Daily Current Affairs June 02

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 02. 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 02 | Daily Current Affairs 2025

Sports – Daily Current Affairs June 02

1. Who did Indian Grandmaster D Gukesh defeat in a classical match during the Norway Chess 2025 tournament?
A) Hikaru Nakamura
B) Fabiano Caruana
C) Magnus Carlsen
D) Arjun Erigaisi
E) Wei Yi
Answer: C) Magnus Carlsen

Event and Location:

  • Event: D Gukesh defeats Magnus Carlsen in a classical match
  • Location: Stavanger, Norway (Norway Chess 2025)
  • Date: June 2, 2025 (reported)

Mandates and Objectives:

  • Mandates: Indian Grandmaster D Gukesh secured his first classical victory over reigning World Champion Magnus Carlsen during a match in Norway Chess 2025.
  • Objectives: To establish himself as a serious global contender by defeating the top-ranked player in classical chess and to reinforce India’s growing dominance in the international chess scene.

Important Terms Explained:

  • Classical Chess: A time-controlled format of chess where each player has a longer amount of time, emphasizing deep calculation and endurance.
  • Norway Chess: One of the most prestigious annual international chess tournaments, often featuring the world’s top-ranked players.
  • Armageddon Game: A tie-break format used in chess tournaments where players have uneven time controls, but a draw favors Black, creating high-stakes, decisive results.

Tabular Summary:

Parameter Details
Event name D Gukesh defeats Magnus Carlsen at Norway Chess 2025
Announcement date June 2, 2025 (reported)
Location Stavanger, Norway
Issuing authority Norway Chess Tournament Organizers
Policy/series name Norway Chess 2025
Key figures D Gukesh, Magnus Carlsen, Fabiano Caruana, Koneru Humpy
Purpose/reason Gukesh secures first classical win over World Champion Carlsen
Feature details Gukesh overturned a losing position; Carlsen blundered in endgame
Validity or status Ongoing tournament
Strategic/significant value Showcases India’s rising chess talent on the global stage

Ranking – Daily Current Affairs June 02

2. Which Indian airport has been included in the Top 10 hub airports in the Asia-Pacific and Middle East in the 2024 ACI Hub Connectivity Rankings?
A) Chhatrapati Shivaji Maharaj International Airport
B) Kempegowda International Airport
C) Rajiv Gandhi International Airport
D) Indira Gandhi International Airport
E) Netaji Subhas Chandra Bose International Airport
Answer: D) Indira Gandhi International Airport

Event and Location:

  • Event: Delhi’s IGIA ranked among Top 10 airport hubs in Asia-Pacific and Middle East
  • Location: Asia-Pacific & Middle East region
  • Date: June 2, 2025 (Ranking released in 2024, reported on this date)

Mandates and Objectives:

  • Mandates: The Airports Council International Asia-Pacific & Middle East (ACI APAC & MID) released the 2024 Hub Connectivity Index, ranking top-performing hub airports.
  • Objectives: To assess the quality, frequency, and global connectivity of airport hubs and support global benchmarks in aviation excellence.

Important Terms Explained:

  • Hub Connectivity Index: A measure developed by ACI to evaluate an airport’s role as a transit hub based on destination reach, flight frequency, and ease of connections.
  • Airports Council International (ACI) Asia-Pacific & Middle East: A regional division of ACI that works to improve airport operations and sustainable development across Asia-Pacific and Middle East.
  • GMR Delhi International Airport Ltd. (DIAL): The private-public operator of Indira Gandhi International Airport (IGIA), responsible for its management and development.

Tabular Summary:

Parameter Details
Event name IGIA ranked among Top 10 Hub Airports in Asia-Pacific & Middle East
Announcement date June 2, 2025 (ranking data from 2024)
Location Asia-Pacific & Middle East region
Issuing authority Airports Council International Asia-Pacific & Middle East (ACI APAC & MID)
Policy/series name 2024 Hub Connectivity Index
Key figures Videh Kumar Jaipuriar (CEO, DIAL)
Purpose/reason Recognizing IGIA’s global connectivity and transit capability
Feature details IGIA connects to 153 destinations (81 domestic, 72 international)
Validity or status Active ranking as per 2024 index
Strategic/significant value Boosts India’s aviation image, supports transit hub ambitions

3. Which country has the highest life expectancy in the world as per 2025 data?
A) Japan
B) South Korea
C) Switzerland
D) Hong Kong
E) Singapore
Answer: D) Hong Kong

Event and Location:

  • Event: Release of top-10 countries by life expectancy in 2025
  • Location: Global
  • Date: June 2, 2025 (reported)

Mandates and Objectives:

  • Mandates: The global list of Top-10 Countries by Life Expectancy in 2025 has been released, highlighting nations with the highest average lifespans.
  • Objectives: To evaluate healthcare standards, living conditions, and lifestyle factors contributing to human longevity and to raise awareness about disparities in global health indicators.

Top-10 Countries with Highest Life Expectancy in 2025:

Rank Country Life Expectancy (Total) Female Life Expectancy Male Life Expectancy
1 Hong Kong 85.77 years 88.39 years 83.10 years
2 Japan 85.00 years 88.03 years 81.99 years
3 South Korea 84.53 years 87.40 years 81.44 years
4 French Polynesia 84.53 years 87.40 years 82.03 years
5 Switzerland 84.23 years 86.06 years 82.34 years
6 Australia 84.21 years 85.97 years 82.43 years
7 Italy 84.03 years 86.01 years 81.94 years
8 Singapore 84.00 years 86.48 years 81.53 years
9 Spain 83.96 years 86.48 years 81.53 years
10 Reunion 83.80 years 86.57 years 80.81 years

Important Terms Explained:

  • Life Expectancy: The average number of years a person is expected to live, based on current health, lifestyle, and living standards.
  • Unisex Life Expectancy: A combined average of male and female life expectancy, offering a general indicator of population health.
  • Global Average (2025): Approximately 73.4 years, as per WHO estimates.

