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MONTHLY CURRENT AFFAIRS

EBOOK
MAY 2024

YOUR GUIDE TO
MOST IMPORTANT
CURRENT AFFAIRS
AND EVENTS OF THE
MONTH.

IAS | BANKING | SSC | NDA/CDS | AND OTHER COMPETITIVE EXAMS

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 Current Affairs | May 2024

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 Current Affairs | May 2024

Contents

Why RBI is Pulling Back 100 Tonnes of Gold from UK? Know What does this Mean 2

Current Affairs One Liners: 31 May 2024- Military Exercise 'Red Flag 24' 4

Current Affairs One Liners: 28 May 2024-Chairman of DRDO-Dr. Sameer V Kamat 5

Current Affairs One Liners: 23 May 2024- Vietnam's New President 6

Current Affairs One Liners: 22 May 2024- IPL 2024 7

Current Affairs One Liners: 21 May 2024- CII President 8

Current Affairs One Liners: 16 May 2024- Cannes Film Festival 2024 9

Current Affairs One Liners: 15 May 2024- 85th Grandmaster of India 10

Current Affairs One Liners: 14 May 2024- James Anderson 11

Current Affairs One Liners: 10 May 2024- Chief of Personnel of Indian Navy 12

Current Affairs One Liners: 08 May 2024- International Thalassemia Day 13

Current Affairs One Liners: 06 May 2024- International Election Visitors Programme 14

Current Affairs One Liners: 03 May 2024- ICC T20 World Cup 2024 15

Current Affairs One Liners: 02 May 2024- SMART Anti-Submarine Missile 16

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 Current Affairs | May 2024

Why RBI is Pulling Back 100 Tonnes of Gold

from UK? Know What does this Mean

The Reserve Bank of India (RBI) for the very first time has shifted approximately 100 tonnes of
gold from the bank vaults of UK to its domestic vaults. As per the media reports, the bank took
this move to save the storage costs of storing gold in a foreign bank.

Since 1991, this is for the first India has transferred such a large amount of gold reserves
overseas. "While no one was watching, the RBI has shifted 100 tonnes of its gold reserves back
to India from the UK," said a prominent member of the PM's Economic Advisory Council
Economist Sanjeev Sanyal in his tweet.

He further added to his post that, majority of the countries store their gold in the vaults of the Bank
of England, or some similar place, and pay a hefty amount as fees. “ India will now hold most of
its gold in its own vaults. We have come a long way since we had to ship out gold overnight in
1991 in the midst of a crisis."

Talking about the 1991 situation, when the government had to export its gold to foreign countries,
Mr. Sanyal pointed out that "For those of my generation, the shipping out of gold in 1990-91 was a
moment of failure that we will never forget. This is why this shipping back of gold has a special
meaning."

While no one was watching, RBI has shifted 100 tonnes of its gold reserves back to India from
UK. Most countries keep their gold in the vaults of the Bank of England or some such location
(and pay a fee for the privilege). India will now hold most of its gold in its own vaults.…

— Sanjeev Sanyal (@sanjeevsanyal) May 31, 2024

According to a media report, the Reserve Bank of India will also be bringing back more gold
reserves in the coming months. The motive behind this move is mainly storage and logistical
reasons.

What does this Signify?

The huge shipment of gold reserves from England back to the country has many meanings

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 Current Affairs | May 2024

behind it. This shows the current rising situation of the Indian economy. The major three
implications are:

Cost Saving Initiative: By storing gold domestically, the RBI will not have to pay storage fees to
international custodians like the Bank of England.

Expressing Confidence in the Indian Economy: Gold is often seen as safe haven for the
economy by many countries, and recalling it back can be seen as an indication of RBI’s
increasing confidence in the Indian economy.

Possibility of Additional Gold Repatriation: Pulling back gold from a foreign land can
potentially mean the RBI's strategic approach to managing its foreign exchange reserves.

Timeline of RBI’s Strategy with Gold

Central Banks of many countries buy gold as their global investment during financial crisis. Banks
have been increasing their gold reserves as a hedge against geopolitical risks and currency
volatility. See the timeline given below to understand the RBI’s strategy with respect to gold
reserves:

April 2024: RBI buys 24 tonnes of gold and increases its gold reserves to 827.7 tonnes.

December 2023: RBI loses 63.8 tonnes of gold, and only has 803.6 tonnes as gold reserves.

