Daily Current Affairs June 19

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 19. 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 19 | Daily Current Affairs 2024

Important Days – Daily Current Affairs June 19

1. What significant issue does the Karen Human Rights Group (KHRG) highlight on the 2024 International Day for the Elimination of Sexual Violence in Conflict?
A) The impact of economic sanctions on Burma.
B) The environmental degradation in Southeast Burma.
C) The serious harm inflicted by armed actors committing conflict-related sexual violence (CRSV) in Southeast Burma.
D) The need for educational reforms in Burma.
E) The benefits of foreign investments in Burma.
Answer: C) The serious harm inflicted by armed actors committing conflict-related sexual violence (CRSV) in Southeast Burma.

Event and Location:

• Event: 2024 International Day for the Elimination of Sexual Violence in Conflict
• Location: Southeast Burma

Mandates and Objectives:

• Mandates: Condemn the human rights violations in Burma; Call for decisive action to end abuses against civilians; Stand in solidarity with survivors, their families, and supporters
• Objectives: Protect civilians from sexual violence; Address the impunity of perpetrators; Advocate for international support for local organizations aiding survivors

Important Terms Explained:

• Conflict-Related Sexual Violence (CRSV): Used as a tactic of war and torture; Violates international humanitarian and human rights law; Leads to devastating physical, reproductive, and mental health consequences
• State Administration Council (SAC): The ruling military junta in Burma
• Karen National Union (KNU): A local ethnic armed group providing support to victims
• Karen Women Organisation (KWO): A local NGO assisting survivors of CRSV

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Sports – Daily Current Affairs June 19

2. What significant achievement did the Indian National Ultimate Frisbee team accomplish at the 2024 Asia Oceanic Championship held in Japan?
A) Won the gold medal
B) Reached the finals for the first time
C) Won the bronze medal
D) Defeated the Philippines in the finals
E) Hosted the championship
Answer: B) Reached the finals for the first time

Event and Location:

• Event: 2024 Asia Oceanic Beach Ultimate Championships (AOBUC)
• Location: Shirahama, Japan

Mandates and Objectives:

• Mandates: Compete in the championship; Demonstrate growth and potential in Ultimate Frisbee
• Objectives: Achieve a historic milestone by reaching the finals; Inspire future participation in the sport

Important Terms Explained:

• Ultimate Frisbee: A non-contact team sport played with a flying disc (frisbee)
• Asia Oceanic Beach Ultimate Championships (AOBUC): A premier tournament featuring teams from Asia, Australia, and New Zealand
• India Ultimate (IU): The governing body for flying disc sports in India

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Ranking – Daily Current Affairs June 19

3. Which company recently became the most valuable after overtaking Microsoft and Apple?
A) Amazon
B) Tesla
C) Alphabet
D) Nvidia
E) Facebook
Answer: D) Nvidia

Event and Location:

• Event: Nvidia becomes the most valuable company

Mandates and Objectives:

• Mandates: Achieve and maintain leadership in market valuation among global companies
• Objectives: Surpass the market capitalizations of Microsoft and Apple

Important Terms Explained:

• Market Capitalization: The total market value of a company’s outstanding shares of stock, calculated by multiplying the stock price by the total number of outstanding shares
• AI Chipmaker: A company that designs and manufactures artificial intelligence (AI) hardware and software, typically used in data centers, gaming, and other high-performance computing applications

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Banking and Finance – Daily Current Affairs June 19

4. What is the main goal of the partnership between India Post Payments Bank (IPPB) and Ria Money Transfer?
A) To develop new digital banking products
B) To expand postal services in urban areas
C) To offer secure, efficient, and convenient international inward money transfer services to rural India
D) To reduce postal service costs
E) To improve domestic money transfer services
Answer: C) To offer secure, efficient, and convenient international inward money transfer services to rural India

Event and Location:

• Event: Partnership announcement between India Post Payments Bank (IPPB) and Ria Money Transfer
• Location: PIB Delhi

Mandates and Objectives:

