27th May 2021 Current Affairs


GK Update of twenty seventh May 2021 protecting the next information headlines: Equitas Small Finance Bank, Sach Kahun Toh, UNITE AWARE, Earth System Observatory, Rudolf V Schindler award, IIT Ropar.

National News

1. Ayush Ministry Organises Series Of 5 Webinars On “Be With Yoga, Be At Home”

  • The Ministry of Ayush is organising numerous actions within the run-up to the International Day of Yoga, 2021. One amongst these is a sequence of 5 webinars that the Ministry is organising beneath the broad theme of “Be with Yoga, Be at Home” in collaboration with 5 famend organisations of the nation who will current one webinar every on a specific subject.
  • Some famend Organisations are:- The Art of Living, The Yoga Institute, ArhamDhyanYog, and many others.
  • This sequence of 5 insightful webinars are aimed to remind the broader viewers concerning the points which have grow to be extraordinarily vital within the current context of Covid-19.
  • The sequence will search to develop a cumulative understanding to answer these cross-cutting points, relying upon the collective experiential knowledge of 5 organisations which have their very own distinctive custom of studying and sharing.

Important takeaways for all aggressive exams:

  • Minister of State (IC) of the Ministry of AYUSH: Shripad Yesso Naik.

2. Cabinet Approves MoUs Signed Between ICoAl, ICSI With Foreign Countries

  • The Union Cabinet has granted approval to the Memorandum of Understandings (MoUs) entered into by the Institute of Cost Accountants of India and the Institute of Company Secretaries of India with numerous international locations and organisations.
  • The MoUs search to facilitate mutual recognition of {qualifications} and a spread of collaborative actions for the change of information.
  • The signed MoUs would assist in the development of the targets on fairness, public accountability and innovation among the many beneficiaries international locations.
  • The Institute of Cost Accountants of India (ICoAl) and the Institute of Company Secretaries of India (ICSI) have signed MoUs with international organisations specifically Institute of Public Accountants (IPA), Australia, Chartered Institute for Securities and Investment, UK (CISI), Chartered Institute of Public Finance and Accountancy (CIPFA), UK, Institute of Certified Management Accountants, Sri Lanka and Institute of Chartered Secretaries and Administrators (ICSA), UK.

3. India to launch cell tech platform ‘UNITE AWARE’ for UN peacekeepers

  • India will launch ‘UNITE AWARE’, a cell tech platform for the United Nations Peacekeepers to enhance their security and safety within the line of responsibility.
  • It might be launched throughout India’s United Nations Security Council (UNSC) Presidency time period in August 2021 (Presidency of the UNSC Council is held by every of the members in flip for one month).
  • UNITED AWARE will improve the situational consciousness of the peacekeepers by offering terrain-related data.
  • India has spent USD 1.64 million on the undertaking and is growing it in partnership with the UN Department of Peacekeeping Operations and Department of Operational Support.
  • The details about the platform was shared by India’s Deputy Permanent Representative to the UN, Ambassador K Nagaraj Naidu throughout his digital deal with to UNSC Open Debate ‘Peacekeeping Operations: Improving security and safety of peacekeepers.

Important takeaways for all aggressive exams:

  • UN’s  Secretary-General for Peace Operations: Jean-Pierre Lacroix;
  •  UN’s Department of Peacekeeping Operations Headquarters: New York, USA.

International News

4. Ecuador’s Lasso sworn in as first right-wing chief in 14 years

  • Guillermo Lasso, a conservative, assumed the presidency of Ecuador and has grow to be the primary right-wing chief in 14 years in Ecuador.
  • The 65-year-old former banker beat left-wing economist Andres Arauz in a second-round run-off final month and succeeds the vastly unpopular Lenin Moreno.
  • Guillermo Alberto is a banker, businessman, author and politician who just lately turned the forty seventh president of Ecuador. He is the primary centre-right president in 20 years.

Important takeaways for all aggressive exams:

  • Ecuador Capital: Quito;
  • Ecuador Currency: United States Dollar.

Appointments News

5. Andy Jassy will grow to be Amazon’s CEO on July fifth

  • Andy Jassy will formally grow to be the CEO of Amazon on July fifth, the corporate introduced at a shareholder assembly. Amazon introduced that Jassy, who’s the present CEO of Amazon Web Services (AWS), would change Jeff Bezos as CEO of the complete firm in February.
  • Bezos will grow to be government chair of Amazon’s board. Jassy joined the corporate within the late ’90s and was tasked with exploring what would grow to be AWS round 2003.

