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Weekly Current Affairs PDF June14 to June20, 2020

Current Affairs PDF- June20, 2020

National
India will serve as UNSC president for August 2021
 India will be serving as UNSC President for August 2021. India was earlier elected as the
non-permanent member of the 15-member United Nations Security Council. The UNSC
presidency is held for a month by each of its members in alphabetical order.
 For a two-year term beginning on January 1, 2021, India, Norway, Mexico, Ireland, and
Kenya were elected as a non-permanent member of the United Nations Security Council
(UNSC) on June 17, 2020.
 This will be the eight-time that India will sit at the council’s table. India was elected
previously for the years 1950-51, 1967-68, 1972-73, 1977-78, 1984-85, 1991-92 and
the most recent in 2011-12

Coal Ministry & FICCI Initiated e-Auction Process of 41 Coal blocks for
Commercial mining
 On the lines of the announcement made by Central government under the 20 Lakh crore
Aatma Nirbhar Bharat Abhiyan, on June 18, 2020, Prime Minister Narendra Modi has
launched the two stage electronic auction of 41 coal blocks for commercial mining
through video-conference.
 The commencement of the auction process of these blocks is likely to contribute Rs
20,000 crore revenues annually to the state governments. On the Central Government
front, it is expected to garner Rs 33,000 crore of capital investment over next five to
seven years.

Manipur Observes the 19th Great June Uprising Day

 The 19th Great June Uprising Day was observed on 18th June at Kekrupat, Manipur. The
day is being observed every year on 18 June to pay tribute and respect to 18 persons
who lost their lives in June, 2001 to protect the territorial integrity of Manipur.
 On the occasion, family members of the 18 martyrs and leaders of some organisations
paid floral tribute & respect to 18 persons at Kekrupat, Manipur.

Banking and Economy

ICICI Home Finance launches “SARAL” scheme for affordable house loan
 ICICI Home Finance Company Limited (HFC) has launched “SARAL” scheme for a special
affordable house loan for urban and rural areas.
 The beneficiaries are women, lower, middle-income customers and economically
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weaker sections, with a maximum household income up to Rs 6 lakh per annum.

Summits and Mou’s

MoHUA& SIDBI signs Mo/U for PM SVANidhi scheme
 Ministry of Housing & Urban Affairs has signed a Memorandum of Understanding (MoU)
with Small Industries Development Bank of India (SIDBI) for PM Street Vendor’s Atma
Nirbhar Nidhi (PM SVANidhi). PM SVANidhi is a Special Micro-Credit Facility for Street
Vendors.
 The credit guarantee to the lending institutions would also be managed by the SIDBI
through Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE).

Obituary
Veteran economist & FC memeber B.P.R. Vithal passes away
 Veteran economist and the member of 10th Finance Commission, B.P.R. Vithal passes
away. He was a former IAS officer of the 1950 batch.
 He also served as the Secretary, Finance and Planning, government of Andhra Pradesh,
from 1972 to 1982.

Sports
India to host 2022 AFC Women’s Asian Cup
 The All India Football Consideration (AIFF) will be hosting the Women’s Asian Cup
2022 of Asian Football Confederation (AFC). The decision was taken during the AFC
Women’s Football Committee. The Committee had recommended India to host the
tournament earlier in February 2020.
 It will be the first time for India to host the Women’s Asian Cup 2022 since 1979.

Days
World Refugee Day
 United Nations celebrates World Refugee Day globally on 20 June every year. The World
Refugee Day 2020 aims to remind the world that everyone, including refugees, are
capable in contributing towards society and Every Action Counts in the effort to create a
more just, inclusive, and equal world.
 The theme of World Refugee Day 2020 is “Every Action Counts”.

World Sickle Cell Day 2020

 Every year on June 19 the World Sickle Cell Awareness Day is observed to increase
public knowledge & understanding about sickle cell disease.The day also aims to put
forth the challenges faced by these patients, their families and caregivers.
 World Sickle Cell Day was 1st organised by the United Nation General Assembly in the
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year 2008 to recognise sickle cell disease as a public health problem.

Books and Authors

The Debut Novel of Megha Majumdar – “A Burning”
 The Penguin Hamish Hamilton released the “A Burning”, debut novel of Megha
Majumdar. The 32-year-old New York’s writer who was born and raised in Kolkata.The
book was published on 2nd June 2020 by Knopf Doubleday publishing Group.
 The book is about the lives of three characters, Tommy Orange, YaaGyasi and Jhumpa
Lahiri who want to rise to the middle class, to political power, to gain fame in the film
industry and how their lives changed in Indian society.

Current Affairs PDF- June19, 2020

National
PM Modi to launch Garib Kalyan Rojgar Abhiyaan on 20 June
 “Garib Kalyan Rojgar Abhiyaan” will be launched by the Government of India from
Village Telihar, Block Beldaur of Khagaria District of Bihar. It is a massive rural public
works scheme that will empower and offer livelihood opportunities to the returnee
migrant workers as well as rural citizens.
 The programme will be joined by the villages across 116 districts in the six States
through the Common Service Centres and Krishi Vigyan Kendras. The six states are:
Uttar Pradesh, Madhya Pradesh, Rajasthan, Odisha, Jharkhand and Bihar.

Harsh Vardhan launched India’s 1st Mobile Lab

 Union Health Minister, Harsh Vardhan has launched India’s first mobile lab for C-19
testing. The Rapid Response Mobile Laboratory has been developed with the support
from the Department of Biotechnology, Ministry of Science and Technology and Andhra
Pradesh Med-tech Zone (AMTZ) under DBT-AMTZ COMManD ( Medtech Manufacturing
Development) Consortia.
 The mobile lab which is also called Infectious Disease Diagnostic Lab or I-Lab will be
able to run 25 RT-PCR and about 300 ELISA tests in a day. The lab can also take
additional tests for TB, HIV as per CGHS rates.

Two Indian Companies – Zest Money and Stell apps – Named in WEF’s
Technology Pioneers of 2020
 Two Indian firms namely Zest Money and Stell apps have figured in the 2020
Technology Pioneers list released by the World Economic Forum (WEF) on 16 June
2020.
 2020 Technology Pioneers is the 20th edition of the annual list and comprises the
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names of companies from around the world that are poised to have a significant impact
on business and society by addresing global issues with cutting-edge technology.
 Of the 100 companies in the 2020 class, one-fourth are led by female founders.

International
India elected as non-permanent member of UN Security Council for a two-year
term
 India has been elected as a non-permanent member of the United Nations Security
Council (UNSC) for a two-year term during the 2020 UNSC elections held on 17 June
2020.India’s two year term for the 2021-22 will begin on January 1, 2021.
 The country won 184 votes out of 192 valid votes polled in 193 member UN General
Assembly. India was the sole candidate from the Asia-Pacific category.
 This is the eighth time that India has been elected as a non-permanent member of the
Council. Its previous terms are 1950—1951, 1967—1968, 1972—1973, 1977—1978,
1984—1985, 1991—1992 and 2011—2012.
 Along with India, Ireland, Mexico and Norway were the other countries that also won
the 2020 Security Council election.

Banking and Economy

AIIB Approves $750 million loan to India
 Beijing-based Asian Infrastructure Investment Bank (AIIB) has approved USD 750
million as a loan to India to help government to strengthen its response to the effect of
the Chinese virus on millions of poor households.
 AIIB is co-financing the loan with the Asian Development Bank (ADB).This is the second
loan for India under AIIB’s C-19 Crisis Recovery Facility (CRF).Earlier, the bank had
provided USD 500 million C-19 emergency response to India.
 With this, AIIB’s total sovereign loans to India that have already been approved amount
to USD 3.06 billion.

Fitch revises India’s outlook to negative from stable

 Fitch Ratings has revised India’s long-term outlook to negative from stable, citing risks
due to continued acceleration in the number of new C-19 cases as the is eased gradually
in the country.
 The global credit rating agency has affirmed the country’s sovereign rating at ‘BBB-’, the
lowest investment grade.
 Fitch expects Indian economic to contract by 5% (-5 percent) in the fiscal year ending
March 2021 (FY21).

ADB Forecast India’s GDP at -4% for FY’21; 5% for FY’22

 India’s economy is forecast to contract by 4 percent in 2020-21, as per the latest Asian
Development Outlook (ADO) report of the Asian Development Bank released on 18 June
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2020, due to the adverse effect of the .

 For FY2021, ending March 2022, India’s GDP is projected to grow at 5%.
GDP for 2020-21 : -4%
GDP for 2021-22 : 5%

Appointments and Resignations

Turkish diplomat Volkan Bozkir Elected President of 75th UN General
Assembly
 Volkan Bozkır, a veteran Turkish diplomat and parliamentarian was elected as the
President of the 75th Session of the United Nations General Assembly on June 17. He
was the sole candidate for the post.
 Bozkır is the first Turkish national who has become the President of the General
Assembly.

Days
International Day for the Elimination of Sexual Violence in Conflict
 International Day for the Elimination of Sexual Violence in Conflict is observed globally
on 19th June every year.
 This day is seen to bring issues to light of the need to stop strife related sexual violence,
to honour the victims and survivors of sexual violence around the world and to pay
tribute to all or any those that have fearlessly dedicated their lives to and lost their lives
in going to bat for the annihilation of those violations.

Autistic Pride Day

 Every year, Autistic Pride Day is observed on June 18 globally to create awareness about
autism among people and recognise the importance of pride for autistic people and its
role in bringing about positive changes in the broader society.
 The day is represented by a rainbow infinity symbol which denotes the infinite
possibilities that autistic people have.
 Autistic Pride Day was first celebrated in Brazil in 2005, at the initiative of an
organisation named Aspies for Freedom.

Current Affairs PDF- June18, 2020

National
Uttar Pradesh becomes top state to provide employment to workers under
MGNREGA
 Uttar Pradesh has become the top most state in the country to provide employment to
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the workers under the Mahatma Gandhi National Rural Employment Guarantee Scheme
MGNREGA.
 According to the data released by officials, the state provided employment to 57 lakh
12975 workers on 15 June 2020. These workers are engaged across 56,981 panchayats
out of the total 58,000 panchayats in the state.
 Uttar Pradesh now accounts for 18 percent of the total workers employed under the
Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in the country
and has generated 7.93 crore man-days.

Sports Ministry to set up “Khelo India State Centres of Excellence”

 Under the Sports Ministry’s flagship programme “Khelo India Scheme“, the ministry is
going to set up Khelo India State Centres of Excellence (KISCE).
 To create a robust sporting ecosystem in the entire country, as well as to strengthen
India’s pursuit for excellence in Olympics, one KISCE will be identified in each state and
unionterritory (UT).
 In the first phase of setting up KISCE, sports ministry has identified state-owned sports
facilities in eight states of India. These states are: Arunachal Pradesh, Manipur,
Mizoram, Kerala, Telangana, Nagaland, Karnataka, and Odisha.

Trustees of PM CARES fund appoints SARC & Associates as its auditor

 The Trustees of the Prime Minister’s Citizens Assistance and Relief in Emergency
Situations (PM CARES) fund has appointed, New Delhi based Chartered Accountants,
SARC & Associates, as its auditors for the next three years.
 The SARC & Associates headed by Sunil Kumar Gupta is also the auditor of the PM’s
National Relief Fund(PMNRF) appointed in 2019.

AYUSH Ministry launches ‘Yoga at Home, Yoga with Family’ Campaign

 The AYUSH Ministry has launched 'Yoga at Home, Yoga with Family' campaign to mark
the International Yoga Day 2020.
 Under the campaign, the Ministry will encourage people to perform Yogasanas from
their homes, while maintaining social distancing and other restrictions imposed during
the C-19 .

