Daily Current Affairs June 14

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 14. 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.

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June 14| Daily Current Affairs 2023

Important Days – Daily Current Affairs June 14

1. On which date is World Blood Donor Day celebrated annually?
A) January 1
B) March 8
C) April 22
D) June 14
E) September 30
Answer: D) June 14

• World Blood Donor Day is an event celebrated across the world on June 14 with the primary objective of raising awareness about the importance of blood donation.
• It was first distinguished by the WHO in 2004 and 2005, in the 58th World Health Assembly, the date was declared as an annual global event.
• The slogan/theme for the 2023 World Blood Donor Day campaign is “Give blood, give plasma, share life, share often”

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Obituary – Daily Current Affairs June 14

2. Who recently passed away, being a Pulitzer Prize-winning writer?
A) Ernest Hemingway
B) J.D. Salinger
C) Maya Angelou
D) Cormac McCarthy
E) Toni Morrison
Answer: D) Cormac McCarthy

• Cormac McCarthy, the celebrated author who wrote classic art pieces like ‘The Road’ and won US Pulitzer Prize for the same, died at the age of eighty nine due to natural causes.
• McCarthy wrote his first novel, “The Orchard Keeper,” while working at a car parts shop in Chicago in the 1960s — it was published by Random House.
• Notably, his award-winning novel The Road was published in 2006. It was McCarthy’s 10th novel. He won the Pulitzer Prize for the same book in fiction category in the same year.

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Ranking – Daily Current Affairs June 14

3. According to the Community Spirit Index, which city has been ranked as the world’s top friendliest city?
A) New York City
B) London
C) Tokyo
D) Toronto
E) Sydney
Answer: D) Toronto

Community Spirit Index

• Total Cities: 53 cities

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Banking and Finance – Daily Current Affairs June 14

4. What action did Equitas Holdings take regarding its NBFC licence?
A) Renewed NBFC licence
B) Transferred NBFC licence
C) Surrendered NBFC licence
D) Suspended NBFC licence
E) Expanded NBFC licence
Answer: C) Surrendered NBFC licence

• The Reserve Bank of India said Equitas Holdings Ltd has surrendered its NBFC licence, and accordingly its registration has been cancelled.
• The RBI, in the exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled its CoR (certificate of registration)
• As the company does not hold public funds therefore it may have voluntarily surrendered its certificate of registration.

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5. What kind of debit card has SBM Bank India launched?
A) Platinum Debit Card
B) Titanium Debit Card
C) Gold Debit Card
D) World Elite Metal Debit Card
E) Silver Debit Card
Answer: D) World Elite Metal Debit Card

• SBM Bank India unlocked exclusive, on-invitation access to the world of luxury with the launch of the SBM World Elite Metal Debit Card.
• Powered by Mastercard, SBM World Elite Metal Debit Card is designed and being offered exclusively to SBM Private customers.
• The SBM World Elite Metal Debit card appeals to the growing segment of affluent Indians with a global outlook.
• The all-new metal debit card from SBM Bank India offers cardholders an unmatched selection of specially curated travel programmes, lifestyle, and luxury benefits beyond the possibilities-available on the invitation to elite clients.
• Each card comes with the assured concierge network from Mastercard.
• Designed for the uber-achievers, SBM World Elite Metal Debit Card offers a world of exclusive cherry-picked privileges across 500 luxury hotels, resorts and Michelin-star restaurants globally, including Taj Epicure.
• It also provides unlimited complimentary airport lounge access globally. This debit card can be used for cash withdrawals at any ATM, any number of times, at no extra cost.
• This is an International Debit Card and can be used for international transactions.
• The cardholders can access the finest health advisors, and coordinators, a network of more than 50,000 of the world’s leading medical experts, and VIP access to 46 premium golf clubs and golf programs across 12 countries.
• SBM World Elite Metal Debit Card is valid for a period of 5 years from the date of issue of the card.
• SBM Bank (India) Limited “SBM Bank India” is the first bank to receive a universal banking license from the Reserve Bank of India to set up and operate as a Scheduled Commercial Bank under Wholly Owned Subsidiary (WOS) mode offering banking services in India.
• SBM Bank India has a network of 12 branches spread across the country including the recently opened new branch in Kolkata.

