Today Current Affairs for Competitive Exams

Current Affairs 16th May 2022

Nidhi Chibber appointed CBSE chief, Vivek
Dr Swati Dhingra appointed as member of the
Kumar as REC CMD
Bank of England
● Senior IAS officer Nidhi Chibber has
● Leading UK-based academic Dr Swati
been appointed as the Chairperson of
Dhingra has been named as the first
the Central Board of Secondary
Indian-origin woman to be appointed as
Education (CBSE).
an external member of the Bank of
● Chibber, a 1994 batch Indian
England's interest rate-setting
Administrative Service officer of
committee.
Chhattisgarh cadre, is currently
● She will join the Monetary Policy
Additional Secretary, Ministry of Heavy
Committee (MPC) on August 9, 2022,
Industries.
for a three-year term.
● Vivek Kumar Dewangen, a 1993 batch
● Dhingra is an Associate Professor of
IAS officer of Manipur cadre, has been
Economics at the London School of
named CMD, REC Ltd., Ministry of
Economics (LSE).
Power.
MSDE partners with Indian School of Business
International Day of Light: 16 May
(ISB)
● The International Day of Light is
● The Ministry of Skill Development and
celebrated on 16 May every year.
Entrepreneurship (MSDE) has partnered
● It commemorates the first successful
with the Indian School of Business (ISB)
operation of the laser by scientist and
to conduct capacity-building
engineer Theodore Maiman in 1960.
programmes for MSDE officials.
● The day celebrates the role light plays in
● A total of 120 officers (30 per batch)
science, culture and art, education, and
across divisions under MSDE would be
sustainable development, and in fields
undergoing a comprehensive five-day-
as diverse as medicine,
long residential training across ISB
communications, and energy.
Hyderabad and Mohali campuses.
RBI imposes Rs 59 lakh penalty on KEB Hana
India, Nepal sign 6 MoUs during PM Narendra
Bank
Modi's Lumbini visit
● RBI has imposed a penalty of Rs 59
● PM Modi and his Nepalese counterpart
lakh on KEB Hana Bank.
Sher Bahadur Deuba on 16 May
● The Korean bank has been penalised
2022 held bilateral talks at Lumbini
for non-compliance with the directions
where-in they signed six MoUs.
issued by RBI on "Reserve Bank of
● This included an MoU between Indian
India (Interest Rate on Deposits)
Council of Cultural Relations and
Directions, 2016".
Lumbini Buddhist University on the
● The statutory inspection for supervisory
establishment of Dr. Ambedkar Chair for
evaluation of KEB Hana Bank was
Buddhist Studies.
conducted by RBI with reference to its
financial position as on March 31, 2020.
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 ● An MoU in collaboration between ● Capgemini has entered into a share
Kathmandu University, Nepal, and IIT purchase agreement to acquire
Madras was also signed. Chappuis Halder & Cie (Chappuis
Halder).
Tata Power bags 300MW solar project worth
● Chappuis is a global strategy and
₹1,731 crore
management consulting firm
● Tata Power Company's wholly-owned headquartered in Luxembourg.
subsidiary Tata Power Solar Systems ● Capgemini helps clients address their
has won an order to build a 300- business needs, from strategy and
megawatt solar project for state-owned design to operations, leveraging cloud,
utility major NHPC at an all-inclusive data, AI, connectivity, software, digital
price of ₹1,731 crores. engineering, and platforms.
● The project site, located in Rajasthan,
PM Narendra Modi to visit Lumbini, Nepal on 16
will be developed under the CPSU
May 2022
scheme of IREDA.
● Tata Power's total renewable capacity is ● PM Modi will be visiting Lumbini, Nepal
4,920 MW including 1,400 MW of on 16 May 2022 at the invitation of the
renewable projects. Rt Hon’ble Sher Bahadur Deuba, Prime
Minister of Nepal.
Sindhu Gangadharan appointed to Siemens
● He will offer prayers at the Mayadevi
India’s board
Temple on the auspicious occasion of
● Sindhu Gangadharan, Senior Vice Buddha Jayanti.
President and MD, SAP Labs India, and ● He will be participating in the