Tabular Summary:

Parameter Details
Event name Top-10 Countries with Highest Life Expectancy in 2025
Announcement date June 2, 2025
Location Global
Issuing authority International health and demographic agencies (compiled data)
Policy/series name Global Life Expectancy Rankings – 2025
Key figures Hong Kong (85.77 years), Japan (85.00 years), South Korea (84.53 years)
Purpose/reason To identify countries with the highest human longevity
Feature details Health systems, lifestyle, environmental quality, aging support
Validity or status Latest available comparative data for 2025
Strategic/significant value Highlights public health success and international inequality in lifespan

Banking and Finance – Daily Current Affairs June 02

4. Which two bodies jointly launched the “Niveshak Shivir” initiative to help investors recover unclaimed shares and dividends?
A) RBI and IRDAI
B) MCA and NSE
C) SEBI and NSDL
D) IEPFA and SEBI
E) PFRDA and BSE
Answer: D) IEPFA and SEBI

Event and Location:

  • Event: Launch of “Niveshak Shivir” to empower investors
  • Location: Pune, Maharashtra
  • Date: June 1, 2025

Mandates and Objectives:

  • Mandates: The Investor Education and Protection Fund Authority (IEPFA) under the Ministry of Corporate Affairs (MCA), along with SEBI, launched the first “Niveshak Shivir” in Pune.
  • Objectives: To help investors recover unclaimed shares and dividends, provide KYC and nomination assistance, and promote financial literacy and grievance redressal through a single-window outreach model.

Important Terms Explained:

  • IEPFA (Investor Education and Protection Fund Authority): A statutory body under the Ministry of Corporate Affairs, established to promote investor awareness and manage unclaimed dividends and shares.
  • SEBI (Securities and Exchange Board of India): India’s capital market regulator, which ensures investor protection and fair practices in securities trading.
  • IEPF-5 Form: The official claim form used by investors to recover unclaimed dividends, shares, or other investments transferred to the IEPF.
  • NSDL (National Securities Depository Limited): India’s first and largest depository, which released the investor guide for navigating the IEPF claim process.

Tabular Summary:

Parameter Details
Event name Launch of “Niveshak Shivir”
Announcement date June 1, 2025
Location Pune, Maharashtra
Issuing authority IEPFA (Ministry of Corporate Affairs) and SEBI
Policy/series name Niveshak Shivir – Investor Empowerment Campaign
Key figures Officials from MCA, SEBI, and NSDL
Purpose/reason Help investors resolve unclaimed shares/dividends and complete KYC
Feature details On-the-spot services, 19 helpdesks, IEPF-5 assistance, investor brochure
Validity or status Pilot event; nationwide rollout planned
Strategic/significant value Strengthens investor confidence, simplifies claim recovery, promotes awareness

5. What is the maximum Loan-to-Value (LTV) ratio set by RBI for consumption gold loans under the new draft guidelines effective January 2026?
A) 60%
B) 70%
C) 75%
D) 80%
E) 90%
Answer: C) 75%

Event and Location:

  • Event: RBI releases draft gold loan guidelines to curb NPAs
  • Location: Nationwide (India)
  • Date: June 2, 2025 (announced); effective from January 1, 2026

Mandates and Objectives:

  • Mandates: The Reserve Bank of India (RBI) issued draft guidelines for gold loans, introducing a structured framework for valuation, lending limits, ownership checks, and asset caps.
  • Objectives: To curb rising NPAs, ensure responsible lending, prevent overvaluation, and enhance borrower protection while maintaining credit discipline in the gold loan segment.

Important Terms Explained:

  • Loan-to-Value (LTV) Ratio: The percentage of the gold’s value that can be loaned to a borrower. The RBI has capped it at 75% for consumption loans to limit overexposure.
  • Assaying: A process to test the purity of gold. Under RBI rules, it must be done by qualified assayers, and borrowers must be present during the process.
  • Bullet Loan: A loan in which both principal and interest are paid at the end of the term. Under the new rules, bullet loans are capped at 12 months for gold loans.

Tabular Summary:

Parameter Details
Event name RBI releases draft gold loan guidelines
Announcement date June 2, 2025
Location India
Issuing authority Reserve Bank of India (RBI)
Policy/series name Draft Gold Loan Guidelines 2025
Key figures Shaktikanta Das (RBI Governor)
Purpose/reason To reduce gold loan NPAs and promote responsible lending practices
Feature details LTV capped at 75%, ownership proof required, 1kg gold limit, assaying norms
Validity or status Guidelines effective from January 1, 2026
Strategic/significant value Safeguards borrowers and lenders, strengthens transparency and asset verification

6. As per the 2025 Telecom Survey, what percentage of rural women in India can now perform online banking transactions?
A) 17.1%
B) 24.5%
C) 30.0%
D) 51.4%
E) 64.6%
Answer: C) 30.0%

Event and Location:

  • Event: Rise in women’s online banking capabilities in rural India
  • Location: Rural India (nationwide coverage)
  • Date: June 2, 2025

Mandates and Objectives:

  • Mandates:
    • The Ministry of Statistics and Programme Implementation (MoSPI) conducted the Comprehensive Modular Survey – Telecom, 2025 to assess digital financial literacy across rural and urban populations.
  • Objectives:
    • Measure access to online banking and internet use among individuals aged 15 and above.
    • Track gender-wise and location-wise disparities in digital financial behavior.
    • Evaluate the impact of UPI and smartphone usage in increasing rural digital inclusion.

