12-20 June 2018 Current Affairs

Trump-Kim Jong Summit | Fastest Supercomputer | Sandeep Bakhshi | ICICI Bank | Dhivya Suryadevara | Arvind Saxena UPSC | TCS | Highest ODI total | FIFA World Cup 2018 |

Posted on Jun 20, 2018 11:05 IST in Current Affairs.

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1) The historic meeting between U.S. President Donald Trump and North Korea’s Supreme Leader Kim Jong-un took place at which place on 12 June 2018? – Singapore

Explanation: U.S. President Donald Trump and North Korea’s Supreme Leader Kim Jong-un met on 12 June 2018 at Sentosa, a resort island off Singapore’s port. Enemies since the 1950-53 Korean War, leaders of North Korea and the United States have never met previously, or even spoken on the telephone.

- The first meeting of a sitting U.S. President and a North Korean leader was the product of dizzying weeks of negotiations over logistics and policy. The two leaders conversed through interpreters.

- The two leaders pledged to work towards complete de-nuclearisation of the Korean peninsula while Washington committed to provide security guarantees for North Korea. However, a joint statement signed at the end of their historic summit in Singapore gave few details on how either goal would be achieved.

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2) The US reclaimed the title of having the fastest supercomputer in the world from China, as it unveiled a new supercomputer during June 2018. What is the name given to this supercomputer? – “Summit”

Explanation: The US has reclaimed the title of having the fastest supercomputer in the world, with the unveiling of a machine known as “Summit”. “Summit” was unveiled at the Department of Energy’s Oak Ridge National Laboratory in Tennessee.

- It is capable of performing 200,000 trillion calculations per second, known as 200 petaflops. This is more than twice the previous record holder, China’s Sunway TaihuLight, capable of 93 petaflops.

- Summit weighs in at 340 tons, needs 4,000 gallons of water to stay cool, and uses the same amount of energy required by 8,000 US homes. It spans about 860 square meters (9,250 square feet), roughly three times the size of a tennis court.

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3) Who was appointed as the chief operating officer (COO) of ICICI Bank by bank’s board on 19 June 2018 after MD and CEO Chanda Kochhar went on leave? - Sandeep Bakhshi

Explanation: The ICICI Bank board, in its meeting on 19 June 2018, appointed ICICI Prudential Life Insurance CEO Sandeep Bakhshi as whole-time director and Chief Operating Officer (COO), creating a new top position at India’s second largest private bank, to steer all its businesses.

- Chanda Kochhar, ICICI Bank’s managing director and CEO, who is facing conflict-of-interest allegations, will remain on leave until a committee investigating allegations of impropriety completes its work.

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4) Which India-born executive was named the CFO of US’ largest automaker General Motors and will thus become the first woman to get the position in the auto industry? - Dhivya Suryadevara

Explanation: 39-year old Chennai-born Dhivya Suryadevara has been named the Chief Finance Officer (CFO) of General Motors, which is the largest auto company of the United States. She is thus the first woman to get this position in the auto industry.

- She is currently the vice president, Corporate Finance, and will succeed Chuck Stevens, the GM’s present CFO, on 1 September 2018. She earned her bachelor’s and master’s degrees in Commerce from the University of Madras. She moved to the US at the age of 22 to pursue her MBA from Harvard University.

- GM’s Chief Executive Officer (CEO) Mary Barra and Suryadevara are the first women in their respective positions in the auto industry.

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5) Who took over as the acting chairman of the Union Public Service Commission (UPSC) on 20 June 2018? - Arvind Saxena

Explanation: Union Public Service Commission (UPSC) member Arvind Saxena was appointed as the acting chairman of the commission on 10 June 2018.

- Saxena, a 1978-batch Indian Postal Service officer, took over the charge from incumbent Vinay Mittal who completed his term at the Union Public Service Commission (UPSC) on 19 June 2018.

- He has also worked in the Research and Analysis Wing (RAW) after he joined it in 1988.

- The UPSC conducts civil services examination annually in three stages - preliminary, main and interview - to select officers for the Indian Administrative Service (IAS), Indian Foreign Service (IFS) and the Indian Police Service (IPS), among others.

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6) During June 2018 which company became the first listed company in India to close the day's trade with a market capitalisation of over Rs. 7 lakh crore? - Tata Consultancy Services (TCS)

Explanation: India's IT major Tata Consultancy Services (TCS) on 15 June 2018 became the first listed company in India to close the day's trade with a market capitalisation of over Rs. 7 lakh crore (over $103 billion).

- This happened after the company’s board approved a share buy back for about Rs. 16,000 crore. 

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7) Which team posted the highest score of 481 runs in a men's one-day international (ODI) on 19 June 2018? – England

Explanation: England broke the record for the highest score in a men's one-day international for the second time in two years at Trent Bridge by scoring 481 for six against Australia on 19 June 2018.

- England thus surpassed their own previous all-time record men's ODI total of 444 for three, also set at Trent Bridge, against Pakistan in 2016. With this mammoth total England humiliated Australia by 242 runs as the team was bundled out for mere 239 runs off 37 overs. This was England’s biggest run-margin of victory in an ODI.

- Alex Hales (147) and Jonny Bairstow (139) played pivotal role in this match. England captain Eoin Morgan became England's all-time leading run-scorer in this format during a 67 that featured 21-ball fifty - England's quickest at this level.

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8) Which team became the first Asian side to beat a South American one at the FIFA World Cup on 19 June 2018? – Japan

Explanation: Japan created footballing history as it defeated Colombia by 2-1 in a Group-H match on 19 June 2018 to become the first Asian side to beat a South American one at the FIFA World Cup.

- Till now Asian teams had managed three draws in 17 matches against South American sides.

- In this match Colombia midfielder Carlos Sanchez became the first player to get a red card in Russia. His sending-off in the third minute, for a deliberate handball, was the second fastest in World Cup history after Uruguay's Jose Batista was dismissed after 55 seconds against Scotland in 1986.

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