Current Affairs June, 2016

India̢۪s largest lender State Bank of India (SBI) has launched IT Innovation Start-up Fund to support start-ups in the financial technology (fintech) space.

Australia has won the 2016 Champions Trophy title of Hockey by defeating India by 3-1 score.

• Union Cabinet approves merger of 5 associate banks with SBI
• Kolkata-Ashuganj-Tripura transit facility between India, Bangladesh becomes operational
• Israel elected as Chair of UNGA’s Legal Committee for the first time

Kolkata-Ashuganj-Tripura transit facility under the revised Inland Water Transit and Trade Protocol between India and Bangladesh became operational.

Russia has launched the new Project 22220 nuclear powered icebreaker dubbed ‘Arktika’. It is the world’s largest and most powerful vessel of its kind.

The United Nations General Assembly (UNGA) has recently elected Israel to chair its Legal Committee for the first time in the world body̢۪s 71-year history.

The Union Cabinet has approved merger of country̢۪s largest lender State Bank of India (SBI) and its associate banks in order to bring the state-owned entity on a par with global lenders.

• Margaret Atwood wins 2016 Pen Pinter Prize
• Union Cabinet approves MoU between ISRO and Canadian Space Agency
• Union Cabinet approves India’s Membership of the International Continental Scientific Drilling Program

The Union Cabinet has approved the Memorandum of Understanding (MoU) between Indian Space Research Organization (ISRO) and Canadian Space Agency (CSA) on cooperation in the field of outer space.

Canadian poet, novelist, literary critic, essayist, and environmental activist Margaret Atwood was chosen for the prestigious 2016 Pen Pinter Prize.

The Union Cabinet has given its approval for enhancement of retirement age of government doctors̢۪ to 65 years to strengthen the healthcare sector in the country.

The Union Cabinet has given its approval for India̢۪s membership of the International Continental Scientific Drilling Program (ICDP) consortium. In this regard, Union Government has signed a MoU with the Helmholtz Centre Potsdam GFZ German Research Centre for geosciences.