Current Affairs Quiz - May, 2023

Notes:
The European Organization for Nuclear Research (CERN) is currently working on the first phase of its Future Circular Collider (FCC) project.
The Future Circular Collider is expected to be a potential successor of the Large Hadron Collider – the world’s largest and most powerful accelerator that was started in 2008.

Notes:
Piarosoma arunachalensis is a new species of moth found at the Tale Wildlife Sanctuary in Arunachal Pradesh.
This discovery records the first-time spotting of a species belonging to the Piarosoma genus in India and it is the 12^th species across the world.

Notes:
A mode of the Mid-Infrared Instrument’s (MIRI) Medium Resolution Spectroscopy (MRS) faced some glitches recently.
This instrument, which is a part of NASA’s James Webb Space Telescope, observes light in the mid-infrared region of the electromagnetic spectrum.

Notes:
The US legal debt ceiling, also known as the borrowing limit, is the legislative limit on the amount of national debt that the US Treasury can incur.
It was raised recently after the US House passed a legislation to increase it by 1.5 trillion USD in exchange for spending restrictions.

Notes:
The World Health Organization (WHO) launched the Preparedness and Resilience for Emerging Threats (PRET) Initiative.
This initiative will ensure better preparedness against future outbreaks like the COVID-19 pandemic. The initiative was announced at the Global Meeting for Future Respiratory Pathogen Pandemics held in Geneva.

Notes:
The IFRS 17 is an international financial reporting standard that was issued by the International Accounting Standards Board in 2017. It has become effective on January 1, 2023.
It will replace IFRS 4 on accounting for insurance contracts. The earlier application permitted as long as IFRS 9 is also applied.

Notes:
Anji Bridge is India’s first cable-stayed rail bridge. It is expected to be ready by May 2023.
The bridge is a part of a 326-km rail line connecting Udhampur to Baramulla via Srinagar, which is an important connector between Kashmir and rest of India via railways.

Notes:
Dimasa National Liberation Army/Dimasa Peoples’ Supreme Council (DNLA/DPSC) entered into a tripartite Memorandum of Settlement with the Central Government and the Assam state Government.
This insurgent group was founded to create a sovereign Independent Dimasa Nation.

Notes:
Spain has recently banned dwarf bullfighting. It is an event that features dwarves dressed in costumes participating in bullfighting.
Spain’s parliament outlawed ‘comic’ bullfighting events, including those involving people with dwarfism. This decision has been applauded by disability rights organisations.

Notes:
The Transportation Security Administration (TSA) is an agency in the US Homeland Security Department that is responsible for the security of transportation systems within and connecting to the US.
The Indian Government is mulling the creation of a unified airport security similar to the Transportation Security Administration (TSA).