Daily Current Affairs 16th May, 2021

Daily Current Affairs 16 May 2021 for Banking/Insurance/SSC and other related exams.


U’khand Police launches ‘Mission Hausla’ to help COVID-19 patients
The Uttarakhand Police has launched a drive called “Mission Hausla” to help people get oxygen, beds and plasma for COVID-19 patients.

  • Besides this, the police are also helping the public in getting ration, ambulance, cremation of bodies as part of the mission.

Punjab to join global COVAX alliance to procure anti-Covid vaccines
Facing an anti-Covid vaccine “shortage”, the Punjab government decided to join the global COVAX alliance for sourcing the immunisation shots at the best price.

  • By doing so, Punjab will become the first state in the country to take the initiative of addressing the vaccine shortage amid the deadly second wave of the pandemic.
  • Abbreviated as COVAX, the COVID-19 Vaccines Global Access is a worldwide initiative aimed at providing equitable access to anti-Covid vaccines. COVAX is co-led by the Coalition for Epidemic Preparedness Innovations (CEPI), Gavi and the World Health Organization (WHO), alongside key delivery partner UNICEF.

Union Agriculture Ministry has allocated Rs 2250 Crore for realizing the huge potential of horticulture sector in 2021-22
To further promote and for holistic growth of the horticulture sector in the country, the Ministry of Agriculture and Farmers Welfare has provided an enhanced allocation of Rs. 2250 Crore for the year 2021-22 for ‘Mission for Integrated Development of Horticulture’ (MIDH), a centrally sponsored scheme.

  • The Ministry of Agriculture and Farmers Welfare is implementing MIDH with effect from 2014-15.MIDH is implemented under Green Revolution – Krishonnati Yojana.
  • Under MIDH, Government of India (GoI) contributes 60% of total outlay for developmental programmes in all the states except states in North East and Himalayas, 40% share is contributed by State Governments.

SWAMIH Fund for stalled housing projects to benefit 1.16 lakh home buyers: FM Sitharaman
Finance Minister Nirmala Sitharaman handed over possession to 640 homebuyers of the first stalled project completed with funding by SWAMIH Fund managed by SBICap Ventures Ltd and said that the Fund will benefit 1.16 lakh buyers whose projects had been stalled due to last mile funding issues.

  • Rivali Park Wintergreens is the first investment by the Fund and is also the first project to get completed. It is a large project spread over 7 acres consisting of 708 units of various configurations.
  • The project is Rivali Park Wintergreen is developed by CCI Projects Pvt Ltd (CCIPPL), an associate company of Cable Corporation of India Ltd.


China becomes the world’s first country to ban synthetic cannabinoids
China will become the world’s first country to ban all synthetic cannabinoid substances. The ban is likely to come into effect on July 1.

  • The move comes as China tries to curb the manufacturing and trafficking of the drug.

WHO Classified Indian Coronavirus Variant as a “Global Variant Of Concern”
The World Health Organization has classified a coronavirus variant found in India as a global “variant of concern”. This variant has been named B.1.617.

  •  According to World Health Organization, this variant is already spread to more than 30 countries.
  • It is more transmissible than other variants. This variant is also called the “double mutant variant”. It was 1st identified by the United Kingdom health authorities.


RBI excludes Lakshmi Vilas Bank from second schedule of RBI Act
The Reserve Bank of India (RBI) said it has excluded Lakshmi Vilas Bank (LVB) from the Second Schedule of the RBI Act with effect from November 27, 2020.

  • The move was taken after the crisis-ridden Lakshmi Vilas Bank was merged with DBS Bank India Ltd (DBIL) on 27 November 2020.

IOB receives shareholders’ nod for Rs 4,100-crore infusion by govt
Shareholders of Indian Overseas Bank (IOB) have given their approval for issuance of 246,54,23,932 equity shares to the government of India on a preferential basis for the capital infusion of Rs 4,100 crore. The EGM was conducted through virtual mode.

  • Accordingly, the shareholding of the government of India will increase from 95.84 percent to 96.38 percent.


