Daily Current Affairs: May 14, 2021

Daily Current Affairs (May 14, 2021) like many other sections is inevitable and this also helps to score in the Banking awareness, Static GK, and Financial Awareness sections. Remember, Banking Awareness, and Static Awareness Questions are asked from the General Awareness section. This will also help you to ride your preparations for the forthcoming exams.

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National News

Ajanta Neog becomes the first woman Finance Minister of Assam

• Chief Minister of Assam, Himanta Biswa Sarma allocated the finance portfolio to Ajanta Neog, making her the first woman Finance Minister of Assam.
• She was elected to the state Assembly from the Golaghat assembly constituency in eastern Assam and also hold the social welfare portfolio.

Assam     

• Capital: Dispur
• Chief Minister: Himanta Biswa Sarma
• Governor: Jagdish Mukhi
• National Parks: Orang National Park, Manas National Park or Manas Wildlife Sanctuary, Dibru-Saikhowa National Park, Kaziranga National Park, Nameri National Park, Dehing Patkai Wildlife Sanctuary

Chhattisgarh CM launches ‘CGTeeka’ web portal for convenient COVID vaccination registration process

• Chief Minister of Chhattisgarh, Bhupesh Baghel inaugurated the ‘CGTeeka’ web portal (http://cgteeka.cgstate.gov.in/user-registration) to make the process of registration for COVID-19 vaccination convenient. The portal has been developed by the Chhattisgarh Infotech Promotion Society (CHIPS).

Chhattisgarh    

• Capital: Raipur
• Chief Minister: Bhupesh Baghel
• Governor: Anusuiya Uikey

Uttarakhand Police launches ‘Mission Hausla’ to help covid patients

• The Uttarakhand Police has launched a drive called “Mission Hausla” to help people get oxygen, beds, ventilators and plasma for COVID-19 patients.
• The Uttarakhand Police will also help the public get medicines meant for COVID-19 management as part of the mission and rations.

Uttarakhand

• Capital: Dehradun
• Chief Minister: Tirath Singh Rawat
• Governor: Baby Rani Maurya
• National Parks: Corbett National Park, Gangotri National Park, Govind PashuVihar National Park, Nanda Devi National Park, Rajaji National Park, Valley of Flowers National Park

International News

China becomes the world’s first country to ban synthetic cannabinoids

• China will become the world’s first country to ban all synthetic cannabinoid substances. The ban is likely to come into effect on 1 July 2021. The move comes as China tries to curb the manufacturing and trafficking of the drug.
• Synthetic cannabinoids are highly camouflaged, as some are found in e-cigarette oil and some are found in cut tobacco made from leaves, flower petals, etc.,

China

• Capital: Beijing
• President: Xi Jinping
• Currency: Renminbi

India received $83 billion in remittances in 2020: World Bank report

• According to a World Bank report, India received over $ 83 billion in remittances in 2020, a drop of just 0.2 per cent from the previous year.
• India is followed by China ($ 59.5) Mexico ($ 42.8 billion), the Philippines ($ 34.9 billion), Egypt ($ 29.6 billion), Pakistan ($ 26 billion), France ($ 24.4 billion) and Bangladesh ($ 21 billion).

World Bank

• Headquarters: Washington DC, United States
• President: David Malpass
• Founded: 1944

Yoweri Museveni was sworn in as the President of Uganda for 6^th term

• The 76-year-old Yoweri Museveni has been sworn in for his sixth term as the President of Uganda. He took the oath of office on Wednesday at a ceremony in Kampala, Uganda.

Uganda

• Capital: Kampala
• Currency: Shilling
• President: Yoweri Museveni

Banking and Economy

RBI cancels licence of West Bengal’s United Co-operative Bank over inadequate capital and regulatory non-compliance

• The Reserve Bank of India (RBI) has cancelled the licence of the United Co-operative Bank Limited, Bagnan in West Bengal as the bank does not have adequate capital and earning prospects.
• All the depositors will receive the full amount of their deposits from the Deposit Insurance and Credit Guarantee Corporation (DICGC).

Central government to issue Sovereign Gold Bonds in six tranches

• The Central government in consultation with the Reserve Bank of India has issued Sovereign Gold Bonds in six tranches between May and September 2021.
• The bond will be on sale through commercial banks, Stock Holding Corporation of India Limited (SHCIL), designated post offices, National Stock Exchange (NSE), and Bombay Stock Exchange (BSE).

Sovereign Gold Bond 2021-22:

• Sovereign Gold bond scheme was launched in November 2015. The bond will be restricted for sale to resident individuals, HUFs, Trusts, Universities, and Charitable Institutions.
• The tenor of the bond will be for eight years with an exit option after the fifth year to be exercised on the next interest payment dates.
• The minimum permissible investment will be 1 gram of gold. The maximum limit of subscription shall be 4 Kg for individuals, 4 Kg for HUF, and 20 Kg for trusts and similar entities per fiscal (April-March).

Appointments

Sir David Attenborough named COP26 People’s Advocate

• Sir David Attenborough became COP26 People’s Advocate for the UK’s Presidency of the UN climate change summit in Glasgow. He was a world-renowned broadcaster and natural historian.

Ram Karan Verma appointed as next Ambassador of India to the Central African Republic

• Ram Karan Verma was appointed as the next Ambassador of India to the Central African Republic. He is a 1987 Indian Foreign Services (IFS).
• He was the Ambassador of India to the Democratic Republic of Congo. He also served as the Director (Central Europe) at headquarters in the Ministry of External Affairs.

The Central African Republic

• Capital: Bangui
• Currency: Central African CFA franc

Sally Buzbee named executive editor of The Washington Post, the first woman to lead the newsroom

• Senior vice president and executive editor of The Associated Press, Sally Buzbee was named as executive editor of The Washington Post. She succeeded Marty Baron.
• Journalist Sally Buzbee, marking the first time a woman has been appointed to lead the 143-year-old news organization.

UN diplomat Martin Griffiths appointed UN humanitarian chief

• The United Nations chief, Antonio Guterres has appointed veteran British diplomat Martin Griffiths, a seasoned negotiator with wide global experience, as the new UN humanitarian chief. He has spent tshe last three years as the UN special envoy for

Elisabetta Belloni named as first woman to head Italy secret service

• A former ambassador, Elisabetta Belloni was named as the first woman to lead Italy’s secret services. Prime Minister Mario Draghi announced Elisabetta Belloni as head of the Department of Information Security (DIS). She has already been the first woman to hold key foreign ministry, Italy’s highest diplomatic post.

Books and Authors

Ruskin bond’s new book titled “All Time Favourites for Children”

• A new book titled “All Time Favourites for Children” was authored by Ruskin Bond. The book will feature some of his most celebrated characters and stories as well as new ones. The book will be published by Puffin, children’s imprint of Penguin Random House.

Sports News

Manchester City crowned Premier League champions for the 3^rd time in four seasons

• Manchester City has crowned Premier League champions for the third time in four seasons after Manchester United crashed to a 2-1 defeat against Leicester. Manchester City has already won the League Cup (2020–2021).

May 14 CA One-liner: