Daily Current Affairs June 17&18

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 17&18. 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 17&18| Daily Current Affairs 2023

Important Days – Daily Current Affairs June 17&18

1. On which date is World Crocodile Day observed annually?
A) June 17
B) July 12
C) August 5
D) September 22
E) October 30
Answer: A) June 17

• World Crocodile Day is observed on June 17 every year to raise awareness about the plight of the crocodiles and alligators and protect them from getting extinct in the near future.
• The global day has been observed since 2017.
• It was started by the Crocodile Research Coalition in collaboration with Belize Zoo.

World Day To Combat Desertification and Drought

• Every year on June 17, the United Nations recognises it as the World Day to Combat Desertification and Drought.
• The day focuses on restoring the land that has been damaged, preventing desertification.
• The World Day to Combat Desertification and Drought was established in 1994 as a result of a convention held at the UN General Assembly.
• This day was observed in 1995 for the first time.

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Ranking – Daily Current Affairs June 17&18

2. Which state has emerged as the top achiever in the Wind Energy Adoption ranking?
A) Maharashtra
B) Gujarat
C) Tamil Nadu
D) Rajasthan
E) Karnataka
Answer: D) Rajasthan

• The Ministry of New and Renewable Energy, Government of India joined the worldwide celebrations of 15th June as Global Wind Day, through the organization of a day-long event in New Delhi
• The event had the central theme of “Pawan – Urja: Powering the Future of India”.
• It is released by Secretary, Ministry of New & Renewable Energy, Bhupinder Singh Bhalla.
• Rajasthan was felicitated for achieving the highest wind capacity addition, Gujarat for achieving the highest wind capacity addition through open access and Tamil Nadu for initiating repowering of wind turbines.
• The celebration was organized in collaboration with the National Institute of Wind Energy, Shakti Sustainable Energy Foundation, Indian Wind Turbine Manufacturers Association, Indian Wind Power Association, and Wind Independent Power Producers Association.
• India ranks fourth in wind power capacity in the world.

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Banking and Finance – Daily Current Affairs June 17&18

3. What is the fixed issue price per gram of gold for the first tranche of the Sovereign Gold Bond Scheme 2023-24?
A) Rs 5,852
B) Rs 5,926
C) Rs 6,041
D) Rs 6,175
E) Rs 6,311
Answer: B) Rs 5,926

• The government has fixed the issue price at Rs 5,926 per gram of gold for the first tranche of the Sovereign Gold Bond Scheme 2023-24, which will open for subscription for five days.
• The issue will be opened for subscription during the period June 19-23, 2023, with the settlement date of June 27, 2023.
• The government in consultation with the Reserve Bank of India has decided to allow a discount of Rs 50 per gram from the issue price to those investors who apply online and the payment is made through digital mode.
• The bonds will be sold through banks Stock Holding Corporation of India Limited (SHCIL), designated post offices, and recognised stock exchanges — National Stock Exchange of India Limited and Bombay Stock Exchange Limited.
• The scheme was launched in November 2015 with the objective to reduce the demand for physical gold and shift a part of the domestic savings — used for the purchase of gold — into financial savings.
• The price of the bond is fixed in Indian rupees on the basis of the simple average closing price of gold of 999 purity, published by the India Bullion and Jewellers Association Limited for the last 3 working days of the week preceding the subscription period.
• The bonds are denominated in multiples of gram(s) of gold with a basic unit of 1 gram.
• The tenor of the bond will be for a period of 8 years, with an exit option after the 5th year to be exercised on the next interest payment dates.
• The minimum permissible investment is 01 gram of gold. The maximum limit of subscription is 4 kilograms for individuals, 4 kg for HUF and 20 kg for trusts and similar entities per fiscal (April-March).
• The Know-your-customer (KYC) norms will be the same as that for the purchase of physical gold.

