Current Affairs Quiz - May, 2023

Notes:
Innovations for Defence Excellence (iDEX) is the flagship initiative of the Union Defence Ministry. It recently reached a millstone with the signing of the 250th contract.
The contract is the first one under the Mission DefSpace, and the 100th SPRINT (Navy) contract. Mission DefSpace was launched with 75 Defence Space Challenges to be addressed by the private sector.

Notes:
Tungnath temple is the country’s highest Shiva temple located in Rudraprayag, Uttarakhand.
An Archaeological Survey of India (ASI) study has found that Tungnath temple in Garhwal Himalayas is tilting 5 to 6 degrees and smaller structures in the complex by 10 degrees.

Notes:
Securities Exchange Board of India (SEBI) has proposed the granting of special board nomination rights for unitholders of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs).
This is expected to strength corporate governance norms. Under the current regulations, no unitholder of these trusts can enjoy superior voting rights.

Notes:
The Ministry of Heavy Industry is planning to increase the outlay for the FAME-II (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India) scheme this financial year.
The Ministry recently held a stakeholder consultation with e2-W manufacturers to deliberate the proposed changes to the scheme.

Notes:
As part of the Operation Dhvast, a massive day-long operation was conducted by the National Investigation Agency.
This operation was conducted in 8 states in terrorist-gangster-drug smugglers nexus cases, along with Haryana Police and Punjab Police.

Notes:
The state government of Uttar Pradesh is planning to launch a 5G technology training programme under the Skill Development Mission.
It seeks to create skilled workforce for operating the new and future employable technologies.

Notes:
Ministry of Civil Aviation (MoCA), Airport Authority of India (AAI) and Federation of Indian Chambers of Commerce and Industry (FICCI) is organising Asia’s largest event on Civil Aviation, Wings India 2024.
The event is scheduled to be held in January 2024 at Begumpet Airport, Hyderabad, India. The theme of the event is “Connecting the World: Setting the stage for India @ 2047” (100 Years of India’s Independence).

Notes:
China has approved the Russian port of Vladivostok as a transit hub for transporting goods from its Jilin Province to the eastern regions of the country. This decision aims to reduce transportation costs and support the revitalization of Northeast China’s industrial base.
By using Vladivostok as a cross-border transit port, China aims to facilitate the movement of domestic trade goods and implement its national strategic plan.

Notes:
To help investors make better decisions, the Securities and Exchange Board of India (SEBI) has announced a risk disclosure framework for individual traders in the equity Futures & Options (F&O) segment.
Starting from July 1, all stock brokers will be required to display risk disclosures on their websites and inform their clients accordingly.

Notes:
BL Lacertae (BL Lac) is a blazar situated some 950 million light years away from Earth.
The Indian Astronomical Observatory located in Hanle of Ladakh has collaborated with 10 other global telescopes to observe the brightening of this blazar.