{"id":179071,"date":"2024-05-30T18:03:32","date_gmt":"2024-05-30T12:33:32","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=179071"},"modified":"2026-02-27T16:26:20","modified_gmt":"2026-02-27T10:56:20","slug":"30-may-2024-current-affairs","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/30-may-2024-current-affairs\/","title":{"rendered":"30 May 2024 Current Affairs in English"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_77 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of content<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.oliveboard.in\/blog\/30-may-2024-current-affairs\/#Todays_Current_Affairs_%E2%80%93_30_May_2024\" >Today&#8217;s Current Affairs &#8211; 30 May 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.oliveboard.in\/blog\/30-may-2024-current-affairs\/#30th_May_Daily_Current_Affairs_2024\" >30th May Daily Current Affairs 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.oliveboard.in\/blog\/30-may-2024-current-affairs\/#International_Day_of_Potato_2024\" >International Day of Potato 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.oliveboard.in\/blog\/30-may-2024-current-affairs\/#Hindi_Journalism_Day_2024\" >Hindi Journalism Day 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.oliveboard.in\/blog\/30-may-2024-current-affairs\/#Praggnanandhaa_topples_World_No_1_Magnus_Carlsen_for_the_first_time_in_a_Classical_event_at_Norway_Chess_2024\" >Praggnanandhaa topples World No. 1 Magnus Carlsen for the first time in a Classical event at Norway Chess 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.oliveboard.in\/blog\/30-may-2024-current-affairs\/#NHAI_launches_initiative_to_attract_the_UAEs_investments_for_Indias_highway_expansion\" >NHAI launches initiative to attract the UAE\u2019s investments for India\u2019s highway expansion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.oliveboard.in\/blog\/30-may-2024-current-affairs\/#S_P_Global_Ratings_Revised_Indias_Outlook_On_Economy_To_Positive_From_Stable\" >S&amp;P Global Ratings Revised India\u2019s Outlook On Economy To Positive From Stable<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.oliveboard.in\/blog\/30-may-2024-current-affairs\/#DRDO_Successfully_Flight-Tested_RudraM-II_Air-To-Surface_Missile_From_Su-30_MK-I_Platform_Of_IAF\" >DRDO Successfully Flight-Tested RudraM-II Air-To-Surface Missile From Su-30 MK-I Platform Of IAF<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.oliveboard.in\/blog\/30-may-2024-current-affairs\/#India_assumes_Chair_of_Colombo_Process_for_2024-26\" >India assumes Chair of Colombo Process for 2024-26<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.oliveboard.in\/blog\/30-may-2024-current-affairs\/#MEA_MeitY_And_CSC_E-Governance_Services_India_Ltd_Sign_MoU_To_Provide_EMigrate_Services_Through_Common_Services_Centres\" >MEA, MeitY, And CSC E-Governance Services India Ltd Sign MoU To Provide EMigrate Services Through Common Services Centres<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.oliveboard.in\/blog\/30-may-2024-current-affairs\/#PFC_receives_%E2%80%9CCSR_Champion_Award%E2%80%9D_at_Outlook_Planet_Sustainability_Summit_Awards_2024\" >PFC receives \u201cCSR Champion Award\u201d at Outlook Planet Sustainability Summit &amp; Awards 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.oliveboard.in\/blog\/30-may-2024-current-affairs\/#REC_wins_%E2%80%98Sustainability_Champion_%E2%80%93_Editors_Choice_Award_at_Outlook_Planet_Sustainability_Summit_Awards_2024\" >REC wins \u2018Sustainability Champion \u2013 Editor\u2019s Choice Award\u2019 at Outlook Planet Sustainability Summit &amp; Awards 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.oliveboard.in\/blog\/30-may-2024-current-affairs\/#RBI_imposes_business_restriction_on_Edelweiss_groups_EARCL_ECL_Finance\" >RBI imposes business restriction on Edelweiss group&#8217;s EARCL, ECL Finance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.oliveboard.in\/blog\/30-may-2024-current-affairs\/#RBI_imposes_Rs_3638_lakh_penalty_on_HSBC_for_violating_FEMA_regulations\" >RBI imposes Rs 36.38 lakh penalty on HSBC for violating FEMA regulations<\/a><\/li><\/ul><\/nav><\/div>\n<div class=\"yoast-breadcrumbs\"><span><span><a href=\"https:\/\/www.oliveboard.in\/blog\/\">Home<\/a><\/span> \u00bb <span><a href=\"https:\/\/www.oliveboard.in\/blog\/category\/preparation-resources\/\">Prep Resources<\/a><\/span> \u00bb <span><a href=\"https:\/\/www.oliveboard.in\/blog\/category\/preparation-resources\/current-affairs\/\">Current