🔅🔅 One Belt One Road Initiative 🔅🔅

One Belt One Road is considered as the most ambitious foreign policy and economic initiative of Chinese President Xi Jinping. It was announced in 2013 with an objective to rejuvenate the ancient trade routes connecting Asia and Europe and hence it is also known as Silk Road Economic Belt. OBOR is a network of roads, railways, oil pipelines, power grids, ports and other infrastructural projects meant to connect China to the world. This initiative comprises more than physical connections. It aims to create the world’s largest platform for economic cooperation including policy coordination, trade and financing collaboration and social and structural cooperation.

The OBOR is bifurcated into two parts- The Silk Road Economic Belt which is land-based and will connect China with Central Asia, Eastern and Western Europe and the 21st Century Maritime Silk Road which is sea-based and will connect China to South-East Asia, Africa and Central Asia. The main objective of China through OBOR is to develop international clout by expanding its influence, boost its slow GDP by boosting trade through OBOR, fix the regional growth disparities between North and South China and boost Yuan’s usage amongst the countries and strengthen its role as an international currency. Although OBOR may prove beneficial to developing countries and could also boost their GDP, we should not be too optimistic about its success, as Chinese investments had let to political backlashes in the past. And it is unsure whether poor countries will be able to benefit from greater trade as they already run a huge trade deficit with China.

- Navies Of India And Indonesia Participated In PASSEX Exercise Port Of Makassar , Indonesia

- Mumbai Continues To Be The Most Expensive City In India : Report

- Hong Kong Is Ranked As The World's Costliest City : Report

- 8th National Inter-State Senior Athletics Championships Being Held In Guwahati , Assam

- Rani Rampal Announced Captain Of Indian Women’s Hockey Team

- NASA To Launch ‘Jaihind-1S ’ World's Lightest Satellite Designed By Chennai Students

- Bengaluru Claimed World’s 2nd Best Location To Launch Tech Startups

- ⭐️ Girish Chandra Chaturvedi Named ICICI Bank’s Non-Exec Part-Time Chairman

- NITI Aayog Today Launched The First Delta Ranking

- ⭐️ Madhya Pradesh To Be Awarded For Reducing Maternal Mortality

- Rani Rampal To Lead Indian Womens Hockey Team In 2018 World Cup

- ⭐️ Jio Becomes India's Second Largest Telco By Revenue

- Meeting Between Trump And Putin Will Be Held In Finland On 16th July

- ⭐️ Kanwaljeet Jawa Becomes 1st Indian To Be Appointed As Board Member Of Daikin

- Sonakshi Sinha Joins UNESCO To Promote Safe & Secure Online Environment

- Norway World’s Best Country In Traffic Safety : Report .

- 29 June : National Statistics Day,  Statistics Day 2018 Theme :  ‘Quality Assurance In Official Statistics '

- President Ram Nath Kovind Launches Solar Charkha Mission

- North Korea Named ‘ Worst Human Trafficking Country '

- ⭐️ India’s 35th Rank On The Global Real Estate Transparency Index

- India Pledges $5 Million For UN Palestinian Aid Agency

- ⭐️ Suresh Prabhu Launches Mobile App ' ReUnite '

- Rajnath Singh Approves ‘ Home Minister's Special Operation Medal

29 June 2018
==================
- ⭐️ Hindi Is The Most Spoken Language In India , Bengali Second

- ⭐️ Marathi Has Replaced Telugu As The Third Most Spoken Language In The Nation

- ⭐️ Yousaf Saleem Sworn In As Pakistan's First Visually Impaired Judge

- 10 New Swachh Iconic Places Taken Under Phase II Of Swachh Bharat Mission

- ⭐️ Anant Barua Has Been Appointed As Whole-Time Member Of SEBI

- Manu Bhaker Won The Top Prize In 10M Air Pistol Event At ISSF Junior World Cup

-  Centre Releases Rs 340 Crore For Flood Relief In Assam

-  26th Edition Of World’s Largest Multilateral Naval Exercise RIMPAC Has Begun In Hawaii

- ⭐️ Social Activist Pushpa Bhave Selected For Rajarshi Shahu Award .

