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.
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
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.
- 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.
- 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.
- 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.
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.
- 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.
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





