Daily Current Affairs May 23 & 24

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 23 & 24. 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 23 & 24 | Daily Current Affairs 2026

Important Days – Daily Current Affairs May 23 & 24

1. World Turtle Day is observed every year on which date to raise awareness about turtle and tortoise conservation?
A) May 21
B) May 22
C) May 23
D) May 24
E) May 25
Answer: C) May 23.

Event and Location:

• Event: World Turtle Day 2026 was observed to raise awareness about turtle and tortoise conservation.
• Location: The observance has global coverage, involving conservation groups, schools, environmental organisations, and wildlife supporters worldwide.
• Date: May 23, 2026.

Mandates and Objectives:

• Mandates: The day focuses on spreading awareness, encouraging education, supporting rescue efforts, and promoting conservation actions for turtles and tortoises.
• Objectives: Its objective is to protect turtle habitats, reduce human-driven threats, strengthen public awareness, and support wildlife protection efforts.

Important Terms Explained:

• World Turtle Day: It is an international awareness day dedicated to the conservation of turtles and tortoises, observed every year on May 23.
• American Tortoise Rescue: It is a nonprofit organisation that founded World Turtle Day in 2000 to protect turtles and tortoises worldwide.
• Biodiversity: It refers to the variety of living species in an ecosystem, including animals, plants, microorganisms, and their ecological relationships.
• Illegal Wildlife Trade: It refers to the unlawful buying, selling, or trafficking of wild animals and animal products, which threatens species survival.
• Fishing Bycatch: It refers to the accidental capture of non-target species, including turtles, during commercial or traditional fishing activities.

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Sports – Daily Current Affairs May 23 & 24

2. Which former India all-rounder announced his retirement from domestic cricket and the Indian Premier League?
A) Stuart Binny
B) Vijay Shankar
C) Irfan Pathan
D) Kedar Jadhav
E) Washington Sundar
Answer: B) Vijay Shankar.

Event and Location:

• Event: Vijay Shankar announced his retirement from domestic cricket and the Indian Premier League.
• Location: The development relates to Indian domestic cricket and IPL.
• Date: May 23, 2026.

Mandates and Objectives:

• Mandates: Vijay Shankar ended his domestic cricket and IPL career after representing India, Tamil Nadu, Tripura, and multiple IPL franchises.
• Objectives: The retirement makes him eligible to participate in overseas franchise cricket leagues while closing a notable phase of his Indian cricket career.

Important Terms Explained:

• Vijay Shankar: He is a former India and Tamil Nadu all-rounder who represented India in ODIs and T20Is and played domestic cricket and IPL across several teams.
• Indian Premier League: It is India’s top professional T20 cricket league featuring franchise-based teams and leading domestic and international players.
• Domestic Cricket: It refers to national-level cricket competitions played within a country, including tournaments such as the Ranji Trophy, Vijay Hazare Trophy, and Syed Mushtaq Ali Trophy.
• 3D Cricketer: It refers to a player valued for three skills in cricket, namely batting, bowling, and fielding.
• Ranji Trophy: It is India’s premier first-class domestic cricket tournament played among state and regional teams.

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Ranking – Daily Current Affairs May 23 & 24

3. According to the World Cities Report 2026, approximately how many people worldwide face housing-related challenges?
A) 1.8 billion
B) 2.4 billion
C) 3.4 billion
D) 4.2 billion
E) 5.1 billion
Answer: C) 3.4 billion.

Event and Location:

• Event: World Cities Report 2026 highlighted a worsening global housing crisis affecting nearly 40% of the world’s population.
• Location: The report was released during the World Urban Forum in Baku.
• Date: May 23, 2026.

Mandates and Objectives:

• Mandates: The report assessed global and India-specific housing challenges, including affordability stress, overcrowding, homelessness, inadequate services, and urban infrastructure pressure.
• Objectives: Its objective was to highlight the urgency of affordable, adequate, inclusive, and climate-resilient housing systems through stronger public policy and coordinated action.