Science and Technology

Scientists observe “Fifth State of Matter” for first time in space
 A team of NASA scientists has observed the fifth state of matter for the first time in
space. This observation will help scientists in solving some of the Bose-Einstein
Quantum universe’s difficult questions.
 The existence of Bose-Einstein condensates (BEC) fifth state of matter was projected by
Albert Einstein and Indian mathematician Satyendra Nath Bose a century ago.
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Obituary
Maharashtra based senior journalist & freedom fighter Dinu Randive passes
away at 95
 Senior journalist and freedom fighter from Maharashtra, Dinu Randive has passed away
due to old age. He was 95.
 Randive played a key role in the struggle movement called Samyukta Maharashtra
movement to carve out Maharashtra state. He also participated in the Goa liberation
movement.

Maha Vir Chakra Awardee Lt Gen Raj Mohan Vohra passes away
 MahaVir Chakra awardee Lt Gen (retd) Raj Mohan Vohra passed away due to C-19. He
was a 1971 war hero. Lt Gen Vohra had received the coveted award in 1972.
 The MahaVir Chakra is that the country’s second-highest gallantry award. It is awarded
for acts of conspicuous gallantry within the presence of the enemy whether on land, at
sea or in the air.

Days
Sustainable Gastronomy Day
 Sustainable Gastronomy Day is observed globally on 18th June every year. This day is
observed to acknowledge gastronomy as a cultural expression related to nature as well
as the cultural diversity of the world.
 It also reaffirms that each one culture and civilizations are contributors and crucial
enablers of sustainable development throughout the planet.
 The UN General Assembly adopted on 21 December 2016 its resolution A/RES/71/246
and designated 18 June as an international observance, Sustainable Gastronomy Day.

World Day to Combat Desertification and Drought

 World Day to Combat Desertification and Drought is observed on 17th June every year.
The day is observed to spread awareness among people about the cooperation required
to combat desertification and the effects of drought.
 The theme of World Day to Combat Desertification and Drought 2020: Food. Feed. Fibre.
– the links between consumption and land.

Others
New fish species discovered in Arunachal Pradesh
 A new fish species named as “Schizothoraxsikusirumensis” has been discovered in
Arunachal Pradesh. The new fish species was discovered by Dr. Keshav Kumar Jha. He
discovered a new fish species from genus Schizothorax.
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Current Affairs PDF- June17, 2020

National
Maharashtra signs MOUs worth Rs 16,100 crore with 12 global corporations
 Maharashtra government on June 15, 2020 signed Memorandum of Understanding
(MOUs) with 12 global corporations from China, US, South Korea, Singapore and India.
 Some of the prominent companies investing in Maharashtra include ExxonMobil, Great
Wall Motors Company, API Motors and United Phosphorus.
 The Memorandum of Understanding worth Rs 16,100 crore were signed for various
developmental projects in information technology, I-T enabled services, automobile, oil
and petroleum, chemicals, logistics and food processing sectors. Around 40,000-acre
land has been earmarked for these projects.

India along with 12 other Countries leads ‘#VERIFIED’ initiative at UN

 India and 12 other countries have come together to lead United Nations initiative
‘#VERIFIED’, which aims to counter misinformation by spreading fact-based content.
 The other countries are Australia, Chile, France, Georgia, India, Indonesia, Latvia,
Lebanon, Mauritius, Mexico, Norway, Senegal and South Africa.
 Apart from these 13 nations, 132 other nations are endorsing the global call to fight the
“infodemic” or manipulated information relating to the C-19 .
 Led by the UN Department for Global Communications (DGC),’Verified’ will provide
information around three themes:
1. science — to save lives
2. solidarity — to promote local and global cooperation
3. solutions — to advocate for support to impacted populations

India becomes founding member of Global Partnership for Artificial

Intelligence
 India has become the Founding Member of the Global Partnership for Artificial
Intelligence (GPAI), a global multi-stakeholder initiative. The initiative guides the
development and use of Artificial Intelligence which is grounded in diversity, human
rights, innovation and economic growth.
 The initiative will also work towards facing challenges around the Artificial Intelligence
(AI).
 GPAI was launched by a group of leading economies namely UK, EU, Australia, Canada,
France, Germany, Republic of Korea, Singapore, Italy, Japan, USA, Mexico, New Zealand
and India.
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Awards
Anmol Narang becomes 1st observant Sikh to graduate from US Military
Academy
 Anmol Narang has made history by becoming the 1st observant Sikh to graduate from
the distinguished United States (US) Military Academy at West Point. She was among
about 1,100 cadets who graduated at the premier institution’s campus in New York with
the rank of 2nd lieutenant.
 She is hopeful that her efforts to represent her religion and community will encourage
Americans to find out more about Sikhism. She was born and raised in Roswell, Georgia.

