Daily Current Affairs May 25 & 26

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 25 & 26. 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 25 & 26 | Daily Current Affairs 2024

Important Days – Daily Current Affairs May 25 & 26

1. Why was 25 May picked as the date to celebrate World Football Day?
A) It marks the founding of FIFA.
B) It is the birthdate of a famous football player.
C) It coincides with the first World Cup final.
D) It marks the 100th anniversary of the first international football tournament with global representation.
E) It is the date of the first football match ever played.
Answer: D) It marks the 100th anniversary of the first international football tournament with global representation.

Event and Location:

• Event: Adoption of World Football Day
• Location: United Nations General Assembly

Mandates and Objectives:

• To celebrate the global significance of football.
• Promote football as a universal language that transcends national, cultural, and socio-economic barriers.
• Encourage gender equality, social inclusion, mutual understanding, tolerance, respect, and solidarity through football.
• Utilize football to promote peace, development, and the empowerment of women and girls.
• Engage countries, UN bodies, international organizations, academia, civil society, and the private sector in observing World Football Day and promoting the benefits of football through educational and public awareness activities.

Important Terms Explained:

• Resolution: A formal decision or expression of opinion by an assembly such as the UN General Assembly.
• UN General Assembly: One of the six principal organs of the United Nations, comprising all member states and serving as a forum for multilateral discussion of international issues.
• Consensus: General agreement among the members of a group or organization.
• FIFA: The international governing body of football, responsible for organizing major international tournaments including the World Cup.

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2. When is the International Week of Solidarity with the Peoples of Non-Self-Governing Territories observed?
A) 1-7 May
B) 10-16 May
C) 18-24 May
D) 25-31 May
E) 2-8 June
Answer: D) 25-31 May

Event and Location:

• Event: International Week of Solidarity with the Peoples of Non-Self-Governing Territories
• Location: Observed internationally as per the UN General Assembly’s resolution

Mandates and Objectives:

• To support the peoples of Non-Self-Governing Territories in their quest for self-government and self-determination.
• Recognize and support the inalienable rights of these peoples to their natural resources, including land.
• Ensure the protection and development of these resources.
• Promote political, economic, social, and educational advancement.
• Provide moral and material assistance to the peoples of Non-Self-Governing Territories through UN agencies and organizations.
• Encourage administering Powers to protect property rights and promote the well-being of the inhabitants.

Important Terms Explained:

• Non-Self-Governing Territories: Defined in the UN Charter as territories whose people have not yet attained full self-government.
• Administering Powers: Countries that administer Non-Self-Governing Territories, responsible for promoting their well-being and development.
• Decolonization: The process through which colonies become self-governing and independent, supported by the UN’s initiatives and resolutions.
• Chapter XI of the UN Charter: Contains the Declaration regarding Non-Self-Governing Territories, outlining the responsibilities of administering Powers.

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Ranking – Daily Current Affairs May 25 & 26

3. What rank did Delhi achieve in the Oxford Global Cities Index Report 2024?
A) 350
B) 411
C) 427
D) 680
E) 1000
Answer: A) 350

Event and Location:

• Event: Oxford Global Cities Index Report 2024
• Location: Global, with specific mention of Indian cities

Mandates and Objectives:

• Mandate: To provide a comprehensive ranking of the world’s largest cities.

Objective:

• Rank cities based on scores in five categories: Economics, Human Capital, Quality of Life, Environment, and Governance.
• Highlight the comparative performance of cities globally, including economic output, quality of life, and governance.

Important Terms Explained:

• Global Cities Index: An annual report by Oxford Economics ranking the largest cities worldwide.
• Human Capital: Measures the education level, skills, and capabilities of the workforce in a city.
• Quality of Life: Assesses the general well-being of residents, including living conditions, health, and safety.
• Economics Category: Evaluates economic performance including GDP, business activity, and economic growth.
• Environment Category: Considers factors like climate volatility, pollution levels, and green spaces.
• Governance Category: Measures the efficiency, transparency, and effectiveness of local government policies.

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Business and Economy – Daily Current Affairs May 25 & 26

4. By what percentage did net FDI flows into India decline in FY24 compared to the previous year?
A) 45%
B) 55%
C) 62%
D) 72%
E) 80%
Answer: C) 62%

Event and Location:

• Event: Decline in net FDI flows into India
• Location: India, as reported by the Reserve Bank of India (RBI)

Mandates and Objectives:

• Mandate: To analyze and report on the Foreign Direct Investment (FDI) trends in India.

