1.International Affairs

India participates in 32nd virtual EAG meet

1 21 Daily Current Affairs Update | 24 June 2020

EAG stands for Eurasian Group on Combating Money Laundering and Financing of Terrorism

It is a nine member regional body.

Its members are India, Russia, China, Kazakhstan, Turkmenistan, Uzbekistan, Belarus, Kyrgyzstan and Tajikistan.

Quick Fact: EAG headquarters is in Moscow, Russia

2.Person in News

Child Welfare pioneer Vidyaben Shah passes away

2 20 Daily Current Affairs Update | 24 June 2020

Vidyaben Shah was a pioneer in the field of child welfare. She had created the first Bal Bhavan in Rajkot in the 1940s. 

She had been awarded the Padma Shri as well as a National Award for her work as a social activist

She was also the first non-official head of New Delhi Municipal Council in the 1970s

3.Government Schemes

‘Decarbonising Transport in India’ project to be launched by NITI Aayog 

3 20 Daily Current Affairs Update | 24 June 2020

The project will:

  1. develop a strategy for moving towards a low-carbon transport system in India
  2. design a tailor-made transport emissions assessment framework

It will be launched jointly by NITI Aayog and International Transport Forum (ITF), an intergovernmental organisation for transport policy.

Quick Fact: Young Tae Kim is the Secretary-General of International Transport Forum


Indian Tennis Champion Niki Poonacha elected in ITF Player’s Panel

4 20 Daily Current Affairs Update | 24 June 2020

Niki Poonacha will be representing Asia-Oceania zone in International Tennis Federation’s (ITF) World Tennis Tour Player Panel.

This panel will provide a forum for players to provide their input on various matters

There are overall 6 players in this panel


Reliance Industries Ltd. becomes first Indian firm to reach $150 bn market capitalization

5 21 Daily Current Affairs Update | 24 June 2020

The shares of the company have surged in both BSE and NSE

With $151.2 billion, RIL now has the highest ever valuation of an Indian company

It is now ranked 58 among the world’s most valuable companies.

Quick Fact: RIL is owned by Mukesh Ambani

6.Science and Technology

China launches last satellite of BeiDou Satellite System 3

6 18 Daily Current Affairs Update | 24 June 2020

China has launched the last satellite of its BeiDou Satellite System

This will provide following services like:

  1. Navigation services at a global level
  2. Precise point positioning
  3. Short message communication
  4. International search and rescue operations

Quick Fact: Navigation satellite systems of other countries are: NAVSTAR GPS (US), GLONASS (Russia) and Galileo (European Union)

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