IOA President Narinder Batra elected to IOC

Narinder Batra, President of Indian Olympic Association (IOA) was elected as a member of International Olympic Committee (IOC) in Lausanne, Switzerland. He secured 58 votes out of 62 polled. About Narinder Batra He was elected to prestigious seat during the ..

Month: Current Affairs - June, 2019

World Bank partners with First Resilient Kerala Program

The Government of India, Government of Kerala and World Bank recently signed a Loan Agreement of $250 Million for First Resilient Kerala Program which seeks to enhance State’s resilience against impacts of natural disasters and climate change. Background The 2018 ..

Month: Current Affairs - June, 2019

RBI permits ARC to buy financial assets from Peers

The Reserve Bank of India (RBI) has permitted Asset Reconstruction Companies (ARCs) to acquire financial assets from peers i.e. other such entities. However, RBI, the apex banking regulator cleared that all such transactions have to be settled in cash. Key ..

Month: Current Affairs - June, 2019

Indian Railways conducting trials of Tri-Netra technology

Union Minister of Railways Piyush Goyal during Question Hour informed Rajya Sabha members that Indian Railways is conducting TRI-NETRA (Terrain Imaging for Drivers Infrared, Enhanced, Optical & Radar Assisted) technology for detecting obstructions on tracks. Key Highlights Background: First in ..

Month: Current Affairs - June, 2019

‘Go Tribal’ campaign launched

Go Tribal campaign, was launched by Union Ministry of Tribal Affairs and TRIFED (Tribal Cooperative Marketing Development Federation of India) in association with Amazon Global. Key Highlights about Campaign Objective: To create awareness and promote tribal arts and crafts as ..

Month: Current Affairs - June, 2019

Saudi Arabia raises India’s Hajj Quota by 30,000

In a significant step, Kingdom of Saudi Arabia increased India’s Haj quota by 30,000 thus lifting the figure to 200,000 per year (from 170,000). This move will pave the way for more Indians to go for the annual Islamic pilgrimage ..

Month: Current Affairs - June, 2019

EQUIP: 5-year Vision Plan on Quality Education by HRD Ministry

The Higher Education Department of the Union Ministry of Human Resource Development has finalized and released a 5-year Vision Plan titled as Education Quality Upgradation and Inclusion Programme (EQUIP). About EQUIP This Vision Plan by HRD Ministry is in accordance ..

Month: Current Affairs - June, 2019

India’s Forex reserves rise to a record high of $426.42 billion

As per the data revealed by Reserve Bank of India (RBI), India’s foreign exchange (Forex) reserve rose to a life-time high of $426.42 billion (in week to 21 June 2019) after it surged by $4.215 billion boosted by higher foreign ..

Month: Current Affairs - June, 2019

A Prime Minister to Remember: Book by Former Navy Chief released

A book titled ‘A Prime Minister to Remember- Memories of a Military Chief’, authored by former Navy Chief Admiral Sushil Kumar recently released highlights the key defence related decisions taken by former Prime Minister of India Late Atal Bihari Vajpayee. ..

Month: Current Affairs - June, 2019

All panchayats to have Broadband Connectivity by March 2020: Govt

Ravi Shankar Prasad, Union Minister Electronics and Information Technology in a written reply in Lok Sabha informed Parliament that all gram panchayats will be provided high speed broadband connections under BharatNet project by March 2020. Key Highlights As per the ..

Month: Current Affairs - June, 2019