Hello and welcome to exampundit. Here are the Important Current Affairs of 29th and 30th May, 2016. These are very important for the upcoming UIIC AO 2016, SBI PO & SBI Clerk Mains 2016.
Current Affairs at a Glance – 29th – 30th May, 2016
- Yes Bank has partnered with Click&Pay,
a Hyderabad-based mobile payment solutions enterprise, to facilitate cashless, secure and
flexible transactions for customers. - State Bank of India-country’s
largest lender-has established the largest network of Point of Sales (PoS) machines in the
country. With this it has left behind rivals like HDFC Bank, Axis Bank,
ICICI Bank and other private and foreign lenders behind. - The government has commissioned
1,780 km of rail lines and also completed over 6,000 km of highways in
2015-16 period, the Prime Minister’s Office said in a statement on Monday. - Second submarine assembly
workshop of the Mazagon
Dock Limited (MDL) was
inaugurated by Defence Minister Manohar Parrikar on 28 May 2016. - Nine-coach Spanish train Talgo’s trial
run was conducted on 29 May 2016 on the Bareilly-Moradabad
route of Uttar Pradesh. It was conducted as part of the Railways’ strategy
to increase the speed of trains. - Legendary Oscar winning Indian music
composer A.R. Rahman was on
Monday awarded Japan’s Fukuoka prize for
2016. The Fukuoka Prize is an award established by the city of Fukuoka and
the Yokatopia Foundation to honor the outstanding work of individuals or
organizations in preserving or creating Asian culture. There are three prize
categories: Grand Prize, Academic Prize, and Arts and Culture Prize. - An Indian-American scientist Aranb De has received the prestigious ‘Springer Theses Award’ for his outstanding research on developing
transgenic mice to study a critical tumor-suppressor. - Aditi Krishnakumar, an Indian
woman author in Singapore, in fourth week of May 2016 won the ‘Scholastic Asian Book Award’. - Senior IRS officer Pankaj Kumar Mishra
was appointed chief of Financial
Intelligence Unit (FIU), tasked with checking suspicious bank and cash
transactions, as part of a major mid-level bureaucratic reshuffle effected
today. - Sunrisers Hyderabad (SRH) on 29 May 2016 won the ninth
edition of the Indian Premier League (IPL). In the final clash played
at the Chinnaswamy stadium in Bangalore, Sunrisers Hyderabad defeated Royal
Challengers Bangalore (RCB) by eight runs. - The International Day of United Nations
Peacekeepers 2016 was observed on 29 May
2016 with the theme Honouring Our Heroes.
Banking/Economy –
Yes Bank partners with Click&Pay for cashless transactions
- Yes Bank has partnered with
Click&Pay, a Hyderabad-based mobile payment solutions enterprise, to
facilitate cashless, secure and flexible transactions for customers. - As a part of this alliance
Click&Pay will issue Yes Bank sponsored mobile wallets and employ the
bank’s immediate payment service (IMPS) platform which will help Click&Pay
to process instant proximity transactions with merchants and person to person. - Last month Yes Bank signed a
memorandum of understanding with Hyderabad start-up incubation center, T-Hub to
work with the latter’s portfolio companies, including Click&Pay. This
mobile payment solutions start-up will reach out to around 1 million users this
year by issuing the Yes Bank sponsored mobile wallet, according to a statement.
SBI tops the point-of-sales network list
- State Bank of India-country’s
largest lender-has established the largest network of Point of Sales (PoS)
machines in the country. With this it has left behind rivals like HDFC Bank,
Axis Bank, ICICI Bank and other private and foreign lenders behind. - As per the latest Reserve Bank of
India data, at the end of March 31st 2015 SBI has 2.96 lakh PoS terminals
across the country, more than HDFC Bank’s 2.81 lakh, Axis Bank’s 2.58 lakh
terminals and ICICI Bank’s over 2 lakh PoS machines. These four lenders
together dominate this space and contribute to more than three fourth of the
total 13.63 lakh PoS terminals deployed in the country. - Going ahead SBI plans to keep up
with the pace of expansion of its merchant acquiring business by deploying more
machines. - The lender is not only focusing
on urban areas but has also been deploying these PoS machines in semi-urban and
rural area as well. - This comes at a time when both
the finance ministry and the Reserve Bank of India have been asking banks to
expand the PoS network to ensure a wider card acceptance infrastructure. In
fact, the finance ministry has recently set up a committee which will focus on
reducing cash transactions and one of its key focus areas also includes
expanding the PoS network.
