Latest Current Affairs Daily Update

28th and 29th June 2021 Current Affairs in English

Important Days

Micro-, Small and Medium-sized Enterprises Day: 27 June

The United Nations Micro, Small, and Medium-sized Enterprises Day are held on June 27 since 2017 to celebrate the work of MSME in local and global economies and their contribution to sustainable development.

The day also recognizes the contribution of these industries in the implementation of the Sustainable Development Goals (SDGs).

In 2021, the theme is “MSME 2021: the key to an inclusive and sustainable recovery.” That is why the UN will be hosting a series of events to explore how MSMEs – the backbone of our economies – can be equipped to ensure an equitable and sustainable post-COVID-19 recovery.

National

World Bank Approves USD125 million financial support for Kerala

The World Bank Board of Executive Directors has approved a $125 million support for the ‘Resilient Kerala Program’ to help the state in preparedness against natural disasters, climate change impacts, disease outbreaks, and pandemics.

The $125 million loan from the International Bank for Reconstruction and Development (IBRD) has a final maturity of 14 years including a grace period of six years.

The heavy monsoons of 2018 were the worst Kerala had seen in nearly a century, triggering devastating floods and landslides. It impacted more than 5 million people, mainly in the Pamba River Basin.

Useful notes for all competitive exams:

  • Kerala CM: Pinarayi Vijayan.
  • Kerala Governor: Arif Mohammad Khan.
  • World Bank Headquarters: Washington, D.C., United States.
  • World Bank Formation: July 1944.
  • World Bank President: David Malpass.

Goa becomes first state to go rabies free

Chief Minister Dr. Pramod Sawant announced that Goa has become the first state in the country to be Rabies free. CM informed that not a single case of rabies had been found in the state for the last three years. The team of mission rabies had been very effectively doing its job and had been also conducting vaccination for dogs.

As per information, no rabies cases were reported in the state in 2018. The progress came on the heels of Mission Rabies, a statewide drive in place since 2014 which saw almost one lakh dogs given the anti-rabies vaccine yearly, and an awareness campaign that educated 5.2 lakh school children and 23,000 teachers about the virus. This included 50,316 vaccinations administered and 78,437 students reached until August 31st this year alone.

Useful notes for all competitive exams:

  • Goa Capital: Panaji.
  • Governor of Goa: Bhagat Singh Koshyari.
  • Chief Minister of Goa: Pramod Sawant.

Appointments

Vigilance Commissioner Suresh N Patel appointed as acting CVC

The incumbent Vigilance Commissioner, Suresh N Patel has been appointed as the acting Central Vigilance Commissioner (CVC) of India in the Central Vigilance Commission with effect.

He has been appointed in place of Sanjay Kothari, who completed his term on June 23, 2021. He will remain on the post until the appointment of the new Central Vigilance Commissioner.

The Central Vigilance Commission is headed by the CVC and can have a maximum of two vigilance commissioners. Currently, Mr. Patel is the only VC in the commission. The Personnel Ministry has invited applications for the posts of CVC and a vigilance commissioner.

Useful notes for all competitive exams:

  • Central Vigilance Commission Formed: February 1964;
  • Central Vigilance Commission Headquarters: New Delhi.

Agreements

Paisabazaar, SBM bank announce to launch Step Up credit card

Paisabazaar.com, India’s largest lending marketplace & Credit Score platform and SBM Bank India, the youngest universal Bank announced the launch of “Step Up Credit Card” – a credit-builder product designed for consumers with limited access to formal credit, due to ineligible credit score. It is the first product to be launched under Paisabazaar’s neo-lending strategy.

The Step Up Credit Card, built in partnership with SBM Bank India, is the first product to be launched under Paisabazaar’s neo-lending strategy.

A secured card provided against a fixed deposit (with SBM Bank India), Step Up Card helps consumers with damaged credit or those with no credit history to steadily build their Credit Score.

Useful notes for all competitive exams:

  • Paisabazaar Founded: 15 December 2011;
  • Paisabazaar Founders: Naveen Kukreja, Yashish Dahiya.

JSCA, SAIL-BSL inks MoU for International Cricket Stadium in Bokaro

The Jharkhand State Cricket Association (JSCA) has inked a Memorandum of Understanding (MoU) with SAIL Bokaro Steel Plant (BSL), for the construction of an International Cricket Stadium in Bokaro city.

Once the stadium is ready, Bokaro will become the third city in Jharkhand to have an International Cricket Stadium after Jamshedpur and Ranchi.

The MoU is a lease agreement under which Bokaro Steel Plant will transfer 20.17 acres of its land to JSCA for 33 years, for the construction of an international cricket stadium in the Balidih area of Bokaro.

The proposed stadium will also be the first stadium to be constructed in SAIL township.

Useful notes for all competitive exams:

  • Chief Minister of Jharkhand: Hemant Soren; Governor: Shrimati Droupadi Murmu.

Defence

DRDO Successfully Test Fires Enhanced Pinaka Rocket Off Odisha Coast

The Defence Research and Development Organisation (DRDO) successfully test-fired an extended-range version of the indigenously developed Pinaka rocket. The rockets were launched from a Multi-Barrel Rocket Launcher (MBRL) at Integrated Test Range (ITR), Chandipur off the coast of Odisha.

The enhanced range version of the Pinaka Rocket System can destroy targets at distances up to 45 km. 25 Enhanced Pinaka Rockets were launched in quick succession against different range targets.

