Weekly One Liner Current Affairs 1st Week May 2022

Weekly One Liner Current Affairs 1st Week May 2022

May 1st week

Current Affairs/General Awareness is very much necessary for all the competitive exams.

Weekly Current Affair one liners will help to boost your score in exams like SBI PO, SBI Clerk, IBPS PO, IBPS Clerk, LIC, SSC, Railways, and other competitive exams.

We’ve provided the weekly one-liner current affairs below to assist you prepare for the general awareness / current affairs for upcoming examinations and stay updated on current events.

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Banking and Financial

  • DBS Bank partnered with Headstart and Anthill to support promising startups
  • Fidypay partnered with Yes Bank to push financial inclusion
  • IRDAI allowed insurance companies to invest up to 30% of assets in BFSI sector
  • Bengaluru-based Neobank ‘Open’ became 100th Unicorn of India
  • HDFC ERGO launched ‘Pay as you Drive’ program to reduce upfront costs of premium
  • Canara Bank tied-up with Additional Skill Acquisition Programme (ASAP) to launch skill loans
  • RBI Monetary Policy (2-4 May, 2022): RBI hiked Repo Rate by 40 bps to 4.40%
  • SC appointed panel for recovery of money from NSEL defaulters; headed by Pradeep Nandrajog
  • Cabinet approved additional funding of Rs 820 crore for India Post Payments Bank
  • ICICI Bank launched India’s ‘open-for-all’ digital ecosystem for MSMEs
  • RBI imposed penalty of 1.12 crores on Bank of Maharashtra for non-compliance
  • Bharti Airtel acquired 7% stake in Cnergee Technologies under Airtel Startup Accelerator Program
  • RBI modified norms for banks on short term crop loan scheme under KCC
  • Government collected all-time high Rs 1.68 lakh crores as GST revenue of April 2022
  • Union Bank of India became 1st public sector bank to go live on Account Aggregator framework
  • Indian Bank launched pre-approved personal loan under Project World of Advance Virtual Experience (WAVE)
  • HDFC Life became a signatory to United Nations – Supported Principles for Responsible Investment
  • SEBI restructured Secondary Market Advisory Committee; headed by Gurumoorthy Mahalingam

National News

  • Chhattisgarh launched ‘Mukhyamantri Mitaan Yojana’ for doorstep delivery of 100 public services
  • Indian Army signed MoU to set up coaching centre for underprivileged students in Manipur
  • Rajasthan’s ‘Miyan ka Bada’ Railway Station renamed to ‘Mahesh Nagar Halt’
  • Maharashtra launched loan scheme ‘Jivhala’ for inmates serving sentences in jails
  • RailTel & WHO inaugurated Mobile Container Hospital at Visakhapatnam, Andhra Pradesh
  • RPF launched focused effort under “Operation Satark” from 5th to 30th April 2022
  • Telangana extended insurance coverage to handloom & power loom weavers under ‘Nethanna Bima’ scheme
  • India’s 1st tribal health observatory will be set up in Odisha
  • Haryana launched ‘Vehicle Movement Tracking System’ mobile app to track movement of sand, mining vehicles
  • Maharashtra Cabinet approved first-of-its-kind ‘Maharashtra Gene Bank Project’ for biodiversity conservation
  • Tata Power signed MoU with National Real Estate Development Council (NAREDCO) to install 5000 EV charging points across Mumbai
  • PM Modi inaugurated Semicon India Conference 2022 at Bengaluru
  • Bihar CM Nitish Kumar inaugurated nation’s first ethanol plant in Purnia
  • Karnataka govt signed pact with ISMC Analog to set up semiconductor fab plant
  • Mega Health Festival inaugurated in Puducherry
  • Railways Ministry signed MoU with C-DoT to work together for Public Safety & Security Services
  • Haryana govt will build stadium in Neeraj Chopra’s hometown
  • Manipur CM Biren Singh launched Direct Benefit Transfer for organic farmers
  • India’s 1st Flow Chemistry Technology Hub Set up at Hyderabad
  • Rajasthan became the 1st 10 GW Solar State
  • Civil Registration System Report 2020 released; Ladakh recorded highest sex ratio in the country in 2020

