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 Smartkeeda presents
Full-Length Current Affairs MockDrill Series

June 2024
Daily CA PDF 4
(PDF in English)

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 INDEX
National & States Affairs ……………………………………………………………………………………….. 5
International Affairs …………………………………………………………………………………………….. 6
Banking, Finance, Insurance & Economic Affairs …………………………………………………….. 6
Sports & Games ……………………………………………………………………………………………………. 8
Science & Technology ……………………………………………………………………………………………. 8
Appointments & Resignations ……………………………………………………………………………….. 8
Meetings, Conferences and Summits …………………………………………………………………….. 9
Ranks, Reports & Surveys ……………………………………………………………………………………… 9

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 National & States Affairs
1. Coal India Limited (CIL) and Bharat Heavy Electricals Limited (BHEL) have incorporated a joint venture company, Bharat
Coal Gasification & Chemicals Limited (BCGCL), which marks the foray of these two PSUs into coal-to-chemical business. It
is a subsidiary of Coal India Limited (CIL) in which CIL holds 51% and BHEL holds 49% equity. BCGCL has floated a tender
document for selection of LSTK-2 contractor for ‘Coal to Ammonium Nitrate’ Project at Odisha. This will be the first
commercial Coal gasification plant that showcase the indigenous coal gasification technology developed by BHEL. The
project is expected to be the first to qualify for the benefit of Rs 1350 crore under Category-1. {Read more}
Smart Points:
• CIL (51%) + BHEL (49%) = formed a JV, “Bharat Coal Gasification & Chemicals Limited (BCGCL)”
• BCGCL – floated a tender document for selection of LSTK-2 contractor for ‘Coal to Ammonium Nitrate’ Project at Odisha
• It will be first commercial Coal gasification plant to showcase indigenous coal gasification technology developed by BHEL
• HQs of CIL – Kolkata, West Bengal | CMD – P. M. Prasad
• HQs of BHEL – New Delhi | Chairman & MD – Koppu Sadashiv Murthy

2. Department of School Education & Literacy (DoSEL), under Ministry of Education,

has launched an “Implementation Manual of Tobacco Free Educational Institutions
(ToFEI)” in collaboration with Socio Economic and Educational Development Society
(SEEDS). The newly launched manual has been designed in line with the theme of
World No Tobacco Day 2024, “Protecting children from tobacco industry
interference”. The manual aims to assist schools in adhering to the ToFEI guidelines
issued by the Ministry of Health and Family Welfare, thereby creating a healthier,
tobacco-free environment for students. As per the Global Youth Tobacco Survey (GYTS), 2019, 8.5% of students in the age
group of 13 to 15 consume tobacco. This initiative will empower all the stakeholders to adopt and enforce guidelines that
protect students from the dangers of tobacco. {Read more}
Smart Points:
• DoSEL + SEEDS = launched an “Implementation Manual of Tobacco Free Educational Institutions (ToFEI)”
• Designed with theme of World No Tobacco Day 2024 – “Protecting children from tobacco industry interference”
• Aim: To assist schools in adhering to MoH&FW’s ToFEI guidelines & creating tobacco-free environment for students
• As per ‘Global Youth Tobacco Survey (GYTS), 2019’: 8.5% of students consume tobacco (in age group of 13-15 years)
• Minister of Education: Dharmendra Pradhan | Constituency – Madhya Pradesh
MoS in Ministry of Education: Subhas Sarkar