December 2022: RBI has the highest gold reserves with 867.4 tonnes

December 2021: RBI has 754.1 tonnes of gold reserves in bank vaults

December 2020: RBI has 676.7 tonnes gold reserves

Also Read: Revival of Dead: A possibility in future? A Cryogenic firm freezes its first client
in hopes of reviving it in future

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 Current Affairs | May 2024

Current Affairs One Liners: 31 May 2024-

Military Exercise 'Red Flag 24'

One liner current affairs: Jagran Josh presents current affairs in one line. In today’s session, get
briefings about the important topics such as RudraM-II Missile, World No Tobacco Day, Military
Exercise 'Red Flag 24' etc.

1. DRDO recently successfully tested Rudram-II missile, what type of missile is it - Air to Surface

2. When is World No Tobacco Day celebrated every year- 31 May

3. Where was the Antarctic Treaty Consultative Meeting held- Kochi

ALSO READ: Current Affairs Quiz: 31 May 2024

4. In which country is the multi-national military exercise 'Red Flag 24' being organized- USA

5. Which ministry has recently started the Mass Communication Internship Program- Jal Shakti
Ministry

6. When is Hindi Journalism Day celebrated every year- 30 May

ALSO READ: T20 World Cup 2024 Match Time in India

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 Current Affairs | May 2024

Current Affairs One Liners: 28 May 2024-

Chairman of DRDO-Dr. Sameer V Kamat

One liner current affairs: Jagran Josh presents current affairs in one line. In today’s session, get
briefings about the important topics such as Chairman of DRDO-Dr. Sameer V Kamat, Cyclone
'Remal', World Hunger Day 2024 etc.

1. The recently occurred cyclone 'Remal' has been named by which country- Oman

2. When is World Hunger Day celebrated every year- 28 May

3. Who is the Chairman of DRDO whose tenure has been extended for one year- Dr. Sameer V
Kamat

4. With whom has the Indian Army signed an agreement for hydrogen fuel cell bus- IOCL

ALSO READ: Current Affairs Quiz: 28 May 2024

5. Recently which state government has imposed a one year ban on gutkha and pan masala-
Telangana

6. Where was the International Conference on Nuclear Security (ICONS-2024) held recently-
Vienna

7. What is the theme of World Hunger Day 2024- 'Thriving mothers, thriving world'. Thriving
world)

8. Which team won the title of IPL 2024- Kolkata Knight Riders (KKR)

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 Current Affairs | May 2024

Current Affairs One Liners: 23 May 2024-

Vietnam's New President

One liner current affairs: Jagran Josh presents current affairs in one line. In today’s session, get
briefings about the important topics such as AFC Women's Asia Cup 2026, Vietnam's new
president, Shaw Prize, Jyoti Ratre etc.

1. Which country will host the AFC Women's Asia Cup 2026- Australia

2. The President of the United Arab Emirates awarded the First Class Independence Medal to the
ambassador of which country- Paraguay

3. Who is the oldest Indian woman to conquer Mount Everest recently- Jyoti Ratre

4. Recently which Indian origin professor was awarded the prestigious Shaw Prize in Astronomy-
Srinivas R. Kulkarni

ALSO READ: Current Affairs Quiz: 23 May 2024

5. General Tu Lam was recently elected the new President of which country- Vietnam

6. Which country will host the AFC Women's Asia Cup 2029- Uzbekistan

7. Which team has made it to the Qualifier 2 of IPL 2024- Rajasthan Royals

ALSO READ: Team India Head Coach?

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 Current Affairs | May 2024

Current Affairs One Liners: 22 May 2024- IPL

2024

One liner current affairs: Jagran Josh presents current affairs in one line. In today’s session, get
briefings about the important topics such as IPL 2024, Travel and Tourism Development Index
2024, International Biodiversity Day etc.

1. Travel and Tourism Development Index 2024 was recently released by which organization-
World Economic Forum

2. Recently which institute has presented a research report on 'Air Pollution and Health Effects in
North India'- IIT Jaipur

3. Who is the first team to reach the final of IPL 2024- Kolkata Knight Riders

4. When is International Biodiversity Day celebrated every year- 22 May

5. Which medal did India's Deepti Jeevanji win in the World Para Athletics Championship- Gold

6. India's Deepti Jeevanji set a world record by clocking how many seconds in the women's 400m
T20 category race at the World Para Athletics Championships- 55.07 seconds

7. Recently which European country has given the status of country to Palestine- Norway,
Ireland and Spain

8. Who has recently been appointed as the Vice President of International Aluminium Institute-
John Slaven

ALSO READ: How to pass driving test without going to RTO? Know here

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 Current Affairs | May 2024

Current Affairs One Liners: 21 May 2024- CII

President

One liner current affairs: Jagran Josh presents current affairs in one line. In today’s session, get
briefings about the important topics such as UNDP-India, National Anti-Terrorism Day, CII
President, Ibrahim Raisi etc.

