Current Affairs 18th June 2019 | Daily GK Update

i. The second edition of World Food India to be held from 1st to 4th November 2019 in New Delhi, which will position India as Food Processing Destination of the World. 
ii. The tagline of the event will be “Forging Partnerships for Growth”.

Important Takeaways for IBPS RRB/ RRB NTPC Exams:

i. Facebook has announced a digital currency called Libra that will allow its billions of users to make financial transactions across the globe.

ii. Libra is being touted as a means to connect people who do not have access to traditional banking platforms. Technology to make transactions with Libra will be available as a standalone app as well as on WhatsApp and Facebook Messenger platforms as early as 2020.

i. In its latest Global Economic Outlook, the global rating agency Fitch lowers India’s growth forecast from 6.8% to 6.6% for the current fiscal, as manufacturing and agriculture sectors showed signs of slowing down over the past year.

ii. Fitch also retained its GDP growth forecast for the next fiscal (2020-21) at 7.1% and 7.0% for 2021-22.

i. Dr. Rabi N. Mishra has been elevated from principal chief general manager to Executive Director in the Reserve Bank of India. 

ii. Mishra’s portfolio now includes non-banking and Co-op bank supervision as well as the College of Supervisors. Current strength of Executive directors in RBI is 12.

Important Takeaways for IBPS RRB/ RRB NTPC Exams:

i. Pakistan has appointed Lieutenant General Faiz Hameed as the new Director General of the Inter-Services Intelligence (ISI). 
ii. He was previously serving as the head of the Counter Intelligence wing in the ISI. Lieutenant General Faiz Hameed replaced Lieutenant Gen Asim Munir.

i. Autistic Pride Day is being observed on 18th June every year. Autistic pride recognizes the importance of pride for autistics and understands it not as a disease but as a difference. 

ii. Autistic Pride Day was initiated by Aspies For Freedom, a group that raises public awareness about autism rights.

7. Sustainable Gastronomy Day: 18 June

Ranks and Reports

i. Randstad rates Amazon India as country’s most attractive employer brand. Microsoft India emerged as the runner-up.

Important Takeaways for IBPS RRB/ RRB NTPC Exams:

9. Gary Woodland won the 119th US Open

i. Gary Woodland won the 119th US Open, capturing his first Major title after defeating two-time defending champion Brook Koepka.

Important Takeaways for IBPS RRB/ RRB NTPC Exams:

Obituaries

i. Former Egyptian President and a top figure in the Muslim Brotherhood, Mohamed Morsy passed away. 

ii. He served as Egyptian President from 30 June 2012 – 3 July 2013.