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Current affairs of may 6


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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BANKING & FINANCE

Government hikes MSP for minor forest produce of 49 items

As per the order issued by Tribal Affairs Ministry ,The Minimum Support Price(MSP) for Minor Forest Produce(MFP) of 49 items was raised in view of circumstances arising out of Covid 19, which also stated that the MSP for MFPs is revised once in every 3 years by the Pricing Cell constituted under the Ministry of Tribal Affairs. The increase across various items of MFP ranges from 16 % to 66%.

NATIONAL AFFAIRS

Narendra Modi participates in online Summit of NAM Contact Group

Prime Minister(PM) Narendra Modi participates in the online summit of Non-Aligned Movement(NAM) Contact Group on the theme “United against COVID-19” hosted by the current Chairman of NAM, President of Republic of Azerbaijan HE Ilham Aliyev through videoconference to discuss the response to the COVID-19 pandemic crisis.

Dr Jitendra Singh attended Bamboo Conclave through Video Conference

The aim of the conference was to discuss the importance of Bamboo, which will provide an opportunity for India to emerge as an economic powerpost COVID-19.


IIT Launches India’s first COVID-19 test bus in Mumbai

The Indian Institute of Technology(IIT) Alumni Council launched a “COVID-19 test bus”  in Mumbai, Maharashtra and inaugurated by Chief Minister UddhavThackery, Health Minister Rajesh Tope and Praveen Pardeshi

PAN IIT ALumni India:
Pan IIT Alumni India is an organisation representing alumni of all IIT.
Chairman– Ramnath S Mani
Vice Chairman– Pawan Kumar
Registered on– 20 September 2006
Headquarters– IIT Delhi, New Delhi

‘India SME Services Platform’ to be launched: SIDBI

The Small Industries Development Bank of India(SIDBI) informed that it will launch ‘India SME Services Platform’, a digital platform to educate stakeholders in the small and medium enterprises(SME) ecosystem and have information on coronavirus-related initiatives for the sector

About SIDBI:
Headquarters– Lucknow, Uttar Pradesh
Chairman & Managing Director (MD)– Mohammad Mustafa

ECONOMY & BUSINESS

DBS Bank slashes India’s FY21 GDP forecast to 1% from 1.5%; another Rs 1.5-3 lakh-cr relief package required

About DBS:
Headquarters– Singapore
Former Name– Development Bank of Singapore (DBS)
Chief Executive Officer (CEO)– Piyush Gupta


AWARDS & RECOGNITIONS        

2020 Pulitzer Prizes announced: 3 photojournalists from Jammu & Kashmir won the feature photography

The three Indian photojournalists namely Dar YasinMukhtar Khan and ChanniAnandfrom Jammu and Kashmir who work for Associated Press (AP) have won the 2020 Pulitzer Prize in feature photography.


Vladimir Putin awards commemorative World War II medal to North Korean leader Kim Jong-un

The Russian embassy in Pyongyang, North Korea announced that the Russian President Vladimir Putin has awarded North Korean Leader Kim Jong-un a commemorative war medal marking the 75th anniversary of the victory over Nazi Germany

About North Korea:
Capital– Pyongyang.
Currency– North Korean won.

Nicholas C. Coops, Joseph J. Landsberg and Richard H. Waring shares the Marcus Wallenberg Prize 2020

Professors Nicholas C. Coops from Canada,  Richard H. Waring from the United Nations of America(USA), Joseph J. Landsberg from Australia shares the ‘Marcus Wallenberg Prize(MWP) 2020’ for 3-PG (Physiological Principles Predicting Growth), a model to predict forest growth in a changing climate.


APPOINTMENTS & RESIGNATIONS

7 member committee formed to enhance audit independence and accountability: MCA

The Ministry of Corporate Affairs(MCA) has constituted a 7 member committee to examine the comments received on the consultation paper floated by it & make recommendations which require any amendments in law, rules and standards so as to enhance audit independence and accountability

About MCA:
Union Minister– Nirmala Sitharaman (Constituency- Karnataka)
Minister of State– Anurag Singh Thakur(Constituency- Hamirpur)


Panel formed to frame standard professional indemnity policy: IRDAI

The Insurance Regulatory and Development Authority of India(IRDAI) has set up a panel to frame standard professional indemnity policy for insurance intermediaries that can be issued by all the insurers. It is headed by  Yegnapriya Bharat, CGM (Non-Life), IRDAI

About IRDAI:
Headquarters– Hyderabad, Telangana.
Chairman– Subhash Chandra(C). Khuntia

Indian-American lawyer Ashok Michael Pinto as US representative to World Bank’s lending arm IBRD

United States President Donald Trump nominated Indian-American lawyer Ashok Michael Pinto as a representative to the International Bank for Reconstruction and Development (IBRD), the World Bank’s lending arm. He was nominated as US Alternate Executive Director of IBRD for a period of 2 years


