Current Affairs Recap of the Day: 12 May 2016

•    The only Indian to figure in the Forbes Money Masters: Most Powerful People in the Financial World list is – Uday Kotak, CEO Kotak Mahindra Bank

•    He was unanimously elected as the Chairman of the International Cricket Council (ICC) by the Board on 12 May 2016-
Shashank Manohar


•    The two Harbour Defence Systems to enhance the Navy's surveillance capability and response to security threats were commissioned at Vizag on 11 May 2016- IUHDSS & MWDC

•    The law that got President of India’s assent on transfer of captive mines without auction on 8 May 2016- Mines and Minerals (Development and Regulation) Amendment Act, 2016

•    She is the captain of Indian women hockey team and was recommended by Hockey India for Arjuna Award - Ritu Rani

•     He was the member of Indian hockey team that won the gold at 1980 Moscow Olympic Games and was recommended for Major Dhyanchand Lifetime Achievement Award by Hockey India - Sylvanus Dung Dung

•    The Parliamentary Committee that recommended an authority on Ganga Rejuvenation with Prime Minister as its head on 11 May 2016- Estimates Committee of Parliament

•    The community in the western part of India which has the roots of Jewish as per the study from Tel Aviv University that was published on 10 May 2016- Bene Israel

•    A group of scientists unearthed a fragment of the world’s oldest known ground edge axe in - Australia

•    The Insolvency and Bankruptcy Code Bill 2016 incorporates recommendation of the Joint Parliamentary Committee headed by - Bhupender Yadav

•    The book titled Chaos and Caliphate: Jihadis and the West in the Struggle for the Middle East is authored by - Patrick Cockburn

•    The International Cricket Council lifted the provisional suspension on this Sri Lankan circketer- Kusal Perera

•    The famous West Indian commentator who died on 11 May 2016 in Barbados is - Tony Cozier

•    He will head the Group of Ministers (GoM) set up to recommend if the Pune-based drug maker, Hindustan Antibiotics Ltd., can be shut down - Arun Jaitley

•    The Uttar Pradesh government on 11 May 2016 gave its nod to develop nearly 200-km long bicycle highway from - Taj Mahal of Agra to the lion safari in Etawah

•    England’s women cricket team captain, who on 11 May 2016 announced her retirement from international cricket - Charlotte Edwards

•    Number of drug formulations on which the ceiling price was fixed by National Pharmaceutical Pricing Authority on 11 May 2016 - 54

•    Golden State Warriors guard who on 10 May 2016 was named the NBA’s Most Valuable Player for the second straight year - Stephen Curry

•    The government of Nagaland and National Stock Exchange on 11 May 2016 launched a program to inculcate financial understanding among - Students of the State

•    A special court in Pakistan on 11 May 2016 declared former president, an absconder in an ongoing treason case - Pervez Musharraf

•    Gujarat Chief Minister Anandiben Patel on 11 May 2016 inaugurated the Center of Perishable Cargo complex at - Ahmedabad Airport

•    Report of the financial institution says that bribery and corruption cost the world economy as much as 2 trillion dollars every year - International Monetary Fund