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Sher Bahadur Deuba elected as 40th Prime Minister of Nepal

Sher Bahadur Deuba,70, has been elected as Nepal’s Prime Minister for the fourth time. He was the only candidate who contested in the election as the main opposition party UML decided to end the obstruction of parliament and did not register its candidates for the election. Deuba managed to secure 388 votes in the 593 strong Parliament in order to prove his majority. Deuba has served as Nepal’s prime minister for three terms from 1995 to 1997, from 2001 to 2002, and from 2004 to 2005. In 2005, during his third term he was sacked by the then King Gyanendra Shah in 2005 over his failure to hold elections and bring Maoist rebels to negotiations.

Sachin to become part of the UN Campaign Highlighting Role of Father’s in Child’s Development

Sachin Tendulkar will join other global celebrities like Dravid, Beckham, Novak Djokovic, Academy Award winning American actor Mahershala Ali, British Formula One racing driver Lewis Hamilton and Australian actor Hugh Jackman for UNICEF’s ‘Super Dads’ campaign that highlights the critical role played by fathers in children’s early development. The initiative is aimed at celebrating fatherhood and highlights the importance of

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Daily Current Affairs 1 June 2017: Your guide for daily General Knowledge Preparation

Dear Readers,
This article, Daily Current Affairs 1 June 2017, includes all Major National, International, Business, and Sports events. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through this article, that is, Daily Current Affairs 1 June 2017, we would recommend to you to try 1 June 2017 Current affairs test.
Important Days and Dates
World Milk Day: June-1
Every year June 1 is observed as World Milk Day. This Day provides an opportunity to focus attention on milk and to publicise activities connected with milk and the dairy industry.World Milk Day is established by the Food and Agriculture Organization
Theme of 2017 World Milk Day – “Raise a Glass”
National News
1. Ramachandra Guha quits as BCCI administrator.
  • Ramachandra Guha has resigned from BCCI’s four-member Committee of Administrators.
  • The Committee of Administrators was appointed by the Supreme Court to implement the Lodha panel recommendations on the Board of Control for Cricket in India.
  • Guha has quit citing personal reasons.
  • Ramachandra Guha is an Indian historian and writer whose research interests include environmental, social, political and cricket history.
2Telangana govt launches T-Wallet.
  • Telangana Government has launched a digital wallet, named T-Wallet.
  • Telangana became the first state in the country to launch official e-wallet.
  • T Wallet app will use two-factor authentication either Aadhaar+OTP or Aadhaar+Biometric.
  • Transaction Analysts has partnered with Telangana to develop T-Wallet while Vijaya Bank will act as the banking partner.
3. Railways introduces Buy Now, Pay Later service.
  • The Indian Railways has introduced ‘Buy Now, Pay Later’ service for passengersto make payment for tickets booked online within a window of 15 days.
  • The facility is available for confirmed, waitlisted and RAC births.
  • Those opting for it will have to pay 3.5 percent plus taxes extra for the service.
  • Mumbai based fintech firm ePayLater has joined hands with IRCTC for adding the new feature to Indian Railways ticket booking services.
  • Suresh Prabhu – Minister of Railways
4. Researchers develop new technology to manufacture biofuel.
  • Researchers at IIT Kharagpur have developed a new technology which will change the way biofuel is manufactured.
  • The ‘soil-to-soil’ manufacturing technology will make the process cheaper, quicker and pollution-free.
  • It will make use of natural resources to extract gaseous and liquid biofuel and then converts the wastes into bio fertilizer.
  • The project is funded by the Ministry of Petroleum and Natural Gas, Department of Science and Technology and the Ministry of Human Resource Development.
 
