Education Minister inaugurates National Yoga Olympiad 2022<\/a><\/h3>\n\n\n\n![\"Education](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/06\/download-2022-06-20T145739.193.jpg\")
<\/figure>\n\n\n\nEducation Minister Dharmendra Pradhan has inaugurated National Yoga Olympiad 2022 and quiz competition in New Delhi.<\/p>\n\n\n\n
It is being organized jointly by Ministry of Education and National Council of Educational Research and Training (NCERT). The Olympiad will be participated by about 600 students from 26 states and UTs and Demonstration Multipurpose Schools of Regional Institutions of Education.<\/p>\n\n\n\n
This year\u2019s theme: Yoga For Humanity.<\/p>\n\n\n\n
Justice RP Desai appointed as the Chairperson of Press Council of India<\/a><\/h3>\n\n\n\n![\"Justice](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/06\/download-2022-06-20T145946.641.jpg\")
<\/figure>\n\n\n\nFormer Supreme Court judge Justice Ranjana Prakash Desai (72-years) has been appointed as the Chairperson of Press Council of India<\/p>\n\n\n\n
She succeeded former Supreme Court judge Justice CK Prasad, who held the office from 2014 to 2022. She became the first women chairperson of Press Council of India. She was a judge of the Supreme Court from 2011 to 2014. She also headed the Delimitation Commission on J&K<\/p>\n\n\n\n
PCI: statutory regulatory watchdog of the press, founded in 1966<\/p>\n\n\n\n
India ranked 3rd in REN21\u2019s renewables 2022 global status report<\/a><\/h3>\n\n\n\n![\"India](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/06\/download-2022-06-20T150152.849.jpg\")
<\/figure>\n\n\n\nIndia ranked third in the REN21 Renewables 2022 Global Status Report (GSR 2022) globally. India\u2019s total renewable power capacity additions in 2021 was 15.4 GW<\/p>\n\n\n\n
Top performer of the report: China (136 GW) and US (43 GW). India installed 843 MW of hydropower capacity in 2021, brings the overall capacity to 45.3 GW,<\/p>\n\n\n\n
India was the 2nd-largest market for new solar PV capacity in Asia and for the first time, it surpassed Germany (59.2 GW) in total installations (60.4 GW).<\/p>\n\n\n\n
World\u2019s biggest plant discovered off Australian coast <\/a><\/h3>\n\n\n\n![\"World\u2019s](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/06\/download-2022-06-20T150402.231.jpg\")
<\/figure>\n\n\n\nThe world\u2019s largest living plant has been identified in the shallow waters off the coast of Western Australia. The sprawling seagrass, a marine flowering plant known as Posidonia australis, stretches for more than 112 miles (180 kilometers) in Shark Bay, a wilderness area protected as a World Heritage site.<\/p>\n\n\n\n
Using genetic testing, scientists have determined a large underwater meadow in Western Australia is in fact one plant. It is believed to have spread from a single seed over at least 4,500 years. The seagrass covers about 200 sq km.<\/p>\n\n\n\n
Static\/Current Takeaways Important For All Exam 2022:<\/strong><\/p>\n\n\n\nAustralia Prime minister: Anthony Albanese;<\/p>\n\n\n\n
Australia Capital: Canberra;<\/p>\n\n\n\n
Australia Currency: Australian dollar.<\/p>\n\n\n\n
Sustainable Gastronomy Day 2022 observed on 18 June <\/a><\/h3>\n\n\n\n![\"Sustainable](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/06\/download-2022-06-20T150548.372.jpg\")
<\/figure>\n\n\n\nEvery year, the world observes Sustainable Gastronomy Day on 18 June. The objective of this day is to recognise the practices associated with sustainable food consumption, especially with the art of collecting and preparing the food we eat.<\/p>\n\n\n\n
To make this day a memorable one, the organisations work in collaboration with global and regional bodies to observe the day.<\/p>\n\n\n\n
The day was recognised on 21 December 2016 after the United Nations General Assembly (UNGA) adopted the resolution A\/RES\/71\/246, and declared 18 June as Sustainable Gastronomy Day.<\/p>\n\n\n\n
Every year, UNGA, Food and Agriculture Organization (FAO), and United Nations Educational, Scientific and Cultural Organization (UNESCO) work together to ensure that the day is celebrated properly around the world.<\/p>\n\n\n\n
International Picnic Day 2022: 18th June <\/a><\/h3>\n\n\n\n![\"International](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/06\/download-2022-06-20T150731.369.jpg\")
<\/figure>\n\n\n\nInternational Picnic Day is celebrated annually on 18 June. On this day, people spend time with their loved ones and go for picnics to get a break from their monotonous everyday routine.<\/p>\n\n\n\n
A picnic is a very good way to not only spend some quality time but also explore new feast spots. The word \u201cpicnic\u201d probably gets its origins from the French language, specifically from the word \u201cpique-nique\u201d.<\/p>\n\n\n\n
It is believed that this type of informal outdoor meal became a popular pastime in France after the French Revolution in the mid-1800s when it was possible again to get out into the country\u2019s royal parks.<\/p>\n\n\n\n
International Day for Countering Hate Speech: 18 June <\/a><\/h3>\n\n\n\n![\"International](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/06\/download-2022-06-20T150917.590.jpg\")
