Daily Current Affairs May 02

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 02. 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 02| Daily Current Affairs 2023

Important Days – Daily Current Affairs May 02

1. On which day is World Asthma Day celebrated?
A) Second Tuesday of May
B) Third Tuesday of May
C) First Monday of May
D) First Tuesday of May
E) Fourth Thursday of May
Answer: D) First Tuesday of May

• Every year, World Asthma Day is celebrated on the first Tuesday of the month of May. This year, World Asthma Day will be celebrated on May 2.
• World Asthma Day was first held in 1998 in more than 35 countries in conjunction with the first World Asthma Meeting held in Barcelona, Spain.
• The theme for World Asthma Day 2023 is “Asthma Care for All”.
• The theme of the previous year, “Closing Gaps in Asthma Care,” and the 2019 theme, “STOP for Asthma.”

Upcoming World Asthma Days:

• Tuesday, May 7, 2024
• Tuesday, May 6, 2025
• Tuesday, May 5, 2026
• Tuesday, May 4, 2027

World Tuna Day

• May 2 is observed as World Tuna Day.

WORLD TUNA DAY: HISTORY

• World Tuna Day was established in December 2016 by the United Nations General Assembly, with an aim to preserve endangered species.
• This is after the UN general assembly officially voted to observe the day in its resolution 71/124. In 2017, the first World Tuna Day was observed.
• As per the UN, around 7 million metric tons of tuna and tuna-like species are harvested every year.

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Sports – Daily Current Affairs May 02

2. Who became the first player from continental Europe to win snooker’s World Championship?
A) Mark Selby
B) Luca Brecel
C) Ronnie O’Sullivan
D) Stephen Hendry
E) Judd Trump
Answer: B) Luca Brecel

• Belgium’s Luca Brecel became the first player from continental Europe to win snooker’s World Championship as he beat four time champion Mark Selby in the final in Sheffield.
• Brecel’s victory also meant he joined Canadian Cliff Thorburn (1980), the Republic of Ireland’s Ken Doherty (1997) and Australian Neil Robertson (2010) as only the fourth modern-era world champion from outside the United Kingdom at Sheffield’s Crucible Theatre.

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3. Who won the Rome Challenger (ATP Roma Garden Open) by defeating Jesper De Jong?
A) Rafael Nadal
B) Novak Djokovic
C) Roger Federer
D) SumitNagal
E) Andy Murray
Answer: D) SumitNagal

• SumitNagal won the Rome Challenger (ATP Roma Garden Open) beating Jesper De Jong in the final on the clay courts of the Italian capital, Rome.
• The last Indian to win an ATP Challenger singles title was RamkumarRamanathan in Bahrain in November 2021.
• This is the 25-year-old Nagal’s third Challenger title, and first since his Buenos Aires triumph in September 2019.
• SumitNagal made history by becoming the first Indian man since RamkumarRamanathan (Manama, 2021) to triumph in a Challenger Tour final.

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Ranking – Daily Current Affairs May 02

4. Which district has become the first in India to be declared ODF (open defecation-free) Plus?
A) Shimla
B) Jaipur
C) Wayanad
D) Darjeeling
E) Jaisalmer
Answer: C) Wayanad

• Wayanad has become the first district in the country to be declared ODF (open defecation-free) Plus.
• Wayanad district has come first in the ODF Plus rankings of the Swachh Bharat Mission in three-star category, followed by Mancheriyal district in Maharashtra and Anupur in Madya Pradesh.
• While Wayanad scored 100 points in the ODF ranking, Manchaeriyal and Anupur got 90.45 and 88.79 points respectively.
• Earlier, Wayanad had won two national awards in the sanitation and waste management sectors.
• 26 villages were declared ODF Plus in October 2022.
• ODF Plus is a higher status than complete open defecation free status. Village panchayats have achieved ODF status by ensuring toilets in every house. For Plus status, villages should continue to be free from open defecation and solid and liquid waste management system should be introduced for all.