International News
1. Iceland rated world’s most peaceful country.
  • Iceland is followed by New Zealand and Portugal, while Syria has been named the least peaceful country.
  • India is ranked at 137th position.
  • According to the study, 93 countries have improved their ranking while ranking of 68 countries have deteriorated as compared to last year.
2. Miroslav Lajcak to be next president of UNGA.
  • United Nations General Assembly has picked Miroslav Lajcak to be its next president.
  • He will succeed Peter Thomson, in September and chair the assembly’s 72nd session.
  • He is a Slovak diplomat and currently the Minister of Foreign Affairs.
  • He was in charge of organizing a referendum on the independence of Montenegro from Yugoslavia in 2006.
  • Headquarters of UNGA – New York, United States
Business News
1. ADB and PNB sign $100 million loan.
  • Asian Development Bank and Punjab National Bank has signed a $100 million loan which will be guaranteed by the Government of India.
  • The loan will be used to finance large solar rooftop systems on industrial and commercial buildings throughout India.
  • This is the first tranche loan of the $500 million multi tranche finance facility Solar Rooftop Investment Program (SRIP) approved by ADB in 2016.
  • This will contribute to the climate change goal of reducing greenhouse gas emissions by about 11 million tons of carbon dioxide equivalent over the typical 25-year lifetime of rooftop solar systems.
  • CEO of PNB – Sunil Mehta
  • President of ADB – Takehiko Nakao
2. India to have its own Mobile World Congress.
  • India for the first time will have its own mobile mega show ‘India Mobile Congress’ from September 27-29.
  • The event will be held at Pragati Maidan, New Delhi.
  • The conference at the upcoming event will have special emphasis on topics like Internet governance, 5G, sustainable Wi-Fi, smart cities and smart governance and Internet of Things
  • Indian telecom market is the second-largest in the world after China and has a total subscriber base of over 1.18 billion.
  • It will be organised by Cellular Operators’ Association of India (COAI) with support from the Department of Telecommunications and Ministry of Electronics and Information Technology
Sports News
1. Manchester United named most valuable football club.
  • According to the latest KPMG Football Clubs’ Valuation report,Manchester United have been revealed as the most valuable football club in Europe.
  • According to KPMG the club has an enterprise value of €3 billion.
  • Manchester United have overtaken Real Madrid to become Europe’s most valuable club while Barcelona is ranked third.
  • Manchester United finished sixth on the Premier League.
2. Afghanistan cancels all cricketing ties with Pakistan.
  • Afghanistan Cricket Board has cancelled its scheduled T20 series with Pakistan.
  • This comes after suicide blast in Kabul’s diplomatic district where at least 90 people were killed and 400 were wounded.
  • Afghanistan’s intelligence agency has blamed Pakistan and the Taliban-linked Haqqani network for the attack.

Daily Current Affairs 2 June 2017: Your guide for daily General Knowledge Preparation

Dear Readers,
This article, Daily Current Affairs 2 June 2017, includes all Major National, International, Business, and Sports events. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through this article, that is, Daily Current Affairs 2 June 2017, we would recommend to you to try 2 June 2017 Current affairs test.
National News
1India and Russia ink nuclear plant pact.
  • India and Russia have signed agreement on setting up two more units of a nuclear power plant in Tamil Nadu.
  • The reactors will be built by Nuclear Power Corporation of India and Russia’s Atomstroyexport.
  • It will cost about Rs 50,000 crore, half of it being funded by Russia as loan.
  • The two countries also decided to hold the first tri-Services exercises, named ‘Indra-2017,’ this year.
  • President of Russia – Vladimir Putin
2Prithvi-II successfully test-fired.
  • India successfully test-fired it’s indigenously developed nuclear capable Prithvi-II missile from a test range in Odisha.
  • The Prithvi-II missile is capable of carrying 500 kg to 1,000 kg of warheads and is thrusted by liquid propulsion twin engines.
  • It a surface-to-surface medium range ballistic missile and has a strike range of 350 km.
  • It is a joint initiative of Defence Research and Development Organisation and Bharat Dynamics Limited.
 
