Current Affairs in English – 17 June, 2022

INTERNATIONAL NEWS

France signs agreement to accept UPI payments and RuPay cards from India:

  • Union Communication Minister Ashwini Vaishnaw said that UPI and Rupay card services will be available in France soon, giving huge boost to UPI and Rupay cards.
  • The overseas branch of India’s National Payments Corporation (NPCI) has inked a Memorandum of Understanding (MoU) with France’s Lyra Network for the acceptance of UPI and Rupay in the country.
  • Minister of Railways, Communications and Electronics & Information Technology: Shri Ashwini Vaishnaw

8th Global Conference of Young Parliamentarians hosted in Egypt:

  • The Eighth Global Conference of Young Parliamentarians has been started in Sharm El Sheikh, Egypt to address climate change.
  • Egypt Capital: Cairo;
  • Egypt Currency: Egyptian pound;
  • Egypt President: Abdel Fattah el-Sisi;
  • Egypt Prime Minister: Moustafa Madbouly.

Federal Reserve of the US has raised interest rates for the first time since 1994:

  • Federal Reserve increased its main interest rate by three-quarters of a percent, largest increase in almost three decades, and signalled that more large rate increases are on the way.
  • The Fed’s decision, announced following its most recent policy meeting, would boost its benchmark short-term rate to a range of 1.5 percent to 1.75 percent, affecting many consumer and commercial loans.

NATIONAL NEWS

Mumbai Airport launched Vertical Axis Wind Turbine & Solar PV hybrid System:

  • Chhatrapati Shivaji Maharaj International Airport, Mumbai has become India’s 1st airport to launch a one-of-its-kind Vertical Axis Wind Turbine & Solar PV hybrid (Solar Mill).

Nitin Gadkari inaugurates Industrial Decarbonization Summit 2022:

  • In New Delhi, Union Minister Nitin Gadkari kicks off the Industrial Decarbonization Summit 2022. He inaugurated the ‘Industrial Decarbonization Summit 2022’. Inaugurating the Industrial Decarbonization Summit 2022 (IDS-2022) – Road Map for Carbon Neutrality by 2070, he stated that developing alternative fuels is critical to overcoming electricity shortages.

TAMIL NADU

Tamil Nadu launched Ennum Ezhuthum scheme to bridge learning gap:

  • Tamil Nadu Chief Minister, MK Stalin launched the Ennum Ezhuthum scheme.
  • The scheme aims to ensure foundational literacy and numeracy by 2025. It was launched at an event in Azhinjivakkam panchayat union middle school, Tiruvallur.
  • Tamil Nadu Capital: Chennai;
  • Tamil Nadu Chief minister: K. Stalin;
  • Tamil Nadu Governor: N. Ravi.

APPOINTMENTS

Anand Mahindra, Venu Srinivasan, Pankaj Patel, and Ravindra Dholakia appointed to RBI central board:

  • The government has appointed industrialists Anand Mahindra, Pankaj R Patel and Venu Srinivasan, and former IIM (Ahmedabad) professor Ravindra H Dholakia.
  • The nominations have been made for four years by the Appointments Committee of the Cabinet (ACC).

Justice Ranjana Prakash Desai as New PCI Chief:

  • Former Supreme Court judge Justice Ranjana Prakash Desai is believed to have been chosen as the next head of the Press Council of India (PCI).
  • Justice Desai recently served as the chairman of the Delimitation Commission on Jammu and Kashmir, which was established to redesign the Union Territory’s assembly constituencies.

Arati Prabhakar to be appointed as science adviser to the President of US:

  • US president Joe Biden is expected to name Arati Prabhakar as the head of the White House Office of Science and Technology Policy (OSTP).

SPORTS

IMD’s World Competitiveness Index 2022: India ranked 37th

  • India has seen the sharpest growth among the Asian economies, with a six-position jump from 43rd to 37th rank on the annual World Competitiveness Index 2022.
  • Meanwhile, the top-performing Asian economies are Singapore (3rd), Hong Kong (5th), Taiwan (7th), China (17th) and Australia (19th).

IMPORTANT DAYS

World Day to Combat Desertification and Drought 2022:

  • The World Day to Combat Desertification and Drought is observed on 17 June each year to promote public awareness of international efforts to combat desertification.
  • The theme of 2022 Desertification and Drought Day “Rising up from drought together”.

PER DAY ONE INFO

Geography:

  • The word climate is derived from the Greek word klima. It means slope or inclination
  • The climate average monitoring system is the WMO
  • In Stratosphere,the lower part of this layer is highly concentrated with ozone gas which is called as ‘ozonosphere’

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