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Daily GK Current Affairs viable of 12th June 2021

Daily GK(Current Affairs 12 June 2021) Current Affairs News viable of 12th June 2021. – Here is the Regular current affairs viable of 12th June 2021. covering the following news headlines: World Day Against Child Labour, AISHE, Indian Grand Prix 4, State Bank of India, International Association of Ultrarunners Council.

Daily Current Affairs update are incorporated with the important news that made the current affairs headlines for competitive exams. Daily Current Affairs Update is the complete box of the important news that held all day long. One should have complete knowledge about banking terms, current affairs news, etc.

So, here is the GK update of 12th June 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt current affairs quiz.

Here current affairs have been categorized which is as follows:

  • International News
  • Banking News
  • Awards News
  • Sports News
  • Important Days
  • Obituaries News

International News

  1. Ex-Mongolian prime minister Khurelsukh won presidential election
  • Mongolia’s former prime minister, Ukhna Khuralsukh, became the country’s sixth democratically elected president, consolidating the ruling Mongolian People’s Party (MPP)’s power with a resounding victory.
  • With 99.7% of the votes counted overnight, Khuralsukh’s tally reached 821,136, or 68% of the total, the largest share of the vote since the beginning of the democratic era in 1990.
  • Khurelsukh will replace incumbent Khaltmaa Battulga, who was denied an opportunity to seek re-election following controversial changes to Mongolia’s constitution that restricted presidents to one term in office.

Important takeaways for all competitive exams:

  • Mongolia Capital: Ulaanbaatar;
  • Mongolia Currency: Mongolian Togrog.

Banking News

  1. SBI launches Kavach Personal Loan for Covid-19 patients
  • State Bank of India (SBI) has launched a collateral-free “Kavach Personal Loan” to enable its customers to meet the medical expenses of themselves and family members for COVID treatment.
  • Under this scheme, customers can avail loans up to ₹5 lakh at an effective interest rate of 8.5 per cent per annum for 60 months, with a moratorium of three months.
  • This loan product will also be part of the Covid-19 loan book being created by banks as per the Reserve Bank of India’s Covid relief measures. The loan will also cover reimbursement of Covid-19 related medical expenses already incurred.

Important takeaways for all competitive exams:

  • SBI Headquarters: Mumbai.
  • SBI Founded: 1 July 1955.
  • SBI Chairperson: Dinesh Kumar Khara.
  1. RBI: ATM cash withdrawal rule changed
  • The Reserve Bank of India (RBI) has changed some rules regarding cash withdrawal from Automated Teller Machines (ATMs).
  • These ATM cash withdrawal rule changes include higher charges on transactions beyond the free permissible limit, a new free ATM transaction limit and a rise in interchange fee.
  • Free cash withdrawal limit from your bank: Bank customers can now do five free financial and non-financial transactions every month from their bank’s ATMs.

The new ATM charges as defined by RBI are as under:

  • Free ATM transaction limit from other banks: ATM cardholders can do three free financial and non-financial transactions at Metro centers while five for non-metro transactions from other bank’s ATMs
  • Charges on ATM cash withdrawal beyond the free limit: RBI allowed banks to increase charges on ATM transactions beyond the free ATM transaction limit.
  • Increase in Interchange Fee: The interchange fee per transaction was changed from Rs.15 to Rs.17 for financial transactions while from Rs.5 to Rs.6 for non-financial transactions with effect from August 1, 2021.
  • New charges on ATM withdrawal beyond the free transaction limit: Bank customer will have to pay Rs.21 (currently it is Rs.20) for each ATM cash withdrawal beyond the free transaction limit in effect from January 1, 2022.

Awards News

  1. 2021 Pulitzer Prize Announced: Complete List of Winners
  • The winners of the 105th Division of the Pulitzer Prize 2021 in Journalism, Books, Drama and Music were announced. The Pulitzer Prize is an award for achievements in newspaper, magazine and online journalism, literature, and music composition in the United States.
  • It was established in 1917 by the provisions of the will of American (Hungarian-born) Joseph Pulitzer, who made his fortune as a newspaper publisher and is administered by Columbia University in New York City.
  • In twenty-two categories, each winner receives a certificate and a US$15,000 cash prize (increased from $10,000 in 2017). The winner is awarded a gold medal in the public service category.
  1. DBS tops Forbes ‘World’s Best Banks’ list in India
  • DBS Bank has been named in the list of Best Banks in the World 2021 by Forbes. DBS was ranked #1 out of 30 domestic and international banks in India for the second year in a row.
  • This is the third edition of the list of ‘World’s Best Banks’ by Forbes, conducted in partnership with market research firm Statista.
  • Over 43,000 banking customers across the globe were surveyed on their current and former banking relationships. The customer survey rated banks on general satisfaction and key attributes like trust, digital services, financial advice, and fees.

Sports News

  1. Patiala to host Indian Grand Prix 4
  • The Athletics Federation of India (AFI) announced that the Indian Grand Prix 4 will be held on June 21 at the National Institute of Sports, Patiala.
  • The decision to host the domestic events was taken to give Indian athletes maximum chance of qualifying for Tokyo. India’s star sprinters Dutee Chand and Hima Das are expected to participate in the fourth Indian GP of 2021.
  • National Inter-State Athletics Championships will be held at the same venue from June 25.

Important takeaways for all competitive exams:

  • Athletics Federation of India  Headquarters location: New Delhi.
  • Athletics Federation of India Founded: 1946.

Important Days

  1. World Day Against Child Labour: 12th June
  • World Day Against Child Labor is observed globally on 12 June every year. According to the International Labor Organization (ILO), around 152 million children are engaged in child labor globally, of which 72 million are in hazardous work.
  • This year’s World Day Against Child Labour focuses on action taken for the 2021 International Year for the Elimination of Child Labour.
  • The theme of the World Day Against Child Labor this year is Act Now: End Child Labour This is the first world day since the universal ratification of the ILO’s Convention No 182 on the Worst Forms of Child Labor and it comes at a time when the COVID-19 crisis threatens to reverse years of progress in tackling the problem.

Obituaries News

  1. Padma Shri Awardee Eminent Environmentalist Radhamohan Passes Away
  • Padma Shri awardee eminent economist and environmentalist, Professor Radha Mohan ji has passed away.
  • He was the former information commissioner of Odisha and had also served as a lecturer of Economics in different colleges in Odisha.
  • He along with his daughter Sabarmati was honored with the prestigious Padma Shri award in 2020 for his contribution to the agriculture sector.
  1. Olympian Surat Singh Mathur passes away
  • Surat Singh Mathur, independent India’s first Olympian to complete a marathon in Olympics, passed away.
  • Running alongside veteran Emil Zatopek at the 1952 Helsinki Olympics, Mathur finished the marathon in 52nd place in 2:58.92 seconds.
  • A bronze medallist at the first Asian Games in 1951, Mathur, who was born in Mohammadpur Majri village (Karala) in Delhi, was a two-time National champion.
  1. Noted Kannada Poet Siddalingaiah Passes Away
  • Noted Kannada poet, playwright and Dalit activist, Siddalingaiah has passed away due to COVID-19 related ailments.
  • He was one of the first prominent Dalit poets of Karnataka, and was known as the “Dalit Kavi”.
  • He is credited with starting the Dalit-Bandaya literary movement in Kannada and introducing the style of Dalit writing. He was one of the founders of the Dalit Sangharsh Samiti in the state.

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Current Affairs 12 June 2021

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