Daily Current Affairs May 16

Dear Champions, as you all know that a lot of competitive exams have been notified consequently. Candidates have to prepare themselves according to the level of competition and expectation of the Recruitment board. Regarding that one of the most important topic is Daily Current Affairs May 16. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.

Current affairs are the most dynamic yet scoring among all sections and need to be prepared from the right source. Here, we cafunsta team, providing  Daily GK Updates, Current Affairs Questions, and Monthly  current affairs pdf.

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May 16| Daily Current Affairs 2022

Important Days – Daily Current Affairs May 16

1. International Day of Living Together in Peace was declared in which year?
A) 2013
B) 2015
C) 2017
D) 2010
E) 2000
Answer: C) 2017

• The International Day of Living Together in Peace is celebrated every year on May 16.
• The day is meant to signify unity in differences and diversity.
• In 1997, the General-Assembly declared by its resolution 52/15 that the year 2000 to be observed as the International Year for Culture of Peace.
• The following year, it declared the period of 2001-2010 to be observed as “International Decade for a Culture of Peace and Non-Violence for Children of the World.”
• Finally in 2017, the UN General-Assembly, by its resolution 72/130, declared May 16 to be observed as International Day of Living Together in Peace
• There is no theme for this day any year.

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2. International Day of Light is observed on?
A) May 8
B) May 10
C) May 12
D) May 14
E) May 16
Answer: E) May 16

• International Day of Light 2022 will be celebrated on May 16.
• This annual commemoration is held on May 16, as it marks the anniversary of the first successful operation of the laser in 1960 by physicist and engineer Theodore Maiman.

Theme:

• “The International Year of Basic Sciences for Sustainable Development 2022”.

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3. Buddha Purnima this year observed on which month?
A) May
B) June
C) March
D) April
E) July
Answer: A) May

• Also known as Buddha Jayanti or Vaisakhi Buddha Purnima or Vesak, the festival of Buddha Purnima is based on the Asian lunisolar calendar and marks the birth of Gautama Buddha.
• It is celebrated with great fervour in India, Sri Lanka, Nepal, Bhutan, Tibet and numerous other South East Asian countries including Thailand, Tibet, China, Korea, Laos, Vietnam, Mongolia, Cambodia and Indonesia.
• It falls on a full moon day in the month of Vaisakh(April/May) according to the Hindu calendar and this year, Buddha Purnima will be celebrated on Monday, May 16.

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Sports – Daily Current Affairs May 16

4. Novak Djokovic won Italian open for record-extending ____ATP Masters 1000 title?
A) 36th
B) 38th
C) 30th
D) 35th
E) 37th
Answer: B) 38th

• Novak Djokovic overcame Stefanos Tsitsipas by 6-0, 7-6(5) to capture a record-extending 38th ATP Masters 1000 crown at the Italian Open 2022.
• The Serbian became the fifth man in the Open Era to earn 1,000 match wins when he defeated Casper Ruud in the semi-finals and he backed that up with a hard-fought display against Tsitsipas to win his first title of the season after one hour and 37 minutes.

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5. Boxing World C’ships: NikhatZareen secured India’s ___ medal in Istanbul?
A) 5th
B) 2nd
C) 4th
D) 1st
E) 5th
Answer: D) 1st

• Asian Championships bronze medallist the 25-year-old Telangana boxer Nikhat Zareen (52kg) secured India its first medal at the IBA Women’s World Boxing Championships in Istanbul by advancing to the semifinals with a superb win.
• Continuing her stellar run from the prestigious Strandja Memorial tournament where she won the gold earlier this year, Nikhat out-punched England’s Charley-Sian Davison 5-0.

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Business and Economy – Daily Current Affairs May 16

6. BEL to manufacture battery packs for Triton electric trucks,it belongs to which country?
A) France
B) Germany
C) USA
D) UK
E) Canada
Answer: C) USA

• The Pune unit of Navratna Defence PSU Bharat Electronics Limited (BEL) will manufacture Li-ion battery packs for the electric trucks of US-based Triton, as part of MoU signed between the two companies.
• The agreement was inked to explore the manufacturing of battery cells in India for energy storage systems and electric vehicles in the heavy vehicle segment for the requirements of customers in the USA, India, and other countries.
• Triton recently signed MoU with the Gujarat State government for setting up an EV truck manufacturing plant, with a commitment to invest around Rs 10,800 crore over a span of five years.
• BEL is among the five organizations which will be investing in this Triton EV manufacturing hub at Bhuj, Gujarat.

