- 1. India successfully tested Nuclear Capable Ballistic Missile Agni-P (Prime).
- 2. National Statistics Day: 29 June
- 3. Max Verstappen wins Styrian Grand Prix.
- 4. NCAER expects Indian economy to grow 11.5% in June quarter.
- 5. President to lay foundation stone of Dr. Bhimrao Ambedkar cultural centre in Lucknow.
- 6. Government planning to develop a rating system for MSMEs.
- 7. Swedish PM Stefan Lofven resigns after losing no-confidence vote.
- 8. Indian shooter Rahi Sarnobat wins Gold at ISSF World Cup shooting.
- 9. European Space Agency to hire first disabled astronaut.
- 10. International Day of the Tropics: 29 June
- 11. Chief Justice of India N V Ramana release a book titled "Anomalies in Law and Justice".
- 12. Shafali Verma becomes youngest Indian to make debut in all formats.
- 13. Philippines included in FATF grey list.
- 14. NDDB’s executive director, Meenesh Shah given additional charge of its Chairman.
- 15. Attorney General KK Venugopal tenure extended for one year.
Topic: Defense News
1. India successfully tested Nuclear Capable Ballistic Missile Agni-P (Prime).
- DRDO has successfully test-fired new Generation Nuclear-Capable Ballistic Missile Agni P from Dr. APJ Abdul Kalam island of Odisha.
- The missile completed all mission objectives with a high level of accuracy.
- Various telemetry and radar stations monitored the trajectory of missile.
- Agni-P missile will help in strengthening India's deterrence capabilities.
- Agni I was successfully test-fired for the first time in May 1989. It has a range of 700-900 kilometers.
- Agni-P (Prime):
- It is an advanced variant of the Agni class of missiles.
- Its range capacity lies between 1,000 and 2,000 km.
- It is a canisterised missile that can be launched from rail and road and can be stored for a longer period.
(Source: News on AIR)
Topic: Important Days
2. National Statistics Day: 29 June
- National Statistics Day is observed every year on 29 June in India.
- It is celebrated to mark the birth anniversary of Prof. PC Mahalanobis and to recognize his invaluable contribution in the National Statistical System.
- The theme of Statistics Day 2021 is Sustainable Development Goal (SDG)- 2 (End Hunger, Achieve Food Security and Improved Nutrition and Promote Sustainable Agriculture).
- The first Statistics Day was observed on June 29, 2006.
- On this occasion, the winners of Prof. P.C. Mahalanobis National Award and Prof C. R. Rao National Award for Young Statistician will be also announced.
- Mahalanobis is considered the Father of modern statistics in India. He founded the Indian Statistical Institute.
3. Max Verstappen wins Styrian Grand Prix.
- Red Bull’s Max Verstappen has won the Styrian Grand Prix.
- Seven-time world champion Lewis Hamilton finished second in the Formula One championship battle.
- This was Max Verstappen’s fourth win of the 2021 Formula One season. He has won two races for the first time in a row in Formula One.
- Valterri Bottas achieved third spot ahead of Red Bull's Sergio Perez. McLaren's Lando Norris finished fifth.
- Max Verstappen competes in Formula One for Red Bull team. Lewis Hamilton competes in Formula One for Mercedes team.
- Styrian Grand Prix is a Formula One motor racing event. It is held at Red Bull Ring, a motorsport race track in Spielberg, Styria, Austria.
- Formula One championship comprises of a series of races, known as Grands Prix. Grands Prix are often named after the country they take place in.
Topic: Indian Economy
4. NCAER expects Indian economy to grow 11.5% in June quarter.
- National Council of Applied Economic Research (NCAER) expects Indian economy to grow 11.5% in June quarter.
- NCAER expects that Indian economy will grow in the range of 8.4-10.1% in FY22 over a negative base.
- As per NCAER, India needs expansionary fiscal policy to put the economy on a sustainable growth path.
- In its latest quarterly review of the economy on Friday (25 June), NCAER said that contractionary fiscal policy in FY21 will delay economic recovery.
- As per NCAER, India’s fiscal deficit is being reduced sharply from 9.2% of GDP in FY21 to 7.2% in FY22.
