Daily Current Affairs: May 29, 2021

Daily Current Affairs (May 29, 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 of United Nations Peacekeepers – 29 May

• The International Day of United Nations Peacekeepers is observed on 29 May every year to pay tribute to all the men and women who have served and continue to serve in United Nations peacekeeping operations.
• The day marks the anniversary of the creation of the United Nations Truce Supervision Organization (UNTSO) in 1948 to monitor the ceasefire after the 1948 Arab-Israeli War, which was the first-ever UN peacekeeping mission.
• 2021 Theme: “The road to a lasting peace: Leveraging the power of youth for peace and security”

World Digestive Health Day – 29 May

• World Digestive Health Day (WDHD) is observed annually on 29 May to raise awareness regarding the treatment, prevention, prevalence and diagnosis of digestive health disease. The day was initiated by the World Gastroenterology Organisation (WGO).
• 2021 Theme: “Obesity: An Ongoing Pandemic”

National News

Assam Chief Minister Himanta Biswa Sarma appoints ‘Guardian Ministers’ for various districts of Assam

• Chief Minister of Assam Himanta Biswa Sarma appointed ‘Guardian Ministers’ for balanced, speedy and sustainable developments of districts in Assam. The Assam Government has appointed 13 ‘Guardian Ministers’ for 34 districts in Assam.
• The assigned ministers will also prepare a plan for infrastructure development in their respective districts and identify resources for employment generation.

Assam     

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

India’s first city-wide environmental surveillance platform for COVID-19 launched in Bangalore

• The Government of Karnataka, in partnership with the United States Agency for International Development (USAID) and Skoll Foundation-supported COVIDactionCollab (CAC), had launched the ‘Precision Health Platform’ in Bangalore, Karnataka.
• The platform tracks COVID through waste-water surveillance with the number of cases of COVID-19 surging across the county in the second wave of the pandemic.

Manipur Chief Minister Biren Singh launches ‘MHIM’ mobile app for home isolated COVID-19 patients

• Chief Minister of Manipur N Biren Singh had launched the ‘Manipur Home Isolation Management (MHIM)’ mobile application for home isolated COVID-19 patients.
• The mobile app was developed by Pentabyte Technologies LLP and it can be downloaded from in.

Manipur

• Capital: Imphal
• Chief Minister: N Biren Singh
• Governor: Najma Heptulla

International News

Bangladesh agrees $200 million currency swap facility with Sri Lanka

• Bangladesh has approved a $200 billion currency swap facility to Sri Lanka. This is the first time Bangladesh is giving loans to another country from the reserves by swapping currency.
• Sri Lanka will repay over three months with 2% interest on the Libor rate. Sri Lanka’s foreign currency reserves stand around $4 billion.

Bangladesh

• Capital: Dhaka
• Currency: Taka
• Prime minister: Sheikh Hasina
• President: Abdul Hamid

Sri Lanka

• Capital: Colombo
• Currency: Rupee
• Prime Minister: Mahinda Rajapaksa
• President: Gotabaya Rajapaksa

Bashar Al-Assad was re-elected as the President of Syria for a 4^th term

• Bashar al-Assad was re-elected for a fourth term as the President of Syria. He received around 95.1% of the votes cast. He won the election against former state minister Abdallah Salloum Abdallah and Mahmud Merhi.

Syria

• Capital: Damascus
• Currency: Syrian pound
• Prime Minister: Imad Khamis
• President: Bashar al-Assad

Banking and Economy

RBI imposes a monetary penalty of Rs. 10 crores on HDFC Bank

• The Reserve Bank of India (RBI) has imposed a monetary penalty of 10 crores on private sector lender HDFC Bank for violating regulatory compliance in the auto loan portfolios.
• The penalty was imposed for contravention of provisions of Section 6(2) and Section 8 of the Banking Regulation Act, 1949.

HDFC Bank (Housing Development Finance Corporation)

• Headquarters: Mumbai, Maharashtra
• Chairman: Deepak Parekh
• MD & CEO: Sashidhar Jagdishan
• Tagline: “We understand your world”
• Established: 1994

Science and Technology

NEERI develops ‘saline gargle’ method for COVID-19 tests results within three hours

• Scientists of the Nagpur-based National Environmental Engineering Research Institute (NEERI) have developed a ‘saline gargle RT-PCR method’ for testing COVID-19 samples that can provide results within three hours.
• The saline gargle method is simple, fast, cost-effective, patient-friendly and comfortable. It offers instant results and is well-suited for rural and tribal areas, given the minimal infrastructure requirements.

DRDO develops near-isothermal forging technology for aero-engines

• The Defence Research and Development Organisation (DRDO) has developed the near isothermal forging technology used in manufacturing parts for aero-engines. This technology is used to produce all the five stages of high press compressor (HPC) discs out of titanium alloy using an isothermal forge press weighing 2,000 tonnes.

Defence Research and Development Organisation (DRDO)

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

Appointments

Jammu and Kashmir Chief Secretary BVR Subrahmanyam was appointed as the Union Commerce Secretary

• Chief Secretary of Jammu and Kashmir, BVR Subrahmanyam, was appointed as next the Commerce Secretary of Government of India. He succeeded Anup Wadhawan.
• He is a 1987 batch IAS officer of the Chhattisgarh cadre. He served as Chief Secretary when the Jammu and Kashmir was bifurcated into two Union Territories in 2019.

CRPF DG Kuldiep Singh gets additional charge as the National Investigation Agency Chief

• Director-General of Central Reserve Police Force (CRPF) Kuldiep Singh has been given additional charge of Director-General of the National Investigation Agency (NIA). He succeeded YC Modi.

RAW Chief Samant Kumar Goel and Intelligence Bureau head Arvind Kumar gets a one-year extension

• Research and Analysis Wing (RAW) Chief Samant Kumar Goel and Intelligence Bureau (IB) head Arvind Kumar were given a one-year extension.
• Samant Kumar Goel is a 1984-batch IPS officer from Punjab cadre, would continue to be the Secretary of Research and Analysis Wing (RAW) for one year until 30 June 2022.
• Arvind Kumar is an IPS officer of Assam and Meghalaya cadre, will continue to head the Intelligence Bureau for one year until 30 June 2022.

Awards and Recognitions

Bollywood Actor Sanjay Dutt receives a golden visa for the United Arab Emirates

• Bollywood actor Sanjay Dutt had received a golden visa for the United Arab Emirates (UAE). The UAE Government had in 2019 implemented a new system for long-term residence visas, enabling foreigners to live, work and study in the UAE without the need of a national sponsor.
• These golden visas are issued for five or ten years and will be renewed automatically.

Obituary

Renowned author and art curator Alka Raghuvanshi passed away at 60

• Renowned author and art curator Alka Raghuvanshi passed away at the age of 60. She was India’s first trained art curator who had trained at the Goldsmiths College, London and the Museum of Modern Art in Oxford.

Freedom fighter TM Kaliannan Gounder passed away at 101

• Freedom fighter TM Kalliannan Gounder passed away at the age of 101. He was elected to the Indian Constituent Assembly while he was 28-years-old and the youngest member in the Constituent Assembly then and also a member of India’s first Provisional Parliament.
• He served as a Member of the Legislative Council in Tamil Nadu and also as an MLA thrice between 1952 and 1967.

Sports News

Achinta Sheuli bags silver medal at the 2021 Junior World Weightlifting Championships held in Tashkent, Uzbekistan

• Indian weightlifter Achinta Sheuli won a silver medal in the men’s 73-kilogram category at the 2021 Junior World Weightlifting Championships held in Tashkent, Uzbekistan.

Daily CA May 29 One-liner:

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