The Monthly Hindu Review | Current Affairs | May 2021 1 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App The Monthly Hindu Review | Current Affairs | May 2021 Contents The Most Important Current Affairs May 2021............................................................................................................. 3 Banking and Financial Current Affairs .......................................................................................................................... 7 Economy Current Affairs ................................................................................................................................................... 8 Business Current Affairs ................................................................................................................................................... 9 International Current Affairs .......................................................................................................................................... 10 National Current Affairs.................................................................................................................................................. 12 States Current Affairs ....................................................................................................................................................... 14 Schemes/Committees ....................................................................................................................................................... 17 Agreement/Memorandum of Understanding (MoU) ................................................................................................. 17 Appointments/Resignations (National & International) .......................................................................................... 19 Ranks and Reports ............................................................................................................................................................ 21 Sports Current Affairs ...................................................................................................................................................... 22 Summits And Conferences .............................................................................................................................................. 24 Awards & Recognition ..................................................................................................................................................... 24 Important Days .................................................................................................................................................................. 26 Defence Current Affairs .................................................................................................................................................. 30 Science and Technology .................................................................................................................................................. 31 Books & Authors ............................................................................................................................................................... 32 Miscellaneous Current Affairs ....................................................................................................................................... 32 Obituaries ........................................................................................................................................................................... 34 Static Takeaways ............................................................................................................................................................... 37 2 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App The Monthly Hindu Review | Current Affairs | May 2021 The Most Important Current Affairs May 2021 RBI sets up an advisory group to assist RRA 2.0 In the men’s category, World number two Rafael Nadal of Spain won the 2021 “Laureus Sportsman of the The Reserve Bank of India (RBI) has constituted an Year” title. This is the second title for Nadal, who also advisory group to assist the second Regulatory Review claimed the prestigious award in 2011. Authority (RRA 2.0), which was set by the central bank on May 01, 2021 to streamline regulations and reduce Here is the complete list of Winners: the compliance burden of regulated entities. The • Sportsman of the Year Award: Rafael Nadal Advisory Group will be headed by SBI Managing • Sportswoman of the Year Award: Naomi Osaka Director S Janakiraman. • Team of the Year Award: Bayern Munich Other members of the 6-member advisory group are: • Breakthrough of the Year Award: Patrick Mahomes • T T Srinivasaraghavan (Former Managing Director • The comeback of the Year Award: Max Parrot and Non-Executive Director, Sundaram Finance), • Sport for Good Award: KICKFORMORE by • Gautam Thakur (Chairman, Saraswat Co-operative KICKFAIR Bank), • Lifetime Achievement Award: Billie Jean King • Subir Saha (Group Chief Compliance Officer, ICICI • Athlete Advocate of the Year Award: Lewis Bank), Hamilton • Ravi Duvvuru (President and CCO, Jana Small • Sporting Inspiration Award: Mohamed Salah Finance Bank), • Sporting Moment of the Year Award: Chris Nikic • Abadaan Viccaji (Chief Compliance Officer, HSBC India) Pakistan’s Babar Azam Wins ICC Players of the About the RRA 2.0: Month for April 2021 • The second Regulatory Review Authority (RRA 2.0), has been set up for a period of one year from Pakistani skipper Babar Azam has been named the ICC May 01, 2021, to review the regulations, circulars, Men’s Player of the Month for April 2021 for his reporting systems and compliance procedures for consistent and stellar performances across all formats in streamlining them and making them more effective. the recently concluded series against South Africa. The • The group will assist the RRA 2.0 by identifying ICC Player of the Month Awards recognise and regulations, guidelines, and returns that can be celebrate the best performances from both male and rationalised, and submit reports periodically to female cricketers across all forms of international cricket RRA containing the recommendations/suggestions. throughout the year. Naomi Osaka wins top title at 2021 Laureus Along with Babar, Australian women’s team World Sports Awards wicketkeeper-batsman Alyssa Healy also bagged the ICC Women’s Player of The Month accolade for her World number two tennis player Naomi Osaka of incredible performances during the month of April. Japan has been named “Sportswoman of the Year” at Healy’s consistency with the bat has played a the 2021 Laureus World Sports Awards. This is Osaka’s significant role in Australia’s dominance. Healy has second Laureus Sports Awards. In 2019, she won the shown her class in all conditions and against all types of “Breakthrough of the Year” award. bowling in the recent series against New Zealand. ISRO develops 3 cost-effective ventilators, oxygen concentrator The Indian Space Research Organisation’s Vikram Sarabhai Space Centre (VSSC), has developed three different types of ventilators and an oxygen concentrator at a time when a shortage of this critical medical equipment resulted in the deaths of many Covid-19 patients across the country. Based on designs, features and specifications, we have named them, Prana, VaU and Svasta. All three are user-friendly, fully automated and with touch-screen specifications, meeting all safety standards. 3 www.bankersadda.com | www.sscadda.com | www.careerpower.in | Adda247 App The Monthly Hindu Review | Current Affairs | May 2021 Technology transfer will be done for the commercial • Satpura Tiger Reserve in Madhya Pradesh, production of these three ventilators and the one • Maharashtra Military Architecture oxygen concentrator by this month itself. Likely to be • Hire Benkal Megalithic site, priced around ₹1 lakh, the ventilators developed by the • Bhedaghat Lametaghat of Narmada Valley in ISRO were cost-effective and easy to handle compared Madhya Pradesh to the mini conventional ventilators that are currently ₹ Forbes Highest paid Athletes list 2021 released priced around 5 lakh. About the Prana, VaU, Svasta and Shwaas: Forbes has unveiled its annual list of the 10 highest- paid athletes of the year. UFC star Conor McGregor • Prana is meant to deliver respiratory gas to the has topped the Forbes list by earning $180 million in patient by automated compression of an Ambu bag, the past year beating soccer superstars Lionel Messi Svasta is designed to work without electric power, and Cristiano Ronaldo to become the highest-paid and the VaU is a low-cost ventilator equivalent to athlete in the world. The factors used by Forbes’ for commercially available high-end ventilators. calculation include all prize money, salaries and • The VSSC has also developed a portable medical bonuses earned between May 1, 2020, and May 1, 2021. oxygen concentrator called Shwaas. It is capable of supplying 10 litres of enriched oxygen per minute, Ranking Index adequate for two patients at a time. • It enhances the oxygen gas content by selectively Rank Name Sports Earning separating the nitrogen gas from ambient air Conor McGregor 1 MMA $180 million through Pressure Swing Adsorption (PSA) which (Ireland) is commonly used for the production of oxygen Lionel Messi 2 Soccer $130 million from the air. (Argentina) Cristiano Andrea Meza crowned 69th Miss Universe 2020 3 Ronaldo Soccer $120 million