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June 2024
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National & States Affairs
1. The Sikkim High Court, the smallest high court in India, has become the first high court in India to introduce a paid
menstrual leave policy for female employees. Women staff members can avail ‘2-3 days of menstrual leave’ each month.
This leave will not be counted against the employee’s overall leave account. This policy seeks to enhance awareness and
facilitate better access to appropriate menstrual hygiene management practices throughout the nation. {Read more}
Smart Points:
• Sikkim High Court – became first high court in India to introduce a paid menstrual leave policy for female employees
• Women staff can avail ‘2-3 days of menstrual leave’ each month & it will not be counted against overall leave account
• Sikkim: Capital – Gangtok | CM – Prem Singh Tamang | Governor – Lakshman Prasad Acharya
2. Two of Bihar’s wetlands have been added to the “Global List of Wetlands of
International Importance” under the Ramsar Convention (also known as The
Convention on Wetlands), taking tally of Ramsar sites in India to 82. The Nagi and
Nakti bird sanctuaries, both located in Bihar’s Jamui district, are now recognised
under the Ramsar Convention. These two new wetlands are man-made reservoirs
situated in the Jhajha forest range of Jamui. Both sites were declared as Wetlands
of International importance on the occasion of World Environment Day on June 5. The Ramsar Convention is an international
environmental treaty signed on 2 February 1971 in Ramsar, Iran, under the auspices of UNESCO. {Read more}
Smart Points:
• Nagi & Nakti bird sanctuaries (Bihar) – added to “Global List of Wetlands of Int. Importance” under Ramsar Convention
• They are man-made reservoirs | Situated in – Jhajha forest range of Jamui, Bihar
• Now, total Ramsar sites in India – 82
• Ramsar Convention – international environmental treaty signed on Feb 2, 1971 in Ramsar, Iran, under UNESCO
• HQs of UNESCO – Paris, France | DG – Audrey Azoulay | Founded in – 1945 | Members – 194 Countries
3. Secretary of Ministry of Electronics and Information Technology (MeitY), S Krishnan, has inaugurated the “Indigenous Air
Quality Monitoring System (AQ-AIMS)” and launched “Air-Pravah” App on the occasion of World Environment Day. The
Centre for Development of Advanced Computing (C-DAC), Kolkata in collaboration with TeXMIN (ISM, Dhanbad) and industry
partner J M Envirolab Pvt Ltd, under the ‘National programme on Electronics and ICT applications in Agriculture and
Environment (AgriEnIcs)’, has developed an outdoor air quality monitoring system to monitor environmental pollutants,
Temperature, Humidity, etc, for continuous air quality monitoring. The AQ-AIMS comes with the mobile application named
“Air-Pravah” for real-time Air Quality Index (AQI) monitoring. It offers quick setup, real-time data visualization, unit
conversions, AQI comparison, multi-device support, data analysis tools, remote monitoring and automatic updates. {Read
more}
Smart Points:
• S Krishnan – inaugurated “Indigenous Air Quality Monitoring System (AQ-AIMS)”
• C-DAC + TeXMIN (ISM, Dhanbad) + J M Envirolab Pvt Ltd = developed AQ-AIMS
- Under – ‘National programme on Electronics and ICT applications in Agriculture and Environment (AgriEnIcs)
- To monitor environmental pollutants, Temperature, Humidity, etc. for continuous air quality monitoring
• S Krishnan – also launched “Air-Pravah” for real-time Air Quality Index (AQI) monitoring
• Minister of Electronics & Information Technology: Ashwini Vaishnaw | Constituency – Odisha
MoS in Ministry of Electronics & Information Technology: Rajeev Chandrasekhar
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4. NSE India, the country’s largest stock exchange and world’s largest derivatives exchange, has made
history by registering highest ever transactions in a single day on June 5, 2024 within 6 hours and 15
minutes. The exchange handled 1,971 crore orders and 28.55 crore trades. This happened on a day
when Nifty50 staged a strong rebound and settled 736 points or 3.36% higher at 22,620. {Read more}
Smart Points:
• NSE India – registered highest ever transactions in a single day on June 5, 2024 (within 6 hours & 15 minutes)
• NSE India handled 1,971 Cr orders & 28.55 Cr trades
• HQs of NSE – Mumbai, Maharashtra | Chairman – Girish Chandra Chaturvedi
5. Ministry of Health and Family Welfare (MoHFW) and Ministry of Defence (MoD) signed an
MoU to facilitate collaboration between the two Ministries in operating a special cell of “Tele
MANAS”, the National Telemental Health Helpline of MoHFW, as a pilot project for a period of
two years at the Armed Forces Medical College (AFMC) in Pune. Tele MANAS is the digital
extension of the District Mental Health Programme (DMHP), offering comprehensive, integrated,
and inclusive 24/7 tele-mental health services. The initiative provides a toll-free number, 14416, in each State and Union
Territory (UT) for easy access to mental health support. Currently, there are 51 operational Tele MANAS cells functioning
across all 36 States and UTs, offering services in 20 different languages. Since its launch in October 2022, Tele MANAS has
received over 10 lakh calls and is managing more than 3,500 calls daily. {Read more}
Smart Points:
• MoHFW + MoD = an MoU to operate a special cell of “Tele MANAS” as a pilot project for 2 years at AFMC, Pune
• Tele MANAS (14416) – a National Telemental Health Helpline of MoHFW | It is a digital extension of ‘DMHP’
• Currently, there are 51 operational Tele MANAS cells functioning & offering services in 20 different languages
• Tele MANAS – received over 10 lakh calls & is managing more than 3,500 calls daily | Launched in – October 2022
• Minister of Health & Family Welfare: Mansukh L. Mandaviya | Constituency – Palitana, Gujarat
MoS in Ministry of Health & Family Welfare: Bharati Pravin Pawar & S. P. Singh Baghel
• Ministry of Defence: Rajnath Singh | Constituency – Lucknow, Uttar Pradesh
MoS in Ministry of Defence: Ajay Bhatt
6. Software Technology Parks of India (STPI) recently celebrated its 33 rd Foundation Day,
commemorating over three decades of unparalleled contributions towards the Indian
technology sector in terms of software exports. The event was held in New Delhi with the
theme of “Positioning Bharat as a Tech Product Nation”. To strengthen the tech startup
ecosystem in terms of networking and affordable incubation space, STPI launched a
networking and resource discovery platform, “SayujNet”, and “STPI Workspace” portal.
STPI announced its initiative towards developing India’s sovereign cloud journey under the brand name “Ananta”, which will
be a hyperscale cloud made by Indians for Indians. Moreover, an MoU was signed between Sabudh Foundation and STPI
with the objective of creating skill-development initiatives and nurturing an entrepreneurial training ecosystem in DeepTech
for Engineering Graduates. The event also saw an MoU exchange between STPINEXT initiatives and DBS Bank India Pvt Ltd
aimed at strengthening the tech startup ecosystem in India. {Read more}
Smart Points:
• STPI – celebrated its 33rd Foundation Day in New Delhi | Theme – “Positioning Bharat as a Tech Product Nation”
• STPI – launched a networking & resource discovery platform, “SayujNet” & “STPI Workspace” portal
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- To strengthen tech startup ecosystem in terms of networking & affordable incubation space
• STPI – announced its initiative towards developing India’s sovereign cloud journey under the brand name “Ananta”
• Sabudh Foundation + STPI = an MoU to create skill-development initiatives & nurturing entrepreneurial training
ecosystem in DeepTech for Engineering Graduates
• STPINEXT + DBS Bank India Pvt Ltd = an MoU aimed at strengthening the tech startup ecosystem in India
• HQs of STPI – New Delhi | DG – Arvind Kumar | Founded in – 1991
7. The Department of Telecommunications (DoT) has planned “Industry 4.0”, a 60-day survey of micro, medium and small
enterprises (MSMEs) to help them adopt emerging technologies in the 5G and 6G domain. The DoT has asked organisations
and startups to submit proposals by June 11, 2024 to participate in this survey. The survey will be targeted on understanding
the challenges faced by MSMEs in adapting to advanced industry 4.0 technologies, with the aim to lay the groundwork for
a robust ecosystem capable of capitalizing on the capabilities offered by AI, IoT, cloud computing and the integration of 5G
and 6G networks. The survey will include identifying sector-specific needs in at least 10 sectors, to provide targeted support
to foster innovation and competitiveness. {Read more}
Smart Points:
• DoT – planned “Industry 4.0”, a 60-day survey of MSMEs to help them adopt emerging technologies in 5G & 6G domain
• DoT asked organisations & startups to submit proposals by June 11, 2024 to participate in this survey
• The survey will include identifying sector-specific needs in at least 10 sectors
• Secretary of the Department of Telecommunications – Neeraj Mittal
• Minister of Communications: Ashwini Vaishnaw | Constituency – Odisha
MoS in Ministry of Communications: Devusinh Chauhan
8. Zuperspeed Automotive, a Bangalore-based start-up, is set to introduce “Hyperflux”,

India’s first electric sports car. Zuperspeed Automotive aims to set new standards in the
Indian automotive industry. The Hyperflux is designed to deliver high-speed acceleration and
a powerful driving experience, all while producing zero emissions. Ijaz Anvar, the founder
and CEO of Zuperspeed Automotive, was previously part of Flipkart’s team. {Read more}
Smart Points:
• Zuperspeed Automotive – to introduce India’s first electric sports car, “Hyperflux”
• HQs of Zuperspeed Automotive – Bengaluru, Karnataka | Founder & CEO – Ijaz Anvar
9. The University Grants Commission (UGC) has allowed Indian Universities and Higher Education Institutions (HEIs) to offer
admissions twice a year on lines of foreign universities. The two admission cycles will be July-August and January-February
from the 2024-25 academic session. At present, universities and colleges admit students annually in July-August every year,
in regular mode. Biannual admissions can substantially increase the Gross Enrolment Ratio and make India a ‘Global Study
Destination’ as envisioned in National Education Policy (NEP) 2020. {Read more}
Smart Points:
• UGC – allowed Indian Universities & HEIs to offer admissions twice a year on lines of foreign universities
• The two admission cycles will be July-August & January-February from the 2024-25 Academic Session
• HQs of UGC – New Delhi | Chairman – M. Jagadesh Kumar | Founded in – 1956
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10. Atal Innovation Mission (AIM), NITI Aayog, has launched two groundbreaking initiatives
aimed at fostering innovation and sustainability in India - the 4th edition of “Water Challenge
4.0” and the 5th edition of “Innovations for You”, a coffee table book, spotlighting SDG
entrepreneurs of India. The open innovation water challenge was conducted in collaboration
with the Innovation Centre Denmark (ICDK) at the Royal Danish Embassy in India. This
initiative endeavors to address critical water-related challenges through inventive solutions.
The selected teams will form the Indian cohort which will participate in the ‘Global Next Generation Digital Action’ program
and engage with young talents from leading universities and innovation hubs of 9 countries (India, Denmark, Ghana, Kenya,
Korea, Tanzania, South Africa, Ghana, Colombia and Mexico). The challenge invites entries under two tracks: One for the
students and the other for the young entrepreneurs both under the age of 35. Additionally, participants will have the
opportunity to showcase innovations at the ‘Digital Tech Summit’ scheduled in Copenhagen from October 30 to 31, 2024
funded by the Government of Denmark. {Read more}
Smart Points:
• AIM (NITI Aayog) – launched two initiatives aimed at fostering innovation & sustainability in India:
- 4th edition of “Water Challenge 4.0” (in collaboration with Denmark)
- 5th edition of “Innovations for You”, a coffee table book
• ICDK + NITI Aayog = conducted open innovation water challenge at Royal Danish Embassy, India
• Selected teams will form Indian cohort which will participate in – ‘Global Next Generation Digital Action’ program
• ‘Digital Tech Summit’ – scheduled in Copenhagen on Oct 30-31, 2024 | Funded by – Government of Denmark
• HQs of AIM – New Delhi | Director – Chintan Vaishnav | Launched in – 2016 (a flagship initiative of NITI Aayog)
11. Oracle and Tamil Nadu Skill Development Corporation (TNSDC) have jointly launched a Specialised Skills Development
Programme under Tamil Nadu’s massive skill enhancement initiative, “Naan Mudhalvan”, to provide employment-linked
skills development training to more than 2 lakh students in the State. TNSDC is also collaborating with Oracle to offer Oracle
Cloud Infrastructure (OCI) training to help students in the State advance their careers. As part of the new skilling initiative,
over 2 lakh youth at different stages of their learning and professional goals, will be trained and certified on modern
technologies from Oracle, including cloud, data science, artificial intelligence (AI), machine learning (ML), and blockchain.
{Read more}
Smart Points:
• Oracle + TNSDC = launched a Specialised Skills Development Programme under Tamil Nadu’s “Naan Mudhalvan”
• Aim: To provide employment-linked skills development training to more than 2 lakh students in Tamil Nadu
• TNSDC + Oracle = to offer Oracle Cloud Infrastructure (OCI) training to help students in State advance their careers
• HQs of Oracle – Austin, US | CEO – Safra Catz | Founded in – 1977
• Tamil Nadu: Capital – Chennai | CM – Muthuvel Karunanidhi Stalin | Governor – Ravindra Narayan Ravi
12. Prime Minister Narendra Modi approved government assistance for the construction of 3 crore additional houses under
Pradhan Mantri Awas Yojana (PMAY). Of the 3 crore houses, 2 crore will be constructed under PMAY-Gramin, while 1 crore
under PMAY-Urban. Under the PMAY-G, each beneficiary gets funds up to Rs 1.2 lakh in the plains and Rs 1.3 lakh in hilly
states, difficult areas, and tribal and backward districts under the Integrated Action Plan (IAP). As per the sources, the Centre
has decided to increase the cost of construction of the PMAY-G house by 50% from existing Rs 1.2 lakh to Rs 1.8 lakh in the
plains and Rs 1.3 lakh to Rs 2 lakh in the hilly areas. The Centre and states share expenses in 60:40 ratio in case of plain
areas, and in 90:10 ratio for northeastern states, two Himalayan states and the UT of Jammu and Kashmir. The Centre bears
100% cost in case of other Union Territories. {Read more}
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Smart Points:
• PM Modi – approved government assistance for construction of 3 crore additional houses under PMAY
- 2 crore under PMAY-Gramin & 1 crore under PMAY-Urban
• Centre decided to increase cost of construction under PMAY-G by 50%: Plains – to Rs 1.8 lakh | Hilly areas – Rs 2 lakh
• Sharing of expense between Centre & States:
- Plains – 60:40 | Northeastern states, two Himalayan states & J&K – 90:10 | Other UTs – 100% by centre only
International Affairs
13. Pakistan, Somalia, Denmark, Greece and Panama were elected as non-permanent members of the
UN Security Council (UNSC) for a two-year term beginning 2025. The 5 members were elected by a
secret ballot in the UN General Assembly for a 2-year term starting on January 1, 2025, until December
31, 2026. These newly elected members will replace Japan, Malta, Mozambique, Ecuador and
Switzerland. The newly elected members will join Algeria, Guyana, the Republic of Korea, Sierra Leone
and Slovenia as the other non-permanent members of UNSC. The UNSC comprises 15 members, 5 of
whom are permanent and 10 non-permanent. The five permanent members of the UNSC are the USA, the UK, France, Russia
and China. They have veto power. India has been elected 8 times as a non-permanent member of UNSC. {Read more}
Smart Points:
• Pakistan, Somalia, Denmark, Greece & Panama – elected as non-permanent members of UNSC for 2 years from 2025
• These new members replaced – Japan, Malta, Mozambique, Ecuador & Switzerland
• Other 5 non-permanent members – Algeria, Guyana, the Republic of Korea, Sierra Leone & Slovenia
• India – has been elected 8 times as a non-permanent member of UNSC
• HQs of UNSC – New York, US | Presidency in June – South Korea (May - Mozambique | July - Russia)
The UNSC has 10 non-permanent members & 5 permanent members (China, France, Russia, UK, US)
14. Peru and Slovakia officially signed the NASA’s “Artemis Accords”, a set of principles
that aims to lay out a framework for peaceful cooperation in space and on the moon. The
addition of these two nations brings the total of signing countries to 42. The Artemis
Accords were first launched and signed in October 2020 by 8 nations. Through the
Artemis program, NASA and its international partners aim to establish a permanent and
sustainable human presence on the moon by around the end of the decade. {Read more}
Smart Points:
• Peru & Slovakia – signed NASA’s “Artemis Accords” | Now, total signing countries – 42
• Artemis Accords aim to lay out a framework for peaceful cooperation in space & on the moon
• Artemis Accords – launched & signed in October 2020 initially by 8 nations
• HQs of NASA – Washington D.C., US | Administrator – Bill Nelson | Founded in – 1958
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15. The United Nations has designated 2025 as the “International Year of Quantum Science and Technology” to increase
public awareness about the importance of quantum science, encourage young people to study it and bolster support for
using it to address current challenges. 2025 marks 100 years since the publication of a paper by the German physicist Werner
Heisenberg, which laid the foundation for quantum mechanics. The resolution to declare 2025 as “International Year of
Quantum Science and Technology” was submitted by Ghana, co-sponsored by 6 other countries. Quantum mechanics is a
fundamental theory in physics that describes the behavior of nature at and below the scale of atoms. Moreover, 2024 is
being observed as the “International Year of Camelids” by the UN to raise awareness about the economic, social, and cultural
importance of camelids animals. {Read more}
Smart Points:
• UN – designated 2025 as the “International Year of Quantum Science and Technology”
• The resolution was submitted by – Ghana
• 2025 marks 100 years since the publication of a paper which laid the foundation for quantum mechanics
- Author – Werner Heisenberg (German physicist)
• 2024 – being observed as “International Year of Camelids” by UN
• HQs of UN – New York, US | Secretary-General – Antonio Guterres | Established in – October 24, 1945
Banking, Finance, Insurance & Economic Affairs

