Current Affairs Updates - 5th June 2018
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Banking, Economic & Financial Affairs
To further financial literacy and thereby create awareness on key financial topics, the Reserve Bank of India is observing Financial Literacy Week.
- The Week with 'Consumer Protection' as the theme is for creating awareness among the consumers of financial services about their rights, responsibilities, good practices and resolution mechanism in a fast changing digital financial landscape.
Newly constituted Banks Board Bureau, headed by former DoPT Secretary B P Sharma, will undertake its first major assignment of shortlisting candidates for about 30 top level vacancies in the public sector banks beginning June 13.
- There are already some vacancies at the managing director (MD) and at the executive director (ED) level and some would be created during course of the current fiscal, sources said.
The National Thermal Power Corporation (NTPC), which is presently looking at developing and maintaining Hyderabad's iconic Charminar, has now 'adopted' the monument under the Centre's Swachh Iconic Places Projects of India.
- The scheme is a drive under the central government's Swachh Bharat Mission, and the NTPC and the Greater Hyderabad Municipal Corporation (GHMC) on Friday signed a Memorandum of Understanding (MoU) on the issue.
Defence secretary gets additional charge of DRDO as S Christopher's term ends
- Christopher, an aeronautical scientist, retires after completing the one-year extension he got after a two-year tenure as the DRDO chief in 2017.
Asia’s first 13 ‘Blue Flag’ beaches to be developed in India
- Environment friendly, clean and equipped with amenities of international standards for tourists, 13 Indian beaches will soon get the Blue Flag certification.
As part of India’s new energy sourcing strategy, the first Russian long-term liquefied natural gas (LNG) cargo arrived at the Dahej LNG terminal in Gujarat.
- This 3.4 trillion British thermal unit (TBtu) of cargo followed the first US long-term LNG cargo from the Houston-based Cheniere Energy Inc that arrived in India in March.
Air Chief Marshal Birender Singh Dhanoa , Chief of the Air Staff, Indian Air Force is embarking on a four day official visit to Brazil from 04 to 07 Jun 2018.
- The CAS is scheduled to visit various operational and training units and interact with senior functionaries of the Brazilian Air Force.
MSCI Inc. said it is considering placing some emerging markets including India on notice for limiting investor access.
- In a press release, MSCI, one of the world’s biggest index compilers, said it is considering introducing an alternative to fully including or excluding markets from its indexes after some emerging markets introduced certain restrictions in market accessibility.
Prime Minister Narendra Modi left for India after concluding his significant and successful three-nation visit to Indonesia, Malaysia and Singapore.
- External affairs ministry spokesperson Raveesh Kumar said the prime minister's visit added momentum to India's Act East Policy.
Union HRD Minister Prakash Javadekar said the government has decided to reduce the NCERT syllabus by half as it is "cramped".
- He said the proposed amendment to the Right to Education (RTE) Act, which reviews the no-detention policy and empowers states to conduct examinations for Class 5 and 8 students, is expected to to be tabled before Parliament in July.
A new fast-growing Israeli flower was today named after Prime Minister Narendra Modi, in a special gesture to mark the first visit of an Indian premier to the Jewish nation.
- Israeli Crysanthumun flower will now be called “MODI”, officials said.
Defence & Railway News
India successfully test-fired its indigenously developed nuclear capable long range ballistic missile Agni-5 with a strike range of 5,000 km from Dr Abdul Kalam Island off the Odisha coast.
- The surface-to-surface missile was launched with the help of a mobile launcher from launch pad-4 of the Integrated Test Range (ITR) at Dr Abdul Kalam Island in the Bay of Bengal at 9.48 am, defence officials said. This was the sixth trial of the state-of-the-art Agni-5
Union Railway Minister Piyush Goyal flagged off Humsafar Jodhpur Bandra Express at Bhagat Ki Kothi Railway Station in Rajasthan's Jodhpur.
- The Railway Minister also highlighted the doubling of 'road under-bridges' during the tenure of Prime Minister Narendra Modi-led government.
For the food delivery, Indian Railways (IRCTC) has roped in Trapigo which provides last mile logistics services for food products and other amenities such as medicines, travel, kits, handicrafts etc.
- Trapigo is unique as it has specialized the technology to deliver articles to the travelling customers (moving on trains) apart from the usual static ones, says the start up on its website.
Schemes / Programme
To prevent death of newborns due to lack of medical emergency facilities in health centres, the Gujarat government has decided to launch a dedicated ambulance service toshift critically ill infants to better equipped hospitals.
- Under the 'Neonatal ambulance service project for inter-hospital transfer', the government would deploy 10 specially-equipped ambulances across the state.
Awards & Honours: Sports
Kagiso Rabada Wins South Africa's Cricketer of the Year Award
- Kagiso Rabada, the world's number one Test bowler, was on Saturday named South Africa's Cricketer of the Year.
India's Sanjana Ramesh was awarded the 'Most Valuable Player' (MVP) even as compatriot Vaishnavi Yadav won the 'Girls Grit Award' on the fourth and final day of Basketball Without Borders Asia, which featured 66 campers from 16 countries from the Asia-Pacific region.
- The camp got underway with the girls championship game between the New York Liberty and the Minnesota Lynx. Coached on the sidelines by Ruth Riley and Sakshi Sheoran, the Lynx defeated the Liberty 20-13.
Noted Bengali litterateur Arabinda Guha, who is also known by his pseudonym Indramitra, passed away at a city nursing home today
- He was 89 and is survived by his wife, noted Rabindra Sangeet singer Purabi Guha, and a daughter.