Daily Current Affairs June 03

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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 03 | Daily Current Affairs 2026

Important Days – Daily Current Affairs June 03

1. What is the theme of World Bicycle Day 2026?
A) Ride for Health
B) Cycling for a Greener Future
C) Sustainable Roads for All
D) Pedal for Peace
E) Green Mobility Mission
Answer: B) Cycling for a Greener Future.

Event and Location:

• Event: World Bicycle Day 2026 will be observed to highlight the bicycle as a sustainable, affordable, clean, and environmentally friendly mode of transport.
• Location: The observance will be marked worldwide.
• Date: 3 June 2026.

Mandates and Objectives:

• Mandates: The day is observed as an international United Nations-recognized occasion to promote cycling, sustainable mobility, public health, and environmental conservation.
• Objectives: The objective is to encourage individuals, communities, and governments to use bicycles for cleaner cities, healthier lifestyles, lower pollution, and sustainable urban development.

Important Terms Explained:

• World Bicycle Day: It is an international observance recognized by the United Nations to celebrate bicycles as a clean, affordable, reliable, and sustainable means of transport.
• Cycling for a Greener Future: It is the theme of World Bicycle Day 2026, focusing on cycling as a practical solution for reducing pollution, supporting public health, and promoting sustainable cities.
• Sustainable Mobility: It refers to transport systems that meet mobility needs while reducing environmental damage, pollution, and resource use.
• Carbon Emissions: These are greenhouse gas emissions released mainly by fuel-based transport and industrial activities, contributing to climate change.
• Sustainable Urban Planning: It means designing cities in a way that supports clean transport, reduced congestion, better public health, and environmental protection.

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Ranking – Daily Current Affairs June 03

2. Which Indian bank topped the Asia-Pacific leverage ratio rankings among major banks with assets above $100 billion?
A) HDFC Bank
B) ICICI Bank
C) Axis Bank
D) Kotak Mahindra Bank
E) Union Bank of India
Answer: D) Kotak Mahindra Bank.

Event and Location:

• Event: S&P Global Market Intelligence reported that Indian banks are among the best-capitalised lenders in the Asia-Pacific region.
• Location: Asia-Pacific region.
• Date: 31 March 2026.

Mandates and Objectives:

• Mandates: S&P Global Market Intelligence analysed banks in the Asia-Pacific region with total assets of at least $100 billion to assess their capital strength through leverage ratios.
• Objectives: The assessment aims to compare the capital resilience of major banks and highlight institutions with stronger capacity to absorb potential losses.

Important Terms Explained:

• Leverage Ratio: It is a banking capital strength indicator calculated as Tier 1 Capital divided by Total Exposure.
• Tier 1 Capital: It refers to a bank’s core capital, mainly equity capital and disclosed reserves, used to absorb financial losses.
• Basis Points: It is a unit used in finance to measure percentage changes, where 100 basis points equal 1 percentage point.
• Basel III Capital Norms: These are international banking regulations designed to strengthen bank capital, risk management, and financial stability.
• Non-Performing Assets: These are loans or advances where the borrower has stopped making scheduled interest or principal repayments.

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Appointments – Daily Current Affairs June 03

3. Who has been appointed as the next Chief Justice of the Patna High Court?
A) Justice Bela M Trivedi
B) Justice Indu Malhotra
C) Justice Meenakshi Madan Rai
D) Justice Hima Kohli
E) Justice B V Nagarathna
Answer: C) Justice Meenakshi Madan Rai.

Event and Location:

• Event: Justice Meenakshi Madan Rai has been appointed as the next Chief Justice of the Patna High Court.
• Location: Patna High Court, Bihar, India.
• Date: 2 June 2026.

Mandates and Objectives:

• Mandates: The Union Government notified the appointment of Justice Meenakshi Madan Rai as Chief Justice of the Patna High Court following the recommendation of the Supreme Court Collegium.
• Objectives: The appointment aims to ensure leadership continuity in the Patna High Court after the retirement of incumbent Chief Justice Sangam Kumar Sahoo.

Important Terms Explained:

• Patna High Court: It is the High Court for the state of Bihar and functions as the highest judicial authority in the state judiciary.
• Supreme Court Collegium: It is the judicial body that recommends appointments and transfers of judges in the higher judiciary of India.
• Chief Justice: It refers to the head judge of a High Court who is responsible for judicial leadership and administrative supervision of the court.
• Sikkim Judicial Service: It is the state judicial service through which judicial officers are appointed to subordinate courts in Sikkim.
• Permanent Judge: It refers to a judge appointed to a High Court on a regular basis after fulfilling constitutional and procedural requirements.

