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Daily & Latest Current Affairs in 2025

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A)
$2.25 billion
B)
$2.70 billion
C)
$2.94 billion
D)
$3.28 billion

Correct Answer :   $2.25 billion


The World Bank will provide financial aid of 2.25 billion dollars to Bangladesh for five projects.

* Accelerating transport and trade connectivity in Eastern South Asia worth $753.45 million

* USD 500 million for Resilient Infrastructure Building Project

* USD 500 million First Bangladesh Green and Climate Resilient Development

* USD 250 million Sustainable Microenterprise and Resilient Transformation

* USD 250 million Bangladesh Environmental Sustainability and Transformation.

Source : The Financial Express

Published On : May 3, 2023
A)
First Sunday of May
B)
First Monday of May
C)
First Tuesday of May
D)
First Wednesday of May

Correct Answer :   First Tuesday of May


World Asthma Day is an annual event observed on the first Tuesday of May to raise awareness and promote better asthma management and care worldwide.

This day is organized by the Global Initiative for Asthma (GINA) in collaboration with healthcare professionals, patient organizations, and public health agencies.

World Asthma Day 2023 falls on May 2.

World Asthma Day 2023 Theme : "Asthma care for All" is the theme that GINA has chosen for World Asthma Day in 2023. The bulk of asthma-related morbidity and mortality are concentrated in low- and middle-income nations. GINA encourages medical administrators to guarantee patients have access to the availability of efficient, high-quality pharmaceuticals in an effort to lessen this burden. The Asthma Care for All campaign encourages the creation and adoption of efficient asthma management plans in all resource-rich nations.

World Asthma Day History : The history of World Asthma Day dates back to 1998 when GINA launched its first World Asthma Awareness Day. It was observed on the first Tuesday of June in more than 35 countries worldwide. Later, in 2008, GINA changed the name to World Asthma Day and moved the date to the first Tuesday of May to reach a broader audience and focus on the latest advances in asthma research and treatment.

World Asthma Day Significance : The significance of World Asthma Day is to increase understanding of the disease's pathophysiology, promote asthma education, and improve the quality of life for people living with asthma. The day's theme changes every year, depending on GINA's priorities, and focuses on raising awareness about specific aspects of asthma and asthma care..

Source : NDTV

Published On : May 2, 2023
A)
Yoshua Bengio
B)
Geoffrey Hinton
C)
Alex Krizhevsky
D)
Sergey Brin

Correct Answer :   Geoffrey Hinton


* Geoffrey Hinton, the Godfather of Artificial Intelligence (AI) left his job at Google and indicates the alarming dangers of technological robotic devices or chatbots.

* 75-year-olf Hinton tweets that he did not resign to criticize the company in fact he wants to spread awareness about the possible outcomes of advancement in machinery systems.

* Mr Hinton has worked extensively on neural networks and is widely known as a computer scientist and a renowned name in cognitive psychology.

Note : Geoffrey Hinton has left Google and spoken about the dangers of Artificial Intelligence (AI).

Published On : May 2, 2023
A)
Puducherry
B)
Lakshadweep
C)
Chandigarh
D)
Meghalaya

Correct Answer :   Lakshadweep


India has said that to promote universal holistic health, it is important to recognize and respect cultural diversity and integrate traditional healing practices into modern healthcare systems.

Addressing the opening session of the Science 20 Thematic Conference on Universal Holistic Health at Bangaram Island in "Lakshadweep", co-chair of Science 20 and President of Indian National Science Academy Prof. Ashutosh Kumar Sharma said this approach will promote not only health and well-being, but also helps to maintain cultural identity and values.

A bouquet of approaches is needed to achieve holistic health care delivered to everyone in an inclusive, equitable and just fashion.

Prof Sharma also called for a strong mental health policy to promote mental health, prevent mental illness and ensure access to quality mental health services for all. He said mental health is not a luxury, but a fundamental human right that affects individuals, families, communities and societies as a whole.

He observed that mental health is often overlooked, stigmatized and neglected in many parts of the world, leading to a global mental health crisis. He urged the scientific community to prioritize mental health and take concrete steps to address the challenges.

48 delegates from G-20 countries are participating in the two-day meet, held as part of India's G20 Presidency..

Source : AIR

Published On : May 2, 2023
A)
Axis Bank
B)
ICICI Bank
C)
American Express
D)
JP Morgan Chase & Co

Correct Answer :   JP Morgan Chase & Co


JPMorgan Chase & Co. said on Monday (1st May 2023) that it had acquired a substantial majority of assets and assumed certain Liabilities of First Republic Bank.

* First Republic Bank’s 84 branches in eight states will reopen Monday as branches of JPMorgan Chase Bank.

* First Republic specializes in private banking that caters to wealthier people, much like Silicon Valley Bank, which failed in March, focused on venture capital firms.

* San Francisco-based First Republic has struggled since the collapse of Silicon Valley Bank and Signature Bank in early March, as investors and depositors grew increasingly worried the bank may not survive as an independent entity. First Republic is the third major US bank to collapse in recent months.

* The bank has been bought and sold several times over the years, with Merrill Lynch & Co. paying $1.8 billion to acquire First Republic in 2007. Ownership passed to Bank of America when it bought Merrill Lynch in 2009, and changed hands again in mid-2010, when investment firms including General Atlantic and Colony Capital purchased First Republic for $1.86 billion and then took it public.