3. Odisha’s first mega food park opens.
  • Harsimrat Kaur Badal, Minister of Food Processing Industries inaugurated first Mega Food Park in the state of Odisha.
  • This is the 7th Mega Food Park operationalized in the last 3 years by the government.
  • Government of India has provided a financial assistance of Rs. 50 Crore to the project.
  • The Food Park will leverage an additional investment of about Rs. 250 crore in 25-30 food processing units in the park and generate a turnover of about Rs. 450-500 Crore annually.
  • Chief Minister of Odisha – Naveen Patnaik.
4. Indian film Ralang Road to compete for top spot at Karlovy Vary Film Festival.
  • Ralang Road will represent India at the 52nd Karlovy Vary International Film Festival at Karlovy Vary.
  • Ralang Road has been nominated for the Crystal Globe Award along with 11 other films from around the world.
  • It has been directed by Karma Takapa and produced by HumanTrail Pictures.
  • It will be after 13 years that an Indian film will compete with other international films at this film festival.
International News 
1. Japan launches satellite to improve GPS.
  • Japan has launched a new satellite to improve the global positioning system’s accuracy and establish an efficient communication system in the event of natural disasters.
  • Michibiki 2 is Japan’s second Quasi-Zenith satellite.
  • The first Michibiki satellite was launched in September 2010. JAXA plans to launch two more by March 2018.
  • The Japan Aerospace Exploration Agency and Mitsubishi Heavy Industries launched the latest version of the H-IIA rocket with the Michibiki 2 communications satellite.
  • Space Agency of Japan – Japan Aerospace Exploration Agency (JAXA) 
2. China becomes fastest growing economy.
  • China overtook India as World’s fastest growing economy.
  • India’s GDP growth slowed to 6.1% in the fourth quarter while China recorded a growth rate of 6.9%.
  • The GDP growth for the year also fell from 8% to 7.1%.
  • In terms of annual GDP growth, India remains the fastest growing major economy in the world.
  • Chinese central bank – People’s Bank of China
3. Trump pulls US out of Paris Climate Accord
  • US president Trump announced that the United States would withdraw from the Paris climate accord.
  • Trump said that the Paris agreement gives undue advantage to India and China, the world’s leading polluters.
  • 195 countries have signed this agreement. By pulling out of the deal US will join Syria and Nicaragua as nations who are not part of the deal.
  • Paris Climate Accord is an agreement within the United Nations Framework Convention on Climate Change that deals with greenhouse gas emissions mitigation, adaptation and finance starting in the year 2020.
  • The objective of this agreement is to limit the global average temperature to below 2 °C above pre-industrial levels. 
Business News
1. Airtel-Telenor merger gets Regulatory approval.
  • Bharti Airtel has received the merger approval between Airtel and Telenor Communications from SEBI, BSE and NSE.
  • The Telenor will give Bharti Airtel additional spectrum in 1,800 MHz band besides a foothold in seven circles.
  • Airtel in February announced to buy Telenor’s India operations.
  • The deal was estimated to be in the range of Rs. 1,800-Rs. 2,000 crores.
  • CEO of Bharti Airtel – Gopal Vittal
  • CEO of Telenor India – Sharad Mehrotra
Sports News
1. West Indies cricket team officially renamed.
  • The West Indies Cricket Board have officially changed their name to Cricket West Indies.
  • While West Indies cricket team has been officially renamed as WINDIES.
  • Carlos Brathwaite is captain of the West Indies Twenty20 International team while Jason Holder is the captain of the West Indies Test and One Day International team.

Daily Current Affairs 3 June 2017: Your guide for daily General Knowledge Preparation

