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Ssc Banking Manthan MANTHAN Current Affairs Supplement – May, 2020 wzz SSC BANKING MANTHAN SSC Banking Manthan : May, 2020 Page : 1 MANTHAN Current Affairs Supplement – May, 2020 Preface Dear Readers, The “Current Affairs” section is an integral part of any examination. This edition of Manthan has been developed by our team to help you cover all the important events of the month for the upcoming exams like SSC Banking, Insurance and RBI etc. This comprehensive bulletin will help you prepare the section in a vivid manner. We hope that our sincere efforts will serve you in a better way to fulfil aspirations. Happy Reading! Best Wishes Team CL SSC Banking Manthan : May, 2020 Page : 2 MANTHAN Current Affairs Supplement – May, 2020 CONTENTS POLITY AND GOVERNANCE ................................................................................................................................................4 National......................................................................................................................................................................... 4 International..................................................................................................................................................................27 ECONOMY AND FINANCE ................................................................................................................................................. 37 Economy News ............................................................................................................................................................37 Banks in News ..............................................................................................................................................................49 Firms in News...............................................................................................................................................................54 SCIENCE AND TECHNOLOGY ............................................................................................................................................ 59 Inventions/Discoveries...................................................................................................................................................59 Inventions/Discoveries...................................................................................................................................................67 Health/ Disease .............................................................................................................................................................71 ECOLOGY AND ENVIRONMENT ......................................................................................................................................... 72 Sports Personalities in News ..........................................................................................................................................77 Sport Events .................................................................................................................................................................78 Awards ............................................................................................................................................................................ 79 Persons in News .............................................................................................................................................................. 82 Obituaries .....................................................................................................................................................................84 Miscellaneous ................................................................................................................................................................. 85 Important Days ................................................................................................................................................................ 89 QUESTIONS ..................................................................................................................................................................... 93 ANSWER KEY AND EXPLANATION .................................................................................................................................. 119 SSC Banking Manthan : May, 2020 Page : 3 MANTHAN Current Affairs Supplement – May, 2020 POLITY AND GOVERNANCE National Maharashtra becomes first state in country to provide free and cashless insurance premium to people of the state Amid the outbreak of COVID-19 pandemic, the Maharashtra Government announced that cent per cent inclusion of population from the state will be provided free health treatment under the Mahatma Jyotiba Phule Jan Aarogya Yojana. Health Minister Rajesh Tope said, with this Maharashtra has become the first state in the country to provide free and cashless insurance premium to the people of the state. “The government has signed a MoU with the General Insurance Public Sector Association (GIPSA) for treatment of COVID-19 patients at private hospitals in Pune and Mumbai. Maharashtra is India’s second-most populous state and third-largest state by area. Nagpur is Maharashtra’s second capital and hosts the winter session of the state legislature. Pune is its cultural capital. Shiv Sena President Uddhav Thackeray takes oath as the Chief Minister of Maharashtra. Uddhav Thackeray is the first of his family to be the chief minister of Maharashtra. His father Bal Thackeray founded the Shiv Sena over five decades ago. Bhagat Singh Koshyari is serving as the current Governor of Maharashtra. WIHG reveals 35 thousand-year history of river erosion in Ladakh Himalayas Scientists and students from Wadia Institute of Himalayan Geology (WIHG), an autonomous institute under the Department of Science &Technology, Govt. of India studied rivers in Ladakh Himalaya, bringing out 35 thousand-year history of river erosion and identified hotspots of erosion and wide valleys that act a buffer zones. The scientists have traced where the rivers draining Himalaya and its foreland erode the most and identify the zones that receive these eroded sediments and fill up. The Ladakh Himalaya forms a high altitude desert between Greater Himalayan ranges and Karakoram Ranges. The Indus and its tributaries are major rivers flowing through the terrain. The Zanskar River is one of the largest tributaries of the upper Indus catchment, draining orthogonally through highly deformed Zanskar ranges. Two prominent tributaries of Zanskar River are the Doda and TsrapLingti Chu, which confluence at Padam village in the upper valley to form the Zanskar River. The Himalayas or Himalaya is a mountain range in Asia separating the plains of the Indian subcontinent from the Tibetan Plateau. The range has many of Earth’s highest peaks, including the highest, Mount Everest (Nepal/China). The Himalayas are inhabited by 52.7 million people and are spread across five countries: Bhutan, China, India, Nepal and Pakistan. SSC Banking Manthan : May, 2020 Page : 4 MANTHAN Current Affairs Supplement – May, 2020 Environment Ministry gives nod for new Parliament project The Environment Ministry’s expert appraisal committee (EAC) has cleared the construction of an additional Parliament building, a part of the government’s controversial Rs 20,000-crore Central Vista project. The Central Public Works Department’s (CPWD) proposal for “expansion and renovation of the existing Parliament building at Parliament Street” was among the projects considered by the EAC at its meetings on April 22-24. The Centre’s proposal to construct a new Parliament building next to the existing heritage structure was approved by the Environment Ministry’s expert appraisal committee (EAC). The EAC, however, said the approval was subject to the outcome of a legal challenge to the change of land-use of the plot, according to the minutes of the meeting. The Sansad Bhavan (Parliament House) is located in New Delhi. It was designed by Edwin Lutyens and Herbert Baker, who were responsible for planning and construction of New Delhi by British government. The construction of buildings took six years and the opening ceremony was performed on 18 January 1927 by the then Viceroy and Governor-General of India, Lord Irwin. The Indian Parliament consists of two houses called the Lok Sabha and the Rajya Sabha with the President of India acting as their head. India is the third biggest spender on military last year: Report India was the world’s third-biggest military spender last year, trailing only the United States and China, the Stockholm International Peace Research Institute (Sipri) said in a report released. This is the first time that India and China have featured among the top three military spenders. Russia and Saudi Arabia were the fourth and fifth largest spenders last year. New Delhi’s defence spending grew 6.8% to reach $71.1 billion in 2019, said the report on Trends in World Military Expenditure. “India’s tensions and rivalry with both Pakistan and China are among the major drivers for its increased military spending,” Sipri senior researcher Siemon T Wezeman said in the report. The Sipri report said India’s military expenditure grew 259% over a 30-year period (1990-2019) and by 37% over decade (2010–19). “However, its (India’s) military burden fell from 2.7% of gross domestic product (GDP) in 2010 to 2.4% in 2019,” the report said. The world military burden — global military expenditure
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