Daily Current Affairs 30th June, 2018

Daily Current Affairs 30 June 2018 for Banking/Insurance/SSC and other related exams.

NATIONAL NEWS

9th meeting of EPG on Indo-Nepal relations concludes in Kathmandu

The ninth and final meeting of Eminent Persons Group (EPG) on India-Nepal relations concluded in Kathmandu on June 20 to discuss various bilateral issues including 1950 Peace and Friendship treaty, trade, transit and border during the two day meeting.

  • The EPG is a joint mechanism consisting experts and intellectuals from India and Nepal. It was set up in February 2016 to make suggestions for updating all existing bilateral treaties and agreements between both the countries.
  • The EPG is completing its two-year tenure next month.

CRPF forms lady commando’s team to tackle women stone pelters 

The Central Reserve Police Force (CRPF) has prepared a team of lady commandos to deal with the rising number of women participants involved in the incident of stone pelting across Jammu & Kashmir region to target security forces.

  • Dubbed as ‘Super 500′, the team of lady commandos have been given rigorous training which includes being blindfolded to deal with night-time deployment and repairing weapons in under a minute in case of any malfunction.

India gets its 37th WORLD UNESCO World HERITAGE SITE

Mumbai’s Victorian and Art Deco Ensembles has been inscribed as a UNESCO World Heritage Site during 42nd session of the World Heritage Committee of UNESCO at Manama in Bahrain.

  • The Ensemble comprises of two architectural styles, the 19th century collection of Victorian structures and the 20th century Art Deco buildings along the sea, conjoined by means of the historical open space of the Oval Maidan.
  • Collectively it will be known as the Victorian Gothic and Art Deco Ensembles of Mumbai.
  • This makes Mumbai city the second city in India after Ahmedabad to be inscribed on the World Heritage List.
  • India now has overall 37 World Heritage Inscriptions with 29 Cultural, 07 Natural and 01 Mixed sites.
  • While India stands second largest in number after China in terms of number of World Heritage properties in ASPAC (Asia and Pacific) region, it is overall sixth in the world.

1st July 2018 to be celebrated as ‘GST Day’

The Government of India will celebrate July 1, 2018, as ‘GST Day’ to mark the first anniversary of the new indirect tax regime.

  • Goods and Services Tax (GST) was rolled out in the intervening night of June 30 and July 1 in 2017.
  • Union Minister for Railways, Coal , Finance & Corporate Affairs  Shri Piyush Goyal will preside over as the Chief Guest of the event and Minister of State for Finance, Shri Shiv Pratap Shukla will be the Guest of Honour.

NITI Aayog releases First Delta Ranking of Aspirational Districts 

The NITI Aayog recently launched the first Delta ranking (incremental progress) for the Aspirational Districts, based on self-reported data of districts between March 31, 2018 to May 31, 2018.

  • These ranking is based on five developmental areas of Health and Nutrition, Education, Agriculture and Water Resources, Financial Inclusion and Skill Development, and Basic Infrastructure.
  • Dahod district in Gujarat has been ranked first among 108 ‘aspirational districts’ by the NITI Aayog on the basis of incremental development over two months. West Sikkim district stood second.
  • The NITI Aayog has ranked 108 districts out of 112 Aspirational Districts.

Telangana CM lays stone for Rs 554-crore Gattu project

Telangana Chief Minister K Chandrasekhar Rao had laid foundation stone for Gattu irrigation project in Jogulamba Gadwal district.

  • The project will provide water to 33,000 acres in four mandals in the district. The estimated cost of the project is Rs Rs 553.98 crore.

India moves up to 35th rank in JLL realty index

India has moved up a place to 35th spot in JLL’s Global Real Estate Transparency Index 2018, registering maximum improvement in transparency over the last two years.

  • Policy reforms, liberalisation of FDI into realty and retail, strengthening of public information and assigning industry status to affordable housing helped India surge ahead in the rankings.
  • According to the survey, UK is at the top position followed by Australia and the US.
  • Venezuela is the least transparent market with 100th rank.

Indian, Indonesian Navies Participate in Passage Exercise

The Navies of India and Indonesia participated in Passage Exercise (PASSEX), to enhance their maritime cooperation.

  • Indian Naval ships INS Shakti and INS Kamorta under the command of Rear Admiral Dinesh K Tripathi, Flag Officer Commanding Eastern Fleet, undertook Passage Exercise (PASSEX) with Indonesian Naval Ship KRI Madidihang (855) a Stingrays Class Fast Patrol Craft on leaving the Port of Makassar, Indonesia.

NITI Aayog partners with GNFC Ltd to implement Fertilizer Subsidy Disbursement through Blockchain Technology 

NITI Aayog and Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) have signed a Statement of Intent (SOI) today to work together towards implementing a Proof-of-Concept (“PoC”) application using Blockchain Technology for fertiliser subsidy management to make it more transparent and immune to leakages.

  • They will jointly develop the use case, under take research, interact with multiple stakeholders, develop Blockchain solutions, exchange learnings, organise forums, and disseminate learnings across their networks.
Home Minister Announces Institution of “Home Minister’s Special Operation Medal” 

The Union Home Minister Shri Rajnath Singh has approved the institution of “Home Minister’s Special Operation Medal” for Police Officers of States & Union Territories, Central Police Organisations (CPOs), Central Armed Police Forces (CAPFs) and Security Organisation involved in Special Operations.