Important takeaways for all aggressive exams:

  • Amazon.com Inc Founded: 5 July 1994.
  • Amazon.com Inc Headquarters: Seattle, Washington, United States.

Banking News

6. Equitas Small Finance Bank presents on-line course of for NRI account opening

  • Equitas Small Finance Bank has now grow to be the first Small Finance Bank to supply its NRI buyer section the benefit of account opening on-line.
  • The firm may also be the one one within the Small Finance Bank sector to have Virtual Relationship Managers based mostly on time zones. The on-line technique of account opening for NRIs might be achieved through smartphone or pc related to the Internet.

Important takeaways for all aggressive exams:

  • Equitas Small Finance Bank MD & CEO Vasudevan P N;
  • Equitas Small Finance Bank Headquarters: Chennai;
  • Equitas Small Finance Bank Founded: 2016.

Business News

7. Zeta turns into 14th Indian unicorn this 12 months after SoftBank funding

  • Banking expertise startup, Zeta has raised $250 million from Japanese funding main SoftBank at a valuation of $1.45 billion. Zeta has grow to be the 14th Indian startup to cross the valuation of $1 billion in 2021.
  • SoftBank’s Vision Fund II was the supply of the funding. The firm’s worth has elevated by greater than threefold on account of SoftBank’s funding.
  • The firm operates in North America, Latin America, United Kingdom, Europe and Asia.
  • At current Zeta works with 10 banks and 25 startups together with HDFC Bank, Axis Bank, Yes Bank, Sodexo RBL Bank, Kotak Mahindra Bank, IndusInd Bank, and SBM Bank India, throughout eight international locations.
  • With Zeta, monetary establishments can leverage a contemporary, cloud-native platform and enhance pace to market, agility, price to earnings ratio and consumer expertise.

Important takeaways for all aggressive exams:

  • Zeta Founded: April 2015;
  • Zeta Headquarters: Bangalore, India;
  • Zeta Founders: Bhavin Turakhia, Ramki Gaddipati.

Awards News

8. Dr Nageshwar Reddy turns into first Indian to win Rudolf V Schindler award

  • Padma Bhushan awardee and famous gastroenterologist Dr D Nageshwar Reddy, who can also be the chairman of AIG Hospitals, has received the Rudolf V Schindler Award from the American Society of Gastrointestinal Endoscopy (ASGE).
  • Rudolf V Schindler Award is the very best class within the prestigious Crystal Awards named after Dr Schindler who is taken into account as “the father of gastroscopy.”
  • With this, Dr Reddy turns into the first Indian medical practitioner to win this award. Dr Reddy is likely one of the first to advertise endoscopy in India and has led the cost of teaching quite a few endoscopists everywhere in the world.

9. IAS VK Pandian to obtain FIH President’s Award

  • V Karthikeyan Pandian, an IAS officer, and personal secretary to Odisha Chief Minister Naveen Patnaik was conferred with President’s award by International Hockey Federation via the forty seventh FIH Congress. He was awarded for his contribution in path of the occasion and promotion of hockey in Odisha.
  • On the closing day of the forty seventh FIH Congress held just about, the International Hockey Federation (FIH) introduced Pandian will obtain the award for his contribution and companies to Hockey in Odisha.
  • Pandian additionally works as Secretary of the State authorities’s 5T Initiative (Technology, Transparency, Teamwork and Time Leading to Transformation).

Important takeaways for all aggressive exams:

  • Chief Minister of Odisha: Naveen Patnaik and Governor is Ganeshi Lal.

Science and Technology News

10. IIT Ropar develops distinctive detector ‘FakeBuster’

  • Researchers on the Indian Institute of Technology (IIT) Ropar and Monash University, Australia have developed a detector named ‘FakeBuster’ to determine imposters attending a digital convention with out anyone’s data. It also can discover out faces manipulated on social media to defame or make a joke of somebody.
  • The ‘FakeBuster’ is a deep learning-based answer that helps detect if a video is manipulated or spoofed throughout a video-conference assembly.
  • It has been examined for its effectiveness on widespread net conferencing functions – Skype and Zoom and in addition detecting deepfakes the place faces are manipulated on social media to unfold misinformation or defame individuals.
  • ‘FakeBuster’ can operate on-line and offline. It makes use of a 3D convolutional neural community for predicting video segment-wise fakeness scores.
  • ‘Deepfake’ has been extensively educated on datasets similar to Deeperforensics, DFDC, VoxCeleb, and deepfake movies created utilizing regionally captured (for video conferencing situations) photos.

