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Important Current Affairs of 3rd June

NATIONAL:

ONGC became Indias most profitable public sector company.

• Oil and Natural Gas Corp (ONGC), India's top oil and gas producer, has toppledIndian Oil Corp (IOC) to regain the crown of being the country's most profitable public sector company.

• Oil and Natural Gas Corp (ONGC) reported a 34% jump in its 2018- 19 fiscal net profit to Rs.26,716 crore.

• Whereas, IOC registered a net profit of Rs.17.274 crore for the fiscal year ended March 31, 2019.

• ONGC, in the previous two financial years, had lost the most profitable PSU tag to IOC. With its refining margins under pressure due to falling oil prices, IOC had also lost the title of being India's largest company by turnover tag to billionaire Mukesh Ambani-led Reliance Industries in FY19.

• Reliance has been India's most profitable company for the fourth year in a row.

Oil and Natural Gas Corporation (ONGC):

Founded on: 14 August 1956

Headquarters: New Delhi, India

Chairman & MD: Shashi Shankar

Owner: Government Of India

ONGC is an Indian multinational oil and gas company.

• It is a Public Sector Undertaking (PSU) under the administrative control of the Ministry of Petroleum and Natural Gas.

• It produces around 70% of India's crude oil and around 62% of natural gas.

India has 20 health workers per 10,000 people: NSSO study.

• National Sample Survey Organization (NSSO) data showed that India has 20.6 health workers per 10,000 people.

• This is less than the World Health Organization's (WHO) minimum overreach of 22.8 per 10,000 people.

• Distribution of health workers:

• This is uneven between the urban and rural areas.

• Rural areas with 71 % of India's population have only 36% of health workers.

• Delhi highest concentration of health workers followed by Kerala, Punjab, and Haryana.

• Public and private sector: The study has further notified that there is an uneven distribution of health workforce seen in public and health sector too.

About NSSO:

Founded on: 1950

Headquarters: Delhi

INTERNATIONAL:

Sri Lankan presidential polls to be held between 15 Nov and 7 Dec.

• The presidential elections in Sri Lanka would be held between November 15 and December 7, Election Commission Chairman Mahinda Deshapriya has said, clarifying that according to constitutional provisions, the polls must be held one month before the end of the current President’s term.

President Sirisena's five-year term is scheduled to end on January 8, 2020. Sirisena was elected for a 5-year term on January 8, 2015, when he challenged the incumbent Mahinda Rajapaksa.

APPOINTMENTS AND RESIGNATIONS:

SpiceJets Chairman and MD Ajay Singh was elected to the board of IATA.

• SpiceJet's Chairman and Managing Director Ajay Singh was elected to the board of the International Air Transport Association (IATA), less than three months after the airline joined the global grouping.

• Founder and former chairman of the now grounded Jet Airways Naresh Goyal, who was associated with the IATA for a long time, was a member on the previous board.

Board of IATA:

• The new board of the global airlines' grouping would be chaired by Lufthansa Group Chief Executive Officer Carsten Spohr, who took charge after the conclusion of the IATA annual general meeting at Seoul, South Korea.

• Spohr will be the Chairman of the IATA Board of Governors (BoG) for a one-year term. Other board members include Air Canada President and CEO Calin Rovinescu, Qantas CEO Alan Joyce and Qatar Airways CEO Akbar Al Baker.

• In March, SpiceJet became the first Indian low-cost carrier to take membership of the IATA, a grouping of around 290 airlines.

International Air Transport Association (IATA):

Formed on: 19 April 1945

Headquarters: Quebec, Canada

DG and CEO: Alexandre de Juniac

Membership: 290 airlines in 120 countries

• IATA is a trade association of the world’s airlines. IATA provides consulting and training services in many areas.

VP Sivakolundhu elected as Puducherry Assembly Speaker.

• Puducherry Deputy Speaker and Lawspet legislator VP Sivakolundhu was on Monday elected as the new Speaker of the Union Territory Assembly. The Speaker's chair fell vacant after Congress' V Vaithilingam stepped down on March 21 to contest the Lok Sabha elections from the lone Puducherry parliamentary seat. The Congress leader, Sivakolundhu, was the sole contender for the Speaker's post.

DAYS:

June 3 is celebrated as the World Bicycle Day across the globe.

• In April 2018, the United Nations General Assembly (UNGA) declared 3 June as International World Bicycle Day. The resolution for World Bicycle Day recognizes the uniqueness, longevity, and versatility of the bicycle, which has been in use for two centuries, and that it is a simple, affordable, reliable, clean and environmentally fit sustainable means of transportation.

• 2019 will be the second year when it will be celebrated after the UN General Assembly declared it in 2018 to acknowledge the uniqueness, longevity and the importance of the bicycle which is a simple, affordable, reliable and an environmentally friendly mode of transportation.

Aim:

• The day aims to promote the use of bicycles as a means of fostering sustainable development, strengthening education, including physical education, for children and young people, promoting health and tolerance, preventing disease, mutual understanding and respect, facilitating social inclusion and a culture of peace.

World Bicycle Day in India:

• In India, Vice President of India Venkaiah Naidu had flagged off a cycling rally in Connaught Place in Delhi on the occasion of World Bicycle Day. It was also celebrated by cyclists in many other cities like Bengaluru and Mumbai.

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Important Current Affairs 2nd June

NATIONAL:

India removes restriction on air space usage.

• Indian Air Force (IAF) removed all temporary restrictions on all air routes in the Indian airspace.

• The IAF made the announcement on Twitter.

• The IAF imposed restrictions following air strikes on a terror camp at Balakot in Pakistan on 27th February.

• India imposed restrictions which did not allow any aircraft flying over Pakistan airspace to use entry or exit points into India.

• Since February 27, flights on these sectors were taking longer routes leading to an increase in flying time by up to three hours.

About Indian Air Force (IAF)

Founded: 8 October 1932

Headquarters  : New Delhi

Commander-in-Chief : President Ram Nath Kovind

NITI Aayog suggested a National Project Management Policy Framework.

• A task force on project management, headed by NITI Aayog CEO Amitabh Kant, has suggested the development of a National Project Management Policy Framework for the effective execution of public sector and public-private partnership infrastructure projects.

• It has also recommended the setting up of a nodal body for the certification of chartered project management professionals to create world-class infrastructure. The project management, with a view to delivering on time and within budget, is a learnable capability that can be institutionalised as demonstrated by the experiences of the U.S., the U.K., the UAE, and China.

NITI Aayog

Formed: 1 January 2015

Preceding: Planning Commission

Headquarters: Delhi

Chairman: Narendra Modi

Vice Chairman: Rajiv Kumar

CEO: Amitabh Kant

• NITI Aayog is a policy think tank of the Government of India.

• It is established with the aim to achieve Sustainable Development Goals and to enhance cooperative federalism by fostering the involvement of State Governments of India in the economic policy-making process using a bottom-up approach.

INTERNATIONAL:

Astronomers discovered the Forbidden Planet, NGTS- 4b in the Neptunian Desert.

• An international collaboration of astronomers with the University of Warwick, I-JK, have discovered an exoplanet, Next-Generation Transit Survey(NGTS)- 4b, the Forbidden Planet, in the Neptunian Desert.

• It is smaller than Neptune but 3 times the size of the Earth.

• The Research was led by Dr. Richard West including Professor Peter Wheatley, Dr. Daniel Bayliss and Dr. James McCormac from the Astronomy and Astrophysics Group at the University of Warwick.

• This information was published in the Journal Monthly Notices of the Royal Astronomical Society(MNRAS).

• The Forbidden Planet with a mass of 20 Earth masses, radius 20% smaller than Neptune and temperature of 1000 degree Celsius, orbits around the star in only 1.3 days and its atmosphere as gases.

• NGTS, situated at the European Southern Observatory Paranal Observatory in the Atacama Desert, Chile.

AGREEMENTS AND MOU’s:

The US formally terminated Indias eligibility for a duty free import scheme.

• The United States on formally terminated India’s eligibility for a duty-free import scheme for developing countries on 31 May. It cited that India has not given assurances it will provide equitable and reasonable access to its markets to US companies as required under relevant American trade laws. The US President Donald Trump has said the country would end its preferential trade treatment for India on June 5.

India-The biggest beneficary:

• Notably, India is the biggest beneficiary of the US' Generalized System of Preferences (GSP). It sold an estimated $6.3 billion worth of goods to the United States under this program in 2018.

Background:

• President Trump had conveyed is an intention to terminate India’s eligibility for the programme, Generalized System of Preferences (GSP), to the US Congress on March 4. And the formal termination became due on May 4, after the mandatory 60-day notice period.