• Mandates: Provide accessible financial services to rural areas; Promote financial inclusion
• Objectives:
  • Offer secure, efficient, and convenient international inward money transfer services
  • Reduce the need for rural families to travel long distances for financial services
  • Enhance economic growth and financial security in rural areas

Important Terms Explained:

• India Post Payments Bank (IPPB): A government-owned bank established under the Department of Posts, Ministry of Communication, with a vision to provide accessible, affordable, and trusted banking services
• Ria Money Transfer: A global leader in cross-border money transfer, offering fast, secure, and affordable global money transfer services
• International Inward Money Transfer: The process of receiving money from overseas to a local account or service provider
• Biometric Authentication: A security process that uses unique biological characteristics, such as fingerprints, to verify identity

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Acquisitions and Mergers – Daily Current Affairs June 19

5. What is the recent strategic move made by Axis Bank regarding Max Life Insurance?
A) Axis Bank sold its entire stake in Max Life Insurance
B) Axis Bank reduced its stake in Max Life Insurance to below 10%
C) Axis Bank increased its stake in Max Life Insurance to 19.99%
D) Axis Bank announced a merger with Max Financial Services
E) Axis Bank discontinued its partnership with Max Life Insurance
Answer: C) Axis Bank increased its stake in Max Life Insurance to 19.99%

Event and Location:

• Event: Axis Bank’s acquisition of additional equity shares in Max Life Insurance

Mandates and Objectives:

• Mandates: Increase Axis entities’ stake in Max Life Insurance
• Objectives: Strengthen Axis Bank’s strategic position in the insurance sector

Important Terms Explained:

• Max Life Insurance: A subsidiary of Max Financial Services, providing life insurance products
• Axis Entities: Includes Axis Bank, Axis Securities, and Axis Capital
• Preferential Basis: A method of issuing shares to a select group of investors, typically at a discount
• Regulatory Approval: Necessary authorization from regulatory bodies to proceed with specific corporate actions
• Nifty 50 Index: A stock market index representing the 50 most significant companies listed on the National Stock Exchange of India

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6. What percentage of Kotak General Insurance did Zurich Insurance acquire, marking its entry into the Indian insurance market?
A) 49%
B) 51%
C) 60%
D) 70%
E) 74%
Answer: D) 70%

Event and Location:

• Event: Zurich Insurance completes majority stake acquisition in Kotak General Insurance
• Location: New Delhi, India

Mandates and Objectives:

• Mandates: Enter the Indian insurance market and gain a significant presence
• Objectives:
  • Acquire a controlling stake in Kotak General Insurance
  • Support the growth and development of India’s insurance market
  • Leverage global expertise and digital capabilities to enhance insurance offerings

Important Terms Explained:

• Majority Stake: Ownership of more than 50% of a company’s shares, giving the holder control over the company
• Foreign Direct Investment (FDI): Investment made by a firm or individual in one country into business interests located in another country
• Regulatory Approvals: Necessary permissions from governing bodies to complete transactions
• Kotak General Insurance: A non-life insurance subsidiary of Kotak Mahindra Bank

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7. What acquisition has the Competition Commission of India (CCI) recently approved involving WeWork India?
A) Acquisition of WeWork India by Embassy Buildcon LLP
B) Acquisition of certain share capital of WeWork India by Real Trustee Advisory Company Private Limited
C) Acquisition of WeWork India by 1 Ariel Way Tenant Limited
D) Acquisition of WeWork India by CCI
E) Acquisition of 100% share capital of WeWork India by Real Trustee Advisory Company Private Limited
Answer: B) Acquisition of certain share capital of WeWork India by Real Trustee Advisory Company Private Limited

Event and Location:

• Event: CCI approves acquisition of certain share capital of WeWork India

Mandates and Objectives:

• Mandates: Ensure fair competition and approve mergers and acquisitions that comply with competition laws
• Objectives: Facilitate corporate restructuring and investment in companies

Important Terms Explained:

• Competition Commission of India (CCI): The regulatory body responsible for enforcing The Competition Act, 2002 throughout India to prevent activities that have an adverse effect on competition
• WeWork India: A subsidiary of WeWork, providing coworking spaces and office solutions in India
• Real Trustee Advisory Company Private Limited: The company acquiring a stake in WeWork India