1,780 km rail lines commissioned; 6,000 km highways built in 2015-16
- The government has commissioned
1,780 km of rail lines and also completed over 6,000 km of highways in 2015-16
period, the Prime Minister’s Office said in a statement on Monday. - Prime Minister Narendra Modi was
reviewing the progress in the key infrastructure sectors of railways and
roadways on Monday. The PMO said that 1,730 km of rail links have also been
electrified in 2015-16. - In the course of the review of
the railway sector, it was noted that it had received a capital investment of
over Rs.93,000 crore in the last financial year.
India –
Manohar Parrikar inaugurates second submarine assembly workshop in
Mazgaon
Mazgaon
- Second submarine assembly
workshop of the Mazagon Dock Limited (MDL) was inaugurated by Defence Minister
Manohar Parrikar on 28 May 2016. - After inaugurating the workshop,
Parrikar said that the level of indigenisation in submarine construction should
be much higher than the present. - At present, MDL is building six
Scorpene class of submarines for the Indian Navy, with around 35% of indigenisation. - INS Kalvari, the first submarine
of this class, is expected to join the Indian Navy by end of 2016.
Trial run of High-Speed Spanish Talgo Train conducted in India
- Nine-coach Spanish train Talgo’s
trial run was conducted on 29 May 2016 on the Bareilly-Moradabad route of Uttar
Pradesh. It was conducted as part of the Railways’ strategy to increase the
speed of trains. - The trail run was conducted by a
joint team of the Railway Design Standards Organisation (RDSO) and Spanish
train manufacturer Talgo. - The nine-coach Talgo train hauled
by a 4500 HP diesel engine was tested on the 90-km line as part of the first
trial run. The 90-km distance was covered in 1 hour 10 minutes.
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Awards & Honors –
A R Rahman conferred with Japan’s Fukuoka prize 2016
- Legendary Oscar winning Indian
music composer A.R. Rahman was on Monday awarded Japan’s Fukuoka prize for
2016. - It is reported that Rahman has
been conferred with the award for his outstanding contribution towards
creating, preserving and showcasing South Asian traditional fusion music. - The Fukuoka Prize is an award
established by the city of Fukuoka and the Yokatopia Foundation to honor the
outstanding work of individuals or organizations in preserving or creating
Asian culture. There are three prize categories: Grand Prize, Academic Prize,
and Arts and Culture Prize. - Last year, noted Indian Historian
Ramchandra Guha was conferred with Fukuoka Prize in academic category. - Rahman was the 1995 recipient of
the Mauritius National Award and the Malaysian Award for his contributions to
music. A four-time National Film Award winner and recipient of six Tamil Nadu
State Film Awards, he has fifteen Filmfare Awards in his kity. - In 2009, for his Slumdog
Millionaire score, Rahman won the Broadcast Film Critics Association Award, the
Golden Globe Award for Best Original Score, the BAFTA Award for Best Film Music
and two Academy Awards (Best Original Score and Best Original Song, the latter
shared with Gulzar) at the 81st Academy Awards.
Indian-American scientist Arnab De wins Springer Theses Award
- An Indian-American scientist has
received the prestigious ‘Springer Theses Award’ for his outstanding research
on developing transgenic mice to study a critical tumor-suppressor. - Arnab De , who has also developed
peptide-based prodrugs as therapeutics for diabetes, was nominated by New
York’s Columbia University for his PhD thesis which he dedicated to legendary
Indian cricketer Sachin Tendulkar and his alma mater Kolkata’s Presidency
University . - De, who has also received the
‘Young Investigator Award’ at the American Peptide Symposium , was awarded for
developing transgenic mice to study a critical tumor-suppressor A20. - The Springer Theses Award is
awarded by Springer, a leading global publisher of renowned scientific journals
and books, to recognise outstanding PhD research.
