Daily Current Affairs 12th June, 2024: Your guide for daily General Knowledge Preparation
Dear Readers,
This post contains important current affairs of 12th June, 2024. It includes all Major National, International, Business and Sports related current affairs of 12th 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 12th June, 2024 Current affairs test.
National News
Government Announces 3 Crore Additional Homes under PMAY
- Prime Minister Narendra Modi has announced the construction of an additional 3 crore rural and urban houses under the Pradhan Mantri Awas Yojana (PMAY).
- This decision highlights the government’s dedication to addressing the housing needs of the nation and improving the quality of life for all citizens.
India Welcomes Egypt, Iran, UAE, Saudi Arabia, and Ethiopia Joining BRICS
- On June 10, India warmly welcomed the inclusion of Egypt, Iran, UAE, Saudi Arabia, and Ethiopia into the BRICS group.
- These countries’ representatives attended a key BRICS meeting for the first time, hosted by Russia.
- Senior diplomat Dammu Ravi led the Indian delegation at the BRICS Foreign Ministers’ Meeting in Nizhny Novgorod, western Russia.
States News
Chandrababu Naidu Reaffirms Amaravati as Sole Capital of Andhra Pradesh
- On the eve of his swearing-in as Chief Minister of Andhra Pradesh, TDP leader N.
- Chandrababu Naidu declared that Amaravati would remain the sole capital of the state.
Chandrababu Naidu Sworn In as Andhra Pradesh Chief Minister for 4th Term
- N. Chandrababu Naidu was sworn in as the Chief Minister of Andhra Pradesh for the fourth time, three years after pledging to enter the Assembly only as Chief Minister.
- The ceremony, held near Gannavaram Airport in Kesarapalli, near Vijayawada, was attended by key figures including PM Modi and Home Minister Amit Shah.
Appointments News
Lt General Upendra Dwivedi Named New Army Chief
- Lieutenant General Upendra Dwivedi will assume the role of Chief of the Army Staff (COAS) on June 30.
- His distinguished career of over 39 years includes positions as Northern Army Commander and Director General of Infantry.
Abhijit Kishore and Rahul Vatts Appointed as New Leadership of COAI
- The Cellular Operators’ Association of India (COAI) has announced its new leadership for the 2024-25 term.
- Abhijit Kishore, COO of Vodafone Idea, has been appointed as Chairman, while Rahul Vatts, CRO of Bharti Airtel, will serve as Vice Chairman.
Banking News
RBI Initiatives to Combat Online Payment Frauds and Streamline Financial Operations
- The Reserve Bank of India (RBI) has introduced several measures to tackle the increasing risks of payment frauds and improve operational efficiencies in the banking sector.
- To address the 70.64% rise in domestic payment frauds, which amounted to Rs 2,604 crore in the six months ending March 2024, the RBI plans to establish a Digital Payments Intelligence Platform.
- A committee led by A.P. Hota, former MD & CEO of NPCI, will explore the setup of this digital infrastructure, with recommendations expected within two months.
SBI Revolutionizes SME Lending with ‘SME Digital Business Loans’
- The State Bank of India (SBI) has launched ‘SME Digital Business Loans’, aimed at sanctioning loans within 45 minutes.
- This initiative simplifies the borrowing process for micro, small, and medium enterprises (MSMEs) by eliminating traditional credit underwriting and appraisal procedures.
Business News
GAIL to Set Up India’s Largest Ethane Cracker Project with Rs 60,000 Crore Investment in MP
- GAIL (India) plans to establish a 1500 KTA Ethane Cracker Project in Sehore, Madhya Pradesh, with an estimated investment of Rs 60,000 crore.
- This project aims to produce various ethylene derivatives, enhancing the petrochemical infrastructure in the region.
Defence News
Japan-India Maritime Exercise JIMEX-24 Kicks Off in Yokosuka
- The 8th edition of the Japan-India Maritime Exercise (JIMEX-24) has commenced in Yokosuka, Japan, hosted by the Japan Maritime Self-Defence Force (JMSDF).
- The Indian Navy’s INS Shivalik and Japan’s JS Yugiri are participating in the exercise.
Economy News
World Bank Retains India’s FY25 Growth Forecast at 6.6%
- In its latest biannual Global Economic Prospects, the World Bank has maintained India’s growth projection at 6.6% for FY25, affirming its status as the fastest-growing among the largest economies.
- The forecast indicates a moderate expansion pace following a high growth rate in FY 2023/24.
- Over the next three fiscal years, India is expected to sustain an average growth of 6.7%, with projections of 6.7% for FY26 and 6.8% for FY27.
Schemes News
Modi Clears PM-Kisan 17th Instalment
- On June 10, Prime Minister Narendra Modi signed the release of the 17th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, benefiting over 93 million farmers with disbursements exceeding Rs 20,000 crore.
- The 16th instalment of the PM-KISAN scheme was released on February 28, 2024.
Sports News
UP to Organize 2025 Edition of MotoGP Bharat in Noida
- The Uttar Pradesh government has announced plans to host the MotoGP event in Noida from 2025 until 2029, in collaboration with Spain’s Dorna Sports and Indian partner Fairstreet Sports.
- Initially scheduled for 2024, the event was postponed due to weather conditions and is now set for March 2025.
Puja Tomar Becomes First Indian to Win in UFC
- Indian strawweight Puja Tomar became the first Indian to win a bout in the UFC, defeating Brazil’s Rayanne Amanda dos Santos via split decision at UFC Louisville on June 8.
- Puja Tomar won with scores of 30-27, 30-27, and 29-28.
India Named Hosts for 2025 FIH Hockey Men’s Junior World Cup
- The International Hockey Federation (FIH) has selected India as the host country for the inaugural FIH Hockey Men’s Junior World Cup, featuring 24 teams, to be held in December 2025.
- This decision highlights FIH’s commitment to expanding opportunities for national associations and promoting diversity in the sport.
Important Days
World Day Against Child Labor 2024: Date, Theme, History, and Significance
- Observed globally on June 12, the World Day Against Child Labor aims to promote the global movement against child labor.
- The United Nations emphasizes the need to address the root causes and recognize the link between social justice and child labor.
- The theme for World Day Against Child Labor 2024 is “Let’s act on our commitments: End Child Labour.”
Obituaries News
Tragic Plane Crash Claims Lives of Malawi’s Vice President and Others
- Malawi Vice President Saulos Chilima and nine others, including his wife, were killed in a plane crash in the Chikangawa mountain range.
- President Lazarus Chakwera confirmed the tragedy.
- Chilima was being considered a potential presidential candidate for the upcoming general elections in Malawi.
Mumbai Cricket Association Honorary President Amol Kale Passes Away During India-Pak Match
- Amol Kale, the honorary president of the Mumbai Cricket Association, passed away due to cardiac arrest in New York.
- Kale had traveled to the United States to watch the India vs Pakistan match live at the Nassau County International Cricket Stadium with MCA secretary Ajinkya Naik and apex council member Suraj Samat on June 9.
Miscellaneous News
Oxford University Agrees to Return Stolen 500-Year-Old Bronze Idol to India
- Oxford University’s Ashmolean Museum has decided to return a 16th-century bronze sculpture of Saint Tirumankai Alvar to India, following a request from the Indian government.
- The 60cm-tall statue, believed to have been stolen from a temple in Tamil Nadu, was acquired by the museum in 1967 from Sotheby’s auction house.
- The decision followed an independent researcher’s alert regarding the statue’s origins, prompting the museum to notify the Indian High Commission.
