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Monday, June 7, 2021

DAILY GK: 06, 07 JUNE 2021

DAILY GK: 06, 07 JUNE 2021

1.SAGE INITIATIVE & PORTAL TO SUPPORT ELDERLY PEOPLE

•        Ministry of Social Justice and Empowerment (MoSJ&E) Minister, Thaawarchand Gehlot virtually launched Senior        care Aging Growth Engine (SAGE) initiative & portal to help old aged people.

•        These benefits to the elderly people will be given by the Startups.

•        Fund- Rs.25 crores has been given for the FY 2021-22.

 

2.FAO REPORT

•        According to the “Scientific review of the impact of climate change on plant pests” report of the Food and Agriculture   Organisation (FAO), globally around 40% of agricultural produce is damaged due to invasive pests every year.

•        The report was prepared by Maria Lodovica from the University of Turin in Italy alongside 10 co-authors.

•        Annually countries spent USD 70 billion to eliminate invasive pests like Fall Armyworm, Desert Locusts (World’s         most destructive migratory pests).

 

3.HE ASIA UNIVERSITY RANKING 2021

•        In the 2021 Times Higher Education(THE) Asia university rankings , IISc Bangalore, IIT Ropar and IIT Indore have     secured ranks among the top 100 universities in Asia.

•        18 Indian universities have made it to the top 200 Rankings.

•        The Ranking is based on 13 carefully calibrated performance indicators that measure an institution’s performance            across four areas: teaching, research, knowledge transfer and international outlook.

TOP INDIAN INSTITUTES IN THE ASIA UNIVERSITY RANKINGS 2021

INDIA RANK                            INSTITUTION                                                   LOCATION                         ASIA RANK

1                                                       Indian Institute of Science, Bengaluru            Karnataka                            37

2                                                       Indian Institute of  Technology,Ropar             Punjab                                   55

3                                                       Indian Institute of  Technology,Indore             Madhya Pradesh                 78

 

THE ASIA UNIVERSITY RANKINGS 2021

ASIA RANK                                         INSTITUTION                                                   LOCATION

1                                                              Tsinghua University                                            China

2                                                              Peking University                                                China

3                                                              National University of Singapore                     Singapore

 

4.SEBI ENHANCED OVERSEAS INVESTMENT LIMIT FOR A MUTUAL FUND

•        Securities and Exchange Board of India (SEBI) enhanced the overseas investment limit for a mutual fund(MF) house     to USD 1 billion from the existing USD 600 million.

•        The overall MF industry limit for investing overseas remained unchanged at USD 7 billion.

•        SEBI has also increased the overseas investments limit per MF in Exchange Traded Fund (ETFs) to a maximum of          USD 300 million from USD 200 million.

•        The overall industry limit was unchanged to USD 1 billion.

 

5.SECOND BI-MONTHLY MONETARY POLICY OF FY22

•        The Reserve Bank of India’s (RBI) 6-members Monetary Policy Committee (MPC) had met on 2nd, 3rd and 4th June    2021 and released its second bi-monthly monetary policy statement for FY22 (April 2021 – March 2022).

POLICY RATES

Policy Repo Rate                                                                 4.00%

Reverse Repo Rate                                                              3.35%

Marginal Standing Facility (MSF) Rate                              4.25%

Bank Rate                                                                            4.25%

 

RESERVE RATIOS

Cash Reserve Ratio (CRR)                                                4.00%

Statutory Liquidity Ratio (SLR)                                       18.00%

 

6.HDFC BANK TO BECOME CARBON NEUTRAL BY 2031-32

•        HDFC Bank has planned to become carbon neutral by 2031-32.

•        Bank is now looking to reduce its emissions, energy, and water consumption.

•        The bank is  working on a framework of issuing green bonds.

 

7.RS 4,800 CRORE CAPITAL INFUSION IN CENTRAL BANK OF INDIA

•        Central Bank of India’s (CBI) board has allotted over 280,53,76,972 equity shares at the issue price of Rs 17.11 per        share to the government(govt) on preferential basis for Rs 4,800 crore capital infusion in the bank.

•        After this allotment, the govt’s shareholding has increased from 89.78 percent to 93.08 percent.

 

8.RS SODHI ELECTED TO THE BOARD OF IDF

•        Dr. R S Sodhi, Managing Director, Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF) popularly known      as ‘Amul’ was selected to the Board of International Dairy Federation (IDF).

•        The decision has been taken in IDF General meeting on June 1,2021 i.e. World Milk Day.

•        International Dairy Federation (IDF) is an international authority established in 1903 in the development of science-      based standards for dairy sector to provide high quality dairy products.

 

9.WORLD ENVIRONMENT DAY 2021 – 5 JUNE

•        United Nations(UN)’s World Environment Day is annually observed across the globe on 5th June to promote and           encourage the involvement of the government, businesses, celebrities and citizens to focus on environmental issues.

•        World Environment Day 2021 is focused on ecosystem restoration and its theme is “Reimagine. Recreate.Restore.”

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