Current Affairs – 23 May, 2026

🌍 National & Int. Affairs • 🏛️ State Initiatives • 🏦 Banking & Finance • 📅 Important Days  |  20 MCQs

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📌 Quick Summary — Current Affairs 23 May, 2026

💰 Economy, Banking & Finance
  • (Q4) Markets: NCDEX launched ‘Rain Mumbai’, India’s first SEBI-approved weather derivative.
  • (Q9) Banking: RBI canceled the license of Yashwant Cooperative Bank in Maharashtra.
  • (Q10) Corporate Governance: NISM signed a pact with IICA to strengthen ESG ecosystems.
  • (Q12) Infrastructure: Delhi Airport approved India’s first Automated People Mover (Air Train).
  • (Q15) Milestones: Reliance Industries surpassed the historic $120 billion revenue mark.
  • (Q16) RBI Surplus: RBI transferred a massive ₹2.87 lakh crore dividend to the Central Government.
🌐 National & International Affairs
  • (Q2) Awards: Yang Shuang-zi won the prestigious International Booker Prize 2026.
  • (Q7) Observances: International Day for Biological Diversity is celebrated on May 22nd.
  • (Q11) Global Health: WHO declared a public health emergency due to the Bundibugyo Ebola strain.
  • (Q14) Bilateral Ties: India and Italy declared 2027 as the Year of Culture and Tourism.
  • (Q18) Literature: Ruskin Bond authored “All Time Favourite Friendship Stories”.
🏛️ State Government Initiatives
  • (Q1) Tech Governance: Kerala pioneered India’s first dedicated Artificial Intelligence Ministry.
  • (Q8) Education: West Bengal signed an MoU to implement the PM SHRI School Scheme.
  • (Q17) Heritage: A 12th-century ‘Veergallu’ was discovered in Madiyur, Karnataka.
  • (Q20) Youth Empowerment: Delhi launched the 10-crore ‘Hauslo ki Udaan’ talent hunt scheme.
🧪 Science, Tech, Defense & Sports
  • (Q3) Defense Tech: The ‘Vayuastra-1’ suicide drone completed its maiden technical trial.
  • (Q5) Sports: East Bengal FC secured its first-ever Indian Super League title.
  • (Q6) Naval Power: INS Sanghamitra, a Next-Gen Offshore Patrol Vessel, was launched.
  • (Q13) UAV Systems: DRDO tested the ‘ULPGM V3’ UAV from Kurnool, Andhra Pradesh.
  • (Q19) Aviation: The AMCA flight testing system’s foundation was laid in Puttaparthi.
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