Current Affairs Daily Updates June 19th 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!!!

1. Bipin R Patel appointed as President of Gujarat Chamber of Commerce and Industry.
• Businessman Bipin R Patel was appointed as the President of Gujarat Chamber of Commerce and Industry (GCCI) for the term 2016-17. He succeeds Rohit J Patel.
• The decision in this regard was taken during the annual general meeting (AGM) of the GCCI. In another development, Shailesh Patwari was appointed as the Senior Vice-President of the chamber.

1. Kannada film ‘Thithi’ wins best film award in 19th Shanghai International Film Festival.
• Thithi ‘, a Kannada film won the best film award and best script writers award at the Asia New Talent Awards in the 19th Shanghai International Film Festival.
• The director, Raam Reddy made his debut through this film. It is the only Indian film that has been selected for screening in the festival of Shanghai.
• The Jury was from China, Japan, and Korea and they unanimously loved the film.

1. Bandhan Bank set to achieve targeted deposits of Rs. 3,600 crore this fiscal
• Kolkata-based Bandhan Bank may be well on-course to achieve its targeted growth in deposit base.
• Within the first three months of this fiscal, it has been able to mobilize over 50 per cent of its targeted deposits of Rs. 3,600 crore.
• Bandhan Bank has from April to mid-June, mobilized deposits to the tune of Rs. 2,000 crore.

1. Prominent educationist Jeppiaar dies in Chennai
• Jeppiaar, a renowned politician-turned-educationalist and founder of Jeppiaar Educational Trust, passed away following a brief illness at Chennai. He was 85.
• He was originally named as Jesadimai Pangiraj. He was a pioneer in the setting up of private engineering institutions in Tamil Nadu and was the founder chancellor of Sathyabama University.

1. Odisha electronics park likely to attract Rs 1,000 crore investment
• Odisha government is expecting around Rs 1,000 crore investment in the proposed Greenfield Electronics Park, spread over an area of 203 acres, in the state capital.
• The park is ready to house around 100 units of electronics manufacturing cluster with state-of-the-art, infrastructure and common facilities.
• The Odisha Industrial Infrastructure Development Corporation (IDCO) is developing the park and master planning has been done by Jurong Consultants, Singapore.
2. Niue's currency coins have cartoon characters
• Niue, an island country in the Pacific has coins displaying popular fiction characters on its currency, the Niue dollar.
• The coins have a Disney series, featuring characters like Mickey Mouse, Goofy, and Snow White, apart from other series like Star Wars, Pokemon, the Godfather and Doctor Who.
• The country also earns royalty whenever a coin is purchased by collectors.
3. Two-day ‘Rajswa Gyansangam’, an annual conference of tax administrators held in New Delhi
• The two day "Rajswa Gyansangam- Annual Conference of Tax Administrators-2016” concluded. "Rajswa Gyansangam” was held in national capital, 2016 and marked a new height in the generation of innovative ideas and opened new frontiers for the tax administrators.
• The Prime Minister Shri Modi stressed that facilitation should be the core of the tax ecosystem and the fear of the law rather than the law enforcer should be the maxim on which tax administrators should work. While acknowledging the significant role of revenue collection in the growth and development of the country, he exalted the revenue officers to achieve high standards in taxpayer friendly services towards compliant tax payers.
• The Prime Minister Shri Narendra Modi emphasized that “RAPID” (Revenue, Accountability, Probity, Information, Digitization) should become the cornerstone of tax architecture.

1. Iran reaches deal to purchase 100 Boeing planes
• Iran has reached an agreement with American aerospace giant Boeing to purchase 100 aircraft to renew its ageing fleet, though the deal must still be approved by the US government.
• Head of civil aviation authority, Ali Abedzadeh Announced that country has 250 planes out of which 230 needs to be replaced.
2. Canada's parliament passes assisted suicide bill
• Canada's parliament has passed a contentious bill to allow medically-assisted death for terminally ill people.
• The law was put forward after the Supreme Court struck down a ban on doctors helping the incurably sick to die.
• Assisted suicide is currently legal in just a few countries, including Switzerland, the Netherlands, Albania, Colombia and Japan.
3. Foreign Secretary Jaishankar visits China
• Foreign Secretary S Jaishankar made an unannounced visit to Beijing on June 16-17 to enlist support for India’s bid for membership of the Nuclear Suppliers Group which is being opposed by China.
• China has been strongly opposing India’s membership at the premier club arguing that it was not a signatory to the Nuclear Non-Proliferation Treaty (NPT).
• India has been reaching out to NSG member countries seeking support for its membership of the bloc whose members are allowed to trade in and export nuclear technology.