Important Terms Explained:

• UN-Habitat: It is the United Nations agency focused on sustainable urban development, housing, and human settlements.
• Price-to-Income Ratio: It measures housing affordability by comparing average house prices with average household income.
• Pradhan Mantri Awas Yojana: It is an Indian housing scheme aimed at improving access to housing for economically weaker and low-income groups.
• Ahmedabad Slum Networking Project: It is a community-led urban improvement model that upgrades slums through better sanitation, drainage, roads, and water supply without mass relocation.
• Climate-Resilient Urban Planning: It refers to city and housing planning that reduces vulnerability to climate disasters and protects homes, infrastructure, and communities.

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4. How many of the world’s 100 hottest cities were located in India on a single day during the 2026 heatwave?
A) 87
B) 91
C) 94
D) 97
E) 100
Answer: D) 97.

Event and Location:

• Event: India’s 2026 heatwave placed 97 of the world’s 100 hottest cities within the country on a single day.
• Location: The extreme heat was reported across Uttar Pradesh, Odisha, Madhya Pradesh, Rajasthan, and central India.
• Date: May 23, 2026.

Mandates and Objectives:

• Mandates: The report highlighted the extreme heatwave conditions in India, the role of atmospheric systems, climate change, human activities, and regional weather disruptions.
• Objectives: Its objective was to explain the causes of India’s severe heat crisis and raise awareness about its effects on public health, agriculture, water availability, and economic productivity.

Important Terms Explained:

• Heat Dome: It is a large high-pressure atmospheric system that traps hot air over a region, compresses it, and causes temperatures to rise continuously.
• Western Disturbances: These are weather systems originating from the Mediterranean region that bring clouds, rainfall, and cooler winds to northern India.
• Urban Heat Islands: These are urban areas where temperatures become higher than surrounding regions due to concrete structures, reduced green cover, and heat-retaining surfaces.
• El Nino: It is a climate pattern linked to warming of parts of the Pacific Ocean, which can raise global temperatures and weaken rainfall systems.
• Climate Change: It refers to long-term changes in global temperature and weather patterns, making heatwaves more frequent, longer, and more intense.

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Banking and Finance – Daily Current Affairs May 23 & 24

5. What is the record surplus amount announced by the RBI for transfer to the central government for FY26?
A) ₹2.19 lakh crore
B) ₹2.45 lakh crore
C) ₹2.69 lakh crore
D) ₹2.87 lakh crore
E) ₹3.16 lakh crore
Answer: D) ₹2.87 lakh crore.

Event and Location:

• Event: The Reserve Bank of India announced its highest-ever ₹2.87 lakh crore surplus transfer to the central government for FY26.
• Location: The development relates to India’s central government finances.
• Date: May 23, 2026.

Mandates and Objectives:

• Mandates: The RBI’s Central Board approved the record surplus transfer after reviewing macroeconomic conditions and the central bank’s internal financial strength.
• Objectives: The objective is to provide a major fiscal cushion to the government, strengthen non-tax revenue, and support public finances amid crude oil price pressure and global uncertainty.

Important Terms Explained:

• RBI Surplus Transfer: It refers to the transfer of excess income earned by the Reserve Bank of India to the central government after meeting expenses, provisions, and reserve requirements.
• Non-Tax Revenue: It refers to government income from sources other than taxes, such as dividends, fees, profits, interest receipts, and surplus transfers from public institutions.
• Contingent Risk Buffer: It is the RBI’s financial safety reserve maintained to protect the central bank against economic shocks, currency risks, and financial instability.
• Foreign Exchange Gains: These are earnings or valuation benefits generated through the management of foreign currency reserves.
• RBI Dividend: It is the commonly used term for the surplus amount transferred by the Reserve Bank of India to the government.

