Friday, 6 May 2016

Current Affairs 5th May

1. Vice Admiral Sunil Lanba to be next Navy chief
i. Vice-Admiral Sunil Lanba will be the next chief of the Indian Navy. He will take over on 31st of this month following the retirement of Navy Chief Admiral R K Dhowan.

2. President of India present Niryat Shree and Niryat Bandhu awards

3. 49th Annual Meeting of the Asian Development Bank started at Frankfurt (Germany)
i. The 49th Annual General Meeting of ADB is being held from May 2-5 at Frankfurt, Germany. The Indian Finance Minister Mr. Arun Jaitley has also reach there to attend the ADB's board of governors meet.3. 49th Annual Meeting of the Asian Development Bank started at Frankfurt (Germany)

4. Projects worth Rs. 2,446 crore approved under Namami Gange programme
i. The Empowered Steering Committee (ESC) of the National Ganga River Basin Authority (NGRBA) has approved projects for Development of Ghats.

5. Reliance Power to setup plant in Bangladesh
i. Reliance power is all set to setup a power plant in Bangladesh as it got the approval for the first phase of Reliance Power’s project. As per the approval, the company will set a 3,000 MW gas based power plant.

6. Kotak Mahindra Bank opens IFSC banking unit at GIFT City
i. Kotak Mahindra Bank Ltd has became the fourth bank to open its IFSC Banking Unit (IBU) at International Financial Services Centre (IFSC) in Gujarat International Finance Tec-City (GIFT) City. IFSC is the India's first and only financial centre.

7. IREDA may be converted into a Green Bank
i. IREDA, the state run Indian Renewable Energy Development Agency can be converted into a Green Bank to enable its access funding from overseas banks. But this will be done without any  alteration in its basic structure.

8. Wilful defaulters owe Rs 66,000 cr to govt banks

9. Corp Bank gets MSME award
i. Corporation Bank has been awarded ‘excellence award on empowering MSMEs’ by the Federation of Industry, Trade and Services (FITS).

10. ECB decided to end production and issuance of 500 euro banknote
i. The European Central Bank (ECB) has announced that it will permanently stop producing the 500 euro banknote by the end of 2018.

11. Researchers create World's Smallest Thermometer from DNA

13. Mexican diplomat Patricia Espinosa selected as the next Executive Secretary of UNFCCC
i. Mexican diplomat Patricia Espinosa selected as the next executive secretary of UNFCCCUN Secretary General Ban Ki-moon has selected Mexico's ambassador to Germany, Patricia Espinosa, as the executive secretary of the UNFCCC (United Nations Framework Convention on Climate Change).

14. Swiss honour for Yash Chopra
i. Late director Yash Chopra, who captured the verdant Swiss valley in his films, has been honoured with a special statue by the Switzerland government. The statue was inaugurated on Wednesday

15. Seven Indian shuttlers qualify for Rio Olympics
i. Seven Indian shuttlers have booked their berth for the upcoming Rio Olympics, scheduled in August.
ii. The list includes two female singles players in Saina Nehwal and PV Sindhu, a male singles' player in Kidambi Srikanth, women's doubles pairing of Jwala Gutta and Ashwini Ponnappa while Manu Attri and Sumeeth Reddy make up the male doubles team.

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