Daily Current Affairs :2nd and 3rd May 2020 | Daily GK update Quiz

Exp. Union Culture Minister Shri Prahlad Singh Patel released an e-book “Prof B.B. Lal -India Rediscovered” on 2 May on the occasion of the centenary year of great archaeologist Professor B. B. Lal. The book is a tribute from the Ministry of Culture for his immense contribution to the field of archaeology. The book is a centenary special edition that has been prepared by the Ministry of culture in collaboration with Prof B B Lal Centenary Celebration Committee

Exp. The Kisan Sabha application was launched by the Council of Scientific and Industrial Research-Central Road Research Institute (CSIR-CRRI) on May 1, 2020. The application will connect farmers to freight transportation management and supply chain amid COVID-19 lockdown. The farmers are presently facing difficulty in transporting their harvest to the market or procuring seeds or fertilizers in the wake of the nationwide lockdown. Hence, proper supply chain management is required to facilitate the timely delivery of the produce at the best pricing.

Exp. The Minister of Consumer Affairs, Food and Public Distribution Ram Vilas Paswan approved the integration of 5 States and Union Territories (UTs) with the National Cluster under the “One Nation One Ration Card” plan. The 5 states/UTs include Uttar Pradesh, Bihar, Punjab, Himachal Pradesh, and Dadra & Nagar Haveli and Daman & Diu. Already 12 states are under the One Nation One Ration Card plan. The 12 are Andhra Pradesh, Goa, Gujarat, Haryana, Jharkhand, Kerala, Karnataka Madhya Pradesh, Maharashtra, Rajasthan, Telangana, and Tripura.

Exp. Communications and Electronics and IT Minister Ravi Shankar Prasad emphasized on the responsibility of G20 nations to focus on making inclusive and sustainable economies and societies that are more resilient in the face of the ongoing pandemic. The Minister was attending an extraordinary virtual G20 Digital Economy Ministers meeting to discuss the challenges posed by the pandemic and to forge a global coordinated response harnessing Digital Technologies.

Exp. NASA has developed a new Mars helicopter and Vaneeza Rupani, a high schooler from Northport, Alabama, was bestowed the honour to name it. In a historic event, the 17-year-old girl of Indian origin Vaneeza has officially named NASA’s first Mars helicopter ‘Ingenuity’ and everyone loves it. It will be the first aircraft to attempt powered flight on another planet.

Exp. The Reserve Bank of India (RBI) on 2nd May cancelled the license of Mumbai-based CKP Co-operative Bank Ltd. The bank has about 97 percent NPAs. The license of CKP Co-operative Bank Ltd has been cancelled with effect from the close of business on April 30, 2020, as the bank’s financial position had worsened. “The bank is not satisfying the requirement of minimum capital and reserves. The bank is not in a position to pay its present and future depositors, thereby not complying with Section 22(3) (a) read with Section 56 of the Act,” the RBI said.

Exp. One of the most popular spices known for its aroma, the Kashmiri Saffron has received geographical indication (GI) tag. The recognition was formally published in the latest GI Journal by the GI Registry. As per the documents, the Geographical Indication Registry has approved the GI tagging on the saffron with GI no 635.

Exp. The Competition Commission of India (CCI) has approved the proposed combination between BP Global Investments Ltd and Reliance BP Mobility Ltd (RBPML) under Section 31(1) of the Competition Act 2002. The proposed combination relates to transfer to RBPML of Reliance Industries Ltd (RIL) and its group entities’ entire undertaking pertaining to the business of owning, operating and conducting petroleum retail and related activities in India.

Exp. The Competition Commission of India (CCI) approves the proposed acquisition of 100% shares and control of Tech Data Corporation by Tiger Midco LLC. The proposed combination relates to the acquisition of Tech Data Corporation (Tech Data) by Tiger Midco LLC (Tiger Midco) by way of merger of Tech Data with a wholly owned subsidiary of Tiger Midco, viz., Merger Sub.

Exp. Shri Giridhar Aramane assumed charge as Secretary, Ministry of Road Transport and Highways. He held briefing meetings with senior officers to review the work of the Ministry and discussed pressing issues especially in the light of the impact of COVID-19 pandemic.

Exp. Yes Bank appointed Neeraj Dhawan as its Chief Risk Officer (CRO) with immediate effect. Neeraj was appointed for a period of three years. He assumed charge on 2 May. He replaced Ashish Agarwal, the current CRO, who will be transitioning to a new role in the bank. Neeraj Dhawan: Neeraj Dhawan held the position of chief risk officer for retail and business banking at Yes Bank. He has experience of over 29 years of financial services and banking industry.

Exp. International Astronomy Day is celebrated twice a year — one in autumn and another in spring. The Astronomy Day 2020 is celebrated on May 2. The world will celebrate the next Astronomy Day on September 26. On this day, museums, societies, astronomical institutions and planetariums organise seminars, workshops and other fun-filled activities to spread awareness about the world of astronomy. According to starwalk space, in 1973, Doug Berger, president of the Astronomical Association of Northern California, had organised the celebration of first Astronomy Day. The idea behind observing the day is to create awareness and educate people about the beautiful universe.

Exp. This year the World Laughter Day falls on May 03, 2020. Every year more than 70 countries around the world celebrate World Laughter Day on the first Sunday of May. The World Laughter Day was first celebrated on May 10, 1998, in Mumbai, India. The day was arranged by Dr Madan Kataria, founder of the worldwide Laughter Yoga movement.

Exp. World Laughter Day is an annual event celebrated on the first Sunday of May to raise awareness about laughter and its many healing benefits. This year the day falls on May 03, 2020. Every year more than 70 countries around the world celebrate World Laughter Day on the first Sunday of May. The World Laughter Day was first celebrated on May 10, 1998, in Mumbai, India. The day was arranged by Dr Madan Kataria, founder of the worldwide Laughter Yoga movement.

Exp. World Press Freedom Day is celebrated on 3 May every year. The day aims to celebrate the fundamental principles of press freedom and pay tribute to journalists who have laid down their lives in the exercise of their profession. The day also focuses to assess its state around the world, defend the media from attacks on their independence.

Exp. The theme of 2020: “Journalism Without Fear or Favour.”

Exp. “The World Bank’s Board of Executive Directors 30th April approved USD 400 million multi-year financing envelope to help India enhance its coastal resources, protect coastal populations from pollution, erosion, and sea-level rise, and improve livelihood opportunities for coastal communities,” said the World Bank. “The multi-year financial support responds to the growing need to safeguard India’s coastal and marine assets over the next decade. The program will help protect coastal resources by focusing on the rehabilitation of coastal beaches and mangroves.

Exp. The Centre is yet to announce new economic growth and budgetary estimates for 2020-21 in light of the Covid-19 pandemic and the resulting nationwide lockdown. However, the Finance Ministry is internally projecting FY21 GDP growth to be around 2-3 per cent, down from the 6-6.5 per cent given in the 2019-20 Economic Survey.

Exp. Sania Mirza became the first Indian to be nominated for the Fed Cup Heart Award from the Asia/Oceania Zone along with Priska Madelyn Nugroho of Indonesia, Estonia’s Anett Kontaveit and Luxembourg’s Eleonora Molinaro from Europe/Africa, Fernanda Contreras Gomes of Mexico and Paraguay’s Veronica Cepede Royg from Americas. The voting for the award opens from 1st May until 8th May.

Exp. A New book named” Shivaji in South Block: The Unwritten History of a Proud People” written by journalist Girish Kuber talks about the Maharashtra’s evolution from the past to the modern times and its contribution to the tapestry of the country’s culture, politics, history and society.