Current Affairs 21st June 2019

Dear Aspirants,

The General Awareness Section plays an important role in scoring well above cut off marks in any competitive exam. The Banking Awareness and Static Awareness questions asked in the General Awareness Section are based on Current Affairs mainly. So you need to prepare well this section to score good marks. Here is the Daily GK Update to get you acquainted with the top events that made the headlines today!

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National News

1. 35000 km of highways to be built by 2022 under Bharatmala

Current Affairs 21st June 2019 | Daily GK Update |_3.1

i. According to the President of India, construction or upgradation of about 35,000 kilometres of national highways are to be undertaken by 2022 under the ‘Bharatmala Project’.

ii. Also under the ‘Sagarmala Project’, a network of good quality roads are to be constructed in coastal areas and areas adjoining ports.

2. IIIDEM (ECI) Orgnises Capacity Building Program On ‘Electoral Technology’

Current Affairs 21st June 2019 | Daily GK Update |_4.1

i. The India International Institute of Democracy and Election Management (IIIDEM) (ECI) organized five-day training programme on Use of Technology in Elections for Election Officials of Union Election Commission of Myanmar.

ii. The Capacity Building Programs on Electoral technology is the 7th program in the series of the 09 programs scheduled across 2018-2019.

Business News

3. 249 startups were given financial support with FFS: DPIIT

Current Affairs 21st June 2019 | Daily GK Update |_5.1

i. According to Department for Promotion of Industry and Internal Trade, Fund of Funds for Startups have provided financial support to 249 startups in last 3 years.
ii. The DPIIT is the monitoring agency and Small Industries Development Bank of India is the operating agency for FFS.
iii. FFS contributes to the corpus of SEBI registered Alternative Investment Funds (AIFs).
iv. The AIFs in turn have to invest at least twice the contribution under FFS in startups.

Static/Current Takeaways Important For ESIC/EPFO Mains:

Managing Director of SIDBI: Mohammad Mustafa.
Headquarters of SIDBI: Lucknow.

4. Group of Secretaries constituted on e-Commerce

Current Affairs 21st June 2019 | Daily GK Update |_6.1

i. A Standing Group of Secretaries (GoS) has been constituted on e-Commerce by Ministry of Commerce and Industry.
ii. GoS under the Chairmanship of Secretary, Department for Promotion of Industry and Internal Trade (DPIIT) is constituted to ensure inter-ministerial/inter-departmental coordination on resolving issues, cutting across Ministries and Departments of Government of India in e-Commerce.

Static/Current Takeaways Important For RRB NTPC/IBPS RRB Mains:

Union Minister of Commerce and Industry: Piyush Goyal.
Secretary of DPIIT: Ramesh Abhishek.

5. Tech Mahindra signs contract with Airbus

Current Affairs 21st June 2019 | Daily GK Update |_7.1

i. IT firm Tech Mahindra has signed a multi-year contract with Airbus for cabin and cargo design engineering.
ii. The contract aims to capitalise on the specialised skills and competencies in the growing cabin engineering business over the next few years.

Static/Current Takeaways Important For ESIC/EPFO Mains:

Chief Executive Officer Airbus: Guillaume Faury.
MD and Chief Executive Officer of Tech Mahindra: CP Gurnani.

6. SEBI sets up panel to review margins on derivatives

Current Affairs 21st June 2019 | Daily GK Update |_8.1

i. NSE Clearing Ltd. will head the panel set up by SEBI to review margins on derivatives. The panel will submit its recommendations to the Secondary Market Advisory Committee.
ii. These margins on the derivatives segment are pushing up the cost of trading while not managing risk in the most efficient manner.

Static/Current Takeaways Important For LIC AAO/ADO Mains:

Chairman of NSE Clearing Ltd.: Mr. Harun R Khan.
SEBI Headquarter: Mumbai, Chairperson: Ajay Tyagi.

Banking News

7. CCI approves Indiabulls Housing Finance and Lakshmi Vilas Bank merger

Current Affairs 21st June 2019 | Daily GK Update |_9.1

i. Competition Commission of India (CCI) has approved the merger of the Indiabulls Housing Finance and Lakshmi Vilas Bank.

ii. Lakshmi Vilas Bank is going to merge with Indiabulls Housing Finance in a share swap deal with intent to create a combined entity with a larger capital base and wider geographical reach.

iii. After the merger, Indiabulls Housing Finance will get access to low cost deposits, geographical diversification and expanded client base and cross selling opportunities.

Static/Current Takeaways Important For ESIC/EPFO Mains:

MD & CEO of Lakshmi Vilas Bank: Parthasarathi Mukherjee.

Appointments

8. World Archery appoints Bindra to sort AAI trouble

Current Affairs 21st June 2019 | Daily GK Update |_10.1

i. World Archery appointed Abhinav Bindra as an independent person to sort out the ongoing mess in the Archery Association of India (AAI).

ii. AAI violated the constitution by unanimously electing two parallel bodies in Chandigarh and New Delhi.

Important Days

9. International Day of Yoga: 21 June

i. The International Day of Yoga is being observed on 21st June every year.

ii. The International Day of Yoga aims to raise awareness worldwide of the many benefits of practicing yoga. This is the 5th Edition of International Day of Yoga.

iii. Theme: Yoga for Climate Action

Static/Current Takeaways Important For SBI PO/Clerk Mains:

On 11 December 2014, the United Nations proclaimed 21 June as the International Day of Yoga.

10. World Music Day: 21 June

Current Affairs 21st June 2019 | Daily GK Update |_12.1

i. World Music Day is observed every year on June 21.

ii. Each year there are events in over 120 countries and 700 cities around the world, not including France where there were too many events to count.

iii. The event is also known as Fête de la Musique (or World Music Day) and was originated in France in 1982.

Sports News

11. Bronze for India in the 58th Ostrava Golden Spike Athletics meet

Current Affairs 21st June 2019 | Daily GK Update |_13.1