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Top 20 Current Affairs of 23 May 2020
NATIONAL AFFAIRS
1 crore treatments provided under AB-PMJAY, created webinar, launched Ask Ayushman & Hospital Ranking Dashboard: Harsh Vardhan
Constituency:
Harsh Vardhan– Chandni Chowk, New Delhi
Ashwini Kumar Choubey– Buxar, Bihar
<< Read Full News >>
Textiles Committee named as 9th approved laboratory to test and certify PPE body coveralls; developed fully indigenous Design PPE Testing Equipment
ii.India has become the world’s second largest manufacturer of personal protective equipment (PPE) body coveralls within two months, following China.
iii.The laboratory set up to test the PPEs has to be accredited by the NABL (National Accreditation Board for Testing & Calibration Laboratories).
About Textile Committee:
The Textiles Committee is a statutory body established in 1963 through an Act of Parliament and is under the administrative control of the Ministry of Textiles, Government of India.
Textile Committee Secretary– Ajit Chavan
Union Textile Minister– Smriti Zubin Irani
<< Read Full News >>
Rajnath Singh participates in MSMEs E-conclave “SIDM MSME Conclave 2020”
ii.The Theme of the E-conclave is ‘Business Continuity for MSMEs in Defence & Aerospace Sector’ in which more than 800 Defence MSMEs participated.
About CII:
Corporate Office– New Delhi, India
President– Vikram S. Kirloskar
Static:
Constituency of Nirmala Sitharaman– Rajya Sabha (Karnataka)
Headquarters of SIDM– New Delhi, India
<< Read Full News >>
Union Minister Dr. Harsh Vardhan participates in NAM health ministers meeting through video conference
About NAM:
The Non-Aligned Movement was originated in the Bandung Conference of April 1955 inspired by Jawaharlal Nehru of India, Josip Broz Tito of Yugoslavia and Gamal Abdel Nasser of Egypt to promote and reinforce multilateralism and established in 1961.
Currently NAM has 120 members and 17 observer states.
<< Read Full News >>
Govt amends rules to ban global tender for procurement up to Rs 200 crores to benefit MSMEs
ii.Which states that the global tenders will be banned for government procurement upto 200 crores as announced in the AatmanirbharBharat Package. This move will boost domestic suppliers, particularly Micro, Small and Medium Enterprises(MSMEs).
About GFR:
It is a compilation of rules and orders of the Government of India to be followed by all while dealing with matters involving public finances. It was issued for the 1st time in 1947 bringing together in one place all existing orders and instructions pertaining to financial matters.
<< Read Full News >>
Local to Global: Khadi Masks to export in Foreign Markets
ii.KVIC has already developed double layered cotton masks and triple-layered silk face masks.
iii.Cotton acts as a mechanical barrier while silk is an electrostatic barrier.
About KVIC:
Chairman– Vinai Kumar Saxena
Headquarter– Mumbai, Maharashtra
<< Read Full News >>
Cabinet approvals on May 20, 2020
- Cabinet relaxes the existing “Partial Credit Guarantee Scheme (PCGS)”; timeline extended till March 31, 2021
- Cabinet approves Rs 10,000 cr “Scheme for formalisation of Micro Food Processing Enterprises (FME)”
- Cabinet approves extension of ‘Pradhan Mantri Vaya Vandana Yojana till 2023
- Cabinet approves Rs 20,050 cr Pradhan Mantri Matsya Sampada Yojana
- Cabinet approves Atma Nirbhar Bharat Package for allocation of foodgrains to the migrants / stranded migrants
- Cabinet approves Rs 30,000 cr Special Liquidity Scheme for NBFCs/HFCs to address their Liquidity Stress
- Cabinet approves additional funding of up to Rupees 3 lakh crore through introduction of Emergency Credit Line Guarantee Scheme (ECLGS)
- Cabinet approves issuance of the Jammu & Kashmir Reorganisation (Adaptation of State Laws) Second Order, 2020 in relation of Jammu & Kashmir Civil Services (Decentralisation and Recruitment) Act
- Cabinet approves waiver of interest of Hindustan Organic Chemicals Limited
- Cabinet approves adoption of methodology for auction of coal and lignite mines/blocks for sale of coal / lignite on revenue sharing basis and tenure of coking coal linkage
BANKING & FINANCE
Overview of Monetary Policy Statement 2020-21 released by RBI
Highlights of the meet:
–All members of the MPC unanimously voted to reduce the policy repo rate under the liquidity adjustment facility (LAF) to 4.0 % from 4.40%.
