Daily Current Affairs June 27

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 27. 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 27 | Daily Current Affairs 2024

Sports – Daily Current Affairs June 27

1. What marked the end of David Warner’s international cricket career?
A) A final match victory against India
B) Retirement during the Champions Trophy
C) Australia’s elimination from the T20 World Cup
D) Last Test match against Pakistan
E) Final ODI in the World Cup final victory over India
Answer: C) Australia’s elimination from the T20 World Cup

Event and Location:

• Event: David Warner’s international retirement
• Location: St Lucia, West Indies

Mandates and Objectives:

• End of Career: David Warner’s retirement marks the end of a 15-year international career spanning all formats.
• T20 World Cup Elimination: Warner’s final international appearance concluded with Australia’s elimination from the T20 World Cup by Afghanistan’s victory over Bangladesh.

Important Terms Explained:

• T20 World Cup: A global cricket tournament organized by the International Cricket Council (ICC) in the Twenty20 format.
• Champions Trophy: Another ICC tournament, involving the top eight ODI teams.

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Ranking – Daily Current Affairs June 27

2. Which company has retained the title of India’s most valuable brand according to the latest Brand Finance report?
A) Infosys
B) HDFC Group
C) LIC Group
D) Reliance
E) Tata Group
Answer: E) Tata Group

Event and Location:

• Event: Tata Group retains the title of India’s most valuable brand
• Location: New Delhi, India

Mandates and Objectives:

• Brand Ranking: The Tata Group has retained its position as India’s most valuable brand.
• Brand Value: The brand value of Tata Group is pegged at $28.6 billion, up 9%.

Important Terms Explained:

• Brand Value: The financial worth of a brand, reflecting its market position and consumer perception.
• Brand Finance: A leading independent brand valuation and strategy consultancy.

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Banking and Finance – Daily Current Affairs June 27

3. Which Indian company recently joined the $100 billion market capitalisation club?
A) Tata Consultancy Services
B) HDFC Bank
C) Bharti Airtel
D) ICICI Bank
E) Infosys
Answer: D) ICICI Bank

Event and Location:

• Event: ICICI Bank reaches $100 billion market capitalisation
• Location: Mumbai, India

Mandates and Objectives:

• Market Capitalisation Achievement: ICICI Bank became the sixth Indian company to achieve a market capitalisation of $100 billion.
• Stock Performance: The bank’s stock rose by 2.48% to a record high of ₹1,199.05, contributing to this milestone.

Important Terms Explained:

• Market Capitalisation: The total market value of a company’s outstanding shares, calculated by multiplying the current share price by the total number of outstanding shares.
• Nifty and Bank Nifty: Nifty 50 is a benchmark Indian stock market index representing the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange. Bank Nifty is a stock index that represents the 12 most liquid and large capitalized stocks from the banking sector.

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4. What new regulation has SEBI introduced for the registration of foreign portfolio investors (FPIs) regarding contributions from NRIs, OCIs, and resident Indians?
A) NRIs can contribute up to 50% in an FPI
B) Single NRI or OCI can contribute up to 25%
C) NRIs can control the FPI
D) Indian exposure can exceed 50%
E) No restrictions on contributions from NRIs
Answer: B) Single NRI or OCI can contribute up to 25%

Event and Location:

• Event: SEBI introduces new regulations for FPI registration
• Location: India

Mandates and Objectives:

• Regulation: SEBI mandates that the contribution of a single NRI, overseas citizen of India (OCI), or resident Indian in an FPI’s corpus must be below 25%.
• Aggregate Contribution: At an aggregate level, the contributions from NRIs, OCIs, and resident Indians must be below 50%.

Important Terms Explained:

• SEBI (Securities and Exchange Board of India): The regulatory body for securities and capital markets in India.
• FPI (Foreign Portfolio Investor): An investor that holds a portfolio of financial assets in a country other than their own.
• NRI (Non-Resident Indian): An Indian citizen residing outside India.
• OCI (Overseas Citizen of India): A person of Indian origin who is not a citizen of India but holds an OCI card.
• Liberalised Remittance Scheme: A scheme introduced by the Reserve Bank of India (RBI) that allows resident individuals to remit a certain amount of money during a financial year for permissible current or capital account transactions.

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Business and Economy – Daily Current Affairs June 27

5. What milestone did Mindspace Business Parks REIT achieve with its recent bond issuance?
A) First Indian REIT to issue green bonds
B) First Indian REIT to list on stock exchanges
C) First Indian REIT to issue sustainability-linked bonds
D) First Indian REIT to achieve net-zero emissions
E) First Indian REIT to raise Rs 1000 crore
Answer: C) First Indian REIT to issue sustainability-linked bonds

Event and Location:

• Event: Mindspace Business Parks REIT issues sustainability-linked bonds
• Location: India

Mandates and Objectives:

• Milestone: Mindspace Business Parks REIT became the first Indian real estate investment trust (REIT) to issue sustainability-linked bonds.
• Funds Raised: Rs 650 crore from the International Finance Corporation (IFC).