Groww to acquire Indiabulls’ mutual fund business for Rs 175 crore
Online investment platform Groww, backed by funds such as Sequoia Capital and Tiger Global, has signed an agreement with Indiabulls Housing Finance to acquire its asset management company for Rs 175 crore, paving the way for the Bengaluru-based fintech startup to enter the mutual fund business.

  • The sale of Indiabulls Mutual Fund will be limited to its mutual fund business while its other verticals—such as the Alternate Investment Fund (AIF) and Portfolio Management Services (PMS)—will be demerged and continue under Indiabulls Housing Finance.


Leicester beat Chelsea to clinch maiden FA Cup title
Leicester won the FA Cup for the first time in the club’s 137-year history last night as Youri Tielemans’s sensational strike beat Chelsea 1-0 in front of 22,000 fans at Wembley.

  • The largest crowd for a sports event in England since the coronavirus pandemic hit 14 months ago were treated to a goal worthy to win any trophy as the Belgian midfielder blasted into the top corner on 63 minutes.

2021 Rugby World Cup: New Zealand to host postponed women’s tournament in October and November 2022
World Rugby has announced that New Zealand will now host the postponed 2021 Rugby World Cup (RWC) more than one year after it was initially scheduled, following confirmation of a new masterplan for the women’s tournament.

  • In March, World Rugby announced it would postpone the 2021 RWC until next year due to ongoing concerns over the “uncertain and challenging” global COVID-19 situation.
  • The rugby union showpiece was due to be held from September 18 to October 16, but has now been granted a fresh position in the calendar of October 8 to November 12, 2022.


Britannia’s Gunjan Shah Set to Join Bata India as its New CEO
Leading footwear major Bata India said it has appointed Gunjan Shah, the former chief commercial officer of Britannia Industries, as its new chief executive officer.

  • He will take over from Sandeep Kataria, who was elevated as the Global CEO of Bata Brands in November last year.
  • Shah will join Bata in June 2021. Based out of Gurugram, he will be at the helm of the brand’s operations in India.


CovAid portal set up for real-time monitoring of relief
All Covid-19 related foreign aid received by the government can be tracked online end-to-end till distribution by the donors. The NITI Aayog has set up a dedicated portal – CovAid – for tracking all aid coming via missions or by individual organisations.

  • CovAid will help individuals and organisations to do end-to-end tracking till the ultimate beneficiary.A detailed SOP has been laid out to ensure that the states with high active cases receive supplies on a priority basis.

NASA and Axiom ink deal for 1st private astronaut mission to space station
NASA and Texas-based company Axiom Space have agreed on terms for the first private astronaut mission to the International Space Station, which will launch as soon as January 2022.
The agreement, which was announced includes only a portion of the assorted exchanges required to make a flight like this a reality, but it will result in a net payment from NASA to Axiom of $1.69 million. 

  • The agreement will allow Axiom to send a retired NASA astronaut and three passengers to the orbiting laboratory aboard a SpaceX Crew Dragon capsule for a journey of about a week in the first crewed space station mission for exclusively private interests.


Six-time MP from Amritsar Raghunandan Lal Bhatia Passes Away at 100
Senior Congress leader and six-time MP from Amritsar, Raghunandan Lal Bhatia passed away after a brief illness. He was 100.

  • Raghunandan Bhatia was first elected to the Lok Sabha in 1972 from the Amritsar parliamentary constituency, and again re-elected from the same seat in the 1980, 1985, 1992, 1996 and 1999 elections as a member of the Indian National Congress.
  • Bhatia had also served as the governor of Kerala from 2004 to 2008 and the governor of Bihar from 2008 to 2009. He had also served as the minister of state for external affairs in 1992.

Click here to read Daily Current Affairs

Related posts

51 Thoughts to “Daily Current Affairs 16th May, 2021”

  1. Wow! This can be one particular of the most helpful blogs We have ever arrive across on this subject. Actually Wonderful. I’m also a specialist in this topic so I can understand your effort.

