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Current Affairs of 19th May

Anjali Singh, Published On:19-May-2019


                       Current affairs

1.HDFC Bank shortlists 3 startups in Digital Innovation Summit

  • HDFC Bank has shortlisted three start-ups from the city - Loop Reality, BluSapphire and Appnovation Technology - were declared winners at its regional Digital Innovation Summit (DIS).

2.India's second Moon mission Chandrayaan 2 that is planned for July launch will have 13 payloads and one passive experiment from American space agency NASA.

  • The spacecraft with a mass of 3.8 tonnes has three modules- 8 Orbiter, 3 on Lander (Vikram) and 2 onRover (Pragyan)

3.People in India can now use Amazon to book their domestic flights in addition to shopping, money transfers, utility bill payments, mobile recharges - all through one single app

  • Amazon has partnered with online travel and leisure activities platform Cleartrip to launch the service.
  • Amazon said it would not levy any additional charges in case customers cancel the ticket. They would only have to pay the airline cancellation penalty.

4.The 15th Finance Commission will meet RBI Governor Shaktikanta Das and representatives of banks and financial institutions during its two-day visit to Mumbai.

  • The commission, chaired by N K Singh, will discuss issues concerning macro-economics, financial stability and cost of borrowing of the Centre and states with the Reserve Bank.
  • The other issues which are expected to come up during the deliberation include market driven borrowing cost and debt trajectories of State.

5.The GST Council is going to consider next month a proposal for setting up a national bench of the Appellate Authority for Advance Ruling (AAAR) to reconcile the contradictory orders on similar issues passed by AARs in different states.

  • This was necessary to provide certainty to taxpayers.
  • The revenue department is mulling on the idea of a national bench of AAAR since it feels that the Authority for Advance Ruling (AAR) mechanism in its current form is not serving its objective under the goods and services tax (GST) regime.

6.Bajaj Finserv, through its lending arm bajaj finance pvt. Ltd.  has launched a new insurance cover for the passengers who travel in local train named “Mumbai Local Train Cover”.

  • An insurance policy provides coverage in case of any mishappening during a train journey.
  • Insurance covers all the risks against events such as disability, risk of dying early, medical coverage and even risk of living too long.
  • In addition, insurance also provides a cover against loss arising out of minor events such as accidents leading to a disability or an unfortunate death caused by an accident.

            Appointment and Resignation

7.Austrian Chancellor is forced to resigned

  • After hours of chanting and whistling, thousands of demonstrators cheered the collapse of Austrian Chancellor Sebastian Kurz government over a corruption scandal - and the prospect of fresh elections.

8.IL&FS Engineering and Construction Company Ltd. said its board has appointed Kazim Raza Khan as its chief executive officer.

  • The board of directors have re designated Mr. Khan as chief executive officer of the company effective from May 16, 2019.
  • Mr. Khan was appointed as the manager and key managerial personnel of the company on December 24, 2018.

               Awards and Recognition

9.At the 19th Annual New York Indian Film Festival held from 7-12 May, Sunny Pawar has won the Best Child Actor award for Chippa.

  • The 11-year-old, who belongs from a slum in Mumbai, shot to fame with Australian director Garth Davis' acclaimed 2016 film Lion for which he won an Australian Academy of Cinema and Television Arts Awards(AACTA) award.

10.Indian YouTuber Ajey Nagar has been named by Time magazine in its list of top 10 'Next Generation Leaders' 2019.

  • The 'Next Generation Leader' is a list of 10 young people from around the world who are establishing new paths in politics, music and other spheres.
  • Nagar has a YouTube channel, named as CarryMinati which have 6,827,342 subscribers.


11.Author Herman Wouk, known for his portrayals of Jewish American life and blockbuster Second World War novels, passed away.

  • He was 103 years old.

  • Mr. Wouk’s acclaimed 1951 work The Caine Mutiny — inspired by his time aboard a naval warship during Second World War — won the coveted Pulitzer for fiction.


12.Defending champion Brooks Koepka completed the lowest 36 ­hole showing in Major golf history to seize a record seven­ stroke lead after two rounds of the PGA Championship.


13.The second edition of the Hero Intercontinental Cup will be held at the TransStadia Arena in Ahmedabad from July 7 to 18

  • India, Syria, North Korea and Tajikistan are the participating teams. The teams will play each other in a round robin format with the top two teams qualifying for the final.

Source: The Hindu, The Economic Times, The Indian Express, Press Information Bureau website



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