current affairs 1 June 2015

India and Bangladesh  approved Coastal and Maritime Shipping agreement.

• The government of India has given its approval to the agreement on coastal shipping between India and Bangladesh to carry out coastal movement of goods between the two countries.
• Exim trade between India and Bangladesh would be benefited by way of reduction in freight charges, an official statement said.

George Yeo has been appointed as Chancellor of Nalanda University.

• Former foreign minister of Singapore George Yeo will replace Amartya Sen as the next chancellor of Nalanda University. 
• Sen quit in a huff earlier this year, blaming it on the delay in approval to his second stint.
• Yeo (60), who was conferred Padma Bhushan in 2012, is currently serving as a member of the governing board of the prestigious university.

Muhammadu Buhari became the President of Nigeria.

• Muhammadu Buhari, a retired general who ruled the country back in the '80s after a military coup, was sworn in as president of Nigeria on Friday.
• "He defeated Mr Jonathan - who had been in office since 2010 - by 15.4 million votes to 12.9 million.

New operational service tax is - 14 percent

• Previously it was 12.36%
• Doris Hart passed away.
• He was American tennis champion who won three Wimbledon titles in one day

Book title "The China Model" is written by - Daniel A Bell

Jyoti Prasad Rajkhowa has been sworned in as new Governor of Arunachal Pradesh.

• He is 1968-batch IAS officer has served as the chief secretary of Assam before his superannuation from service.
• Rajkhowa will take over from his duties from Lt. Gen Nirbhay Sharma, who has been shifted to Mizoram.
• Cricketers Sachin Tendulkar, Saurav Ganguly, VVS Laxman were inducted into - BCCI Cricket Advisory Committee.

China unveiled world's first facial recognition ATM machine

• Highlights of the ATM Machine
• The machine is a combination of high speed ban-knote handling, improved counterfeit-bill recognition and face recognition.
• It has a camera installed in it that captures the facial features of the user and then compares it with a database of identification photos.
• It looks at the biological features and can identify people even if their facial features have changed.
• It will help in preventing thieves from accessing other people's accounts as the ATM records the serial number of every bank note deposited.
• The machine is 20 percent more accurate at verifying the authenticity of multiple currencies compared with the average ATM used globally.