Current Affairs Update – 16th June, 2015

Hello and welcome to ExamPundit. Here are the Important Current Affairs of 16th June, 2015. These are important for the upcoming SBI PO Mains Exam and RBI Assistant Exam.

• Asian Development Bank proposes to increase lending to India
  by almost 50 per cent to USD 12 billion by 2018, ADB President Takehiko Nakao
  said today.
• “ADB aims at increasing its sovereign and non-sovereign
  lending from the present USD 7 billion-USD 9 billion in three years from 2015
  to 2017 to USD 10 billion-USD 12 billion between 2016 and 2018 using ADB’s
  expanded lending capacity,” he said.
• ADB’s annual lending capacity, he added, is expected to
  increase to as much as USD 20 billion a year from the current level of USD 13
  billion based on the merger of its Asian Development Fund lending operations
  with its Ordinary Capital Resources balance sheet.
• Answering question on India’s growth prospects, Nakao said
  the country’s growth rate is expected to exceed that of China in this year.
• India’s projected growth rate of 7.8 per cent for the
  2015-16 fiscal is higher than China’s estimated 7.2 per cent in 2015 calender
  year, he said.
• ADB is expected to revise its growth projections for the
  current fiscal in July, Nakao said.

• India is home to the fourth largest number of
  ultra-high-networth households that have more than 100 million dollars in
  private wealth, according to a new report topped by the US.
• The Boston Consulting Group’s ‘Global Wealth 2015: Winning
  the Growth Game’ report said continued economic expansion of China and India
  was driving growth in wealth in the Asia— Pacific region.
• The US remains the country with the largest number of
  ultra-high-networth (UHNW) households at 5,201, followed by China (1,037), the
  UK (1,019), India (928) and Germany (679) in 2014, it said.
• India’s UHNW households grew manifold from 2013 when the
  number stood at 284.
• The private wealth in the Asia-Pacific region expanded by a
  steep 29 per cent in 2014 to reach USD 47 trillion, enabling it to overtake
  Europe (Eastern and Western Europe combined) to become the world’s second-wealthiest
  region, the report said.
• With a projected USD 57 trillion in 2016, Asia-Pacific
  (excluding Japan) is expected to surpass North America (a projected USD 56
  trillion) as the wealthiest region in the world and will be the largest pool
  for client acquisition.

• The Union Minister of State (Independent Charge) Development
  of North-Eastern Region (DoNER) Jitendra Singh on 15 June 2015 launched an
  Augmented Reality (AR) application named Sakaar to highlight the achievements
  of the Department of Space.
• The application has been developed by Development and
  Educational Communication Unit (DECU) of ISRO for Android devices.
• Sakaar consists of 3D models of MOM, RISAT, rockets (PSLV,
  GSLV Mk-III); videos of INSAT 3D-predicting cyclones, GSLV D5/Cryo, Mars
  Orbiter Mission (MOM) orbit insertion, launch video of MOM, 360 degree animated
  view of MOM; Anaglyph of Mars surface. 
• The Multimedia content of the Sakaar app is generated with
  the support of multimedia & editing facilities of DECU-ISRO.

• Indian Railways on 15 June 2015 rechristened train No
  19031/19032 Ahmedabad-Haridwar Mail Express also known as ‘Haridwar Mail’ as
  Yoga Express. The name was changed with immediate effect.
• However, there will be no change in the train timings and
  its composition.
• Union Government is observing International Yoga Day on 21
  June 2015.

• Indian mobile handset maker Karbonn on 15 June 2015
  announced that it is planning to set up its first mobile handset manufacturing
  facility in Hyderabad.
• The facility will be established with an estimated cost of
  450 crore rupees as part of a joint venture (JV) with a Chinese company.
• It will have production capacity of two million phones per
  month that includes feature (basic) as well as smart phones, which will be the
  focus of the facility.
• The facility which is expected to be operational by December
  2016 is in addition to the already existing two assembly units located in
  Bengaluru and Noida.
• At present, the New Delhi based company is India’s fourth
  largest smart phone player with an annual turnover of 4300 crore rupees during
  the financial year 2014-15.

