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Current Affairs 24-May-2019

International Affairs
May 24,2019

On 24th May 2019, people in Commonwealth countries in Africa, Asia, the Caribbean and Americas, the Pacific and Europe observe Commonwealth Day. The 53 members of the Commonwealth span the entire globe. It is observed in countries that were once part of the British Empire. The Theme of this year's Commonwealth Day is "A Connected Commonwealth". Points to Remember Canada, New Zealand, South Africa, and Australia are the oldest-standing members of the Commonwealth; they all joined in 1931. Canada is the largest member at nearly 10 million sq.km. India is the most populous member with over one billion inhabitants while Nauru is the smallest member, with a mere 13,000 people.

May 24,2019

The World Health Organization (WHO) declared Algeria and Argentina as malaria-free, with no recorded cases of indigenous transmission of the disease since 2013 and 2010 respectively. Contracted through the bite of an infected mosquito, malaria remains one of the world’s leading killers. Algeria is the second country in the WHO African Region to be officially recognized as malaria-free, after Mauritius, which was certified in 1973. Argentina is the second country in the WHO Region of the Americas to be certified after Paraguay in June 2018. Points to Remember Algeria Capital: Algiers Argentina Capital: Buenos Aires


National Current Affairs
May 24,2019

India has stopped importing oil from Iran after American waivers granted to eight buyers expired early this month. India depends heavily on West Asia for its energy needs and is against any further escalation of tension in the region. India has joined Greece, Italy, Taiwan and Turkey to become the latest country to comply with the US sanctions on Tehran over its nuclear programme. The US reimposed sanctions on Iran in November after pulling out of a 2015 nuclear accord between Tehran and six world powers. To reduce Iran's crude oil export to zero, the US on the 2nd of this month ended the waivers that had allowed the top buyers of Iranian oil, including India, to continue their imports for six months.

May 24,2019

In Andhra Pradesh, YSR Congress Chief Jagan Mohan Reddy will be sworn in as chief minister of Andhra Pradesh on 30 May at Vijayawada. Mr Jagan Mohan Reddy has announced this following his party achieving inching towards a landslide victory in the legislative elections for Andhra Pradesh Legislative assembly held on April 11th. Points to remember Governor: E. S. L. Narasimhan Andhra Pradesh Legislative Assembly seats: 175

May 24,2019

The 5th Smart Cities India 2019 expo, including Transport India, Solar India, Buildings India and Water India expos, was inaugurated by Durga Shanker Mishra, Secretary, Ministry of Housing and Urban Affairs, Government of India, at the Pragati Maidan, New Delhi. It was organised by India Trade Promotion Organization (ITPO) and Exhibitions India Group. The event builds upon Government of India's 'Smart Cities Mission' through a display of a vast array of products and solutions relevant to building smart cities in India.


Business,Economy & Banking Current Affairs
May 24,2019

Multilateral funding agency Asian Development Bank (ADB) has signed an agreement to provide $750 million long-term financing to electrify railway tracks in India. It is the largest single non-sovereign loan ever committed by ADB to Indian Railway Finance Corporation (IRFC) to fund the railways track electrification project. As part of a broad modernisation programme that will help India's railway sector transition to electric power and away from dependence on fossil fuels Points to remember ADB Headquarters: Mandaluyong, Philippines President: Takehiko Nakao Membership: 68 countries

May 24,2019

The HDFC group has overtaken the 151-year-old Tata group to emerge as India's most valuable by way of market capitalization (m-cap). According to a report the combined market value of the five listed companies of the HDFC group - HDFC, HDFC Bank, HDFC Life, HDFC Asset Management and Gruh Finance - stood at Rs 11.66 lakh crore as on May 20, 2019. The combined m-cap of 29 Tata group companies stood at Rs 11.64 lakh crore, about Rs 2,000 crore less than that of the HDFC group.


Sports Current Affairs
May 24,2019

Sethu FC beat Manipur Police by SC 3-1 to win the Indian Women's League trophy. Sethu FC from Madurai emerged champions of the third edition of the Indian Women's League at the Guru Nanak Stadium in Ludhiana. Trailing 0-1 in the first half, Sethu FC made a stunning comeback back to defeat Manipur Police SC 3-1 in the final.

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