- NCAER said that expenditure in 2021-22 budget was reduced from Rs 35.1 trillion in 2020-21 to Rs 34.8 trillion in 2021-22.
- Expansionary fiscal policy means increased spending and tax cuts by government to increase aggregate demand and economic growth.
Topic: National News
5. President to lay foundation stone of Dr. Bhimrao Ambedkar cultural centre in Lucknow.
- President Ram Nath Kovind will lay the foundation stone of Dr. Bhimrao Ambedkar cultural centre in Lucknow. He is on a five day visit to Uttar Pradesh.
- Ambedkar culture centre will be developed by the culture ministry of state. It will have a 750 seated auditorium, library, picture gallery, museum, multipurpose hall, dormitory, and other basic facilities.
- The government has allocated 45.04 crores for this project. It will have a grand statue of Dr. Bhimrao Ambedkar.
- It will be spread over 3 acres and will help in promoting art and culture in the state. It will be the second such cultural center after Ambedkar Memorial Park in Lucknow.
- Dr. B R Ambedkar:
- Bhimrao Ramji Ambedkar was an Indian jurist, economist, politician and social reformer.
- He is considered the chief architect of the Constitution of India.
- He was the first Law Minister of India.
(Source: News on AIR)
Topic: Indian Economy
6. Government planning to develop a rating system for MSMEs.
- The Central government is planning to develop a financial rating system for upcoming micro, small and medium enterprises (MSMEs).
- This new rating system will help banks in making credit judgments for MSMEs borrowers.
- The rating will depend upon the annual turnover, goods and services tax (GST) records, income tax records, exports, and the credentials of a company.
- Profitability and the quality of the balance sheet of a company will be also one of the factors of their ranking.
- Ministry of MSME is developing a single-point portal for delivery of all the services offered by the government to small businesses.
- MSMEs play a vital role in the growth of the Indian economy. It contributes about 30% to India’s gross GDP.
|Important Weekly Current Affairs Revision|
|Watch Weekly Current Affairs 14-20 June 2021||Watch Weekly Current Affairs 7-13 June 2021|
|Watch Weekly Current Affairs 31 May-6 June 2021||Watch Weekly Current Affairs 24-30 May 2021|
Topic: International News
7. Swedish PM Stefan Lofven resigns after losing no-confidence vote.
- Prime Minister of Sweden Stefan Lofven resigned after losing no-confidence vote. He is the leader of the Social Democrat party.
- He lost the confidence vote because Left Party withdrew its support from the government.
- If Speaker Andreas Norlen fails in finding a new Prime Minister, then election will be held in September 2022.
- Stefan Lofven formed the minority coalition government in 2018 with the support of small centre-right parties and the Left Party.
- Sweden has constitutional monarchy with a parliamentary system of government.
- The Prime Minister heads the government in Sweden. The executive power of the government is vested in Prime Minister.
8. Indian shooter Rahi Sarnobat wins Gold at ISSF World Cup shooting.
- India’s Rahi Sarnobat clinched gold medal in the women’s 25m pistol event at the ISSF shooting World Cup.
- She is the first Indian to win one silver and two bronze medals in the ongoing tournament. She scored 591 out of a maximum of 600 in the qualifying stage.
- France's Mathilde Lamolle won silver medal with score of 31 in the final. Russian Vitalina Batsarashkina won bronze medal with 28 points.
- Indian shooter Manu Bhaker finished at 7th position.
- This is the last competition before the 2020 Tokyo Olympics.
- ISSF World Cup 2021 is being held in Osijek, Croatia.
(Source: News on AIR)
9. European Space Agency to hire first disabled astronaut.
- The European Space Agency will hire and launch the world’s first physically disabled astronaut. It received 22000 applicants for this recruitment call.
- ESA is developing technologies for para-astronaut. It will give a message to the world that ‘Space is for everyone’.
- European Space Agency is facing tough competition from private players and other space agencies for launching commercial satellites.
- Amazon founder Bezos will become the first man to go into space on his own rocket in July 2021.