Important Terms Explained:

  • Unified Payments Interface (UPI):
    • A real-time payment platform developed by NPCI that enables instant money transfer between bank accounts using mobile phones.
    • Dominant in rural India, where over 86% of online bankers use UPI exclusively.
  • Comprehensive Modular Survey – Telecom, 2025:
    • A detailed survey conducted by MoSPI to measure mobile, internet, and digital banking access and trends in Indian households.
  • Online Banking:
    • The process of conducting financial transactions over the internet, including fund transfers, bill payments, and account monitoring.

Tabular Summary:

Parameter Details
Event name Increase in Women’s Online Banking in Rural India
Announcement date June 2, 2025
Survey conducted by Ministry of Statistics and Programme Implementation (MoSPI)
Survey type Comprehensive Modular Survey – Telecom, 2025
Sample size 34,950 households (1.42 lakh individuals)
Rural women banking share 30.0%, up from 17.1% in previous year
Youth women (15–24 yrs) 51.4% now capable of online banking
UPI usage (rural online users) 86.7% use UPI exclusively
Urban online banking 62.4% of individuals aged 15+
Internet usage (rural women) 57.6%, up from 42.6%
Smartphone penetration 79.9% of mobile phone users own smartphones
Significance Marks progress in digital literacy, financial inclusion, and gender equity

Business and Economy – Daily Current Affairs June 02

7. What was the gross GST collection in India for May 2025 as reported by the government?
A) Rs 1.74 lakh crore
B) Rs 2.37 lakh crore
C) Rs 2.01 lakh crore
D) Rs 1.90 lakh crore
E) Rs 1.50 lakh crore
Answer: C) Rs 2.01 lakh crore

Event and Location:

  • Event: Gross GST collections rise 16.4% year-on-year in May 2025
  • Location: India (nationwide fiscal report)
  • Date: June 2, 2025 (reported)

Mandates and Objectives:

  • Mandates: The Ministry of Finance reported a 16.4% year-on-year increase in Gross GST collections, reaching Rs 2.01 lakh crore in May 2025.
  • Objectives: To monitor and assess tax revenue performance as an indicator of economic recovery, and to analyze domestic and import GST trends for future fiscal planning.

Important Terms Explained:

  • GST (Goods and Services Tax): A unified indirect tax system in India levied on the supply of goods and services, categorized into CGST, SGST, IGST, and Cess.
  • Net GST Collections: Total GST revenue after deducting refunds; reflects actual tax retained by the government.
  • IGST (Integrated GST): Tax collected on inter-state supply of goods and services, including imports, distributed between Centre and states.
  • GST Refunds: Amounts returned to taxpayers due to excess payment, input tax credit claims, or export incentives.

Tabular Summary:

Parameter Details
Event name Gross GST collections rise in May 2025
Announcement date June 2, 2025
Location India
Issuing authority Ministry of Finance
Policy/series name Monthly GST Revenue Report
Key figures Rs 2.01 lakh crore (gross); Rs 1.74 lakh crore (net)
Purpose/reason Track tax revenue trends and assess economic momentum
Feature details 16.4% overall growth; 13.7% rise in domestic, 25.2% in imports
Validity or status May 2025 data; compared to May 2024 and April 2025
Strategic/significant value Indicates continued recovery in consumption and trade patterns

8. What was the total value of UPI transactions recorded in May 2025 as per NPCI data?
A) ₹23.95 trillion
B) ₹24.77 trillion
C) ₹25.14 trillion
D) ₹28.70 trillion
E) ₹6.41 trillion
Answer: C) ₹25.14 trillion

Event and Location:

  • Event: UPI transactions reach all-time high in volume and value
  • Location: India (NPCI nationwide data)
  • Date: June 2, 2025 (reported for May 2025 data)

Mandates and Objectives:

  • Mandates: National Payments Corporation of India (NPCI) released transaction data showing UPI transactions in May 2025 hit 18.68 billion in volume and ₹25.14 trillion in value.
  • Objectives: To showcase the growth and adoption of digital payment systems and analyze usage patterns of various platforms like UPI, IMPS, FASTag, and AePS.

Important Terms Explained:

  • UPI (Unified Payments Interface): A real-time payment system developed by NPCI for instantly transferring money between bank accounts using a mobile platform.
  • IMPS (Immediate Payment Service): An instant interbank electronic funds transfer system available 24/7 in India.
  • FASTag: An electronic toll collection system operated by NHAI using RFID technology for seamless highway toll payments.
  • AePS (Aadhaar Enabled Payment System): A payment method using Aadhaar authentication for banking services like cash withdrawal and balance enquiry.

Tabular Summary:

Parameter Details
Event name UPI transactions hit all-time high in May 2025
Announcement date June 2, 2025
Location India
Issuing authority National Payments Corporation of India (NPCI)
Policy/series name Monthly Digital Payments Performance Report
Key figures UPI: ₹25.14 trillion value; 18.68 billion volume
Purpose/reason Reflect digital adoption, monitor payment trends
Feature details UPI +4% MoM volume, IMPS +3%, FASTag +5%, AePS +11%
Validity or status May 2025 data; highest ever recorded
Strategic/significant value Indicates robust digital economy momentum and behavioral shift in payments

Appointments – Daily Current Affairs June 02

9. Who has been reappointed as the Prime Minister of Portugal following the 2025 general elections?
A) Marcelo Rebelo de Sousa
B) André Ventura
C) Luís Montenegro
D) António Costa
E) Pedro Passos Coelho
Answer: C) Luís Montenegro

Event and Location:

  • Event: Reappointment of Luís Montenegro as Portugal’s Prime Minister
  • Location: Portugal
  • Date: May 30, 2025 (Reappointment confirmed)

Mandates and Objectives:

  • Mandates: Following the results of Portugal’s general elections, Luís Montenegro, leader of the Social Democratic Party (PSD) and the Democratic Alliance (AD), has been reappointed as Prime Minister by the President.
  • Objectives: To lead a minority government focused on economic growth, public service reform, and strengthening the national health system, while avoiding immediate constitutional reforms despite pressures from far-right factions.

