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Current affairs of may 1

We  bring you the complete and important daily Current Affairs of  April 2020 Quiz to achieve more marks in Banking, Insurance, UPSC, SSC, CLAT, Railways and all other competitive Exams. We prepare it based on our daily current affairs.Hope you like it.Current Affairs of March 2020 with Latest Current affairs March 2020 PDF for preparation of Bank Exam – PO & clerk, SSC, Railways & Insurance. Our Current Affairs of may 2020 PDF covers various sections like National March Current Affairs 2020, business & economy, Indian and International affairs 2020, defense, environment current affairs, persons and many for competitive exams preparing aspirants.

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Cauvery Water Management Authority brought under the Jal Shakti Ministry: Central government

The central government has brought the Cauvery Water Management Authority under the Jal Shakti Ministry, which was earlier under the Ministry of Water Resources, River Development and Ganga Rejuvenation.

About Jal Shakti Ministry:
Union Minister– Gajendra Singh Shekhawat(Constituency- Jodhpur)
Minister of state– Rattan Lal Kataria(Constituency- Ambala)

National Infrastructure Pipeline submitted Final Report to FinMin; Rs 111 lakh cr projected from FY20 to FY25

The report highlighted policy deficits and challenges in India’s infrastructure sector and recommended reforms to scale up investment in the sector.

For NIP projects, the Centre would invest 39% of the projected expenditure while states’ share would be 40%, followed by the private sector with 21%.

Chhattisgarh tops among other states in providing employment under MGNREGS

According to an official statement Chhattisgarh is 1st in the state to provide employment to over 18(18.51) lakh unskilled labourers under the Mahatma Gandhi National Rural Employment Guarantee Scheme(MGNREGS).

Rajasthan(2nd) to 10.79 lakh workers & Uttar Pradesh(3rd) to around 9.06 lakh workers.

India installs 7.3 GW of solar power in CY 2019 & secures world’s 3rd largest solar market: Mercom

According to Mercom India Research’s ‘India Solar Market Leaderboard 2020’ report India has installed 7.3 Giga Watt (GW) of solar power in CY 2019 which consolidates its position as the 3rd largest solar market in the world.

About Mercom India:
Headquarters– Bangalore, Karnataka
Managing Director (MD)– Priyadarshini Sanjay
Founder– Raj Prabhu(CEO and co-founder of Mercom Capital Group)


USAID announces 3 million USD to support India’s efforts to combat COVID-19

The United States Agency of International Development (USAID), one of the leading aid agency of the government of United States has announced an additional grant of 3 million USD in addition to the 2.9 million USD announced on 6th April 2020 to help India to fight against the COVID-19 pandemic and to fund the PAHAL project, an innovative financial platform

About PAHAL:
Partnerships for Affordable Healthcare Access and Longevity(PAHAL) is a USAID and IPE’s flagship innovative platform to promote health financing models.
Project Director– LM Singh
Technical resource– Dr.Dinesh Agarwal

India ranks 53rd in budget transparency; New Zealand tops: IBP’s Open Budget Survey 2019

According to the 7th edition of ‘Open Budget Survey 2019’ conducted by International Budget Partnership (IBP)India has been ranked at 53rd position among 117 nations in terms of budget transparency and accountability with the score of 49 out of 100. While New Zealand has been topped the list with a score of 87

About International Budget Partnership (IBP):Headquarters– Washington, D.C., United States (US)

Disasters, conflicts trigger 5 million displacements in India in 2019: IDMC

According to a recent report from the Internal Displacement Monitoring Centretitled ‘The Global Report on Internal Displacement(GRID 2020)’, nearly 5 million(mn) people were displaced in India in 2019, the highest in the world so far.

About IDMC:
Headquarters– Geneva, Switzerland
Director– Alexandra Bilak


‘Vikas Abhaya’ loan scheme launched: KVGB

Karnataka Vikas Grameena Bank (KVGB), a regional rural bank’s chairman P Gopi Krishna has launched ‘Vikas Abhaya’ a loan scheme.

To provide some relief to borrowers whose business activities are disrupted on account of the Covid-19 pandemic

The loan will be for the existing MSME customers who have been regular as on February 29, a maximum loan of up to Rs 1 lakh will be provided and no collateral security is emphasized & is repayable within 36 months.

About KVGB:
Headquarters– Dharwad, Karnataka


Manipuri doctor Thangjam Dhabali Singh conferred ‘Order of Rising Sun’ by Japan

Thangjam Dhabali Singh, Manipuri allopathic doctor, was conferred with “Order of Rising Sun- Gold and Silver Rays” by the Japan government for promoting a better understanding of Japan in India and deepening ties between 2 countries.

