Daily Current Affairs May 25

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 25. 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 25| Daily Current Affairs 2022

Important Days – Daily Current Affairs May 25

1. International Day to End Obstetric Fistula is observed on?
A) May 23
B) May 25
C) May 20
D) May 24
E) May 22
Answer: A) May 23

• United Nations (UN) International Day to End Obstetric Fistula is marked on 23rd May since 2013 to promote action towards treating and preventing obstetric fistula, a condition that affects many girls and women during childbirth in developing countries.
• In 2003 the United Nations Population Fund (UNFPA) and its partners launched the global Campaign to End Fistula, a collaborative initiative to prevent fistula and restore the health of those affected by the condition.
• The day was officially recognised in 2012.

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2. International Week of Solidarity with the Peoples of Non-Self-Governing Territories is observed on?
A) May 08 to 14
B) May 21 to 28
C) May 25 to 31
D) May 01 to 07
E) May 19 to 25
Answer: C) May 25 to 31

• United Nations is observing “International Week of Solidarity with the Peoples of Non-Self-Governing Territories” from May 25 to 31.
• On December 06, 1999, the UN General Assembly called for the annual observance of the Week of Solidarity with the Peoples of Non-Self-Governing Territories.
• The week was first observed in 2000.

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3. World Thyroid Awareness Day is observed on?
A) May 23
B) May 25
C) May 20
D) May 24
E) May 22
Answer: B) May 25

• World Thyroid Day is observed on May 25 to promote awareness and understanding of thyroid diseases, their symptoms, prevention, and treatments.
• The day came into existence in 2008 on a proposal by the European Thyroid Association (ETA).
• The date of May 25 also marks the anniversary of ETA’s foundation in 1965.

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Ranking – Daily Current Affairs May 25

4. India beats China to become the world’s ____strongest air force in the Global Air Powers Ranking for 2022?
A) 2nd
B) 5th
C) 3rd
D) 4th
E) 1st
Answer: C) 3rd

• According to the Global Air Powers Ranking of 2022 by the World Directory of Modern Military Aircraft (WDMMA), the Indian Air Force has emerged as the third strongest Air Force in the world after America and Russia.
• The Indian Air Force has not only overtaken the Chinese Air Force but also the Japan Air Self-Defense Force, the Israeli Air Force, and the French Air and Space Force in terms of strength, as per the report.
• Presently, the WDMMA tracks 98 countries, covering 124 air services and following a total of 47,840 aircraft.

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Banking and Finance – Daily Current Affairs May 25

5. Credit card spending online nearly how many crore higher than swipes in March: RBI data?
A) 30,000
B) 50,000
C) 40,000
D) 60,000
E) 80,000
Answer: A) 30,000

• Credit card spending online was nearly Rs 30,000 crore more than the spending done through swipes at points of sale in March, indicating an increased preference among people for e-commerce purchases.
• Latest data from the Reserve Bank of India (RBI) showed that 7.3 crore credit card holders spent about Rs 68,327 crore for buying online while the amount spent through swipes at Point of Sale (PoS) machines stood at Rs 38,377 crore in March.
• For the first time, the RBI has provided separate data on spending through online versus PoS payments.
• In terms of the number of transactions, credit card transactions were marginally lower online at 11 crore as against 11.1 crore offline or at PoS machines.
• The trend also indicates that cardholders are making higher value transactions online on an average than through offline means.
• Overall, spending through credit cards was over Rs 1 lakh crore in March.
• In value terms, the cardholders spent Rs 107100 crore through online and PoS spending.
• As far as cash withdrawal through credit cards is concerned, it stood at Rs 343.71 crore during the month, as per the data.
• Further, more than 19 lakh credit cards were added in March, the highest for a month in FY’22, taking the total number to 7.36 crore at the end of the financial year.
• HDFC Bank had the highest number of credit cards at 1.67 crore in March even though the lender had faced a ban on issuance of new credit cards.
• In terms of credit cards, HDFC Bank was followed by State Bank of India (1.37 crore) and ICICI Bank (1.29 crore) at the end of March 2022.
• RBI had imposed a ban on HDFC Bank in December 2020 asking the lender to stop all launches of its upcoming digital business-generating activities and sourcing of new credit card customers after repeated outages at its data centre which impacted operations.
• The ban was partially lifted in August last year and fully in March this year.

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6. Which of the following Bank to begin co-lending in agriculture loan?
A) Axis Bank
B) SBI
C) Indian Bank
D) UCO Bank
E) Bank of Baroda
Answer: D) UCO Bank

• UCO Bank signed a co-lending agreement with NBFC Paisalo Digital Limited for agriculture business to capitalize on the huge Rs 8 lakh crore market of small-ticket loans for the 365 million underbanked and under-serviced population.
• Co-lending is an emerging area in priority sector financing and due focus is given by the Government of India to help agriculture and other small borrowers who are the backbone of the Indian economy.
• Co-lending arrangement is one of the new avenues of lending.
• The tie-up will give a boost to the agriculture advance of the bank and it is a win-win situation for the bank as well as the NBFC with benefits reaching to those at the bottom of the society.