- 29 June : National Statistics Day, World Statistics Day Theme :   ‘‘ Quality Assurance In Official Statistics

- Emergency Declared In Papua New Guinea Over Polio Outbreak

- Pakistan Placed On Financial Action Task Force ‘ Grey List '

- ‘ Sagarmala ’ Receives Gold Award At 52nd Skoch Summit 2018

- Rupee Hits Record Low Of 69.01 Against US Dollar

- PM Modi Inaugurate ‘ Kabir Mahotsav ’ In Uttar Pradesh

- Odisha CM Increased The Health Cover Under Biju Swasthya Kalyan Yojana

- President Inaugurated Udyam Sangam 2018 In New Delhi

- ⭐️ India Ranked 4th As Cyber Attacks On The Rise Globally : Report

- Oxytocin Ban To Come Into Effect In India From 1st July 

 25th June 2018

● 25th June : Day Of The Seafarer

● Day Of The Seafarer Theme 2018 : ' Seafarers ' Wellbeing '

● Gujarat Launches ' Suryashakti Kisan Yojana ' For Farmers

● Saudi ARAMCO , ADNOC Signed MoU For Refinery Project Of Maharashtra

● Vasundhara Raje Conferred With ‘ CM Of The Year ’ Award

● FICCI Awarded At X International IT Forum In Russia

● Archer Deepika Kumari Wins Gold At Salt Lake World Cup

● Sandeep Sejwal Wins Gold In Singapore National Swimming Championships

● Keralas 4th International Kannur Airport  To Open In September

● Recep Tayyip Erdogan Re Elected As The Turkish President

● Biometric Attendance Made Compulsory In J&K Govt. Offices

● Delhi Metro Network Set To Become 5th Largest In World

● 22nd Sindhu Darshan Festival (SDF) Started In J&K

● Annual Ambubachi Mela Started In Assam

● Haryana Village 1st To Pass No Toilet , No Bride Resolution

● Union Govt Approves Tourism Projects Worth 1,800 Crore For Himachal Pradesh

● Haryana Makes Use Of LED Bulbs Mandatory In Govt Offices By 15 Aug

● AIIB To Invest $200M In National Investment & Infrastructure Fund

● Gender Inequality Extremely High In Work & Politics In India : Report

● India And Bangladesh Have Agreed To Institute Coordinated Patrol (CORPAT)

● Indian Parliament's Monsoon Session Will Be Held From July 18 To August 10

● Nor Shamsiah Mohd As The Next Governor Of Bank Negara Malaysia

● PM Inaugurates 11.2KM Long Delhi Metro’s Mundka-Bahadurgarh Section

● Tamil Nadu Students Bag Top Spot At Smart India Hackathon 2018

● Mahesh Kumar Jain Takes Charge As The Fourth RBI Deputy Governor .

1. President Declares Queen Pineapple As Tripura's 'State Fruit'
i. President Ram Nath Kovind has declared Tripura's queen variety pineapple as state fruit and its export was a major step in connecting the state with world trade.
ii. The state holds good potential in world trade. Export of the pineapple to foreign countries is a major step in connecting with world trade. Tripura exported its first consignment of one-tonne pineapples to Dubai earlier this month.

2. RBI To Set Up Public Credit Registry To Curb Bad Loans

i. In a bid to check loan defaults, RBI stated that a Public Credit Registry (PCR) will be set up containing information on all borrowers to ensure financial stability.
ii. Following a report by Yeshwant M Deosthalee headed High-Level Task Force, RBI stated it has considered the recommendations and decided to set up a PCR in a modular and phased manner.

3. Operation Nistar: Indian Navy Brings Back 38 Indians From Cyclone-Hit Socotra Island In Yemen
i. In a swift operation, the Indian Navy has rescued 38 Indians from Socotra island in Yemen where they were stranded for nearly 10 days after a severe cyclonic storm hit the area.
ii. The Navy had diverted its ship INS Sunayna from the Gulf of Aden to Socotra as part of the operation ‘NISTAR’ to rescue the Indians.

