May 2022 | Page 20 of 95

World bank sanctions USD 350 billion to Gujarat’ SRESTHA-G project

The World Bank has approved USD 350 million as financial aid for the Systems Reform Endeavors for Transformed Health Achievement in Gujarat -SRESTHA-G project. The project will include transforming key health delivery systems in the state. Focus area: Improve the quality, equity, and comprehensiveness of primary healthcare, services for adolescent girls and the capacity of disease surveillance systems. Gujarat Governor: Acharya Devvrat; CM: […]

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Sebi notifies rules to strengthen the regulatory framework for CIS

Securities and Exchange Board of India (SEBI) has enhanced the net worth criteria and track record requirements with an aim to strengthen the regulatory framework for collective investment schemes. The SEBI has mandated a minimum of 20 investors and a subscription amount of at least Rs 20 crore for each Collective Investment Scheme (CIS). SEBI has put a cap on cross-shareholding in

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Emirates Telecom buys 9.8% stake in Vodafone for $4.4 billion

Emirates Telecommunications Group Company PJSC “e&” (Etisalat Group) has acquired approximately 2,766 million shares in Vodafone Group Plc aggregating to $4.4 billion. The shares represent 9.8% of Vodafone’s issued share capital. The transaction is in process with e&’s ambition to be a global player in telecom and technology. Vodafone Headquarters: Berkshire, United Kingdom; Chairman: Jean-Françols van Boxmeer.

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World AIDS Vaccine Day Or HIV Vaccine Awareness Day 2022

World AIDS Vaccine Day is celebrated each year to raise awareness about the importance of HIV vaccinations in preventing HIV infection and AIDS. It is observed on May 18 each year and is also known as the HIV Vaccine Awareness Day. The observance of this day is led by the National Institutes of Health(NIH) –

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Naveen Srivastava appointed as new ambassador to Nepal

Naveen Srivastava, presently working as an additional secretary in the external affairs ministry has been appointed as the next ambassador to Nepal. He succeeded Vinay Kwatra, who has recently become the foreign secretary. He has played a key role in diplomatic and military talks with China to tackle the military standoff on the Line of Actual Control (LAC). During the recent visit

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PSBs frauds decline by 51% to Rs 40,295 crore

According to the Reserve Bank of India (RBI), the Public sector banks have reported over a 51% dip in the amount involved in frauds to Rs 40,295.25 crore during the financial year ended March 2022. The 12 PSBs had reported frauds worth Rs 81,921.54 crore in the preceding fiscal 2020-21. But, the number of fraud cases has fallen slightly as

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WCR develops battery-operated dual-mode locomotive ‘Navdoot’

West Central Railway has developed a battery-operated dual-mode locomotive named Navdoot. This engine runs on both modes i.e. battery and electricity. Currently, it is being used during shunting of trains at Jabalpur, Mudwara, and other stations on a trial basis. AIR correspondent reports that this e-engine can pull 18 coaches at a speed of 30

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Daily Quiz on Current Affairs by Gkseries – 18 May 2022

Daily Quiz on Current Affairs 18 May 2022 is very important for Competitive Exams like SSC, Railway, RRB, Banking, IBPS, PSC, UPSC, etc. Our Gkseries team have composed these Current Affairs Quizzes from Newspapers like The Hindu and other competitive magazines. Current Affairs for Competitive Exam – 18 May 2022

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