Current Affairs for Competitive Exam by Gkseries – 20 MAY 2022
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 20 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 – 20 May 2022
Current Affairs for Competitive Exam – 20 May 2022
Panel of PM’s Office recommends urban job guarantee scheme
A report commissioned by the Economic Advisory Council (EAC) to the Prime Minister on Wednesday suggested that the government roll out a universal basic income (UBI) scheme to reduce stark income gaps and launch a guaranteed employment programme for the urban unemployed. Citing the country’s uneven income distribution, the report also advocated raising the minimum wage and increasing government investment on the social sector to make vulnerable groups more resilient to shocks and prevent them from falling into poverty.
According to the report that is titled, “The State of Inequality in India”, given the disparity in labour force participation rates between rural and urban areas, the urban equivalent of demand-based and guaranteed employment programmes such as MGNREGS should be implemented so that surplus labour can be rehabilitated.
It added that boosting the minimum wage and implementing universal basic income are two ideas that can help close the income gap and ensure that wages are distributed equally in the labour market. The EAC-PM stated that charting the mobility into and out of poverty is the most significant part of quantifying poverty in a multi-dimensional environment.
According to the results of the three rounds of the Periodic Labour Force Survey (PLFS), the top 1% of the population possessed 6-7% of total income earned in the three years to 2019-20, with the top 10% holding a third.
Union Minister Jitendra Singh Released E-book Civil List-2022 of IAS officers
Jitendra Singh, Union Minister of State(MoS), Ministry of Personnel, Public Grievances & Pensions released the e-book ‘Civil List – 2022 of IAS officers’ at North Block, Secretariat Building, New Delhi, Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh said that in the last 8 years, several pathbreaking reforms have been undertaken by the Department of Personnel & Training (DoPT), which can be categorised as reforms related to Governance and reforms related to practitioners of governance.
This is the 67th edition of the Civil List and the 2nd edition of the e-book in pdf with unique search facilities and hyperlinking of contents for ease of access of information. This will support in selecting the right officer for the right assignment based on the available profile. This is also a vital source of information on the officers manning various posts for the general public.
HarperCollins India to publish Preeti Shenoy new novel, ‘A Place Called Home’
HarperCollins India to publish Preeti Shenoy’s new novel ‘A Place Called Home’ – HarperCollins Publishers India will release Bestselling author Preeti Shenoy’s new novel titled “A Place Called Home” in June 2022. “A Place Called Home” novel marks a story set in a coffee estate in Sakleshpur, Karnataka with a strong female protagonist at its core. The new novel is about secrets, family, and finding yourself. The book published by HarperCollins Publishers India is set to be released in June 2022.
Preeti Shenoy Novels
- The Magic Mindset,
- When Love Came Calling,
- Wake Up Life is Calling,
- Life is What You Make it,
- The Rule Breakers,
- A Hundred Little Flames.
Her works have also been translated into many Indian languages and also into Turkish.
Supreme Court has ordered the release of Rajiv Gandhi’s assassination suspect
The Supreme Court used Article 142 of the Constitution to grant AG Perarivalan, a convict in the assassination of former Prime Minister Rajiv Gandhi, extraordinary powers to “do complete justice in any cause or matter pending before it.”
Perarivalan was released free by a bench of justices led by L.N. Rao and B.R. Gavai, who took into account his lengthy incarceration. Perarivalan spent 29 of his 32 years in prison in solitary confinement until being granted bail by the Supreme Court in March 2022.
He spent 16 years on execution row before the court remitted his sentence to life imprisonment in 2014. The court further noted that Perarivalan had filed his clemency plea under Article 161 with the Tamil Nadu Governor in 2015, and that the state cabinet had instructed the state’s chief executive to accept it in September 2018.
Ashwini Vaishnaw Opened NIELIT Center in Leh, Ladakh
Union Cabinet Minister of Electronics & Information Technology, Communications and Railways, Ashwini Vaishnaw has inaugurated the National Institute of Electronics and Information Technology (NIELIT) Centre Leh, Extension Centre Kargil and IT Enabled Incubation Centre for Handicraft and Handloom Sector.
Union Minister, Sh. Ashwini Vaishnaw, while inaugurating the NIELIT Centres at Leh, Kargil and Incubation Centre at Leh, reiterated the commitment of the Hon’ble Prime Minister for the development of UT of Ladakh.
BSE named Ex RBI Deputy Governor SS Mundra as Chairman
Leading stock exchange BSE Limited approved the appointment of SS Mundra, Public Interest Director as the Chairman of the board of directors of the company.
- Mundra will take place Justice Vikramajit Sen who is the current chairman.
- Mundra was appointed as Public Interest Director at BSE in January 2018.