4. India Hosted Geo-Intelligence Asia 2018

i. The Eleventh edition of Geo-Intelligence Asia 2018 organized by GeoSpatial Media and Communication with Directorate General of Information System as Knowledge Partners and Military Survey as Co-organisers, took place in New Delhi. The theme of Seminar was ‘Geo-Spatial: A Force Multiplier for Defence and Industrial Security’.
ii. The seminar brought together the military, security officials including BSF and Police Forces, Government and industry together to examine the latest technology solutions and on the critical role of geospatial technology in military and security applications.

5. Anupam Kher To Receive Outstanding Achievement Award At IIFA 2018

i. Veteran actor Anupam Kher will be given the prestigious Outstanding Achievement honour at the upcoming International Indian Film Academy (IIFA) awards ceremony in Bangkok.
ii. The 63-year-old actor, who has worked in over 500 films spanning across languages along with projects both in India and abroad for over three decades, will be honoured for his contribution in the field of cinema. Kher will be presented with the honour on June 24 at the 19th edition of IIFA.

6. Prime Minister Modi Reaches China To Attend SCO Summit

i. Prime Minister Narendra Modi has arrived in Qingdao, China, to attend the two-day long 18th Shanghai Cooperation Organisation (SCO) summit.
ii. This will be India's first participation in the summit as a full-time member of the organization. India, along with Pakistan, became a full-time member during the Astana summit in June 2017. Prime Minister Modi is also scheduled to hold bilateral talks with Chinese President Xi Jinping apart from holding meetings with various other participating leaders.

7. 'Rasaraj' Narayan Prasad Singh Passed Away

i. Odisha's most popular lyricist, Narayan Prasad Singh was popularly known as 'Rasaraj' passed away at his residence in Bhubaneswar. Singh was 86.
ii. Born on May 28th, 1933 at Koeli village, Singh earned his name in the world of Odia music. He was the lyricist of several popular melodious songs in Odia cinema.

09 June 2018
====================
- Fernanda Espinosa Elected President Of The 73rd United Nations General Assembly

- ⭐️ Sarita Nayyar Appointed To World Economic Forum Managing Board

- Operation NISTAR Successfully Culminates With Safe Disembarkations Of 38 Indian Nationals

- Portal For Job Seekers And Employers Launched In Kerala

- ⭐️ Hyderabad Ranks 3rd In Sound Polluted Cities List

- India Ranks 137th On Global Peace Index 2018 : Economic And Peace report

- World First EPR Nuclear Reactor Begins Work In Taishan , China

- ⭐️ Anupam Kher To Be Given Lifetime Achievement Honour At Upcoming IIFA Awards Ceremony

- Asian Junior Athletics Championships Event In Gifu , Japan

- Smriti Irani Launches GIAN To Boost Higher Education With International Collaboration

- ⭐️ Rajinikanth Starrer 'Kaala' Became The 1st Indian Film To Release In Saudi Arabia

- Andhra Pradesh CM Chandrababu Naidu Has Declared The State Open-Defecation Free

- Andhra Pradesh Is Set To Become 1st State In India To Use Auto-Disable Syringes .

- ⭐️ 8 June : World Ocean Day, Theme Of World Oceans Day 2018 : " Preventing Plastic Pollution And Encouraging Solutions For A Healthy Ocean "

- ⭐️ 8 June 2018 : World Brain Tumor Day

- Indian , US , Japanese Maritime Forces Begin Malabar Exercise

- 17th Round Of Foreign Office Consultations Between India & Myanmar Hold In New Delhi

- Punjab Govt Launches ' Business First Portal '

