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Daily Current Affairs of 4th June 2018
International Current Affairs
- Today (4th June) is International Day of Innocent Children Victims of Aggression.
- This day affirms the UN's commitment to protect the rights of children.
- External Affairs Minister Sushma Swaraj is on a 5 day visit to South Africa.
- During this visit, she is attending the BRICS Foreign Ministers’ meeting.
- BRICS - Brazil, Russia, India, China and South Africa
- The meeting is expected to lay the foundation for the annual summit of the grouping in Johannesburg next month.
- The other foreign ministers attending the meeting were China’s Wang Yi, South Africa’s Lindiwe Sisulu, Brazil’s Marcos Bezerra Abbott Galvao and Russia’s Sergey Lavrov.
- The 3rd Home Affairs’ Dialogue between India and U.K. was held in New Delhi.
- The Government of India Delegation was led by Rajiv Gauba, Union Home Secretary and the Delegation from Home Office of the U.K. was led by its Second Permanent Secretary Patsy Wilkinson.
- The Dialogue covered a wide range of issues including cyber security, women safety, organized crime, terror financing etc. and a need to put in place a mechanism for timely exchange of information and intelligence inputs on such issues.
- The 29th anniversary of Tiananmen Square protests / massacre is being observed in China.
- On this day (4th June) in the year 1989, the Chinese troops had violently retook the Tiananmen Square in Beijing from the pro-democracy protesters.
- India and the United States have pledged to continue their strong bilateral strategic partnership, after a meeting between Prime Minister Narendra Modi and US Defence Secretary Jim Mattis.
- Both leaders met on the sidelines of the Shangri-La Dialogue in Singapore.
- Tomorrow is World Environment Day.
- For spreading awareness globally, UN celebrates World Environment Day on 5th June of every year.
Banking, Business & Economic Affairs
- To focus on creating awareness among customers of banks, the Reserve Bank of India (RBI) is conducting Financial Literacy Week, which is starting from today (4th June).
- Theme of Financial Literacy Week : ‘Customer Protection’.
- The government planning to merge at least four state-run banks including IDBI Bank, Bank of Baroda, Central Bank of India, and Oriental Bank of Commerce.
- With combined assets of ₹16.58 trillion, the merged entity would become India's second-largest bank after the State Bank of India (SBI).
- The government today clarified that the GST will not be applicable to free banking services such as cheque book issuance and ATM withdrawals.
- However, interest charged on outstanding credit card bills, and exit fee paid by investors of mutual funds will be taxable under GST.
- India today received the first shipment of its so far cheapest Liquefied Natural Gas (LNG) from Russian supplier Gazprom.
- The LNG has been delivered at a price close to USD 7 per million British Thermal Unit (mmBtu).
- Note : This price is around 1.5 USD cheaper from the LNG imported from Qatar, which is India’s oldest and largest supplier of LNG.
Science & Technology
- Union Culture and Environment Minister Mahesh Sharma has announced that a scientific study called Colour Stereography will be done on the Taj Mahal to determine its exact colour.
Awards & Honors
- Indian cricketer Yuvraj Singh has been awarded the ‘Most inspiring icon of the year for Social Welfare’ award by the Dadasaheb Phalke International Film Festival (DPIFF) for his exemplary contribution in the field of social welfare.
New Appointments
- The government today appointed IDBI Bank Managing Director Mahesh Kumar Jain as the Deputy Governor of the Reserve Bank of India (RBI).
- He has replaced former deputy governor SS Mundra, who completed his three-year term in July 2017.
- Governor of RBI : Dr. Urjit R. Patel
- Deputy Governors of RBI :
- N. S. Vishwanathan (appointed on 4th July 2016)
- Viral V. Acharya (appointed on 23rd January 2017)
- B. P. Kanungo (appointed on 3rd April 2017)
- M. K. Jain (appointed on 4th June 2018)
Sports Current Affairs
- Afghanistan's 19-year-old spinner Rashid Khan became the world's fastest cricketer to reach 50 wickets in T20I cricket after reaching the milestone with a wicket on his first ball of the match against Bangladesh.
- The CBSE today declared the results of the Medical entrance exam National Eligibility Entrance Test (NEET) 2018.
- Delhi's Kalpana Kumari has topped the exam with a percentile of 99.99.
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