• But the administration held off on the proclamation as India was in the middle of elections at the time and there was pressure from US lawmakers, from both parties, to delay the termination to allow more time for negotiations. There was an expectation that India could avert the termination.

• But the Trump administration had concluded much before, according to people close to the developments, that India would not be able to deliver no matter how much additional time it was given.

What is Generalized System of Preferences (GSP)?

• The Generalized System of Preferences (GSP) is a U.S. trade program designed to promote economic growth in the developing world by providing preferential duty-free entry for up to 4,800 products from 129 designated beneficiary countries and territories. GSP was instituted on January 1, 1976, by the Trade Act of 1974

• The GSP program has effective dates which are specified in relevant legislation, thereby requiring periodical reauthorization in order to remain in effect GSP expired on July 31, 2013, and was most recently reauthorized on June 29, 2015 (effective July 29, 2015) for a period of two and a half years.  The relevant legislation permits retroactive extension of GSP benefits. Recently the USA has excluded India from the list of beneficiaries of this program.

Govt extends PM-KISAN scheme, announces Rs 6,000 cash handout scheme to all farmers.

• In the first Cabinet meeting, Modi led new government decided to extend PM- KISAN scheme to all 14.5 crore farmers in the country costing Rs 87,000 crore a year and also announced over Rs 10,000 crore pension scheme for 5 crore farmers, thereby fulfilling the BJP's poll promise.

• The Rs 75,000-crore Pradhan Mantri Kisan Samman Siddhi (PMKSS - PM Kisan) was announced in the interim Budget under which the government decided to provide Rs 6,000 per year (in three equal instalments) to an estimated 12.5 crore small and marginal farmers holding land up to 2 hectares.

• Now, the revised scheme envisages to cover around 2 crore more farmers increasing the coverage of the PM- KISAN to around 14.5 crore beneficiaries.

• Farmer pension scheme:

• Cabinet also approved the Pradhan Mantri Kisan Pension Yojana under which small and marginal farmers will get a minimum fixed pension of Rs 3,000 per month on attaining the age of 60 years.

• The scheme will cost the exchequer a total of ₹10,000 crore per annum.

• New Union Minister of Agriculture and Farmers welfare - Narendra Singh Tomar

BANKS AND ECONOMICS:

Forex reserve rises by 1.99 billion to 419.99 billion.

• India's foreign exchange reserves increased by 1.994 billion to 419.992 billion US Dollar in the week ended 24th May 2019.

• RBI released that foreign currency assets rose by 1.991 billion to 392.188 billion US Dollar.

In the previous week, the reserves had declined by 2.05 billion to end at 417.99 billion US Dollar. 

• Gold reserves remained stable at 23.021 billion US Dollar. India's special drawing rights with the International Monetary Fund went by 0.8 million to 1.445 billion US Dollar, while the country's reserve position also increased by 2 million to 3.336 billion US Dollar.

APPOINTMENTS AND RESIGNATIONS:

Yoga Instructor, Namrata Menon appointed as brand ambassador to promote yoga in Goa.

• State Health Department of Goa announced the appointment of Panaji-based, Namrata Menon, Yoga Instructor, and fitness expert, as brand ambassador to promote yoga in Goa.

• She is appointed to promote the ancient system of physical and mental practices to raise awareness about the benefits of yoga so that people follow it on a daily basis.

• She is practicing yoga for 17 years.

• The main objective of this initiative is to increase awareness about the benefits of yoga and encourage people to inculcate a healthy lifestyle.

• The Panaji-based expert has been practicing yoga since the last 17 years and has been instrumental in inspiring many people to take up the ancient practice that involves a range of postures (asanas).

Anita Bhatia appointed as Deputy Executive Director in UN Women.

• Indian-origin Anita Bhatia, a veteran in strategic partnerships, resource mobilization, and management, has been appointed by United Nations Secretary-General Antonio Guterres as the United Nations Entity for Gender Equality and the Empowerment of Women (UN-Women) for Resource Management, Sustainability, and Partnerships. The agency focussed on women empowerment and gender equality.

• The key appointment comes less than a week after Guterres appointed decorated Indian Army officer Lieutenant General Shailesh Tinaikar as his new Force Commander of the UN Mission in South Sudan.

Anita Bhatia:

• Bhatia holds a Bachelor of Arts in History from Calcutta University, a Master of Arts in Political Science from Yale University and a Juris Doctor in Law from Georgetown University.

Bhatia served for several years as Director of Global Partnerships for the International Finance Corporation (IFC), the World Bank Group's private sector arm.

• Bhatia has led diverse teams, including as Global Head of Knowledge Management, Head of Business Process Improvement and Head of Change Management. In addition to Latin America, she has worked in Africa, Europe, Central Asia and South and East Asia.

AWARDS:

Former Indian President of India Pratibha Patil conferred the Orden Mexicana del Aguila Azteca award.

• Former Indian President Pratibha Patil has been conferred the "Orden Mexicana del Aguila Azteca" (Order of the Aztec Eagle), the highest civilian award of Mexico given to foreigners, on 1 June 2019.

• The Ambassador of Mexico to India, Melba Pria, conferred the award on Patil, who created history as this country's first woman President (2007-2012), at a special ceremony held in the MCCIA Bhavan, Pune.

Recognized for:

• Mexico's highest distinction for foreigners is in recognition of their outstanding services to the Mexican nation or humanity, significant contributions to strengthening the bilateral relations between Mexico and other countries.

Other India Awardees:

• Ms. Patil, 85, becomes only the second Indian head of state to get the award. Earlier, the late President S. Radhakrishna had been conferred this honour.

• Other Indian recipients in various categories include Nobel laureate Amartya Sen, renowned artist Satish Gujral, industrialist Raghupati Singhania, Consul-General of Mexico in Mumbai Rajju Shroff and others.

Order of the Aztec Eagle Award:

• The royal eagle is Mexico's national animal, sacred to the ancient Aztecs and it is present on the National Emblem of the Mexican flag. It is an essential symbol that links their Aztec past with the modern nation.

• It is of gold and turquoise and is given to express the respect and admiration of the Mexican people.

• The award was created by a decree in 1993 by the then President of Mexico, Abelardo L. Rodriguez, it is awarded to prominent heads of state or government, ambassadors after they have served in Mexico, important personalities who have made a major contribution in various fields, service to the country or its people.

• The award comes in five degrees namely Collar, Sash of Special Category, Sash, Plaque, Venera and Insignia.

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Important Current Affairs of 1st June

NATIONAL:

Tenth National Science Film Festival of India to be held in Agartala, Tripura in 2020.

• 10th National Science Film Festival of India(NSFFl) will be in Agartala, Tripura in January-February 2020.

• This is for the second time the event will be held in a North-Eastern city.

• It will be jointly hosted by Vigyan Prasar of the Central Government, State Government, and Tripura Central University.

Chief Minister of the State Biplab Kumar Deb had requested the Union Science and Technology Ministerto hold the NSFF in Tripura.

• Minimum 10 countries will participate in the upcoming event and it will include the films produced by UNICEF, UNESCO and filmmakers from different countries.

• In NSFFI, the maximum length of the films will be 40 minutes and Vigyan Prasar will raise awareness on science and environment to the society through cinemas.

NSFFI was first held in Chennai in 2011.

• Since then, all the regions of the nation have been covered including Bhubaneshwar, Kolkata, Bangalore, Lucknow, Mumbai, Guwahati and Mohali.

• Besides the NSFFI, The Tripura Government has plans to host 'Destination Tripura', a special competitive film production initiative.

• It will focus on upholding tourism and rich biodiversity of Tripura like the flora and fauna, wildlife sanctuaries, water bodies, rubber and bamboo plantations

About National Science Film Festival of India(NSFFl)

• The festival is an initiative of Vigyan Prasar and the Government of India to promote science films in India.

• Science filmmaking is not a developed field in India compared to many other developed countries.

Mohana Singh becomes 1st woman fighter pilot to fly Hawk jet.

• Flight Lieutenant Mohana Singh has become the first woman fighter pilot to be qualified to undertake missions by day on Hawk advanced jet aircraft, an official statement said. Her training involved flying both air-to-air combat and air-to-ground missions. She has a total of over 500 hours of incident-free flying of which 380 hours are on the Hawk Mk 132 jet.

About Mohana Singh:

• Mohana Singh Jitarwal is one of the first female pilots of India. She was declared as the first combat pilot along with two of her cohort, Bhawana Kanth, and Avani Chaturvedi. All three women pilots were inducted into the Indian Air Force fighter squadron in June 2016.

