Current Affairs Quiz 8th June 2023 Quiz

Exp. UP govt launches Nand Baba Milk Mission scheme

Uttar Pradesh government has launched the Nand Baba Milk Mission scheme at a cost of Rs 1,000 crore.

This scheme provides milk producers the facility of selling their milk at a reasonable price in villages through dairy co-operative societies.

Under this mission, it is proposed to form a Dairy farmer producer organization (Dairy FPO) in order to facilitate the sale of milk in producers’ villages itself.

UP is a leading state in the field of milk development and milk production.

About Uttar Pradesh

• Capital – Lucknow
• Chief Minister – Yogi Adityanath
• Governor – Anandiben Patel

Exp. Madhya Pradesh launches ‘CM Learn and Earn’ scheme

Madhya Pradesh Chief Minister has launched Learn and Earn scheme to teach employable skills to the youth.

In the scheme, 703 work areas have been identified for training. At least one lakh youth will be provided training under the scheme

The most important aspect of this learn-and-earn scheme is that along with learning skills, the youth will also be given an allowance of Rs 8,000 to 10,000.

As per the schedule, the registration of establishments providing training to youth will start from today and the registration of youth willing to learn work will start from 15th June.

About Madhya Pradesh

• Capital – Bhopal
• Chief Minister – Shivraj Singh Chauhan
• Governor – Mangubhai C. Patel

Exp. Haryana launched campaign to raise awareness about waste collection

Haryana has launched a special campaign to raise awareness about door-to-door waste collection and segregation.

It is a part of the government’s continuous efforts to transform every city in the state into a ‘Clean City-Safe City’.

The govt will take concrete measures for the beautification of cities including the repair of roads, parks, and parking facilities.

About Haryana

• Capital – Chandigarh
• Chief Minister – Manohar Lal Khattar
• Governor – Bandaru Dattatreya

Exp. Israel tests first autonomous flying taxi

Israel has begun conducting initial tests of autonomous drones that could one day serve as public transportation.

The drones are part of Israel’s National Drone Initiative to ease traffic congestion.

Israel hopes autonomous Electric Vertical Takeoff and Landing (eVTOL) aircraft will help to ease its worsening traffic problems.

The aircraft being tested now will be able to bypass traffic jams and ease congestion by removing cars and trucks from the roads, in conjunction with air traffic management systems.

The initiative is a partnership between govt entities and the country’s Civil Aviation Authority.

About Israel

• Capital – Jerusalem
• Currency – Sheqel
• President – Isaac Herzog
• Prime Minister – Benjamin Netanyahu

Exp. Five new countries elected as non-permanent members of the UN Security Council

Algeria, Guyana, the Republic of Korea, Sierra Leone and Slovenia were elected non-permanent members of the UN Security Council for a two-year term.

The newly elected members will take up their new responsibilities on 1 January 2024 and serve till 31 December 2025.

Slovenia defeated Belarus by a vote of 153 to 38, while Algeria, Guyana, Sierra Leone and the Republic of Korea were elected unopposed.

These new members will replace Albania, Brazil, Gabon, Ghana and the United Arab Emirates at present when their two-year term ends on 31 December 2023.

About United Nations (UN)

• Founded – 24 October 1945
• Headquarters – New York, US
• Official languages – Arabic, Chinese, English, French, Russian & Spanish
• Membership – 193 member states
• 1st Secretary General – Trygve Halvdan Lie (Norway)
• 9th Secretary‑General – António Guterres (Portugal)
• Deputy Secretary-General – Amina J. Mohammed (Nigeria)
• United Nations Day is celebrated on October 24 every year

Exp. Kotak Bank launches Réserve premium account

A division of Kotak Mahindra Bank Limited, Kotak Private Banking has unveiled Kotak Réserve, a Savings Programme curated exclusively for UHNIs (Ultra High Net Worth Individuals) and HNIs (High Net Worth Individuals).

