10 &11th June Current Affairs 2019

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10 &11th June Current Affairs 2019

Daily GK Updates & Current Affairs for Government Exams

Maldives to confer its highest award Nishan Izzuddin on Prime Minister Narendra Modi

10 June 2019 Current Affairs: Shri Narendra Modi is conferred with Maldives highest award ‘Nishan Izzuddin’

The main aim of the visit is to further cement ties with the Indian Ocean archipelago.

Earlier, Prime Minister Modi and President Solih held delegation-level talks as the two countries signed a slew of agreements to strengthen bilateral ties in a number of key areas including defence.

His last was in November 2018 to attend President Solih’s swearing-in, this visit is the first by an Indian prime minister at a bilateral level in eight years.

Reserve Bank of India imposed 2 crore penalty on Kotak Mahindra Bank

10 June 2019 Current Affairs: Reserve Bank of India (RBI) imposed a penalty of ₹2 crore on Kotak Mahindra Bank for not furnishing information about the dilution of promoter shareholding.

The penalty imposed in exercise of powers vested in it under the provisions of the Banking Regulation Act, 1949.

It is mainly based on the deficiencies in regulatory compliance

It is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank.

The bank failed to comply and a show cause notice was issued to the bank as to why penalty should not be imposed for non-compliance with the said directions.

Uday Kotak recently told the Bombay High Court he was in full compliance of the RBI rules and the regulator had never communicated to the promoters on the matter of shareholding.

Ministry for Information and Broadcasting instituted Antarashtriya Yoga Diwas Media Samman (AYDMS)

10 June 2019 Current Affairs: The Ministry of Information and Broadcasting (I&B) has instituted its first Antarashtriya Yoga Diwas Media Samman (AYDMS). It was announced by the Minister Prakash Javadekar. The aim of the award is to acknowledge the positive role & responsibility of media in disseminating the outreach of Yoga in India and abroad. The award will be conferred to Media Houses engaged in Print Media, Electronic and (Television & Radio).

Prize: The award comprises of a special medal/plaque/trophy and a citation.

Six juries will assess the contribution of Media in the popularising of Yoga. The duration of the coverage for AYDMS would be from 10th June to 25th June 2019.

Announcement of the honors will be announced and Antarashtriya Yoga Diwas Media Samman (AYDMS) ceremony in July 2019 (tentative date).

Prime Minister Narendra Modi to lead the event of #YogaDay2019 at Ranchi

Prime Minister Narendra Modi led the International Day of Yoga 2019 celebrations to be held in Ranchi on June 21.  Around 30,000 people are expected to participate in the main event. This function will attend to by several State Dignitaries, besides the Yoga Organisations and Yoga Gurus. Ministry of AYUSH planned every year observation of the International Day of Yoga across the country. 

Union Cabinet has approved the Pradhan Mantri Kisan Samman Siddhi Scheme

10 June 2019 Current Affairs: Union Cabinet has approved the Pradhan Mantri Kisan Samman Siddhi Scheme. It will cost over Rs.87,000 crore a year to the exchequer. The government has announced its decision to extend the benefit of Rs.6,000 per year under the PM-KISAN scheme to all 14.5 crore farmers in the country, irrespective of the size of their landholding.

Prime Minister Narendra Modi accepted Macron’s invite to attend outreach session of G7 Summit

11 June 2019 Current Affairs: Prime Minister Narendra Modi accepted an invitation to attend the session of the G7 Summit in Biarritz.

The 45th summit of the G7 group of countries takes place from August 24 to August 26 in Biarritz, France.

Lemoyne visited India and he is the first French ministerial trip to the country after the Narendra Modi government assumed office.

Queries related to the comments of the Minister of State for Foreign Affairs of France Jean-Baptiste Lemoyne regarding the invitation extended to India.

State Bank of India introduces Repo Rate-Linked Home Loan

11 June 2019 Current Affairs: State Bank of India introduced repo rate-linked home loans.

SBI, the country’s largest bank by assets home loans linked to the repo rate from July 1, 2019.

There are 10 key new facts, repo rate-linked SBI home loan:

Key interest rate reduced to 5.75 Repo rate-linked home loan will make changes in the key interest rate by the central bank would be passed on directly to the customers.

Interest rates applicable to regular home loans are decided by the commercial banks on a time basis.

Lewis Hamilton Won Canadian Grand Prix 2019

Lewis Hamilton won Canadian Grand Prix , the world of Formula One championship title 2019. Lewis Hamilton, Robert Kubica and Daniel Ricciardo players who played various matches in championship and considered as star players. Hamilton won 78th career win in Formula One . He also fifth out of the seven races contested this season He secured seventh win at the 2019 Canadian Grand Prix and defeated Sebastian Vettel (Ferrari).

Rafael Nadal clinched the 12th French Open title by defeating Dominic Thiem

World number two Rafael Nadal clinched the 12th French Open title in 15 years in men’s single category held in Roland Garros Stadium, France. He defeated world number four Dominic Thiem in the men’s singles. The Spaniard won the match with a scoreline of 6-3, 5-7, 6-1, 6-1. The 33-year-old has now won 18 Grand Slam titles, two fewer than world number three Roger Federer.

Singapore topped the IMD World Competitiveness Ranking 2019

11 June 2019 Current Affairs: Swiss-based International Institute for Management Development (IMD) World Competitiveness Ranking 2019 said Singapore has dethroned the US to become the most competitive economy in the world. Hong Kong stands second spot in the list. USA stands third followed by Switzerland and UAE and fourth and fifth respectively.

Qatar entered the top 10. India ranked 43, one position higher compared to 2018.