INTERNATIONAL:

For the first time in 92 years, 6 Indian-origin kids among 8 won the National Spelling Bee Contest.

• For the first time in 92 years, 6 Indian-origin kids were among the 8 who won the 92nd Scripps National Spelling Bee Contest.

• They were awarded the cash of $50,000 and prizes.

• The competition, broadcasted in ESPN, was held at Gaylord National Resort in National Harbor, Maryland, US.

• Erin Howard aged 14 of Alabama, Rishik Gandhasri aged 13 of California, Saketh Sundar aged 13 of Maryland, Shruthika Padhy aged 13 of New Jersey, Sohum Sukhatankar aged 13 of Texas, Abhijay Kodali aged 12 of Texas, Christopher Serrao aged 13 of New Jersey and Rohan Raja aged 13 of Texas were the winners of the competition.

• There were 565 contestants aged between 7 and 14 who have not passed 8th grade from US, Canada, Ghana, Jamaica, Japan, Bahamas, Germany, South Korea and other countries.

• The winners correctly spelt the final 47 words accurately over 5 consecutive rounds with words like Omphalopsychite, Geeldikkop, auftaktigkeit and many more.

The winner of the year 2018 was Karthik Nemmani, a 14-year-old eighth-grader from Texas.

• Balu Natarajan became the first Indian-origin child to win in the year 1985.

National Spelling Bee Contest is a high profile, a high-pressure endurance test of exotic words.

APPOINTMENTS AND RESIGNATIONS:

Gautam Sawang takes charge as new DGP of Andhra Pradesh.

• Damodar Gautam Sawang, a 1986-batch IPS officer, on Saturday took charge as new Director General of Andhra Pradesh Police. His predecessor RP Thakur was transferred to the Printing and Stationery Department as Commissioner by state's CM YS Jagan Mohan Reddy on his first day in office. Sawang has also worked as SP and DIG of Police of Maoist-hit Warangal district.

About Gautam Sawang:

• Damodar Gautam Sawang is the present Director General of Police, Andhra Pradesh who was appointed in 31 May 2019. Sawang is a Regular Recruit of the Indian Police Service belonging to the 1986 batch and allocated to the Andhra Pradesh Police cadre.

• Born: 10 July 1963 (age 55 years)

• Service years: 1986-present

• Status: Commissioner of Police, Vijayawada

• Department: Andhra Pradesh Police

• Award: President's Police Medal for Distinguished Service

• Rank: Director general of police

DAYS:

World Milk Day is observed on 1 June.

• World Milk Day is a day established by the Food and Agriculture Organization (FAO) of the United Nations to recognize the importance of milk as a global food. It has been observed on June 1 each year since 2001.

The day is intended to provide an opportunity to bring attention to activities that are connected with the dairy sector.

• Objective of the day:

- To provide information about the need and importance of milk in a human being's life.

- Various activities are organised on this day to raise awareness about milk and milk products.

- To celebrate the contribution of milk and dairy products in several industries, the economy and people's lives.

- To educate people about the nutrients that are present in the milk like calcium, protein, vitamin B2, potassium, iodine, etc.

- Several promotional activities about milk and its importance are launched by the International Dairy Federation on its website online.

Milk:

Milk contains valuable nutrients and offers a range of health benefits. It is a white liquid produced by the mammary glands of mammals.

Milk is not only consumed by growing children but also by the people of all age groups. It is an important part of our daily diet. It has great nourishing value and a rich source of calcium, protein, fat and vitamin C. Mainly we get milk from cows, buffaloes and from other animals like sheep, goat and camel.

Milk day in India:

• The World Milk Day event does not follow a specific theme in the world. Different countries, governments, and non-governmental organisations decide their own theme.

• The theme for World Milk Day 2019 in India is "Drink Milk: Today & Everyday".

Various campaigns are organised in India at the Indian Veterinary Research Institute (IVRI), Izatnagar, Bareilly, Uttar Pradesh and focuses on safe, hygiene milk production and consumption.

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Important Current Affairs 31st May 2019

NATIONAL

Gujarat traffic police to use laser guns to curb overspeeding

• The Gujarat governmenthas decided to equip the traffic police with 'laser guns'for detection of over-speeding by vehicles. The state police's traffic branch has purchased 39 such high-tech guns at a cost of Rs.3.9 crore.

• Five of these US-made devices will be given to the Ahmedabad city police, and every district police force will also be provided one of these guns.

A three-day workshop was organised recently at the Karai Police Academy here to impart training to over 200 traffic policemen on operating the device.

• Laser gun:The gun uses laser technology to detect the speed of a vehicle. It can record the speed of three vehiclessimultaneously in a second, even if the vehicles are a km away.The device is equipped to record speeds from 0-320 kilometre per hour.

• The speed gun is an online device which can send an e-memo to the owner with a photo of the vehicle. If required, the speed gun can also generate and print the challan offline on the spot.

It is also capable of recording videos of the over- speeding vehicles which will serve as proof if the vehicle owner confronts the police.

SC extends tenure of NCDRCs judicial member by one year

• Supreme Court May 29 extended the tenure of Justice V K Jain, a judicial member of the National Consumer Disputes Redressal Commission (NCDRC), which was expiring.

• A vacation bench comprising Chief Justice Ranjan Gogoi and Justice Aniruddha Bose said the extension of tenure would be for one year or till the process of fresh appointment is completed.The bench was dealing with an application seeking an extension of Justice Jain's tenure.

• He had joined the Delhi Judicial Service on May 20, 1977, and was later appointed as a judge of the Delhi High Court on May 14, 2009.

He had demitted the office on May 14, 2014, after which he was appointed as a judicial member of the NCDRC.

Mississippi River flood becomes the longest-lasting in over 90 years

• Flooding in theMississippi River is on the record for being the longest-lasting in more than 90 years since the "Great Flood" of 1927.

It is due to relentless, record-breaking spring rainfall. In the month of June also, Mississippi River will continue to rise as runoff from snowmelt upstream in combination with rainfall runoff moves through the river system.

• Along several parts of the river, water levels have been at flood stage for nearly 4 months. It is the longest stretch of time since the Great Flood.

• The reason for this drastic flood is climate change, as planet is getting warmer which is resulting in rise of heavy downpours.

About the Mississippi River:

• It is the second-longest river and Chief River of the second-largest drainage system on the North American continent.

Source: Lake Itasca, Minnesota, United States

Mouth: Gulf of Mexico

INTERNATIONAL

Goldman Sachs to invest USD250 mn to construct one of its largest global workspaces in Bengaluru

• New York-based investment and financial services major Goldman Sachs have pumped in $250 million to construct one of its largest global workspaces in Bengaluru.

• Bengaluru workspace:Bengaluru, with 2,500 techies, is the second-largest engineering talent base of Goldman Sachs after New York. Goldman Sachs Service, Bengaluru has become one of the firm’s global centres of innovation focused on the development and application of artificial intelligence, machine learning, and data analytics to help solve business problems for our worldwide network.

• The investment bank has seen significant technology value-addition from Bengaluru during the past one-and-a-half decades, and software solutions developed in the city have been used in many business verticals. It has also undertaken automation of key services such as client onboarding.

ISS spacewalk successfully carried out for the 217th time by 2 cosmonauts

• Two Russian space agency Roscosmos' cosmonauts have successfully carried out the 217th spacewalk for International Space Station's support, maintenance and upgrade. The spacewalk, fourth for 2019, was done by Expedition 59 Commander Oleg Kononenko and Flight Engineer Alexey Ovchinin and lasted six hours and one minute.

• This was Commander Kononenko's fifth spacewalk and the first-ever for Ovchinin.The cosmonauts retrieved science experiments, install handrails on the Russian segment of the complex, and conduct maintenance on the orbiting laboratory.

• Roscosmos State Space Corporation:

Formation: 25 February 1992

Headquarters: Moscow, Russia

Administrator: Dmitry Rogozin

Parent organization: The Russian government

• It is responsible for the wide range and types of space flights and cosmonautics programs for the Russian Federation.

APPOINTMENT AND RESIGNATION

Former Flipkart Executive Sandeep Patil appointed as India Managing Director of Truecaller

• Former Flipkart Executive Sandeep Patil appointed as India Managing Director of Truecaller. He served as the head of consumer and commercial lending vertical at Flipkart until his new appointment with Truecaller.

Sandeep Patil will be leading business strategies to expand the company and increase its revenue.

• He will be supervising the teams based in Delhi, Mumbai and Bengaluru.

