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Top 20 Current Affairs of 26 May 2020
NATIONAL AFFAIRS
Former Supreme Court Justice A K Sikri inaugurates Indian Dispute Resolution Centre
On 22th May 2020, Former Supreme Court Justice A K Sikri, International Judge, Singapore International Commercial Court inaugurates Indian Dispute Resolution Centre(IDRC), first of its kind Institutional Alternative Dispute Resolution(ADR) Centre to provide Offline and e-ADR facility through e-Arbitration, e-Mediation and e-Conciliation software portal.
About IDRC:
Chairperson- Mehar S Rathi
Secretary General- Mona Marwah
Director/Head of Operations- Riya Rathi
Head Office- New Delhi
<< Read Full News >>
First Meeting of XVFC’s Committee on Fiscal Consolidation Roadmap held through VC; GDP growth remains -6% to 1% for FY21
i.The committee headed by Nand Kishore (NK) Singh has recommended the judgement of Reserve Bank of India (RBI) on monetisation of fiscal deficit, as RBI is government’s principal debt manager.
ii.The nominal GDP will accelerate to 4-5% in FY2021-22.
iii.The major mandate of XVFC is to work out the fiscal consolidation roadmap of the Central and state governments for the period, 2021-22 to 2025-26.
About XVFC:
It will give recommendations for devolution of taxes and other fiscal matters for five years from 1st April 2020 to 31 March 2025. The final report will be submitted by October 30, 2020.
Formulated– 2017
Parent department– Ministry of Finance
Chairman– NK Singh
Members– Ajay Narayan Jha, Prof. Anoop Singh, Dr. Ashok Lahiri, Member, and Prof. Ramesh Chand.
<< Read Full News >>
Uttarakhand becomes the 1st state to release report on conservation of endemic, threatened floras
i.Uttarakhand became the 1st state to release a report highlighting its conservation efforts to save over 1,100 rare plants from extinction.
ii.The report is one of the largest repositories of conserved plants & is carried out by the research wing of the state forest department.
About Uttarakhand
Capital– Dehradun(winter capital), Gairsain(summer capital)
Chief Minister– Trivendra Singh Rawat
Governor– Baby Rani Maurya
National Park(NP)- Jim Corbett NP, Nanda Devi NP, Valley of Flowers NP, Rajaji NP, Gangotri NP, Govind NP.
Wildlife Sanctuary(WLS)– Govind WLS, Kedarnath WLS, Askot WLS, Sonanadi WLS, Binsar WLS, Mussoorie WLS, Nandhaur WLS.
<< Read Full News >>
INTERNATIONAL AFFAIRS
India sets up military war game centre called ‘INDIA’ for Ugandan Defence forces 
The Indian Association Uganda (IAU) and Indian Military Advisory and Training Team for Uganda Peoples Defence Forces (UPDF) have jointly set up military war game centre called ‘INDIA’ at the Uganda Senior Command and Staff College in Kimaka in Jinja District of Uganda with a cost of over 1 billion Ugandan shillings or $2,65,000.
The centre was inaugurated by the Ugandan President Yoweri Kaguta Museveni.
About Uganda:
Capital– Kampala
Currency– Ugandan shilling
<< Read Full News >>
India’s crude steel output slips 65.2% to 3.13 MT in Apr: Worldsteel April 2020 report
i.The key reason behind this decrease is the nationwide lockdown imposed on March 25, 2020 to contain the COVID-19 spread.
ii.The report included 64 steel production nations reporting to the worldsteel.
iii.On global front, steel output also declined by 13% to 137.09 MT as compared with 157.67 MT in April 2019.
About World Steel Association:
Headquarters– Brussels, Belgium
Director General– Dr Edwin Basson
<< Read Full News >>
WHO and IOC team up to improve health through sport amidst COVID-19 Pandemic
The World Health Organization (WHO) and the International Olympic Committee (IOC) have teamed up to fight the battle against Covid-19 and have signed an agreement to work together to promote health through sport and physical activity.
