Current Affairs –12th May 2020

 Nirmala Sitharaman launches INR - USD

1. Nirmala Sitharaman launches INR - USD Contracts yet Options contracts among the International Exchanges at GIFT-IFSC.
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitaraman launched INR-USD Futures yet Options contracts concerning the twins International Exchanges, viz BSE’s India INX then NSE’s NSE-IFSC, at GIFT International Financial Services Centre at Gandhinagar(Gujarat) nowadays via video conference.
Over the remaining decennary and so an extensive demand quantity between financial capabilities associated according to India has moved after sordid global economic centers.

Bringing this commercial enterprise in accordance with India is genuinely excellent among terms on economic pastime and work positive factors because of India.

The beginning regarding INR-USD contracts at the exchanges between GIFT-IFSC is a quadrant between that direction. This will stay handy 22 hours throughout every epoch zones because of every world individuals from GIFT IFSC.

Given the world-class business surroundings then aggressive tax government at GIFT-IFSC, such is anticipated that buying and selling concerning INR-USD contracts can also deliver volumes after India. This would also deliver large international sharing of India via IFSC or join India’s IFSC globally. It would also bring larger global participation in India through IFSC and will also connect India IFSC globally as it will be available for all global part participants from GIFT IFSC.

2. DRDO develops UV sanitization regulation 'DRUVS' because of Electronic devices
DRDO develops UV sanitization


India's Defence Research and Development Organisation (DRDO) has devised an ultraviolet sanitization system to sanitize all digital gadgets, forex and papers. The UV cupboard will be automated, contactless. The Defence Ministry has developed this system as the usa fights coronavirus outbreak and the device will be referred to as Defence Research Ultraviolet Sanitiser (DRUVS).
The gadgets DRUVS can sanitize Mobile phones, iPods, laptops, currency notes, cheque leaves, challans, passbooks, paper, envelopes, etc.
India's COVID-19 tally endured to upward shove with the whole number of established cases touching 67,152 on Monday, data on the Union Ministry of Health and Family Welfare internet site showed.
Of the complete cases in the country, 44,029 are lively cases whilst 20,917 men and women have been cured and discharged from the hospitals. The demise toll has mounted to 2,206 while one character has migrated to some other country, according to the information released via the Health Ministry. India added 4,213 new Covid-19 cases over 24 hours, in accordance to the Union Ministry’s 8:00 am update on 11th May.
The Defence Research or Development Organisation (DRDO) has developed an extremely-violet (UV) disinfection tower for speedy then chemical-free disinfection about excessive infection-prone areas, such spoke of within a statement. The tools named UV Blaster is “useful because of excessive-tech surfaces as electronic equipment, computer systems yet other gadgets of laboratories then places of work so much are not suitable because of disinfection along with chemical methods. It was once designed or advanced by way of Laser Science & Technology Centre (LASTEC) based among Delhi with the assist of New Age Instruments and Materials Private Limited, Gurugram.
Important Point for exam view:


  • Chairman of defense Research and development organization: G. Satheesh Reedy.
  • Headquarters of DRDO: New Delhi



3. Bharosa helpline launched in Odisha.

Ramesh Pokhriyal emphasized the steps are taken with regard to the new academic calendar and virtual mode Union HRD Minister Ramesh Pokhriyal ‘Nishank’ over Monday (May 11) launched the Central University over Odisha's helpline “Bharosa” then its helpline number. durability Ramesh Pokhriyal emphasized the steps taken including think according to the latter tutorial calendar and digital passion about education. Ramesh Pokhriyal observed that the state is running thru a difficult phase appropriate in accordance with the raid about the COVID-19 pandemic yet liked the government’s efforts according to include the epidemic. The Union Minister extended his good desires according to the dignitaries present at the Helpline open function such as the Vice-Chancellors, Heads concerning Institutions, Registrars, yet Faculty regarding various institutions between Odisha, rebuke the Central or State Universities or lousy Institutions about Higher Education o vie the Bharosa initiative.

Important Point for exam view:

Chief Minister of Odisha: Naveen Patnaik
Odisha Governor: Ganeshi Lal

4. Indu Shekhar Chaturvedi changes Anand Kumar as much MNRE Secretary

The Union governance has dummy Indu Shekhar Chaturvedi so the minister about the Ministry about New then Renewable Energy (MNRE). Chaturvedi, a 1987 bundle Jharkhand cadre IAS officer, replaces Anand Kumar whichever has been developed in conformity with the Ministry concerning Culture afterward a stint on about three years with MNRE. Kumar, a Kerala cadre officer about 1984 bundle has been an MNRE secretary due to the fact June 2017.

He takes the Appointment Committee of the Cabinet (ACC), has roped-in Tarun Kapoor, currently the Vice Chairman of Delhi Development Authority, as much Secretary, Ministry of Petroleum & Natural Gas.
Important Point for exam view:

  • Minister of State for New Renewable Energy: Raj Kumar Singh

5. On the 159th birth anniversary of Rabindranath Tagore, Israel named a street Tagore Stree

On the 159th birth anniversary of Rabindranath Tagore, Israel paid homage to Tel Aviv by naming a street. Tagore, whoever wrote his poetry, novels, stories then performs within Bengali, In 1913 she won the prestigious Nobel reward between writing then until now, that is the solely Parnassian beside India in accordance with have made so.

The rhymer also created the minstrelsy so the opposite grew to become the countrywide ode about India. Interestingly, the national ode concerning Bangladesh, 'Amar Sonar Bangla', used to be additionally written by means of the equal Bengali poet.

Important Point for exam view:

  • Capital of Isreal: Jerusalem.
  • Prime Minister of Isreal: Benjamin Netanyahu.
  • Isreal Currency: Israeli shekel.


5. International Nurses Day 2020: 

Learn when and why International Nurses Day is celebrated

International Nurses Day is observed globally on 12th May in Every Year. The contribution of the doctors in giving life to the sick is not less than that of the nurse.

The nurse serves the sick with body and mind. Nurses save the patient's life regardless of their care.

This day is dedicated to his contribution. Also, the day is a tribute to Florence Nightingale, the founder of nursing in the world.

International Nurses Day is celebrated on 12 May every year in memory of nursing mother Florence Nightingale. He served the patients and patients wholeheartedly with the lanterns and wounded soldiers during the premia war, which is why she was called 'Lady with the Lamp'.

Born in the British family on 12 May 1820, Florence Nightingale is remembered for her service spirit. He founded St. Tomas Hospital in 1860 and a nightingale training school for nurses.
Dorothy Sutherland, an officer in the US Department of Health, Education, and Welfare, first proposed to celebrate Nurses Day in 1953. It was announced to celebrate 12 May in January 1974 as International Day. On 12 May, Florence Nightingale, the founder of modern nursing, was born on this day. It was decided to celebrate her birthday as International Nurses Day. Since 1965, the day has been celebrated every year by the International Council of Nurses as International Nurses Day.

Important Point for exam view:

  • International Council of Nurses Headquarters: Geneva, Switzerland.
  • International Council of Nurses founded in : 1899
  • International Council of Nurses President: Annette Kennedy.


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