Ukraine Current Affairs, GK & News
World Bank’s Migration and Development Brief- Update
The World Bank released its latest Migration and Development Brief. What are the highlights of the report? The Russia- Ukraine war will slow the growth of remittance flows to low- and middle-income countries (LMICs) to 4.2% in 2022 from 8.6% in 2021. It is estimated that remittances to LMICs, this year, will reach $630 billion. ..
Month: Current Affairs - May, 2022
Category: Reports & Indexes Current Affairs
Topics: 2022 Russian Invasion • LMICs • Migration and Development Brief • remittances • Russia • Ukraine • World Bank • World Bank Group
Ban of Wheat Exports
On 14th May 2022, India banned wheat exports with some exceptions. This announcement came days after the central government had announced that this year record shipments of wheat are being targeted. this year. Why was this decision taken? This decision was taken by the government as scorching heatwaves in the country’s northern parts have curtailed ..
Month: Current Affairs - May, 2022
Category: Economy & Banking Current Affairs
Topics: Ban of Wheat Exports • China • heatwave • India • Russia • Ukraine • Wheat • Wheat production
Russia’s Victory Day
May 9 is celebrated as “Victory Day” in Russia. Why Victory day is celebrated? To commemorate the Soviet Union’s role in defeating Nazi Germany in World War II. It was first celebrated in 1965 under Soviet leader Leonid Brezhnev. It was occasionally marked in the Soviet era and revived by President Boris Yeltsin for the ..
Month: Current Affairs - May, 2022
Category: International Current Affairs
Topics: Nazi Germany • Russia • Ukraine • Victory Day
Semicon India Conference-2022
Recently, Prime Minister Narendra Modi inaugurated the three-day Semicon India 2022 conference, which was held in Bengaluru, Karnataka. Who organized the conference? It was organized by India Semiconductor Mission in partnership with industry associations. What is the theme? The theme is catalyzing India’s Semiconductor Ecosystem. What is the aim of the conference? To make India ..
Month: Current Affairs - April, 2022
Category: Science & Technology Current Affairs
Topics: Semicon • semiconductor • Supply chain • Ukraine
World Bank’s Global Growth Forecast
The World Bank has reduced the global growth forecast for 2022 from 4.1 percent to 3.2 percent. The growth forecast has been reduced due to the impacts of the Russian invasion of Ukraine. Overview: The World Bank has proposed a new 15-month crisis financing target of USD 170 billion, out of which USD 50 billion ..
Month: Current Affairs - April, 2022
Category: Economy & Banking Current Affairs
Topics: crisis financing • Global Growth Forecast • International Monetary Fund (IMF) • Russia • Ukraine • World Bank