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 International Affairs
3. United Nations Development Programme (UNDP) and the Global Environment Facility (GEF) launched a new $135 million
Blue and Green Islands Integrated Programme (BGI-IP) during the 4th International Conference on Small Island Developing
States (SIDS4) in St John’s, Antigua and Barbuda. This initiative aims to emphasize the crucial role of nature and expand
nature-based solutions to combat environmental degradation in three key sectors: urban development, food production,
and tourism. Targeting 15 SIDS, the program seeks to foster nature-positive changes. Managed by the UNDP and funded by
the GEF and partners, this effort represents a new wave of support for SIDS as they embark on the Decade of Action from
2024 to 2034. Selected through the “Expressions of Interest” process, the 15 SIDS, out of 39 in total, are: Belize, Cape Verde,
Comoros, Cuba, Maldives, Mauritius, Micronesia, Palau, Papua New Guinea, Saint Lucia, Samoa, Seychelles, Timor Leste,
Trinidad & Tobago, and Vanuatu. {Read more}
Smart Points:
• 4th International Conference on Small Island Developing States (SIDS4) – held in St John’s, Antigua & Barbuda
• UNDP + GEF = launched a new $135 million Blue & Green Islands Integrated Programme (BGI-IP)
• Aim: To combat environmental degradation in 3 key sectors: Urban Development, Food Production & Tourism
• The Programme seeks to foster nature-positive changes, targeting 15 SIDS
• 15 SIDS (out of 39) are: Belize, Cape Verde, Comoros, Cuba, Maldives, Mauritius, Micronesia, Palau, Papua New Guinea,
Saint Lucia, Samoa, Seychelles, Timor Leste, Trinidad & Tobago, and Vanuatu
• HQs of UNDP – New York, US | Administrator – Achim Steiner | Founded in – 1965
• HQs of GEF – Washington, US | CEO and Chairperson – Carlos Manuel Rodriguez

Banking, Finance, Insurance & Economic Affairs

4. India received the highest foreign direct investment (FDI) from Singapore in
2023-24, according to the latest government data released by Department for
Promotion of Industry and Internal Trade (DPIIT). FDI from Singapore has dipped
by 31.55% to $11.77 billion in 2023-24. Since 2018-19, Singapore has been the
largest source of such investments for India. FDI equity inflows in India declined
3.49% to $44.42 billion in FY 2023-24, as against $46.03 billion in FY 2022-23.
During FY24, FDI equity inflows decreased from major countries, however, investments increased from the Netherlands and
Japan. FDI from Mauritius dipped to $7.97 billion in FY24, followed by the US with $4.99 billion at the third place. It was
followed by the Netherlands ($4.93 billion), Japan ($3.17 billion), the UAE ($2.9 billion), U.K. ($1.2 billion), Cyprus ($806
million), Germany ($505 million), and Cayman Islands ($342 million). {Read more}
Smart Points:
• As per the data released by DPIIT:
• India – received highest FDI from Singapore in FY24 & it dipped by 31.55% to $11.77 billion
- 2nd – Mauritius ($7.97 bn) | 3rd – US ($4.99 bn) | 4th – Netherlands ($4.93 bn) | 5th Japan ($3.17 bn)
• Overall FDI equity inflows in India in FY24 – declined by 3.49% to $44.42 billion (from $46.03 billion in FY23)
• In FY24, investments increased only from Netherlands & Japan

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5. Securities and Exchange Board of India (SEBI) has set up a committee to review the ownership and economic structure of
Clearing Corporations and suggest measures to ensure that Clearing Corporations function as resilient, independent, and
neutral risk managers. The ad-hoc committee would be chaired by Usha Thorat, former Deputy Governor of the Reserve
Bank of India (RBI). The committee will examine the feasibility, and broadening the list of eligible investors, who are allowed
to take shareholding in a clearing corporation and suggest categories of investors who can acquire stakes in such
corporations. Additionally, it will examine the need to alter the caps on the shareholding of various entities in a clearing
corporation. {Read more}
Smart Points:
• SEBI – set up a committee to review the ownership & economic structure of Clearing Corporations
• The ad-hoc committee would be chaired by – Usha Thorat (Former Deputy Governor of RBI)
• HQs of SEBI – Mumbai, Maharashtra | Chairman – Madhabi Puri Buch | Established in – 1992

6. Adani One, the digital platform of the Adani Group, and ICICI Bank have announced the launch of two
variants of co-branded credit cards in collaboration with card network Visa. This marks the Adani
Group’s foray into the retail financial sector. It is available in two variants - Adani One ICICI Bank
Signature Credit Card and Adani One ICICI Bank Platinum Credit Card. Cardholders can get up to 7%
Adani reward points on spends within the Adani Group ecosystem. {Read more}
Smart Points:
• Adani One + ICICI Bank + Visa = announced launch of two variants of co-branded credit cards
- ‘Adani One ICICI Bank Signature Credit Card’ & ‘Adani One ICICI Bank Platinum Credit Card’
• HQs of ICICI Bank – Mumbai | MD & CEO – Sandeep Bakhshi | Taglines – “Hum Hain Na!” & “Khayal Apka”
• HQs of Adani Group – Ahmedabad, Gujarat | Chairman – Gautam Adani | MD – Rajesh Adani
• HQs of Visa – Foster City, California | CEO – Ryan McInerney | Founded in – 1958