India is the largest market for Truecaller with 60-70% of global revenue and user base.

It has 100 million daily active users in the country.

About Truecaller

Headquarters: Stockholm

Founded: 2009

Founders: Nami Zarringhalam and Alan Mamedi

AWARDS AND RECOGNITION

Air Chief Marshal B S Dhanoa received baton of Chairman COSC

• Chief of the Air Staff Air Chief Marshal Birender Singh Dhanoa received the baton of Chairman, Chiefs of Staff Committee from outgoing Chairman COSC and Chief of the Naval Staff Admiral Sunil Lanba,

• Air Chief Marshal Birender Singh Dhanoa will be the Chairman COSC with effect from May 31, 2019, consequent to relinquishment of charge by Admiral Sunil Lanba upon superannuation.

• Air Chief Marshal Birender Singh Dhanoa, an alumnus of Rashtriya Indian Military College and the National Defence Academy, was commissioned in the Flying Branch of Indian Air Force in June 1978.  He is an experienced fighter pilot and a qualified CAT ‘A’ Flying Instructor with over 3000 hours of flying experience to his credit.

• The Air Chief Marshal has mainly flown the MiG-21 aircraft with flying experience across the entire spectrum of fighter aircraft of the Indian Air Force.

Admiral Sunil Lanba is proceeding on retirement on May 31, 2019, after a distinguished career spanning over four decades.

BANKS AND ECONOMY

NCLT approved the the resolution plan of Tata Steel to acquire Bhushan Energy Ltd.

• The National Company Law Tribunal (NCLT) approved the resolution plan of Tata Steel to acquire debt-ridden Bhushan Energy Ltd. for about Rs.800 crore on 30 May. The principal bench of NCLT-Delhi also rejected objections from Bhushan Energy’s former promoter Neeraj Singal opposing Tata Steels’ bid.

• Resolution plan:Under the resolution plan, Tata Steel will offer an upfront payment of Rs.730 crore. It would also pay Rs.50 crore additionally to operational creditors of the company. Besides, Tata Steel would also infuse Rs.367 crore into the company as a part of equity infusion. A detailed order is still awaited in this matter.

• Acquisition of Bhushan Steel Ltd.:Bhushan Energy was a subsidiary of Bhushan Steel Ltd., which was also taken over by Tata Steel last May and later renamed as Tata Steel BSL Ltd.Tata Steel had offered Rs.35,200 crore in cash to acquire Bhushan Steel besides Rs.1,200 crore to creditors and convert the remaining debt owed to banks to equity.

• Earlier in June 2018, in this matter, NCLT had extended the insolvency resolution period for 90 days after the creditors failed to find a suitable buyer within the initial period of 180 days as mandated under the Insolvency & Bankruptcy Code (IBC).

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Important Current Affairs of 30th May

NATIONAL:

India moves up to 43rd in competitiveness; Singapore tops chart.

• India secured 43rd rank in the most competitive economy across the world and Singapore topped the chart by toppling the US from the first position and Hong Kong SAR ranked 2nd place as same as last year.

• The US ranked 3rd in the ranking.

• Switzerland ranked 4th in the ranking.

• UAE first time entered into the top 5 rankings. Last year in 2018 UAE ranked 7th.

• Venezuela ranked last in the rankings due to high inflation, poor access to credit and a weak economy.

• The improvement of India's rank resulted of its robust economic growth, large labour force and its huge market size.

About World Competitiveness Rankings

• The World Competitiveness Rankings was published by IMD Business School every year.

• The rankings first time published in 1989.

• It incorporates 235 indicators and ranked 63 countries every year.

INTERNATIONAL:

Huawei challenged U.S.s NDDA bill as sanctions fight ramps up.

• World's largest telecom equipment maker Huawei filed a motion in a US court to declare National Defense Authorization Act (NDAA) as "unconstitutional". The U.S. court had agreed  on a schedule to hold hearings in September on motions by opposing sides.

NDDA Bill:

• The NDAA bill, passed by the U.S. Congress in 2018, places a broad ban on federal agencies and their contractors from using Huawei equipment on national security grounds, citing the company’s ties with the Chinese government.

Huawei's accusation:

• In its petition, Huawei said that NDAA illegally targets without opportunity for rebuttal or escape. It provides no opportunity to present evidence as defence. The company repeatedly denied it is controlled by the Chinese government, military or intelligence services.

Ban on Huawei:

• In early May 2019, the U.S. Commerce Department put Huawei on a trade blacklist that bans companies from doing business with the Chinese firm, a move which immediately disrupted the global tech sector. The ban affected the company's more than 1,200 suppliers and threatened to affect its 3 billion customers in 170 countries.

• Huawei, which has been given a 90-day reprieve from the ban, has denied its products pose a security threat and protested Washington’s attempts to limit its business.

US removed India, Switzerland from its currency monitoring list.

• US Government removed India and Switzerland from its currency monitoring list US Government has removed India and Switzerland from its currency monitoring list. The monitoring list includes countries with potentially questionable foreign exchange policies and practices currency manipulation. It is prepared by the US Treasury Department.  India had a significant trade surplus while Switzerland had a material current account surplus.  In its semi-annual report to US Congress on International Economic and Exchange Rate Policies, the Treasury Department removed India and Switzerland from the list.

• Criteria:

• Countries with a current-account surplus equivalent to 2% of the Gross Domestic Product(GDP) are eligible for the list, according to modifications made in the new list, down from 3% earlier.

• repeated intervention in the currency markets

• a trade surplus with the US of at least $20 billion

• Why was India removed?

• India was placed in the bi-annual currency watch list in October 2018.  In 2018, there was a decline in the scale and frequency of foreign exchange purchases in Switzerland and India. Neither Switzerland nor India met the criteria for having engaged in persistent, one-sided intervention in either the October 2018 report or the recent report.

• India had met one out of three criteria which were necessary for inclusion on the monitoring list, a significant bilateral surplus with the US for two consecutive reports.

• India for the first time was placed by the US in its currency monitoring list of countries with potentially questionable foreign exchange policies in May 2018. As per the Report of October 2018, India had made improvements in this regard.

• The US Treasury Department reported that India maintains ample reserves according to the International Monetary Fund (IMF) metrics for reserve adequacy.

• Countries in the list:

• At present, the list includes 9 countries namely China, Japan, South Korea, Germany, Italy, Ireland, Singapore, Malaysia, and Vietnam. 

• The US Treasury Department urged the Asian nations to take necessary steps to avoid a "persistently weak currency'.

About the USA:

• President: Donald Trump

• Capital: Washington, DC

• Currency: US Dollar

WHO concluded that Burnout is not a medical condition.

• The World Health Organization (WHO) has for the first time recognised "burn out" in its International Classification of Diseases (ICD), collectively known as the ICD-11. The decision was taken during theWorld Health Assembly (WHA) in Geneva.

Burn-out:

• WHO has now defined burnout as “a syndrome conceptualised as resulting from chronic workplace stress that has not been successfully managed”. Burn-out refers specifically to phenomena in the occupational context and should not be applied to describe experiences in other areas of life

• The syndrome was characterised by:

1) feelings of energy depletion or exhaustion

2) increased the mental distance from one's job or feelings of negativism or cynicism related to one's job

3) reduced professional efficacy.

 Significance:

• Classifying "burn-out" in ICD could help put to rest years of debate among experts about how to define burnout, and whether it should be considered a medical condition or not.

• International Classification of Diseases (ICD):

• It is the global health information standard for mortality and morbidity statistics. It was created in 1948 and WHO was entrusted with it. ICD is revised periodically and this year is currently its 10th revision.

• It is widely used as a benchmark for diagnosis and health insurers. The updated 'CD list, dubbed as ICD-11, was drafted in 2018 following recommendations from health experts from all around the world. It was approved on 25 May 2019 and will take effect in January 2022.

AGREEMENTS AND MOU's:

NSIC signed MoU with the Ministry of MSME for 2018-19 financial year.

• The National Small Industries Corporation Limited (NSIC) signed a Memorandum of Understanding (MOU) with the Ministry of Micro, Small and Medium Enterprises (MSME) for the year 2018-19. The MOU was signed by Ram Mohan Mishra and Arun Kumar Panda in the presence of Alka Nangia  Arora, Joint Secretary, SME; Mercy Epao, Director (SME); P Udaya Kumar, Director, P&M, NSIC, and A.K. Mittal, Director, Finance, NSIC.

The MoU envisages provision of enhanced services by NSIC under its marketing, financial, technology, and other support services schemes, for MSMEs in the country.