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4. Who has been appointed as the new Chairperson of CBSE?
A) Rahul Singh
B) Himanshu Gupta
C) Varun Bhardwaj
D) Lokhande Prashant Sitaram
E) Arjun Ram Meghwal
Answer: D) Lokhande Prashant Sitaram.

Event and Location:

• Event: Lokhande Prashant Sitaram has been appointed as the new Chairperson of CBSE, while Varun Bhardwaj has been named the new Secretary.
• Location: India.
• Date: 3 June 2026.

Mandates and Objectives:

• Mandates: The Appointments Committee of the Cabinet approved the leadership changes in CBSE amid scrutiny over the On-Screen Marking system.
• Objectives: The appointments aim to strengthen administrative leadership in CBSE and address concerns related to digital evaluation, verification delays, and evaluation discrepancies.

Important Terms Explained:

• Central Board of Secondary Education: It is India’s national-level school education board under the Ministry of Education, responsible for conducting Class 10 and Class 12 board examinations.
• Appointments Committee of the Cabinet: It is a high-level government body that approves appointments to senior positions in the central administration and public institutions.
• On-Screen Marking: It is a digital evaluation system used for assessing scanned answer sheets in examinations to improve speed, transparency, and efficiency.
• Central Staffing Scheme: It is a government mechanism through which officers are appointed to posts in central ministries, departments, and institutions for a fixed tenure.
• AGMUT Cadre: It refers to the Arunachal Pradesh-Goa-Mizoram-Union Territories cadre of the Indian Administrative Service.

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5. Who took oath as Karnataka’s 18th Chief Minister on 3 June 2026?
A) Siddaramaiah
B) G Parameshwara
C) D K Shivakumar
D) Mallikarjun Kharge
E) Priyank Kharge
Answer: C) D K Shivakumar.

Event and Location:

• Event: D K Shivakumar took oath as Karnataka’s 18th Chief Minister, while G Parameshwara was sworn in as Deputy Chief Minister.
• Location: Lok Bhavan, Bengaluru, Karnataka.
• Date: 3 June 2026.

Mandates and Objectives:

• Mandates: The swearing-in ceremony was held to induct D K Shivakumar as Chief Minister, G Parameshwara as Deputy Chief Minister, and 13 ministers into the new Karnataka Cabinet.
• Objectives: The transition aimed to complete the Congress power-sharing arrangement in Karnataka and ensure continuity in state governance.

Important Terms Explained:

• Chief Minister: The Chief Minister is the head of the elected government in a state and leads the Council of Ministers.
• Deputy Chief Minister: The Deputy Chief Minister is a senior cabinet position that assists the Chief Minister in governance and political coordination.
• Oath of Office and Secrecy: It is the formal oath taken by ministers before assuming constitutional responsibilities and handling official duties.
• Congress Working Committee: It is the highest decision-making body of the Indian National Congress and plays a key role in political and organisational strategy.
• Karnataka Cabinet: It refers to the group of ministers headed by the Chief Minister to administer various departments of the state government.

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6. Who has taken charge as the Managing Director and CEO of Protean eGov Technologies from 1 June 2026?
A) Rajnish Kumar
B) Ajay Rajan
C) Sanjay Malhotra
D) Amitabh Kant
E) Nandan Nilekani
Answer: B) Ajay Rajan.

Event and Location:

• Event: Ajay Rajan has taken charge as Managing Director and Chief Executive Officer of Protean eGov Technologies.
• Location: India.
• Date: 1 June 2026.

Mandates and Objectives:

• Mandates: Protean eGov Technologies appointed Ajay Rajan as its new MD and CEO to lead the company after the transition period managed by interim leadership.
• Objectives: The appointment aims to guide Protean’s next phase of growth in Digital Public Infrastructure, AI-enabled solutions, financial inclusion technologies, and international market expansion.

Important Terms Explained:

• Protean eGov Technologies: It is a digital governance technology company that develops large-scale e-governance, citizen service delivery, and Digital Public Infrastructure solutions.
• Digital Public Infrastructure: It refers to population-scale digital systems that support public service delivery, financial inclusion, identity services, and governance solutions.
• Artificial Intelligence-enabled Solutions: These are technology systems that use AI to improve automation, decision-making, efficiency, and service delivery.
• Fintech: It refers to technology-driven innovation in financial services, including digital payments, banking platforms, and financial inclusion tools.
• E-governance: It means the use of digital technologies by governments and institutions to deliver public services efficiently and transparently.

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7. Who received a knighthood from King Charles III at Windsor Castle on 2 June 2026?
A) Paul Chuckle
B) Christopher Dean
C) Idris Elba
D) Jay Blades
E) David Beckham
Answer: C) Idris Elba.

