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01st June 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Here is the Daily GK Update of 01st  June 2021 covering the following news headlines: Shivajirao Bhosale Sahakari Bank, CBDT, Confederation of Indian Industry, World Milk Day, Global Day of Parents, IIT Guwahati.

Daily GK updates are incorporated with the important news that made the current affairs headlines for banking or other competitive exams. Daily GK Update is the complete bag of the important news that held all day long. One should have complete knowledge about banking terms, current affairs news, etc. So, here is the GK update of 01st June 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

States News

1. Madhya Pradesh Government launches ‘Ankur’ scheme

01st June 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_3.1

  • In Madhya Pradesh, Chief Minister Shivraj Singh Chouhan government has launched a scheme named ‘Ankur’ under which citizens will be awarded for planting trees during monsoon.
  • Citizens taking part in this initiative will be given the Pranvayu Award, to ensure public participation in the programme.
  • A sapling plantation campaign will be carried out during the monsoon.
  • Participants will have to upload a picture while planting the sapling and then upload another photograph after taking care of the sapling for 30 days.
  • The winners will then be selected from each district, following a verification, to get the Pranvayu Award.
  • Citizens can participate in the tree plantation drive by registering themselves on the Vayudoot app, which has been launched by the state for managing the activities of the “Ankur” program.

Important takeaways for all competitive exams:

  • Chief Minister of Madhya Pradesh: Shivraj Singh Chouhan; Governor: Anandiben Patel.

Appointments News

2. Tata Steel’s T.V. Narendran takes over as CII president

01st June 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_4.1

  • Tata Steel Ltd chief executive officer and managing director, T.V. Narendran has taken over as president of the Confederation of Indian Industry (CII) for 2021-22.
  • He takes over the leadership of the industry body from Kotak Mahindra Bank Ltd managing director and chief executive officer Uday Kotak, who has completed his term.
  • Narendran, an alumnus of the Indian Institute of Management, Calcutta, has been associated with the CII for many years.
  • He was the chairman of CII eastern region during 2016-17 and has led the industry body’s national committees on leadership and human resources, besides being chairman of CII Jharkhand.

Important takeaways for all competitive exams:

  • Confederation of Indian Industry  Founded: 1895.

3. CBDT member JB Mohapatra gets additional charge of chairman

01st June 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_5.1

  • The Finance Ministry Jagannath Bidyadhar Mohapatra, Member, CBDT, has been given the additional charge of chairman of the direct taxes board for three months.
  • The extended tenure of the incumbent chairman Pramod Chandra Mody ended on May 31.
  • In February, he was given a third extension till May 31. Last week, the government had appointed three new members to the Central Board of Direct Taxes (CBDT), the administrative and policy-making body for the Income Tax Department.

Important takeaways for all competitive exams:

  • Central Board of Direct Taxes Established: 1924.
  • Central Board of Direct Taxes Headquarters: New Delhi.

Banking News

4. RBI cancels licence of Shivajirao Bhosale Sahakari Bank

01st June 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_6.1

  • The Reserve Bank of India (RBI) has cancelled the licence of Pune-based Shivajirao Bhosale Sahakari Bank. The bank ceases to carry on banking business, with effect from the close of business on May 31.
  • The bank does not have adequate capital and earning prospects. As such, it does not comply with the provision of the Banking Regulation Act, 1949.
  • The RBI observed that the bank with its present financial position would be unable to pay its present depositors in full. The bank was placed under RBI Directions from the close of business on May 4, 2019.

Business News

5. Pharmeasy acquires Medlife to create India’s largest online pharmacy

01st June 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_7.1

  • Pharmeasy has announced the acquisition of rival Medlife, thereby creating India’s largest online pharmacy.
  • The deal will make PharmEasy the largest player in the domestic online pharmacy sector, with the combined entity set to serve 2 million customers a month. The deal values the stake of Medlife shareholders at $250 million.
  • Medlife customers need to log in to the PharmEasy app to start using their Medlife account via the same mobile number. All their digitised prescriptions and saved addresses dating back to a year will be available on the PharmEasy app.