1. Delhi govt to disburse social security pensions every month
• In a major relief to over 6 lakh beneficiaries of old age, disability and widow pensions, the Delhi government has decided to disburse these every month.
• The Delhi government disburses Rs 1500 to each beneficiary under all the three categories. However, it makes a distinction between old people with those between 60 and 70 years of age entitled to a monthly pension of Rs 1000 and those above 70 getting Rs 1500.
2. Punjab became first state in India to provide free treatment to confirmed cases of Hepatitis C
• Punjab Chief Minister Parkash Singh Badal has launched a special fund called ‘Mukh Mantri Punjab Hepatitis C Relief Fund’ to provide free treatment for patients affected by Hepatitis C.
• Punjab has become the first state in the country to provide free treatment to confirmed cases of Hepatitis C.

1. India gets first women fighter pilots; Commissioned 3 pilots in Batch-1.
• The Indian Air Force (IAF) commissioned first three women fighter pilots. The batch of pilots was inducted at the Combined Graduation Parade at Air Force Academy, Dundigal near Hyderabad.
• With this, India joined the select few nations in the world that have women fighter pilots in their Air Forces.
The first three women fighter pilots of India are:
• Flying Officer Avani Chaturvedi
• Flying Officer Bhawana Kanth
• Flying Officer Mohana Singh

1. Centre gives nod to electronic park in Bhubaneswar
• The department of electronics and information technology (DeitY), government of India gave its final approval for setting up of a greenfield electronic park within the Infovally complex, a dedicated IT hub, on the outskirt of Bhubaneswar.
• The park, to be set up under Electronic Manufacturing Cluster (EMC) scheme of the Centre, will come up on 203 acres of land at a cost of Rs 205 crore. Out of this, the government of India will give a grant of Rs 95 crore with the rest being contributed by the state government.

1. International Space Station(ISS) astronauts return to Earth after six months
• Three astronauts landed back on Earth after completing a six-month mission on the International Space Station (ISS).
• Tim Peake, the first British astronaut on the ISS, Russia's Yury Malenchenko and American Tim Kopra parachuted down to the Kazakh steppe in Kazakhstan with Soyuz capsule after spending 186 days in orbit.
2. India's Homemade Trainer Aircraft HTT-40 Makes Inaugural Flight
• Public-sector aerospace and defence major Hindustan Aeronautics Limited (HAL) has inaugurated indigenous Basic Trainer Aircraft (BTA) HTT-40 in the presence of Defence Minister Manohar Parrikar.
• Commercial production of the trainer aircraft can generate nearly Rs 3,000-4,000 crore.

1. World Father’s Day is observed on 3rd Sunday of June
• Father's Day is a celebration honoring fathers and celebrating fatherhood, paternal bonds, and the influence of fathers in society.
• Many countries celebrate it on the third Sunday of June, but it is also celebrated widely on other days.

1. 106 year old woman becomes oldest Olympic torch bearer.
• Three years after becoming the world's oldest skydiver, Aida Gemanque became the oldest Olympic torch bearer
• she carried the flame in the Amazonian city of Macapa, aged 106.
• Gemanque broke the record formerly held by Alexander Kaptarenko, who was 101 when he took part in the Sochi 2014 Winter Olympics relay, Xinhua news agency reported.
2. BCCI tightens noose on fund distribution to states
• In its attempt to prevent a repeat of the Goa Cricket Association (GCA) alleged fraud, the Board of Control for Cricket in India (BCCI) to switch to electronic methods to distribute funds to all state associations.
• Goa Police had recently arrested three top-ranking GCA officials, including its president Chetan Desai, secretary Vinod Phadke and treasurer Akbar Mulla.
for allegedly encashing a Rs 3.13 crore cheque from the BCCI in 2006-07.

1. Rs. 5,000-cr infrastructure boost for city
• The city and its surrounding areas are witnessing something that has been long due development of infrastructure.
• Chief Minister Chandrababu Naidu to equip Vijayawada city and its surrounding areas with all the frills of a metropolitan city, development proposals pending for decades are finally being executed.
• With focus on the development of roads, flyovers, education facilities, hospitals and other civic projects to usher in higher standards of living, the city seems set for a makeover.

1. California overtakes France to become sixth-largest economy
• California has overtaken France as the world’s sixth-largest economy, fueled by strong growth and the dollar’s gains against foreign currencies. The most-populous US state, with a gross domestic product of $2.5 trillion, has also eclipsed recession-plagued Brazil.
• Governor Jerry Brown, 78, is running the state during an economic turnaround driven by technology companies including Facebook Inc. and Apple Inc., along with agricultural and manufacturing industries that lead the US.
• California grew by 4.1% in 2015, compared with a 2.4% increase for the US and 1.1% for France.