– RBI extends moratorium on loans for another 3 months till August 2020
– India’s 2020-21 GDP growth rate expected to be negative
– Reserve Bank infuses Rs 15,000-crore line of credit to EXIM Bank
– RBI increases export credit period to 15 months from 12 months
– Reserve bank grants Rs 15,000-crore refinance facility for SIDBI
– RBI eases CSF withdrawal rules ; arranges additional Rs 13,300 crore for states
– Industrial production decrease by 17 % in March with manufacturing activity down by 21 % : RBI
About Reserve Bank of India (RBI):
Headquarters– Mumbai, Maharashtra
Formation– 1 April 1935
Deputy Governors– 4 (Bibhu Prasad Kanungo, Mahesh Kumar Jain, Michael Debabrata Patra, one is yet to be appointed)
<< Read Full News >>
World Bank announces $160 billion assistance to 100 countries
About World Bank:
Headquarters– Washington D.C., United States (US).
Motto– Working for a World Free of Poverty.
President– David Malpass.
<< Read Full News >>
ECONOMY & BUSINESS
ONGC, NTPC signs MoU to start joint venture for renewable energy business
About ONGC:
Chairman & Managing Director – Sashi Shanker
Directors – Subash Kumar (Finance), Rajesh Kakkar(Offshore), Sanjay Kumar Moitra(Onshore), Alka Mittal (HR) , Rajesh Kumar Srivastava (Exploration), Om Prakash Singh(T&FS)
Headquarters – New Delhi
About NTPC:
Chairman & Managing Director – Gurdeep Singh
Directors –AK Gupta(Commercial), AK Gautam(Finance), Dillip Kumar Patel(HR), Ramesh Babu V(Operations)
Established in – 1975
<< Read Full News >>
Ircon signs MoU with RZD International for joint development of railways
About Ircon:
Headquarters– New Delhi.
Chairman and Managing Director (CMD)– S.K. Chaudhary.
About RZD International LLC:
Headquarters– Moscow, Russia.
Director-General– Sergey Stolyarov.
<< Read Full News >>
ACQUISITIONS & MERGERS
IRDAI approves Union Bank to continue with its 30% holding in IndiaFirst Life Insurance
About UBI:
Headquarters– Mumbai, Maharashtra
Chairman & Part time Non-Official Director- Kewal Handa
Managing Director(MD) & Chief Executive Officer(CEO)– Rajkiran Rai G.
About IndiaFirst Life Insurance:
Headquarters– Mumbai, Maharashtra
MD & CEO– RM Vishakha
About IRDAI:
Headquarters– Hyderabad, Telangana
Chairman– Subhash C. Khuntia
<< Read Full News >>
KKR buys 2.32% in Jio Platforms for Rs 11,367 crores
Reliance Industries Limited(RIL) announced the sale of a 2.32 % stake in its digital unit, Jio Platforms to US private equity giant KKR for Rs 11,367 crores, which is the 5th deal of Jio since 22 April that will inject Rs 78,562 crores in RIL to cut debt.
About RIL:
Corporate Office– Mumbai, Maharashtra
Chairman & MD– Mukesh D. Ambani
About KKR:
Managing Director(MD), Private Equity, Mumbai- Rupen Jhaveri
Co-Chairman and Co-CEO– George Roberts
<< Read Full News >>
Airtel acquires 10% stakes in conversational AI startup Voicezen
About Bharti Airtel Limited:
CEO & MD – Gopal Vittal(India and South Asia)
COO – Ajay Puri
Global CIO – Harmeen Mehta (Head of Digital)
Headquarters – New Delhi
<< Read Full News >>
CCI approves 100% acquisition of Emami Cement by Nuvoco Vistas Corporation Limited
About NVCL:
Headquarters- Mumbai, Maharashtra
Chairman– Hiren Patel
About ECL:
Registered Office– Kolkata, West Bengal
Whole-time Director and Chief Executive Officer(CEO)- Vivek Chawla
<< Read Full News >>
SCIENCE & TECHNOLOGY
IIT Guwahati discovers methods to prevent memory loss due to Alzheimer
About IITG:
Director – Professor T G Sitharam
Deputy Director – Professor P S Robi
Established in – 1994
<< Read Full News >>
Scientists at Pune based ARI maps 2 alternative dwarfing genes in wheat that can eliminate rice crop residue burning
i.The team, led by Dr. Ravindra Patil, has mapped chromosome 6a dwarfing genes in durum wheat and developed DNA based markers for better selection of these genes.
