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Current Affairs 2 May 2020

Current Affairs 2 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 2 May 2020.

Current Affairs 2 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 2 May 2020
1. Indian Oil names Shrikant Vaidya as new Chairman
  • Currently, he is the director of refineries in the company & will succeed Sanjiv Singh.
  • He is a Chemical Engineer.
  • IOC is headquartered in New Delhi.
Current Affairs 2 May 2020
2. India appoints new Ambassadors to Qatar & Bahrain
  • Deepak Mittal has been appointed India’s next Ambassador to Qatar.
  • Piyush Srivastava goes to Bahrain in the same capacity, as per an official release of Ministry of External Affairs.
  • The new appointees are of the 1998 batch of Indian Foreign Service.
  • Qatar Capital : Doha.
  • Bahrain Capital : Manama.
Current Affairs 2 May 2020
3. India installs 7.3 GW of solar power in CY 2019 & secures world’s 3rd largest solar market: Mercom
  • Mercom India Research has released the data.
  • Cumulative solar installations of India is 35.7 GW.
Current Affairs 2 May 2020
4. India ranks 53rd in budget transparency, accountability in IBP survey
  • India’s Budget process bagged a transparency score of 49 out of 100.
  • Global average transparency score is 45.
Current Affairs 2 May 2020
5. G20 Digital Economy Ministers meet held through video conference
  • A ministerial statement was issued by the G20 Digital Economy Task Force at the meet.
  • The Union Minister Ravi Shankar Prasad represented India.
  • Saudi Arabia assumed the G20 Presidency on 1 December 2019.
Current Affairs 2 May 2020
6. IMD releases new list of upcoming cyclone names over North Indian Ocean
  • The IMD has released 169 new names for the tropical cyclones in the Indian Ocean Region.
  • The names were contributed by 13 countries.
  • The countries are India, Sri Lanka, Maldives, Myanmar, Oman, Thailand, Qatar, UAE, Saudi Arabia, Yemen, Pakistan, Bangladesh & Iran.
  • Indian Meteorological Department is HQ : New Delhi.
Current Affairs 2 May 2020
7. Chhattisgarh tops among other states in providing employment under MGNREGS
  • MGNREGS = Mahatma Gandhi National Rural Employment Guarantee Scheme.
  • Chhattisgarh govt. provided employment to over 18 lakh unskilled labourers.
Current Affairs 2 May 2020
8. Cauvery Water Management Authority brought under the Jal Shakti Ministry: Central government
  • The Centre has officially brought the Cauvery Water Management Authority under the Jal Shakti Ministry.
  • CWMA was earlier under the Ministry of Water Resources, River Development and Ganga Rejuvenation.
  • Modi government formed the Jal Shakti Ministry.
  • Minister of Jal Shakti : Gajendra Singh Shekhawat.
Current Affairs 2 May 2020
9. Manulife picks 49% stake in Mahindra AMC for Rs 265 crore
  • Mahindra & Mahindra Financial Services (Mahindra Finance) said it.
  • Mahindra AMC = Mahindra Asset Management Company.
  • This agreement was announced in June 2019.
  • Manulife has invested $35 million to pick up 49% stake.
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10. Agra Smart City of UP launched GIS dashboard to monitor COVID-19 hot-spots
  • GIS dashboard will show various hotspots, heat maps, positive cases, recovered cases, etc of COVID-19.
  • This dashboard developed on IGiS platform is an indigenous technology which brings GIS, Image Processing, Photogrammetry & CAD.
  • GIS = Geographic Information Systems.
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11. KVGB launched ‘Vikas Abhaya’ loan scheme
  • Karnataka Vikas Grameen Bank (KVGB).
  • KVGB Head Quarter = Dharwad, Karnataka
  • Loan for provide relief to borrowers whose business activities are disrupted on account of the Covid-19 pandemic.
  • Chairman of KVGB : P Gopi Krishna.
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12. Indian football legend and former captain Chuni Goswami dies aged 82
  • Chuni Goswami led India to the 1962 Asian Games gold.
  • Goswami played 50 matches for India as a footballer from 1956 to 1964.
  • He also played first-class cricket for Bengal.
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13. RIL raises stake in US-based SkyTran to 26.3%
  • SkyTran Inc, a venture-funded technology company that develops pod car transport systems.
  • It has raised its holding in SkyTran to 26.31% from 17.37% on a fully diluted basis.
  • SkyTran aims to solve traffic congestion problem.

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