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Current Affairs for Competitive Exam by Gkseries – 5 MAY 2022

DAILY CA

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 5 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 – 5 May 2022

Current Affairs for Competitive Exam – 5 May 2022 

Chhattisgarh launched ‘Mukhyamantri Mitaan Yojana’

Chhattisgarh launched ‘Mukhyamantri Mitaan Yojana’

Chhattisgarh Chief Minister Bhupesh Baghel has launched a doorstep delivery scheme named Mukhyamantri Mitaan Yojna (Mitaan stands for a friend). The scheme will be implemented as a pilot project in 14 civic bodies. Citizens of Chhattisgarh can avail around 100 public services, including delivery of birth, caste, income and marriage certificates, at their doorstep under a new scheme launched by the state government

In the first phase:

13 services in 14 municipal corporation areas have been included under the ‘Mitaan’ scheme as announced by the CM in his budget speech for the fiscal year 2022-23. Under the Scheme, people can contact the ‘Mitaan’ (nominated individual) on the toll-free number (14545) for the service. The required documents of the residents will be collected from their homes through the Mitaan, who will then scan the certificates and get the processes rolling for the issuance of certificates or services.

Once the concerned department issues the certificate, it will then be delivered at the citizen’s doorstep by the ‘Mitaan’ in a sealed envelope within the prescribed time limit.

HDFC ERGO launches ‘Pay as you Drive’ program

HDFC ERGO launches 'Pay as you Drive’ program

HDFC ERGO General Insurance Company has announced to launch of its ‘Pay as you Drive’ program, this insurance offers distance-based insurance to reduce upfront costs of premium.

The program will be available for owners of new Maruti Suzuki cars in selected cities up to May 14, 2022. This program is applicable for 10,000 policies or ₹50 lacs of premium whichever happens earlier.

The driving distance will be measured with the help of a telematics device in the vehicle.

FidyPay ties-up with Yes Bank to push financial inclusion

FidyPay ties-up with Yes Bank to push financial inclusion

FidyPay (fintech API platform) has joined hands with Yes Bank to expand the digital facility to a wide range of enterprises, including SMEs, fintech companies, and start-ups.

The fintech platform will provide Yes Bank customers with a smooth connected banking experience as part of the partnership. FidyPay will also serve as UPI services solution provider.

FidyPay is backed by Mr. Pratekk Agarwal (the former CBO of BharatPe) and Mr. Ram Pathade (CEO of Mahagram).

IRDAI raised investment up to 30% of assets in BFSI sector

IRDAI raised investment up to 30% of assets in BFSI sector

The Insurance Regulatory and Development Authority of India (Irdai) has increased the investment ceiling for insurance companies in the banking, financial services, and insurance (BFSI) sector to 30% from 25% of their investment corpus.

The existing sectoral investment cap of 25% has been fully utilised by most insurance firms. This will help insurance companies to take a higher exposure in the BFSI sector.

IRDAI Chairperson: Debasish Panda

Satyajit Ray’s birth Anniversary, National Museum of Indian Cinema will host film festival

Satyajit Ray’s birth Anniversary, National Museum of Indian Cinema will host film festival

On the 101st birth anniversary of Satyajit Ray, the National Museum of Indian Cinema, Mumbai under the Union Information and Broadcasting ministry will host a three day film festival at various venues across India to screen films made by the legendary filmmaker. It will also show movies about Satyajit Ray.

KEY POINTS:

Kerala lift the Santosh Trophy for seventh time

Kerala lift the Santosh Trophy for seventh time

Kerala has defeated the 32-time champion West Bengal in a penalty shootout to win its 75th Santhosh Trophy National Tournament for the seventh time at the Payyanad Stadium in Malappuram, Kerala. This is the first time that Kerala has won on home soil since 1993.

Player of the Tournament: Jijo Joseph (Midfielder, Kerala)

Top goalscorer: Jesin Tk. Thonikkara (Forward, Kerala), 9 goals

Best goalkeeper: Priyant Singh (West Bengal).

Jain University won the title of Khelo India University Games 2021

Jain University won the title of Khelo India University Games 2021

JAIN University(Deemed-to-be University) with 20 gold, 7 silver and 5 bronze medals has won the 2nd edition of the Khelo India University Games 2021.

Lovely Professional University (LPU) with 17 golds has placed second and Punjab University placed third with 15 gold medals. Siva Sridhar has emerged as the star swimmer by winning 11 gold.

The closing ceremony of KIUG was held at Sri Kanteerava Outdoor Stadium, Bengaluru. The mascot of KIUG 2021- Veera.

World Press Freedom Index 2022: India ranked 150th

World Press Freedom Index 2022: India ranked 150th

The index released by Reporters Without Borders(RSF) on May 3, which is observed as the World Press Freedom Day, assesses the state of journalism in 180 countries and territories. The Index highlights the disastrous effects of news and information chaos – the effects of a globalised and unregulated online information space that encourages fake news and propaganda.

Key points of the Index:

“Leaders, Politicians, Citizens” book by Rasheed Kidwai

“Leaders, Politicians, Citizens” book by Rasheed Kidwai

“Leaders, Politicians, Citizens: Fifty Figures Who Influenced India’s Politics” authored by author-journalist Rasheed Kidwai compiles stories of 50 personalities who influenced India’s political landscape. The book is published by Hachette India. The foreword of the book is written by Shashi Tharoor, Member of Parliament (Lok Sabha). The book features 50 personalities including Teji Bachchan, Phoolan Devi, Indira Gandhi, Rajiv Gandhi, Jayalalithaa, APJ Abdul Kalam, and Karunanidhi among others. The book is published by Hachette India.

Rajiv Ranjan appointed as ex-officio member of Monetary Policy Committee

Rajiv Ranjan appointed as ex-officio member of Monetary Policy Committee

The Central Board of Directors of Reserve Bank of India (RBI) has approved nomination of Rajiv Ranjan as ex-officio member of Monetary Policy Committee (MPC).

Prior to this, he was an advisor in-charge in the monetary policy department, before he was elevated as an executive director. MPC is a 6-member body and is headed by RBI governor. There are 3 members from RBI and 3 members nominated by Govt.

Governor of RBI: Shaktikanta Das.

Sangeeta Singh gets an additional charge of CBDT Chairman

Sangeeta Singh gets an additional charge of CBDT Chairman

Sangeeta Singh, an Indian Revenue Service (IRS) officer has been given additional charge of Chairman, Central Board of Direct Taxes (CBDT) for a period of three months or till a regular Chairman is appointed.

She has replaced JB Mohapatra who retired as the head of the direct taxes administration body on April 30. She is currently holding charge of Audit and Judicial and an additional charge of Income Tax and Revenue and Tax Payers services. 

HDFC Life becomes signatory to United Nations

HDFC Life becomes signatory to United Nations

HDFC Life has signed up for the UN-supported Principles for Responsible Investment (PRI) with the objective of sustainable growth and long term value creation.

The Company currently has Assets Under Management of over Rs. 2 lakh crores. The company focuses on better understanding the investment implications of environmental, social, and governance (ESG) factors. Principles for Responsible Investment(PRI) was founded in 2005.

MD and CEO of HDFC Life: Vibha Padalkar

Times Higher Education Impact Rankings 2022 released

Times Higher Education Impact Rankings 2022 released

The Times Higher Education (THE) has released the 2022 edition of its Impact Rankings. 8 Universities from India are placed in the top 300 universities in the world.

The ranking is topped by Western Sydney University (Australia); followed by Arizona State University (The US), Western University (Canada).

In India: Amrita Vishwa Vidyapeetham (41st), Lovely Professional University (74th).

The Times Higher Education (THE) also publishes THE World University Rankings.


Daily Quiz on Current Affairs by Gkseries – 5 May 2022

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