Current Affairs Amazing Facts

  Veteran Telugu actor Rallapalli Venkata Narasimha Rao passed away in Hyderabad following a cardiac arrest. He was 74. He had also worked as a staff artiste in the Ministry of Information and Broadcasting. Ralapalli acted in more than 800 films and was popular as a comedian and character artiste. He was a five-time winner of the prestigious Nandi award in undivided Andhra Pradesh.
Source- News on AIR

 The Geological Survey of India (GSI) in its report revealed that about 35 % of India’s total Graphite reserves are found in Arunachal Pradesh. This is the highest found in the country. GSI has been suggested to move the survey and drilling activities towards the India-China border considering that China is reportedly undertaking huge mining activities in Tibet.
Source- The Hindu

  US President Donald Trump has rolled out a merit-based immigration system from which foreigners, including hundreds and thousands of Indian professionals and skilled workers, waiting to get Green Cards or permanent legal residency stand to benefit. He made the announcement in his Rose Garden speech. As per the proposed system, permanent legal residency would be given based on points for their age, knowledge, job opportunities and civic sense. The proposals significantly increase the quota for skilled workers from the existing nearly 12% to 57%.
Source- AIR World Service

  The Saudi government has approved for the first time a scheme that gives permanent residency to certain expatriates, allowing them to own real estate in the kingdom and reside with their families without a Saudi sponsor. The “Privileged Iqama” system will offer a permanent residence scheme and one that can be renewed annually to highly skilled expatriates and owners of capital funds.
Source: Livemint

  Ujjivan Small Finance Bank Limited has appointed Nitin Chugh as its next Managing Director and Chief Executive Officer (CEO) from December 1, 2019. Bank’s current MD and CEO, Samit Ghosh is retiring on November 30, 2019. The bank has received the approval of its application for Chugh’s appointment, from the Reserve Bank of India (RBI).
Source: The Hindu Business Lines

  Jeffrey Rosen was confirmed as the United States’ latest deputy attorney general by the US Senate after his predecessor, Rod Rosenstein, left the department. Rosenstein oversaw Special Counsel Robert Mueller’s investigations into Russian collusion in the 2016 Presidential elections, before stepping down from his post in April.
Source- Business Standard

  IBM India has tied-up with HDFC ERGO General Insurance Company, India’s third-largest non-life insurance provider in the private sector, to co-create new Artificial Intelligence (AI)-based solutions. Leveraging IBM Garage that uses data-driven insights to develop end-to-end strategies and solutions for business transformation, teams from HDFC ERGO and IBM Services will work together to develop and test new solutions.
Source: Livemint

  May 16th is celebrated globally as the International Day of Light. 2019 marks the global celebration of the second edition of the event. It is an official observance of UNESCO that provides an annual focal point for the continued appreciation of light and the role it plays in science, culture, and art, education, sustainable development, communications, and energy.
Source: UNESCO

 World Telecommunication & Information Society Day is observed all over the world on 17th May. The theme forWorld Telecommunication & Information Society Day 2019 is ‘Bridging the Standardization Gap’. The purpose of observing the Day is to help raise awareness of the possibilities that the use of the Internet and other information and communication technologies can bring to societies and economies, as well as of ways to bridge the digital divide.
Source- News on AIR

  Commandos of the premier counter-terror force National Security Guard (NSG) created history as they scaled the Mount Everest (world’s highest peak) in their maiden attempt.  A seven-member team of NSG, led by Lt Col J P Kumar, successfully unfurled the Indian flag at the 8,848-metre tall peak. This is the first expedition of the NSG to the Mount Everest and the force has been preparing for it since 2017.
Source- The Hindu



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