Latest Current Affairs Daily Update

28 May 2020 Current Affairs in English

National Headlines

440 metre-long Tunnel under Chardham Pariyojana in Chamba inaugurated

Chardham Connectivity Project the 440 metre-long tunnel has introduced by the union minister for road transport Nitin Gadkari in Chamba. It will significantly decrease the time taken by passengers on the Rishikesh-Dharasu and Gangotri stretch of the Chardham Highway (NH 94). The tunnel has been developed by the Border Roads Organisation (BRO).

Useful Notes for all competitive exams:

  • Minister of State in the Ministry of Road Transport and Highways: V. K. Singh.

‘Hunar Haat’ to restart from Sept 2020 with theme “Local to Global”

‘Hunar Haat’ a programme by Ministry of Minority Affairs will restart with from September 2020 with the theme of “Local to Global”. It is a program for artisans and craftsmen from various parts of the country to showcase their art and craft and provides employment and employment opportunities to more than five lakh Indian artisans, craftsmen, culinary experts and other people associated with them in the last five years.

USeful Notes for all competitive exams:

  • Minister of Minority Affairs: Mukhtar Abbas Naqvi
  • Minister of State in the Ministry of Minority Affairs: Kiren Rijiju.

Webinar on “Van Dhan Scheme: Learnings for post COVID-19”

Government of Rajasthan and the department of science and technology has organized a webinar on “Van Dhan Scheme: Learnings for post COVID-19” in which the government will provide all the information to their residents related to social distancing and to prevent from the effect of Covid-19.


Business Headlines

LIC intoduced“PM Vaya Vandana Yojana” for senior citizens

Life Insurance Corporation of India (LIC) has advertised the launch of revised Pradhan Mantri Vaya Vandana Yojana, a social security scheme specially for senior citizens which will starts from May 26 for three financial years up to March 31, 2023. 

The policy term is of 10 years and for policies sold during the first financial year up to March 31, 2021, the scheme will provide an assured rate of return of 7.40 per cent once a year payable monthly (which is like 7.66 per cent per annum) for the whole duration of 10 years.

Useful Notes for all competitive exams:

  • Head office of LIC: Mumbai, Maharashtra.
  • Chairman of LIC: M R Kumar.
  • LIC Established: 1 September 1956.

Agreements/ MoUs Headlines

PFC partners with NBPCL to fund various projects in Madhya Pradesh

Under Ministry of Power the Power Finance Corporation (PFC), has signed an MoU with Narmada Basin Projects Company Ltd. (NBPCL), an individually-owned company of Madhya Pradesh government, to fund various power projects to be executed in the State of Madhya Pradesh.

Useful Notes for all competitive exams:

  • Chairman & Managing Director of Power Finance Corporation: Rajeev Sharma.
  • Managing Director of Narmada Basin Projects Company Ltd.: I.C.P. Keshari.
  • Chief Minister of Madhya Pradesh: Shivraj Singh Chouhan; Governor: Lal Ji Tandon.

Appointments

PK Nair becomes new Indian Ambassador to Niger

Government of India has declared the invitation of Prem K Nair as Indian Ambassador to the Republic of Niger. 

Useful Notes for all competitive exams:

  • Capital of Niger: Niamey.
  • The currency of Niger: West African CFA franc.
  • President of Niger: Mahamadou Issoufou.

Awards & Rewards

Rajiv Joshi wins NYIPLA Inventor of the year Award 2020

Rajiv Joshi has got the prestigious NYIPLA “Inventor of the Year award” for the year 2020 for his augmentation to improving the electronic industry and developing artificial intelligence (AI) skills. The New York Intellectual Property Law Association (NYIPLA) has presented this award.

Useful Notes for all competitive exams:

  • NYIPLA President: Colman B. Ragan.
  • NYIPLA Established: March 7, 1922.

Science & Technology

NASA renamed its telescope after ‘Mother of Hubble’ Nancy Grace Roman

The National Aeronautics and Space Administration (NASA) has renamed its next-generation space telescope “Wide-Field Infrared Survey Telescope (WFIRST)” in honour of Nancy Grace Roman. She was the US space agency’s first chief astronomer, who flagged the way for space telescopes focused on the broader universe. 

Useful Notes for all competitive exams:

  • The administrator of the National Aeronautics and Space Administration (NASA): Jim Bridenstine.
  • Headquarters of NASA: Washington D.C., United States.

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