Defence News

6. NATO Conduct Steadfast Defender 21 war Games

01st June 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_8.1

  • North Atlantic Treaty Organisation (NATO) is organising “Steadfast Defender 21 war games” military exercises in Europe as tensions with Russia increases.
  • These war games are being organised with the aim of simulating the response of a 30-nation military organisation for the attack on any one of its members. It seeks to test the ability of NATO to deploy troops from America.
  • Top NATO brass insists that the military exercises, involving some 9,000 troops from 20 nations, are not aimed at Russia specifically, but they focus on the Black Sea region, where Russia stands accused of blocking the free navigation of ships.

Important takeaways for all competitive exams:

  • NATO Headquarters: Brussels, Belgium.
  • NATO Chairman of the NATO Military Committee: Air Chief Marshal Stuart Peach.
  • Member countries of NATO: 30; Founded:  4 April 1949.

Awards News

7. WHO honours Dr Harsh Vardhan for efforts in tobacco control

01st June 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_9.1

  • World Health Organisation (WHO) has awarded Union Health Minister Dr Harsh Vardhan with `WHO Director-General Special Recognition Award` for his accomplishments in the area of tobacco control.
  • Every year, WHO recognises individuals or organisations in each of the six WHO Regions for their accomplishments in the area of tobacco control. This recognition takes the form of the WHO Director-General Special Recognition Award and World No Tobacco Day Awards.
  • Dr Harsh Vardhan leadership was instrumental in the 2019 national legislation to ban E-cigarettes and heated tobacco products.

Books and Authors News

8. Ravi Shahtri’s Debut Book Titled ‘Stargazing: The Players in My Life’

01st June 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_10.1

  • Cricket all-rounder, commentator and coach, Ravi Shastri is now making his publishing debut, as he has penned a book titled ‘Stargazing: The Players in My Life’.
  • The book is being published by HarperCollins India. It is been co-authored by Ayaz Memon. It is expected to be released on June 25, 2021.
  • In the book, Shastri has written about some 60 extraordinary talents he has met from across the world who have inspired him.

9. A book title ‘Savarkar: A contested Legacy (1924-1966) authored by Vikram Sampath

01st June 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_11.1

  • Decorated historian and author Vikram Sampath has come out with the second and concluding volume of the book on the life and works of Veer Savarkar titled “Savarkar: A contested Legacy (1924-1966)”.
  • The book will hit the stands on July 26, 2021, under the publication of Penguin Random House India.
  • The first volume, “Savarkar: Echoes from a Forgotten Past” was released in 2019 and covered Savarkar”s life from his birth in 1883 to his conditional release from prison in 1924.
  • The second volume will bring to light the life and works of Vinayak Damodar Savarkar, from 1924 to 1966, the year he died.

Science and Technology News

10. IIT Guwahati researchers design “smart windows” to cut carbon emissions

01st June 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_12.1

  • IIT Guwahati researchers have developed a “Smart Window” material that can effectively control the amount of heat and light passing through it in response to an applied voltage.
  • This material can help in developing automatic climate control systems in buildings. Such materials can help develop efficient automatic climate control systems in buildings, the scientists claimed.
  • This study was recently published in the journal- ‘Solar Energy Materials & Solar Cells.
  • However, achieving such a target is made easier by innovation by Debabrata Sikdar, an assistant professor at IIT’s Department of Electronics and Electrical Engineering, and his research student Ashish Kumar Chowdhary.

11. TCS opens its first European innovation centre in Amsterdam, Netherland

01st June 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_13.1

  • Tata Consultancy Services (TCS) will bring universities, businesses, startups and government together at its latest innovation hub in Amsterdam to help use digital technology to solve sustainability challenges.
  • It will focus on sustainability challenges faced by organisations and becomes the first in a network of hubs, known as TCS Pace Ports, in Europe.
  • About 70 universities globally, more than 2,000 startups, large tech companies such as Amazon and Microsoft, enterprise customers and governments are engaged with the TCS Pace Port network.

