Daily Current Affairs May 5

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May 5 | Daily Current Affairs 2026

Important Days – Daily Current Affairs May 5

1. Who led the nationwide pledge during the launch of Fire Safety Week 2026?
A) Rajesh Bhushan
B) Punya Salila Srivastava
C) Krishna S. Vatsa
D) Mansukh Mandaviya
E) Apurva Chandra
Answer: B) Punya Salila Srivastava.

Event and Location:

• Event: The Ministry of Health and Family Welfare launched Fire Safety Week 2026 to improve fire safety standards in healthcare facilities.
• Location: India.
• Date: May 4 to May 10, 2026.

Mandates and Objectives:

• Mandates: The Ministry of Health and Family Welfare launched a week-long campaign with a nationwide pledge and introduced the National Guidelines on Fire and Life Safety in Healthcare Facilities.
• Objectives: The objective is to strengthen hospital fire safety standards, improve emergency preparedness, promote compliance, and build a fire-safety aware society.

Important Terms Explained:

• Fire Safety Week 2026: It is a national campaign observed from May 4 to May 10, 2026 to promote fire prevention, preparedness, and safety awareness in healthcare and public institutions.
• National Guidelines on Fire and Life Safety in Healthcare Facilities: These are comprehensive guidelines introduced to address fire risks, emergency response, evacuation protocols, infrastructure safety, and staff training in healthcare institutions.
• IHIP portal: It is a digital platform mentioned for compliance monitoring and regular audits related to healthcare safety systems.
• National Disaster Management Authority: It is India’s apex disaster management body involved in strengthening preparedness, capacity building, and risk reduction measures.

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2. What is the theme of World Asthma Day 2026?
A) Asthma Care for All
B) Closing Gaps in Asthma Care
C) Access to anti-inflammatory inhalers for everyone with asthma
D) Better Breathing for Better Living
E) Stop Asthma Deaths
Answer: C) Access to anti-inflammatory inhalers for everyone with asthma.

Event and Location:

• Event: World Asthma Day 2026 was observed to promote better access to essential asthma care and treatment.
• Location: Worldwide.
• Date: May 5, 2026.

Mandates and Objectives:

• Mandates: The observance highlighted the need for awareness, early diagnosis, affordable treatment, and wider access to anti-inflammatory inhalers for people living with asthma.
• Objectives: The objective is to improve asthma management, prevent avoidable deaths, reduce hospitalisation, and enhance the quality of life of asthma patients.

Important Terms Explained:

• World Asthma Day: It is a global health observance aimed at spreading awareness about asthma prevention, diagnosis, treatment, and care.
• Global Initiative for Asthma: It is an international organisation that works to improve asthma awareness, prevention, and management through evidence-based guidance.
• Inhaled corticosteroids: These are anti-inflammatory inhalers used to reduce airway inflammation, prevent asthma attacks, and lower the risk of severe complications.
• Bronchodilator: It is a medicine that helps open the airways and provides quick relief from breathing difficulty during asthma symptoms.
• Asthma: It is a chronic respiratory disease that causes airway inflammation, wheezing, coughing, chest tightness, and shortness of breath.

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Ranking – Daily Current Affairs May 5

3. What is India’s rank in the World Press Freedom Index 2026?
A) 140
B) 150
C) 153
D) 157
E) 180
Answer: D) 157.

Event and Location:

• Event: India ranked 157th in the World Press Freedom Index 2026 as global press freedom reached a record low.
• Location: Global report covering 180 countries, including India.
• Date: May 5, 2026.

Mandates and Objectives:

• Mandates: Reporters Without Borders released the World Press Freedom Index 2026 assessing press freedom conditions across 180 countries.
• Objectives: The objective is to evaluate the freedom, safety, and working conditions of journalists based on political, legal, economic, social, and safety indicators.

Important Terms Explained:

• Reporters Without Borders: It is an international organisation that publishes the World Press Freedom Index and monitors press freedom across countries.
• Press freedom: It refers to the ability of journalists and media organisations to report news independently without censorship, intimidation, or undue restrictions.
• Criminalisation of journalism: It refers to the use of laws, legal harassment, national security provisions, or emergency powers to restrict or penalise journalistic work.
• Legal framework: It refers to the laws and regulations that influence how freely journalists and media organisations can function in a country.

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Business and Economy – Daily Current Affairs May 5

4. What was India’s net direct tax collection in FY26 as per the Central Board of Direct Taxes?
A) ₹21.40 trillion
B) ₹22.26 trillion
C) ₹23.40 trillion
D) ₹24.21 trillion
E) ₹28.12 trillion
Answer: C) ₹23.40 trillion.

Event and Location:

• Event: India’s net direct tax collections rose by 5.12% to over ₹23.40 trillion in FY26.
• Location: India.
• Date: May 5, 2026.

