Current Affairs Quiz - May 2022

Notes:
According to a notification issued by the Ministry of Finance, the government will soon issue a commemorative coin of Rs 100 denomination to mark the birth centenary of Jawaharlal Darda.
Born in 1923, he was a former Congress leader and founder of the Lokmat group of newspapers. The successful businessman and also served as a Minister in Maharashtra for several terms. He passed away in 1997.

Notes:
Indian Oil Corporation (IOC) launched M15 petrol on a pilot basis in Assam’s Tinsukia district. It has a 15 per cent blend of methanol with petrol.
Methanol is being manufactured by Assam Petrochemical Ltd near the Digboi refinery. The government had earlier extended the timeline for the disbursement of loans and completion of projects related to ethanol. The Government also provides financial assistance in the form of interest subvention.

Notes:
The ‘Pradhan Mantri Ujjwala Yojana (PMUY)’ scheme was launched by Prime Minister Narendra Modi on 1st May 2016 at Ballia, Uttar Pradesh.
It was a major step towards social inclusion by providing Free LPG connection to every BPL household. To celebrate the achievements of Pradhan Mantri Ujjwala Yojana, Ministry of Petroleum and Natural Gas (MoPNG) decided to celebrate 1st May 2022 as Ujjwala Diwas. Oil marketing companies will organise more than 5000 LPG panchayats on the occasion of Ujjwala diwas.

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:
Sai Divya, research scholar in Satellite Communications from Andhra Pradesh has developed CubeSat LakshyaSAT, a research nano-satellite.
After she sent the prototype of the Cubesat to the UK, B2Space Company launched the satellite. The CubeSat model, placed inside a space box platform, was sent to the stratosphere to collect various parameters of the stratosphere using a high altitude balloon.

Notes:
The Reserve Bank hiked the repo rate by 40 basis points (bps) to 4.40 per cent, after an unscheduled meeting of the Monetary Policy Committee (MPC) in May 2022. Next meeting of the MPC is scheduled during June 6-8.
All six members unanimously voted for a rate hike while maintaining the accommodative stance. The decision aimed to contain inflation, which remained above 6 per cent for the last three months. Cash reserve ratio was hiked by 50 bps to 4.5% effective May 21.

Notes:
Even though Mercury is closer to the Sun, Venus is the hottest planet in our solar system. The planet’s atmosphere is full of carbon dioxide, and it has clouds of sulfuric acid.
The Indian Space Research Organisation has planned to send a spacecraft to orbit Venus by December 2024 to study what lies below its surface. In 2025, the Earth and Venus would be aligned in a way that it requires minimum amount of propellant for spacecraft to enter Venus’s orbit.

Notes:
Bharat Gaurav Trains were introduced by Indian Railways in November 2021 as theme-based tourist circuit trains. These trains operate on various routes across India with specially designed itineraries. The service is offered through private and IRCTC partners. Packages include meals, hotels, and local sightseeing. Bharat Gaurav Trains use both AC and sleeper coaches. Bookings and operations continue into 2024 on designated tourist circuits.

Notes:
World Health Organization (WHO) marks May 5 every year as ‘World Hand Hygiene Day’, to encourage people to clean hands at the right times with the right products.
This year, the Campaign theme is “A health care “quality and safety climate or culture” that values hand hygiene and infection prevention and control” and the Slogan is “Unite for safety: clean your hands”.

Notes:
The Delhi Cabinet had passed an ambitious Delhi Startup Policy which aims to turn the capital into an international startup hub.
The vision is to enable Delhi to emerge as a “Global Innovation Hub and the most preferred destination for Startups by 2030”. The government intends to encourage, facilitate and support 15,000 startups by 2030. A Startup Policy Monitoring Committee will be formed to oversee the Policy. It will be headed by the Finance Minister of the Delhi Government.