25 - 31 May CA — ca quiz Current Affairs

Sandeep Bakhshi received a 2-year extension from RBI and will continue as MD & CEO of ICICI Bank till 2028.

• He first became MD & CEO of ICICI Bank in 2018.

• ICICI Bank is a leading private sector bank in India.

• RBI has the authority to approve the appointment and extension of top executives of banks.

• Uday Kotak is CEO of Kotak Mahindra Bank; KV Kamath heads NaBFID; Sashidhar Jagdishan heads HDFC Bank.

Kevin Warsh replaced Jerome Powell as the 17th Chairman of the Federal Reserve Bank (US Central Bank).

• Jerome Powell had been serving as Chairman since 2018.

• Kevin Warsh's tenure will be 4 years.

• The Federal Reserve is the central bank of the United States of America.

• Janet Yellen (Treasury Secretary), Ben Bernanke (former Fed Chair, 2006-2014), Alan Greenspan (1987-2006) are past officials.

Jigzak Technology received FINAL approval from RBI as a Prepaid Payment Instrument (PPI) Issuer.

• Note: There are two types of RBI approval — Final and In-Principle.

• Final approval = Can fully operate; In-Principle = Under observation period.

• Examples of PPIs include Paytm Wallet, PhonePe Wallet, Metro Cards, Gift Cards.

• RBI derives its power to issue PPI licenses from the Payment and Settlement Systems Act, 2007.

• Skido received 'In-Principle' approval (not final) for Gift City operations.

East Bengal FC defeated Inter Kashi in the final to win the ISL Title in its 12th edition.

• This was East Bengal's first-ever ISL title.

• They also ended their 22-year domestic trophy drought.

• The final was held at Kishore Bharati Krirangan, Kolkata.

• Golden Ball (Best Player): Miguel Figueira (East Bengal)

• Golden Boot (Top Scorer): Yusuf Ajeez Jari — 11 goals (East Bengal)

• Golden Glove (Best GK): Ritik Tiwari — 5 clean sheets (FC Goa)

Taiwan Travelogue was originally written in Mandarin language by author Yung Shung Ji.

• It was the FIRST Mandarin language novel to win the International Booker Prize.

• The book was translated into English by Lin King.

• The International Booker Prize is awarded for Fiction (imaginative/creative novels).

• The prize money of £50,000 is shared equally between the author and translator.

• The International Booker Prize is given only for English-language published works.

India's Ambassador to the USA, Vinay Kwatra, received the AIAA Goddard Astronautics Award on behalf of ISRO.

• AIAA stands for American Institute of Aeronautics and Astronautics.

• Chandrayaan-3 was the FIRST spacecraft to successfully land on Moon's South Pole.

• Chandrayaan-3 landed on the lunar South Pole on 23rd August, 2023.

• S. Somanath is the current Chairman of ISRO; R. Madhavan acted in the film 'Rocketry' based on ISRO scientist Nambi Narayanan.

Kumbhalgarh Fort is located in Rajsamand district of Rajasthan, situated in the Aravalli Hills.

• Its wall is 36 km long — second longest continuous wall after the Great Wall of China.

• It was built in the 15th century by Rana Kumbha, the ruler of Mewar.

• Kumbhalgarh was already a UNESCO World Heritage Site (declared in 2013).

• The longest continuous wall in the world remains the Great Wall of China.

Major Abhilasha Barak was deployed with the United Nations Interim Force in Lebanon (UNIFIL).

• She was Commander of the Female Engagement Team in UNIFIL.

• She is the THIRD Indian to receive this award; prior recipients: Major Suman Gawani and Major Radhika Sen.

• She is also the FIRST woman combat helicopter pilot of the Indian Army.

• She joined the Army Aviation Corps in 2022.

• The award was given on 29 May — International Day of UN Peacekeepers.

India's first Geothermal Energy Project is being established at Puga Valley, Ladakh, at an altitude above 14,000 feet.

• The project is a 1 MW power plant being developed by ONGC.

• The agreement between Ladakh UT and ONGC was originally signed in 2021.

• The Ladakh UT LG Vinay Kumar Saksena approved a 5-year extension of the agreement in 2026.

• Geothermal energy uses hot water/steam from underground to run turbines and generate electricity.

Both statements are correct.

• PFRDA (Pension Fund Regulatory and Development Authority) organized the Atal Pension Yojana Annual Facilitation Program.

• 53 APY Service Providers were felicitated; 10 Awards were given to State Level Bankers Committees.

• In Private Banks: IDBI Bank — 1st (156%); SBI topped among Government Banks (116%).

• Among RRBs: Jharkhand Rajya Gramin Bank topped with 288% — the highest among all banks.

• APY was launched in 2015 by PM Modi from Kolkata.