Current Affairs, 20 June 2018 Exam View - From The Hindu and PIB

Current Affair of 20 June 2018. Read Important Current Affairs for UPSC/SSC/Bank and other state exam

Current Affair 20 June 2018

NATIONAL

Jammu & Kashmir CM Mehbooba Mufti Resigns

Jammu & Kashmir's Chief Minister Mehbooba Mufti submitted her resignation to the Governor after BJP announced to pull out of an alliance with Peoples Democratic Party (PDP).

Mehbooba Mufti

The reason for the pullout was failure to control the situation in the state and meet its promises. BJP's General Secretary Ram Madhav also called for Governor's rule in Jammu & Kashmir.

Union Government Collaborates With Google For Flood Forecasting.

The Central Water Commission (CWC), India’s apex technical organisation in the field of Water Resources has signed a Collaboration Agreement with Google for flood forecasting.

Union Minister for Water Resources, River Development and Ganga Rejuvenation, Nitin Gadkari has expressed that collaboration with Google will help in effective flood management in India.

Agreement between Central Water Commission and Google

  • CWC would use up to date technology of Google in the field of Artificial Intelligence, machine learning and geo spatial mapping for effective management of water resources particularly in the field of flood forecasting.
  • The agreement involves dissemination of flood related information to the people using the dissemination platforms developed by Google.

Delhi,Bengluru and other major cities to run out of groundwater by 2020

India is facing water crisis and this is going to get worse in the coming years years if right steps are not taken. Various global reports have said it again and again and now Niti Aayog has also pointed it out. The Niti Aayog's ‘Composite Water Management Index’ said that most states have scored less than 50 per cent when it comes to augmentation of ground water resources.

Delhi, Hyderabad and Bangalore which are expected to see zero groundwater in the couple of years to come.

And this decline in water level will affect 100 million people. The report stated that Meghalaya, Odisha, Sikkim, Bihar, Goa, Assam, Tripura, and Nagaland have declared that they have no critical or excessively drained groundwater units and thus, have not been scored for any of the indicators in the theme.

  • At least 21 major Indian cities, including Delhi and Bengaluru, are expected to run out of groundwater by 2020.
  • I-Haryali App Launched by Punjab Government.

    Punjab state government launched a mobile application - i-Haryali.

    Aim of the Application.

    Aimed at increasing the state's green cover, the mobile application would enable the users to order free plant saplings. The 'i-Hariyali' app, under ‘Mission Tandarust Punjab’ can be downloaded from the app store for free.

  • The users can book a sapling of their choice, a maximum of 25 per person, from a nearby government nursery.
  • Aim of the App is to increase Green Cover area of the state.
  • Indian Army observes 2018 as ‘Year of Disabled Soldiers in Line of Duty’

    The Indian Army is observing the year 2018 as the ‘Year of Disabled Soldiers in Line of Duty’ to honour soldiers who have been disabled in the line of duty while serving the nation and to celebrate the undying spirit of ‘Soldiering’.

    The main aim of the observance is to alleviate the sufferings of the soldiers, who have done their duty with utmost dedication to the nation and have been disabled for life. For the same, the observance aims to provide one-time financial assistance to disabled soldiers, who have been put out service on medical grounds and are rendered non-employable due to their medical or physical conditions.

    INTERNATIONAL

    International Conference on Information and Communication Technology(ICT) concludes in Nepal

    The two-day international Information and Communication Technology (ICT) 2018 conference concluded in Nepal. The event was organised by the Federation of Computer Association Nepal.

    Information and Communication Technology

    Theme of the event is "Sustainable Development Goals for Smart Society".

    The conference discussed various issues and aspects of ICT including infrastructure, global trend, its usage and benefits among others.

    US President Donald Trump orders US Military to form ‘Space Force’

    US President Donald Trump ordered the US Defense Department and the Pentagon to create a "Space Force", an independent sixth branch of the armed forces.

    The Space Force military branch would be "separate but equal" to the Air Force. Joseph F. Dunford Jr., Chairman of the Joint Chiefs of Staff, would oversee the creation of the force. The president also reasserted plans to land astronauts on the moon again and do another human lunar landing within 10 years; and eventually on Mars.

    International Day for the Elimination of Sexual Violence in Conflict observed

    The third annual International Day for the Elimination of Sexual Violence in Conflict was observed across the world on June 19, 2018 with the theme “The Plight and Rights of Children Born of War”.

    The day aims to foster solidarity with the survivors who endure multiple, intersecting stigmas in the wake of sexual violence, including the stigma of association with a terrorist group and of bearing children conceived through rape by the enemy.

    APPOINTMENT

    ICICI Bank Names Sandeep Bakhshi As COO

    The ICICI Bank board has appointed ICICI Prudential Life Insurance CEO Sandeep Bakhshi as whole-time director and chief operating officer (COO), creating a new top position at India’s second largest private bank, to steer all its businesses.

    ICICI COO Sandeep Bakhshi

    Chanda Kochhar, ICICI Bank’s managing director and CEO will remain on leave until a committee investigating allegations of impropriety completes its work.

    Mr Bakhshi will continue as non-executive director of ICICI Prudential Life Insurance. N.S. Kannan has been appointed as CEO of ICICI Prudential Life Insurance for five years.

    LIFE

    Rare spider found again after 150 years

    Scientists rediscovered after 150 years a rare species of spider, which was believed have become extinct, from the Wayanad Wildlife Sanctuary (WWS) located in the Western Ghats region of Kerala.

    Rare spider found again after 150 years

    The spider belonged to the family of jumping spiders (Salticidae) and scientifically named as Chrysilla volupes. Dr. Karsch’s inventory was based only on male specimen.

    There are iridescent bluish scales present in the top of head region of female and orange bands on both sides of the head. Dorsal surface of abdomen is shiny bluish black. There are black annulations on the yellowish legs. Eight black eyes are arranged in the front and sides of head region. Compared to the female, the male is lean. There are two transverse bands in the dorsal side of orange coloured head region. Abdomen is interspersed by orange and blue colours. Legs are characterized by glossy blue appearance.

    This spider makes retreats in between green leafs of small plants and female usually lays five to six eggs

    Liberalised Remittance Scheme (LRS)

    • Under LRS, all resident individuals can freely remit $250,000 overseas every financial year for a permissible set of current or capital account transactions.
    • Remittances are permitted for overseas education, travel, medical treatment and purchase of shares and property, apart from maintenance of relatives living abroad, gifting and donations.
    • Under LRS, people can’t send money to countries identified as ‘non-cooperative’ by the Financial Action Task Force.
    • However, the rules do not allow remittances for trading on the foreign exchange markets and the purchase of Foreign Currency Convertible Bonds issued by Indian companies abroad.
    • Recent Concern – Outward remittances under maintenance of close relatives shot up to almost $3 billion in 2017-18 from a mere $174 million in 2013-14.
    • RBI has been concerned over this and thereby, it has narrowed the definition of relatives to check the flow of funds.
    • Hence, funds under the ‘maintenance of close relative’ category can be sent only to immediate relatives such as parents, spouses, children and their spouses.
    • This has brought about by defining ‘relatives’ under the Companies Act, 2013 instead of the same act of 1956.

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