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Current Affairs Of May 28

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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Rs. 20,050 cr PMMSY detailed by Giriraj Singh:  Fish production target set to 220 LMT by FY24-25

It will be implemented for a period of 5 years i.e. from FY 2020-21 to FY 2024-25 in all states and Union Territories (UTs).

  • India is the 2nd  largest aquaculture and 4th  largest fish exporting nation in the world. 
  • It constituted 7.73% of the global fish production and export earnings of Rs.46,589 Crores (2018-19).

PFC signs MoU with NBPCL to fund hydro electric projects and Multipurpose projects worth Rs 22,000 crore

The Power Finance Corporation(PFC), under the Ministry of Power signed an agreement to fund Rs. 22,000 crore with Narmada Basin Projects Company limited(NBPCL) of Government of Madhya Pradesh for the 225 MW hydro-electric projects and multipurpose projects in the state. The MoU was signed by Rajeev Sharma, CMD, PFC and I.C.P Keshari, MD NBPCL on a virtual platform.
About PFC:
Chairman- Rajeev Sharma
Established- 16th July, 1986
About NBPCL:
Managing Director- I.C.P Keshari,IAS.,(1988 batch)

DST, Rajasthan in association with TRIFED, M/O Tribal Affairs organised Webinar on “Van Dhan Scheme: learnings for post COVID-19” 

The Department of Science and Technology(DST), Government of Rajasthan in association with The Tribal Cooperative Marketing Development Federation of India(TRIFED), under Ministry of Tribal Affairs & Ministry of(M/O) Tribal Affairs, Government of India has organized a webinar  under Know Your Scheme-Lecture Series on “Van Dhan Yojana : Learning For Post Covid-19” to help the tribal people.

Head Office– New Delhi, India
Managing Director– Pravir Krishna 


Taiwan President Tsai Ing-wen re-elected for second term; 2 Indian MPs sent congratulatory video messages

About Taiwan:
Capital– Taipei
Currency– New Taiwan dollar
About China
Capital– Beijing
Currency– Renminbi
President– Xi Jinping


Airtel Payments Bank joined hands with Mastercard to develop customised  payment solutions for farmers, SMEs

Airtel Payments Bank (APBL) has joined hands with Mastercard to develop a special type of payment solutions such as contact less payments via NFC (Near Field Communication), credit facility and other neighbourhood banking services for Indian farmers and small and medium enterprises (SMEs).

About Airtel Payments Bank:
Headquarters- New Delhi
MD and CEO– Anubrata Biswas
About Mastercard:
Headquarters– New York, U.S.
President and CEO– Ajaypal Singh Banga 


Ola Electric acquires AppScooter maker Etergo, to launch 2-wheeler EV in 2021

Etergo BV has developed an all-electric state-of-the-art AppScooter, which has won multiple awards across the world for its innovative design and engineering. It uses a swappable, high energy battery that delivers a range of up to 240 km (149 miles).
About Ola Electric:
Chairman– Bhavish Aggarwal
Headquarter– Bengaluru, Karnataka
About Etergo BV:
Co-founder and CEO– Bart Jacobsz Rosier
Headquarter– Amsterdam, Netherlands

NCLT gives nod to sell IL&FS’s 50% stake in GIFTCL to Gujarat government

The principal bench of National Company Law Tribunal (NCLT) has given its nod to sell 50% stake in Gujarat International Finance Tec-City Co Ltd (GIFT City) held by crisis hit Infrastructure Leasing and Financial Services (IL&FS) to the Gujarat state government.
About Infrastructure Leasing & Financial Services (IL&FS):
Headquarters– Mumbai, Maharashtra
Chairman– Uday Kotak

ITC to acquire 100% equity of Sunrise Foods by share purchase agreement

ITC Limited entered into a Share Purchase Agreement(SPA) to acquire 100% of the equity share capital of Sunrise Foods Private Ltd(SFPL), which is primarily engaged in spices under the trademark ‘Sunrise’. 
About SFPL:
Headquarters– Kolkata, West Bengal
About ITC:
Registered Office– Kolkata, West Bengal
Chairman & MD– Sanjiv Puri 


CSIR-IIIM & Reliance Industries Limited (RIL) to develop RT-LAMP based test for Coronavirus

The Institute of Integrative Medicine (IIM) in Jammu has collaborated with Reliance Industries Limited (RIL) to develop and increase a new Reverse Transcriptase-Loop Mediated Isothermal Amplification (RT-LAMP)- based COVID-19 diagnostic kit. 

IIT Madras develops magnesium alloy to replace steel, aluminium in cars

The research team of Dr. Sushanta Kumar Panigrahi, Associate Professor, Department of Mechanical Engineering at Indian Institute of Technology (IIT), Madras, Professor Rajiv Mishra, University of North Texas and K.Cho, the United States(US) Army Research Laboratory has engineered a magnesium alloy to replace the steel and aluminium in the automobile industry to reduce the carbon footprint and increase fuel efficiency.
About IIT Madras:
Director- Bhaskar Ramamurthi
Inaugurated- 1959


Padma Shri awardee, Noted Urdu satirist Mujtaba Hussain passes away at 84

Former Tamil Nadu footballer Shanmugam passes away at 77

Hong Kong’s “King of Gambling”, Stanley Ho passed away at 98


JK Rowling releases children’s book ‘The Ickabog’ online for free

Harry Potter author JK Rowling released a new online Children’s book named ‘The Ickabog’ to entertain children during Coronavirus lockdown.


Tamil Nadu govt inks 17 investment MoUs worth ₹15,128 cr with corporates

With the impact of Coronavirus (COVID-19) on the Industry and the economy,the state government of Tamil Nadu (TN) has inked 17 memorandum of understandings (MOUs) worth ₹15,128 crore with various companies based in Germany, Finland, Taiwan, China, France, South Korea, Japan, USA, Australia, England and Netherlands with the aim to provide employment opportunities to 47,150 people.
About Tamil Nadu (TN):
Capital– Chennai
Chief minister– Edappadi K. Palaniswami
Governor– Banwarilal Purohit

Flipkart signs MoU with Karnataka State Mango Department to support mango farmers

The Karnataka State Mango Department and Marketing Corporation Ltd.(KSMD&MCL) and Flipkart signed a memorandum of understanding (MoU) to support the mango farmers in this mango season to sell their produce through the online platform of Flipkart.