Current Affairs Quiz - May, 2023

Notes:
Samudra Shakti-23 is a bilateral exercise between India and Indonesia. It is being held from May 14 to 19 this year.
INS Kavaratti, indigenously designed and built ASW Corvette is participating in the 4th edition of Bilateral exercise. Exercise Samudra Shakti is aimed at enhancing interoperability, jointness and mutual cooperation between both navies.

Notes:
The fourth Positive Indigenisation List (PIL) for Defence Public Sector Undertakings (DPSU) was released recently by the Union Defence Ministry.
The list covered 928 strategically-important Line Replacement Units (LRUs), sub-systems, spares and components.

Notes:
Gauri, a documentary based on journalist and activist Gauri Lankesh, has recently won the “Best Long Documentary Award” at the South Asian Film Festival of Montreal 2023.
The film festival is organized to promote, foster and enhance cultural harmony between diverse communities of South Asia.

Notes:
The Union MNRE Ministry has revised the Approved List of Models and Manufacturers (ALMM) regulations to increase participation of private entities in the renewable energy manufacturing supply chain.
It will minimize compliance cost for solar PV manufacturers and ease the processing of application filing.

Notes:
Auschwitz museum has initiated a project to preserve shoes of 8,000 children who were killed by Nazis. Its aim is to showcase the reality within the concentration camp during the Second World War.
The exercise is expected to be a two-year effort which seeks to showcase the reality of the camp, where Adolf Hitler and his Nazi troops killed millions, including children from 1940 to 1945.

Notes:
The Insurance Regulatory and Development Authority (IRDAI) has relaxed norms for surety bonds to expand the surety insurance market.
Surety bond is a type of insurance policy that protects the party involved in a transaction or contract from potential financial loss caused by the breach of contract or other types of non-performance.

Notes:
Linda Yaccarino was recently named the CEO of Twitter. She is a well-known advertising executive from NBCUniversal.
Elon Musk will transition to the role of Executive Chair and Chief Technology Officer. Linda Yaccarino was the former head of advertising at NBCUniversal.

Notes:
Death cap mushroom is a poisonous fungus found across Europe. It grows up to 15 centimetres high, with tan or yellow-green tops. They are responsible for 90% of those fatalities from eating poisonous mushrooms each year.
Scientists at China’s Sun Yat-sen University have discovered a dye called indocyanine green, which is capable of being an antidote to this mushroom. It is a dye routinely used for medical imaging.

Notes:
The recent collapse of the Go First Airline could have a major impact on entire airlines ecosystem. This cash-strapped airline has announced that it has cancelled all flights until May 26.
It marks the first major airline collapse in India since Jet Airways filed for bankruptcy in 2019. Go First’s total debt to financial creditors was 65.21 billion rupees.

Notes:
A dotted land is a disputed land that does not have a clear ownership documents. The Andhra Pradesh government has recently commenced the removal of dotted lands in the state from prohibited list.
Over 2 lakh acres of the British-era dotted lands have been identified for permanent denotification.