About WHO:
Headquarters– Geneva, Switzerland.
Director-General– Tedros Adhanom Ghebreyesus.
<< Read Full News >>
ECONOMY & BUSINESS
Fintech startup Zaggle ties up with Visa to launch innovative payments solutions for SMEs & startups
i.Fintech startup Zaggle informed that it has partnered with payments technology major Visa to launch innovative payment solutions for Small and Medium Enterprises(SMEs) and startups
ii.To enhance productivity, efficiency, automate processes, reduce costs & focus on easy and fast credit with a unique card which will have forex, prepaid & credit.
About Zaggle:
Headquarters– Mumbai, Maharashtra
Founder & Chairman– Raj N Phani
Managing Director & CEO– Avinash Godkhindi
About Visa:
Headquarters- Foster City, California
Chairman and CEO- Alfred F. Kelly, Jr.
<< Read Full News >>
SCIENCE & TECHNOLOGY
US Navy successfully tests 1st solid state laser weapon system to destroy aircraft mid-flight
i.USS Portland (LPD-27) of the United States (US) Navy successfully destroyed an unmanned aerial vehicle (UAV) with a solid-state laser, “Laser Weapon System Demonstrator (LWSD)” from Pacific.
ii.Lasers, also known as, directed energy weapons (DEW), are effective defenses against drones or armed small boats.
iii.LWSD was developed by Northrop Grumman.
About USS Portland:
USS Portland (LPD-27) is the 11th San Antonio-class amphibious transport dock warship of US Navy. It is the first ship to be named solely after the largest city in Oregon i.e. Portland.
About Northrop Grumman:
Headquarters– Virginia, United States
Chairman, Chief Executive Officer (CEO) and President– Kathy J. Warden
<< Read Full News >>
DRDO’s RCI develops ‘AINA’ AI-based Attendance Application
On May 23, 2020, The Research Centre Imarat (RCI), DRDO (Defense Research and Development Organization) laboratory, Hyderabad, Telangana, developed an AI (Artificial Intelligence)-based Attendance application (AINA) which allows non-contact based personnel verification, using facial features of the person in the wake of COVID-19 pandemic.
About RCI:
Director– BHVS Narayana Murthy.
<< Read Full News >>
Indian Navy made breathable PPE kit “NavRakshak”
On 18th May 2020, Indian Navy made “NavRakshak” PPE kit made with innovative breathable fabric material, to provide comfort to healthcare workers working against COVID-19 pandemic wearing multi-layered coverall PPE treating patients in the hot and humid condition for more than 12 hours.
About INMAS:
Director- Tarun Sekhri
Established- 1956
Headquarters- Delhi
<< Read Full News >>
ENVIRONMENT
Scientists at BSI discover 3 new plant species in Western Ghats
On May 23, 2020, A team of scientists led by K.A. Sujana at the Botanical Survey of India (BSI) have discovered 3 new plant species namely- Eugenia sphaerocarpa, Goniothalamus sericeus and Memecylon nervosum at the Western Ghats in Kerala and Tamil Nadu (TN).
i.Eugenia discovered in the Kakkayam area of the Malabar wildlife sanctuary in Kerala and Goniothalamus sericeus found in the Kanyakumari wildlife sanctuary in Tamil Nadu. While, Memecylon nervosum discovered at the Kanyakumari wildlife sanctuary in Tamil Nadu (TN).
About Botanical Survey of India (BSI):
Location– Kolkata, West Bengal
<< Read Full News >>
SPORTS
US tennis star Jamie Hampton announced retirement from Professional tennis
Former World Top 25 and US tennis star Jamie Hampton announced her retirement from professional tennis at the age of 30 due to the injuries she suffered during the last six years. The Alabama player reached heights in her career in 2013 by reaching a world rank of 24.
About International Tennis Federation:
President- David Haggerty
Headquarters- London
Founded- 1924 as International Lawn Tennis Federation and 1977 renamed as International Tennis Federation.
