June 2nd Current Affairs and General Knowledge

Important Current Affairs 2nd June 2019

India moves up to 43rd in competitiveness
  • India has moved up one place to rank 43rd most competitive economy in the world in the 2019 edition of the IMD World Competitiveness Rankings.
  • Singapore has moved up to the top, from the third position last year, while the US has slipped to the third place.
  • The IMD World Competitiveness Rankings, established in 1989, incorporate 235 indicators from each of the 63 ranked economies.
Sri Lanka, Japan and India sign deal
  • Sri Lanka, Japan and India on 28 May 2019 signed an agreement to jointly develop the East Container Terminal at the Colombo Port.
  • As per the agreement, the Sri Lanka Ports Authority (SLPA) retains 100% ownership of the East Container Terminal (ECT).
  • Sri Lanka will hold a 51% stake in the project and the joint venture partners will retain 49%.
IOB launches ‘Bank on Wheels’ facility
  • Indian Overseas Bank (IOB) launched ‘Bank on Wheels’ facility in 14 of its lead districts in Tamil Nadu and Kerala.
  • The mobile van facility will enable the public, especially senior citizens, conveniently get door-step banking facility available at identified locations of the lead districts.
  • A dedicated banking correspondent will accompany the vehicle with a micro-ATM inside the van.
Puerto Williams is world’s southernmost city
  • Puerto Williams, a hamlet in Chile, has been upgraded to the category of ‘city’ by Chilean authorities, making it the world’s southernmost city.
  • Puerto Williams has nudged out Ushuaia in Argentina for the title.
  • The capital of Chile is Santiago and its currency is Chilean Peso.
First woman fighter pilot to fly Hawk jet
  • Flight Lt Mohana Singh has become the first woman fighter pilot to fly by day on a Hawk advanced jet aircraft.
  • Her training involved flying both air-to-air combat and air-to-ground missions.
  • She and two other women officers, Bhawana Kanth and Avani Chaturvedi, joined the fighter stream in June 2016.
  • Flight Lt Bhawana Kanth became the first daytime woman fighter pilot to fly a MiG-21 Bison.
Anita is the new UN Asst Secretary-General
  • Anita Bhatia has been appointed as the Assistant Secretary-General for resource management, sustainability and partnerships and Deputy Executive Director of the UN Entity for Gender Equality and the Empowerment of Women (UN Women).
  • She is a veteran of strategic partnerships, resource mobilisation, and management.
First Rafale jet to be part of 17 squadron
  • The first Rafale combat aircraft would be inducted into the Indian Air Force’s ‘Golden Arrows’ 17 Squadron.
  • ‘Golden Arrows’ 17 Squadron was commanded by Air Chief Marshal BS Dhanoa during the Kargil war in 1999.
  • The 17 Squadron which was earlier located in Bhatinda in Punjab and will now be shifted to Ambala in Haryana.
  • The 17 Squadron used to operate the MiG-21s earlier.
RBI sets up task force on secondary market
  • The RBI constituted a task force to suggest policy and regulatory interventions required for the development of the secondary market in corporate loans, including loan transaction platform for stressed assets.
  • The task force will be headed by Canara Bank Chairman T N Manoharan.
  • Secondary loan market in India is largely restricted to asset reconstruction companies.
RBI sets up committee for housing finance
  • The Reserve Bank of India (RBI) has set up a committee to look into the current state of mortgage securitisation in the country.
  • It will identify the issues faced by the securitisation market and give suggestions to develop it going ahead.
  • Bain & Co’s senior advisor Harsh Vardhan has been appointed as the chairperson of the committee.
Annie Zaidi wins Nine Dots Prize
  • Indian playwright and journalist Annie Zaidi was announced the winner of the 2019 Nine Dots Prize for her essay ‘Bread, Cement, Cactus’.
  • The Nine Dots Prize is a book prize for creative thinking that tackles contemporary societal issues.
