Daily Current Affairs- 17 May 2016

Dear Readers, we are providing  Today's important current affairs of Competitive Exams specially for Bank and SSC.

> Current Affairs of May 2016

Daily Current Affairs- 17 May 2016

1. World’s first robot lawyer ROSS hired by US law firm BakerHostetler
1. US-based law firm BakerHostetler in May 2016 hired the world’s first robot lawyer ROSS to assist the company and its various teams in legal research.
2. The law firm will licence artificial lawyer ROSS for use in its Bankruptcy, Restructuring and Creditors’ Rights team.
3. ROSS has been built by ROSS Intelligence and is built upon IBM cognitive computer Watson. With the support of Watson’s, lawyers can ask ROSS their research question.

2. Australian researchers built world’s first scanning helium microscope
1. Australian researchers built the world’s first scanning helium . microscope (SHeM). An announcement in this regard was made by the scientists belonging to the University of Newcastle in the third week of May 2016.
2. It would enable scientists to study human, animal and plant samples, as well as pharmaceutical drugs and computer chips in their true state.It is expected to provide new insights into structures at a microscopic level.

3. UNICEF, EU launch #EmergencyLessons campaign on Education in Crisis Zones
1. The United Nations Children's Fund (UNICEF) and the European Union (EU) on 16 May 2016 announced the launch of #EmergencyLessons campaign on education in crisis zones.
2. The campaign is a social media-driven public awareness campaign. It is aimed at reaching 20 million Europeans and highlighting the importance of education for children affected by emergencies.
3. The campaign specifically targets people 25 year old and younger peoples. For the next seven months, the stories of the children affected by emergencies will be shared on social media.• It covers countries like Greece, Hungary, Ireland, Italy, Slovenia, Slovakia and the United Kingdom.

4. IIT-Kharagpur’s Nandini Bhandaru wins European Materials Research Society Award
1. Nandini Bhandaru, a PhD student at IIT-Kharagpur has won the Young Scientist Award of the European Materials Research Society’s (E-MRS) for contribution to materials science. She had won the award for her outstanding contribution to materials science and nanotechnology, particularly nano-patterning of soft films and surfaces. 
2. Presently, Ms. Bhandaru is working at the Instability and Soft Patterning Laboratory of the institute IIT-Kharagpur. Her area of doctoral research is on nano-fabrication, including soft-lithography, polymer blend films, thin film dewetting and self-assembly.

5. World Bank approves $625-million loan for India’s Rooftop Solar Programme
1. The World Bank’s Board has approved 625 million dollars loan to support India’s grid connected rooftop solar programme to generate clean energy. The loan will be provided by the International Bank for Reconstruction and Development (IBRD), lending arm of World Bank and has a maturity of 20 years and a 19.5 year grace period.
2. The project will finance the installation of at least 400 MW of grid connected rooftop solar photovoltaic (GRPV) across India. These solar PV installations will provide clean, renewable energy and reduce Green House Gases (CHGs) emissions by displacing thermal generation. The project will also strengthen the capacity of key institutions and support the development of the overall solar PV market.

6. Justice Deepak Gupta sworn-in as Chief Justice of Chhattisgarh High Court
1. Justice Deepak Gupta has sworn-in as the new Chief Justice (CJ) of the Chhattisgarh High Court. He was administered the oath of office as per by Chhattisgarh Governor Balram Das Tandon at Raj Bhawan in Raipur as per the provisions of the Article 219 of Constitution.
2. Justice Deepak Gupta was transferred from Tripura High Court by President Pranab Mukherjee as per provisions Article 222 of Constitution. He was transferred by President following recommendation of the Supreme Court collegium headed by Chief Justice of India (CJI) T.S. Thakur.

7. South Korean author Han Kang wins 2016 Man Booker International Prize 
1. South Korean author, Han Kang, has won the 2016 Man Booker International Prize for her novel ‘The Vegetarian’. With this Han becomes the first South Korean to win this prestigious literary prize. 
2. The writer and her British translator Deborah Smith will share the 72,000 dollars prize money. Han’s novel ‘The Vegetarian’ tells a story of a wife (Yeong-hye lead character) who decides to become a vegetarian. 
3. The decision provokes cruelty from her husband, and from her father, and obsession from her sister’s husband, as the woman, she dreams obsessively about becoming a tree. The novel was picked unanimously by the panel of five judges chaired by Boyd Tonkin. It was chosen amongst six other novels.

8. Royal Bank of Scotland to exit India retail operations in a phased manner
1. The Royal Bank of Scotland NV (RBS) said it will commence closing its retail banking branches in a phased manner and has started informing its customers.
2. The foreign bank operates 10 retail bank branches across India.
3. The bank said after examining a number of options for the banking business in India, it decided to wind down our corporate, institutional and retail banking businesses in India.



Previous Post
Next Post