  2. Thanks for sharing most of these wonderful threads. In addition, the optimal travel and medical insurance program can often reduce those fears that come with visiting abroad. The medical crisis can rapidly become costly and that’s bound to quickly set a financial weight on the family finances. Having in place the perfect travel insurance deal prior to leaving is worth the time and effort. Thank you

  3. I have been exploring for a little bit for any high quality articles or blog posts in this sort of space . Exploring in Yahoo I finally stumbled upon this site. Reading this info So i am satisfied to express that I have a very excellent uncanny feeling I came upon exactly what I needed. I so much unquestionably will make sure to don?t omit this website and give it a glance on a constant basis. Aussie John’s Ducted Gas Heating Repairs and Installation 706 Bourke St, Docklands VIC 3008

  4. Thanks for making me to attain new concepts about desktops. I also have the belief that certain of the best ways to maintain your laptop computer in best condition is by using a hard plastic material case, or perhaps shell, that fits over the top of one’s computer. Most of these protective gear are model specific since they are made to fit perfectly within the natural casing. You can buy these directly from the vendor, or through third party sources if they are readily available for your notebook, however not every laptop may have a covering on the market. Yet again, thanks for your recommendations.

  5. Hiya, I am really glad I’ve found this information. Today bloggers publish only about gossips and internet and this is actually frustrating. A good blog with exciting content, this is what I need. Thanks for keeping this web-site, I will be visiting it. Do you do newsletters? Cant find it.

  6. Simply wish to say your article is as astounding. The clearness to your put up is simply cool and i could think you’re a professional on this subject. Well together with your permission let me to snatch your RSS feed to stay up to date with coming near near post. Thank you a million and please continue the gratifying work.

  7. I have learned a number of important things through your post. I’d personally also like to say that there is a situation where you will make application for a loan and do not need a cosigner such as a Government Student Aid Loan. However, if you are getting financing through a common financier then you need to be made ready to have a cosigner ready to assist you to. The lenders may base their very own decision using a few components but the largest will be your credit worthiness. There are some loan companies that will likewise look at your job history and come to a decision based on that but in many instances it will be based on on your report.

  8. Thanks for another excellent article. Where else could anyone get that kind of info in such a perfect way of writing? I have a presentation next week, and I am on the look for such information.

  9. One thing I want to say is that often before buying more computer system memory, consider the machine within which it is installed. When the machine is usually running Windows XP, for instance, the memory limit is 3.25GB. The installation of a lot more than this would just constitute just a waste. Make sure one’s mother board can handle the actual upgrade quantity, as well. Thanks for your blog post.

  10. This is really interesting, You are a very skilled blogger. I’ve joined your feed and look forward to seeking more of your excellent post. Also, I’ve shared your site in my social networks!

  11. Terrific work! This is the type of information that should be shared around the net. Shame on Google for not positioning this post higher! Come on over and visit my website . Thanks =)

  12. A few things i have observed in terms of computer system memory is the fact that there are specific features such as SDRAM, DDR and many others, that must fit the specs of the mother board. If the personal computer’s motherboard is rather current while there are no computer OS issues, changing the memory space literally usually takes under 1 hour. It’s on the list of easiest personal computer upgrade techniques one can envision. Thanks for revealing your ideas.J Schneider Hydronic Heating Services Melbourne 704 Bourke St, Docklands VIC 3008

  13. I have observed that rates for on-line degree gurus tend to be an excellent value. Like a full 4-year college Degree in Communication in the University of Phoenix Online consists of 60 credits with $515/credit or $30,900. Also American Intercontinental University Online offers a Bachelors of Business Administration with a full school feature of 180 units and a price of $30,560. Online degree learning has made getting your college diploma so much easier because you may earn your own degree from the comfort of your abode and when you finish from work. Thanks for all the other tips I have learned from your web site.

  14. I have been absent for a while, but now I remember why I used to love this site. Thanks , I?ll try and check back more often. How frequently you update your site?

  15. Wow, superb blog layout! How long have you ever been blogging for? you make blogging glance easy. The whole look of your website is wonderful, let alone the content material!

  16. I have come to understand that service fees for on-line degree specialists tend to be an awesome value. For example a full Bachelors Degree in Communication with the University of Phoenix Online consists of 60 credits at $515/credit or $30,900. Also American Intercontinental University Online comes with a Bachelors of Business Administration with a complete school feature of 180 units and a worth of $30,560. Online degree learning has made getting the higher education degree far more easy because you can earn your degree in the comfort in your home and when you finish working. Thanks for all the tips I have learned through your web site.