Dear Readers,
This article, Daily Current Affairs 3 June 2017, includes all Major National, International, Business, and Sports events. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through this article, that is, Daily Current Affairs 3 June 2017, we would recommend to you to try 3 June 2017 Current affairs test.
National News
1. Indian Army team climb Mount Everest without using oxygen cylinders.
  • A team of four Indian Army personnel successfully climbed Mount Everest without using oxygen cylinders.
  • They have become the first team to scale the world’s highest peak without supplementary oxygen.
  • More than 4,000 people have so far climbed the 8,848-metre peak, of which only 187 people have done this without oxygen on individual basis.
  • Mount Everest is Earth’s highest mountain having height of 8,848 m.
2. IIT Kharagpur develops Ambu Sens.
  • IIT Kharagpur has developed a wireless technology to remotely monitor condition of patients ferried in ambulances.
  • ‘AmbuSens’, the technology has been developed in the SWAN lab of the Department of Computer Science and Engineering at IIT Kharagpur.
  • It is capable of wireless monitoring of various physiological parameters like ECG, heart-rate, temperature and blood-pressure.
  • It can be used to ensure remote monitoring of patient condition by the doctors even before they reach the hospital.
3. Samsung to setup technical schools.
  • Samsung India has signed a MoU with the Ministry of MSME for setting up two new Samsung Technical Schools in Bengaluru and Jamshedpur.
  • The company announced MSME-Samsung Technical School Scholarship programme, under which 1,000 girls and differently-abled trainees will be given a grant of up to Rs. 20,000.
  • Samsung already runs 10 such schools in collaboration with Departments of Technical Education.
4. SEBI forms committee on corporate governance.
  • Markets regulator SEBI has set up a committee to improve the standards of corporate governance of listed companies.
  • The committee will be setup under the chairmanship of Uday Kotak, chief of Kotak Mahindra Bank.
  • The committee would make recommendations to SEBI on ensuring independence in spirit of independent directors.
  • The panel would also suggest measures for addressing issues faced by investors on voting and ways for improving effectiveness of board evaluation practices.
  • Chairman of SEBI – Ajay Tyagi
International News
1. Leo Varadkar to be next Ireland PM.
  • Ireland’s governing Fine Gael party has elected Indian origin Leo Varadkar to become Republic of Ireland’s next Prime Minister.
  • He will become Ireland’s youngest ever and first gay Prime Minister.
  • He will be succeeding Enda Kenny.
  • Capital of Ireland – Dublin
  • Currency of Ireland – Euro
2. UN Security Council expands sanctions against North Korea.
  • UN Security Council unanimously passed a resolution with new sanctions against North Korea after it launched its ninth ballistic missile test of the year.
  • The new sanctions extend a travel ban and asset freeze on high-level North Korean officials and state entities that deal with the program.
  • The U.N. resolution sanctions four North Korean entities, which include trading firms Koryo Bank and the Strategic Rocket Force of the Korean People’s Army as well as fourteen people.
  • The U.N. Security Council first imposed sanctions on Pyongyang in 2006 over its ballistic missile and nuclear programs.
  • Headquarters of UNSC – New York, United States
3. Chinese malware ‘Fireball’ hits computers globally.
  • A Chinese malware named ‘Fireball’ has infected over 250 million computers worldwide.
  • The new threat called “Fireball” is designed to hijack browsers to change the default search engine and track their web traffic on behalf of a Beijing-based digital marketing firm called Rafotech.
  • Fireball has the ability to spy on victims, perform efficient malware dropping, and execute any malicious code in the infected machines.
  • Countries like India and Brazil are worst hit with close to 25 million infected machines each.
Business News
1. Vivo becomes smartphone sponsor for FIFA World Cup.
  • Vivo has become the official sponsor for the 2018 and 2022 editions of FIFA World Cup.
  • Vivo has signed an agreement with International Federation of Association Football to sponsor the FIFA World Cup for six years.
  • It will pay about 60-70 million euros a year to sponsor tournaments.
  • Vivo sponsors the Indian Premier League and Pro Kabaddi League in India.
  • 2018 FIFA World Cup will be held in Russia while 2022 edition will be held in Qatar.
Sports News
1. Lionel Messi theme park to open in China.
  • Lionel Messi’s amusement park “Messi Experience Park” will open in China in 2019.
  • The park will use virtual and augmented reality to re-run the highlights of his career and take people through training sessions with a VR Messi.
  • Messi hopes it would inspire a new generation of footballers in China.
  • Mediapro will run the theme park along with Phoenix Group.
  • Messi is an Argentine footballer who plays as a forward for Barcelona and the Argentina national team.
2. Nitin Kumar wins boys singles title.
  • Indian wild card Nitin Kumar Sinha defeated Malaysian player Christian Didier Chin to win the boys singles title of HCL Asian Junior Tennis Championship.
  • Nitin defeated Chin 6-4, 4-6, 6-2 in a final match.

Daily Current Affairs 4 June 2017: Your guide for daily General Knowledge Preparation

Dear Readers,
This article, Daily Current Affairs 4 June 2017, includes all Major National, International, Business, and Sports events. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through this article, that is, Daily Current Affairs 4 June 2017, we would recommend to you to try 4 June 2017 Current affairs test.
National News
1. India tests Quick Reaction missile for 1st time.
  • India successfully test fired Quick Reaction Surface to Air Missile from Chandipur in Odisha.
  • The missile’s strike range is 20 to 30 kms and is capable of hitting multiple targets.
  • It is developed jointly by DRDO and Bharat Electronics.
  • It is an all-weather, truck-mounted missile system.
2All states agree to GST rollout from July 1.
  • GST Council has cleared the pending rules, including transition provisions and returns.
  • All the states have agreed to July 1 roll out of the Goods and Services Tax.
  • West Bengal Chief Minister Mamata Banerjee has said that her government would not support the new GST system in its present form.
  • GST is governed by GST Council and its Chairman is Finance Minister of India – Arun Jaitley.
3. Abdul Rahman passes away.
  • Tamil poet S. Abdul Rahman, popularly known as ‘Kavikko,’ passed away in Chennai.
  • He was ranked among the few who introduced modernism to Tamil poetry.
  • He received several awards and honours such as ‘Kalaimamani’ title, and ‘Agni Akshara’ Award.
  • He was also awarded Sahitya Akademi award in 1999 for his collection of poems, Aalapanai.
  • He even introduced Sufism to Tamil poetry and translated many Urdu and Hindi poems into Tamil.
4. Shashi Shekhar Vempati named CEO of Prasar Bharati.
  • Shashi Shekhar Vempati has been named chief executive officer of Prasar Bharati.
  • He will replace Rajeev Singh, who has been serving as interim CEO since February 2017.
  • He will be the first non-Indian Administrative Service officer to head the public broadcaster.
  • Prasar Bharati runs state-run Doordarshan television and All India Radio.
International News 
1. Muslim children forced to drop ‘religious’ names in China.
  • Muslim children in China’s Xinjiang region are being forced to change their names which have been deemed “overly religious” by authorities.
  • As many as 15 names have been banned, including Islam, Quran, Mecca, Jihad, Imam.
  • Xinjiang’s Muslims mostly belonging to the Uighur ethnic group.
  • Xinjiang has occasionally seen sporadic violence, which China blames on international terrorist groups.
2. UN General Assembly elects five non-Permanent UNSC Members.
  • The UN General Assembly elected Cote D’Ivoire, Equatorial Guinea, Kuwait, Poland and Peru as the non-permanent members of the Security Council for a two-year term beginning January 1, 2018.
  • The General Assembly also voted to approve the Netherlands taking over from Italy in 2017 after the countries agreed to split a two-year term between them.
  • UN Security Council is made up of 10 elected members and five permanent veto-wielding powers.
  • Headquarters of UNSC – New York, United States
Business News
1. BEML bags Raksha Mantri’s award.
  • BEML Ltd has bagged the ‘Raksha Mantri’s Award for Excellence’ under the group award category for design and development of 180 tonne class electric hydraulic excavator – BE1800E.
  • BE1800E is the biggest-ever excavator designed and developed in India.
  • It is packed with leading-edge technologies, and offers a host of advantages, maintainability and operator comfort, and low operating cost.
  • Chairman and Managing Director of BEML – Deepak Kumar Hota
Sports News
1. India’s Sai Praneeth wins Thailand Open men’s singles title.
  • Indian shuttler B Sai Praneeth lifted his maiden Thailand Grand Prix Gold Title.
  • He defeated Indonesian Jonatan Christie 17-21 21-18 21-19 in the finals.
  • This is Praneeth’s second consecutive title win, following the Singapore Open victory.
  • He is currently ranked 24th in the world.
2. Real Madrid first to retain 2017 UEFA Champions League title.
  • Real Madrid defeated Juventus 4-1 in finals to win 2017 UEFA Champions League.
  • Real Madrid became the first team to retain the UEFA Champions League.
  • This is Madrid’s 12th Champions League title.
  • Cristiano Ronaldo became the first player to score in three finals of Champions League.

