Home > Practice > Current Affairs > June - 2024 > June 29, 2024
11. What framework did the Reserve Bank of India announce for the period 2024-27 to facilitate currency swaps with neighbouring countries?
The Reserve Bank of India announced the SAARC Currency Swap Framework for the period 2024-27. This framework aims to facilitate bilateral swap agreements with SAARC central banks, providing a backstop line of funding for short-term foreign exchange liquidity requirements or balance of payment crises among SAARC member countries. The initiative underscores India's commitment to regional financial stability and cooperation within the South Asian Association for Regional Cooperation (SAARC) framework.
12. When is the International Day of the Tropics observed annually?
The International Day of the Tropics is observed annually on June 29. This day aims to highlight the diversity and significance of tropical regions worldwide, emphasizing their critical role in global ecosystems and human societies.
13. In which state is the planned bioplastic park being developed in India?
The bioplastic park initiative announced by the Uttar Pradesh government is located in Lakhimpur Kheri district. This ambitious project aims to promote the production and use of biodegradable plastics, addressing environmental concerns while fostering local economic growth. The park, spread across 1,000 hectares in Kumbhi village, Gola Gokarnnath tehsil, involves a significant investment and is developed as a Public-Private Partnership (PPP) model by Balrampur Sugar Mills Firm, with support from the Uttar Pradesh government.
14. Which country lifted the ICC T20 World Cup 2024 by defeating South Africa in the final?
India won the ICC T20 World Cup 2024 by defeating South Africa in the final, marking their second T20 World Cup title after their first win in 2007. Virat Kohli's crucial innings of 76 runs and Jasprit Bumrah's stellar performance throughout the tournament, earning him the Player of the Tournament award, were instrumental in India's victory. This win ended India's 11-year trophy drought in T20 World Cups, showcasing their dominance in international cricket.
Next