<\/figure>\n\n\n\nInternational Day for Countering Hate Speech falls on June 18. According to the UN, hate speech is any kind of speech or writing that attacks or discriminates against a person or a group based on religion, ethnicity, nationality, race, color, descent, gender, or any other identity factor.<\/p>\n\n\n\n
Speech should not be a weapon for creating more mayhem in this volatile world; thus, the International Day for Countering Hate Speech will help to stop hate-mongering.<\/p>\n\n\n\n
Govt establishes 10% quota for Agniveers, alters upper age limit <\/a><\/h3>\n\n\n\n![\"Govt](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/06\/download-2022-06-20T151045.615.jpg\")
<\/figure>\n\n\n\nFollowing widespread opposition to the Agnipath plan, the Centre announced a 10% reservation for Agniveers in the Central Armed Police Forces (CAPF) and Assam Rifles recruitment.<\/p>\n\n\n\n
The Ministry of Home Affairs also decided to grant a three-year age relaxation to Agniveers in the CAPFs and Assam Rifles who are between the ages of 17.5 and 21. Notably, the initial class of recruits will be given a five-year extension on the maximum age limit.<\/p>\n\n\n\n
The Agnipath short-term recruitment strategy for the armed forces was previously announced by the Centre. The plan, which is intended to be a reformative step, attempts to infuse more fresh blood into the three services.<\/p>\n\n\n\n
RBI raises limit of e-mandates for transactions up to Rs 15,000 <\/a><\/h3>\n\n\n\n![\"RBI](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/06\/download-2022-06-20T151215.536.jpg\")
<\/figure>\n\n\n\nThe Reserve Bank of India (RBI) has raised the Additional Factor of Authentication (AFA) limit from Rs 5,000 to Rs 15,000 per transaction for e-mandates on cards, Prepaid Payment Instruments (PPIs) and Unified Payments Interface (UPI) for recurring transactions.<\/p>\n\n\n\n
It implies, additional authentication will not be need for payment of Rs 15,000 per transaction.<\/p>\n\n\n\n
The Reserve Bank of India (RBI) has, over the past decade, put in place various safety and security measures for card payments, including the requirement of AFA, especially for \u2018card-not-present\u2019 transactions.<\/p>\n\n\n\n
Piyush Goyal: After several years, India able to win favourable WTO outcome<\/a><\/h3>\n\n\n\n![\"Piyush](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/06\/download-2022-06-20T151407.786.jpg\")
<\/figure>\n\n\n\nDespite a strong global campaign against Indian farmers and fishermen, India was able to secure a favourable outcome at the WTO after many years, commerce and industry minister Piyush Goyal told the media after the conclusion of the 12th ministerial conference \u2014 the WTO (World Trade Organisation)\u2018s highest decision-making body .<\/p>\n\n\n\n
Piyush Goyal described the conference as a \u2018outcome-oriented success\u2019, saying the Indian team, led by Prime Minister Narendra Modi, was \u201c100% successful\u201d in expressing the top concerns for India and the developing nations to the world.<\/p>\n\n\n\n
Since 1980s, world\u2019s central banks launch their most hawkish campaign <\/a><\/h3>\n\n\n\nCentral bankers around the world are enacting what could be the most dramatic tightening of monetary policy since the 1980s, risking recessions and upsetting financial markets as they try to deal with an unexpected spike in inflation.<\/p>\n\n\n\n
The week began with a surprise move on Wall Street to price in a Federal Reserve rate hike of 75 basis points. Chairman Jerome Powell declared himself fully committed to bringing inflation back down, the greatest step by the US central bank since 1994.<\/p>\n\n\n\n
Switzerland surprisingly boosted rates, while the Bank of England raised rates for the fifth time, this time by 25 basis points, and indicated that it will soon double the rate.<\/p>\n\n\n\n
The bond market\u2019s reaction to the coordinated removal of stimulus was so ferocious that the European Central Bank called an emergency meeting on Wednesday to address rising yields in some euro-zone countries.<\/p>\n\n\n\n
Ministerial meeting on GST rationalisation fails to reach agreement <\/a><\/h3>\n\n\n\n![\"Ministerial](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/06\/download-2022-06-20T151734.230.jpg\")
<\/figure>\n\n\n\nAccording to insiders, a group of state ministers working on GST rate rationalisation was unable to achieve an agreement because some members were opposed to modifications to tax slabs and rates.<\/p>\n\n\n\n
They stated that the Group of Ministers will provide a status report to the GST Council on the consensus reached at the Group of Minister\u2019s previous meeting on November 20, 2021.<\/p>\n\n\n\n
<\/figure>\n\n\n\nEducation Minister Dharmendra Pradhan has inaugurated National Yoga Olympiad 2022 and quiz competition in New Delhi.<\/p>\n\n\n\n
It is being organized jointly by Ministry of Education and National Council of Educational Research and Training (NCERT). The Olympiad will be participated by about 600 students from 26 states and UTs and Demonstration Multipurpose Schools of Regional Institutions of Education.<\/p>\n\n\n\n
This year\u2019s theme: Yoga For Humanity.<\/p>\n\n\n\n