• NSIC plans to increase Profitability:

• NSIC projects to increase its total business by 21.30% from Rs.22,258 crore in the year 2017-18 to Rs.27,000 crore in the year 2018-19.

• NSIC also projects growth of 32% in Profitability during the year 2019-20.

• It also plans to enhance its activities in the areas of imparting entrepreneurship and skill development training. It will do so by targeting 45 percent growth in the number of trainees.

• In August 2018, NSIC had opened another office in Bhubaneswar to encourage MSMEs, including SC/ST groups. The building has workplaces for different offices such as National Skill Development Corporation (NSDC), National Skill Training Institute (NSTI) and others which will work with NSIC for offering help to different MSMEs.

• National Small Industries Corporation Limited (NSIC):

Founded: 1955

Headquarters: New Delhi, India

Chairman & MD: Ram Mohan Mishra

Parent: Ministry of Micro, Small and Medium Enterprises

• NSIC is the nodal office for several schemes of Ministry of MSME such as Performance & Credit Rating, Single Point Registration, MSME Databank, National SC ST Hub, etc.

BANKS AND ECONOMICS:

RBI constitutes a committee for Housing Finance Securitisation Market.

• The Reserve Bank of India (RBI) constituted a committee to review the existing state of mortgage securitisation in India and suggest measures to deepen it. The six-member committee on Development of Housing Finance Securitisation Market is headed by Harsh Vardhan, Senior Advisor, Bain & Co.

• Role of the panel:

• The panel will review the regulations relating to mortgage-backed securitisation (MBS) currently in place, and make specific recommendations on suitably aligning the same with international norms.

• It will assess the role of various counterparties, including servicers, trustees, rating agencies, in the securitisation process and suggest the steps required.

MBS in India:

• Data from rating company ICRA showed that the securitisation volume in FY19 more than doubled as against FY18 to Rs.2 lakh crore, of which major chunk of loans sold was by housing finance companies (HFCs) to both the demand and the supply side, as well as certain prudential, legal and tax and accounting issues

• Mortgage-Backed Security (MBS):

• Mortgage-Backed security (MBS) is a type of asset-backed security that is secured by a mortgage or collection of mortgages.

• category: Banking & Finance

• banks in order to raise funds owing to tough liquidity conditions.

• The mortgage securitisation market in India is primarily dominated by direct assignments among a limited set of market participants on account of various structural factors impacting.

APPOINTMENTS AND RESIGNATIONS:

Muhammadu Buhari sworn in as the president of Nigeria for the second term.

• Muhammadu Buhari sworn in for a second term as Nigeria's president.

• He is a former military ruler, won 56 percent of the votes to defeat his main challenger, former Vice President Atiku Abubakar of the Peoples' Democratic Party (PDP) in the February election.

According to Transparency International's 2018 Corruption Perceptions Index, Nigeria failed to improve its ranking of 144th out of 180 countries from the previous year, despite a number of positive steps.

• Buhari is the twenty-third child of his father.

• Buhari was raised by his mother after his father died when he was about four years old.

About Muhammadu Buhari

Born:17 December 1942

Political party: All Progressives Congress

Nationality: Nigerian

Walmart Appoints Suresh Kumar as Chief Technology Officer.

• US-based retail chain Walmart appointed Suresh Kumar, an IIT Madras graduate, and former Google executive, as chief technology officer and chief development officer.

• The appointment comes at a time when Walmart is transforming its customer and associate experiences.

• He has 25 years of technology leadership experience, coming from Google, Microsoft, Amazon, and IBM.

• He has a unique understanding of the intersection of technology and retail, including supply chain, and has deep experience in advertising, cloud and machine learning.

About Walmart

Founded : July 2, 1962;

Founder: Sam Walton

Headquarters: Bentonville, Arkansas, U.S.

Chairman: Greg Penner

President and Chairman: Doug McMillon

Paytm COO Vasireddy, ex-Paytm Mall COO Sinha quit: Report.

• Paytm Chief Operating Officer (COO) and Senior VP of business Kiran Vasireddy and former Paytm Mall COO Amit Sinha are leaving the homegrown fintech giant, Entrackr reported. Since Sinha led Paytm Mall till February, his accountability quotient for Paytm Mall's poor performance stands high, Entrackr quoted sources as saying. "Their resignation is only a speculation," Paytm responded to the report.

AWARDS:

N Kumar, TNAU V-C, conferred with 'Lifetime Recognition Award' by the Confederation of Horticulture Association of India.

• Lifetime Recognition Award by the Confederation of Horticulture Association of India was given to Professor N. Kumar, Vice-Chancellor of Tamil Nadu Agricultural University.

• The award has been conferred for his outstanding contribution in the field of horticulture and academic leadership focused on human resource development in agriculture at the International Conference on Innovative horticulture at Pantnagar, Uttarakhand, according to a varsity release.

• He began his career as an Assistant Professor in Horticulture during 1979 at TNAU and by consistent and meritorious performance.

• He managed to occupy the position of Dean of Horticultural College and Research Institute, TNAU in 2009-2013 before becoming the 13th Vice-Chancellor of the renowned Tamil Nadu Agricultural University, Coimbatore.

• He has secured spearheaded 20 externally funded projects including 5 International Projects.

Zaidi wins USD 100,000 Nine Dots Prize.

• Mumbai-based Writer Annie Zaidi was announced as the 2019 winner of the $100,000 Nine Dots Prize, an award for creative thinking that tackles contemporary societal issues. She won the prize for her entry titled ‘Bread, Cement, Cactus’, a piece that combined memoir and reportage to explore concepts of home and belonging.

• Her proposed book, based on the prize-winning essay, will be published in May 2020 and will examine how a citizen’s sense of home might collapse, or recover. The varied themes it will address include the politics and economics of death in India, the crossing of caste and religious lines in a marriage, and the Partition of India as a great cultural and emotional sundering.

Annie Zaid:

• She is a freelance writer whose work includes reportage, essays, short stories, poetry, and plays.

• She has published both fiction and non-fiction, including a collection of essays Known Turf: Bantering with Bandits and Other True Tales and Love Stories # 1 to 14, a collection of short fiction published in 2012.

Nine Dots Prize:

• The Nine Dots Prize is sponsored by the Kadas Prize Foundation, a U.K.-registered charity, with support from the Centre for Research in the Arts, Social Sciences and Humanities (CRASSH) at the University of Cambridge and Cambridge University Press.

• It aims to promote, engage and encourage innovative thinking so as to address problems facing the modern world. The prestigious book prize is awarded for creative thinking that tackles contemporary societal issues. The winner receives US$100,000 to write a short book expanding on their ideas.

• Entrants are asked to answer the given question in 3,000 words. All entrants with a minimum of 18 years of age can write. Responses and the resulting book will be in English.

SPORTS:

ICC launches criiio campaign on eve of World Cup.

• ICC launched the criiio campaign on the eve of the men’s World Cup bringing together 460 million people playing cricket globally to celebrate the magnificent diversity of cricket.

• The ICC to join the social cricket tribe by sharing pictures and videos of where and how they play cricket across the world using the newly launched #criiio and visiting criiio.com.

• This builds on the success of the recent user-generated social media initiative # World Wide Wickets and is the first of a series of programs that will be launched by the ICC over the next 12 months.

• Criiio is a celebration of everyone playing cricket their way and world cricket wants to invite them into the criiio tribe.

About International Cricket Cadre

Chairman‎: ‎Shashank Manohar  

CEO‎: ‎Manu Sawhney

Headquarters‎: ‎Dubai, United Arab Emirates   

Formation‎: ‎15 June 1909

Chelsea clinched the UEFA Europa League 2019 Cup.

• Chelsea clinched the UEFA Europa League 2019 Cup. It scored four goals in a devastating second-half display to beat Arsenal 4-1 on 29 May at the Baku Olympic Stadium in Azerbaijan.

• It gave Italian manager Maurizio Sarri a major trophy in his first season in charge and Chelsea a first European title since the 2013 Europa League.

• The triumph in Baku means Chelsea have won three European titles in seven years, with the Champions League triumph in 2012 followed by their first Europa League victory in 2013.

By contrast, Arsenal have lost five of their six major European finals, with their only victory coming in the 1994 Cup Winners' Cup against Parma.

UEFA Europa League:

Founded: 1971

Region: Europe (UEFA)

Number of teams: 48

Current champions: Chelsea

• It is an annual football club competition organised by UEFA since 1971 for eligible European football clubs.

• It is the second-tier competition of European club football, ranking below the UEFA Champions League.

