Current Affairs Update – 13th May, 2016

Hello and welcome to exampundit. Here are the Important Current Affairs for 13th May, 2016. These are important for the upcoming SBI PO Mains 2016, UIIC AO 2016 and SBI Clerk Mains 2016.

• FIFA will have its first female
  secretary after Senegalese United Nations official Fatma Samoura was appointed
  by the governing body’s council.
• FIFA president Gianni Infantino
  says ‘she will bring a fresh wind to FIFA — someone from outside’.
• Samoura will replace the fired
  Jerome Valcke if she passes an eligibility check.
• Also on Friday, FIFA lifted
  Indonesia’s suspension from world soccer. Indonesian national and club teams,
  referees, and officials were banned over government interference in the running
  of the national federation.

• Securities and Exchange Board of
  India (Sebi) has approved appointment of Ashok Chawla, former head of the
  Competition Commission of India (CCI), as new chairman of the National Stock
  Exchange (NSE), a spokesman at the exchange said on Friday.
• He is replacing S B Mathur who
  stepped down upon completing his tenure. Chawla’s appointment is effective from
  May 3 and is valid till March 27, 2019.
• The board of directors of NSE has
  elected Chawla as the chairman. Prior to joining NSE, Chawla has been a civil
  servant with over 40 years of experience in various sectors of the economy in
  India as well as in international agencies.

• Rahul Dravid and Mahela
  Jayawardene were voted in to the ICC Cricket Committee on Friday, with the two
  legends adding a little more stardust to an already power-packed group of the
  International Cricket Council.
• A day after Shashank Manohar was
  confirmed as the new chairman of the ICC, Dravid and Jayawardene were locked in
  for a three-year term in the Cricket Committee, a group which is represents the
  current players, umpires and media.
• The current captains voted in
  Dravid as a representative of the players, along with Australian Tim May.
  Dravid and May replace Sri Lankan legend Kumar Sangakkara, who completed his
  last three-year term, and former India spinner Laxman Sivaramakrishnan.

• US President Barack Obama on 12
  May 2016 appointed an Indian-American engineer, Manjit Singh, as the member of
  President’s Advisory Council on Faith-Based and Neighborhood Partnerships.
• The announcement came along with
  several other appointments made by the US President.
• Singh is the President of
  Agilious, a software technology consulting firm he founded in 2013.
• He is the co-founder of the Sikh
  American Legal Defense and Education Fund, a national Sikh American media,
  policy and education organization.

• Maharashtra government on 12 May
  2016 declared drought in over 29000 villages of the state, most of them in
  parched Marathwada and Vidarbha regions.
• The government through a
  corrigendum issued from Mumbai clarified that wherever reference is made to a
  ‘drought-like situation’ in the state manual, it would be read as drought. 
• The
  reference is made in accordance with an assurance it gave to the Bombay High
  Court recently.
• The state is strictly implementing
  various schemes and taking measures to mitigate the water scarcity in
  drought-hit areas, and more particularly in Marathwada and Vidarbha regions.

• The Union Cabinet chaired by
  Prime Minister Narendra Modi on 12 May 2016 gave its approval to Securities and
  Exchange Board of India (SEBI) to sign a Memorandum of Understanding (MoU) with
  Financial Services Regulatory Authority (FSRA), Abu Dhabi.

• The MoU is for mutual
  co-operation and technical assistance between the two financial regulators.
• It will promote further
  development of economic links and cooperation between the two signatories
• It will help to create conditions
  for development of securities markets in the two countries.
• It would also contribute towards
  strengthening the information sharing framework between the two regulators.

• The Kenyan Government on 11 May
  2016 announced that it will close Dadaab refugee camp. The camp, which is home
  to 330000 Somali refugees, is often referred to as the world’s largest camp.
• The government cited reasons of
  pressing national security for the decision. The government also stated that
  the camp has become safe haven for terrorist organizations like al-Shabaab, a
  Somali-based Islamist group.

• Several Singaporean and Hong Kong
  English terms, including wah, shiok and yum cha, are now officially recognised
  as acceptable English.
• The Oxford English Dictionary
  (OED) added 19 Singaporean terms and 13 Hong Kong terms in its March quarterly
  update.
• The dictionary included
  formations of English that are mostly used in Singapore or Hong Kong. The OED
  records the meaning and development of the English language.

1. Yum cha –  Type of Chinese brunch
2. Compensated dating – The practice
   of teenage students providing companionship or sex in exchange for money or
   gifts
3. Dai pai dong – It means an
   open-air food stall
4. Kai fong – Neighbourhood
   association, traditional mutual aid organisations
5. Guanxi – The system of social
   networks and influential relationships which facilitate business and other
   dealings
6. Lucky money – Red envelopes
   containing money typically handed out by elders and adults at Lunar New Year
7. Sandwich class – An informal term
   used to refer to the middle class
8. Milk tea – A drink made from
   black tea and milk, usually evaporated or condensed
9. Shroff – A cashier, especially at
   a car park
10. Sitting – out area – Small
    recreational spaces provided in urban areas
11. Siu mei – Generic name given to
    roasted meats
12. Yum cha – A type of Chinese-style
    brunch tea
13. Wet market – A market selling
    fresh meat and produce

1. HDB – it is used for a public
   housing estate
2. Chilli crab – It is a dish
   consisting of crab cooked in a sweet and spicy gravy containing red chillies
   and tomato
3. Killer – This is used for objects
   thrown or falling from high-rise buildings, endangering people
4. Lepak (a Singaporean and
   Malaysian term) – It means to loiter aimlessly or idly; to loaf, relax, hang
   out

• President Pranab Mukherjee on 12
  May 2016 conferred the Florence Nightingale Awards to 35 nurses from across the
  country on the occasion of International Nurses Day at the Rashrapati Bhavan in
  New Delhi.
• These awards are given by Union
  Ministry of Health and Family Welfare, as a mark of recognition for the
  meritorious services rendered by the nurses and nursing professionals in India.
• The day is celebrated worldwide
  on May 12 every year to commemorate the birth day of Florence Nightingale and
  to mark the nurses’ contributions towards public health.

• The Drowned Detective authored by
  Neil Jordan depicts genre-defying story about a private investigator who
  arrived in a small Eastern European city because he was told about the
  opportunities opening up in former Soviet countries.
• The story moves as the detective
  sets up, along with a colleague from that country, an agency to trace missing
  people and criminals.

• The book’s first few pages are
  about a wayward minister who cheats on his wife.
• The minister is tracked by the
  detective whose name is Jonathan.
• One day, an elderly couple
  approached Jonathan to investigate the disappearance of their daughter.

Regards

Team ExamPundit