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7. Which of the following Small Finance Bank introduced new services for the affluent segment?
A) Equitas Small Finance Bank
B) Jana Small Finance Bank
C) ESAF Small Finance Bank
D) Capital Small Finance Bank
E) AU Small Finance Bank
Answer: E) AU Small Finance Bank

• AU Small Finance Bank has launched two new products under its affluent banking programme, AU Royale – ‘AU Royale Salary’ and ‘AU Royale Business’ current account.
• It had launched the Royale programme designed to cater to the everyday banking requirements of the affluent segment.
• While the bank has been already offering customized premium products for HNIs and NRIs, now it has launched niche products, ‘AU Royale Salary’ and ‘AU Royale Business’, specially curated for the salaried and business class respectively.
• The AU Royale Salary Savings account offers family banking for up to five family members and cashback of up to 1% on signature debit card spends, as per the bank.
• The bank also added that there will be benefits like complimentary movie tickets on BookMyShow, low currency mark-up on international transactions and 75% discount on lockers and a dedicated relationship manager for banking support.
• The AU Royale Business Current Account offers family banking, which allows the grouping of business and family accounts.
• The account is said to offer a card called – Rich Royale Business Signature Debit Card.
• Other offers include merchant solutions (QR, PoS, Payment gateway); preferential pricing on banking products; choice of account number and domestic airport lounge access.

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Books and Authors – Daily Current Affairs May 25

8. THE VORTEX book was published by whom?
A) Random House India
B) S.Chand Publishing
C) Westland Publication
D) Macmillan India Ltd
E) HarperCollins
Answer: E) HarperCollins

• Book – THE VORTEX: The True Story of History’s Deadliest Storm and the Liberation of Bangladesh by History’s Deadliest Storm.
• Author – Scott Carney and Jason Miklian
• Publisher – HarperCollins

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Appointments – Daily Current Affairs May 25

9. Tedros re-elected to lead the World Health Organization,he was first elected in which year?
A) 2013
B) 2015
C) 2016
D) 2017
E) 2019
Answer: D) 2017

• The Member States of the World Health Organization (WHO), re-elected TedrosAdhanom Ghebreyesus to serve a second five-year term as Director-General of the world’s leading public health agency.
• First elected in 2017, his re-election by secret ballot, was confirmed during the 75th World Health Assembly in Geneva.

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International Affairs – Daily Current Affairs May 25

10. MeenakshiLekhi participated in ___ BRICS Culture Ministers’ Meeting?
A) 7th
B) 4th
C) 3rd
D) 8th
E) 10th
Answer: A) 7th

• Smt. MeenakshiLekhi, Minister of State for Culture and External Affairs participated in the 7th BRICS Culture Ministers’ Meeting on 24 May 2022 hosted by the People’s Republic of China through video conference with participation from all BRICS Member Nations.
• Discussion was held on advancement and expansion of cultural activities amongst BRICS countries under the theme “Establishing a Cultural Partnership Featuring Inclusiveness and Mutual Learning among BRICS”.
• The areas of focus of the discussion were promoting the development and cooperation on cultural digitalization, strengthening cooperation on cultural heritage protection, and advancing the building of cultural exchange platforms of BRICS countries.
• The Ministers adopted the BRICS Action Plan 2022-2026 to further strengthen the cultural cooperation and implement the BRICS Cultural Cooperation Agreement signed in 2015.

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National Affairs – Daily Current Affairs May 25

11. Govt wheat procurement down by how many percent to 182 lakh tn in 2022-23?
A) 39%
B) 79%
C) 53%
D) 46%
E) 67%
Answer: C) 53%

• The government’s wheat procurement fell by 53 per cent to 182 lakh tonnes so far in the current 2022-23 marketing year compared to the year-ago period on aggressive buying by private players for export purposes, according to official sources.
• The rabi marketing year runs from April to March but the bulk of procurement ends by June.
• An all-time high of 433.44 lakh tonnes of wheat was procured in the previous marketing year.
• State-owned Food Corporation of India (FCI) and state agencies undertake procurement at the minimum support price to meet the requirement under the public distribution system (PDS) and other welfare schemes.
• The wheat procurement target has been revised downward to 195 lakh tonnes for the current year from the earlier 444 lakh tonnes due to a fall in wheat output and increased exports.
• According to official sources, wheat procurement by government agencies remained lower in all key growing states of Punjab, Haryana, Madhya Pradesh and Uttar Pradesh.
• The government’s wheat procurement declined to 96 lakh tonnes so far in the 2022-23 marketing year, when compared with 132 lakh tonnes in the year-ago period.

