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June 16 | Daily Current Affairs 2021

IMPORTANT DAYS

1. International Day of Family Remittances is observed on which date?
A) June 12
B) June 13
C) June 16
D) June 19
E) June 20
Ans is C) June 16

  • On 16 June, the International Day of Family Remittances (IDFR) is observed.
  • Adopted by the United Nations General Assembly, this day has been created to recognise the contribution of as many as 200 million migrant workers who send money to their family members, the number of which is as high as 800 million.

Theme of International Day of Family Remittances 2021:

  • The theme of IDFR this year is ‘Recovery and resilience through digital and financial inclusion.’

BANKING AND FINANCE

2. ADB and India sign how much amount loan to improve highways in Tamil Nadu Industrial Corridor?
A) $ 434 Million
B) $ 414 Million
C) $ 464 Million
D) $ 484 Million
E) $ 424 Million
Answer: D) $ 484 Million

Titbits

Tamil Nadu:
Capital: Chennai
CM: Muthuvel Karunanidhi Stalin
Governor: Banwarilal Purohit

Asian Development Bank:
Member Countries: 68
Founded Year: 1966
Headquarters: Manila, Philippines
Head: Masatsugu Asakawa

ADB + India – Sign $484m loan to improve highways in Tamil Nadu Industrial Corridor.

3. Innoviti announced the launch ofIndia’s first smart marketing app named for the benefit of local mobile dealers in Telangana and Andhra Pradesh?
A) G.A.N.I.E
B) G.E.N.I.E
C) G.A.N.E.E
D) G.S.N.I.E
E) G.A.N.S.E
Answer: B) G.E.N.I.E

  • Bangalore-based Innoviti, one of the leading FinTech players in India, announced the launch of G.E.N.I.E, India’s first smart marketing app for the benefit of local mobile dealers in Telangana and Andhra Pradesh.
  • Keeping the interests of the mobile dealer community who has been facing the onslaught of online, especially during the ongoing Covid 19 pandemic, the app is designed to bring online customers back to retail shops, the company said in a statement.
  • The Covid-19 pandemic has triggered a significant move from offline to online, affecting the businesses of local mobile and consumer durable dealers.

Innoviti – Smart marketing app ‘G.E.N.I.E’ for local mobile retailers in AP, Telangana.

4. The RBI has imposed penalty of how much amount on the Bijnor Urban Co-operative Bank Limited for contravention of certain norms?
A) Rs 1 lakh
B) Rs 6 lakh
C) Rs 2 lakh
D) Rs 3 lakh
E) Rs 4 lakh
Answer: B) Rs 6 lakh

  • The RBI has imposed penalty totalling Rs 11 lakh on Bijnor Urban Co-operative Bank Limited, Bijnor and National Urban Co-operative Bank Limited, New Delhi for contravention of certain norms.
  • A penalty of Rs 6 lakh has been imposed on the Bijnor Urban Co-operative Bank Limited, and Rs 5 lakh on the National Urban Co-operative Bank Limited.
Titbits

Reserve Bank of India:
Act: Reserve Bank of India Act, 1934
Headquarters– Mumbai, Maharashtra
Governor– Shaktikanta Das
Deputy Governors– 4 (T Rabi Sankar, Mahesh Kumar Jain, Michael Debabrata Patra, M. Rajeshwar Rao)

RBI – Penalty Rs 6 lakh on the Bijnor Urban Co-operative Bank Limited for contravention of certain norms.

5. Which housing finance launched a ‘design your EMI’ home loan product to enable customers to customise their equated monthly installments (EMIs)?
A) Can Fin Homes Limited
B) Cent Bank Home Finance Limited
C) Dewan Housing Finance Corporation Ltd
D) Aadhar Housing Finance Limited
E) Godrej Housing Finance Limited
Answer: E) Godrej Housing Finance Limited

  • Godrej Housing Finance (GHF) has launched a ‘design your EMI’ home loan product to enable customers to customise their equated monthly installments (EMIs).
  • This is aimed at optimising their cashflows and bring down the cost of home ownership.

Godrej Housing Finance – ‘Design your EMI’ home loan product.