Important Terms Explained:

• Sustainability-Linked Bonds: Bonds that are linked to the issuer’s achievement of predetermined sustainability or ESG (Environmental, Social, and Governance) targets.
• Greenhouse Gas Emissions (Scope 1, 2, and 3):
  • Scope 1: Direct emissions from owned or controlled sources.
  • Scope 2: Indirect emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the reporting company.
  • Scope 3: All other indirect emissions that occur in a company’s value chain.

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6. Which institution has signed an MoU with Nokia for collaborative research on 5G?
A) IIT Madras
B) VIT (Vellore Institute of Technology)
C) Anna University
D) IISc Bangalore
E) NIT Trichy
Answer: B) VIT (Vellore Institute of Technology)

Event and Location:

• Event: Signing of MoU between VIT and Nokia for collaborative research on 5G
• Location: Chennai, India

Mandates and Objectives:

• MoU Purpose: To pursue collaborative research on 5G and next-generation technologies, incorporating artificial intelligence (AI) and machine learning applications.
• Expert Involvement: Nokia experts will join VIT’s Board of Studies, mentor students and faculty with hands-on learning, prototyping, and student projects, and engage with relevant departments of VIT.

Important Terms Explained:

• MoU (Memorandum of Understanding): A formal agreement between two or more parties to collaborate on specific projects or initiatives.
• 5G Technology: The fifth generation of mobile network technology, offering faster speeds, lower latency, and improved connectivity.

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Appointments – Daily Current Affairs June 27

7. Who has been appointed as the Vice President of the India Bullion Jewellers Association (IBJA)?
A) Rajesh Kumar Gupta
B) Aksha Mohit Kamboj
C) Priti Shah
D) Sunil Mehta
E) Anjali Verma
Answer: B) Aksha Mohit Kamboj

Event and Location:

• Event: Appointment of Mrs. Aksha Mohit Kamboj as Vice President of IBJA
• Location: India

Mandates and Objectives:

• Role and Responsibilities: Mrs. Kamboj will shape IBJA’s strategic initiatives, foster industry collaborations, and advocate for the interests of members nationwide.
• Experience: Mrs. Kamboj has over five years of experience in the bullion and jewellery sector and is the first and only woman appointed to such a prestigious position in the sector.

Important Terms Explained:

• India Bullion Jewellers Association (IBJA): An organization that plays a crucial role in policy making for the gold industry in India. It declares daily gold prices used by the Ministry of Finance and the Reserve Bank of India for various financial instruments.
• Sovereign Gold Bond: A government security denominated in grams of gold, issued by the Reserve Bank of India on behalf of the Government of India.

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8. Who has been appointed as the next secretary-general of NATO?
A) Jens Stoltenberg
B) Klaus Iohannis
C) Joe Biden
D) Angela Merkel
E) Mark Rutte
Answer: E) Mark Rutte

Event and Location:

• Event: Mark Rutte appointed as the next secretary-general of NATO
• Location: NATO headquarters, Brussels

Mandates and Objectives:

• New Leadership: Mark Rutte will take over as secretary-general of NATO from Jens Stoltenberg on October 1.
• Backed By: Rutte was supported by the US and other member countries like Germany.

Important Terms Explained:

• NATO (North Atlantic Treaty Organization): An intergovernmental military alliance between 32 North American and European countries.
• Secretary-General: The chief civil servant of NATO, responsible for steering the alliance and representing it publicly.

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Awards – Daily Current Affairs June 27

9. Which award did GRSE win at the Outlook Planet Sustainability Summit 2024?
A) Green Initiative Award
B) Environmental Excellence Award
C) Sustainable Governance Champion Award
D) Innovation in Sustainability Award
E) Best Maritime Practices Award
Answer: C) Sustainable Governance Champion Award

Event and Location:

• Event: GRSE wins Sustainable Governance Champion Award
• Location: Kolkata, India

Mandates and Objectives:

• Award Achievement: Garden Reach Shipbuilders & Engineers (GRSE) Ltd. was honoured with the “Sustainable Governance Champion Award.”
• Recognition: The award recognizes GRSE’s commitment to integrating sustainability into its operations and promoting environmental stewardship.

Important Terms Explained:

• Sustainable Governance: The practice of integrating sustainability into core business operations and decision-making processes to promote long-term environmental, social, and economic benefits.
• Outlook Planet Sustainability Summit & Awards: A platform that celebrates and promotes sustainable initiatives by bringing together industry leaders, policymakers, and sustainability advocates.

