Focus Merit

Category: All Current Affairs

MoU signed between NTPC and ONGC for renewable energy.

May 22, 2020
Oil and Natural Gas Corporation (ONGC)
National Thermal Power Corporation Lts. (NTPC)
  • National Thermal Power Corporation Ltd. (NTPC) and Oil and Natural Gas Corporation Ltd. (ONGC) has signed an MoU for setting-up renewable energy infrastructure within the country and overseas as well.

Jahnabi Phookan selected as National President of FLO

May 22, 2020
Jahnabi Phookan
  • FICCI Ladies Organization (FLO) has selected Assam-based entrepreneur Jahnabi Phookan as its National President.
  • As a National President, she will serve towards empowering women with entrepreneurship abilities and professional excellence.

Rs1500 crore letter of credit announced by RBI for EXIM Bank

May 22, 2020
Export-import Bank of India (EXIM Bank)
  • ईे15000 crore Letter of Credit (LoC) will be given by Reserve Bank of India (RBI) to the EXIM Bank for 90 days period from the date of availing with rollover maximum upto 1 year.
  • Along with this RBI has also increased the max. period of pre-shipment and post-shipments export credit sanctioned by Banks from 1 year to 15 months for disbursements made upto 31 July 2020.

Everybody will get employment scheme to be launched by Madhya Pradesh

May 22, 2020
shivraj singh chauhan
  • Madhya pradesh government will launch Everyone will get employment scheme for all the migrants labourers of the state that have migrated to other states in search of employment.
  • State government will distribute Mahatma Gandhi National Rural Employment Guareantee Act(MGNREGA) job cards under this scheme and will try to provide them employment within their village and  gram panchayat.

RBI updates policy rates.

May 22, 2020
Reserve Bank Of India (RBI)
  • Reserve Bank of India (RBI) has made change in the policy rates. It has reduced repo rate from 4.4% to 4% and the Reverse repo rate from 3.75% to 3.35%.
  •  Marginal Standing Facility (MSF) Rate has been lowered to 4.25% and Bank rate to 4.25%.

Anti Terrorism Day 2020 is celebrated on 21st May

May 21, 2020
Anti Terrorism Day
  • Anti Terrorism Day 2020 is celebrated on 21st May every year in India. The day marks the death anniversary of India’s seventh Prime Minister Rajiv Gandhi on 21 May 1991.

World Day for Cultural Diversity for Dialogue and Development is observed 21 May

May 21, 2020
World Day for Cultural Diversity for Dialogue and Development
  • World Day for Cultural Diversity for Dialogue and Development is celebrated on 21 May every year.
  • The purpose of the day is to increase the recognition of the values of cultural diversity and to improve the four goals of the UNESCO Convention on the Protection and Promotion of the Diversity of Cultural.

International Tea Day celebrated on 21st May

May 21, 2020
International Tea Day
  • International Tea Day is celebrated on May 21 on the recommendation of India. The objective of International Tea Day is to try to improve the condition of tea producers and tea workers.

NADA temporarily suspends powerlifters Savita Kumari & Ankit Shishodia

May 21, 2020
NADA
  • Two Indian Powerlifters namely Savita Kumari & Ankit Shishodia have been temporarily suspended by the National Anti Doping Agency (NADA) for violating the anti-doping rules.

DGDE & eGov Foundation pairs-up for Online Management of Cantonment Boards

May 21, 2020
eGov Foundation
  • The Directorate General Defence Estates (DGDE), Ministry of Defence and eGov Foundation has signed a Memorandum of Understanding (MoU) for Online Management of Cantonment Boards to drive e-governance and enhance citizen services across all cantonment boards in the country.