Obituary
Uttarakhand folk singer Heera Singh Rana passes away
 Noted folk singer of Uttarakhand, Heera Singh Rana passed away. He was born in 1942
in Manila Dandholi village of Almora. He visited Kolkata with a scholarship to review
music.
 Recently he was appointed vice-chairman of Garhwal, Kumaoni and Jaunsari Academy
by the govt of Delhi.

Ranking
IMD’s World Competitiveness Index ranks India at 43rd; Singapore tops the
list
 An annual World Competitiveness Index compiled by Institute for Management
Development (IMD) has ranked India at the 43rd position.
 Singapore has successfully retained the top position on the 63rd nation list. Denmark
has moved up to the 2nd position, it was 8th last year. Switzerland has ranked 3rd while
Netherland has retained its 4th place. Hing Kong has secured the 5th place, it was 2nd in
2019.
 India has ranked 41st on the IMD World Competitiveness Ranking every year since
1989. It slipped to 45th in 2017 but improved to 44th in 2018 and then to 43rd in 2019.
The ranking is produced by the business school based in Switzerland and Singapore.

India 9th largest FDI recipient in 2019: UN

 India received USD 51 billion in foreign investment in 2019, stated the UN Conference
on Trade and Development (UNCTAD) in its report. India was among the top five FDI
recipient economies in the developing Asia region and the largest in South Asia.
 The report revealed that India was the world's ninth-largest recipient of Foreign Direct
Investments (FDI) and it said that the nation’s large market will continue to attract
market-seeking investments.
 The foreign direct investment in India has increased by 20 percent, sustaining the
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country's upward FDI trend. Most of the investments were in information and
communication technology and the construction industry.

Days
World Elder Abuse Awareness Day
 World Elder Abuse Awareness Day (WEAAD) is marked every year on 15 June to
promote a better understanding of abuse and neglect of older persons by raising
awareness of the cultural, social, economic, and demographic processes affecting elder
abuse and neglect.
 The theme in 2020 for WEAAD is “Lifting Up Voices”.

Global Wind Day

 Every year the Global Wind Day is celebrated worldwide on 15 June to spread
awareness about wind energy, the various uses of wind energy, and the ways and
possibilities as to how wind energy can help change the world.
 2020 marks the 13th year of Global Wind Day.

Current Affairs PDF- June16, 2020

National
Centre Launches ”Aarogyapath” Healthcare Supply Chain Portal
 The Council of Scientific and Industrial Research (CSIR) has launched a healthcare
supply chain portal named ”Aarogyapath”, to provide real-time availability of critical
healthcare supplies to manufacturers, suppliers and customers.
 The portal AarogyaPath can be accessed at https://www.aarogyapath.in.
 The initiative aims at filling a critical gap in last-mile delivery of patient care within
India through improved availability and affordability of healthcare supplies.

India gets first diagnostics lab for infectious diseases

 India has got its first infectious disease diagnostics lab as a part of PM Narendra Modi’s
‘Atmanirbhar Bharat Abhiyaan’. This mobile laboratory has been built in a record time
of only 8 days after the receipt of Automotive Chassis from Bharat Benz.
 The Department of Bio-Technology has supported the development of this lab.

PepsiCo to invest USD 3 million for safe water access

 PepsiCo Foundation announced on June 15, 2020 that it will invest USD 3 million to
provide safe water access to agricultural communities and help women in high water-
risk areas in West Bengal and Maharashtra in association with Water Aid.
 The safe water access programme will provide around 2 lakh farmers and their families
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access to piped water supply for household use and increased water resources. It will
also help establish community-managed water distribution systems in these
communities.
 This decision is a part of PepsiCo Foundation's new goal of reaching 100 million people
with safe water access worldwide by 2030. The foundation has helped more than 44
million people gain access to safe water since 2006.