International News

  • Times Higher Education (THE) Impact Rankings 2022: India 4th best-represented nation; Australia topped
  • Chainalysis 2021 Cryptocurrency Gains by Country: India ranked 21st in estimated Crypto Gains in 2021, US topped
  • India and Germany signed joint declaration of Intent on “Indo-German Green Hydrogen Task Force” & Forest Landscape Restoration
  • The State of the World’s Forests 2022 by FAO: 10% of total forest area on Earth lost in 30 years
  • Statue of Unity included in ‘8 Wonders of SCO’ list
  • NTPC GE Power Services Private Limited (NGSL) signed tripartite MoE to develop floating solar PV projects in Kenya
  • India-UAE Comprehensive Economic Partnership Agreement entered into force
  • World Press Freedom Index 2022: India ranked 150th; Norway topped
  • Bangladesh discovered a new gas field of 20 MMCFD capacity at Koilastila Gas field

Appointment and Resignation

  • Lt Gen BS Raju appointed as Vice Chief of Indian Army
  • Anshul Swami appointed as MD & CEO of Shivalik Small Finance Bank
  • Sahas Malhotra appointed as CEO of JioSaavn
  • Sangeeta Singh appointed as chairman of Central Board of Direct Taxes (CBDT)
  • Rajiv Ranjan appointed as ex-officio member of RBI Monetary Policy Committee
  • Nand Mulchandani appointed 1st-ever chief tech officer of CIA
  • Tarun Kapoor appointed as advisor to Prime Minister Modi
  • National Rifle Association of India (NRAI) appointed Joydeep Karmakar as National Chief Rifle Coach
  • Arvind Krishna elected to the Board of Directors of Federal Reserve Bank of New York
  • Venkataramani Sumantran appointed as chairman of Board of Directors of IndiGo


  • Snow leopard expert Charudutt Mishra won Whitley Gold Award
  • Atal Tunnel received Indian Building Congress (IBC) ‘Best Infrastructure Project’ award
  • DD National Pet Show ‘Best Friend Forever’ won ENBA Award 2021
  • India will be ‘Country of Honour’ at Cannes Marche’ Du Film in France
  • NASA’s climate research scientist Cynthia Rosenzweig won World Food Prize 2022


  • Indian navy successfully test-fired Anti-ship version of BrahMos missile
  • India’s 1st indigenous aircraft carrier INS Vikrant will be handed over to Indian navy
  • Cochin Shipyard will build India’s 1st indigenous hydrogen-fuelled electric vessel
  • NATO Exercises’ Defender Europe 2022 & Swift Response 2022 began in Poland and 8 other countries
  • Indian Coast Guard commissioned its 2nd ALH Mk III Squadron in Kochi


  • IIT Bombay tied up with India Meteorological Department to develop user-friendly weather forecasting app
  • ISRO planned mission to Venus by December 2024


  • PV Sindhu won bronze at Asian Badminton Championships
  • India won silver in Asian Girls Youth Beach Handball Championship
  • Harshada Sharad Garud became 1st Indian to win gold medal at IWF Junior World Weightlifting Championship in Greece
  • Ronnie O’Sullivan won record seventh World Snooker Championship Title
  • JAIN University won the Khelo India University Games 2021
  • Kerala won Santosh Trophy for seventh time
  • Real Madrid won 35th Spanish League title
  • Dhanush Srikanth won gold in men’s 10m air rifle at 24th Deaflympics in Brazil
  • Olympian discus thrower Kamalpreet Kaur provisionally suspended
  • Vedika Sharma won bronze in women’s 10m air pistol in Deaflympics 2021
  • Annual ICC Team Rankings 2022: India remained on top in T20 Team Rankings

Book and Author

  • Devendra Fadnavis released a book titled “Amit Shah Ani Bhajapachi Vatchal” originally written by Dr Anirban Ganguly & Shiwanand Dwivedi and translated into Marathi by Dr Jyostna Kolhatkar
  • A new book titled “Leaders, Politicians, Citizens” authored by Rasheed Kidwai

Important day

  • 1 May: International Labour Day
  • 1 May: Maharashtra and Gujarat Statehood Day
  • 1 May (first Sunday of every May): World Laughter Day
  • 2 May: World Tuna Day
  • 3 May: World Press Freedom Day (Theme 2022: ‘Journalism under Digital Siege’)
  • 3 May (first Tuesday of May): World Asthma Day (Theme 2022: ‘Closing Gaps in Asthma Care’)
  • 4 May: International Firefighter’s Day
  • 4 May: Coal Miners Day
  • 5 May: World Portuguese language Day
  • 5 May: World Hand Hygiene Day (campaign theme 2022: “a health care ‘quality and safety climate or culture’ that values hand hygiene and infection prevention and control”)
  • 6 May: International No Diet Day
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