LIC AAO Mains 2019 Current Affairs Questions | 16th June

Akshaya Patra, a non-profit organisation, has been awarded the BBC World Service Global Champion Award. It runs one of the world’s largest school meals project in India.

Mortgage lender HDFC has sold over 4.22% stake in subsidiary Gruh Finance Ltd (Gruh), which is proposed to be amalgamated with Bandhan Bank for Rs. 899.43 crore. Post the completion of the aforesaid sale of shares, Gruh would cease to be a subsidiary of the Corporation. Gruh is engaged in the business of providing home loans and is registered with the National Housing Bank as a housing finance company.

The Intersessional meeting of Kimberley Process (KP) will be hosted by India from 17th to 21st June 2019 in Mumbai. Beside this, two special forums regarding Diamond Terminology and Artisanal Mining – Small Steps to Larger Outcomes, will be held during the Intersessional.

After nearly 16 years of exploring the cosmos in infrared light, NASA's Spitzer Space Telescope will be switched off permanently on Jan. 30, 2020.

Based on the recommendations of the Committee on Currency Movement (CCM), the Reserve Bank have directed banks to ensure their ATMs are grouted to a wall, pillar, or floor by September-end, except those installed in high secured premises such as airports, to enhance security of the cash vending machines. The committee to review the entire gamut of security of treasure in transit is chaired by Shri D.K. Mohanty.

India's largest and fastest growing consumer lending technology company ZestMoney, partnered with Digit Insurance to offer EMI insurance to the company's five million customers. The policy will cover EMI cost in the event of hospitalization, death or permanent disability. The insurance product is specifically designed for ZestMoney's customers which can be availed while applying for a loan on the digital platform.

The Information and Broadcasting Ministry directed all satellite TV channels to display the cast, credits and titles of Hindi and regional language serials that they broadcast in the respective languages too. These orders were being issued for cinema too to promote Indian languages. Union Minister of Information and Broadcasting: Prakash Javadekar.

The Sahitya Akademi announced name of 22 winners for Bal Sahitya Puraskar and 23 winners for Yuva Puraskar. The winners of both the awards will receive a casket containing an engraved copper plaque and a cheque of Rs 50,000.

India’s trade deficit expanded to a six-month high of $15.4 billion in May, with import growth outpacing export growth. According to data released by the commerce ministry, exports grew 3.93% in May, while imports rose 4.31%. Commerce Minister of India: Piyush Goyal

The Indian football team remained static at 101st place in the FIFA rankings. India had finished third in the King’s Cup in Thailand. The Indian team is at 18th spot among the Asian countries led by Iran (20th), Japan (28), Korea (37), Australia (43) and Qatar (55) form the top five in Asia.