Affairs<\/a><\/span> \u00bb <span><a href=\"https:\/\/www.oliveboard.in\/blog\/category\/preparation-resources\/current-affairs\/may\/\">May<\/a><\/span> \u00bb <span class=\"breadcrumb_last\" aria-current=\"page\"><strong>30 May 2024 Current Affairs<\/strong><\/span><\/span><\/div>\n\n\n<h2 class=\"wp-block-heading\" id=\"ftoc-heading-1\"><span class=\"ez-toc-section\" id=\"Todays_Current_Affairs_%E2%80%93_30_May_2024\"><\/span>Today&#8217;s Current Affairs &#8211; 30 May 2024<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>30 May 2024 Current Affairs refers to the latest news and events happening worldwide and are relevant to our daily lives. Staying updated with the 30 May 2024 Current Affairs is essential for students who are preparing for exams, especially competitive exams, as it forms an important part of the syllabus. The importance of the 30 May Current Affairs lies in its ability to help students enhance their general knowledge, improve their reading and comprehension skills, and develop their critical thinking abilities.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"ftoc-heading-2\"><span class=\"ez-toc-section\" id=\"30th_May_Daily_Current_Affairs_2024\"><\/span>30th May Daily Current Affairs 2024<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>30 May 2024 Current Affairs also provides students with insights into issues such as politics, economics, and social issues that are important for their overall development as informed citizens. Regularly reading and analyzing the 30 May 2024 Current Affairs not only helps students ace their exams but also prepares them for their future roles as responsible and well-informed citizens of society.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/blog\/daily-current-affairs\/\" target=\"_blank\" rel=\"noreferrer noopener\">Click Here to Read Daily Current Affairs 2024<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"ftoc-heading-1\"><span class=\"ez-toc-section\" id=\"International_Day_of_Potato_2024\"><\/span>International Day of Potato 2024<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"720\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2024\/05\/International-Day-of-Potato-2024-30th-May-Theme-History.webp\" alt=\"International Day of Potato 2024 (30th May), Theme &amp; History\" class=\"wp-image-177521\"\/><\/figure>\n\n\n\n<p>The very first-ever International Day of Potato is being celebrated, on&nbsp;<strong>Thursday, May 30th, 2024<\/strong>! The Food and Agriculture Organization (FAO) of the United Nations designated this day to recognize the importance of the potato as a global food source.<\/p>\n\n\n\n<p>The theme of the International Day of Potato 2024 is&nbsp;<strong>\u201cHarvesting Diversity, Feeding Hope\u201d<\/strong>. The theme underscores the fact that with over 5000 improved varieties, and farmers\u2019 varieties\/landraces of the crop, there are ample choices for the needs of diverse production systems, culinary preferences, and industrial applications, especially in these turbulent times, when many agrifood systems are in peril around the world. <a href=\"https:\/\/www.oliveboard.in\/blog\/international-day-of-potato\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read the complete article here.<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Hindi_Journalism_Day_2024\"><\/span>Hindi Journalism Day 2024<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The journey of Hindi journalism began on <strong>May 30, 1826<\/strong>, with the publication of the <strong>first Hindi newspaper, \u2018Udant Martand,\u2019 started by Pt. Jugal Kishore Shukla<\/strong>. This day is dedicated to the special contribution of Hindi journalists working for public welfare, imbued with truth &amp; courage. The Hindi publication of Udant Martand was a milestone in the history of <a href=\"https:\/\/www.oliveboard.in\/blog\/national-press-day-2024\/\" target=\"_blank\" rel=\"noreferrer noopener\">Indian journalism<\/a>.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/blog\/weekly-current-affairs\/\" target=\"_blank\" rel=\"noreferrer noopener\">Click Here to Read Weekly Current Affairs 2024<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Praggnanandhaa_topples_World_No_1_Magnus_Carlsen_for_the_first_time_in_a_Classical_event_at_Norway_Chess_2024\"><\/span>Praggnanandhaa topples World No. 1 Magnus Carlsen for the first time in a Classical event at Norway Chess 2024<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong><a href=\"https:\/\/www.oliveboard.in\/blog\/india-praggnanandhaa-finishes-2nd-in-chess-world-cup-2023\/\" target=\"_blank\" rel=\"noreferrer noopener\">Praggnanandhaa<\/a> toppled Magnus Carlsen for the first time in a Classical event.