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4. The Reserve Bank of India (RBI) imposed a monetary penalty of ₹20 lakh on which financial institution for non-compliance with certain provisions of Non Banking Financial Company (NBFC)?
A) HDFC Bank
B) State Bank of India (SBI)
C) ICICI Bank
D) Manappuram Finance
E) Axis Bank
Answer: D) Manappuram Finance

• The Reserve Bank of India has imposed ₹20 lakh monetary penalty on Manappuram Finance for non-compliance with certain provisions of Non Banking Financial Company (NBFC).
• The RBI imposed this penalty on the NBFC as it did not classify certain gold loan accounts with overdues of more than 90 days as Non-Performing Assets (NPAs).
• This penalty has been imposed in exercise of powers vested in RBI under the provisions of section 58G (1) (b) read with section 58B (5) (aa) of the Reserve Bank of India Act, 1934.
• This is not the first time when RBI has imposed penalty on Manappuram Finance Limited.
• In November 2020, the central bank of India had imposed ₹5 lakh penalty on the NBFC for non-compliance with directions issued by RBI on verification of ownership of gold jewellery, contained in Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016.

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Appointments – Daily Current Affairs June 17&18

5. Who is leading the panel constituted by the government to recommend reforms in the arbitration law?
A) Former Chief Justice of India
B) Former Attorney General of India
C) Former Chief Economic Advisor
D) Former Law Secretary
E) Former Minister of Law and Justice
Answer: D) Former Law Secretary

• Amid a push for making India a hub for international arbitration, the government has set up an expert panel led by former law secretaryT K Vishwanathan to recommend reforms in the Arbitration and Conciliation Act with an aim to reduce the burden on courts.
• Attorney General N Venkataramani is also part of the expert committee set up by the Department of Legal Affairs in the Union law ministry.
• The composition of the Committee is as under: Dr. T.K. Vishwanathan – Former Secretary, Department of Legal Affairs as the Chairperson.

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6. Who has been appointed as the part-time Non-Executive Chairman of Axis Bank?
A) RaghuramRajan
B) Urjit Patel
C) NS Vishwanathan
D) Shaktikanta Das
E) Viral Acharya
Answer: C) NS Vishwanathan

• Private sector lender Axis Bank appointed former Reserve Bank of India (RBI) Deputy Governor NS Vishwanathanas a part-time Non-Executive Chairman.
• Vishwanathan has been appointed for a period of three years.
• Earlier, in May, Axis Bank had appointed Vishwanathan as an independent director.
• Other than Axis Bank, Vishwanathan, in April 2023 was appointed as head of the advisory board at Razorpay.
• Vishwanathan had joined the RBI in 1981 and retired in March 2020 as the Deputy Governor, spanning a career of nearly four decades at the central bank.
• He currently serves as the Non-Executive Chairman of the Governing Council at the Institute for Development and Research in Banking Technology, Hyderabad, as also of the Academic Council of the College of Supervisors, RBI, Mumbai.

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Awards – Daily Current Affairs June 17&18

7. Which new category was introduced by the Grammy Awards to recognize African music?
A) Best African Music Performance
B) Best Pop Dance Recording
C) Best Alternative Jazz Album
D) Only A & B
E) All A,B,C
Answer: E) All A,B,C

• The Recording Academy has recently announced the addition of three new categories to the Grammy Awards.
• The new categories include Best African Music Performance, Best Pop Dance Recording, and Best Alternative Jazz Album.
• Previously, African-based songs dominated nominations in the Best Global Music Performance category, which debuted in 2022.
• Other changes to the Grammys include moving two categories — producer of the year (non-classical) and songwriter of the year (non-classical) — to the general field, which includes album, song and record of the year, along with best new artist.
• The 66th Grammys, which now has 94 categories, will air live in early 2024/
• Songs and albums released between October 1, 2022 – September 15, 2023, will be eligible for nominations at the 2024 show. The nominees will be announced in November.

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8. Who won the 45th European Essay Prize for the essay titled ‘Azadi’?
A) JhumpaLahiri
B) Arundhati Roy
C) Salman Rushdie
D) Amitav Ghosh
E) Chitra Banerjee Divakaruni
Answer: B) Arundhati Roy

• Writer and activist Arundhati Roy has been awarded the 45th European Essay Prize for lifetime achievement on the occasion of the French translation of her latest essay, ‘Azadi’.
• The French translation ‘Liberte, fascisme, fiction’ appeared in Gallimard, a leading French publishing group.
• The prize given by Switzerland’s Charles Veillon Foundation for work in French, German and Italian awards authors “who, through their writings, contribute to nourishing and spreading the evolution of thought”.
• Roy won the Booker Prize for her debut novel The God of Small Things in 1997.
• Other recipients of the European Essay Prize include Alexandre Zinoviev, Edgar Morin, TzvetanTodorov, Amin Maalouf, Siri Hustvedt, Alessandro Baricco, Jean Starobinski, IsoCamartin and Peter von Matt.
• The chant of ‘Azadi!’ (Urdu for Freedom!) is the slogan of the freedom struggle.