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6. How much loan has the World Bank approved to support West Bengal for better irrigation practices in rural areas?
A) $50 Million
B) $75 Million
C) $100 Million
D) $125 Million
E) $148 Million
Answer: E) $148 Million

• The World Bank’s Board of Executive Directors approved a $148 million loan to support the Indian state of West Bengal in harnessing surface and ground water through better irrigation practices that will benefit people in rural areas.
• The West Bengal Accelerated Development of Minor Irrigation Project – Phase II will support the state’s Department of Water Resources Investigation and Development and water-user associations (WUAs) to plan and operate new irrigation structures such as check dams, small-scale storage structures, creek rehabilitation, tube wells, and pump dug wells.
• The irrigation practices will allow for crop diversification to boost the yield of high-value crops including the production of 17,000 tons of oilseed and at least 10,000 tons of fish each year.
• During Phase I, the Project created 2,277 WUAs and reached 125,000 beneficiaries
  The $148 million loan from the International Bank for Reconstruction and Development (IBRD) has a maturity of 11.5 years with a grace period of four years.
• West Bengal is one of the largest food-producing states in India—producing nearly 15 percent of the nation’s rice—and the second largest fish-producing state.

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7. Fino Payments Bank has partnered with which company for the “Spending Account”?
A) Paytm
B) Google Pay
C) PhonePe
D) Hubble Money
E) PayPal
Answer: D) Hubble Money

• Fino Payments Bank has partnered with Sequoia Capital-backed fintech Hubble to introduce India’s first spending account.
• Depositors can save money in the account and save up to 10% cashback on all purchases they make from the account.
• They can track expenses over 50 partnered brands and potentially save up to Rs. 20,000 annually.
• The spending account is integrated with Fino Payments Bank’s digital savings account, accessible through the FinoPay mobile app.
• Users earn an interest rate of 2.75% annually on their parked funds.
• Hubble’s partners include Amazon, Swiggy, Croma, and MakeMyTrip, and they have facilitated approximately Rs 20 crores in spending through their app in the past nine months.

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8. Which bank has become the first public sector bank to introduce an IVR-based UPI solution called UPI 123PAY?
A) State Bank of India
B) HDFC Bank
C) ICICI Bank
D) Punjab National Bank (PNB)
E) Axis Bank
Answer: D) Punjab National Bank (PNB)

• Punjab National Bank (PNB) becomes the first public sector bank to introduce an IVR-based UPI solution – UPI 123PAY, aligning with the Digital Payment Vision 2025 towards a cashless and cardless society.

What is UPI 123PAY?

• Unified Payments Interface (UPI) is a 24-hour payment channel enabling customers to perform fast, encrypted and real-time payments.
• Till now, the solution was accessible only through smartphones or through Unstructured Supplementary Service Data (USSD) service and was dependent on good internet connectivity.
• The UPI 123PAY solution would extend the functionality and facilitate the feature to any phone users and those in low internet connectivity zones to perform UPI transactions.
• UPI 123PAY will be multilingual and be available in the customer’s preferred language.
• IDFC First Bank, City Union Bank & NSDL Payments Bank have gone live on IVR payments.

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Appointments – Daily Current Affairs June 14

9. Who has been appointed as the chair-elect of IATA’s board of governors?
A) Ronojoy Dutta
B) Peter Elbers
C) Willie Walsh
D) Akbar Al Baker
E) Alexandre de Juniac
Answer: B) Peter Elbers

• IndiGo announced that its CEO, Pieter Elbers, has been elected as the chair-elect of the International Air Transport Association (IATA) Board of Governors.
• He will succeed present Chair, Yvonne ManziMakolo, the CEO of Rwandair with effect from June 2024.
• Petrus Johannes TheodorusElbers (Pieter Elbers) has joined as Chief Executive Officer of IndiGo with effect from September 6,2022, replacing Ronojoy Dutta
• He has served as the President and CEO of KLM Royal Dutch since 2014 and is also a member of the Executive Committee of the Air France-KLM Group.

