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HomeCurrent Affair16th May Current Affairs 2019

16th May Current Affairs 2019

16th May Current Affairs 2019

Daily GK Updates & Current Affairs for Government Exams

India signed the Christchurch Call to Action in Paris


16 May 2019 Current Affairs: India signed the Christchurch Call to Action in Paris. The agreement came in the backdrop of the attacks on Christchurch in March and is aimed at stopping the abuse of the Internet by extremists.

The meeting held in Paris was attended by representatives of online giants like Microsoft, Google, Twitter, Facebook, and Amazon. India was represented by Ajay Prakash Sawhney, Secretary, Ministry of Electronics and Information Technology.

Document highlights:Counter the drivers of terrorism and violent extremism by strengthening the resilience and inclusiveness of societies to enable them to resist terrorist and violent extremist ideologies, including through education, building media literacy to help counter distorted terrorist and violent extremist narratives, and the fight against inequality.

Ensure effective enforcement of applicable laws that prohibit the production or dissemination of terrorist and violent extremist content, in a manner consistent with the rule of law and international human rights law, including freedom of expression.

Encourage media outlets to apply ethical standards when depicting terrorist events online, to avoid amplifying terrorist and violent extremist content. 

SIDBI Launched A Pilot Scheme For Fintech NBFCs

Small Industries Development Bank of India (SIDBI) launched a pilot scheme to extend financial assistance of up to Rs 10 crore to new-age fintech non-banking finance companies (NBFCs) engaged in financing small businesses and other income-generating activities. SIDBI set the exposure cap for lending to a single new-age fintech NBFC at 30% of NOF of the new-age fintech NBFC, subject to maximum cap of Rs 10 crore.


India to set up military space agency headquartered at Bengaluru

16 May 2019 Current Affairs: India is to set up its military space agency headquartered at Bengaluru with the ace fighter pilot Air Vice Marshal SP Dharkar as its likely head. AVM Dharkar is an ace fighter pilot and is presently looking after the air defence operations of an important command along the borders. The tri-services defence space agency is expected to get operational by June 2019.

The tri-services Space agency is likely to command all the space assets of the three services including the A-SAT capability, which can be used to destroy enemy space-based satellites and other assets


Aarohi Pandit becomes 1st woman to cross the Atlantic Ocean solo in a LSA

16 May 2019 Current Affairs: Captain Aarohi Pandit, a 23-year-old pilot, from Mumbai became the world’s first woman to cross the Atlantic Ocean solo in a Light Sports Aircraft (LSA) on 14th May. This achievement is part of her ongoing Women Empower (WE) Expedition in the tiny aircraft called Mahi. This one year-long global circumnavigation flight was launched with her friend Captain Keithair Misquitta on July 30 and both began their trip in August 2018.

Pandit and Misquitta flew over Punjab, Rajasthan, Gujarat, then to Pakistan, where they landed and went onto to Iran, Turkey, Serbia, Slovenia, Germany, France, and the UK. After an exhausting 3,000 km long flight she landed her tiny aircraft at Iqaluit Airport in Canada. After clocking a flight of about 37,000km she is scheduled to return home by July 30, 2019.

HDFC collaborated with IMGC for a mortgage guarantee-backed home loan

16 May 2019 Current Affairs: HDFC Bank collaborated with IMGC (India Mortgage Guarantee Corporation) for a mortgage guarantee-backed home loan.

Mortgage guarantee is a financial product which compensates lending institutions for the losses that may occur when a home owner defaults on a mortgage loan.

In ‘mortgage guarantee’, the risk of the home loan gets transmuted from the bank/FIs (financial institution) to the mortgage guarantee company. This collaboration will help HDFC provide more loan to a home loan customer on an improved eligibility.

The main objective of the collaboration is to address middle age-salaried customers, self employed customers and young salaried customers.

Sanjiv Puri appointed as New Chairman of ITC

Sanjiv Puri is appointed as the chairman of ITC. He became the Chairman and Managing Director (CMD) of ITC. He was appointed as a Managing Director of ITC in 2018 and Chief Executive Officer (CEO) in February 2017.


NMCG, HCL Foundation and INTACH inked MoU for Rudraksh Plantation in Uttarakhand

16 May 2019 Current Affairs: National Mission for Clean Ganga (NMCG), HCL Foundation and Indian National Trust for Art and Culture Heritage (INTACH) signed tripartite Memorandum of Understanding (MoU) for Plantation of Rudraksha Trees in Uttarakhand under the ‘Namami Gange’ Programme.

The objective is to create a greener ecosystem in the Ganga Basin along the stretch of 97 towns and 4,465 villages. Under the project, the aim is to plant 10,000 Rudraksha trees in the catchment area of Ganga River in Uttarakhand.

Igor Stimac appointed as the head coach of the Indian football team

16 May 2019 Current Affairs: Croatian World Cupper Igor Stimac is appointed as the head coach of the Indian football team for a two-year term. The appointment was made by the All-India Football Federation’s (AIFF) executive committee.

The national team has been without a coach since the departure of Stephen Constantine in January, following the creditable show at the AFC Asian Cup.

Scientist have unearthed a new species of flying dinosaur

16 May 2019 Current Affairs: Palaeontologists from Ludwig-Maximilians University (LMU) in Munich and the University of Fribourg have unearthed a new species of flying dinosaur that flapped its wings like a raven and could hold vital clues as to how modern-day birds evolved from their reptilian ancestors.

The scientists came across a petrified wing, which the team initially assumed to be the same species while examining rock formations in the German region of Bavaria which is home to nearly all known Archaeopteryx specimens. The new bird-like dinosaur was named Alcmonavis poeschli after Roland Poeschl, the scientist who discovered the fossil.

As well as being significantly larger than Archaeopteryx, the new specimen had more notches in its wing bones that pointed to muscles which would have allowed it to actively flap its wings. Significantly, this “flapping” trait found in Alcmonavis poeschli is present in more recent birds, but not in Archaeopteryx. The discovery is likely to fuel debate among dinosaur experts over whether birds and dinosaurs developed the ability to flap their wings from earlier gliding species.

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