16. The Reserve Bank of India (RBI) Governor Shaktikanta Das announced the 2nd bi-monthly
monetary policy of the financial year 2024-25. The RBI Governor headed 6-member
Monetary Policy Committee (MPC) decided to keep the benchmark repo rate unchanged at
6.5% for the 8th consecutive time. RBI raised its GDP growth forecast for FY25 to 7.2% from
7% earlier. The central bank retained CPI inflation forecast at 4.5% for FY25. During the MPC
meeting, RBI proposed to revise the definition of bulk deposits as ‘Single Rupee term deposit
of ₹3 crore and above’ for Scheduled Commercial Banks (excluding RRBs) and Small Finance Banks (SFBs). Further, it also
proposed to define the bulk deposit limit for Local Area Banks as ‘Single Rupee term deposits of ₹1 crore and above’. Besides,
the RBI announced the establishment of a “Digital Payments Intelligence Platform”. This platform will leverage advanced
technologies like AI and machine learning to identify and mitigate fraud risks, ultimately leading to a safer digital payments
environment. To advance this initiative, the RBI has also formed a committee, chaired by A. P. Hota, former MD & CEO of
NPCI. The RBI also announced the launch of the 3rd edition of the RBI’s global hackathon, “HARBINGER 2024 - Innovation for
Transformation”, aimed at enhancing the safety, security, and inclusivity of India’s financial ecosystem. The winners of this
hackathon will receive prize money of Rs 40 lakh across each problem statement. Special Prize worth Rs 20 lakh will be given
to the best all-women team across all problem statements. {Read more}
Smart Points:
• 2nd bi-monthly monetary policy of FY25 – announced by RBI Governor Shaktikanta Das
• 6-member MPC decided to keep benchmark repo rate unchanged at 6.5% for 8th consecutive time
• Latest rates:
- Repo rate – 6.50% | Reverse Repo Rate – 3.35% | Bank Rate or MSF – 6.75%
- CRR – 4.50% | SLR – 18% | SDF – 6.25%
• RBI’s new forecast for FY25: GDP – 7.2% (from 7%) | CPI inflation – 4.5%
• RBI proposed to revise:
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- Bulk deposits limit for SCBs (excluding RRBs) & SFBs – ₹3 Cr & above
- Bulk deposit limit for Local Area Banks – ₹1 Cr & above
• RBI also launched “Digital Payments Intelligence Platform” – to leverage advanced technologies like AI & ML to identify
& mitigate fraud risks
- a committee, chaired by A. P. Hota, is formed to advance this initiative
• RBI launched 3rd edition of its global hackathon, “HARBINGER 2024 - Innovation for Transformation”
- Aim: To enhance safety, security & inclusivity of India’s financial ecosystem
- Winner Prize: Rs 40 lakh | Special Prize to the best all-women team – Rs 20 lakh
17. New York-based credit ratings and research giant, Moody’s, has affirmed the “Baa3” ratings
on three Indian public sector banks, including Bank of Baroda (BOB), Canara Bank, and Punjab
National Bank (PNB). The rating agency maintained a stable outlook on the long-term ratings
of all three banks. The banks’ non-performing loan (NPL) ratios have also declined. It is a ratio
of bad or unpaid loans to total loans. {Read more}
Smart Points:
• Moody’s (US) – affirmed “Baa3” ratings on 3 Indian public sector banks, including BOB, Canara Bank & PNB
• Non-performing loan (NPL) ratio: a ratio of bad or unpaid loans to total loans
• HQs of BoB – Vododara, Gujarat | MD & CEO – Debadatta Chand | Tagline – “India’s International Bank”
• HQs of Canara Bank – Bengaluru | MD & CEO – K. Satyanarayana Raju | Non-Ex Chairman – Vijay Srirangam
• HQs of PNB – New Delhi | MD & CEO – Atul Kumar Goel | Tagline – “The Name You Can Bank Upon”
18. Hong Kong has launched trading of Asia’s first Spot Bitcoin and Ether Exchange-Traded Funds (ETFs) to become a regional
virtual asset investment hub. Hong Kong’s pioneering crypto ETFs on the city’s bourse include 6 funds issued by 3 managers
- Bosera Funds, China Asset Management (Hong Kong) Limited and Harvest Global Investments. Each company issued a spot
bitcoin and a spot ether ETF. Hong Kong also allows investors to carry out in-kind creation and redemption through eligible
dealers. {Read more}
Smart Points:
• Hong Kong – launched trading of Asia’s 1st Spot Bitcoin & Ether ETFs to become a regional virtual asset investment hub
• Hong Kong’s pioneering crypto ETFs include 6 funds issued by 3 managers – Bosera Funds, China Asset Management
(Hong Kong) Limited & Harvest Global Investments
19. Punjab National Bank (PNB) and India Infrastructure Finance Company Ltd (IIFCL) have signed an agreement to offer
long-term financial assistance to viable infrastructure projects. With this, both the institutions will collaborate to fund the
infrastructure projects wherein the parties can mutually participate under consortium/multiple lending arrangements to
provide financial support to the prospective borrowers subject to due diligence and on a case-to-case basis. Padmanabhan
Raja Jaishankar is the MD of IIFCL. {Read more}
Smart Points:
• PNB + IIFCL = an agreement to offer long-term financial assistance to viable infrastructure projects
• HQs of PNB Metlife – Mumbai | MD & CEO – Sameer Bansal | Established – 2001
• HQs of IIFCL – New Delhi | MD – Padmanabhan Raja Jaishankar
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20. Axis Bank, a private sector bank, and Bajaj Allianz General Insurance, a private general
insurer, have entered a strategic bancassurance partnership to boost insurance penetration
and financial inclusion in the country. Under this Bancassurance tie-up, a comprehensive suite
of Bajaj Allianz General Insurance products will be distributed through Axis Bank’s network of
5,250 plus branches. Bancassurance is an insurance distribution model where companies
partner with banks to sell policies. {Read more}
Smart Points:
• Axis Bank + Bajaj Allianz = a strategic bancassurance partnership to boost insurance penetration & financial inclusion
• HQs of Axis Bank – Mumbai | MD & CEO – Amitabh Chaudhry | Tagline – “Badhti ka Naam Zindagi”
• HQs of Bajaj Allianz Gen Ins – Pune, Maharashtra | MD & CEO – Tapan Singhel
21. Edelweiss Tokio Life Insurance has been rechristened as Edelweiss Life Insurance, as part
of its transformational journey. This transformation reflects in the refreshed logo. The
company has retained its brand positioning of ‘Zindagi Unlimited’. Since inception, the life
insurer has grown at a CAGR of 40%. In FY24, it reported a claim settlement ratio of 99.23%,
and an NPS (indicator of customer satisfaction) of 56. {Read more}
Smart Points:
• Edelweiss Tokio Life Insurance – rechristened as ‘Edelweiss Life Insurance’
• The company has retained its brand positioning of ‘Zindagi Unlimited’
• HQs of Edelweiss Life Insurance – Mumbai, Maharashtra | MD & CEO – Sumit Rai
22. Axis Bank has launched “NFC Soundbox” in collaboration with Mastercard. The new soundbox is expected to act as an
all-in-one solution allowing the users to accept Bharat QR, UPI, Tap & Pay and Tap + Pin payments. With this launch, Axis
Bank will be the first bank in India to introduce a Soundbox that can accept “Tap + Pin” payments, enabling merchants to
accept transactions greater than Rs 5000 via card instruments. The new device will also be available on all leading payment
networks, such as Visa, RuPay, and American Express. {Read more}
Smart Points:
• Axis Bank + Mastercard = launched an all-in-one solution, “NFC Soundbox”
• It allows users to accept Bharat QR, UPI, Tap & Pay and Tap + Pin payments
• With this, Axis Bank will be the first bank in India to introduce a Soundbox that can accept “Tap + Pin” payments
- It enables merchants to accept transactions greater than Rs 5000 via card instruments
• HQs of Axis Bank – Mumbai | MD & CEO – Amitabh Chaudhry | Tagline – “Badhti ka Naam Zindagi”
23. Ashok Leyland Ltd, in partnership with The Oriental Insurance Co., has introduced “Sarathi Suraksha Policy”, a
comprehensive insurance policy to safeguard the driver community. The policy provides coverage of up to Rs 10 lakh per
chassis for accidental death, and permanent and partial disability for 4 years from the date of retail. It also covers other
aspects such as accidental hospitalisation and special education bonuses for children. Classified as an “Unnamed Group
Personal Accident Policy,” it covers any driver operating an Ashok Leyland vehicle, providing comprehensive protection for
the drivers. {Read more}
Smart Points:
• Ashok Leyland + The Oriental Insurance Co. = introduced “Sarathi Suraksha Policy” to safeguard the driver community
• Coverage: up to Rs 10 lakh per chassis for accidental death & permanent/partial disability for 4 years
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• It is classified as an “Unnamed Group Personal Accident Policy”
• HQs of Ashok Leyland – Chennai | CEO – Shenu Agarwal | President – Sanjay V. Jorapur (owned by Hinduja Group)
• HQs of The Oriental Insurance Co. – New Delhi | CMD – R. R. Singh
24. State Bank of India (SBI) has launched “SME Digital Business Loans” with the aim of sanctioning loans in 45 minutes. The
proposition eliminates the need for traditional credit underwriting and lengthy appraisal processes, ushering in a new era
of simplicity, speed, and accessibility in MSME lending. Notably, for loans up to Rs 50 lakh, SBI has waived the requirement
for financial statements, relying instead on transaction history and GST returns for appraisal. Besides, SBI has developed a
data-driven Credit Assessment Engine capable of providing sanction decisions within a remarkable 10 seconds after
submitting the required details, without any human intervention. {Read more}
Smart Points:
• SBI – launched “SME Digital Business Loans” with the aim of sanctioning loans in 45 minutes
• SBI – waived the requirement for financial statements, for loans up to Rs 50 lakh
• SBI – developed a data-driven Credit Assessment Engine, capable of providing sanction decisions within 10 seconds
• HQs of SBI – Mumbai, Maharashtra | Chairman – Dinesh Kumar Khara
MDs – Challa Sreenivasulu Setty | Alok Kumar Choudhary | Ashwini Kumar Tewari | Vinay M. Tonse
25. Universal Sompo has launched a new theme, “Insure Today for a Safe Tomorrow,” to raise awareness about the
importance of insurance in safeguarding against unforeseen risks. As part of an initiative called ‘Insurance for All by 2047,’
Universal Sompo collaborated with Maruti Suzuki Insurance Broking to spread insurance awareness in Andhra Pradesh.
Under the theme ‘Insure today for a safe tomorrow,’ a free vehicle checkup was provided at Krishna district in Andhra
Pradesh. Headquartered in Mumbai, Universal Sompo General Insurance is a Joint venture of Indian Bank, Indian Overseas
Bank, Karnataka Bank, Dabur Investments, and Sompo Japan Insurance Inc. {Read more}
Smart Points:
• Universal Sompo – launched a new theme, “Insure Today for a Safe Tomorrow”
• Aim: To raise awareness about importance of insurance in safeguarding against unforeseen risks
• Universal Sompo + Maruti Suzuki Insurance Broking = to spread insurance awareness in Andhra Pradesh
• Under this theme, a free vehicle checkup was provided at Krishna district in Andhra Pradesh
• Universal Sompo is a JV of = Indian Bank + IOB + Karnataka Bank + Dabur Investments + Sompo Japan Insurance Inc.
• HQs of Universal Sompo – Mumbai, Maharashtra | CEO – Sharad Mathur | Founded in – 2007
26. The Securities and Exchange Board of India (SEBI) has issued a framework for Financial Disincentive in Case of
Surveillance Related Lapses (FDSRL) for Market Infrastructure Institutions (MIIs). The framework will come into effect from
July 1, 2024. MIIs such as stock exchanges, clearing corporations and depositories may now have to pay a fine if there are
any surveillance-related lapses. Penalties may vary from 1 lakh to Rs 1 crore for each instance of surveillance related lapse
during the Financial Year. In case of penalty, the MII is required to deposit the penalty within the 15 days to the Investor
Protection and Education Fund (IPEF) of SEBI. {Read more}
Smart Points:
• SEBI – issued a framework for “Financial Disincentive in Case of Surveillance Related Lapses for MIIs” w.e.f. July 1, 2024
• Now, MIIs have to pay a fine for any surveillance-related lapses:
- Penalties vary from 1 lakh to Rs 1 Cr for each instance of surveillance related lapse during Financial Year
https:// /#
- In case of penalty, MII is required to deposit penalty within 15 days to Investor Protection & Education Fund of SEBI
• HQs of SEBI – Mumbai, Maharashtra | Chairman – Madhabi Puri Buch | Established in – 1992
27. Bank of India (BOI) has launched a “666 Days Fixed Deposit (FD)”, which offers returns of up
to 7.95% per annum for senior citizens on deposit amounts less than ₹2 crore. On this 666-day
FD, Senior Citizens will get 7.80% p.a., Other age customers will get 7.30% p.a., while Super Senior
Citizens will get 7.95% p.a. A super senior citizen is an individual whose age is 80 years or more,
according to ClearTax. The revised interest rates are applicable for domestic, NRO and NRE Rupee Term deposits, which are
made effective from June 1, 2024. {Read more}
Smart Points:
• BOI – launched “666 Days FD”, offering returns up to 7.95% p.a. for senior citizens on deposit amounts less than ₹2 Cr
• Returns p.a. on this FD: Senior Citizens – 7.80% | Other age customers – 7.30% | Super Senior Citizens – 7.95%
• HQs of BOI – Mumbai, Maharashtra | CEO – Rajneesh Karnatak | Tagline – “Relationship Beyond Banking”
28. Government of India has launched “BIMReN (BIMSTEC-India Marine Research Network)”, a joint-initiative of Ministry of
External Affairs (MEA) and the Bay of Bengal Programme-Inter Governmental Organization (BOBP-IGO), to facilitate
sustainable development of blue economy by networking researchers and research institutions in BIMSTEC countries.
BIMReN aims to enable PhD students from BIMSTEC countries to conduct doctoral research in India and facilitate
collaborative research among scientists / academicians from BIMSTEC countries through: (i) “BIMReN Split-Site Doctoral
Fellowships”, which offers doctoral candidates in BIMSTEC member countries a Research Grant of up to Rs 1 million and the
opportunity to pursue studies at Indian research labs for 6-12 months, (ii) “Twinning Research Projects”, which is aimed at
facilitating collaborations between institutions and individuals from BIMSTEC member countries, to work together on
research programmes of regional interest, with an associated grant of up to Rs 5 million per project of tenure of 24 months.
{Read more}
Smart Points:
• MEA + BOBP-IGO = launched “BIMReN (BIMSTEC-India Marine Research Network)
• Aim: To facilitate sustainable development of blue economy by networking researchers & research institutions in
BIMSTEC countries
• BIMReN aims to enable PhD students to conduct doctoral research in India & facilitate collaborative research from
BIMSTEC countries through:
- “BIMReN Split-Site Doctoral Fellowships” – It offers doctoral candidates in BIMSTEC member countries a Research
Grant of up to Rs 1 million & opportunity to pursue studies at Indian research labs for 6-12 months
- “Twinning Research Projects” – It facilitates collaborations between institutions & individuals to work together on
research programmes of regional interest, with a grant of up to Rs 5 million per project of tenure of 24 months
• HQs of BIMSTEC – Dhaka, Bangladesh | Secretary General – Indra Mani Pandey | Established in – 1997
• Minister of External Affairs: S. Jaishankar | Constituency – Gujarat
MoS in Ministry of External Affairs: Kirtivardhan Singh & Pabitra Margherita
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29. PhonePe has partnered with Sri Lankan ride-hailing platform, PickMe, to enable UPI-based
payments for Indian travellers in Sri Lanka. This collaboration not only enhances the convenience for
Indian travellers but also supports the mission to drive digital transformation in Sri Lanka’s
transportation sector. In May 2024, PhonePe entered into a partnership with LankaPay to allow its
users to pay using UPI across Sri Lanka. {Read more}
Smart Points:
• PhonePe + PickMe (Sri Lanka) = to enable UPI-based payments for Indian travellers in Sri Lanka
• PhonePe + LankaPay (Sri Lanka) = allowed its users to pay using UPI across Sri Lanka (in May 2024)
• HQs of PhonePe – Bangalore, Karnataka | MD & CEO – Sameer Nigam | Founded in – 2015
• Sri Lanka – Colombo/Sri Jayawardenepura Kotte – Sri Lankan Rupee
PM – Dinesh Gunawardena | President – Ranil Wickremesinghe
30. MSME-focused non-banking financial company, Ashv Finance, part of the impact investor Aavishkaar
Group, has signed a co-lending agreement with HDFC Bank to provide unsecured business loans to micro
and small enterprises (MSEs). The co-lending deal is part of Ashv Finance’s focus on growing co-lending
partnerships for lending to MSMEs. The unsecured business loans by Ashv Finance are offered between
Rs 20 lakh and Rs 50 lakh for a minimum of 12 months and a maximum of 36 months. The repeat
customers can avail of unsecured loans for up to Rs 75 lakh. MSMEs are required to be at least 3 years old with a turnover
between Rs 3 crore and Rs 100 crore with GST & ITR returns for the previous 3 years. Nikesh Kumar Sinha is the CEO of Ashv
Finance. {Read more}
Smart Points:
• Ashv Finance + HDFC Bank = a co-lending agreement to provide unsecured business loans to Micro & Small Enterprises
• Unsecured business loans are offered between Rs 20 lakh & Rs 50 lakh for a tenure of 12 to 36 months
• The repeat customers can avail of unsecured loans for up to Rs 75 lakh
• MSMEs are required to be at least 3 years old with a turnover between Rs 3 Cr to Rs 100 Cr with 3 years’ GST & ITR
• HQs of Ashv Finance – Mumbai, Maharashtra | CEO – Nikesh Kumar Sinha
• HQs of HDFC Bank – Mumbai, MH | MD & CEO – Sashidhar Jagdishan | Tagline – “We understand your World”
31. Data released by the National Statistical Office (NSO) showed that Consumer
Price Index (CPI)-based retail inflation eased to a 12-month low of 4.75% in May
2024, on the back of a softening core and fuel inflation. Besides, the Index of
Industrial Production (IIP) also moderated to 5% in April 2024, from 5.4% in the
preceding month. Food inflation remained sticky at 8.69% in May 2024, from 8.7%
in April. The data showed that six out of 23 manufacturing sectors in the IIP - such
as food products, tobacco, leather, wood and paper - registered a contraction in
output growth during April 2024. {Read more}
Smart Points:
• As per data released by NSO: CPI-based retail inflation eased to a 12-month low of 4.75% in May 2024
• IIP moderated to 5% in April 2024 (from 5.4% in March 2024)
• Food inflation – 8.69% in May 2024 (from 8.7% in April 2024)
• 6 manufacturing sectors in IIP (out of 23) – registered a contraction in output growth during April 2024
• HQs of NSO – New Delhi | Chairperson – Bimal Kumar Roy
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32. World Bank announced to lend support to the Greater Chennai Corporation (GCC) to achieve Sustainable Waste
Management in the city. Recently, World Bank held discussions on Solid Waste Management with officials of the State
government and the GCC to stop waste dumping by 2026-2027. World Bank intends to improve solid waste management in
the city and various parts of the State over a period of 20 years. Once the World Bank completes the study, it will suggest
reforms to be implemented in cities. {Read more}
Smart Points:
• World Bank – to lend support to Greater Chennai Corporation (GCC) to achieve Sustainable Waste Management in city
• Aim: To stop waste dumping by 2026-2027
• World Bank aims to improve solid waste management in city & various parts of State over 20 years
• HQs of World Bank – Washington D.C., US | President – Ajay Banga | MD/CFO – Anshula Kant | Members – 189
Defence Affairs
33. The Indian Army has launched “Vidyut Rakshak”, an integrated generator
monitoring, protection, and control system developed by the Army Design Bureau
(ADB). This tech-based innovation, part of the Army’s ‘Year of Tech Absorption’, utilizes
Internet of Things (IoT) technology to monitor, predict faults, and automate manual
operations of all existing generators, regardless of type or make. The system aims to
save manpower and signifies the Army’s commitment to leveraging technology for
transformative change. Vidyut Rakshak was showcased during ‘Aero India 2023’ and has
already been inducted into the Indian Army. Vidyut Rakshak has been developed by Major Rajprasad R S and was displayed
recently during the ‘Exercise Bharat Shakti’ and was witnessed by PM. {Read more}
Smart Points:
• Indian Army – launched “Vidyut Rakshak”, an integrated generator monitoring, protection & control system
• Developed by = Army Design Bureau + Major Rajprasad R S | Aim: To save manpower
• This tech-based innovation is part of Indian Army’s ‘Year of Tech Absorption’
• It was displayed recently during the ‘Exercise Bharat Shakti’ & ‘Aero India 2023’
• HQs of Indian Army – New Delhi | Chief – General Manoj Pande | Vice Chief – Lt. Gen. Upendra Dwivedi
34. Indian Navy’s indigenous Stealth Frigate, INS Shivalik, has participated in the bilateral
maritime exercise, “Japan-India Maritime Exercise (JIMEX 24)”, at Yokosuka in Japan.
While, Japan was represented by the Guided Missile Destroyer JS Yugiri. Navies of both
the countries will jointly hone their war fighting skills at sea and enhance their
interoperability. The exercise also reaffirms their shared commitment towards maritime
security in the Indo-Pacific region. {Read more}
Smart Points:
• INS Shivalik – participated in bilateral maritime exercise, “Japan-India Maritime Exercise (JIMEX 24)”, at Yokosuka, Japan
• Japan – Tokyo – Yen | PM – Fumio Kishida
https:// /#
35. Adani Enterprises’ defence arm, Adani Defence & Aerospace, has entered into an agreement with UAE-based EDGE
Group to cater to the military requirements of both global and local customers. Under the partnership, both the firms aim
to establish a global platform leveraging the defence and aerospace capabilities of both companies to bring together their
respective product portfolios. Ashish Rajvanshi is the CEO of Adani Defence & Aerospace. {Read more}
Smart Points:
• Adani Defence & Aerospace + EDGE Group (UAE) = an agreement for global & local military requirements
• HQs of Adani Defence & Aerospace – Ahmedabad, Gujarat | CEO – Ashish Rajvanshi
Sports & Games