  17. Thanks for your tips. One thing we’ve noticed is always that banks and also financial institutions know the dimensions and spending behavior of consumers as well as understand that plenty of people max out their real credit cards around the getaways. They properly take advantage of this specific fact and start flooding your current inbox in addition to snail-mail box together with hundreds of 0 APR card offers just after the holiday season comes to an end. Knowing that when you are like 98 in the American general public, you’ll get at the possible opportunity to consolidate credit card debt and move balances to 0 rate credit cards.

  18. Wow, wonderful blog layout! How long have you been blogging for? you make blogging look easy. The overall look of your web site is excellent, let alone the content!

  19. Very nice post. I just stumbled upon your weblog and wanted to mention that I have really enjoyed browsing your weblog posts. After all I will be subscribing to your feed and I’m hoping you write again soon!

  20. Thanks for your write-up. What I want to say is that when you are evaluating a good on-line electronics retail outlet, look for a site with total information on critical factors such as the personal privacy statement, basic safety details, any payment options, along with terms in addition to policies. Constantly take time to read the help in addition to FAQ pieces to get a much better idea of what sort of shop will work, what they can do for you, and ways in which you can maximize the features.

  21. Great beat ! I would like to apprentice even as you amend your web site, how could i subscribe for a blog website? The account helped me a appropriate deal. I have been a little bit familiar of this your broadcast provided vivid clear idea

  22. Wow, incredible blog layout! How long have you been blogging for? you made blogging look easy. The overall look of your website is excellent, let alone the content!

  23. In line with my research, after a property foreclosure home is marketed at a sale, it is common for that borrower in order to still have a remaining unpaid debt on the mortgage loan. There are many creditors who try and have all service fees and liens paid back by the following buyer. Having said that, depending on specific programs, rules, and state legislation there may be some loans that aren’t easily resolved through the exchange of lending options. Therefore, the obligation still falls on the borrower that has acquired his or her property in foreclosure process. Thank you for sharing your thinking on this weblog.

  24. Thanks for your helpful article. Other thing is that mesothelioma is generally brought on by the inhalation of material from mesothelioma, which is a carcinogenic material. It can be commonly noticed among employees in the structure industry who have long contact with asbestos. It can also be caused by residing in asbestos covered buildings for years of time, Your age plays an important role, and some people are more vulnerable on the risk as compared to others.

  25. Can I simply say what a aid to search out someone who really knows what theyre speaking about on the internet. You undoubtedly know learn how to bring a problem to mild and make it important. More individuals need to read this and understand this facet of the story. I cant consider youre no more fashionable since you positively have the gift.

  26. I think this is among the most vital info for me. And i am glad reading your article. But wanna remark on few general things, The site style is great, the articles is really nice : D. Good job, cheers

  27. A person essentially lend a hand to make critically articles I would state. This is the first time I frequented your web page and to this point? I surprised with the research you made to make this actual publish incredible. Excellent process!

  28. I?ve been exploring for a little bit for any high quality articles or weblog posts on this sort of space . Exploring in Yahoo I at last stumbled upon this site. Reading this info So i am satisfied to exhibit that I have an incredibly just right uncanny feeling I discovered exactly what I needed. I so much indubitably will make certain to do not forget this website and give it a glance on a constant basis.

  29. I?ve read some good stuff here. Certainly value bookmarking for revisiting. I wonder how so much effort you put to create this type of fantastic informative site.

  30. I?ve read several good stuff here. Definitely worth bookmarking for revisiting. I wonder how much effort you put to make such a wonderful informative site.

  31. Good write-up, I?m regular visitor of one?s website, maintain up the nice operate, and It’s going to be a regular visitor for a long time.

  32. My brother recommended I may like this web site. He was once entirely right. This put up truly made my day. You can not imagine just how so much time I had spent for this information! Thanks!

