Daily Current Affairs : 28 May 2023 | Daily GK & Current Affairs Tests - Bank Exams PDF Download

PM Narendra Modi Inaugurates New Parliament Building

Indian Prime Minister Narendra Modi inaugurated the new Parliament building on the 28th of May. He sought blessings from high priests of various 'adheenams' in Tamil Nadu, holding the holy sceptre in his hand. During the ceremony, he also installed the historic Sengol in the Lok Sabha chamber. Mr. Modi, dressed in traditional attire, entered the Parliament premises through Gate No. 1 and was welcomed by Lok Sabha Speaker Om Birla.

The New Parliament Building

The new Parliament building boasts a seating capacity of 1,272, making it more spacious than the existing complex. It is equipped with state-of-the-art measures and cutting-edge technology. Some notable features include multimedia display units in front of each MP's seat, biometrics for ease of voting, a digital language translation system, and programmable microphones.

The Sengol

The Sengol, a symbol of governance in Tamil kingdoms of the past, is a five-feet long sceptre made of silver and gold. It was handed over by Lord Mountbatten to Pandit Jawaharlal Nehru on August 14, 1947, as a symbol of the transfer of power. The Sengol was then displayed in The Allahabad Museum.

Indian Navy and ISRO Release Gaganyaan Recovery Training Plan

The Indian Navy and the Indian Space Research Organisation (ISRO) jointly released the Gaganyaan Recovery Training Plan at INS Garuda in Kochi. This document outlines the training plan for the recovery of the crew module of the Gaganyaan mission. Various teams participating in the recovery operations, including divers, MARCOs (marine commandos), medical specialists, communicators, technicians, and naval aviators, will undergo incremental training phases, starting from unmanned recovery to manned recovery training in harbor and open sea conditions. The Indian Navy is leading the recovery operations in coordination with other government agencies.

Writer and Literary Critic G H Nayak Passes Away

Renowned writer and literary critic Govindaray H Nayak, popularly known as G H Nayak, passed away at the age of 88 due to a heart attack in Mysuru. Nayak, a native of Surve village near Ankola, Uttara Kannada district of coastal Karnataka, served as a Kannada professor at the University of Mysore. He received several accolades for his work, including the Central Sahitya Akademi Award in 2014, the Karnataka Sahitya Academy Award, and the Pampa Award.

Micky Jagtiani, Founder of Retail Giant Landmark Group, Passes Away at 70

Micky Jagtiani, the founder of retail giant Landmark Group, passed away at the age of 70. Based in Dubai, Jagtiani had a net worth of $5.2 billion and was ranked 511 on Forbes' 37th annual world billionaires list. He started the business in 1973 with one store in Bahrain and expanded it across West Asia, Africa, and India. Currently, his wife Renuka runs the Landmark Group as chairman and CEO, while his three children serve as directors in the group, overseeing different aspects of the business. The Landmark Group has a presence in India and owns retail brands such as Lifestyle, Max, and Home Center.

Mukesh Ambani Appointed as Member of Advisory Committee of COP28

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, has been appointed as a member of the Advisory Committee to the President of the 28th Session of the Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC). Ambani is the only Indian, apart from Sunita Narain, Director General of the Centre for Science and Environment, to be part of the advisory committee. The COP28 UAE Advisory Committee consists of important global leaders such as Larry Fink, Olafur Grimsson, Laurent Fabius, Francesco La Camera, and Bob Dudley. The conference will be hosted by the UAE from November 30, 2023, to December 12, 2023, at Dubai Expo City.

Karnataka Bank Appoints Srikrishnan Hari Hara Sarma as MD & CEO

Karnataka Bank, headquartered in Mangaluru, has appointed Srikrishnan Harihara Sarma as the new Managing Director and Chief Executive Officer. Sarma, with four decades of experience in commercial, retail, and transactional banking, technology, and payments, has previously held key positions at HDFC Bank Ltd., Yes Bank Ltd., and Jio Payments Bank Ltd. His appointment will last for a period of three years.

Justice Ramesh Devkinandan Dhanuka Sworn in as Chief Justice of Bombay HC

Justice Ramesh Devkinandan Dhanuka has been sworn in as the Chief Justice of the Bombay High Court. The oath of office was administered by Maharashtra Governor Ramesh Bais at a ceremony held at Raj Bhavan. Justice Dhanuka, born on May 31, 1961, in Mumbai, has had a distinguished legal career. He has previously served as a Senior Counsel Panelist for the Municipal Corporation of Greater Mumbai and has represented the corporation in numerous matters in the Bombay High Court.

RBI Imposes Rs 85 Lakh Penalty on Central Bank of India for Non-Compliance

The Reserve Bank of India (RBI) has imposed a penalty of Rs 84.50 lakh on Central Bank of India for non-compliance with certain provisions related to frauds classification and reporting. During a statutory inspection, it was discovered that the public sector lender failed to report certain accounts as fraud to RBI within seven days of the decision of the Joint Lenders' Forum (JLF) to declare the accounts as fraudulent. Additionally, the bank charged SMS alert fees to customers on a flat basis rather than based on actual usage.