<< Read Full News >>
OBITUARY
Hockey Icon Padma Shri Balbir Singh Sr passed away at 96
On 25th May 2020, Legendary hockey Player, three-time Olympic gold medalist and the best centre-forward, Balbir Singh Dosanjh passed away at the age of 96 at the Fortis Hospital, Chandigarh where he was admitted due to multiple organ failure and remained in ventilator support from 8th May 2020. He was born on 19th October, 1924 in Haripur, Jalandhar
About Hockey India:
President- Mushtaque Ahmad
Secretary General- Rajinder Singh
Formed- May 20, 2009
Headquarters- New Delhi
Affiliated International Hockey Federation(FIH), Indian Olympic Association(IOA) and Asian Hockey Federation(AHF)
<< Read Full News >>
Former Inter coach Gigi Simoni passed away at 81
Former Inter head coach Gigi Simoni, who led a Ronaldo-inspired team to UEFA (Union of European Football Associations) Cup glory in 1998, passed away at the age of 81 in Pisa, Italy. He was born on January 22, 1939, in Crevalcore, Italy.
About Italy:
Capital– Rome.
President– Sergio Mattarella.
Prime Minister (PM)– Giuseppe Conte.
<< Read Full News >>
IMPORTANT DAYS
World Thyroid Day 2020, May 25
25th May of Every year is observed as World Thyroid Day all over the world, established in 2008 as a part of the campaign led by European Thyroid Association(ETA) and the American Thyroid Association(ATA) followed by Latin American Thyroid Society(LATS) and Asia Oceania Thyroid Association (AOTA) to commemorate the patients with Thyroid diseases and doctors and physicians who treats them.
The annual events and programs of this day around the world cannot be held this year due to COVID-19 pandemic.
About ATA:
President- Martha Zeiger
Executive Director- Amanda Perl
Founded- 1923
Headquarters- City of Virginia
About ETA:
President- Laszlo Hegedus
Secretary- Leonidas Duntas
Founded- May 25th 1965
Headquarters- Germany
<< Read Full News >>
International Missing Children’s Day 2020: May 25
International Missing Children’s Day (IMCD) is observed every year on May 25 globally since 2001. The day aims to raise awareness on the issue of child abduction, educate parents on safeguarding measures to protect their children.
About International Centre for Missing and Exploited Children (ICMEC):
Headquarters– Alexandria, Virginia, US.
Chairman– Dr. Franz B. Humer.
<< Read Full News >>
STATE NEWS
Mizoram becomes the 1st state to give industry status to sports
Mizoram sports minister Robert Romawia Royte informed that the state cabinet has cleared the proposal of the Sports and Youth Service department to grant sports an industry status to boost the sports sector & generate employment among others. It becomes the 1st state to do so.
About Mizoram:
Capital– Aizawl
Governor– PS Sreedharan Pillai
National Parks(NP)– Murlen NP, Champhai; Phawngpui National Park, Lawngtlai
Tiger Reserve– Dampa Tiger Reserve, Mamit
Wildlife Sanctuaries(WS)– Ngengpui WS, Lawngtlai; Khawnglung WS,Lunglei; Lengteng WS, Champhai; Tawi WS, Aizawl; Thorangtlang WS, Lunglei; Pualreng WS, Kolasib; Tokalo WS, Saiha.
<< Read Full News >>
India Post & Bihar’s Horticulture dept. partnered to supply ”Shahi Litchi” & “Zardalu Mango” to the people at doorstep
i.The Department of Posts, Government of India and Department of Horticulture, Government of Bihar has partnered to supply ”Shahi Litchi” of Muzaffarpur & “Zardalu Mango” of Bhagalpur at the doorstep of people.
ii.Bihar Postal Circle has made an agreement with the Bihar’s Horticulture department for its logistics & delivery.
