Current Affairs for LIC AAO 2019 and SBI PO 2019 | 12th June 2019 Current Affairs PDF at Smartkeeda

Directions: Study the following questions carefully and answer the questions given below.
1
Which one of the following has recently launches three new public transport features in India?
» Explain it
D
Hints to Remember

Who: Google Maps
What: launches three new public transport features in India
When: published on 4th June 2019

Google Maps announced three India-first features on Tuesday. Starting today, Google Maps users will be able to see bus travel times from live traffic across 10 of the largest cities in India, get Live train status for Indian Railways trains, and get mixed-mode commute suggestions that now combine auto-rickshaw and public transport.

Announcing the new India-first features, Taylah Hasaballah, Product Manager, Google Maps said; “Google Maps is being used by over a billion travellers to navigate and explore their world, wherever they are. And we at Google are focused on building Maps features that will help deliver a more relevant, accurate, and reliable experience for commuters."

For the complete information kindly visit given link:

https://www.livemint.com/technology/apps/google-maps-
zlaunches-three-new-public-transport-features-to-help-commuters-1559641262343.html
2
Who among the following has recently launched Swachh Survekshan 2020 League (SS League 2020) in New Delhi?
» Explain it
B
Hints to Remember

Who: Union housing and urban affairs minister Hardeep Singh Puri
What: launched Swachh Survekshan 2020 League (SS League 2020) in New Delhi
When: published on 6th June 2019

Union housing and urban affairs minister Hardeep Singh Puri Thursday launched the 'Swachh Survekshan League 2020' (SS 2020), saying parameters pertaining to wastewater treatment, reuse and fecal sludge management have been given special focus in the survey. He said there will be a quarterly cleanliness assessment of cities and towns in India.

This will be integrated with Swachh Survekshan 2020, the 5th edition of the annual cleanliness survey of urban India to be conducted from January-February 2020 by Union housing and urban affairs ministry under the aegis of Swachh Bharat Mission- Urban (SBM-U).

For the complete information kindly visit given link:

https://timesofindia.indiatimes.com/india/swachh-survekshan-league-2020-launched/articleshow/69680199.cms
3
Which of the following states has recently launched the 'Pink Sarathi' vehicles for womens safety?
» Explain it
B
Hints to Remember

Who: Karnataka
What: launched the 'Pink Sarathi' vehicles for womens safety
When: published on 6th June 2019

Chief Minister H.D. Kumaraswamy flagged off the ‘Pink Sarathi’ vehicles procured by the Bangalore Metropolitan Transport Corporation (BMTC) under the ‘Nirbhaya’ scheme.

The corporation had received ₹56.07 crore from the Union government under the scheme and had taken up various measures for the safety of women passengers, including the launch of Pink Sarathi vehicles.

The BMTC now has a fleet of 25 Pink Sarathi vehicles fitted with GPS and public announcement systems. It will deploy these vehicles to attend to the grievances of women passengers in city buses.

For the complete information kindly visit given link:

https://www.thehindu.com/news/cities/bangalore/kumaraswamy-launches-pink-sarathi-vehicles/article27583071.ece
4
The Reserve Bank of India has recently relaxed leverage ratio for banks to __________.
» Explain it
A
Hints to Remember

Who: The Reserve Bank of India (RBI)
What: relaxed leverage ratio for banks to 4 percent
When: published on 7th June 2019

The Reserve Bank of India (RBI) relaxed the leverage ratio (LR) for banks in a bid to help them expand their lending activities. The leverage ratio stands reduced to 4% for Domestic Systemically Important Banks (DSIBs) and 3.5% for other banks.

The relaxation was announced in the accompanying statement on developmental and regulatory policies.