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Awards – Daily Current Affairs June 14

10. Who has been awarded the 2023 Iqbal Masih Award for the Elimination of Child Labour?
A) Kailash Satyarthi
B) Malala Yousafzai
C) Greta Thunberg
D) Lalitha Natarajan
E) Muhammad Yunus
Answer: D) Lalitha Natarajan

• Chennai-based lawyer-activist Lalitha Natarajan has been awarded the 2023 Iqbal Masih Award for the Elimination of Child Labour.
• US Consul General Judith Ravin presented the award to Natarajan at a ceremony at the US Consulate General in Chennai on May 30.
• Ms Natarajan has worked throughout her career as a lawyer and activist to apply rights-based approaches to child labour. As a leader in the fight to end exploitative child labour in southern India, she identifies child victims of trafficking, specifically bonded labour, assisting in their reintegration into society.
• The Iqbal Masih Award is a US Congress-mandated, non-monetary award established by the Secretary of Labor in 2008 that honours extraordinary contributions to combat child labour.
• The Iqbal Masih Award honours its namesake, a Pakistani child sold into slavery as a carpet weaver at age 4 who escaped his captors at 10.
• Iqbal Masih became an outspoken public advocate against child exploitation for which he received numerous human rights awards until he was tragically killed in 1995 at the age of 12.
• The award commemorates World Day Against Child Labour which is observed on June 12 every year to raise awareness and activism to prevent child labour.

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11. Which bank has been recognized with the ‘Outstanding Digital CX – SME Loans’ award at the sixth Digital CX Awards held in Singapore?
A) State Bank of India
B) HDFC Bank
C) ICICI Bank
D) South Indian Bank (SIB)
E) Axis Bank
Answer: D) South Indian Bank (SIB)

• South Indian Bank (SIB) won two prestigious awards for creating superior customer experience.
• South Indian Bank (SIB) has been recognised with ‘Outstanding Digital CX – SME Loans’ at the sixth Digital CX Awards held in Singapore, making it the second international award for the bank.
• SIB was honoured with the award in recognition of its innovative GST-based instant business loan digital journey that has revolutionized the banking experience.
• The annual Digital CX Awards have been instituted by Singapore based ‘The Digital Banker’ to acknowledge exceptional digital customer experiences in the global financial industry.
• The bank has also been recognised at 13th edition of the Finnoviti Awards for launching Micro LOS Platform which caters specifically to the agri customers.
• This recognition highlights the bank’s efforts to offer cutting-edge technology and excellent services to its customers.
• Finnoviti Awards recognizes the innovations in the BFSI and honour the innovators. This is the fourth time in a row that SIB has bagged the Finnoviti Awards.

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12. Who received the ‘Governor of the Year’ award at London’s Central Banking Awards 2023?
A) Jerome Powell
B) Christine Lagarde
C) Andrew Bailey
D) Shaktikanta Das
E) Haruhiko Kuroda
Answer: D) Shaktikanta Das

• Reserve Bank of India governor Shaktikanta Das has received the ‘Governor of the Year’ award at London’s Central Banking Awards 2023.
• The Central Banking Awards 2023 winners were announced in late March this year.
• Two top prizes went to the National Bank of Ukraine — the 2023 Central Bank of the Year and the Reserve Bank of India’s Shaktikanta Das — Governor of the Year.
• He has been recognised for his role during Covid-19, the Russia-Ukraine war, and the subsequent fight against inflation. India has topped among the countries whose inflation is under control and the growth prospects bright.
• Shaktikanta Das (a retired IAS officer), former secretary of the Department of Revenue and Department of Economic Affairs under the Ministry of Finance, assumed charge as the 25th governor of the Reserve Bank of India on December 12, 2018. Prior to becoming the RBI head, he was a member of the 15th Finance Commission and G20 Sherpa of India

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International Affairs – Daily Current Affairs June 14

13. Which country hosted the biggest ever air exercise of NATO forces named Air Defender 23?
A) France
B) United Kingdom
C) Germany
D) United States
E) Italy
Answer: C) Germany

• Germany hosts biggest ever air exercise of NATO forces named Air Defender 23
• The “Air Defender 23” exercise will run until 23 June, bringing together some 250 military aircraft from 25 NATO members and partner states, including Japan and Sweden.
• The drill was designed in 2018.