head of SAP User Enablement, has “Shilanyas” ceremony of the India
been appointed to Siemens India board International Centre for Buddhist Culture
as an independent director. and Heritage in the Lumbini Monastic
● She serves on the board of multiple Zone.
organisations like US-based Qualtrics,
Former Australian cricketer Andrew Symonds
Titan Company Ltd, and EverLoop by
passes away
SAP.
● In 2021, she was also re-elected to the ● Former Australia cricketer and two-time
Nasscom Executive Council for the World Cup winner Andrew Symonds
second consecutive term. passed away in May 2022.
● He featured in 198 ODIs scoring six
NSE Academy collaborates with HDFC Asset
centuries and 30 half-centuries while
Management Company
also contributing 133 wickets with his
● NSE Academy Ltd (NAL), a wholly- more than handy off-spin and medium
owned subsidiary of National Stock pace.
Exchange of India Ltd (NSE) has signed ● Symonds also played 14 T20I for
an agreement with HDFC Asset Australia, managing 337 runs and eight
Management Company Ltd (HDFC wickets.
AMC).
Buddha Purnima: 16 May 2022
● It will launch a first-of-its-kind
programme, ‘Invest-verse: An ● Also known as Buddha Jayanti or
Introduction to the World of Investing’. Vaisakhi Buddha Purnima or Vesak, the
● The programme will be offered to festival of Buddha Purnima marks the
college students across India. birth of Gautama Buddha.
● He attained enlightenment under the
Capgemini acquires Chappuis Halder to boost
shade of the Bodhi tree and became
financial services biz
Gautama Buddha at Bodh Gaya also on
the full moon day of May.
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 ● After 45 years of teaching the Truth, ● World championships bronze medallist
when he was eighty, at Kusinara, he Lakshya Sen defeated Indonesia's
passed away to Nibbana, the cessation Anthony Sinisuka Ginting 8-21, 21-17,
of all desire. 21-16 in the first men's singles to give
India a 1-0 lead.
Maharashtra, Uttar Pradesh top in GST
● India had previously reached the
registrations
semifinals of the Thomas Cup in 1952,
● Maharashtra and Uttar Pradesh have 1955, and 1979.
topped in Goods and Services
Adani group to buy Ambuja Cements, ACC for
Tax registrations by businesses and
$10.5 bn from Holcim
dealers followed by Gujarat and Tamil
Nadu. ● Gautam Adani has won the race to
● Maharashtra has 1.48 million normal acquire Swiss cement major Holcim's
GST payers who pay taxes on a stake in Ambuja Cements and its
monthly basis, while Uttar Pradesh has subsidiary ACC for $10.5 bn (around Rs
1.33 million such taxpayers. 81,361 cr), including the open offers.
● Gujarat has 1.09 million normal and ● Holcim owns 63.19% in Ambuja
composition taxpayers, while Tamil Cement and 4.48% in ACC.
Nadu has 1.06 million GST registrations. ● Ambuja Cement, in turn, owns
50.05% of ACC.
Egypt to buy 500,000 tonnes of wheat from India
● The Adani family will make an open
● Egypt's government has agreed to buy offer to buy 26% in these
half a million tonnes of wheat from India. two companies from non-promoter
● Egypt, one of the world's biggest wheat shareholders.
importers, is looking for alternatives to
Vietnam opens 2,000 feet glass-bottomed bridge
Black Sea grain exports which face
disruptions caused by Russia's invasion ● Suspended nearly 500 ft. off the ground,
of Ukraine, both major wheat exporters Vietnam has opened a glass-bottomed
to Egypt. bridge that is said to be the longest in
● Egypt has four months' worth of the world.
strategic reserves and six months of ● Stretching for about 2000 feet, the Bach
vegetable oils. Long bridge, meaning ‘the white
dragon’, connects two mountains and
India wins first Thomas Cup title, beats Indonesia
hangs over a valley in Vietnam’s
3-0
Northwest Son La Province.
● India won its maiden Thomas Cup title ● The white pedestrian bridge can support
on 15 May 2022, beating 14-time up to 450 people at a time.
champion Indonesia 3-0 in the final in
Bangkok.

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