For the complete information kindly visit given link:

https://www.livemint.com/industry/banking/rbi-relaxes-leverage-ratio-in-a-boost-to-bank-lending-1559847578851.html
5
Which of the following banks has recently launched centre for MSMEs in Bengaluru?
» Explain it
A
Hints to Remember

Who: ICICI Bank
What: launches centre for MSMEs in Bengaluru
When: published on 4th June 2019

ICICI Bank launched a center in Bengaluru to provide business solutions exclusively to start-ups and MSME sector, all under one roof.

Sandeep Batra, Executive Director (Designate), ICICI Bank along with Viral Rupani, Retail Business Head – South, ICICI Bank inaugurated the centre.

The services offered include working capital loans upto ₹20 crore, business loans (based on GST returns) upto ₹1 crore, instant overdraft facility of ₹15 lakh, extensive trade solutions and cash management services, among others.

For the complete information kindly visit given link:

https://www.thehindubusinessline.com/money-and-banking/icici-bank-launches-centre-for-msmes-in-bengaluru/article27460004.ece


Important Current Affairs Questions and Answers: 12th June 2019
 
1. Tata Mutual Fund launched India's first mutual fund side pocket initiative.
(12th June 2019 Current Affairs Quiz)

Tata Mutual Fund has announced plans to introduce segregated portfolios (side pockets) in three schemes hit by the DHFL debt crisis – Tata Corporate Bond Fund, Tata Medium Term Fund and Tata Treasury Advantage Fund. It has also suspended fresh inflows into these schemes. This instance is India’s first formal use of the side pocketing provisions introduced by SEBI in December 2018. Other AMCs have made amendments to SIDs to allow side pocketing but this is the first time an AMC is actually proposing to carry out the procedure.

As of 30th April, 2019, Tata Corporate Bond Fund had a 28.21% exposure to DHFL, Tata Medium Term Fund had a 14.60% exposure and Tata Treasury Advantage Fund had a 3.77% exposure. The three schemes saw overnight drops of 29.69%, 12.31% and 4.06% on 4th June, after DHFL failed to make interest payments on some of its debt causing independent valuation agencies to mark down the debt held by mutual funds. The drops in NAV are higher than actual exposure in some cases and this may be because the percentage exposure has gone up due to outflows in May.

2. Manpreet Vohra concurrently accredited as the next High Commissioner of India to Belize.
(Latest Current Affairs Quiz of 12th June 2019)

Shri Manpreet Vohra (IFS:1988), presently Additional Secretary in the Ministry of External Affairs and Indian Ambassador-designate to Mexico, has been concurrently accredited as the next High Commissioner of India to Belize, with residence in Mexico City.

He is expected to take up the assignment shortly.

3. World Brain Tumour Day 2019 was observed on June 8.
(Important Current Affairs Quiz of 12th June 2019)

World Brain Tumor Day is observed on the June 8 every year with the objective of spreading awareness and educating people about the same. Brain tumors are fatal, with majority of the patients dying within 9 to 12 months of diagnosis. Every year 40,000 to 50,000 people are diagnosed with brain tumors, out of which 20 per cent are children.

On the day, Dr R K Jain, pediatric neurology at Fortis Memorial Research Institute shares that there are more than 120 different types of brain tumors that exhibit different symptomatology, and the nomenclature of which depend upon the area of the brain from which they originate. Below, he shares the symptoms, risk factors and treatment.

4. China is going to host the 2023 Asian Cup confirmed by Asian Football Confederation (AFC).
(Top 10 Objective Current Affairs Quiz of 12th June 2019)

The Asian Football Confederation (AFC) Member Associations confirmed China PR as the hosts for the AFC Asian Cup 2023 at the AFC Extraordinary Congress in Paris, France.

The unanimous decision marks the second time Asia’s crown jewel will be played in the People’s Republic of China which also hosted the 13th edition in 2004 when the tournament was expanded to 16 teams for the first time.

Since then, Asia’s flagship national team competition has grown to 24 teams with the United Arab Emirates staging the biggest-ever edition earlier this year, which broke all digital media engagement and TV viewership records.