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9. Which organization is being conferred with the Gandhi Peace Prize for the year 2021?
A) Gita Press
B) Red Cross Society
C) United Nations Peacekeeping Force
D) Amnesty International
E) Greenpeace International
Answer: A) Gita Press

• The Gandhi Peace Prize for the year 2021 is being conferred on Gita Press, Gorakhpur.
  Gandhi Peace Prize is an annual award instituted by Government of India in 1995, on the occasion of 125th Birth Anniversary of Mahatma Gandhi as a tribute to the ideals espoused by Mahatma Gandhi. The award is open to all persons regardless of nationality, race, language, caste, creed or gender.
• The award carries an amount of Rs. 1 crore, a citation, a plaque and an exquisite traditional handicraft/handloom item.
• Recent awardees include Sultan Qaboos Bin Said Al Said, Oman (2019) and Bangabandhu Sheikh Mujibur Rahman (2020), Bangladesh.
• The Jury headed by the Prime Minister Shri Narendra Modi, after due deliberations on 18th June, 2023 unanimously decided to select Gita Press, Gorakhpur as the recipient of the Gandhi Peace Prize for the year 2021, in recognition of it’s outstanding contribution towards social, economic and political transformation through non-violent and other Gandhian methods.
• Established in 1923, Gita Press is one of the world’s largest publishers, having published 41.7 crore books in 14 languages, including 16.21 crore Shrimad Bhagvad Gita. The institution has never relied on advertisement in its publications, for revenue generation. Gita Press along with its affiliated organizations, strives for the betterment of life and the well being of all.
• Gandhi Peace Prize 2021, recognizes the important and unparalleled contribution of Gita Press, in contributing to collective upliftment of humanity, which personifies Gandhian living in true sense.

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National Affairs – Daily Current Affairs June 17&18

10. Which consortium has signed a contract with Indian Railways to manufacture 80 Vande Bharat sleeper train sets?
A) HAL-L&T consortium
B) Tata-Mahindra consortium
C) TRSL-BHEL consortium
D) Wipro-TCS consortium
E) Siemens-ABB consortium
Answer: C) TRSL-BHEL consortium

• A consortium led by Titagarh Rail Systems Limited (TRSL) and Bharat Heavy Electricals Limited (BHEL) signed a contract to manufacture 80 fully assembled Vande Bharat sleeper train sets by 2029 and maintain them for a period of 35 years.
• This is the first time Indian Railways has awarded a contract of this value to an Indian consortium for design and manufacturing of complete train sets and maintenance for 35 years
• The estimated value of this contract is Rs 24,000 crore.
• The order shall be executed over a span of six years, wherein the first prototype shall be delivered within a two-year timeframe.

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11. Which department in Assam launched a web portal for cattle transportation to prevent illegal transportation of cattle?
A) Assam Agriculture Department
B) Assam Wildlife Department
C) Assam Animal Husbandry and Veterinary Department
D) Assam Forest Department
E) Assam Fisheries Department
Answer: C) Assam Animal Husbandry and Veterinary Department

• Assam Animal Husbandry and Veterinary Department have launched a web portal for cattle transportation aiming to prevent the illegal transportation of cattle.
• The web portal was launched during a programme held in Guwahati.
• This system is prepared under the Assam Cattle Preservation Act, 2021 will alleviate the problems encountered in the transportation of improved breeds of high milk-producing cattle to Assam and help in preventing illegal transportation of cattle.

