General Knowledge & Current Affairs

May 2022 -1st to 8th

  • 21 NPF (Naga People’s Front) MLAs join NDPP (Nationalist Democratic Progressive Party) in 60-member Nagaland Assembly
  •  EAM S. Jaishankar calls on Bhutan’s PM Lotay Tshering in Thimphu
  •  Degrees of students joining medical colleges in Pakistan after Dec 2018 not valid in India: National Medical Commission
  • Foundation day of Maharashtra and Gujarat celebrated on May 1
  • PM Modi meets Germany’s Chancellor Olaf Scholz in Berlin
  • External Affairs Ministry accepts Tamil Nadu government’s proposal to send aid to Sri Lanka
  • Satyajit Ray film festival being organized in Mumbai on May 2-4 by the National Museum of Indian Cinema
  • IRS officer Sangeeta Singh given additional charge of CBDT Chairperson
  • PM Modi, Denmark’s PM Mette Frederiksen Mette Frederiksen hold delegation level talks in Copenhagen; Review progress of Green Strategic Partnership between two countries
  • India, Germany ink pact for encrypted connection between foreign offices
  • India and Germany sign joint declaration of Intent on Forest Landscape Restoration
  • India and Germany sign joint declaration of Intent on Indo-German Hydrogen Task Force
  • 2nd India-Nordic Summit held at Copenhagen in Denmark; participating Prime Ministers – India: Narendra Modi, Denmark: Mette Frederiksen, Finland: Sanna Marin, Iceland: Katrin Jakobsdottir, Sweden: Magdalena Andersson and Norway: Jonas Gahr Store
  •  PM Modi meets Denmark’s Queen Margrethe II in Copenhagen
    MONETARY POLICY REVIEW
  • RBI’s monetary policy committee (MPC) votes unanimously to increase repo rate by 40 basis points (bps)
  •  Repo rate increased to 4.40%, with immediate effect
  • Standing deposit facility (SDF) rate stands adjusted to 4.15%
  • Marginal standing facility (MSF) rate and the Bank Rate stand adjusted to 4.65%
  • Cash reserve ratio (CRR) of banks hiked by 50 basis points to 4.5% of net demand and time liabilities (NDTL) from May 21
  • PM Modi holds talks with French President Emmanuel Macron in Paris
  • Home Minister Amit Shah inaugurates 3 floating Border Outposts named Sutlej, Kaveri and Narmada on Indo-Bangladesh Border
  • Prashant Kishor says will set up Jan Suraaj to work for Bihar’s development
  • WHO says 47 lakh people died in India because of Covid-19; Indian govt.’s figure 4.81 lakh in 2020 & 2021
  • EAM Dr S. Jaishankar holds bilateral talks with visiting Italian Foreign Minister Luigi Di Maio in New Delhi
  •  PM addresses JITO Connect, a global summit organised by Jain International Trade Organisation (JITO) in Pune
  • Fertility rate drops to 2 children; now below replacement level: National Family Health Survey (NFHS)
  • Union Minister Rajeev Chandrasekhar virtually inaugurates five NIELIT (National Institute of Electronics & Information Technology)) Centres in North East Region
  • Meghalaya CM Conrad K. Sangma and Sikkim Prem Singh Tamang inaugurate Northeast Food Show in Shillong
  • Constitution bench to decide who will control Delhi government bureaucrats
  • Home Ministry launches portal for retired CAPF and Assam Rifle personnel seeking re-employment with private security agencies

  • Germany takes Italy to UN court (International Court of Justice) over Nazi compensation claims
  •  International Jazz Day observed by UNESCO on April 30
  • World’s oldest person, Kane Tanaka, dies in Japan aged 119
  • NATO exercises — Defender Europe 2022 and Swift Response 2022 — begin along its eastern flank, says Poland’s armed forces
  • US House Speaker Nancy Pelosi meets Ukraine’s President Volodymyr Zelenskyy in Kyiv
  • International Labour Day celebrated on May 1
  • World Tuna Day observed on May 2
  • World Press Freedom Day celebrated on May 3; theme: “Journalism under digital siege”
  • World Asthma Day observed on May 3
  • Norway tops World Press Freedom Index of Reporters Without Borders; India ranked 150th among 180 countries
  • World Portuguese Language Day celebrated by UNESCO on May 5
  • EU announces new sanctions against Russia over Ukraine issue; plans to cut off European purchases of Russian crude oil within six months
  •  US Fed hikes rate by a half-percentage point; sharpest increase since 2000
  • Taliban stops issuing driving licence to women in Kabul & other provinces in Afghanistan
  • Taiwan scraps deal to buy US anti-submarine helicopters
  • Australia’s Robert Piper becomes UN Secretary-General Antonio Guterres’ special adviser on internal displacement
  • Russia to open humanitarian corridor for evacuation of civilians from the blocked Azovstal plant in Ukraine’s Mariupol
  • India highlights food, energy security challenges emanating from Ukraine conflict at UNSC
  • SpaceX brings back 4 astronauts back to earth after six months’ stay at International Space Station
  • Sri Lanka: President Gotabaya Rajapaksa declares state of emergency

ECONOMY & CORPORATE April 2022. Best coaching for LAW entrance

  • India launches pilot phase of UPI-type protocol ONDC (open network for digital commerce) in 5 cities
  •  ED seizes over Rs 5,000 crore of Xiaomi Technology India under provisions of FEMA
  • To plug support package loopholes, NABARD (National Bank for Agriculture and Rural Development) plans farmer distress index
  • Shell buys Indian renewables firm Sprng Energy for $1.55 billion
  • Indian Oil Corp rolls out methanol-blended petrol on pilot basis
  • India to receive 10 billion euros for green projects from Germany until 2030
  • Food processing minister Pashupati Kumar Paras launches three ‘One District One Products’ brands” Brand Anaras: Ri Bhoi, Meghalaya, Brand Madhurmithas: Muzaffarnagar, UP, Brand Pind Se: Amritsar, Punjab
  • NHAI awarded 6,306 km of highways projects in FY22; built 4,325 km
  • Unemployment rate at 8.7% in October-December 2021, says NSO survey
  • RBI gives no-objection for merger of Equitas SFB, Equitas Holdings
  • Finance Minister Nirmala Sitharaman flags anonymity as ‘inherent risk’ in use of blockchain

  • Poland’s Jan-Krzysztof Duda wins Oslo Esports Cup rapid online chess tournament
  • P. V. Sindhu wins bronze at Badminton Asia Championships at Manila (Philippines)
  • Football: Real Madrid wins 35th La Liga title in Spain
  • 2022 Badminton Asia Championships organised in Manila, Philippines: Malaysia’s Lee Zii Jia wins men’s singles title; China’s Wang Zhiyi wins women’s singles title
  • Khelo India University Games conclude in Bengaluru; host Jain University tops medals tally
  • Santosh Trophy football: Kerala beat West Bengal in penalty shootout to lift title for seventh time; final played at Payyanad Stadium in Malappuram
  • 19th Asian Games, originally scheduled to be held in Hangzhou, China from September 10 to 25, 2022, postponed because of Covid-19 concerns
  • 4th Khelo India Youth Games to be held at Panchkula, Haryana from June 4 to 13
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