DAILY CURRENT AFFAIRS: 4TH JUNE 2017

DAILY CURRENT AFFAIRS: 4TH JUNE 2017
(DAILY NEWS INDIA)
SHARED BY: WWW.DAILYGK.IN

1. UTTARAKHAND GOVERNOR LAUNCHES VIDYA-VEERTA MISSION
i. Uttarakhand Governor K K Paul has launched the Vidya-Veerta Abhiyan in the state by presenting Vice Chancellors of universities with the portraits of Param Vir Chakra recipients.
ii. The Governor has presented the portraits to VCs of state universities and representatives of colleges. These portraits will be displayed at the institutions to pass the message to every citizen of this country is responsible for the country’s safety.
iii. Yogendra Yadav, who was honoured with the Param Vir Chakra after the Kargil War, was present on the occasion.

2. SBI FUNDS 100 MW ROOFTOP SOLAR PROJECTS UNDER WB PROGRAMME
i. State Bank of India has announced financing of 100 MW rooftop solar projects for private developers under a World Bank programme.
ii. The total cost is worth Rs 400 cr. SBI has availed loan of USD 625 million from the World Bank for on-lending to viable Grid-Connected Rooftop Solar PV projects.
iii. Under the programme, the developers that the SBI will be financing include Azure Power, Amplus, and Cleanmax.
iv. This programme will support the installation of more than 600 MW of rooftop solar capacity. SBI has also provided Rs 30,000 cr finance to the clean energy projects.
v. The SBI has so far sanctioned GRPV projects with aggregate capacity of 100 MW, and proposals are in the pipeline with aggregate capacity of around 125 MW.

3. SEBI CONSTITUTES COMMITTEE ON CORPORATE GOVERNANCE HEADED BY UDAY KOTAK
i. Under the chairmanship of Uday Kotak, Market Regulator SEBI has formed a Committee on Corporate Governance.
ii. Uday Kotak is an executive vice chairman and MD of Kotak Mahindra Bank. This move is aimed at improving the standards of corporate governance of listed companies.
iii. The panel has been mandated to submit the report within a period of 4 months. The steps required for improving effectiveness of board evaluation practices.
iv. It includes representatives of Corporate India, professional bodies, stock exchanges, investor groups, chambers of commerce, law firms, academicians and research professionals and SEBI.
v. It ensures independence in spirit of independent directors and their active participation in functioning of the company. To suggest measures for addressing issues faced by investors on voting and participation in general meetings.


4. BEML BAGS RAKSHA MANTRI’S AWARD
i. Bengaluru headquartered Bharat Earth Movers Limited has won the ‘Raksha Mantri’s Award for Excellence’ under the group award category for design and development of 180 tonne class electric hydraulic excavator – BE1800E.
ii. Arun Jaitley, Union Minister for Finance and Defence presented the cash award to Deepak Kumar Hota, the Chairman and Managing Director, BEML
iii. Minister of State for Defence, Subhash Bhamre presented the Certificate of Excellence to B R Viswanatha, Director-Mining & Construction, BEML

5. PARAM JIT MANN APPOINTED AS THE NEXT AMBASSADOR OF INDIA TO REPUBLIC SLOVENIA
i. Param Jit Mann has been appointed as the Ambassador of India to the Republic of Slovenia.
ii. Currently Param Jit Mann was working as the Ambassador of India to the Slovak Republic

6. SHASHI SHEKHAR VEMPATI NAMED CEO OF PUBLIC BROADCASTER PRASAR BHARATI
i. The part-time member of Prasar Bharati, Shashi Shekhar Vempati was appointed as the CEO of New Delhi based  public broadcaster Prasar Bharati. Vempati is the successor of Jawhar Sircar.
ii. Vempati name was recommended by a three-member committee headed by vice-president Hamid Ansari, Press Council of India chairman Justice CK Prasad and the secretary of the Information and Broadcasting ministry.
iii. Vempati has over two decades of experience as a technocrat with specialization in areas of corporate management, technology consulting and digital media.

7. INDIAN-ORIGIN LEO VARADKAR TO BE NEXT IRELAND PM
i. Indian-origin doctor Leo Varadkar was elected as Taoiseach of Ireland by country’s governing Fine Gael party.
ii. Varadkar is the succeesor of Enda Kenny who stepped down as Prime Minister earlier this year. He will become the country’s youngest-ever and first homosexual Prime Minister-in-waiting.

8. VETERAN JOURNALIST T.S.V. HARI DEAD
i. Veteran journalist T.S.V. Hari has died. Hari was a former IANS Bureau Chief .He started as a crime reporter and later switched to political reporting.
ii. Hari wrote for the Free Press Journal and later worked for Amrita Bazaar Patrika and Indian Express before joining IANS.
iii. He wrote for the satirical magazine “Thuglak” under the pseudonym Venkat and Tamil script for B.R. Chopra’s Mahabarata tele-serial

OBJECTIVE QUESTIONS BASED ON TODAY’S NEWS

Q1. GOVERNOR OF WHICH STATE LAUNCHED THE VIDYA-VEERTA ABHIYAN BY PRESENTING VICE CHANCELLORS OF UNIVERSITIES WITH THE PORTRAITS OF PARAM VIR CHAKRA RECIPIENTS?
a)  Uttarakhand
b)  Andhra Pradesh
c)  Haryana
d)  Punjab
Q2. THE SECURITIES AND EXCHANGE BOARD OF INDIA HAS SET UP A COMMITTEE TO ADVISE IT ON ISSUES RELATING TO CORPORATE GOVERNANCE IN INDIAN FIRMS. WHO IS THE CHAIRMAN OF THIS COMMITTEE?
a)  Chanda Kochhar
b)  Rana Kapoor
c)  Uday Kotak
d)  Aditya Puri
Q3. WHICH ENTITY 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?
a)  BHEL
b)  Larsen & Toubro
c)  Reliance Defence and Engineering Ltd.
d)  BEML Ltd.
Q4. PARAM JIT MANN HAS BEEN APPOINTED AS THE NEXT AMBASSADOR OF INDIA TO?
a)  Austria
b)  Republic of Slovenia
c)  Philippines
d)  Switzerland
Q5. LEO VARADKAR, AN INDIAN-ORIGIN DOCTOR, IS SET TO BECOME THE YOUNGEST PRIME MINISTER OF?
a)  Finland
b)  Norway
c)  Ireland
d)  Sweden

ANSWERS: 

1 - A    2 - C    3 - D    4 - B    5 - C