Weekly Current Affairs (Beepedia) 16th-22nd May 2023

RBI, Banking and Economy

• RBI approves Rs 87,416-crore surplus transfer to govt for 2022-23

• RBI to hold 14-day VRR auction of Rs 50,000 crore

• Bank credit grows at a steady 15.5% YoY in early May- shows RBI data

SEBI and FINANCIAL AWARENESS

• IRDAI relaxes norms for surety bonds to expand the market for such products

• IRDAI directs insurers to cover surrogacy expenses under health insurance policy

NABARD & AGRICULTURE

• Ministry of Agriculture and Farmers Welfare inaugurates Integrated Biological Control Laboratory in Hyderabad

• Govt launches training program on entrepreneurship opportunities in agri, industrial waste management

• Under The Flagship Scheme PMMSY seven major Field Studies are being carried out by National Productivity Council

NATIONAL

• MCA Launched C-PACE

• India & Bangladesh launched '50 Start-ups Exchange Programme'

• UGC to launch redesigned website, UTSAH, PoP portals

INTERNATIONAL

• 2025 to be observed as 'special tourism year' in Nepal

• 5,000-year-old 'Great Grandfather' tress is officially the world's oldest

• Papua New Guinea to sign security pact with U.S

STATES

• Asia's first subsea research lab at MIT-World Peace University

• CM Pushkar Singh Dhami inaugurated National Homeopathic Conference ‘Homeocon 2023’

• Kerala government approved Ordinance amending hospital protection Act

REPORTS AND INDEXES

• India supplied ₹422 crore worth arms to Myanmar junta

• India’s ultra wealthy population to grow by 58.4% in next five years- Knight Frank report

• Mumbai ranks 6th in the housing price growth index, globally: Knight Frank Report

SCIENCE AND TECHNOLOGY

• IBM & NASA Joint Venture for New Geospatial Model

• Shri Bhupender Yadav launched Meri LiFE App

DEFENCE

• INDIA-INDONESIA BILATERAL EXERCISE SAMUDRA SHAKTI – 23

• Indian Army conducted Flood Relief Exercise Jal Rahat in Assam

• Indian Navy begins sea trials of Kalvari class submarine Vaghsheer

EVENTS

• UN General Assembly declared Nov 26 as World Sustainable Transport Day

• Union Minister Dr. L Murugan inaugurated India Pavilion at Marché du Film at 76th Cannes International Film Festival in France

• Thiruvananthapuram to host Global Ayurveda Festival in December

AWARDS AND REWARDS

• Nepali Sherpa Pasang became world's 2nd person to scale Everest 26 times

• Astronomical society handsed over lifetime achievement award to Jayant Narlikar

• Tata Sons Chairman Chandrasekaran got France's highest civilian award

SPORTS

• Haryana crowned sub-junior National women’s champion

• Barcelona won La Liga for 1st time since 2019, 27th overall

• French Open 2023: First time since 2004, Nadal won't play at Roland Garros