019 enables the government to extend the tenure of the Board of Governors (BoGs) for a further period of one year, with effect from May 17, 2019.
The BoGs have been entrusted with the affairs of the Central Homeopathy Council.

Maharaja Ranjit Singh honoured on his 180th death anniversary

A sculpture of Maharaja Ranjit Singh ruled around 40 years in the early 19th century. It was unveiled at the historic Lahore Fort in Pakistan. This embarks to mark his 180th death anniversary.

The total duration to complete the eight-feet tall statue of the Sikh ruler is about 8 months. His horse named Kahar Bahar. It was a gift from Dost Muhammad Khan, the founder of the Barazkai dynasty.
The sculpture installed at the Sikh Gallery of the Mai Jindan Haveli in the Lahore Fort. The statue was made by artists from Lahore’s National College of Art and Naqsh School of Art.

Go Tribal campaign by Tribes India launched in New Delhi

Go Tribal Campaign program launched by Tribes India. Minister of State for Tribal Affairs, Smt. Renuka Singh in the presence of Shri R.C. Meena, Chairman, Tribal Cooperative Marketing Development Federation of India and other dignitaries joined in New Delhi
It is used to institutionalize collaborations and partnerships with different organizations to promote tribal products. It is in association with Amazon Global Marketing.
It is launched in TRIBES India products globally through Amazon platform. TRIFED in association with Ms. Ruma Devi showcase a new range of ethnic fashion wear.
She is the recipient of Nari Shakti Puraskar from the President of India.
The heritage range of traditional tribal handloom, handicrafts and naturals collection of the country like Madua, Jowar, Bazra, Red Rice, Honey, Lac products, Spices, Coffee, Tea, Handmade Soaps produced by Tribals in various parts of the country.

Lok Sabha has approved the extension of President’s rule in J&K for a further period of six months

The Lok Sabha has approved the resolution seeking an extension of President rule in Jammu and Kashmir for a further period of six months with effect from 3rd July 2019.
The lower house also gave its approval to the Jammu and Kashmir Reservation Bill 2019. On seeking Lok Sabha’s nod to extend President’s Rule in Jammu and Kashmir, the government has spent Rs. 2,307 crore to security apparatus.

About J&K Extension:

The reservation bill will amend Sections 5 and 9 of the Jammu and Kashmir Reservation Act, 2004. Once it becomes an Act, it will provide reservation to Gujjars and Baker wals living in the area adjoining the international border leads to extension.

Singhey Khababs Sindhu Festivals

In Ladakh region of Jammu and Kashmir, tourist’s promotional festival – Ladakh Singhey Khababs Sindhu Festivals is being celebrated today on the bank of Indus River at Leh. Governor Sayta Pal Malik inaugurated the festival by hoisting the National Flag. Mr Malik also attended the all religious meeting.
Our correspondent reports that the festival presents the Indus River as a symbol of the multi-dimensional cultural identity of India that got its name from the Indus River. Folk songs and dances are performed and local handicrafts and ethnic foods are being exhibited before the tourists during the festival.

INTERNATIONAL NEWS

India and World Bank signed USD 400M loan agreement to eliminate TB

The World Bank and the Government of India signed a loan agreement of $400 Million for the Program Towards Elimination of Tuberculosis (TB) to kill half a million people in India every year.
The program will cover nine States of India. The Loan Agreement signed by Mr. Sameer Kumar Khare, Additional Secretary, Department of Economic Affairs, Ministry of Finance.
It supports the government’s National Strategic Plan to end TB in India by 2025. Direct Benefit Transfers (DBT) given to the patients for acquiring the critical nutrition needed during treatment.
Around $ 400 Million loans from the International Bank for Reconstruction and Development (IBRD) has a 19-year maturity.
It includes a 5-year grace period.

Indian Crypto Exchange Koinex Shuts down its operation

India’s Largest cryptocurrency exchange, Koinex terminating its digital asset trading set-vices and other crypto-related operations citing regulatory uncertainty and disruption.
It was facing problems with its payment services and gateways, along with non-crypto related transactions like payment of salaries, rent, and purchase of equipment. It started its digital assets exchange services in August 2017.
It executed over 20 million orders in trading volume on its platform so far.
The country’s central bank, the Reserve Bank of India (RBI), barred banks from serving companies dealing in cryptocurrency exchanges.

About Koinex:

Founders: Rahul Raj, Rakesh Yadav, Aditya Naik
Sector: Digital assets

RANKING & INDEX

Mumbai in top 20 most expensive cities in Asia for expatriates: Mercer

Mumbai is India’s most expensive city and among the top 20 costliest cities surveyed in Asia for expatriates, as residential housing prices remain among the highest in the world, a survey by global consulting leader Mercer says.
According to Mercer’s 25th Annual Cost of Living Survey, Mumbai fell 12 spots and was ranked at the 67th position out of 209 cities surveyed.
Regarding Mumbai, the report said, “costs of items such as eating out and utilities show decline, however, residential housing costs remain among the most expensive in the world, contributing to its top rankings in Asia and globally”.
Other Indian cities in the list include New Delhi at 118th place, Chennai (154), Bengaluru (179) and Kolkata (189). All the four cities have moved down from last year.