- Nepal's Chief Of Army Staff On Six-Day Visit To India

- Keshari Nath Tripathi To Hold Additional Charge As Tripura Governor

- Andhra Pradesh Is ODF Now , Declares CM Chandrababu Naidu

- Biopic ‘ Making Of The Mahatma ’ Screened In Pietermaritzburg

- ⭐️ President Declares ‘ Queen Pineapple ’ As State Fruit Of Tripura

- Asia-Pacific Regional Conference On ECD Held In Nepal

BEST IAS IPS TNPSC BANK SI TNTET EXAM COACHING CENTRE IN COIMBATORE - SHANMUGAM IAS ACADEMY

BEST IAS IPS TNPSC BANK SI TNTET EXAM COACHING CENTRE IN COIMBATORE - SHANMUGAM IAS ACADEMY

 

Green GDP
Green GDP is a term used for expressing GDP after adjusting for environment degradations.
Green GDP is an attempt to measure the growth of an economy by subtracting the costs of environmental damages and ecological degradations from the GDP
The concept was first initiated through a System of National Accounts.
The System of National Accounts (SNA) is an accounting framework for measuring the economic activities of production, consumption and accumulation of wealth in an economy during a period of time.
When information on economy’s use of the natural environment is integrated into the system of national accounts, it becomes green national accounts or environmental accounting.
The process of environmental accounting involves three steps viz. Physical accounting; Monetary valuation; and integration with national Income/wealth Accounts:
Physical accounting determines the state of the resources, types, and extent (qualitative and quantitative) in spatial and temporal terms.
Monetary valuation is done to determine its tangible and intangible components.
Thereafter, the net change in natural resources in monetary terms is integrated into the Gross Domestic Product in order to reach the value of Green GDP.

 08 June 2018
=================
- Rudrendra Tandon Appointed As Next Ambassador Of India To ASEAN

- Madhu Sethi Appointed As The Next Ambassador Of India To The Republic Of Cuba

- Tsewang Namgyal As The Next Ambassador Of India To The Republic of Lithuania

- ⭐️ Iceland Topped In Global Peace Index 2018

- ‘Queen’ Pineapple Variety Declared Tripura’s State Fruit

- Veteran Film Actor Anupam Kher To Be Given Lifetime Achievement Honour At IlFA

- Virat Kohli Set To Receive Polly Umrigar Award ( 2016-17 -- 2017-18 )

- Mithali Raj Becomes First Indian To Score 2000 T20I Runs

- Centre Constitutes Group To Suggest Changes In SEZ Policy

- ⭐️ Harmanpreet Kaur And Smriti Mandhana Will Receive The Awards For Best International Cricketer (women)

- ⭐️ Virat Kohli Has Been Named BCCI's Best International Cricketer (Men)

- Kamila Shamsie’s ‘ Home Fire ’ Wins Women’s Prize For Fiction

- ⭐️ Ravi Shankar Prasad Releases Bhagat Singh’s Jail Diary Book In New Delhi . 

- ⭐️ West Bengal Governor K N Tripathi To Hold Additional Charge Of Tripura

- Election Commission Launches Its Online RTI Portal

- India Records 22% Reduction In Maternal Mortality Ratio Since 2013

- IIT Bombay Displaces IIT Delhi As Best-Ranked Indian University

- FDI Inflows To India Fall By $4 Billion Last Year : UN Report

- Chandrabhaga Beach Becomes Asia’s 1st Beach To Get The Blue Flag Certification

- Corporation Bank Bags Best Expectation Management Award For 2017-18

- The 11th Edition Of Geo Intelligence Asia 2018 In New Delhi

- Dhiraj Ram Krishna Won The ‘ National Gopal Ratna ’ Award

- Minister Of State For Chemicals And Fertilizers Launches ‘Jan Aushadhi Suvidha '

- ⭐️ India’s Rank 137 In Global Peace Index

- CM Devendra Fadnavis Inaugurated Web Portal Named Continuous Medical Education (CME)

- Baba Kalyani Heads Group To Study SEZ Policy

- Bihar Govt Launches New Crop Insurance Scheme ‘ Bihar State Crop Assistance Scheme ’

- 31st Edition Of The India - Indonesia Coordinated Patrol Is Held In Belawan , Indonesia.