Important Terms Explained:

  • Democratic Alliance (AD): A centre-right coalition led by the Social Democratic Party (PSD) that secured the most seats in Portugal’s 2025 general elections.
  • Chega Party: A far-right political party in Portugal, which has become the second-largest party in the new parliament, advocating for constitutional reforms and stronger nationalist policies.
  • Minority Government: A government formed without an outright majority in parliament; relies on issue-based cooperation from other parties to pass legislation.

Tabular Summary:

Parameter Details
Event name Reappointment of Luís Montenegro as Prime Minister
Announcement date May 30, 2025
Location Portugal
Issuing authority President Marcelo Rebelo de Sousa
Policy/series name Democratic Alliance (AD) electoral victory
Key figures Luís Montenegro, André Ventura (Chega), Marcelo Rebelo de Sousa
Purpose/reason Lead Portugal’s 25th administration post-election
Feature details Minority government, 91-seat coalition, no constitutional reforms
Validity or status Active; government programme not opposed by PS or Chega
Strategic/significant value Marks a shift in Portuguese politics with Chega’s rise and centrist recalibration

10. Who have been re-elected as President and Vice-President of WADA for the final term starting January 2026?
A) Thomas Bach and Sebastian Coe
B) Witold Bańka and Yang Yang
C) Craig Reedie and Linda Hofstad
D) David Howman and Maria Sharapova
E) John Fahey and Sun Yang
Answer: B) Witold Bańka and Yang Yang

Event and Location:

  • Event: Re-election of Witold Bańka and Yang Yang for final leadership term at WADA
  • Location: Global (virtual vote by WADA Foundation Board)
  • Date: June 1, 2025

Mandates and Objectives:

  • Mandates: The World Anti-Doping Agency (WADA) re-elected President Witold Bańka and Vice-President Yang Yang for their third and final three-year term, starting January 1, 2026.
  • Objectives: To advance athlete-centered governance, enhance anti-doping science and compliance, and expand educational outreach during their concluding leadership term.

Important Terms Explained:

  • WADA (World Anti-Doping Agency): The global regulatory body established in 1999 to coordinate and monitor the fight against doping in sports.
  • Athlete Biological Passport (ABP): A monitoring tool that tracks athletes’ biological markers over time to detect potential doping indirectly.
  • Governance Reforms (2022): Structural changes adopted by WADA to include athletes in decision-making, improve compliance protocols, and increase transparency.

Tabular Summary:

Parameter Details
Event name Re-election of WADA President and Vice-President
Announcement date June 1, 2025
Location Virtual (global governing body)
Issuing authority WADA Foundation Board
Policy/series name Third and final leadership term of Bańka and Yang
Key figures Witold Bańka (President), Yang Yang (Vice-President)
Purpose/reason To continue implementing governance reforms and athlete-focused policies
Feature details Athlete representation, expanded testing protocols, e-education
Validity or status Term active from Jan 1, 2026 to Dec 31, 2028
Strategic/significant value Reinforces clean sport, global anti-doping leadership, and compliance monitoring

11. Who has been appointed as the President of the Confederation of Indian Industry (CII) for FY 2025–26?
A) R. Mukundan
B) Sanjiv Puri
C) Rajiv Memani
D) Suchitra K. Ella
E) Uday Kotak
Answer: C) Rajiv Memani

Event and Location:

  • Event: Appointment of Rajiv Memani as CII President for FY 2025–26
  • Location: New Delhi, India
  • Date: June 1, 2025 (announcement)

Mandates and Objectives:

  • Mandates: Rajiv Memani, Chairman and CEO of EY India, has been appointed as President of the Confederation of Indian Industry (CII) for the financial year 2025–26.
  • Objectives: To enhance policy advocacy, promote economic growth, strengthen industry-government collaboration, and drive digital transformation and innovation during his term.

Important Terms Explained:

  • CII (Confederation of Indian Industry): An industry-led, non-government, not-for-profit organization working to create a conducive environment for India’s industrial development through policy engagement and capacity building.
  • President-Designate: The individual next in line to assume the President role in the subsequent term; currently R. Mukundan (MD & CEO, Tata Chemicals).
  • EY (Ernst & Young): One of the “Big Four” global accounting firms; Rajiv Memani is the Chairman & CEO of EY India and a member of the EY Global Executive Board.