Important takeaways for all competitive exams:

  • TCS CEO: Rajesh Gopinathan;
  • TCS Founded: 1 April 1968;
  • TCS Headquarters: Mumbai.
  • Netherland capital : Amsterdam;
  • Netherland currency: Euro.

Awards News

12. Utah Jazz’s Jordan Clarkson wins 2021 Sixth Man of the Year

01st June 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_14.1

  • Utah Jazz guard Jordan Clarkson has won the 2020-21 Kia NBA Sixth Man Award for his contributions in a reserve role.
  • This is the first Sixth Man honour for Clarkson, who becomes the first player to win the annual award with the Jazz.
  • Clarkson becomes the first player in Jazz franchise history to win the award and was presented the trophy by his teammate and fellow Sixth Man of the Year Finalist Joe Ingles.
  • Clarkson received 65 first-place votes and earned 407 total points from a global panel of 100 sportswriters and broadcasters.

Important Days 

13. Global Day of Parents celebrated on 1st June

01st June 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_15.1

  • United Nations celebrates Global Day of Parents on the 1st of June every year to honour all the parents throughout the world.
  • The Global Day of Parents recognizes the primary responsibility of the family in nurturing and protecting their children.
  • Hence, the day acknowledges the selfless commitment of all parents for their children including their lifelong sacrifice towards nurturing this relationship.
  • The Global Day of Parents emphasizes the critical role of parents in the rearing of children. The day was designated by the General Assembly in 2012 to honour all the parents throughout the world.

14. World Milk Day celebrated on 01st June

01st June 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_16.1

  • The Food and Agriculture Organisation of the United Nations celebrates World Milk Day every year on 01st June to recognize the importance of milk as a global food, and to celebrate the dairy sector.
  • It aims to encourage people to talk about the advantages of dairy with regards to health including nutrition, accessibility and affordability.
  • This year, our theme will focus on Sustainability in the dairy sector with messages around the environment, nutrition and socio-economics. In doing so we will re-introduce dairy farming to the world.
  • In 2001, World Milk Day was established by the Food and Agriculture Organisation of the United Nations to recognize the importance of milk as a global food, and to celebrate the dairy sector.
  • Each year since, the benefits of milk and dairy products have been actively promoted around the world, including how dairy supports the livelihoods of one billion people.

Obituaries News

15. Former Danish Prime Minister Poul Schlueter Passes Away

01st June 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_17.1

  • Former Denmark’s prime minister Poul Schlueter, who negotiated exemptions for his country to a key European Union(EU) treaty has passed away.
  • He was born on 3 April 1929 in Tonder, Denmark. Schlueter served as the prime minister of the country from 1982-1993.

Miscellaneous News

16. IFFCO introduces world’s first ‘Nano Urea’ for farmers across world

01st June 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_18.1

  • Indian Farmers Fertiliser Cooperative Limited (IFFCO) has introduced the world’s first Nano Urea Liquid for farmers across the world. According to an official statement issued by IFFCO, the world’s first Nano Urea Liquid was introduced in its 50th annual general body meeting held in the online-offline mode in India.
  • The Nano Urea Liquid has been indigenously developed after many years of research by its scientists and engineers through a proprietary technology developed at Nano Biotechnology Research Centre, Kalol, in line with ‘Atmanirbhar Bharat’ and ‘Atmanirbhar Krishi’.
  • The Nano Urea Liquid has been found effective and efficient for plant nutrition which increases the production with improved nutritional quality.
  • It will also have a huge positive impact on the quality of underground water, very significant reduction in global warming with an impact on climate change and sustainable development.

Important takeaways for all competitive exams:

  • IFFCO Headquarters: New Delhi;
  • IFFCO Founded: 3 November 1967, New Delhi;
  • IFFCO Chairman: B.S Nakai;
  • IFFCO MD & CEO: Dr U.S Awasthi.

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