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7. PNB MetLife launched Dental Care Plan with OPD benefits,where is the headquarters?
A) Mumbai
B) Kolkata
C) New Delhi
D) Lucknow
E) Patna
Answer: A) Mumbai

• PNB MetLife India Insurance Co. Ltd. (PNB MetLife) has launched the PNB MetLife Dental Care Plan.
• This is the first insurance plan in India that covers fixed-benefit outpatient expenses and provides financial assistance with costs related to overall dental health.
• This launch reinforces PNB MetLife leadership in the industry with this one-of-a-kind, standalone, dental health insurance plan that covers major dental procedures without the hassles of hospitalization.
• PNB MetLife’s new Dental Care Plan will help customers manage their dental health and ensure they do not have to dive into their savings or reduce their essential spending in order to make space for dental treatment.
• To provide convenience to its customers, PNB MetLife has tied up with more than 340+ dental clinics, including Clove Dental and Sabka Dentist, two of India’s largest dental clinic chains with clinics across key cities in India, where policyholders can enjoy the full value of their benefits.

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Acquisitions and Mergers – Daily Current Affairs May 16

8. Adani offers will acquire how many percent of Ambuja Cements and ACC from open market?
A) 54%
B) 23%
C) 35%
D) 20%
E) 26%
Answer: E) 26%

• Aday after announcing USD 10.5 billion deal to acquire Holcim’s India business, the Adani family has made an open offer to acquire a 26 percent stake each in its two listed companies Ambuja Cements and ACC Ltd from the public shareholders.
• Asia’s richest man Gautam Adani’s group through its Mauritius-based subsidiary Endeavour Trade and Investment has made an open offer at Rs 385 per share for Ambuja Cements Ltd and Rs 2,300 per share for ACC Ltd.
• For Ambuja Cements, Adani group has made an open offer to its public shareholders to acquire up to 51.63 crore equity shares, representing 26 percent of the expanded share capital, aggregating to a total consideration of Rs 19,879.57 crore.
• While for ACC Ltd, Adani group has offered to acquire up to 4.89 crore shares held by public shareholders, representing 26 percent of the expanded share capital, aggregating to a total consideration of Rs 11,259.97 crore.

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Appointments – Daily Current Affairs May 16

9. Who among the following named as CMD of REC Ltd?
A) PremKumar Dewangen
B) KarthiDewangen
C) Dinesh Kumar Dewangen
D) Vivek Kumar Dewangen
E) Kumar Dewangen
Answer: D) Vivek Kumar Dewangen

• 1993 batch IAS officer, Vivek Kumar Dewangen vhas named as the Chairman & Managing Director of a public Infrastructure Finance Company in India’s power sector REC Ltd, Ministry of Power.
• Currently, He is an Additional Secretary in the Ministry of Power.
• Earlier he also served as the Joint Secretary in power ministry.
• REC Limited, formerly Rural Electrification Corporation Limited, is a public Infrastructure Finance Company in India’s power sector.
• The company provides loans to Central/State Sector Power Utilities in the country, State Electricity Boards, Rural Electric Cooperatives, NGOs and Private Power Developers.

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Awards – Daily Current Affairs May 16

10. PSG star KylianMbappe won French league’s best player award for ___ time?
A) 1st
B) 5th
C) 3rd
D) 2nd
E) 4th
Answer: C) 3rd

• Paris Saint-Germain striker KylianMbappe won the French league’s best player award for the third time in his career.
• Mbappe is the league’s top scorer with 25 goals for the French champion and has netted 36 in all competitions.
• The awards are given annually by the National Union of Professional Football Players (UNFP) to players in France’s top two divisions.
• The 23-year-old France star won the award last year when Mbappe netted a career-high 42 goals overall and in 2019.

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11. Dr Vijay Kumar from NIT Srinagar bags prestigious SERB fellowship,he belongs to which department?
A) Physics
B) Chemistry
C) Astrology
D) Mathematics
E) Space
Answer: A) Physics

• Dr. Vijay Kumar, Assistant Professor, Department of Physics, National Institution of Technology (NIT) Srinagar has bagged the prestigious Science and Engineering Research Board (SERB) International Research fellowship for the year 2022-23.
• The fellowship is supported by the SERB, Department of Science and Technology, Government of India.
• The fellowship has been approved for duration of 3 months along with Prof. Yogendra Kumar Mishra at Smart Materials Group, Mads Clausen Institute, University of Southern Denmark, Sønderborg, Denmark, to develop self-healing cartilages based on polysaccharide-based biomaterials and ZnOtetrapods.

