Seeking to resolve a years-long dispute with Olympic officials, the International Boxing Association said it will update the IOC this week and no longer has Russian energy giant Gazprom as a sponsor.

Boxing's financial dependence on Gazprom is among governance and integrity concerns for the International Olympic Committee, which cut ties with the sport's governing body in 2019 and is planning for a second straight Summer Games without the IBA's involvement.

The schism led USA Boxing to terminate its IBA membership last week ahead of the men's world championships in Uzbekistan, which is also being boycotted by teams including Britain, Canada and Ireland.

The IBA and its Russian president Umar Kremlev used the first day of competition on May 1 in Tashkent to stage a 90-minute press briefing that was both conciliatory and defiant.

Q1. The Chinese billionaire Jack Ma on May 1  took up a visiting professor position at a Japanese university, he is  the founder of tech giant

1. Amazon
2. Alibaba
3. NetEase
4. Baidu
5. None of These

Q2.  Name the Commerce Secretary who has said that the India’s exports to the UAE will reach $50 billion by 2026 because of the implementation of the free trade agreement last year in May ?

1. Sunil Barthwal
2. Sanjay Mitra
3. T. V. Somanathan
4. Giridhar Aramane
5. None of These

Q3. Name the economist and former finance minister who has been elected as the President of Paraguaya from the rightwing party in power for nearly eight decades, rejecting a center-left challenger who had railed against endemic institutional corruption ?

1. Mario Abdo Benitez
2. Horacio Cartes
3. Santiago Pena
4. Efrain Alegre
5. None of These

Q4. Name the  computer scientist  who often dubbed "the godfather of artificial intelligence"  and who has quit his job at Google to speak out about the dangers of the technology ?

1. Raj Reddy
2. Steve Wozniak
3. Jeff Dean
4. Geoffrey Hinton
5. None of These

Q5. Name the secretary of Iran’s Supreme National Security Council (SNSC) with whom National Security Advisor Ajit Doval, along with senior officials from the National Security Council Secretariat, in Tehran?

1. Ali Shamkhani
2.  Ali Khamenei
3. Saeed Jalili
4. Hassan Rouhani Ebrahim Raisi
5. None of These

Answers

1-------------------------2  Alibaba

2------------------------1    Sunil Barthwal

3--------------------------3  Santiago Pena

4-------------------------4   Geoffrey Hinton

5--------------------------1    Ali Shamkhani

A day after resigning from the Bharatiya Janata Party (BJP), veteran tribal leader Nand Kumar Sai on May 1  joined the ruling Congress in Chhattisgarh where the Assembly polls due this year-end.

Sai submitted his resignation to state BJP president Arun Sao and claimed his colleagues were hatching conspiracies and levelling false allegations to tarnish his image, which had left him deeply hurt.

The 77-year-old leader, a former three-term Lok Sabha member and three-time MLA, served as the BJP's state president in both Chhattisgarh and undivided Madhya Pradesh in the past and has considerable influence in tribal-dominated parts of Surguja division (northern Chhattisgarh).

Sai, a prominent tribal face of the party who hails from north Chhattisgarh, was first elected as the Janata Party MLA in 1977 from Tapkara seat (now in Jashpur district) in Madhya Pradesh.

In 1980, he was elected as BJP's Raigarh district unit chief.

He was elected as the BJP MLA from Tapkara in 1985 and 1998.

He was elected to the Lok Sabha from Raigarh in 1989, 1996 and 2004 and the Rajya Sabha in 2009 and 2010.

Sai was Chhattisgarh BJP president from 2003-05 and MP BJP chief from 1997 to 2000.

He was first leader of opposition in the Chhattisgarh Assembly after the state was carved out from MP in November 2000.

The Bihar Police  has arrested former Bharatiya Janata Party (BJP) MLA Jawahar Prasad for inciting violence in Sasaram town during Ram Navami rally on March 31.

Prasad, a five-time former MLA, was among the 67 persons arrested in connection with the Hindutva violence.

Planned violence against Muslims were reported in several parts of Bihar during Ram Navami festivities. Besides Sasaram, violence was reported in Rohtas, Biharsharif, Nalanda, Bhagalpur, Gaya and Munger.

Three BJP local leaders– Shivnath Choudhary, Sonu Sinha and Robin Keshri– had surrendered before the court on  Apr 28 after they were accused of anti-Muslim violence.

