Current Affairs - May 28, 2024 Current Affairs

The Financial Intelligence Centre Act (FIC Act, 2001), under which the State Bank of India's South Africa branch was fined for non-compliance, was enacted in 2003. This legislation aimed to combat money laundering and terrorist financing by establishing a regulatory framework for financial institutions to report suspicious transactions and maintain customer due diligence. The Act plays a crucial role in safeguarding the integrity of South Africa's financial system and aligning with international standards on anti-money laundering and counter-terrorism financing.

GAIL (India) Ltd., the leading natural gas transmission and distribution company in India, has achieved a significant milestone by commissioning the nation's first green hydrogen plant. This initiative marks GAIL's entry into the domain of new and alternative energy sources, emphasizing its commitment to sustainable energy solutions.

Samir V Kamat has been granted a one-year extension as secretary, DDR&D, and chairman, of DRDO. He was appointed to these positions on August 25, 2022, and his extension is effective from June 1, 2024, till May 31, 2025, or until further orders.

Purnima Shrestha, the climber who conquered Mount Everest three times in a single season, hails from Nepal. Her remarkable achievement showcases her expertise and experience in mountaineering, adding to her already impressive record of climbing several other challenging peaks around the world.

Jetha Ahir, the Shehra MLA and former deputy speaker of the Gujarat Assembly, has been elected uncontested as the chairman of the National Agricultural Cooperative Marketing Federation of India (NAFED). This election marked a unanimous decision by the board, securing support from various quarters.

Dipa Karmakar made history by securing the gold medal in the women’s vault individual final at the Asian Women’s Artistic Gymnastics Championships 2024, becoming the first-ever Indian to achieve this feat in any Asian Championships. This remarkable accomplishment adds to her previous achievements, including being the first Indian woman gymnast to qualify for the Summer Olympics in 2016.

According to statistics released by the Central Electricity Authority, Uttar Pradesh (UP) has topped the list for adding transmission lines of 1,460 Circuit km by state transmission utilities in FY24. UPPTCL, founded in 1999 and headquartered in Lucknow, also led in FY23 with the addition of 1,447 Circuit km of transmission lines, showcasing its consistent efforts in enhancing the state's transmission infrastructure.

Ghana has strategically collaborated with Reliance Jio and Tech Mahindra, along with Nokia, to upgrade its 4G and 5G infrastructure. This partnership aims to emulate India's successful telecom advancements and bolster connectivity and digital services across various sectors within Ghana. By choosing Indian vendors over Chinese suppliers, Ghana seeks to leverage India's expertise and experience in the telecommunications sector, aligning with its own goals for technological progress and development.

World Hunger Day is observed annually on May 28th. The theme for World Hunger Day is "Thriving Mothers." It aims to raise awareness about the challenges millions of people face due to lack of access to adequate nutrition. The day also highlights the research by economist Amartya Sen, who demonstrated that hunger in the modern world is primarily due to distribution issues and government policies.

The newly discovered plant species found exclusively in Kerala's Nelliyampathy hills has been named Stellaria mcclintockiae. It exhibits unique characteristics, making it distinct from other species, and is recommended for classification as critically endangered due to its limited habitat and specific growth conditions.