- European Space Agency:
- It is an intergovernmental organization of 22 member states.
- It was established in 1975 and headquartered in Paris.
- It is dedicated for the exploration in space.
Topic: Important Days
10. International Day of the Tropics: 29 June
- 29 June is every year observed as International Day of the Tropics.
- International Day of the Tropics aims to promote tropical regions on Earth. It also aims to increase awareness about the conservation strategies.
- ‘State of the Tropics Report’ was introduced by Nobel Laureate Aung San Suu Kyi in 2014 on June 29.
- Two years later, UN General Assembly adopted resolution and announced 29 June as International Day of the Tropics.
- As per the ‘State of the Tropics Report 2021’, the theme for International Day of the Tropics this year is The Digital Divide in the Tropics.
- The Tropics account for 40% of the world’s total surface area. They are host to approximately 80% of the world’s biodiversity.
- The Tropics have about 95% of the world’s mangrove forests by area and 99% of mangrove species.
Topic: Books and Authors
11. Chief Justice of India N V Ramana release a book titled "Anomalies in Law and Justice".
- Chief Justice of India N V Ramana has released a book titled "Anomalies in Law and Justice".
- The book is written by former Supreme Court Judge Justice (retd) R V Raveendran.
- The book explains deficiencies in law that need to be overcome.
12. Shafali Verma becomes youngest Indian to make debut in all formats.
- Opener Shafali Verma has become youngest Indian cricketer to make debut in all formats.
- She took 17 years and 150 days to make her debut in all formats.
- She has become fifth youngest cricketer overall in the list of all format debuts. The list is topped by Afghanistan's Mujeeb Ur Rahman.
All format debut made at
Afghanistan's Mujeeb Ur Rahman
17 years and 78 days
England's Sarah Taylor
17 years 86 days
Australia's Ellyse Perry
17 years 104 days
Pakistan's Mohammad Amir
17 years 108 days
India’s Shafali Verma
17 years and 150 days
Topic: International News
13. Philippines included in FATF grey list.
- Philippines has been included in grey list of Financial Action Task Force (FATF).
- Financial Action Task Force (FATF) has released its grey list of jurisdictions that will be subjected to increased monitoring.
- In addition to Philippines, Haiti, Malta, and South Sudan have also been added to grey list.
- Now, these jurisdictions will be required to submit progress reports to the FATF thrice a year.
- Philippines was removed from black list of FATF in 2005. It was previously included in FATF’s blacklist in 2000.
- FATF grey list is the list in which jurisdictions under increased monitoring are placed. If a jurisdiction is placed under increased monitoring, this means that jurisdiction is committed to resolve strategic deficiencies within agreed timeframes.
- Jurisdictions under FATF grey list actively work with FATF to address strategic deficiencies in their regime to fight against money laundering and terrorist financing.
- FATF black list is the list of countries judged by FATF as non-cooperative in global fight against money laundering and terrorist financing.
14. NDDB’s executive director, Meenesh Shah given additional charge of its Chairman.
- National Dairy Development Board (NDDB)'s executive director, Meenesh Shah has been given additional charge of its Chairman for six months.
- He took over additional charge effective from June 1, 2021 after Varsha Joshi’s tenure ended on May 31, 2021.
- Meenesh Shah is member secretary of Indian National Committee (INC) of International Dairy Federation (IDF).
- Meenesh Shah is also a member of the standing committee on dairy policy and economics of International Dairy Federation (IDF).
- National Dairy Development Board (NDDB) was founded in 1965. It is headquartered in Anand, Gujarat. It is a statutory body. Mother Dairy is its subsidiary.
15. Attorney General KK Venugopal tenure extended for one year.
- The government has extended the tenure of Attorney General K K Venugopal by one more year. Now, his tenure will end on June 30, 2022.
- In 2020, Attorney General K K Venugopal’s tenure was extended for one year.
- He was appointed as the 15th Attorney General of India in 2017.
- Attorney General of India:
- He is the chief legal advisor of the government.
- He is appointed by President under the Article 76 of the Indian Constitution.
- He has the right to speak or to take part in the proceedings of the Indian Parliament.