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Daily Current affairs - June 1st and 2nd, 2018 for all competitive exams


June 1 - World Milk Day 2018
World Milk Day has been observed on June 1 each year since 2001.
  • Theme: Drink Move Be Strong
  • World Milk Day is a day established by the Food and Agriculture Organization (FAO) of the United Nations to recognize the importance of milk as a global food. The day is intended to provide an opportunity to bring attention to activities that are connected with the dairy sector.


Indian economy grows 7.7% in 4th Quarter: Central statistics data
Indian economy grew 7.7% in the fourth quarter of 2017-18. The GDP had expanded 5.6%, 6.3% and 7%, in the first three quarters of 2017-18, according to the data released by Central Statistics Office.
  • As per the Data, robust performance in manufacturing, construction and service sectors, as well as good farm output, contributed to the overall growth. 


Government launches new scheme ‘Seva Bhoj Yojna’
Ministry of Culture, Government of India has introduced a new scheme namely ‘Seva Bhoj Yojna’ with a total outlay of Rs. 325.00 Crores for Financial Years 2018-19 and 2019-20.
  • The scheme envisages to reimburse the Central Government share of Central Goods and Services Tax (CGST) and Integrated Goods and Service Tax (IGST)so as to lessen the financial burden of such Charitable Religious Institutions who provide Food/Prasad/Langar (Community Kitchen)/Bhandara free of cost without any discrimination to Public/Devotees.
  • The scheme has been launched for financial years 2018-19 and 2019-20 with a total outlay of Rs. 325.00 crores.


Income Tax Department launches New benami transactions informants reward scheme
Income Tax Department has issued a new reward scheme titled “Benami Transactions Informants Reward Scheme, 2018” to seek people’s participation in the Income Tax Department’s efforts to unearth black money and to reduce tax evasion.
  • The scheme is aimed at encouraging people to give information about benami transactions and properties as well as income earned on such properties by such hidden investors and beneficial owners.
  • Under the Benami Transactions Informants Reward Scheme, 2018, a person can get reward up to Rs. One crore for giving specific information in prescribed manner to the Joint or Additional Commissioners of Benami Prohibition Units (BPUs) in Investigation Directorates of Income Tax Department about benami transactions and properties as well as proceeds from such properties which are actionable under Benami Property Transactions Act, 1988, as amended by Benami Transactions (Prohibition) Amendment Act, 2016.
  • Foreigners will also be eligible for such reward. Identity of the persons giving information will not be disclosed and strict confidentiality shall be maintained.


Maneka Gandhi laid foundation of India's 1st advanced DNA forensic lab
Union Minister for Women and Child Development Maneka Gandhi laid the foundation stone of India's first advanced DNA forensic laboratory in Chandigarh as part efforts to reduce the backlog of cases needing advanced forensic analysis.
  • Built at a cost of Rs 99.76 crore from the Nirbhaya Fund, the state-of-the-art 'Sakhi Suraksha' lab, will come up at the Central Forensic Science Laboratory campus to assist in investigation and prosecution of crimes including those committed against women and children.


Home Minister launched Online analytical tool to monitor foreign contributions under FCRA
Union Home Minister Rajnath Singh launched an Online Analytical Tool to facilitate closer monitoring of the flow and utilisation of foreign contributions received by various organisations registered or permitted under the Foreign Contribution (Regulation) Act (FCRA), 2010.
  • This web-based tool enables decision-makers in various Departments of Government to scrutinise source of foreign funds and their actual use in India. 
  • It gives them capacity to take data-driven and evidence-based decisions regarding the compliance of the provisions of the FCRA, 2010. It has analytical features to conduct big data mining and data exploration. Its dashboard will be integrated with the bank accounts of the FCRA-registered entities through the Public Financial Management System for updation of transactional data on a real-time basis.


Facebook ties-up with National Women Commission to launch Digital literacy programme
Social networking giant Facebook partnered with the National Commission for Women (NCW) to launch a Digital Literacy Programme (DLP). 
  • The DLP will be launched in collaboration with the Cyber Peace Foundation (CPF).
Cyber Peace Foundation is a Ranchi, Jharkhand-based civil society organisation involved in training related to all aspects of cybersecurity.
NCW is a statutory body established under the National Commission for Women Act, 1990. It was established in January 1992 to review the constitutional and legal safeguards for women.


Ordinance to set up country’s 1st National Sports university gets President’s assent
President Ram Nath Kovind has given his assent to an ordinance to set up the country’s first national sports university in Manipur. 
  • The Union Cabinet had approved an ordinance in May 2018 in this regard.
  • National Sports University Ordinance, 2018 will be on the lines of the National Sports University Bill, 2017 which was introduced in Lok Sabha in 2017.


Andhra Pradesh nod for unemployment allowance
Andhra Pradesh government has decided to pay Rs 1,000 a month as unemployment allowance to eligible youth.
  • Approximately, 10 lakh graduates/diploma holders will benefit, IT Minister Nara Lokesh said. A final decision would be taken after eliciting suggestions from the youth.