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Appointments – Daily Current Affairs June 19

8. Who was appointed to the Paytm board as a non-executive independent director following Neeraj Arora’s resignation?
A) Vijay Shekhar Sharma
B) Rajeev Krishnamuralilal Agarwal
C) Ashneer Grover
D) Ritesh Agarwal
E) Harsh Jain
Answer: B) Rajeev Krishnamuralilal Agarwal

Event and Location:

• Event: Appointment of Rajeev Krishnamuralilal Agarwal to the Paytm board; Resignation of Neeraj Arora
• Location: Paytm, India

Mandates and Objectives:

• Mandates: Enhance corporate governance and board oversight
• Objectives: Fill the position of non-executive independent director; Continue strategic board functions

Important Terms Explained:

• Non-Executive Independent Director: A board member who does not engage in the daily management of the company and is independent of the company’s management and shareholders
• Securities and Exchange Board of India (SEBI): The regulator for the securities market in India
• Initial Public Offering (IPO): The first time that the stock of a private company is offered to the public
• Nomination and Remuneration Committee: A board committee responsible for recommending appointments and remuneration of directors and senior management
• Hallo App: A social networking platform co-founded by Neeraj Arora
  Venture Highway: A venture capital firm co-founded by Neeraj Arora

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9. Who has assumed charge as Chairman of the Indian Institute of Public Administration (IIPA) for the third consecutive term?
A) Rajnath Singh
B) Amit Shah
C) Nirmala Sitharaman
D) Dr. Jitendra Singh
E) Piyush Goyal
Answer: D) Dr. Jitendra Singh

Event and Location:

• Event: Dr. Jitendra Singh assumes charge as Chairman of the Indian Institute of Public Administration (IIPA) for the third consecutive term
• Location: IIPA campus, New Delhi

Mandates and Objectives:

• Mandates: Enhance public administration and policy through improved learning facilities
• Objectives: Establish new smart conference halls; Motivate Indian Statistical Services probationers; Integrate next-generation technologies in statistics

Important Terms Explained:

• Indian Institute of Public Administration (IIPA): An academic institution focused on public administration and policy
• Amrit Kaal: A visionary period aimed at making India a developed nation by 2047
• Deep Ocean Mission: An initiative to explore and utilize ocean and marine resources
• Indian Statistical Services: A civil service responsible for providing statistical data and analysis to aid in policy and decision-making

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Awards – Daily Current Affairs June 19

10. Who became the first Indian to be honoured with the ‘Nelson Mandela Lifetime Achievement Award’?
A) Satyajit Ray
B) Rajkumar Hirani
C) Vinod Ganatra
D) Adoor Gopalakrishnan
E) Shyam Benegal
Answer: C) Vinod Ganatra

Event and Location:

• Event: Vinod Ganatra receiving the ‘Nelson Mandela Lifetime Achievement Award’
• Location: 7th Nelson Mandela Children’s Film Festival, South Africa

Mandates and Objectives:

• Mandates: Recognize significant contributions to cinema, especially films for children
• Objectives: Celebrate Ganatra’s impact on children’s films and his extensive contributions to the film industry

Important Terms Explained:

• Nelson Mandela Lifetime Achievement Award: A prestigious award recognizing individuals for their outstanding contributions to their field, inspired by Nelson Mandela’s legacy
• Janakinath Gaur Award: An award from Doordarshan for exceptional children’s programming
• Liv Ullmann Peace Prize: An international award recognizing filmmakers promoting peace, awarded to Ganatra for his Gujarati film, ‘Harun-Arun’

Static GK Information:

• Nelson Mandela Lifetime Achievement Award: Prestigious South African award
• Vinod Ganatra: Indian filmmaker, first Indian recipient of this award, known for contributions to children’s cinema

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11. Who created the ‘Tiger Anthem’ and received the V Shantaram Lifetime Achievement Award?
A) Satyajit Ray
B) Rajkumar Hirani
C) Subbaiah Nalla Muthu
D) Adoor Gopalakrishnan
E) Shyam Benegal
Answer: C) Subbaiah Nalla Muthu

