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Daily Current Affairs 31st May, 2024: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 31st May, 2024. It includes all Major National, International, Business and Sports related current affairs of 31st May, 2024. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 31st May, 2024 Current affairs test.

National News

Government Raises Retirement & Death Gratuity Limits To Rs 25 Lakh

  • The Indian government has increased the maximum limit for retirement and death gratuity from Rs 20 lakh to Rs 25 lakh, effective from January 1, 2024.
  • This update, announced by the Ministry of Personnel, Public Grievances and Pensions, aims to improve the benefits provided to Central government employees.

States News

Goa Statehood Day 2024, Celebrating the Birth of a State

  • Goa Statehood Day is observed annually on May 30, commemorating the day Goa achieved statehood in 1987.
  • This celebration marks Goa’s recognition as a distinct state within the Indian union, separate from the Union Territory it was previously part of.

International News

Russia To Remove Taliban From Terrorist List

  • Russia is preparing to remove the Taliban from its list of banned terrorist organizations, three years after the group regained control of Afghanistan.
  • This decision, reported by the state-run RIA Novosti news agency, follows years of Russia building relations with the Taliban, including multiple rounds of talks and increased trade despite international sanctions.

Sweden Boosts Ukraine’s Defenses With Advanced Radar Planes

  • In a significant move to enhance Ukraine’s defense against Russia, Sweden has announced the donation of two Saab Airborne Surveillance and Control (ASC) 890 aircraft.
  • These radar planes will significantly improve Ukraine’s long-range target identification capabilities and support the integration of F-16 fighter jets provided by other Western nations.

Appointments News

Shah Rukh Khan Appointed as New Brand Ambassador of Muthoot Pappachan Group

  • The Muthoot Pappachan Group (MPG), also known as Muthoot Blue, has appointed Shah Rukh Khan as its new brand ambassador.
  • This strategic collaboration aims to strengthen MPG’s brand presence and establish a new connection with a diverse audience across India.

IRDAI Approves Sandeep Batra as ICICI Prudential Board Chairman

  • The Indian Air Force (IAF) has joined a 16-day multi-nation mega military exercise in Alaska, United States, designed to provide realistic training to participating forces in a simulated combat environment.
  • The exercise, known as ‘Red Flag 24’, began on May 30 and will continue until June 14.


Appointment Of Rakesh Ranjan As Chairman, Staff Selection Commission (SSC)

  • Rakesh Ranjan, a 1992 batch IAS officer from the Manipur Cadre, has been appointed as the Chairman of the Staff Selection Commission (SSC).
  • This appointment follows a notification issued by the Appointment Committee of the Cabinet.


Emmanuelle Soubeyran Elected As New Director General Of WOAH

  • France celebrates the election of Dr. Emmanuelle Soubeyran as the Director General of the World Organization for Animal Health (WOAH) for the 2024-2029 term.
  • She was elected to this position on May 28 at the World Assembly of Delegates in Paris and expressed gratitude to all member countries and territories for their confidence.

Agreements News

TCS & IIT-Bombay Partner To Develop India’s 1st Quantum Diamond Microchip Imager

  • Tata Consultancy Services (TCS) has entered into a strategic partnership with the Indian Institute of Technology, Bombay (IIT-Bombay), to develop India’s first Quantum Diamond Microchip Imager.
  • This advanced sensing tool aims to revolutionize semiconductor chip examination, reducing failures and enhancing the energy efficiency of electronic devices.

Defence News

Agnikul Cosmos’ Agnibaan – World’s First 3D Printed Space Rocket Engine

  • Chennai-based startup Agnikul Cosmos has successfully launched the world’s first space rocket with a single-piece three-dimensional (3D) printed engine.
  • After four failed attempts, Agnikul succeeded on its fifth try, launching its rocket, Agnibaan, into space.
  • This launch marks India’s first semi-cryogenic engine-powered rocket, designed and manufactured indigenously.


IAF Contingent Joins ‘Red Flag 24’ Exercise in Alaska

  • The Indian Air Force (IAF) has joined a 16-day multi-nation mega military exercise in Alaska, United States, providing realistic training to participating forces in a simulated combat environment.
  • The exercise, known as ‘Red Flag 24’, began on May 30 and will continue until June 14.

Business News

Reliance and Tata Groups Recognized among TIME’s World’s Most Influential Companies

  • Reliance Industries Limited (RIL) and Tata Group, two of India’s leading business conglomerates, have been named among the World’s 100 ‘Most Influential Companies’ by TIME magazine.
  • This recognition highlights their significant global impact and influence.

Banking News

Banks’ Credit Growth Outlook For FY25: CRISIL Analysis

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  • In its latest report, CRISIL Ratings predicts a slowdown in bank credit growth for fiscal year 2025 to 14%, a decline of 200 basis points from the estimated 16% growth in FY24.
  • This moderation is attributed to factors including a high base effect, revision in risk weights, and a slightly slower pace of GDP growth.


World No-Tobacco Day 2024, Know Date, Theme History and Significance

  • World No Tobacco Day is observed annually on May 31 to raise awareness about the health risks associated with tobacco use and advocate for effective policies to reduce its consumption.
  • This day highlights the severe health issues such as heart disease, stroke, cancer, and respiratory illnesses caused by smoking.
  • Tobacco use remains a major public health concern, leading to millions of preventable deaths worldwide and placing a significant burden on healthcare systems.

Hindi Journalism Day 2024, Celebrating the Voice of Vernacular Media

  • Hindi Journalism Day is celebrated annually on May 30. This year, it falls on Thursday, May 30, 2024.
  • The origins of Hindi journalism trace back to the publication of Udant Martand, the first Hindi newspaper in India.
  • Published in Calcutta on May 30, 1826, during British rule, Udant Martand marks the beginning of Hindi journalism in the country.
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