International
Kathy Lueders becomes first female to head Human Space Flight Program of
NASA
 Kathy Lueders has been appointed as the new Associate Administrator of Human
Exploration and Operations (HEO) Mission Directorate. With this, she becomes the first
female to head the human space flight program of NASA.
 Lueders has been assisting NASA in sending astronauts to space since 2014 on private
spacecraft.

Banking and Economy

Bank of Baroda to completely digitise lending operations
 Bank of Baroda, India’s third-largest lender has decided to completely digitise it’s
lending operations including agriculture, home, MSME, auto and personal loans.
 The bank is looking to completely do away with paper-based lending. It has reached out
to the big four consultants like McKinsey and Boston Consulting Group to help set up a
“digital lending department”.
 The approval and disbursal of fresh loans will now happen through the new digital
platform while past loans will also be digitised to cut costs and improve profitability.
The bank is planning to set up its digital department within two months.

Obituary
India’s oldest first-class cricketer Vasant Raiji passes away at 100
 Vasant Raiji, the oldest first-class cricketer of India has recently passed away. He was
100-year-old.
 The legendary cricketer Vasant Raiji celebrated his 100th birthday on 26 January 2020.
 Raiji, a right-handed batsman, played in 9 first-class matches from 1939 to 1950,
scoring 277 runs with 68 being his highest score.

Former New Zealand cricketer Matt Poore passes away

 Former New Zealand Test cricketer, Matt Poore passed away. He was featured in 14
Tests for New Zealand, scoring 355 runs and picking up nine wickets between 1953-
1956.
 He also played 61 Tests for Canterbury and scored 2,336 runs and ended up with 68
wickets.
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Days
International Day of Family Remittances
 International Day of Family Remittances is observed on 16th June every year. The day
recognizes the contribution of over 200 million migrants to improve the lives of their
800 million family members back home and to create a future of hope for their children.
 This year International Day of Family Remittances is celebrated under the theme:
“Building resilience in times of crisis” .

World Blood Donor Day

 World Blood Donor Day is marked by the World Health Organization (WHO) all around
the world on every 14 June to create awareness about the need for safe blood and blood
products and to thank blood donors for their voluntary, life-saving gifts of blood.
 The theme for the Blood donor day 2020 is ‘Safe Blood Saves Lives’. It would be
promoted with the slogan ‘Give blood and make the world a healthier place.’

Current Affairs PDF- June15, 2020

National
CM Uddhav Thackray and Dr Harshvardhan e-launched ‘I-FLOWS’ a flood
warning system in Mumbai
 The Chief Minister of Maharashtra, Uddhav Thackeray and Union Earth science Minister
Dr Harsh Vardhan jointly launched the state-of-the-art Integrated Flood Warning
System (I-FLOWS) – Mumbai
 The system monitors the flood activities by providing early warning in the city during
high rainfall and cyclone events by as early as 3 days in advance.
 It was developed by Meteorological Department (IMD) and Indian Institute of Tropical
Meteorology (IITM) functioning under the Ministry of Earth Sciences (MoES).

International
Facebook joins hand with tech-giants, including Google and Microsoft for
‘Project Protect’ to fight online child sexual abuse
 Facebook has joined hands with Microsoft, Google, Twitter and 14 other tech giants for
a new initiative called ‘Project Protect’ to help combat child sexual abuse and
exploitation online. Facebook will lead this initiative.
 These tech giants have been working together under Technology Coalition since past 14
years, since its formation way back in 2006.Project Protect is a renewed commitment
from the Technology Coalition for the next 15 years to protect kids online and guide its
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work.
 Project Protect will focus on five key areas: tech innovation, collective action,
independent research, information and knowledge sharing, and transparency and
accountability.