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Appointments – Daily Current Affairs May 23 & 24

6. Who has received RBI approval for reappointment as Managing Director and CEO of ICICI Bank until October 2028?
A) Uday Kotak
B) Amitabh Chaudhry
C) Sandeep Bakhshi
D) Shashidhar Jagdishan
E) Dinesh Kumar Khara
Answer: C) Sandeep Bakhshi.

Event and Location:

• Event: The Reserve Bank of India approved the reappointment of Sandeep Bakhshi as Managing Director and CEO of ICICI Bank.
• Location: The development relates to ICICI Bank’s leadership in India.
• Date: May 23, 2026.

Mandates and Objectives:

• Mandates: The RBI approved Sandeep Bakhshi’s reappointment for another two-year term from October 4, 2026, to October 3, 2028.
• Objectives: The objective is to ensure leadership continuity at ICICI Bank amid strong financial performance, operational stability, and continued growth momentum.

Important Terms Explained:

• Reserve Bank of India: It is India’s central bank and banking regulator responsible for approving key appointments in banks and supervising the banking system.
• Managing Director and CEO: It is the top executive leadership position responsible for overall management, strategy, business growth, and governance of a bank.
• ICICI Bank: It is one of India’s leading private sector banks with operations in retail banking, corporate banking, digital banking, loans, deposits, wealth management, and financial services.
• Market Capitalization: It refers to the total market value of a company’s shares and is commonly used to measure the size of listed companies.

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7. Who was sworn in as the new Chair of the US Federal Reserve Board of Governors, replacing Jerome Powell?
A) John Fetterman
B) Stanley Druckenmiller
C) Kevin Warsh
D) Ben Bernanke
E) Janet Yellen
Answer: C) Kevin Warsh.

Event and Location:

• Event: Kevin Warsh was sworn in as the new Chair of the US Federal Reserve Board of Governors, replacing Jerome Powell.
• Location: The leadership change took place in the United States.
• Date: May 23, 2026.

Mandates and Objectives:

• Mandates: Kevin Warsh assumed charge of the Federal Reserve amid inflation concerns, political scrutiny over interest rates, and debate over central bank independence.
• Objectives: The objective is to guide US monetary policy, manage inflation, support employment, maintain financial stability, and supervise banking institutions.

Important Terms Explained:

• Federal Reserve: It is the central bank of the United States and is responsible for interest rates, inflation management, employment support, financial stability, and banking supervision.
• Federal Reserve Chair: It is the head of the Federal Reserve Board of Governors and plays a key role in shaping US monetary policy decisions.
• Central Bank Independence: It refers to the ability of a central bank to make monetary policy decisions without direct political pressure.
• Interest Rates: They are policy tools used by central banks to influence borrowing costs, inflation, investment, and economic activity.
• Inflation: It refers to the general rise in prices of goods and services, reducing the purchasing power of money over time.

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Awards – Daily Current Affairs May 23 & 24

8. Which Indian lunar mission received the 2026 AIAA Goddard Astronautics Award for its historic Moon south pole landing?
A) Chandrayaan-1
B) Chandrayaan-2
C) Chandrayaan-3
D) Mangalyaan
E) Aditya-L1
Answer: C) Chandrayaan-3.

Event and Location:

• Event: Chandrayaan-3 received the 2026 AIAA Goddard Astronautics Award for its historic lunar mission.
• Location: The award was presented in Washington DC, United States.
• Date: May 21, 2026.

Mandates and Objectives:

• Mandates: The award recognised India’s successful soft landing near the Moon’s south pole and the mission’s contribution to lunar exploration.
• Objectives: Its objective was to honour a major achievement in astronautics and highlight Chandrayaan-3’s role in advancing future Moon missions and space science.