7. The State Bank of India (SBI) had become the 1st Public Sector Bank and the 7th Indian company to cross the Rs 8 trillion
market capitalisation (m-cap). HDFC Bank and ICICI Bank are the only other banks with m-cap of over Rs 8 trillion. At present,
six Indian companies are valued over Rs 8 trillion. Apart from SBI, Reliance Industries, TCS, HDFC Bank, Bharti Airtel, and
ICICI Bank are in the Rs 8 trillion league. Infosys had crossed Rs 8 trillion milestone, but is now valued at Rs 5.8 trillion. {Read
more}
Smart Points:
• SBI – became 1st Public Sector Bank & 7th Indian company to cross Rs 8 trillion market capitalisation (m-cap)
- Other 6 – Reliance Industries, TCS, HDFC Bank, Bharti Airtel & ICICI Bank | Infosys (excluded at present)
• HQs of SBI – Mumbai, Maharashtra | Chairman – Dinesh Kumar Khara
MDs – Challa Sreenivasulu Setty | Alok Kumar Choudhary | Ashwini Kumar Tewari | Vinay M. Tonse

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 Sports & Games
8. Spanish football club Real Madrid defeated the German football club Borussia Dortmund in
the “Champions League” final at Wembley, England, to win the 2023-24 UEFA Champions
League for the 15th time. It was also a record-extending 5th success as a coach for Carlo Ancelotti,
who also won the trophy twice as a player with AC Milan. Spanish teams have been the most
successful in the tournament, having won it 20 times. {Read more}
Smart Points:
• Real Madrid FC (Spain) – won “UEFA Champions League 2023-24” for 15th time (defeating - Borussia Dortmund FC)
• Most successful team of “Champions League” – Spanish teams (20 times)

Science & Technology

9. South Korea has officially launched its space agency, called the “KASA (Korea AeroSpace Administration)”. South Korea
plans to make a Mars landing by 2045 and spend 100 trillion won ($72.6 billion) until then on space exploration. South Korea
became the 7th country to own an indigenous space launch vehicle and satellite development technology with the launch of
‘Nuri’ rocket in May, 2023. South Korea plans at least three more space launches by 2027 and has plans to launch military
satellites. {Read more}
Smart Points:
• South Korea – officially launched its space agency, called the “KASA (Korea AeroSpace Administration)”
• South Korea plans to make a Mars landing by 2045 & spend 100 trillion won ($72.6 billion) until then
• South Korea became the 7th country to own an indigenous space launch vehicle, with the launch of ‘Nuri’ rocket in 2023
• South Korea plans at least 3 more space launches by 2027
• South Korea – Seoul – Korean Republic won | President – Yoon Suk-yeol

Appointments & Resignations

10. Chandrashekhar Gaurinath Karhadkar has assumed office as the new Director of the Indira Gandhi
Centre for Atomic Research (IGCAR), Kalpakkam, Tamil Nadu. He succeeds B. Venkatraman, who retired
recently. Mr Chandrashekhar has served as the Director, Reactor Group, Bhabha Atomic Research Centre
(BARC), Mumbai. He also worked extensively for improving fuel performance of the Dhruva reactor. {Read
more}
Smart Points:
• Chandrashekhar Gaurinath Karhadkar – appointed as new Director of IGCAR (succeeding - B. Venkatraman)
• He served as – Director of Reactor Group, Bhabha Atomic Research Centre (BARC), Mumbai
• HQs of IGCAR – Kalpakkam, Tamil Nadu | Director – Chandrashekhar Gaurinath Karhadkar | Founded in – 1971

