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Today's Important Current Affairs

Today's Important Current Affairs

BENEVOLENT IAS ACADEMY

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Dated 11.06.2019

TODAY’S IMPORTANT CURRENT AFFAIRS

UPSC-IAS|IPS|IFS (PRELIMS + MAINS FOCUS)

IN NEWS

Prime Minister Narendra Modi accepted an invitation to attend the session of the 45th of the G7 group of countries takes place from August 24 to August 26 in Biarritz, .

EXAM POINT OF VIEW PART OF INTERNATIONAL RELATION – (G7)

The G7 is a collective of seven of the world's most industrialized and developed economies. Their political leaders come together annually to discuss important global economic, political, social and security issues. The (G7) is a group consisting of , France, , , , the , and the . These countries, with the seven largest IMF-described advanced economies in the world,[1] represent 58% of the global net wealth ($317 trillion). The G7 countries also represent more than 46% of the global gross domestic product (GDP) based on nominal values, and more than 32% of the global GDP based on purchasing power parity. The is also represented at the G7 summit.

France Germany Italy Japan United Kingdom United States European Union

Kindly refer our 09.06.2019 dated current affairs to get more Idea about G-20.

BENEVOLENT IAS ACADEMY, COIMBATORE  The G8 and G20 originated from the G7, a seven-nation coalition that included Britain, United States, France, Canada, Japan, Italy, and Germany. ... The G7 greatly influenced international economic and political decision-making. In 1997, Russia joined the ranks of the G7, and the coalition was renamed to the G8.

 The 44th summit of the Group of Seven (G7), which was held from June 8–9, 2018 in La Malbaie, Quebec, Canada, ended in complete disarray with US President Donald Trump blasting off host Canada and abruptly retracting his support for a joint statement, signed by every nation in the group.

 The 43rd G7 summit was held on May 26–27, 2017[1] in Taormina (ME), , Italy. In March 2014, the G7 declared that a meaningful discussion was currently not possible with Russia in the context of the G8. Since then, meetings have continued within the G7 process.

IN NEWS Chaukhandi Stupa, an ancient Buddhist site located in Sarnath, Uttar Pradesh, has been declared as a Monument and protected area of national importance by Archaeological Survey of India (ASI).

EXAM POINT OF VIEW

Chaukhandi Stupa is a lofty mound of brick whose square edifice is surrounded by an octagonal tower. It was built to mark the place where Lord Buddha met his first disciples as he traveled from Bodhgaya to Sarnath. The Chaukhandi Stupa is said to be originally a terraced temple during the Gupta period, that 4th to 6th Century. Govardhan,the son of Raja Todarmal gave the present shape to the Chaukhandi Stupa.He built an octagonal tower to commemorate the visit of Humayun,the great

Chaukhandi Stupa: Mughal ruler.

Archaeological Survey of India (ASI):

ASI was formed on 1861, headquartered at New Delhi, India. ASI is the premier organization for the archaeological researches and protection of the cultural heritage in India. It functions under the Ministry of Culture. ASI is responsible for the regulation of all archaeological activities in the country as per the provisions of the Ancient Monuments and Archaeological Sites and Remains Act, 1958 and Antiquities and Art Treasure Act,1972.

BENEVOLENT IAS ACADEMY, COIMBATORE TODAY’S IMPORTANT CURRENT AFFAIRS

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 India is making debut in the adventurous game of Rafting. Former Prime Prime Minister Atal Bihari Vajpayee Institute of Mountaineering and Allied Sports team played in World Rafting Championship which is taking place in Tuncelli. There are 20 teams from 20 countries are challenging for the title. President of Turkish Rafting Federation Fikret Yadimei expressed his excitement over hosting the World Rafting Championship.

Prime Minister Narendra Modi is to meet Russian President Vladimir Putin and Chinese President Xi Jinping before the Shanghai Cooperation Organisation (SCO) summit. The announcement was made by the Ministry of External Affairs.

SCO Summit 2019: The SCO summit is to be held on June 14 in Bishkek, Kyrgyz Republic. It will be the first multilateral meeting of Prime Minister Narendra Modi after his re-election in the Lok Sabha election. The group will discuss issues related to terrorism, Afghanistan, regional security, multilateral dialogue and global scenario.

 Mount Sinabung volcano erupted in Sumatra Island of western Indonesia. A huge column of ash was blasted and spread 7 km high to southeast and south of crater. Mount Sinabung blew for nine minutes. It caused panic among the island’s residents.