Event and Location:

• Event: Idris Elba received a knighthood from King Charles III and officially became Sir Idris Elba.
• Location: Windsor Castle, United Kingdom.
• Date: 2 June 2026.

Mandates and Objectives:

• Mandates: King Charles III honoured Idris Elba during a ceremony at Windsor Castle for his services to young people, philanthropy, and community-focused initiatives.
• Objectives: The honour recognizes Idris Elba’s contributions to entertainment, youth empowerment, charitable work, education, and community development.

Important Terms Explained:

• Knighthood: It is one of the United Kingdom’s highest honours, allowing the recipient to use the title “Sir” before his name.
• Elba Hope Foundation: It is an organisation established by Idris Elba in 2022 to support youth advocacy, education, community empowerment, and sustainable development.
• King’s Trust: It is a United Kingdom-based charity formerly known as the Prince’s Trust, which supports young people through funding, training, and opportunities.
• National Youth Music Theatre: It is a performing arts organisation that supports young talent in music theatre and helped Idris Elba during his early creative career.
• Philanthropy: It refers to efforts made to promote social welfare through charitable support, community service, and development initiatives.

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Awards – Daily Current Affairs June 03

8. How many Panchayats will be honoured under the National Panchayat Awards 2025 in New Delhi?
A) 24
B) 34
C) 42
D) 50
E) 75
Answer: C) 42.

Event and Location:

• Event: National Panchayat Awards 2025 will be conferred on 42 outstanding Panchayats for excellence in local governance and grassroots development.
• Location: New Delhi, India.
• Date: 3 June 2026.

Mandates and Objectives:

• Mandates: The Ministry of Panchayati Raj will present the awards to recognize best-performing Panchayats under the Incentivization of Panchayats component of Rashtriya Gram Swaraj Abhiyan.
• Objectives: The awards aim to promote grassroots governance, sustainable development, citizen participation, social inclusion, infrastructure creation, and localization of Sustainable Development Goals.

Important Terms Explained:

• National Panchayat Awards 2025: These are annual awards presented by the Ministry of Panchayati Raj to recognize outstanding performance by Panchayati Raj Institutions across India.
• Panchayati Raj Institutions: These are local self-government bodies in rural India that function at village, block, and district levels for decentralized governance.
• Deen Dayal Upadhyay Panchayat Satat Vikas Puraskar: This award category recognizes Gram Panchayats for achievements across nine localized Sustainable Development Goal themes.
• Nanaji Deshmukh Sarvottam Panchayat Satat Vikas Puraskar: This award category recognizes overall best-performing Panchayats at district, block, and gram panchayat levels.
• Panchayat Advancement Index 2.0: It is a data-driven assessment framework used to evaluate Panchayats on localized Sustainable Development Goal themes.
• Rashtriya Gram Swaraj Abhiyan: It is a scheme aimed at strengthening Panchayati Raj Institutions through capacity building, training, and improved governance mechanisms.

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Defence – Daily Current Affairs June 03

9. Which missile was successfully flight-tested by DRDO and the Indian Air Force on 2 June 2026?
A) Akash-NG
B) RudraM-II
C) BrahMos
D) Prithvi-II
E) Agni-P
Answer: B) RudraM-II.

Event and Location:

• Event: DRDO and the Indian Air Force successfully conducted the flight-test of the indigenous RudraM-II air-to-surface missile.
• Location: The missile was tested from an airborne platform, with tracking support from Integrated Test Range, Chandipur.
• Date: 2 June 2026.

Mandates and Objectives:

• Mandates: The flight-test was conducted to validate the performance of the indigenous RudraM-II missile and its subsystems under challenging operational conditions.
• Objectives: The objective was to strengthen India’s precision strike capability, improve stand-off attack options, and support self-reliance in advanced defence technologies.

Important Terms Explained:

• RudraM-II: It is an indigenously developed air-to-surface missile designed to be launched from fighter aircraft against ground-based targets.
• Air-to-Surface Missile: It is a missile launched from an aircraft to strike targets located on land or surface areas.
• Precision-Guided Missile: It is a missile designed with guidance and navigation systems to hit a predefined target with high accuracy.
• Stand-Off Distance: It refers to the safe distance from which an aircraft can launch a weapon without entering the enemy’s high-risk defence zone.
• Aatmanirbhar Bharat: It is India’s self-reliance initiative aimed at promoting domestic development and production, including in the defence sector.

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International Affairs – Daily Current Affairs June 03

10. Venezuela’s Acting President Delcy Rodríguez will visit India from June 3 to 7, 2026, mainly to strengthen cooperation in which sectors?
A) Tourism, sports and culture
B) Energy, trade, technology and investment
C) Agriculture, defence and education
D) Space, health and fisheries
E) Banking, insurance and aviation
Answer: B) Energy, trade, technology and investment.

