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05th May 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Here is the Daily GK Update of 05th May 2021 covering the following news headlines: West Bengal CM, First Solar Plant, Goldman Sachs, PepsiCo Foundation, UNESCO World Press Freedom Prize.

Daily GK updates are incorporated with the important news that made the current affairs headlines for banking or other competitive exams. Daily GK Update is the complete bag of the important news that held all day long. One should have complete knowledge about banking terms, current affairs news, etc. So, here is the GK update of 05th May 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

State News

1. Mamata Banerjee takes oath as West Bengal CM for the 3rd consecutive time

05th May 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_3.1

  • Mamata Banerjee was sworn as West Bengal Chief Minister for the third time in the shadow of Covid and post-poll violence in parts of the state. The oath ceremony took place with Covid protocols in place at the “Throne Room” at the Raj Bhavan.
  • The rest of the cabinet and the council of ministers will be sworn in on May 9, the birth anniversary of Rabindranath Tagore.
  • Mamata Banerjee won a landslide victory in the Bengal election to secure a third straight term. The Trinamool won 213 of 292 seats while its strongest rival, BJP, finished second with 77 seats.
  • Mamata Banerjee will head to her office Nabanna, where she will be given a guard of honour by the Kolkata Police.

Important takeaways for all competitive exams:

  • West Bengal Governor: Jagdeep Dhankhar.

2. Indian Army Launches First Solar Plant in North Sikkim

05th May 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_4.1

  • The Indian Army recently launched the first Green Solar Energy harnessing plant in Sikkim. It was launched to benefit the troops of the Indian army.
  • The plant uses Vanadium based battery technology. It was built at an altitude of 16,000 feet. The capacity of the plant is 56 KVA. It was completed in collaboration with IIT Mumbai.

Important takeaways for all competitive exams:

  • Chief Minister of Sikkim: PS Golay.
  • Governor of Sikkim: Ganga Prasad.

Economy News

3. Goldman Sachs lowers GDP growth forecast for India in FY22 to 11.1%

05th May 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_5.1

  • Wall Street brokerage, Goldman Sachs has cut the GDP growth rate estimate for the Indian economy to 11.1 per cent in fiscal year FY22 (April 01, 2021, to March 31, 2022), due to increasing intensities of lockdowns by states to check the spread of coronavirus infections.
  • Goldman Sachs has also revised the 2021 Calendar Year growth forecast to 9.7 per cent, from the previous estimate of 10.5 per cent.

Agreements News

4. PepsiCo Foundation partners with SEEDS to set up COVID care centres

05th May 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_6.1

  • PepsiCo Foundation, the philanthropic arm of PepsiCo, said it has partnered with the not-for-profit organisation, Sustainable Environment and Ecological Development Society (SEEDS) to launch a community COVID-19 vaccination drive and set up COVID care centres.
  • To focus on Maharashtra, Punjab, West Bengal, Uttar Pradesh, and Telangana. As part of the partnership, SEEDS will drive Covid-19 vaccinations for the community at large, set up Covid care centres equipped with beds and medical facilities, including oxygen cylinders. 

Defence News

5. Armed Forces Launches Op “CO-JEET” for Mental Health Of COVID Patients

05th May 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_7.1

  • The armed forces have launched operation “CO-JEET” to aid anti-COVID-19 efforts, like strengthening the medical system in India and oxygen supply chains. Along with these, CO-JEET also take measures to ensure the mental wellbeing of people.
  • Apart from medical therapy, patients necessitate the assurance that “they will be fine” and at times that is all they need to gain back self-confidence and courage. U
  • nder the CO-JEET plan, personnel of the three wings of the armed forces have been pressed into service to help restore oxygen supply chains, set up COVID beds and provide help to the civilian administration in its fight to control the outspread of the virus. The operation also attempts to provide additional beds across the country for mixed COVID-19 management.

Awards News

6. Maria Ressa conferred UNESCO World Press Freedom Prize 2021

05th May 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_8.1

  • Maria Ressa has been named as the 2021 laureate of the UNESCO/Guillermo Cano World Press Freedom Prize.
  • The $25,000 prize “recognizes outstanding contributions to the defence or promotion of press freedom especially in the face of danger,” according to UNESCO. The prize was named after Guillermo Cano Isaza, the Colombian journalist.
  • UNESCO cited Ressa’s more than a 3-decade career as a journalist, including her work as CNN’s lead investigative reporter for Asia and as news chief of Philippine broadcast giant ABS-CBN.
  • Recently, her citation added, Ressa “has been the target of online attacks and judicial processes” for her investigative work and her position as CEO of Rappler.

