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11th May Current Affairs 2019 | Daily GK Updates | Current Affairs for Government Exams   

11th May Current Affairs 2019

Daily GK Updates & Current Affairs for Government Exams

India celebrates National Technology Day on 11th May

11 May 2019 Current Affairs: National Technology Day is observed every year on the 11th of May in India. It is a reminder of the anniversary of Shakti. The aim of the celebration is to highlight the achievements of the scientists and engineers of India in the field of science and technology.

It also helps to encourage students towards science and technology field.

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Shakti: The first nuclear test Pokhran with a codenamed as ‘Smiling Buddha’ was carried out in May 1974. The second test conducted was Pokhran II which was a series of five tests of nuclear bomb explosions, administered by India at the Pokhran Test Range of Indian Army in May, 1998.

Pokhran II comprised of five detonations out of which the first one was a fusion bomb while the other four were fission bombs. These nuclear tests evolved various sanctions against India by many major states, including the United States and Japan

 

Vice president Venkaiah Naidu commenced his 4 day official visit to Vietnam

11 May 2019 Current Affairs: Vice President of India M.Venkaiah Naidu commenced his four-day official visit to Vietnam on 9 May 2019. His visit comes after a series of high-level exchanges between India-Vietnam in 2018 which include visit of Vietnamese Prime Minister in January and President in March to India.

During his visit, the Vice President will be participating in 16th United Nations Day of Vesak (UNDV) at Tam Chuc pagoda in northern Ha Nam province of Vietnam. This visit is expected to enhance India’s Comprehensive Strategic Partnership with Southeast Asian nation, Vietnam.

He will visit Ho Chi Minh Mausoleum, to pay homage to Former Prime Minister (and also President) of Vietnam. He will meet Indian community and Vietnamese beneficiaries of ‘Jaipur Foot Artificial Limb Fitment Camp’ organized in 2018 by India under ‘India for Humanity’ initiative. It was launched to commemorate 150th Birth Anniversary of Mahatma Gandhi.

He will pay tributes to martyrs at National Monument of Heroes and Martyrs (Vietnam’s War Memorial). He will also meet Nguyen Kim Thi Ngan, Chairperson of National Assembly of Vietnam (Vietnam’s Legislative Assembly).

FDA approved first Dengue vaccine named Dengvaxia

11 May 2019 Current Affairs: The Food and Drug Administration (FDA), United States approved first vaccine named Dengvaxia for the prevention of dengue disease but with certain conditions that use dengue vaccine only in people who have a previous history of the disease.

The vaccine is a live, attenuated dengue virus. Under the vaccination, 3 doses will be provided to the patient and after 1st dose, there will be a difference of 6 months between 1st dose and 2nd dose and also a difference of 6 months between 2nd dose and 3rd dose

ISF India plans to add 3 million tech jobs by 2023

11 May 2019 Current Affairs: Indian Staffing Federation (ISF), the apex body for the flexi working industry said that the Indian tech industry will add another three million new jobs in the next five years. With the additions, the size of the country’s tech army will be 7 million by 2023.

It also said that the new jobs would come up in digital technology areas such as artificial intelligence (AI), machine learning, Internet of things (IOT), data science, analytics, big data, blockchain and augmented reality. Jobs would also be created in newer technology areas that are presently unknown but are expected to emerge and evolve in the next few years.

India now has about 1,300 captive units. Some 400 new captive units are coming up in 2019. The shift is attributed to a sharp rise in hiring by existing and new global in-house centres (GCCs) due to technology innovation activities in India for their global markets.

ElectionGuard, an open source software unveiled by Microsoft for secure voting

11 May 2019 Current Affairs: Microsoft CEO, Satya Nadella announced the launch of “ElectionGuard”, a free open-source Software Development Kit(SDK) to help nations to carry out secure and verifiable voting. Developed by Galois,

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“Election Guard” is a supplement to paper ballots. It is verifiable as it allows the voters and third-party organisations to verify election results.

Election Guard” provides a voter a unique code.

During the process of voting, voters have an optional step which allows them to track their votes from the moment he/she casts it, after the voter has verified the selections are correct to the final step of counting the votes. It does not work with vote-by-mail systems and is not designed to work with internet voting schemes as it can be easily hacked.

Amul company to sponsor Afghanistan in Cricket World Cup 2019

Amul announced to sponsor Afghanistan team in upcoming World Cup 2019 which will be held in England and Wales from May 30, 2019.   Amul’s logo will be visible on the leading arm of jerseys of the Afghanistan players in an international match and also in training kit throughout the world cup. Earlier in only two instances, Amul sponsored any cricket team in World Cup tournament. These two countries are New Zealand and Holland.

Reliance Brands signs to buy out Hamleys for 68 million euros

Reliance Brands, a subsidiary of Reliance Industries Ltd. (RIL), has signed a definitive agreement with C Banner International, a Hong Kong-listed company. The aim is to acquire 100% shares of centuries-old British toy retailer Hamleys for £68 million. Reliance Brands said that the 250-year old English toy retailer pioneered the concept of experiential retailing, decades before the concept of creating a unique experience in brick and motor retailing become the new global norm.

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Scientists created fake asteroid destroys New York City

11 May 2019 Current Affairs: An asteroid 200 feet wide just plowed into a simulated New York City, sent there by NASA as part of an exercise to study what might happen if astronomers found a giant space rock heading toward Earth

NASA scientists have revealed the outcomes of its asteroid impact drill where they simulated an asteroid heading towards Denver, US. The world’s space powers collaborated to hit and deflect the 180-meter-wide asteroid. However, a 60-metre chunk broke off and hit New York City at 69,000 kmph destroying everything in a 15-km radius as political disagreements failed in nuking the rock.

If the collision had been real, the city would have been hit with a force 1,000 times more powerful than the nuclear bomb dropped on Hiroshima, leveling buildings from Central Park to lower Manhattan and causing up to 1.3 million deaths.

Scientists said the city might have been spared had there been more than eight fictional years to plan space missions to knock the asteroid off course from Earth.

India Ratings Downgrades Yes Bank With Negative Outlook

11 May 2019 Current Affairs: India Ratings also lowered the lender’s long-term ratings on concerns of some of its loan exposure turning into bad loans.

India Ratings has downgraded the bank’s long-term rating to ‘IND AA-‘ with negative outlook, while reaffirming short-term rating, Yes Bank said in a late-evening filing. ICRA downgraded the long-term ratings of the lender. Accordingly, six instruments with a total borrowing of over Rs 33,000 crore were also downgraded.

The bank had also reported its maiden loss of over Rs 1,506 crore in the March 2019 quarter, driven by a near 10-fold spike in provisions.

Taiwan plans to strengthen ties with India’s new government

11 May 2019 Current Affairs: Taiwan plans to strengthen ties with India’s new government, including more official visits despite China’s continuing efforts to isolate what it considers to be a wayward province.

After India’s general election results on May 23, the two countries will strengthen trade and cultural ties. The centre in the Indian capital operates as a de facto embassy, helping Indian and Taiwanese companies to expand business ties and easing discreet dialogue between government officials.

Taiwan has opened four trade offices in India in the last few years and two-way trade has risen more than six-fold since 2000 to stand at more than $7 billion in 2018

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