Current Affairs – June, 2019

Latest Current Affairs June, 2019 with Current Affairs, news summary on current events of National and International importance of June, 2019 for Banking, SSC, CLAT, UPSC, State PCS, IBPS, Railways and other Competitive Examinations.

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RBI asks banks to grout ATMs to a structure for Security

The Reserve Bank of India (RBI) has asked banks to ensure their ATMs (Automated Teller Machines) are grouted to a structure preferably wall, pillar, or floor by 30 September 2019 in a move to enhance security of cash vending machines.

Key Highlights

Background: In October 2016, RBI had set up a Committee on Currency Movement (CCM), under the chairmanship of D K Mohanty, RBI’s executive director to review the entire gamut of security of treasure in transit. Based on the recommendations of Mohanty panel, RBI has now issued instructions aimed at enhancing security and mitigating risks in ATM operations.

Key Recommendations

ATM Grouting: All ATMs shall be grouted to a structure (wall/pillar/floor) by end of September 2019, except for those ATMs which are installed in highly secured premises (ex- airports) or places which have adequate CCTV coverage and are guarded by state or central security personnel.

Digital Locks: As part of security measures undertaken by the central bank all ATMs shall be operated for cash replenishment only with digital One Time Combination (OTC) locks.

e-Surveillance Mechanism: Banks may also roll out a comprehensive e-surveillance mechanism at ATMs to ensure timely alerts and quick response.

Additional Instruction: These newly recommended measures are to be adopted by banks shall be in addition to existing instructions, practices and guidance issued by RBI and other law enforcement agencies.

Penalty: RBI has also warned all banks that non-adherence of timelines as well as non-observance of these instructions would lead to regulatory action including levy of strict penalty.

Month: Categories: Business, Economy & Banking

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FIFA latest Rankings: India remains static at 101

In the latest FIFA (Fédération Internationale de Football Association) World Ranking Indian football team remains static at 101st place and Belgium continued to top.The FIFA Ranking ranks men’s national teams in association football.

About FIFA Ranking

It was first introduced in December 1992. It is a ranking system by FIFA, football’s world governing body, in which teams of member nations of FIFA are ranked based on their game results with the most successful teams being ranked highest.

Top 10 Countries in Latest FIFA Rankings-

(1) Belgium, (2) France (3) Brazil (4) England (5) Portugal (with +2), (6) Croatia (with -1), (7) Spain (with +2), (8) Uruguay (with -2), (9) Switzerland (with-1) and (10) Denmark

Key Highlights

Portugal climbed 2 places in latest FIFA rankings to 5th after it added the inaugural Nations League title to their European Championship crown.

Belgium: It continued to top overall world rankings after back-to-back wins (3-0) over Kazakhstan and Scotland in Euro 2020 qualifying.

France: The world champions France was ranked 2nd.

India: The Indian football team retained its 101st place in FIFA rankings (same as April 2019) even though India had finished 3rd in King’s Cup in Thailand, which was a FIFA-sanctioned tournament. At present Indian football team is at 18th spot among Asian countries, followed by Iran (20th).

Under newly appointed coach Igor Stimac, although Indian men lost to higher-ranked Curacao (by 1-3) before beating hosts Thailand 1-0, but still these results did not make any difference to India’s rankings as points made by India remained same at 1219 as that of previous list, issued on 4 April 2019.

Other Asian countries: Japan (28), Korea (37), Australia (43) and Qatar (55) form the top five countries in Asia.

Others: Germany is up to rank 11, which it holds as tie with Argentina. Italy rose 3 places to rank 14, which again is a tie with Netherlands which lost Nations League final. Mexico is ranked 18 ahead of Gold Cup 2019 and the United States drops six ranks to currently at 30.

Month: Categories: Sports & Games

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