• The National Dairy Development Board and DD Kisan on Tuesday
  launched a partnership to create meaningful content for the farm and dairy
  sector on Tuesday.
• This partnership, signed at NDDB headquarters here, would
  take the dairy and farm sector to new heights, according to a release.
• A Memorandum of Understanding to this effect was signed for
  dissemination of up-to-date technical know-hows to the farmers, improve their
  livelihood and income by enhancing their knowledge and information on various
  technical issues related to farming in broader sense.
• T Nanda Kumar, Chairman, NDDB said that this association
  will benefit millions of dairy farmers across India. The content will be based
  on ground realities, actual problems and issues faced by the farmers. He
  assured knowledge, information and facilitation support to DD Kisan.
• Addressing the farmers, Dr A Surya Prakash, Chairman, Prasar
  Bharati, conveyed that the joint effort will offer an effective platform to
  project success stories on progressive farmers. He said that this collaboration
  will enhance livelihood and income of the farming community.

• Prolific striker Sunil Chhetri on Tuesday became the first
  Indian footballer to score 50 international goals during his team’s 2018 World
  Cup qualifying match against Guam.
• Chhetri’s feat, though, came in a losing cause, as India
  suffered their second successive defeat in the preliminary joint qualification
  second round.
• Former captain Bhaichung Bhutia stays at the second spot
  with 42 goals in 107 matches while IM Vijayan has 40 goals from 79 games. This
  meanwhile, was Chhetri’s 87th match.
• After Guam took a two-goal lead by scoring in each half, Chhetri
  reduced the margin for the visitors in added time, heading in a cross from the
  right.
• For the record, it was Chhetri who scored India’s all the
  goals in the team’s four joint preliminary round 2018 World Cup qualifying
  games so far.

• Spaniard Rafael Nadal on 14 June 2015 won the singles final
  of the ATP’s Stuttgart Open. In the final match in Germany, Nadal defeated Serbian
  Viktor Troicki 7-6, 6-3.
• It was Rafael Nadal’s third Stuttgart Men’s single title;
  the previous two were won in 2005 and 2007 respectively. With this victory he
  also became first tennis player to win titles at the event on both clay and
  grass surface.
• Stuttgart made the switch to grass starting with this
  edition as part of the new Wimbledon pre-season.
• Apart from this, India’s tennis player Rohan Bopanna along
  with his Romanian partner Florin Mergea won the Stuttgart Men’s Double Open
  title 2015. The Indo-Romanian pair defeated Austrian-Brazilian pair of
  Alexander Peya and Bruno Soares 5-7, 6-2, 10-7. This was fourth title for
  Bopanna.

• Indian off-spin cricketer Harbhajan Singh on 14 July 2015
  became the ninth all-time highest Test wicket-takers by claiming 416 wickets in
  102 matches.
• In this process, he surpassed Pakistani legend Wasim Akram
  who stood at the ninth position with 414 wickets in 104 matches. He achieved the
  landmark quicker than Akram.
• Now, Harbhajan nicknamed as Turbanator is just 20 wickets
  short of equalling Kapil Dev’s 434 Test wickets record, the second highest
  wicket-taker in history of Indian Test Cricket after Anil Kumble’s 619 wickets.

• Prime Minister Narendra Modi on 15 June 2015 launched a book
  titled Education of Muslims: An Islamic Perspective of Knowledge and Education
  – Indian Context edited by Professor JS Rajput.
• The book is aimed at informing and educating policy-makers,
  scholars and readers about role of Islam in pursuit of education and knowledge.
• The book contains 16 articles written by various scholars
  and historians including JS Rajput on wide ranging issues related to
  understanding of Islam religion, role of Islam and its educational institutions
  (madrasas) in dissemination of knowledge and educational status of Muslim
  children in India among others.

• A book on Prime Minister Narendra Modi titled Modi
  –Incredible emergence of a star written in Chinese language by Tarun Vijay was
  in news on 16 June 2015 as one copy of the book was given to Vice-President M
  Hamid Ansari. Tarun Vijay is a BJP Member of Parliament and a journalist.
• The book was published in July 2014 by Sichuan University’s
  South Asia Study Centre.
• The book is a biography based on the life and economic
  vision of Narendra Modi.

• The United Nations General Assembly (UNGA) on 15 June 2015
  elected Denmark’s Mogens Lykketoft as its President for its upcoming 70th
  session in September 2015.
• He will have tenure of one year and succeeds Uganda’s Sam
  Kutesa to preside over the 193-member body.
• Lykketoft presently is the speaker of Danish Parliament
  since 2011 and is a member of the Social Democrats party.
• Earlier from 1993 to 2001, Lykketoft served Denmark as its
  Foreign and Finance Ministers.

Regards

Team ExamPundit

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