Daily Current Affairs (Beepedia) 22th June 2024

RBI, Banking and Economy

1. Karnataka Vikas Grameena Bank (KVGB) Awarded:
• KVGB received a national award from the Pension Fund Regulatory and Development Authority (PFRDA) for significant enrolment under the Atal Pension Yojana (APY).
2. GST Rate Rationalisation Panel Reconstituted:
• Bihar Deputy Chief Minister Samrat Chaudhary appointed as the convenor.
• Other members include finance ministers from Uttar Pradesh, Goa, Rajasthan, West Bengal, Karnataka, and Kerala.
• Tasked with suggesting rate rationalisation and correction of the inverted duty structure to simplify GST rate structure.
3. Formalisation of India's Economy:
• Rs 26 trillion formalised between FY16 and FY23, reducing the informal economy's share from 25.9% to 23.7%.
• Informal agriculture's share in total GVA rose to 95.9% in FY23.
4. IRDAI Guidelines on Ulips:
• The Insurance Regulatory and Development Authority of India (IRDAI) directed life insurers not to advertise unit-linked insurance plans (Ulips) as investment products.
5. Zepto Funding:
• Quick-commerce firm Zepto raised $665 million, doubling its valuation to $3.6 billion.

National

1. DGCA Advisory on Gender Equality:
• Aimed at increasing women's representation in civil aviation to 25% by 2025, including leadership and mentorship programs and policies to eliminate workplace biases.
2. NHAI MoU with IIIT Delhi:
• Signed an MoU to enhance road safety using Artificial Intelligence, focusing on road signages along national highways.
3. New Major Port in Maharashtra:
• Approval for the construction of a major port at Vadhavan, Dahanu taluka, to boost foreign trade and local economy.

International

1. Global Energy Transition Index:
• India ranked 63rd out of 120 countries, improving from 67th position last year.
• Sweden topped the Index, with European nations dominating the top ranks.

Reports and Indexes

1. Global Energy Transition Index:
• Released by the World Economic Forum (WEF), with India at 63rd place.

Appointments

1. Manoj Jain as Chairman of BEL:
• Manoj Jain appointed Chairman and Managing Director of Bharat Electronics Limited.
2. Bhartruhari Mahtab as Pro-Tem Speaker:
• Seven-term Lok Sabha member Bhartruhari Mahtab appointed as Pro-Tem Speaker of the Lok Sabha.

Important Days

1. World Hydrography Day (21st June):
• Theme: "Hydrographic Information – Enhancing Safety, Efficiency and Sustainability in Marine Activities."

Sports

1. Ankita Raina's Victory:
• Ankita Raina entered the quarterfinals of the €100,000 WTA tournament in Gaiba, Italy, by defeating Lizette Cabrera.