Banking and Economy

India’s forex reserves cross $500 billion-mark’
 India’s forex reserves have now crossed the $ 500 billion mark, according to the data
released by the Reserve Bank of India (RBI).
 The reserves rose to $ 501.7 billion, marking an increase of $ 8.22 billion in a week.
Reserves had surged $3.43 billion to a fresh all-time high of $493.48 billion in the week-
ended May 29.

Obituary
Bollywood actor Sushant Singh Rajput passes away
 Bollywood Actor Sushant Singh Rajput passed away. He made his Bollywood debut with
the 2013 movie “Kai Po Che!” and was renowned for his role in the 2016 hit MS Dhoni:
The Untold Story. He earned massive fame with a TV show “Pavitra Rishta” and made a
successful transition to films.The actor delivered major hit films such as 'PK' and
'Kedarnath'. His biggest hit was 'MS Dhoni: The Untold Story', a film based on the life of
former Indian skipper MS Dhoni.
 His upcoming project included Mukesh Chhabra's 'Dil Bechara' opposite Sanjana Sanghi.
The film is an official remake of the Hollywood film 'The Fault in Our Stars'. Sushant
Singh Rajput's last release was Nitesh Tiwari's Chhichhore, which released in
September 2019.

Appointments and Resignations

UTI mutual funds appoint Imtaiyazur Rahman as CEO
 UTI Asset Management Board appointed Imtaiyazur Rahman as Chief Executive Officer
(CEO ) of the UTI Asset Management Committee (AMC)
• He will succeed Leo Puri whose 5-year tenure was over in August 2018.

Current Affairs PDF- June14, 2020

National
Union Agriculture Minister Narendra Singh Tomar launches ‘Sahakar Mitra’
 The Union Minister for Agriculture & Farmers’ Welfare Shri Narendra Singh Tomar
launched Sahakar Mitra: Scheme on Internship Programme (SIP) to provide paid
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internship to youth and ensure availability of assured project loans to young

cooperators.
 This scheme is an initiative by the National Cooperative Development Corporation
(NCDC), under the Ministry of Agriculture & Farmers’ Welfare.
 Sahakar Mitra: SIP scheme will provide an opportunity to the young professionals to get
practical exposure and learning from the working of NCDC and cooperatives as a paid
intern. Under the scheme, each intern will get financial support over a 4 months
internship period.

Odisha becomes 1st state to get ISO for tribal hostels

 Odisha has become the first state in the country to receive ISO certification for hostels
meant for tribal students. The ST & SC Welfare Department has launched the ‘Mission
Suvidya’ project to provide all the tribal hostels of the state uniform standards of
infrastructure, amenities and human resources.
 Mission Suvidya has launched in December 2019, it aims to improve the quality of basic
facilities in the SC (Scheduled Castes) and ST (Scheduled Tribes) hostels like safe
building, functional toilets, safe drinking water, proper kitchen and dining, safety,
security, health, hygiene and food provisions for students.

International
UK’s economy shrinks by record 20.4 percent in April
 The United Kingdom’s economy shrank by record 20.4 percent in April, amid strict ,
revealed official data on June 12, 2020.
 The record slump in the economy is likely to be the low point before a long and slow
recovery, as Britain readies to open up its economy.
 The Office of National Statistics stated that the gross domestic product of Britain
contracted by 10.4 percent in the three-month period till April in comparison to the
previous three-month period.

Banking and Economy

RBI constitutes Internal Working Group to review ownership, corporate
structure of Indian private sector banks
 The Reserve Bank of India (RBI) has constituted a five-member Internal Working Group
(IWG) to review the extant guidelines related to ownership, governance and corporate
structure of private sector banks.
 The committee will be headed by Dr. Prasanna Kumar Mohanty, Director, Central Board
of RBI. It will submit its report by 30 September, 2020.
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Obituary
Manchester United Legend, Tony Dunne, Passes Away
 The former Republic of Ireland international footballer, Tony Dunne, has passed away.
He was 78.
 He played for Manchester United for 13 years in which he made 535 appearances.
 He played as defender for Manchester United’s European Cup-winning team in
1968, becoming the first English side to lift the continent’s most-prestigious
trophy.