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5. Which state has been ranked as the most ‘innovative’ state by the National Manufacturing Innovation Survey?
A) Maharashtra
B) Tamil Nadu
C) Karnataka
D) Gujarat
E) Telangana
Answer: C) Karnataka

• DST ranked Karnataka, followed by Telangana, Tamil Nadu, Maharashtra, and Haryana as high innovation states. Uttarakhand has the highest score among the hill states, while Dadra and Nagar Haveli and Daman and Diu has the highest score among the UTs.
• According to the report, which has carried out its survey across over 8,000 firms in 28 states and 6 Union Territories (UTs), covering manufacturing and related service sector and MSMEs, found that there is a need to increase innovation in manufacturing.
• Innovation in manufacturing is the lowest in the Northeastern states (excluding Assam), followed by Bihar.
• Apart from Northeastern states, low-performing states include Jharkhand, Odisha and Andhra Pradesh.
• Telangana, Karnataka, and Tamil Nadu had the highest share of innovative firms at 46.18 per cent, 39.10 per cent and 31.90 per cent, respectively, among the total manufacturing firms surveyed from the respective states, according to the report.
• Odisha, Bihar, and Jharkhand reported the least share of innovative firms at 12.78 per cent, 13.47 per cent and 13.71 per cent, respectively.
• In 2019, the Department of Science and Technology decided to follow up with a second nationwide innovation survey and assigned the innovation survey to the United Nations Industrial Development Organization (UNIDO), with a view to focus on manufacturing and associated services spread across large, medium, small, and micro-enterprises.

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Banking and Finance – Daily Current Affairs May 02

6. Airtel Payments Bank has partnered with which organization to introduce Face Authentication for Aadhaar-enabled Payment System (AePS) at its 500,000 banking points?
A) Reserve Bank of India (RBI)
B) Securities and Exchange Board of India (SEBI)
C) National Securities Depository Limited (NSDL)
D) National Payments Corporation of India (NPCI)
E) National Stock Exchange of India (NSE)
Answer: D) National Payments Corporation of India (NPCI)

• Airtel Payments Bank has rolled-out face authentication for AePS (Aadhaar-enabled Payment System) at its 500,000 banking points as part of its collaboration with the National Payments Corporation of India (NPCI)
• Airtel Payments Bank is the first payments bank in the country to offer this facility.
• The new facility will help business correspondents (BCs) of the bank to open an account just by undertaking face authentication e-KYC.
• The authentication is processed using a newly developed mobile application by the Unique Identification Authority of India (UIDAI), as a result, BCs will now only need a smartphone to open an account. The bank will make this facility available across all its five-lakh banking points by end of this year.
• This is Airtel Payments Bank’s one more initiative after it recently integrated with the National Payments Corporation of India’s (NPCI) – National Financial Switch (NFS) to facilitate Micro ATM transactions for debit card users residing beyond the metro and tier 1 cities in India.

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7. Which insurance company has introduced the group post-retirement medical benefit scheme?
A) Canara HSBC Life Insurance
B) Bharti AXA Life Insurance
C) Max Life Insurance
D) HDFC Life Insurance
E) Life Insurance Corporation of India
Answer: E) Life Insurance Corporation of India

• Life Insurance Corporation of India has introduced group post retirement medical benefit scheme.
• It is a non-linked, non-participating, life, group savings insurance product and employers meet obligation for post-retirement medical benefit to their employees. It also offers a fixed life cover benefit to each member.
• It is available for employers with 50 or more employees.