Justice RP Desai appointed as the Chairperson of Press Council of India<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nFormer Supreme Court judge Justice Ranjana Prakash Desai (72-years) has been appointed as the Chairperson of Press Council of India<\/p>\n\n\n\n
She succeeded former Supreme Court judge Justice CK Prasad, who held the office from 2014 to 2022. She became the first women chairperson of Press Council of India. She was a judge of the Supreme Court from 2011 to 2014. She also headed the Delimitation Commission on J&K<\/p>\n\n\n\n
PCI: statutory regulatory watchdog of the press, founded in 1966<\/p>\n\n\n\n
India ranked 3rd in REN21\u2019s renewables 2022 global status report<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nIndia ranked third in the REN21 Renewables 2022 Global Status Report (GSR 2022) globally. India\u2019s total renewable power capacity additions in 2021 was 15.4 GW<\/p>\n\n\n\n
Top performer of the report: China (136 GW) and US (43 GW). India installed 843 MW of hydropower capacity in 2021, brings the overall capacity to 45.3 GW,<\/p>\n\n\n\n
India was the 2nd-largest market for new solar PV capacity in Asia and for the first time, it surpassed Germany (59.2 GW) in total installations (60.4 GW).<\/p>\n\n\n\n
World\u2019s biggest plant discovered off Australian coast <\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nThe world\u2019s largest living plant has been identified in the shallow waters off the coast of Western Australia. The sprawling seagrass, a marine flowering plant known as Posidonia australis, stretches for more than 112 miles (180 kilometers) in Shark Bay, a wilderness area protected as a World Heritage site.<\/p>\n\n\n\n
Using genetic testing, scientists have determined a large underwater meadow in Western Australia is in fact one plant. It is believed to have spread from a single seed over at least 4,500 years. The seagrass covers about 200 sq km.<\/p>\n\n\n\n
Static\/Current Takeaways Important For All Exam 2022:<\/strong><\/p>\n\n\n\nAustralia Prime minister: Anthony Albanese;<\/p>\n\n\n\n
Australia Capital: Canberra;<\/p>\n\n\n\n
Australia Currency: Australian dollar.<\/p>\n\n\n\n
Sustainable Gastronomy Day 2022 observed on 18 June <\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nEvery year, the world observes Sustainable Gastronomy Day on 18 June. The objective of this day is to recognise the practices associated with sustainable food consumption, especially with the art of collecting and preparing the food we eat.<\/p>\n\n\n\n
To make this day a memorable one, the organisations work in collaboration with global and regional bodies to observe the day.<\/p>\n\n\n\n
The day was recognised on 21 December 2016 after the United Nations General Assembly (UNGA) adopted the resolution A\/RES\/71\/246, and declared 18 June as Sustainable Gastronomy Day.<\/p>\n\n\n\n
Every year, UNGA, Food and Agriculture Organization (FAO), and United Nations Educational, Scientific and Cultural Organization (UNESCO) work together to ensure that the day is celebrated properly around the world.<\/p>\n\n\n\n
International Picnic Day 2022: 18th June <\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nInternational Picnic Day is celebrated annually on 18 June. On this day, people spend time with their loved ones and go for picnics to get a break from their monotonous everyday routine.<\/p>\n\n\n\n
A picnic is a very good way to not only spend some quality time but also explore new feast spots. The word \u201cpicnic\u201d probably gets its origins from the French language, specifically from the word \u201cpique-nique\u201d.<\/p>\n\n\n\n
It is believed that this type of informal outdoor meal became a popular pastime in France after the French Revolution in the mid-1800s when it was possible again to get out into the country\u2019s royal parks.<\/p>\n\n\n\n
International Day for Countering Hate Speech: 18 June <\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nInternational Day for Countering Hate Speech falls on June 18. According to the UN, hate speech is any kind of speech or writing that attacks or discriminates against a person or a group based on religion, ethnicity, nationality, race, color, descent, gender, or any other identity factor.<\/p>\n\n\n\n
Speech should not be a weapon for creating more mayhem in this volatile world; thus, the International Day for Countering Hate Speech will help to stop hate-mongering.<\/p>\n\n\n\n
Govt establishes 10% quota for Agniveers, alters upper age limit <\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nFollowing widespread opposition to the Agnipath plan, the Centre announced a 10% reservation for Agniveers in the Central Armed Police Forces (CAPF) and Assam Rifles recruitment.<\/p>\n\n\n\n
The Ministry of Home Affairs also decided to grant a three-year age relaxation to Agniveers in the CAPFs and Assam Rifles who are between the ages of 17.5 and 21. Notably, the initial class of recruits will be given a five-year extension on the maximum age limit.<\/p>\n\n\n\n
The Agnipath short-term recruitment strategy for the armed forces was previously announced by the Centre. The plan, which is intended to be a reformative step, attempts to infuse more fresh blood into the three services.<\/p>\n\n\n\n
