Daily Current Affairs May 21

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May 21 | Daily Current Affairs 2024

Important Days – Daily Current Affairs May 21

1. What is the primary aim of observing International Tea Day annually on May 21?
A) To celebrate the cultural significance of tea in India
B) To raise awareness about the health benefits of tea
C) To promote and foster collective actions supporting sustainable tea production
D) To encourage the consumption of different varieties of tea
E) To honor the history of tea in the Indian independence movement
Answer: C) To promote and foster collective actions supporting sustainable tea production

Event and Location:

• International Tea Day is observed annually on May 21.
• Location: Celebrations and seminars are organized globally, involving over 150 representatives from tea organizations.

Mandates and Objectives:

• The day aims to raise awareness about the cultural and economic significance of tea.
• Promote sustainable production of tea.
• Foster collective actions to implement activities supporting tea sustainability.
• Address urgent issues such as residency, climate change impact, technology, and industry trends.
• Pay homage to the workers of the tea industry.

Important Terms Explained:

• Tea Board of India: The governing body promoting the sustainable production and trade of tea.
• United Nations: An international organization supporting the observance of International Tea Day.

Static GK Information:

Date and History:

• International Tea Day was launched in 2005.
• First celebrated in New Delhi, with subsequent celebrations in Sri Lanka (2006 and 2008).
• Proposed by Chairperson Santosh Kumar Sarangi with support from Canada, the United States, the European Union, Sri Lanka, China, Japan, Kenya, and Malawi.
• Focuses on the global tea trade impact on workers, farmers, and the need for price support and fair trade.

Health Benefits of Tea:

1. Lower Cholesterol

• Contains antioxidants that help alleviate high cholesterol levels, contributing to better heart health.

2. Reduced Risk of Hyperglycemia

• Antioxidants help maintain stable blood sugar levels, lowering the risk of high blood sugar.

3. Lower Risk of Cancer

• Polyphenols in green and black teas help regulate cancer cell growth and survival.

4. Better Sleep Quality and Lower Risk of Depression

• Certain teas, like chamomile, promote relaxation and better sleep quality.

5. Boosted Immune System and Reduced Inflammation

• Regular tea consumption enhances the immune system and fights inflammation.

Varieties of Tea:

• Chamomile Tea: Calms, improves sleep quality, lowers blood sugar, inflammation, and cold symptoms.
• Ginger Tea: Alleviates nausea, supports heart health, and balances blood sugar levels.
• Green Tea: Aids in weight loss, protects against neurodegenerative diseases, supports bone health, and lowers cholesterol.
• Peppermint Tea: Eases digestive issues, relieves tension headaches, and provides fresh breath.
• Lemon Balm Tea: Improves mood, prevents cognitive decline, decreases anxiety levels, and supports gastrointestinal health.

Tabular Summary:

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2. What is the main purpose of World Day for Cultural Diversity for Dialogue and Development?
A) Promote cultural festivals
B) Highlight economic impact
C) Emphasize intercultural dialogue
D) Celebrate youth contributions
E) Recognize women’s achievements
Answer: C) Emphasize intercultural dialogue

Event and Location:

• World Day for Cultural Diversity for Dialogue and Development is celebrated annually on May 21.
• Location: Celebrated globally to highlight the importance of cultural diversity and intercultural dialogue.

Mandates and Objectives:

• Highlight the richness of the world’s cultures.
• Emphasize the essential role of intercultural dialogue in achieving peace and sustainable development.
• Recognize the cultural and creative sector as a powerful engine of development.
• Promote the integration of cultural diversity in public policies and international cooperation.

Important Terms Explained:

• UNESCO: United Nations Educational, Scientific and Cultural Organization; promotes world peace and security through international cooperation in education, arts, sciences, and culture.
• MONDIACULT 2022: The largest world conference devoted to culture, held in Mexico in September 2022, where delegates adopted the Declaration for Culture.
• Universal Declaration on Cultural Diversity: A declaration adopted by UNESCO in 2001 to promote cultural diversity.

