NPCI and the Central Reserve Bank of Peru (BCRP) have entered into an agreement for Unified Payment Interface (UPI).
Peru has become the first South American country to adopt the Unified Payment Interface (UPI).
Objective – To establish a real-time payments platform in Peru, which will enable instant and instant payments, significantly reducing the country’s dependence on cashbased transactions and increasing the use of digital payments.
3. Which country will host the 81st International Air Transport Association (IATA) Annual General Meeting (AGM)? – India
Hundreds sheltered in evacuation centers after Mount Kanlaon erupted in the central Philippines.
Mount Kanlaon, a 2435m stratovolcano on Negros Island, is the highest mountain on the island and part of the Pacific Ring of Fire.
Known for its pyroclastic cones and craters, the biologically diverse volcano has erupted multiple times since 1886, with phreatic explosions causing minor ashfalls.
It influences major river systems on Negros Island.
Economic Affairs
5. Recently, which department has launched a comprehensive survey to identify and address the challenges faced by MSMEs in adapting to new technologies? – Department of Telecommunications
The Department of Telecommunications (DoT) launched a 60-day survey to identify challenges faced by MSMEs in adopting new technologies.
Covering five sectors in both North and South India, the survey will explore AI, IoT, cloud computing, and 5G/6G integration needs across ten industries.
The findings will inform policies to help MSMEs remain competitive in increasingly digitized global markets.
6. At what rate has the Monetary Policy Committee kept the repo rate unchanged for the eighth time in a row? – 6.50%
The Monetary Policy Committee (MPC) of the Reserve Bank of India has kept the repo rate unchanged at 6.5% in its first meeting after the Lok Sabha elections 2024.
The RBI decided to retain the key rate for the eighth consecutive time in its June 2024 meeting.
The MPC last changed the benchmark interest rate in February 2023.
Also, real GDP growth is expected to be 7.2% for the financial year 2025.
Science & Technology
7. India will launch the joint satellite missionTRISHNA with which country? – France
India’s space agency Indian Space Research Organisation (ISRO) and French space agency The National Centre for Space Studies (CNES) will monitor the Earth’s surface through satellite TRISHNA.
Satellite TRISHNA is a thermal infrared imaging satellite, through which the temperature of the Earth will be monitored.
Environment
8. What is ‘Thismia malayana’, recently seen in news? – A new species of plant
Thismia malayana, a newly discovered mycoheterotrophic plant in Peninsular Malaysia’s rainforests, steals nutrients from underground fungi instead of performing photosynthesis.
It thrives in low-light forest understories, with specialized flowers pollinated by fungus gnats.
Typically 2 cm long, it grows near tree roots or rotten logs and is highly sensitive to environmental changes, earning a Vulnerable status on the IUCN Red List.
9. H5N2 virus, sometimes seen in the news, is related to which disease? – Bird flu
Kamal Kishore Son, a senior IAS officer of 1998 batch of Jharkhand cadre, has been given the additional charge of Director General of Employees State Insurance Corporation.
He is presently working as Additional Secretary and Director General, Labour Welfare in the Ministry of Labour and Employment.
Important Days & Weeks
12. When is World Food Safety Day celebrated every year? – 7 June
World Food Safety Day (WFSD) is celebrated every year on 7 June.
The day is jointly celebrated by the World Health Organization (WHO) and the Food and Agriculture Organization of the United Nations (FAO) in collaboration with member states and other relevant organizations.
This day is celebrated every year with a specific theme which helps the campaigns associated with it.
State Current Affairs
13. Recently two wetlands of which state have been included in the list of ‘Ramsar Sites’? – Bihar