36. Dinesh Karthik of Tamil Nadu has officially announced his retirement from all forms of
cricket. The veteran wicketkeeper-batter had made his India debut when he was 19 in an ODI
against England at Lord’s in September 2004 and has played in as many as 6 IPL teams. He
ended the current season with 326 runs in 15 matches with an average of 36.22, and a strike
rate of 187.36. Besides, Maharashtra’s batter Kedar Jadhav has also announced his retirement
from international cricket. The 39-year-old made his international debut for India in November 2014. Jadhav is currently
captaining Kolhapur Tuskers in the Maharashtra Premier League. {Read more}
Smart Points:
• Dinesh Karthik (TN) – announced his retirement from all forms of cricket (debut in 2004)
• Kedar Jadhav (Maharashtra) – announced his retirement from international cricket (debut in 2014)
37. Norwegian chess grandmaster Magnus Carlsen won the “Norway Chess 2024” tournament
in men’s section, after defeating Fabiano Caruana. In his 10 games, Carlsen claimed 3 wins in
the classical format while he had 5 victories via the Armageddon format. Meanwhile, in the
women’s section of Norway Chess, Ju Wenjun of China, claimed the title with 19 points ahead
of Anna Muzychuk. {Read more}
Smart Points:
• “Norway Chess 2024” tournament:
• Men’s section – Magnus Carlsen (Norway) | Defeated – Fabiano Caruana (Italian-American)
• Women’s section – Ju Wenjun (China) | Defeated – Anna Muzychuk (Ukraine)
• Magnus Carlsen claimed 3 wins in classical format & 5 in Armageddon format (out of total 10 games)
38. Sumit Nagal, India’s highest-ranked tennis player, clinched the men’s singles title at the “Heilbronn
Neckarcup 2024 Challenger” ATP Challenger tennis tournament in Germany. This is his 6th ATP Challenger
title. The Indian tennis player, ranked 95th in the men’s singles world rankings, beat world No. 184
Alexander Ritschard of Switzerland. With this victory, Sumit has qualified for the upcoming Paris Olympics.
{Read more}
Smart Points:
• “Heilbronn Neckarcup 2024 Challenger” ATP Challenger tennis tournament – held in Germany
• Men’s singles title – India’s Sumit Nagal (his 6th ATP Challenger title) | Defeated – Alexander Ritschard (Switzerland)
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39. Carlos Alcaraz of Spain and Iga Swiatek of Poland won the “2024 French Open” men’s
and women’s tennis single titles, respectively. It marks the first French Open singles title for
Carlos Alcaraz and the fourth singles title for Iga Swiatek. Carlos defeated Alexander Zeverev
of Germany, while Swiatek defeated Jasmine Paolini of Italy. Chris Evert of the USA holds the
record for maximum women’s singles title at 7 times. Besides, Men’s Doubles title was won
by Mate Pavic (Croatia) and Marcelo Alevaro (El Salvador), while Coco Gauff (USA) and
Katerina Siniakova (Czech) won Women’s Double title. Desirae Krawczyk (USA) and Neal Skupski (Britain) won Mixed
Doubles. French Open is the second Grand Slam event in a calendar year after the Australian Open. It is played on the Red
Clay surface. {Read more}
Smart Points:
• “2024 French Open” titles:
- Men’s singles – Carlos Alcaraz (Spain) | Defeated – Alexander Zeverev (Germany)
- Women’s singles – Iga Swiatek (Poland) | Defeated – Jasmine Paolini (Italy)
- Men’s Doubles – Mate Pavic (Croatia) & Marcelo Alevaro (El Salvador)
- Women’s Doubles – Coco Gauff (USA) & Katerina Siniakova (Czech)
- Mixed Doubles – Desirae Krawczyk (USA) & Neal Skupski (Britain)
• Maximum women’s singles title winner – Chris Evert (USA) with 7 times
• French Open – 2nd Grand Slam event in a calendar year (after Australian Open) & is played on Red Clay surface
40. India’s Puja Tomar, from Uttar Pradesh, has scripted history as she became the first Mixed
Martial Arts (MMA) fighter from India to win a bout at the “Ultimate Fighting Championship (UFC)
2024” in UFC Louisville, Kentucky, US. She won over Brazil's Rayanne dos Santos in the straw-
weight (52kg) bout. Born in Budhana village of Uttar Pradesh’s Muzaffarnagar, Tomar is a five-time
national wushu champion and also has a background in karate and taekwondo. UFC is an American
mixed martial arts promotion company. {Read more}
Smart Points:
• “Ultimate Fighting Championship (UFC) 2024” – held in UFC Louisville, Kentucky, US
• Puja Tomar (UP) – first Mixed Martial Arts fighter from India to win a bout in straw-weight (52kg) bout
- Defeated – Rayanne dos Santos (Brazil)
• She is a 5-time national wushu champion | UFC – an American mixed martial arts promotion company
41. Indian chess player Divya Deshmukh emerged victorious in the “World Junior Girls’ Chess
Championship 2024” by defeating Beloslava Krasteva of Bulgaria at the Gift City, Gandhinagar, Gujarat.
Deshmukh, an International Master, finished the tournament with an impressive score of 10 points out
of a possible 11, securing a half-point lead over the 2nd-placed Mariam Mkrtchyan of Armenia at the Gift
City. Ayan Allahverdiyeva of Azerbaijan claimed the 3rd spot. {Read more}
Smart Points:
• “World Junior Girls’ Chess Championship 2024” – held in Gift City, Gandhinagar, Gujarat
• Winner – Divya Deshmukh (India) | Defeated – Beloslava Krasteva (Bulgaria)
• 2nd – Mariam Mkrtchyan (Armenia) | 3rd – Ayan Allahverdiyeva (Azerbaijan)
https:// /#
42. In Equestrian, Shruti Vora has scripted history becoming the first Indian rider to win a 3-
star Grand Prix event. Shruti along with her astride Magnanimous, scored 67.761 points in the
CDI-3 event in “FEI Dressage World Cup” held in Lipica, Slovenia. She finished ahead of
Moldova’s Tatiana Antonenco, who scored 66.552 points. With this, she earned her first
Minimum Eligibility Requirement (MER) point for 2024 Paris Olympics. Veteran rider Shruti
Vora also represented India in Dressage World Championship 2022 and in the Asian Games of
2010 and 2014. {Read more}
Smart Points:
• CDI-3 event in “FEI Dressage World Cup” – held in Lipica, Slovenia
• Shruti Vora (Equestrian) – first Indian rider to win a 3-star Grand Prix event (score - 67.761 points)
• 2nd – Moldova’s Tatiana Antonenco (66.552 points)
• With this, Shruti Vora earned her first Minimum Eligibility Requirement (MER) point for 2024 Paris Olympics
• HQs of Equestrian Federation of India – New Delhi | Secretary General – Col. Jaiveer Singh
Persons in News
43. Lok Sabha Speaker Om Birla won the Kota parliamentary seat by a margin of more than 41,139 votes
on June 4, thus becoming the first presiding officer in 20 years to be re-elected to the Lower House of
Parliament or Lok Sabha. The last Lok Sabha speaker to get re-elected to the Lower House was P. A. Sangma,
who was the presiding officer of the 11th Lok Sabha from 1996 to 1998. {Read more}
Smart Points:
• Lok Sabha Om Birla – became the first presiding officer in 20 years to be re-elected to the Lower House
• He won the Kota (Rajasthan) parliamentary seat by a margin of more than 41,139 votes
• The last Lok Sabha speaker to get re-elected to the Lower House – P. A. Sangma
44. India’s first woman Permanent Representative to the United Nations, Ruchira Kamboj, retired
after 35 years of service, during which she served as Indian envoy in Bhutan, South Africa and the
UNESCO. Kamboj was the All India women’s topper of the 1987 Civil Services batch and the topper
of the 1987 Indian Foreign Service (IFS) batch. She became Permanent Representative/Ambassador
of India to New York, on August 2, 2022. From 2011-14, she was India’s Chief of Protocol, the first
and the only woman so far in Government to have held this position. {Read more}
Smart Points:
• Ruchira Kamboj (India’s first woman Permanent Representative to UN) – retired after 35 years of service
• She served as Indian envoy in Bhutan, South Africa and the UNESCO
• She was India’s Chief of Protocol, the first & the only woman so far in Govt to have held this position (from 2011-14)
https:// /#
45. Sub Lieutenant Anamika B. Rajeev became the Indian Navy’s first woman helicopter
pilot during a passing out parade held in the naval air station INS Rajali at Arakkonam in
Ranipet district, Tamil Nadu. A total of 21 officers were awarded the prestigious ‘Golden
Wings’ by Vice Admiral Rajesh Pendharkar, Flag Officer Commanding-in-Chief, Eastern
Naval Command. Lieutenant Gurkirat Rajput received the FOC-in-C, Eastern Naval
Command Rolling Trophy for the trainee pilot standing First in Order of Merit in flying. Lt
Nitin Sharan Chaturvedi received the Sub Lieutenant Kunte Memorial Book Prize for
standing First in Order of Merit in ground subjects. Lieutenant Deepak Gupta received the Governor of Kerala Rolling Trophy
for first in Overall Order of Merit. A passing out parade was held on June 7 to mark the graduation of the 102 nd Helicopter
Conversion Course. {Read more}
Smart Points:
• Sub Lt Anamika B. Rajeev – became Navy’s first woman helicopter pilot during a passing out parade
• 21 officers were awarded ‘Golden Wings’ – by V Adm Rajesh Pendharkar (FOC-in-C, ENC)
• ‘FOC-in-C, ENC Rolling Trophy for Trainee Pilot’ – given to Lt Gurkirat Rajput
• ‘Sub Lt Kunte Memorial Book Prize’ – given to Lt Nitin Sharan Chaturvedi
• ‘Governor of Kerala Rolling Trophy’ – Lt Deepak Gupta
• Passing out Parade was held at – INS Rajali at Arakkonam in Ranipet, Tamil Nadu
• HQs of Indian Navy – Delhi | Chief – Admiral Dinesh K. Tripathi | Vice Chief – Vice Admiral Krishna Swaminathan
Science & Technology