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Business and Economy – Daily Current Affairs May 02

8. Which two companies have received the approval of the capital markets regulator Sebi to raise funds through initial public offerings (IPOs)?
A) Tata Motors and Mahindra & Mahindra
B) Tata Consultancy Services and Infosys
C) Tata Power and Reliance Power
D) Tata Play and ideaForge Technology
E) Tata Chemicals and Hindustan Unilever
Answer: D) Tata Play and ideaForge Technology

• Two companies — Tata Play, formerly known as Tata Sky, and drone maker ideaForge Technology — have received capital markets regulator Sebi’s approval to raise funds through initial public offerings (IPOs).
• Tata Play, the first company in India to use the confidential pre-filing of draft papers option for an initial share sale in December 2022, obtained the regulator’s observation letter on April 26.
• ideaForge Technology’s public issue comprises a fresh issue of equity shares worth Rs 300 crore and an offer for sale of 48,69,712 equity shares by one of the promoters and existing shareholders.
• Founded in 2007, the Mumbai-based company ideaForge Technology has the largest operational deployment of indigenous Unmanned Aerial Vehicles (UAVs) across India, with its drones taking off every five minutes on average for surveillance and mapping.

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9. Which organization has signed an MoU with IHub-Data to support FinTech and TechFin entities?
A) RBI
B) SEBI
C) IRDAI
D) IFSCA
E) NABARD
Answer: D) IFSCA

• International Financial Services Centres Authority (IFSCA) and IHub-Data, IIIT Hyderabad signed an MoU at IIIT Hyderabad campus.
• This MoU aims to put in place a framework for cooperation and understanding between IFSCA and IHub-Data, IIIT Hyderabad to collaborate in supporting and facilitating FinTech and TechFin entities.
• This MoU will enable cooperation and collaboration on diverse initiatives regarding FinTech. FinTechs and TechFins registered with IHub-Data, IIIT Hyderabad may be facilitated to access IFSCA’s Regulatory and Innovation Sandbox and apply to the IFSCA (FinTech Incentive) Scheme 2022.
• IFSCA is responsible for the development and regulation of international
  financial services, including that of the insurance sector, in the IFSC, which is treated as a separate international financial jurisdiction, distinct from the rest of India. IFSCA aims to develop a strong global connect and focus on the needs of the Indian economy as well as to serve as an international financial platform at the regional/ global level.
• IHub-Data is a Technology Innovation Hub for Data Banks, Data Services, and Data Analytics (IHub-Data), which was established by IIIT Hyderabad under the National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS) scheme funded by Department of Science and Technology (DST) with an objective to bring closer different stakeholders – research community, academics, government officials, NGOs, industry leaders, incubating start-ups and social science critics -for enhancing or exploring mutual collaboration.

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Acquisitions and Mergers – Daily Current Affairs May 02

10. Which Mumbai-based non-banking financial company (NBFC) has been acquired by BharatPe, with a 51% stake?
A) Unnati Financial Services
B) Shriram City Union Finance
C) L&T Finance Holdings
D) Trillion Loans
E) Bajaj Finance Limited
Answer: D) Trillion Loans

• BharatPe has acquired a 51% stake in Trillion Loans, a Mumbai-based non-banking financial company (NBFC).
• Acquisition of a majority stake in the NBFC will help BharatPe address the credit gap for scores of local businesses and consumers.

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Books and Authors – Daily Current Affairs May 02

11. Who is the author of the book ‘Made in India: 75 Years of Business and Enterprise’?
A) RaghuramRajan
B) Amartya Sen
C) Amitabh Kant
D) Kaushik Basu
E) Arvind Subramanian
Answer: C) Amitabh Kant

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Awards – Daily Current Affairs May 02

12. Who has been conferred a BAFTA Fellowship for the year?
A) Priyanka Chopra
B) DeepikaPadukone
C) MeeraSyal
D) Aishwarya Rai Bachchan
E) Kareena Kapoor Khan
Answer: C) MeeraSyal

• Award-winning British-Indian playwright and actor MeeraSyal will be presented with a BAFTA (British Academy of Film and Television Arts) fellowship, the highest accolade bestowed upon an individual in recognition of an outstanding and exceptional contribution to film, games or television.
• Syal, who starred in hit BBC comedies, ‘Goodness Gracious Me’ and ‘The Kumars at No 42’, will be honoured at the BAFTA Television Awards, which will take place on May 14 at the Royal Festival Hall.
• The fellowship will be presented to her during the BAFTA Television Awards the Royal Festival Hall in London on May 14.