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10. Which status was recently granted to Central Electronics Limited (CEL) by the government?
A) Maharatna
B) Navratna
C) Miniratna Category-I
D) Miniratna Category-II
E) Schedule ‘A’
Answer: C) Miniratna Category-I

Event and Location:

• Event: CEL granted Miniratna Category-I status
• Location: Ghaziabad campus, Golden Jubilee celebrations

Mandates and Objectives:

• Transformation: CEL transformed from a loss-making PSU to a dividend-paying PSU, paying dividends for three consecutive years.
• Recognition: Miniratna status recognizes CEL’s profitability and governance.

Important Terms Explained:

• Miniratna Status: A designation given to profit-making public sector enterprises (PSEs) in India, allowing them greater autonomy and financial powers.
• There are two categories:
  • Category-I: Requires profit for three consecutive years with pre-tax profit of ₹30 crore or more in one of the three years, and positive net worth.
  • Category-II: Requires profit for three consecutive years and positive net worth.
• Dividend: A sum of money paid regularly by a company to its shareholders out of its profits.

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11. Which prestigious prize was awarded to Arundhati Roy in 2024?
A) Booker Prize
B) Nobel Prize in Literature
C) Pen Pinter Prize
D) Commonwealth Writers’ Prize
E) Pulitzer Prize
Answer: C) Pen Pinter Prize

Event and Location:

• Event: Arundhati Roy awarded the Pen Pinter Prize 2024
• Location: Ceremony co-hosted by the British Library on October 10, 2024

Mandates and Objectives:

• Prize Objective: The Pen Pinter Prize, established by English PEN in 2009, aims to defend freedom of expression and celebrates literature in memory of Nobel-Laureate playwright Harold Pinter.

Important Terms Explained:

• Pen Pinter Prize: An annual literary award given to a writer of outstanding literary merit who casts an “unflinching, unswerving” gaze upon the world and shows a “fierce intellectual determination… to define the real truth of our lives and our societies.”

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Defence – Daily Current Affairs June 27

12. What recent achievement did the Defence Research and Development Organisation (DRDO) accomplish with the High Speed Expendable Aerial Target ‘ABHYAS’?
A) Launching a new satellite
B) Completing 10 developmental trials
C) Developing a new missile system
D) Introducing a new combat aircraft
E) Launching an underwater drone
Answer: B) Completing 10 developmental trials

Event and Location:

• Event: Successful completion of developmental trials for High Speed Expendable Aerial Target ‘ABHYAS’
• Location: Integrated Test Range (ITR), Chandipur, Odisha

Mandates and Objectives:

• Achievement: DRDO successfully completed six consecutive developmental trials of ‘ABHYAS’ with improved booster configuration.
• Objectives Validated: Safe release of booster, launcher clearance, endurance performance, improved radar cross-section, visual and infrared augmentation systems.

Important Terms Explained:

• High Speed Expendable Aerial Target (HEAT): Aerial targets used to simulate enemy aircraft or missiles, providing realistic scenarios for testing and training weapon systems.
• Booster: A rocket or motor that provides the initial thrust for launch.
• Radar Cross Section (RCS): A measure of how detectable an object is by radar.

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International Affairs – Daily Current Affairs June 27

13. Which country recently became the 100th full member of the International Solar Alliance (ISA)?
A) Brazil
B) Paraguay
C) Argentina
D) Chile
E) Uruguay
Answer: B) Paraguay

Event and Location:

• Event: Paraguay joins the International Solar Alliance (ISA) as the 100th full member.
• Location: New Delhi, India

Mandates and Objectives:

• ISA Milestone: Paraguay’s membership marks the 100th full member milestone for the ISA.
• Objective of ISA: To accelerate the deployment of solar energy globally and support Climate Action.

Important Terms Explained:

• International Solar Alliance (ISA): A coalition of solar-resource-rich countries aiming to address barriers to solar energy deployment, established by India and France during COP21 in 2015.
• Instrument of Ratification: A formal document by which a country officially joins an international agreement.

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National Affairs – Daily Current Affairs June 27

14. Which scheme helped Ladakh achieve Full Functional Literacy?
A) Sarva Shiksha Abhiyan
B) Midday Meal Scheme
C) ULLAS – Nav Bharat Saaksharta Karyakram
D) Pradhan Mantri Awas Yojana
E) Digital India Campaign
Answer: C) ULLAS – Nav Bharat Saaksharta Karyakram

Event and Location:

• Event: Ladakh achieves Full Functional Literacy
• Location: Sindhu Sanskritik Kendra (SSK), Ladakh

Mandates and Objectives:

• ULLAS Scheme Achievement: The union territory of Ladakh achieved Full Functional Literacy through the ULLAS – Nav Bharat Saaksharta Karyakram (NILP).
• Literacy Rate: The literacy rate in Ladakh exceeded 97%, marking a significant milestone.