About Japan:
Capital– Tokyo.
Currency– yen.
Prime Minister (PM)– Shinzō Abe.


T S Tirumurti appointed as Ambassador/Permanent Representative of India to Indian United Nations

About Ministry of External Affairs:
External Affairs Minister– Subrahmanyam Jaishankar
Minister of State for External Affairs– V.Muraleedharan
Headquarters– South Block, New Delhi


Manulife acquired 49% stake in Mahindra AMC for Rs 265 crore

About Manulife:
Headquarters– Toronto, Canada
President and Chief Executive Officer (CEO)– Roy Gori
About Mahindra AMC
Headquarter– Mumbai, Maharashtra
Managing Director (MD) & CEO– Ashutosh Bishnoi

Reliance increases its stake to 26.3% in US-based tech company SkyTran 

About RIL:
Headquarters– Mumbai,Maharashtra
Chief Executive Officer (CEO)– Mukesh Ambani


Janaushadhi Sugam app to access generic medicine benefits 325000 users

 more than 325000 users are benefited by the  “Janaushadhi Sugam” a mobile application developed by the Bureau of Pharma PSUs of India(BPPI) under the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, Government of India for the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP)

About BPPI
CEO– Sachin Kumar Singh
General Manager (Marketing and Sales)– Dhiraj Sharma
General Manager (Finance and Administration)– Ravikant Tiwari
General Manager (Procurement and Quality)– Anurag Dwivedi

COVID-19: Glenmark Pharma becomes the first company to get Nod from DCGI for clinical trials of Favipiravir tablets

Glenmark Pharmaceuticals became the first pharma company in India to receive approval from Drug Controller General of India (DCGI) to conduct clinical trials of Favipiravir antiviral tablets on mild to moderate COVID-19 patients

About Glenmark Pharmaceuticals:
Headquarters– Mumbai, Maharashtra.
Chairman & Managing Director (MD)– Gleen Saldanha.
Founder– Gracias Saldanha.

IMD releases list of 169 names for upcoming tropical cyclones

India Meteorological Department (IMD), an agency of the Ministry of Earth Sciences of the Government of India (GoI), has released a detailed list of 13 names of upcoming tropical cyclones each for the 13 member nations, totaling to 169.

About India Meteorological Department (IMD):
Headquarters– New Delhi
Director General– Dr. Mrutyunjay Mohapatra

COVID-19: HCARD, a robot, to assist frontline healthcare warriors

The robotic device HCARD (Hospital Care Assistive Robotic Device) helps the frontline healthcare workers in maintaining physical distance from those infected by Coronavirus (COVID-19). The device was developed by CSIR- Central Mechanical Engineering Research Institute, Durgapur, West Bengal.


Famous Hindi actor Rishi Kapoor passes away at 67

Freedom fighter Padma Shri Gandhian Hema Bharali passed away at 101


A book titled “The Room Where It Happened: A White House Memoir” authored by John Bolton

A book titled “The Room Where It Happened: A White House Memoir” authored by John Bolton. The date of the book release has been pushed back from May 12, 2020 to June 23, 2020, on Amazon.com and Barnes & Noble bookseller company. The book was published by an American publishing company Simon & Schuster

About Simon & Schuster:
Headquarters– New York City, United States (US).
President & CEO (Chief Executive Officer)– Carolyn Kroll Reidy.


International Jazz Day 2020, April 30

The United Nations Educational, Scientific and Cultural Organization (UNESCO) designated the 30th April as the International Jazz Day and it is celebrated annually to promote jazz and its role in uniting people from all around the world.This day is a culmination of Jazz Appreciation Month to get attention to Jazz and its heritage throughout April

About Herbie Hancock Institute of Jazz:
Chairman– Herbie Hancock
Vice Chairman– Stuart Subotnick
President– Thomas R.Carter
Director of Special Projects– Leonard E.Brown


J&K administration inks MoU with Tata Technologies to built 2 CIIT centers

The Jammu and Kashmir (J&K) administration has signed an MoU with Tata Technologies limited to set up 2 Centres for Invention, Innovation, Incubation and Training (CIIITs), one each at Government Polytechnic Colleges at Jammu and Baramulla with a cost of Rs 360 crore.

About Tata Technologies Limited:Headquarters– Pune, Maharashtra
President– Anand Bhade.

FIFA launches #WeWillWin campaign for health workers

Fédération Internationale de Football Association(FIFA), Switzerland based international governing body, has launched a campaign called “#WeWillWin”, a special video to pay tribute to health workers and other professionals who ensure the society continues to function among COVID-19 panademic.