Current Affairs Update – 18th June, 2016

Hello and welcome to exampundit . Here are the important Current Affairs of 18th June, 2016. These are important for the upcoming SBI PO Mains 2016.

Current Affairs at a Glance – 18th June, 2016

  1. India and South Korea have launched Korea Plus, a special platform to promote
    and facilitate Korean Investments in India.
  2. Boeing and Tata Advanced Systems Limited (TASL) have joined hands to set up a facility here to
    co-produce Boeing AH-64 Apache helicopter fuselages and other
    aerostructures.
  3. Creating history, Avani
    Chaturvedi
    , Bhawana Kanth and
    Mohana Singh today became the first women fighter pilots to be
    formally commissioned by the Indian Air Force
    .
  4. India and Namibia on 16 June
    2016 signed two Memoranda of Understanding (MoUs) on capacity building for civil
    servants of Namibia and to set up of centre of excellence in Information

    and Communications Technology (ICT).
  5. Microsoft was on 17 June 2016
    selected as the technical partner to
    build a mobile Application (app)
    for Union Human Resources Ministry’s SWAYAM
    (Study Webs of Active-Learning for Young Aspiring Minds) platform.
  6. The Indian hockey team settled for a silver medal in its best ever
    Champions Trophy performance after
    the spirited side went down 1-3 to world
    champions Australia in a
    controversy-marred summit clash penalty shootout here.

Finance/Industry –
India, South Korea launch Korea Plus to promote investments
  • India and South Korea have
    launched Korea Plus, a special platform to promote and facilitate Korean
    Investments in India.
  • Korea Plus will act as a mediator
    in arranging meetings, assisting in public relations and research/evaluation
    and provide information and counselling to Korean companies investing in India.
  • An MOU for establishing Korea
    Plus was signed in January 2016 following Prime Minister Narendra Modi’s visit
    to South Korea in May 2015.
Boeing, Tata to set up joint aerospace facility in Hyderabad
  • Boeing and Tata Advanced Systems
    Limited (TASL) have joined hands to set up a facility here to co-produce Boeing
    AH-64 Apache helicopter fuselages and other aerostructures.
  • Defence Minister Manohar Parrikar
    on Saturday laid the foundation stone of Tata Boeing Aerospace Limited (TBAL)
    at the aerospace Special Economic Zone (SEZ) at Adibatla on the city outskirts.
  • The facility will also deal in integrated
    systems in aerospace.
  • The Hyderabad production facility
    will eventually be the sole producer of AH-64 fuselage globally.
  • The AH-64 Apache is the world’s
    most advanced multi-role combat helicopter and used by the US forces as well as
    many other countries, including India.
India –
Indian Air Force commissions first batch of women fighter pilots
  • Creating history, Avani
    Chaturvedi, Bhawana Kanth and Mohana Singh today became the first women fighter
    pilots to be formally commissioned by the Indian Air Force.
  • Batting for gender parity in the
    armed forces, Defence Minister Manohar Parrikar, who was chief guest at the
    combined graduation ceremony at Air Force Academy, Dundigal on the city
    outskirts, termed the event as a “milestone” as it also the first
    time that women have been given a combat role.
  • Expressing happiness, the three
    women pilots, who successfully completed pre-commissioning training by the
    Flight Cadets of various branches of IAF, said they consider themselves
    “fortunate” and were excited to take on their duties.
  • The trio will go to Bidar in
    Karnataka for their stage-III training for a year on Hawk advanced jet
    trainers, before they get to fly supersonic warplanes.
  • Six female cadets were competing
    to become fighter pilots after the government, in a landmark move, approved an
    IAF plan in October to induct them as fighter pilots.
  • However, only three female
    trainees were selected for the fighter stream.
  • Parrikar, who reviewed the
    passing out parade, conferred ‘President’s Commission’ on behalf the President
    to 130 Flight Cadets, including 22 women trainees, who were commissioned as
    Flying Officers.
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India signs two MoUs with Namibia on capacity building for civil
servants, centre of excellence in ICT
  • India and Namibia on 16 June 2016
    signed two Memoranda of Understanding (MoUs) on capacity building for civil
    servants of Namibia and to set up of centre of excellence in Information and
    Communications Technology (ICT).
  • The agreements were signed after
    a dialogue between President Pranab Mukherjee and his Namibian counterpart Hage
    Geingob.
  • Namibia is committed to honour
    the deal signed with India in 2009 to supply Uranium for civil use.
  • Namibia is the fourth largest
    producer of uranium and assured India that it study the framework New Delhi has
    signed with 12 other countries including UK, US, Australia, Sri Lanka, France
    and South Korea besides others.
Microsoft & AICTE signed agreement to build app for HRD ministry’s
SWAYAM platform
  • Microsoft was on 17 June 2016
    selected as the technical partner to build a mobile Application (app) for Union
    Human Resources Ministry’s SWAYAM (Study Webs of Active-Learning for Young
    Aspiring Minds) platform.
  • The platform will launch 2000
    Massive Open Online Courses (MOOC) for over three crore students in 2016.
  • Microsoft signed a deal of 38
    crore rupees with All India Council of Technical Education (AICTE) to build and
    run the app for three years. Later, it will be taken over by AICTE.
  • Microsoft will deploy a team of
    dedicated people to set up the state-of-the-art application.
Sports –
India settle for silver in Champions Trophy
  • The Indian hockey team settled
    for a silver medal in its best ever Champions Trophy performance after the
    spirited side went down 1-3 to world champions Australia in a
    controversy-marred summit clash penalty shootout here.
  • Only Harmanpreet Singh was able
    to score in the shootout, while SK Uthappa, SV Sunil and Surender Kumar all hit
    wide off the target. Just four attempts were required from the two teams as
    Australia had gained a winning 3-1 lead.
  • Aran Zalewski, Daniel Beale and
    Simon Orchard scored for Australia, while Trent Mitton’s try was blocked by
    goalkeeper PR Sreejesh.
  • India thus improved on its bronze
    medal show in the 1982 edition.

Regards

Team ExamPundit