About Bihar:
Capital– Patna
Chief Minister– Nitish Kumar
Governor– Phagu Chauhan
National Park(NP)– ValmikiNP, West Champaran
<< Read Full News >>
UP govt to create migration commission to provide employment to migrant workers
The state government of Uttar Pradesh (UP) has decided to set up a ‘Migration Commission’ to provide employment and social security to over 23 lakh migrant workers in the state.
i.A framework will be made for setting up of the commission to give employment to workers in the agriculture and dairy sector on a large scale based on the skill mapping.
About Uttar Pradesh (UP):
Capital– Lucknow
Governor– Anandiben Patel
Wildlife Sanctuaries (WLS)- Bakhira WLS, Chandra Prabha WLS, Hastinapur WLS, Katarniaghat WLS, Kishanpur WLS.
<< Read Full News >>
MP Chief Minister Shivraj Singh Chouhan to inaugurate ‘Everybody will get employment’ scheme through video conferencing
Madhya Pradesh(MP) Chief Minister(CM) Shivraj Singh Chouhan will inaugurate the ‘Everybody will get employment’(Sabko Milega Rozgar) scheme through video conferencing. Under this scheme, Mahatma Gandhi National Rural Employment Guarantee Act, 2005(MNREGA) job cards will be distributed to the labourers.
About MP:
Capital– Bhopal
Governor– Lal Ji Tandon
Thermal Power Station(TPS)– Amarkantak TPS, Chachai; Sanjay Gandhi TPS, Birsinghpur; Satpura TPS, Sarni; Singaji TPS, Khandwa.
<< Read Full News >>
AC GAZE
Alibaba co-founder Jack Ma to resign from SoftBank’s Board
Alibaba co-founder, e-commerce billionaire Jack Ma is set to resign from SoftBank’s board of directors after 13 years, which is effective from June 25, 2020. SoftBank ‘s board will propose three new appointments, including Lip-Bu Tan ,Yoshimoto Goto, Yuko Kawamoto at its annual general meeting on June. The SoftBank Group is a Multinational conglomerate company in Minato city, Tokyo, Japan.
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Current Affairs Today (AffairsCloud Today)
| S.no | Current Affairs 26 May 2020 |
|---|---|
| 1 | Former Supreme Court Justice A K Sikri inaugurates Indian Dispute Resolution Centre |
| 2 | First Meeting of XVFC’s Committee on Fiscal Consolidation Roadmap held through VC; GDP growth remains -6% to 1% for FY21 |
| 3 | Uttarakhand becomes the 1st state to release report on conservation of endemic, threatened floras |
| 4 | India sets up military war game centre called ‘INDIA’ for Ugandan Defence forces in Jinja |
| 5 | India’s crude steel output slips 65.2% to 3.13 MT in Apr: Worldsteel April 2020 report |
| 6 | WHO and IOC team up to improve health through sport amidst COVID-19 Pandemic |
| 7 | Fintech startup Zaggle ties up with Visa to launch innovative payments solutions for SMEs & startups |
| 8 | US Navy successfully tests 1st solid state laser weapon system to destroy aircraft mid-flight |
| 9 | DRDO’s RCI develops ‘AINA’ AI-based Attendance Application |
| 10 | Indian Navy made breathable PPE kit “NavRakshak” |
| 11 | Scientists at BSI discover 3 new plant species in Western Ghats |
| 12 | US tennis star Jamie Hampton announced retirement from Professional tennis |
| 13 | Hockey Icon Padma Shri Balbir Singh Sr passed away at 96 |
| 14 | Former Inter coach Gigi Simoni passed away at 81 |
| 15 | World Thyroid Day 2020, May 25 |
| 16 | International Missing Children’s Day 2020: May 25 |
| 17 | Mizoram becomes the 1st state to give industry status to sports |
| 18 | India Post & Bihar’s Horticulture dept. partnered to supply ”Shahi Litchi” & “Zardalu Mango” to the people at doorstep |
| 19 | UP govt to create migration commission to provide employment to migrant workers |
| 20 | MP Chief Minister Shivraj Singh Chouhan to inaugurate ‘Everybody will get employment’ scheme through video conferencing |
| 21 | Alibaba co-founder Jack Ma to resign from SoftBank’s Board |
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