<< Read Full News >>
SCTIMST commercially launched RNA extraction Kit ‘Agappe Chitra Magna’ for detection of COVID-19
About SCTIMST:
President – Dr. Vijay Kumar Saraswat(Member-NITI Aayog)
Director – Prof Asha Kishore
Inaugurated in – 1976
<< Read Full News >>
Researchers at IIT-M develop solar parabolic trough collector
About IIT-Madras:
Motto– Success is born out of action.
Chairman– Dr Pawan Goenka.
Director-Bhaskar Ramamurthi.
<< Read Full News >>
A rare palm from Andamans ‘Pinanga andamanensis’ replanted at Kerala’s JNTBGRI
i.Pinanga ,recorded as a time-extinct species, is related to Areca Palm. Around 600 plants are found in a small area of ‘Mount Harriet National Park’ in South Andaman.
About JNTBGRI:
Location– Thiruvananthapuram, Kerala
Director– R. Prakashkumar
<< Read Full News >>
BOOKS & AUTHORS
Ruskin Bond’s new book ‘Hop On: My Adventures on Boats, Trains and Planes’ released on his 86th birthday
<< Read Full News >>
IMPORTANT DAYS
International Day for Biological Diversity 2020: May 22
Theme for the year 2020: Our solutions are in nature.
About United Nations (UN):
Headquarters– New York City, United States (US).
Secretary-general– António Guterres.
<< Read Full News >>
AC GAZE
New space defense unit launched:Japan
Japan has launched a new space defense unity to monitor and counter threats to the country’s satellites. The main role of the unit is to monitor and protect Japanese satellites from enemy attacks or space debris and also to conduct satellite-based navigation and communications for other troops in the field.The capital and currency of Japan is Tokyo and Japanese yen respectively.
Facebook acquires popular GIF database GIPHY
Facebook has acquired New York based GIF database GIPHY for $400 million to integrate its GIF library into Instagram and other Facebook apps, Vishal Shah, Instagram’s VP of product.
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Current Affairs Today (AffairsCloud Today)
S.no | Current Affairs 23 May 2020 |
---|---|
1 | 1 crore treatments provided under AB-PMJAY, created webinar, launched Ask Ayushman & Hospital Ranking Dashboard: Harsh Vardhan |
2 | Textiles Committee named as 9th approved laboratory to test and certify PPE body coveralls; developed fully indigenous Design PPE Testing Equipment |
3 | Rajnath Singh participates in MSMEs E-conclave “SIDM MSME Conclave 2020” |
4 | Union Minister Dr. Harsh Vardhan participates in NAM health ministers meeting through video conference |
5 | Govt amends rules to ban global tender for procurement up to Rs 200 crores to benefit MSMEs |
6 | Local to Global: Khadi Masks to export in Foreign Markets |
7 | Cabinet approvals on May 20, 2020 |
8 | Overview of Monetary Policy Statement 2020-21 released by RBI |
9 | World Bank announces $160 billion assistance to 100 countries |
10 | ONGC, NTPC signs MoU to start joint venture for renewable energy business |
11 | Ircon signs MoU with RZD International for joint development of railways |
12 | IRDAI approves Union Bank to continue with its 30% holding in IndiaFirst Life Insurance |
13 | KKR buys 2.32% in Jio Platforms for Rs 11,367 crores |
14 | Airtel acquires 10% stakes in conversational AI startup Voicezen |
15 | CCI approves 100% acquisition of Emami Cement by Nuvoco Vistas Corporation Limited |
16 | IIT Guwahati discovers methods to prevent memory loss due to Alzheimer |
17 | Scientists at Pune based ARI maps 2 alternative dwarfing genes in wheat that can eliminate rice crop residue burning |
18 | SCTIMST commercially launched RNA extraction Kit ‘Agappe Chitra Magna’ for detection of COVID-19 |
19 | Researchers at IIT-M develop solar parabolic trough collector |
20 | A rare palm from Andamans ‘Pinanga andamanensis’ replanted at Kerala’s JNTBGRI |
21 | Ruskin Bond’s new book ‘Hop On: My Adventures on Boats, Trains and Planes’ released on his 86th birthday |
22 | International Day for Biological Diversity 2020: May 22 |
23 | New space defense unit launched:Japan |
24 | Facebook acquires popular GIF database GIPHY |
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