11. NASA Partners ISRO to develop Earth System Observatory

  • The US area company, National Aeronautics and Space Administration (NASA) is growing a brand new system known as the Earth System Observatory, to mitigate efforts associated to local weather change and catastrophe mitigation.
  • NASA has additionally partnered with the Indian Space Research Organization (ISRO) which is able to present NASA-ISRO Synthetic Aperture Radar (NISAR).
  • NISAR will carry two radar techniques to measure modifications within the Earth’s floor, throughout one of many observatory’s first missions supposed as a pathfinder.

Important takeaways for all aggressive exams:

  • 14th NASA administrator: Bill Nelson;
  • Headquarters of NASA: Washington D.C., United States;
  • NASA Founded: 1 October 1958.

Sports News

12. Phil Mickelson wins 2021 PGA Championship

  • American skilled golfer, Phil Mickelson has created historical past by successful the 2021 PGA Championship, on the age of fifty. With this victory, Mickelson turned the oldest participant to win a serious title within the historical past of the PGA Tour.
  • This is his sixth main title. Mickelson has now damaged the file of being the oldest main championship winner in historical past on the age of 50 years, 11 months, and seven days.
  • This file was beforehand held by American Julius Boros when he captured the 1968 PGA Championship at age 48, 4 months and 18 days.

Books and Authors News

13. Neena Gupta pronounces autobiography “Sach Kahun Toh”

  • Bollywood actor Neena Gupta is all set to launch her autobiography “Sach Kahun Toh”, writer Penguin Random House India. she wrote the e-book in 2020 throughout the lockdown.
  • The e-book addresses points like casting sofa, movie trade politics, and in addition talks about what it takes for a younger actor to outlive and not using a godfather or information.
  • From her time on the National School of Drama (NSD) to shifting to Bombay (Mumbai) within the 80s and her single parenthood, the e-book will share Gupta’s life story in essentially the most “unapologetically honest” method.
  • “She particulars the large milestones in her life, her unconventional being pregnant and single parenthood, and profitable second innings in Bollywood.

Obituaries News

14. 1971 battle hero Col Panjab Singh passes away

  • Colonel Panjab Singh, a hero of the Battle of Poonch throughout the 1971 Bangladesh Liberation War, was cremated with full navy honours beneath pandemic protocols after he handed away.
  • The retired officer, who was awarded the Vir Chakra, the third highest war-time gallantry award, died of post-Covid issues.
  • Panjab Singh was born on 15 February 1942, the colonel was commissioned into the sixth Battalion, The Sikh Regiment on16 December 1967. He went on to command the distinguished battalion from 12 October 1986 to 29 July 1990.

15. Freedom fighter HS Doreswamy passes away

  • Freedom fighter H S Doreswamy, who just lately recovered from Covid-19, handed away. He was born in Bengaluru on April 10, 1918, Harohalli Srinivasaiah Doreswamy, is understood for his participation within the Quit India motion and Vinoba Bhave’s Bhoodan motion.
  • He was additionally a well-recognized determine in civil society actions in Karnataka as he had campaigned to revive lakes in Bengaluru.

Miscellaneous News

16. Cheetah to be re-introduced in India from Africa in November

  • Cheetah, the world’s quickest land animal which was declared extinct in India in 1952, is predicted to be re-introduced into the nation in November this 12 months on the Kuno National Park in Madhya Pradesh.
  • Kuno, positioned inside the Chambal space, unfolds over an area of over 750 sq km and has a conducive ambiance for the cheetah.
  • The nation’s final noticed cheetah died in Chhattisgarh in 1947 and it was declared extinct within the nation in 1952. The Wildlife Institute of India (WII) some years once more prepared a cheetah re-introduction endeavor.
  • The Supreme Court docket had earlier given its approval to introduce African cheetahs to an appropriate habitat in India on an experimental basis.
  • Officers from India is perhaps despatched to South Africa for sensitisation and training in June and July these 12 months and in accordance with the plan, the transportation of the cheetahs will occur in October and November.

Important takeaways for all aggressive exams:

  • Chief Minister of Madhya Pradesh: Shivraj Singh Chouhan; Governor: Anandiben Patel.

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