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14. Which Indian Navy warship arrived at Makassar, Indonesia to participate in the 4th edition of the Multilateral Naval Exercise Komodo (MNEK 2023)?
A) INS Vikrant
B) INS Kolkata
C) INS Rajput
D) INS Satpura
E) INS Viraat
Answer: D) INS Satpura

• Indian Navy warship INS Satpura arrived at Makassar, Indonesia to participate in the 4th edition of the Multilateral Naval Exercise Komodo (MNEK 2023).
• INS Satpura has been deployed to the ASEAN countries to strengthen defence ties.
• It is an annual military exercise in the Indian and Pacific oceans by the Indonesian Navy.
• The first exercise was conducted in 2014 and consisted of 18 countries.
• It was organised around a cluster of islands including Batam, Natuna, and Anambas area.
• The navies of 36 countries celebrated the opening of the international exercise of the 2023 Multilateral Naval Exercise Komodo (MNEK), themed “Partnership to Recover and to Rise Stronger”
• INS Satpura had also participated in the 2012 Malabar exercise along with the United States Navy.
• INS Satpura is a Shivalik class Frigate and is built by Mazagon Dock Limited in Mumbai. The keel was laid on October 31, 2002, and was launched on June 4, 2004. It was completed in 2010 and underwent sea trials before being commissioned into the Indian Navy on August 20, 2011, into Eastern Naval Command headquartered in Visakhapatnam.
• It is equipped with BEL Ajanta electronic warfare suite and also anti-air missiles and has 32 cells VLS launched Barak-1 missiles. INS Satpura is equipped with a mix of Indian, Russian and Western weapon systems.
• These include the 3.0-inch Otobreda naval gun, Klub and Brahmos supersonic anti-ship missiles, Shtil-1 anti-aircraft missiles, RBU 6000 anti Submarine rocket launchers and DTA-53-956 Torpedo launchers.

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National Affairs – Daily Current Affairs June 14

15. What is the monthly pension amount announced by Haryana Chief Minister Manohar Lal Khattar for Padma awardees from the state?
A) ₹ 1,000
B) ₹ 5,000
C) ₹ 7,500
D) ₹ 10,000
E) ₹ 15,000
Answer: D) ₹ 10,000

• Haryana Chief Minister Manohar Lal Khattar announced a monthly pension of ₹ 10,000 for the Padma awardees from the state.
• Besides the monthly pension, the chief minister has also announced a free travel facility in the ‘Volvo bus’ service of the state government for Padma Shri, Padma Bhushan and Padma Vibhushan awardees from Haryana.
• The government is also considering including the families in this scheme whose annual income is also between ₹ 1.80 lakh and ₹ 3 lakh by taking some premium amount to give them a benefit of up to ₹ 5 lakh.

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16. How much is the worth of the three schemes announced by the Centre for disaster management in the country?
A) Over Rs 500 crore
B) Over Rs 1000 crore
C) Over Rs 3000 crore
D) Over Rs 5000 crore
E) Over Rs 8000 crore
Answer: E) Over Rs 8000 crore

• Home Minister Amit Shah has announced that Central government will provide more than 8,000 crore rupees to the States to effectively deal with the situation of floods in urban areas, strengthening of fire brigade services and landslide mitigation.
• The first scheme, valued at ₹5,000 crore, aims to expand and modernize fire services in states. The project intends to enhance firefighting capabilities, upgrade equipment, and improve infrastructure to effectively respond to fire emergencies.
• The second scheme, with a budget of ₹2,500 crore, focuses on reducing the risk of urban flooding in seven of India’s most populous metros, including Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad, Ahmedabad, and Pune. The project aims to implement measures to mitigate the impact of flooding in urban areas, safeguarding lives and property.
• The third scheme, worth ₹825 crore, is the National Landslide Risk Mitigation Project. It aims to address the issue of landslides in 17 states and Union Territories by implementing measures to prevent and mitigate landslides, ensuring the safety of vulnerable communities.

