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Current Affairs Of June 16












We bring you the complete and important daily Current Affairs of  April 2020 Quiz to achieve more marks in Banking, InsuranceUPSCSSC, CLAT, Railways and all other competitive Exams. We prepare it based on our daily current affairs.Hope you like it.Current Affairs of March 2020 with Latest Current affairs March 2020 PDF for preparation of Bank Exam – PO & clerk, SSC, Railways & Insurance. Our Current Affairs of April 2020 PDF covers various sections like National March Current Affairs 2020, business & economy, Indian and International affairs 2020, defense, environment current affairs, persons and many for competitive exams preparing aspirants.



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INTERNATIONAL AFFAIRS

India with 12 Countries Leads “Verified” Initiative of United Nations to Counter Misinformation on COVID-19
India with 12 other countries lead the “Verified” initiative launched by the United Nations on 21st May 2020, to fight the spreading of misinformation about COVID-19 with fact-based accurate information.
The theme of “verified” is Science, Solidarity and Solution.


About United Nations:

Secretary General– António Guterres
Headquarters– New York, United States of America




BANKING & FINANCE

ICICI Bank launches ‘Insta Flexicash’ an Online OD facility for its salary account customers
ICICI Bank has launched ‘Insta Flexicash’, an online overdraft(od) facility for its pre approved salary account customers, by which these customers can get approval for OD instantly & in a paperless manner. 


About ICICI:

Headquarters– Mumbai, Maharashtra
Managing Director & CEO– Sandeep Bakhshi






RBI Proposes to Set Age Limit of CEOs, Whole-Time Directors of Banks to 70 Years

The Reserve Bank of India (RBI) in its Discussion Paper on ‘Governance in Commercial Banks in India’ proposed to set the age limit of Chief Executive Officers (CEOs) and whole time directors (WTDs) belonging to the promoter group of banks to 70 years and maximum tenure of 10 years. This offer has been made to improve administration in the banking sector.


About Reserve Bank of India (RBI):

Headquarters– Mumbai, Maharashtra
Formation– 1 April 1935
Governor– Shaktikanta Das
Deputy Governors– 4 (Bibhu Prasad Kanungo, Mahesh Kumar Jain, Michael Debabrata Patra, one is yet to be appointed).


APPOINTMENTS & RESIGNATIONS
         
IBBI restructures committee related to corporate insolvency resolution process
 In pursuance of regulation 3 of the Insolvency and Bankruptcy Board of India (IBBI) advisory committee regulation 2017, the IBBI board has restructured an advisory committee on Corporate Insolvency Resolution and Liquidation process by including four new members.


The new 14 member committee, formed in August 2017, will be chaired by Uday Kotak, the Executive Vice Chairman and Managing Director of Kotak Mahindra Bank.




About Insolvency and Bankruptcy Board of India (IBBI):
Headquarters– New Delhi
Chairperson– M. S. Sahoo


ACQUISITIONS & MERGERS 
     
TPG, L Catterton bought 1.32% stake in Jio Platforms for Rs 6441.3 crore
The United States (US) private equity firms TPG Capital and L Catterton have become the 9th and 10th investors respectively in the Jio Platforms, as the latter has sold 0.93% stake in TPG for Rs 4,546.80 crore and 0.39% stake sold to L Catterton for Rs 1,894.50 crore.


With this Jio Platforms has sold a further 1.32% stake for Rs 6441.3 crore.


About Reliance Industries Limited (RIL):
Chairman & Managing Director (CMD)– Mukesh Dhirubhai Ambani 
Headquarter– Mumbai, Maharashtra






SCIENCE & TECHNOLOGY

Central Railway Launched Robotic ‘CAPTAIN ARJUN’ to Boost Screening, Surveillance in Pune along with ‘FebriEye’ in Mumbai
The Railway Protection Force of Central Railway (CR), Pune division, Maharashtra launched a Robotic ‘Captain Arjun’ (Always be Responsible and Just Use to be Nice) to intensify the screening and surveillance of passengers. It will help in protecting anti-social activities, provide protection against COVID-19 infection, and Floor Sanitization. 




Union MoS of Home Affairs G Kishan Reddy launches ‘GermiBAN’ device to kill viruses
Union Minister of State for Home Affairs G Kishan Reddy launched a device, ‘GermiBAN’ that kills viruses & other germs by sterilising, sanitising & disinfecting in large areas. 
ii.It also acts as an Air Purifier effective against viruses like COVID-19 which will stop the spread of it. 




OBITUARY

Sushant Singh Rajput, Bollywood actor passed away at 34



Former New Zealand cricketer Matt Poore passed away at 90

Former New Zealand cricketer Matt Beresford Poore(all rounder- right hand batsman and offspinner)passed away at 90. He was born on June 1, 1930, Christchurch, Canterbury, New Zealand.


About New Zealand:
Capital– Wellington
Currency– New Zealand dollar(NZD)
Prime Minister– Jacinda Ardern




BOOKS & AUTHORS

Naoroji: Pioneer of Indian Nationalism Biography by Dinyar Patel

Historian Dinyar Patel’s biography of Dadabhai Naoroji, “Naoroji Pioneer of Indian Nationalism” was published by the Harvard University Press in May 2020.




IMPORTANT DAYS

World Elder Abuse Awareness Day 2020: June 15


World Blood Donor Day 2020 – June 14

The theme of World blood donor day 2020 is “Safe Blood save lives”.




STATE NEWS

Jammu and Kashmir UT Rolls Out Poultry Policy 2020

The Union Territory (UT) of Jammu and Kashmir (J&K) has prepared a J&K Poultry Policy, 2020/Operational Guidelines for the first time to boost poultry production in the region.The government will give a subsidy of 50 crore annually for broiler/layer farms and related activities.


About Jammu and Kashmir (union territory):
Capitals– Jammu (Winter), Srinagar (Summer)
Lieutenant Governor– Girish Chandra Murmu