Event and Location:

• Event: Presentation of the V Shantaram Lifetime Achievement Award
• Location: Mumbai International Film Festival (MIFF)

Mandates and Objectives:

• Mandates: Recognize outstanding contributions to non-feature and wildlife documentary filmmaking
• Objectives: Highlight the impact of Subbaiah Nalla Muthu’s work on tiger conservation and wildlife awareness

Important Terms Explained:

• V Shantaram Lifetime Achievement Award: An accolade for individuals with decades of impactful filmmaking in non-feature, health, science, and natural history
• Project Tiger: An Indian wildlife conservation initiative aimed at protecting tigers

Static GK Information:

• V Shantaram Lifetime Achievement Award: Prestigious award given at Mumbai International Film Festival
• Subbaiah Nalla Muthu: Award-winning wildlife filmmaker, known for his work on Indian tigers

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National Affairs – Daily Current Affairs June 19

12. What new technology did Delhi Airport introduce, making it the first in India and second globally after Toronto?
A) Automated ticket dispensers
B) Self-Service Bag Drop (SSBD) Quick Drop Solution
C) Robotic customer service agents
D) Automated parking systems
E) Facial recognition boarding gates
Answer: B) Self-Service Bag Drop (SSBD) Quick Drop Solution

Event and Location:

• Event: Launch of Self-Service Bag Drop (SSBD) Quick Drop Solution
• Location: Delhi Airport (Indira Gandhi International Airport), India

Mandates and Objectives:

• Mandates: Enhance check-in efficiency; Reduce wait times; Improve overall passenger experience
• Objectives: Enable quick luggage drop without boarding passes or biometric validation; Streamline check-in process

Important Terms Explained:

Self-Service Bag Drop (SSBD) Quick Drop Solution:

• A system allowing passengers to drop luggage, collect tags, and complete check-in quickly
• Reduces check-in time from one minute to 30 seconds

Common Use Self Service (CUSS) Kiosks:

• Kiosks where passengers can print boarding passes and baggage tags

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13. What was the main focus of the roundtable hosted by the Ministry of Skill Development and Entrepreneurship (MSDE) in collaboration with the Australian Government?
A) Promoting renewable energy in India
B) Discussing the Australia-India Critical Agriculture Skills Pilot Project
C) Enhancing urban infrastructure development
D) Improving healthcare facilities in rural areas
E) Developing the tourism sector in India
Answer: B) Discussing the Australia-India Critical Agriculture Skills Pilot Project

Event and Location:

• Event: Roundtable discussion on the Australia-India Critical Agriculture Skills Pilot Project
• Location: PIB Delhi

Mandates and Objectives:

• Mandates: Collaboration between MSDE and the Australian Government
• Objectives: Discuss learnings from the pilot project, scale up the initiative, and replicate the model in other sectors

Important Terms Explained:

• Australia-India Critical Agriculture Skills Pilot Project: A project aimed at identifying and developing critical emerging job roles in the agriculture sector
• National Council for Vocational Education and Training (NCVET): An organization that approves qualification standards in India
• Agriculture Skill Council of India (ASCI): An organization responsible for aligning qualification standards for agricultural job roles
• Skills Impact: An Australian equivalent industry body collaborating with ASCI

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14. What significant infrastructure project has the Union Cabinet approved to be developed in Vadhavan, Maharashtra?
A) A new international airport
B) A solar power plant
C) An all-weather Greenfield deepdraft Major Port
D) A high-speed rail corridor
E) A new national highway
Answer: C) An all-weather Greenfield deepdraft Major Port

Event and Location:

• Event: Approval of the development of an all-weather Greenfield deepdraft Major Port
• Location: Vadhavan, near Dahanu, Palghar District, Maharashtra

Mandates and Objectives:

• Mandates: Develop a major port with advanced infrastructure and connectivity
• Objectives: Enhance trade capacity, support EXIM trade flow, create employment opportunities, promote economic activity

Important Terms Explained:

• Greenfield Port: A new port developed on unused land from scratch
• Deepdraft Port: A port that can accommodate large ships with deep drafts
• Public-Private Partnerships (PPP): A collaborative investment model between the public sector and private companies
• TEUs (Twenty-foot Equivalents): A measure used for capacity in container transportation

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15. What is the main purpose of the MoU signed between CERT-In and Mastercard India?
A) To promote renewable energy
B) To enhance cybersecurity in India’s financial sector
C) To develop new financial products
D) To expand Mastercard’s market presence
E) To improve India’s physical infrastructure
Answer: B) To enhance cybersecurity in India’s financial sector

Event and Location:

• Event: Signing of a Memorandum of Understanding (MoU) between CERT-In and Mastercard India

Mandates and Objectives:

• Mandates: Strengthen cybersecurity in India’s financial sector
• Objectives:
  • Enhance cybersecurity incident response
  • Build capacity in cybersecurity
  • Share cyber threat intelligence
  • Conduct advanced malware analysis

Important Terms Explained:

• CERT-In (Indian Computer Emergency Response Team):
  • A government organization under the Ministry of Electronics and Information Technology, India
  • National agency for incident response under Section 70B of the Information Technology Act, 2000
  • Provides 24×7 incident response services
• Mastercard:
  • A global technology company in the payments industry
  • Mission to connect and power an inclusive, digital economy
• Cyber Threat Intelligence:
  • Information about threats to an organization’s cybersecurity
  • Used to enhance protection measures and respond to incidents
• Advanced Malware Analysis:
  • The process of examining and understanding malware to prevent and respond to cybersecurity threats

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16. What significant infrastructure project has the Union Cabinet approved to be developed in Vadhavan, Maharashtra?
A) A new international airport
B) A solar power plant
C) An all-weather Greenfield deepdraft Major Port
D) A high-speed rail corridor
E) A new national highway
Answer: C) An all-weather Greenfield deepdraft Major Port

Event and Location:

• Event: Approval of the development of an all-weather Greenfield deepdraft Major Port
• Location: Vadhavan, near Dahanu, Palghar District, Maharashtra

Mandates and Objectives:

• Mandates: Develop a major port with advanced infrastructure and connectivity
• Objectives:
  • Enhance trade capacity
  • Support EXIM trade flow through IMEEC and INSTC corridors
  • Create employment opportunities
  • Promote economic activity

Important Terms Explained:

• Greenfield Port: A new port developed on unused land from scratch
• Deepdraft Port: A port that can accommodate large ships with deep drafts
• Public-Private Partnerships (PPP): A collaborative investment model between the public sector and private companies
• TEUs (Twenty-foot Equivalents): A measure used for capacity in container transportation
• EXIM (Export-Import): Trade flow involving exports and imports

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17. What is the main objective of the Viability Gap Funding (VGF) scheme approved by the Union Cabinet?
A) To develop new nuclear power plants
B) To enhance road infrastructure in rural areas
C) To set up India’s first offshore wind energy projects
D) To promote electric vehicle adoption
E) To improve the national railway network
Answer: C) To set up India’s first offshore wind energy projects

Event and Location:

• Event: Approval of the Viability Gap Funding (VGF) scheme for offshore wind energy projects
• Location: India

Mandates and Objectives:

• Mandates: Support the installation and commissioning of offshore wind energy projects
• Objectives:
  • Develop 1 GW of offshore wind energy projects (500 MW each off the coast of Gujarat and Tamil Nadu)
  • Upgrade two ports to support logistics for offshore wind energy projects
  • Reduce the cost of power from offshore wind projects
  • Make projects viable for purchase by DISCOMs

Important Terms Explained:

• Viability Gap Funding (VGF): Financial support from the government to make projects viable
• Offshore Wind Energy: Renewable energy generated from wind turbines located in the ocean
• DISCOMs (Distribution Companies): Companies responsible for distributing electricity to consumers
• Power Grid Corporation of India Ltd (PGCIL): A state-owned electric utility company responsible for constructing power evacuation infrastructure
• Exclusive Economic Zone (EEZ): A sea zone prescribed by the United Nations over which a state has special rights regarding the exploration and use of marine resources

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