- Virat Kohli’s Statue Unveiled At Madame Tussauds, New Delhi

 07 June 2018
==================
- ⭐️ Repo Rate Increased By 25 Bps In Second Bi-Monthly Monetary Policy Statement (2018-19)

- ⭐️ Singapore Launches ‘ World Peace Medallion ’ To Mark Trump-Kim Summit

- World Bank Approves Rs-6000 Crore For Atal Bhujal Yojana

- IBSA Foreign Ministers’ Meeting Was Held In Pretoria , South Africa

- J&K To Host 1st Ever ‘ Global Investor Meet ’ On Hydro-Power In July

- Veteran Producer Pippa Harris Named BAFTA Chairman .

- Polythene To Be Completely Prohibited From 31st July In Uttarakhand

- Madhya Pradesh Announces Outstanding Power Bill Waiver Scheme

- Virat Kohli ( Rank 83rd ) Only Indian In World’s Highest Paid Athletes List

- ⭐️ Corporation Bank Has Bagged The ‘ Investor Relations Award 2018 '

- Calzy 3 Has Won The Apple Design Award 2018

- 4 Year Old Ayan Gogoi Gohain (Assam) Was Honoured With The ‘ Youngest Author Of India ’

- ⭐️ Maria Fernanda Espinosa Garces Was Elected The Next President Of The UN General Assembly

- ⭐️ Omar Razzaz Appointed New Prime Minister Of Jordan

- Floyd Mayweather Has Been Named The World's Highest-Paid Athlete

- Malaysia Appoints Ethnic Indian Tommy Thomas As New Attorney General

- Best Telegram Channel DailyGkZone

- ⭐️ Varanasi Airport 1st To Have National Highway Under Runway

- ⭐️ Bandhan Bank Appoints Former RBI Deputy Governor H R Khan As chairman

BEST IAS IPS COACHING CENTER IN COIMBATORE - SHANMUGAM IAS ACADEMY

BEST IAS IPS COACHING CENTER IN COIMBATORE - SHANMUGAM IAS ACADEMY

1. World Environment Day: 05th June 2018

i. World Environment Day is the United Nations' (UN) most important day for encouraging worldwide awareness and action for the protection of our environment. Since it began in 1974, it has grown to become a global platform for public outreach that is widely celebrated in over 100 countries. World Environment Day is the "people's day" for doing something to take care of the Earth. World Environment Day occurs on the 5th of June every year.
ii. Each World Environment Day is organized around a theme that focuses attention on a particularly pressing environmental concern. The theme for the World Environment Day 2018, "Beat Plastic Pollution".

2. Govt Launches 'Krishi Kalyan Abhiyaan' To Help Farmers In Aspirational Districts To Raise Their Income

i. The government has announced the launch of 'Krishi Kalyan Abhiyaan' under which farmers in select villages will be given assistance and advice on ways to improve farming techniques and raise their income.
ii. The Agriculture Ministry in line with the Prime Minister Narendra Modi’s vision of doubling farmers’ income by 2022 has launched the Krishi Kalyan Abhiyaan from 1st June to 31st July 2018.

Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-

Radha Mohan Singh, Hon'ble Minister of Agriculture. The Ministry of Agriculture and Farmers Welfare (formerly Ministry of Agriculture), a branch of the Government of India.

3. Govt Announces Rs. 8,000-Crore Package For Sugarcane Farmers

i. The Union government has announced a package of more than Rs 8,000 crore aimed to provide relief to sugarcane farmers and to clear their dues. According to a government official, the package includes three elements. A buffer stock of 30 LMT (lakh metric tonnes) of sugar will be created with Rs 1,200 crore.
ii. This money will be directly transferred to accounts of sugarcane farmers. Rs 4,400 crore will be used to increase ethanol production to divert sugarcane away from sugar mills which are unable to dispose of their inventories. The government has also decided to ensure a minimum sale price of Rs 29/kg for sugar.

