Daily Current Affairs June 28

Dear Champions, as you all know that a lot of competitive exams have been notified consequently. Candidates have to prepare themselves according to the level of competition and expectation of the Recruitment board. Regarding that one of the most important topic is Daily Current Affairs June 28. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.

Current affairs are the most dynamic yet scoring among all sections and need to be prepared from the right source. Here, we cafunsta team, providing  Daily GK Updates, Current Affairs Questions, and Monthly  current affairs pdf.

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June 28| Daily Current Affairs 2022

Sports – Daily Current Affairs June 28

1. Deepak Punia won bronze in U23 Asian wrestling championships 2022,India won how many medals in U23?
A) 20
B) 26
C) 25
D) 15
E) 30
Answer: C) 25

• Tokyo Olympian Deepak Punia won a bronze medal after defeating MaksatSatybaldy in the 86kg freestyle weight category at the U23 Asian wrestling championships 2022 in Bishkek, Kyrgyzstan.
• India won 25 medals in all in the U23 meet in the event, including 10 gold medals.

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Banking and Finance – Daily Current Affairs June 28

2. Mobavenue enabledhow many crores loans to private banks, NBFCs?
A) 2000
B) 1500
C) 500
D) 2500
E) 1000
Answer: E) 1000

• Mobavenue(Mumbai), an artificial intelligence-based advertising and media buying platform, has enabled over ₹1,000 crore loans for many leading private sector banks and NBFCs.
• The company is currently working with leading banks and NBFCs like ICICI Bank, IndusInd Bank, Kotak Mahindra Bank, Kreditbee, Freecharge, NaviFinserv, Nira Finance, Fi Money, Unicard, OneCard, and Policy Bazaar to drive instant loans, personal loans, home loans, savings accounts, credit cards and insurance.
• Mobavenue has successfully provided unique programming strategies to numerous banks and NBFCs by implementing dynamic creatives and other efficient in-house media tools.
• Its cutting-edge, advanced mobile advertising solutions have optimised the ROI of banks and NBFCs and helped them achieve promotional brand exposure, faster conversions, improved user acquisition and customer retention.

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3. RBI imposedhow many lakh penalty on The Tiruchengode Co-operative Urban Bank?
A) 10
B) 25
C) 20
D) 15
E) 30
Answer: A) 10

• The Reserve Bank of India (RBI) has imposed a penalty of Rs 10 lakh on The Tiruchengode Co-operative Urban Bank, Tiruchengode, Tamil Nadu, for non-adherence or violation of directions issued under various guidelines including Know Your Customer (KYC) Guidelines.
• The penalty has been imposed in the exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and Section 56 of the Banking Regulation Act, 1949 (AACS).
• This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

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4. Credit card spend crossedhow many lakh cr in May?
A) 2.13
B) 1.13
C) 1.31
D) 3.11
E) 3.13
Answer: B) 1.13

• Credit card spending has crossed Rs 1.13 lakh crore in May compared to Rs 1.05 lakh crore in the previous month according to official data.
• The latest data from the Reserve Bank of India (RBI) showed that 7.68 crore credit card holders spent about Rs 71,429 crore for buying online, while the amount was spent through swipes at Point of Sale (PoS) machines stood at Rs 42,266 crore in May.
• In terms of the number of transactions, credit card payments were marginally lower online at 11.5 crores against 12.2 crores offline or at PoS machines.
• Credit card holders spent Rs 65,652 crore for buying online, while the amount spent through Point of Sale (PoS) machines was Rs 39,806 crore in April.
• As far as the debit card is concerned, the spending through PoS and online together was Rs 65,957 crore during the month.
• The spending through PoS was Rs 44,305 crore against e-commerce spending of Rs 21,104 crore through the debit card in May.
• During the month, there has been an addition of about 20 lakh credit cards.
• The number of the card was 7.51 crore in April.
• HDFC Bank had the highest number of credit cards at 1.72 crores in May as the RBI lifted the ban on the issuance of new credit cards in March.
• In terms of credit cards, HDFC Bank was followed by the State Bank of India (1.41 crore) and ICICI Bank (1.33 crore) at the end of May 2022.