Mandates and Objectives:

• Mandates: The Central Board of Direct Taxes released data showing growth in net direct tax collections, gross direct tax collections, refunds, corporate tax, and personal income tax during FY26.
• Objectives: The objective is to assess revenue performance, tax compliance trends, and the contribution of corporate and personal income taxes to India’s fiscal position.

Important Terms Explained:

• Net direct tax collections: It refers to direct tax revenue collected by the government after deducting refunds issued to taxpayers.
• Central Board of Direct Taxes: It is the authority responsible for administering direct tax laws and overseeing income tax and corporate tax collection in India.
• Corporate tax: It is a direct tax paid by companies on their profits.
• Personal income tax: It is a direct tax paid by individuals on their income and includes the contribution mentioned with Securities Transaction Tax in the article.
• Securities Transaction Tax: It is a tax levied on transactions involving securities such as shares and equity-oriented instruments.

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Appointments – Daily Current Affairs May 5

5. Which party emerged as the largest single party in West Bengal Assembly Election Results 2026?
A) All India Trinamool Congress
B) Indian National Congress
C) Bharatiya Janata Party
D) Communist Party of India Marxist
E) All India Secular Front
Answer: C) Bharatiya Janata Party.

Event and Location:

• Event: Assembly Election Results 2026 showed major political shifts across West Bengal, Tamil Nadu, Kerala, Assam, and Puducherry.
• Location: West Bengal, Tamil Nadu, Kerala, Assam, and Puducherry in India.
• Date: May 5, 2026.

Mandates and Objectives:

• Mandates: The election results determined the composition of legislative assemblies in West Bengal, Tamil Nadu, Kerala, Assam, and Puducherry after the 2026 polls.
• Objectives: The objective is to form new governments in the respective states and Union Territory based on the electoral mandate given by voters.

Important Terms Explained:

• Assembly Election Results 2026: It refers to the outcome of legislative assembly elections held in West Bengal, Tamil Nadu, Kerala, Assam, and Puducherry.
• Regime change: It means the ruling party or alliance loses power and a different party or alliance forms the government.
• National Democratic Alliance: It is a political alliance led by the Bharatiya Janata Party at the national level.
• United Democratic Front: It is a political alliance in Kerala led by the Indian National Congress.
• Left Democratic Front: It is a political alliance in Kerala led by the Communist Party of India Marxist.

Tabular Summary:

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6. Who assumed charge as Deputy Governor of the Reserve Bank of India for a three-year term?
A) T. Rabi Sankar
B) Rohit Jain
C) Shaktikanta Das
D) M. Rajeshwar Rao
E) Michael Debabrata Patra
Answer: B) Rohit Jain.

Event and Location:

• Event: Rohit Jain assumed charge as Deputy Governor of the Reserve Bank of India.
• Location: India.
• Date: May 5, 2026.

Mandates and Objectives:

• Mandates: The Government of India appointed Rohit Jain as RBI Deputy Governor for a three-year term after the retirement of T. Rabi Sankar, with approval from the Appointments Committee of the Cabinet.
• Objectives: The objective is to strengthen RBI’s leadership with experienced central banking expertise in supervision, financial stability, regulatory compliance, and risk management.

Important Terms Explained:

• Reserve Bank of India: It is India’s central bank responsible for monetary policy, banking regulation, currency management, financial stability, and payment systems.
• Deputy Governor: It is a senior leadership position in the RBI responsible for overseeing key departments and supporting policy, regulation, and supervision functions.
• Appointments Committee of the Cabinet: It is a high-level government committee that approves appointments to senior positions in the Government of India and major institutions.
• Basel Committee on Banking Supervision: It is a global standard-setting body for banking regulation and supervision.
• Financial Stability Board: It is an international body that monitors and makes recommendations about the global financial system.

Tabular Summary:

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7. Who has reportedly been named as the future successor of Biocon by Kiran Mazumdar-Shaw?
A) Shreehas Tambe
B) Siddharth Mittal
C) Claire Mazumdar
D) Eric Mazumdar
E) Thomas Roberts
Answer: C) Claire Mazumdar.

Event and Location:

• Event: Kiran Mazumdar-Shaw reportedly named Claire Mazumdar as the future successor of Biocon.
• Location: India.
• Date: May 5, 2026.

Mandates and Objectives:

• Mandates: The reported succession move identifies Claire Mazumdar as the future leader of Biocon as the company prepares for its next phase of growth.
• Objectives: The objective is to ensure leadership continuity, future-ready management, and strategic growth in biosimilars, biotechnology innovation, and global biopharma markets.

