Saturday, 2 July 2016

June 2016 Current Affairs Summary (Refresher)

Dear mm expert readers. Today we are posting June 2016 Current Affairs Summary (Refresher) important current affairs for upcoming bank jobs 2016-2017. You know that current affairs is much more scoring section in exam preparation. So, These notes are very useful for SSC CGL, SBI bank exams as well as all govt jobs and recruitment competitive exams.
  • Axis Bank launches India’s first certified green bond at London Stock Exchange
Axis Bank has launched India’s first internationally-listed certified green bond to finance climate
change solutions around the world at London Stock Exchange (LSE). 

  • Umang Bedi to join Facebook as India MD

Social networking giant Facebook today said it has appointed former Adobe executive Umang Bedi
as managing director of its India operations.

  • Bihar CM Nitish Kumar launches Right to Public Grievance Redressal Act

1. Bihar Chief Minister Nitish Kumar has launched Right to Public Grievance Redressal Act.

2. The act seeks disposal of peoples' complaints or redressal of grievances from Government officials
within 60-days.

  • RBI’s second bi-monthly monetary policy 2016-17 highlights

1. Repo rate unchanged at 6.50 per cent, Reverse Repo at 6% * Cash reserve ratio or CRR unchanged
at 4%.Monetary policy to remain accommodative
2. Pegs growth forecast at 7.6% for the current fiscal
3. Inflation target kept unchanged at 5% for January 2017 with upward bias
4. Impact of firming crude oil prices, implementation of 7th Pay Commission recommendations need
to be watched,Interest rate transmission critical for growth revival
5.Third bi-monthly monetary policy on August 9

  • Himachal Pradesh becomes first state to launch green-concept based State Data Centre

Himachal Pradesh became the first state in the country to have a State Data Centre (SDC), designed
using green data centre concept to minimize power requirement and increase power utilization
efficiency. It was launched by the Chief Minister Virbhadra Singh in Shimla. 

  • Microsoft agrees to buy LinkedIn for $26.2 billion

1.Microsoft Corp agreed to buy LinkedIn Corp for $26.2 billion in cash, the companies said in a
statement on Monday.

2. The offer of $196 per share represents a premium of 49.5 percent to LinkedIn's Friday closing
price.“Today is a re-founding moment for LinkedIn,” Reid Hoffman, chairman of LinkedIn's board,
said in a statement. Jeff Weiner will remain chief executive of LinkedIn, reporting to Microsoft CEO
Satya Nadella. The deal is expected to close in 2016.

  • Cabinet approves SBI takeover of units

1. A cabinet chaired by Prime Minister Narendra Modi has approved the takeover by State Bank of
India (SBI) of several subsidiaries.

2. The merged entity will create a banking giant, which can compete with the largest in the world
with an asset base of almost Rs 37 lakh crore, with 22,500 branches and 58,000 ATMs as on
December 2015. SBI alone has close to 16,500 branches, including 198 foreign offices spread across
36 countries.

  • International Yoga Day 2016

1. Prime Minister Narendra Modi will do Yoga on June 21 at Capitol Complex, Chandigargh. He is
happy to have been picked for the mega event.

2. A total of 30,000 participants —10,000 each from Chandigarh, Punjab and Haryana — will
participate in the event. While the main event will be held at Capitol Complex, city residents will do
yoga at a total of 180 centres across the city. Patanjali is known as the ‘father of Yoga’. He is the
author for scriptures on yoga, known as ‘The Yoga Sutras’.

3. Theme or slogan of International Yoga Day 2016 is not yet declared by the authority. We will
update in this same article about Yoga 2016 theme.

  • ISRO launch Successfully 20 satellites

1. Gearing up for the mission to launch 20 satellites in a single rocket, the Indian Space Research
Organisation (ISRO) day commenced the 48-hour countdown for the launch of PSLV C-34 rocket. It
will lift off from the Satish Dhawan Space Centre at Sriharikota at 9.25 a.m. on June 22.

2. Apart from a Cartosat-2 series satellite, the rocket will also launch LAPAN-A3 (Indonesia), BIROS (Germany), M3MSat (Canada), SkySat Gen2-1 (U.S.), GHGSat-D (Canada), 12 Dove Satellites (U.S.), Sathyabamasat (Sathyabama University, Chennai) and Swayam satellites (College of Engineering, Pune). The 725.5-kg Cartosat-2 series satellite will enhance Earth observation.

  • Google launches Gboard for iPhone users in India

Online search engine giant Google launched a new keyboard app called ‘Gboard’ for Apple iOS users
in India. The app lets users search and send information, GIFs, emojis and more — right from their

  • Andhra Postal circle releases stamps on Yoga booklet

1. To commemorate the International Day of Yoga, Andhra Pradesh Postal circle have organized the
programme of releasing the booklet for public and stamps on yoga for Philatelists.

2. The booklet contained illustrations and description of 24 yoga asana (postures) while 12 stamps
on Suryanamaskarams were released.

3. Director of Postal Services K Soma Sundaram stated that the department of posts released the
booklet to encourage customers and employees to take to yoga. He said the special stamps are
limited edition collection which will interest philatelists.

  • PM releases book titled “The Birds of Banni Grassland”

1. Prime Minister Narendra Modi has released a book titled “The Birds of Banni Grassland” in New
Delhi. The Book is a compilation of the research work, relating to more than 250 species of birds
found in the Banni area of Kutch, Gujarat.

2. The book was presented to the Prime Minister by the Scientists of Gujarat Institute of Desert
Ecology. The Gujarat Institute of Desert Ecology, located at Bhuj, has been studying the plant, bird
and marine life in the Rann of Kutch for over 15 years.

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