Daily Current Affairs May 15

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 15. 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 15| Daily Current Affairs 2023

Important Days – Daily Current Affairs May 15

1. On which date is the International Day of Families observed every year?
A) March 8
B) April 7
C) May 1
D) May 15
E) June 21
Answer: D) May 15

• International Day of Families is celebrated annually on May 15th to promote the importance of families and their significant role in society.
• The International Day of Families was established by the United Nations.
• Theme: Demographic Trends and Families
• 1st Ever year: 1994

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Sports – Daily Current Affairs May 15

2. Who became the 82nd Grandmaster of India from Telangana?
A) Surya ShekharGanguly
B) Viswanathan Anand
C) ViditGujrathi
D) PentalaHarikrishna
E) PrraneethVuppala
Answer: E) PrraneethVuppala

• Telangana’s PrraneethVuppala has become India’s 82nd Grandmaster after he achieved the required 2,500 FIDE rating points during the Baku Open tournament.
• The State chess player had already achieved three GM norms earlier and needed to cross 2,500 rating points.
• He got the required points after defeating GM Hans Niemann of the USA in the penultimate round of the Baku Open.
• Prraneeth is now the sixth Grandmaster from the State of Telangana.
• Prraneeth earned his first GM norm in March 2022 and achieved the International Master title. Four months later in July 2022, he earned his second GM norm at Biel MTO. He achieved his third and final GM norm at the Formentera Sunway International Chess Festival in Spain in April.
• Prraneeth will next participate in Asian Continental championship to be held in Almaty, Kazakhstan from June 3.

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3. How many medals did India win at the ISSF World Cup Baku 2023?
A) Two medals
B) Three medals
C) Four medals
D) Five medals
E) Six medals
Answer: C) Four medals

• Indian rifle and pistol shooters finished the ISSF World Cup 2023 in Baku, Azerbaijan, with four medals.
• In the overall medals tally, India finished its campaign in second behind China (7 medals; 4 Gold 1 sliver 2 Bronze) with one gold, two silvers and one bronze.

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Ranking – Daily Current Affairs May 15

4. What is the rank of Mumbai in Prime Global Cities Index (PGCI) Q1 2023?
A)2
B)3
C)4
D)5
E)6
Answer: E)6

• Released By: Knight Frank
• Total Cities: 46

• Mumbai moved up from the 38th rank in Q1 2022 to the sixth rank in Q1 2023
• Bengaluru and New Delhi also witnessed an upward movement in index ranking to 16th and 22nd ranks from their previous 37th and 39th ranks, respectively, in the first quarter of 2022 calendar year.

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Banking and Finance – Daily Current Affairs May 15

5. Which payment network has introduced the CVV (Card Verification Value) free payment experience for its tokenized cardholders?
A) Visa
B) Mastercard
C) American Express
D) RuPay
E) Discover
Answer: D) RuPay

• RuPay has now introduced the CVV (Card Verification Value) free payment experience for its debit, credit and prepaid cardholders who have tokenized their cards on the merchant application or webpage.
• Tokenization is a simple technology to secure card transactions without sharing clear or real card details with the merchants.
• National Payments Corporation of India (NPCI) was incorporated in 2008 as an umbrella organization for operating retail payments and settlement systems in India.
• This new CVV less experience ensures that the cardholder will not have to reach out to their wallet or remember any card details, if they have saved (tokenized) their card on the e-commerce merchant which supports this feature.
• RuPay, India’s own homegrown card network serving millions of Indians, is driven by the idea of solving and reducing friction for customers. RuPay went live on Card on File Tokenization in 2021, in line with RBI’s guidelines, for its domestic e-commerce transactions to ensure better security for all its cardholders.

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6. Which exchange has launched the rupee-denominated NYMEX WTI Crude Oil and Natural Gas futures contracts in its commodity derivatives segment?
A) Bombay Stock Exchange (BSE)
B) London Stock Exchange (LSE)
C) Shanghai Stock Exchange (SSE)
D) National Stock Exchange (NSE)
E) New York Stock Exchange (NYSE)
Answer: D) National Stock Exchange (NSE)

• The National Stock Exchange (NSE) launched rupee denominated futures contracts on underlying NYMEX WTI crude oil and natural gas in its commodity derivatives segment.
• This came after the exchange, in March, received approval from markets regulator Securities and Exchange Board of India (Sebi) to launch these contracts.
• The addition of these contracts has expanded NSE’s product offering in the energy basket as well as its overall commodity segment. The launch of these contracts will provide effective trading and hedging opportunities to the market participants, with the availability of key energy products on a single trading platform.
• WTI is the underlying commodity of the New York Mercantile Exchange’s (NYMEX) oil futures contract. Further, crude oil derivatives (Brent and WTI) are the most traded products in the commodity derivative space.
• In February, NSE has signed a data licensing agreement with CME group allowing NSE to list, trade and settle rupee denominated NYMEX WTI Crude Oil and Natural Gas derivatives contracts on its platform.