Objective:

• Provide data on the gross and net FDI flows into India.
• Highlight the factors contributing to the decline in net FDI, such as repatriation of capital and investments abroad by Indian companies.

Important Terms Explained:

• Net FDI Flows: The amount of foreign direct investment after accounting for repatriation of capital and outward FDI by domestic companies.
• Gross FDI Flows: The total foreign direct investment coming into a country before repatriation and outward investments are deducted.
• Repatriation of Capital: The process of returning funds or profits from foreign investments back to the investor’s home country.
• Greenfield FDI Projects: Investments where a parent company starts a new venture in a foreign country by constructing new operational facilities from the ground up.

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Science and Technology – Daily Current Affairs May 25 & 26

5. When is DD Kisan launching its AI anchors, AI Krish and AI Bhoomi?
A) 24 May 2024
B) 25 May 2024
C) 26 May 2024
D) 27 May 2024
E) 28 May 2024
Answer: C) 26 May 2024

Event and Location:

• Event: Launch of AI anchors AI Krish and AI Bhoomi on DD Kisan
• Location: India

Mandates and Objectives:

• Mandate: To enhance the dissemination of information to farmers through the use of AI technology.

Objective:

• Provide farmers with continuous, up-to-date information on agricultural research, market trends, weather changes, and government schemes.
• Use AI anchors capable of speaking in fifty languages to cater to a diverse audience across all states of India.
• Maintain an uninterrupted flow of information, as AI anchors can operate 24/7 without fatigue.

Important Terms Explained:

• Artificial Intelligence (AI): A branch of computer science that involves creating machines capable of performing tasks that typically require human intelligence.
• AI Anchors: Computer-generated news presenters that can mimic human behavior and speech, providing news and information around the clock without interruption.
• DD Kisan: A television channel dedicated to the agricultural sector, established by the Government of India, focusing on providing farmers with vital information.

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International Affairs – Daily Current Affairs May 25 & 26

6. When did the 10th World Water Forum open in Bali, Indonesia?
A) May 18, 2024
B) May 19, 2024
C) May 20, 2024
D) May 21, 2024
E) May 22, 2024
Answer: C) May 20, 2024

Event and Location:

• Event: 10th World Water Forum
• Location: Bali, Indonesia

Mandates and Objectives:

• Mandate: To address global water-related challenges and promote collaboration.

Objective:

• Discuss and find solutions for water conservation, clean water and sanitation, food and energy security, and mitigation of natural disasters.
• Highlight the vulnerability of small farmers to drought and emphasize the need for global cooperation to tackle water issues.

Important Terms Explained:

• World Water Forum: A global event organized by the World Water Council to address water-related issues, held every three years in different locations around the world.
• Water Conservation: The practice of using water efficiently to reduce unnecessary water usage.
• Clean Water and Sanitation: Ensuring availability and sustainable management of water and sanitation for all, as per the United Nations’ Sustainable Development Goal 6.

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National Affairs – Daily Current Affairs May 25 & 26

7. Where did L&T Technology Services inaugurate the Simulation Centre of Excellence for Airbus?
A) Mumbai
B) Hyderabad
C) Chennai
D) Bengaluru
E) New Delhi
Answer: D) Bengaluru

Event and Location:

• Event: Inauguration of the Simulation Centre of Excellence for Airbus
• Location: Bengaluru, India

Mandates and Objectives:

• Mandate: To provide engineering support for Airbus’s aircraft structural simulation activities.

Objective:

• Equip the centre with advanced simulation software, cutting-edge hardware, and high-performance computational machinery.
• Unify and standardize processes across Airbus’s European business units to enhance efficiency and productivity.
• Support Airbus in achieving its program milestones more efficiently.

Important Terms Explained:

• Simulation Centre of Excellence (CoE): A specialized facility equipped with advanced technologies to conduct simulations for various engineering applications.
• Structural Simulation: The process of using computer models to predict the performance and behavior of aircraft structures under various conditions.
• L&T Technology Services (LTTS): A subsidiary of Larsen & Toubro Limited, focusing on engineering and R&D services across industries, including aerospace.

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Over All Review

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