RBI raises limit of e-mandates for transactions up to Rs 15,000 <\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nThe Reserve Bank of India (RBI) has raised the Additional Factor of Authentication (AFA) limit from Rs 5,000 to Rs 15,000 per transaction for e-mandates on cards, Prepaid Payment Instruments (PPIs) and Unified Payments Interface (UPI) for recurring transactions.<\/p>\n\n\n\n
It implies, additional authentication will not be need for payment of Rs 15,000 per transaction.<\/p>\n\n\n\n
The Reserve Bank of India (RBI) has, over the past decade, put in place various safety and security measures for card payments, including the requirement of AFA, especially for \u2018card-not-present\u2019 transactions.<\/p>\n\n\n\n
Piyush Goyal: After several years, India able to win favourable WTO outcome<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nDespite a strong global campaign against Indian farmers and fishermen, India was able to secure a favourable outcome at the WTO after many years, commerce and industry minister Piyush Goyal told the media after the conclusion of the 12th ministerial conference \u2014 the WTO (World Trade Organisation)\u2018s highest decision-making body .<\/p>\n\n\n\n
Piyush Goyal described the conference as a \u2018outcome-oriented success\u2019, saying the Indian team, led by Prime Minister Narendra Modi, was \u201c100% successful\u201d in expressing the top concerns for India and the developing nations to the world.<\/p>\n\n\n\n
Since 1980s, world\u2019s central banks launch their most hawkish campaign <\/a><\/h3>\n\n\n\nCentral bankers around the world are enacting what could be the most dramatic tightening of monetary policy since the 1980s, risking recessions and upsetting financial markets as they try to deal with an unexpected spike in inflation.<\/p>\n\n\n\n
The week began with a surprise move on Wall Street to price in a Federal Reserve rate hike of 75 basis points. Chairman Jerome Powell declared himself fully committed to bringing inflation back down, the greatest step by the US central bank since 1994.<\/p>\n\n\n\n
Switzerland surprisingly boosted rates, while the Bank of England raised rates for the fifth time, this time by 25 basis points, and indicated that it will soon double the rate.<\/p>\n\n\n\n
The bond market\u2019s reaction to the coordinated removal of stimulus was so ferocious that the European Central Bank called an emergency meeting on Wednesday to address rising yields in some euro-zone countries.<\/p>\n\n\n\n
Ministerial meeting on GST rationalisation fails to reach agreement <\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nAccording to insiders, a group of state ministers working on GST rate rationalisation was unable to achieve an agreement because some members were opposed to modifications to tax slabs and rates.<\/p>\n\n\n\n
They stated that the Group of Ministers will provide a status report to the GST Council on the consensus reached at the Group of Minister\u2019s previous meeting on November 20, 2021.<\/p>\n\n\n\n
<\/figure>\n\n\n\nFormer Supreme Court judge Justice Ranjana Prakash Desai (72-years) has been appointed as the Chairperson of Press Council of India<\/p>\n\n\n\n
She succeeded former Supreme Court judge Justice CK Prasad, who held the office from 2014 to 2022. She became the first women chairperson of Press Council of India. She was a judge of the Supreme Court from 2011 to 2014. She also headed the Delimitation Commission on J&K<\/p>\n\n\n\n
PCI: statutory regulatory watchdog of the press, founded in 1966<\/p>\n\n\n\n
India ranked 3rd in REN21\u2019s renewables 2022 global status report<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nIndia ranked third in the REN21 Renewables 2022 Global Status Report (GSR 2022) globally. India\u2019s total renewable power capacity additions in 2021 was 15.4 GW<\/p>\n\n\n\n
Top performer of the report: China (136 GW) and US (43 GW). India installed 843 MW of hydropower capacity in 2021, brings the overall capacity to 45.3 GW,<\/p>\n\n\n\n
India was the 2nd-largest market for new solar PV capacity in Asia and for the first time, it surpassed Germany (59.2 GW) in total installations (60.4 GW).<\/p>\n\n\n\n
World\u2019s biggest plant discovered off Australian coast <\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nThe world\u2019s largest living plant has been identified in the shallow waters off the coast of Western Australia. The sprawling seagrass, a marine flowering plant known as Posidonia australis, stretches for more than 112 miles (180 kilometers) in Shark Bay, a wilderness area protected as a World Heritage site.<\/p>\n\n\n\n
Using genetic testing, scientists have determined a large underwater meadow in Western Australia is in fact one plant. It is believed to have spread from a single seed over at least 4,500 years. The seagrass covers about 200 sq km.<\/p>\n\n\n\n
Static\/Current Takeaways Important For All Exam 2022:<\/strong><\/p>\n\n\n\nAustralia Prime minister: Anthony Albanese;<\/p>\n\n\n\n
Australia Capital: Canberra;<\/p>\n\n\n\n
Australia Currency: Australian dollar.<\/p>\n\n\n\n