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7. What is the name of the debt fund launched by ICICI Prudential Life Insurance?
A) ICICI Pru Growth Fund
B) ICICI Pru Balanced Fund
C) ICICI Pru Constant Maturity Fund
D) ICICI Pru Equity Fund
E) ICICI Pru Income Fund
Answer: C) ICICI Pru Constant Maturity Fund

• ICICI Prudential Life Insurance announced the launch of a debt fund called as ‘ICICI Pru Constant Maturity Fund’ which will enable customers to lock-in their investments at current interest rates.
• This fund is available for investments with the company’s flagship Unit Linked Insurance Plans (ULIP).
• ULIPs provide customers with a proposition of life cover, financial security to the family and facilitate building wealth over the long-term.
• Investments in ULIPs provide tax benefits. If annual investments made are up to ₹2.5 lakh and with a life cover of 10 times the annual premium, maturity proceeds are tax-free for customers.
• Customers have the option of investing in this fund through the company’s ULIP offerings like ICICI Pru Signature, ICICI Pru Smart Life and ICICI PruLifeTime Classic. .
• It Is the first such fund in the life insurance market.
• this investment is locked up for a minimum of 5 years with the flexibility to switch between fund options, it would enable investors to build wealth.

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Business and Economy – Daily Current Affairs May 15

8. What was the WPI (Wholesale Price Index) inflation rate in April?
A) 1.5%
B) 0.92%
C) 3%
D) (-) 0.92%
E) (-) 2%
Answer: D) (-) 0.92%

• Wholesale price-based inflation declined to -0.92 per cent in April on an annual basis from 1.34 per cent in March, the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry said.
• WPI inflation eases to 34-month low of -0.92% in April.
• April is the 11th straight month when wholesale price index (WPI) based inflation has declined.
• In June 2020, WPI was at (-) 1.81 per cent.
• WPI inflation was 1.34 per cent in March and 15.38 per cent in April last year.
• Fuel and power basket inflation eased to 0.93 per cent in April from 8.96 per cent in March.
• Inflation in manufactured products declined to -2.42 per cent in April from -0.77 per cent in March and 1.94 per cent in February.

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9. Which company has set up the National Energy Management Centre (NEMC) at its office?
A) BEL
B) REMC Ltd.
C) National Energy Corporation (NEC)
D) Energy Management Solutions Ltd. (EMSL)
E) National Energy Resources Ltd. (NERL)
Answer: B) REMC Ltd.

• REMC Ltd, a subsidiary of RITES Ltd., has set up a National Energy Management Centre (NEMC) at its office.
• Shri Naveen Gulati, Member Traction & Rolling Stock, Railway Board inaugurated the
• state-of-the-art NEMC.
• The NEMC will be pivotal for energy data collection from the 17 State Energy
• Management Centres (SEMCs) operating across the Railways.
• Other features of the NEMC are:
  • Single Window Service to Indian Railways
  • Optimised Scheduling & Forecasting
  • Integration of Generation profiles of Generators of Conventional/Renewable Power
  • Advising Real Time Schedule, Declared Capacity Revision and Exchange Power
  • Optimisation of Un-Requisition Surplus Power to Indian Railways
• REMC Ltd. is a subsidiary of RITES Limited with 51% stake and the rest 49% is held by Indian Railways. It is in the business of Power Management and Power Generation.
• RITES Limited is a Miniratna (Category – I) Schedule ‘A’ Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach.

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Appointments – Daily Current Affairs May 15

10. Who has been elected as the next Director General of the International Organization for Migration?
A) John Smith
B) Amy Pope
C) Emma Johnson
D) Carlos Rodriguez
E) Sophie Brown
Answer: B) Amy Pope

• The Member States of the International Organization for Migration, the United Nations Migration Agency, elected Ms. Amy E. Pope as its next Director General during the 6th Special Session of the IOM Council against the Portuguese incumbent Antonio Vitorino.
• Established in 1951, the International Organization for Migration (IOM) is the leading intergovernmental organization in the field of migration and is committed to the principle that humane and orderly migration benefits migrants and society. IOM is part of the United Nations system, as a related organization.
• The first woman to lead IOM, Ms. Pope will assume the duties of Director General for a five-year term beginning on 1 October 2023.
• Prior to joining IOM, Ms. Pope served as the Senior Advisor on Migration to President Biden in 2021, Deputy Assistant to the President and Deputy Homeland Security Advisor from 2015-2017, and as Special Assistant to the President and Senior Director on Transborder Security from 2013-2015.
• She had previously served as Deputy Director General for Management and Reform at IOM under the leadership of Antonio Vitorino who took office in 2018.

