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Daily Current Affairs: 14 & 15 June 2026

Current affairs of 14 & 15 June 2026: Varya AI Model: India’s First Distilled Video-Story Generator; 20-kW Akashvani FM Transmitter Inaugurated at Ramgarh, Jaisalmer; National e-Governance Awards 2026: 16 Winners Named, and 12 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)June 2026
15 TOPICSDaily CurrentAffairs14 & 15 June 2026In focus: Varya AI Model: India’s First Distilled…safalsetu.com

In this issue: 15 topics

National Affairs

  1. 20-kW Akashvani FM Transmitter Inaugurated at Ramgarh, Jaisalmer
  2. Assam-Nagaland Oil and Gas MoU Signed With the Centre

Government Schemes

  1. Skill India Mission Turns 12: Global Skilling Leader

Banking & Finance

  1. OFCB Swap Facility: RBI Cheaper Funding for Banks
  2. RBI Responsible Business Conduct Second Amendment 2026
  3. RBI Master Directions on Authorisation of Payment Systems
  4. SEBI FPI Onboarding in 5 Days: Digitisation Push

International Affairs

  1. Hormuz Tanker Strikes: India Protests US Action on Ships With Indian Crew

Agriculture & Rural

  1. Paraquat Ban in Telangana: Why the Weedicide Is So Lethal
  2. Horticulture Second Advance Estimates 2025-26: 3,777.76 Lakh Tonnes

Science & Technology

  1. Varya AI Model: India’s First Distilled Video-Story Generator
  2. IN-SPACe Picks Three Startups for Technology Adoption Fund

Environment & Ecology

  1. Global Wind Day 2026: India’s Wind Capacity Reaches 56.09 GW

Awards & Persons

  1. National e-Governance Awards 2026: 16 Winners Named
  2. Ayush Ministry Sets Guinness Record for Biggest YouTube Yoga Live

National Affairs

Government Schemes

Banking & Finance

Economy

4. OFCB Swap Facility: RBI Cheaper Funding for Banks

  • RBI's concessional swap for Overseas Foreign Currency Borrowings (OFCBs) is open to all AD Category-I banks for borrowings of minimum 3-year maturity.
  • The swap rate is fixed at 1.5% per annum, compounded semi-annually, until 31 December 2026.
  • Banks save 200-250 bps versus market hedging costs of 3.5-4%; OFCB funds are 40-50 bps cheaper than similar-tenor deposits.
  • Banks can raise up to 100% of Tier 1 capital; SBI estimates USD 5-8 billion in FY27.
Full notes and 3 MCQs ›
Banking & Finance

6. RBI Master Directions on Authorisation of Payment Systems

  • RBI issued Master Directions on Authorisation to Operate a Payment System, effective immediately, consolidating existing PSO guidelines.
  • New PSO authorisations are perpetually valid; existing operators may get perpetual validity at renewal if compliant.
  • Investors from FATF non-compliant jurisdictions are capped below 20% aggregate voting rights.
  • A 1-year cooling-off period may follow revocation, rejection or voluntary surrender.
Full notes and 3 MCQs ›

International Affairs

International Relations

8. Hormuz Tanker Strikes: India Protests US Action on Ships With Indian Crew

  • India strongly condemned US Central Command strikes on oil tankers crewed by Indian seafarers in the Gulf of Oman and Strait of Hormuz.
  • The US cited enforcement of its maritime blockade on Iranian energy exports; tankers named were M/T Jalveer, Settebello and MT Marivex.
  • About 21 million barrels per day of crude and condensates, roughly 20-25 per cent of global liquid petroleum trade, move through Hormuz.
  • UNCLOS was adopted in 1982, came into force in 1994, and India ratified it in 1995.
Full notes and 3 MCQs ›

Agriculture & Rural

Science & Technology

Environment & Ecology

Awards & Persons

Polity & Governance

14. National e-Governance Awards 2026: 16 Winners Named

  • The 29th National Awards for e-Governance 2026 named 16 winners: 10 Gold and 6 Silver, to be presented on 2 July 2026.
  • DARPG, under the Ministry of Personnel, Public Grievances and Pensions, administers the awards across seven categories, including a new Gram Panchayats category.
  • Winners include Agri Stack, the e-Jagriti portal, Mahakumbh 2025 administration, and eSanjeevani's AI decision support system.
  • Agri Stack rests on three registries: Farmers' Registry, Crop Sown Registry and geo-referenced village maps.
Full notes and 3 MCQs ›

Test yourself

15 questions from the news of 14 & 15 June 2026, with answers and explanations.

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