<\/strong> The 18-year-old Indian prodigy took down the World No. 1 with the White pieces in the 3rd round of <strong>Norway Chess 2024<\/strong>. Praggnanandhaa got an early edge out of the opening and eventually converted it into a victory. With this win, Pragg now takes the sole lead with 5.5 points in the event.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"NHAI_launches_initiative_to_attract_the_UAEs_investments_for_Indias_highway_expansion\"><\/span>NHAI launches initiative to attract the UAE\u2019s investments for India\u2019s highway expansion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>The National Highways Authority of India (NHAI)<\/strong> has launched an initiative to monetize its infrastructure, seeking investments from the UAE to sustain and enhance India\u2019s expanding national highway network. NHAI aims to build lasting UAE investor relationships, with positive responses in Dubai and upcoming meetings in Abu Dhabi.<\/p>\n\n\n\n<p>This initiative represents a strategic move to secure sustainable funding for India\u2019s highway expansion, attract significant capital, and foster a beneficial partnership for both India and investors.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"S_P_Global_Ratings_Revised_Indias_Outlook_On_Economy_To_Positive_From_Stable\"><\/span>S&amp;P Global Ratings Revised India\u2019s Outlook On Economy To Positive From Stable<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>S&amp;P Global Ratings revised India\u2019s outlook on the economy to positive from stable. The agency expects broad continuity in economic reforms and fiscal policies regardless of the election outcome. Since September 26, 2014, the Agency placed India\u2019s outlook on the Economy as stable. <strong>After a gap of 10 years, the outlook has been upgraded to positive.<\/strong><\/p>\n\n\n\n<p>Robust economic growth, improvement in the quality of government spending, political commitment to fiscal consolidation, GDP expanding close to 7% annually over the next three years, Improvements in infrastructure and connectivity in India, Expectation for general government deficit to dip to 6.8% by fiscal 28 from 7.9% in fiscal 2025, are the rational behind the outlook.<\/p>\n\n\n\n<p>The agency, however, retained the Sovereign rating at BBB minus, citing Fiscal setting vulnerabilities.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/blog\/monthly-current-affairs\/\" target=\"_blank\" rel=\"noreferrer noopener\">Click Here to Read Monthly Current Affairs 2024<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"DRDO_Successfully_Flight-Tested_RudraM-II_Air-To-Surface_Missile_From_Su-30_MK-I_Platform_Of_IAF\"><\/span>DRDO Successfully Flight-Tested RudraM-II Air-To-Surface Missile From Su-30 MK-I Platform Of IAF<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/www.oliveboard.in\/blog\/drdo-full-form\/\" target=\"_blank\" rel=\"noreferrer noopener\">Defence Research and Development Organisation (DRDO)<\/a> successfully flight-tested the <strong>RudraM-II air-to-surface missile from the Su-30 MK-I platform of the Indian Air Force in Odisha<\/strong>. RudraM-II is an indigenously-developed solid-propelled air-launched missile system. A number of state-of-the-art indigenous technologies developed by DRDO laboratories have been incorporated into the missile.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"India_assumes_Chair_of_Colombo_Process_for_2024-26\"><\/span>India assumes Chair of Colombo Process for 2024-26<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>India assumed the <strong>Chair of Colombo Process for 2024-26<\/strong>, for the first time since its inception. India looks to promote safe, orderly, and legal migration. The Colombo Process is a Regional Consultative Process of migrant workers originating from South and South East Asia. It serves as a forum for the exchange of best practices on overseas employment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"MEA_MeitY_And_CSC_E-Governance_Services_India_Ltd_Sign_MoU_To_Provide_EMigrate_Services_Through_Common_Services_Centres\"><\/span>MEA, MeitY, And CSC E-Governance Services India Ltd Sign MoU To Provide EMigrate Services Through Common Services Centres<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>External Affairs Ministry, Ministry of Electronics and Information Technology, and Common Services Centers eGovernance Services India Limited have signed a Memorandum of Understanding today to provide the <strong>eMigrate services through CSC<\/strong> in the country. eMigrate project aims to assist mainly the blue-collar workers going to Emigration Check Required countries.