Page-7 of Current Affairs - May, 2022

Anthony Albanese: Australia’s New Prime Minister

On 23rd May 2022, Anthony Albanese was sworn in as Australia’s 31st Prime Minister. He is the first Italian Australian to become prime minister. He took the oath with a promise of swift action on climate change, gender equality, and ..

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India Bangladesh Coordinated Patrol (CORPAT) Exercise

The fourth edition of the two-day India-Bangladesh Coordinated Patrol (CORPAT) exercises began on 22ndst May in the Bay of Bengal. The last time both countries conducted CORPAT exercises were in October 2020. The exercise aims to strengthen mutual understanding and ..

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QUAD Leaders Summit 2022

The 2022 Quad summit started in Tokyo, Japan on 24th May 2022. The leaders of the Quad countries (Australia, India, Japan, and the United States) will participate. What are the highlights of the Summit? Indian Prime Minister Narendra Modi, US ..

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RBI: Panel on Customer Service Standards in Banks, NBFCs

On the 23rd of May 2022, the Reserve Bank of India (RBI) announced that a committee has been set up to evaluate the adequacy, effectiveness, and quality of customer service in NBFCs, banks, and other entities that are regulated by ..

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World Economic Forum 2022- Key Facts

The annual meeting of the World Economic Forum (WEF) in Davos, Switzerland is scheduled from May 22nd to 26th 2022. The meeting was originally scheduled for January 17-21st but was postponed due to the outbreak of the Omicron variant. What ..

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Vinai Kumar Saxena: New L-G of Delhi

On 23rd May 2022, President Ram Nath Kovind appointed Vinai Kumar Saxena as Delhi’s new Lieutenant Governor. Before being appointed as the LG of Delhi, he served as the chairperson of the Khadi and Village Industries Commission. What is the ..

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International Labour Organisation (ILO) Monitor- 9th Edition

The ninth edition of the International Labour Organisation (ILO) Monitor report has highlighted that the “world of work” is being burdened due to multiple crises. The report has stated that after gaining significantly gains during the 2021s last quarter, the ..

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India’s FDI Inflow in Fiscal year 2021-22

The Ministry of Commerce and Industry said that India’s Foreign Direct Investment [FDI] inflow in the Financial Year 2021-22 reached an all-time high of USD 83.57 billion, despite the Russia-Ukraine war and Covid-19 pandemic. This shows that India’s image is ..

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UNICEF Report ‘Child Alert: Severe Wasting’

According to a new report that was released by UNICEF, an increasing number of children across the world are most likely to die from “severe wasting” due to skyrocketing price of life-saving treatments and food. The effects of the COVID-19 ..

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Oxfam Report: Profiting from Pain

According to a report titled ‘Profiting from Pain’ by Oxfam International, during the Covid-19 pandemic a new billionaire emerged every 30 hours, while a million people might slip into extreme poverty every 33 hours during this same time period. The ..

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