Sustainable Gastronomy Day 2022 observed on 18 June <\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nEvery year, the world observes Sustainable Gastronomy Day on 18 June. The objective of this day is to recognise the practices associated with sustainable food consumption, especially with the art of collecting and preparing the food we eat.<\/p>\n\n\n\n
To make this day a memorable one, the organisations work in collaboration with global and regional bodies to observe the day.<\/p>\n\n\n\n
The day was recognised on 21 December 2016 after the United Nations General Assembly (UNGA) adopted the resolution A\/RES\/71\/246, and declared 18 June as Sustainable Gastronomy Day.<\/p>\n\n\n\n
Every year, UNGA, Food and Agriculture Organization (FAO), and United Nations Educational, Scientific and Cultural Organization (UNESCO) work together to ensure that the day is celebrated properly around the world.<\/p>\n\n\n\n
International Picnic Day 2022: 18th June <\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nInternational Picnic Day is celebrated annually on 18 June. On this day, people spend time with their loved ones and go for picnics to get a break from their monotonous everyday routine.<\/p>\n\n\n\n
A picnic is a very good way to not only spend some quality time but also explore new feast spots. The word \u201cpicnic\u201d probably gets its origins from the French language, specifically from the word \u201cpique-nique\u201d.<\/p>\n\n\n\n
It is believed that this type of informal outdoor meal became a popular pastime in France after the French Revolution in the mid-1800s when it was possible again to get out into the country\u2019s royal parks.<\/p>\n\n\n\n
International Day for Countering Hate Speech: 18 June <\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nInternational Day for Countering Hate Speech falls on June 18. According to the UN, hate speech is any kind of speech or writing that attacks or discriminates against a person or a group based on religion, ethnicity, nationality, race, color, descent, gender, or any other identity factor.<\/p>\n\n\n\n
Speech should not be a weapon for creating more mayhem in this volatile world; thus, the International Day for Countering Hate Speech will help to stop hate-mongering.<\/p>\n\n\n\n
Govt establishes 10% quota for Agniveers, alters upper age limit <\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nFollowing widespread opposition to the Agnipath plan, the Centre announced a 10% reservation for Agniveers in the Central Armed Police Forces (CAPF) and Assam Rifles recruitment.<\/p>\n\n\n\n
The Ministry of Home Affairs also decided to grant a three-year age relaxation to Agniveers in the CAPFs and Assam Rifles who are between the ages of 17.5 and 21. Notably, the initial class of recruits will be given a five-year extension on the maximum age limit.<\/p>\n\n\n\n
The Agnipath short-term recruitment strategy for the armed forces was previously announced by the Centre. The plan, which is intended to be a reformative step, attempts to infuse more fresh blood into the three services.<\/p>\n\n\n\n
RBI raises limit of e-mandates for transactions up to Rs 15,000 <\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nThe Reserve Bank of India (RBI) has raised the Additional Factor of Authentication (AFA) limit from Rs 5,000 to Rs 15,000 per transaction for e-mandates on cards, Prepaid Payment Instruments (PPIs) and Unified Payments Interface (UPI) for recurring transactions.<\/p>\n\n\n\n
It implies, additional authentication will not be need for payment of Rs 15,000 per transaction.<\/p>\n\n\n\n
The Reserve Bank of India (RBI) has, over the past decade, put in place various safety and security measures for card payments, including the requirement of AFA, especially for \u2018card-not-present\u2019 transactions.<\/p>\n\n\n\n
Piyush Goyal: After several years, India able to win favourable WTO outcome<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nDespite a strong global campaign against Indian farmers and fishermen, India was able to secure a favourable outcome at the WTO after many years, commerce and industry minister Piyush Goyal told the media after the conclusion of the 12th ministerial conference \u2014 the WTO (World Trade Organisation)\u2018s highest decision-making body .<\/p>\n\n\n\n
Piyush Goyal described the conference as a \u2018outcome-oriented success\u2019, saying the Indian team, led by Prime Minister Narendra Modi, was \u201c100% successful\u201d in expressing the top concerns for India and the developing nations to the world.<\/p>\n\n\n\n
Since 1980s, world\u2019s central banks launch their most hawkish campaign <\/a><\/h3>\n\n\n\nCentral bankers around the world are enacting what could be the most dramatic tightening of monetary policy since the 1980s, risking recessions and upsetting financial markets as they try to deal with an unexpected spike in inflation.<\/p>\n\n\n\n
The week began with a surprise move on Wall Street to price in a Federal Reserve rate hike of 75 basis points. Chairman Jerome Powell declared himself fully committed to bringing inflation back down, the greatest step by the US central bank since 1994.<\/p>\n\n\n\n
Switzerland surprisingly boosted rates, while the Bank of England raised rates for the fifth time, this time by 25 basis points, and indicated that it will soon double the rate.<\/p>\n\n\n\n
The bond market\u2019s reaction to the coordinated removal of stimulus was so ferocious that the European Central Bank called an emergency meeting on Wednesday to address rising yields in some euro-zone countries.<\/p>\n\n\n\n
Ministerial meeting on GST rationalisation fails to reach agreement <\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nAccording to insiders, a group of state ministers working on GST rate rationalisation was unable to achieve an agreement because some members were opposed to modifications to tax slabs and rates.<\/p>\n\n\n\n
They stated that the Group of Ministers will provide a status report to the GST Council on the consensus reached at the Group of Minister\u2019s previous meeting on November 20, 2021.<\/p>\n\n\n\n
<\/figure>\n\n\n\nIndia ranked third in the REN21 Renewables 2022 Global Status Report (GSR 2022) globally. India\u2019s total renewable power capacity additions in 2021 was 15.4 GW<\/p>\n\n\n\n
Top performer of the report: China (136 GW) and US (43 GW). India installed 843 MW of hydropower capacity in 2021, brings the overall capacity to 45.3 GW,<\/p>\n\n\n\n
India was the 2nd-largest market for new solar PV capacity in Asia and for the first time, it surpassed Germany (59.2 GW) in total installations (60.4 GW).<\/p>\n\n\n\n
World\u2019s biggest plant discovered off Australian coast <\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nThe world\u2019s largest living plant has been identified in the shallow waters off the coast of Western Australia. The sprawling seagrass, a marine flowering plant known as Posidonia australis, stretches for more than 112 miles (180 kilometers) in Shark Bay, a wilderness area protected as a World Heritage site.<\/p>\n\n\n\n
Using genetic testing, scientists have determined a large underwater meadow in Western Australia is in fact one plant. It is believed to have spread from a single seed over at least 4,500 years. The seagrass covers about 200 sq km.<\/p>\n\n\n\n
Static\/Current Takeaways Important For All Exam 2022:<\/strong><\/p>\n\n\n\nAustralia Prime minister: Anthony Albanese;<\/p>\n\n\n\n
Australia Capital: Canberra;<\/p>\n\n\n\n
Australia Currency: Australian dollar.<\/p>\n\n\n\n
Sustainable Gastronomy Day 2022 observed on 18 June <\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nEvery year, the world observes Sustainable Gastronomy Day on 18 June. The objective of this day is to recognise the practices associated with sustainable food consumption, especially with the art of collecting and preparing the food we eat.<\/p>\n\n\n\n
To make this day a memorable one, the organisations work in collaboration with global and regional bodies to observe the day.<\/p>\n\n\n\n
The day was recognised on 21 December 2016 after the United Nations General Assembly (UNGA) adopted the resolution A\/RES\/71\/246, and declared 18 June as Sustainable Gastronomy Day.<\/p>\n\n\n\n
Every year, UNGA, Food and Agriculture Organization (FAO), and United Nations Educational, Scientific and Cultural Organization (UNESCO) work together to ensure that the day is celebrated properly around the world.<\/p>\n\n\n\n
International Picnic Day 2022: 18th June <\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nInternational Picnic Day is celebrated annually on 18 June. On this day, people spend time with their loved ones and go for picnics to get a break from their monotonous everyday routine.<\/p>\n\n\n\n
A picnic is a very good way to not only spend some quality time but also explore new feast spots. The word \u201cpicnic\u201d probably gets its origins from the French language, specifically from the word \u201cpique-nique\u201d.<\/p>\n\n\n\n
It is believed that this type of informal outdoor meal became a popular pastime in France after the French Revolution in the mid-1800s when it was possible again to get out into the country\u2019s royal parks.<\/p>\n\n\n\n
International Day for Countering Hate Speech: 18 June <\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nInternational Day for Countering Hate Speech falls on June 18. According to the UN, hate speech is any kind of speech or writing that attacks or discriminates against a person or a group based on religion, ethnicity, nationality, race, color, descent, gender, or any other identity factor.<\/p>\n\n\n\n
Speech should not be a weapon for creating more mayhem in this volatile world; thus, the International Day for Countering Hate Speech will help to stop hate-mongering.<\/p>\n\n\n\n
Govt establishes 10% quota for Agniveers, alters upper age limit <\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nFollowing widespread opposition to the Agnipath plan, the Centre announced a 10% reservation for Agniveers in the Central Armed Police Forces (CAPF) and Assam Rifles recruitment.<\/p>\n\n\n\n
The Ministry of Home Affairs also decided to grant a three-year age relaxation to Agniveers in the CAPFs and Assam Rifles who are between the ages of 17.5 and 21. Notably, the initial class of recruits will be given a five-year extension on the maximum age limit.<\/p>\n\n\n\n
The Agnipath short-term recruitment strategy for the armed forces was previously announced by the Centre. The plan, which is intended to be a reformative step, attempts to infuse more fresh blood into the three services.<\/p>\n\n\n\n
RBI raises limit of e-mandates for transactions up to Rs 15,000 <\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nThe Reserve Bank of India (RBI) has raised the Additional Factor of Authentication (AFA) limit from Rs 5,000 to Rs 15,000 per transaction for e-mandates on cards, Prepaid Payment Instruments (PPIs) and Unified Payments Interface (UPI) for recurring transactions.<\/p>\n\n\n\n
It implies, additional authentication will not be need for payment of Rs 15,000 per transaction.<\/p>\n\n\n\n
The Reserve Bank of India (RBI) has, over the past decade, put in place various safety and security measures for card payments, including the requirement of AFA, especially for \u2018card-not-present\u2019 transactions.<\/p>\n\n\n\n
Piyush Goyal: After several years, India able to win favourable WTO outcome<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nDespite a strong global campaign against Indian farmers and fishermen, India was able to secure a favourable outcome at the WTO after many years, commerce and industry minister Piyush Goyal told the media after the conclusion of the 12th ministerial conference \u2014 the WTO (World Trade Organisation)\u2018s highest decision-making body .<\/p>\n\n\n\n
Piyush Goyal described the conference as a \u2018outcome-oriented success\u2019, saying the Indian team, led by Prime Minister Narendra Modi, was \u201c100% successful\u201d in expressing the top concerns for India and the developing nations to the world.<\/p>\n\n\n\n
Since 1980s, world\u2019s central banks launch their most hawkish campaign <\/a><\/h3>\n\n\n\nCentral bankers around the world are enacting what could be the most dramatic tightening of monetary policy since the 1980s, risking recessions and upsetting financial markets as they try to deal with an unexpected spike in inflation.<\/p>\n\n\n\n
The week began with a surprise move on Wall Street to price in a Federal Reserve rate hike of 75 basis points. Chairman Jerome Powell declared himself fully committed to bringing inflation back down, the greatest step by the US central bank since 1994.<\/p>\n\n\n\n
Switzerland surprisingly boosted rates, while the Bank of England raised rates for the fifth time, this time by 25 basis points, and indicated that it will soon double the rate.<\/p>\n\n\n\n
The bond market\u2019s reaction to the coordinated removal of stimulus was so ferocious that the European Central Bank called an emergency meeting on Wednesday to address rising yields in some euro-zone countries.<\/p>\n\n\n\n
Ministerial meeting on GST rationalisation fails to reach agreement <\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nAccording to insiders, a group of state ministers working on GST rate rationalisation was unable to achieve an agreement because some members were opposed to modifications to tax slabs and rates.<\/p>\n\n\n\n
They stated that the Group of Ministers will provide a status report to the GST Council on the consensus reached at the Group of Minister\u2019s previous meeting on November 20, 2021.<\/p>\n\n\n\n
<\/figure>\n\n\n\nThe world\u2019s largest living plant has been identified in the shallow waters off the coast of Western Australia. The sprawling seagrass, a marine flowering plant known as Posidonia australis, stretches for more than 112 miles (180 kilometers) in Shark Bay, a wilderness area protected as a World Heritage site.<\/p>\n\n\n\n
Using genetic testing, scientists have determined a large underwater meadow in Western Australia is in fact one plant. It is believed to have spread from a single seed over at least 4,500 years. The seagrass covers about 200 sq km.<\/p>\n\n\n\n
Static\/Current Takeaways Important For All Exam 2022:<\/strong><\/p>\n\n\n\n Australia Prime minister: Anthony Albanese;<\/p>\n\n\n\n Australia Capital: Canberra;<\/p>\n\n\n\n Australia Currency: Australian dollar.<\/p>\n\n\n\n Every year, the world observes Sustainable Gastronomy Day on 18 June. The objective of this day is to recognise the practices associated with sustainable food consumption, especially with the art of collecting and preparing the food we eat.<\/p>\n\n\n\n To make this day a memorable one, the organisations work in collaboration with global and regional bodies to observe the day.<\/p>\n\n\n\n The day was recognised on 21 December 2016 after the United Nations General Assembly (UNGA) adopted the resolution A\/RES\/71\/246, and declared 18 June as Sustainable Gastronomy Day.<\/p>\n\n\n\n Every year, UNGA, Food and Agriculture Organization (FAO), and United Nations Educational, Scientific and Cultural Organization (UNESCO) work together to ensure that the day is celebrated properly around the world.<\/p>\n\n\n\n International Picnic Day is celebrated annually on 18 June. On this day, people spend time with their loved ones and go for picnics to get a break from their monotonous everyday routine.