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Important Current Affairs May 2017 3rd Week up to 24th May 2017

Important Current Affairs May 2017 Questions & Answers –  17th May to 24th May 2017

Important Current Affairs May 2017 3rd Week

Banking and Economy News May 2017

Which of the private sector bank has signed a MoU with LIC (Life Insurance Corporation) of India for selling LIC products of LIC?
Karnataka Bank.

The Indian Govt. has changed the base year to calculate Wholesale Price Index (WPI) and Index of Industrial Production (IIP) from 2004-05 to ____________.

Which bank launches new trading platform named ‘Selfie’ for its customers by collaborating with India’s leading retail financial services company?
Federal Bank.

Important Notes:
Head Quarter’s of Federal Bank: Kochi, Kerala.
CEO: Shyam Srinivasan.

Which country will be hosting the annual meeting of AFDB (African Development Bank) on 23rd May 2017 for the first time?

Points remember about AfDB:
Head Quarters: Tunis, Tunisia (from 2003).
President/CEO: Akinwumi Adesina.

Which bank invests Rs. 9000 crore in an Indian popular mobile payments platform?
Softbank (Japan).

Points to Remember:
Paytm Founded in 2010,
CEO of Paytm: Vijay Shekhar Sharma.
Head Quarters: Noida, Uttar Pradesh

Softbank’s Chairman and CEO: Masayoshi Son,
Head Quarters: Tokyo, Japan.

Which of the e-commerce mobile wallet has got final approval from the Reserve Bank of India to set up Payment Bank?

The HDFC Life has tied up with which bank for bancassurance (selling its insurance products)?
Catholic Syrian Bank (CEO: CVR Rajendran, Head Quarters of Catholic Syrian Bank: Thrissur).

Recently the Reserve Bank of India has initiated PCA (Prompt Corrective Action) framework on which two PSU banks due to high bad loans and losses?
IDBI Bank (1st )
UCO Bank (2nd)

Points to Remember:
UCO Bank CEO: Ravi Krishan Takkar,
Head Quarters: Kolkata,
Tagline: Honour your Trust.

Who is the newly appointed Deputy governor of RBI?
B P Kanugo.

What are the two possibilities introduced by the union government for resolving the stressed assets in banking organizations under Insolvency and Bankruptcy Code (IBC), 2016?
SARFAESI and Debt Recovery Acts

Which are the two new sections introduced under Banking Regulation (Amendment) Ordinance, 2017?
Section 35AA and Section 35AB.

The Indian private sector bank – YES Bank has been tied with which financial organization to offer loans for its customers?

National & International Affairs May 2017

Name the surface to air missile recently test fired from India at Odisha test range?

Who was elected as the first female president of Taiwan?

Taiwan Capital: Tapei,
Currency: New Taiwan dollar.

Which is the bilateral naval exercise between India and Singapur?
SIMBEX- 17 (SIMBEX – Singapore-India Maritime Bilateral Exercises).

According to Forbes Magzine, Who topped the list of “Global Game Changers” in 2017?
Mukesh Ambani (For his efforts to spread the internet all over India through Reliance Jio mobile networks).

Which state government has joined in nation’s subsidized medicine scheme ‘ Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP)?

India has been tied up with which country for mutual cooperation on customs matters?

Points to Remember:
Tajikistan capital: Dushanbe
currency: somoni
Prime Minister: Kokhir Rasulzoda.

Who was elected as president of Iran from recent elections?
Hassan Rouhan.
Iran Capital: Tehran
Currency: Iranian Rial

Name the first woman mountaineer who climbed Mount Everest twice in five days?
Anshu Jamsenpa (Arunachal Pradesh).

Recently, NASA (National Aeronautics and Space Administration) found bacteria on space and named after which scientist?
APJ Abdul Kalam.

Points to Remeber:
NASA Head Office: Washington D.C., USA.
APJ Abdul Kalam Full Form: Avul Pakir Jainulabdeen Abdul Kalam.
Missile Man of India: APJ Abdul Kalam.

Who won the Intel International Science Award 2017 at US Intel International Science and Engineering Fair (Intel ISEF)?
Prashant Ranganathan ( He is from India and he got that prize under environmental engineering category for his project on biodegradation of pesticides.

Who was conferred with ‘International Humanitarian Award 2017’ at the Asian Voice Charity Awards?
Jacqueline Fernandez.

Which person has unveiled the ‘Steel Charkha ( 12 feet tall and 25 feet long)’ and started a heritage ‘Charkha Museum’ at Palika Bazar Park in New Delhi?
Amit Shah (BJP President).

Which country’s Aerospace Industries has signed an agreement with Indian Navy of worth 630 million US Dollars to supply air and defense missile systems for four ships of the Indian Navy?
Israel Aerospace Industries.

Israel Capital: Jerusalem
Currency: Israeli New Shekel
President: Reven Rivlin
Prime Minister: Benjamin Netanyahu.

Recently, The Maharashtra government has set up _________________ squads to combat open defecation to improve sanitation and cleanliness throught out the state.
‘Good Morning’.

Which state government has banned the mining of sand in Narmada River?
Madhya Pradesh.

Chief Minister of MP: Shivraj Singh Chouhan,
Governor: Ram Naresh Yadav.

According to EY (Earnest and Young) survey, India stood at which position in ‘Renewable energy country attractiveness index 2017’?
India- 2nd position.

China – 1st position.

Name the committee that has been submitted its report on ‘Scouts and Guides’ for the Union Minister of Youth Affairs & Sports.
Harsha Malhotra Committee.

According to the recent report released by the ISSF (International Stainless Steel Forum), Which country has become the 2nd largest producer of steel in the world?
(China is the largest producer of steel in the world and Japan is at 3rd position).

The ‘Ghughua Fossil National Park’ was located in which state?

Shahpura in Madhya Pradesh.


Who won the 10th edition of Indian Premier League (IPL) Cricket Title 2017 held at Hyderabad (Rajiv Gandhi International Stadium) from April 5th to 21st May 2017?
Mumbai Indians.

Points to Remember: (IPL-10 Cricket Title 2017).

  • Final Match between Mumbai Indians and Rising Pune Super Giant.
  • Total number of Teams: 8 teams.
  • Total number of matches played: 60
  • Orange Cap (Maximum Runs): David Warner
  • Purple Cap (Maximum Wickets): Bhuvneshwar.
  • Hosted at Rajiv Gandhi International Stadium in Hyderabad, Telangana State.

Cheif Minister of Telangana: K. Chandrasekhar Rao.

Governor: ESL Narasimhan.

Which country won the Ice Hockey World Championship 2017?

Who is the winner of Makati Open Squash Tournament 2017under Men’s Category?
Harinder Pal Sandhu

Who won the Italian Open Tennis Tile 2017 in Men’s & Women’s Singles Category?

Men’s Singles: Alexander Zverev (Germany).
Women’s Singles: Elina Svitolina (Ukraine).

Who won gold at Asian Continental Women Bitz Chess Championship 2017?
R. Vaishali (India).

Winners of Indian Federation Cup Football tournament-2017 (38th edition) at Barabati Stadium in Cuttack, Odisha
Bengaluru FC

The Mithaliraj was in recent sports news, She belongs to which field?
She is the first Indian and 3rd cricketer in the world to be captain in 100 ODI Matches
She belongs to Rajasthan.

Important Abbreviations

UNFCCC – United Nations Framework Convention on Climate Change.
ISSF – International Stainless Steel Forum.
CCEA – Cabinet Committee on Economic Affairs.

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