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Weekly Current Affairs June 2018: 4th Week

Published on June 25, 2018

Banking and Financial Awareness:

  • Government Releases Draft on Cross-Border Insolvency Resolution that would help banks access overseas assets of a company.
  • RBI Alters ‘Relative’ Definition to Check Outward Remittances.
Weekly Current Affairs June 2018: 4th Week


  • ICICI Prudential Life Insurance CEO Sandeep Bakhshi appointed as whole-time director and chief operating officer (COO) of ICICI Bank.
  • Ivan Duque Wins Election to Become Colombia's President.
  • Arijit Basu Appointed SBI's New Managing Director.
  • B Sriram (State Bank of India's (SBI) MD ) was appointed as the IDBI Bank's CEO and Managing Director in place of incumbent Mahesh Kumar Jain is the new Deputy Governor of the Reserve Bank of India (RBI).

Honour, Awards and Ranks

  • Tamil Nadu college student, Anukreethy Vas, has been crowned Femina Miss India 2018.
  • Ministry of Women & Child Development Smt. Maneka Sanjay Gandhi Received SKOCH Award which is ‘Best performing Social Sector Ministry’ award for the achievements in delivering the promises made and for its significant achievements and initiatives from the last 4 years.
  • Surat to Receive ‘City Award’ Under India Smart Cities Award 2018 for showcasing "great momentum" in the implementation of projects under the Smart Cities Mission and Bhopal and Ahmedabad was selected in the ‘Innovative Idea' category.
  • Vishwas Mandalik, the founder of the "Yoga Vidya Dham" from Nasik and the Yoga Institute in Mumbai have been selected as recipients of the Prime Minister’s award for outstanding contribution for promotion and development of yoga for the year 2018.


  • Pulitzer Prize-Winning Political Commentator Charles Krauthammer Passes Away.
  • Australian golfing legend Peter Thomson passed away.
  • mimicry artiste Nerella Venumadhav passed away.

MOU’s, Agreement and Summits

  • U.S - India 2+2 Dialogue will take place in Washington D.C, US Which will focus on strengthening strategic, security, and defence cooperation.
  • Central Water Commission (CWC) to team up with Google for flood forecasting and to help crisis management agencies to deal with extreme hydrological events in a better manner.
  • India and Cuba have signed 2 MoUs in the field of biotechnology, traditional medicine and homoeopathy.
  • India and Tajikistan have signed MOU to promote bilateral relations and agreed to enhance economic cooperation.
  • PM Modi Inaugurate 3rd AIIB (Asian Infrastructure Investment Bank) Meeting in Mumbai. The theme is "Mobilising Finance for Infrastructure: Innovation and Collaboration".
  • 5th National Standards Conclave- Implementing the Indian National Strategy for Standardization was held in New Delhi.
  • 4th Governing Council Meeting Of NITI (National Institution for Transforming India) Aayog Held In Delhi.

Important News- World

  • The number of hungry people in the world has risen from 777 million in 2015 to 815 million in 2016, according to a United Nations report, approximately 38 million more undernourished people in the world. 
  • US Quits UN Human Rights Council and described the council as a "hypocritical and self-serving organisation" that displayed "unending hostility towards Israel.
  • Russia successfully launches Glonass-M navigation satellite from the Plesetsk space center in Mirny.
  • World's Most Powerful Supercomputer 'Summit' Unveiled by US, named 'Summit' that can complete over 200,000 trillion calculations per second.
  • 15th annual Asia and Oceania Region Inter-Governmental Ministerial meeting on anti-doping were held in Colombo, to discuss important anti-doping issues that will help in the fight for clean sport.

Important Dates

  • World Day to Combat Desertification and Drought, - 17 June 2018.
  • World Refugee Day: 20 June
  • International Widows' Day: 23 June. It is a global awareness day.
  • World Music Day: 21 June.
  • International Yoga Day: 21 June.
    • The main event organised at Forest Research Institute in Dehradun, Uttarakhand. the theme for Yoga Day 2018 is "Yoga for Peace".

Important News- India

  • 106th Indian Science Congress to be hosted by Lovely Professional University (LPU) in Jalandhar. The theme of this year's event is - Future India: Science & Technology.
  • Union Minister of Health and Family Welfare, J.P. Nadda exchanged the MOU with the State Health Ministers of 20 States, for launching the Ayushman Bharat - National Health Protection Mission (AB-NHPM).
  • Govt. launched Swajal Scheme to provide clean drinking water in 115 Aspirational Districts of India.
  • Government Launches National Health Resource Repository (NHRR) Project to collect data of all public and private healthcare establishments and to provide comprehensive data on all health resources including private doctors, health facilities, chemists, and diagnostics labs. healthcare resources.
  • The Union Human Resource Development Minister, Shri Prakash Javadekar launched the National Digital Library of India on the occasion of National Reading Day in New Delhi, this contains textbooks, articles, videos, audiobooks, lectures, simulations, fiction and all other kinds of learning media.
  • Nasscom Launches Programme called 'Women Wizards Rule Tech' to increase the number of women at senior levels in the Information Technology (IT) industry. 
  • PM Modi Laid Foundation Stone of Paperless Vanijya Bhawan in New Delhi.
  • 3-Day National Yoga Olympiad 2018 Begins in New Delhi.


  • The artillery gun "Dhanush" (155mm, 45mm calibre artillery gun) has successfully completed final user trials.

Important News- States

  • World’s First International Centre for Humanitarian Forensics Launched in Gujarat, it will use forensics for humanitarian services to aid humanitarian efforts during emergencies and natural disasters.
  • Punjab Government has launched a mobile application "i-Hariyali" under ‘Mission Tandarust Punjab’ with an aim to increase the state's green cover, also to provide the saplings at the doorstep for free of cost.
  • To promote its achievements both nationally and internationally, The Sikkim Government has appointed Indian music composer A.R. Rahman (Allah-Rakha Rahman) as Brand Ambassador of the state for a year. The Sikkim Government had earlier made Rahman its Brand Ambassador of Tourism and Business.
  • Governor's Rule Imposed in Jammu & Kashmir, Chief Minister Mehbooba Mufti submitted her resignation to Governor N.N Vohra.
  • Haryana Government Gives Star Rankings to Panchayats on Seven Parameters under the state’s 7-Star Gram Panchayat Rainbow scheme. 
  • Gujarat Launches Wind-Solar Hybrid Power Policy, to make optimum utilisation of the land and grid.
  • Telangana police have launched a mobile-based messenger app named 'Cop Connect' dedicated to providing real-time information to over 60,000 police officers.

Sports News

  • India’s R Praggnanandhaa Becomes World’s 2nd Youngest Chess Grand Master in Grenadine Open in Italy.
  • American golfer Brooks Koepka Wins 2nd US Open Golf Title 2018.
  • Swiss professional tennis player Roger Federer Wins 98th ATP Title In Stuttgart and Regained No. 1 Title.
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