<\/p>\n\n\n\n<p>The Electronics and Information Technology Ministry said that the project was conceptualized to address issues faced by migrant workers by making the emigration process online seamless and also to bring foreign employers registered recruitment agents and insurance companies on one common platform aimed at promoting safe and legal migration.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"PFC_receives_%E2%80%9CCSR_Champion_Award%E2%80%9D_at_Outlook_Planet_Sustainability_Summit_Awards_2024\"><\/span>PFC receives \u201cCSR Champion Award\u201d at Outlook Planet Sustainability Summit &amp; Awards 2024<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Power Finance Corporation Ltd. (PFC) has been honored with the <strong><a href=\"https:\/\/www.oliveboard.in\/blog\/csr-full-form\/\" target=\"_blank\" rel=\"noreferrer noopener\">Corporate Social Responsibility (CSR)<\/a> award in the NF (Non-Fossil Fuel) business category at the Outlook Planet Sustainability Summit &amp; Awards 2024<\/strong>, held in Goa. PFC&#8217;s win in the CSR NF category is a testament to its unwavering commitment to social responsibility and sustainable business practices.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/blog\/monthly-current-affairs-for-ssc\/\" target=\"_blank\" rel=\"noreferrer noopener\">Click Here to Read <strong>Monthly<\/strong> SSC Current Affairs 2024<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"REC_wins_%E2%80%98Sustainability_Champion_%E2%80%93_Editors_Choice_Award_at_Outlook_Planet_Sustainability_Summit_Awards_2024\"><\/span>REC wins \u2018Sustainability Champion \u2013 Editor\u2019s Choice Award\u2019 at Outlook Planet Sustainability Summit &amp; Awards 2024<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>REC Limited, a <a href=\"https:\/\/www.oliveboard.in\/blog\/government-grants-navratna-status-to-ireda\/\" target=\"_blank\" rel=\"noreferrer noopener\">Maharatna<\/a> Central Public Sector Enterprise under the Ministry of Power and a leading NBFC has been honored with the <strong>\u2018Sustainability Champion \u2013 Editor\u2019s Choice Award\u2019 at the \u2018Outlook Planet Sustainability Summit &amp; Awards 2024\u2019<\/strong>. The Award ceremony was organised by Outlook Group, in collaboration with IIT Goa.<\/p>\n\n\n\n<p>This award recognizes REC\u2019s commitment to sustainability initiatives and its efforts in driving progress towards a greener future. The award highlights the corporation\u2019s pledge to sustainability initiatives, leading the path toward a greener future.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"RBI_imposes_business_restriction_on_Edelweiss_groups_EARCL_ECL_Finance\"><\/span>RBI imposes business restriction on Edelweiss group&#8217;s EARCL, ECL Finance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The <a href=\"https:\/\/www.oliveboard.in\/blog\/rbi-grade-b-2024-exam-overview\/\" target=\"_blank\" rel=\"noreferrer noopener\">Reserve Bank of India<\/a> barred the Edelweiss group\u2019s asset reconstruction company from acquiring financial assets and security receipts, and also its non-banking financial arm from undertaking any structured transaction for wholesale exposure, other than repayment and\/ or closure of accounts in its normal course of business.<\/p>\n\n\n\n<p>EARCL has also been barred from reorganizing the existing SRs into senior and subordinate tranches. EARCL and ECL Finance were found to be \u201cacting in concert\u201d by entering into a series of structured transactions for \u201cevergreening stressed exposure of ECL, using the platform of EARCL and connected AIFs, thereby circumventing applicable regulations\u201d.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"RBI_imposes_Rs_3638_lakh_penalty_on_HSBC_for_violating_FEMA_regulations\"><\/span>RBI imposes Rs 36.38 lakh penalty on HSBC for violating FEMA regulations<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The <a href=\"https:\/\/www.oliveboard.in\/blog\/rbi-grade-b-2024-exam-overview\/\" target=\"_blank\" rel=\"noreferrer noopener\">Reserve Bank of India<\/a> has imposed a fine of Rs 36.38 lakh on foreign lender HSBC for Foreign Exchange Management Act (FEMA) violations.