Daily Current Affairs 5 June 2017: Your guide for daily General Knowledge Preparation

Dear Readers,
This article, Daily Current Affairs 5 June 2017, includes all Major National, International, Business, and Sports events. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through this article, that is, Daily Current Affairs 5 June 2017, we would recommend to you to try 5 June 2017 Current affairs test.
Important Days and Dates
World Environment Day: June-5
Every year June 5 is observed as World Environment Day. This Day provides an opportunity to encourage worldwide awareness and action for the protection of our environment. It has been a flagship campaign for raising awareness on emerging environmental issues from marine pollution, human overpopulation, and global warming, to sustainable consumption and wildlife crime.
Theme of 2017 World Environment Day – “Connecting People to Nature”
Host Country of 2017 World Environment Day – Canada
National News
1. ISRO successfully launches India’s heaviest rocket.
  • Indian Space Research Organisation launched India’s heaviest rocket – Geosynchronous Satellite Launch Vehicle-Mark III along with a communications satellite GSAT-19.
  • The Fat Boy satellite is 43.43 metres in height and 4 metre round. It has a lift off mass of 640 tonnes, equal to the weight of 200 elephants.
  • The rocket’s main and bigger cryogenic engine has been developed by space scientists indigenously.
  • It will help India reduce dependency on international launching vehicles.
  • It has been developed at a cost of Rs. 300 crore.
2. Vizianagaram bags MGNREGA National Award.
  • Ministry of Rural Development has selected Vizianagaram across the nation for the MGNREGA annual award for effective implementation of the Mahatma Gandhi National Rural Employment Guarantee Act during 2015-16.
  • Vizianagaram generated works for 3,61,668 households in 2015-16 and disbursed Rs. 483.42 crore as wages with an average of Rs. 106.
  • Using MGNREGA convergence grants, 154 fish- breeding units and an equal number of vegetable pandals were taken up.
  • Vizianagaram is in Andhra Pradesh.
  • Full Form of MGNREGA – Mahatma Gandhi National Rural Employment Guarantee Act.
3. E-taxi service launched in Hyderabad.
  • An e-taxi service was launched in Hyderabad to mark the World Environment Day.
  • The taxis will operate from different parts of the city to Rajiv Gandhi International Airport.
  • The e-taxis have been launched by Green Mile.
  • 5 e-taxis have been launched on a pilot basis while within next one month 25 e-taxis will be deployed.
  • One diesel taxi emits exhaust fumes equivalent of 25 private diesel cars while electric vehicles emit zero tailpipe emissions.
4. India’s first bicycle sharing scheme ‘Trin Trin’.
  • City of Mysuru got India’s first bicycle sharing scheme which was launched by Chief Minister Siddharamaiah.
  • The PBS system will have 450 bicycles and 48 docking stations at major tourist destinations, universities and offices.
  • ‘Trin Trin’ in Mysuru is being implemented and operated by Green Wheel Ride.
  • The project is run by the State government and was funded by the World Bank under its Global Environment Facility grant.
  • The total project cost is Rs. 20 crore.
International News
1. India tops global retail index.
  • India has surpassed China to secure the top position among 30 developing countries on ease of doing business in retail sector.
  • China stood at 2nd position.
  • This is the 16th edition of the Global Retail Development Index.
  • India’s retail sector is projected to grow 30 per cent annually and reach USD 48 billion by 2020.
  • Rapid urbanization and a growing middle class with higher income levels is driving up consumption across the country. Efforts to boost cashless payments and GST are also expected to accelerate adoption of formal retail.
2. Arab states break ties with Qatar.
  • Saudi Arabia, Bahrain, Egypt and the United Arab Emirates broke off relations with Qatar.
  • The countries have accused Qatar of supporting terrorism and destabilizing the region.
  • Qatar has been ejected from the Saudi-led coalition.
  • Qatari citizens have been told they have 14 days to leave Saudi Arabia, Bahrain and the UAE, and those countries also banned their own citizens from entering Qatar.
  • About 80 percent of Qatar’s food requirements are sourced via bigger Gulf Arab neighbours.
Business News
1. RBI initiates prompt corrective action.
  • Reserve Bank of India has initiated Prompt Corrective Action for Dena Bank In view of high non-performing assets and negative return on assets.
  • Earlier similar action was initiated against UCO Bank, IDBI Bank, and Indian Overseas Bank.
  • The action will contribute to improve the internal controls of the bank and improvement in its activities.
  • CEO of Dena Bank – Shri. Ashwani Kumar
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