  • The Union Home Minister has also instituted three more Medals namely the Antarik Suraksha Medal, Asadharan Aashuchan Padak, and Utkrisht & Ati-Utkrisht Seva Medal.
  • The Medals will be awarded annually.
  • HM’s Special Operation Medal and Asadharan Aashuchan Padak will be awarded on 15th August (Independence Day).
  • Antarik Suraksha Medal and Utkrisht & Ati-Utkrisht Seva Medal will be announced on 26th January (Republic Day)

Mumbai Airport Among Least Punctual Airports In The World: Study

Based upon a report by British aviation intelligence firm OAG, Mumbai’s Chhatrapati Shivaji International Airport has been ranked as the fifth least punctual airport in the world with a rank of 509 out of the 513 airports globally.

  • These are among the findings in a report of 513 airports and 65 airlines across the world.
  • The Nagoya Komaki Airport in Japan topped the global ranking list with an ‘on-time performance’ (OTP) rate of 94.5 percent.
  • None of the major Indian airports figured among the top 200 in ‘on-time performance’ (OTP), but the small Port Blair airport in the Andaman and Nicobar Islands got the worldwide rank of 65, thanks to its punctuality rate of 84.6 percent.
  • Delhi, Bengaluru, Chennai and Hyderabad ranked 451, 262, 255 and 246 in the list well above Mumbai which had the OTP of 60 percent.
  • Further, Air India is the lowest ranking Indian airline on the list, ranked at 64 out of 65 airlines, with just 58.4 percent of its 1.7 lakh flights being on time.
  • IndiGo Airlines is placed highest among Indian airlines on the list, at rank 14 with 82 percent of its flight to be on time.
  • South Korea’s low-cost airline T’way Air topped the global ranking with an OTP of 95.6 percent.


RESIGNATION

B. Sriram resigns as SBI MD amid IDBI stake sale buzz

State Bank of India (SBI) managing director B Sriram has resigned from the country’s largest lender after his appointment as chief executive of IDBI Bank.

  • The government recently appointed Sriram as managing director and CEO of IDBI Bank for a temporary period of three months following M K Jain demitting office to take over as Deputy Governor of RBI.


BANKING

Govt Notifies Phase 4 of Electoral Bond Scheme 2018

The Government of India had notified the Electoral Bond Scheme 2018 on January 2, 2018. The Finance Ministry has announced that the fourth tranche of electoral bonds sale will take place from July 2-11.

  • State Bank of India (SBI), in the 4th phase of sale, has been authorised to issue and encash Electoral Bonds through its 11 Authorised Branches
  • The sale of first batch of electoral bonds took place between March 1 and March 10, 2018. The second phase was launched on April 2 till April 10. The third phase took place during May 1-10.

Electoral Bonds Scheme

  • As per provisions of the Scheme, Electoral Bonds may be purchased by a person, who is a citizen of India or incorporated or established in India.
  • A person being an individual can buy Electoral Bonds, either singly or jointly with other individuals.
  • Only the Political Parties registered under Section 29A of the Representation of the People Act, 1951 (43 of 1951) and which secured not less than 1% of the votes polled in the last General Election to the House of the People or the Legislative Assembly of the State, shall be eligible to receive the Electoral Bonds.
  • The Electoral Bonds shall be encashed by an eligible Political Party only through a Bank account with the Authorized Bank.
  • Electoral Bonds shall be valid for fifteen calendar days from the date of issue and no payment shall be made to any payee Political Party if the Electoral Bond is deposited after expiry of the validity period.
  • The Electoral Bond deposited by an eligible Political Party in its account shall be credited on the same day.


BUSINESS

BHEL inks pact with Korean firm NANO for emission controlling equipment

Bharat Heavy Electricals Limited (BHEL) has signed Technology Collaboration Agreement (TCA) with South Korean firm NANO Co Ltd. for design and manufacture of emission controlling devices for coal-based thermal power plants to comply with emission norms.

Bhel

  • Under the agreement, NANO will design and manufacture the solution known as SCR Catalysts for De-NOx application in coal-fired plants to enhance BHEL’s offerings for emission control systems (De-NOx applications).


SPORTS

Striker Rani Rampal to lead Indian team in Women’s hockey world cup

Rani Rampal has been named as the Captain of India’s 18-member squad for the women’s hockey World Cup while goalkeeper Savita will serve as her deputy in the World Cup to be played in London from July 21 to August 5, 2018.

  • India have been placed in Pool B alongside hosts and world no. 2 England, world no. 7 USA and world no. 16 Ireland.

Dutee Chand sets national record in women’s 100m

Indian sprinter Dutee Chand has set a new national record in the women’s 100-metre race at the 58th National Inter State Senior Athletics Championships held at Sarusajai Stadium, Guwahati.

  • She clocked 11.29 seconds to beat her own previous record of 11.30 seconds which she achieved at the Indian Grand Prix in 2017.
  • Dutee has qualified for the Asian Games in 100m and 200m by breaching the qualifying timings at the Inter State Championships.


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