Daily Current Affairs are incorporated with the important news that made the current affairs headlines for banking or other competitive exams. Daily Current Affairs is the complete bag of the important news that held all day long. One should have complete knowledge about banking terms, current affairs news, etc. So, here is the Current affairs of 20th May 2021 to help you prepare the Current affairs part.
1- China successfully launches new ocean observation satellite Haiyang-2D– China has successfully sent a new ocean-monitoring satellite into orbit as part of its effort to build an all-weather and round-the-clock dynamic ocean environment monitoring system that would provide early warning on marine disasters.
The satellite was launched by a Long March-4B rocket carrying the Haiyang-2D (HY-2D) satellite from the Jiuquan Satellite Launch Centre in northwest China.
China National Space Administration Founded: 22 April 1993;
China National Space Administration Administrator: Zhang Kejian;
China National Space Administration Headquarters: Haidian District, Beijing, China.
2- West Bengal government approved setting up of Legislative Council- The West Bengal cabinet, chaired by Chief Minister Mamata Banerjee, has approved the formation of the Legislative Council.
At present, only Andhra Pradesh, Karnataka, Telangana, Maharashtra, Bihar, and Uttar Pradesh have Legislative Council. Previously, West Bengal had a bicameral legislature but it was abolished by the United Front government in 1969.
3-CCI approves sale of YES Bank’s MF subsidiaries to GPL Finance– Competition Commission of India (CCI) has approved the acquisition of YES Asset Management (India) Limited (YES AMC) and YES Trustee Limited (YES Trustee) by GPL.
GPL Finance and Investments Limited (GPL) will acquire 100% equity shares of YES AMC and YES Trustee.
GPL will acquire Yes Mutual Fund and become its sole sponsor. It is registered with the Reserve Bank of India as a non-deposit taking and non-systemically important Non-Banking Financial Company (NBFC). GPL is classified as an investment company
4- India’s Adani Green to buy SoftBank-backed SB Energy in $3.5 billion deal– Indian renewable energy company, Adani Green Energy Ltd (ADNA.NS) would buy SoftBank Group Corp-backed (9984.T) SB Energy Holdings Limited for an enterprise value of $3.5 billion.
It would buy the 80% stake held by SoftBank Group Capital Limited and the rest owned by Indian conglomerate Bharti Global Limited in a cash deal.
5- India climbs to 3rd spot on EY index– India has moved a notch higher at the third spot on EY’s Renewable Energy Country Attractiveness Index due to exceptional performance on the solar photovoltaic (PV) front.
India has moved one position above (3rd) from the previous index (4th), this is primarily because of the exceptional performance on the solar PV front.
The US retains the top position on RECAI 57, China has remained a buoyant market and maintains the second position.
6- DNA sequencing pioneers from Cambridge win 1 million euro tech Nobel prize– Two British chemists who developed a super-fast DNA sequencing technique that paved the way for revolutionary healthcare advances were awarded Finland’s version of the Nobel science prizes.
Cambridge University professors Shankar Balasubramanian and David Klenerman took home the 1 million euro ($1.22 million) Millennium Technology Prize for their work over 27 years creating ever faster and cheaper ways to sequence the human genome.
7-Google floats News Showcase in India with top publishers– Google has announced the launch of its global licensing programme News Showcase in India. Google has sealed agreements with 30 Indian publishers to offer access to some of their content.
Amid mounting pressure from the global media fraternity asking for a fair price and advertising share from technology platforms. In February, the Indian Newspaper Society (INS) had also asked search engine Google to compensate newspapers for the use of content published by them and sought a larger share of its advertising revenue.
8-Asia Cup 2021 postponed indefinitely due to COVID-19- The Asia Cup T20 tournament, which was scheduled to be held in June in Sri Lanka, has been postponed indefinitely due to the Covid-19 pandemic.
The tournament which was originally scheduled to be held in September 2020 in Sri Lanka was moved to June 2021 due to COVID-19.
9- World Bee Day observed globally on 20th May– World Bee Day is observed globally on 20th May every year. On this date, 20 May, the pioneer of beekeeping Anton Janša was born in 1734 in Slovenia.
The purpose of the bee day is to acknowledge the role of bees and other pollinators in the ecosystem. About 33% of the world’s food production depends on bees thus they are vital for the preservation of biodiversity, ecological balance in nature and helpful in reducing pollution.
The theme of World Bee Day 2021 is “Bee engaged: Build Back Better for Bees”..
10- World Metrology Day observed globally on 20th May– World Metrology Day is observed globally on 20th May every year. Many nations on this day, internationally collaborate to create awareness about metrology and its advancement in the respective field.
The theme for World Metrology Day 2021 is Measurement for Health. This theme was chosen to create awareness of the important role measurement plays in health, and thus in the wellbeing of every one of us.