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Science and Technology – Daily Current Affairs May 02

13. How many satellites were launched to orbit on SpaceX’s 6th-ever Falcon Heavy mission?
A) 1
B) 2
C) 3
D) 4
E) 5
Answer: C) 3

• SpaceX launched its powerful Falcon Heavy rocket for the sixth time ever, sending three satellites to distant geostationary orbit.
• The Falcon Heavy carrier rocket was launched from NASA’s Kennedy Space Center in Florida.
• The primary payload was ViaSat-3 Americas, a 14,000-pound (6,400 kilograms) broadband satellite that will be operated by California-based company Viasat.
• The second satellite was Arcturus, a communications craft that will be operated by San Francisco-based Astranis Space Technologies.
• The third payload was GS-1, a cubesat that will be operated by Washington-based Gravity Space. GS-1’s primary mission involves providing communications for Internet of
• Things applications, though it will do some other things in orbit as well.
• The Falcon Heavy consists of three strapped-together first stages of SpaceX’s workhorse Falcon 9 rocket. The central booster is topped with an upper stage and the payload(s).
• Falcon Heavy debuted in February 2018 with a memorable test flight flight that sent SpaceX founder and CEO Elon Musk’s red Tesla Roadster into orbit around the sun with Starman, a spacesuit-clad mannequin, at the wheel.
• The burly rocket has now flown five more times since then, including twice in 2023. This year’s other mission, called USSF-67, was a mission for the U.S. Space Force that launched in January.

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International Affairs – Daily Current Affairs May 02

14. In which sea will the inaugural ASEAN-India Maritime Exercise (AIME) take place?
A) Indian Ocean
B) Arctic Ocean
C) Atlantic Ocean
D) Pacific Ocean
E) South China Sea
Answer: E) South China Sea

• In the expanding India-ASEAN (Association of South East Asian Nations) military cooperation, the maiden ASEAN-India Maritime Exercise (AIME) begin with war games in South China Sea.
• Navy Chief Adm. R. Hari Kumar is in Singapore for the exercise as well as to take part in the International Maritime Defence Exhibition (IMDEX-23) and International Maritime Security Conference (IMSC) being hosted by Singapore.
• INS Delhi, India’s first indigenously-built guided missile destroyer and INS Satpura, an indigenously-built guided missile stealth frigate will take part in the exercise.
• The ‘Harbour Phase’ of the exercise is scheduled to be held at Changi Naval Base from May 2-4 and ‘Sea Phase’ from May 7-8 in the South China Sea.
• The inaugural edition of the naval and maritime defence event IMDEX was held in 1997.
• Established in 2009, the IMSC is co-organised by Singapore Navy and S. Rajaratnam School of International Studies (RSIS). The conference brings together navy chiefs, coast guard director-generals, policy makers, strategic thinkers and maritime stakeholders to exchange ideas and discuss ways to enhance and foster mutual security in our maritime commons, the IMSC website states
• AIME is co-hosted by Singapore in its capacity as country coordinator for Asean-India Dialogue Relations from 2021 to 2024.

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National Affairs – Daily Current Affairs May 02

15. What is the name of the new flagship scheme launched by the Centre for the welfare of Scheduled Castes and Tribes?
A) PM Social Empowerment Mission for SCs and STs (PMSEMS)
B) PM Social Inclusion Mission for Welfare of SCs and STs (PMSIM)
C) PM Social Justice Mission for SCs and STs (PMSJMS)
D) PM Social Development Mission for SCs and STs (PMSDMS)
E) PM Social Equality Mission for SCs and STs (PMSEqM)
Answer: B) PM Social Inclusion Mission for Welfare of SCs and STs (PMSIM)