Tabular Summary:

Parameter Details
Event name Rajiv Memani appointed President of CII for FY 2025–26
Announcement date June 1, 2025
Location New Delhi
Issuing authority Confederation of Indian Industry (CII)
Policy/series name Annual CII Leadership Transition
Key figures Rajiv Memani, R. Mukundan, Suchitra K. Ella, Sanjiv Puri
Purpose/reason Strategic leadership for India’s industry sector and policy dialogue
Feature details Financial expertise, global consulting background, policy advocacy
Validity or status Term active for Financial Year 2025–26
Strategic/significant value Drives economic innovation, strengthens industry-government partnerships

12. Who has been recommended as the new MD & CEO of Union Bank of India by the Financial Services Institutions Bureau (FSIB)?
A) Kalyan Kumar
B) A Manimekhalai
C) Asheesh Pandey
D) MV Rao
E) Sanjay Agarwal
Answer: C) Asheesh Pandey

Event and Location:

  • Event: Asheesh Pandey and Kalyan Kumar appointed to top posts in PSU banks
  • Location: India (Public Sector Banks – Union Bank and Central Bank)
  • Date: June 2, 2025 (reported)

Mandates and Objectives:

  • Mandates: The Financial Services Institutions Bureau (FSIB) has recommended Asheesh Pandey as MD & CEO of Union Bank of India and Kalyan Kumar as MD & CEO of Central Bank of India.
  • Objectives: To ensure smooth leadership succession in key public sector banks, support banking reforms, and strengthen governance through merit-based appointments.

Important Terms Explained:

  • FSIB (Financial Services Institutions Bureau): An autonomous body under the Department of Financial Services that recommends appointments to top positions in PSU banks and insurance companies.
  • MD & CEO (Managing Director and Chief Executive Officer): The highest executive position in a bank, responsible for strategic decisions, compliance, profitability, and operations.
  • Executive Director (ED): A senior management role below MD, often a stepping stone to top leadership roles in banking.

Tabular Summary:

Parameter Details
Event name FSIB recommends new MD & CEOs for PSU banks
Announcement date June 2, 2025
Location India
Issuing authority Financial Services Institutions Bureau (FSIB)
Policy/series name Leadership Appointments in PSU Banks
Key figures Asheesh Pandey (Union Bank), Kalyan Kumar (Central Bank)
Purpose/reason Leadership continuity and governance in public sector banking
Feature details Selected after 23 interviews (May 27–30, 2025)
Validity or status Recommendations made; official appointments pending government approval
Strategic/significant value Will influence credit, inclusion, digitization, and MSME financing strategies

Science and Technology – Daily Current Affairs June 02

13. What is the primary objective of China’s Tianwen-2 mission launched in May 2025?
A) To land humans on the Moon
B) To deploy a space telescope around Earth
C) To collect samples from asteroid 2016HO3
D) To build a Mars space station
E) To explore Saturn’s rings
Answer: C) To collect samples from asteroid 2016HO3

Event and Location:

  • Event: China launches Tianwen-2 interplanetary mission
  • Location: Xichang Satellite Launch Center, Sichuan, China
  • Date: May 30, 2025

Mandates and Objectives:

  • Mandates: The China National Space Administration (CNSA) launched Tianwen-2, an asteroid sample return and comet exploration mission.
  • Objectives: To collect and return material from asteroid 2016HO3, explore comet 311P, and strengthen scientific understanding of solar system origins, water sources, and organic matter distribution, while preparing for future deep-space and manned missions.

Important Terms Explained:

  • Tianwen-2: A Chinese interplanetary space mission aimed at returning samples from asteroid 2016HO3 and later exploring comet 311P/PANSTARRS; part of CNSA’s long-term planetary exploration strategy.
  • 2016HO3 (Kamoʻoalewa): A near-Earth quasi-satellite of Earth, one of the most stable known; targeted for sample collection to study early solar system material.
  • CNSA (China National Space Administration): China’s national space agency responsible for all major space missions, including lunar and interplanetary exploration.
  • Long March-3B: A launch vehicle in China’s Long March family used for delivering spacecraft to geostationary and interplanetary orbits.

Tabular Summary:

Parameter Details
Event name Tianwen-2 launched for asteroid and comet exploration
Announcement date May 30, 2025
Location Xichang Satellite Launch Center, Sichuan, China
Issuing authority China National Space Administration (CNSA)
Policy/series name Tianwen Interplanetary Exploration Program
Key figures Witold Bańka (President, WADA mentioned in previous article), Zhang Kejian (CNSA)
Purpose/reason To return asteroid samples and explore a comet for planetary research
Feature details Target: Asteroid 2016HO3 & Comet 311P; return expected by 2027
Validity or status Mission launched and active; ~10-year duration
Strategic/significant value Enhances space sample-return capability and deepens solar system understanding

Defence – Daily Current Affairs June 02

14. Which two ships visited Mumbai in May 2025 during the maiden port call by the European Union Naval Force (EUNAVFOR)?
A) INS Kolkata and HMS Defender
B) FS Surcouf and ITS Andrea Doria
C) ESPS Reina Sofia and ITS Antonio Marceglia
D) BRP Jose Rizal and RSS Formidable
E) INS Vikrant and INS Trikand
Answer: C) ESPS Reina Sofia and ITS Antonio Marceglia

Event and Location:

  • Event: Maiden visit of EUNAVFOR ships to India
  • Location: Mumbai, Maharashtra (India)
  • Date: May 26 – June 1, 2025

Mandates and Objectives:

  • Mandates: Ships from the European Union Naval Force (EUNAVFOR), including ESPS Reina Sofia (Spain) and ITS Antonio Marceglia (Italy), undertook their first operational visit to India under the EU maritime framework.
  • Objectives: To enhance interoperability between the Indian Navy and EUNAVFOR, counter non-traditional maritime threats (piracy, smuggling, IUU fishing), and strengthen a rules-based maritime order in the Indian Ocean Region (IOR).

Important Terms Explained:

  • EUNAVFOR (European Union Naval Force): A naval force deployed by the European Union under Operation Atalanta, focusing on counter-piracy and maritime security in the Indian Ocean and surrounding regions.
  • SMEEs (Subject Matter Expert Exchanges): Knowledge-sharing sessions between navies to discuss best practices, tactical approaches, and operational strategies.
  • TTX (Table Top Exercise): A simulated scenario-based discussion used to enhance strategic planning and decision-making capabilities among maritime forces.