This by-invite programme extends beyond banking services, offering a range of exclusive amenities to provide clients with an unparalleled luxury banking experience.

The Kotak Réserve Savings Programme aims to deliver a premium banking experience by offering exclusive lifestyle benefits in areas such as travel, health and wellness, and entertainment.

Key offerings of Kotak Réserve include an Epicure Privileged Membership by Taj, Lafayette Luxury Concierge services, BookMyShow vouchers, preferential pricing on services, and the Kotak White Reserve credit card.

These privileges encompass a spectrum of services such as luxury stays, dining experiences, spa treatments, customized lifestyle solutions, access to exclusive Michelin-starred restaurants, and more.

CEO of Private Banking at Kotak Mahindra Bank Ltd. – Oisharya Das

Recent Facilities Launched in Banks & Insurance Sector

• Bank of Baroda launches of Interoperable Cardless Cash
• RBI Governor launches Financial Inclusion Dashboard ‘ANTARDRIHSTI’
• SBI launches Project Kuber in Bengaluru
• Bajaj Allianz Life launches term insurance plan for Type 2 diabetics
• Yes Bank launches new logo and Life Ko Banao Rich campaign

Exp. Yes Securities partners with WatchYourHealth to provide investment solutions

Yes Securities has partnered with WatchYourHealth (a tech-driven healthcare platform) to provide investment solutions to healthcare professionals through the ‘Wellth- Where Investments and Health Unite’ program.

The partnership is aimed at helping the healthcare community start their investment journey for successful wealth creation and achieving long-term financial goals.

Additionally, the company will provide free-of-cost demat and trading accounts, monthly stock research recommendations, and tailor-made product offerings based on the client’s needs.

The partnership will also see the launch of a custom app, which will provide a seamless and personalized investment journey exclusively for doctors.

MD and CEO of YES SECURITIES – Anshul Arzare

CEO and co-founder of  WatchYourHealth – Ratheesh Nair

Recent MoU in Banking Sector

• Equitas SFB partnered with IBM for digital banking platform
• HDFC Bank partners Manipal Global to build up a talent pipeline
• Capital SFB partnered with Max Life to offer life insurance solutions
• Axis Bank partnered with India Shelter Finance for co-lending small loans
• Shivalik SFB partners with Arya.ag to empower small farmers

Exp. HDFC Bank introduces Millennia Credit Card

HDFC Bank has introduced a new credit card — Millennia — offering cashback.

The card comes with contactless technology allowing customers to ‘tap and pay’ via POS machine.

The HDFC Millennia Credit card offers cashback and reward points on Amazon, Flipkart, and other e-commerce platforms. In addition, the card also offers 1 percent cashback on offline purchases, smart EMI, and lounge access for free, among others.

Eligibility to obtain HDFC Millennia Credit card

• The Millennia card is applicable to both self-employed and salaried persons.
• The minimum age limit is 21 and maximum age is 40.
• People earning a maximum of ₹35,000 gross salary can apply for the card.
• Self-employed people with an annual income of ₹6 lakh or above are also eligible.

About HDFC Bank

• Founded – August 1994
• Founder – Hasmukhbhai Parekh
• Headquarters – Mumbai, Maharashtra
• MD & CEO – Sashidhar Jagdishan
• Chairman – Atanu Chakraborty
• Tagline – We understand your world

Exp. Wipro launched innovation experience for financial services with Microsoft

Wipro Limited has collaborated with Microsoft to launch the Wipro Industry Innovation Experience for Financial Services.

The Innovation Experience will allow financial services firms to explore new solutions in an immersive 3D environment.

Solutions are currently available as part of the experience range from prevention of financial crime and loan origination to those that help transform core banking systems and maximize cloud investments.

It will feature a new suite of banking and financial services solutions built on Microsoft Cloud.

