Current Affairs for Competitive Exam by Gkseries – 28 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 28 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.

Current Affairs for Competitive Exam – 28 May 2022

ISSF Junior World Cup 2022: India won 33 medals

International Shooting Sport Federation (ISSF) Junior World Cup 2022 was held at Suhl in Germany. The Indian contingent was led by ace shooters Manu Bhaker and Saurabh Chaudhary. At the ISSF Junior World Cup 2022, the Indian junior shooting team came in first position overall. India’s tally of 33 medals – 13 golds, 15 silvers, and five bronze – was the most by any country at the 2022 edition. Italy – with four golds, two silvers and five bronze medals – finished second on the table. With four gold medals, Italy came in second place.

At the last edition of the ISSF Junior World Cup in 2021, India had 43 medals – 17 golds, 16 silvers and 10 bronze – to top the medals table.

India’s medal winners at ISSF Junior World Cup 2022:

Gold

1. Simranpreet Kaur Brar and Vijayveer Sidhu – 25m rapid fire pistol mixed team
2. Anish Bhanwala, Vijayveer Sidhu and Sameer – men’s 25m rapid fire pistol team
3. Manu Bhaker, Esha Singh and Rhythm Sangwan – women’s 25m pistol team
4. Sift Kaur Samra – women’s 50m rifle 3 positions individual
5. Rhythm Sangwan – women’s 25m pistol individual
6. Rudrankksh Patil, Paarth Makhija and Umamahesh Maddineni – men’s air rifle team
7. Rudrankksh Patil – men’s 10m air rifle individual
8. Shiva Narwal – men’s 10m air pistol individual
9. Palak – women’s 10m air pistol individual
10. Saurabh Chaudhary, Shiva Narwal and Sarabjot Singh – men’s air pistol team
11. Esha Singh-Saurabh Chaudhary – 10m air pistol mixed team
12. Manu Bhaker, Palak and Esha Singh – women’s 10m air pistol team
13. Arya Borse, Zeena Khitta and Ramita – women’s air rifle team

Silver

1. Anish-Tejaswani – 25m rapid fire pistol mixed team
2. Pankaj Mukheja and Sift Kaur Samra – 50m rifle 3 positions mixed team
3. Shivam Dabas, Pankaj Mukheja, Avinash Yadav – men’s 50m rifle 3 positions team
4. Anish – men’s 25m rapid fire pistol individual
5. Manu Bhaker – women’s 25m pistol individual
6. Shivam Dabas – men’s 50m rifle 3 positions individual
7. Abhinav Shaw – men’s 10m air rifle individual
8. Ramita – women’s 10m air rifle individual
9. Manu Bhaker – women’s 10m air pistol individual
10. Palak and Sarabjot Singh – 10m air pistol mixed team
11. Ramita and Paarth Makhija – 10m air rifle mixed team
12. Sift Kaur Samra and Surya Pratap Singh – 50m Rifle Prone Mixed Team competition
13. Shardul Vihaan, Arya Vansh Tyagi and Vivaan Kapoor – men’s trap team
14. Sarabjot Singh – 10m air pistol men individual
15. Preeti Rajak, Sabeera Haris and Bhavya Tripathi – women’s trap team

Bronze

1. Parinaaz Dhaliwal, Darshna Rathore and Areeba Khan –  women’s skeet team
2. Vijayveer Sidhu – men’s 25m rapid fire pistol individual
3. Naamya Kapoor – women’s 25m pistol individual
4. Nischal, Ashi Chouksey, Samra Sift Kaur – women’s 50m rifle 3 positions team
5. Ashi Chouksey – 50m rifle 3 positions

HDFC Securities launched Robo-advisory platform ‘HDFC Money’

Broking house HDFC Securities has launched HDFC Money, a robo-advisory investment platform that will offer mutual fund schemes and other financial products without the need of a demat account. Apart from mutual funds, one can also manage other aspects of finances such as accessing, managing, and tracking portfolios, starting goal planning, insurance planning, creating e-Wills and managing or filing taxes.

The basic objective of investing is to achieve a financial goal, which could be as simple as a holiday trip to a complex retirement planning or child education/marriage.” HDFC Money, backed by inputs from a highly experienced team, curates via Robo-advisory the best of the best mutual funds that exist in this exhaustive market as per the declared risk profile of the customer.

Features of ‘HDFC Money’:

These eventually help the investor in navigating through their investment decisions. According to the company, HDFC Money will help investors to plan and execute with a more defined objective keeping risk and tenure in consideration.

It starts with the customer identifying and specifying his/her goal and the expected outcome over a certain time frame with a defined risk appetite. The plan takes into consideration the mode of investment i.e. lump sum or staggered or a combination over the period to achieve the desired goal. The e-Will facility, which starts at ₹1,500, will help in creation of a Will about the distribution of wealth and other assets.

Rajnath Singh approves new Defence Estates Circle for Uttarakhand

Union Defence Minister Rajnath Singh on Thursday accepted the proposal for the creation of a brand new Defence Estates Circle completely for Uttarakhand on Might 26, 2022. In view of the difficulties confronted in managing massive tracts of defence land within the state and the demand of cantonment residents in Uttrakhand, the MoD will set up an unbiased workplace of Defence Estates at Dehradun and a sub-office at Ranikhet.

The establishment of the new Defence Estates Circle for Uttarakhand is a huge step forward in bringing the government closer to the people in keeping with the objective of ‘ease of living and ‘ease of doing business.