  • Zaidi’s book based on her Nine Dots Prize-winning essay will be published by Cambridge University Press in May 2020.
Indore’s airport gets ‘international’ status
  • Indore’s Devi Ahilya Bai Holkar airport was declared as an international airport on 29 May 2019.
  • The airport, named after Maharani Ahilya Bai Holkar of Indore, is considered as the busiest airport in Central India.
  • An international airport has customs and border control facilities enabling passengers to travel between countries.
James Marape elected new PNG Prime Minister
  • James Marape, a former finance minister, has been elected by parliament as the Prime Minister of Papua New Guinea (PNG).
  • His appointment comes after the outgoing leader Peter O’Neill resigned on 29 May 2019.
  • Papua New Guinea, a South Pacific nation of 7.3 million people, has rich reserves of copper, gold, and oil.
India’s only orangutan dies in Odisha
  • Binny, India’s only orangutan, has died at Nandankanan Zoological Park in Odisha.
  • Binny was brought from the Rajiv Gandhi Zoological Park in Pune to the zoo in 2003.
  • Binny was undergoing treatment for an infected wound on her throat for the last two years.
Secretary DST releases 4 popular science books
  • Secretary, Department of Science and Technology, Prof. Ashutosh Sharma released four popular science books published by Vigyan Prasar.
  • The books released were ‘Voyage to Antarctica’, ‘Story of Consciousness’, ‘An Autobiography of Moon’ and ‘Sambhu Nath De – The Discovery of Cholera Toxin’.
  • Voyage to Antarctica is authored by Dr Felix Bast.
  • World Digestive Health Day is observed every year by the World Gastroenterology Organisation, in collaboration with the WGO Foundation.
  • Nepal celebrates Mt. Everest Day on May 29 every year in memory of the first summit of Mt. Everest by Sir Edmund Hillary and Tenzing Norgay.
  • The Global Day of Parents is observed on June 1 every year.
  • World Hunger Day is observed every year on 28 May.
RBI allows banks to use Aadhaar for KYC
  • The Reserve Bank of India has said that banks can now use Aadhaar for KYC verification if the customer gives consent.
  • RBI also updated Aadhaar to its list of documents eligible for identification of individuals.
  • In 2018, the Supreme Court prohibited the use of Aadhaar for KYC due to privacy concerns.
IIT Guwahati signs MoU with ISRO
  • IIT Guwahati has signed an MoU with the Indian Space Research Organisation (ISRO) to set up an IITG-ISRO Space Technology Cell (STC) at the institute.
  • IITG-ISRO STC would be first of its kind in the North-east region to augment research and capacity building processes in the field of space technology.
  • The space technology cell will constitute faculty members from IIT Guwahati.
Planet discovered in Neptunian Desert
  • Astronomers have discovered an exoplanet with its own atmosphere in the Neptunian Desert.
  • NGTS-4b, nick-named ‘The Forbidden Planet’ is smaller than Neptune but three times the size of Earth.
  • The exoplanet has a mass of 20 Earth masses, a radius 20% smaller than Neptune, and temperature of 1000 degrees Celsius.
  • It orbits around the star in only 1.3 days.
New species of wasp identified in Goa
  • A new species of wasp from the genus Kudakrumia has been identified by scientists in Goa.
  • The new species was collected in the forests of Western Ghats.
  • The wasp, Kudakrumia rangnekari, was named after Goa-based researcher Parag Rangnekar.
  • He is the author of a book ‘Butterflies of Goa’, which is perhaps a first field guide with photographs of the species found in this region.
  • Yoga instructor and fitness expert Namrata Menon was appointed Goa’s brand ambassador to promote the ancient system of physical and mental practices in the coastal state.
  • Truecaller has appointed Sandeep Patil as the Managing Director for India.
  • Indonesia’s Anton Aditya Subowo was re-elected as the President of Badminton Asia.

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