GK Update of 18th June 2021 overlaying the next information headlines: Sustainable Gastronomy Day, Confederation of Indian Industry, IDBI Bank, Wooden satellite tv for pc, Vedic Education and Sanskar Board.
National News
1. UK and Australia agreed on historic free commerce settlement
- A brand new free commerce settlement with the United Kingdom will ship extra Australian jobs and enterprise alternatives for exporters, bringing each international locations nearer collectively in a altering strategic surroundings.
- Prime Ministers Scott Morrison and Boris Johnson have agreed on the broad outlines of an Australia-UK Free Trade Agreement (FTA).
- The FTA is the precise deal for Australia and the United Kingdom, with better entry to a spread of high-quality merchandise made in each international locations in addition to better entry for companies and employees, all of which is able to drive financial development and job creation in each international locations.
- Australian producers and farmers will obtain a big increase by getting better entry to the UK market.
Important takeaways for all aggressive exams:
- UK Capital: London;
- UK Prime minister: Boris Johnson;
- UK Currency: Pound sterling;
- Australia Capital: Canberra;
- Australia Currency: Australian greenback;
- Australia Prime minister: Scott Morrison.
State News
2. Rajasthan govt will set Vedic Education and Sanskar Board
- The Rajasthan authorities will quickly arrange a Vedic Education and Sanskar Board to revive the data of Sanskrit scriptures and Vedas. The board is more likely to be fashioned within the subsequent 4 to 5 months.
- A committee, fashioned to outline goals, goals and functioning of the board, has submitted its report back to the state authorities, Minister of State (MoS) for Sanskrit Education Subhash Garg talked about, including modules will likely be introduced earlier than the board primarily based on the report.
- He acknowledged the Vedic board would come into perform after approval from Chief Minister Ashok Gehlot.
Important takeaways for all aggressive exams:
- Chief Minister of Rajasthan: Ashok Gehlot; Governor: Kalraj Mishra.
3. MP Govt launches ‘Yuva Shakti Corona Mukti Abhiyan’
- The Government of Madhya Pradesh has launched ‘Yuva Shakti Corona Mukti Abhiyan’ to make the individuals of the state conscious of the continued COVID-19 pandemic. It interprets to free from Corona with the assistance of the youth energy marketing campaign.
- Students in schools in small teams will likely be given data and particulars in regards to the significance of COVID-friendly behaviour and vaccination.
- On the directions of Chief Minister Shivraj Singh Chouhan, the marketing campaign has been launched by the upper schooling and the technical schooling division of the state in collaboration with the general public healthcare and household welfare division.
Important takeaways for all aggressive exams:
- Chief Minister of Madhya Pradesh: Shivraj Singh Chouhan; Governor: Anandiben Patel.
Appointments News
4. Govt appoints Aashish Chandorkar as director at India’s WTO mission
- The authorities of India has appointed a non-public individual Aashish Chandorkar as Counsellor in India’s Permanent Mission within the World Trade Organisation for 3 years. For the primary time, a non-public individual has been appointed on the Mission.
- Chandorkar is director of Bengaluru-based coverage assume tank Smahi Foundation of Policy and Research. The WTO is a 164-member multi-lateral physique, which offers with international commerce. India is a member since 1995.
Important takeaways for all aggressive exams:
- World Trade Organization Director-General: Ngozi Okonjo-Iweala;
- World Trade Organization Headquarters: Geneva, Switzerland;
- World Trade Organization Founded: 1 January 1995.
Banking News
5. LIC CSL launches pay as you go reward card in collaboration with IDBI Bank
- LIC Cards Services (LIC CSL) has launched a contactless pay as you go reward card, ‘Shagun’, in collaboration with IDBI Bank on the RuPay platform.
- The function of this card is to increase the reward card market with an intent to advertise cashless methods of gifting and current a variety of end-use selections and in a future foray into the market of e-gift playing cards.
- NPCI partnered with LIC CSL & IDBI Bank for the launch of the Shagun Gift Card on RuPay community.
- Shagun card, within the preliminary part, will likely be accessible to LIC and its subsidiaries for official use. The card will likely be used to facilitate awards and particular rewards throughout official conferences and features.
- The Shagun reward card gives customisation within the type of versatile loading of any quantity starting from Rs 500 to Rs 10,000. With this card, the client can carry out a number of transactions inside the validity of 3 years.
- They may also use it to buy on-line, pay utility payments, guide tickets for air, rail, bus, and so forth by way of numerous cell wallets and E-commerce portals or apps utilizing this card. The contactless (faucet & go) function of the cardboard is aimed toward reworking the transaction expertise for customers.
Important takeaways for all aggressive exams:
- IDBI Bank CEO: Rakesh Sharma.
- IDBI Bank Headquarters: Mumbai, Maharashtra.