Important Terms Explained:

• Chandrayaan-3: It is India’s lunar mission that made India the first country to successfully soft-land a spacecraft near the Moon’s south pole.
• AIAA Goddard Astronautics Award: It is a prestigious astronautics award presented by the American Institute of Aeronautics and Astronautics for major achievements in space science and astronautics.
• American Institute of Aeronautics and Astronautics: It is a professional aerospace organisation that presents the Goddard Astronautics Award for outstanding contributions to astronautics.
• Moon’s South Pole: It is a scientifically valuable lunar region believed to contain water ice, minerals, chemically useful resources, and conditions useful for future exploration bases.
• Robert H. Goddard: He was a pioneer of modern rocketry whose liquid rocket engine experiments helped lay the foundation for modern spaceflight.

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Science and Technology – Daily Current Affairs May 23 & 24

9. From which test range did India successfully test-fire the Agni-1 ballistic missile in May 2026?
A) Pokhran Test Range
B) Integrated Test Range Chandipur
C) Sriharikota Launch Centre
D) Wheeler Island Range
E) Mahajan Field Firing Range
Answer: B) Integrated Test Range Chandipur.

Event and Location:

• Event: India successfully test-fired the Agni-1 ballistic missile under the Strategic Forces Command.
• Location: The launch was conducted from the Integrated Test Range at Chandipur in Odisha.
• Date: May 22, 2026.

Mandates and Objectives:

• Mandates: The test launch was conducted to validate the operational and technical parameters of the Agni-1 missile system.
• Objectives: Its objective was to reinforce India’s strategic deterrence capability, missile readiness, and defence preparedness.

Important Terms Explained:

• Agni-1 ballistic missile: It is a short-range ballistic missile developed by India as part of the Agni missile series for strategic deterrence and response capability.
• Strategic Forces Command: It is the command responsible for managing India’s strategic weapons systems, missile operations, nuclear command preparedness, and operational readiness.
• Integrated Test Range: It is a defence testing facility at Chandipur in Odisha used for testing missiles and other strategic weapon systems.
• Short-Range Ballistic Missile: It is a ballistic missile designed to strike targets over a relatively shorter range compared to medium, intermediate, and intercontinental ballistic missiles.
• Strategic Deterrence: It refers to the ability of a country to prevent aggression by maintaining credible strategic military capabilities.

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International Affairs – Daily Current Affairs May 23 & 24

10. Why did India postpone the inaugural International Big Cat Alliance Summit scheduled for June 1, 2026?
A) Due to lack of venue availability
B) Due to the rescheduling of the Fourth India-Africa Forum Summit
C) Due to monsoon-related travel restrictions
D) Due to changes in wildlife census plans
E) Due to delay in Project Tiger review
Answer: B) Due to the rescheduling of the Fourth India-Africa Forum Summit.

Event and Location:

• Event: India postponed the inaugural International Big Cat Alliance Summit after the rescheduling of the Fourth India-Africa Forum Summit.
• Location: The summit was originally scheduled to be held in New Delhi, India.
• Date: June 1, 2026.

Mandates and Objectives:

• Mandates: The summit was planned to strengthen international cooperation on big cat conservation with wider participation from big cat range countries, especially African nations.
• Objectives: Its objective was to support wildlife diplomacy, biodiversity conservation, habitat protection, anti-poaching efforts, and stronger multilateral partnerships for protecting big cat species.

Important Terms Explained:

• International Big Cat Alliance: It is an India-led global initiative aimed at promoting conservation cooperation for major big cat species and their habitats.
• India-Africa Forum Summit: It is a diplomatic platform for India and African countries to strengthen cooperation in areas such as development, trade, security, and partnerships.
• Big Cat Range Countries: These are countries where big cat species naturally occur and where conservation actions are directly linked to species survival.
• Project Tiger: It is India’s flagship tiger conservation programme that has contributed to tiger protection, habitat conservation, and wildlife management.
• Biodiversity Conservation: It refers to the protection of diverse species, habitats, and ecosystems to maintain ecological balance and long-term environmental stability.

