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Current Affairs 26 May 2020

Current Affairs 26 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 26 May 2020.

Current Affairs 26 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.

1.       World Bank names Carmen Reinhart as chief economist and vice president
  • She is an adviser and contributor to ongoing World Bank debt transparency discussions.
  • She is also a member of a new IMF external advisory group working on policy challenges.
  • She worked as vice president & chief economist at Bear Stearns.
Current Affairs 26 May 2020
2.       Assam’s Jahnabi Phookan appointed FICCI FLO National President
  • Assam-based entrepreneur Jahnabi Phookan has been appointed as the National President of FICCI Ladies Organization (represents over 8,000 women entrepreneurs).
  • FICCI Ladies Organisation is women wing of the leading industry chamber of the country.
  • She is the 37th National President.
  • She is the founder Vice Chairperson of FLO North East chapter.
Current Affairs 26 May 2020
3.       Govt’s senior citizen pension scheme extended but interest lowered
  • Union Cabinet extended Pradhan Mantri Vaya Vandana Yojana, a pension scheme for who are above 60, for a period of 3 years.
  • The social security scheme for senior citizens to be valid till March ‘23 and fixed its annual rate of return at 7.4% for FY2020-21.
  • Investment Limit of the policy: ₹15 lakh.
  • Tenure is 10 years.
Current Affairs 26 May 2020
4.       Dept of Posts and Horticulture in Bihar join hands to supply Shahi Lichi and Zardalu Mango
  • In view of the lockdown, Bihar Postal Circle UNDER Ministry of Communication made an agreement with Department of Horticulture.
  • Agreement made for logistics of Shahi Litchi from Muzaffarpur and Zardalu Mango from Bhagalpur and its delivery to the doorstep of the people.
  • Litchi and Mango are famous in world of their unique fragrance.
Current Affairs 26 May 2020
5.       RITES signs pact to acquire 24% stake in Indian Railway Station Development
  • RITES = Rail India Technical and Economic Service.
  • RITES HQ : Gurgaon.
  • The company signed an agreement to buy 24% stake in Indian Railway Station Development Corp. Ltd, the company tasked with redeveloping railway stations across the country.
  • RITES Ltd. chairman & MD : Rajeev Mehrotra.
Current Affairs 26 May 2020
6.       Zaggle, Visa tie up for Visa payments
  • Fintech startup Zaggle partnered with payments technology major Visa to launch innovative payment solutions.
  • Under this, both companies will jointly create solutions for small and medium enterprises and start-ups to improve productivity and efficiency.
  • Zaggle is payments company with focus on businesses & corporate.
Current Affairs 26 May 2020
7.       Maruti Suzuki ties up with Cholamandalam Investment & Finance; launches ‘Buy-Now-Pay-Later Offer’
  • The new solution ‘Buy-Now-Pay-Later Offer’ is aimed to provide customers with easy financing options.
  • Parent Organisation of Maruti Suzuki: Suzuki.
Current Affairs 26 May 2020
8.       Edelweiss General Insurance launches pay as you go Motor OD floater policy
  • Edelweiss General Insurance has launched an app-based Motor Own Damage floater policy.
  • The policy is called Edelweiss SWITCH, under regulatory sandbox of IRDAI.
  • It is a driver-based motor insurance policy allows vehicle owners to SWITCH the motor insurance on and off.
  • Shanai Ghosh : ED and CEO of Edelweiss General Insurance.
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9.       International Missing Children’s Day: 25 May
  • Every year, 25 May is commemorated as International Missing Children’s Day.
  • In 2001, 25 May was first formally recognized as International Missing Children’s Day (IMCD), a joint effort on the part of ICMEC, Missing Children Europe and European Commission.
  • It was designated by the US President Ronald Reagan in 1983.
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10.   Naomi Osaka becomes world’s highest-paid female athlete
  • She is a Japanese tennis star.
  • Osaka earned $37.4 million in the last twelve months from prize money and endorsements, $1.4 million more than Williams.
  • Osaka is the winner of 2018 US Open and 2019 Australian Open.
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11.   Spanish Striker Aritz Aduriz Announces Retirement from Football
  • Athletic Bilbao striker Aritz Aduriz announced retirement from football.
  • He played for Spanish clubs Valladolid, Mallorca and Valencia, and is club’s sixth-highest scorer with 172 goals.
  • He was a member of Spain’s squad at the 2016 European Championship.
  • He scored 4 goals over 2 legs of 2015 Spanish Super Cup final.
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12.   High-level panel formed to recommend reforms in India’s drug regulatory system
  • A high-level committee of experts has been formed by the government
  • To recommend reforms in India’s drug regulatory system so that approval processes can be fast-tracked.
  • The committee to be chaired by Rajesh Bhushan, the Officer on Special Duty to the Union health minister.
  • The committee will study the current drug regulatory system.
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13.   The last important news of Current Affairs 26 May 2020 is : Congress MLA from Jharkhand, Rajendra Prasad Singh dies
  • Rajendra Prasad Singh, the Congress MLA of Bermo constituency of Bokaro district and former Health and Finance Minister of Jharkhand.
  • Mr Singh represented the Bermo Assembly for the sixth time.
  • Jharkhand Capital : Ranchi.
  • CM : Hemant Soren.

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