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Current Affairs 1st 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 1st May 2020.

Current Affairs 1st 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 1st May 2020
1. International Labour Day 1 May
  • International Labour Day is also called “May Day”,
Current Affairs 1st May 2020
2. Former finance secretary Rajiv Kumar appointed PESB chief
  • The Appointments Committee of the Cabinet headed by PM Modi has approved his appointment.
  • For of 3 years.
  • PESB is government’s head hunter for public sector undertaking.
  • PESB = Public Enterprises Selection Board.
Current Affairs 1st May 2020
3. IIT Kanpur develops sensor-based covid-19 sanitisation box
  • The Indian Institute of Technology, Kanpur (IIT-Kanpur) has developed a corona killer box.
  • To help sanitisation of essential commodities used at home.
  • The box can sanitise all kinds of vegetables, fruits, sugar, milk, pulses, mobiles, and currency.
  • The corona killer box can also sanitise masks and PPE kits.
Current Affairs 1st May 2020
4. India Post delivers cash worth Rs 412 crore in doorstep banking revolution
  • This service is provided by the department irrespective of the bank in which the holder has an account or a village without a branch.
  • This has been made possible due to AePS facility of IPPB.
  • AePS = Aadhaar Enabled Payment System.
  • IPPB = Indian Postal Pyment Bank
  • IPPB MD and CEO : Suresh Sethi
Current Affairs 1st May 2020
5. Flipkart partners with Meru to facilitate door-step delivery of essentials
  • Meru is ride-hailing cab operator.
  • The service will be available across Bengaluru, Delhi-NCR and Hyderabad.
  • Flipkart Group CEO : Kalyan Krishnamurthy.
Current Affairs 1st May 2020
6. Farm sector to grow at a decent 3% in FY21: NITI Aayog
  • In FY19, the sector had witnessed a 2.4% expansion.
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7. ADB gives $ 346 million loan for power sector in rural Maharashtra
  • For providing reliable power connection in rural areas of Maharashtra.
  • The loan will support the state government’s high voltage distribution system (HVDS) program.
  • Maharashtra is the second-most populous state in India.
Current Affairs 1st May 2020
8. GSK plans to sell Rs 28,000 crore stake in Hindustan Unilever
  • After completion of the merger between GlaxoSmithKline(GSK) Consumer Healthcare and Hindustan Unilever Ltd (HUL).
  • GSK is reportedly planning to sale its $3.7 billion (Rs 28,000 crore) stake in HUL.
  • GSK owns 5.7 per cent stake in Hindustan Unilever Ltd.
  • GlaxoSmithKline plc is a British multinational pharmaceutical company.
Current Affairs 1st May 2020
9. Aarogya Setu app now mandatory for all central govt employees
  • Before starting for office, they must review their status on ‘Aarogyasetu’ and commute only when the app shows ‘safe’ or ‘low risk’.
  • Central government of India launched Aarogya Setu on April 3.
Current Affairs 1st May 2020
10. Banks borrow ₹2,000 crore from RBI for mutual funds
  • Commercial banks have borrowed ₹2,000 crore from the liquidity window that was offered by the RBI for mutual funds (MFs).
  • RBI had announced a special window of ₹50,000 cr. for mutual funds in view of the redemption pressure that the fund houses are facing.
  • Reserve Bank of India (RBI) established: ‎1 April 1935.
11. Kerala Starts ‘Ayur Raksha’ Clinics At Govt Hospitals
  • The Kerala government has set up Ayurveda bodies at the state, regional and district levels for a COVID-19 prevention programme.
  • The government started ‘Ayur Raksha’ clinics at government hospitals at district and taluk levels.
  • Kerala Chief Minister : Pinarayi Vijayan.
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12. AIBA moves 2021 world boxing championships to Belgrade
  • AIBA = International Boxing Association.
  • The 2021 Men’s World Boxing Championships have been moved to Belgrade from New Delhi.
  • AIBA said it had terminated India’s contract after it did not pay an agreed host fee.
  • Belgrade : Capital of Serbia;
  • AIBA HQs : Lausanne,Switzerland.
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13. 11th Session of Petersberg Climate Dialogue held via video conferencing
  • Prakash Javadekar represented India.
  • Prakash Javadekar : UM for Environment, Forest and Climate Change.
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14. Smt. Harsimrat Kaur Badal holds video conference with FICCI and leading industry members
  • FICCI = Federation of Indian Chambers of Commerce & Industry.
  • She is the Union Minister of Food Processing Industries.
  • She chaired video conference with (FICCI) & its members to discuss the current outlook of food processing industry and requirements.
  • FICCI, Secretary General : Dilip Chenoy.
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15. Suresh N. Patel takes oath as Vigilance Commissioner
  • He was administered the oath of office by Shri Sanjay Kothari, Central Vigilance Commissioner.
  • He was the MD & CEO of Andhra Bank and was an Executive Director in Oriental Bank of Commerce.
  • Tenure of Vigilance Commissioner is of 4 years.
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16. Last important news of Current Affairs 1st May 2020 : Veteran Bollywood actor Rishi Kapoor passes away at 67
  • Veteran Bollywood actor Rishi Kapoor passed away at 67.
  • He was known for his work in films like Bobby and Chandni.
  • The actor’s last Bollywood film was the 2018 film 102 Not Out.
  • In 1973, Rishi Kapoor made his film debut, with Bobby.

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