5. YES Bank conducts e-auction for forest produce.
(Most Important Current Affairs Questions and Answers of 12th June 2019)

YES Bank has conducted the first e-auction of forest produce in Dhanora Mahasangh in Maharashtra, something it will now aim to replicate in other states. Asit Oberoi, global head-transaction banking group, YES Bank said that this was done in April under the A.R.T approach along with their fintech partner, Sparsh Technologies.

The expected throughput is about Rs 40 crore per annum. The online auction enables the online purchase of goods aimed at facilitating effective and transparent price discovery. For farmers, this brings in greater transparency and eliminates the middle man, ensuring that they get a better rate for their produce. “This is done under our Tech for Change initiative where we work with the government and corporates to create technology-based solutions which have a social impact.

6. ICICI Bank launches centre for MSMEs in Bengaluru.
(Today’s Current Affairs Quiz of 12th June 2019)

ICICI Bank launched a center in Bengaluru to provide business solutions exclusively to start-ups and MSME sector, all under one roof.

Sandeep Batra, Executive Director (Designate), ICICI Bank along with Viral Rupani, Retail Business Head – South, ICICI Bank inaugurated the centre.

The services offered include working capital loans upto Rs. 20 crore, business loans (based on GST returns) upto Rs. 1 crore, instant overdraft facility of Rs. 15 lakh, extensive trade solutions and cash management services, among others.

7. The Reserve Bank of India (RBI) relaxed leverage ratio for banks to 4 percent.
(Today’s Current Affairs Capsule of 12th June 2019)

The Reserve Bank of India (RBI) relaxed the leverage ratio (LR) for banks in a bid to help them expand their lending activities. The leverage ratio stands reduced to 4% for Domestic Systemically Important Banks (DSIBs) and 3.5% for other banks.

The relaxation was announced in the accompanying statement on developmental and regulatory policies.

8. Karnataka launched the 'Pink Sarathi' vehicles for womens safety.
(Top 10 MCQs on Current Affairs of 12th June 2019)

Chief Minister H.D. Kumaraswamy flagged off the ‘Pink Sarathi’ vehicles procured by the Bangalore Metropolitan Transport Corporation (BMTC) under the ‘Nirbhaya’ scheme.

The corporation had received Rs. 56.07 crore from the Union government under the scheme and had taken up various measures for the safety of women passengers, including the launch of Pink Sarathi vehicles.

The BMTC now has a fleet of 25 Pink Sarathi vehicles fitted with GPS and public announcement systems. It will deploy these vehicles to attend to the grievances of women passengers in city buses.

9. Union housing and urban affairs minister Hardeep Singh Puri launched Swachh Survekshan 2020 League (SS League 2020) in New Delhi.
(Current Affairs and GK Questions of 12th June 2019)

Union housing and urban affairs minister Hardeep Singh Puri Thursday launched the 'Swachh Survekshan League 2020' (SS 2020), saying parameters pertaining to wastewater treatment, reuse and fecal sludge management have been given special focus in the survey. He said there will be a quarterly cleanliness assessment of cities and towns in India.

This will be integrated with Swachh Survekshan 2020, the 5th edition of the annual cleanliness survey of urban India to be conducted from January-February 2020 by Union housing and urban affairs ministry under the aegis of Swachh Bharat Mission- Urban (SBM-U).

10. Google Maps launches three new public transport features in India.
(Latest Current Affairs PDF of 12th June 2019)

Google Maps announced three India-first features on Tuesday. Starting today, Google Maps users will be able to see bus travel times from live traffic across 10 of the largest cities in India, get Live train status for Indian Railways trains, and get mixed-mode commute suggestions that now combine auto-rickshaw and public transport.

Announcing the new India-first features, Taylah Hasaballah, Product Manager, Google Maps said; “Google Maps is being used by over a billion travellers to navigate and explore their world, wherever they are. And we at Google are focused on building Maps features that will help deliver a more relevant, accurate, and reliable experience for commuters."
____________________

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