• The Centre is all set to launch a new flagship mission to implement targeted schemes for the socially and economically backward Scheduled Castes and Scheduled Tribes to provide skill development, livelihood opportunities and better access to quality education and entrepreneurial development.
• The new mission – named PM Social Inclusion Mission for Welfare of SCs and STs (PMSIM) – will be a ₹2.5 lakh crore mission which will directly fund schemes benefitting individuals belonging to SCs and STs (including scholarships and skilling programmes) and habitations in villages with over 50% SC and ST population.
• The mission will subsume two major programmes – Development Action Plan for Scheduled Castes and Scheduled Tribe Component – of the Centre. The two programmes required 41 central ministries and departments to allocate at least the population proportion of Budget outlay – which is 16.6% for Scheduled Castes and 8.6% for Scheduled Tribes – for targeted schemes for SCs and STs.

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16. Which two ships were handed over by Defence Minister Rajnath Singh to the Maldives National Defence Forces (MNDF)?
A) Aircraft Carrier and Frigate
B) Submarine and Destroyer
C) Fast Patrol Vessel and Landing Craft Assault ship
D) Cruiser and Amphibious Assault Ship
E) Minesweeper and Torpedo Boat
Answer: C) Fast Patrol Vessel and Landing Craft Assault ship

• Defence Minister Rajnath Singh handed over a Fast Patrol Vessel and a Landing Craft Assault ship to the Maldives National Defence Forces (MNDF).
• The Fast Patrol Vessel, capable of coastal and offshore surveillance at high speeds, was commissioned as MNDF Coast Guard ship Huravee.
• President of Maldives Ibrahim Mohamed Solih and Defence Minister Mariya Ahmed Didi were present on the occasion.
• In 2021, India extended a $50 million line of credit to the Maldives for defence projects, and the two countries signed a pact to develop the harbour at UthuruThilaFalhu.
• In August 2022, Prime Minister Narendra Modi and Maldivian President Solih kick-started the India-funded Greater Male Connectivity Project (GMCP), billed as the largest
• infrastructure initiative in the island nation.
• Under the project, a 6.74-km-long bridge and causeway link will be built to connect Maldivian capital Male with the adjoining islands of Villingli, Gulhifalhu and Thilafushi.

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17. What is the name of the scheme launched by the Department of Expenditure, Ministry of Finance, for providing relief to Micro, Small and Medium Enterprises (MSMEs) for the COVID-19 period?
A) Vivad se Vishwas II – MSME Relief Scheme
B) Vivad se Vishwas III – Economic Relief Scheme for MSMEs
C) Vivad se Vishwas I – Relief to MSMEs
D) Vivad se Vishwas IV – COVID-19 MSME Support Scheme
E) Vivad se Vishwas V – Business Support Scheme for MSMEs
Answer: C) Vivad se Vishwas I – Relief to MSMEs