6. Which bank launches digital banking solutions for corporate?
A) Kotak Mahindra Bank
B) DBS Bank India
C) CSB Bank
D) ICICI Bank
E) HDFC Bank
Answer: D) ICICI Bank

  • Private sector lender ICICI Bank announced the launch of a comprehensive set of digital banking solutions for corporates and their entire ecosystem, including promoters, group companies, employees, dealers, vendors and all other stakeholders.
  • Called ICICI STACK for Corporates, it provides customised digital banking services to companies in over 15 sectors such as financial services, IT/ITES, pharmaceuticals, steel and their entire ecosystem.
  • It has also opened eight ecosystem branches — five in Mumbai and three in the National Capital Region (NCR) to supplement these efforts. It plans to launch another four such branches in this financial year.
Titbits

ICICI Bank:
Headquarters: Mumbai, Maharashtra
MD & CEO: SandeepBakshi
Tagline: Hum Hai Na, KhayalApka

ICICI Bank – Digital banking solutions for corporates.

BOOKS AND AUTHORS

7. A book titled “Essays in Celebrity Culture” is authored by whom?
A) Jeff Kinney
B) SK Joshi
C) RJ Palacio
D) Pramod K Nayar
E) Meghan
Answer: D) Pramod K Nayar

  • A book titled “Essays in Celebrity Culture” by Prof. Pramod K Nayar, Professor at the Department of English, University of Hyderabad (UoH) has been recently published by the Anthem Press.

‘Essays in Celebrity Culture’ – Authored by Prof. Pramod K Nayar.

APPOINTMENTS

8. Which financial organisation and International Monetary Fund launch high-level advisory group for economic recovery and growth?
A) EIB
B) AfDB
C) AIIB
D) World Bank
E) ADB
Answer: D) World Bank

  • First, focus on the immediate challenge of a sustainable and inclusive recovery to inform the processes and meetings in 2021 leading up to the G20 Summit in Rome (October) and the COP26 in Glasgow (November).
  • Second, deepen the analyses and formulation of actions for sustained transformation in 2022.
Titbits

World Bank:
Founded: 1944
Members: 189 countries (IBRD), 173 countries (IDA)
Hq: Washington D.C, US
Head: David Malpass

IMF:
Abbreviation: International Monetary Fund
Managing Director: Kristalina Georgieva
Headquarters: Washington, D.C., U.S
Chief Economist: Gita Gopinath
Formation: 27 December 1945

World Bank + IMF – Launch high-level advisory group for economic recovery and growth.

AWARDS

9. Maida Bilal won 2021 Goldman Environmental Prize. She was related to which country?
A) Bosnia
B) UAE
C) Israel
D) Argentina
E) Albania
Answer: A) Bosnia

  • Maida Bilal endured being beaten and harassed when she spent more than 500 days guarding the site of a planned mini hydropower plant on Bosnia’s Kruscica River with a team of women from her village before the building permits were annulled.
  • That battle in central Bosnia may have been won back in December 2018, but she is still on the frontline in the fight against other proposed plants across the Balkan country and has now been honoured with a so-called “Green Nobel”.
  • The 40-year-old was the named European winner of the 2021 Goldman Environmental Prize, that honours grassroots environmental pioneers from six regions around the world.

Maida Bilal – Bosnian woman awarded ‘Green Nobel’ for fighting to save river.

INTERNATIONAL AFFAIRS

10. India and which country held the 11th round of Foreign Office Consultations virtually?
A) Iceland
B) Iraq
C) Iran
D) Kyrgyzstan
E) USA
Answer: D) Kyrgyzstan

  • India- Kyrgyzstan held the 11th round of Foreign Office Consultations virtually and reviewed bilateral cooperation with special emphasis on timely implementation of decisions taken and MoUs/agreements signed during Prime Minister Narendra Modi’s visit to Kyrgyzstan in 2019.
  • The Indian side was led by Vikas Swarup, Secretary (West).
  • The Kyrgyz side was led by Nuran Niyazaliev, First Deputy Foreign Minister of the Kyrgyz Republic.
Titbits

Kyrgyzstan:
Capital: Bishkek
President: Sadyr Japarov
Currency: Kyrgyzstani som

India + Kyrgyzstan – Held the 11th round of Foreign Office Consultations virtually.