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Business and Economy – Daily Current Affairs June 28

5. Sebi imposed how many crore penalties on 2 Sahara Group firms?
A) 10
B) 14
C) 15
D) 12
E) 18
Answer: D) 12

• Sebi imposed penalties totalling Rs 12 crore on two Sahara Group firms — Sahara Commodity Services Corporation Ltd and Sahara Housing Investment Corporation Ltd — as well as Subrata Roy Sahara and three others for violating regulatory norms in the issuance of optionally fully convertible debentures in 2008 and 2009.
• The individuals penalised by Sebi are Ashok Roy Choudhary, Ravi Shanker Dubey and VandanaBharrgava.
• The fines need to be paid in 45 days.

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Acquisitions and Mergers – Daily Current Affairs June 28

6. Cybernetik acquiredhow many percent stake in US-based Buffalo Extraction Systems?
A) 87.5%
B) 90%
C) 82.5%
D) 92.5%
E) 85%
Answer: A) 87.5%

• Industrial automation firm Cybernetik(Pune) has acquired an 87.5 per cent stake in US-based Buffalo Extraction Systems for an undisclosed sum.

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Appointments – Daily Current Affairs June 28

7. AgNext appointedwho among the following as CBO?
A) Bhupesh Patel
B) RohitPajni
C) Ramesh Bafna
D) Dinkar Gupta
E) Akash M Ambani
Answer: B) RohitPajni

• AgNext Technologies, an agritech company, has on-boarded RohitPajnias Chief Business Officer (CBO) to lead its domestic and global agri-trade business.
• Prior to this, he headed ITC’s wheat business, and country-wide supply chain and operations.

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8. Who among the following took charge as NIA chief?
A) Bhupesh Patel
B) RohitPajni
C) Ramesh Bafna
D) Dinkar Gupta
E) Akash M Ambani
Answer: D) Dinkar Gupta

• Former Punjab DGP Dinkar Gupta took over as the Director General of the National Investigation Agency (NIA), an anti-terror probe agency formed after the 26/11 terror attack in Mumbai, relieving CRPF chief Kuldiep Singh of the additional charge.

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9. Who among the following became chairman of Reliance Jio?
A) Bhupesh Patel
B) RohitPajni
C) Ramesh Bafna
D) Dinkar Gupta
E) Akash M Ambani
Answer: E) Akash M Ambani

• In a clear indication that MukeshAmbani is handing over the reins of Reliance group entities to his children, Akash M Ambanihas been appointed Chairman of the Board of Directors of Reliance Jio.

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10. CoinSwitch appointed who among the following as CFO?
A) Bhupesh Patel
B) RohitPajni
C) Ramesh Bafna
D) Dinkar Gupta
E) Akash M Ambani
Answer: C) Ramesh Bafna

• Crypto investing company CoinSwitch has appointed Ramesh Bafna as the chief financial officer.
• With over 18 years of experience, Bafna has built a sustainable marketplace revenue model in e-commerce companies such as Myntra and Flipkart as well as led the finance workstreams at IT services major Wipro.

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Defence – Daily Current Affairs June 28

11. Armed Forces Start Fresh Process to buy over how many Sniper Rifles?
A) 4800
B) 3000
C) 4500
D) 3500
E) 4000
Answer: A) 4800

• The Indian Armed Forces have initiated a fresh process to buy over 4,800 sniper rifles at a cost of more than Rs 450 crore after the defence procurement board last month accorded the Acceptance of Necessity (AoN) for the procurement.
• In a Request for Information (RFI) published, the Army said that around 4,800 .338 sniper rifles with telescopic sight will be procured under the “Buy Indian” category along with 78 lakh rounds of ammunition.
• As per defence sources, around 4,500 sniper rifles will go to the Army, over 200 to the Indian Air Force and the rest to the Navy.
• As per the RFI, the new sniper rifles will use the .338 Lapua Magnum ammunition and will have a range of 1,200 metres or more.

