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Current Affairs of May 23

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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1 crore treatments provided under AB-PMJAY, created webinar, launched Ask Ayushman & Hospital Ranking Dashboard: Harsh Vardhan

Ayushman Bharat Pradhan Mantri Jan Arogya Yojana(AB-PMJAY)

Launched ‘Ask Ayushman’ a chatbot on Whatsapp & “Hospital Ranking Dashboard”. Minister of State(HFW), Ashwini Kumar Choubey was present during the webinar.

Rajnath Singh participates in  MSMEs E-conclave “SIDM MSME Conclave 2020”

 “Society of Indian Defence Manufacturers (SIDM) MSME Conclave 2020“, jointly organised by SIDM, Confederation of Indian Industry (CII) and Department of Defence Production.

The Theme of the E-conclave is ‘Business Continuity for MSMEs in Defence & Aerospace Sector’ in which more than 800 Defence MSMEs participated.

About CII:
Corporate Office– New Delhi, India
President– Vikram S. Kirloskar

Union Minister Dr. Harsh Vardhan participates in NAM health ministers meeting through video conference

Union Minister of Health & Family Welfare, Dr. Harsh Vardhan participated in the Non-Aligned Movement (NAM) Health Ministers meeting through video conference. The NAM Summit is organised in a time when international community faces a pandemic and the meeting was chaired by Minister of Health, Republic of Azerbaijan, Mr. Ogtay Shiraliyev

Govt amends rules to ban global tender for procurement up to Rs 200 crores to benefit MSMEs

World Bank announces $160 billion assistance to 100 countries

The World Bank announced emergency operations worth USD (United States Dollar) 160 billion to 100 developing countries over a 15-month period to fight the deadly Coronavirus. The coronavirus pandemic and shutdown is expected to put over 60 million into extreme poverty globally.

About World Bank:
Headquarters– Washington D.C., United States (US).
Motto– Working for a World Free of Poverty.
President– David Malpass.


ONGC, NTPC signs MoU to start joint venture for renewable energy business

Oil and Natural Gas Corporation Limited (ONGC) and NTPC have signed a preliminary agreement to set up a joint venture for a renewable energy project 

About ONGC:
Chairman & Managing Director – Sashi Shanker

About NTPC:
Chairman & Managing Director – Gurdeep Singh

Ircon signs MoU with RZD International for joint development of railways

State-owned Ircon International Limited (IRCON) has signed a Memorandum of Understanding (MoU) with RZD International L.L.C. (Limited Liability Company), a subsidiary of government-owned Russian Railways Company, to explore opportunities for joint development of railways and other infrastructure projects in Asia, Africa and Latin America.
About Ircon:
Headquarters– New Delhi.
Chairman and Managing Director (CMD)– S.K. Chaudhary.
About RZD International LLC:
Headquarters– Moscow, Russia.
Director-General– Sergey Stolyarov.


Facebook acquires popular GIF database GIPHY 

Facebook has acquired New York based GIF database GIPHY for $400 million to integrate its GIF library into Instagram and other  Facebook apps, Vishal Shah, Instagram’s VP of product.

IRDAI approves Union Bank to continue with its 30% holding in IndiaFirst Life Insurance 

About UBI:
Headquarters– Mumbai, Maharashtra
Chairman & Part time Non-Official Director- Kewal Handa
Managing Director(MD) & Chief Executive Officer(CEO)– Rajkiran Rai G.
About IndiaFirst Life Insurance:
Headquarters– Mumbai, Maharashtra
MD & CEO– RM Vishakha
About IRDAI:
Headquarters–  Hyderabad, Telangana
Chairman– Subhash C. Khuntia

KKR buys 2.32% in Jio Platforms for Rs 11,367 crores

Reliance Industries Limited(RIL) announced the sale of a 2.32 % stake in its digital unit, Jio Platforms to US private equity giant KKR for Rs 11,367 crores, which is the 5th deal of Jio since 22 April that will inject Rs 78,562 crores in RIL to cut debt.

About RIL:
Corporate Office– Mumbai, Maharashtra
Chairman & MD– Mukesh D. Ambani
About KKR: 
Managing Director(MD), Private Equity, Mumbai- Rupen Jhaveri
Co-Chairman and Co-CEO–  George Roberts

Airtel acquires 10% stakes in conversational AI startup Voicezen

About Bharti Airtel Limited:
CEO & MD – Gopal Vittal(India and South Asia)
COO – Ajay Puri
Global CIO – Harmeen Mehta (Head of Digital)
Headquarters – New Delhi

CCI approves 100% acquisition of Emami Cement by Nuvoco Vistas Corporation Limited

The Competition Commission of India(CCI) has approved 100% acquisition of the total issued and paid up share capital of Emami Cement Limited(ECL)on a fully diluted basis, by Nuvoco Vistas Corporation Limited(NVCL) for an enterprise value of Rs 5,500 crore.


New space defense unit launched:Japan 

Japan has launched a new space defense unity to monitor and counter threats to the country’s satellites. The main role of the unit is to monitor and protect Japanese satellites from enemy attacks or space debris and also to conduct satellite-based navigation and communications for other troops in the field.

IIT Guwahati discovers methods to prevent memory loss due to Alzheimer

The research team of Indian Institute of Technology (IIT) Guwahati headed by Professor Vibin Ramakrishnan

SCTIMST commercially launched RNA extraction Kit ‘Agappe Chitra Magna’ for detection of COVID-19

Sree Chitra Tirunal Institute for Medical Science and Technology (SCTIMST), Trivandrum with Agappe Diagnostics Ltd, Cochin, a vitro diagnostics manufacturing company organised the commercial launch of The Agappe Chitra Manga, a magnetic nanoparticle-based RNA extraction Kit for the detection of COVID-19 at the Biomedical Technology Wing of SCTIMST.

Researchers at IIT-Madras develop solar parabolic trough collector

Researchers at the Indian Institute of Technology-Madras (ITT-M), developed a solar ‘parabolic trough collector’ (PTC) system for concentrating solar energy for industrial applications like desalination, space heating and space cooling.
About IIT-Madras:
Motto– Success is born out of action.
Chairman– Dr Pawan Goenka.
Director-Bhaskar Ramamurthi.

A rare palm from Andamans ‘Pinanga andamanensis’ replanted at Kerala’s JNTBGRI

A rare palm of South Andaman Island ‘Pinanga andamanensis’ will be grown in Palode (Kerala) with the help of  Jawaharlal Nehru Tropical Botanic Garden and Research Institute (JNTBGRI).

About JNTBGRI:Location– Thiruvananthapuram,Kerala
Director– R. Prakashkumar


Ruskin Bond’s new book ‘Hop On: My Adventures on Boats, Trains and Planes’ released on his 86th birthday


International Day for Biological Diversity 2020: May 22

Theme for the year 2020: Our solutions are in nature.