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Daily GK Update Current Affairs viable of 15th May 2021

Daily current affairs are viable of 31 March 2023

Daily GK Update Current Affairs News viable of 15th May 2021.Here is the Regular current affairs viable of 15th May 2021. covering the following news headlines: Go First, PM Kisan Samman Nidhi, Prime Minister of Nepal, COP26 People’s Advocate, Mission Hausla.

Daily Current Affairs update are incorporated with the important news that made the current affairs headlines for competitive exams. Daily Current Affairs Update is the complete box 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 GK update of 15th May 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt current affairs quiz.

Here current affairs have been categorized which is as follows

  • International News
  • National News
  • State News
  • Banking News
  • Appointments News
  • Important Days
  • Obituaries News
  • Miscellaneous News

International News

  1. KP Sharma Oli Re-appointed as Prime Minister of Nepal
  • In Nepal, KP Sharma Oli was re-appointed as the Prime Minister of the country by President Vidya Devi Bhandari.
  • Oli was administered the oath of office by the President on May 14, 2021. Now, he must prove that he has majority support in the House within 30 days.
  • This will be his third term as Prime Minister. He was appointed as PM from 12 October 2015 to 4 August 2016 and then from 15 February 2018 to 13 May 2021.
  • The decision to re-appoint Oli was taken after none of the opposition party could secure majority seats in the House to form a new government or apply for it in the provided time frame (by 9 pm on 13 May 2021).
  • It must be noted that, on 10 May 2021, Oli failed to obtain a vote of confidence in the House of Representatives, gaining only 93 of the total 232 votes cast, which was 43 votes short of reaching the 136-vote majority required to win the confidence vote.
  1. China becomes the world’s first country to ban synthetic cannabinoids
  • China will become the first country in the world to ban all synthetic cannabinoid substances. This ban is expected to be implemented from July 1.
  • The move comes as China tries to curb the manufacturing & trafficking of the drug.
  • Synthetic cannabinoids are highly camouflaged, as some are found in e-cigarette oil, and some in individual tobacco petals, or chopped tobacco made from plant trunks and leaves. In Xinjiang, it is commonly nicknamed “Natasha”.

Important takeaways for all competitive exams:

  • China President: Xi Jinping.
  • China Currency: Renminbi.
  • China Capital: Beijing.

National News

  1. PM Kisan Samman Nidhi: Eighth Instalment released
  • Prime Minister Narendra Modi has recently released the eighth installment of Prime Minister Kisan Samman Nidhi.
  • The Indian government transfers Rs.6,000 to the account of small and marginal farmers. These funds are transferred in three installments.
  • The first instalment of Rs.2,000 is made between April and June.
  • The second Instalment is made between August and November.
  • The third instalment is made between December and March.

State News

  1. Punjab CM Amarinder Singh Declares Malerkotla as 23rd District
  • Punjab Chief Minister Amarinder Singh declared Malerkotla as the 23rd district of the state on 14 May 2021 on the occasion of Eid-ul-Fitr.
  • Malerkotla is a Muslim-dominated area and has been carved out of the Sangrur district of the state.
  • The government had promised that Malerkotla will be declared a district soon in 2017.

Important takeaways for all competitive exams:

  • Punjab Governor: V.P.Singh Badnore.
  • Punjab CM: Captain Amarinder Singh.

Banking News

  1.  RBI cancels licence of United Co-operative Bank
  • The Reserve Bank of India (RBI) has revoked the license of United Co-operative Bank Limited based in Bagnan, West Bengal on insufficient capital, regulatory non-compliance.
  • Through an order on May 10, 2021, the central bank has barred the cooperative lender from conducting banking business on May 13, 2021, closing the business.
  • RBI said it cancelled the licence as United Co-operative Bank did not have adequate capital and earning prospects.
  • “As such, it does not comply with the provisions of section 11(1) and section 22(3)(d) read with section 56 of the Banking Regulation Act, 1949.

Important takeaways for all competitive exams:

  • RBI 25th Governor: Shaktikant Das; Headquarters: Mumbai; Founded: 1 April 1935, Kolkata.

Appointments News

  1. Ramesh Powar appointed Head Coach of Indian Women’s Cricket team
  • The Board of Control for Cricket in India (BCCI) has announced the appointment of Ramesh Powar as the head coach of Team India (Senior Women).
  • The three-member Cricket Advisory Committee comprising Sulakshana Naik, Madan Lal and Rudra Pratap Singh interviewed the applicants and unanimously agreed to Powar’s candidature.
  • A former international, Powar played 2 Tests and 31 ODIs for India.

Important takeaways for all competitive exams:

  • Headquarters of BCCI: Mumbai, Maharashtra; Founded: December 1928.
  • Secretary of BCCI: Jay Shah.
  • President of BCCI: Sourav Ganguly.

Important Days

  1. International Day of Families: 15 May
  • International Family Day is celebrated every year on 15 May to reflect the importance that the international community gives to families.
  • The day provides an opportunity to promote awareness of all issues related to families and to increase the knowledge of social, economic and demographic processes affecting families.
  • The theme of 2021 is “Families and New Technologies”.
  • In 1993, the UN General Assembly decided in a resolution that 15 May of every year should be observed as The International Day of Families.

Obituaries News

  1. Former CBI officer K Ragothaman passes away
  • Former CBI officer K Ragothaman has died. He was the Chief Investigating Officer of the Special Investigation Team (SIT) of the Rajiv Gandhi assassination. He was awarded the Police Medal in 1988 and the President’s Medal in 1994.
  • Ragothaman has authored many books including Conspiracy to Kill Rajiv Gandhi, Third Degree Crime Investigation Management and Crime and the Criminal. He joined the CBI in 1968 as a sub-inspector of police.
  1. Times Group Chairperson Indu Jain Passes Away
  • Leading philanthropist and Times Group chairperson, Indu Jain has passed away due to complications related to Covid-19.
  • A prominent Indian media personality, Indu Jain was the chairman of India’s largest media conglomerate, Bennett, Coleman & Company Limited, also known as the Times Group, which owns the Times of India and all other major newspapers.
  • Being a spiritualist, Jain had a deep knowledge of ancient scriptures and was the follower of Sri Sri Ravi Shankar and Sadhguru Jaggi Vasudev. Besides this, Jain was also passionate about women’s rights and was the founder president of Ficci Ladies Organisation (FLO).

Miscellaneous News

  1. Airline Company GoAir Rebrands itself as ‘Go First’
  • Owned by the Wadia Group, GoAir has rebranded itself as ‘Go First’ with the new motto “You Come First”.
  • The decision to rebrand after 15 years is part of the company’s attempt to operate the carrier in an ULCC (ultra-low-cost carrier) airline model, to tide over the impact of the COVID-19 pandemic.
  • Go First will operate narrow-body aircraft across its fleet, comprising Airbus A320 and A320 Neos (new engine option) planes under ULCC plans.
  • This will not only ensure safety, comfort and time savings for the passengers but will also help them to experience the benefits of the next generation fleet on ultra-low-cost fares, so that their travel plans never get disturbed.

Important takeaways for all competitive exams:

  • GoAir Headquarters: Mumbai.
  • GoAir Founder: Jehangir Wadia.
  • GoAir Founded: 2005.

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