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Important Current Affairs of 29th May

NATIONAL:

Madhya Pradesh to tentatively have new UNESCO heritage site

• Orchha town in Madhya Pradesh has a historical site with the Bundela dynasty architectural style.

• The Archaeological Survey of India included that heritage town of Orchha in a tentative list of United Nations Educational, Scientific and Cultural Organization (UNESCO) world heritage sites. It was included in the proposal sent by the ASI to the UN body in April 2019.

• UNESCO’s rules state that to be a part of the World Heritage sites, the heritage or historical site must first be on the tentative list.

• After making it to that list, yet another proposal is sent to the UNESCO.

Meghalaya CM Conrad Sangma launched a new project to boost medicinal plant cultivation

• Meghalaya Chief Minister Conrad K Sangma launched a new project to boost medicinal and aromatic plants cultivation named "Aroma Mission".

• "Aroma Mission" a project of Rs.18 crore launched to give importance for agriculture and allied sectors so that farmers earn the benefits from it.

• CM inaugurated a processing unit of essential oils and insisted institutions like CSIR-CIMAP to undertake more researches in this field.

• Broomsticks and bay leaves were categorized as 'Agro Forestry' items.

• Cultivation of lemon grass and citronella plant will be undertaken on 50-acre plots in every district of the state.

• Central Institute of Medicinal and Aromatic Plants (CIMAP) is a plant research laboratory of Council of Scientific and Industrial Research (CSIR)

Telangana to set up countrys first 'Blockchain District' in Hyderabad

• Telangana released a draft blockchain policy to set up country's first 'Blockchain District' in Hyderabad. Telangana released a draft blockchain policy to set up country's first 'Blockchain District' in Hyderabad.

• It is aimed to create an ecosystem for major blockchain companies, start-ups for promoting research, innovation and industry collaboration. Telangana Government signed an agreement with Tech Mahindra to set up the Blockchain district in 2018.

• The draft was released by Information Technology, Electronics and Communications (IT E&C) Department. The main focus will be given to the sectors such as banking, financial services and insurance, pharmaceuticals and healthcare, government institutions and departments, logistics and supply chains.

• The incentives like access to investments, subsidies, tax credits will be rolled out to attract enterprises, Small and Medium Enterprises and startups. Other incentives include 25% subsidy on lease rentals up to 5 lakh per annum for the first three years of operations.

• 100% reimbursement of State Goods and Services Tax (SGST ) for the first three years for startups with revenue less than 5 crore and along with one-time grant of Rs.l0 lakh, 75% subsidy in travel fare when the founders attend global conferences and 25% reimbursement on Internet charges would be provided.

INTERNATIONAL:

India, Sri Lanka and Japan signed a deal to develop container terminal at Colombo

• Sri Lanka, Japan, and India signed an agreement to jointly develop the East Container Terminal at the Colombo Port on 28th May. The joint initiative is estimated to cost between $500 million and $700 million.

• The signing of the Memorandum of Cooperation (MoC)is significant, given that the countries had been negotiating the deal since last year with little success.

As per the agreement, the Sri Lanka Ports Authority (SLPA) retains 100% ownership of the East Container Terminal (ECT), while the Terminal Operations Company is jointly owned. Sri Lanka will hold a51% stake in the project and the joint venture partners will retain 49%.

• Aim: The ECT development project aimed at neutralizing the growing influence of China, which has poured money into the South Asian island nation under its Belt and Road Initiative (BRI) infrastructure plan. The ECT is located some three km away from the China-backed international financial city, known popularly as port city.

APPOINTMENTS AND RESIGNATION:

Alapan Bandyopadhyay appointed as new Home Secretary for West Bengal

• Chief Minister of West Bengal, Mamata Banerjee appointed Alapan Bandyopadhyay, an IAS officer of the 1987 batch, as the new Home Secretary for West Bengal. He succeeds Atri Bhattacharya .

• Alapan Bandyopadhyay was in charge of the Micro, Small and Medium Enterprises(MSME) Department with additional charge of Industry, Commerce and Enterprises Department.

• Ajit Ranjan Bardhan as the new principal secretary of the North Bengal Development Department (NBDD)Bardhan was earlier in charge of Youth Services and Sports department.

• Barun Kumar Ray, who was in charge of the NBDD with an additional charge of Jalpaiguri Commissioner was transferred as the Commissioner of Malda.

Choten D Lama, Secretary of the Panchayat & Rural Development Department (P&RD) was shifted to the Backward Classes Welfare Department with an additional charge of the Tribal department.

• Gyanwant Singh was appointed as the new ADGP (Law and Order).

Jayanta Kumar Basu was appointed as the director of the directorate of economic offences.

BUSINESS AND ECONOMY:

RBI extended time window for using the RTGS for customer transactions

• The Reserve Bank of India (RBI) announced that the time-window for using theReal Time Gross Settlement System (RTGS) for customer transactions will be extended from 4:30 pm to 6 pm on all working days. It will be effective from June 1, 2019.

• The current RTGS service window for customer transactions is available to banks from 8 a.m. to 4.30 p.m. on a working day.

Transactions will now take place under three windows:

1.8 am to 11 am

2.11 am to 1 pm

3.1 pm to 6pm

• Charges for the transactions:

• There shall be no charge for transactions between 8 am and 11 am.

• A charge of Rs.2 will be levied on every transaction conducted between 11 am and 1 pm.

Rs.5 shall be charged for every transaction between 1pm and 6pm.

Standard Chartered launched Trade A1 Engine in partnership with IBM

• Standard Charteredlaunched Trade A1 Engine in partnership with IBM Standard Chartered in partnership with IBM has launched the Trade A1 Engine which will automate the high risk process of trade documentation.

• It will enhance client experience through increased operational efficiency and strengthened operational control.This newly launched Trade A1 Engine will replace the Traditional documentary trade consisting of millions of data elements in paper-based that to be reviewed through a largely manual process.

About Trade A1 Engine

• Conversion of non-digital shipping documents into machine-readable format enabled by Optical Character Recognition (OCR).

•The Identification and classification of document types from an initial pre-defined database.

• The Continuous Machine learning (ML) based on user re-classification / re-defining of data elements to further Improve accuracy.

• Natural Language Processing (NLP) capabilities to read and capture context from data in the documents.

Srei Equipment Finance ties up with Oriental Bank of Commerce to offer loans for purchase of equipment under a co-lending arrangement

• Srei Equipment Financetied up with Oriental Bank of Commerce to offer loans for the purchase of equipment under a co-lending arrangement.Srei Equipment Finance is a wholly-owned subsidiary of Srei Infrastructure Finance.

• The funds for the project will be sourced through a platform named iQuippo, a unique digital market place of Kanoria Foundation.It will help in loan origination, loan dues collection, auction of equipment, valuation of equipment and other facilities.

• The co-lending arrangement will include financing of construction, mining and allied equipment, medical equipment, commercial vehicles and farm equipment.

Motila Oswal AMC become the first Indian fund house to introduce WhatsApp transaction platform

• Motilal Oswal Asset Management Company (AMC) become the first Indian fund house to launch WhatsApp transaction platform for mutual fund transactions for new as well as existing investors.This enables investors to use WhatsApp to invest in any scheme from Motilal Oswal AMC.Investors can either invest lump sum or through SIPS.

• The platform works:

• An investor should add Motilal Oswal AMC number (+91 9372205812) to his/her contact list. Then on WhatsApp, type 'Hi' on the above number.

• After sharing the PAN details, the investor should share his/her mode of investment, fund, amount. Finally, authorize payment for the transaction through the payment link sent

DAYS:

Veer Savarkar was observed on 28 May

• Swatantryaveer Vinayak Damodar Savarkar's birth anniversary was celebrated on 28 May 2019. On this occasion, Prime Minister Narendra Modi paid tributes to VD Savarkar. He said that the nation will always remember sacrifices made by Veer Savarkar during the freedom struggle.

SPORTS:

Ivo Karlovic-Oldest Man to win a match at the French Open 2019 for 46 years

• Croatia’s Ivo Karlovic became the oldest man to win a match at the French Open 2019 for 46 years on 28 May. He beat Spain’s fellow veteran Feliciano Lopez in a first-round duel.

• Forty-year-old Ivo Karlovic became the oldest player to win a match at Roland Garros and defeated 37-year-old Feliciano Lopez to secure 7-6(4), 7-5, 6-7(7), 7-5 in three hours and six minutes to reach the second round at the clay-court Grand Slam for the sixth time.

• This was the oldest men’s match in combined age at Roland Garros during the Open Era, and the seventh-oldest match at a Grand Slam. Karlovic hit 35 aces and saved five of the six break points he faced to win his first match since Indian Wells.