Indian author Aditi Krishnakumar wins 2016 Scholastic Asian Book Award
Aditi Krishnakumar |
- Aditi Krishnakumar, an Indian
woman author in Singapore, in fourth week of May 2016 won the ‘Scholastic Asian
Book Award’. She was awarded for her 32000-word manuscript “Codex: The
Lost Treasure of the Indus”. - She won the 10000 Singapore
dollar award for her manuscript that carried contemporary feel and roots deep
into history of India. The manuscript will be published by Scholastic Asia.
President Pranab Mukherjee presented Malti Gyan Peeth Puraskar 2016
- The President of India Pranab
Mukherjee on 29 May 2016 presented the Malti Gyan Peeth Puraskar for the year
2016 at a function held at Rashtrapati Bhavan. - The award was conferred upon 15
teachers from Punjab for their rare contribution in the field of education. - The awardees were facilitated
with 1 lakh rupees cash, certificate of excellence, a Robe of Honour and a
medal. - The initiative was mainly taken
to promote the quality teaching in the schools besides encouraging the hundred
percent attendance of girl students in the government schools.
Appointment –
Pankaj Kumar Mishra appointed Financial Intelligence Unit chief
- Senior IRS officer Pankaj Kumar
Mishra was appointed chief of Financial Intelligence Unit (FIU), tasked with
checking suspicious bank and cash transactions, as part of a major mid-level
bureaucratic reshuffle effected today. - A total of 15 new Joint
Secretaries, including Mishra, have been appointed to various central
government ministries. Of them, six are IAS officers and rest from other
central services. - The Appointments Committee of
Cabinet has approved appointment of Mishra as Director, FIU for five years, an
order issued by Department of Personnel and Training said. - FIU, which functions under
Department of Revenue, is mandated to collect, analyse and disseminate
information related to financial transactions suspected to be black money or
proceeds of crime. - He has been appointed in place of
P K Tiwari, who had completed his tenure in mid-April. Enforcement Director
Karnal Singh has been looking after the charge of FIU chief. - Senior IAS officer Rajeev Ranjan
has been appointed as Joint Secretary in Department of Expenditure in place of
G C Murmu, who had been earlier made Additional Secretary in Department of
Financial Services.
Sports –
SRH defeated RCB to win Indian Premier League 2016 title
- Sunrisers Hyderabad (SRH) on 29
May 2016 won the ninth edition of the Indian Premier League (IPL). In the final
clash played at the Chinnaswamy stadium in Bangalore, Sunrisers Hyderabad
defeated Royal Challengers Bangalore (RCB) by eight runs. - This was maiden Indian Premier
League title for Sunrisers Hyderabad, while third final lost for Bangalore in
the IPL. Earlier, it lost in finals of 2009 and 2011 editions. - Chasing the target of 209 runs,
Bangalore got off to a flying start as Chris Gayle (76) and Skipper Virat Kohli
(54) laid a perfect platform and forged 114-run partnership. But after the fall
of the openers, no other batsman could contribute much as a result they only
managed to score 200 runs for seven in 20 overs.
- Player of the match – Ben Cutting
(Sunrisers Hyderabad) - Player of the series – Virat
Kohli (Royal Challengers Bangalore)
Discus thrower Seema Punia qualifies for Rio 2016 Olympics
- Asian Games discus throw gold
medal winner Seema Punia on 29 May 2016 qualified for the Rio Olympics with a
62.62m effort at the Pat Young’s Throwers Classic 2016 at Salinas in the United
States. - Punia crossed the Rio Games
qualification standard of 61.00m at the Hartnell College Throwers Complex. - The 32-year old discus thrower
from Haryana defeated 2008 Olympic discus throw champion Stephanie
Brown-Trafton of United States of America for the gold. - This will be Punia’s third
Olympic Games appearance. She took part in the games in 2004 and 2012.
Days –
International Day of United Nations Peacekeepers 2016 observed with
theme Honouring Our Heroes
theme Honouring Our Heroes
- The International Day of United
Nations Peacekeepers 2016 was observed on 29 May 2016 with the theme Honouring
Our Heroes. - The day offers a chance to pay
tribute to the Blue Helmets’ invaluable contribution to the work of the
Organization and to honour more than 3400 peacekeepers who have lost their
lives serving under the UN flag since 1948, including 128 in 2015. - On the other hand, the UN Postal
Administration (UNPA) also issued a set of six new stamps for the occasion.
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This post was last modified on July 29, 2019 7:54 am