4. MK Jain Appointed RBI Deputy Governor

i. The Centre has appointed MK Jain, Managing Director, and CEO of IDBI Bank, as the RBI’s Deputy Governor. Jain will fill a position that had been lying vacant since August 2017 after the retirement of SS Mundra.
ii. With the appointment of Jain, the Centre has stuck to the tradition of having a commercial banker occupy this post of RBI Deputy Governor (reserved for bankers). The central bank now has four serving RBI Deputy Governors. Jain has been appointed for a term of three years.

Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-

Urjit Patel is Present Governor of RBI.RBI's Deputy Governor- NS Vishwanathan, Viral V Acharya, BP Kanungo and newly appointed MK Jain.

5. French Swimmer Begins Record Pacific Crossing Attempt

i. A French swimmer has set off from Japan aiming to become the first person to swim across the Pacific Ocean.
ii. Ben Lecomte will swim for eight hours a day for more than six months as he heads towards the US west coast. He is hoping to raise awareness for climate change. A team of scientists will conduct research during the almost 8,850-kilometre swim.

05 June 2018
================
- ⭐️ Priyanka Das Ambassador Of Promote Science ’ Initiative In France

- Income Tax Department Launches New Benami Transactions Informants Reward Scheme

- IISc Bangalore { Rank 91 } Back In World Top 100 University List

- ⭐️ MK Jain Has Appointed As The Deputy Governor Of The RBI

- Vijay Mahajan Is New CEO For Rajiv Gandhi Foundation

- ⭐️ Employees In Mumbai Work Longest Hours In The World : UBS Study

- G7 Finance Chiefs And Annual Meeting At Whistler In Canada.  

- 3 June : World Bicycle Day

- 49th Conference Of Governors Begins In New Delhi

- India Successfully Test-Fires ' Agni-5 ' Off Odisha Coast, Join Telegram Channel DailyGkZone

- 1st Cargo Of Russian LNG Arrives At Dahej In Gujarat

- Asia's 1st 13 ' Blue Flag ' Beaches To Be Developed In India

- NTPC Adopts Charminar Under Swachh Iconic Places Project

- Financial Literacy Week Begins : 4 June - 10 June

- Air Chief Marshal Birender Singh Dhanoa On 4-Day Visit To Brazil

- India's Sanjana Ramesh Wins MVP Award At Basketball Without Borders Asia

- Kagiso Rabada Wins South Africa's Cricketer Of The Year Award

- ⭐️ Defence Secretary Sanjay Mitra Gets Additional Charge Of DRDO Chairman

- OUP To Host 2nd South Asia Conclave On July 4

LIST OF IMPORTANT DAYS WITH THEMES MAY 2018
=======================


1 May
 International Labour Day Uniting Workers for Social and Economic Advancement

1 May 2018
(1st Tuesday of May) World Asthma Day
  Never Too Early, Never Too Late. It’s Always The Right Time to Address Airways Disease

