21 May 2023 : Latest Current Affairs 21st May
Important Current Affairs 21st May 2023
In this article, we will discuss all the Current Affairs of 21st May including national, international, banking, finance, sports, awards, and many others. So if you are interested to know about the latest 21st May 2023 current affairs then read this article till the end.
Current Affairs of 21st May – Banking News
1. Triple the amount of the previous year’s surplus transfer to the government, approved by the RBI for FY23 is Rs 87,416 crore.
◉ The transfer of Rs 87,416 crore in surplus to the government for the fiscal year 2022–23 has been authorized by the Reserve Bank of India (RBI). The transfer of Rs 30,307 crore from the previous year is virtually double this sum.
◉ The increase in revenue from the selling of foreign exchange reserves is blamed for the surge in the surplus. Despite obstacles including rising US treasury yields, the RBI’s surplus transfer is anticipated to significantly increase the government’s revenue.
2. RBI declares the removal of 2000-euro bills from circulation.
◉ The Reserve Bank of India (RBI) has made a momentous decision to stop issuing banknotes with the denomination of 2000. These notes will no longer be printed, although they will still be accepted as legal money.
◉ The decision was made since the goal of launching the 2000 banknotes has been achieved and other denominations can now properly meet the economy’s monetary needs.
3. Chosen to manage the IREDA IPO for the development of renewable energy
◉ The initial public offering (IPO) of the Indian Renewable Energy Development Agency (IREDA) is scheduled to take place soon.
◉ The government has designated IDBI Capital, BOB Capital, and SBI Capital as the main managers for the IPO to oversee this momentous event.
◉ The IPO, which aims to finance the expansion of the renewable energy project financier, is anticipated to include a 10% stake sale by the government and a 15% fresh stock issuance by IREDA.
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Defence News
4. The final Kalvari-class submarine of the Indian Navy, Vaghsheer, has started sea trials.
◉ Vaghsheer, the sixth and last submarine of the Kalvari class in the Indian Navy, has started its sea trials. After these trials are finished, Vaghsheer will be delivered to the Indian Navy in early 2024. The submarine was launched on April 20, 2022, at Mazagon Dock Shipbuilders Limited’s (MDL) Kanhoji Angre Wet Basin.
◉ According to the Ministry of Defence, MDL has delivered three of the Project-75 submarines in less than 24 months, and the start of the sixth submarine’s sea trials is a noteworthy accomplishment.
5. India’s Defence Production Exceeds $1 Billion On the Back of Important Reforms, a Mark
◉ India has reached a critical milestone in its defense industry as the value of defense output in the nation has for the first time surpassed 1 lakh crore.
◉ This accomplishment is the consequence of important reforms carried out to increase sector growth and lessen reliance on military imports.
◉ In the last five years, the value of defense production has nearly doubled, showing India’s efforts to improve its standing as an exporter of weapons and systems.
Books And Authors
6. Aditya Bhushan’s book “Guts Amidst Bloodbath: The Aunshuman Gaekwad Narrative”
◉ A semi-autobiographical book titled “Guts Amidst Bloodbath” by former Indian Test cricketer Anshuman Gaekwad was published at the Cricket Club of India (CCI).
◉ Six former cricket captains of India, including Sachin Tendulkar, Gundapa Vishwanath, Sunil Gavaskar, Dilip Vengsarkar, Ravi Shastri, and Kapil Dev, attended the event. These illustrious cricketers swapped stories and gave Gaekwad credit for his services to the game.
7. ‘The Golden Years’ is a new book by Ruskin Bond.
◉ The book “The Golden Years: The Many Joys of Living a Good Long Life” was written by Indian novelist Ruskin Bond. On May 19, 2023, Bond’s 89th birthday, HarperCollins India publishes The Golden Years book.
◉ The 60s, 70s, and 80s are the main eras that “The Golden Years” concentrates on for Bond.
Important day
8. The date of International Tea Day in 2023 is May 21.
◉ Every year on May 21, people around the world observe International Tea Day to honor the beverage’s lengthy history and cultural significance.
◉ Additionally, the day seeks to increase public awareness of the value of tea in battling hunger and poverty as well as tea’s sustainable production and consumption.
9. International Day of Cultural Diversity for Peace, Understanding, and Development 2023
◉ Diversity Day, also known as the World Day for Cultural Diversity for Dialogue and Development, is a yearly event that takes place on May 21. Its goal is to acknowledge and value the cultural diversity that exists across nations, communities, and people all around the world.
◉ This day is notable because a sizable proportion of the main wars in the world today are the result of cultural disagreements.
10. 20 May 2023 will be World Bee Day.
◉ Every year on May 20, there is a celebration known as World Bee Day to raise awareness of the crucial function that pollinators like bees and other insects play in our ecosystem.
◉ The United Nations created this holiday in 2017 to highlight the significance of bees in maintaining both ecosystems and food production.
◉ The topic for World Bee Day in 2023 is “Engaging in Pollinator-Friendly Agricultural Production.”
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