  33. Great blog here! Also your website loads up fast! What host are you using? Can I get your affiliate link to your host? I wish my website loaded up as fast as yours lol

  34. Pretty great post. I just stumbled upon your blog and wanted to mention that I’ve really loved surfing around your weblog posts. In any case I?ll be subscribing in your rss feed and I hope you write again very soon!

  35. hi!,I really like your writing very so much! proportion we keep up a correspondence extra approximately your article on AOL? I require a specialist in this space to unravel my problem. May be that’s you! Looking ahead to look you.

  36. Hi there, simply changed into alert to your weblog through Google, and found that it’s truly informative. I am gonna be careful for brussels. I will appreciate if you continue this in future. Numerous people might be benefited out of your writing. Cheers!

  37. Pretty section of content. I just stumbled upon your blog and in accession capital to assert that I acquire actually enjoyed account your blog posts. Any way I will be subscribing to your feeds and even I achievement you access consistently quickly.

  38. You must participate in a contest for among the best blogs on the web. I’ll suggest this website!

  39. Great goods from you, man. I have understand your stuff previous to and you are just too great. I really like what you’ve acquired here, certainly like what you’re saying and the way in which you say it. You make it entertaining and you still take care of to keep it wise. I cant wait to read far more from you. This is really a tremendous site.

  40. I have mastered some important things through your site post. One other point I would like to express is that there are many games out there designed specifically for toddler age youngsters. They involve pattern acceptance, colors, family pets, and models. These generally focus on familiarization as an alternative to memorization. This will keep little ones engaged without sensing like they are studying. Thanks

  41. I’ve learned a number of important things by means of your post. I’d also like to express that there may be a situation in which you will get a loan and don’t need a co-signer such as a Fed Student Aid Loan. But if you are getting financing through a common loan company then you need to be able to have a co-signer ready to assist you. The lenders are going to base that decision using a few variables but the biggest will be your credit rating. There are some loan companies that will furthermore look at your job history and make a decision based on that but in most cases it will depend on your score.

  42. I would like to thank you for the efforts you’ve put in writing this website. I’m hoping the same high-grade site post from you in the upcoming as well. Actually your creative writing abilities has inspired me to get my own site now. Really the blogging is spreading its wings quickly. Your write up is a great example of it.

  43. Valuable information. Lucky me I found your web site by accident, and I am shocked why this accident didn’t happened earlier! I bookmarked it.

  44. What?s Happening i am new to this, I stumbled upon this I have found It positively useful and it has helped me out loads. I hope to contribute & help other users like its helped me. Good job.

  45. Thanks for expressing your ideas in this article. The other factor is that when a problem takes place with a computer motherboard, individuals should not have some risk involving repairing this themselves for if it is not done right it can lead to permanent damage to all the laptop. It is almost always safe just to approach any dealer of your laptop for the repair of that motherboard. They’ve already technicians who’ve an experience in dealing with mobile computer motherboard difficulties and can get the right analysis and execute repairs.

  46. Your posts always leave me feeling inspired and motivated to take action.

  47. Thanks for the ideas shared in your blog. Something also important I would like to mention is that weight reduction is not all about going on a celebrity diet and trying to reduce as much weight that you can in a few days. The most effective way to lose weight is by getting it slowly and gradually and following some basic ideas which can help you to make the most from your attempt to shed weight. You may realize and already be following these tips, nonetheless reinforcing know-how never affects.

  48. F*ckin? tremendous things here. I am very happy to peer your article. Thank you a lot and i am looking ahead to touch you. Will you kindly drop me a e-mail?

  49. It?s exhausting to find knowledgeable people on this matter, but you sound like you recognize what you?re talking about! Thanks

  50. Thanks for your post. I want to write my opinion that the cost of car insurance differs a lot from one coverage to another, due to the fact there are so many different issues which bring about the overall cost. Such as, the model and make of the automobile will have a massive bearing on the cost. A reliable ancient family car or truck will have a more affordable premium over a flashy sports car.

  51. Thanks for your publication on the travel industry. I might also like contribute that if you are one senior considering traveling, its absolutely important to buy travel insurance for seniors. When traveling, older persons are at greatest risk of experiencing a professional medical emergency. Having the right insurance coverage package for one’s age group can protect your health and provide peace of mind.

Leave a Comment