Current Affairs – May 29 2023

Current Affairs – May 29 2023

Current Affairs – May 29 2023.Read and Download daily, monthly Current Affairs Quiz 2023 for competitive exams like UPSC, SSC, IBPS, SBI etc,. Download month wise Current affairs 2023 PDF and Current affairs quiz PDF .

Current Affairs – May 29 2023

1. Which are the world’s five largest stock markets?

India has beaten France to reclaim its position as the world’s fifth-largest stock market with a market capitalisation of $3.31 trillion following a broad-based rally in local equities, Bloomberg reported.

The US remains the world’s largest stock market with a market capitalisation of $44.54 trillion, followed by China ($10.26 trillion), Japan ($5.68 trillion) and Hong Kong ($5.14 trillion).

2. Goan writer Damodar Mauzo gets 57th Jnanpith Award

Damodar Mauzo, a Goan short story writer, novelist, critic, and scriptwriter in Konkani, has been awarded the 57th Jnanpith Award, India’s highest literary honor. Mauzo is the second Goan to receive the award, after Ravindra Kelekar in 2008.

Mauzo’s 25 books have been published in Konkani and one in English. Many of his books have also been translated in different languages. Mauzo’s famous novel ‘Karmelin’ received the Sahitya Akademi Award in 1983. Renowned poet Gulzar was present during the function held at the Raj Bhavan near Goa capital Panaji.

3. Karnataka Bank Appoints Srikrishnan Harihara Sarma as MD & CEO

Karnataka Bank, a prominent Indian banking institution, has announced the appointment of Srikrishnan Harihara Sarma as its new Managing Director and Chief Executive Officer (CEO).

With extensive experience spanning nearly four decades in commercial, retail, and transactional banking, technology, and payments, Sarma brings a wealth of expertise to his new role. The appointment is subject to the approval of shareholders at the ensuing Annual General Meeting or within a period of three months from the date of assuming charge, whichever is earlier.

4. Max Verstappen wins Monaco Grand Prix 2023

Red Bull’s Max Verstappen won the 2023 Monaco Grand Prix, leading all 78 laps from pole position. The victory was Verstappen’s fourth of the season and extended his lead in the Drivers’ Championship to 39 points.

The race was held in wet conditions, and Verstappen made the most of it, starting well and pulling away from the rest of the field. He never looked back, and cruised to victory. Fernando Alonso finished second, with Esteban Ocon in third. Charles Leclerc retired from the race after a collision with Carlos Sainz.

5. Bank of Maharashtra Emerges as Top Performer in NPA Management during FY23

Bank of Maharashtra (BoM), a Pune-based state-owned lender, has been recognized as the best bank in managing bad loans, achieving a remarkably low net non-performing assets (NPAs) ratio of 0.25% during the financial year that ended in March 2023.

This achievement positions BoM as the leader among all banks with total business exceeding Rs 3 lakh crore, not limited to public sector banks (PSBs), according to the published yearly data of banks.

6. International Day of UN Peacekeepers 2023 observed on 29th May

The International Day of UN Peacekeepers is observed annually on May 29th. It is a day dedicated to honoring the contributions and sacrifices of United Nations (UN) peacekeepers in maintaining peace and security around the world.

The day also serves as a tribute to those who have lost their lives in the line of duty.

The theme of the 75th anniversary “Peace begins with me” recognizes the service and sacrifice of peacekeepers, past and present, including more than 4200 who have given their lives under the UN flag.

7. PM Narendra Modi inaugurates new Parliament building

On May 28, 2023, Prime Minister Narendra Modi officially opened the new Parliament building. He arrived at Gate No. 1, wearing traditional attire, and was greeted by Lok Sabha Speaker Om Birla.

Accompanied by priests from Karnataka’s Shringeri Math, the Prime Minister participated in a ceremonial “Ganapati Homam” to seek divine blessings for the inauguration of the new Parliament building. Vedic chants added a spiritual atmosphere to the occasion.

PM Modi, Lok Sabha Speaker Om Birla, Union Ministers and CMs of different States attend a multi-faith prayer meeting under way at the new Parliament building. PM Narendra Modi felicitates the workers who helped in the building and development of the new Parliament House.

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