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International Affairs – Daily Current Affairs June 28

12. G7 pledgedhow many billion USD to fight global hunger?
A) 3.5
B) 4
C) 4.5
D) 3
E) 5.5
Answer: C) 4.5

• G7 leaders pledged $4.5 billion to fight global hunger and agreed to step up their efforts to help Ukrainian farmers keep working and to address fertilizer shortages.
• The communique agreed at the end of a three-day summit in the Bavarian Alps also called on those with stockpiles to make food available and stressed a commitment to keep agricultural markets open.

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National Affairs – Daily Current Affairs June 28

13. Punjab AAP budget skips poll promised of how many rupees allowance for women?
A) 2000
B) 500
C) 1500
D) 2500
E) 1000
Answer: E) 1000

• The AamAadmi Party presented its maiden budget of Rs 1.55 lakh crore that proposes no new taxes.
• The focus of the budget is on education, health and agriculture.
• The government has not made any provision for implementing its poll promise of Rs 1,000 allowance for each woman over 18 years of age.
• The government proposes to earn Rs 95,378.28 crore this fiscal against an expenditure of Rs 1,55,859.78 crore.
• That leaves a revenue deficit of Rs 12553.80 crore.
• The budgetary proposals for 2022-23 reflects 14.20% growth over 2021-22.
• The revenue receipts are projected to increase by almost `14,000 crore over 2021-22.
• The revenue augmentation would be through excise policy that would yield the state a revenue increase of 56%.
• The buoyancy in GST collection will get the state an increased revenue of 27% over the last year and increase in non-tax revenue by 11%.

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14. Govt to ban identified Single Use Plastic Items from which month of 2022?
A) October 01
B) July 01
C) November 01
D) August 01
E) September 01
Answer: B) July 01

• Carrying forward the spirit of ‘AzadikaAmritMahotsava’, a defining step to curb pollution caused by littered and unmanaged plastic waste is being taken by the country.
• India will ban manufacture, import, stocking, distribution, sale and use of identified single use plastic items, which have low utility and high littering potential, all across the country from July 1, 2022.
• In the 4th United Nations Environment Assembly held in 2019, India had piloted a resolution on addressing single-use plastic products pollution, recognizing the urgent need for the global community to focus on this very important issue.
• In the recently concluded 5th session of United Nations Environment Assembly in March 2022, India engaged constructively with all member states to develop consensus on the resolution for driving global action on plastic pollution.
• The list of banned items includes –ear buds with plastic sticks, plastic sticks for balloons, plastic flags, candy sticks, ice- cream sticks, polystyrene (Thermocol) for decoration, plastic plates, cups, glasses, cutlery such as forks, spoons, knives, straw, trays, wrapping or packing films around sweet boxes, invitation cards, cigarette packets, plastic or PVC banners less than 100 micron, stirrers.
• The Plastic Waste Management Amendment Rules, 2021, also prohibit manufacture, import, stocking, distribution, sale and use of plastic carry bags having thickness less than seventy five microns with effect from 30th September, 2021, and having thickness less than thickness of one hundred and twenty microns with effect from the 31st December, 2022.
• The Ministry of Environment, Forest and Climate Change has also notified the Guidelines on Extended Producers Responsibility on plastic packaging as Plastic Waste Management Amendment Rules, 2022 on 16th February, 2022.
• Extended Producer Responsibility (EPR) is responsibility of a producer for the environmentally sound management of the product until the end of its life.