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11. Who has been appointed as Slovakia’s caretaker prime minister?
A) JozefKuciak
B) Robert Fico
C) Igor Matovič
D) Zuzana Čaputová
E) LudovitOdor
Answer: E) LudovitOdor

• Slovak President Zuzana Caputova appointed LudovitOdor prime minister, tasking his cabinet with leading the country to an early election in September.
• Odor, 46, is a respected, politically independent economist coming from the euro zone country’s central bank board.
• He was on the central bank’s board in 2006-2010, returning as vice-governor in 2018.
• He was also adviser to a centre-right prime minister in 2012-2012.
• Michal Horvath, the Slovak central bank’s chief economist, was appointed as finance minister.

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International Affairs – Daily Current Affairs May 15

12. Which country will host the annual ASEAN Tourism Forum in 2024?
A) Thailand
B) Vietnam
C) Cambodia
D) Laos
E) Malaysia
Answer: D) Laos

• Lao will host the annual ASEAN Tourism Forum in 2024, which will take place in the Lao capital Vientiane on Jan. 22-27.
• The theme of the forum will be “Quality and Responsible Tourism — Sustaining ASEAN Future”.
• Laos previously hosted the ASEAN Tourism Forum in 2004 and 2013.

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13. Where did the Sixth Edition of the Indian Ocean Conference take place?
A) Mumbai
B) Colombo
C) Jakarta
D) Dhaka
E) Male
Answer: D) Dhaka

• The Sixth Edition of the Indian Ocean Conference took place in Dhaka, Bangladesh.
• The Indian Ocean Conference is a flagship consultative forum of the Indian Ocean countries to deliberate upon the prospects of regional cooperation for Security and Growth for All in Region (SAGAR).
• This process began in 2016.
• More than 150 participants from 25 countries participated in the conference.
• The conference was organised by the Indian Foundation, supported by the Ministry of External Affairs and the Bangladesh government.
• The theme of the conference was “Peace, Prosperity, and Partnership for a Resilient Future.”
• The conference was inaugurated by the PM ofBangladesh, Sheikh Hasina.
• External Affairs Minister Dr S. Jaishankar also participated in this conference.

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14. Which member organisation adopted India’s proposal to support the development and adoption of the country’s digital public infrastructure (DPI)?
A)G20
B)G7
C)ASEAN
D)BRICS
E)SCO
Answer: E)SCO

• The Shanghai Cooperation Organisation (SCO) adopted India’s proposal to support the development and adoption of the country’s digital public infrastructure (DPI).
• India has developed Digital Public Infrastructure (DPI) like unified payment interface, Aadhaaretc to make services available to people in a convenient manner.
• The SCO comprises eight Member States (China, India, Kazakhstan, Kyrgyzstan, Russia, Pakistan, Tajikistan and Uzbekistan), four Observer States interested in acceding to full membership (Afghanistan, Belarus, Iran, and Mongolia) and six ‘Dialogue Partners’ (Armenia, Azerbaijan, Cambodia, Nepal, Sri Lanka and Turkey).
• Currently, BHIM UPI QR has already gained acceptance in Singapore, UAE, Mauritius, Nepal and Bhutan.

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National Affairs – Daily Current Affairs May 15

15. Which Indian Minister attended the India Trilateral Forum in Sweden?
A) Prime Minister Narendra Modi
B) Finance Minister Nirmala Sitharaman
C) External Affairs Minister S. Jaishankar
D) Home Minister Amit Shah
E) Defence Minister Rajnath Singh
Answer: C) External Affairs Minister S. Jaishankar

• External Affairs Minister S Jaishankar visited Sweden to participate in the EU Indo-Pacific Ministerial Forum and conducted several high-level discussions.
• EAM Jaishankar attends India Trilateral Forum in Sweden included India, Europe, and the US.
• Sweden, which currently holds the Presidency of the Council of the European Union.
• Jaishankar is on a three-day visit to Sweden to participate in the EU Indo-Pacific Ministerial Forum (EIPMF).
• Jaishankar’s visit to Sweden is his first as the external affairs minister.
• From Sweden, Jaishankar will head to Brussels for the first meeting of the India-EU Trade and Technology Council, where he will be joined by Minister of Commerce and Industry, Consumer Affairs & Food & Public Distribution and Textiles Piyush Goyal and Minister of Railways, Communications, Electronics and Information Technology Ashwini Vaishnaw.

