Current Affairs 5th June 2017 - Banking, SSC, UPSC Affairs

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 An e-taxi service launched in the city of Hyderabad to mark the World Environment Day. Hyderabad Mayor Bonthu Rammohan flagged off five e-taxis at an event organized on Necklace Road. The e-taxis have been launched by Green Mile, an electric vehicle infrastructure start-up company working towards sustainable transportation.

India ranked 45th down from last year, in terms of competitiveness in the annual rankings compiled by the International Institute for Management Development's (IMD) World Competitiveness Center. Switzerland and Singapore were ranked second and third respectively. The United States of America (USA) ranked 4th in the list.  It has been publishing the rankings every year since 1989. This year's list comprises 63 countries with Cyprus and Saudi Arabia making their first appearance.

The 2017 Global Retail Development Index (GRDI) titled ‘The Age of Focus‘ placed India at the top position among 30 developing countries on ease of doing business in the retail sector. This is the 16th edition of the Global Retail Development Index (GRDI). The GRDI is annually published by London-based business consultancy A T Kearney. The index placed China at the second place.

The Ministry of Rural Development selected Vizianagaram district in Andhra Pradesh as one among the 17 districts across the nation for the MGNREGA annual award for effective implementation of the Mahatma Gandhi National Rural Employment Guarantee (MGNREGA) Act during 2015-16. The award would be presented at the Mahatma Gandhi NREGA Sammelan to the district program coordinator and District Collector on June 19 in New Delhi.

Kerala joined the nation in observing World Environment Day with the Government taking lead by distributing one crore saplings for planting across the state. Schools, local self-government bodies and voluntary associations took part in the plant sampling programs of the government under ‘Green Kerala Mission’. A campaign titled ‘Connecting People to Nature’ launched besides starting a program to cut down trees that were harmful to the environment.

India has successfully test-fired its first all-weather tracked-chassis Quick Reaction Surface-to-Air Missile (QR-SAM) from a mobile launcher at Integrated Test Range at Chandipur in Odisha. The Quick Reaction Surface to Air Missile (QR-SAM) was jointly developed by the Defence Research and Development Organisation (DRDO) and Bharat Electronics Limited.

Space X launched its first recycled cargo ship to the International Space Station. An unnamed Falcon rocket lifted off from Florida's Kennedy Space Center with a Dragon capsule that made a station delivery nearly three years ago. This is Space X's 11 mission under a National Aeronautics and Space Administration (NASA) contract.

The Indian Army is expected to soon open up combat positions for women. At present, women are employed in select areas such as medical, legal, educational, signals and engineering wings of the Army but are not offered combat roles due to operational concerns and logistical issues.  Few countries such as Germany, Australia, Canada, the U.S, Britain, Denmark, Finland, France, Norway, Sweden and Israel have allowed women in combat roles.

Reliance Communications (RCom) Chairman Anil Ambani confirmed the merged entities of RCom and Aircel will be called Aircom. These merged entities are Reliance Communications and Maxis Communications Berhad (MCB). The merged company will be one of India’s largest private sector companies. It has an asset base of over 65,000 crore rupees and net worth of 35,000 crore rupees.

Indian shuttler B Sai Praneeth won the men's singles title at the Thailand Open Grand Prix Title. Praneeth defeated  Indonesia Jonatan Christie. This is the first Grand Prix Gold win and a second title for Praneeth followed by Singapore Open title.

International Day of Innocent Children Victims of Aggression is observed on June 4 across the globe for the innocent children life save. This day affirms the United Nation's commitment to preserve the rights of children. The six most common violations are recruitment and use of children in war, killing, sexual violence, abduction, attacks on schools and hospitals, and denial of humanitarian access.

Sudha Singh won a gold medal in the women's 3000 m steeplechase at 21 St Federation Cup National Senior Athletics Championship. She finished over a 100 m ahead of Parul Chaudhary. Sudha Singh is an Indian Olympic athlete participated in the 3000 meters steeplechase event.

World Environment Day (WED) is observed on 5 June to raise global awareness worldwide for the protection of our environment and the planet Earth. The theme for 2017 WED is ‘Connecting People to Nature’. The 2017 Host country is Canada is seeking to use World Environment Day to showcase to the world the beauty of its natural environment on land and water. The celebration of World Environment Day is a global initiative of United Nations Environment Programme (UNEP).

India will launch a rocket the Geosynchronous Satellite Launch Vehicle (GSLV) Mark III. It has a height of 43.43 meters and lift off the mass of 640 tons. It is a three-stage heavy lift launch vehicle developed by ISRO. The vehicle has two solid strap-ons, a core liquid booster, and a cryogenic upper stage. GSLV Mk III is designed to carry 4 ton class of satellites into Geosynchronous Transfer Orbit (GTO) or about 10 tons to Low Earth Orbit (LEO), which is about twice the capability of GSLV Mk II.

Real Madrid became the first team to retain The Union of European Football Associations (UEFA) Champions League title. They defeated Juventus team. Cristiano Ronaldo became the first player in 25 seasons of the Champions League to score goals. This is Madrid's 12th Champion League Title.

The Goods and Service Tax (GST) Council cleared the pending rules, including transition provisions and returns, with all the States agreeing to the July 1 rollout of the tax. Union Finance Minister Arun Jaitley chaired the 15th meeting of the GST Council, which is scheduled to decide on the tax rate of six items, including gold, textiles, footwear. The GST Council last month fitted over 1,200 goods and 500 services in the tax brackets of 5, 12, 18 and 28 per cent.

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    Topics covered in the 5th June 2017 Current Affairs are
  • International News,
  • National News (ie. Indian Affairs),
  • important events associated with Science & Technology, Environment,
  • Bills & Acts Passed by Government,
  • Defence News,
  • About important Persons, Places,
  • Banking & Economical News,
  • Awards & Honours,
  • Sports News,
  • Revolutionary Updates on Arts & Culture,
  • Obituary,
  • Summits & Conference,
  • Important Committee,
  • Schemes,
  • Appointments,
  • Important Days & its Theme for Current as well as upcoming Year,
  • Books & Its Authors,
  • Agreements & MoUs,
  • Budget, Taxes,
  • Various Important Lists & Indexes,
  • Visits by World Presidents, Prime Ministers,
  • Political affairs and all Current News.

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