1. With whom has the Department of Animal Husbandry and Dairying, Government of India
signed an agreement for vaccine cold chain management- UNDP-India

2. When is World Refugee Day celebrated every year- 20 May

3. Ibrahim Raisi was the President of which country who recently died in a helicopter crash- Iran

ALSO READ: Current Affairs Quiz: 21 May 2024

4. Who has taken charge as the President of Confederation of Indian Industry- Sanjeev Puri

5. Which female tennis player won the Italian Open title- Iga Switek

6. When is National Anti-Terrorism Day celebrated every year- 21 May

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 Current Affairs | May 2024

Current Affairs One Liners: 16 May 2024-

Cannes Film Festival 2024

One liner current affairs: Jagran Josh presents current affairs in one line. In today’s session, get
briefings about the important topics such as Federation Cup 2024, Cannes Film Festival 2024,
Sunil Chhetri etc.

1. Neeraj Chopra won the gold medal in Federation Cup 2024, where was it organized-
Bhubaneswar

2. Recently which company's agricultural drone has received certification from DGCA- AITMC
Ventures Limited

3. PhonePe has recently launched UPI services in which country- Sri Lanka

ALSO READ: Current Affairs Quiz: 16 May 2024

4. Which famous Indian footballer has announced his retirement from international football- Sunil
Chhetri

5. Indian Pavilion inaugurated at Cannes Film Festival 2024, where is it being organized- France

ALSO READ: IPL Playoffs 2024: Schedule, fixture, date and time for Qualifiers, Eliminator
and Final

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 Current Affairs | May 2024

Current Affairs One Liners: 15 May 2024- 85th

Grandmaster of India

One liner current affairs: Jagran Josh presents current affairs in one line. In today’s session, get
briefings about the important topics such as 85th Grandmaster of India, Mobile Hospital 'Bhishma'
Cube, T20 World Cup 2024 etc.

1. Where did the Indian Air Force airdrop-test the indigenous mobile hospital 'Bhishma' cube -
Agra

2. Which is the second team to qualify for the playoffs of IPL 2024- Rajasthan Royals

3. Which day has been declared by the United Nations General Assembly as World Football Day-
25 May

4. Who has been recently elected as the Chairman of IFFCO- Dilip Sanghani

ALSO READ: Current Affairs Quiz: 15 May 2024

5. Who has recently become the 85th Grandmaster of India- P Shaymanikhil

6. Who has been appointed as the captain of the team by Bangladesh for T20 World Cup 2024-
Nazmul Hussain Shanto

7. Who has appointed David Salvagnini as its first Chief AI Officer- NASA

8. Who has been recently named as the Vice President of IFFCO- Balveer Singh

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 Current Affairs | May 2024

Current Affairs One Liners: 14 May 2024-

James Anderson

One liner current affairs: Jagran Josh presents current affairs in one line. In today’s session, get
briefings about the important topics such as World Hydrogen Summit 2024, Chabahar Port,
James Anderson, Paris Olympics 2024 etc.

1. In which country is the World Hydrogen Summit 2024 being organized- Netherlands

2. Chabahar port, which was in the news recently, is located in which country- Iran

3. Recently which England cricketer announced his retirement from international cricket- James
Anderson

4. Who has become the first Indian male wrestler to get quota for Paris Olympics 2024- Aman
Sehrawat

ALSO READ: Current Affairs Quiz: 14 May 2024

5. In which state is the 7th edition of India-France joint military exercise 'Shakti' being organized-
Meghalaya

6. Where is the Senior Nationals Sailing Championship 2024 being organized- Mumbai

7. Who has made the record of climbing the world's highest peak Mount Everest the most number
of times- Kami Rita Sherpa

8. India has signed a bilateral contract with Iran for how many years to operate Chabahar port- 10
years

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 Current Affairs | May 2024

Current Affairs One Liners: 10 May 2024-

Chief of Personnel of Indian Navy

One liner current affairs: Jagran Josh presents current affairs in one line. In today’s session, get
briefings about the important topics such as India's new research station in Antarctica, Chairman
of HDFC Life, Chief of Personnel of Indian Navy etc.

