Test: June 2021 Weekly Current Affair - 3 - UPSC MCQ

Defence Minister Rajnath Singh has approved budgetary support of nearly Rs 499 crore for research and innovation in the defence sector for the next five years.

The Prime Minister of Britain Boris Johnson and his Australian counterpart Scott Morrisonhave mutually agreed on a historic Free Trade Agreement (FTA).

A housewife now may not face any problem from the Income Tax Department on deposit of cash up to ₹2.5 lakh during demonetisation (2016). A Bench of Income Tax Appellate Tribunal (ITAT) has held that such deposits cannot be treated as income of the assessee.

Asian champion and star wrestler Vinesh Phogat clinched gold in the 53kg category at the Poland Open.

Addressing India and the world on the International Yoga Day, Prime Minister Narendra Modi unveiled the mYoga app.The app will be accessible around the world and will deliver the benefits of Yoga to millions via audio and video training modules in different languages.

Yuka Saso bounced back from two early double bogeys and bested Japan’s Nasa Hataoka in the third hole of a sudden death playoff to win the 76th U.S. Women’s Open golf championship at the Olympic Club in San Francisco.

The Indian Institute of Technology (IIT) Bombay hosted a three-day virtual conference of BRICS Network Universities on electric mobility.

In case participation in IRS is through over the counter transactions, the counterparty has to be an entity recognized as a market maker by RBI and exposure to a single counterparty in such transactions should not exceed 10 per cent of the net assets of the scheme.

In a major boost to India’s exports of Geographical Indications (GI) certified agricultural produce, a consignment of fibre and mineral rich ‘Jalgaon Banana’ has been shipped to Dubai, United Arab Emirates.

Bangladesh has gone up 7 notches from 2020 and secured 91st place among 163 nations in the 2021 Global Peace Index.— behind Bhutan and Nepal and ahead of Sri Lanka, India, Pakistan and Afghanistan.

India has registered tremendous growth in agriculture exports during the last financial year.

Companies that have a market capitalisation of more than Rs 1 lakh crore at the time of listing can now sell just five per cent of their shares, with the latest amendment in rules, a move that will be beneficial for the government during the proposed initial public offer of LIC.

Indian Naval Ship Trikand, a mission deployed for Anti-Piracy Operations, is participating in the maiden IN – EUNAVFOR Joint Naval Exercise in the Gulf of Aden.

The Centre has allocated a whopping Rs 10,870 crore to Uttar Pradesh under the Jal Jeevan Mission for 2021-22, the highest allocation so far to any state, the Ministry of Jal Shakti said.

The Navi Mumbai International Airport will be named after Shiv Sena founder late Bal Thackeray, Urban Development Minister Eknath Shinde has said.

Gujarat government has given in-principle approval to a scheme worth 102 crore rupees to prevent marine salinity entering in the coastal villages of Saurashtra.

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.

Every year on June 17, World Day to Combat Desertification And Drought is observed.

Government announced establishment of five Divyangta Khel Kendras in different parts of country.

A major reform initiative, the government approved a long-pending proposal to restructurethe nearly 200-year-old Ordnance Factory Board that operates 41 ammunition and defence equipment production facilities into seven separate corporate entities to improve its accountability, efficiency and competitiveness.

Ships of the Indian Navy and Japanese Maritime Self-Defense Force (JMSDF) participated in a joint naval exercise at the Indian Ocean to realize “Free and Open Indo-Pacifyurwwic.

The United Nations Global Compact has announced that it has recognized Mr. Sumant Sinha, Chairman & MD of ReNew Power as one of ten 2021 SDG Pioneers for his work to advance access to clean and affordable energy.It was announced at the UN Global Compact Leaders Summit 2021.

Ahead of the WTO’s ministerial conference later this year, the government has appointed a private person Aashish Chandorkar as ‘Counsellor’ in India’s Permanent Mission in the World Trade Organisation for three years.

India received $64 billion in Foreign Direct Investment in 2020, the fifth largest recipient of inflows in the world, according to a UN report which said the COVID-19 second wave in the country weighs heavily on the country’s overall economic activities.

Reserve Bank of India (RBI) decided to grant in-principle approval to Centrum Financial Services Limited to set up a Small Finance Bank.