46. NASA’s James Webb Space Telescope (JWST) has spotted the earliest-known galaxy,
called “JADES-GS-z14-0”. The discovery was made by an international team of astronomers,
who used JWST to observe galaxies as part of the JWST Advanced Deep Extragalactic Survey
(JADES) program. This galaxy measures about 1,700-light years across. The galaxy has a mass
equivalent to 500 million stars the size of our Sun. The galaxy is surprisingly bright and big
considering it formed during the universe’s infancy. It existed about 290 million years after the
Big Bang event. Until now, the earliest-known galaxy dated to about 320 million years after the Big Bang. {Read more}
Smart Points:
• JWST (NASA) – spotted earliest-known galaxy, “JADES-GS-z14-0,” while observing galaxies as part of JADES program
• JADES – JWST Advanced Deep Extragalactic Survey
• It measures about 1,700-light years across | Mass – equivalent to 500 million stars the size of our Sun
• It existed about 290 million years after the Big Bang event
47. National Aeronautics and Space Administration (NASA) and the European Space Agency (ESA) have collaborated to
develop a Standardized Time System for the moon as part of the Artemis program, which aims to return humans to the lunar
surface. The initiative addresses the need for a unified timekeeping system to coordinate missions from different countries
and private entities. The moon’s day-night cycle lasts about 29.5 Earth days. The Artemis program, led by NASA, aims to land
the first woman and the next man on the moon by 2024. {Read more}
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Smart Points:
• NASA + ESA = to develop a Standardized Time System for moon as part of Artemis program aiming to return humans to
lunar surface
• It addresses need for a unified timekeeping system to coordinate missions from different countries & private entities
• Day-night cycle of Moon – lasts about 29.5 Earth days
• Artemis program – led by NASA | Aim: To land first woman & next man on moon by 2024
• HQs of ESA – Paris, France | DG – Josef Aschbacher
48. China has become the first country to display its national flag on the moon’s far side,
which permanently faces away from Earth. The Chang’e-6 lunar probe, carrying the first
lunar rocks ever collected from the far side of the moon, took off and entered lunar orbit,
following successful sample collection over the previous two days. Chang’e-6 successfully
landed in the South Pole-Aitken Basin, the moon’s oldest impact basin formed some 4
billion years ago. It marked the 2nd time a mission has successfully reached the far side of
the moon, after China first completed that historic feat in 2019 with its Chang’e-4 probe. {Read more}
Smart Points:
• China – first country to display its national flag on the moon’s far side, which permanently faces away from Earth
• Chang’e-6 lunar probe – landed in South Pole-Aitken Basin (moon’s oldest impact basin)
• China marked 2nd mission that reached far side of the moon | 1st – in 2019
• China – Beijing – Renminbi | President – Xi Jinping | PM – Li Qiang
49. The “Tmesipteris oblanceolate”, a fork fern species, has been crowned as Guinness World
Record holder for having the world’s largest genome of any organism on the Earth. It is 7% larger
than that of the previous record-holder, the Japanese flowering plant, ‘Paris japonica’, and more
than 50 times the size of the human genome. The fern grows primarily on the ground or atop
fallen tree trunks in New Caledonia, about 750 miles (1,200 km) east of Australia. The specimens
used in the study were collected last year on New Caledonia’s Grande Terre Island. The fern
grows 5 to 10 centimetres tall. {Read more}
Smart Points:
• “Tmesipteris oblanceolate”, a fork fern species – crowned as Guinness World Record holder for having world’s largest
genome of any organism on Earth
• It is 7% larger than previous record-holder, Japanese flowering plant, ‘Paris japonica’ & more than 50 times size of human
genome
• Location – New Caledonia | It grows 5 to 10 centimetres tall
• New Caledonia – Noumea – CFP Franc | President – Louis Mapou
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50. Qatar Airways has unveiled “Sama 2.0”, the world’s first AI-powered digital flight attendant.
Sama, developed in collaboration with UneeQ, is named after the Arabic word for ‘sky’. Sama
interacts with passengers in real-time, providing answers to queries ranging from FAQs to
destination information. The digital flight attendant is accessible through Qatar Airways’ immersive
digital platform, QVerse, and their mobile app. {Read more}
Smart Points:
• Qatar Airways – unveiled “Sama 2.0”, world’s first AI-powered digital flight attendant
• Developed by = Qatar Airways + UneeQ
• It is accessible through – Qatar Airways’ immersive digital platform, ‘QVerse’ & their mobile app
51. Russian cosmonaut Oleg Kononenko has broken a major record, becoming the first person to spend a
cumulative 1,000 days in space. The 59-year-old reached this milestone while on his current mission aboard
the ISS, which he started in September 2023 and will end a later year in September 2024. The cosmonaut has
been on 5 missions to the ISS. By the time he touches down on Earth again, his total number of days spent in
orbit will have reached 1,110. {Read more}
Smart Points:
• Oleg Kononenko (Russian cosmonaut) – became first person to spend a cumulative 1,000 days in space
• He is currently on his mission aboard ISS (from Sep 2023 to Sep 2024) | He has been on 5 missions to ISS
• By the time he touches down on Earth again, his total number of days spent in orbit will be – 1,110
• Russia – Moscow – Russian Ruble | PM – Mikhail Mishustin | President – Vladimir Putin
52. ISRO Chairman S. Somanath has inaugurated a state-of-the-art Propellant Tank

Production and Computer Numerical Centre (CNC) Machining facility at Hindustan
Aeronautics Limited’s (HAL) Aerospace Division in Bengaluru, Karnataka. The ISRO
has partnered with HAL for this facility. The newly established facilities would
provide a major boost to ISRO’s ability to meet its growing production needs,
particularly for India’s heaviest and most powerful rocket, the Launch Vehicle
Mark-3 (LMV3). The ongoing collaboration of HAL with ISRO would accelerate
human spaceflight missions and development of Next-Generation Launch Vehicles (NGLV). {Read more}
Smart Points:
• ISRO + HAL = inaugurated a state-of-the-art Propellant Tank Production & Computer Numerical Centre (CNC) Machining
facility in Bengaluru
• HQs of ISRO – Bengaluru, Karnataka | Director – S. Somanath | Formed on – August 15, 1969
• HQs of HAL – Bengaluru, Karnataka | CEO – Amitabh Bhatt | CMD – C. B. Ananthakrishnan (addi. charge)
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53. The Indian Space Research Organization (ISRO) and the French Space Agency, CNES, have
agreed to work together on a satellite mission, called “Thermal Infrared Imaging Satellite for
High-resolution Natural Resource Assessment (TRISHNA)”. TRISHNA is engineered to deliver
high spatial and high temporal resolution monitoring of earth’s surface temperature,
emissivity, and biophysical and radiation variables for surface energy budgeting at regional
to global scale. TRISHNA’s primary objectives include detailed monitoring of the energy and water budgets of the continental
biosphere for quantifying terrestrial water stress and water use. TRISHNA mission will also help in a comprehensive
assessment of urban heat islands, detection of thermal anomalies linked to volcanic activity and geothermal resources, and
precise monitoring of snow-melt runoff and glacier dynamics. The mission will also provide valuable data on aerosol optical
depth, atmospheric water vapour, and cloud cover. {Read more}
Smart Points:
• ISRO + CNES = agreed to work together on a satellite mission, called “Thermal Infrared Imaging Satellite for High-
resolution Natural Resource Assessment (TRISHNA)”
• Aim: To deliver high spatial and high temporal resolution monitoring of earth’s surface temperature, emissivity, and
biophysical and radiation variables for surface energy budgeting at regional to global scale
• HQs of ISRO – Bengaluru, Karnataka | Director – S. Somanath | Formed on – August 15, 1969
• France – Paris – Euro | President – Emmanuel Macron | PM – Gabriel Attal
54. Nokia CEO Pekka Lundmark has made a phone call using a new technology called
“immersive audio and video” that improves the quality of a call with three-dimensional
(3D) sound, making interactions more lifelike. Current smartphone calls are monophonic
which compresses audio elements together and sound flatter and less detailed, but the
new technology will bring 3D audio where a caller will hear everything as if they were
there with the other person. Nokia made the call using a regular smartphone over a public 5G network. {Read more}
Smart Points:
• Pekka Lundmark (Nokia CEO) – made a phone call using a new technology called “immersive audio and video”
• This technology improves quality of a call with 3D sound, making interactions more lifelike
• HQs of Nokia – Espoo, Finland | CEO – Pekka Lundmark | Founded in – 1865
55. Researchers of IIT Madras and NASA’s Jet Propulsion Laboratory are studying multi-
drug resistant pathogens on the international space station (ISS). The researchers
studied the ‘Enterobactor bugandensis’, a nosocomial pathogen found on the surfaces
within the ISS. An understanding of the microbial landscape on the ISS would help to
assess the impact of the micro-organisms on astronauts’ well-being. The findings were
published in the peer-reviewed journal ‘Microbiome’. The researchers uncovered a
complex web of interactions between E. bugandensis and other microorganisms aboard
ISS, highlighting the parasitic and symbiotic relationships that influence microbial growth dynamics. {Read more}
Smart Points:
• IIT Madras + NASA’s Jet Propulsion Laboratory = studying multi-drug resistant pathogens on ISS
• They studied ‘Enterobactor bugandensis’, a nosocomial pathogen found on surfaces within ISS
• Findings were published in the peer-reviewed journal, ‘Microbiome’
• Director of IIT Madras – V. Kamakoti
https:// /#
56. Tata Consultancy Services (TCS) has unveiled “WisdomNext”, a platform that aggregates
multiple Generative Artificial Intelligence (GenAI) services into a single interface. TCS AI
WisdomNext helps businesses choose the right models and simplify the design of new
business solutions using GenAI tools. This platform helps customers take advantage of GenAI
to unlock the full potential of their data, drive greater business innovation and efficiency, and
gain a competitive edge. The company has created one of the largest AI / ML and GenAI talent pools in the industry, by
training over 3,00,000 employees on the foundational skills of AI/ ML, including GenAI. {Read more}
Smart Points:
• TCS – unveiled “WisdomNext”, a platform that aggregates multiple GenAI services into a single interface
• It helps businesses choose right models & simplify design of new business solutions using GenAI tools
• HQs of TCS – Mumbai, Maharashtra | CEO – K. Krithivasan | Founded in – 1968
57. The Startup Incubation and Innovation Centre (SIIC) at IIT Kanpur has
partnered with the Centre of Excellence for Capacity Building, Training, and Design
of Unmanned Aerial Vehicles (UAVs) at IIT Kanpur (Drone CoE Kanpur), an
initiative by the Government of Uttar Pradesh, and the Drone Federation of India
(DFI) to launch the “UAV/UAS/Drone Acceleration and Networking (UDAAN)
Program”. This program promises to be a game-changer for aspiring and
promising drone startups in India, providing them with the resources and
expertise needed to scale their businesses rapidly. The UDAAN program will select 20 startups annually, divided into two
cohorts, for an intensive acceleration journey. The program offers a comprehensive support system designed to equip
startups with the tools they need to thrive in the competitive drone landscape. Furthermore, startups will have access to
state-of-the-art testing facilities at the Drone CoE, including the Helicopter and VTOL Laboratory, Flight Laboratory, and the
National Wind Tunnel Facility. Additionally, the top 6 startups in each cohort will receive fellowship support of Rs. 3 lakhs
per annum. {Read more}
Smart Points:
• SIIC (IIT Kanpur) + CoE for UAVs + DFI = launched “UAV/UAS/Drone Acceleration and Networking (UDAAN) Program”
• It will select 20 startups annually, divided into two cohorts, for an intensive acceleration journey
• Top 6 startups in each cohort will receive fellowship support of Rs 3 lakhs per annum
• Director of IIT Kanpur – Manindra Agrawal
Appointments & Resignations