11. Rajnath Singh is participated in which edition of ASEAN Defence Ministers Meeting?
A) 8
B) 2
C) 5
D) 9
E) 1
Answer: A) 8

  • Raksha Mantri Shri Rajnath Singh called for an open and inclusive order in Indo-Pacific based upon respect for sovereignty and territorial integrity of nations while addressing the 8th ASEAN Defence Ministers Meeting (ADMM) Plus on June 16, 2021.
  • The ADMM Plus is an annual meeting of Defence Ministers of 10 ASEAN (Association of Southeast Asian Nations) countries and eight dialogue partner countries – Australia, China, India, Japan, New Zealand, Republic of Korea, Russia and the United States.
Titbits

ASEAN:
Abbreviation: Association of South East Asian Nation
Founded: 1967
Headquarters: Jakarta, Indonesia
Member Countries: Brunei, Philippines, Laos, Thailand, Vietnam, Malaysia, Indonesia, Myanmar, Cambodia, Singapore

Ministry of Defence:
Minister: Rajnath Singh
Constituency: Lucknow, Uttar Pradesh

Rajnath Singh – 8th edition of ASEAN Defence Ministers Meeting.

NATIONAL AFFAIRS

12. Govt approves proposal to roll out project to explore deep ocean for resources. What is the name of that project?
A) Deep Maritime Mission
B) Deep Ship Mission
C) Deep Blue Mission
D) Deep Sea Mission
E) Deep Ocean Mission
Answer: E) Deep Ocean Mission

  • The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved the proposal of the Ministry of Earth Sciences (MoES) on “Deep Ocean Mission” , with a view to explore the deep ocean for resources and develop deep-sea technologies for sustainable use of ocean resources.
  • The estimated cost of the Mission will be Rs. 4077 crore for a period of 5 years to be implemented in a phase-wise manner.
  • The Deep Ocean Mission consists of the following six major components
    • Development of Technologies for Deep Sea Mining, and Manned Submersible
    • Development of Ocean Climate Change Advisory Services
    • Technological innovations for exploration and conservation of deep-sea biodiversity
    • Deep Ocean Survey and Exploration
    • Energy and freshwater from the Ocean
    • Advanced Marine Station for Ocean Biology
  • After the US, Russia, France, Japan and China, India will be the sixth country to have this kind of technology.
  • An advanced marine station will be set up for ocean biology under the mission.
  • There will also be an offshore thermal energy centre, which will help new emerging sectors.

Govt – Approve proposal to roll out project to explore deep ocean for resources.

13. Which Minister launches the tribal livelihoods initiative “Sankalp Se Siddhi – Mission Van Dhan”?
A) Tribal Affairs Minister
B) AYUSH Minister
C) Home Minister
D) Women & Child Development Minister
E) Education Minister
Answer: A) Tribal Affairs Minister

  • Shri Arjun Munda, Minister for Tribal Affairs launches the tribal livelihoods initiative “Sankalp Se Siddhi – Mission Van Dhan” Seven new Tribes India Outlets inaugurated virtually at Jagdalpur, Ranchi, Jamshedpur and Sarnath Immunity boosting hampers, Tribes India Coffee table book, new TRIFED Head Office among other highlights of the mega-launch event ‘Sankalp Se Siddhi’ – Mission Van Dhan, was launched by Shri Arjun Munda, Minister for Tribal Affairs at the new premises of TRIFED Head Office in New Delhi.
Titbits

Tribal Affairs Ministry:
Minister: Arjun Munda
Constituency: Khunti, Jharkhand

Arjun Munda – Tribal livelihoods ‘Sankalp Se Siddhi- Mission Van Dhan’.

