Appointments Committee of Cabinet has approved the extension of Vishwanathan's term as RBI deputy governor by one year with effect from 4 July. He is in charge of regulation of banks, non-banking finance companies and cooperative banks
Recently Viral Acharya left RBI as its deputy governor
University Grants Commission approved a new Scheme for Trans-disciplinary Research for India's Developing Economy. It will provide support to research projects that are socially relevant, locally need-based, nationally important & globally significant
Union HRD Minister: Ramesh Pokhriyal Nishank
New Zealand has banned single-use plastic shopping bags & introducing hefty fines for businesses that continue to provide them. Plastic pollution is a growing global concern, with a million birds & 100,000 plus marine mammals injured or killed every year
New Zealand Capital: Wellington; PM: Jacinda Ardern
Indian pro boxer Vaibhav Yadav became the World Boxing Council (WBC) Asia silver welterweight champion after defeating Thailand's Fahpetch Singmanassak in the title bout held in Pattaya, Thailand.
WBC Headquarters: Mexico City, Mexico; Founded: 1963.
PM has set up a High Powered Committee of Chief Ministers for Transformation of Indian Agriculture with Maharashtra CM as Convenor of committee to suggest modalities for adoption and time bound implementation of agriculture sector reforms
Committee is to submit its report in 2 Months
India has moved down one place to 74th rank in terms of money parked by its citizens and enterprises with Swiss banks while the U.K. has retained its top position, as per data released by the central banking authority of Switzerland
India accounts for 0.07% of aggregate fund parked in Swiss banks
In Formulae 1 Austrian Grand Prix 2019, Red Bull’s Red Bull's Max Verstappen won the race while Ferrari's Charles Leclerc was placed second and Mercedes’ V. Bottas stood at the 3rd position.
Austria Capital: Vienna; Currency: Euro
Railways has speeded up 261 trains as part of Mission Raftaar, by up to 110 minutes over different zones. New trains, which have already been introduced, have been added in new time table including Vande Bharat Express train, 34 Humsafar Express among othe
First train in India ran b/w Bombay & Thane
SBI central board approved raising ₹7,000 crore in tier 1 (AT 1) capital by way of issuance of Basel-III compliant debt instruments in rupee or any other convertible currency through a public offer/private placement to overseas or Indian investors in FY20
In Jan 2019, SBI raised $1.25 bn via bonds from overseas market
India signed a deal to acquire Strum Ataka anti-tank missile from Russia for its fleet of Mi-35 attack choppers. Deal for missiles is around ₹200 cr in order to give an added capability to the Mi-35 attack choppers to take out enemy tanks/armoured element
Existing Mi-35s are to be replaced with Apache gunships from US