Krishnan Ramachandran appointed as Managing Director & Chief Executive Officer of Max Bupa

Max Bupa Health Insurance appointed Krishnan Ramachandran as its new managing director(MD)  and Chief Executive Officer(CEO). He succeeds Ashish Mehrotra, after almost 5 years of service in its company

About Max Bupa Health Insurance:
Headquarters– New Delhi, India


       ACQUISITIONS & MERGERS        

KPTL completes sale of 100 piece stake in Kalpataru Satpura Transco to CLP India

Kalpataru Power Transmission Limited(KPTL) announced the successful completion of the sale of the entire stake in Kalpataru Transco Private Limited(KSTPL) to CLP India Private Limited of CLP groups, one of  Asia’s largest investor-owned power business and from November 20, 2019 ,KSTPL ceased to be a subsidiary of the company

About CDPQ:
Chairman– Robert Tessier
President and CEO– Charles Emond
Founded in– 1965
Headquarters– Québec

SCIENCE & TECHNOLOGY

Union Minister Narendra Singh Tomar launched “The Saras Collection” on GeM portal from New Delhi

TheSaras Collection is an initiative of GeM and the DeenDayalAntyodayaYojana-National Rural Livelihoods Mission (DAY-NRLM).
iii.The first phase is a pilot stage under which 913 SHGs from 11 States have already registered as sellers and 442 products have been on-boarded.



DRDO Develops “UV blaster”,  Ultraviolet Disinfection Tower

The Laser Science & Technology Centre(LASTEC), Delhi-based laboratory of the  Defence Research and Development Organisation(DRDO), Defence ministry with the assistance of New Age Instruments and Material Private Ltd., Gurugram developed “UV blaster” an ultraviolet(UV) disinfection tower for a quick and chemical-free sanitization of areas that are highly prone to the infection of novel coronavirus in method

About DRDO:
Defence Minister– Rajnath Singh
Chairman– G. Satheesh Reddy
CEO & MD– Sudhir Mishra
Formed– 1958
Headquarters– New Delhi

SNBNCBS develops Nanomedicine to alter oxidative stress to treat COVID-19

The Scientists of S. N. Bose National Centre for Basic Sciences (SNBNCBS), Kolkata developed a nanomedicine, safe and cost-effective, to treat many diseases by altering oxidative stress in the body and the research will support the combat against the COVID-19 in India

About SNBNCBS:
Director– Samit Kumar Ray
Dean– BiswajitChakraborty
Established in– 1986
Location– Kolkata


COVID-19: CIMAP’s Herbal products ‘CIM-Paushak’ and ‘Herbal Cough Syrup’ boost immunity

Researchers at Central Institute of Medicinal and Aromatic Plants (CIMAP), Lucknow, have developed scientifically proven two herbal products ‘CIM-Paushak’ and ‘Herbal Cough Syrup’ which can boost the immunity of the persons as well as helps in reducing the dry cough symptom generally associated with the coronavirus infection

About Uttar Pradesh (UP):
Capital– Lucknow.
Chief Minister (CM)– Yogi Adityanath.
Governor– Anandiben Patel.


IMPORTANT DAYS

World Asthma Day 2020: May 5

World Asthma Day is observed annually on the first Tuesday of May and this year it was celebrated on May 5, 2020. The day is organized by the Global Initiative for Asthma (GINA) to improve asthma awareness and care around the world.

Theme for the year 2020: Enough Asthma Deaths.


International Day of the Midwife 2020: May 5

The theme of this year is “Midwives with women: celebrate, demonstrate, mobilise, unite – our time is now”.

International Confederation of Midwives(ICM)

About ICM:
President– FrankaCadee
Vice President– Mary Kirk
Chief Executive– Dr. Sally Pairman
Headquarters– Hague, Netherlands


STATE NEWS

Jharkhand launches three schemes for rural job creation

In Ranchi, Chief Minister, HemantSoren launches three schemes, BirsaHarit Gram Yojana(BHGY), NeelambarPitambar JAL SammridhiYojana(NPJSY) and Veer SahidPotoHoKhelVikas Scheme (VSPHKVS) to prove wage employment for the workers in the rural area devised in convergence with the Mahatma Gandhi National Rural Employment Guarantee Scheme(MNREGA) 


West Bengal govt launches exit app for stranded people of other states

The West Bengal (WB) state Home Secretary, Alapan Bandopadhyay announced that the WB Government (govt) launched an “exit app” for people of other states who are stranded in the state due to the lockdown and want to return to their native place.

About West Bengal:
Capital– Kolkata.
Chief Minister (CM)– Mamata Banerjee.
Governor– Jagdeep Dhankhar.