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12. Lighthouse learning partnered with which of the following stategovt for Project AdarshAnganwadi?
A) Punjab
B) Rajasthan
C) Uttar Pradesh
D) Madhya Pradesh
E) Maharashtra
Answer: E) Maharashtra

• Lighthouse Learning Group (formerly known as EuroKids International) has signed an agreement with the Maharashtra government’s Women and Child Development (WCD) Department to implement the Project AdarshAnganwadi.
• Under the MoU, Lighthouse Learning will transform some existing Anganwadis, expand infrastructure, bring in high-quality content and curriculum, teaching aids and conduct training sessions to enhance the skills of the staff.
• This project would commence from Mumbai and would be taken to other major parts of Maharashtra.
• Lighthouse Learning will also help to ensure that each Anganwadi has hygienic and safe surroundings for children.

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13. NICSI signed MoU with ___ School of Management for R&D and Consultancy in e-Governance?
A) Delhi
B) Mumbai
C) Kolkata
D) Chennai
E) Bangalore
Answer: A) Delhi

• National Informatics Centre Services Incorporated (NICSI), a Government of India Enterprise under National Informatics Centre, Ministry of Electronics & Information Technology (MeitY), and Delhi School of Management (DSM), Delhi Technological University (DTU) signed a Memorandum of Understanding on 24th May 2022 in the presence of Dr. Rajendra Kumar, Additional Secretary MeitY and Chairman NICSI, Shri Prashant Kumar Mittal, MD NICSI, Dr. Archana Singh.
• HoD, DSM DTU and Prof P. K. Suri DSM DTU for Research & Development (R&D) and Consultancy in area of e-Governance by synergizing resources / capabilities with each other.
• MeitY is working with other Ministries to extend use of technology to facilitate them with understanding of specific domains like agriculture, education, healthcare etc. with problem solving approach in team effort by utilizing knowledge of academicians.
• This MoU may be helpful to MeitY& DTU ecosystem in coming years by exploration of technology and involvement of students in collaborative ways in maturing new areas like IoT, Artificial Intelligence, Blockchain etc.
• The expertise of DSM in area of management will also facilitate NICSI for development of business strategies and planning.

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14. Which of the following country joined First Movers Coalition to decarbonise carbon-heavy sectors?
A) Ukraine
B) Myanmar
C) Srilanka
D) India
E) Pakistan
Answer: D) India

• India has joined the First Movers Coalition, a global initiative aimed at decarbonising the heavy industry and long-distance transport sectors responsible for 30 per cent of global emissions, US Special Presidential Envoy for Climate John Kerry.
• Launched by US President Joe Biden and the WEF at COP26 as a flagship public-private partnership to clean up the most carbon-intensive sectors, also saw 50 new corporate members with collective market cap of USD 8.5 trillion joining the force.
• Besides India, Denmark, Italy, Japan, Norway, Singapore, Sweden and the United Kingdom have also joined the US as government partners to create early markets for clean technologies through policy measures and private sector engagements.
• India, along with Japan and Sweden, has also joined the steering board of the coalition.

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15. PM will inaugurate how many houses constructed under ‘Light House Project — Chennai’?
A) 1,125
B) 1,152
C) 1,521
D) 1,512
E) 1,251
Answer: B) 1,152

• Prime Minister Narendra Modi will inaugurate 1,152 houses constructed as part of the ‘Light House Project — Chennai’ built at a cost of Rs 116 crore under the Pradhan MantriAwasYojana-Urban.
• This project makes use of the precast concrete construction system as used in the US and Finland.
• It uses the best of new-age global technologies, materials and processes in the construction sector for the first time in the country at such a large scale.
• Prime Minister laid the foundation stone of Light House Projects at six sites across the country on January 1, 2021.
• Prime Minister Modi will participate in an event on May 26 to celebrate 20 years of the Indian School of Business (ISB) in Hyderabad and will also dedicate to the nation and the foundation stone of 11 projects worth over Rs 31,400 crore in Chennai.

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16. ReNew Power signed MoU to invest how many crores in 7 years in Karnataka?
A) 40,000
B) 10,000
C) 50,000
D) 60,000
E) 80,000
Answer: C) 50,000

• Karnataka government has entered into an agreement with renewable energy firm ReNew Power, wherein the company will be expanding and establishing solar, wind, green hydrogen and renewable energy plants in Karnataka.
• The company will be investing ₹50,000 crore in seven years, creating around 30,000 jobs.
• The agreement was signed on the sidelines of the World Economic Forum (WEF) meeting in Swiss ski resort town.
• In the first phase, Renew Power will be investing ₹11,900 crore on the ongoing projects in the state and they would be operationalised in the next 2 years, and in the second phase the company plans to invest ₹37,500 crore to set up Renewable Energy and Green Hydrogen units over the next 5 years.

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