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Here is the Daily GK Update to get you acquainted with the top events that made the headlines today!
1. Maldives to confer its highest award ‘Nishan Izzuddin’ on PM Modi
i. Maldives will confer ‘Nishan Izzuddin’ award on Prime Minister Narendra Modi. It is the highest award to honour foreign nationals.
ii. Prime Minister Narendra Modi will arrive in Male on the first leg of his two-nation tour to the Maldives and Sri Lanka. This will also be the first bilateral visit to the Maldives of an Indian Prime Minister after 2011.
Daily Current Affairs For IBPS Clerk Exam 2019:
- Male is the capital of Maldives.
- The Maldivian rufiyaa is the currency of the Maldives.
- Ibrahim Mohamed Solih is the current President of the Maldives.
2. Piyush Goyal leads Indian delegation to G20 Ministerial meeting in Japan
i. Commerce and Industry Minister Piyush Goyal is leading the Indian delegation for the two-day G20 Ministerial meeting on Trade and Digital Economy beginning at Tsukuba city in Japan. Mr. Goyal will discuss developments in the global trade situation, WTO matters, and digital trade. He will also hold dialogue with other participating Trade Ministers on current international trade and investments.
ii. The G-20 Trade Ministers deliberations will form part of the G-20 Summit Leaders agenda in the formal discussions and will also be a part of the Summit Declaration.
3. Forex reserves swell by $1.8 bn to $421.8 bn
i. The country’s foreign exchange reserves increased by USD 1.875 billion to USD 421.867 billion in the week ending 31st May 2019.
ii. Reserve Bank weekly data released showed that foreign currency assets, which is a major component of the overall reserves, rose by USD 1.946 billion to USD 394.134 billion.
4. RBI imposes Rs 2 crore penalty on Kotak Mahindra Bank
i. The RBI has slapped a penalty of Rs. 2 crores on Kotak Mahindra Bank for the non-state lender’s failure to adhere to the regulator’s diktat on promoter shareholding.
ii. The central bank has been engaged in a dispute with Kotak Mahindra since 2014 over its failure to meet the milestone for stake reduction by Uday Kotak, the billionaire promoter of the bank.
5. Jammu and Kashmir govt appoints RK Chibber as interim chief of J&K Bank
i. The Jammu and Kashmir government has removed J&K Bank Chairman Parvez Ahmad and appointed RK Chibber as interim chairman of the lender. Parvez Ahmad, Chairman cum Managing Director, shall cease to be Director on the Board of Directors of the Bank and consequently be no longer the Chairman cum Managing Director of the board.
6. World Oceans Day: 8th June
i. World Oceans Day takes place every 8 June. We celebrate World Oceans Day to remind everyone of the major role the oceans have in everyday life. They are the lungs of our planet, providing most of the oxygen we breathe. The theme of World Oceans Day 2019 is ‘Gender and the Ocean’.
7. French Open: Ashleigh Barty clinches her first Grand Slam singles title
i. In French Open Tennis, Australian Ashleigh Barty won her first Grand Slam singles title after easing past Czech teenager Marketa Vondrousova in straight sets in the women’s final.
ii. In the women’s final, No. 8 seed Barty outclassed Vondrousova 6-1, 6-3 in one hour and 10 minutes.
8. Japan defeat Mexico by goal margin of 3-1 won FIH Hockey Series
i. In the International Hockey Federation (FIH) Men’s Hockey Series Finals match played at Kalinga Stadium in Bhubaneswar, Japan defeated Mexico by a goal margin of 3-1.