Current Affairs Quiz - May, 2023

Notes:
The Indian government has expanded the scope of the Prevention of Money Laundering Act (PMLA), 2002 to include company establishment, property acquisition, and financial transactions carried out by chartered accountants, company secretaries, and cost and works accountants on behalf of their clients.
These professionals will be responsible for examining clients’ sources of funds, ownership, and financial position, as well as recording the purpose of specified transactions. They will be held accountable under the PMLA if they assist in any transactions that violate the law.

Notes:
Food and Agriculture Organization (FAO) has set up Agriculture and Market Information System (AMIS).
It is an inter-agency platform which boosts transparency in the food market and promote policy response for food security. In its latest monitor, the AMIS revealed that India’s corn, soyabean and rice production will be affected due to the El Nino weather event.

Notes:
The Territorial Army, a military unit in India, is an auxiliary organization with part-time volunteers who provide assistance to the Indian Army.
Defence Minister Rajnath Singh recently approved the posting of women officers of the TA with Engineer Regiments along the LOC and as staff officers at TA Group Headquarters/ Directorate General of Territorial Army at New Delhi.

Notes:
Galapagos Island, remotely situated islands in Ecuador, is a UNESCO world nature heritage site. Credit Suisse and the Ecuador government have entered into an agreement to spend millions of dollars for two decades to protect these islands’ ecosystems.

Notes:
Union Urban Affairs and Railways Ministries have signed an MoU with the Japan International Cooperation Agency (JICA) for ‘Station Area Development along Mumbai-Ahmedabad High Speed Rail’ (Project-SMART).
The proposed project seeks to develop surrounding areas of Mumbai – Ahmedabad High Speed Railway (MAHSR) Stations.

Notes:
The ‘Title 42’ order was imposed by the Trump Administration in 2020 to allow US authorities to expel migrants to Mexico without a chance to seek US asylum.
The US administration says the COVID-era Title 42 will be replaced by enforcement of Title 8, which carries the potential for criminal prosecution, deportation and a five-year ban on re-entry.

Notes:
As part of the Ukraine Security Assistance Initiative, the US will provide 1.2 billion USD more in long-term military aid to Ukraine.
It will help Kyiv strengthen its air defences against Russia’s attacks.

Notes:
Recently, the India Post, Confederation of All India Traders (CAIT) and Tripta Technologies entered into an agreement to facilitate the operationalization of the Bharat EMart Portal.
This portal will provide the facility to pick up consignments from the premises of the traders and ensure the door-step delivery for the consignees across India.

Notes:
Harit Sagar Guidelines 2023 was unveiled recently by the Ministry of Ports, Shipping and Waterways. It envisions Ecosystem Dynamics in port development, operation and maintenance.
It lays emphasis on use of Clean / Green energy in Port operation, developing Port capabilities for storage, handling and bunkering Greener Fuels.

Notes:
DEF CON Hacker Convention will be organized to gather hackers from across the world to test the limits of AI technology.
This is an annual convention that is held in Las Vegas, Nevada. It is the first to tackle the large language models that have attracted a surge of public interest and commercial investment.