About Microsoft

• Founded – 1975
• Founders – Bill Gates and Paul Allen
• Headquarters – Washington DC
• Chairman – Satya Nadella
• CEO – Satya Nadella
• President – Brad Smith

Exp. Nirmala Laxman appointed as the new chairman of The Hindu Group

Nirmala Laxman has been appointed as the Chairperson of the Board of Directors of The Hindu Group Publishing Private Limited (THGPPL) for a period of 3 years.

He succeeds Malini Parthasarathy, who stepped down after completing her three-year term at the board meeting on June 5, 2023.

Nirmala Laxman is the founder and curator of Lit for Life, a literary festival organized by The Hindu.

She also previously served as the chairman of Kasturi Media Limited (KML), the publisher of The Hindu Tamil Thisai.

Recent Appointment

• 78th UNGA president – Dennis Francis (Trinidad and Tobago)
• DG of Geological Survey of India (GSI) – Janardan Prasad (replace Dr. S. Raju)
• President of World Meteorological Organization (WMO) – Dr Abdulla Al Mandous (UAE)
• Chairman and MD of Steel Authority of India Ltd (SAIL) – Amarendu Prakash
• Sworn in as member of UPSC – Bidyut Bihari Swain

Exp. Jagdish S Bakan bagged Michel Batisse award 2023

An IFS officer, Jagdish S Bakan has won the prestigious UNESCO Michel Batisse Award 2023 for biosphere reserve management.

The 2017 batch officer of the Indian Forest Service is currently the director of the Gulf of Mannar Biosphere Reserve.

The USD 12,000 award is given in memory of Dr. Michel Batisse for outstanding achievement in the management of biosphere reserves in line with the recommendations of the Seville Strategy.

He will receive the award from Unesco in Paris on June 14, 2023.

Recent Awards

• Suriname highest civilian award Grand Order of the Chain of the Yellow Star – Droupadi Murmu
• Greentech Safety Award 2023 – Rashtriya Ispat Nigam Limited (RINL)
• 57th Jnanpith Award – Damodar Maujo
• Honoris Causa at Apex University’s Jaipur – Sonu Sood
• National Water Award 2022 – Chandigarh

Exp. Mazagon Dock signs deal with Germany to build diesel submarines

German shipbuilder ThyssenKrupp Marine Systems (TKMS) has signed an agreement with India’s biggest warship yard, Mazagon Dock (MDL), to cooperate in building six advanced submarines for the Indian Navy.

These submarines will be powered by a new technology called air-independent propulsion (AIP). They will be built under a Rs 45,000-crore programme called Project 75-I.

The Project 75-I is being pursued under the so-called “strategic partner” model of equipment acquisition.

This requires the Ministry of defence (MoD) to identify Indian firms that have the capability and capacity to build and supply a particular weapons platform – such as a submarine, warship, fighter aircraft or tank.

Exp. 8 June – World Brain Tumour Day

World Brain Tumour Day is observed every year on June 8.

Objective – To raise awareness about brain tumour and the importance of early detection and timely treatment

Theme 2023 – Protect yourself- keep away from stress

A brain tumour is an abnormal growth of cells in the brain or around it. Brain tumours can be cancerous or non-cancerous. Any abnormal growth causes pressure inside the skull.

In 2010, the International Brain Tumour Alliance (IBTA) designated June 8 as World Brain Tumour Day.

Exp. 8 June – World Oceans Day

World Oceans Day is celebrated every year on 8 June.

Objective – To raise awareness about the importance of the oceans, encourage responsible management of marine resources and inspire action to protect and conserve these vital ecosystems

Theme 2023 – Planet Ocean: The Tides are Changing

World Ocean Day was first proposed by Canada in 1992 at the Earth Summit in Rio de Janeiro, Brazil.

In 2002, The Ocean Project began to promote World Ocean Day with the help of international partner organizations. A year later, the World Ocean Day website was launched, which campaigned for four years to have World Ocean Day established.

Finally, in 2008, the United Nations General Assembly recognized June 8 as World Ocean Day.