<\/p>\n\n\n\n<p>The central bank said reporting requirements under the Liberalised Remittance Scheme of FEMA, 1999 were not followed by HSBC. The RBI had issued a show cause notice to HSBC, in response to which the bank submitted a written reply.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/blog\/banking-current-affairs\/\" target=\"_blank\" rel=\"noreferrer noopener\">Click Here to Read Monthly Banking Current Affairs 2024<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-\"><\/h2>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/www.oliveboard.in\/blog\/caiib-pyps\/\" aria-label=\"CAIIB Previous Year Question Paper, Download Free PDF\"><img loading=\"lazy\" decoding=\"async\" width=\"128\" height=\"84\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/12\/CAIIB-1.webp\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"\" style=\"\" srcset=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/12\/CAIIB-1.webp 730w, https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/12\/CAIIB-1-150x99.webp 150w\" sizes=\"auto, (max-width: 128px) 100vw, 128px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/caiib-pyps\/\">CAIIB Previous Year Question Paper, Download Free PDF<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/www.oliveboard.in\/blog\/caiib-free-quizzes\/\" aria-label=\"Attempt CAIIB Free Practice Quizzes &amp; 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Download Paper-wise PDFs<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/www.oliveboard.in\/blog\/rbi-grade-b-selection-process\/\" aria-label=\"RBI Grade B Selection Process 2026, Know About Phase 1, 2 &amp; Interview\"><img loading=\"lazy\" decoding=\"async\" width=\"128\" height=\"84\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/04\/RBI-Grade-B-1-6.webp\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"\" style=\"\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/rbi-grade-b-selection-process\/\">RBI Grade B Selection Process 2026, Know About Phase 1, 2 &amp; Interview<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/www.oliveboard.in\/blog\/caiib-central-banking-pyps\/\" aria-label=\"Attempt CAIIB Central Banking PYP Quiz and Download Free PDF\"><img loading=\"lazy\" decoding=\"async\" width=\"128\" height=\"84\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/05\/CAIIB-2-1-1.webp\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"\" style=\"\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/caiib-central-banking-pyps\/\">Attempt CAIIB Central Banking PYP Quiz and Download Free PDF<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/www.oliveboard.in\/blog\/ibps-so-reserve-list-link\/\" aria-label=\"IBPS SO 1st Reserve List 2025-26 Out, Check Allotment Status\"><img loading=\"lazy\" decoding=\"async\" width=\"128\" height=\"84\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/02\/IBPS-SO-Reserve-List.webp\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"IBPS SO 1st Reserve List 2025-26\" style=\"\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/ibps-so-reserve-list-link\/\">IBPS SO 1st Reserve List 2025-26 Out, Check Allotment Status<\/a><\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>Today&#8217;s Current Affairs &#8211; 30 May 2024 30 May 2024 Current Affairs refers to the latest news and events happening<\/p>\n","protected":false},"author":54,"featured_media":179074,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10386,13502],"tags":[15124,15123,77,14696,4652,14695,14947,4711,14949,14948,14952,2417],"class_list":["post-179071","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs","category-may","tag-30-may-2024-current-affairs","tag-30-may-2024-current-affairs-in-english","tag-current-affairs","tag-current-affairs-2024","tag-daily-current-affairs","tag-daily-current-affairs-2024","tag-daily-current-affairs-pdf","tag-latest-current-affairs","tag-today-current-affairs","tag-today-current-affairs-2024","tag-today-current-affairs-pdf","tag-upsc-cse-current-affairs","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>30 May 2024 Current Affairs in English<\/title>\n<meta name=\"description\" content=\"In this article you will get to know about 30 May 2024 Current Affairs. 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