Current Affairs 18th June 2021 : Daily GK Update Quiz

Exp. India maintained 43rd rank on an annual World Competitiveness Index compiled by the Institute for Management Development (IMD) that examined the impact of COVID-19 on economies around the world this year.

The 64-nation list was led by Switzerland, while Sweden has moved up to the second position (from sixth last year), Denmark has lost one place to rank third. The IMD World Competitiveness Ranking ranks 64 economies and assesses the extent to which a country promotes the prosperity of its people by measuring economic well-being through hard data and survey responses from executives.

Exp. India maintained 43rd rank on an annual World Competitiveness Index compiled by the Institute for Management Development (IMD) that examined the impact of COVID-19 on economies around the world this year.

The 64-nation list was led by Switzerland, while Sweden has moved up to the second position (from sixth last year), Denmark has lost one place to rank third. The IMD World Competitiveness Ranking ranks 64 economies and assesses the extent to which a country promotes the prosperity of its people by measuring economic well-being through hard data and survey responses from executives.

Exp. 15th edition of Global Peace Index (GPI) was announced by Institute for Economics and Peace (IEP) Sydney. India has moved up by two position from its last year’s ranking. It has become 135th most peaceful country while, 5th in South Asia region.

Iceland is most peaceful country worldwide since 2008 joined by other top countries like Denmark, New Zealand, Portugal and Slovenia. Afghanistan is the least peaceful country again for fourth consecutive year. Afghanistan is followed by Yemen, Syria, South Sudan, and Iraq.

Exp. 15th edition of Global Peace Index (GPI) was announced by Institute for Economics and Peace (IEP) Sydney. India has moved up by two position from its last year’s ranking. It has become 135th most peaceful country while, 5th in South Asia region.

Iceland is most peaceful country worldwide since 2008 joined by other top countries like Denmark, New Zealand, Portugal and Slovenia. Afghanistan is the least peaceful country again for fourth consecutive year. Afghanistan is followed by Yemen, Syria, South Sudan, and Iraq.

Exp. IndusInd Bank announced the launch of ‘IndusEasy Credit’, a comprehensive digital lending platform that enables customers to meet their financial requirements from the comfort of their homes. A first of its kind proposition, ‘IndusEasyCredit’ offers a fully digital end to end process that leverages the power of India’s public digital infrastructure – ‘Indiastack’ to offer personal loans and credit cards in a paperless, presence less and cashless manner.

Exp. The Confederation of Indian Industry (CII) said on 17th June the country’s gross domestic product (GDP) is expected to grow at 9.5% in the current financial year (FY 2021-22). This will take the GDP to a level that is slightly higher than in FY20.

Exp. The government of India has appointed a private person Aashish Chandorkar as Counsellor in India’s Permanent Mission in the World Trade Organisation for three years. For the first time, a private person has been appointed at the Mission.

Chandorkar is director of Bengaluru-based policy think tank Smahi Foundation of Policy and Research. The WTO is a 164-member multi-lateral body, which deals with global trade. India is a member since 1995.

Exp. Global sports brand PUMA has extended its decade long partnership with former Indian Cricketer Yuvraj Singh by signing him as the face of PUMA Motorsport in India.

Yuvraj Singh will showcase his passion for fast cars and sports-inspired fashion. With this, he also joins the brand’s global league of legends like Thierry Henry, Boris Becker and Usain Bolt.

Exp. Every year International Picnic Day has been Celebrate on June 18, a day to urge people to get outside and enjoy one other’s company.

Individuals used to go on picnics to get away from their mundane everyday lives, and while it is difficult to engage in such activities due to the Covid-19 pandemic, there are still ways you can celebrate this day with your loved ones.

Exp. Every year, Autistic Pride Day is observed on June 18 globally to create awareness about autism among people and recognise the importance of pride for autistic people and its role in bringing about positive changes in the broader society.

The day is represented by a rainbow infinity symbol which denotes the infinite possibilities that autistic people have.

Exp. CEO: Sumant Kathpalia

Headquarters: Pune

Exp. Capital: Reykjavík

Currency: Icelandic króna