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Current Affairs Of June 3



We bring you the complete and important daily Current Affairs of  April 2020 Quiz to achieve more marks in Banking, Insurance, UPSC, SSC, 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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NATIONAL AFFAIRS

Kisan Credit Cards campaign launched for 1.5 crore dairy farmers: Government

Government under a special drive will provide Kisan Credit Cards(KCC) to 1.5 crore dairy farmers belonging to milk unions and milk producing companies within the next two months (1st June-31st July 2020). 
The special drive is part of the Prime Minister’s Atma Nirbhar Bharat package for Farmers.




Odisha, Sikkim and Mizoram included in ‘One Nation-One Ration Card’ scheme


The Union Minister of Consumer Affairs, Food & Public Distribution Ram Vilas Paswan informed that Odisha, Sikkim and Mizoram have joined the ‘One Nation-One Ration Card’ scheme on ‘Integrated Management of Public Distribution System’(IM-PDS) a total of 20 states/Union Territories(UTs) in the scheme.
Targets made
  • All states will be added in the scheme & the scheme will be operational all over India by March 2021
  • Three more States namely- Uttarakhand, Nagaland and Manipur will also be added to the national cluster by August 2020.
About Odisha
Capital– Bhubaneswar
CM– Naveen Patnaik
Governor– Ganeshi Lal

INTERNATIONAL AFFAIRS

India ranked 23rd for world’s best startup ecosystems; US topped: StartupBlink Ecosystem Rankings 2020

Among the top 100 startup cities, only four India cities were named in “2020 Cities Global Ranking of Startup Ecosystem”.
About StartupBlink:
Chief Executive Officer (CEO)– Eli David 
Headquarter– Zurich, Switzerland



ECONOMY & BUSINESS

India’s GDP to contract by 4% in fiscal 2021 & downgraded its sovereign rating to ‘Baa3’ from ‘Baa2: Moody’s

Rating agency Moody’s expects India’s real Gross Domestic Product(GDP) to contract by 4% in fiscal 2021 due to the COVID-19 pandemic and related lockdown measures.

About Moody’s:
Headquarters– NewYork, United States
President & Chief Executive Officer(CEO)– Raymond W. McDaniel, Jr.



IRCON signs MoU with NIIFL & AYANA to explore and collaborate in the solar energy sector

Ircon International Ltd(IRCON), a Miniratna(Category-I) Schedule, public sector enterprise has signed a Memorandum of Understanding(MoU) with National Investment and Infrastructure Fund Limited(NIIFL) and Ayana Renewable Power Private Limited(AYANA), NIIF platform company to explore and collaborate on opportunities in the solar energy sector.

About IRCON:
Registered Office– New Delhi, India
Chairman & Managing Director(MD)– S.K. Chaudhary
About NIIFL:
Registered Office– New Delhi, India
MD & Chief Executive Officer(CEO)– Sujoy Bose
About AYANA:
Headquarters– Bangalore, Karnataka 
Chairman– S. S. Mundra 
MD & CEO– Shivanand Nimbargi 


APPOINTMENTS & RESIGNATIONS          

PM Modi appoints committee for MSME loan implementation headed by Rajnath Singh

Prime Minister Narendra Modi appointed a committee headed by Rajnath Singh to solve the difficulties in the implementation of Rs.3 Lakh crore collateral-free loan forMicro, Small & Medium Enterprises(MSME).

About MSME Ministry:
Minister- Nitin Jairam Gadkari
Minister of State- Pratap Chandra Sarangi


Reserve Bank approves Lakshmi Vilas Bank’s MD and CEO, Subramanian Sundar extension

About Lakshmi Vilas Bank (LVB):
Headquarters– Chennai, Tamil Nadu.
Tagline– The changing face of prosperity. 



ACQUISITIONS & MERGERS        

Tata Power acquires 51% stake in Odisha’s TPCODL for Rs 178.5 cr

Tata Power Limited has acquired 51% stake in TP Central Odisha Distribution Ltd (TPCODL), a wholly-owned subsidiary of Grid Corporation of Odisha (GRIDCO), for a consideration of Rs 178.5 crore. The remaining 49 % stake in TPCODL will be held by GRIDCO.
About Tata Power Limited:
Headquarters– Mumbai, Maharashtra
CEO & MD- Praveer Sinha
About Grid Corporation of Odisha (GRIDCO):
Headquarters– Bhubaneswar, Odisha
Chairman-cum-Managing Director– Dr. Saurabh Garg


SCIENCE & TECHNOLOGY

PM Modi Launches ‘CHAMPIONS’ portal to empower MSMEs

Prime Minister (PM) Narendra Modi has launched CHAMPIONS (Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength) to help the smaller MSMEs (Micro, Small and Medium Enterprises) by resolving their grievances and the complaints received on the portal will also be redressed within the prescribed limit.
About Ministry of Micro, Small and Medium Enterprises (MSMEs):
Headquarters– New Delhi
Union Minister– Nitin Gadkari


DRDO develops ‘Ultra Swachh’ to disinfect PPE and other materials

Institute of Nuclear Medicine and Allied Science(INMAS) Delhi based laboratory of Defence Research and Development Organisation (DRDO) developed “Ultra Swachh” a disinfection unit to disinfect Personal Protective Equipments (PPEs), electronic items, fabrics and other materials.


OBITUARY

Former International Archer and coach Jayanti Lal Nanoma passed away at 34




J&K: Former Union Minister, Congress leader P Namgyal passes away at 83




BOOKS & AUTHORS

‘One Year of Modi 2.0 – Towards A Self-Reliant India’ e-book released by Ministry of I&B

A 92-page e-booklet called ‘One Year of Modi 2.0 – Towards A Self-Reliant India’ on the key achievements of the Modi government during its second term was released on June 1, 2020, by the Ministry of Information and Broadcasting (I&B).



IMPORTANT DAYS

Global Day of Parents 2020: June 1




IMPORTANT DAYS

Global Day of Parents 2020: June 1




A multipurpose algae-based respirator ‘Oxigeno’ developed: LPU researchers

A team of researchers from Lovely Professional University (LPU), Punjab, have developed a first of its kind multipurpose algae-based respirator called ‘Oxigeno’, which helps to boost the amount of oxygen passing through it and filters out 99.3 percent of the harmful gasses.