58. The government has named Sushil Kumar Singh as the Chairperson of Deendayal Port Authority
(formerly Kandla Port). He is a Joint Secretary looking after Ports/PPP and PHRD in the Ministry of Ports,
Shipping and Waterways. He succeeds S. K. Mehta who stepped down from the post in April after a 5-
year term. Deendayal Port Authority runs India’s second biggest state-owned commercial port by
volumes handled. Singh’s appointment will run through January 31, 2027. {Read more}
Smart Points:
• Sushil Kumar Singh – appointed as Chairperson of Deendayal Port Authority till Jan 31, 2027 (succeeding - S. K. Mehta)
• Deendayal Port Authority – runs India’s 2nd biggest state-owned commercial port by volumes handled
• Location of DPA – Gandhidham, Gujarat | Chairperson – Sushil Kumar Singh
https:// /#
59. Kuwait’s emir Sheikh Meshal Al-Ahmad Al-Sabah has appointed Sheikh Sabah Khalid al-Sabah
as Crown Prince of Kuwait. This marks the first time a crown prince has been chosen from the Al
Hamad branch of the Mubarak line of the ruling ‘Al Sabah’ family. This new move breaks the
tradition of selecting crown princes from the ‘Al Jaber’ or ‘Al Salem’ branches. It is also the first
time a Kuwaiti crown prince has been named, without his father ever ruling as an Emir. Sheikh
Sabah Al Khalid previously served as Kuwait’s Prime Minister from 2019 to 2022. {Read more}
Smart Points:
• Sheikh Sabah Khalid al-Sabah – appointed as Crown Prince of Kuwait
• This marks the first time a crown prince is chosen from the ruling ‘Al Sabah’ family, instead ‘Al Jaber’ or ‘Al Salem’
• Kuwait – Kuwait City – Dinar | PM – Ahmad Abdullah al-Ahmad al- Sabah | Emir – Sheikh Meshal
60. 73-year old Prime Minister-designate Narendra Modi took oath for a third straight term
as PM of India. PM Modi is the head of a 72-member Council of Ministers. He was sworn in
by the President Droupadi Murmu. PM Modi equalled the feat of the first Prime Minister
Jawaharlal Nehru, who won 3 straight terms in the 1952, 1957 and 1962 general elections.
After PM Modi, Rajnath Singh, Amit Shah, Nitin Gadkari were among 35 other Cabinet
Ministers who took oath. 36 Ministers of State, and 5 Ministers of State (independent charge) also took oath of office. The
NDA won 286 seats in this election, and the BJP won 240 seats, falling short of the 272 majority mark. This is well below the
303 and 282 seats BJP had won in 2019 and 2014, respectively. TDP MP Dr. Chandra Sekhar Pemmasani with an asset of
₹5700 crore has become the richest minister to join the council of ministers in the 18th Lok Sabha. 36-year old K Ram Mohan
Reddy of the Telugu Desam party is the youngest ever to become a cabinet minister in India. Indira Gandhi holds the record
for being the Prime Minister of India 4 times but not in straight terms. Among the States/Union Territories, Uttar Pradesh
has the highest representation and the largest number of seats in the Lok Sabha at 80. {Read more}
Smart Points:
• Narendra Modi – took oath for a third straight term as PM of India | He is head of a 72-member Council of Ministers
• He is 2nd PM to took oath for 3 straight terms | 1st – Jawaharlal Nehru (1952, 1957 & 1962)
• Other ministers: Cabinet Ministers – 35 | Ministers of State – 36 | Ministers of State (I/C) – 5
• Seats won by NDA in 2024 General Elections – 286 | BJP – 240 (303 in 2019 & 282 in 2014)
• Richest minister to join Council of Ministers in 18th Lok Sabha – Dr. Chandra Sekhar Pemmasani of TDP (₹5700 Cr)
• Youngest minister to become a Cabinet Minister in India – K Ram Mohan Reddy of TDP (36 years)
• Indira Gandhi – holds record for being PM of India 4 times (but not in straight terms)
• UP – has the highest representation & largest number of seats in the Lok Sabha (80)
61. Prime Minister Narendra Modi allocated portfolios to the newly elected ministers in his cabinet on June 10. The first
cabinet meeting took place in New Delhi. It has 27 ministers from Other Backward Classes, 10 from Scheduled Castes, 5 from
Scheduled Tribes and 5 from minorities. Council of Ministers - Rajnath Singh, Amit Shah, Nitin Gadkari, JP Nadda, Shivraj
Singh Chauhan, Nirmala Sitharaman, S Jaishankar; ML Khattar, HD Kumaraswamy, Piyush Goyal, Dharmendra Pradhan, Jitan
Ram Manjhi, Rajeev Ranjan Singh, Sarbananda Sonowal and Dr Virendra Kumar - among others took oath. Narendra Modi
is the Prime Minister and also in-charge of Ministry of Personnel, Public Grievances and Pensions; Department of Atomic
Energy; Department of Space; All important policy issues; and All other portfolios not allocated to any Minister. Union
Ministers like Amit Shah, Rajnath Singh, Nitin Gadkari, S. Jaishankar and Nirmala Sitharaman have retained their old
portfolios, but there were some new faces like Shivraj Singh Chouhan, J.P. Nadda and H.D. Kumaraswamy. Notable absentees
were Anurag Thakur and Smriti Irani. Other ministers and their ministries are mentioned below. {Read more}
https:// /#
Smart Points:
• Latest List of newly elected Cabinet Ministers and Ministers of State:
• Cabinet Ministers:
- Narendra Modi – Ministry of Personnel, Public Grievances & Pensions; Department of Atomic Energy; Department
of Space
- Rajnath Singh – Ministry of Defence
- Amit Shah – Ministry of Home Affairs; Ministry of Cooperation
- Nitin Gadkari – Ministry of Road Transport & Highways; Ministry of Chemicals & Fertilizers
- JP Nadda – Ministry of Health & Family Welfare
- Shivraj Singh Chouhan – Ministry of Agriculture & Farmers Welfare; Ministry of Rural Development
- Nirmala Sitharaman – Ministry of Finance; Ministry of Corporate Affairs
- Subrahmanyam Jaishankar – Ministry of External Affairs
- Manohar Lal Khattar – Ministry of Housing & Urban Affairs; Ministry of Power
- HD Kumaraswamy – Ministry of Heavy Industries; Ministry of Steel
- Piyush Goyal – Ministry of Commerce & Industry
- Dharmendra Pradhan – Ministry of Education
- Jitan Ram Manjhi – Ministry of Micro, Small & Medium Enterprises
- Lalan Singh – Ministry of Panchayati Raj; Ministry of Fisheries, Animal Husbandry & Dairying
- Sarbanda Sonowal – Ministry of Ports, Shipping & Waterways
- Virendra Kumar – Ministry of Social Justice & Empowerment
- Kinjarapu Ram Mohan Naidu – Ministry of Civil Aviation
- Prahlad Joshi – Ministry of Consumer Affairs, Food & Public Distribution; Ministry of New & Renewable Energy
- Jual Oram – Ministry of Tribal Affairs
- Giriraj Singh – Ministry of Textiles
- Ashwini Vaishnaw – Ministry of Railways; Ministry of Information & Broadcasting; Ministry of Electronics &
Information Technology
- Jyotiraditya Scindia – Ministry of Communications; Ministry of Development of North Eastern Region
- Bhupendra Yadav – Ministry of Environment & Forests
- Gajendra Singh Shekhawat – Ministry of Tourism; Ministry of Culture
- Annpurna Devi – Ministry of Women & Child Development
- Kiren Rijiju – Ministry of Parliamentary Affairs; Ministry of Minority Affairs
- Hardeep Singh Puri – Minister of Petroleum & Natural Gas
- Mansukh Mandaviya – Ministry of Labour & Employment; Ministry of Youth Affairs & Sports
- G Kishan Reddy – Ministry of Coal; Ministry of Mines
- Chirag Paswan – Ministry of Food Processing Industries
- C R Patil – Ministry of Jal Shakti
https:// /#
• Ministers of State (Independent Charge):
- Rao Inderjit Singh – Ministry of Statistics & Programme Implementation; Ministry of Planning; Minister of State in
the Ministry of Culture
- Jitendra Singh – Ministry of Science & Technology; Ministry of Earth Sciences; Minister of State in the Prime
Minister’s Office; Minister of State in the Ministry of Personnel, Public Grievances & Pensions; Minister of State in
the Department of Atomic Energy; Minister of State in the Department of Space
- Arjun Ram Meghwal – Ministry of Law & Justice; Minister of State in the Ministry of Parliamentary Affairs
- Prataprao Ganpatrao Jadhav – Ministry of Ayush; Minister of State in the Ministry of Health & Family Welfare
- Jayant Chaudhary – Ministry of Skill Development & Entrepreneurship; Minister of State in the Ministry of Education
• Ministers of State:
- Jitin Prasada – MoS Ministry of Commerce & Industry; MoS Ministry of Electronics & Information Technology.
- Shripad Yesso Naik – MoS Ministry of Power; MoS Ministry of New & Renewable Energy
- Pankaj Chaudhary – MoS Ministry of Finance
- Krishan Pal – MoS Ministry of Cooperation
- Athawale Ramdas Bandu – MoS Ministry of Social Justice & Empowerment
- Ram Nath Thakur – MoS Ministry of Agriculture & Farmers Welfare
- Nityan& Rai – MoS Ministry of Home Affairs
- Anupriya Singh Patel – MoS Ministry of Health & Family Welfare; MoS Ministry of Chemicals & Fertilizers
- V Somanna – MoS Ministry of Jal Shakti; MoS Ministry of Railways
- Chandra Sekhar Pemmasani – MoS Ministry of Rural Development; MoS Ministry of Communications
- S. P. Singh Baghel – MoS Ministry of Fisheries, Animal Husbandry & Dairying; MoS Ministry of Panchayati Raj
- Shobha Karandlaje – MoS Ministry of Micro, Small & Medium Enterprises; MoS Ministry of Labour & Employment
- Kirti Vardhan Singh – MoS Ministry of Environment, Forest & Climate Change; MoS Ministry of External Affairs
- BL Verma – MoS Ministry of Consumer Affairs, Food & Public Distribution; MoS Ministry of Social Justice &
Empowerment
- Shantanu Thakur – MoS Ministry of Ports, Shipping & Waterways
- Suresh Gopi – MoS Ministry of Petroleum & Natural Gas; MoS Ministry of Tourism
- L. Murugan – MoS Ministry of Information & Broadcasting; MoS Ministry of Parliamentary Affairs
- Ajay Tamta – MoS Ministry of Road Transport & Highways
- Bandi Sanjay Kumar – MoS Ministry of Home Affairs
- Kamlesh Paswan – MoS Ministry of Rural Development
- Bhagirath Choudhary – MoS Ministry of Agriculture & Farmers Welfare.
- Satish Chandra Dubey – MoS Ministry of Coal; MoS Ministry of Mines
- Sanjay Seth – MoS Ministry of Defence
- Ravneet Singh Bittu – MoS Ministry of Food Processing Industries; MoS Ministry of Railways
- Durga Das Uikey – MoS Ministry of Tribal Affairs
- Raksha Nikhil Khadse – MoS Ministry of Youth Affairs & Sports
https:// /#
- Sukanta Majumdar – MoS Ministry of Education; MoS Ministry of Development of North Eastern Region.
- Savitri Thakur – MoS Ministry of Women & Child Development.
- Tokhan Sahu – MoS Ministry of Housing & Urban Affairs
- Raj Bhushan Choudhary – MoS Ministry of Jal Shakti
- Bhupathi Raju Srinivasa Varma – MoS Ministry of Heavy Industries; MoS Ministry of Steel
- Harsh Malhotra – MoS Ministry of Road Transport & Highways; MoS Ministry of Corporate Affairs
- Nimuben Bambhania – MoS Ministry of Consumer Affairs, Food & Public Distribution
- Murlidhar Mohol – MoS Ministry of Cooperation; MoS Ministry of Civil Aviation
- George Kurian – MoS Ministry of Minority Affairs; MoS Ministry of Fisheries, Animal Husbandry & Dairying
- Pabitra Margherita – MoS Ministry of External Affairs; MoS Ministry of Textiles
62. The Centre has appointed Lt Gen Upendra Dwivedi as next Chief of the Army Staff. He will take charge
from June 30. Dwivedi, currently Vice Chief of the Army Staff, will succeed incumbent General Manoj
Pande, whose tenure was extended by one month till June 30. During his long service spanning nearly 40
years, Mr Upendra has served in a variety of Command, Staff, Instructional and Foreign appointments. The
Command appointments of Lt Gen Dwivedi include Command of Regiment (18 Jammu & Kashmir Rifles),
Brigade (26 Sector Assam Rifles), Inspector General, Assam Rifles (East) and 9 Corps. {Read more}
Smart Points:
• Lt Gen Upendra Dwivedi – appointed as next Chief of the Army Staff (succeeding - Gen Manoj Pande)
• HQs of Indian Army – New Delhi | Chief – General Manoj Pande | Vice Chief – Lt. Gen. Upendra Dwivedi
63. Sikkim Krantikari Morcha (SKM) convener Prem Singh Tamang was sworn in as the Chief Minister of
Sikkim for the second consecutive term. His council of Ministers will also be administered the oath of office
at the Paljor stadium in Gangtok. The ruling SKM secured a resounding victory in the state, clinching a
landslide win by capturing 31 out of 32 seats in the assembly elections. In contrast, the Sikkim Democratic
Front (SDF) only managed to secure a victory in the Shyari constituency. {Read more}
Smart Points:
• Prem Singh Tamang (Sikkim Krantikari Morcha party) – sworn in as CM of Sikkim (2nd consecutive term)
• Sikkim: Capital – Gangtok | CM – Prem Singh Tamang | Governor – Lakshman Prasad Acharya
64. Kamal Kishore Soan, a senior IAS officer from Jharkhand Cadre, took over the additional charge of
Director General of Employees’ State Insurance Corporation (ESIC) under Ministry of Labour & Employment.
He is currently serving as an Additional Secretary and Director General of Labour Welfare in the Ministry of
Labour & Employment. He succeeds Rajendra Kumar. {Read more}
Smart Points:
• Kamal Kishore Soan – additional charge as DG of ESIC (succeeding - Rajendra Kumar)
• Mr Soan is currently serving as Additional Secretary & DG of Labour Welfare in Ministry of Labour & Employment
• HQs of ESIC – New Delhi | DG – Kamal Kishore Soan (addi. charge)
https:// /#
65. United Nations General Assembly (UNGA) has elected Philemon Yang of Cameroon as President of the
79th Session of the UNGA, starting on September 10, 2024. The President was elected by acclamation. At
an informal dialogue with Assembly members in May, Yang highlighted his theme for the 79 th session as
“Unity in Diversity, for the Advancement of Peace, Sustainable Development, and Human Dignity for
Everyone Everywhere”. He will succeed Dennis Francis, Trinidad and Tobago’s Permanent Representative
to the United Nations. {Read more}
Smart Points:
• Philemon Yang (Cameroon) – elected as President of 79th Session of UNGA from Sep 10 (succeeding - Dennis Francis)
• His theme for 79th session – “Unity in Diversity, for the Advancement of Peace, Sustainable Development, and Human
Dignity for Everyone Everywhere”
• HQs of UNGA – New York, US | 78th Session’s President – Dennis Francis (Trinidad & Tobago) | Members – 193
66. The Central Government has appointed Vijaya Bharathi Sayani as the Acting Chairperson of National
Human Rights Commission (NHRC), with former SC judge Arun Mishra demitting office as Chairperson of
NHRC after a 3-year stint. Justice Mishra was appointed as the 8th Chairperson of the human rights body
in June 2021. {Read more}
Smart Points:
• Vijaya Bharathi Sayani – appointed as Acting Chairperson of NHRC (succeeding - Arun Mishra)
• HQs of NHRC – New Delhi | Acting Chairperson – Vijaya Bharathi Sayani | SG – Bharat Lal | Established in – 1993
67. Four-time MLA and tribal leader Mohan Charan Majhi was sworn in as the first BJP Chief Minister of Odisha
at a ceremony in Bhubaneswar attended by Prime Minister Narendra Modi. K.V. Singh Deo and Pravati Parida
took oath as Deputy Chief Ministers. Governor Rabghubar Das administered the oath of secrecy and office to
them at Janata Maidan. Majhi is the 16th Chief Minister of Odisha. {Read more}
Smart Points:
• Mohan Charan Majhi – sworn in as the first BJP Chief Minister of Odisha (16th CM) | succeeding - Naveen Patnaik
• K.V. Singh Deo & Pravati Parida – took oath as Deputy Chief Ministers
• Odisha: Capital – Bhubaneswar | CM – Mohan Charan Majhi | Governor – Raghubar Das
68. BJP leader Pema Khandu took oath as the Chief Minister of Arunachal Pradesh for the third
consecutive term on June 13, 2024. Mr. Khandu was re-elected unopposed from the Mukto
constituency in Tawang district. He was sworn in by Governor K.T. Parnaik. Chowna Mein took oath as
the Deputy Chief Minister of Arunachal Pradesh. The BJP returned to power in this northeastern State
for the third time in a row, winning 46 seats including, 10 unopposed, in the 60-member Assembly.
{Read more}
Smart Points:
• Pema Khandu – took oath as CM of Arunachal Pradesh for 3rd consecutive term (re-elected)
• Chowna Mein – took oath as Deputy CM of Arunachal Pradesh
• Arunachal Pradesh: Capital – Itanagar | CM – Pema Khandu | Governor – Lt. Gen. Kaiwalya Trivikram Parnaik
https:// /#
69. The Appointment Committee of the Cabinet (ACC) has approved the re-appointment of P K
Mishra as the Principal Secretary to Prime Minister and Ajit Doval as the National Security Advisor
(NSA). Ajit Doval to continue as NSA for the third term. He took over as the NSA in 2014. The first
NSA of India to be appointed in 1998 was Brajesh Mishra. Besides, in a separate order, the ACC
also approved the appointment of former IAS officers Amit Khare and Tarun Kapoor as Advisors
to the Prime Minister, in the PMO, in the rank and scale of Secretary to Government of India.
Their term will be for a period of 2 years. {Read more}
Smart Points:
• P K Mishra – re-appointed as Principal Secretary to PM | Ajit Doval – re-appointed as NSA for 3rd term
• Amit Khare & Tarun Kapoor – appointed as Advisors to PM for 2 years
• 1st NSA of India – Brajesh Mishra (1998)
Awards, Rewards, Recognition & Prizes

