June 01, 2018

1st June 2018 Daily Current Affairs - PDF Download

Daily Current Affairs of 1st June 2018

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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.

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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