Economy News
6. CII tasks India’s FY22 GDP development at 9.5%
- The Confederation of Indian Industry (CII) has estimated the gross home product (GDP) of India to develop at 9.5 per cent within the present monetary 12 months, i.e. FY 2021-22. This will take the GDP to a stage that’s barely greater than in FY20.
- Rising medical expenditure has squeezed incomes and demand. But restoration is on the playing cards. Global development and macroeconomic stability will help commerce and funding flows.
Ranks and Reports News
7. India ranked 2nd in share of central financial institution surplus transfers
- The Reserve Bank of India (RBI) was second by way of reserves transferred to the federal government as a proportion of gross home product (GDP) for the fiscal 12 months 2020-21. Turkey has been ranked first.
- RBI has transferred Rs 99,122-crore surplus to the federal government for FY21 which is 73% greater than the Rs 57,128 crore paid out in 2019-20.
- The surplus transferred by RBI constitutes 0.44% of GDP, whereas that of the Central Bank of the Republic of Turkey constitutes 0.5% of GDP.
8. Global Peace Index 2021 introduced
- The fifteenth version of the Global Peace Index (GPI) introduced by Institute for Economics and Peace (IEP) Sydney, the GPI is the world’s main measure of worldwide peacefulness.
- The index ranks 163 impartial states and territories in keeping with their stage of peacefulness. This report presents essentially the most complete data-driven evaluation up to now on traits in peace, its financial worth, and how you can develop peaceable societies.
- Iceland stays essentially the most peaceable nation on the planet, a place it has held since 2008.
- It is joined on the prime of the index by New Zealand, Denmark, Portugal, and Slovenia.
- Afghanistan is the least peaceable nation on the planet for the fourth consecutive 12 months, adopted by Yemen, Syria, South Sudan, and Iraq.
- India has moved up two notches from its earlier 12 months’s rating to turn into the one hundred and thirty fifth most peaceable nation on the planet and the fifth within the area.
Science and Technology information
9. European Space Agency (ESA) will launch world’s first wood satellite tv for pc
- The European Space Agency (ESA) has deliberate to launch the world’s first wood satellite tv for pc.
- It goes to be launched from New Zealand. It will likely be launched from a Rocket Lab Electron rocket by the top of 2021. The satellite tv for pc is the brainchild of Jari Makinen.
- The satellite tv for pc, WISA Woodsat, is a nanosatellite. It is 10cm on both sides, size, top, and width.
- The sensors of the satellite tv for pc have been developed by the European Space Agency (ESA) and designers have positioned the wooden in a thermal vacuum chamber to maintain it dry.
- A really skinny aluminium oxide layer has been used to reduce the vapour coming from the wooden and to guard it from the erosive results of atomic oxygen. The non-wooden exterior components are made up of aluminium rails.
Important takeaways for all aggressive exams:
- European Space Agency Headquarters: Paris, France;
- European Space Agency Founded: 30 May 1975, Europe;
- European Space Agency CEO: Johann-Dietrich Worner.
Sports News
10. Sports model Puma India extends partnership with Yuvraj Singh
- Global sports activities model Puma India has prolonged partnership with former Indian cricketer Yuvraj Singh, who has been related to the model for over a decade.
- Moving from cricket to the quick lane, Yuvraj will now be seen in a brand new avatar because the face of Puma Motorsport in India, showcasing his ardour for quick automobiles and sports-inspired style.
- With this, Yuvraj has joined the model’s international league of legends like Thierry Henry, Boris Becker and Usain Bolt.
- Globally, Puma is related to Scuderia Ferrari, Mercedes-AMG Petronas Formula One Team, Aston Martin Red Bull Racing, BMW M Motorsport and Porsche Motorsport.
- With India being one of many greatest markets for Puma motorsport, the model seems to be to capitalise on the rising demand for streetstyle merchandise impressed by efficiency gear.
Important Days
11. Sustainable Gastronomy Day: 18 June
- Sustainable Gastronomy Day is noticed on 18 June globally to focus the eye of the world on the function that sustainable gastronomy performs in our lives. The day was designated by UN General Assembly on 21 December 2016.
- Gastronomy means the observe or artwork of selecting, cooking, and consuming good meals. In different phrases, Sustainable gastronomy takes into consideration the place the elements are from, how the meals is grown and the way it will get to our markets and finally to our plates.
- The day reaffirms that each one cultures and civilizations are contributors and essential enablers of sustainable improvement.
12. Autistic Pride Day: 18 June
- Every 12 months, Autistic Pride Day is noticed on June 18 globally to create consciousness about autism amongst individuals and recognise the significance of delight for autistic individuals and its function in bringing about constructive adjustments within the broader society.
- The day is represented by a rainbow infinity image which denotes the infinite potentialities that autistic individuals have. Autistic Pride Day was first celebrated in Brazil in 2005, on the initiative of an organisation named Aspies for Freedom.
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