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Current Affairs 12 May 2020

Current Affairs 12 May 2020

Dear aspirants, to crack any type of competitive examination current affairs plays a significant role and for that we are providing daily important news that are most important for your examination. So we are here for you to provide the important Recent and Latest Current Affairs 12 May 2020.

Current Affairs 12 May 2020 includes all newspapers such as The Hindu, The Economic Times, Business Standard, Times of India, PTI, Indian Express, and all Government official websites.

Current Affairs 12 May 2020
1. International Nurse Day 12 May 2020
  • This day is to thank all nurses, their dedication, and work, especially during ongoing coronavirus pandemic.
  • Florence Nightingale was the founder of modern nursing.
  • Nurse Day theme : ‘Nursing the World to Health’
Current Affairs 12 May 2020
2. ‘Start up India-Animal Husbandry Grand Challenge’ – Winners awarded
  • Government awarded 12 startups for finding innovative solutions to address problems faced by the animal husbandry and dairy sector.
  • The ministry in partnership with ‘Start-Up’ India had launched the ‘Animal Husbandry Grand Challenge’.
  • The challenge was launched by PM Narendra Modi.
Current Affairs 12 May 2020
3. Central Board of Direct Taxes amends Rule 44G of Income Tax Rules 1962.
  • Amends rule for making an application to invoke the mutual agreement procedure in Form no. 34.
  • These rules will be called Income-tax (8th Amendment) Rules, 2020.
  • CBDT Chairperson : Pramod Chandra Mody.
Current Affairs 12 May 2020
4. CFTRI develops Spirulina groundnut Chikki to boost immunity during pandemic
  • The Mysuru-based Central Food Technological Research Institute, CFTRI has developed Spirulina groundnut Chikki.
  • Chikki provides micro-nutrients & boost the immunity of people during the time of a pandemic.
  • It is rich in micro-nutrients.
  • The Director of CFTRI : Dr K S M S Raghav Rao.
Current Affairs 12 May 2020
5. Govt hikes market borrowing limit to Rs 12 lakh Crore
  • Earlier the limit was Rs. 4.2 Lakh crore.
  • The limit has increased for the current fiscal.
  • To deal with the expected shortfall in revenue due to the impact of the pandemic.
  • Govt would have to revise its fiscal deficit target from 3.5%.
Current Affairs 12 May 2020
6. Tamil Nadu forms panel under ex RBI Governor C Rangarajan to improve fiscal position
  • TN govt set up the high – level committee to examine fiscal challenges facing the state owing to the pandemic and suggest the way forward to improve its fiscal position.
  • The committee will also consist of Finance Secretary S Krishnan as coordinator.
  • The Committee has 21 members.
Current Affairs 12 May 2020
7. WHO , UN Postal agency release commemorative postage stamp on 40th anniversary of eradication of smallpox
  • In May 1980, the 33rd World Health Assembly issued its official declaration that the world is free from smallpox.
  • It ended after a 10-year global effort that involved thousands of health workers around the world to administer half a billion vaccinations.
  • WHO Director : General Tedros Adhanom.
8. NIV develops ELISA test kit for diagnosis of novel Corona Virus
  • National Institute of Virology, Pune, has developed first indigenous antibody-based ELISA test kit.
  • ELISA = Enzyme-linked Immune Sorbent Assay.
  • The name of the kit is COVID KAVACH, for diagnosis of novel Corona Virus.
  • This test is expected to change the dynamics of COVID-19 testing in the country.
  • It can test around 90 samples in approx. two and a half hours.
9. DRDO lab develops automated UV systems to sanitise electronic gadgets, papers & currency notes
  • Hyderabad based Defence Research and Development Organisation (DRDO) lab has developed automated Ultraviolet systems, called Defence Research Ultraviolet Sanitiser (DRUVS).
  • The device can sanitise electronic gadgets, papers and currency notes.
  • It provides 360-degree exposure of UV to objects placed inside.
Current Affairs 12 May 2020
10. Prince Harry, Meghan tell-all biography ‘Finding Freedom’ set for August release
  • The book ‘Finding Freedom: Harry and Meghan and the Making of a Modern Royal Family’ will be released worldwide on August 11.
  • The book has been written by royal reporters Omid Scobie and Carolyn Durand.
  • Harry and Meghan quit as senior members of the royal family.
Current Affairs 12 May 2020
11. Defence Ministry signs contract with Tata Power SED for infra modernisation at 37 airfields
  • 37 airfields of the Indian Air Force, Coast Guard and Navy.
  • The cost of modernisation will be around Rs 1,200 cr.
  • This is phase 2 of the MAFI programme.
  • MAFI = Modernisation of the Airfield Infrastructure.
  • SED = Strategic Engineering Division.
12. Carlyle to buy 74% stake in SeQuent for Rs 1,587 crore
  • The Carlyle Group is the US-based private equity firm.
  • SeQuent Scientific Limited is the largest pure-play animal healthcare company in India.
  • Carlyle will buy shares at a price of Rs.86 apiece.
13. China wins online Nations Cup, India finishes fifth
  • Top-seed and favourite China were crowned champions at the FIDE Chess.com Online Nations Cup by virtue of superior points tally despite their final match against the USA ending in 2-2 draw.
  • India finished a poor fifth in the six-team event.
  • FIDE = Fédération Internationale des Échecs.
14. Grammy Winning Soul – singer Betty Wright dies of cancer
  • Betty Wright, the celebrated Grammy-winning soul singer, died from cancer. She was 66.
  • Wright, known for her hits “Clean Up Woman” and “Tonight Is the Night,” was nominated for six Grammys.
  • She won for best R&B song for Where Is the Love.
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15. The last important news of Current Affairs 12 May 2020 is : Eminent Historian Hari Shankar Vasudevan dies
  • Eminent Historian Hari Shankar Vasudevan had tested positive for the novel coronavirus and succumbed to it.
  • He was 68.
  • He was considered one of the foremost names in Russian and Central Asian history.
  • He was involved in projects on Indo-Russian relations.

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