Banking Digest, 16 June 2019

Days in Focus

• World Elder Abuse Awareness Day – June 15. 

Economy

• According to the official data release by Ministry of Commerce and Industry, Wholesale price-based inflation in May 2019 slipped to a 22-month low of - 2.45%.

Environment

• The second cyclone to hit India in 2019 - Cyclone Vayu.

International

• ‘Shanghai Cooperation Organisation (SCO) summit 2019’ organized in - Bishkek (capital of Kyrgyzstan).
• In June 2019, India will impose tariffs on 29 items including almonds, walnuts and apples which will import from - USA.
• Indian-origin person who received the ‘Star of Jerusalem’ medal from the Palestinian Authority - Sheikh Mohammad Munir Ansari.

National

• The Government of India reduced the rate of contribution under the Employees' State Insurance Act-1948 from 6.5% to - 4%.

Sports

• Rank of the Indian football team in the FIFA rankings issued on June 15 - 101st.
• First place in the FIFA rankings issued on June 15 - Belgium.

State Current Affairs

• In June 2019, this state/UT government announced formation of a task force to ensure the safety of female commuters in public transport - Delhi.

Science and Technology

• This Asian country is planning to launch its own small space station for carrying out microgravity experiments - India.

General Knowledge

• Shanghai Cooperation Organization (SCO) – formed in: 2001; Headquarters: Beijing (China).
• Partner countries of the International Space Station (ISS) program - European Union, USA, Japan, Canada and Russia.
• Six-Day War between Israel and Palestine - 1967.