The Pinaka Rocket system has been developed jointly by Pune-based Armament Research and Development Establishment (ARDE) and High Energy Materials Research Laboratory (HEMRL) with manufacturing support from M/s Economic Explosives Limited, Nagpur.

Awards

French non-fiction author Emmanuel Carrere wins top Spanish award

French author Emmanuel Carrere, popular for his non-fiction books in a high literary vein, has been granted this year’s Spanish Princess of Asturias Literature Award.

The 50000-euro award is one of the 8 prestigious prizes by the foundation named after the heir to the Spanish throne, Princess Leonor. The 8 prizes cover different disciplines-arts, social sciences, sports etc.

RK Sabharwal gets highest civilian award of Mongolia

Engineers India Limited (EIL) Chairman & Managing Director (CMD), RK Sabharwal has been honoured with the highest civilian award of Mongolia ‘The Order of Polar Star by his excellency.

The President of Mongolia recognises the outstanding contribution made by him towards the establishment of the first-ever oil refinery in Mongolia. On behalf of the government of Mongolia, this award was presented by His Excellency, the Ambassador of Mongolia to India, Gonching Ganbold, at a ceremony organised at the Embassy of Mongolia.

The ‘Order of Polar Star’ is the most desirable and prestigious state award bestowed by the President of Mongolia which is highly valuable and distinguished and recognizes individuals who have made an invaluable contribution with their outstanding hard work, intelligence, and sincerity to the prosperity of Mongolia and its friendship with other nations, as well for outstanding contributions in the fields of arts, culture, science, and humanity.

Useful notes for all competitive exams:

  • Mongolia Capital: Ulaanbaatar;
  • Mongolia Currency: Mongolian Togrog;
  • Mongolia President: Ukhnaa Khurelsukh.

Business

Amazon’s AWS Acquires Encrypted Messaging App Wickr

Amazon has acquired an American instant messaging app ‘Wickr’ to offer secure communications for businesses, government agencies, and individuals, who are moving to hybrid work environments, due to the COVID-19 pandemic.

It must be noted that Wickr offers the most secure, end-to-end encrypted, communication technology, with advanced security features, that are not available with traditional communications services across messaging, voice and video calling, file sharing, and collaboration.

Wickr app has been acquired by Amazon.com Inc’s cloud computing unit Amazon Web Services (AWS), for an undisclosed amount.

Wickr is an encrypted messaging service, founded in 2012, and primarily used by government agencies in the United States.

Useful notes for all competitive exams:

  • Amazon CEO: Jeff Bezos (May 1996–5 Jul 2021);
  • Amazon Founded: 5 July 1994.

Economy

Ind-Ra revises India’s GDP growth rate for FY22 at 9.6%

India Ratings and Research (Ind-Ra) has projected the GDP growth rate of India for fiscal year FY22 (2021-22) at 9.6 per cent.

Earlier this was estimated at 10.1 percent by the rating agency. This rate is, however, contingent upon India vaccinating its entire adult population by December 31, 2021.

Ranks and Reports

Ashgabat world’s most expensive city for foreign workers

Ashgabat, the capital of Turkmenistan in Central Asia, has been named the world’s most expensive city for foreign workers. The city topped the list in a 2021 cost-of-living survey by consultancy firm Mercer.

Hong Kong was on the second position, followed by Beirut in Lebanon and Tokyo in Japan. Ashgabat is known for its magnificent marble buildings and monuments. It is also home to one of Central Asia’s most colourful bazaars called Tolkuchka Bazaar.

Other tourist attractions include the National Museum, White Marble, Turkmenbashi Cableway, Museum of Fine Arts, Alem Cultural and Entertainment Center, and Turkmen Carpet Museum. 

Mumbai remains India’s most expensive city at 78th rank but has dropped 18 places in this year’s ranking “due to a relatively weak Indian rupee in comparison with other cities in the ranking.” Other Indian cities on the list are New Delhi (117), Chennai (158), Bengaluru (170), and Kolkata (181).

Sports

Cristiano Ronaldo becomes joint top-scorer in men’s international football

Cristiano Ronaldo has become the joint-top scoring men’s international player of all time. He is currently tied with Iran legend Ali Daei, who scored 109 times in 149 matches between 1993 and 2006.

Cristiano Ronaldo scored two penalties to tie the overall men’s scoring record with 109 goals in 176 matches and Portugal advanced to the round of 16 at the European Championship after a 2-2 draw with France.

Max Verstappen Wins 2021 Styrian Grand Prix

Max Verstappen (Netherlands-Red Bull) has won the 2021 Styrian Grand Prix. This is the fourth win of Verstappen in the 2021 Formula One season.

Also, with this win, Verstappen leads the 2021 driver’s championship standings with 156 points followed by Hamilton (138). Lewis Hamilton (Britain-Mercedes) stood second. Valtteri Bottas (Finland- Mercedes) came third.

Books and Authors

A book titled “Fiercely Female: The Dutee Chand Story” by Sundeep Mishra

Journalist Sundeep Mishra’s book titled ‘Fiercely Female: The Dutee Chand Story’ chronicles Chand’s journey with a detailed narrative of the gender-identity controversy that made her an iconic figure in Indian sport.

The book was published by Westland Books. Dutee Chand, the first openly homosexual athlete from India, scripted history in 2019 when she became the first Indian to win gold in a 100-metre event at the World Universiade in Naples.

Coming from a small village in Odisha, Dutee Chand went on to hold the national record in the women’s 100 meters and is only the fifth Indian to participate in the women’s 100 meters at the Olympics when she qualified for the 2016 Rio Games.


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