70. Indian archers have won 5 medals (1 gold, 2 silver & 2 bronze) at the Archery Asia Cup
2024 Stage 3 in Suwon, South Korea. Kumud Saini won the sole gold medal by defeating Park
Yerin of South Korea in the women’s compound gold event. Kumud Saini, Maya Bishnoi and Tejal
Rajendra Salve won silver in the Women’s compound team event, while other silver medal was
won by Kumud Saini and Manav Jadhao in the Mixed compound team event. The Archery Asia
Cup Stage 1 was held in Baghdad, Iraq, while the Stage 2, to be held in Bangkok, Thailand, was cancelled. {Read more}
Smart Points:
• “Archery Asia Cup 2024 Stage 3” – held in Suwon, South Korea | India – won 5 medals (1 gold, 2 silver & 2 bronze)
• Gold medal: Kumud Saini in women’s compound gold event | Defeated – Park Yerin (South Korea)
• Silver medals:
- Women’s compound team event – Kumud Saini, Maya Bishnoi & Tejal Rajendra
- Mixed compound team event – Kumud Saini & Manav Jadhao
• Archery Asia Cup: Stage 1 – held in Baghdad, Iraq | Stage 2 – was to be held in Bangkok, Thailand (cancelled)
71. Vellayan Subbiah, Executive Vice-Chairman of Tube Investments of India (TII) and Chairman of
Cholamandalam (Chola) Investment and Finance Co. Ltd., was named the “EY World Entrepreneur
of The Year 2024” at an award ceremony held in Monaco’s Salle des Etoiles. Vellayan was selected
from among nearly 5,000 programme participants that included 51 winners across 47 countries and
jurisdictions competing for the global title. He is the 4th winner from India in the award’s 24-year
history, after Narayana Murthy, Uday Kotak and Kiran Mazumdar Shaw. {Read more}
Smart Points:
• Vellayan Subbiah – named as “EY World Entrepreneur of The Year 2024” at award ceremony in Salle des Etoiles, Monaco
• He is Vice-Chairman of Tube Investments of India & Chairman of Cholamandalam (Chola) Investment & Finance Co. Ltd.
• He is 4th winner from India | 1st – Narayana Murthy, 2nd – Uday Kotak, 3rd – Kiran Mazumdar Shaw
https:// /#
72. Krishna Prakash, renowned as the head of Mumbai Police’s elite counter-terrorism unit, Force
One, has been honored with the prestigious Annual “Hindi Sahitya Bharati Award”. The recognition
was bestowed during the ‘Sab Me Ram Shashwat Shri Ram’ multicultural festival in Mumbai. The
festival featured a confluence of music, literature, dance, and theatre. Krishna Prakash has been
instrumental in conceptualizing this festival, aiming to present Lord Ram’s narrative in an engaging
and educational manner. Krishna Prakash is also a two-time Guinness World Record holder who will
achieve his third in June 2024 for initiating the maximum number of letters through postcards to Lord Ram. {Read more}
Smart Points:
• ‘Sab Me Ram Shashwat Shri Ram’ multicultural festival – held in Mumbai
• Krishna Prakash (head of Mumbai Police’s unit, Force One) – honored with Annual “Hindi Sahitya Bharati Award”
• Krishna Prakash – aims to present Lord Ram’s narrative in an engaging & educational manner
• Krishna Prakash – a two-time Guinness World Record holder
- 3rd one to receive in June 2024 for initiating maximum number of letters through postcards to Lord Ram
73. Dr Rashmi Saluja, Executive Chairperson of Religare Enterprises and Chairperson of GTTCI
(Global Trade & Technology Council of India), was awarded the “International Buddha Peace
Award” at the ‘Mahasaddhammajotikadhaja’ title conferring ceremony that took place at the
Myanmar Embassy in New Delhi. Dr Saluja was recognized for her contributions to promoting
peace and global harmony. Over 150 Buddhist monks, followers, dignitaries from various
embassies, and diplomats attended the ceremony. {Read more}
Smart Points:
• Dr Rashmi Saluja – awarded with “International Buddha Peace Award” at ‘Mahasaddhammajotikadhaja’ title conferring
ceremony, held at Myanmar Embassy in New Delhi
• She was recognized for her contributions to promoting peace & global harmony
• She is Executive Chairperson of Religare Enterprises & Chairperson of GTTCI (Global Trade & Technology Council of India)
74. Actor Sanya Malhotra has bagged the Best Actress award for her role in the film ‘Mrs.’ at the “New
York Indian Film Festival (NYIFF) 2024”. Other awardees include - Mohit Agarwal as Best Actor (for ‘Agra’),
Sumanth Bhatt as Best Director (for ‘Mithya’), ‘Agra’ as Best Film, ‘Mithya’ as Best Debut Film, ‘The World
is Family’ as Best Documentary (Feature), ‘Occupied’ as Best Documentary (Short), and ‘Monsoon Walk’
as Best Short (Narrative). {Read more}
Smart Points:
• Awardees of “New York Indian Film Festival (NYIFF) 2024”:
- Best Actress – Sanya Malhotra (for ‘Mrs’)
- Best Actor – Mohit Agarwal (for ‘Agra’)
- Best Director – Sumanth Bhatt (for ‘Mithya’)
- Best Film – ‘Agra’ (directed by Kanu Behl)
- Best Debut Film – ‘Mithya’ (directed by Rajat Kapoor)
- Best Documentary (Feature) – ‘The World is Family’
- Best Documentary (Short) – ‘Occupied’
- Best Short (Narrative) – ‘Monsoon Walk’
https:// /#
75. Securities and Exchange Board of India (SEBI) has been given ‘Best Conduct of Business Regulator’ award in Asia Pacific
by Singapore-based The Asian Banker for its role in enhancing the regulatory framework for securities markets in India. The
award was received by SEBI’s Whole Time Member Kamlesh Chandra Varshney in a ceremony held in Hong Kong. The Asian
Banker creates platforms to build a greater sense of community amongst players in the financial services industry, from
traditional banks and digital disruptors to fintechs and platform players. {Read more}
Smart Points:
• SEBI – given ‘Best Conduct of Business Regulator’ award in Asia Pacific by ‘The Asian Banker’ (Singapore)
• Received by – Kamlesh Chandra Varshney (SEBI’s Whole Time Member) in Hong Kong
• HQs of SEBI – Mumbai, Maharashtra | Chairman – Madhabi Puri Buch | Established in – 1992
76. The All India Tennis Association (AITA) has announced the “Dilip Bose Award 2024” for
lifetime achievement to coach Nar Singh. The 65-year-old Nar Singh, who has served as a
coach and educator for several years, is the 11th recipient of the Dilip Bose award. The award
along with a cash prize of Rs 50,000 was presented during the 11th National Coaches
Workshop held at the PYC Hindu Gymkhana in Pune. The Secretary General of AITA, Anil
Dhupar, also announced a new lifetime achievement award for women coaches. The first award would be presented to the
69-year-old Rohini Lokhande who was a member of the national team. Rohini was the first woman tennis coach to qualify
from the National Institute of Sports. {Read more}
Smart Points:
• 11th National Coaches Workshop – held at PYC Hindu Gymkhana, Pune
• Nar Singh (coach & educator) – announced as 11th recipient of “Dilip Bose Award 2024” for lifetime achievement by AITA
• Rohini Lokhande – to receive a new lifetime achievement award for women coaches
• HQs of AITA – Delhi | President – Anil Jain | Secretary General – Anil Dhupar
Schemes & Initiatives

