- National:
- The World Health Organization (WHO) has designated the National Institute of Indian Medical Heritage (NIIMH) in Hyderabad as a WHO-Collaborating Centre for “Fundamental and Literary Research in Traditional Medicine.” This recognition is for four years, starting from June 3, 2024.
- The UGC’s new fee refund policy for HEIs allows for a full refund if admission is cancelled 15 days before the last date, 90% refund if less than 15 days before, 80% within 15 days after, and 50% within 30 days after. No refunds are given after one month. A ₹1,000 processing fee may apply until October 31, 2024.
- On June 13, 2024, the UNHCR reported that a record 117.3 million people were forcibly displaced by the end of 2023. This figure is expected to rise, potentially exceeding 120 million by April 2024. Conflicts are the main driver of displacement, with significant crises in regions such as Sudan and Gaza.
- Economy:
- India’s goods exports rose to $38.13 billion in May 2024, marking a 9.1% increase from the previous year. Key growth sectors included engineering, electronics, and pharma. The report was released on June 14, 2024.
- The WPI Food Index in India, which weights 24.38%, saw an increase from 183.6 in April 2024 to 185.7 in May 2024. This rise led to the inflation rate based on the WPI Food Index going up from 5.52% in April to 7.40% in May. The increase is primarily attributed to higher prices of food articles and manufactured food products.
- Defence:
- India is negotiating with France to purchase 26 Rafale fighter jets specifically designed for maritime operations. This deal, valued over Rs. 50,000 crore, aims to equip Indian Navy carriers and modernize its fleet.
- Important Days:
- World Wind Day, also known as Global Wind Day, is celebrated on June 15th. It’s a day for discovering wind energy, its power, and the possibilities it holds to reshape our energy systems, decarbonize our economies, and boost jobs and growth.
- Awards & Honours:
- The Reserve Bank of India was honored with the Risk Manager of the Year Award 2024 by Central Banking in London. This accolade was given in recognition of RBI’s improved risk management practices. The award was received by Executive Director Manoranjan Mishra on June 16, 2024.
- The 2024 Kavli Prize was awarded on June 12, 2024, recognizing outstanding contributions to astrophysics, nanoscience, and neuroscience. Astrophysicists David Charbonneau and Sara Seager were honored for their work in astrophysics, while Robert S. Langer, Armand Paul Alivisatos, and Chad A. Mirkin received the prize in nanoscience. In neuroscience, Nancy Kanwisher, Winrich Freiwald, and Doris Tsao.
Questions:
1 Who was honored with the Risk Manager of the Year Award 2024 by Central Banking in London?
- A) Manoranjan Mishra
- B) The Reserve Bank of India
- C) Central Banking
- D) Risk Manager of the Year Committee
2 What was the total value of India’s goods exports in May 2024?
- A) $34.92 billion
- B) $36.58 billion
- C) $38.13 billion
- D) $40.05 billion