BANKING & FINANCE

SEBI tightens the rules for mutual funds to secure investors

The Securities and Exchange Board of India (SEBI) introduced more checks and balances for debt mutual funds (MFs) to secure investors and stem systemic risks on 27 June.
The move will help revive the confidence of investors, especially those investing in debt MFs. The regulator, among other things, has increased security cover for loans against shares, brought down sectoral investment limits, and mandated certain schemes to have a fifth of their exposure in government securities (g-sec).
Defaults or payment deferments by high-profile corporate groups including Zee and DHFL have plagued the Rs 25-trillion MF industry. The regulator has changed the valuation methodology for debt and money market instruments to mark-to-market, doing away with amortisation.

AGREEMENTS & MOU

MOA signed between Ministry of Shipping and IIT Kharagpur to set up CICMT

A Memorandum of Agreement (MoA) signed between Ministry of Shipping and IIT (Indian Institute of Technology), Kharagpur to set up Centre for Inland & Coastal Maritime Technology (CICMT) at IIT Kharagpur. CICMT is the first of its kind centre in India.
The main aim is to focus on indigenisation of ship designing, building and testing. The MOA signed by IIT Kharagpur Director, Professor Partha P Chakraborty and Joint Secretary in the Ministry of Shipping, Kailash Kumar Aggarwal in New Delhi.
The total cost of the project is Rs.69.20 crore. It is funded under Sagarmala programme. It is for 5 years after which revenues generated from the end users.
Four European countries namely Germany, the Netherlands, Russia and Belgium have model testing facilities for ships.
Make in India initiative mainly will focus on ship design for coastal or inland waterways, shipbuilding technology cryogenic cargo handling, green/renewable energy harvesting from coastal and inland waters. Automation and artificial intelligence (A1) for maritime operations.

APPOINTMENTS & RESIGNS

Amitabh Kant gets two-year extension as Niti Aayog CEO

The Appointments Committee of the Cabinet has approved the extension of Kant’s tenure for a further period of two years beyond June 30, 2019, i.e. up to June 30, 2021, on the same terms and conditions.
Kant, a 1980 batch IAS officer of the Kerala cadre, took charges as the first full-time CEO of National Institution for Transforming India (NITI) Aayog on February 17, 2016, after his superannuation as Secretary in Department for Promotion of Industry and Internal Trade (DPIIT), formerly known as Department of Industrial Policy and Promotion (DIPP).

AWARDS & RECOGNITIONS

India born Priya Serrao has won the Miss Universe Australia title for 2019

India born Priya Serrao has won the Miss Universe Australia title for 2019. Serrao edged past 26 other women from across the country in Melbourne to win the title on 27 June. She will now represent Australia in the Miss Universe Australia 2019.
Australian-Ugandan Bella Kasimba was announced the first runner-up in the finale. She is a law graduate who currently works in Department of Jobs, Precincts and regions in Melbourne.

SPORTS NEWS

Girish Koushik is India’s 63rd Grandmaster

Girish A. Koushik has taken the long road there but he has finally arrived at the destination of his dreams. Last week, the 22-year-old from Mysuru became India’s 63rd Grandmaster at the 37th Balaton International Chess Festival in Hungary.
Girish had completed his second GM norm in Mallorca late in May, and the third in Budapest the following week. Only 11 Elo rating points separated him from the figure of 2500 (live), and he duly crossed the line in Balatonlelle.

Marcus Trescothick announces retirement from professional cricket

Former England star Marcus Trescothick on Thursday announced he would retire at the end of the season, bringing down the curtain on a 27-season career with county side Somerset.
The 43-year-old opening batsman, who played 76 Tests and 123 one-day internationals, has scored a total of 26,234 first-class runs since making his debut for Somerset in 1993.
Trescothick, whose international career was ended by anxiety attacks, still holds an ambition to win his place back in the first XI of the title-chasing side before the end of the season.

IMPORTANT DAYS

International Day of the Tropics observed on 29 June

The United Nations observe 29 June as International Day of the Tropics. This day celebrates the extraordinary diversity of the tropics while highlighting unique challenges and opportunities the Tropical nations face.
The Tropics are a region of the Earth defined as the area between the tropic of Cancer and the tropic of Capricorn. The other factors contribute to climatic variation; tropical locations are typically warm and experience little seasonal change in day-to-day temperature.
The important feature of the Tropics is the moist inner regions near the equator, and that the seasonality of rainfall increases with the distance from the equator.
The Tropics account for 40 percent of the world’s total surface area. They host to approximately 80 percent of the world’s biodiversity and much of its language and cultural diversity.

30 June – World Asteroid Day

World Asteroid Day is an event observed on 30 June to provide online education about asteroid. This event is held on the anniversary of the Siberian Tunguska event that took place on 30 June, 1908.
It is a most harmful known asteroid related event on Earth in recent history. The United Nations passed a resolution for celebrating 30 June as Asteroid Day.

OBITUARIES

Former Bengal cricketer Shyam Sundar Mitra passes away

Former Bengal cricketer Shyam Sundar Mitra passed away here on Thursday, said Cricket Association of Bengal (CAB) sources. He was 82.
Mitra, who captained Bengal in the Ranji Trophy, was an elegant right-hand batsman and a part-time medium pacer.
He scored 3058 runs, comprising seven centuries, at an average of over 50 in 59 first class matches between 1958-59 and 1971-72. He also took 15 wickets. He was conferred the Karthick Bose Lifetime Achievement Award by CAB.

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