Important Terms Explained:

• Biocon: It is one of India’s leading biopharmaceutical companies, founded in 1978, known for affordable insulin, biosimilars, biotechnology research, and global medicine access.
• Biosimilars: These are biologic medical products that are highly similar to already approved biological medicines and are used to improve affordable access to advanced treatments.
• Biotechnology: It is a field that uses biological systems, organisms, or processes to develop medicines, therapies, diagnostics, and other scientific innovations.
• Biocon Biologics: It is a Biocon subsidiary focused on biosimilars and biologic medicines.
• Syngene International: It is a Biocon-linked contract research and development organisation involved in scientific research and innovation services.

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Awards – Daily Current Affairs May 5

8. Which two Indian journalists won the Pulitzer Prize 2026 for Illustrated Reporting and Commentary?
A) R K Anand and Suparna Sharma
B) Ravish Kumar and Barkha Dutt
C) P Sainath and Faye D’Souza
D) Rajdeep Sardesai and Nidhi Razdan
E) Siddharth Varadarajan and Rana Ayyub
Answer: A) R K Anand and Suparna Sharma.

Event and Location:

• Event: R K Anand and Suparna Sharma won the Pulitzer Prize 2026 for Illustrated Reporting and Commentary.
• Location: The award-winning work was published in Bloomberg.
• Date: May 4, 2026.

Mandates and Objectives:

• Mandates: The Pulitzer Prize 2026 recognised the collaborative work of R K Anand, Suparna Sharma, and Natalie Obiko Pearson for their reporting on cyber fraud and digital surveillance.
• Objectives: The objective is to honour impactful journalism that exposes digital scams, highlights misuse of technology, and raises awareness about cybercrime risks.

Important Terms Explained:

• Pulitzer Prize: It is a prestigious international honour administered by Columbia University for excellence in journalism, literature, and music.
• Illustrated Reporting and Commentary: It is a journalism category that recognises powerful storytelling using visual elements, reporting, and commentary.
• Digital arrest scam: It is a cyber fraud method in which criminals manipulate victims remotely by falsely claiming legal or official action against them.
• Digital surveillance: It refers to the monitoring of people’s digital activities, communications, or devices, which may be misused for fraud or control.
• Cyber fraud: It refers to criminal activities carried out through digital platforms, online systems, or electronic communication to deceive victims.

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Science and Technology – Daily Current Affairs May 5

9. Hantavirus is primarily transmitted to humans through which source?
A) Mosquitoes
B) Rodents
C) Contaminated seafood
D) Air passengers
E) Domestic cats
Answer: B) Rodents.

Event and Location:

• Event: Health experts raised concerns over Hantavirus cases linked to cruise ship travel.
• Location: Cruise ship travel environments and affected regions worldwide.
• Date: May 5, 2026.

Mandates and Objectives:

• Mandates: Health authorities have urged stronger sanitation, pest control, monitoring of cruise ship environments, and early medical attention for suspected infections.
• Objectives: The objective is to reduce exposure to rodent-borne infection risks, prevent severe complications, and improve early detection of Hantavirus cases.

Important Terms Explained:

• Hantavirus: It is a group of rodent-borne viruses that can infect humans through contact with rodent urine, saliva, droppings, or contaminated airborne particles.
• Hantavirus Pulmonary Syndrome: It is a severe lung-related illness caused by Hantavirus that can lead to breathing difficulty and respiratory failure.
• Rodent-borne virus: It refers to a virus transmitted through rodents such as rats and mice, usually through their excreta or secretions.
• Supportive care: It is medical care focused on managing symptoms and complications, such as oxygen therapy and intensive monitoring, when no specific antiviral cure is available.

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National Affairs – Daily Current Affairs May 5

10. Which district is set to become India’s first pearl farming cluster?
A) Ranchi
B) Hazaribag
C) Dhanbad
D) Bokaro
E) Jamshedpur
Answer: B) Hazaribag.

Event and Location:

• Event: Hazaribag is set to become India’s first pearl farming cluster.
• Location: Hazaribag district, Jharkhand.
• Date: May 5, 2026.

Mandates and Objectives:

• Mandates: The fisheries department is developing Hazaribag as a model pearl farming hub through scientific aquaculture, modern cultivation methods, farmer participation, and market linkage support.
• Objectives: The objective is to create employment, increase rural income, promote women-led entrepreneurship, and establish a sustainable and profitable pearl farming model.

Important Terms Explained:

• Pearl farming: It is the process of cultivating pearls by inserting a nucleus into oysters and nurturing them in controlled water conditions.
• Scientific aquaculture: It refers to the organised cultivation of aquatic organisms using modern techniques, training, and resource management to improve productivity and income.
• Self-help groups: These are community-based groups, often involving women, that support savings, credit access, training, and income-generating activities.
• Farmer Producer Organization: It is a collective body of farmers formed to improve production, processing, marketing, and bargaining power.
• Cage culture: It is a fish farming method where fish are reared in cages placed within reservoirs or other water bodies.

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