Current Affairs Quiz - May 2022

Notes:
Union Minister of Finance & Corporate Affairs and India’s Governor for the New Development Bank (NDB),  Nirmala Sitharaman chaired the 7th Annual Meeting of Board of Governors of NDB through video-conference in New Delhi.
The meeting was also attended by Governors of Brazil, China, Russia, South Africa, and the newly joined members Bangladesh and United Arab Emirates (UAE). This year’s theme for the Annual Meeting was “NDB: Optimising Development Impact”

Notes:
The fourth edition of the Indian Navy-Bangladesh Navy Coordinated Patrol (CORPAT) commenced in the Northern Bay of Bengal recently.
Indian Navy and Bangladesh Navy will undertake joint patrolling along the International Maritime Boundary Line (IMBL). Two indigenously built ships INS Kora and INS Sumedha are participating in the exercise along with Bangladesh Navy Ships. Maritime Patrol Aircraft of both navies would also participate in the Patrol.

Notes:
US President Joe Biden officially launched the Indo-Pacific Economic Framework for Prosperity (IPEF) in Japan, aimed at countering growing Chinese influence in Asia. Prime Minister Narendra Modi participated in the launch event.
IPEF will initially include South Korea, Australia, Brunei, India, Indonesia, Japan, Malaysia, New Zealand, the Philippines, Singapore, Thailand, and Vietnam. In total, the countries account for about 40 percent of global economic output.

Notes:
Greenko Group has commenced the construction of its 5,230 MW integrated renewable energy storage project in the Kurnool district of Andhra Pradesh.
It is said to be the world’s largest integrated renewable energy storage project. The project is also set to help avoid 15 million tonnes of CO2 emissions. Greenko is backed by the Government Investment Corporation (GIC) of Singapore and Abu Dhabi Investment Authority (ADIA) of Abu Dhabi along with Orix Corporation, Japan.

Notes:
The Aam Aadmi Party (AAP) Government of Delhi inducted two robots into Delhi’s firefighting fleet, as a first-of-its kind initiative.
The robots will be able to extinguish fires in narrow streets, warehouses, basements, stairs, and forests and enter places like oil and chemical tankers and factories. Recently a fire incident in a factory in Mundka town killed 27 people.

Notes:
UNICEF recently released a report titled “Child Alert”. It highlighted that 600,000 more children may miss out on essential treatment. An increasing number of children may die from severe wasting as the price of food and life-saving treatment rises.
The effects of Russia’s invasion of Ukraine, and the impact of the coronavirus pandemic and ongoing damage due to climate change, are causing a spiraling global food crisis.

Notes:
India has imposed restrictions on sugar exports, after curbing wheat exports. The new restrictions will come into effect from June 1.
The move is primarily aimed at increasing availability of the commodity in the domestic market and curbing price rise. After an unprecedented rise in inflation fuelled by geopolitical tensions, India has been taking several measures to facilitate lowering of prices of commodities in the domestic markets.

Notes:
The state-of-the-art Supercomputer, PARAM PORUL has been recently inaugurated at NIT Tiruchirappalli.
It is a joint initiative of the Ministry of Electronics and Information Technology (MeitY) and the Department of Science and Technology (DST).  The PARAM PORUL supercomputing facility is set up under Phase 2 of the National Supercomputing Mission (NSM). It is based on Direct Contact Liquid Cooling technology to obtain a high power usage effectiveness and reduced operational cost.

Notes:
The project ‘Intelligent Solutions for Road Safety through Technology and Engineering’ (iRASTE) has been launched at Nagpur.
It will identify potential accident-causing scenarios while driving a vehicle and alert drivers with the help of the Advance Driver Assistance System (ADAS). The project is undertaken by the I-Hub Foundation, IIIT Hyderabad, a Technology Innovation Hub (TIH). LaneRoadNet (LRNet), a framework with lane and road parameters has been designed to address problems of Indian roads, using deep learning.

Notes:
Kolkata recently became the first major metropolitan city in India to prepare a detailed register of biodiversity.
The People’s Biodiversity Register (PBR) includes 399 plant and 283 animal species. The Forest Survey of India’s recent report flagged the West Bengal Capital for the least green cover among all metro cities. Chandigarh and Indore have also prepared a similar document.