04th-05th June, 2022

1. India’s first and Asia’s largest Liquid-Mirror Telescope has been established at the Devasthal Observatory campus of Aryabhatta Research Institute of Observational Sciences (ARIES), an autonomous institute under the Department of Science and Technology (DST), Devasthal, a hill in Nainital district, Uttarakhand.
2. Central Government has approved new guidelines for the central sector scheme “Promotion of MSMEs in North Eastern Region and Sikkim” to enhance productivity and competitiveness.
3. Railway Protection Force (RPF) is running Operation Mahila Suraksha for providing safe and secure travel to women.
4. IIM-Ahmedabad has joined hands with an e-marketplace for agricultural land, SFarms India, to develop a farm land price index based on the sales and purchases done on the platform.
5. National Health Authority (NHA) has announced the successful integration of e-Sanjeevani with its flagship scheme – Ayushman Bharat Digital Mission (ABDM).
6. A Supreme Court bench of Justices L Nageswara Rao, B R Gavai and A S Bopanna has mandated that mining within the national parks and wildlife sanctuaries shall not be permitted.
7. The Centre for Development of Telematics (C-DOT) has signed an agreement with WiSig Networks Private Limited and VVDN Technologies Private Limited for collaboration in the area of Open RAN-based Radio Network for 5G solution.
8. During the official visit of Vice-President M. Venkaiah Naidu to Senegal, three MOUs were signed.
9. UN has agreed to change the official name of Turkey to Türkiye.
10. BSE’s international arm India International Exchange (India INX) and Luxembourg Stock Exchange (LuxSE) has signed a co-operation agreement.
11. Tone Tag, has been declared the winner in two categories in the RBI’s first global hackathon – Harbinger 2021
12. National Thermal Power Corporation Limited (NTPC Ltd.) has released its renewed Biodiversity Policy 2022 to establish a comprehensive vision and guiding principle for conservation, restoration, and enhancement of biodiversity.
13. For the first time, Pharmaceuticals & Medical Devices Bureau of India (PMBI) has crossed Rs 100 crore sales in the month of May.
14. Meta has announced to roll out ‘AMBER alerts’ to Instagram across 25 countries.
15. RBI has launched the 2021-22 round of its annual survey on “Foreign Liabilities and Assets of Mutual Funds and Asset Management Companies”.
16. Central Government has approved 1% rate of interest on Employees’ Provident Fund (EPF) deposits for 2021-22 – an over four-decade low – for about five crore subscribers of retirement fund body EPFO.
17. Election Commission of India has appointed cricketer Yash Dhull as the “state icon” for Delhi to promote voter awareness among the youth.
18. Sports Authority of India Director General Sandip Pradhan has been given an extension of more than two years.
19. June 3 – World Bicycle Day
20. THE (Times Higher Education) Asia Awards 2022 have been released.
21. Jennifer Lopez (American singer) has won the award for her film and television achievements at the MTV Movie & TV Awards.
22. LeBron James (nicknamed as ‘King James’) is first active NBA player to become a billionaire.
23. Google honoured Indian scientist and mathematician Satyendra Nath Bose in its doodle.

National News

1. India’s first and Asia’s largest Liquid-Mirror Telescope has been established at the Devasthal Observatory campus of Aryabhatta Research Institute of Observational Sciences (ARIES), an autonomous institute under the Department of Science and Technology (DST), Devasthal, a hill in Nainital district, Uttarakhand.
   • The telescope has been established in collaboration with Belgium and
   • The novel instrument employs a 4-meter-diameter rotating mirror made up of a thin film of liquid mercury to collect and focus light. It is located at an altitude of 2450 metres.
   • The telescope was designed and built by the Advanced Mechanical and Optical Systems (AMOS) Corporation and the Centre Spatial de Liège in Belgium.
2. Central Government has approved new guidelines for the central sector scheme “Promotion of MSMEs in North Eastern Region and Sikkim” to enhance productivity and competitiveness.
   • The scheme will be implemented during the 15th finance commission cycle (2021-22 to 2025-26).
   • The scheme aims to provide financial assistance to state governments for setting up new and modernisation of existing mini technology centres.
   • Under the scheme, the projects for creating common facilities to supplement manufacturing, testing, packaging, R&D, product and process innovations and training for natural resources would be given priority.
   • For the development of new and existing industrial estates, government assistance will be 90%. The maximum project cost for calculation of assistance shall be Rs 15 crore for the development of a new industrial estate whereas Rs 10 crore for the development of an existing Industrial Estate.
3. Railway Protection Force (RPF) is running Operation Mahila Suraksha for providing safe and secure travel to women.
4. IIM-Ahmedabad has joined hands with an e-marketplace for agricultural land, SFarms India, to develop a farm land price index based on the sales and purchases done on the platform.
   • The Misra Centre for Financial Markets and Economy at IIM-A, under which this index is being launched, will host this on its official website and it will be called IIM-Ahmedabad SFarmsIndia Land Price Index (ISALPI).
   • The index will help in benchmarking land prices in rural and semi-urban areas and help in signalling converting agricultural land into real estate.
5. National Health Authority (NHA) has announced the successful integration of e-Sanjeevani with its flagship scheme – Ayushman Bharat Digital Mission (ABDM).
6. A Supreme Court bench of Justices L Nageswara Rao, B R Gavai and A S Bopanna has mandated that mining within the national parks and wildlife sanctuaries shall not be permitted.
   • An Eco Sensitive Zone (ESZ) would be of minimum 1 km from the demarcated boundary of a protected forest.

