Current Affairs 27 May 2020

We are here for you to provide the important Recent and Latest Current Affairs 27 May 2020, which have unique updates of Latest Current Affairs 2020 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.

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Top 15 Current Affairs of 27 May 2020

NATIONAL AFFAIRS

Chardham Project: BRO constructs 440-meter long tunnel below Chamba town in Uttarakhand

In a big boost to ”Char Dham” project to connect holy towns of Gangotri, Kedarnath, Yamunotri and Badrinath, the Border Roads Organisation (BRO) has constructed a 440-meter-long tunnel under the Chamba town on Rishikesh-Dharasu road Highway (NH 94) in Uttarakhand even during the coronavirus (COVID-19) epidemic.
i.The long tunnel, being constructed under the Chardham Mahamarg Vikas Pariyojna using Austrian technology, will be ready for traffic by the month of October 2020, around 3 months ahead of its scheduled date of completion of January 2021.
About Border Roads Organisation (BRO):
Headquarters– New Delhi
Director General– Lt. Gen.Harpal Singh
<< Read Full News >>

INTERNATIONAL AFFAIRS

US left open skies surveillance treaty due to non-compliance of Russia towards treaty

i.US submitted a notice of its decision to withdraw from the Treaty on Open Skies to the Treaty Depositories i.e. Canada and Hungary, and to all other states party to the Treaty.
ii.It is a treaty of 34 nations while a 35th, Kyrgyzstan, has signed but not ratified it. It enables them to operate unarmed aerial surveillance flights over the entire territory of its participants.
iii.It should be noted that India is not a part of this treaty.
About US:
Capital– Washington, D.C.
Currency– United States Dollar
President– Donald John Trump
About Russia:
Capital– Moscow
Currency– Russian Rouble
President– Vladimir Vladimirovich Putin
<< Read Full News >>

BANKING & FINANCE

LIC launches modified PM Vaya Vandana Yojana pension scheme

i.Life Insurance Corporation of India(LIC) announced the launch of the Pradhan Mantri Vaya Vandana Yojana-PMVVY (Modified- 2020) Scheme for those over and above 60 years old. 
ii.The sale will be available from May 26 for 3 financial years(up to March 31, 2023). 
About LIC:
Corporate Office– Mumbai, Maharashtra
Chairman– M R Kumar
<< Read Full News >>

Maruti Suzuki partners with ICICI Bank to provide retail financing schemes to customers

On 26th May 2020, Maruti Suzuki India Limited (MSIL) announced its partnership with ICICI Bank to offer retail financing schemes to its customers. ICICI bank offers a flexible EMI scheme allowing the customers to pay minimum EMI initially to support them in the liquidity stress during COVID-19 situation.
About Maruti Suzuki:
Chairman- Ravindra Chandra Bhargava
MD & CEO- Kenichi Ayukawa
Head office- New Delhi
About ICICI Bank:
MD & CEO- Sandeep Bakhshi

<< Read Full News >>

ECONOMY & BUSINESS

India’s GDP growth is expected to reach 1.2% in Q4 FY20: SBI Ecowrap report

On May 26, 2020 According to the State Bank of India’s(SBI) Ecowrap report India’s Gross Domestic Product(GDP) is estimated to grow at 1.2% in the last quarter(Q4) of FY20 as economic activity came to a halt since last week of March due to the nationwide lockdown.
About SBI:
Headquarters– Mumbai, Maharashtra
Chairman– Rajnish Kumar
<< Read Full News >>

REC Ltd ties up with TajSATS to provide nutritious meals to medical staff in New Delhi

i.REC is already providing cooked meals and ration to the needy across the nation in collaboration with various district authorities, NGOs and electricity distribution companies.
About REC:
REC is a state-run non-banking finance company focusing on power sector financing and development across India.
Headquarters– New Delhi
Chairman & Managing Director (CMD)– Ajeet Kumar Agarwal
About TajSATS:
Headquarter– Mumbai, Maharashta 
Chairman- Puneet Chhatwal
<< Read Full News >>

AWARDS & RECOGNITIONS

Indian Army Major Suman Gawani becomes the 1st Indian peacekeeper to receive UN Military Gender Advocate award 2019

i.Indian Army officer and woman peacekeeper Suman Gawani becomes the 1st Indian to receive United Nations Military Gender Advocate of the Year Award(2019).  
ii.Brazilian Naval Officer Commander Carla Monteiro de Castro Araujo has also been selected for the prestigious award
About the award:
The award is underpinned by the principles outlined in United Nations Security Council Resolution(UNSCR) 1325 and follow-on resolutions on women, peace and security.
<< Read Full News >>

Dr. Rajiv Joshi won the Inventor of the year Award, NYIPLA 2020

IBM Academy of Technology member Dr. Rajiv Joshi won The New York Intellectual Property Law Association(NYIPLA) 2020 Inventor of the Year Award, to honour for his work in advancing the electronic industry and improving artificial intelligence(AI) capabilities. He received the award through an online interview.
About NYIPLA:
President- Colman B. Ragan
President-Elect- Robert M.Isackson
Established- March 7,1922
<< Read Full News >>

