Current Affairs May 2022

World’s oldest chess grandmaster Yuri Averbakh passes away

World’s oldest chess grandmaster Yuri Averbakh passes away

GM Yuri Averbakh, the world’s oldest grandmaster, a trainer, international arbiter, chess composer, endgame theoretician, writer, historian, honorary member of FIDE, and the last living participant of the famous Zurich 1953 Candidates Tournament, has passed away, three months after turning 100. He won the Moscow Championship in 1949 and earned the Grandmaster title in 1952. In 1954, he […]

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Rodrigo Chaves elected as president of Costa Rica

Rodrigo Chaves elected as president of Costa Rica

Rodrigo Chaves (Economist and former finance minister) from Social Democratic Progressive Party was sworn in as Costa Rica’s president for a four-years. He will focus on reinvigorating one of Latin America’s most stable economies, as foreign debt rises to 70% of GDP, the poverty rate of 23%, unemployment of 14% and public sector corruption. He was a senior official at the World Bank, where

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President Kovind presents Gallantry Awards to Armed Forces personnel

President Kovind presents Gallantry Awards to Armed Forces personnel

President Ram Nath Kovind has conferred Gallantry Awards at Defence Investiture Ceremony- 2022 at Rashtrapati Bhavan in New Delhi. He presented Shaurya Chakras (13) including six posthumous, to the personnel of the Armed Forces for displaying courage, gallantry, and devotion to duty. He also conferred Param Vishisht Seva Medals (14 ), Uttam Yudh Seva Medals(4), and Ati Vishisht Seva Medals (24) for distinguished

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Rajesh Unni takes over as Vice Chair at Maritime Anti-Corruption Network

Rajesh Unni takes over as Vice Chair at Maritime Anti-Corruption Network

Captain Rajesh Unni (Founder and CEO of Synergy Group) has been appointed as a Vice-Chair of the Maritime Anti-Corruption Network (MACN). Captain Rajesh Unni, one of the world’s leading ship managers and one of India’s largest maritime enterprises, believes shipping is becoming a more transparent industry, but more can and should be done to tackle corruption. In

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India elected as Chair of the Association of Asian Election Authorities

India elected as Chair of the Association of Asian Election Authorities

India has been unanimously elected as the new Chair of the Association of Asian Election Authorities (AAEA) for 2022-2024 at its general assembly and executive board meeting held in Manila, Philippines on May 7, the Election Commission of India (ECI) said in a press statement issued on Wednesday. Commission on Elections, Manila was the current

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HDFC Bank Launches ‘Xpress Car Loan’ Industry First Digital New Car Loan

HDFC Bank Launches ‘Xpress Car Loan’ Industry First Digital New Car Loan

Private sector lender HDFC Bank has launched a 30-minute ‘Xpress Car Loans’ for its existing customers as well as new customers. Buyers can apply for up to Rs 20 lakh and the loan amount will be credited to the dealers’ accounts within 30-minute. The bank has integrated its lending application with automobile dealers throughout India. It is

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GoI releases Rs 7,183.42 crore to 14 states as revenue deficit grant

GoI releases Rs 7,183.42 crore to 14 states as revenue deficit grant

The central government on Friday released Rs 7,183.42 crore as revenue deficit grant to 14 states including Andhra Pradesh, West Bengal, Rajasthan, Punjab, Assam and Kerala. The Department of Expenditure, Ministry of Finance released the money. This is the 2nd monthly instalment of Post Devolution Revenue Deficit (PDRD) grant to states. The grant has been released as per

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A book Titled “The Struggle for Police Reforms in India” by Ex-IPS Prakash Singh

A book Titled “The Struggle for Police Reforms in India” by Ex-IPS Prakash Singh

Vice President M Venkaiah Naidu has stressed on the need to upgrade the skills of policemen to effectively tackle cybercrimes, economic offences and online frauds. Addressing a gathering after releasing the book titled – The Struggle for Police Reforms in India” written by former IPS officer, Prakash Singh in New Delhi, Mr Naidu urged policemen

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