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Current Affairs Of May 31



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 April 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

Missile Park ‘Agneeprastha’ to be set up, 2 MW Solar Power Plant inaugurated at INS Kalinga

The foundation stone for a Missile Park named ‘Agneeprastha’ was laid by  Commodore Rajesh Debnath & a 2 MegaWatt(MW) solar photovoltaic plant was commissioned by Vice Admiral Atul Kumar Jain, Flag Officer Commanding-in-Chief, Eastern Naval Command(ENS) at INS Kalinga, Visakhapatnam.

A 2MW plant was commissioned  in line with the initiative of the Union government to promote solar power and an objective to achieve 100 GigaWatt(GW) of solar power by 2022 as part of the National Solar Mission
About Indian Navy:
Headquarters– New Delhi, India
Chief of the Naval Staff(CNS)– Admiral Karambir Singh 


One Sun One World One Grid: India initiated talks on West to SE Asia solar grid


The aim of One Sun One World One Grid’ (OSOWOG) is to provide solar power to nations which lack sunlight, by building a common transmission system.

Minister of State (IC) (Power, New & Renewable Energy)– Raj Kumar Singh
Secretary– Indu Shekhar Chaturvedi



Piyush Goyal attends the Digital Summit on Exports organized by CII through video conference


Union Minister for Commerce & Industry and Railways, Piyush Goyal participated in the Digital Summit on Exports organized by the Confederation of Indian Industry(CII) through a Video Conference.  Export-Import(EXIM) Bank is the  Institutional Partner for the Summit.
ii.Exports are likely to improve in May, with the contraction expected to be 30-35%, after outbound shipments crashed by a record 60% in April.
About CII:
Corporate Office– New Delhi, India
President– Vikram Shreekant(S.) Kirloskar
Director General– Chandrajit Banerjee
About EXIM:
Head Office– Mumbai, Maharashtra
Managing Director(MD) & Chief Executive Officer(CEO)– David Rasquinha




INTERNATIONAL AFFAIRS

U.S. joins G7 artificial intelligence group to counter China

The aim of this panel is to counter the China’s twisting technology in ways that threaten civil liberties.

About G7:
The Group of Seven (G7) is an international intergovernmental economic organization consisting of the seven largest economies in the world: Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. European Union is an invitee to G7.




BANKING & FINANCE

NABARD grants Rs 1,050 crore to West Bengal during FY 21 for the benefit of farmers & poor people

About NABARD:
Headquarters– Mumbai, Maharashtra
Chairman– Govinda Rajulu Chintala
About West Bengal (WB):
Capital– Kolkata
Chief Minister– Mamata Banerjee
Governor– Jagdeep Dhankhar




ECONOMY & BUSINESS

India’s GDP growth slows to a 11-year low of 4.2%, Q4 slumps to 3.1 in 2019-20%: NSO



FDI raised 18% to $73.46 billion in FY20: DPIIT

Singapore again emerged as the largest equity FDI source, contributing to inflows of $14.67. However, this is a drop from the $16.22 billion Singapore contributed in 2018-19.
About DPIIT
Parent organization– Ministry of Commerce and Industry
Minister of Commerce and Industry– Piyush Goyal
Headquarter– New Delhi





APPOINTMENTS & RESIGNATIONS         

PFC board appoints RS Dhillon’s as CMD 

State-run Power Finance Corporation (PFC) announced the appointment of Ravinder Singh Dhillon as chairman and Managing Director (CMD) from June 1, 2020. 




SN Rajeshwari appointed as new CMD of Oriental Insurance 





OBITUARY

Famous Lyricist Yogesh Gaur passes away at 77 




IMPORTANT DAYS

World Digestive Health Day 2020, May 29


The theme of the WDHD 2020 is “Gut Microbiome – A Global Perspective”


World Vape Day 2020: May 30