About the Defence Estates Circle:

The creation of a new Defence Estates Circle at Dehradun exclusively for Uttarakhand will facilitate the residents/ organisations in getting timely and quick access to various services of defence land management.

In order to further decentralize the governance structure, Raksha Mantri has also approved the establishment of a sub-office at Ranikhet under the administrative jurisdiction of Defence Estates Dehradun to deal exclusively with six districts of the Kumaon region of the state. Earlier, the entire defence land and cantonments in Uttrakhand were covered under two distinct Defence Estates Circles headquartered at Meerut and Bareilly in Uttar Pradesh.

Delhi Customs launches Project ‘NIGAH’ at ICD Garhi Harsaru, Gurugram

Chief Commissioner, Delhi Customs Zone, Shri Surjit Bhujabal inaugurated project ‘NIGAH’ at ICD Garhi Harsaru, Gurugram. ICTM (ICD Container Tracking Module) has been developed in collaboration with the Custodian M/s. GRFL. A live demo of the project was given to all the participants.

The function was attended by Commissioner of Customs, ICD Patparganj & Other ICDs Sh. Manish Saxena; Additional Commissioner of Customs Sh. Jayant Sahay; Deputy Commissioner of port Sh Sunil Shrivastava and Smt Jaya Kumari, Vice-President of M/s. GRFL Sh Rajguru with his team; Custodians of ICD Sonepat and ICD Patli and Sh. Puneet Jain, President of Delhi Customs Brokers Association along with other office-bearers. The function was virtually attended by Officers and Custodians of Other ICDs of the Patparganj Commissionerate.

RBI issues norms for gold import by qualified jewellers through IIBX

The Reserve Bank of India (RBI) has issued norms for facilitating physical import of gold through India International Bullion Exchange IFSC (IIBX) or similar authorised exchange by Qualified Jewellers in India.

As per the guidelines, banks may allow Qualified Jewellers to remit advance payments for 11 days for import of gold through IIBX in compliance to the extant Foreign Trade Policy and regulations issued under IFSC Act.

Moody’s cuts CY22 India GDP growth forecast to 8.8% amid rising inflation

Moody’s Investors Service has cut its gross domestic product (GDP) growth forecast for India to 8.8% for calendar year 2022 (CY22) from its March estimate of 9.1%.

Reason: Rising inflation and interest rates will temper the economic growth momentum.

It projected inflation to be around 6.8% and 5.2% for 2022 and 2023, respectively. Earlier, the S&P Global Ratings had cut India’s growth projection for 2022-23 to 7.3 per cent, from 7.8 per cent earlier.

Sebi withdraws permanent recognition granted to ICEX

SEBI has withdrawn the recognition granted to the Indian Commodity Exchange Limited (ICEX).

The withdrawal of recognition follows an order passed by SEBI on May 10 after finding the bourse non-compliant on several grounds like net worth and infrastructural requirements. After this, the ICEX has been directed to transfer the money available in the Investor Protection Fund and Investor Services Fund of ICEX to Sebi’s Investor Protection and Education Fund.

Indian officer Anwar Hussain Shaik is new chair of WTO’s committee

Ten years later, an Indian government officer, Anwar Hussain Shaik has been made the chair of the WTO’s Committee on Technical Barriers on Trade(TBT). He replaced Elisa Maria Olmeda de Alejandro from Mexico.

Aim: To ensure that standards and conformity assessment procedures, and technical regulations are non-discriminatory and do not create unnecessary obstacles to trade.

WTO is a 164 member organisation that formulates rules for global exports and imports.

BOB Financial launched co-branded contactless RuPay Credit Card with HPCL

Bank of Baroda Financial and Hindustan Petroleum (HPCL) in partnership with National Payments Corporation of India (NPCI), have launched HPCL BoB co-branded contactless RuPay Credit Card.

The card includes various features such as rewards for spending on utilities, grocery and departmental stores. This card can be used across merchants and ATMs globally through the JCB network. BOB Financial is a wholly-owned subsidiary of the Bank of Baroda (BoB).

CCEA clears sale of govt’s 29.5% stake in Hindustan Zinc

The Cabinet Committee on Economic Affairs (CCEA) has cleared the government’s 29.5% stake sale in Hindustan Zinc Ltd (HZL) to fetch around Rs 38,000 crore to the exchequer.

This decision will strengthen the government’s disinvestment drive in the current fiscal year. The government has budgeted Rs. 65,000 crore from PSU disinvestment and strategic sale. In 2002, the government offloaded a 26% stake in HZL to Sterlite Opportunities and Ventures Ltd (SOVL).

Japan’s MUFG Bank gets approval set up branch at GIFT City

MUFG Bank becomes the first Japanese bank to open a branch at Gujarat International Financial Tech City (GIFT City) in a bid to offer a wide range of banking services to both domestic and global clients.

MUFG Bank has already taken all necessary approvals from the International Financial Services Centre Authority (India) and the Financial Services Agency (Japan) to set up a branch at GIFT City. MUFG had opened its first branch in Mumbai in 1953.

‘Tomb of Sand’ becomes 1st Hindi novel to win 2022 Booker Prize

Indian author Geetanjali Shree and American translator Daisy Rockwell won the 2022 International Booker Prize for “Tomb of Sand”.

The book “Tomb of Sand’ was originally written in Hindi, it is the first book in any Indian language to win such a prestigious award. The prize money of 50,000 pound will be split between Shree and Rockwell.

The book is about a widow who dares to confront her experiences during the 1947 partition into India and Pakistan.