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Current affairs of may 10&11


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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NATIONAL AFFAIRS

Defence Ministry signs contract with Tata Power SED for Phase-II of Modernisation of Air Field Infrastructure

The Defence Ministry has signed a contract worth around Rs 1,200 crore with Tata Power Strategic Engineering Division(TPSED) for Phase-II of Modernisation of AirField Infrastructure(MAFI) of 37 airfields for Indian Air Force(IAF), Indian Navy (IN) and Indian Coast Guard (ICG)

About Defence Ministry:
Union Minister– Rajnath Singh(Constituency- Lucknow, Uttar Pradesh)
Minister of State– Shripad Yesso Naik(Constituency- North Goa)



Ramesh Pokhriyal ‘Nishank’ announces modifications in PMRF Scheme to boost  research

Union Human Resource Development(HRD) Minister Ramesh Pokhriyal ‘Nishank’ announced various modifications(amendments) in the Prime Minister’s Research Fellowship(PMRF)  Scheme

About HRD ministry:
Union Minister– Ramesh Pokhriyal ‘Nishank'(Constituency- Hardwar or Haridwar, Uttarakhand)
Minister of State– Sanjay Dhotre(Constituency- Akola, Maharashtra)


INTERNATIONAL AFFAIRS

WHO and UN’s postal agency releases commemorative stamp on 40th anniversary of smallpox eradication

The World Health Organization (WHO) and the United Nation (UN) postal agency released a commemorative postage stamp on the 40th  anniversary of the eradication of smallpox. The commemorative stamp was designed and developed by Sergio Baradat, United Nations Postal Administration (UNPA) in collaboration with WHO

About WHO:
The World Health Organization (WHO) is a specialized agency of the United Nations responsible for international public health.
Headquarters– Geneva, Switzerland.
Director-general– Dr Tedros Adhanom Ghebreyesus.

ECONOMY & BUSINESS

Government hikes its market borrowing to Rs 12 lakh crore from Rs 7.80 lakh crore for FY 21: COVID-19 impact

The Government has hiked its estimated gross market borrowing to Rs 12 lakh crore(additional Rs 4.2 lakh crore) from Rs 7.80 lakh crore for Financial Year(FY) 2020-21 as per the Budget Estimates(BE) so as to tackle the expected shortfall in revenue due to the impact of COVID-19 crisis on the economy

About Finance Ministry:
Union Minister– Nirmala Sitharaman(Constituency- Karnataka)
Minister of State– Anurag Singh Thakur(Constituency- Hamirpur, Himachal Pradesh)


FM Nirmala sitharaman launches INR-USD futures and options contracts on BSE, NSE  at Gift city

Union Minister for Finance & Corporate Affairs Nirmala Sitaraman launched INR-USD (Rupee-Dollar) Futures and Options contracts on two international exchanges namely BSE’s India INX and NSE’s NSE-IFSC at the International Financial Services Center (IFSC) of Gujarat International Finance Tec-City (GIFT City) in Gandhinagar through a video conference.

These deals will be available for 22 hours every day & will increase economic activities and employment in the country

About Ministry of Finance:Headquarters– New Delhi
Minister of State (MoS)– Anurag Thakur

AWARDS & RECOGNITIONS        

Giriraj Singh presents awards to the winners of “Startup India- Animal Husbandry Grand Challenge”

Union Minister for Fisheries, Animal Husbandry and Dairying, Giriraj Singh(chief guest) presented the award  to the winners of “Startup India-Animal Husbandry Grand Challenge”. Minister of State of Fisheries, Animal Husbandry and Dairying(AHD), Sanjeev Kumar Balyan & Secretary AHD,  Atul Chaturvedi were also present
Winner

Value Added Products

Krushak Mitra Agro Services Pvt. Ltd., Mumbai


APPOINTMENTS & RESIGNATIONS     

Edu-tech firm ELSA Corp appoints Indian cricketer Ajinkya as its brand ambassador for India, Middle East, ANZ & SAARC

ELSA Corp (English Language Speech Assistant Corporation) India, the education technology company based out of the US (United States), has appointed Indian Test team vice-captain Ajinkya Madhukar Rahane as its brand ambassador for India, Middle East, ANZ (Australia & New Zealand) and SAARC.

About ELSA Corp:Headquarters– California, US
Co-Founder & CEO– Vu Van


ACQUISITIONS & MERGERS        

74% stake of SeQuent bought by Carlyle for Rs 1,587 crore

The Carlyle Group, an United States(US) based private equity firm acquired 74% stake in SeQuent Scientific Limited, the largest animal healthcare company from India for Rs.1,587 crore($210 million) for Rs.86 a piece.

About SEBI:
Chairman– Ajay Tyagi
Chief Vigilance Officer (CVO)– ArtiChhabraSrivastava
Headquarters– Mumbai
Established– April 12, 1992

Britain’s GlaxoSmithKline sells 5.7 % stake in Hindustan Unilever for $3.35 billion

British firm GlaxoSmithKline plc (GSK) has sold its 5.7 % stake in Hindustan Unilever Limited (HUL) for $3.35 billion (about 254.8 billion rupees) in the stock market through a largest ever block deal.

In an another big transaction, French firm Societe Generale S.A has acquired 1.29 crore shares in HUL worth of Rs 2,453.58 crore from British drugmaker GlaxoSmithKline 

About GlaxoSmithKline plc:Headquarters– Brentford, United Kingdom
Chief executive Officer– Emma Walmsley


SCIENCE & TECHNOLOGY

IIT-Delhi startup launches reusable antimicrobial mask NSafe

With increasing demand for face masks to contain transmission of deadly COVID-19 virus, IIT (Indian Institute of Technology)- Delhi startup company named Nanosafe solutions has developed and launched an antimicrobial and washable face mask “NSafe” that can be reused upto 50 launderings

About Delhi:
Chief Minister (CM)– Arvind Kejiwal.
Governor– Anil Baijal.

CSIR receives approval for clinical trial of two drugs, ‘phytopharmaceutical & favipiravir’ to treat COVID-19

The Council for Scientific and Industrial Research (CSIR) received approval from Drug Controller General of India (DCGI) for its two clinical trial drugs- “favipiravir” and “phytopharmaceutical”- to combat coronavirus (COVID-19)

About CSIR:
President– Shri Narendra Modi.
Director-General– Dr Shekhar C. Mande.


BOOKS & AUTHORS

“Finding Freedom: Harry and Meghan and the Making of a Modern Royal Family”  byOmidScobie and Carolyn Durand

Biography of Britain’s Prince Harry and his wife Meghan Markle “Finding Freedom: Harry and Meghan and the Making of A Modern Royal Family” by royal reporters OmidScobie and Carolyn Durand scheduled to release on 11th August tops the pre order charts as it went online in Amazon

IMPORTANT DAYS

Time of Remembrance and Reconciliation for Those Who Lost Their Lives during the Second World War: May 8-9

The Time of Remembrance and Reconciliation for Those Who Lost Their Lives during World War II is a two day international event observed every year on May 8 & 9 to pay tributes to the millions of people who lost their lives during World War II. This year marks the 75th anniversary of World War II.

About United Nations (UN):
Headquarters– New York City, United States (US).
Secretary General– António Guterres.

World Migratory Bird Day 2020, 9th May

The theme of this year’s WMBD is “Birds Connect Our World”

About UNEP:
Executive Director– Inger Andersen
Deputy Executive Director– Joyce Msuya
Headquarters– Nairobi, Kenya