Current Affairs is the most important area in all competitive exams. But the difficulty level is very high. That’s why; many aspirants get confused, how to select Current Affairs for Preparation of Competitive Examination? In this Post, Daily Current Affairs 22 & 23 May 2022, we have tried to cover each and every point and also included all important facts from National/ International news that are useful for upcoming competitive examinations such as UPSC, SSC, Railway, State Govt. etc.
Daily Quiz on Current Affairs by Gkseries – 22 & 23 May 2022
Current Affairs for Competitive Exam – 22 & 23 May 2022
International Day for Biological Diversity 2022: 22 May
International Day for Biological Diversity or World Biodiversity Day is observed on 22nd May every year to increase awareness and understanding of the issues of biodiversity. Biodiversity is essential for sustaining the balance of the planet. It is the cornerstone of ecosystem services, which are completely tied to human well-being. Biodiversity is essential for sustaining the balance of the planet. It is the cornerstone of ecosystem services, which are completely tied to human well-being.
This United Nations-designated day aims to remind people all over the globe about the importance of biological diversity and how it affects the planet’s ecosystems.
International Day for Biological Diversity theme
As humans are utterly reliant on thriving and vibrant ecosystems for water, food, medicines, clothing, fuel, shelter, and energy, to mention a few, this year’s Biological Diversity theme is “Building a shared future for all life”. The theme expresses the notion that biodiversity is the bedrock upon which humans may rebuild a better life.
UEFA Europa Football League title won by Germany’s Eintracht Frankfurt
German club Eintracht Frankfurt beat Rangers 5-4 on penalties on Wednesday to win the Europa League final and claim their first European trophy in 42 years. Goalkeeper, Kevin Trapp has saved at the end of extra time and another in the shootout to help give Frankfurt the 5-4 win on penalties. Scottish club Rangers was also trying to win its first European title since the Cup Winners’ Cup in 1972. Kevin Trapp (Eintracht Frankfurt) was Man of the Match.
Colombia striker Rafael Borré, who scored a second-half equalizer for Frankfurt, converted the decisive penalty to clinch the club’s first European trophy since the 1980 UEFA Cup, a predecessor to the Europa League. The win also secures a first appearance in the Champions League next season for Frankfurt.
RBL Bank ties up with Amazon Pay to offer UPI payment services
RBL Bank has tied up with Amazon Web Services to offer UPI payments. The bank has partnered with Amazon Pay to offer peer-to-peer and peer-to-merchant transactions.
With this integration, Amazon Pay will issue NPCI’s allocated UPI ID with the handle @rapl to RBL Bank. The partnership will allow the bank to tap Amazon Pay’s growing customer base and transaction volumes. It will expand the bank’s presence in the UPI segment with its payment processing platform hosted on AWS.
Paytm sets up general insurance JV, plans to invest ₹950 cr in 10 years
Paytm has announced a Joint Venture general insurance company named as Paytm General Insurance Ltd (PGIL).
Paytm parent One97 Communications said it has formed a joint venture general insurance company in which it plans to invest ₹950 crore in 10 years and to hold upfront equity stake of 74 per cent. PGIL will become a subsidiary of the Paytm. PGIL will seek a license for a general insurance business from the insurance regulator IRDAI.
Paytm reappoints Vijay Shekhar Sharma as MD and CEO for 5 yrs
Vijay Shekhar Sharma has been reappointed as as the Managing Director and Chief Executive Officer (CEO) of Paytm for another 5 yrs term. His tenure will be from December 19, 2022, to December 18, 2027.
Madhur Deora has been appointed as the Whole-time Director of Paytm for a tenure of 5 years from May 20, 2022, to May 19, 2027. Deora will also continue to act in the capacity of Chief Financial Officer of Paytm. One 97 Communications is the parent company of Paytm.
RBI decides to give ₹30,307 cr FY22 dividend to Centre
The RBI has approved a dividend payment of Rs. 30,307 crore to the Centre for the fiscal year 2021-22.
The bank’s central board of directors also decided to maintain the contingency risk buffer (CRB) at 5.50%. In the 2022 budget, the government had estimated that it would receive Rs. 73,948 crore as dividend from the RBI and state-owned banks for FY22. The budgeted dividend is 27% lower than the ₹1.01 trillion the Centre received in FY22.
FDI inflow at all-time high of $83.57 bn in 2021-22
As per the Ministry of Commerce and Industry, India has recorded the “highest ever” annual FDI inflow of USD 83.57 billion in 2021-22. In 2020-21, the inflow stood at USD 81.97 billion.
FDI equity inflow in manufacturing sectors has increased by 76% in 2021-22 (USD 21.34 bn) compared to 2020-21. Top investors: Singapore (27%); USA (18%) and Mauritius (16%)
Computer software and hardware attracted maximum inflows followed by the services sector and automobile industry.
Pieter Elbers appointed as new CEO of IndiGo
InterGlobe Aviation, the parent company of low-cost carrier IndiGo, appointed Pieter Elbers as its new Chief Executivie Officer (CEO).
He succeeds Ronojoy Dutta, 71, who has decided to retire on September 30, 2022. Since 2014, Mr Elbers, 52, has served as the President and CEO of KLM Royal Dutch Airlines. He is also a member of the executive committee of the Air France – KLM Group.
Preeti Shenoy’s new novel, ‘A Place Called Home’ to be publish in June 22
Renowned author Preeti Shenoy is set to publish a new novel titled “A Place Called Home”.
The book published by HarperCollins Publishers India. The novel is about secrets, family, and finding yourself. A story set in a coffee estate in Sakleshpur, Karnataka with a strong female protagonist at its core.
Other Books of Preeti Shenoy: The Magic Mindset, When Love Came Calling, Wake Up Life is Calling, Life is What You Make it, The Rule Breakers.
C-CAMP signs MoU with CFTRI to promote innovation in agriculture
The Centre for Cellular and Molecular Platforms (C-CAMP) has signed an MoU with the Centre for Food Technological Research Institute (CFTRI) to foster innovation in agriculture.
The agreement will initiate a joint effort in nurturing deep-science innovation in agriculture, food technology, and allied areas toward sustainability and food security in India’s agriculture sector.
C-CAMP is India’s premier bio-innovation hub.
International Day to End Obstetric Fistula: 23 May
Every year on May 23rd, the International Day to End Obstetric Fistula raises awareness of this medical issue and mobilizes worldwide support for child-bearing women.
An obstetric fistula is an abnormal opening between a woman’s genital tract and their rectum. One of the primary causes of a fistula is obstructed labor. This is also known as labor dystocia. Obstructed labor occurs when an unborn baby is physically blocked from exiting the pelvis. Other causes of obstetric fistulas include prolonged labor, poor access to medical care, malnutrition, and teenage pregnancy.
In 2003 the United Nations Population Fund (UNFPA) and its partners launched the global Campaign to End Fistula, a collaborative initiative to prevent fistula and restore the health of those affected by the condition. The day was officially recognised in 2012.
What is an Obstetric fistula?
Obstetric fistula is a devastating childbirth injury, and a neglected public health and human rights issue. Two million women in low-resource settings have an obstetric fistula, and 100,000 more develop one every year. Leaking urine and/or faeces and, as a result, living in desperate circumstances, only 1 in 50 ever receives treatment.
