20th May Current Affairs for Bank Exam

• Asian Football Confederation(AFC) to have first-ever female referee team to take charge of mens AFC cup

• Asian Football Confederation(AFC) announced its first-ever female referee team to officiate Men’s Continental Club Cup match The team consists of 3 Japanese referees namely, Yoshimi Yamashita and assistants Makoto Bozono and Naomi Teshirogi.  the match between Myanmar’s Yangon United and Cambodia’s Naga World at the Thuwunna Stadium in Yangon, Myanmar. 

• IBM Garage To Co-Create AI-based Automation Solutions With HDFC ERGO

• IBM India tied-up with HDFC ERGO General Insurance Company, India’s third-largest non-life insurance provider in the private sector, to co-create new Artificial Intelligence (AI)-based solutions. 

• Leveraging IBM Garage that uses data-driven insights to develop end-to-end strategies and solutions for business transformation, teams from HDFC ERGO and IBM Services will work together to develop and test new solutions.

• Tech Mahindra Partners With France Based Firm Rakuten Aquafadas

• Tech Mahindra and French digital content publishing firm Rakuten Aquafadas signed an MoU to collaborate on building enhanced customer experience offerings. 

• Rakuten Aquafadas and Tech Mahindra aim to build a Customer Experience Offering leveraging the suite of software that Rakuten Aquafadas provides for digital publishing. 

• USD 10 million on offer in ICC World Cup, winner to earn 4 million

• The winners of the upcoming ICC men's World Cup will earn a cash award of USD 4 million, the highest prize money on offer in the history of the tournament. 

• The winners of the 10-team tournament will also get a trophy that they will lift at the historic Lord's on July 16.

• Taj, Singapore sign 4,000 cr partnership to buy hotels in India

• Indian Hotels Company, which runs hotels under Taj, Vivanta and Ginger brands partnered with Singapore's wealth fund GIC to invest ₹4,000 crore for buying hotels in India. 

• The equity contribution of Indian Hotels in the acquisitions will be 30% and GIC's will be 70%. The partners will acquire fully-operational hotels mainly in the luxury, upper scale and upscale segments. 

• Saudi government approved Privileged Iqam system

• The Saudi government has approved for the first time Privileged Iqam, a scheme for entrepreneurs, investors and skilled expatriates approved to stimulate the national economy. 

• The approval is aimed at attracting long-term investments as the government tries to diversify the economy and boost domestic spending. 

• Jeffrey Rosen is appointed as the USs deputy attorney general

• Jeffrey Rosen was confirmed as the United States’ latest deputy attorney general by the US Senate. He replaces Rod Rosenstein. 

• Mr.Rosenstein oversaw Special Counsel Robert Mueller’s investigations into Russian collusion in the 2016 Presidential elections, before stepping down from his post in April. 

• Rohingya refugees gets identity cards as their first ever proof of documentation

• Over 2.7 lakh Rohingya refugees in Bangladesh have been registered by the United Nations, several getting identity cards as their first-ever proof of documentation.  

• The Rohingya Muslims living in Myanmar have not been able to acquire formal citizenship, leaving them stateless and deprived of basic rights. The cards are aimed at improving the accuracy of data on refugees in Bangladesh. 

• Global Drugs Survey says Indians lead world in seeking help to reduce drugs intake

• The Global Drugs Survey, a survey of recreational drug use for the first time polled respondents from India, has found that more than any other nationalities, Indians are seeking help to reduce their alcohol intake which reflects an awareness of abuse.  

• The survey says:  Alcohol, tobacco, and cannabis were the most common stimulants used by Indians. 

• Former Australian Prime Minister Bob Hawke died aged 89

• Australia’s 23rd prime minister and Labor elder statesman Bob Hawke has died. He served as prime minister between 1983 and 1991, making him the longest serving on the Labor side of politics. 

• He was the country's third longest-serving leader after Robert Menzies and John Howard. About Australia: Capital: Canberra Currency: Australian dollar Prime minister: Scott Morrison President: Malcolm Turnbull