Memorandum of Understanding

1. The Centre for Development of Telematics (C-DOT) has signed an agreement with WiSig Networks Private Limited and VVDN Technologies Private Limited for collaboration in the area of Open RAN-based Radio Network for 5G solution.
   • Purpose – to indigenous design, development, manufacturing and deployment of cost-effective 5G products and solutions.
2. During the official visit of Vice-President M. Venkaiah Naidu to Senegal, three MOUs were signed.
   • 1st – Ensuring visa-free regime for Diplomatic and Official passport holders which would strengthen cooperation between the two countries through seamless travel of officials/diplomats.
   • 2nd – renewal of Cultural Exchange Progarm (CEP) for the period 2022-26.
   • 3rd – to enhance bilateral cooperation in youth matters.
   • Vice-President M. Venkaiah Naidu is on a 3-nation visit to Gabon, Senegal, and Qatar.

International News

1. UN has agreed to change the official name of Turkey to Türkiye.

Banking and Economy

1. BSE’s international arm India International Exchange (India INX) and Luxembourg Stock Exchange (LuxSE) has signed a co-operation agreement.
   • Through this agreement, the two exchanges will enhance the visibility of listed Indian securities towards international investors by facilitating admission of such securities on LuxSE.
2. Tone Tag, has been declared the winner in two categories in the RBI’s first global hackathon – Harbinger 2021
   • Tone Tag is a brand of Naffa Innovations Pvt Ltd.
   • Tone Tag has won in two segments — ‘Innovative, easy-to-use, non-mobile digital payment solutions for converting small-ticket cash transactions to digital mode’ and ‘Context-based retail payments to remove the physical act of payment’.
   • napID Cybersec Pvt Ltd (INDIA) has won in Alternate authentication mechanism for digital payments category.
   • TrustCheckr (INDIA) has won in the Social Media Analysis Monitoring tool for detection of digital payment fraud and disruption category.

   About the Hackathon –

   • It was organised to encourage entrepreneurs to suggest innovative solutions for smarter digital payments.
   • The Reserve Bank had launched its first global hackathon – “Harbinger 2021 – Innovation for Transformation” with the theme ‘Smarter Digital Payments’ in November 2021.
   • The hackathon was organized in four categories.
     • Innovative, easy-to-use, non-mobile digital payment solutions for converting small-ticket cash transactions to digital mode
     • Context-based retail payments to remove the physical act of payment
     • Alternate authentication mechanism for digital payments
     • Social Media Analysis Monitoring tool for detection of digital payment fraud and disruption
   • Prize – Winner – ₹40,00,000; Runner-up – ₹20,00,000
3. National Thermal Power Corporation Limited (NTPC Ltd.) has released its renewed Biodiversity Policy 2022 to establish a comprehensive vision and guiding principle for conservation, restoration, and enhancement of biodiversity.
4. For the first time, Pharmaceuticals & Medical Devices Bureau of India (PMBI) has crossed Rs 100 crore sales in the month of May.
   • PMBI is the implementing agency of Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP).
5. Meta has announced to roll out ‘AMBER alerts’ to Instagram across 25 countries.
6. RBI has launched the 2021-22 round of its annual survey on “Foreign Liabilities and Assets of Mutual Funds and Asset Management Companies”.
7. Central Government has approved 1% rate of interest on Employees’ Provident Fund (EPF) deposits for 2021-22 – an over four-decade low – for about five crore subscribers of retirement fund body EPFO.
   • The EPF rate of interest is the lowest since 1977-78, when it stood at 8%.

Appointments

1. Election Commission of India has appointed cricketer Yash Dhull as the “state icon” for Delhi to promote voter awareness among the youth.
2. Sports Authority of India Director General Sandip Pradhan has been given an extension of more than two years.

Important Days

1. June 3 – World Bicycle Day
   • India has organized the ‘Fit India Freedom Rider-Cycle Rally’.

Awards

1. THE (Times Higher Education) Asia Awards 2022 have been released.
   • In the ‘Outstanding Support for Students’ category, Indira Gandhi Delhi Technical University for Women and Shoolini University of Biotechnology and Management Sciences (specially recognized) have been recognized from India.
   • In the ‘Student Recruitment Campaign of the Year’ category, Amity University Online has won the award.
   • In ‘THE DataPoints Research Improvement Award’ category, Savitribai Phule Pune University has won.
2. Jennifer Lopez (American singer) has won the award for her film and television achievements at the MTV Movie & TV Awards.

Sports

1. LeBron James (nicknamed as ‘King James’) is first active NBA player to become a
   • James is an American basketball player representing Los Angeles Lakers of the National Basketball Association (NBA).

Miscellaneous

1. Google honoured Indian scientist and mathematician Satyendra Nath Bose in its doodle.
   • Satyendra Nath Bose (1894-1974) was an Indian mathematician and physicist specialising in theoretical physics.

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