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Important Current Affairs of 28th May

NATIONAL:

India elected to Executive Board of first UN-Habitat Assembly.

• First session of the UN-Habitat Assembly will be held from 27-31 May 2019, at the headquarters of UN-Habitat in Nairobi.

• The Theme is: “Innovation for Better Quality of Life in Cities and Communities”. 

• The Sub-theme as: “Accelerated implementation of the New Urban Agenda towards the achievement of the Sustainable Development Goals”.

• During the first session, The Assembly is expected to establish the Executive Board of UN-Habitat and elect its members, to review and approve the UN-Habitat Strategic Plan 2020-2025 and also review the Progress in the implementation of New Urban Agenda, among other things.

• A State which is a member of a Specialized Agency and the Observer Members States of the United Nations may participate in the deliberations of the UN-Habitat Assembly in the capacity of an observer.

• The Assembly will also be attended by United Nations Agencies, Local authorities and non-state actors including civil society, youth and women group representatives, the private sector and the Academia.

APPOINTMENTS AND RESIGNATIONS:

Maldives Ex-Leader Mohamed Nasheed Tipped as New Speaker.

• Former Maldives president Mohamed Nasheed nominated as the country’s parliamentary speaker.

1. Ibrahim Mohamed Solih is the current President of the Maldives.

2. Male is the capital of the Maldives.

3. The Maldivian rufiyaa is the currency of the Maldives.

Ola Electric appoints ex-Vodafone Group CEO Arun Sarin to board.

• Bengaluru-based Ola's newly-formed company Ola Electric has appointed former Vodafone Group CEO Arun Sarin as an independent director on its board. Sarin also currently serves on the boards of Cisco Systems, Accenture, Charles Schwab and Ola's parent company ANI Technologies. The IIT- Kharagpur alumni had received an Honorary Knighthood from Queen Elizabeth II at Buckingham Palace in 2010

About Ola Electric:

• India's first multimodal electric vehicle project launched on the 26th of May, 2017.

• The project brought together industry and government to pioneer electric vehicles for

public and shared mobility in Nagpur.

About Amit Sarin:

• Arun Sarin is an Indian-American telecommunications executive. Sarin was the former CEO of the telecom giant Vodafone Group plc, serving from 2003 until 2008

• Board member of: Accenture, Ola Cabs, Cisco Systems, Charles Schwab Corporation, University of California, Berkeley

• Awards: CNN-IBN Indian of the Year Global Indian

Candy Crush maker King's Co-founder quits as CEO after 16 yrs.

• Riccardo Zacconi, Co-founder of video game developer King, known for developing the Candy Crush Saga game, has stepped down as the CEO, its parent firm Activision Blizzard's regulatory filings revealed. Zacconi, an Italian businessman, led King for around 16 years after it was founded in 2003. However, he will stay on as King's Chairman, the filings further revealed.

About Candy Crush Saga:

• Candy Crush Saga is a free-to-play match-three puzzle video game released by King on April 12, 2012, for Facebook; other versions for iOS, Android, Windows Phone, and Windows 10 followed. It is a variation of their browser game Candy Crush.

• Initial release date: 12 April 2012

About Riccardo Zacconi:

• Riccardo Zacconi, is an Italian businessman, best known as CEO of King, a company he founded in 2003. King is the developer of the popular mobile games app Candy Crush Saga. On May 26, 2019, Zaconni announced he was stepping down as CEO of King

AWARDS:

South Korean film 'Parasite' wins top award at Cannes Film Fest.

• Director Bong Joon-Ho became the first South Korean to win the Palme d'Or, the top prize at the Cannes Film Festival for his film 'Parasite'. Filmmaker Mati Diop, the first black woman director to be considered for the Palme d'Or, won the Grand Prix, the runner-up prize for her film 'Atlantics'. Belgium's Dardenne brothers won Best Director for 'Young Ahmed'.

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Important Current Affairs 27th May 2019

INTERNATIONAL:

Donald Trump becomes first foreign leader to meet new Japanese emperor.

• US President Donald Trump became first foreign leader at Japan's Imperial Palace where he made history becoming the first world leader to meet with the new emperor of Japan.

Emperor Naruhito ascended to the throne on May 1, opening what is called the era of "Reiwa," or "beautiful harmony."

• US President who is on a four-day state visit to Japan was treated to a welcome ceremony full of pomp and pageantry.

About Naruhito

Reign:1 May 2019 - Present

Predecessor: Akihito

126th monarch - According to Japan's traditional order of succession.

APPOINTMENTS AND RESIGNATIONS:

Pema Khandu to be sworn-in as Arunachal Pradesh CM on May 29.

• Pema Khandu will be sworn-in as the Chief Minister of Arunachal Pradesh on May 29, Kiren Rijiju, Minister of State for Home Affairs informed on Twitter. This comes after Arunachal Pradesh BJP MLAs on Monday unanimously selected Pema Khandu as the leader of BJP Legislature Party. BJP had won 41 seats in the 60-member Arunachal Pradesh Assembly.

About Pema Khandu:

• Pema Khandu is an Indian politician and the Chief Minister of Arunachal Pradesh. Since assuming office of chief minister in July 2016, he and his government have twice changed their party affiliation

• Office: Chief minister of Arunachal pradesh until 31 Dec 2021

• Party: Bharatiya Janata Party

Punjab Congress chief Jakhar resigns after losing to Sunny Deol.

• Punjab Congress chief Sunil Jakhar has resigned from his post after losing to Bollywood actor and BJP candidate Sunny Deol from Gurdaspur Lok Sabha seat. Jakhar said that he had resigned three days ago but has not heard from the party yet. The Congress won 8 out of 13 seats in the state.

About Sunil Jakhar :

• Sunil Kumar Jakhar is an Indian Politician and President of Punjab Pradesh Congress Committee. Elected consecutively three times from Abohar constituency, he was a Leader of opposition in Punjab Vidhan Sabha from 2012-2017. He is a member of the Indian National Congress.

• Party: Indian National Congress

Prem Singh Tamang sworn in as Sikkim CM.

• Sikkim Krantikari Morcha (SKM) president Prem Singh Tamang on Monday took oath as the Chief Minister of Sikkim. Fifty-one-year-old Tamang, who took the oath in Nepali, was administered the oath by Governor Ganga Prasad at Paljor Stadium in Gangtok. SKM won 17 seats in the 32-member assembly, ousting former CM Pawan Kumar Chamling-led Sikkim Democratic Front after over 24 years.

About Prem Singh Tamang:

• Prem Singh Tamang, better known as PS Golay, is an Indian politician and the current Chief Minister of Sikkim and leader and founder of the Sikkim Krantikari Morcha. Prior to forming the party, he was a key member of the Sikkim Democratic Front Party.

• Organization founded

• Sikkim Krantikari Morcha

AWARDS:

Prof. Bhargava awarded 2019 Dr Lee Jong-wook Memorial Prize.

• Director General of the Indian Council of Medical Research (ICMR) Professor Balram Bhargava jointly won the 2019 Dr. Lee Jong-wook Memorial Prize for Public Health at the 72nd World Health Assemblyin Geneva, Switzerland. He bagged the award for his achievements as a clinician, innovator, researcher, and trainer.

• Professor (Dr) Balram Bhargava, Secretary, Department of Health Research, (Ministry of Health & Family Welfare) and Director General of ICMR joined on 16th April 2018. He is Professor of Cardiology at AIIMS, New Delhi and also serves as the Executive Director for Stanford India Biodesign Centre, School of International Biodesign (SiB). He is an outstanding cardiologist, one of the foremost leaders in biomedical innovation, public health, medical education, and medical research.

• Professor Bhargava has excellent leadership qualities and has established the India-Stanford Biodesign program, a unique interdisciplinary fellowship program to foster innovation, design in low-cost implants/devices. He set up the c-GMP Centre for Excellence for Stem Cell Studies, at AIIMS which has initiated treatment of patients with dilated cardiomyopathy which has benefitted a number of no-option heart failure patients waiting on the cardiac transplant list.

Awards:

•  He has been awarded the SN Bose Centenary award, Tata Innovation Fellowship and Vasvik Award for Biomedical Technology Innovation, Ranbaxy Award and the OP Bhasin Award in the field of Health and Medical Sciences. He has been awarded the Padma Shri high civilian award by the Honourable President of India and the UNESCO Equatorial Guinea International Prize for research in Life Sciences at Paris.