Andhra Pradesh gets its own symbols
Neem and black buck have been declared as the state tree and animal respectively of Andhra Pradesh.
  • The rose-ringed parakeet will be the state bird while jasmine will be the state flower. 
  • The announcement was made by the Principal Secretary of Environment and Forests G Anantha Ramu.


PM Modi 3-nation visit: launches International Rupay Card, Bhim app and UPI in Singapore
Prime Minister Narendra Modi launched three Indian digital payment systems - RuPay, BHIM app and UPI by SBI at the 'Business, Innovation and Community Event' in Singapore.
  • With the launch, India's RuPay digital payments system was linked up with Singapore's 33-year old Network for Electronic Transfers (NETS).
  • The move will enable RuPay users to make payments at all of NETS acceptance points across Singapore. 


India, Singapore exchange 8 key agreements
PM Modi is in Singapore on the last leg of his 3 nation tour(Indonesia, Malaysia and Singapore), talks between Prime Ministers Narendra Modi and his counterpart Lee Hsien Loong led to the signing of 8 agreements between the two sides which covered areas as wide as military cooperation and connectivity.
  • The 8 key fields under which the agreements were exchanged are: Naval cooperation, Economic co-operation, Fintech, Cybersecurity, Nursing, Combating Narcotics smuggling & Human Trafficking, Personnel Management and Public Administration, MoU between the NITI Aayog and Singapore Cooperation Enterprise (SCE) on Cooperation in the Field of Planning.


India to go ahead with S-400 defence deal with Russia
India will push ahead with its deal to buy the S-400 air defence systems from Russia despite opposition from the US, defence ministry officials said on condition of anonymity.
  • According to them, the defence ministry will approach the apex Cabinet Committee on Security (CCS) for approval to purchase five units of Russian S-400 air defence systems.
  • They added that the ministry has received no instructions as of now to stall the contract in the wake of the US red-flagging the $5.5 billion deal.


India to send Sukhois and C-17 aircraft for multi-lateral ‘Pitch Black’ exercise in Australia
India will be dispatching four Sukhoi-30MKI fighter jets and a C-17 Globemaster-III strategic airlift aircraft to the country to participate in the multi-lateral “Pitch Black” air combat exercise.
  • This will be India’s first participation in the Black Pitch exercise by Australia once every two years.
  • The exercise, which will witness participation by over 100 aircraft, will take place at the Royal Australian Air Force bases at Tindal and Darwin from July 27 to August 17 this year.
Exercise Pitch Black is a biennial warfare exercise hosted by the Royal Australian Air Force (RAAF). The exercise is normally held in Northern Australia, primarily at RAAF Bases Darwin and Tindal. The aim of the exercise is to practice Offensive Counter Air (OCA) and Defensive Counter Air (DCA) combat, in a simulated war environment. It traditionally consists of a 'red team' and a 'blue team' based at separate locations, with one attacking the other.


US Pacific Command Renamed As Indo-Pacific Command
United States has renamed its oldest and largest military command, US Pacific Command, or PACOM, to Indo-Pacific Command, according to the US Defence Secretary Jim Mattis.
  • The decision has been taken in recognition of the growing importance of the Indian Ocean in US strategic thinking.
  • The Trump administration had also renamed Asia Pacific as Indo-Pacific and identified India as one bookend of the region.


China signs deals worth $390 bn with ‘Belt and Road’ countries
China has inked trade deals worth $390 billion with the countries participating in its ambitious Belt and Road Initiative.
  • The Belt and Road Initiative (BRI), a pet initiative of Chinese President Xi Jinping was proposed in 2013.
  • The BRI aims to build trade and infrastructure networks connecting economies around the globe along with the ancient Silk Route.


Denmark bans Burqa in public spaces
Danish Parliament has passed a law banning the Islamic full-face veil in public spaces, becoming the latest European country to do so.
  • Anyone who wears a garment that hides the face in public will be punished with a fine says the law, which was passed by 75 votes to 30.


Pakistan signs $1.5 billion defence deal with Turkey
Pakistan has signed a deal with Turkey for the purchase of 30 attack helicopters estimated to be worth about $1.5 billion.
  • The confirmation of the deal that had been in the pipeline for more than three years was made in the manifesto released by Turkey.
  • This will also be the largest defence deal between Turkey and Pakistan, which has turned to countries such as Russia for military hardware following sharp cuts in military aid from the US.


Tata Motors signs MoU with Maharashtra to promote e-Mobility
Tata Motors (India's largest automobile company by revenues) signed a MoU with the State Government of Maharashtra for deployment of 1000 Electric Vehicles (EV) across its range of passenger and commercial vehicles in the State.
  • The company also partnered Tata group company, Tata Power Ltd to set up of EV Charging Stations in the State.


PayPal joins Temasek in $125 million round for Pine Labs
PayPal has made its maiden investment in India with a bet on point-of-sale (PoS) payments provider Pine Labs as part of a $125-million funding round in the company.
  • Singapore government’s sovereign wealth fund Temasek has jointly led the financing.
  • The payments firm had raised $82 million (around Rs 530 crore) in March, led by emerging markets investor Actis.


