29 May 2022 : Latest Current Affairs 29th May
Important Current Affairs 29th May 2022
In this article, we will discuss all the Current Affairs of 29th May about national, international, banking, finance, sports, awards, and many others. So if you are interested to know about the latest 29th May 2022 current affairs then read this article till the end.
Top Current Affairs 6th April 2022
Current Affairs of 29th May – National
1. The first ‘Lavendar Festival’ in India was conducted in Bhaderwah, Jammu, and Kashmir.
◉ Dr. Jitendra Singh, Union Minister of Science and Technology, has launched the country’s first ‘Lavendar festival’ in Bhaderwah, Jammu, where lavender production has altered the hilly area’s economy.
◉ The cradle of India’s purple revolution is Bhaderwah in the Doda district. Under the ‘Aroma Mission or Purple Revolution,’ a Central government effort aimed at altering the lives of UT’s farmers, lavender has improved the fortunes of farmers in Jammu and Kashmir.
2. The 3rd Global Organic Expo will be held in New Delhi in 2022.
◉ By providing a global level conference, the 3rd Global Organic Expo 2022 is primed to be a key platform for Organic Producers, Aggregators, Processors, Value Chain Integrators, and Industry Partners, with the suitable topic “Profitability for Humanity.”
◉ The past events attracted over 200 organic product and service firms. It provides a fantastic opportunity to showcase organic research to the rest of the globe.
3. Jitendra Singh opened the first Industrial Biotech Park in North India in Kathua, J&K.
◉ At Ghatti, Kathua, Jammu, Union Minister Jitendra Singh launched North India’s first Industrial Biotech Park.
◉ Biotech Park will serve as a centre for the development of innovative ideas and as a solid platform for agri-entrepreneurs, startups, farmers, academics, and students.
4. In Gandhinagar, Gujarat, Prime Minister Modi opened the world’s first Nano Urea Liquid Plant.
◉ PM Narendra Modi has inaugurated the world’s first Nano Urea Liquid Plant in Kalol, Gandhinagar, Gujarat, built by Indian Farmers Fertilizer Cooperative Ltd (IFFCO).
◉ At a ceremony in Gandhinagar, the Prime Minister dedicated the ultramodern Nano Urea Liquid Fertilizer facility to the nation.
◉ To raise productivity and increase farmers’ income, the Nano Urea Liquid Plant was developed at a cost of roughly Rs 175 crore. It will generate approximately 5 lakh 500 ml bottles.
5. The WHO and the Rajasthan government collaborated to build health accounts.
◉ Rajasthan is the first state in India to establish health accounts with the assistance of the World Health Organization (WHO) in order to quantify the amount spent on health care and its impact.
◉ Because it would be simple to assess the amount spent on the health sector using the health accounts. With the help of the WHO, efforts are now being made in Rajasthan to establish health accounts with sufficient capacity.
All Important 5 April Current Affairs
International News
6. India and the UAE signed a Memorandum of Understanding to build a framework to facilitate and enhance bilateral climate cooperation.
◉ India and the United Arab Emirates have signed a Memorandum of Understanding (MoU) to build a framework to facilitate and enhance bilateral climate cooperation.
◉ Dr. Sultan Al Jaber, UAE Climate Envoy and Minister of Industry and Advanced Technology, and Environment, Forest and Climate Change Minister Bhupender Yadav signed the agreement in New Delhi.
7. India has joined the First Movers Coalition, which is led by the United States, to clean up carbon-intensive industries.
◉ India just joined the First Movers Coalition, a global public-private collaboration project. President of the United States Joe Biden and the World Economic Forum (WEF) launched the effort during COP26.
◉ A total of 50 new corporate members with a combined market capitalization of USD 8.5 trillion have joined the group.
Banking
8. According to the SBI Ecowrap research, India’s GDP growth will be 8.2-8.5 percent in FY22.
◉ India’s Gross Domestic Product (GDP) growth in FY22 is expected to be in the range of 8.2 to 8.5 percent, according to the State Bank of India’s research paper Ecowrap.
◉ Uncertainties abound in Q4FY22 GDP projections, as routine quarterly data revisions are difficult to comprehend, but SBI’s Economic Research Department anticipates a 3 to 3.5 percent increase.
9. The Reserve Bank of India has lowered the net worth threshold for non-bank financial institutions. Units of Bharat Bill Payment
◉ The Reserve Bank of India (RBI) has lowered the net-worth criteria for non-bank firms to set up Bharat Bill Payment operational units to Rs 25 crores.
◉ Obtaining permission for a non-bank BBPOU now requires a minimum net worth of Rs 100 crore.
Appointment
10. Acting Lokpal Chairperson has been assigned to Justice Pradip Kumar Mohanty.
◉ After Pinaki Chandra Ghose’s term as Lokpal Chief ended, President Ram Nath Kovind named Justice Pradip Kumar Mohanty as acting Chairperson of the Lokpal.
◉ Lokpal’s first Chairperson was Pinaki Chandra Ghose. His term runs from May 28th through the selection of a new Chairperson.
11. Lovlina Borgohain is the new chair of the IBA’s Athletes Committee.
◉ Lovlina Borgohain, a bronze medalist at the Tokyo Olympics, was chosen chair of the IBA’s Athletes’ Committee.
◉ The International Boxing Association (IBA) announced that Lovlina Borgohain, an Indian boxer and Tokyo Olympics bronze medalist, received the most votes during the election held at the 2022 Women’s World Championships and was thus elected as the chair and a voting member of the IBA’s Athletes’ Committee’s Board of Directors.
Awards
12. At the French Riviera Film Festival, Nawazuddin Siddiqui got the Excellence in Cinema award.
◉ Nawazuddin Siddiqui, a Bollywood actor, was honored with the Excellence in Cinema award at the French Riviera Film Festival for his contributions to cinema.
◉ Vincent De Paul, a two-time Emmy winner and American actor-producer, presented the honor to Nawazuddin.
Defence
13. The Indian Navy’s survey vessel, INS Nirdeshak, was launched by GRSE.
◉ Nirdeshak was launched at Kattupalli, Chennai, as the second of four Survey Vessels (Large) (SVL) projects being built by Garden Reach Shipbuilders and Engineers (GRSE) in conjunction with L&T Shipbuilding for the Indian Navy.
◉ The ship is named after the former Indian Naval Survey ship Nirdeshak, which was decommissioned in December 2014 after 32 years of distinguished service.
Sports
14. Ding Liren of China won the ‘The Chessable Masters’ 2022 Tournament; R Praggnanandhaa came in second.
◉ No. 2 in the world In the final of the Meltwater Champions Chess Tour Chessable Masters 2022 online event, China’s Grandmaster Ding Liren defeated India’s adolescent Grandmaster R Praggnanandhaa.
◉ In the semi-final, the Indian GM overcame the highly-rated Dutchman Anish Giri to become the first Indian player to reach the final of a Meltwater Champions Chess Tour event.
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