Static GK Information:

Date and History:

• Adoption by UNESCO: 2001
• UN General Assembly Declaration: December 2002
• First Celebration: May 21, following the 2002 declaration
• MONDIACULT 2022: Historic conference affirming culture as a global public good, aiming to integrate it into the development agenda beyond 2030.

Importance of Intercultural Dialogue:

• Conflict Resolution: Nearly 90% of current conflicts occur in countries with low intercultural dialogue, underscoring its importance in fostering cooperation and peace.
• Cultural and Creative Sector:
  • Accounts for over 48 million jobs globally.
  • Nearly half of these jobs are held by women.
  • Provides the largest number of opportunities for young people under 30.

Significance of the Cultural Sector:

• Economic Impact: Recognized as a powerful engine of development by UNESCO.
• Public Policy: Despite its significance, the cultural and creative sector often lacks adequate recognition in public policies and international cooperation.

Cultural Diversity and Development:

• Global Public Good: The Declaration for Culture (adopted at MONDIACULT 2022) calls for culture to be integrated as a specific goal in the global development agenda.
• Sustainable Development: Emphasizes that cultural diversity is crucial for achieving sustainable development and peace.

Tabular Summary:

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Sports – Daily Current Affairs May 21

3. Who set a world record and won gold at the World Para Athletics Championships 2024 in the women’s 400m T20 category?
A) Orawan Kaising
B) Niina Kanno
C) Preethi Pal
D) Deepthi Jeevanji
E) Nishad Kumar
Answer: D) Deepthi Jeevanji

Event and Location:

• Event: World Para Athletics Championships 2024
• Location: Kobe, Japan

Mandates and Objectives:

• Showcase the achievements of para athletes on an international stage.
• Promote inclusivity and recognition of athletes with disabilities.
• Encourage participation and excellence in para sports.

Important Terms Explained:

• Para Athletics World Championship: A major international competition for athletes with disabilities, organized by the International Paralympic Committee (IPC).
• Women’s 400m T20 Category: A track event for female para athletes with intellectual impairments.

Static GK Information:

Deepthi Jeevanji’s Achievements:

• World Record: 55.06 seconds in the women’s 400m T20 category.
• Gold Medal: Won at the Para Athletics World Championship 2024.
• Asian Record: Set during the qualifying round with a time of 56.18 seconds.
• Asian Para Games 2023: Won gold in the women’s 400m T20 event.

Other Indian Athletes’ Achievements:

• Yogesh Kathuniya: Won silver in the men’s F56 discus throw (41.80 meters).
• Preethi Pal: Won bronze in the women’s 200m T35 category.
• Nishad Kumar: Achieved a season-best mark of 1.99 meters in the men’s high jump T47 final.
• Ram Pal: Finished sixth in the men’s high jump T47 with a season-best jump of 1.90 meters.

Achievements of Other Athletes:

• Orawan Kaising (Thailand): Silver in the women’s 400m T20 at the Asian Para Games 2023.
• Niina Kanno (Japan): Bronze in the women’s 400m T20 at the Asian Para Games 2023.

Significance:

• Recognition: Celebrates the accomplishments of para athletes.
• Inspiration: Encourages participation in sports among people with disabilities.
• National Pride: Highlights the achievements of Indian athletes on a global platform.

Tabular Summary:

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4. Who reclaimed the number one spot in the BWF Rankings after winning the Thailand Open?
A) Tanisha Crasto and Ashwini Ponnappa
B) Satwiksairaj Rankireddy and Chirag Shetty
C) Chen Bo Yang and Liu Yi
D) HS Prannoy and Mads Christensen
E) Meiraba Luwang Masnam
Answer: B) Satwiksairaj Rankireddy and Chirag Shetty

Event and Location:

• Event: Thailand Open
• Location: Thailand

Mandates and Objectives:

• Compete in the Thailand Open and aim for the title.
• Regain the number one spot in the BWF Rankings.
• Maintain strong performance throughout the tournament to secure victory.