3 May
World Press Freedom Day
 Keeping Power in Check: Media, Justice and The Rule of Law


8 May World Red Cross Day
 Memorable Smiles From Around the World

11 May
 National Technology Day

12 May  International Nurses Day Nurses:
A Voice to Lead – Health is a Human Right

12 May 2018
(2nd Saturday of May) World Migratory Bird Day
Unifying our Voices for Bird Conservation

12 May 2018
(2nd Saturday of May) World Fair Trade Day
Live Fair, One Product at a Time

13 May 2017
(2nd Sunday of May) International Mothers’ Day

15 May
International Day of Families Families and Inclusive Societies

17 May
World Hypertension Day
 Know Your Numbers


17 May
World Telecommunication and Information Society Day
 Enabling the Positive Use of Artificial Intelligence for All

18 May
International Museum Day
 Hyperconnected Museums: New approaches, New Publics

18 May
World AIDS Vaccine Day
 
20 May
World Metrology Day
 Constant Evolution of the International System of Units (SI)

21 May
Anti-Terrorism Day

22 May
 International Day for Biological diversity
Celebrating 25 Years of Action for Biodiversity


23 May
World Turtle Day

25 May
International Missing Children’s Day

25 May
World Thyroid Day
Environment and the Thyroid


28 May
 International Day of Action for Women’s Health


29 May
International Day of United Nations Peacekeepers
 70 Years of Service and Sacrifice


31 May
World No-Tobacco Day
Tobacco and Heart Disease

June 04 2018

1. Syrian President to become 1st international leader to meet Kim in N Korea

2. Heli-taxis launched to cut Shimla-Chandigarh travel time to 20 min

3. IDBI Bank CEO Mahesh Jain appointed RBI Deputy Governor

4. SpaceX launches communications satellite on Falcon 9 rocket

5. Govt may merge 4 banks to create India’s second-largest bank

6. India gets first automated vehicle scrapping and recycling facility

7. Defence Secretary Sanjay Mitra Gets Additional Charge Of DRDO Chairman

8. India Successfully Test-Fires SFDR Propulsion Based Missile

9. India Ranked 113th On Childhood Index

10. 14th century Maori village discovered in New Zealand

11. India receives first shipment of cheapest LNG from Gazprom Russia

12. 29th Anniversary of Tiananmen Massacre Observed

13. Taj Declaration to Beat Plastic Pollution adopted in Agra

14. Financial Literacy Week starts with theme ‘Customer Protection’

15. June 4 – International Day of Innocent Children Victims of Aggression

16. HDFC Bank recognized for best practices in payment security

● 3 June : World Bicycle Day

● 49th Conference Of Governors Begins In New Delhi

● India Successfully Test-Fires ' Agni-5 ' Off Odisha Coast

● 1st Cargo Of Russian LNG Arrives At Dahej In Gujarat

● Asia's 1st 13 ' Blue Flag ' Beaches To Be Developed In India

● NTPC Adopts Charminar Under Swachh Iconic Places Project

● Financial Literacy Week Begins : 4 June - 10 June

● Air Chief Marshal Birender Singh Dhanoa On 4-Day Visit To Brazil

● India's Sanjana Ramesh Wins MVP Award At Basketball Without Borders Asia

● Kagiso Rabada Wins South Africa's Cricketer Of The Year Award

● Defence Secretary Sanjay Mitra Gets Additional Charge Of DRDO Chairman

● OUP To Host 2nd South Asia Conclave On July 4

● Priyanka Das Ambassador Of Promote Science ’ Initiative In France

● Income Tax Department Launches New Benami Transactions Informants Reward Scheme

● IISc Bangalore { Rank 91 } Back In World Top 100 University List

● MK Jain Has Appointed As The Deputy Governor Of The RBI

● Vijay Mahajan Is New CEO For Rajiv Gandhi Foundation

● Employees In Mumbai Work Longest Hours In The World : UBS Study

● G7 Finance Chiefs And Annual Meeting At Whistler In Canada.  

Financial Literacy Week starts with theme ‘Customer Protection’
=================
▪️Reserve Bank of India is conducting Financial Literacy Week from June 4 on the theme ‘Customer Protection’. The week-long event is to focus on creating awareness among customers of banks.

▪️According to RBI, the event will emphasise on awareness about different financial products, services, digital applications and good financial practices.

✔️ About Financial Literacy Week

▪️RBI had introduced financial literacy week in 2016 to create a large scale awareness on key topics. Non-Governmental Organisations collaborate with banks and made this initiative successful in the past two years. Last year’s theme of the week was, ‘Know Your Customer’.

▪️The focus of this year is consumer protection messages like, Know your liability. The customers will be educated upon the safe digital banking practices.

▪️RBI underlines that, in cases of unauthorised electronic banking transactions when informed in 3 days, the liability of account holder is zero.

▪️RBI says that resolution of such transactions will be the responsibility of the concerned bank.

▪️The bank should resolve the issue as soon as possible within 90 days from the day of receipt of the complaint. Other focus point of financial Literacy week includes, creating awareness about Banking Ombudsman Scheme of RBI.

▪️Bankers, Financial Literacy Counsellors and other stake holders will be the major participants in the event.