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17. What is the accreditation received by the Geological Survey of India Training Institute (GSITI), Hyderabad?
A) AthiVaradar
B) AthiSundara
C) AthiShobha
D) AthiUttam
E) AthiMaha
Answer: D) AthiUttam

• The Geological Survey of India Training Institute (GSITI) functioning under the Ministry of Mines, has been awarded with the accreditation by the National Accreditation Board of Education and Training (NABET) in recognition of the yeomen services it has rendered and high standards maintained in the field of earth science training.
• The assessment was made on the basis of the inspection of all standard operating procedures and methodologies followed by the institute in different levels.
• The team from Capacity Building Commission (CBC), NABET and Quality Control of India conducted the on-site assessment and awarded the Certificate of Accreditation with the grading of AthiUttam.
• Established in 1976, GSITI with its headquarters at Hyderabad, has six Regional Training Divisions (RTD) located at Hyderabad, Nagpur, Jaipur, Lucknow, Kolkata and Shillong.
• Four Field Training Centers (FTCs) are also established at Chitradurga (Karnataka), Raipur (Chhattisgarh), Zawar (Rajasthan) and Kuju (Jharkhand).
• These Centers are established as per the vision of the Ministry of Mines to impart various trainings to geoscience professionals, teachers, researchers and students in various subjects of geology.
• Thus, GSITI is a national training facility, under the Ministry of Mines that provides training and capacity building to multiple stakeholders including Central and State Departments, PSUs (MECL, ONGC, OIL, NMDC), national academic institutions (IITs, Central Universities and Colleges) and colleges.
• The institute regularly conducts courses on remote sensing under NNRMS Programme sponsored by the Indian Space Research Organization (ISRO).
• It is an institute of international repute and offers training to participants of developing nations under ITEC programme sponsored by the Ministry of External Affairs.
• Professionals from 75 nations have already trained by the institute

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18. Who inaugurated the Global DPI Summit, which was held as a side event of the third meeting of G20 Digital Economy Working Group?
A) Narendra Modi
B) Nirmala Sitharaman
C) Rajnath Singh
D) Rajeev Chandrasekhar
E) Ravi Shankar Prasad
Answer: D) Rajeev Chandrasekhar

• The Global DPI Summit, as the side event of third meeting of G20 Digital Economy Working Group, was successfully organised.
• Inaugurated by Union Minister of State in Ministry of Electronics and IT and MSDE, Shri Rajeev Chandrasekhar, the summit was attended by 150 foreign delegates from around 50 countries and over 250 delegates in-person and more than 2000 persons attended the summit live.
• During the summit, India signed the Memorandum of Understanding (MoU) with four countries namely Armenia, Sierra Leone, Suriname and Antigua and Barbuda on sharing INDIA STACK i.e. successful digital solutions implemented at population scale.

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19. With which organizations did the Maharashtra government sign an MoU for an investor awareness program?
A) Bombay Stock Exchange (BSE) and Financial Literacy Foundation
B) National Stock Exchange (NSE) and SEBI
C) NSE and Moneybee Institute
D) Reserve Bank of India (RBI) and Securities Appellate Tribunal (SAT)
E) Moneybee Institute and Bombay Stock Exchange (BSE)
Answer: C) NSE and Moneybee Institute

• In a bid to increase financial literacy and prevent investors losing money, the Maharashtra government has entered into a tri-partite agreement with the National Stock Exchange and Nagpur-based Moneybee institute.
• The tri-partite memorandum of understanding was signed by the National Stock of India (NSE), the Higher and Technical Education Department (HTED), the Government of Maharashtra, and Moneybee Institute.
• The MoU aims to create awareness amongst the public about the various aspects of investing in the capital markets, provide relevant and practical knowledge to investors, enabling them to make informed investment decisions.

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