77. Rajasthan government has decided to ramp up water conservation work in the state through the “Mukhyamantri Jal
Swavlamban Abhiyan 2.0”. The move comes after many areas in the state reported water scarcity. Under the campaign, 5
lakh water harvesting structures are proposed to be built in 20,000 villages in the next 4 years. With annual rainfall in the
state ranging from 100 mm to 800 mm, many parts of the state face unavailability of water, even for drinking purposes.
Recently, Rajasthan State Industrial Development & Investment Corporation (RIICO) had issued a circular stating all plot
lessees with an area of 500 square metres and above would need to construct Rainwater Harvesting Structures (RWHS) in
their premises for water conservation and increasing the level of groundwater. A penalty would also be charged for delay in
completion of RWHS. The penalty amounts to Rs 25,000 per annum for plot sizes ranging from 500 sq m-2,000 sq m and Rs
50,000 per annum for plots above 2,000 sq m. {Read more}
Smart Points:
• Rajasthan – to ramp up water conservation work through “Mukhyamantri Jal Swavlamban Abhiyan 2.0”
• Under this campaign, 5 lakh water harvesting structures are proposed to be built in 20,000 villages in next 4 years
• RIICO issued a circular stating all plot of 500 sq m & above need to construct Rainwater Harvesting Structures
- Penalty as per plot size for not constructing: 500-2,000 sq m plot – ₹25,000 pa | Above 2,000 sq m – ₹50,000 pa
• Rajasthan: Capital – Jaipur | CM – Bhajan Lal Sharma | Governor – Kalraj Mishra
https:// /#
78. Prime Minister Narendra Modi has sanctioned the 17th instalment of the “PM Kisan Samman Nidhi Scheme”, his first
move after being sworn-in as PM for the third consecutive time. The instalment is expected to benefit 9.3 crore farmers and
entails distribution of around Rs 20,000 crore. Launched in 2019, the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)
scheme offers eligible farmers an annual financial assistance of ₹6,000. This amount is distributed in three equal instalments
of ₹2,000 every four months. The government has allocated Rs 1.27 lakh crore budget for the Ministry of Agriculture &
Farmers Welfare for FY 2024-25. {Read more}
Smart Points:
• PM Modi – sanctioned 17th instalment of “PM-KISAN (PM Kisan Samman Nidhi) Scheme”
• It is expected to benefit 9.3 Cr farmers & entails distribution of around Rs 20,000 Cr
• PM-KISAN scheme – launched in 2019 & offers eligible farmers an annual financial assistance of ₹6,000
- 3 equal instalments of ₹2,000 every 4 months
• Budget allocation for Ministry of Agriculture & Farmers Welfare for FY25 – Rs 1.27 lakh Cr
79. The Haryana government has removed the age limit cap under the “Mukhyamantri Kisan Evam Khetihar Mazdoor Jeevan
Suraksha Yojana”, a scheme for farmers and farm labourers under which financial assistance is provided in case of death or
disability while operating agricultural machinery. The government has taken a decision to remove the age limit cap for
farmers, agriculture labourers, and market yard labourers. Now, children younger than 10 years and persons older than 65
years will also be eligible for benefits under the scheme. Earlier, under the scheme, the age group of the victim had to be
not less than 10 years and more than 65 years. Under this scheme, financial assistance ranging from Rs 37,500 to Rs 5 lakh
is provided to farmers, agriculture labourers, and market yard labourers in case of death or disability while operating
agricultural machinery. {Read more}
Smart Points:
• Haryana – removed age limit cap under “Mukhyamantri Kisan Evam Khetihar Mazdoor Jeevan Suraksha Yojana”
• Now, children younger than 10 years & persons older than 65 years will also be eligible for benefits under this scheme
• Under this scheme, financial assistance ranging from Rs 37,500 to Rs 5 lakh is provided in case of death or disability
while operating agricultural machinery
• Haryana: Capital – Chandigarh | CM – Nayab Singh Saini | Governor – Bandaru Dattatraya
80. In a move to boost innovation in textiles, the Central Government has approved grants of Rs 50 lakh each for 7 startups
in the technical textiles sector under the ‘National Technical Textiles Mission (NTTM)’. The grants have been approved under
the NTTM’s ‘Grant for Research and Entrepreneurship across Aspiring Innovators in Technical Textiles (GREAT)’ scheme. This
initiative aims to promote innovation and sustainability while fostering transformative developments in the industry. The
ministry has set a target to support 150 startups to promote innovations in technical textiles. Additionally, the textiles
ministry has relaxed the royalty cap on this scheme. Besides startup funding, the Empowered Programme Committee (EPC)
has also approved a grant of Rs 6.4 crore to IIT Guwahati. This funding will be utilised to introduce new subjects in technical
textiles and enhance the laboratory infrastructure in the institute’s Civil Engineering Department. As per a KPMG report, the
Indian technical textiles market is the 5th largest in the world and stood at $21.95 billion in 2021-22. {Read more}
Smart Points:
• Centre approved grants of Rs 50 lakh each for 7 startups in technical textiles sector under NTTM’s ‘GREAT’ scheme
• NTTM – National Technical Textiles Mission
• GREAT – Grant for Research and Entrepreneurship across Aspiring Innovators in Technical Textiles
• Aim: To promote innovation & sustainability while fostering transformative developments in industry
https:// /#
• Ministry of Textiles has set a target to support 150 startups to promote innovations in technical textiles
• Empowered Programme Committee (EPC) – approved a grant of Rs 6.4 Cr to IIT Guwahati
• As per KPMG report, Indian technical textiles market is 5th largest in world at $21.95 billion in 2021-22
• Minister of Textiles: Giriraj Singh | Constituency - Begusarai, Bihar
MoS in Ministry of Textiles: Pabitra Margherita
Meetings, Conferences and Summits

81. The 3rd Indian Analytical Congress (IAC) was recently held at the Council of Scientific and Industrial Research-Indian
Institute of Petroleum (CSIR-IIP) in Dehradun, Uttarakhand. It is a 3-day International Conference cum Exhibition IAC-2024
jointly organized by CSIR-IIP and Mumbai-based Indian Society of Analytical Scientists (ISAS-Delhi Chapter) under the theme
of “Role of Science and Technology in Green Transitions”. The 3-day International Conference will provide a platform for
industries, academia, scientists, and technologists in the Analytical Sciences to present the prevalent and upcoming solutions
in this area. CSIR’s initiative and thematic achievements in Energy and Energy Devices (EED) were showcased through the
‘One Week One Theme’ (OWOT) program. {Read more}
Smart Points:
• 3rd Indian Analytical Congress (IAC) – held at CSIR-IIP in Dehradun, Uttarakhand
• Theme – “Role of Science and Technology in Green Transitions”
• Organized by = CSIR-IIP (Dehradun) + Indian Society of Analytical Scientists (Mumba)
• CSIR’s initiative & thematic achievements in Energy and Energy Devices – showcased through ‘One Week One Theme’
(OWOT) program
Ranks, Reports & Surveys

82. The Department of Agriculture and Farmers Welfare has released the “Second Advance Estimates of 2023-24 of Area
and Production of various Horticultural Crops” compiled on the basis of information received from States/ UTs and other
Governmental source agencies. The horticulture production in India in 2023-24 (Second Advance Estimates) is estimated to
be about 352.23 Million Tonnes, decrease of about 32.51 Lakh Tonnes (0.91%). Increase in production of Fruits, Honey,
Flowers, Plantation Crops, Spices and Aromatics & Medicinal Plants is seen over 2023-24 (Final Estimates) whereas decrease
in Vegetables. The horticulture production in India in 2023-24 (First Advance Estimates) was estimated at 355.25 Million
Tonnes. {Read more}
Smart Points:
• DA&FW – released “Second Advance Estimates of 2023-24 of Area and Production of various Horticultural Crops”
• Horticulture production Advance Estimates in India in FY24: Second – 352.23 MTs (First - 355.25 MTs)
• Minister of Agriculture & Farmers Welfare: Arjun Munda | Constituency – Khunti, Jharkhand
MoS in Ministry of Agriculture & Farmers Welfare: Shobha Karandlaje & Kailash Choudhary
https:// /#
83. The number of High Net-worth Individuals (HNWI) in India increased by 12.2% in 2023 compared to 2022, bringing the
total number of HNWI population to 3.589 million, as per the Capgemini Research Institute’s “World Wealth Report 2024”.
The financial wealth of India’s HNWIs increased by 12.4% in 2023 to $1,445.7 billion. Among the best performers in the
APAC region were India and Australia, which recorded HNWI wealth growth of 12.4% and 7.9%, and HNWI population growth
of 12.2% and 7.8%, respectively. A resilient economy and robust performance of the equity markets drove wealth growth in
both of these countries. Asia-Pacific experienced 4.2% HNWI wealth growth and a 4.8% rise in the HNWI population. {Read
more}
Smart Points:
• “World Wealth Report 2024” – released by Capgemini Research Institute (Paris, France)
• The number of HNWI in India increased by 12.2% in 2023, bringing the total number of HNWI population to 3.589 million
• The financial wealth of India’s HNWIs increased by 12.4% in 2023 to $1,445.7 billion
• Among the best performers in the APAC region were – India & Australia
• Asia-Pacific experienced 4.2% HNWI wealth growth and a 4.8% rise in the HNWI population
84. According to the report titled “A World of Debt 2024: A Growing Burden to
Global Prosperity” released by the UN Trade and Development (UNCTAD), the
level of public debt has not just reached a historic level but also threatens
countries’ development spending, particularly among developing and poor
countries. Global public debt (both domestic and external borrowing by
governments) reported a steep hike at $97 trillion in 2023, an increase of $5.6
trillion over 2022. Developing countries share 30% of the total global debt.
According to the Institute of International Finance, global debt (including
borrowings of households, businesses and governments) has reached $315
trillion in 2024. Of the total global debt, household debt stands at $59.1 trillion;
business debt at $164.5 trillion; and public debt (governments’ borrowing) at $91.4 trillion. {Read more}
Smart Points:
• “A World of Debt 2024: A Growing Burden to Global Prosperity” report – released by UNCTAD
• As per the report:
- Global public debt reported a steep hike at $97 trillion in 2023 (an increase of $5.6 trillion over 2022)
- Developing countries share 30% of the total global debt
• As per the Institute of International Finance:
- Global debt (including borrowings of households, businesses & governments) reached $315 trillion in 2024
- Household debt - $59.1 trillion | Business debt - $164.5 trillion | Public debt - $91.4 trillion
• HQs of UNCTAD – Geneva, Switzerland | Secretary-General – Rebeca Grynspan | Established in – 1964
https:// /#
85. Visakhapatnam Port in Andhra Pradesh is the only Indian Port to be featured
into the Top 20 rankings in the 4th edition of “Container Port Performance Index
2023 (CPPI 2023)”, released by the World Bank and S&P Global Market Intelligence.
Visakhapatnam Port or Visakha Container Terminal Pvt Ltd, a wholly owned unit of
J M Baxi Ports & Logistics, was ranked 19 in the medium ports category, higher than
Mundra Port which ranked 27 in the large ports category. Other Indian ports in Top
50 are Pipavav Port (Gujarat) at 41st place & Kamarajar Port (Tamil Nadu) at 47th
place. The Index is a comparable assessment of performance based on vessel time in port. Visakha Container Terminal Pvt
Ltd runs a 1.35 million 20-foot equivalent units (TEUs) capacity terminal at Visakhapatnam Port on the country’s eastern
coast. The Index covered ports that had a minimum of 24 valid port calls within the 12-month period of the study. China’s
Yangshan Port clinched the top spot for the second consecutive year, while Oman’s Port of Salalah retained the number two
position, followed by Port of Cartagena in Columbia at third position. {Read more}
Smart Points:
• 4th edition of “Container Port Performance Index 2023 (CPPI 2023)” by = World Bank + S&P Global Market Intelligence
• Visakhapatnam Port (AP) – the only Indian Port to be featured into the Top 20 rankings (19th rank)
• Visakhapatnam Port or Visakha Container Terminal Pvt Ltd – a wholly owned unit of J M Baxi Ports & Logistics
• Other Indian ports among Top 50:
- 27th – Mundra Port (Gujarat) | 41st – Pipavav Port (Gujarat) | 47th – Kamarajar Port (Tamil Nadu)
• Globally: 1st – Yangshan Port (China) | 2nd – Port of Salalah (Oman) | 3rd – Port of Cartagena (Columbia)
• The Index covered ports that had a minimum of 24 valid port calls within the 12-month period of the study
• HQs of World Bank – Washington D.C., US | President – Ajay Banga | MD/CFO – Anshula Kant | Members – 189
• HQs of S&P Global – New York, US | President – Martina L. Cheung
86. India has slipped two places on the World Economic Forum’s (WEF)
“Global Gender Gap Index” to 129th place, while Iceland retained its
top position in the rankings. Within South Asia, India was ranked 5th
after Bangladesh, Nepal, Sri Lanka and Bhutan, while Pakistan was
ranked last. Iceland was followed by Finland, Norway, New Zealand
and Sweden in the top five. The U.K. was ranked 14th, while the USA
was at 43rd place. Globally, Sudan was ranked last on the index of 146
countries, while Pakistan slipped three places to 145th. India figured
among the economies with the lowest levels of economic parity,
alongside Bangladesh, Sudan, Iran, Pakistan, and Morocco. However,
India showed the best gender parity in terms of enrolment in
secondary education. India has closed 64.1% of its gender gap in 2024
and the decline of two places from 127th last year mainly happened
due to small declines in ‘Educational Attainment’ and ‘Political Empowerment,’ parameters. The world has closed 68.5% of
the gender gap, but at the current pace it will take another 134 years to achieve full gender parity. The Global Gender Gap
Index annually benchmarks the current state and evolution of gender parity across 4 key dimensions: Economic Participation
& Opportunity, Educational Attainment, Health & Survival, and Political Empowerment. {Read more}
Smart Points:
• “Global Gender Gap Index” – released by World Economic Forum | India – 129th (from 127th in 2023)
• 1st – Iceland | 2nd – Finland | 3rd – Norway | 4th – New Zealand | 5th – Sweden | 146th (last) – Sudan & 145th – Pak
https:// /#
• In South Asia: India – 5th | After – Bangladesh, Sudan, Iran, Pakistan, & Morocco | Last – Pakistan
• Closing of gender gap in 2024: India – 64.1% | Globally – 68.5% (134 years to achieve full gender parity)
• HQs of WEF – Cologny, Switzerland | Exe. Chairman – Klaus Schwab | President – Borge Brende | Founded – 1971
87. Around 46% of rural and 53% of urban individuals in India availed of Ayush for the prevention or
treatment of ailments in the past year, according to findings of a survey released by the Ministry of
Statistics and Programme Implementation (MoSPI). Ayush refers to the 6 Indian systems of medicines
- Ayurveda, Yoga and Naturopathy, Unani, Siddha, Sowa-Rigpa, and Homeopathy. Among systems of
Ayush, Ayurveda is the most commonly used system for treatment. The survey states that about 95%
of the rural population aged 15 years and above in India are aware of Ayush, whereas the number
stands at 96% for urban India. The findings are a part of the first exclusive all-India survey on Ayush
conducted by the National Sample Survey Office (NSSO) from July 2022 to June 2023, as part of the
79th round of the National Sample Survey (NSS). {Read more}
Smart Points:
• According to findings of a survey released by MoSPI:
• Around 46% of rural & 53% of urban individuals in India availed of Ayush for prevention or treatment of ailments in 2023
• 6 Indian systems of medicines: Ayurveda, Yoga & Naturopathy, Unani, Siddha, Sowa-Rigpa & Homeopathy
• Ayurveda – most commonly used system for treatment among all systems of Ayush
• Population aged 15 years & above in India aware of Ayush: Rural – 95% | Urban – 96%
• MoS (I/C) in Ministry of Statistics & Programme Implementation: Rao Inderjit Singh | Constituency – Gurgaon, Haryana
88. Tata Consultancy Services (TCS) is the most valuable Indian brand, ranked
46th globally, followed by HDFC Bank at 47th, Airtel at 73rd, and Infosys at 74th,
according to “Kantar BrandZ Most Valuable Global Brands” report. TCS’ brand
value grew by 7% in a year to $44.79 billion, HDFC Bank at $43.3 billion, Airtel
at $25.3 billion, while the brand value of Infosys is pegged at $24.68 billion. For
the third year running, Apple topped the list as the world’s most valuable
brand. Apple has become the first brand to cross $1 trillion in brand value, a
15% jump from last year. Google is 2nd on the list with a total brand value of
around $753.5 billion. Bill Gates-backed Microsoft occupies the 3rd position
and has a brand value of $712.9 billion. They are followed by Amazon ($576.6
billion) and McDonald’s ($221.9 billion) in 4th and 5th positions respectively. NVIDIA leapt 18 places and has the highest brand
value increase of 178% this time. It has been placed at the 6th spot with a total brand value of around $201.8 billion. {Read
more}
Smart Points:
• “Kantar BrandZ Most Valuable Global Brands” report:
• Most valuable brands in India: 46th – TCS ($44.79 bn) | 47th – HDFC Bank | 73rd – Airtel | 74th – Infosys
• World’s most valuable brands: 1st – Apple ($1 tn) | 2nd – Google ($753.5 bn) | 3rd – Microsoft ($712.9 bn)
• Highest brand value increase – NVIDIA (178%)
https:// /#
Amount & Agreements
89. The World Health Organization (WHO) has launched a new ‘Investment Round’ aiming to raise $7 billion of funds over 4
years to support countries to tackle challenges like climate change, displacement, poverty and inequality. The Investment
Round is the result of recommendations by the WHO Working Group on Sustainable Financing and was approved at the
154th Meeting of the WHO Executive Board in January 2024. {Read more}
Smart Points:
• WHO – launched a new ‘Investment Round’ to raise $7 billion of funds over 4 years
- To support countries to tackle challenges like climate change, displacement, poverty & inequality
• HQs of WHO – Geneva, Switzerland | DG – Tedros Adhanom | Member Countries – 194 | Founded in – 1948
MoUs, Collaborations & Partnerships

