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Daily Current Affairs of 1st June 2018
International Current Affairs
- Today is World Milk Day
- This day was initiated on 1st June 2001 by the Food and Agriculture Organization (FAO) of the United Nations to celebrate all aspects of milk as a global food.
- Important Note : Don't be confused this day with National Milk Day. National Milk Day is different. We observe National Milk Day on 26th November to celebrate the birth anniversary of Dr. Verghese Kurien.
- Theme of World Milk Day 2018 : "Drink Move Be Strong".
- Today (1st June) is Global Day of Parents.
- This is a United Nations (UN) observance to honor parents and their commitment to children worldwide.
- As part of Digital India Initiative, Prime Minister Narendra Modi today launched BHIM, RuPay and SBI mobile payment applications in Singapore at a business event focussed on digital platforms.
- These financial remittances are for Indian diaspora in Singapore.
- Prime Minister of Spain Mariano Rajoy lost a confidence vote in the Parliament today.
- Uganda today passed a bill for "social media tax" imposing a daily fee of about 200 shillings (₹3.57) for using platforms like WhatsApp, Facebook, and Twitter.
- Denmark today voted in favour of a ban on full-face veils in public, including Islamic veils such as the niqab or burqa.
- World's largest international maritime warfare exercise, RIMPAC (Rim of the Pacific Exercise) will be held from 27th June 2018 to 2nd August 2018.
- As many as 26 countries, including India, will participate in the biennial exercise.
National Current Affairs
- The Andhra Pradesh government has announced a first of it's kind monthly allowance of ₹1,000 each to unemployed graduate youths in the state with an upper age limit of 35.
- The Unique Identification Authority of India (UIDAI) has extended the deadline for service providers to implement the Virtual ID (VID) system to July 1.
- Note : The Virtual ID system aims to give users the option of not sharing their Aadhaar number with service providers and give them a 16-digit temporarily generated VID instead.
- The 1st biannual Indian Air Force Commanders' Conference was inaugurated held at Air Headquarters, New Delhi.
- This conference was inaugurated by Defence Minister Nirmala Sitharaman.
- Minister of State for Defence Dr Subhash Bhamre, Air Chief Marshal BS Dhanoa were among those who were present at the conference.
Banking, Business & Economic Affairs
- The government has met its revised fiscal deficit target for 2017-18 at 3.53% of the Gross Domestic Product (GDP).
- The government had originally set a fiscal deficit target of 3.2% of GDP but revised it to 3.5% at the time of Budget 2018.
- The revenue deficit during fiscal 2017-18 was ₹4.43 trillion or 101% of the Budget estimate.
- India has decided to go ahead with acquiring the S-400 anti-aircraft missile system from Russia despite the US warning against the procurement.
- The ₹40,000-crore deal will be announced during a summit between PM Narendra Modi and President Vladimir Putin in October.
- Malaysia has set up a trust fund for the public titled Malaysia Hope Fund, to donate money to help the government repay the country's debt.
- Note : Malaysia's national debt amounts to $250.8 billion which is 80% of its GDP.
Deaths
- Maharashtra Agriculture Minister Pandurang Pundalik Fundkar (67) passed away after suffering a cardiac arrest.
Awards & Honors
- Kerala cartoonist Thomas Antony has won the 13th edition of the World Press Cartoon award, in the best caricature category.
- 14-year-old Indian-American boy, Karthik Nemmani, has won the 91st Scripps National Spelling Bee contest held annually in the US, becoming the 14th consecutive Indian-American champion in 11 consecutive years.
- American rapper and songwriter Kendrick Lamar made history by becoming the first hip-hop artist to win a Pulitzer Prize for Music.
- Note : The Pulitzer Prize for Music is one of the seven American Pulitzer Prizes that are annually awarded for Letters, Drama, and Music.
New Appointments
- Justice Krishna Murari of the Allahabad High Court has been appointed as the as the Chief Justice of Punjab and Haryana High Court.
- Vijay Mallya's son Siddarth has replaced him as the Director of Force India'.
- Note : The Indian businessman was part of a consortium that bought the Spyker team in 2007 and renamed it Force India.
- Lt Gen Ranbir Singh has been appointed as the new Northern Army commander.
- He replaces Lt Gen Anbu who has been appointed as the Vice-Chief of the Indian Army.
MOUs & Agreements
- India and World Bank signed a 500 million Dollar loan agreement to provide additional financing for the Pradhan Mantri Gram Sadak Yojana (PMGSY) Rural Roads Project.
- The project was implemented by Ministry of Rural Development, which will build 7,000 km of climate resilient roads, out of which 3,500 km will be constructed using green technologies.
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