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12. Which organization signed with NitiAayog the Government of India – United Nations Sustainable Development Cooperation Framework 2023-2027?
A) World Health Organization (WHO)
B) International Monetary Fund (IMF)
C) United Nations Development Programme (UNDP)
D) United Nations Educational, Scientific and Cultural Organization (UNESCO)
E) The United Nations in India
Answer: E) the United Nations in India

• NITI Aayog and the United Nations in India signed the Government of India – United Nations Sustainable Development Cooperation Framework 2023-2027.
• The GoI-UNSDCF was signed by Mr. B V R Subrahmanyam, CEO, NITI Aayog, and Mr. Shombi Sharp, UN Resident Coordinator, India in the presence of the Vice Chairman of NITI Aayog, Mr. Suman Bery, senior representatives from NITI Aayog, central ministries and heads of UN agencies in India.
• GoI-UNSDCF 2023-2027 represents the UN development system’s collective offer to the Government of India, in line with the national vision for development, for the achievement of the Sustainable Development Goals, promoting gender equality, youth empowerment and human rights.
• The United Nations General Assembly Resolution A/RES/72/279 designates the United Nations Sustainable Development Cooperation Framework as the principal planning and implementation instrument for the UN Development System at country level.
• Programme priorities of the UN entities working at the country are derived from the GoI-UNSDCF.
• The GoI-UNSDCF 2023-2027 is built on four strategic pillars derived from the 2030 Agenda – People, Prosperity, Planet and Participation.
• The four interlinked pillars have six outcome areas focusing on Health and Well Being; Nutrition and Food Security; Quality Education; Economic Growth and Decent Work; Environment, Climate, WASH and Resilience; and Empowering People, Communities, and Institutions.
• The formulation of the GoI-UNSDCF 2023-2027 was led by NITI Aayog, on behalf of the Government of India, with robust participation of line Ministries, State Governments, and Union Territories.
• The UN Resident Coordinator led and coordinated inputs from the UN development system in India. Partners from civil society, think tanks, private sector, cooperatives and labour unions also contributed to the development of the document, ensuring a whole of society, whole of government and whole of UN approach.
• The implementation, monitoring and reporting of GoI-UNSDCF 2023-2027 will be co-led by Government of India and the United Nations, India through a Joint Steering Committee.

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13. Who launched the “DugdhSankalanSathi Mobile App” to transform Indian dairy industries?
A) Prime Minister Narendra Modi
B) Union Minister of Agriculture and Farmers Welfare
C) Union Minister of Health and Family Welfare
D) Union Minister of Heavy Industries
E) Union Minister of Commerce and Industry
Answer: D) Union Minister of Heavy Industries

• Union Minister of Heavy Industries Dr.MahendraNath Pandey unveiled the ground-breaking “DugdhSanakalanSathi Mobile App” at Mussorie, Uttarakhand.
• This innovative application, designed and developed by Rajasthan Electronics & Instruments Limited (REIL), Jaipur, a “Mini Ratna” Central Public Sector Enterprises under the Ministry of Heavy Industries, is poised to make a lasting impact on the Indian Dairy Industries by addressing key challenges in the milk collection process.
• This mobile app aims to improve the quality of milk, foster transparency among stakeholders, and streamline operations at the grassroots village level, including Milk Cooperative Societies.
• The “DugdhSankalanSathi Mobile App” will bring significant benefits for all stakeholders involved in the milk collection process, including milk producers, cooperative societies, milk unions, and state federations.
• Key features and benefits of the app include:
  • Increased transparency among stakeholders
  • Online monitoring of daily milk poured at Milk Cooperative Societies
  • Real-time milk price updates from the cloud server, ensuring transparency and eliminating human errors
  • Direct beneficiary transfers of milk payment and government subsidies to the milk producers’ bank accounts through the app
  • Push notifications for milk collection to the milk producers’ app
  • Multilingual app with support for English, Hindi, Punjabi, Telugu, and more

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14. Which aviation company recently received the no objection certificate (NOC) to operate Scheduled Commuter Air Transport Services in the country?
A) Air India
B) Jet Airways
C) SpiceJet
D) Vistara
E) Jettwings Airways
Answer: E) Jettwings Airways

• Jettwings Airways, the newest entrant in the aviation sector, today announced that it has received the no objection certificate (NOC) to operate Scheduled Commuter Air Transport Services in the country and is aiming to start flying from October.
• The airline, with its base in Guwahati, plans to offer regional connectivity to passengers under the government’s UDAN scheme to a number of destinations in the Northeast and eastern regions initially.
• Jettwings will be the first-ever company from the Northeast region to start airline operations in the country.

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