* Eleven US banks had tried to keep First Republic afloat by pledging $30 billion of fresh deposits on March 16, with JPMorgan, Bank of America Corp., Citigroup Inc. and Wells Fargo & Co. pitching in $5 billion each. Goldman Sachs Group Inc. and Morgan Stanley and other banks offered smaller amounts as part of a plan devised along with US regulators...

Source : Mint

Published On : May 2, 2023
A)
NABARD
B)
Ministry of Home Affairs
C)
NITI Aayog
D)
Ministry of External Affairs

Correct Answer :   NITI Aayog


NITI Aayog 1st May 2023 released the “Best Practices in Social Sector: A Compendium, 2023” in collaboration with the United Nations Development Programme.

Reason : To commemorate 75 years of India’s independence and highlight and laud the efforts of Union Ministries and State Governments, this compendium includes 75 case studies cutting across 14 key social sectors.

* The case studies have been sourced from all States and Union Territories and 30 Ministries and Departments of the Government of India. The aim of this exercise has been to synthesise lessons for the future to expand, enhance and improve life at the grassroots level.

* In his address, Vice Chairman of NITI Aayog Suman Bery said that this publication is an opportunity for peer-to-peer learning among states, to applaud the efforts of innovations taking place in the States and to adopt practices that are best suited to the context. He added that this document should be made a living document and should be an active tool for innovation and scale-up.

* Chief Executive Officer of NITI Aayog BVR Subrahmanyam said that the utility of the compendium lies in the potential of its case studies being replicated across States and Union Territories.

* In his remark on the compendium, Resident Representative of UNDP India, Shoko Noda said that this document is not only significant for peer learning among states, but also an important source for other countries to learn from India’s successes.

* NITI Aayog said that the seventy-five best practices highlight models which are innovative, sustainable, replicable and impactful..

Source : AIR

Published On : May 2, 2023
A)
$50 billion
B)
$75 billion
C)
$100 billion
D)
$125 billion

Correct Answer :   $50 billion


India's exports to the UAE are expected to reach $50 billion by 2026-27 from $31.3 billion at present on the back of the free trade agreement between the countries.

Commerce Secretary Sunil Barthwal has informed that the trade between India and the UAE has grown significantly after the implementation of the trade agreement on May 1, 2022.

The India-UAE Comprehensive Economic Partnership Agreement (CEPA) which was signed between the two nations on 18 February 2022...

Source : Outlook India

Published On : May 2, 2023
A)
Papagari Thanmai
B)
Zoya Aggarwal
C)
Teo Ah Hong
D)
Vanessa Hudson

Correct Answer :   Vanessa Hudson


Australia's flagship carrier, Qantas Airways Ltd (QAN.AX), on Tuesday (2nd May 2023) named finance chief Vanessa Hudson as its next chief executive officer, making her the first woman to lead the century-old airline.

Hudson will in November take over from Alan Joyce, whose 15 years in the job has made him one of the longest-serving current CEO of a major Australian company, and a high-profile figure in the global aviation industry.

Hudson will be one of the few female executives leading a major company in Australia, although rival carrier Virgin Australia also has a woman as its CEO, Jayne Hrdlicka...

Source : Reuters

Published On : May 2, 2023
A)
Russia
B)
Australia
C)
Singapore
D)
Malaysia

Correct Answer :   Australia


* For the first time in the history of Ladakh the Australian High Commission in India has announced its Government Grant for a Project in Kargil.

* This was announced during a Special Meeting at Srinagar chaired by the Australian high commissioner to India,  Barry O'Farrell.

* The project "Return to Roots" aims to integrate traditional knowledge with the current school science curriculum in alignment with the goals of the National Education Policy which includes increasing scientific engagement among school children of the tribal background...

Source : AIR

Published On : May 2, 2023
A)
India and Russia
B)
India and France
C)
India and Japan
D)
India and United States

Correct Answer :   India and Russia


India and Russia have agreed to explore the possibility of accepting each other's payment cards, RuPay (India) and Mir (Russia), for hassle-free payments between the two countries.

During the latest meeting of the Internal Governmental Commission on Trade, Economic, Scientific, Technological, and Cultural Cooperation (IRIGC-TEC), which was jointly chaired by External Affairs Minister of India S Jaishankar and Russia's Deputy Prime Minister Denis Manturov, the decision was made.

Mutual acceptance of RuPay and Mir cards will facilitate transactions in Indian rupees and Russian rubles, making it easier for citizens of both countries to carry out cross-border payments.

In addition, the meeting also explored the possibility of interaction between India's Unified Payments Interface (UPI) and Russia's Faster Payments System (FPS).

Both countries also agreed to explore the adoption of the Russian financial messaging system, the Services Bureau of Financial Messaging System of the Bank of Russia, for cross-border payments.

Currently, overseas payments from India and Russia are made through the SWIFT network, and exploring alternative payment options is necessary to minimize the impact of sanctions imposed on Russia by the West.

The meeting's participants also discussed the recent launch of the cross-border connectivity between UPI and Singapore's PayNow. This linkage enables people in both countries to undertake faster and cost-efficient digital transfers, benefiting the Indian diaspora in Singapore, including migrant workers and students...

Source : Business Today

Published On : May 2, 2023