Nirmala Sitharaman inaugurated 1st IAF commanders conference
The First biannual Indian Air Force Commanders’ Conference was inaugurated by Defence Minister Nirmala Sitharaman at Air Headquarters in New Delhi.
  • The Exercise ‘Gagan Shakti’ was mentioned as the landmark exercise for IAF. The two-day conference discussed operational, maintenance and administrative takeaways identified during the Exercise and the way ahead.
  • Minister of State for Defence Dr Subhash Bhamre, Air Chief Marshal BS Dhanoa were among those who were present at the conference.


India has been placed at 113th position in “End of Childhood Index 2018”
India has been placed at 113th position in the list of 175 countries in “End of Childhood Index 2018” indexed by global child rights group, Save the Children.
  • The child marriages in India have come down to 15.2% from 21.1% in 2017. India jumped three positions up from 116 last year with improvement in India’s overall score by 14 points from 754 to 768 on a scale of 1000.
  • More than half the world’s children – 1.2 billion – live in countries affected by widespread poverty, conflict and discrimination against girls, threatening their chance for a childhood.
  • Singapore and Slovenia are placed at the top sharing the first place in the index and Niger figures at the end of the list at 175.


Pakistan’s ex-chief justice to become the interim prime minister
Pakistan’s former chief justice Nasir-ul-Mulk is set to be sworn in as the caretaker prime minister for a period of two months.
  • It is only the third time in Pakistan’s history that the National Assembly finished its five year term.
  • Mulk will run the interim government from June 8 until the July 25 vote.


Giuseppe Conte sworn in as Italian PM to New Populist Government
Giuseppe Conte was sworn in as prime minister of Italy’s new populist government.
  • Conte, an academic and political novice, will head a government of ministers from the anti-establishment Five Star Movement (M5S) and the far-right League Party.
  • The 53-year-old was sworn in alongside his cabinet, which will see M5S leader Luigi Di Maio and League chief Matteo Salvini in key ministerial posts. 


Fortis board appoints Ravi Rajagopal as chairman
Fortis Healthcare has appointed Ravi Rajagopal as the chairman of the company’s board with immediate effect.
  • Rajagopal (63), a chartered accountant, is currently a non-executive independent director on the Fortis board.
  • Rajagopal, in his 35 year-long careers, has worked in various entities like ITC, Ranbaxy Laboratories and Diageo.


Amitabh Bachchan has become the face of Central Railways` anti-trespassing campaign
Veteran actor Amitabh Bachchan has become the face of Central Railways` anti-trespassing campaign. T
  • respassing on railway tracks is a major cause of deaths on Mumbai suburban rail network.
  • Central Railway has launched an initiative `Ek Safar Rail Ke Saath`, where celebrities will share their experience about Indian Railways and their journey in a short film.


Amit Khare assumes charge as I&B secretary
An IAS office Amit Khare assumed charge as Secretary in the Ministry of Information & Broadcasting on superannuation of Narendra Kumar Sinha.
  • Prior to his appointment, Mr Khare was Additional Chief Secretary, Government of Jharkhand.


Vijay Mallya resigns as Force India F1 director
Co-owner Vijay Mallya has resigned as a director of the Force India Formula One team but will continue to serve as principal and shareholder.
  • Mallya, who lives in Britain, is fighting a court battle to prevent his extradition to India to face charges of fraud.
  • The 62-year-old Indian, who denies wrongdoing, stands accused of fraudulently palming off losses from his now defunct Kingfisher Airlines.


Indian Oil most profitable PSU for 2nd straight year
Indian Oil Corporationhas emerged as India’s most profitable state-owned company for the second consecutive year.
  • Indian Oil posted a record profit of Rs21,346 crore in 2017-18, followed by ONGC, whose profit stood at Rs19,945 crore.


Kerala cartoonist Thomas Antony wins International award
Kerala cartoonist Thomas Antonyhas won an international award, in the best caricature category.
  • Antony is among the nine winners at the 13th edition of the World Press Cartoon awards, instituted by an organisation based in Lisbon, Portugal.


Kendrick Lamar receives Pulitzer Prize in Music
Kendrick Lamar received the Pulitzer Prize in music for his album “Damn.”  Lamar is the first rapper in history to be given the award.
  • Previous recipients included Bob Dylan, Hank Williams and Duke Ellington. Lamar had received this award at Columbia University.


Kailash Satyarthi and ISRO Chief gets 'Santokbaa Humanitarian' award
President Ram Nath Kovind presented the 'Santokbaa Humanitarian Award' to Child rights activist and Noble Laureate Kailash Satyarthi and space scientist A S Kiran Kumar, Chairman of Indian Space Research Organisation (ISRO) in Surat, Gujarat.
  • The award was instituted by Shree Ramkrishna Knowledge Foundation (SRKKF) and led by diamond baron Govind Dholakia. 


FIFA lifts suspension on Guatemala
FIFA lifted a suspension imposed on Guatemala 18 months ago over its failure to comply with anti-corruption rules.
  • The suspension prevented Guatemalan teams from participating in international competitions such as the Gold Cup, the Central American Games and the CONCACAF Champions League.
  • FIFA sanctioned Guatemala in October 2016 after it failed to authorize the normalization committee after an international corruption scandal that rocked world football.

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