1. Who recently took over as the Chief of Personnel of the Indian Navy- Vice Admiral Sanjay
Bhalla

2. India has announced the establishment of a new research station in- Antarctica

3. India has recently withdrawn its military personnel from which country- Maldives

4. Who has been appointed as the Chairman of HDFC Life- Keki Mistry

ALSO READ: Current Affairs Quiz: 10 May 2024

5. Which Indian wrestler has been banned by the global governing body of wrestling- Bajrang
Punia

6. Recently which country has extended the time limit for visa free entry of Indians- Sri Lanka

7. Where will the 46th Antarctic Treaty Consultative Meeting be held- Kochi

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 Current Affairs | May 2024

Current Affairs One Liners: 08 May 2024-

International Thalassemia Day

One liner current affairs: Jagran Josh presents current affairs in one line. In today’s session, get
briefings about the important topics such as 'School on Wheels' initiative, Shinku-la Pass,
International Thalassemia Day etc.

1. Shinku-La pass, which was in the news recently, is located in which state- Himachal Pradesh

2. When is International Thalassemia Day celebrated every year- 08 May

3. In which state was the 'School on Wheels' initiative launched recently- Manipur

4. Who has been appointed as MD and CEO of Ujjivan Small Finance Bank- Sanjeev Nautiyal

Also read: Current Affairs Quiz: 08 May 2024

5. Who has been appointed by global digital payments platform Visa as the new country manager
in India- Sujai Raina

6. In which state did the Indian Army and Air Force recently conduct a joint exercise- Punjab

7. In which city was the 26th ASEAN-India Senior Officials Meeting held- New Delhi

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 Current Affairs | May 2024

Current Affairs One Liners: 06 May 2024-

International Election Visitors Programme

One liner current affairs: Jagran Josh presents current affairs in one line. In today’s session, get
briefings about the important topics such as ICC Women's T20 World Cup 2024, UNICEF India
National Brand Ambassador, International Election Visitors Programme etc.

1. Sunita Williams is ready to fly into space, how many times has she traveled to space before -
twice

2. When is the birth anniversary of former President of India Giani Zail Singh celebrated every
year- 5 May

3. Under the International Election Visitors Program, India has invited election management
bodies of how many countries- 23

4. In which country will the ICC Women's T20 World Cup 2024 be organized- Bangladesh

Also read: Current Affairs Quiz: 06 May 2024

5. Which Bollywood actress has been appointed as the National Brand Ambassador of UNICEF
India- Kareena Kapoor Khan

Also read: Self-Healing Roads In India: NHAI's New Method To Tackle Potholes

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 Current Affairs | May 2024

Current Affairs One Liners: 03 May 2024- ICC

T20 World Cup 2024

One liner current affairs: Jagran Josh presents current affairs in one line. In today’s session, get
briefings about the important topics such as ICC T20 World Cup 2024, Jeremiah Manele, World
Press Freedom Day etc.

1. Jeremiah Manele has recently been appointed as the Prime Minister of which country-
Solomon Islands

2. When is World Press Freedom Day celebrated every year- 03 May

3. Who has been appointed as the Air Officer Commanding-in-Chief (AOC-in-C) in the Air Force
Training Command (TC)- Air Marshal Nagesh Kapoor

Also read: Current Affairs Quiz: 03 May 2024

4. Who has been made the brand ambassador of ICC Men's T20 World Cup 2024- Yuvraj Singh

5. NPCI International Payments Limited has signed an agreement with which African country for
services like UPI- Namibia

6. Which country has recently released its new currency- Zimbabwe

Also read:

How much money are Hindi and Bhojpuri commentators making from commentary in IPL
2024

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 Current Affairs | May 2024

Current Affairs One Liners: 02 May 2024-

SMART Anti-Submarine Missile

One liner current affairs: Jagran Josh presents current affairs in one line. In today’s session, get
briefings about the important topics such as India's new Grandmaster, smart anti-submarine
missile, Deputy Chief of Indian Navy etc.

1. Who was recently awarded the title of Grandmaster by the International Chess Federation-
Vaishali Ramesh Babu

2. Who recently took over as the Deputy Chief of the Indian Navy- Krishna Swaminathan

3. India tested smart anti-submarine missile, it is developed by- DRDO

Also read: Current Affairs Quiz: 02 May 2024

4. Who has been appointed as the new director in DPIIT- Pratima Singh

5. Where did India test fire smart anti-submarine missile- Balasore, Odisha

6. Which IIT was awarded the patent on indigenously developed compact inverter by the
Government of India- IIT Patna

Also read: Richest candidate in the third phase of Lok Sabha elections

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