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16. Which initiative of the Ministry of Defence has signed its 250th contract under Mission DefSpaceand 100th SPRINT (Navy) contract?
A) Make in India
B) Innovations for Defence Excellence (iDEX)
C) Defence Research and Development Organization (DRDO)
D) Defence Procurement Procedure (DPP)
E) Defence Technology Startup Program (DTSP)
Answer: B) Innovations for Defence Excellence (iDEX)

• Innovations for Defence Excellence (iDEX), the flagship initiative of the Ministry of Defence, has signed its 250th contract — the first under Mission DefSpace — and 100th SPRINT (Navy) contract in New Delhi.
• The first iDEX contract of Mission DefSpace was exchanged between Additional Secretary (Defence Production) and CEO Defence Innovation Organisation (DIO) T. Natarajan and CEO of InspeCity, ArindrajitChowdhary, one of the winners of the ‘Micropropulsion system for CubeSats’ challenge.
• This challenge is being led by the Defence Space Agency.
• Cubesats are a class of smallsats, which are modular; low-cost, easy to manufacture, integrate, and launch; and form a critical component for launch-on-demand capabilities.
• InspeCity is developing a gas-based system for this purpose. This technology, once developed, can be integrated with other satellites, including the CubeSat swarm being developed under Mission DefSpace
• The 100th SPRINT (Navy) contract was exchanged between AS (DP) & CEO-DIO and CEO, Siliconia Technologies Sushil EknathGhule.
• Siliconia Technologies is the winner of the challenge which envisaged the development of a prototype that is a lightweight ASIC (Application-Specific Integrated Circuit) based communication system using software defined antenna for low earth orbit, medium earth orbit and geostationary satellite communication. The solution by Siliconia can provide multiple independent receiver/ transmitter sources that are essential in phased-array radars, typically used in satellite tracking.
• Under the ‘SPRINT’ initiative, a total of 75 challenge statements for the Indian industry were unveiled by the Prime Minister during the Naval Innovation and Indigenisation Organisation (NIIO) seminar ‘Swavlamban’ on July 18, 2022. The initiative aims at inducting at least 75 technologies/ products into the Indian Navy by August 2023 as part of ‘AzadikaAmritMahotsav’.
• The iDEX achieved the milestone of signing its 1st and 50th iDEX SPRINT contracts under DISC-7 in October 2022 and January 2023 respectively and within a few months the 100th SPRINT (Navy) contract was exchanged.
• The iDEX framework was launched by the Prime Minister in 2018 with the objective to provide the platform of co-creation and co-development in the defence sector. It aims to engage start-ups to contribute to the defence sector and develop defence and aerospace setup in the country. iDEX is being implemented by DIO, established under the Department of Defence Production, MoD.

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17. Who launched the mobile application “Meri LiFE” (My life) to empower young people and encourage their participation in tackling climate change?
A) Narendra Modi
B) Bhupender Yadav
C) Rahul Gandhi
D) Amit Shah
E) Arvind Kejriwal
Answer: B) Bhupender Yadav

• To catalyze youth action for climate change as a build up to June 5, World Environment Day, Union Minister for Environment, Forest, and Climate Change Shri Bhupender Yadav launched a mobile application, called “Meri LiFE” (My life).
• This app is inspired by the concept of LiFE, envisioned by the Prime Minister at COP 26, which emphasizes mindful and deliberate utilization instead of mindless and wasteful consumption.
• Mission LiFE (Lifestyle for Environment) was launched by The Prime Minister on 20 October 2022 at Kevadia, Gujarat and focuses on bringing about behaviour changes in individuals through simple easy to do actions.
• The Ministry of Environment, Forest and Climate Change is the nodal ministry for national-level coordination and implementation of Mission LiFE.
• The Ministry has developed two dedicated portals for LiFE, in order to create a structured reporting format that can track the progress being made on LiFE.
• The Mission LiFE Portal (missionlife-moefcc.nic.in) is open access and can be used to download the 100+ creatives, videos, and knowledge materials that have been developed by the ministry for LiFE.
• The Meri LiFE Portal (merilife.org) has been developed for ministries and institutions to upload event reports and capture the progress of the mass mobilisation drive.

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18. Which state has launched the ‘e-Chits’ app to regulate chit funds through online-only transactions?
A) Maharashtra
B) Tamil Nadu
C) Andhra Pradesh
D) Karnataka
E) Kerala
Answer: C) Andhra Pradesh

• Aimed at financially protecting chit fund companies’ subscribers amid alleged scams, the Andhra Pradesh government introduced an electronic service delivery system, e-Chits’ to regulate and usher in transparency in the sector.
• It developed with the coordination between Andhra Pradesh Revenue, Registration and Stamps department.
• This policy helps prevent fraud by chit fund companies and avoid loss to subscribers.
  the initiative through which transactions can be done only online, will enable the registration department officials to verify subscribers and only then give approval.
• It also used to Subscribers can verify whether a chit run by a company is registered with the authorities or not.

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