Current Affairs – May 2016

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Current Affairs – May 2016 Current Affairs – May 2016 Current Affairs – May 2016 Current Affairs May 2016 This is a guide to provide you a precise summary and big collection of Multiple Choice Questions (MCQs) covering national and international current affairs for the month of May 2016. This guide helps you in preparation for Indian competitive examinations like Bank PO, Banking, Railway, IAS, PCS, UPSC, CAT, GATE, CDS, NDA, MCA, MBA, Engineering, IBPS, Clerical Grade, Officer Grade etc. Audience Aspirants who are preparing for different competitive exams like Bank PO, Banking, Railway, IAS, PCS, UPSC, CAT, GATE, CDS, NDA, MCA, MBA, Engineering, IBPS, Clerical Grade, Officer Grade etc. Even though you are not preparing for any exams but you are willing to have news encapsulated in a roll which you can walk through within 30 minutes, then we have put all the major points for the whole month in precise and interesting way. Copyright and Disclaimer Copyright 2016 by Tutorials Point (I) Pvt. Ltd. All the content and graphics published in this e-book are the property of Tutorials Point (I) Pvt. Ltd. The user of this e-book is prohibited to reuse, retain, copy, distribute or republish any contents or a part of contents of this e-book in any manner without written consent of the publisher. We strive to update the contents of our website and tutorials as timely and as precisely as possible, however, the contents may contain inaccuracies or errors. Tutorials Point (I) Pvt. Ltd. provides no guarantee regarding the accuracy, timeliness or completeness of our website or its contents including this tutorial. If you discover any errors on our website or in this tutorial, please notify us at [email protected] i Current Affairs – May 2016 Table of Contents Current Affairs May 2016 .................................................................................................................................. i Audience........................................................................................................................................................... i Copyright and Disclaimer .................................................................................................................................. i Table of Contents............................................................................................................................................. ii APPOINTMENTS .......................................................................................................................... 1 AWARDS ................................................................................................................................... 12 DEATHS ..................................................................................................................................... 23 DEFENCE ................................................................................................................................... 27 ECONOMIC ............................................................................................................................... 31 ENVIRONMENT ......................................................................................................................... 49 BANKING ................................................................................................................................... 53 IMPORTANT DAYS ..................................................................................................................... 65 INTERNATIONAL ........................................................................................................................ 69 MISCELLANEOUS ....................................................................................................................... 90 NATIONAL ................................................................................................................................. 93 PERSONS IN NEWS .................................................................................................................. 125 PLACES IN NEWS ..................................................................................................................... 128 REGIONAL ............................................................................................................................... 130 REPORTS ................................................................................................................................. 142 RESIGNATIONS & RETIREMENTS ............................................................................................. 145 ii Current Affairs – May 2016 SPORTS ................................................................................................................................... 146 SCIENCE & TECHNOLOGY ........................................................................................................ 161 VARIOUS COMMITTEES ........................................................................................................... 166 BOOKS & AUTHORS ................................................................................................................. 168 iii APPOINTMENTS Current Affairs – May 2016 News 1: Dilip Tuli to be In-charge as the Senior Vice President of Housing.com The renowned real estate platform, Housing.com, hands over the charge of Senior Vice President - Strategy & New Business Initiatives to former KPMG Director Dilip Tuli to assist with strategy and oversee the new business initiatives, such as transaction facilitation and fulfilment services. Tuli’s appointment follows closely on the heels of the recent addition of Vineet Singh, Former Business Head of 99acres, who joined the company in a senior advisory role and invested an undisclosed amount in Housing.com. At KPMG, he was a Director with the Deal Advisory Practice assisting a cross section of clients in evaluating Financial, Commercial and Forensic Risks and Opportunities of their investment plans. During the last two years, Dilip was a senior member of the sector team responsible for Logistics and Industrial Markets at KPMG. News 2: Eminent Statistician, Dr. Radha Binod Barman, Nominated as the Chairperson of the National Statistical Commission Dr. Radha Binod Barman, an eminent statistician, has taken over as the part-time Chairperson in the National Statistical Commission. Prof. S. Mahendra Dev, Prof. Rahul Mukherjee, Dr. Rajiv Mehta and Dr. Manoj Panda are the other part-time Members in the Commission. The Chief Executive Officer, NITI Aayog is the ex-officio Member in the Commission. The Commission is an advisory body on all statistical matters, set up to enhance public trust in official statistics. 1 Current Affairs – May 2016 News 3: Kishore Biyani Appointed as the MD of Bharti Retail Future Group's Chief Executive Kishore Biyani has been appointed as the Managing Director of Bharti Retail. Future group, in May 2015, agreed to merge its retail business with rival Bharti Retail in an all-stock deal worth Rs. 750 crores to create one of the biggest supermarket chains with Rs. 15,000 crore turnover. Mr. Rakesh Biyani, who is also a director at the Future Group, has also been appointed as the Joint Managing Director of Bharti Retail, which will be later renamed as the Future Retail Ltd. News 4: Sameer Chadha Appointed as the CEO in KPMG India KPMG's offshore arm in India appointed Mr. Sameer Chadha as their Partner and CEO. Chadha was earlier working with Barclays Shared Services, where he was the Chief Executive Officer. Prior to working with Barclays, he held strategic leadership roles at firms such as Bank of America, First Source Solutions and Lehman Brothers. He has 25 years of experience with leading organizations across the financial services and consumer goods sectors. He is a chartered accountant and holds a Bachelor of Commerce degree from the Shri Ram College of Commerce, Delhi University. News 5: Sunil Lanba to Assume Charge as the Next Chief of Naval Staff Vice Admiral Sunil Lanba, the Flag Officer Commanding-in-Chief (FOC-in-C) of the Western Naval Command will assume charge as the new Chief of Naval Staff. He will replace Admiral RK Dhowan. The 58-year-old Lanba is a specialist in Navigation and Direction and also a recipient of the Param Vishisht Seva Medal and the Ati Vishisht Seva Medal. He will assume charge on the 31st of May and will have the full three-year tenure as the Navy Chief. Lanba was commissioned into the executive branch of the Navy on January 1, 1978 and has held several commands as well as staff appointments during his 38-year career with the Navy. 2 Current Affairs – May 2016 News 6: Ferrari Named Sergio Marchionne as its CEO Ferrari announced Sergio Marchionne as its CEO. It has though retained his position as the Chairman. Marchionne, who is also the CEO of the mass-market carmaker Fiat Chrysler Automobiles NV, replaces long-time CEO Amedeo Felisa, who is retiring after 26 years at Ferrari. The appointment was followed after Ferrari posted its best first-quarter earnings ever, a 19 percent increase in the net profit which went up to 78 million euros ($89.5 million). That compares with the €65 million (US$75.1 million) in the same period last year. News 7: SC Collegium Recommended the Transfer of Uttarakhand Chief Justice to Andhra Pradesh The Supreme Court (SC) Collegium, headed by the Chief Justice of India TS Thakur recommended transfer of Uttarakhand High Court Chief Justice KM Joseph to Andhra Pradesh High Court. Justice Joseph, 57, was appointed as the Chief Justice
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