Tabular Summary:

Parameter Details
Event name Maiden Visit of EUNAVFOR Ships to India
Announcement date June 2, 2025 (reported)
Location Mumbai Port, India
Issuing authority Indian Navy & European Union Naval Force (EUNAVFOR)
Policy/series name EU-India Strategic Maritime Engagement
Key figures Rear Admiral Vidyadhar Harke (India), Rear Admiral Davide Da Pozzo (EU)
Purpose/reason Strengthen India-EU maritime cooperation and counter maritime threats
Feature details SMEEs, TTX, joint sea exercise, naval coordination
Validity or status Completed engagement; strategic maritime alignment ongoing
Strategic/significant value Supports freedom of navigation, joint security architecture, regional stability

International Affairs – Daily Current Affairs June 02

15. What is the total investment proposed by ADB for India’s urban infrastructure development over the next five years?
A) $4 billion
B) $6 billion
C) $10 billion
D) $12.5 billion
E) $8 billion
Answer: C) $10 billion

Event and Location:

  • Event: Launch of ADB’s 5-Year Urban Infrastructure Development Plan
  • Location: India (National-level initiative)
  • Announced by: Masato Kanda, President, Asian Development Bank

Mandates and Objectives:

  • Mandates:
    • Strengthen urban infrastructure with an emphasis on clean energy, public transit, and sustainable development.
    • Mobilise private sector investment through the Urban Challenge Fund (UCF).
    • Provide technical support and financial assistance for urban local bodies and state agencies.
  • Objectives:
    • Alleviate urban congestion through metro and RRTS corridors.
    • Ensure equitable access for vulnerable groups including women and people with disabilities.
    • Promote inclusive rural growth through job creation, food systems, and entrepreneurship.
    • Facilitate rooftop solar, smart urban planning, and sustainable project development.

Important Terms Explained:

  • Urban Challenge Fund (UCF):
    • A dedicated fund to attract private investment into India’s urban infrastructure.
    • Backed by ADB and structured to ensure blended finance (sovereign + private + technical assistance).
  • RRTS (Regional Rapid Transit System):
    • High-speed regional rail systems designed to reduce travel time between urban and semi-urban areas.
    • Examples include Delhi–Meerut corridor.
  • Sovereign vs Non-Sovereign Loans:
    • Sovereign loans: Loans to the Government of India or state governments.
    • Non-sovereign operations: Loans or investments made directly to the private sector without government guarantees.

Tabular Summary:

Parameter Details
Event ADB’s 5-Year Urban Infrastructure Plan for India
Announced by Masato Kanda, President of ADB
Total Mobilised Funds Up to $10 billion (sovereign + private + technical aid)
Urban Projects Metro expansions, Delhi–Meerut RRTS, Mumbai & Chennai Metro
Clean Energy Initiative Rooftop solar promotion, low-carbon public transport
Rural Development Focus Food systems, women-led entrepreneurship, job creation
Annual Lending Commitment $4–4.5 billion in sovereign loans, $1 billion private lending
Technical Assistance Fund $3 million to build capacity & develop bankable projects
ADB India Lending (till Apr 2025) $59.5 billion (sovereign), $9.1 billion (non-sovereign)
Strategy Period 2023–2027 (Country Partnership Strategy)

National Affairs – Daily Current Affairs June 02

16. Which philosophy, marking its 60th anniversary, was celebrated through a national symposium addressed by Shri Shivraj Singh Chouhan in New Delhi?
A) Gandhian Socialism
B) Integral Humanism
C) Cultural Nationalism
D) Ram Rajya Model
E) Indigenous Democracy
Answer: B) Integral Humanism

Event and Location:

  • Event: National symposium commemorating 60 years of Integral Humanism
  • Location: NDMC Convention Centre, New Delhi
  • Date: June 2, 2025 (reported)

Mandates and Objectives:

  • Mandates: A symposium was organized to mark the 60th anniversary of Integral Humanism, the philosophy propounded by Pandit Deendayal Upadhyaya in 1965.
  • Objectives: To reinforce the relevance of Indian philosophical thought in addressing modern challenges including environmental degradation, social imbalance, and economic disparity, while promoting cultural harmony and self-reliance.

Important Terms Explained:

  • Integral Humanism: A socio-economic and political philosophy developed by Pandit Deendayal Upadhyaya that emphasizes human-centric development, cultural rootedness, and balance between material and spiritual needs.
  • Lakhpati Didi Yojana: A central government initiative focused on enabling rural women to become financially self-sufficient through livelihood promotion and skill-based empowerment.
  • Ek Ped Ma Ke Naam: An environmental campaign linked to World Environment Day (June 5), encouraging tree plantation in honor of one’s mother, promoting eco-consciousness and green practices.

