Current Affairs Update – 4th June, 2015

Hello and welcome to ExamPundit. Here are the Important Current Affairs of 4th June, 2015. These are important for upcoming SBI PO 2015 Mains.

• The World Bank has extended $400 million loan for Tamil Nadu
  Sustainable Urban Development Project.
• The loan and project agreements for the IBRD assistance were
  signed between the Central Government, Government of Tamil Nadu and the World
  Bank here on Thursday.
• The objective of the project is to improve urban services in
  participating Urban Local Bodies (ULBs) in a financially sustainable manner and
  to pilot improved urban management practices in selected cities.
• The total project size is $600 million, out of which the
  World Bank’s support is $400 million.

• India and Belarus on 3 June 2015 inked six agreements to
  boost ties and relationship based on friendship and mutual benefit. The
  agreements were inked in presence of President Pranab Mukherjee, who is on a
  two-day state visit to Belarus, viz., from 3 June – 4 June 2015.
• The two-day visit to Belarus is part of Mukherjee’s five-day
  visit to Belarus and Sweden that started on 31 May 2015.

• Agreement on roadmap for India-Belarus Cooperation
• Agreement on Protocol amending the agreement between the
  India and Belarus for the Avoidance of Double Taxation and the Prevention of
  Fiscal Evasion with respect to Taxes on Income and on Property (Capital) of the
  27 September 1997
• MoU on Cooperation in the field of Standardization and
  Information Support signed between Bureau of Indian Standards (BIS) and the
  State Committee for Standardization, Belarus
• MoU for cooperation on Broadcasting between Prasar Bharati
  (PB) and the National State Television and Radio Company, Belarus
  (Belteleradiocompany)
• MoU on Bilateral Cooperation between the Securities and
  Exchange Board of India (SEBI) and the Ministry of Finance, Belarus
• MoU for Manufacturing and Marketing of Light Industry Goods
  (concern “Bellegprom”) between the Ministry of Textiles of India and the
  Belarusian State concern.

• Delhi Metro today received its first driver-less train,
  equipped with several advanced features, from a Korea-based manufacturer, which
  will ply on sections of Phase-III of the network, set to be operational by next
  year end.
• The six-coach train that was ferried to India by sea,
  arrived at Gujarat’s Mundhra port and was brought by road to Delhi on
  specially-made trailers.
• A total of 20 such train sets of Hyundai Rotem will be
  manufactured in South Korea’s Changwan by the end of this year while the
  remaining 61 are being manufactured at the Bharat Earth Movers Limited (BEML)
  plant in Bengaluru, the DMRC said.
• They would run on the over 58 km-long Majlish Park-Shiv
  Vihar (Line 7) and the over 38 km-long Janakpuri (West)- Botanical Garden (Line
  8) corridors of the Phase-III, and both these sections are expected to be operational
  by the end of 2016.
• These new trains of Delhi Metro have undergone significant
  technological as well as eco-friendly upgrades and many additional features
  have been added to increase passenger comfort.

• Snapdeal, an online marketplace and gojavas, a supply-chain
  company, today announced the launch of an industry first service for customers
  – ‘90 minutes reverse pick-ups’.
• With this, Snapdeal customers wishing to return/replace
  their online orders will be reached within 90 minutes of intimation. The
  facility, which is currently live in 15 cities, will enable hassle-free returns
  as well as refunds.
• The 90-minute reverse pick-up facility is a continuing
  collaborative effort to design insightful logistics solutions that strengthen
  their supply chain infrastructure.

• The Reserve Bank of India (RBI) has appointed Meena
  Hemchandra as the executive director who would be in charge of department of
  banking supervision. She will also be in charge of department of non-banking
  supervision and department of co-operative banking supervision.
• RBI’s executive director Chandan Sinha, who was incharge of
  these departments will now be in charge of department of information
  technology, department of payment and settlement system, foreign exchange
  department and financial markets regulations departments- including market
  intelligence.
• The appointment of Meena Hemchandra comes as a vacancy for
  the post was created after G Padmanabhan retired on May 31 this year. RBI has
  11 executive director in charge of various departments.

• Signalling its growing concern over IS terror and
  radicalisation, the government has appointed the former Intelligence Bureau
  Chief Asif Ibrahim to a key post in the Prime Minister’s office.
• Mr. Ibrahim, who retired in December 2014, will be the PM’s
  ‘Special Envoy on Countering Terrorism and Extremism,’ with a charter to liaise
  with governments in West Asia.
• Mr. Ibrahim will be well versed with setting up channels for
  the exchange of intelligence and information on terror groups, but will face
  challenges when it comes to the engagement with governments in situations as
  diverse as the Gulf, Af-Pak region and south-east Asian Islamic countries.

• India today rose six places to occupy the 141st position in
  the latest world football rankings issued by the game’s governing body FIFA.
• India, who were placed 147th previously, are lying at the
  22nd spot among the Asian countries.
• Iran (41) are the top-ranked Asian team in the latest FIFA
  rankings, followed by Japan (52) and South Korea (58).
• World champions Germany has managed to hold on to the top
  spot ahead while, at No. 2, Belgium reached their highest position since the
  launch of FIFA rankings.
• World Cup runners-up Argentina are placed third, while
  five-time world champions Brazil are fifth, a spot below Colombia.
• Brazil are followed by the Netherlands (6), Portugal (7),
  Uruguay (8), France (9) and 2010 World Cup champions Spain (10).

• Machettira Raju Poovamma and Liksy Joseph won silver each as
  India added four medals on the second day of the 21st Asian Athletics
  Championships on Thursday.
• Poovamma, who had also won silver in the last edition in
  2013, clocked 53.07 seconds in women’s 400m finals to finish second behind
  China’s Yang Huizhen (52.37) and was followed by Anastasiya Kudinova (53.41) of
  Kazakhstan.
• Joseph, who was trailing at sixth place at the end of opening
  day on Wednesday, cleared 6.19m in long jump on Thursday to move up to third
  place. Although she could not do well in javelin throw, Liksy won the 800m
  race, the last of her seven events, with a time of 2:13.44 and that brought her
  the silver medal with personal best of 5,554 points.
• Teammate and former Asian junior champion Purnima Hembram
  got bronze with 5511 points.
• G. Lakshmanan got a bronze medal in a hard fought men’s
  5000m race with a personal best of 13:36.62. Lakshmanan, employed with Indian Army,
  improved his previous best by almost 14 seconds.
• The women’s sprint relay quartet of Dutee Chand, Srabani
  Nanda, G.M. Padmini and Sini Sahadevan missed a medal by finishing fourth with
  a time of 45.72 seconds.
• The men’s 4x100m relay team finished sixth in 39.67 seconds
  and Manikanda Arumugam, who was controversially included in the relay squad,
  did not run the race.

• An Indian social entrepreneur and philanthropist has been
  conferred the prestigious USD 1 million ‘Isa Award for Service to Humanity’ by
  Bahrain’s King, recognising his efforts to eradicate poverty, hunger and
  illiteracy in India.
• Prof Achyuta Samanta, founder and director of Odisha-based
  Kalinga Institute of Social Sciences, was given the award by King Hamad bin Isa
  Al Khalifa yesterday.
• Presenting the award, also carrying a gold medal and a
  certificate of merit, the King appreciated the efforts of Samanta, 50.

Regards

Team ExamPundit

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