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Important Current Affairs 29th May 2020

National

NPCI Launches AI virtual assistant ‘PAi’ to create product awareness

• The National Payment Corporation of India (NPCI) has launched an artificial intelligence (AI) based chatbot called PAi, to create awareness around its products like FASTag, RuPay, UPI, AePS on a real time basis.

• PAi is developed by Bengaluru based startup CoRover Private Limited. The AI virtual assistant, PAi will be available round the clock to provide accurate information on NPCI products.

FM Nirmala Sitharaman chairs 22nd Meeting of FSDC

• The 22nd Meeting of the Financial Stability and Development Council (FSDC) was chaired by the Union Minister for Finance & Corporate Affairs Nirmala Sitharaman in New Delhi.

• The FSDC meeting featured the participation of senior officers of the Government of India as well Financial Sector Regulators. The participants of the meeting reviewed the measures taken by the Government of India and the regulators in the recent months to maintain the financial stability

International

European Union announces Euros 750 billion recovery fund

• European Union (EU) Commissioner Paolo Gentiloni recently announced that the EU has proposed a recovery fund of 750 billion euros to revive the economy of member countries.

• The proposal came as the 27-nation group has gone into deep recession, which is ravaging the economies of the nations worldwide.

Banking and Economy

ADB approves USD 177 mn loan for road projects in Maharashtra

• The Asian Development Bank on May 27, 2020 approved a USD 177 million loans for road projects in Maharashtra. The projects aim to improve connectivity to national highways, interstate roads, seaports, airports, district headquarters, rail hubs, enterprise clusters, industrial areas and agricultural areas.

• Under the project, around 450 km of state highways and major district roads will be upgraded in Maharashtra.

Science and Technology

NASA postpones its long-awaited launch of American Astronauts to ISS due to bad weather

• The National Aeronautics and Space Administration (NASA) postponed the scheduled launch of American Astronauts to the International Space Station from American soil on May 27, 2020 due to bad weather. NASA called off its most-awaited mission minutes before the launch.

• This will be the first launch of astronauts from American soil since 2011. Large crowds had gathered along Florida's Space Coast to watch the historic moment. The launch is a joint operation between NASA and SpaceX.

Sports

36th National Games postponed indefinitely

The 36th National Games, planned for October-November in Goa, was deferred indefinitely. The National Games organising board has chosen to defer National Games.

Days

World Hunger Day

• World Hunger Day is observed globally on 28 May every year. The objective of this day is to raise awareness about more than 820 million people living in chronic hunger worldwide.

• It is observed since 2011 to not only spread awareness about the malaise of chronic hunger but also to solve hunger and poverty through sustainable undertakings.

• The Hunger Project is US based organization committed to the sustainable end of world hunger.

International Day of United Nations Peacekeepers

• The International Day of United Nations Peacekeepers is observed on May 29 annually to pay tribute to all the men and women who have served and continue to serve in United Nations peacekeeping operations for their high level of professionalism, dedication, and courage and to honor the memory of those who have lost their lives in the cause of peace.

• The day was designated by United Nations General Assembly on December 11, 2002 and first celebrated in 2003.The 2020 Theme: Women in Peacekeeping: A Key to Peace.

World Digestive Health Day

• Every year, the World Digestive Health Day (WDHD) is observed on 29 May. It is organised by the World Gastroenterology Organisation (WGO) in collaboration with the WGO Foundation (WGOF).

• The theme of WDHD 2020 is Gut Microbiome – A Global Perspective

uday kumar 1 Months ago
Yet to be approved!