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Current Affairs 7 May 2020

Current Affairs 7 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 7 May 2020.

Current Affairs 7 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 7 May 2020
1. World Athletics Day 7th May 2020
  • Every year World Athletics Day is observed on May 7 with an aim to popularize athletics among the youths as a way to stay healthy and fit.
  • World Athletics Day was introduced by International Amateur Athletic Federation (IAAF) in 1996.
Current Affairs 7 May 2020
2. Max Bupa Health Insurance appoints Krishnan Ramachandran as MD & CEO
  • Krishnan has 23 years of experience across health insurance, healthcare & life sciences industry.
  • Last he served as CEO of Apollo Munich Health Insurance.
  • He succeed Ashish Mehrotra.
  • Max Bupa’s Parent organization : Fettle Tone LLP.
Current Affairs 7 May 2020
3. Whatsapp payments to roll out with ICICI, HDFC and Axis Bank UPI handles by May end
  • Whatsapp currently has a user base of 400 million customers.
  • UPI has above 100 million users under it.
  • Whatsapp Cofounders : Brian Acton and Jan Koum.
Current Affairs 7 May 2020
4. PM chairs meeting of Task Force on Corona Vaccine Development, Drug Discovery, Diagnosis & Testing
  • Prime Minister Narendra Modi took a detailed review of the current status of India’s efforts in vaccine development, drug discovery, diagnosis and testing.
  • PM took also note of the extraordinary coming together of academia, industry and government.
  • COVID-19, a respiratory illness caused by the SARS-CoV-2 virus.
Current Affairs 7 May 2020
5. Standard Chartered Bank appoints Kusal Roy as head of retail banking
  • Prior to joining Standard Chartered Bank, he was the managing director and chief executive at Tata Capital Financial Services Ltd.
  • Standard Chartered Bank India chief executive : Zarin Daruwala.
Current Affairs 7 May 2020
6. India’s unemployment rate climbs to 27.1%, 121.5mn out of work: CMIE
  • According to Centre for Monitoring of Indian Economy (CMIE).
  • 91.3 million, including daily wagers and those working with small traders were out of jobs in April
  • 18.2 million employment loss of entrepreneurs, and 17.8 million among salaried class.
  • CMIE, Headquarters location : Mumbai
Current Affairs 7 May 2020
7. Assam CM constitutes advisory committee to revive economy, which is hit by the coronavirus outbreak.
  • The eight-member committee, led by retired IAS officer Subhash Das.
  • Assam Chief Minister : Sarbananda Sonowal.
  • Jagdish Mukhi , present Governor of Assam.
Current Affairs 7 May 2020
8. Nabard disburses Rs 12,767cr to state cooperative banks, RRBs for onlending
  • The loans are being offered for one year at an interest rate of 4.8 per cent.
  • Nabard Chairman : Harsh K Bhanwala.
Current Affairs 7 May 2020
9. India has over 500 million active Internet users: IAMAI
  • India had 504 million active Internet users, who logged onto the web at least once in the last one month, at the end of November 2019.
  • 433 million are of the age of 12 years and above.
  • The data has been curated by Nielsen, based on IRS data.
  • IRS = Indian Revenue Service.
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10. National Fertilizer appoints new Non-official Independent Director
  • Company appoints Pandya Ashwinkumar Balvantray as Non-official Independent Director on the Board.
  • His appointment will be for three years.
  • Manoj Mishra : Chairman & Managing Director of NFL.
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11. India rolls out ‘Vande Bharat Mission’ to bring back Indians stranded abroad
  • Air India will operate 64 repatriation flights for a week from May 7.
  • The Navy deployed two ships as India rolled out a massive evacuation plan.
  • To bring back thousands of its nationals stranded abroad due to the coronavirus-triggered lockdown.
  • Civil Aviation Minister : Hardeep Singh Puri.
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12. Indian Navy launches operation ‘Samudra Setu’ to return Indians stranded abroad
  • INS Jalashwa and INS Magar are currently enroute to the port of Male.
  • Chief of the Naval Staff : Admiral Karambir Singh.

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