• The Dr. LEE Jong-wook Memorial Prize for Public Health was established in 2008. It is awarded to individuals, institutions, and governmental or nongovernmental organizations who have made an outstanding contribution to public health. The Prize aims at rewarding work that has extended far beyond the call of normal duties, and it is not intended as a reward for an excellent performance of duties normally expected of an official position of a governmental or intergovernmental institution.

The prize is awarded once a year and consists of a plaque from the Founder and a sum of money which will not exceed US$ 100 000. It will be presented at a special ceremony during the World Health Assembly.

SPORTS:

Apurvi Chandela bags gold medal in 10m Air Rifle in ISSF World Cup.

• India won third International Shooting Sport Federation (ISSF) World Cup Rifle and Pistol tournament in Munich, Germany.

• Apurvi Chandela won gold in the women's 10m Air Rifle competition after a closely-fought contest. She shot a score of 251 in the final to outshine Wang Luyao of China, who shot 250.8. 

• This was Apurvi's second ISSF World Cup gold of the year followed by a world record score in New Delhi.

• After the first round of qualifying in the women's 25m Pistol, Asian Games champion Rahi Sarnobat stood in the second position with a score of 294.

China beat Japan won 2019 Sudirman Cup.

• China won the badminton world mixed-team championship, Sudirman Cup 2019 in Nanning. They beat Japan in men's doubles, women's singles and men's singles and won the title for the 11th time.

• In the latest Men' singles match Shi Yuqi stunned world champion Kento Momota for 15-21, 21-5,21-11.

About 2019 Sudirman Cup

• Dates:  19–26 May

• Edition: 16th

• Level: International

• Competitors: 377

• Nations: 31

• Venue: Guangxi Sports Center

• Location: Nanning, China

About China

• Capital: Beijing

• President: Xi Jinping

• Currency‎: ‎Renminbi‎ (yuan)

Shooter Saurabh breaks own world record to win 2nd World Cup gold.

• India's 17-year-old shooter Saurabh Chaudhary broke his own junior and senior world record to win his second World Cup gold medal. Saurabh won 10m Air Pistol event with 246.3 points, breaking his own senior record of 245 points and junior record of 245.5 points. Saurabh had booked a quota for 2020 Olympics during his maiden World Cup in February.

About Saurabh Chaudhary:

• Saurabh Chaudhary is an Indian sport shooter. He comes from a family of farmers living in Yamuna & Gangatic plains of western Uttar Pradesh. He won the Gold medal at the 2018 Asian Games in 10 m Air Pistol. He became the youngest Indian gold medalist at the Asian Games.

• Gold medals: Shooting at the 2018 Summer Youth Olympics – Men's 10 metre air pistol,

Shooter Rahi Sarnobat wins gold in WC, seals Olympic quota.

• Indian shooter Rahi Sarnobat on Monday won the gold in 25m Pistol event at the ISSF World Cup in Munich. With this, the 28-year-old also sealed a quota place for India in the event for the 2020 Tokyo Olympics. Rahi scored a total of 37, beating Ukraine's Olena Kostevych, who was champion at the 2004 Athens Olympics

About Rahi Sarnobat:

• Rahi Jeevan Sarnobat is a female athlete from India who competes in the event of 25 meters pistol shooting. She won her first gold medal at the 2008 Commonwealth Youth Games in Pune, India.

• Gold medal: Shooting at the 2018 Asian Games – Women's 25 metre pistol

• Awards: Arjuna Award for Shooting.

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Important Current Affairs of 26th May

APPOINTMENTS AND RESIGNATIONS:

Manjit Singh GK expelled from Shiromani Akali Dal.

• Former Delhi Sikh Gurdwara Management Committee president Manjit Singh GK was expelled from Shiromani Akali Dal, two days after he questioned the party's leadership over its performance in Punjab Lok Sabha polls. Rajya Sabha MP Balwinder Singh Bhunder said that the step was taken after the Delhi court recently directed to investigate corruption charges against Manjit.

President Kovind appoints Modi as PM, swearing-in likely on May 30.

• President Kovind appoints Modi as PM, swearing-in likely on May 30

• NDA leader Narendra Modi met President Ram Nath Kovind today and staked claim to form new government. President Ram Nath Kovind appointed Modi to the office of Prime Minister and asked him to advise about the names of others to be appointed members of the Union Council of Ministers. The swearing-in ceremony is likely to take place on May 30.

SPORTS:

First 300-run partnership came after 28 years of ODI cricket.

• Sourav Ganguly and Rahul Dravid shared ODI cricket's first ever 300-run partnership after notching 318 runs against Sri Lanka in the ICC World Cup on 26 May 1999, nearly 28 years after first ODI was played. Ganguly, who went on to score his career-best 183 in the match, contributed 157(146) for the second wicket partnership while Dravid scored 145(129).

Apurvi Chandela wins second ISSF World Cup gold of the year.

• India's Apurvi Chandela won her second International Shooting Sport Federation (ISSF) World Cup gold medal this year in Germany on Sunday. Chandela, who beat China's Wang Luyao in the 10-metre Air Rifle event, had earlier registered a world record score at ISSF World Cup in New Delhi in February. Notably, this was Apurvi's career's fourth ISSF medal.

About ISSF World Cup:

• The ISSF World Cup was introduced by the International Shooting Sport Federation in 1986 to provide a homogeneous system for qualification to the Olympic shooting competitions. It still is carried out in the Olympic shooting events, with four competitions per year in each event.

About Apurvi Chandela:

• Apurvi Singh Chandela is an Indian sport shooter who competes in the 10 metre air rifle event. She won the gold medal in the 2019 ISSF World Cup in New Delhi.

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Important Current Affairs 25th May 2019

NATIONAL:

25-yr-old mechanical engineer Chandrani to become youngest MP ever

• BJD's Chandrani Murmu, a 25-year-old mechanical engineer who won Odisha's reserved Keonjhar seat by defeating two-time BJP MP Ananta Nayak, will become the youngest member in Lok Sabha history. Chandrani won the seat by 66,203 votes. She will replace JJP founder Dushyant Chautala, who had become the youngest parliamentarian at 26 after being elected to 16th Lok Sabha from Hisar.

NDA elects Narendra Modi as its leader for 2nd time in a row.

• The BJP-led NDA has elected Narendra Modi as its leader for the second time in a row at NDA parliamentary board meeting today. Modi will meet President Ram Nath Kovind later today to stake claim to form government. "I thank all allies and MPs who unanimously chose NDA leader Narendra Modi as the new PM," said BJP President Amit Shah.

About NDA:

• The National Democratic Alliance is a coalition of right-leaning political parties in India. At the time of its formation in 1998, it was led by the BJP and had 13 constituent parties. Its chairman was late Prime Minister Atal Bihari Vajpayee. Also representing the alliance are L. K

• Chairperson: Amit Shah

• Founder: Bharatiya Janata Party

• Founded: May 1998

• Members: Bharatiya Janata Party, Biju Janata Dal, All India Anna Dravida Munnetra Kazhagam.

INTERNATIONAL:

Trump bypasses US Congress to sell $8-billion arms to Saudi, UAE.

• US President Donald Trump, declaring a national emergency because of tensions with Iran, bypassed Congress on Friday to complete the sale of over $8 billion worth of weapons to Saudi, the UAE and Jordan. Members of Congress had been blocking sales of military equipment to Saudi and the UAE because of huge civilian toll from their air campaign in Yemen.

APPOINTMENTS AND RESIGNATION:

Indian Army officer appointed head of UN Mission in South Sudan.

• Lieutenant General Shailesh Tinaikar has been appointed as the new Force Commander of the United Nations Mission in South Sudan (UNMISS) by UN Secretary-General António Guterres. He served in the UN Angola Verification Mission III from 1996 to 1997, and in the UN Mission in Sudan from 2008 to 2009. Lieutenant General Tinaikar is currently Commandant of The Infantry School.

• Lieutenant General Shailesh Tinaikar:

• General Shailesh Tinaikar is the recipient of the Sena Medal and the Vishisht Seva Medal for Distinguished Service. A 1983 graduate of the Indian Military Academy, he was the Additional Director General of Military Operations at Army Headquarters before taking charge of the Infantry School in Mhow.

About United Nations Mission in South Sudan:

• The United Nations Mission in South Sudan is the newest United Nations peacekeeping mission for the recently independent South Sudan, which became independent on 9 July 2011. UNMISS was established on 8 July 2011 by United Nations Security Council Resolution 1996.

Wikipedia

• Headquarters: Juba, South Sudan

• Head: David Shearer

• Founded: 9 July 2011

• Parent organization: United Nations Security Council.

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