Daily Current Affairs: May 22, 2021

Daily Current Affairs (May 22, 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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Important Days

International Day for Biological Diversity – 22 May

• The International Day for Biological Diversity is observed on 22 May to increase understanding and awareness of biodiversity issues. The day was first created by the Second Committee of the UN General Assembly in late December 1993.
• 2021 Theme: “We’re part of the solution”

National News

Pinarayi Vijayan takes oath as the Chief Minister of Kerala for a 2^nd term

• Pinarayi Vijayan was sworn in as the Chief Minister of Kerala for a second time after guiding the CPM-led Left Democratic. He was sworn in by Kerala Governor Arif Mohammad Khan in a brief ceremony conducted in Thiruvananthapuram, Kerala.

Kerala

• Capital: Thiruvananthapuram
• Chief Minister: Pinarayi Vijayan
• Governor: Arif Mohammed Khan

International News

India and Oman renew agreements on military cooperation and maritime issues

• India and Oman have renewed two agreements on military cooperation and maritime issues. The agreements will ensure the continuation of cooperation in specific areas of defence and security.
• The MoU was signed by the Secretary-General of the Ministry of Defense, Oman Mohammed bin Nasser Al Zaabi and Munu Mahawar, the Ambassador of India to Oman and the signing was held in Muscat, Oman.

Oman:

• Capital: Muscat
• Currency: Omani rial

Banking and Economy

Kotak Mahindra Bank issues India’s first FPI license to GIFT IFSC AIF

• Kotak Mahindra Bank had issued the first-ever foreign portfolio investments (FPI) license to the GIFT IFSC Alternate Investment Fund (AIF) of True Beacon Global. This is the first FPI license issued to an AIF incorporated in GIFT IFSC by any custodian bank or designated depository participant in the country.

Kotak Mahindra Bank

• Headquarters: Mumbai, Maharashtra
• CEO: Uday Kotak

Aditya Birla Sun Life Insurance launches “Vision LifeIncome Plus”

• Aditya Birla Sun Life Insurance (ABSLI), the life insurance subsidiary of Aditya Birla Capital Limited (ABCL), has announced the launch of a hyper-flexible savings plan, “Vision LifeIncome Plus”.
• The new ABSLI Vision Life Income Plus plan will provide guaranteed regular income plus flexible bonus payouts to policyholders. It provides a customer with a guaranteed regular income for up to 30 years.

Aditya Birla Sun Life Insurance

• Headquarters: Mumbai, Maharashtra
• MD & CEO: Kamlesh Rao

Science and Technology

DRDO develops antibody detection kit for COVID-19 named “DIPCOVAN kit”

• Defence Research and Development Organisation (DRDO) has developed a new antibody detection-based kit, “DIPCOVAN kit”, that can give the result in 75 minutes and will cost 75.
• The DRDO’s Defence Institute of Physiology and Allied Sciences (DIPAS) laboratory has developed the DIPCOVAN kit, which can detect spike as well as nucleocapsid (S&N) proteins of SARS-CoV-2 virus.
• Recently, DRDO launched its 2-deoxy-D-glucose (2-DG) drug for adjunct therapy for COVID-19.

Defence Research and Development Organisation (DRDO)

• Headquarters: New Delhi
• Chairman: Dr. G Satheesh Reddy
• Founded: 1958

IIT Madras team develops Blocktrack app for healthcare information system

• Researchers at the Indian Institute of Technology-Madras have developed “blocktrack”, a blockchain-based secure medical data and information exchange system for mobile phone applications. This system is currently being field-tested at the IIT Madras Institute Hospital.
• The app aims to securely digitising healthcare information systems while protecting sensitive personal information and medical records by decentralising control and ownership of patient data through a blockchain-based innovation.

Appointments

Mridul Kumar was appointed as the next Ambassador of India to Mexico

• Mridul Kumar was appointed as the next Ambassador of India to He is presently working as the High Commissioner of India to Malaysia.

Rajeev Kumar Vishnoi was appointed as the CMD of THDC India Limited

• Rajeev Kumar Vishnoi was appointed as the Chairman & Managing Director (CMD) of the THDC India Limited recommended by the Public Enterprises Selection Board (PESB). He is presently working as Technical Director of THDC India Limited.

Pradip Kumar Yadav was appointed as the next Ambassador of India to the Republic of Liberia

• Pradip Kumar Yadav was appointed as the next Ambassador of India to the Republic of Liberia. He is presently working as a Director in the Union Ministry of External Affairs.
• Also, Alok Ranjan Jha was appointed as the next Ambassador of India to the Republic of Belarus. He is presently working as a Joint Secretary in the Union Ministry of External Affairs. He is a 2002 batch IFS officer.

Belarus

• Capital: Minsk
• Currency: Belarusian rouble
• President: Alexander Lukashenko

Liberia

• Capital: Monrovia
• Currency: Liberian dollar
• President: George Weah

Awards and Recognition

Six Indian heritage sites were added to the tentative list of UNESCO World Heritage Sites

• Union Minister of Cultural Prahlad Singh Patel announced that six of India’s heritage sites had made it to the UNESCO’s tentative list.
• Six Indian sites, including the temples of Kanchipuram in Tamil Nadu, the Ganga ghats in Varanasi, Bhedaghat in Madhya Pradesh, the Satpura Tiger Reserve in Madhya Pradesh, Maratha Military architecture in Maharashtra, and Hire Bankal of Karnataka have been added to the tentative list of the UNESCO’s world heritage sites.

Mexican author Valeria Luiselli won the 2021 International Dublin Literary Award for her book ‘Lost Children Archive’

• Mexican author Valeria Luiselli won the 2021 International Dublin Literary Award for her work ‘Lost Children Archive’. The American policy of keeping children away from their parents at the Mexican-American border was the origin of this fictional novel. The book also won the Rathbones Folio prize in 2020.

Primatologist Jane Goodall wins 2021 Templeton Prize for her life’s work on animal intelligence and humanity

• The primatologist Jane Goodall was announced as the 2021 winner of the Templeton Prize in recognition of her life’s work on animal intelligence and humanity. She is an anthropologist, English primatologist and the world’s foremost expert on chimpanzees.

Rankings

Gautam Adani becomes Asia’s 2nd richest man: Bloomberg Billionaires Index

• According to the Bloomberg Billionaires Index, Adani Group founder and Chairman, Gautam Adani (net worth stands at $67.6 billion) has now become the second richest man in Asia and the 14^th richest businessman in the world after overtaking China’s Zhong Shanshan.
• The net worth of Asia’s richest person Mukesh Ambani stands at $76.5 billion.

Obituary

Renowned musician Vijay Patil passed away at 79

• Renowned musician Laxman aka Vijay Patil in the Ram-Laxman duo, passed away in Nagpur, Maharashtra. He had composed about 75 Hindi, Marathi and Bhojpuri

Veteran Olympian Boxer Shakti Mazumdar passed away at 90

• Veteran Indian boxer Shakti Mazumdar passed away at the age of 90. He had won the first round in the men’s flyweight event at the 1952 Olympics after getting a walkover from Nguyen Van Cua of Vietnam and was defeated by Han Soo-ann of South Korea in the next round.

Sports News

2022 FIFA Women’s under-17 World Cup is set to be held in India

• The 2022 FIFA Women’s under-17 World Cup will be held in India from October 2022. India was set to host the 2021 U-17 Women’s World Cup before it was cancelled due to the COVID-19 pandemic.
• 2023 FIFA Women’s World Cup scheduled to be held in Australia and New Zealand.

 Daily CA May 22 One-liner: