1st May 2021 Current Affairs


GK Update of 01st May 2021 masking the next information headlines: Border Roads Organisation, United Kingdom, ‘Oxygen on wheels, SIDBI, Tribal Co-operative Marketing Federation of India.

International News

1. UK turn out to be the primary nation to permit Driverless automobiles on roads

  • The United Kingdom has turn out to be the primary nation to announce regulation for using self-driving automobiles at low speeds. The UK needs to be on the forefront in rolling out autonomous driving expertise.
  • The Government of the UK forecasts that round 40% of UK automobiles may have self-driving capabilities by 2035. This will create 38,000 jobs within the nation.
  • The velocity restrict of the ALKS is to be set at 37 miles per hour. The ALKS shall drive itself in a single lane.

Important takeaways for all aggressive exams:

  • Prime minister of United Kingdom: Boris Johnson.
  • Capital of the United Kingdom: London.

State News

2. Karnal Admin rolls out ‘Oxygen on wheels’ to deal with oxygen disaster

  • In wake of the acute oxygen scarcity throughout the nation, the Karnal administration (Haryana) has rolled out ‘Oxygen on wheels’ to help hospitals within the combat towards the COVID-19 pandemic and oxygen disaster.
  • The objective is to make sure a clean provide of medical oxygen to hospitals treating Covid sufferers.
  • Under this initiative, a service car referred to as a Mobile oxygen financial institution loaded with 100 Oxygen Cylinders reaches out to any district hospital which requisitions its pressing provide.
  • This Round clock service has been in a position to cater to the calls for of varied hospitals within the space. The initiative is practical 24*7 for all hospitals within the Karnal district.

Important takeaways for all aggressive exams:

  • Haryana Capital: Chandigarh.
  • Haryana Governor: Satyadev Narayan Arya.
  • Haryana Chief Minister: Manohar Lal Khattar.

Business News

3. SIDBI launches SHWAS and AROG Loan Schemes for MSMEs

  • The Small Industries Development Bank of India (SIDBI), has launched two mortgage merchandise for MSMEs to assist them with the required monetary assist within the combat towards the COVID-19 pandemic.
  • These two new fast credit score supply schemes will facilitate funding for manufacturing and companies associated to the provision of oxygen cylinders, oxygen concentrators, oximeters and important medicine by MSMEs.

The two new mortgage merchandise are:

  • SHWAS – SIDBI help to Healthcare sector in War Against Second wave of COVID19.
  • AROG – SIDBI Assistance to MSMEs for Recovery & Organic Growth throughout COVID19 pandemic.
  • The schemes are devised beneath the steering of the Government of India (GoI) which facilitates funding for manufacturing and companies associated to the provision of oxygen cylinders, oxygen concentrators, oximeters and important medicine.

Important takeaways for all aggressive exams:

  • CMD of SIDBI: S Ramann;
  • SIDBI arrange on 2nd April 1990;
  • SIDBI Headquarters: Lucknow, Uttar Pradesh.

Appointments News

4. Amitabh Chaudhry Re-appointed as MD & CEO of Axis Bank

  • Amitabh Chaudhry has been re-appointed because the Managing Director and CEO of the non-public sector lender Axis Bank for 3 extra years by the financial institution board. His second 3 years time period will start with impact from January 1, 2022, as much as December 31, 2024.
  • Chaudhry was first appointed as Managing Director (MD) and CEO of Axis Bank for a interval of three years, with impact from January 1, 2019 as much as December 31, 2021. Prior to that, he was the MD and CEO of HDFC Standard Life Insurance Company.

Important takeaways for all aggressive exams:

  • Axis Bank Headquarters: Mumbai;
  • Axis Bank Founded: 1993.

Agreements News

5. TRIFED inks MoU with ‘The LINK Fund’ for tribal improvement

  • Tribal Co-operative Marketing Federation of India (TRIFED), has entered right into a Memorandum of Understanding (MoU) with The LINK Fund, for a collaborative challenge titled “Sustainable Livelihoods For Tribal Households in India”.  Under the challenge, each the organisations will work collectively in the direction of:
  • Tribal Development and Employment Generation, by offering assist to tribals for growing worth addition of their produce and merchandise;
  • Sustainable livelihoods and worth addition, for the rise in revenue and employment era by technological intervention for effectivity in worth addition for MFPs, produce and crafts diversification, ability coaching and enhancement of worth additions in minor forest produce.

6. Indian Bank indicators MoU with BSNL

  • Indian Bank signed an MoU with Bharat Sanchar Nigam Limited to supply seamless telecom companies to the Indian Bank at aggressive market charges. This means the telco is perhaps availing its companies to the financial institution for a decrease market price than regular.
  • The financial institution is already utilizing the companies of BSNL and Mahanagar Telephone Nigam Limited for its Wide Area Network throughout the nation Dr VK Sanjeevi, chief common supervisor of Chennai Telephones mentioned that BSNL and its subsidiary MTNL is connecting 5,000 branches and ATMs of Indian Bank.

Important takeaways for all aggressive exams:

  • Indian Bank Headquarters: Chennai, Tamil Nadu.
  • Indian Bank CEO: Padmaja Chunduru.
  • Indian Bank Tagline: Your Own Bank, Banking That’s Twice As Good.
  • Bharat Sanchar Nigam Limited Chairman & MD: Pravin Kumar Purwar.
  • Bharat Sanchar Nigam Limited Headquarters: New Delhi.

Ranks and Reports News

7. LIC Among Top Ten Most-Valuable Insurance Brand Globally

  • The state-owned insurance coverage behemoth ‘Life Insurance Corporation (LIC)’ has emerged because the third strongest and the tenth most beneficial insurance coverage model globally, in Brand Finance Insurance 100 report for 2021.
  • The annual report is launched by London-based model valuation consultancy agency Brand Finance, to determine probably the most beneficial and strongest insurance coverage manufacturers globally.

According to the report:

  1. Most Valuable Indian Insurance Brand – LIC (tenth)
  2. Most Strongest Indian Insurance Brand – LIC (third)
  3. Most Valuable Global Insurance Brand – Ping An Insurance, China
  4. Most Strongest Global Insurance Brand – Poste Italiane, Italy

Important Days

8. International Workers’ Day: 1st May

  • International Labour Day (often known as May Day or International Workers’ Day) is well known internationally on the 1st of May yearly.
  • The day celebrates the wrestle, dedication and dedication of the working class and is an annual public vacation in a number of nations.
  • On 1 May 1886, Chicago and some different cities had been the websites of a significant union demonstration in assist of the eight-hour workday demand.
  • In 1889, the International Socialist Conference declared that in commemoration of the Haymarket affair, 1 May could be a global vacation for the labour power, now referred to as International Workers’ Day.

Important takeaways for all aggressive exams:

  • Headquarters of International Labour Organization: Geneva, Switzerland.
  • President of International Labour Organization: Guy Ryder.
  • International Labour Organization Founded: 1919.

Obituaries New

9. Senior TV Journalist Rohit Sardana Passes Away

  • Renowned TV journalist and information anchor, Rohit Sardana, has handed away, on account of a coronary heart assault, following the lethal COVID-19 an infection. The younger journalist was simply 41-year-old. Sardana was related to Zee News since 2004, earlier than shifting to AajTak in 2017.
  • With Zee News, he hosted Taal Thok Ke, a programme that discusses up to date points in India, whereas with AajTak, he was internet hosting the controversy present ”Dangal.” Sardana was awarded the Ganesh Shankar Vidyarthi Puraskar by the Indian authorities in 2018.

Miscellaneous News

10. Vaishali Hiwase turns into 1st lady to be appointed officer commanding in BRO

  • Vaishali S Hiwase grew to become the primary lady officer to be appointed as officer commanding within the Border Roads Organisation (BRO) the place she might be chargeable for offering connectivity by an Indo-China border street. Vaishali is from Wardha, Maharashtra, and has accomplished a profitable demanding tenure in Kargil.
  • In a primary, the Border Roads Organisation (BRO) has appointed a lady officer to command a Road Construction Company (RCC) tasked to supply connectivity in a high-altitude space alongside the India-China border.

Important takeaways for all aggressive exams:

  • Director-General of BRO: Lt. Gen. Rajeev Chaudhary;
  • BRO Headquarters: New Delhi;
  • BRO Founded: 7 May 1960.