Tabular Summary:

Parameter Details
Event name Symposium on 60 Years of Integral Humanism
Announcement date June 2, 2025 (reported)
Location NDMC Convention Centre, New Delhi
Issuing authority Union Ministry of Agriculture and Farmers Welfare
Policy/series name Integral Humanism (1965)
Key figures Pandit Deendayal Upadhyaya, Shri Shivraj Singh Chouhan
Purpose/reason To highlight the continued relevance of Integral Humanism
Feature details Tree plantation campaign, new paddy varieties, Lakhpati Didi Yojana
Validity or status Ongoing relevance in Indian socio-economic policy
Strategic/significant value Promotes cultural identity, sustainable development, women empowerment

17. Where is India’s first Artificial Intelligence Special Economic Zone (AI SEZ) being set up?
A) Hyderabad, Telangana
B) Pune, Maharashtra
C) Nava Raipur, Chhattisgarh
D) Gandhinagar, Gujarat
E) Bengaluru, Karnataka
Answer: C) Nava Raipur, Chhattisgarh

Event and Location:

  • Event: India to set up its first Artificial Intelligence Special Economic Zone
  • Location: Nava Raipur, Chhattisgarh
  • Date: June 2, 2025 (reported)

Mandates and Objectives:

  • Mandates: RackBank Datacenters Pvt. Ltd. has been approved to develop India’s first AI SEZ in Nava Raipur with an investment of ₹1,000 crore.
  • Objectives: To promote AI research, development, and commercialization, attract top tech companies, build local employment pipelines, and position India as a global AI innovation hub.

Important Terms Explained:

  • Artificial Intelligence (AI): A branch of computer science focused on creating systems capable of performing tasks that typically require human intelligence, such as learning, reasoning, and problem-solving.
  • Special Economic Zone (SEZ): A designated area offering tax and regulatory incentives to promote investment, exports, and economic growth; governed by the SEZ Act, 2005.
  • RackBank Datacenters Pvt. Ltd.: An Indore-based carbon-neutral data center company, serving as the developer of India’s first AI SEZ with high-performance infrastructure.

Tabular Summary:

Parameter Details
Event name India’s first AI SEZ to be developed in Nava Raipur
Announcement date June 2, 2025 (reported)
Location Nava Raipur, Chhattisgarh
Issuing authority Ministry of Commerce, Government of India
Policy/series name SEZ Development – AI Sector Initiative
Key figures RackBank Datacenters, Narendra Sen, CM Vishnu Deo Sai
Purpose/reason To boost AI innovation, attract tech giants, and build local talent
Feature details ₹1,000 crore, 6-acre facility, 80 MW capacity, 4 data centers
Validity or status Approved and under development
Strategic/significant value Supports Digital India vision, reduces youth migration, creates AI jobs

18. As per the COTPA (Karnataka Amendment) Act, 2024, what is the new legal age to purchase tobacco products in Karnataka?
A) 16 years
B) 18 years
C) 19 years
D) 21 years
E) 25 years
Answer: D) 21 years

Event and Location:

  • Event: Karnataka amends COTPA to enforce stricter tobacco control laws
  • Location: Karnataka, India
  • Date: May 30, 2025 (published in Gazette); May 23, 2025 (Presidential assent)

Mandates and Objectives:

  • Mandates: The COTPA (Karnataka Amendment) Act, 2024 introduces stricter rules on tobacco use, including raising the legal age, banning hookah bars, and increasing fines.
  • Objectives: To curb youth tobacco consumption, improve public health, reduce second-hand smoke exposure, and support constitutional directives under Article 47.

Important Terms Explained:

  • COTPA (Cigarettes and Other Tobacco Products Act), 2003: A national law aimed at reducing tobacco consumption through advertising restrictions, age limits, packaging norms, and public place smoking bans.
  • Article 47 (Constitution of India): A Directive Principle instructing the State to improve public health and prohibit the consumption of harmful drugs, including tobacco.
  • Hookah Bar Ban: The law now bans the operation of hookah-serving establishments (cafes, restaurants, pubs), with penalties including 1–3 years’ imprisonment and fines up to ₹1 lakh.

Tabular Summary:

Parameter Details
Event name Karnataka Enforces Stricter Tobacco Control Laws
Announcement date May 30, 2025 (Gazette Notification)
Location Karnataka
Issuing authority Government of Karnataka
Policy/series name COTPA (Karnataka Amendment) Act, 2024
Key figures CM Siddaramaiah, Governor Thawarchand Gehlot
Purpose/reason Reduce tobacco usage and public health risks
Feature details Legal age raised to 21, hookah bars banned, ₹1,000 fine for public smoking
Validity or status In force from May 30, 2025
Strategic/significant value Aligns with Article 47; curbs tobacco access among youth and enforces cleaner public spaces

19. Which state has become the second in India to surpass 95% literacy under the ULLAS Nav Bharat Saaksharta Karyakram?
A) Kerala
B) Tamil Nadu
C) Goa
D) Himachal Pradesh
E) Sikkim
Answer: C) Goa

Event and Location:

  • Event: Goa declared fully literate under the ULLAS Nav Bharat Saaksharta Karyakram
  • Location: Goa, India
  • Date: June 2, 2025

Mandates and Objectives:

  • Mandates:
    • Implementation of the ULLAS Nav Bharat Saaksharta Karyakram to improve adult literacy in India.
    • Conduct state-wide campaigns and inter-departmental initiatives to identify and educate non-literate individuals.
  • Objectives:
    • Achieve full literacy (over 95%) in Goa, in line with NEP 2020 targets.
    • Empower citizens through foundational literacy, life skills, and continuing education.
    • Promote Jan-Jan Sakshar—a people-centric literacy model contributing to Viksit Bharat by 2047.

Important Terms Explained:

  • ULLAS – Nav Bharat Saaksharta Karyakram:
    • A centrally sponsored scheme launched in 2022 by the Ministry of Education.
    • Targets non-literate adults (15+ years) with five key components:
      • Foundational Literacy and Numeracy
      • Critical Life Skills
      • Basic Education
      • Vocational Skills
      • Continuing Education
  • Swayampurna Mitras:
    • Community-level volunteers in Goa appointed to promote developmental schemes.
    • In literacy, they conducted awareness campaigns, helped enroll learners, and assisted in certification.
  • NEP 2020 (National Education Policy):
    • India’s policy aimed at holistic and inclusive education reforms.
    • Envisions full literacy and universal access to education by 2030.

