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INDIAN AFFAIRS
India joins Hague Code of Conduct against Ballistic Missile Proliferation
India jointly consolidated Hague Code of Conduct in opposition to Ballistic Missile Proliferation which was apprised by HCoC Central Contact which is situated in Vienna.
♦ Delhi has combined with HCOC for elevating India’s membership application towards desired Missile Technology Control Regime (MTCR),
♦ The NSG plenary meeting will be held in Seoul in June 2016.
IIT Kharagpur Research suggests Indus Valley Civilization is 8000 years old
Researchers explained that civilization was much older than about to 8th millennium
Researchers Involved from: Indian Institute of Kharagpur, Institute Archaeology, Deccan College Pune, Physical Research laboratory, Archaeological survey of India.
♦ Climatic conditions was the main reason of Harappan collapse.
♦ Researchers dated potteries of Early Mature Harappan time by a technique called optically stimulated luminescence (OSL)
INTERNATIONAL AFFAIRS
Sweden best country in the world, India ranks 70th: Report
Sweden raised its standard by acclaiming best country in World which is named in the ‘Good Country’ 2015 index.
♦ India positioned at the 70th position among 163 nations.
♦ India’s best ranking of 27 in International peace and security whereas poor ranking of 124 in prosperity and equality category
♦ Libya was ranked as the least “good” country in the world.
BUSINESS
HDFC Ergo buys L&T General Insurance for Rs 551 crore
i. India’s fourth largest private sector general insurer HDFC ERGO General Insurance arm
of mortgage lender HDFC has acquired L&T General Insurance Co. Ltd in an all-cash agreement worth of Rs.551 crore.
ii. HDFC ERGO General Insurance Co. Ltd, the non-life insurance is 51:49 joint venture between housing finance major HDFC and global insurance major ERGO International Germany,
iii. The ERGO is mulling significant cost synergies arising out of business, technology optimization and rationalization of offices.
Tata Trusts, MP government join hands to work in healthcare
i. Tata Trusts and Madhya Pradesh government jointly signed an agreement on implementing interventions in healthcare areas like nutrition, mental health and cancer care in the state.
ii. As part of MoU between the sides, Tata Trusts will also work together with the state government in supervising successful execution of the identified programme.
iii. This partnership aims is to improve the health indicators in areas of cancer, mental health and nutrition in a focus on high-priority districts of Madhya Pradesh.
AWARDS & RECOGNITIONS
Doha Bank CEO Dr. R Seetharaman conferred with 2016 Green Economy Visionary Award
i. Qatar based Doha Bank’s CEO Dr. R Seetharaman has been honoured with the 2016 Green Economy Visionary Award for his contribution in environment-friendly activities and thereby promoting green economy for nearly two decades.
ii. He received the award from Mr. Mohammed Jarrah Al-Sabah, Chairman of Union of Arab Banks at the 2016 Union of Arab Banks (UAB) International Banking Summit held in Rome.
Initiatives by the Bank:
♦ The Bank has promoted paperless banking, Internet Banking, SMS Banking, Phone Banking and ATM Banking as well as online channels such as Doha Souq, E-Remittances and Online Bill Payments.
♦ The bank also launched Green Credit Card and Green Account.
♦ The Bank was incorporated in 1978 and commenced its banking business including its International Banking services in Doha, Qatar in 1979.
APPOINTMENTS
Sree Ramakrishnan elected as Kerala Assembly Speaker
i. Kerala’s Ruling LDF candidate and two-time legislator P Sreeramakrishnan was elected 
as the Speaker of the 14th Assembly of the state.
ii. He has got 92 votes in the 140-member constituency, while UDF leader and Kunnathunadu MLA VP Sajeendran bagged 46 votes. While the pro-term speaker S Sharma of the LDF stayed away from the election.
iii. The new Speaker who has been elected to the Assembly for the second term from Ponnani in Malappuram district of Kerala.
NK Chari is the new State Bank of Mysore MD
i.N.K.Chari took charge as the new Managing Director of State Bank of Mysore. Prior to his new appointment, he was the Deputy Managing Director of State Bank of India with an immediate effect from 30th May.
ii. Chari had served as the Chief Operating Officer in National Banking Group of State Bank of India. He has also headed the Mid Corporate Vertical of State Bank of India.
N.K.Chari:
iii. Chari was a Master Graduate in commerce from Delhi University, joined State Bank of India as a Probationary Officer in 1978.
iv. He has also served as the Managing Director of Nepal SBI Bank for four years stint.
State Bank of Mysore:
♦ Headquarters: Bengaluru.
♦ Established: 1913
♦ Slogan: Working for a better Tomorrow.
♦ It is one of the five associate banks of State Bank of India
Nita Ambani nominated for International Olympic Committee
i. Reliance Foundation’s Founder and Chairperson Nita Ambani has just been nominated as a member by the International Olympic Committee.
ii. She will become the first Indian woman ever to be recommended for the esteemed position.
iii. Her appointment is subject to the 129th IOC elections in Rio de Janeiro in August this year as this nomination is acknowledgement of her work in promoting education and sports.
International Olympic Committee:
♦ Headquarters: Lausanne, Switzerland
♦ Founded: 1894.
♦ President: Thomas Bach
SPORTS
Argentina retain top spot in FIFA rankings
i. Indian Men’s football team is captained by Sunil Chhetri have dropped a place in the latest FIFA rankings with the Blue Tigers ending the month of May ranked 163 in the rankings.
ii. Notably Northern Ireland made history by rising to 25th in the rankings, their best-ever position England dropped out of the top ten at the expense of Austria.
The Rankings:
| Rank | Team |
| 1 | Argentina |
| 2 | Belgium |
| 3 | Colombia |
| 4 | Germany |
| 5 | Chile |
OBITUARY
Actor-director Balu Anand passes away
i. Famous actor and director, Balu Anand has died due to a massive heart attack in Coimbatore. He was 61 years old.
ii. The actor has appeared in in some 100 films like Pistha, Anbe Sivam, Anna Nagar Mudhal Theru among others. He has also directed a few Tamil movies.