• The Department of Expenditure, Ministry of Finance, has launched the scheme, “Vivad seVishwas I – Relief to MSMEs” for providing relief to Micro, Small and Medium Enterprises (MSMEs) for COVID-19 period. The scheme was announced in the Union Budget 2023-24 by Union Finance Minister Smt. Nirmala Sitharaman.
• Under the scheme, Ministries have been asked to refund performance security, bid security and liquidated damages forfeited/ deducted during the COVID-19 pandemic.
• Certain relief has also been provided to MSMEs debarred for default in execution of contracts during the COVID-19 period.
• The Ministry of Finance, through this scheme, decided to give following additional benefits to eligible MSMEs, affected during the COVID-19 period:
  • 95% of the performance security forfeited shall be refunded.
  • 95% of the Bid security shall be refunded.
  • 95% of the Liquidated Damages (LD) deducted shall be refunded.
  • 95% of the Risk Purchase amount realized shall be refunded.
  • In case any firm has been debarred only due to default in execution of such contracts, such debarment shall also be revoked, by issuing an appropriate order by the procuring entity. However, in case a firm has been ignored for placement of any contract due to debarment in the interim period (i.e. date of debarment and the date of revocation under this order), no claim shall be entertained.
  • No interest shall be paid on such refunded amount.
• As per the Office Memorandum issued by the Department of Expenditure to Secretaries of all the Ministries/ Departments of Government of India and Chief Secretaries/ Administrators of Union Territories, relief will be provided in all contracts for procurement of Goods and Services, entered into by any Ministry/ Department/ attached or subordinate office/ autonomous body/ Central Public Sector Enterprise (CPSE)/ Central Public Sector Banks/ Financial Institution etc. with MSMEs, which meet the following criteria:
  • Registered as a Medium, Small or Micro Enterprise as per relevant scheme of Ministry of MSME on the date of claim by supplier/ contractor. MSME could be registered for any category of Goods and Services.
  • The original delivery period/ completion period stipulated in contract was between 19.02.2020 and 31.03.2022 (both dates are inclusive).
• Government e-Marketplace (GeM) has developed a dedicated web-page for implementation of this scheme. Eligible claims shall be processed only through GeM.

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18. Which laboratory of the Defence Research and Development Organisation (DRDO) has designed and developed a vertical shaft-based underground ammunition storage facility?
A) Centre for Airborne Systems (CABS)
B) Centre for Artificial Intelligence and Robotics (CAIR)
C) Centre for Fire, Explosive and Environment Safety (CFEES)
D) Centre for Military Airworthiness and Certification (CEMILAC)
E) Defence Avionics Research Establishment (DARE)
Answer: C) Centre for Fire, Explosive and Environment Safety (CFEES)

• A Delhi-based laboratory of the Defence Research and Development Organisation (DRDO), Centre of Fire, Explosive and Environment Safety (CFEES), has designed and developed a vertical shaft-based underground ammunition storage facility.
• The trial of the storage structure was successfully conducted on April 30 in the presence of the Armed Forces by detonating 5,000 kg of TNT in one of the chambers of the underground facility.
• This facility is designed to ensure an explosion within which will not cause damage to the adjacent chamber and also ensure full operability of the remaining facility.
• The facility is aimed at enabling upward vertical dissipation of blast effects, considerably reducing the blast effect on surrounding utilities.
• Also, The Indian Navy and Defence Research & Development Organisation (DRDO) conducted a successful maiden test trial of ‘ADC-150’ from an IL 38SD aircraft off the coast of Goa.
• The ‘ADC-150’ is an indigenously designed and developed ‘Air Droppable Container’ with a 150 kg payload capacity.
• The trial was conducted to enhance naval operational logistics capabilities to meet the requirement of engineering stores for ships (under distress), which are deployed more than 2,000 kms from the coast.
• The ‘ADC-150’ reduces the requirement for ships to come close to the coast to collect spares and stores.
• Three DRDO laboratories – Naval Science & Technological Laboratory (NSTL), Visakhapatnam; Aerial Delivery Research & Development Establishment (ADRDE), Agra and Aeronautical Development Establishment (ADE), Bengaluru contributed to the development of the ADC-150 container.
• The crucial flight clearance certification was given by the Regional Center for Military Airworthiness (RCMA), Kanpur, headed by the Centre for Military Airworthiness & Certification (CEMILAC), Bengaluru.

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19. Who digitally launched ” HinduhrdaysamratBalasaheb Thackeray AapalaDawakhana ” in 317 taluks of Maharashtra?
A) Uddhav Thackeray
B) EknathShinde
C) Sharad Pawar
D) DevendraFadnavis
E) Aaditya Thackeray
Answer: B) EknathShinde

• Maharashtra Chief Minister EknathShinde digitally launched “Hindu hrdaysamratBalasaheb Thackeray AapalaDawakhana” in 317 taluks of the state.
• Under the scheme, the needy would get treatment facilities near home. Around 30 tests will be conducted free of cost

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