Daily Current Affairs 1st June, 2024: Your guide for daily General Knowledge Preparation
Dear Readers,
This post contains important current affairs of 1st June, 2024. It includes all Major National, International, Business and Sports related current affairs of 1st June, 2024. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 1st June, 2024 Current affairs test.
States News
Kerala Introduces Artificial Intelligence Learning in School Textbooks
In a groundbreaking initiative, Kerala has incorporated Artificial Intelligence (AI) learning into the Information & Communication Technology (ICT) textbook for Class 7 students. This program aims to acquaint over 400,000 students with AI in the upcoming academic year, representing a significant advancement in the state’s technological education.
Appointments News
Badminton Star PV Sindhu Appointed Brand Ambassador for Tobacco Control
During an event organized by the Ministry of Health and Family Welfare to mark World No Tobacco Day 2024, PV Sindhu was appointed as the brand ambassador for tobacco control. The theme for this year, “Protecting Children from Tobacco Industry Interference,” underscores the urgent need to protect youth from the harmful effects of tobacco. Union Health Secretary Shri Apurva Chandra addressed the audience via a video message, emphasizing the severe impact of tobacco use.
Banking News
Canara Bank To Dilute 14.50% Stake In Canara HSBC Life Insurance Via IPO
Canara Bank, headquartered in Bengaluru, has approved the process of diluting a 14.50% stake in its subsidiary, Canara HSBC Life Insurance Company, through an initial public offering (IPO). This decision awaits approval from the Reserve Bank of India (RBI) and the Department of Financial Services (DFS). Presently, Canara Bank holds a 51% majority stake in the life insurance firm, with HSBC Insurance (Asia Pacific) owning 26% and Punjab National Bank holding the remaining 23%.
RBI Penalizes SBM Bank (India) With Rs 88.70 Lakh Fine
The Reserve Bank of India (RBI) has imposed a fine of Rs 88.70 lakh on SBM Bank (India) for failing to comply with specific regulatory standards, including licensing conditions and directives associated with the Liberalised Remittance Scheme (LRS).
Economy News
India’s FY24 Fiscal Deficit Improves To 5.63% Of GDP
India’s fiscal deficit for FY24 has improved to 5.6% of GDP, better than the previously estimated 5.8%, due to increased revenue realization and reduced expenditure. In concrete terms, the fiscal deficit amounted to ₹16.53 lakh crore, or 5.63% of the GDP, which grew by 8.2% in the 2023-24 fiscal year.
India’s Core Sector Growth Rises 6.2% In April
In April, India’s core sector, which includes coal, steel, cement, fertilizers, electricity, natural gas, refinery products, and crude oil, saw a significant 6.2% growth. This positive trend, driven by strong performances in sectors such as steel, electricity, and natural gas, contrasts with the 4.6% growth recorded in April 2023. Additionally, March’s growth figures were revised upward to 6%, indicating a stronger trajectory than initially estimated.
Awards News
Indian-American Bruhat Soma Triumphs at Scripps National Spelling Bee
In an impressive display of spelling talent, 12-year-old Indian-American seventh-grader Bruhat Soma from Florida won the prestigious Scripps National Spelling Bee. Bruhat successfully spelled 29 words in the tiebreaker round, securing more than $50,000 in cash and other prizes, continuing the dominance of the Indian-American community in this competition.
NIMHANS Honoured with Prestigious Nelson Mandela Award for Health Promotion
The National Institute of Mental Health and Neuro Sciences (NIMHANS) in Bengaluru, India’s leading mental health institution, has been awarded the prestigious Nelson Mandela Award for Health Promotion for 2024 by the World Health Organization (WHO). This accolade recognizes individuals, institutions, and organizations that have made significant contributions to health promotion.
Sports News
England Cricketer Brydon Carse Slapped with Three-Month Ban
England’s fast-bowling allrounder Brydon Carse has received a three-month suspension from all forms of cricket for violating betting regulations. The 28-year-old placed 303 bets on various cricket matches between 2017 and 2019, leading to charges being brought against him.
India Joins Newly Formed World Boxing Body
The Boxing Federation of India (BFI) has taken a notable step by agreeing to join World Boxing (WB), a newly established governing body formed after the International Olympic Committee (IOC) refused to recognize the International Boxing Association (IBA). This decision comes amid the ongoing World Olympic qualifiers in Bangkok, where the BFI’s affiliation will be ratified by the WB executive board.
Important Days
World Milk Day 2024, Celebrating the Vital Role of Dairy
June 1 marks the annual celebration of World Milk Day, established by the Food and Agriculture Organization (FAO) of the United Nations. This day aims to highlight the importance of milk as a global food and promote dairy farming and the dairy industry. Since its inception in 2001, World Milk Day has gained worldwide recognition, with numerous campaigns raising awareness about the nutritional value and significance of milk in a balanced diet.
Global Day of Parents 2024 Observed on June 1
The Global Day of Parents, observed every year on June 1, aims to raise international awareness about the importance of parenthood and promote the healthy development of children by their parents. Established by the United Nations General Assembly, this day serves as a reminder of the critical role parents play in shaping the lives and well-being of their children.