SCIENCE & TECHNOLOGY

Researchers of INST found a route to fabricate precisely controlled nanostructure of desired geometry and location on 2D materials

Researchers team led by Dr.Kiran Shankar Hazra, of Institute of Nano Science and Technology (INST), Mohali an autonomous institute under the Department of Science and Technology (DST) found an innovative route to fabricate precisely controlled nanostructure of the required geometry and location on two dimensional(2D) materials using one-step low power laser writing process.
The approaches used so far with the synthesis of complex morphologies limits the potential in being used for large area substrates.
About INST:
Director- Amitava Patra
Location- Mohali, Punjab
<< Read Full News >>

Mumbai based start-up VAMS Global develops world’s 1st contactless visitor management software ‘VAMS SafeGuard’

VAMS (Visitor Authentication & Management Systems) Global, a Mumbai based startup offering specialized solutions for Corporates & Commercial Buildings, has developed world’s 1st contactless Visitor Management Software called ‘VAMS SafeGuard’ that checks body temperature, scans faces with mask compliance & monitors social distancing on the premise.
i.The software can be deployed in pharmaceuticals, hospitality, manufacturing, transportation and logistics, educational institutions, etc.
About VAMS Global:
Location– Mumbai, Maharashtra
CEO– Nikhil Kothary
<< Read Full News >>

OBITUARY

Renowned vocalist Shyamala Bhave passes away at 79

Noted Classical musician Shyamala G. Bhave, who was well versed in both the Hindustani and Carnatic styles passed away at the age of 79 on May 23, 2020, in Bengaluru, Karnataka. She was born on March 14, 1941, in Bengaluru, Karnataka.
About Karnataka:
Capital– Bengaluru.
Chief Minister (CM)– Bookanakere Siddalingappa Yediyurappa.
Governor– Vajubhai Rudabhai Vala.
<< Read Full News >>

STATE NEWS

SKIMS in Srinagar gets its first of it’s kind Infectious Disease Block facility

i.Jammu and Kashmir (J&K) Lieutenant Governor’s adviser Baseer Ahmad Khan inaugurated first of it’s kind Infectious Disease Block (IDB) facility at Sher-i-Kashmir Institute of Medical Sciences (SKIMS) at Soura in Srinagar, J&K. 
ii.It was an initiative for the treatment of COVID-19 and other pathologically infected patients. 
iii.The newly established IDB will be headed by Dr. Ajaz Nabi Koul, Consultant Infectious Disease and in-charge COVlD-19, SKlMS.
About SKIMS:
Director– Dr AG Ahangar.
Dean– Dr Omar Javed Shah.
<< Read Full News >>

Tamil Nadu starts Implementation of Solar Fence Farmland Protection Programme

On 25th May 2020, The Government of Tamil Nadu started the preliminary works on implementing the Solar Fence Farmland Protection Programme, under the Central Agriculture Improvement Scheme.
This scheme is to protect agricultural lands of the districts which have the western ghats as their boundaries and are at risk of animal(Elephant) attacks.
About Tamilnadu Industrial Investment Corporation Ltd (TIIC):
Chairman- N. Muruganandam, 
Managing Director- Dr.M. Aarthi
Established- 1949
Head Office- Chennai
<< Read Full News >>

Uttarakhand CM Rawat presented Rs 53,527-cr budget for FY20-21; 25 public welfare goals in focus

i.Total expenditure for the financial year 2020 is estimated at Rs 53,526.97 crore.
ii.A revenue surplus of Rs 49.66 crore is expected, while the fiscal deficit is estimated at Rs 7,549.74 crore. 
iii.The ratio of fiscal deficit to gross state domestic product (GSDP) is 2.57%, which is within the 3% prescribed limit of fiscal responsibility and budget management (FRBM) act.
About Uttarakhand:
Capital– Dehradun, Gairsain (Summer)
State Bird– Himalayan monal
State Animal– Alpine musk deer
<< Read Full News >>

AC GAZE

‘Hunar Haat’ with the theme “Local to Global”to restart from September 2020

A flagship initiative ‘Hunar Haat’ by the Minority Affairs Ministry will make a comeback in September 2020 with a theme ‘Local to Global’, which is a platform for artisans and craftsmen from various parts of the country to showcase their art and craft and to generate employment for master craftspeople.

Voicebot ‘TIA’ on Whatsapp launched: Tata Capital 

Tata Capital, Private Non-Banking Financial Company (NBFC), has launched a voicebot “TIA” on WhatsApp.The voicebot offers a range of services to its customers like opting for a new loan or getting queries resolved etc to provide seamless and interactive services on the widely used messaging platform, Whatsapp.

A song titled ‘Jayatu Jayatu Bharatam – Vasudev Kutumbakkam’ penned by Prasoon Joshi

A song titled ‘Jayatu Jayatu Bharatam – Vasudev Kutumbakkam’ was released.The song lyrics penned by  Prasoon Joshi and composed by Shankar Mahadevan, as many as 211 singers involved like legendary singer Lata Mangeshkar to increase the nation’s will power and evoke the spirit of self-reliance in this difficult time(COVID-19 pandemic).

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