Following is the 5 June 2018 Current Affairs For Government Exam
1. Ban proposed on obscene depiction of women.
The Ministry of Women and Child Development has proposed to ban obscene depiction of women on the Internet and through SMS/MMS by amending the Indecent Representation of Women Act, 1986.
The Ministry has also suggested that stricter punishments be awarded for such crimes.
It has also proposed setting up a Central authority under the National Commission of Women.
2. TN to ban on disposable plastic from 2019.
Tamil Nadu government announced a ban on manufacture, sales, storage and usage of disposable plastic across State with effective from January 1, 2019.
However, the ban excludes using disposable plastic for packaging milk, curd, oil and medical utilities.
The ban was primarily on plastic carry bags, plastic plates, plastic cups, plastic flags, small plastic sachets used in packaging water.
3. India among top 5 in e-waste generation.
India is among the top five e-waste generating countries in the world besides China, the US, Japan and Germany, according to a report.
Among states, Maharashtra contributes the largest e-waste of 19.8% but recycles only about 47,810 tonne per annum (TPA), the report released by Assocham and NEC.
Tamil Nadu with e-waste contribution of 13% recycled about 52,427 TPA.
4. Telangana, LIC sign MoU for life insurance.
Telangana government and the LIC signed a MoU for the implementation of a Rs five lakh life insurance scheme for the benefit of farmers in the state.
The scheme will be implemented from August 15.
The agriculture department alone would implement the scheme and the AEOs (Agriculture Extension Officers) should get the insurance papers filled up by farmers before August 15.
5. KKA being implemented in 25 villages.
The Ministry of Agriculture and farmers’ welfare has launched the Krishi Kalyan Abhiyaan (KKA) from 1st June 2018 till 31st July 2018.
The Abhiyan will aid, assist and advice farmers on how to improve their farming techniques and raise their incomes.
The Krishi Kalyan Abhiyaan will be undertaken in 25 Villages with more than 1000 population each in Aspirational Districts.
6. Heli-taxis between Shimla-Chandigarh.
Himachal Pradesh CM Jairam Thakur flagged off a helicopter taxi service that will reduce the travel time between Shimla and Chandigarh to 20 minutes.
The service, operated by Pawan Hans, can accommodate 19 persons and will charge ₹2,999 per person.
The government is also planning to start heli-taxi service between Chandigarh and Manali and sortie service from Manali to the Rohtang Pass.
7. Funds for special courts to try lawmakers.
The Centre has released a fresh tranche of funds for 11 states to run special courts to try the over 1,500 cases related to lawmakers.
The Department of Justice in the Law Ministry has released the funds.
Last November, the Supreme Court had directed the government to come up with a scheme to set up 12 special courts to try 1,581 criminal cases pending against elected MPs and MLAs.
8. Centre to start measuring green GDP of States.
The government will begin a five-year exercise to compute district-level data of the country’s environmental wealth.
The numbers will eventually be used to calculate every State’s ‘green’ Gross Domestic Product (GDP).
The metric will help with a range of policy decisions, such as compensation to be paid during land acquisition, calculation of funds required for climate mitigation, and so on.
9. India, US, Japan to begin naval war game.
India and its two strategic partners — the US and Japan — will hold the Malabar naval exercise from next week off the coast of Guam in the Philippine Sea.
It will aim to deepen cooperation in the Indo-Pacific region where China has been expanding its military footprint.
Malabar is a trilateral naval exercise involving the United States, Japan and India as permanent partners.
10. Education guide on fighting anti-Semitism.
The United Nations has released its first-ever guidelines on fighting anti-Semitism in education.
UNESCO, the UN’s cultural body, launched the publication in Paris in collaboration with the Organization for Security and Co-operation in Europe (OSCE).
Guide provides tools to strengthen the resilience of young people to anti-Semitic ideas and violent extremism.
11. Copper-Bronze age chariots discovered.
The “first ever” physical evidence of chariots dating from 2000 BC – 1800 BC have been found by the Archeological Survey of India.
It was found during a trial excavation in Sanauli village near Baghpat.
Decorated with copper motifs, the findings of the Copper-Bronze age have opened up further research opportunities into the area’s civilisation and culture.
12. Mahesh Kumar appointed as Dy Governor of RBI.
Mahesh Kumar Jain has been appointed as Deputy Governor of the Reserve Bank of India for a term of three years.
Presently, he is the Managing Director and CEO of IDBI Bank.
Before his role in IDBI, Jain was the Managing Director and Chief Executive Officer of Indian Bank.
As per the RBI Act, the central bank should have four deputy governors.
13. SEBI cuts expenses charged by Mutual Funds.
SEBI has slashed the ‘additional expense’ charged by Mutual Funds to just 5 basis points to help increase the penetration of such products among investors.
The move will help reduce the cost of investing in MFs.
MF is an investment vehicle made up of a pool of money collected from investors for the purpose of investing in securities such as stocks, bonds, money market instruments.
14. Ministries of MSME and Ayush Sign MoU.
Ministry of MSME and Ministry of AYUSH signed a MoU.
The MoU will create synergies through the institutions and schemes of both ministries for the development of AYUSH enterprises in the country.
The objective of this partnership is to position India as a world leader in “Holistic Healthcare”.
15. SEBI moves to ease corporate insolvency.
SEBI amended its ‘Takeover Code’ to remove capital infusion hurdles in companies with approved resolution plans under the Insolvency and Bankruptcy Code (IBC).
The SEBI move is expected to smoothen the implementation of successful resolution plans.
The ‘Takeover Code’ barred acquirers of shares in a company from entering into any transaction.
16. NBFC for food processing sector.
Food Processing Ministry will soon create its new financial institution which will exclusively fund food processing projects and create capacity building in the field of risk assessment and lending to food processing sector.
The Agro-Processing Financial Institution will be a non-banking financial institution.
The government is likely to hold a minority stake in this NBFC.
17. Fitch downgrades PNB on credit profile.
Fitch Ratings has downgraded the Viability Rating (VR) of Punjab National Bank to ‘b’ from ‘bb-’ and maintained negative ratings.
The two-notch downgrade is a reflection of the significant deterioration in its standalone credit profile.
Fitch said the deterioration in its core capitalisation was caused by a sharp increase in its non-performing loans (NPLs).
18. RBI’s Monetary Policy Committee began meeting.
RBI’s Monetary Policy Committee headed by RBI Governor Urjit Patel began its 3-day meeting in Mumbai on June 4.
Due to certain administrative exigencies, the six-member committee is meeting for three days instead of the usual two days.
It was in January 2014 that the RBI had last raised the short-term lending rate to 8% since then it has either reduced it or maintained status quo.
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