Weekly Current Affairs June 2018: 3nd Week

Published on June 18, 2018

Banking and Financial Awareness:

  • Sunil Mehta Committee Formed for Faster Resolution of Stressed Assets. 
  • Credit Enhancement Fund of Rs 500 Crore is Coming. 
  • SEBI explores ways for direct listing of Indian firms abroad. 
  • SEBI constitutes Group to review Institutional Trading Platform (ITP) framework. 
  • MARG ERP Limited Partners with ICICI Bank. 
  • Fitch Ups India Growth Forecast to 7.4% For FY'19. 
  • Inflation Rises to 14-Month High of 4.43% In May. 
  • HDFC Bank’s Proposal to Raise Additional Share Capital Approved. 
  • RBI Releases Draft Guidelines to Modify Loan System for Large Borrowers. 
  • HDFC, 5th Biggest Consumer Financial Services Company Worldwide by Forbes. 
  • Paytm Tops by Volume and Axis Bank Tops by Value by SBI’s Annual Report on Mobile Banking Rank. 
Weekly Current Affairs June 2018: 3nd Week


  • Former NIA Chief Sharad Kumar will lead the CVC as the Vigilance Commissioner. 
  • Former World Bank Economist Omar Al-Razzaz Sworn in as Jordan PM. 
  • World's Most Experienced Spacewoman Peggy Whitson Retires as Astronaut. 
  • Dr. Inder Jit Singh Assumes Charge as Secretary, Ministry of Coal. 
  • Georgia's PM Giorgi Kvirikashvili Resigns. 
  • Sharad Kumar Appointed Vigilance Commissioner in CVC. 
  • Arvind Saxena Appointed as Acting UPSC Chairman. 
  • Indian-American Dhivya Suryadevara to Become CFO of General Motors. 

Honour, Awards and Ranks

  • Narendra Singh Tomar Confers National Awards on Best Performing Self Help Groups. 
  • Sulabh Founder, Bindeshwar Pathak Honoured with Japan's Nikkei Asia Prize. 
  • Virat Kohli Receives Polly Umrigar Trophy at Annual BCCI Awards. 
  • India stands 177th at the bottom of the Global Environment Performance Index (EPI) rankings. 


  • Veteran Journalist Adiraju Venkateswara Rao Passes Away. 

MOU’s, Agreement and Summits

  • The 18th SCO summit in Qingdao concludes with a declaration to combat terrorism. 
  • International Conference on Information and Communication Technology (ICT) will be held in Kathmandu. 
  • India, US Agree to Hold Comprehensive Talks to Address Trade & Economic Issues. 
  • International Conference On ICT to Be Held in Kathmandu. 
  • Conference On Implementation of NPS by The CABs Held in Delhi. 
  • 44th G7 Summit Was Held in Canada. 

Important News- World

  • Mauritius is going to host the 11th World Hindi Conference. 
  • Trump and Kim Sign Agreement On Denuclearization After Historic Talks. 

Important Dates

  • 12 June 2018: World Day Against Child Labour. 
  • World Blood Donors Day: 14 June. 
  • The theme is ‘Be there for someone else. Give blood. Share life’. 

Important News- India

  • Deadline to achieve Dam Safety extended till 2020. 
  • FDI inflows into India rose to around 3% to US $ 61.96 billion in 2017-18 compared to US $60.08 billion in 2016-17. 
  • Swachh Bharat Mission: Rural Sanitation coverage crosses the 85% mark. 
  • The government of India has decided to replace Annual Employment Unemployment Survey by Periodic Labour Force Survey (PLFS) prepared by Ministry of Statistics and Programme Implementation. 
  • Piyush Goyal Launched Rail Madad and Menu on Rails Apps. 
  • Ten new iconic sites have been taken up under Phase III of the flagship project Swachh Iconic Places (SIP) of the Swachh Bharat Mission. 
  • The Ministry of Culture, Government of India came up with a new scheme named as ‘Seva Bhoj Yojna’. 
  • The Department of Telecom (DoT), launched 5,000 WiFi choupals in partnership with CSC (Common Service Center) which will provide 60,000 WiFi hotspots in rural areas. 
  • NITI Aayog has given permission to 3,000 additional schools to set up Atal Tinkering Labs under its Atal Innovation Mission (AIM). 
  • V K Singh Flags Off 1st Batch of Kailash Mansarovar Yatra. 
  • Govt Approves 33% Increase in Carpet Area of Houses Under PMAY-U 
  • 3,000 Additional Atal Tinkering Labs Announced. 
  • India Gives 99 Million Nepalese Rupees for Final Phase of Nepal-Bharat Maitri Irrigation Project. 
  • India’s 1st National Police Museum to Come Up in Delhi. 
  • President Kovind to Embark On 3-Nation Visit to Greece, Suriname and Cuba. 
  • President Ram Nath Kovind to Launch Solar Charkha Mission. 
  • The Centre for Railway Information System (CRIS) has developed a mobile-based application ‘utsonmobile'. 
  • India to Host European Union Film Festival. 

Business, Science and Technology

  • A team of scientists from the Physical Research Laboratory, Ahmedabad have made a sensational achievement by spotting for the first time a distant planet six times bigger than Earth and revolving around a Sun-like star about 600 light years away. 
  • Flipkart-owned PhonePe has partnered cab aggregator Ola. 


  • The 22nd edition of the Malabar exercise has kicked off on June 7. 
  • India to Host 1st BIMSTEC Military Exercise. 

Important News- States

  • Andhra Pradesh leads the way to Clinical Hygiene. 
  • Tripura is honoured by none other than the "Queen" variety of pineapple. 
  • PM Modi Inaugurates Developmental Projects in Chhattisgarh. 
  • Bihar CM Inaugurates, Lays Foundation Stones for Schemes Worth Rs 875 Crore. 

Sports News

  • Indian football team captain Sunil Chhetri became the joint second highest international goal scorer among active players along with Argentine superstar Lionel Messi. 
  • Smriti Mandhana to Become 1st Indian to Play in England's Kia Super League. 
  • United States, Mexico and Canada Win Right to Host 2026 FIFA World Cup. 
  • Rafael Nadal won 11th French Open title. 
  • India Bags 3 Medals at Umakhanov Memorial Boxing Tournament in Russia. 
  • American fighter Ronda Rousey to Be the First Female Hall of Famer in UFC. 
  • India Beat Kenya to Lift Intercontinental Cup Football Title.

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