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 Meetings, Conferences and Summits
11. After a gap of 42 years, India will host the 81st “Annual General Meeting (AGM) of the
International Air Transport Association (IATA)” in 2025, the world’s most premier aviation
event. This will be the 3rd time the IATA AGM, considered one of the most significant events in
the aviation industry’s calendar, will be convened in Delhi, after 1958 and 1983. IndiGo, India’s
largest airline by market share, will be the host airline of the AGM and the World Air Transport
Summit, which will take place in Delhi between June 8 and 10, 2025. About 330 airlines,
comprising more than 80% of global air traffic, are members of IATA. The decision to host the
81st IATA AGM in India was made at the 80th IATA AGM, which was recently held in Dubai, UAE.
Currently, India ranks 5th in terms of flights handled per week, with 29,998 flights. The US tops with 1,99,469 flights, followed
by China, UK & Spain. {Read more}
Smart Points:
• India – to host 81st “Annual General Meeting (AGM) of the International Air Transport Association (IATA)” in 2025
• India will host this event for 3rd time (after 1958 & 1983)
• IndiGo – host airline of AGM & World Air Transport Summit, to be held in Delhi from Jun 8-10, 2025
• 80th IATA AGM – held in Dubai, UAE
• In terms of flights handled per week: India – 5th (29,998 flights) | 1st – US | 2nd – China | 3rd – UK | 4th – Spain
• HQs of IATA – Montreal, Canada | DG – Willie Walsh

Ranks, Reports & Surveys

12. According to the “Global Food Policy Report 2024: Food Systems
for Healthy Diets and Nutrition” released by International Food Policy
Research Institute (IFPRI), 16.6% of India’s population suffers from
malnutrition, as a result of poor diet. At least 38% of the Indian
population ate unhealthy foods, while only 28% ate all 5
recommended food groups, i.e., starchy staple food, vegetable, fruit,
pulse, nut or seed, and animal-source food. In India, the proportion of
the population suffering from malnutrition increased from 15.4% in 2011 to 16.6% by 2021. Co-authored by 41 researchers
representing IFPRI and several partner organisations, the report called for urgent and concerted efforts to transform global
food systems to ensure equitable access to sustainable, healthy diets for everyone. {Read more}
Smart Points:
• “Global Food Policy Report 2024: Food Systems for Healthy Diets and Nutrition” – released by IFPRI (US)
• 16.6% of India’s population suffers from malnutrition, as a result of poor diet
- 38% – ate unhealthy foods | 28% – ate all 5 recommended food groups
- Proportion of population suffering from malnutrition – increased to 16.6% by 2021 (from 15.4% in 2011)
• 5 recommended food groups – Starchy Staple Food, Vegetable, Fruit, Pulse, Nut Or Seed & Animal-source Food
• Some of the key information related to this report is also given below:

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13. Netherlands has emerged as India’s 3rd largest export destination after the US and UAE during 2023-24, according to the
Commerce Ministry data. Netherlands has taken over major destinations such as the UK, Hong Kong, Bangladesh and
Germany. India’s exports to the Netherlands rose by about 3.5% to $22.36 billion in 2023-24. Overall exports reached $778.2
billion in 2023-24, as compared to $776.4 billion in 2022-23. Netherlands is among the top trading partners of India in
Europe, after Germany, Switzerland, the U.K. and Belgium. India and the Netherlands established diplomatic relations in
1947. {Read more}
Smart Points:
• Netherlands ($22.36 billion) – emerged as India’s 3rd largest export destination after the US & UAE during 2023-24
• Overall exports reached $778.2 billion in 2023-24 (from $776.4 billion in 2022-23)
• Netherlands – among top trading partners of India in Europe (after Germany, Switzerland, UK & Belgium)
• Netherlands – Amsterdam – Euro | PM – Mark Rutte

❖ Other Miscellaneous News & Current Static GK:

• June 4 — International Day of Innocent Children Victims of Aggression
• Manjira Wildlife Sanctuary – Telangana
• Vallanadu Black Buck Sanctuary – Tamil Nadu
• Bondla Wildlife Sanctuary – Goa
• Anshi National Park – Karnataka
• Changu Lake – Sikkim
• 1st Kavango-Zambezi (KAZA) Trans-Frontier Conservation Area (TFCA) Summit – Zambia

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 A GLIMPSE OF SOME GENUINE TESTIMONIALS

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 A GLIMPSE OF SOME GENUINE TESTIMONIALS

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ippines – Manila – Peso | President – Ferdinand Marcos Jr
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