Event and Location:

• Event: Delcy Rodríguez will undertake an official visit to India to strengthen India-Venezuela bilateral cooperation.
• Location: India.
• Date: 3 June to 7 June 2026.

Mandates and Objectives:

• Mandates: The Ministry of External Affairs announced the official visit of Venezuela’s Acting President Delcy Rodríguez along with a high-level ministerial delegation.
• Objectives: The visit aims to enhance cooperation between India and Venezuela in energy, trade, technology, investment, digital innovation, scientific research, infrastructure, and transportation.

Important Terms Explained:

• India-Venezuela Relations: It refers to the diplomatic and economic relationship between India and Venezuela, covering areas such as energy, trade, investment, and multilateral cooperation.
• Bilateral Cooperation: It means cooperation between two countries to strengthen relations in areas of mutual interest.
• South-South Cooperation: It refers to collaboration among developing countries to promote economic growth, technical exchange, and shared development goals.
• Crude Oil Reserves: These are naturally occurring petroleum resources that can be extracted and refined for energy use.
• Multilateral Issues: These are international matters involving multiple countries or global institutions, often discussed through diplomatic platforms.

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Schemes – Daily Current Affairs June 03

11. Which scheme was launched by the Ministry of Education to attract top Indian-origin researchers from across the world?
A) PM Yuva Research Scheme
B) Prime Minister Research Chair Scheme
C) National Research Fellowship Mission
D) Global Indian Innovation Scheme
E) Bharat Research Talent Programme
Answer: B) Prime Minister Research Chair Scheme.

Event and Location:

• Event: Prime Minister Research Chair Scheme 2026 was launched to attract Indian-origin researchers, scientists, technologists, and innovators from across the world.
• Location: India.
• Date: 1 June 2026.

Mandates and Objectives:

• Mandates: The Department of Higher Education under the Ministry of Education launched applications for the PMRC Scheme to enable Indian-origin experts abroad to work with India’s premier higher education institutions and research organisations.
• Objectives: The scheme aims to strengthen India’s research ecosystem, promote innovation, support 13 priority sectors, and contribute to the goals of Aatmanirbhar Bharat and Viksit Bharat.

Important Terms Explained:

• Prime Minister Research Chair Scheme 2026: It is a national initiative designed to bring accomplished Indian-origin researchers and professionals from global institutions to collaborate with Indian research and higher education institutions.
• Indian Diaspora: It refers to people of Indian origin living outside India, including Indian nationals abroad, Overseas Citizens of India, and Persons of Indian Origin.
• Lead Institutions: These are designated premier institutions responsible for coordinating research activities and providing strategic guidance under the scheme.
• Host Institutions: These are eligible Indian institutions that will provide infrastructure, laboratories, academic support, and collaboration opportunities to PMRC Fellows.
• PMRC Fellows: These are selected Indian-origin researchers, scientists, professionals, or innovators who will contribute expertise to national research priorities.
• Empowered Committee: It is the selection oversight body for the scheme, chaired by the Principal Scientific Adviser to the Government of India.

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National Affairs – Daily Current Affairs June 03

12. Which mission was launched to transform Assam’s Muga silk into a global luxury textile brand?
A) Mission Silk Samridhi
B) Mission Senehjori
C) Mission Golden Fibre
D) Mission North East Textile
E) Mission Muga Export
Answer: B) Mission Senehjori.

Event and Location:

• Event: Mission Senehjori was launched to transform Assam’s Muga silk into a globally recognized luxury textile brand.
• Location: Assam, India.
• Date: 3 June 2026.

Mandates and Objectives:

• Mandates: The Ministry of Development of North Eastern Region launched a cluster-based development initiative in collaboration with the Government of Assam, Central Silk Board, Ministry of Textiles, and other agencies.
• Objectives: The mission aims to strengthen the Muga silk value chain, improve production, ensure GI authentication, promote exports, develop silk tourism, and support livelihoods of over 2.6 lakh families.

Important Terms Explained:

• Mission Senehjori: It is a cluster-based development programme aimed at transforming Assam’s Muga silk sector into a globally competitive luxury textile ecosystem.
• Muga Silk: It is a natural golden silk produced mainly in Assam and known for its durability, cultural value, and premium textile appeal.
• Geographical Indication: It is a tag given to products linked to a specific region, ensuring authenticity, uniqueness, and protection against imitation.
• Farmer Producer Organisations: These are collective bodies of farmers formed to improve production, market access, bargaining power, and income opportunities.
• Digital Traceability: It refers to a system that tracks a product’s journey across the value chain to ensure transparency, authenticity, and quality assurance.

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Over All Review

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