90. CSC SPV and Ministry of Agriculture & Farmers Welfare have signed an MoU to convert 10,000 Farmer Producer
Organisations (FPOs) into Common Service Centres (CSCs). CSC SPV will enable them to provide the services that are
available on the Digital Seva Portal. With this initiative, more farmers who are associated with FPOs, will be able to avail the
benefits of CSC services. It will also help FPOs to become a nodal center for providing various services like Direct Benefit
Transfer (DBT), Interest Subsidy Scheme (ISS), Crop Insurance Scheme (PMFBY), and Fertilizer & Seed Inputs. Sanjay Rakesh
is the MD & CEO of CSC SPV. {Read more}
Smart Points:
• CSC SPV + MoA&FW = an MoU to convert 10,000 FPOs into CSCs
• CSC SPV enable them to provide the services that are available on the Digital Seva Portal
• Minister of Agriculture & Farmers Welfare: Arjun Munda | Constituency – Khunti, Jharkhand
MoS in Ministry of Agriculture & Farmers Welfare: Shobha Karandlaje & Kailash Choudhary
• HQs of CSC SPV – New Delhi | MD & CEO – Sanjay Rakesh
91. Reliance Foundation and the Indian National Centre for Ocean Information Services (INCOIS), under the Ministry of Earth
Sciences, have signed an MoU to empower the inhabitants of coastal areas. After the collaboration, both entities will work
to leverage ocean data, enhancing climate resilience and disaster mitigation. The aim of the foundation, after the
partnership, is to reach nearly 25% of India’s active marine fisherperson families, mainly across 8 states. Dr Srinivasa Kumar
is the Director of INCOIS. While Jagannatha Kumar is the CEO of Reliance Foundation. {Read more}
Smart Points:
• Reliance + INCOIS = an MoU to empower the inhabitants of coastal areas
• Aim of Reliance Foundation: To reach nearly 25% of India’s active marine fisherperson families, mainly across 8 states
• HQs of INCOIS – Hyderabad | Director – Dr. Tummala Srinivasa Kumar | Works under – Ministry of Earth Sciences
• HQs of Reliance Foundation – Mumbai | Chairperson – Nita Ambani | CEO – Jagannatha Kumar
https:// /#
92. Faridabad-based Plasser India, a subsidiary of Plasser & Theurer group from Austria, has signed an MoU with Gati Shakti
Vishwavidyalaya (GSV), Vadodara, India’s first university specializing in the transportation and logistics sectors. As per the
MoU, Plasser India and the GSV will collaborate in the fields of research, teaching, and training of students to deepen their
understanding of the scientific, technological, and management topics pertaining to the rail sector. This pioneering industry-
academic partnership is set to drive innovation, promote cutting-edge research, and elevate the skill set of the future
workforce, ensuring sustained growth and development within the rail sector. {Read more}
Smart Points:
• Plasser India + Gati Shakti Vishwavidyalaya = an MoU to collaborate in fields of research, teaching & training students
• Aim: To drive innovation, promote cutting-edge research & elevate skill set of future workforce, ensuring sustained
growth & development within rail sector
• Location of GSV – Vadodara, Gujarat | Chancellor – Ashwini Vaishnaw
93. Infosys has collaborated with Nihon Chouzai (TSE), Japan’s dispensing pharmacy chain, in
order to expand healthcare access in Japan with enhanced online medication guidance
services and payment solutions. As part of this collaboration, Infosys has developed a mobile
application, “NiCOMS”, a telemedicine service that enables patients to receive remote
medication guidance from registered pharmacists, eliminating the need for pharmacy visits.
In collaboration with Infosys, Nihon Chouzai launched the web version of NiCOMS in September 2020. The online medication
guidance service on NiCOMS allows patients across Japan to receive medication instructions, consultations, and make
payments during video calls with pharmacists. {Read more}
Smart Points:
• Infosys + Nihon Chouzai (Japan) = to expand healthcare access in Japan with enhanced online medication guidance
• As part of collaboration, Infosys has developed a mobile app, “NiCOMS”, a telemedicine service
• HQs of Infosys – Bengaluru, Karnataka | MD & CEO – Salil Parekh | Chairman – Nandan Nilekani | Founded – 1981
• Japan – Tokyo – Yen | PM – Fumio Kishida
94. Total Energies has signed agreement with Indian Oil Corporation Limited (IOCL) for supply of around 0.8 million (8 lakh)
metric tonnes per annum (mmtpa) liquefied natural gas (LNG) to India for a period of 10 years, starting from 2026. The
agreement aligns with Total Energies vision of expanding its LNG business. Earlier, IOCL had entered into an agreement with
Abu Dhabi Gas Liquefaction Company Limited for purchase of 1.2 mmtpa LNG for a period of 14 years, starting from 2026.
{Read more}
Smart Points:
• Total Energies + IOCL = an agreement to supply around 8 lakh mmtpa LNG to India for 10 years from 2026
• IOCL + Abu Dhabi Gas Liquefaction Company Ltd = an agreement to purchase 1.2 mmtpa LNG for 14 years from 2026
• HQs of Total Energies – Courbevoie, France | CEO – Patrick Pouyanné | Founded in – 1924
• HQs of IOCL – New Delhi | Chairperson – Shrikant Madhav Vaidya | Founded in – 1959
https:// /#
95. Ministry of Mines and Central TB Division of Ministry of Health & Family Welfare
have signed an MoU for collaborative and convergent action towards elimination of
Tuberculosis. The MoU will forge inter-ministerial collaboration and strategic
partnerships to achieve the target of Eliminating Tuberculosis (TB) in India by 2025.
This partnership aims for collaborative field actions like webinars and other
awareness-building initiatives under National TB Elimination Programme by engaging
the CPSEs, attached offices, subordinate offices and autonomous bodies of Ministry
of Mines. This initiative will also help in capacity building of health functionaries of PSUs’ hospitals & health centres for
specialized campaigns for eradication of TB at grass-root level. {Read more}
Smart Points:
• MoM + Central TB Division of MoHFW = an MoU for collaborative convergent action towards elimination of Tuberculosis
• Target of Eliminating TB in India – by 2025
• Minister of Coal & Mines: G. Kishan Reddy | Constituency – Secunderabad, Telangana
MoS in Ministry of Coal & Mines: Satish Chandra Dubey
• Minister of Health & Family Welfare: Jagat Prakash Nadda | Constituency – Buldhana, Maharashtra
MoS in Ministry of Health & Family Welfare: Jadhav Prataprao Ganpatrao & Anupriya Singh Patel
96. The Andhra Chamber of Commerce has signed an MoU with the Atal Incubation Centre at the Anna University Incubation
Foundation, Chennai, aimed at boosting the start-up ecosystem and aspiring entrepreneurs. As per the joint initiative, the
strategic tie-up would help both the partners to leverage their strengths and reach out to a wider audience. Andhra Chamber
of Commerce President V. L. Indira Dutt exchanged documents with Director and CEO of Atal Incubation Centre P. Uma
Maheswari. {Read more}
Smart Points:
• Andhra Chamber of Commerce + Atal Incubation Centre (Anna University Incubation Foundation, Chennai) = an MoU to
boost the start-up ecosystem & aspiring entrepreneurs
• President of Andhra Chamber of Commerce – V. L. Indira Dutt | CEO of Atal Incubation Centre – P. Uma Maheswari
❖ Some Important Obituaries in June 2024:

• Maguni Charan Kuanr — a renowned Puppeteer (Padma Shri in 2023, Sangeet Natak Akademi Award)
• Asir Jawahar Thomas Johnsingh — Indian wildlife conservationist & biologist (Padma Shri, Distinguished Service
Award for Government from the Society for Conservation Biology in 2004, ABN AMRO Sanctuary Lifetime Wildlife
Service Award in 2005, Carl Zeiss Wildlife Conservation Award in 2004)
(He played a vital role in the establishment of Kalakkad-Mundanthurai Tiger Reserves in Tamil Nadu.)
• Ramoji Rao — Businessman, Media Proprietor & Film Producer
(He served as Head of Ramoji Film City, Eenadu newspaper & ETV Network.)
• Rajeev Taranath — Indian classical musician or Sarod maestro (Padma Shri in 2019, Central Sangeet Natak
Academy Award, Sangeet Vidwan Award, Chowdiah Award, Kannada Rajyotsava Award)
https:// /#
❖ Some Important Species found in June 2024:
• “Pseudoformicaleo nubecula” & “Creoleon cinnamomeus”, two species of antlion — found for first time in India &
Thailand
• “Koleken inakayali”, a new type of dinosaur — found in Patagonia
(Patagonia, located in at the end of South America, is a territory shared by the countries of Chile and Argentina.)
❖ Some Important Acquisitions & Mergers in June 2024:

• RBI has approved Zurich Insurance’s Acquisition of 70% Stake in Kotak Mahindra General Insurance Company for
₹5,560 crore.
• US-based Cognizant Technology Solutions has signed a definitive agreement to acquire US-based global engineering
company Belcan for about $1.3 billion (Rs 10,853.7 crore) in cash and stock.
• Bank of India has acquired a 6.125% stake in the recently incorporated Clearing Corporation of India Ltd (CCIL-IFSC)
listed in the GIFT SEZ in Gujarat for ₹6.125 crore.
• Punjab National Bank’s (PNB) Board has approved divesting 10% shareholding in its associate company Canara HSBC
Life Insurance through an initial public offering (IPO) route. Currently, PNB holds 23% stake in Canara HSBC Life
Insurance, Canara Bank has 51% stake, while HSBC Insurance (Asia Pacific) Holdings Limited has 26% stake.
❖ National Parks / Wildlife Sanctuaries / Tiger Reserves in June 2024:

Anamudi Shola National Park Kerala
Rajaji National Park Uttarakhand
Keibul Lamjao National Park Loktak Lake, Manipur
Raimona National Park Assam
Sharavathi Lion Tailed Macaque Wildlife Sanctuary Karnataka
Point Calimere Wildlife Sanctuary Tamil Nadu
Shendurney Wildlife Sanctuary Kerala
Dr. Salim Ali Bird Sanctuary Goa
Thane Creek Flamingo Sanctuary Maharashtra
Pench Tiger Reserve Madhya Pradesh
Sanjay-Dubri Tiger Reserve Madhya Pradesh
Melghat Tiger Reserve Maharashtra
https:// /#
❖ Rivers / Lakes / Dams in June 2024:
Sunkosi River Nepal
Nanda Lake Goa
Lonar Lake Maharashtra
❖ Other Miscellaneous Current Static GK in June 2024:

India’s 1st-ever Exclusive Drone Showroom (by Garuda Aerospace) Chennai
Kilauea volcano Hawaii, US
Sehore, Madhya
India’s largest Ethane Cracker Project worth Rs 60,000 Cr (by GAIL)
Pradesh
Rajaji Raghati Biosphere (India’s 1st Private Biosphere) Uttarakhand
Akatsuki (humanity’s only active mission to Venus) Japan
World’s Largest Optical Astronomy Digital Camera (resolution above 3.2 gigapixels) Chile
East Africa Representative Office of EXIM Bank Nairobi, Kenya
The Bridge of National Unity Hungary
Minuteman III missile (Intercontinental Ballistic missile) USA
Mongla Port Bangladesh
Mount Kanlaon Philippines
15,256-ft long ‘Tashigang’ (highest polling station in the world) Himachal Pradesh
2000 MW Subansiri Lower Hydro Electric Project (by NHPC) Arunachal Pradesh
Sindhu Shikhar Car Rally Delhi to Leh
Gardi Sugdub island Panama
Maharana Pratap Tourist Circuit (investment - Rs 100 Cr) Rajasthan
Ashmolean Museum Oxford University, UK
Important Books & Authors

“Rajgan Purik” Mohammad Sadiq Hardassi
“Source Code: My Beginnings” memoir Bill Gates
Important Days
June 2 National Cancer Survivor’s Day 2024 (1st Sunday of June)
World Pest Day (since 2017)
June 6
(Theme - “Global Solutions, Local Impact: Mapping Success in Pest Management”)
World Oceans Day
(Theme - “Awaken New Depths”)
June 8
World Brain Tumour Day
(Theme - “Brain Health and Prevention”)
World Accreditation Day
June 9
(Theme - “Accreditation: Empowering Tomorrow and Shaping the Future”)
International Day of Play
June 11
International Lynx Day (Lynx are medium-sized wildcats)
https:// /#
World Day Against Child Labour
June 12 (Theme - “Let’s Act on Our Commitments: End Child Labour”)
Russia Day
International Albinism Awareness Day
June 13 (Theme - “10 years of IAAD: A Decade of Collective Progress”)
(Albinism is an inherited condition that leads to someone having very light skin, hair, & eyes.)
20th World Blood Donor Day (by WHO)
June 14
(Theme - “20 Years of Celebrating Giving: Thank You Blood Donors!”)
➢ Latest GDP Predictions (updated till June 2024)

Organisations FY24 FY25 FY26
Goldman Sachs 6.3% 6.8% -
World Bank 7.5% 6.6% 6.7%
RBI 7% 7.2% -
Moody’s 6.7% 6.8% 6.5%
Morgan Stanley 7.9% 6.8% 6.5%
SBI 8% - -
India Ratings & Research 6.7% 7.1% -
UN - 6.9% 6.6%
OECD 7.8% 6.6% 6.5%
PHDCCI - 8-8.3% -
UNCTAD 6.3% 6.5% -
IMF 7.8% 6.8% 6.5%
ADB 6.7% 7% -
S&P Global 7.4% 6.8% 7%
UBS Securities India 7.6% 7% 6.8%
Fitch Ratings 7.8% 7% 6.5%
CRISIL 7.6% 6.8% -
Bank of Baroda 6.8% 6.75-6.8% -
UN-DESA 6.2% 6.6% -
ICRA 6.5% - -
CII 6.8% 7% -
https:// /#

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May 2024 Monthly CA PDF

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8. Zuperspeed Automotive, a Bangalore-based start-up, is set to introduce “Hyperflux”,

Banking, Finance, Insurance & Economic Affairs

Sports & Games

Science & Technology

52. ISRO Chairman S. Somanath has inaugurated a state-of-the-art Propellant Tank

Appointments & Resignations

Awards, Rewards, Recognition & Prizes

Schemes & Initiatives

Meetings, Conferences and Summits

Ranks, Reports & Surveys

MoUs, Collaborations & Partnerships

❖ Some Important Obituaries in June 2024:

❖ Some Important Acquisitions & Mergers in June 2024:

❖ National Parks / Wildlife Sanctuaries / Tiger Reserves in June 2024:

❖ Other Miscellaneous Current Static GK in June 2024:

Important Books & Authors

➢ Latest GDP Predictions (updated till June 2024)

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