Top Current Affairs of the day: 22 May 2020

Arjun Manjunadha

Last Updated: May 22, 2020 14:03 IST


Top Current Affairs of the day: 22 May 2020
Top Current Affairs of the Day:
Top Current Affairs of the day: 22 May 2020. Instantly obtain Latest Current Affairs with all essential info, Be the first to know all the Today Current affairs 22 May 2020 top news, Major Issues, Current News, Important events in National Current News as well as International level with clear explanation. For all competitive exams and Interviews, equip yourself with the Latest Current Affairs 22 May 2020 granted here.

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Top Current Affairs of the day: 21 May 2020


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  • RBI cuts repo rate to a record low by 40 bps

    126 days ago
    The Reserve Bank of India (RBI) cuts repo rate by 40 basis points (bps) to 4% from 4.4% on 22 May. The Central Bank also adjusted the reverse repo rate to 3.35% from 3.75%. The announcement was made by RBI Governor Shaktikanta Das. Highlights: ♦ The repo reduction marked the lowest repo rate or the key interest rate at which the RBI lends short-term funds to commercial banks. This is the reduction that has been recorded since 2000.
    ♦ The reduction in the key interest rate... Read More


    Madhya Pradesh to launch Everybody will get employment scheme

    126 days ago
    Madhya Pradesh State Government is to launch Everybody will get employment scheme. The scheme will be inaugurated by Madhya Pradesh CM Shivraj Singh Chouhan through video conferencing. Under this scheme, Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) job cards will be distributed to the labourers. Everybody will get employment scheme: ♦ The scheme aims to provide employment to migrant labourers and those labourers who have gone out of the state in search of... Read More
    Category: Schemes


    RBI announced Rs.15,000 crore LoC to EXIM Bank to raise its resources

    126 days ago
    The Reserve Bank of India (RBI) announced Rs.15,000 crore line of credit (LoC) to the Export-Import Bank of India (EXIM) on 22 May. The move by RBI is to help the sagging foreign trade. EXIM Bank depends on foreign currency borrowings for its operations. The Bank has failed to raise the resources due to the COVID-19 pandemic. Highlights: ♦ The EXIM Bank will be given LoC of Rs.15,000 crore for a period of 90 days from the date of availing with rollover up to a maximum period of one... Read More
    Category: Banking & Finance

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    NTPC Ltd signs MoU with ONGC for Renewable Energy business

    126 days ago
    NTPC Ltd., the PSU under Ministry of Power, signed a Memorandum of Understanding (MoU) with Oil and Natural Gas Corporation Limited (ONGC), the PSU under Ministry of Petroleum & Natural Gas on 22 May. The MoU aimed to set up a Joint Venture (JV) Company for the Renewable Energy business.
    MoU Provisions: ♦ The MoU will enable NTPC and ONGC to accelerate their footprint in Renewable Energy. ♦ As per the MoU, NTPC and ONGC will explore the setting up of offshore wind and... Read More
    Category: Agreements MoU


    International Day for Biological Diversityis observed on 22 May

    126 days ago
    International Day for Biological Diversity (IDB) is observed on 22 May. The day to increase understanding and awareness of biodiversity issues. It calls people to re-examine human relationship to the natural world. Theme: The theme for 2020 International Day for Biological Diversity is "Our solutions are in nature". The theme emphasizes hope, solidarity, and the importance of working together at all levels to build a future of life in harmony with nature. The theme aims to... Read More


    International Tea Day is observed on 21 May

    126 days ago
    International Tea Day is observed on 21 May every year. The day provides an opportunity to celebrate the cultural heritage, health benefits, and economic importance of tea. The day is celebrated by the United Nations Food and Agriculture Organisation (FAO). Tea: The origins of tea go back to more than 5,000 years. Tea contributes to health, culture, and socioeconomic development. Currently, Tea is grown in more than 35 countries. It supports over 13 million people, including smallholder... Read More
    Category: Important Days


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

    126 days ago
    World Day for Cultural Diversity for Dialogue and Development is observed on 21 May. The day celebrates the richness of the world's cultures and the essential role of intercultural dialogue for achieving peace and sustainable development. The day aims to promote culture and highlight the significance of its diversity as an agent of inclusion and positive change.
    Aim: The day aims to provide an opportunity to celebrate culture's manifold forms, creative industries, diversity of... Read More
    Category: Important Days


    IIT-Guwahati scientists discover new ways to prevent memory loss due to Alzheimer

    126 days ago
    Researchers at the Indian Institute of Technology (IIT) Guwahati have discovered a new method to help prevent or reduce short-term memory losses associated with Alzheimer's disease. In this method, the researchers used 'Trojan peptides' to arrest the aggregation of the neurotoxic molecules. Highlights: ♦ The idea of using 'Trojan peptide' was initiated from the mythological "Trojan Horse" used as subterfuge by the Greeks in the battle of Troy. ♦... Read More


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