11th June 2020 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Here is the daily GK update of 11th June 2020 covering the following news headlines: Bamboo, PMKSY-PDMC, Asiatic Lion, NSDC, NFL.

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 the banking terms, current affairs news, etc. So, here is the GK update of 11th June 2020 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

National News

1. MHA reconstituted a new committee for the welfare of freedom fighters

Important takeaways for all competitive exams:
  • Union Minister of Home Affairs: Amit Shah

2. GoI increases customs duty on bamboo from 10% to 25%

The Government of India has raised the Customs duty on bamboo imports from 10% to 25% with immediate effect. The decision to increase the Customs duty on bamboo imports was taken to encourage the use of domestic bamboo under the Aatmanirbhar Bharat Abhiyan. The newly decided customs duty will now be applicable uniformly to any import of bamboo, including by traders.

3. GoI allocates Rs 4000 cr to State Governments under ‘PMKSY-PDMC’

The Government of India has allocated Rs 4000 crore to the State Governments under under ‘Per Drop More Crop’ component of Pradhan Mantri Krishi Sinchayee Yojana (PMKSY- PDMC) for the year 2020-21. The annual allocation of the fund will be distributed to the beneficiaries identified by the State Governments. To expand the coverage of Micro Irrigation in the states, a Micro Irrigation Fund corpus of Rs 5000 crore has been created with National Bank for Agriculture and Rural Development (NABARD).

State News

4. India records 29% increase in Asiatic Lion population

India has recorded a 29% increase in the population of Asiatic Lions. The count of Asiatic Lions has increased from 523 in 2015 to 674 in 2020, indicating a rise of 29% in lion’s population. Asiatic Lions are found in the wild in the Gir sanctuary in western Gujarat. The announcement was made by the Gujarat government.

Important takeaways for all competitive exams:

  • Chief Minister of Gujarat: Vijaybhai R. Rupani; Governor: Acharya Dev Vrat.

Economy News

5. S&P keeps India’s sovereign rating at “BBB-“

The rating agency “S&P” has kept India’s sovereign rating at “BBB-” along with a stable outlook. The rating agency stated that the economy and fiscal position of India will stabilise and begin to improve from 2021 onwards.

Agreements

6. TCS iON partners with National Skill Development Corporation

TCS iON has partnered with National Skill Development Corporation (NSDC). The partnership has been done to provide NSDC’s training partners access to the TCS iON Digital Glass Room in order to move classroom-based vocational skills training to online mode for students across the country. Hence, the tie-up will bolster NSDC’s online content aggregation platform “eSkill India”.

Important takeaways for all competitive exams:

  • MD & CEO of National Skill Development Corporation: Manish Kumar.
  • TCS iON is a unit of Tata Consultancy Services.

7. NFL ties-up with ITI to train youth in various trades

National Fertilizers Limited (NFL), Nangal, Punjab has tied up with Industrial Training Institutes (ITI), Nangal, Punjab to train youth in various trades. The partnership will give thrust to the “Skill India” initiative of the Government of India. As per the Memorandum of Understanding (MoU), NFL will train youth in 12 trades to enhance the chances of their employbility in heavy as well as process industry.

Important takeaways for all competitive exams:

  • Chief Minister of Punjab: Captain Amarinder Singh.
  • Governor of Punjab: VP Singh Badnore.

Defence News

8. GRSE delivered ICGS Kanaklata Barua to ICG

Garden Reach Shipbuilders and Engineers Ltd (GRSE) has delivered ICGS Kanaklata Barua, the fifth and last boat in the series of Fast Patrol Vessels (FPV) for the Indian Coast Guard. This is the 105th vessel conveyed by the Defense PSU shipyard dependent on the banks of stream Hooghly.

Important takeaways for all competitive exams:

  • Headquarters of GRSE: Kolkata, India.
  • Chairman and Managing Director (CMD) of GRSE: Vipin Kumar Saxena.

Ranks and Reports

9. QS World University Rankings 2021 released

Quacquarelli Symonds (QS) World University Ranking 2021 has released. Only eight Indian institutes managed to feature in the top 500 of QS World University Ranking 2021. IIT Bombay has dropped 20 positions from last year’s world university ranking, IISc dropped by one position, and IIT- Delhi’s rank has slipped from the previous rank of 182.

To read the complete list of Quacquarelli Symonds (QS) World University Ranking 2021: Click here

Sports News

10. IWF cleared K Sanjita Chanu from anti-doping violation

International Weightlifting Federation (IWF) has cleared India’s K Sanjita Chanu of anti-doping violation charges. The Manipur lifter had tested positive for testosterone, a banned anabolic steroid, in an out-of-competition test conducted by us Anti Doping Agency before participating within the 2017 world championships in Las Vegas.

Important takeaways for all competitive exams:

  • International Weightlifting Federation Headquarters: Budapest, Hungary.
  • International Weightlifting Federation President: Ursula Papandrea.

11. Alexander Shustov of Russia gets 4-year ban for doping

The Court of Arbitration for Sport (CAS) has banned Former European high jump champion, Alexander Shustov for 4-years for the use or attempted use of a banned substance or method (doping). He won the gold medal at the European championships in 2010. His ban was dated from June 5, and his results were disqualified for a period from 2013 to 2017.

Important takeaways for all competitive exams:

  • Headquarters of CAS: Lausanne, Switzerland.
  • President of the CAS Ordinary Division: Carole Malinvaud.

Obituaries News

12. Burundi’s Incumbent President Pierre Nkurunziza passes away

The President of the Republic of Burundi, Pierre Nkurunziza passed away. After being in power for 15 years, Nkurunziza was due to step down in August. In 2015, the announcement that he would run for a third term plunged the country into chaos. Between 2006 and 2011, the president was known for his preaching and love of football – received seven international awards for his peace-building efforts.

Important takeaways for all competitive exams:

  • Capital of Burundi: Gitega.
  • The currency of Burundi: Burundian franc.

13. DMK’s MLA J Anbazhagan passes away due to COVID-19

In Tamil Nadu, three-time Dravida Munnetra Kazhagam (DMK) MLA J Anbazhagan passed away due to COVID-19. Anbazhagan represented the Chepauk-Thiruvallikeni constituency in the Assembly.

14. Padma Shri awardee Pritam Singh passes away

Former director of Indian Institute of Management (IIM) Lucknow, Pritam Singh passed away. He chaired the subcommittee on Institutional Management and Leadership Development in Higher Education by the 12th Planning Commission for the 5-year plan (2012-2017). He was a member of the Ministry of Home Affairs Committee for capacity building of IPS officers.

15. Television Actor Jagesh Mukati passes away

Television Actor Jagesh Mukati passed away due to breathing issues. He was renowned for working the TV shows namely Amita Ka Amit and Shree Ganesh. He also acted in 2014 bollywood movie “Hasee Toh Phasee” starring Parineeti Chopra & Sidharth Malhotra.

Check More GK Updates Here

Watch Video Current Affairs show of 11th June 2020

Click Here to Register for Bank Exams 2020 Preparation Material

Visit Achieversadda.com and participate in discussions with other aspirants and achievers. Get answers to your queries and connect with others on Achieversadda.com

All the Best BA’ians for RBI Assistant Mains!