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11. Where did India and Ethiopia sign the bilateral WTO accession protocol supporting Ethiopia’s WTO membership process?
A) New Delhi
B) Addis Ababa
C) Geneva
D) Nairobi
E) Brussels
Answer: C) Geneva.

Event and Location:

• Event: India and Ethiopia signed a bilateral WTO accession protocol to support Ethiopia’s membership process in the World Trade Organization.
• Location: The agreement was signed in Geneva, Switzerland.
• Date: May 22, 2026.

Mandates and Objectives:

• Mandates: The protocol formed part of Ethiopia’s WTO accession negotiation process and covered bilateral understanding on trade access conditions.
• Objectives: Its objective was to support Ethiopia’s integration into the global trading system and strengthen India-Ethiopia trade, investment, and strategic economic ties.

Important Terms Explained:

• WTO accession protocol: It is a formal agreement linked to the process through which a country negotiates terms with existing World Trade Organization members before joining the organisation.
• World Trade Organization: It is a multilateral institution that regulates international trade rules and supports trade negotiations among member countries.
• Market Access Commitments: These refer to agreed conditions under which a country allows foreign goods and services to enter its market.
• Least Developed Countries: These are countries identified as facing severe structural barriers to sustainable development and needing special support in global economic systems.
• South-South Cooperation: It refers to cooperation among developing countries in areas such as trade, investment, technology, capacity building, and development partnerships.

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12. In which Chinese province did the deadly Liushenyu Coal Mine explosion occur?
A) Guangdong
B) Sichuan
C) Shanxi
D) Hubei
E) Yunnan
Answer: C) Shanxi.

Event and Location:

• Event: A deadly coal mine explosion at Liushenyu Coal Mine killed at least 90 people and triggered a large-scale rescue operation.
• Location: The explosion occurred in Shanxi Province, China.
• Date: May 23, 2026.

Mandates and Objectives:

• Mandates: The incident involved emergency rescue operations, medical treatment for injured workers, investigation into the cause of the blast, and accountability measures against responsible individuals.
• Objectives: Its objective is to rescue survivors, support injured workers, identify the cause of the explosion, and address mining safety concerns in China’s coal sector.

Important Terms Explained:

• Coal Mine Explosion: It refers to a blast inside a coal mine, often linked to dangerous gas accumulation, poor ventilation, or ignition of flammable gases.
• Carbon Monoxide: It is a highly toxic gas that can become life-threatening when present above safe limits in enclosed spaces such as mines.
• Methane Accumulation: It refers to the build-up of methane gas in mines, which can create explosive conditions if not properly ventilated.
• Mining Safety: It refers to safety systems, inspections, ventilation, emergency response, and regulations designed to protect workers in mining operations.
• Shanxi Province: It is one of China’s major coal-producing regions and is often described as the country’s coal-mining heartland.

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13. Which country upgraded its bilateral relationship with India to a Strategic Partnership in 2026?
A) Greece
B) Cyprus
C) Malta
D) Italy
E) Egypt
Answer: B) Cyprus.

Event and Location:

• Event: India and Cyprus upgraded their bilateral relationship to a Strategic Partnership with agreements across defence, trade, cybersecurity, education, culture, and maritime cooperation.
• Location: The partnership was announced during Cyprus President Nikos Christodoulides’s visit to New Delhi, India.
• Date: May 23, 2026.

Mandates and Objectives:

• Mandates: The two countries signed six major agreements and MoUs covering defence cooperation, counter-terrorism, cybersecurity, innovation, education, culture, maritime security, and diplomatic training.
• Objectives: The objective is to deepen India-Cyprus strategic cooperation, strengthen security coordination, promote trade and investment, improve digital security, and expand people-to-people ties.

