Current Affairs Daily Updates June 21st 2016


Dear Readers,
Welcome to Mentor for Bank Exams. Here I am presenting the current affairs of the day covering utmost events happened which are helpful for upcoming competitive exams as well to boost your general awareness. Kindly make use of these!!!

APPOINTMENTS
1. Peter Thiel gets re-elected to Facebook's board.
• PayPal Co-founder and early Facebook backer Peter Thiel was re-elected to the Facebook's board of directors despite the backlash against him for funding the Hulk Hogan lawsuit against Gawker Media.
• Facebook’s entire board was re-elected, including Mark Zuckerberg, Sheryl Sandberg, Marc Andreessen and others.

AWARDS & HONOURS
1. PatanjaliYogpeeth sets 'sirsasana' world record.
• The PatanjaliYogpeeth Trust created a new Guinness World Record of 408 people simultaneously doing the ‘sirsasana’ (headstand).
• The event, presided over by yoga guru Baba Ramdev, was held on the occasion of the second International Yoga Day in Faridabad.
2. 2,000 women set world record in pregnatal yoga.
• Nearly 2,000 pregnant women set a new world record by performing yoga in Rajkot, Gujarat, on the occasion of International Yoga Day.
• This breaks the previous record in prenatal yoga that had 940 pregnant women in China participate in the activity.

BANKING
1. United India looking to boost bottom-line with digital push
• United India Insurance Company (UIIC) plans a big digital push this year as it aims to more-than-double its profit to about Rs. 500 crore from Rs. 221 crore in 2014-15.
• The public sector general insurer is looking at digital enablers to increase online sales and, thereby, improve its bottom-line.
• It is not just going to be online push, there will be end-to-end offerings too. From sales and claims settlement to grievance redress.

ECONOMY
1. Union Government approves 100% FDI in Aviation, Defence and e-commerce sectors
• The government announced sweeping changes in India's foreign direct investment policy, opening up the airline business to 100 per cent ownership, relaxing rules for single brand retail and defence and putting most sectors on the automatic approval route, continuing with the reforms programme that was kicked off after state polls ended.
• India is now the most open economy in the world for foreign direct investment.
• Now most of the sectors would be under automatic approval route, except a small negative list.
2. Gayatri Projects bags Rs. 700-crore order for Navi Mumbai airport
• Gayatri Projects Ltd has made inroads into the construction of airports by bagging a Rs. 700 crore contract from the City and Industrial Development Corporation of Maharashtra (Cidco).
• This is part of the larger Navi Mumbai International Airport project contract. The project entails development of land for the Mumbai International Airport (package-II).
3. Zydus acquires two new drug applications from Teva
• Cadila Pharmaceuticals Ltd (Zydus Cadila), has acquired two Abbreviated New Drug Applications (ANDAs) from Teva, which would strengthen its US portfolio.
• These ANDAs were being divested by Teva. It was a pre-condition to the Zydus’ acquisition of Allergan’s generic business. The acquisition was contingent on closing of the Teva-Allergan Generics transaction and approval by the US Federal Trade Commission. The financial details of the transaction remained undisclosed.

INTERNATIONAL
1. China's plan to cut meat consumption by 50%
• The Chinese government has outlined a plan to reduce its citizens’ meat consumption by 50%, in a move that climate campaigner’s hope will provide major heft in the effort to avoid runaway global warming.
• China’s health ministry recommend that the nation’s 1.3 billion population should consume between 40g to 75g of meat per person each day.
2. EU ‘to extend sanctions’ against Russia over Ukraine conflict
• The European Union’s Brussels envoys agreed to extend until the end of January the energy, financial and defence sanctions on Russia over the conflict in Ukraine.
• Ambassadors from the 28 member states agreed unanimously to prolong the sanctions until 31 January 2017.

NATIONAL
1. PM Modi releases stamps on Surya Namaskara
• Prime Minister Narendra Modi released commemorative postage stamps on 'Surya Namaskar' in New Delhi. Yoga asana 'Surya Namaskar' has been excluded from this year's International Yoga Day celebrations the government has released a postage stamp.
2. Government releases draft National Forest Policy
• The government has made public its draft National Forest Policy, to replace the one crafted in 1988. Incorporating consequences of climate change but entirely ignoring one of the three forest related laws, the Forest Rights Act,
• The policy brings new focus to plantations, growing trees outside forest lands and wood industry. The policy continues with the national goal of a minimum of one-third of the geographical area under forest or tree cover. But it does away with the goal for hill and mountainous regions to maintain two-thirds of the geographical area under forest cover.
3. Union Government bans use of Potassium Bromate as food additive
• The government banned the use of potassium bromate as a food additive following a Centre for Science and Environment (CSE) study that found its presence in bread caused cancer.
• A CSE study had found that 84 per cent of 38 commonly available brands of pre-packaged breads, including pav and buns, tested positive for potassium bromate and potassium iodate.
4. Delhi starts portal to facilitate student loans
• Delhi government launches online application portal for Higher Education and Skill Development Guarantee scheme. Chief Minister Arvind Kejriwal inaugurated the online application portal to facilitate loans to students who wish to pursue higher studies in Delhi after graduating from Class XII.
• Conceived and developed by the Directorate of Higher Education, the scheme will serve as an encouragement to students who are otherwise unable to pursue education due to lack of financial means.
5.Madhya Pradesh inks MoU with Chinese firm on $1bn investment
• Madhya Pradesh signed a MoU worth one billion dollars with Sany group of China.
• The Chinese company evinced interest in investment in 500 MW wind energy sector and building industrial infrastructure.
6. Delhi launches project to ease school admissions
• With an aim to facilitate a hassle free procurement of certain certificates needed for school admissions, Delhi government launched a pilot project to eliminate the need of visiting the district magistrate’s office.
• The scheme will help students and their parents from unnecessary hassles in securing certificate. It was decided to train one teacher/IT person from each school in various aspects of e-district project which are already functioning successfully in Delhi.

