- National:
- On World Environment Day 2023 (June 05, 2023), Prime Minister Narendra Modi launched two schemes named Amrit Dharohar Yojana and MISHTI Yojana (Mangrove Initiative for Shoreline Habitats and Tangible Incomes) under the Ministry of Environment, Forest and Climate Change (MoEFCC), to revive wetlands and mangroves across India
- According to a report titled “Tracking SDG7: The Energy Progress 2023” released on 6th June 2023, around 2.3 billion people across the globe are still using polluting fuels and technologies for cooking and around 675 million people did not have access to electricity in 2021
- The sixth edition of Exercise Ekatha between the Indian Navy and Maldives National Defence Force (MNDF) is currently underway in Maldives from 4th June to 3rd July . The annual exercise is conducted between the two forces to enhance interoperability in diving and special operations
- JPMorgan has partnered with six major Indian banks to launch a pilot program designed to test a blockchain-based platform for the settlement of interbank dollar transactions
- Microsoft and AirJaldi Networks have signed a three-year Memorandum of Understanding (MoU) to provide internet access for underserved communities in 12 states of India
- K. Prathapa Reddy, a banker with over two decades of experience, is the new chairman of the Andhra Pradesh Grameena Vikas Bank (APGVB). He took over the charge from K. Praveen Kumar and will be chairman for five years
- The Competition Commission of India (CCI) has cleared the proposed deal involving Manipal Health Enterprises Pvt Ltd and Manipal Education and Medical Group India Pvt Ltd (MEMG India)
- Israel has initiated test flights of autonomous drones designed to carry passengers and heavy cargo, as part of a national initiative to prepare the country’s airspace for air taxi transportation and drone delivery services
- A new species of green tree frog named Gracixalus patkaiensis was discovered in the evergreen forest of Northeast India. It was named after the historical ‘Patkai’ hills range where it was found
- The Central government has agreed to sanction Rs 12,911 crore to Andhra Pradesh for completing the first phase of the Polavaram Project. The union finance ministry has issued a memorandum approving this quantum of funds
- The Central government has agreed to sanction Rs 12,911 crore to Andhra Pradesh for completing the first phase of the Polavaram Project. The union finance ministry has issued a memorandum approving this quantum of funds
- The Government of Bihar signed two Memoranda of Understanding (MOUs) with the Airports Authority of India (AAI) for the development of Civil Enclaves at Darbhanga Airport and Purnea Airport in Bihar
- The Indian Government has approved a revival package worth Rs. 89,047 crore for BSNL (Bharat Sanchar Nigam Limited), a state-run telecom company. This package includes the provision of a 4G/5G spectrum for the company through equity infusion
- The enrolment to avail free power under the Gruha Jyoti scheme will start from June 15th. People who want to get this facility should enrol through the Seva Sindhu portal of the state government from June 15th to July 5th
- Economy:
- The Reserve Bank of India (RBI) has issued an updated alert list of entities that are not authorized to deal in foreign exchange (forex) transactions or operate electronic trading platforms (ETPs) for forex
- The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi approved the continuation of the Central Sector Scheme of “Exploration of Coal and Lignite scheme” with an estimated expenditure of Rs 2,980 crore from 2021-22 to 2025-26 co-terminus with the 15th Finance Commission cycle
- World:
- Germany is preparing to host the biggest air deployment exercise in NATO’s history, called Air Defender 23. The exercise will involve 10,000 military personnel and 250 combat aircraft from 25 nations
- Opposition lawmakers won a majority in Kuwait’s parliament with only one woman elected, results showed on Wednesday, after the Gulf state’s seventh general election in just over a decade
- Smoke from Canadian wildfires could reach as far as New York, Boston, and Philadelphia, potentially causing decreased air quality. Wildfires in Canada’s east have spread rapidly, with Quebec now the epicenter of the crisis
- Important Days:
- World Food Safety Day is celebrated on June 7th every year. The day aims to raise awareness about the need for food safety and prevent foodborne diseases, which affect 1 in 10 people globally each year,The theme for World Food Safety Day 2023 is "Food standards save lives"
- Banking:
- Bajaj Finserv has announced the launch of its new mutual fund business under Bajaj Finserv Mutual Fund. The company will launch a comprehensive set of products across fixed income, hybrid and equity categories to meet the needs of diverse investor profiles ranging from retail and HNIs to institutions
- HDFC Bank has introduced a new credit card called the Millennia Credit Card. It is tailored to the lives and objectives of millennials and is full of perks and features geared towards the digital-first generation
- The World Bank has trimmed India’s growth forecast to 6.3% for the financial year FY 2023/24 (April to March). This is a 0.3 percentage point downward revision from the previous estimates of 6.6%
Questions:
Q.1 What is the name of the new credit card introduced by HDFC Bank?a. Millennia Credit Card
b. Platinum Credit Card
c. Titanium Credit Card
d. Gold Credit Card
Q.2 What is the World Bank’s growth forecast for India for the financial year FY 2023/24 (April to March)?
a. 6.6%
b. 6.3%
c. 7.2%
d. 7.0%
