Page-5 of Current Affairs - June, 2017

World's First ATM celebrates its 50th Birthday

June 27, 2017

The world’s first ATM (automated teller machine) celebrates its 50th anniversary. In the past five decades, ATM machines have heralded a transformation in the way people obtained and used cash. Salient Facts The ATM machines were the brainchild of Scottish ..

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EU slaps Google with 2.42 billion euros Fine

June 27, 2017

The European Union’s competition watchdog has fined Google a record 2.42 billion euro for breaching the anti-trust rules by illegally favouring its shopping service. The European Commission regulates EU competition rules. Salient Highlights According to the European regulators, Google has abused its ..

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Kaushik Basu takes over as President of IEA

June 27, 2017

Kaushik Basu has taken over as president of the International Economic Association (IEA). Basu will serve a three-year term as the President. Kaushik Basu has served as India’s chief economic adviser from 2009 to 2012. He has also served as senior vice-president and ..

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BCCI forms Committee to oversee Lodha Panel Reforms

June 27, 2017

The Board of Control for Cricket in India (BCCI) has constituted a special seven-member committee to analyse the few contentious Lodha panel reforms which are being opposed by the state units. Salient Highlights The seven-member Lodha committee has been formed under the ..

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FSSAI issues Draft Regulations for Organic Food Products

June 27, 2017

The Food Safety and Standards Authority of India (FSSAI) has come out with draft regulations for organic food products to ensure the authenticity of organic foods. FSSAI’s guidelines have been prepared in view of rising demand for organic food products. Organic foods ..

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US to declare China among Worst Human Trafficking Offenders

June 27, 2017

The United States is set to declare China as one among the world’s worst offenders on human trafficking in its annual Trafficking in Persons Report. The report will be unveiled by the Secretary of State Rex Tillerson to the US Congress. Salient Highlights The declaration ..

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