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15. Union Agriculture Minister NS Tomar inaugurates Honey Testing Lab in which of the following state?
A) Assam
B) Meghalaya
C) Arunachal Pradesh
D) Nagaland
E) Mizoram
Answer: D) Nagaland

• In a significant step towards strengthening the Northeast, Union Agriculture Minister Narendra Singh Tomar inaugurated a Honey Testing Lab in Nagaland.
• The Honey Mission programmewas launched by Khadi & Village Industries Commission (KVIC), under the Ministry of MSME, during 2017-18 and is being implemented to promote Bee Keeping activities and provide self-sustaining employment opportunities among farmers, Adivasis and unemployed youth in rural India, especially in economically backward and remote areas.
• The mission was announced as part of the AtmaNirbhar Bharat scheme.
• NBHM aims for the overall promotion & development of scientific beekeeping in the country to achieve the goal of ‘Sweet Revolution’ which is being implemented through the National Bee Board (NBB).

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16. Govt approved investment proposals worth how many crore for electronics manufacturing?
A) 86824
B) 86284
C) 86842
D) 86248
E) 86482
Answer: A) 86824

• The electronics and IT ministry has approved a total of 314 applications with proposed investments of Rs 86,824 crore under a modified special incentive package scheme till May 31, 2022.
• The proposals that were approved in May included an investment of Rs 596 crore from Bosch Automotive Electronics Private Limited.
• M-SIPS (Modified Special Incentive Package Scheme) was announced by the government in July 2012.
• It has been amended twice –- in August, 2015 and in January, 2017, and mainly provides a capex subsidy of 20-25 per cent.
• The application window for M-SIPS was closed on December 31, 2018.
• As on May 31, 2022, incentives of Rs 1,774.47 crore have been disbursed to 114 applicants.
• M-SIPS was the first scheme under which the government wooed electronics manufacturing companies.
• Samsung, LG, Bosch, Tejas Networks, Motherson Sumi Systems, Tata Power SED, Nidec India, Nippon Audiotronix, Continental Automotive, GE BE and Wipro GE healthcare were the initial applicants for the scheme.
• The government has now come up with the production-linked incentive schemes in an attempt to woo global mobile device makers.
• In October 2020, it cleared 16 proposals from domestic and international companies entailing investment of Rs 11,000 crore under the Production Linked Incentive (PLI) scheme to manufacture mobile phones worth Rs 10.5 lakh crore over the next five years.
• The companies include iPhone maker Apple’s contract manufacturers Foxconn Hon Hai, Wistron and Pegatron, apart from Samsung and Rising Star.
• Domestic companies whose proposals have been approved include Lava, Bhagwati (Micromax), Padget Electronics (Dixon Technologies), UTL Neolyncs and Optiemus.

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17. FMC launched pre-emergent herbicide to support _____ farmers in India?
A) Paddy
B) Brinjal
C) Sugarcane
D) Groundnut
E) Wheat
Answer: C) Sugarcane

• FMC India, an agricultural sciences company, announced the launch of Austral® herbicide, a new pre-emergent herbicide for sugarcane crop.
• Austral® herbicide provides a new level of broad-spectrum weed control in the critical growth stage of sugarcane, ensuring strong establishment of the crop for a better yield.
• India is the second largest producer of sugarcane in the world.

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18. How many more firms selected under PLI scheme for white goods?
A) 10
B) 20
C) 5
D) 25
E) 15
Answer: E) 15

• The government said 15 firms, including Adani Copper Tubes, LG Electronics and Wipro Enterprises, with committed investment of Rs 1,368 crore have been provisionally selected as beneficiaries under the production linked incentive (PLI) scheme for the white goods sector.
• In November last year, 42 firms, including Daikin, Panasonic, Syska and Havells, with committed investment of Rs 4,614 crore were selected.
• In March this year, the government had reopened the application window for its Rs 6,238-crore PLI scheme for air-conditioners (ACs) and LED lights with an aim to accommodate more players as several firms had expressed interest in the initiative.

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