- He retired as Deputy Governor of the Reserve Bank of India on 30th July 2017.
Ajay Piramal receives Order of the British Empire award
Ajay Piramal, Chairman of the Piramal Group, has received an honorary Commander of the Order of the British Empire (CBE) award from Queen Elizabeth II. He received the award for his services to the UK-India trade relationship as the Indian Co-Chair of the UK-India CEO Forum. As co-chair of the India-UK CEO forum since 2016, the endeavour has been to help strengthen the strong bilateral relations between the two countries through greater economic cooperation.
A prominent national role of a lesser degree, a conspicuous leading role in regional affairs through achievement or service to the community, or a highly distinguished, innovative contribution in his or her area of activity. The award was Instituted in 1917 by King George V.
S&P Cuts India’s Economic Growth Forecast To 7.3% For 2022-23
S&P Global Ratings cut India’s growth projection for the current fiscal to 7.3 per cent from 7.8 per cent earlier on rising inflation and the longer-than-expected Russia-Ukraine conflict. S&P had in December last year pegged India’s GDP growth in 2022-23 fiscal, which began on April 1, 2022, at 7.8 per cent. For the next fiscal the growth has been pegged at 6.5 per cent.
In the aftermath of the Russia-Ukraine war and rising commodity prices, various global agencies have cut India’s growth forecast recently. The World Bank in April slashed India’s GDP forecast for fiscal 2022-23 to 8 per cent from 8.7 per cent predicted earlier, while IMF has cut the projections to 8.2 per cent from 9 per cent.
Asian Development Bank (ADB) has projected India’s growth at 7.5 per cent, while the RBI, last month, cut its forecast to 7.2 per cent from 7.8 per cent amid volatile crude oil prices and supply chain disruptions due to the ongoing Russia-Ukraine war.
Patanjali Food Business will be acquired by Ruchi Soya for Rs. 690 crore
Ruchi Soya, an edible oil company, has announced that it will buy Patanjali Ayurved’s food division for Rs 690 crore. Ruchi Soya’s transition to the fast-moving consumer goods (FMCG) category is likely to be accelerated as a result of this.
After regulatory permissions, the name of Ruchi Soya Industries Ltd would be changed to Patanjali Foods Ltd. Ghee, honey, spices, juices, and wheat are among the 21 products in the acquired food industry. Ruchi Soya is India’s largest producer of edible oil. Patanjali Ayurved purchased it in 2019.
According to a survey issued by Deloitte Touche Tohmatsu, Ruchi Soya was rated 175 among the top 250 consumer products businesses in the Global Powers of the Consumer Products Industry 2012.
World Bee Day 2022: Theme, Purpose, History
World Bee Day is celebrated worldwide on May 20. the main purpose of this day is to acknowledge the role of bees and other pollinators in the ecosystem.
This day commemorates the birth of Anton Jansa in 1734. She is considered the pioneer of beekeeping. In December 2017, the United Nations Member States approved the proposal of Slovenia to proclaim 20 May as World Bee Day.
World Bee Day 2022: Theme
The Theme 2022 of World Bee Day is ‘Bee Engaged: Celebrating the diversity of bees and beekeeping systems’.
The theme of World Bee Day 2021 is “Bee engaged: Build Back Better for Bees”.
The theme for 2020 World Bee Day is “Save the Bees”. The theme goal is to stress the protection of bees and other pollinators. also, It motives at protecting the natural habitat of pollinators.
National Endangered Species Day 2022: Theme, History
National Endangered Species Day 2022: Every year the third Friday of May is celebrated as National Endangered Species Day. National Endangered Species Day 2022 is observed on the 20th of May. it marks the 16th National Endangered Species Day.
The main purpose of National Endangered Species Day is to emphasise conserving our planet Earth’s flora and fauna. It reminds people they can do a lot to protect these species. The aim of National Endangered Species Day is to make people aware of the ways of conservation, restoration of the ecosystem and understanding of biodiversity.
Theme
The National Endangered Species Day theme 2022 is “Recovering key species for ecosystem restoration”.
International Day against Homophobia, Transphobia and Biphobia 2022
International Day Against Homophobia, Biphobia and Transphobiais observed on May 17 and aims to coordinate international events that raise awareness of LGBT rights violations and stimulate interest in LGBT rights work worldwide. By 2016 the commemorations had taken place in over 130 countries.
The IDAHO Committee was founded to coordinate grassroots actions in different countries, promote the day, and push for official recognition on May 17 by the creators of the International Day Against Homophobia. The day of May 17 was selected to honour the World Health Organization’s (WHO) decision in 1990 to remove homosexuality from the International Classification of Diseases. On May 17, 2005, the first International Day Against Homophobia was held.