<\/p>\n\n\n\n A picnic is a very good way to not only spend some quality time but also explore new feast spots. The word \u201cpicnic\u201d probably gets its origins from the French language, specifically from the word \u201cpique-nique\u201d.<\/p>\n\n\n\n It is believed that this type of informal outdoor meal became a popular pastime in France after the French Revolution in the mid-1800s when it was possible again to get out into the country\u2019s royal parks.<\/p>\n\n\n\n International Day for Countering Hate Speech falls on June 18. According to the UN, hate speech is any kind of speech or writing that attacks or discriminates against a person or a group based on religion, ethnicity, nationality, race, color, descent, gender, or any other identity factor.<\/p>\n\n\n\n Speech should not be a weapon for creating more mayhem in this volatile world; thus, the International Day for Countering Hate Speech will help to stop hate-mongering.<\/p>\n\n\n\n Following widespread opposition to the Agnipath plan, the Centre announced a 10% reservation for Agniveers in the Central Armed Police Forces (CAPF) and Assam Rifles recruitment.<\/p>\n\n\n\n The Ministry of Home Affairs also decided to grant a three-year age relaxation to Agniveers in the CAPFs and Assam Rifles who are between the ages of 17.5 and 21. Notably, the initial class of recruits will be given a five-year extension on the maximum age limit.<\/p>\n\n\n\n The Agnipath short-term recruitment strategy for the armed forces was previously announced by the Centre. The plan, which is intended to be a reformative step, attempts to infuse more fresh blood into the three services.<\/p>\n\n\n\n The Reserve Bank of India (RBI) has raised the Additional Factor of Authentication (AFA) limit from Rs 5,000 to Rs 15,000 per transaction for e-mandates on cards, Prepaid Payment Instruments (PPIs) and Unified Payments Interface (UPI) for recurring transactions.<\/p>\n\n\n\n It implies, additional authentication will not be need for payment of Rs 15,000 per transaction.<\/p>\n\n\n\n The Reserve Bank of India (RBI) has, over the past decade, put in place various safety and security measures for card payments, including the requirement of AFA, especially for \u2018card-not-present\u2019 transactions.<\/p>\n\n\n\n Despite a strong global campaign against Indian farmers and fishermen, India was able to secure a favourable outcome at the WTO after many years, commerce and industry minister Piyush Goyal told the media after the conclusion of the 12th ministerial conference \u2014 the WTO (World Trade Organisation)\u2018s highest decision-making body .<\/p>\n\n\n\n Piyush Goyal described the conference as a \u2018outcome-oriented success\u2019, saying the Indian team, led by Prime Minister Narendra Modi, was \u201c100% successful\u201d in expressing the top concerns for India and the developing nations to the world.<\/p>\n\n\n\n Central bankers around the world are enacting what could be the most dramatic tightening of monetary policy since the 1980s, risking recessions and upsetting financial markets as they try to deal with an unexpected spike in inflation.<\/p>\n\n\n\n The week began with a surprise move on Wall Street to price in a Federal Reserve rate hike of 75 basis points. Chairman Jerome Powell declared himself fully committed to bringing inflation back down, the greatest step by the US central bank since 1994.<\/p>\n\n\n\n Switzerland surprisingly boosted rates, while the Bank of England raised rates for the fifth time, this time by 25 basis points, and indicated that it will soon double the rate.<\/p>\n\n\n\n The bond market\u2019s reaction to the coordinated removal of stimulus was so ferocious that the European Central Bank called an emergency meeting on Wednesday to address rising yields in some euro-zone countries.<\/p>\n\n\n\n According to insiders, a group of state ministers working on GST rate rationalisation was unable to achieve an agreement because some members were opposed to modifications to tax slabs and rates.<\/p>\n\n\n\n They stated that the Group of Ministers will provide a status report to the GST Council on the consensus reached at the Group of Minister\u2019s previous meeting on November 20, 2021.<\/p>\n\n\n\nSustainable Gastronomy Day 2022 observed on 18 June <\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nInternational Picnic Day 2022: 18th June <\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nInternational Day for Countering Hate Speech: 18 June <\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nGovt establishes 10% quota for Agniveers, alters upper age limit <\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nRBI raises limit of e-mandates for transactions up to Rs 15,000 <\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nPiyush Goyal: After several years, India able to win favourable WTO outcome<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nSince 1980s, world\u2019s central banks launch their most hawkish campaign <\/a><\/h3>\n\n\n\n
Ministerial meeting on GST rationalisation fails to reach agreement <\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\n
![\"Hamza](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/06\/download-2022-06-20T151912.388.jpg\")
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