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International Affairs – Daily Current Affairs May 16

12. PM Modi lays foundation stone for Buddhist Culture and Heritage centre inLumbini,it is located in which country?
A) Tibet
B) Myanmar
C) Sri Lanka
D) China
E) Nepal
Answer: E) Nepal

• Prime Minister Narendra Modi along with his Nepalese counterpart Sher Bahadur Deuba laid the foundation stone for a technologically-advanced India International Centre for Buddhist Culture and Heritage in Lumbini, Lord Buddha’s birthplace here.

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13. India, Nepal agree to build ____MW hydroelectric power plant?
A) 365
B) 500
C) 450
D) 695
E) 750
Answer: D) 695

• India and Nepal will build a 695 megawatt (MW) hydropower plant, as the Himalayan nation looks to exploit its abundant potential to generate clean energy to ease power shortages.
• The Arun IV project will be jointly built on the Arun River in Nepal’s east by India’s Satluj Jal Vidyut Nigam (SJVN) Ltd and Nepal’s state-owned Nepal Electricity Authority (NEA) owing 51% and 49% of equity respectively.
• Nepal will get 152 megawatts of free electricity from the plant for its consumption and the rest will be split between the two on the 51% and 49% basis.
• Indian companies are negotiating with the government for power plants that would produce a total of 8,250 MW and Nepal hopes to export excess energy to India.
• Nepal has the potential to produce 42,000 MW of hydropower but now generates about 1,200 MW less than demand of about 1,750 MW.
• The deficit is met by imports from India.

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National Affairs – Daily Current Affairs May 16

14. RamgarhVishdhari Sanctuary notified as ____ tiger reserve in Rajasthan?
A) 10th
B) 4th
C) 3rd
D) 6th
E) 1st
Answer: B) 4th

• The Ramgarh Vishdhari Sanctuary in Rajasthan was notified as India’s 52nd tiger reserve, Union Environment Minister Bhupender Yadav.
• This is Rajasthan’s fourth tiger reserve after Ranthambore, Sariska, and Mukunda.

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15. Tata Power bags NHPC’s solar project worth how many crores in Rajasthan?
A) Rs 1,317 crore
B) Rs 1,713 crore
C) Rs 1,301 crore
D) Rs 1,731 crore
E) Rs 1,371 crore
Answer: D) Rs 1,731 crore

• Tata Power Solar Systems, one of India’s largest integrated solar companies and a wholly-owned subsidiary of Tata Power, bagged an order of 300 MW solar project worth Rs 1,731 crore, inclusive of tax from NHPC.
• According to the statement, the project site, located in Rajasthan, will be developed under the CPSU (Central Public Sector Undertaking) scheme of IREDA (Indian Renewable Energy Development Agency).
• The project, which is expected to be completed within 18 months, aims to reduce around 636960 carbon emissions, and is expected to generate approximately 750 million units annually.
• Cells and modules made in India would be used in the project installation.

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16. Ministry of Skill Development partnered Indian School of Business to train how many officers?
A) 250
B) 200
C) 100
D) 150
E) 120
Answer: E) 120

• The Ministry of Skill Development and Entrepreneurship has partnered with the Indian School of Business (ISB) to conduct capacity-building programmes for its officials.
• A total of 120 officers, 30 per batch, across divisions under the ministry will undergo a comprehensive five-day long residential training in ISB Hyderabad and Mohali campuses.
• A first batch of 30 officers has completed training from ISB Mohali campus with a convocation ceremony held for the officers.
• The MSDE Management Development Programme is aimed at upskilling the MSDE officers facilitating capacity building training of a mixed batch of officials including officers from MSDE, Industrial Training Institutes (ITI) Principals, Sector Skill Councils, CEOs, State Skill Mission Directors, and Jan SikshanSansthans (JSS) & National Skill Development Corporation (NSDC).
• The MoU between MSDE and ISB was signed in the presence of Rajesh Aggarwal, Secretary, Ministry of Skill Development and Entrepreneurship.

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