04 June 2018
==================
- ⭐️ Nepal , Scotland Among 4 Teams Inducted In ICC ODI Rankings

- Deccan Queen Completes 88 Years Of Service

- 2 Day Conference Of Governors And Lieutenant Governors (LGs) Will Be Held At New Delhi

- Indian Navy Launched ‘ Operation Nistar ’ To Evacuate 38 Stranded Indians Around Socotra Island

- Maharashtra Government Has Announced The Opening Up Of A ‘ sandbox ’ To Boost Start-Ups

- Kendrick Lamar Received The Pulitzer Prize For His 2017 Album ' DAMN '

- 3rd National Health Editors Conference On Yoga In New Delhi .

- India Successfully Test-Fires SFDR Propulsion Based Missile

- ⭐️ India Ranks 113th On Childhood Index

- China Successfully Launched A New Earth Observation Satellite ' The Gaofen-6 '

- EAM Sushma Swaraj Begins 5 Day Visit To South Africa

- ⭐️ Pedro Sanchez Sworn In As Spain's New PM

- Abdel Fattah Al-Sisi Sworn In As Egyptian President

- Japan Has The " most powerful Passport In The World " - Henley Passport Index

- ⭐️ Indian Passport Secured The 76th Rank In The Henley Passport Index

- National Orchid Garden In Singapore Was Named ' Dendrobium Narendra Modi '

- Andhra Pradesh Has Launched A Zero Based Natural Farming { ZBNF } Scheme

Seva Bhoj Yojna
=================
- The Union Ministry of Culture on June 1, 2018 introduced a new scheme called ‘#SevaBhojYojna’ to reimburse the central share of CGST and IGST on items for food/prasad/langar/bhandara offered free of cost by charitable religious institutions.

✔️ About the Yojana:

- The scheme seeks to reimburse the central government’s share of Central Goods and Services Tax (CGST) and Integrated Goods and Service Tax (IGST) on purchase of raw items such as ghee, edible oil, atta, maida, rava, flour, rice pulses, sugar and jaggery, which go into preparation of food/prasad/langar/bhandara offered free of cost by religious institutions.

- The main objective of the scheme is to lessen the financial burden of such charitable religious institutions, which provide free of cost without any discrimination to the general public and devotees.

- The charitable religious institutions including temples, gurudwara, mosque, church, dharmik ashram, dargah, monasteries, which fulfill the following criteria are eligible for the grant:

- The institutions that have been in existence for at least five years before applying for financial assistance/grant.
The institutions that serve free food to at least 5000 people in a month.

- The institutions covered under Section 10( 23BBA)  of the Income Tax Act  or those registered as Society  under Societies Registration Act ( XXI of 1860) or as a Public Trust under any law for the time being in force of statuary religious bodies constituted under any Act  or institutions registered under Section 12AA of Income Tax Act.

Gopabandhu Sambadika Swasthya Bima Yojana: Odisha’s Health Insurance Scheme for Journalists
===============
▪️Gopabandhu Sambadika Swasthya Bima Yojana is a new Health Insurance Scheme for the journalists launched by the state government in Odisha. This scheme provides Rs. 2 Lakh per annum health insurance cover to all working journalists of the state.

✔️ Key Facts

▪️Gopabandhu Sambadika Swasthya Bima Yojana has come into effect from June 1, 2018 and will initially cover around 3200 journalists and their family members from various media groups.

▪️The insurance coverage will be applicable for cashless treatment in government and private hospitals.

▪️The scheme will also cover the injuries and illness faced by journalists while performing their duties.

✔️ Name of Scheme

▪️The scheme has been named after Gopalbandhu Das (1877-1928) a prominent social worker, reformer, political activist, journalist, poet and essayist of Odisha.

▪️His contribution to art, culture and society to Odisha earned him the epithet of Utkalmani (jewel of Odisha).

▪️His contribution to journalism in the state was short but remarkable. In the decade of 1910, he had launched a monthly literary magazine called Satyabadi through which he tried to educate the masses.