 Indian Air Force (IAF) transport aircraft Antonov AN-32 that took off from Assam's Jorhat with 13 people onboard on June 3, 2019 went missing over hilly terrain in the Northeast. The wreckage of the same has been located by the IAF at 16 kms of North of Lipo at Siang district in Arunachal Pradesh.

BENEVOLENT IAS ACADEMY, COIMBATORE Can you try the following questions?

1. Consider the following Statement(s) related to related to the (G-8) Countries.

I. Refers to the group of eight highly industrialized nations II. These countries have common currency for trade with each other.

Which is / are the correct statement(s) from the given code? a) Only I b) Only II c) Both I and II d) Neither I nor II

2. Which of the following are the members of G-8? a) France, Germany, Italy, the United Kingdom, Japan, the United States, Canada, and Russia b) France, Germany, Italy, the United Kingdom, Japan, the United States, Canada, and Mexico c) France, Germany, Italy, the United Kingdom, Japan, the United States, Canada, and Brazil d) France, Germany, Italy, the United Kingdom, the United States, Canada, and Japan, China

3. Which of the following country join to G7 then it called G8? a) France b) Germany c) Italy, d) Russia

4. Chaukhandi Stupa, an ancient Buddhist site is located at? a) Utter Pradesh b) Sikkim c) Gujarat d) Srinagar

5. The wreckage of which Indian Air Force aircraft was found in Arunachal Pradesh recently? a) AN-32 b) Mig-21 c) Mirage 2000 d) Boeing 707

TODAY’S IMPORTANT CURRENT AFFAIRS

TNPSC Group I, II, IV & VAO

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BENEVOLENT IAS ACADEMY, COIMBATORE Banking News:

State Bank of India introduces Repo Rate-Linked Home Loan.

 SBI, the country's largest bank by assets home loans linked to the repo rate from July 1, 2019.  Key interest rate reduced to 5.75.  The Reserve Bank of India's Monetary Policy Committee (MPC) lowered the repo rate by 25 basis points and switched to an "accommodative" stance from "neutral".  RBI reduced the repo rate each in its policy reviews in February and April.

Do You Know?

 Repo rate is the key interest rate at which commercial banks borrow short-term funds from the Reserve Bank of India (RBI).

Art & Culture News:

1).ASI declares Chaukhandi Stupa as of national important monument.

 Chaukhandi Stupa, an ancient Buddhist site located in Sarnath, Uttar Pradesh, has been declared as a Monument and protected area of national importance by Archaeological Survey of India (ASI).  Chaukhandi Stupa is a lofty mound of brick whose square edifice is surrounded by an octagonal tower.  It was built to mark the place where Lord Buddha met his first disciples as he traveled from Bodhgaya to Sarnath.  The Chaukhandi Stupa is said to be originally a terraced temple during the Gupta period, that 4th to 6th Century.

BENEVOLENT IAS ACADEMY, COIMBATORE

Do You Know?

 ASI was formed on 1861, headquartered at New Delhi, India. It functions under the Ministry of Culture.  ASI is the premier organization for the archaeological researches and protection of the cultural heritage in India.  ASI is responsible for the regulation of all archaeological activities in the country as per the provisions of the Ancient Monuments and Archaeological Sites and Remains Act, 1958 and Antiquities and Art Treasure Act, 1972.

2). India's First Dinosaur Museum Park inaugurated in Gujarat

 Gujarat Chief Minister Vijay Rupani inaugurated India's first Dinosaur-Museum-cum- Park in the Mahisagar district.  The museum is located in Raiyoli area in Balasinor exhibit remains of various dinosaurs and fossil records.  Dinosaur Museum cum Park is the first park in the country and the world's third park.  Raiyoli area is the third largest dinosaur fossil site in the world and it is also the second largest dinosaur hatchery in the world, where thousands of eggs had been found.

Environment News:

Mount Sinabung volcano erupted in Sumatra Island.

 Mount Sinabung volcano erupted in Sumatra Island of western Indonesia.  Indonesia has nearly 130 active volcanoes, more than any other country.

BENEVOLENT IAS ACADEMY, COIMBATORE

Do You Know?

 Sinabung was inactive for around 400 years before it erupted in 2010, 2014 and February 2018. Since then it has become one of south east Asian nation's most active volcanoes.  Mount Sinabung is a Pleistocene-to-Holocene stratovolcano located in North Sumatra. It is particularly prone to seismic activity due to its location on the Ring of Fire.  Ring of Fire: It an arc of volcanoes and fault lines encircling the Pacific Basin.

BENEVOLENT IAS ACADEMY, COIMBATORE