Current Affairs Update – 21 June, 2017



Hello and welcome to exampundit. Here are the important Current Affairs update of 21 June, 2017. These are important for the upcoming  SBI Clerk 2017, Dena Bank PGDBF, NICL AO Mains and other exams in 2017 July and August.

Current Affairs at a Glance – 21 June, 2017

  1. The Reserve Bank of India (RBI)
    has removed the restriction on foreign investment in IDFC Ltd after the shareholding of overseas investors fell below
    the prescribed level.
  2. India and Portugal on 17
    May 2017 signed a Protocol of Cooperation agreement to promote cooperation in
    the field of archives. The information regarding this was published by Press
    Information Bureau on 20 June 2017.
  3. Ramamani Iyengar Memorial Yoga Institute of Pune was on 21 June
    2017 selected as the first recipient of the Prime Minister’s Award for
    Outstanding Contribution to Promotion and Development of Yoga for 2017. The
    award was announced on the occasion of third edition of International Yoga Day.
  4. Qatar Airways on 20 June 2017 was announced the World’s Best
    Airline at the SKYTRAX 2017 World Airline Awards.
  5. International Yoga Day was celebrated world-wide on 21 June 2017.
    The day is being celebrated with the theme “Yoga for Health”.
  6. Anil Kumble, the legendary cricketer and cricket thinker, resigned
    from the post of head Coach of the Indian Cricket team on 20 June 2017. His
    resignation came four days before the limited overs tour to the Caribbean (West
    Indies team) begins.

Banking & Financial News
RBI lifts restriction on foreign investment in IDFC

  • The Reserve Bank of India (RBI)
    has removed the restriction on foreign investment in IDFC Ltd after the
    shareholding of overseas investors fell below the prescribed level.
  • “The foreign shareholding by
    foreign institutional investors/foreign portfolio investors in IDFC have gone
    below the prescribed FII/FPI investment limit. Hence, the restrictions placed
    on the purchase of shares by FII/FPI of the above company, are withdrawn with
    immediate effect,” the RBI said in the notification.
  • Foreign portfolio investors held
    32.18% stake in IDFC Ltd as on June 19, 2017.
  • FIIs, NRIs and PIOs (Persons of
    Indian Origins) can invest in primary and secondary capital markets in India
    through PIS.
  • The RBI monitors the ceilings on
    FII/NRI/PIO investments in Indian companies on a daily basis and has fixed the
    cut-off points two percentage points lower than the actual ceiling.
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News related to India and states
India and Portugal sign historical agreement to promote cooperation in
field of archives

  • India and Portugal on 17 May 2017
    signed a Protocol of Cooperation agreement to promote cooperation in the field
    of archives. The information regarding this was published by Press Information
    Bureau on 20 June 2017.
  • The agreement was signed between
    the National Archives of India and the Minister of Culture of the Portuguese
    Republic in Lisbon, Portugal.
  • The first set of documents were
    handed over to Raghvendra Singh, Secretary to the Union Government and Director
    General of National Archives of India.
  • As a first step under this
    agreement, the Torre do Tombo (National Archives of Portugal) handed over
    digital copies of 62 volumes of the collection known as ‘Moncoes do Reino’
    (Monsoon correspondence) to the National Archives of India.
  • These volumes were originally
    part of over 456 volumes that cover the period from 1568 to 1914 and form the
    largest of all record collections in the Goa State Archives. 
  • The collection consists of direct
    correspondence from Lisbon to Goa and is important primary source for the study
    of the Portuguese expansion in Asia, their trade rivalries with the Arabs and
    European powers and their relations with neighbourings Kings in South Asia and
    East Asia. 
  • In 1777, these 62 volumes,
    consisting of over 12000 documents and pertaining to the period from 1605 to
    1651, were shifted from Goa to Lisbon where these were printed under the title
    ‘Documentos Remetidos da India’(Documents sent from India) by the Academy of
    Science at Lisbon.
Awards & Honors
Ramamani Iyengar Memorial Yoga Institute selected for PM’s Yoga Award
2017
  • Ramamani Iyengar Memorial Yoga
    Institute of Pune was on 21 June 2017 selected as the first recipient of the
    Prime Minister’s Award for Outstanding Contribution to Promotion and
    Development of Yoga for 2017. The award was announced on the occasion of third
    edition of International Yoga Day.
  • The Ramamani Iyengar Memorial
    Yoga Institute has worked to spread Yoga internationally over a period of 4
    decades. The Institute published books on Yoga which were also translated into
    multiple languages. There are thousands of Iyengar Yoga teachers popularising
    and propagating yoga across the world.
  • The Award was recommended by an
    Evaluation Committee (Jury) constituted under the Chairmanship of the Cabinet
    Secretary. The Evaluation Committee also includes Additional Principal
    Secretary to Prime Minister, the Foreign Secretary, Secretary (AYUSH) and
    Veerendra Heggade as its members.
Qatar Airways announced World’s Best Airline at 2017 Skytrax World
Airline Awards
  • Qatar Airways on 20 June 2017 was
    announced the World’s Best Airline at the SKYTRAX 2017 World Airline Awards.
  • Qatar Airways was voted Best
    Airline by travellers across the world in the annual passenger survey.
  • The Doha based carrier has now
    won the prestigious Airline of the Year title for a fourth time.
  • Qatar Airways also won the
    World’s Best Business Class, the World’s Best First Class Lounge and the Best
    Airline in the Middle East awards.
  • On the other hand, Air Asia won
    awards for being the Best Low-Cost Airline in Asia for a month year in the row,
    and also as World’s Best Low-Cost Airline Premium Cabin 2017.
Other major awards:
  1. World’s Best Low-Cost Airline:
    AirAsia
  2. Best Low-Cost Airline in Asia:
    AirAsia
  3. Best Airline in Central Asia /
    India: Air Astana
  4. Best Regional Airline in Asia:
    Bangkok Airways
  5. Best Low-Cost Airline in Central
    Asia / India: Indigo
  6. Best Airline in Asia: Singapore
    Airlines
Days
3rd edition of International Yoga Day celebrated worldwide on June 21

  • International Yoga Day was
    celebrated world-wide on 21 June 2017. The day is being celebrated with the
    theme “Yoga for Health”.
  • The year’s theme highlights the
    fact that yoga can contribute in a holistic way to achieve an equilibrium
    between mind and body. The organizers believe that this approach to health and
    wellbeing can make a direct and useful contribution to humankind’s quest to
    achieve sustainable development and move towards lifestyles that are in harmony
    with nature.
  • Yoga is an ancient physical,
    mental and spiritual practice that originated in India. The word ‘yoga’ derives
    from Sanskrit and means to join or to unite, symbolizing the union of body and
    consciousness.
  • Recognizing its universal appeal,
    on 11 December 2014, the United Nations proclaimed 21 June as the
  • International Day of Yoga by
    resolution 69/131. The International Day of Yoga aims to raise awareness
    worldwide of the many benefits of practicing yoga.
Sports News
Anil Kumble resigns as head coach of Indian Cricket team

  • Anil Kumble, the legendary
    cricketer and cricket thinker, resigned from the post of head Coach of the
    Indian Cricket team on 20 June 2017. His resignation came four days before the
    limited overs tour to the Caribbean (West Indies team) begins.
  • During this trip to the
    Caribbean, the team management will be supervised by MV Sridhar, the general
    manager of cricket operations. The batting coach Sanjay Bangar and fielding
    coach R Sridhar will continue in their roles.
  • At the time of his resignation,
    Kumble was present in London to attend the chief executives meeting of the ICC.
    He is the chairman of the ICC’s cricket committee.

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