PERSONS IN NEWS
1. Nikesh Arora resigns as President and COO of SoftBank Group.
• Nikesh Arora resigned as the Representative Director, President and Chief Operating Officer (COO) of SoftBank Group (SBG), a Japanese company.
• Simultaneously, he will also step down from the Chairmanship at Yahoo Japan, a company in which SoftBank has a 36.4 percent stake, as well as the Director of Sprint, an acquisition of SBG.

PLACES IN NEWS
1. Mars crater named after Nepal quake village Langtang
• A crater on Mars has been named after one of the villages worst hit by the 2015 earthquake in Nepal.
• At least 215 people were killed in Langtang, a popular trekking site, when the quake triggered an avalanche that submerged the village.
2. Andhra Pradesh village,”Mori” to be developed as ‘Smart Village’
• Mori, a small cashew-exporting village in Andhra Pradesh’s East Godavari district is to turn ‘smart’ in December, using digital tools, real time information and uninterrupted internet connectivity.
• The prototype of a net-connected rural habitation will be launched, under a partnership between the Andhra Pradesh government, the University of California at Berkeley, and several leading technology organisations.

SCIENCE & TECHNOLOGY
1. China’s Sunway TaihuLight declared world’s fastest supercomputer
• The 2016 edition of Top500 list of supercomputers has revealed that China’s Sunway TaihuLight supercomputer is the world’s most powerful supercomputer system.
• Sunway-TaihuLight can perform calculations with processing speed of 124.5 petaflops per second (Pflops). It is world’s first system to surpass 100 petaflops.
2. NASA discovers K2-33b, youngest exoplanet around a young star
• Using NASA’s Kepler Space Telescope and its extended K2 mission, astronomers have discovered newborn fully-formed exoplanet planets that orbit stars beyond our Sun ever detected around a young star.
• The newfound planet named K2-33b is a bit larger than Neptune and whips tightly around its star every five days.

SEMINARS & MEETINGS
1. India, Thailand sign 2 agreements
• India and Thailand signed two agreements in culture and educational sectors to boost bilateral ties.
• Memorandum of Understanding (MoU) was signed between India’s Nagaland University and Thailand’s Chiang Mai University.

SPECIAL DAYS
1. International Day of Yoga is observed on June 21st
• International Day of Yoga is observed every year on June 21st
• The year 2016 it is second edition of the International Day of Yoga.
• It was observance seeks to highlight the important role healthy living plays in the realization of the Sustainable Development Goals (SDGs) which were adopted by all 193 UN member states in 2015.
2. World Music Day is observed on June 21st
• The Fete de la Musique, also known as Make Music Day or World Music Day is an annual music celebration taking place on 21 June.
• The concept of an all-day musical celebration on the days of the solstice was originated by the French Minister of Culture, Jack Lang.
3. World Hydrography Day is observed on June 21st
• World Hydrography Day (WHD) is being observed annually on 21 June to publicise the work of hydrographers and the importance of hydrography.
• The observance of the day emphasizes importance of hydrography particularly in protection of marine reserves and also promotion of safe navigation in international waters and ports.

SPORTS
1. Silver Medal Won by India at Archery World Cup in Antalya
• The Indian mixed recurve team of Deepika Kumari and Atanu Das has won the silver medal at the Archery World Cup held in Antalya, Turkey.
• In the final match played at Konyaalti Beach Park, the Indian team lost to South Korea
2. Cavaliers Defeat Warriors to Win First N.B.A. Title
• For the first time, the Cleveland Cavaliers are NBA champions. The Cavs defeated the Golden State Warriors to win the title.
• It's the city's first major sports championship since the Browns won the NFL championship in 1964.

STATE
1. Plan to set up premier digital, innovation centers in State
• Chairman of Innovation Society of Andhra Pradesh J.A. Chowdary plans to set up an International Institute of Digital Technology in Tirupati and an Innovation and Technology Park in Andhra University.
• Digital technology is sweeping the world with employment dropping in the IT services, and there is going to be a lot of virtualization, where, with increasing competition, jobs can be taken from anywhere.
2. TS signs 3 MoUs with China’s Hainan province
• Telangana Government has begun to forge closer relationship with China with as many as three agreements put in place Hainan Province.
• The first one was a Memorandum of Understanding (MoU) for establishment of a sister-province relationship, the second was with Apollo Hospitals to set up a hospital there and the third was with the T-Hub to encourage start-ups.
3. IGNOU opens 2 study centers
• The Indira Gandhi National Open University (IGNOU) has opened Study Centers at the SKBR College at Amalapuram and the Sri GSR College at Rajam. In both the centers 14 academic programmes have been activated to start with and more programmes would be added soon depending upon the demand.
4. Nannaya varsity to offer diploma in yoga
• Adikavi Nannaya University has signed a Memorandum of Understanding with Sri Raparthy Rama Institute of Yoga at Kanavaram village in Rajanagaram mandal of East Godavari district to offer Post-Graduate Diploma Course in Yoga from this academic year 2016-17.
• The importance of Yoga has no religion and already got momentum all over the world and in USA people are spending thousands of dollars on this.

SURVEYS
1. Environmental activist murders set record as 2015 became deadliest year
• Global Witness says at least 185 activists were killed and anti-mining activities were the most deadly with 42 deaths related to protests.
• Global Witness documented lethal attacks across 16 countries. Brazil was worst hit with 50 deaths, many of them killings of campaigners who were trying to combat illegal logging in the Amazon. The Philippines was second with 33