Days before, Bajrang Dal convenor of Nalanda district, Kundan Kumar, involved in Hindutva violence in Bihar Sharif town, surrendered before the police after the authorities started property attachment of his house.

In another major step to curb terror activities, the Central government has blocked 14 mobile messenger applications being used by terror groups.

It is learnt that these applications were mostly being used by Over Ground Workers of different terrorist organisations based in Jammu and Kashmir to spread the message and to receive notifications from Pakistan.

The action was taken based on intelligence inputs shared with the Central government in a secret communication recently.

The BBC's chairman on Apr 28  announced his resignation after his involvement in a loan for then-UK prime minister Boris Johnson raised questions about the broadcaster's vaunted impartiality.

Britain's Conservative government has long been accused of seeking to muzzle the publicly funded BBC, and the appointment of Richard Sharp -- a wealthy past donor to the party -- was denounced by opposition parties at the time.

The appointment of the BBC chair lies in the gift of the government. It only emerged later that Sharp had acted as a go-between to facilitate the £800,000 ($1 million) loan for Johnson.

Around 40 soldiers and 100 civilians have been killed in a jihadist "war" in northern Togo, President Faure Gnassingbe has said, in a ground-breaking interview.

The small West African nation, along with neighbouring Benin, Ghana and Ivory Coast, is increasingly facing threats of a jihadist spillover from Burkina Faso and Mali.

The president's family has ruled Togo since 1967.

The interview -- his first since taking over from his father in 2005 -- marked mark the 63rd anniversary of the country's independence from France.

The president said a three-tiered strategy had been put in place to confront the threat, including launching a military operation known as Koundjoare in September 2018.

The 56-year-old, reelected three times in polls contested by the opposition, addressed concerns over the government and military's choice to stay mum over the more frequent attacks when questioned by the media including AFP.

Regulators seized troubled First Republic Bank early  on May 1  and sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off further banking turmoil in the U.S.

San Francisco-based First Republic is the third midsize bank to fail in two months. It is the second-biggest bank failure in U.S. history, behind only Washington Mutual, which collapsed at the height of the 2008 financial crisis and was also taken over by JPMorgan.

First Republic has struggled since the March collapses of Silicon Valley Bank and Signature Bank and investors and depositors had grown increasingly worried it might not survive because of its high amount of uninsured deposits and exposure to low interest rate loans.

The Federal Deposit Insurance Corporation said that First Republic Bank’s 84 branches in eight states will reopen as branches of JPMorgan Chase Bank and depositors will have full access to all of their deposits.

Regulators worked through the weekend to find a way forward before U.S. stock markets opened. Markets in many parts of the world were closed for May 1 holidays . The two markets in Asia that were open, in Tokyo and Sydney, rose.

As of April 13, First Republic had approximately $229 billion in total assets and $104 billion in total deposits.

At the end of last year, the Federal Reserve ranked it 14th in size among U.S. commercial banks. The FDIC estimated its deposit insurance fund would take a $13 billion hit from taking First Republic into receivership. Its rescue of Silicon Valley Bank cost the fund a record $20 billion.

Before Silicon Valley Bank failed, First Republic had a banking franchise that was the envy of most of the industry. Its clients — mostly the rich and powerful — rarely defaulted on their loans. The bank has made much of its money making low-cost loans to the wealthy, which reportedly included Meta Platforms CEO Mark Zuckerberg.

Flush with deposits from the well-heeled, First Republic saw total assets more than double from $102 billion at the end of 2019’s first quarter, when its full-time workforce was 4,600.

But the vast majority of its deposits, like those in Silicon Valley and Signature Bank, were uninsured — that is, above the $250,000 limit set by the FDIC. And that worried analysts and investors. If First Republic were to fail, its depositors might not get all their money back.

Those fears were crystalized in the bank’s recent quarterly results. The bank said depositors pulled more than $100 billion out of the bank during April’s crisis. San Francisco-based First Republic said that it was only able to stanch the bleeding after a group of large banks stepped in to save it with $30 billion in uninsured deposits.

Since the crisis, First Republic has been looking for a way to quickly turn itself around. The bank planned to sell off unprofitable assets, including the low interest mortgages that it provided to wealthy clients. It also announced plans to lay off up to a quarter of its workforce, which totaled about 7,200 employees in late 2022.