Sports News

7. Mark Selby becomes World Snooker Champion

05th May 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_9.1

  • In Snooker, English professional player Mark Selby has become the World Snooker Champion for the fourth time.
  • He won the Championship title after defeating fellow mate Shaun Murphy by 18-15 victory at a professional snooker tournament, that took place from 17 April to 3 May 2021 at the Crucible Theatre in Sheffield, England.
  • Prior to this, Selby won the Championship title in 2014, 2016, 2017 and 2021.

8. Nuwan Zoysa banned for 6 years for breaching ICC’s anti-corruption code

05th May 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_10.1

  • Former Sri Lanka player and coach, Nuwan Zoysa has been banned from all cricket for six years after an ICC Anti-Corruption Tribunal found him guilty of breaching the ICC anti-corruption code.
  • The ban for Zoysa is backdated to 31 October 2018, when he was provisionally suspended.
  • Zoysa guilty of “being party to an agreement or effort to fix or contrive or otherwise influence improperly the result, progress, conduct or another aspect (s) of an International Match.”
  • The other charge is about “directly or indirectly soliciting, inducing, enticing, instructing, persuading, encouraging or intentionally facilitating any Participant to breach Code Article 2.1.”

Important takeaways for all competitive exams:

  • Chairman of ICC: Greg Barclay.
  • CEO of ICC: Manu Sawhney.
  • Headquarters of ICC: Dubai, United Arab Emirates.

Important Days

9. International Day of the Midwife: 05 May

05th May 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_11.1

  • International Day of the Midwife is observed globally on 5 May every year since 1992. This day is celebrated to recognise the work of midwives and raise awareness about the status of midwives for the essential care they provide to mothers and their newborns.
  • The theme for 2021 International Day of the Midwife is “Follow the Data: Invest in Midwives.”
  • The idea of having a day to recognize and honour midwives came out of the 1987 International Confederation of Midwives conference in the Netherlands.
  • International Midwives’ Day was first celebrated May 5, 1991, and has been observed in more than 50 nations around the world.

Important takeaways for all competitive exams:

  • International Confederation of Midwives President: Franka Cadee;
  • International Confederation of Midwives Headquarters: Hague, Netherlands.

10. World Hand Hygiene Day: 05 May

05th May 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_12.1

  • Every year, the World Hand Hygiene Day is observed on May 5. The day is organised by the World Health Organization (WHO) to raise awareness among people across the globe about the importance of hand hygiene in warding off many serious infections.
  • The theme for 2021 is ‘Seconds Save Lives: Clean Your Hands’. The day recognizes hand washing as one of the most effective actions that can be taken to avoid a huge range of infections including the COVID-19 virus.

Important takeaways for all competitive exams:

  • Director-General of the World Health Organization: Tedros Adhanom.
  • Headquarters of WHO: Geneva, Switzerland.

Obituaries News

11. Aeronautical Scientist Manas Bihari Verma Passes Away

05th May 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_13.1

  • The Indian aeronautical scientist, Manas Bihari Verma, who played an instrumental role in the development of the Light Combat Aircraft (LCA) – Tejas, has passed away.
  • He worked as a scientist at the Defence Research Development Organization (DRDO) for 35 years in the aeronautical stream.
  • The noted scientist has conferred the Padma Sri civilian honour in 2018.

12. Former J&K Governor Jagmohan Passes Away

05th May 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_14.1

  • Former Jammu and Kashmir Governor, Jagmohan Malhotra has passed away.
  • Jagmohan served two terms as Jammu and Kashmir Governor, once from 1984 to 1989, and then from January 1990 to May 1990. He had also served as Lieutenant Governor of Delhi, Goa and Daman & Diu.
  • Jagmohan was elected to the Lok Sabha for the first time in 1996 and served as the Union Minister for Urban Development and Tourism in the Atal Bihari Vajpayee government in 1998. Apart from this, he was honoured with the Padma Shri in 1971, Padma Bhushan in 1977 and Padma Vibhushan in 2016.

Miscellaneous News

13. World’s largest aeroplane by Stratolaunch completes test flight

05th May 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_15.1

  • The world’s largest aeroplane, designed to transport hypersonic vehicles and facilitate easy access to space, soared into clear skies over California’s Mojave Desert. The company Stratolaunch designed it to transport hypersonic vehicles and facilitate easy access to space.
  • The aircraft named ‘Roc’ features a twin-fuselage design and the longest wingspan ever flown, at 385 feet (117 m), surpassing the Hughes H-4 Hercules flying boat of 321 feet (98 m).
  • The Stratolaunch is intended to carry a 550,000-pound payload and will be able to launch rockets from high altitude.

Important takeaways for all competitive exams:

  • Stratolaunch Headquarters: Mojave, California, USA;
  • Stratolaunch CEO & President: Jean Floyd.

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