The document summarizes recent current affairs in India. It reports that Arijit Basu has been appointed as the new Managing Director of State Bank of India until 2020. It also notes that B. Sriram will become the new MD and CEO of IDBI Bank. Additionally, it mentions that the Federation of Indian Chambers of Commerce & Industry was awarded at the X International IT Forum in Russia for its participation. The Ministry of Women & Child Development also received the 'Best Performing Social Sector Ministry' award. Finally, it reports that India launched its first robotic telescope at the Indian Astronomical Observatory in Hanle, Ladakh.

1. CURRENT AFFAIRS
24 JUNE 2018
DR.A .PRABAHARAN
DEAN,
N E H R U M E M O R I A L C O L L E G E

2. • The appointments committee of the
cabinet has appointed Arijit Basu as
the new Managing Director of State
Bank of India till October 31, 2020.
• Prior to this, Basu was heading the
corporate accounts group as the
Deputy MD.
• SBI’s Managing Director B. Sriram will
take charge as the MD and CEO of
IDBI Bank after existing Chief MK Jain
got recently appointed as the RBI
Deputy Governor.
•
•Arjit Basu: New MD of State Bank of India

3. FICCI AWARDED AT X INTERNATIONAL IT FORUM
• The Federation of Indian Chambers of
Commerce & Industry (FICCI) was awareded
at X International IT Forum at Khanty-
Mansiysk, Russia.
• FICCI was awarded for its support and active
participation at the forum, consecutively for
two years.
• The forum brought together industry
leaders from BRICS and SCO nations to
interact in the fields of information
technology and digital transformation.

4. WCD MINISTRY TO GET SKOCH AWARD
• Ministry of Women & Child Development
receives the ‘Best Performing Social Sector
Ministry’ SKOCH Award.
• The ministry achieved results through
schemes like Beti Bachao Beti Padhao has
achieved huge success and improved sex
ratio.
• The Minister, Maneka Gandhi shared details of
6 months maternity leave, Sexual Harassment
at Work Place Act, SHe-box, One stop
centres, Women help line (181).

5. INDIA’S 1ST ROBOTIC TELESCOPE LAUNCHED
• The Indian Astronomical Observatory (IAO)
at Hanle in Ladakh is Indian’s 1st robotic
telescope & is the one of the world’s highest
astronomical observatories at 4,500 m.
• It is a part of Global Relay of Observatories
Watching Transients Happen (GROWTH)
program along US, the UK, Japan, Germany,
Taiwan and Israel.
• The telescope is designed to observe
dynamic events in the universe.