Tabular Summary:

Parameter Details
Event name Goa Achieves Full Literacy Under ULLAS Programme
Announcement date June 2, 2025
State Goa
Literacy Benchmark Surpassed 95% literacy rate
Implementing Scheme ULLAS – Nav Bharat Saaksharta Karyakram
Key Contributors Directorate of Panchayats, Municipal Administration, Social Welfare, Mitras
Volunteer Role Swayampurna Mitras helped awareness, certification, and learner engagement
Education Policy Link In line with NEP 2020 goals for full literacy by 2030
National Significance Goa is second state after Kerala to reach near full literacy
Future Outlook National rollout to support full literacy across other states

20. What does the DHRUVA initiative launched by the Department of Posts aim to achieve?
A) Launch a digital postal payment bank
B) Promote rural financial literacy
C) Standardize and digitize address data across India
D) Replace Aadhaar as a digital identity
E) Build post offices on highways
Answer: C) Standardize and digitize address data across India

Event and Location:

  • Event: Launch of DHRUVA Initiative
  • Location: Nationwide digital infrastructure rollout
  • Launched by: Department of Posts, Government of India

Mandates and Objectives:

  • Mandates:
    • Implement a unified, interoperable address standard nationwide
    • Establish address data as a core part of Digital Public Infrastructure (DPI)
    • Enable consent-based, secure sharing of verified digital addresses
  • Objectives:
    • Promote Address-as-a-Service (AaaS) for public and private use
    • Improve delivery and scheme targeting through virtual geo-coded identifiers
    • Empower citizens with full control over their address identity and data access
    • Facilitate digital governance and efficient logistics

Important Terms Explained:

  • DHRUVA (Digital Hub for Reference and Unique Virtual Address):
    • A new policy initiative by the Department of Posts
    • Upgrades the DIGIPIN model to a more dynamic digital address infrastructure
    • Establishes address data as a core digital identity asset
  • Address-as-a-Service (AaaS):
    • A consent-based, secure framework allowing digital address verification, updates, and usage
    • Empowers citizens and enhances operational efficiency in governance and private services
  • DIGIPIN (Digital Postal Index Number):
    • The earlier initiative to digitize postal codes and address locations using geotags
    • DHRUVA builds upon and expands this concept
  • Digital Public Infrastructure (DPI):
    • Infrastructure like UPI, Aadhaar, DigiLocker that provides foundational digital services to citizens
    • DHRUVA adds address data as a new dimension of DPI

Tabular Summary:

Parameter Details
Initiative Name DHRUVA – Digital Hub for Reference and Unique Virtual Address
Launched by Department of Posts, Govt. of India
Year Launched 2025
Core Feature Address-as-a-Service (AaaS) – secure, digital, user-controlled addresses
Built Upon Digital Postal Index Number (DIGIPIN)
Key Benefits Accurate governance delivery, optimized logistics, digital empowerment
Geo-code System Virtual identifiers replacing traditional address ambiguity
Private Sector Impact Enhanced delivery, route mapping, KYC verification, and customer onboarding
Public Participation Open for stakeholder feedback and public consultation


Over All Review

Sports 

  • Indian Grandmaster D Gukesh secured his first classical win against World Champion Magnus Carlsen at Norway Chess 2025.

Ranking 

  • Delhi’s Indira Gandhi International Airport has been ranked among the Top 10 hub airports in the Asia-Pacific and Middle East by ACI.
  • Hong Kong ranks first globally in life expectancy in 2025, with an average of 85.77 years.

Banking and Finance 

  • IEPFA and SEBI jointly launched the first “Niveshak Shivir” on June 1, 2025, in Pune to aid investors in recovering unclaimed dividends and shares.
  • RBI has issued draft gold loan guidelines effective from January 1, 2026, to combat rising NPAs.
  • Online banking capability among rural Indian women has increased to 30%, showing significant growth from last year.

Business And Economy

  • Gross GST collections for May 2025 stood at Rs 2.01 lakh crore, marking a 16.4% year-on-year rise.
  • UPI transactions hit an all-time high in May 2025 with 18.68 billion transactions valued at ₹25.14 trillion.

Appointments

  • Luís Montenegro was reappointed as Portugal’s Prime Minister after his coalition secured the most seats in the 2025 elections.
  • Witold Bańka and Yang Yang have been re-elected as President and Vice-President of WADA for a third and final term.
  • Rajiv Memani has taken charge as the President of the Confederation of Indian Industry (CII) for FY 2025–26.
  • The FSIB has recommended Asheesh Pandey as MD & CEO of Union Bank of India, succeeding A Manimekhalai.

Science and Technology

  • China launched its Tianwen-2 mission on May 30, 2025, to collect samples from asteroid 2016HO3 and study comet 311P.

Defence

  • The European Union Naval Force made its first-ever port call to India with two ships from Spain and Italy visiting Mumbai.

International Affairs

  • ADB has announced a $10 billion five-year plan to transform India’s urban infrastructure.

National Affairs

  • A national symposium was held in New Delhi to mark the 60th year of Pandit Deendayal Upadhyaya’s Integral Humanism philosophy.
  • India’s first AI Special Economic Zone will be developed in Nava Raipur, Chhattisgarh with a ₹1,000 crore investment.
  • The Karnataka government has amended COTPA to raise the legal age for tobacco purchases from 18 to 21.
  • Goa has become the second Indian state to surpass 95% literacy under the ULLAS Nav Bharat Saaksharta Karyakram.
  • The Department of Posts launched the DHRUVA initiative in 2025 to digitize and standardize address data.

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