Important Terms Explained:

• ULLAS – Nav Bharat Saaksharta Karyakram: A literacy program aimed at improving basic skills and achieving full functional literacy across various regions in India.
• Full Functional Literacy: Achieving a level of literacy where individuals can effectively engage in all necessary daily activities requiring reading and writing skills.

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15. How many days of maternity leave are women government employees entitled to for children born through surrogacy according to the recent amendments?
A) 120 days
B) 150 days
C) 180 days
D) 200 days
E) 240 days
Answer: C) 180 days

Event and Location:

• Event: Amendments to Central Civil Services (Leave) Rules, 1972 regarding surrogacy
• Location: India

Mandates and Objectives:

• Maternity Leave: Women government employees are entitled to 180 days of maternity leave for children born through surrogacy.
• Paternity Leave: Commissioning fathers are granted 15 days of paternity leave.

Important Terms Explained:

• Commissioning Mother: The intending mother of the child born through surrogacy.
• Commissioning Father: The intending father of the child born via surrogacy.
• Surrogate Mother: The woman who carries the child for the commissioning parents.
• Childcare Leave: Leave granted to a government employee to care for their children, which can be up to 730 days during their service.

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16. What is the approved cost for the ‘Museum of Temples’ project in Ayodhya proposed by Tata Sons?
A) ₹500 crore
B) ₹600 crore
C) ₹650 crore
D) ₹700 crore
E) ₹750 crore
Answer: C) ₹650 crore

Event and Location:

• Event: Approval of the ‘Museum of Temples’ project in Ayodhya
• Location: Ayodhya, Uttar Pradesh, India

Mandates and Objectives:

• Project Cost: The Uttar Pradesh cabinet approved the proposal by Tata Sons to build the ‘Museum of Temples’ at a cost of ₹650 crore.
• Land Lease: The tourism department will provide land for the museum on a 90-year lease for a token amount of ₹1.

Important Terms Explained:

• Corporate Social Responsibility (CSR) Fund: Funds set aside by companies for social development activities.
• Public-Private Partnership (PPP) Model: A cooperative arrangement between public and private sectors, typically of a long-term nature, used for development projects.

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17. How much funding has been approved for West Bengal under SBM-U 2.0 to boost urban swachhata infrastructure?
A) ₹500.35 Cr
B) ₹860.35 Cr
C) ₹911.34 Cr
D) ₹1449.30 Cr
E) ₹217 Cr
Answer: B) ₹860.35 Cr

Event and Location:

• Event: Approval of funding for urban swachhata infrastructure in West Bengal under SBM-U 2.0
• Location: West Bengal, India

Mandates and Objectives:

• Funding Approval: The Ministry of Housing and Urban Affairs (MoHUA) approved ₹860.35 crore for West Bengal under SBM-U 2.0.
• Objective: Enhance waste management and sanitation infrastructure in urban areas of West Bengal.

Important Terms Explained:

• SBM-U 2.0 (Swachh Bharat Mission-Urban 2.0): The second phase of the Swachh Bharat Mission-Urban, aimed at maintaining cleanliness and improving waste management in urban areas.
• Legacy Waste: Waste that has accumulated over time in a landfill or dumpsite.
• Bio-mining and Bioremediation: Processes used to extract usable materials from waste and treat the remaining waste to reduce environmental impact.

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18. What is the primary purpose of the newly launched Sangyaan App by the Railway Protection Force (RPF)?
A) To provide real-time train tracking
B) To offer ticket booking services
C) To educate RPF personnel on criminal laws
D) To manage railway property
E) To provide travel insurance
Answer: C) To educate RPF personnel on criminal laws

Event and Location:

• Event: Launch of the Sangyaan App
• Location: New Delhi, India

Mandates and Objectives:

• Purpose: The Sangyaan App aims to educate and empower RPF personnel by providing comprehensive information on both new and old criminal laws.
• Target Audience: RPF personnel, offering them detailed insights into new criminal acts and other legal frameworks relevant to their operations.

Important Terms Explained:

• Bharatiya Nyaya Sanhita (BNS) 2023: A new criminal law act in India.
• Bharatiya Nagarik Suraksha Sanhita (BNSS) 2023: Another new criminal law focusing on citizen security.
• Bharatiya Sakshya Adhiniyam (BSA) 2023: A new law related to evidence and its admissibility.

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Over All Review

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