Important Terms Explained:

• Badminton World Federation (BWF) Rankings: The official rankings of international badminton players and pairs, determining their global standing based on performance in tournaments.
• Thailand Open: An annual badminton tournament that is part of the BWF World Tour.

Static GK Information:

Satwiksairaj Rankireddy and Chirag Shetty’s Achievements:

• Thailand Open Title: Won the men’s doubles final against China’s Chen Bo Yang and Liu Yi with a score of 21-15, 21-15.
• BWF Ranking: Reclaimed the number one spot with 99,670 points.
• Past Victories: Secured their second Thailand Open title, with the first win in 2019.
• Other Titles: Won the French Open earlier in the year.

Additional Notable Ranking Changes:

• Tanisha Crasto and Ashwini Ponnappa: Climbed two spots to reach number 19 after reaching the semifinals of the Thailand Open.
• Meiraba Luwang Masnam: Climbed 13 spots to reach world number 71 after reaching the quarterfinals and defeating world number nine HS Prannoy.

Tabular Summary:

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5. Who won the men’s singles title at the 2024 Italian Open?
A) Novak Djokovic
B) Rafael Nadal
C) Nicolas Jarry
D) Alexander Zverev
E) Mate Pavic
Answer: D) Alexander Zverev

Event and Location:

• Event: Italian Open
• Location: Rome, Italy

Mandates and Objectives:

• Compete in the Italian Open, part of the ATP Masters 1000 and WTA 1000 series.
• Secure victories in singles and doubles categories.

Important Terms Explained:

• ATP Masters 1000: A series of nine tennis tournaments that are part of the Association of Tennis Professionals (ATP) tour.
• WTA 1000: A series of nine tennis tournaments that are part of the Women’s Tennis Association (WTA) tour.

Static GK Information:

Alexander Zverev’s Achievements:

• Title: Men’s Singles
• Opponent: Nicolas Jarry
• Score: 6-4, 7-5

Notable Past Wins:

• First Italian Open title in 2017 by defeating Novak Djokovic.
• Tokyo Olympic gold medalist.
• Total of eight Masters titles.

Iga Swiatek’s Achievements:

• Title: Women’s Singles
• Opponent: Aryna Sabalenka
• Score: 6-2, 6-3
• Career Titles: 21
• Italian Open Wins: Third title in the last four years.

Doubles Winners:

• Men’s Doubles: Marcell Granollers (Spain) and Horacio Zeballos (Argentina)
• Women’s Doubles: Sara Errani and Jasmine Paolini (Italy)

About the Italian Open:

• Edition: 81st
• Duration: May 6-19, 2024
• Surface: Clay
• Significance: Part of the ATP Masters 1000 and WTA 1000 series.

Tabular Summary:

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Banking and Finance – Daily Current Affairs May 21

6. What is expected to result from the new commission norms issued by IRDAI?
A) Increased premiums
B) Decreased transparency
C) More competitive premiums
D) Higher agent commissions
E) Reduced ethical standards
Answer: C) More competitive premiums

Event and Location:

• Event: Implementation of new commission norms by IRDAI
• Location: Hyderabad, India

Mandates and Objectives:

• Introduce fair and transparent commission structures.
• Ensure intermediaries act in the best interests of customers.
• Foster ethical conduct and strong governance within the insurance industry.
• Promote cost efficiencies and competitive premium rates.

Important Terms Explained:

• IRDAI: Insurance Regulatory and Development Authority of India, the regulatory body overseeing the insurance industry in India.
• Commission Norms: Guidelines regulating the payment of commissions to insurance agents and intermediaries to ensure fairness and transparency.
• Board-Approved Policies: Policies approved by the board of directors of insurance companies, focusing on ethical conduct and compliance.

Static GK Information:

Details of the New Norms:

• Mandated by IRDAI: The new norms on commission payments aim to create fair and reasonable commission structures.

Key Features:

• Board-approved policies for ethical conduct.
• Enhanced governance and detailed reporting to increase accountability and transparency.
• Regular reviews and oversight to ensure continuous improvement.

Industry Response:

• Sharad Mathur, MD & CEO, Universal Sompo General Insurance Company: Highlighted the potential for lower premiums and increased trust due to fair commission structures.
• Aditya Mall, Appointed Actuary, Future Generali India Life Insurance: Emphasized cost efficiencies and competitive premium rates resulting from fair commission structures.

IRDAI’s Directive:

• Master Circular Issued: Requires all insurers to have a clear and transparent board policy on commission structures.
• Objectives: Ensure fairness, transparency, compliance, and efficiency in the insurance distribution process.

Tabular Summary:

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Business and Economy – Daily Current Affairs May 21

7. Which company signed a Letter of Intent to join the Open Network for Digital Commerce (ONDC)?
A) Amazon
B) Flipkart
C) EaseMyTrip
D) MakeMyTrip
E) Ola
Answer: C) EaseMyTrip

Event and Location:

• Event: Signing of Letter of Intent (LOI) to join ONDC
• Location: Vanijya Bhawan, New Delhi, India

Mandates and Objectives:

• Enhance the travel experience through innovation and excellent service.
• Support the digital transformation of commerce in India.
• Provide seamless, accessible, and efficient travel services.
• Contribute to the broader goal of democratizing digital commerce in India.

Important Terms Explained:

• EaseMyTrip: An online travel company in India known for providing travel services including flights, hotels, and holiday packages.
• ONDC: Open Network for Digital Commerce, an initiative by the Indian government to create an inclusive and competitive digital commerce ecosystem.
• LOI: Letter of Intent, a document outlining the intention of two parties to enter into a formal agreement.

Static GK Information:

Details of the Event:

• Date: May 17, 2024
• Occasion: ONDC Startup Mahotsav, organized by DPIIT, ONDC, and Startup India.
• Participants: Over 125 start-ups, including over 20 unicorns, participated in the event.

Significance:

• Rikant Pittie’s Statement: Emphasized the commitment to enhancing the travel experience and supporting digital transformation.
• T. Koshy’s Statement: Highlighted the vision of revolutionizing the digital landscape and empowering businesses through the ONDC Network.

ONDC Initiative:

• Launched: 2021
• Objective: Create an open, inclusive, and competitive digital commerce ecosystem.
• Impact: Lower entry barriers for small businesses, promote a level playing field, and democratize digital commerce in India.

EaseMyTrip’s Commitment:

• Vision: To be a nation-first company, contributing to the growth and development of India’s digital economy.
• Impact: Reach a wider audience, including digitally excluded populations, and ensure shared benefits of digital commerce.

Tabular Summary:

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Appointments – Daily Current Affairs May 21

8. Who is the new President of Taiwan as of May 2024?
A) Tsai Ing-wen
B) Lai Ching-te
C) Santiago Pena
D) Antony Blinken
E) Orawan Kaising
Answer: B) Lai Ching-te

Event and Location:

• Event: Inauguration of Taiwan’s new President
• Location: Taipei, Taiwan

Mandates and Objectives:

• Peace with China: Urged China to stop military threats and intimidation.
• Dialogue over Confrontation: Encouraged China to respect Taiwan’s existence and choices, promoting dialogue.
• No Concessions on Freedom: Emphasized that Taiwan will not compromise on its democracy and freedom.
• Shared Responsibility for Peace: Called on China to jointly ensure peace and stability to avoid the threat of war.

Important Terms Explained:

• Taiwan Strait: The body of water separating Taiwan from mainland China, frequently a point of military tension.
• Democratic Progressive Party (DPP): The ruling political party in Taiwan, which Lai Ching-te represents.
• Republic of China (ROC): Official name of Taiwan, symbolized by the presidential seal handed over to Lai.

Static GK Information:

Tabular Summary:

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Science and Technology – Daily Current Affairs May 21

9. Who became the first Indian space tourist?
A) Mason Angel
B) Gopi Thotakura
C) Sylvain Chiron
D) Ed Dwight
E) Rakesh Sharma
Answer: B) Gopi Thotakura

Event and Location:

• Event: First Indian space tourist journey
• Location: Blue Origin’s NS-25 mission

Mandates and Objectives:

• Participate in Blue Origin’s NS-25 mission as a space tourist.
• Promote space tourism and its potential for protecting Earth.
• Inspire future generations to pursue careers in STEAM (Science, Technology, Engineering, Arts, Mathematics).

Important Terms Explained:

• Blue Origin: A private aerospace manufacturer and spaceflight services company founded by Jeff Bezos.
• New Shepard Program: A Blue Origin program aimed at suborbital space tourism and research missions.
• Club for the Future: Blue Origin’s foundation dedicated to inspiring future generations to pursue careers in STEAM.

Static GK Information:

Additional Details:

• Mission Objective: Inspire and mobilize future generations for careers in STEAM.
• Phil Joyce’s Statement: Acknowledged the pioneering role of the astronaut customers in advancing Blue Origin’s mission.
• Personal Reflections: Gopi Thotakura expressed his passion for flying and the unique experience of seeing Earth from space.
  Legacy
• Previous Indian in Space: Wing Commander Rakesh Sharma, the first Indian citizen to fly to space in 1984.

Tabular Summary:

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International Affairs – Daily Current Affairs May 21

10. What was released to commemorate 200 years of Indian-Origin Tamils in Sri Lanka?
A) A documentary
B) A book
C) A commemorative stamp
D) A statue
E) A special coin
Answer: C) A commemorative stamp

Event and Location:

• Event: Release of a commemorative stamp
• Location: Sri Lanka

Mandates and Objectives:

• Celebrate the bicentennial presence of Indian-Origin Tamils (IOT) in Sri Lanka.
• Acknowledge and appreciate the contributions and struggles of the IOT community.
• Strengthen historical and cultural ties between India and Sri Lanka.

Important Terms Explained:

• Indian-Origin Tamils (IOT): A community of Indian descent living in Sri Lanka, known for their contributions to the country’s culture and economy.
• Commemorative Stamp: A special postage stamp issued to honor and remember a significant event or person.

Static GK Information:

Details of the Event:

• Date: May 18, 2024
• First Stamp Recipient: Sri Sri Ravi Shankar
• Presented by: Governor of the Eastern Province of Sri Lanka, Senthil Thondaman
• Attendees: High Commissioner Santosh Jha, Honourable Speaker, Ministers, and Heads of Missions.

Significance:

• Recognition: The stamp symbolizes acknowledgment and appreciation for the contributions and struggles of Indian-Origin Tamils over the past 200 years.
• Historical Ties: Emphasizes the importance of the historical and cultural ties between India and Sri Lanka.

Statements and Initiatives:

• Governor Thondaman: Expressed gratitude to both the Indian and Sri Lankan governments for their support to the IOT community.
• Sri Sri Ravi Shankar: Highlighted the historical and cultural ties between the two nations.
• Indian Government Initiatives:
  • Since 2014, Prime Minister Narendra Modi has prioritized the welfare of Indian-origin Tamils in Sri Lanka.
  • Sanctioned 14,000 houses and provided essential services in health, education, and cultural facilities.
  • Approximately $4 billion in financial aid extended to Sri Lanka to help with its economic crisis.

Past Commemorative Events:

• December Event: BJP President J.P. Nadda released a stamp honoring the 200-year history of Indian-Origin Tamils in Sri Lanka.

Tabular Summary:

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Over All Review

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