Current Affairs Quiz - May 2022

Notes:
Maharashtra has announced to set up a ‘Gene bank project’, to conserve native and endangered animals, crops, marine and biological species. It will be implemented by the Maharashtra State Biodiversity Board (MSBB) and Rs 172.39 crore has been allocated for the next five years.
The project will work on seven themes — marine, crop, veterinary, freshwater, grassland biodiversity, protection and management of forest right areas, and regeneration of forests. The project will focus on mitigating the impact on the food chain due to climate change.

Notes:
The Prime Minister Narendra Modi inaugurated Semicon India Conference-2022 in Bengaluru.  The consumption of semiconductors is expected to cross USD 110 billion by 2030 and India has the world’s fastest growing start-up ecosystem.
The Government of India recently launched ‘Production Linked Incentives’ (PLI) schemes that offer incentives of over 26 Billion Dollars in 14 key sectors.

Notes:
The World Bank has approved a USD 47 million project to support the Government of India’s Mission Karmayogi program.
The project will develop competency frameworks for Central Ministries, Departments and Agencies, developing an online training platform to deliver training content and evaluate the effectiveness of training. Mission Karmayogi is a national program to build civil service capacity.

Notes:
Agricultural and Processed Food Products Export Development Authority (APEDA) has launched a variety of millet products for all age groups at affordable prices, at the AAHAR food fair in New Delhi.
As per the Commerce and Industry Ministry, all the millet products launched by APEDA are gluten-free, 100 percent natural and patented. The 36th edition of AAHAR was jointly organized by APEDA and the India Trade Promotion Organization.

Notes:
Union Bank becomes India’s first public sector bank to go live on Account Aggregator (AA) framework. AAs are licensed by the RBI to enable data flow between Financial Information Providers (FIPs) and Financial Information Users (FIUs).
The framework facilitates sharing of financial information on a real-time basis between regulated entities. Private sector banks like HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank are already live as FIPs and FIUs.

Notes:
State of the World’s Forests (SOFO) Report is a flagship publication of Food and Agricultural Organisation (FAO).
As per the 2022 edition of the report, released during the World Forestry Congress, the world has lost 420 million hectares (mha), approximately 10.34 per cent of its total forest area in the last 30 years. It also warned that 15 per cent of 250 emerging infectious diseases have been linked to forests.

Notes:
World Tuna Day on May 2 was established in December 2016 by the United Nations General Assembly, with an aim to preserve endangered species and to highlight the importance of sustainable fishing practices
On May 2- 2017, the first World Tuna Day was observed. As per the UN, around 7 million metric tons of tuna and tuna-like species are harvested every year. This year it is being celebrated under the theme “Our Tuna, Our Heritage”.

Notes:
P-75 India (P-75I) is the second project to build submarines for the Indian Navy, after first phase of P-75, signed in 2005 with France.
The P-75I phase seeks the construction of six conventional submarines with better sensors and weapons and the Air Independent Propulsion System (AIP).  France’s Naval Group recently exited from the project as the French Navy does not use AIP, which was required by the Indian Navy. The announcement came a day before Prime Minister Narendra Modi’s trip to France.

Notes:
India’s first Flow Chemistry Technology Hub (FCT Hub) has been set up at Dr Reddy’s Institute of Life Sciences (DRILS) at Hyderabad.
The Government of Telangana supported the establishment of this Centre of Excellence in partnership with Dr Reddy’s Laboratories and Laurus Labs. The hub has state-of-the-art flow chemistry equipment to provide hands-on training ensure greater incorporation of flow chemistry techniques during R&D.

Notes:
China has recently launched eight satellites on a Long March rocket to Low Earth Orbit including Jilin-1 01C and Jilin-1 Gaofen series satellites.
This also marked the 419th flight mission of the Long March rocket series. Last week, the China National Space Administration (CNSA) launched two satellites on a Long March 2C rocket, aimed to boost the country’s urban security and monitoring environmental changes.