14. Who addresses inaugural ceremony of Global Yoga Conference 2021?
A) Ramesh Pokhriyal Nishank
B) Narendra Modi
C) Shri Prahlad Singh Patel
D) Harsh Vardhan
E) Prakash Javadekar
Answer: D) Harsh Vardhan

  • Dr Harsh Vardhan, Union Minister of Health and Family Welfare addressed the inaugural ceremony of Global Yoga Conference 2021 in the presence of Shri Shripad Yesso Nayak, Minister of State for Defence.
  • The event was organised by ‘Mokshayatan Yog Sansthan’ along with the Ministry of AYUSH, Government of India &Indian Council for Cultural Relations to mark the occasion of the 7th International Day of Yoga which falls on 21st June 2021.
Titbits

Health and Family Welfare, Science and Technology; and Earth Sciences Ministry:
Minister: Dr Harsh Vardhan
Constituency: Chandni Chowk, Delhi

Dr Harsh Vardhan – Address inaugural ceremony of Global Yoga Conference 2021.

15. Which state launched a scheme providing Rs five lakh financial assistance in the form of fixed deposits to children orphaned by Covid-19?
A) Tamil Nadu
B) Rajasthan
C) Himachal Pradesh
D) Uttarakhand
E) Tripura
Answer: A) Tamil Nadu

  • Tamil Nadu Chief Minister M K Stalin launched a scheme providing Rs five lakh financial assistance in the form of fixed deposits to children orphaned by Covid-19.
  • Mr Stalin launched the scheme at the State Secretariat in the presence of his Cabinet colleagues and senior officials.
  • Under the scheme, children, who have lost both their parents due to COVID, would be five Rs five lakh.
  • The amount will be put in a fixed deposit and would be given to them with interest when they attained 18 years of age.
Titbits

Tamil Nadu:
Capital: Chennai
CM: Muthuvel Karunanidhi Stalin
Governor: Banwarilal Purohit

Tamil Nadu – Rs 5 lakh FD scheme to Covid-orphaned kids.

16. Which state signs MoU with USA to boost agro-industry sector?
A) Tamil Nadu
B) Rajasthan
C) Maharashtra
D) Uttarakhand
E) Tripura
Answer: C) Maharashtra

  • Agriculture Minister Dadasaheb Bhuse and US Consul General David Ranz signed a memorandum of understanding (MoU) to promote and strengthen the SMART (State of Maharashtra’s Agri-business and Rural Transformation Programme) projects for the upliftment of small and marginal farmers.
  • The collaboration between the state and USA agriculture department is aimed at seeking advanced technology to boost the agriculture sector in Maharashtra.
Titbits

Maharashtra:
Capital: Mumbai
CM: Udhav Thackarey
Governor: Bhagat Singh Koshyari

United States:
Capital: Washington D.C
Currency: US Dollar
President: Joe Biden

Maharashtra + USA – Boost agro-industry sector.

17. Agriculture Minister inaugurates how many centres of excellence in Karnataka?
A) 6
B) 5
C) 4
D) 3
E) 2
Answer: D) 3

  • Union Minister for Agriculture Narendra Singh Tomar inaugurated three centres of excellence: one for mango in Kolar, pomegranate in Bagalkot and for vegetables in Dharwad.
  • Chief Minister B.S. Yediyurappa, Deputy Chief Minister Govid M. Karjol and Horticulture Minister N. Shankar were present during the video conference.
  • The three centres were established under the Indo-Israel action plan with advanced technologies, such as high and ultra-high-density planting, rejuvenation, canopy management, different trellising systems of planting, automated drip irrigation technology to improve yield and quality of mango, pomegranate and vegetables.
  • The Centre of Excellence for Pomegranate in Bagalkot was established with a contribution of ₹3.43 crore from the Union government and ₹1.56 crore from the Karnataka government.
  • The Centre of Excellence for Vegetables in Dharwad was established with an outlay of ₹5 crore from the Union government and ₹2.60 crore from the Karnataka government.
Titbits

Agriculture and Farmers Welfare, Rural Development and Panchayati Raj, Food Processing Industries Ministry:
Minister: Narendra Singh Tomar
Constituency: Morena, Madhya Pradesh

Karnataka:
Capital: Bengaluru
CM: B. S. Yeddyurappa
Governor: Vajubhai Vala

Agriculture Minister – 3 centres of excellence in Karnataka.

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