Important Terms Explained:

• Strategic Partnership: It refers to an upgraded bilateral relationship involving long-term cooperation in areas such as defence, trade, technology, security, and diplomacy.
• Joint Working Group on Counter-Terrorism: It is a bilateral mechanism created to improve coordination between India and Cyprus on counter-terrorism and security-related issues.
• Cyber Security Dialogue: It is a dedicated platform for India and Cyprus to strengthen cooperation on digital security, cyber threats, and cyber diplomacy.
• Indo-Pacific Oceans Initiative: It is India’s initiative to promote cooperation in the Indo-Pacific region through pillars such as maritime security, trade, connectivity, and maritime transport.
• BHISM Cube: It stands for Bharat Health Initiative for Sahyog Hita & Maitri and is a health assistance initiative that India will gift to Cyprus as a symbol of friendship and health cooperation.

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Schemes – Daily Current Affairs May 23 & 24

14. Which ministry launched the JEEVAN app and SHATAYU dashboard for senior citizen welfare and geriatric caregiving support?
A) Ministry of Health and Family Welfare
B) Ministry of Social Justice and Empowerment
C) Ministry of Women and Child Development
D) Ministry of Rural Development
E) Ministry of Home Affairs
Answer: B) Ministry of Social Justice and Empowerment.

Event and Location:

• Event: The Ministry of Social Justice and Empowerment launched the JEEVAN app and SHATAYU dashboard for elder care support.
• Location: The initiative covers senior citizens and caregiving services across India.
• Date: May 21, 2026.

Mandates and Objectives:

• Mandates: The initiative introduced two digital platforms to improve senior citizen welfare services, emergency support, healthcare information, caregiver access, and social inclusion.
• Objectives: Its objective is to make elderly care more accessible, efficient, citizen-friendly, and technology-enabled across India.

Important Terms Explained:

• JEEVAN app: It stands for Joint Elderly Empowerment & Virtual Assistance Network and is a mobile platform designed to provide senior citizens access to welfare schemes, emergency help, healthcare information, and social support.
• SHATAYU dashboard: It stands for Senior Holistic Care Assistance and Training For Your Utility and is a digital dashboard created to support geriatric caregiving services across districts and states.
• Geriatric Caregiving: It refers to specialised care and support services provided to elderly people, including health-related assistance, daily care, and social support.
• Care Economy: It refers to services related to elder care, disability support, health-related home support, domestic care, and community caregiving.

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National Affairs – Daily Current Affairs May 23 & 24

15. Which mission is the Indian government planning to launch to tackle illegal immigration and strengthen border security?
A) Smart Border Surveillance Mission
B) National Border Protection Mission
C) High-Powered Demography Mission
D) Border Security Modernisation Mission
E) Integrated Immigration Control Mission
Answer: C) High-Powered Demography Mission.

Event and Location:

• Event: The Indian government plans to launch the High-Powered Demography Mission to address illegal immigration and border security concerns.
• Location: The mission is expected to focus on India’s border regions, especially eastern and northeastern border states.
• Date: May 23, 2026.

Mandates and Objectives:

• Mandates: The mission is planned as a coordinated initiative to curb illegal immigration, prevent infiltration from neighbouring countries, strengthen border enforcement, and support administrative action in sensitive border regions.
• Objectives: Its objective is to enhance border security, prevent demographic changes in border states, improve surveillance, and strengthen coordination between central agencies and state administrations.

Important Terms Explained:

• High-Powered Demography Mission: It is a proposed national initiative aimed at tackling illegal immigration, strengthening border security, and addressing demographic concerns in India’s border states.
• Border Security Force: It is India’s primary border guarding force responsible for surveillance, preventing illegal crossings, countering smuggling, and maintaining security along international land borders.
• Smart Border Project: It is a proposed border security initiative focused on using advanced sensors, electronic surveillance, real-time tracking, integrated monitoring, and automated detection tools.
• Illegal Immigration: It refers to the entry or stay of foreign nationals in a country without valid legal permission or required documentation.
• Infiltration: It refers to unauthorised cross-border movement into a country, often linked to security, administrative, or law enforcement concerns.

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Over All Review

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