Current Affairs Quiz - May, 2023

Notes:
Nobel laureate Robert E Lucas has recently passed away at the age of 85. He was an American economist at the University of Chicago.
Dr. Lucas, the recipient of the 1995 Nobel Prize in economic sciences, was best known for his role in developing a concept called the theory of rational expectations approach in macroeconomics.

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.

Notes:
South Africa is set to manufacture a cost-effective and generic variant of the long-acting cabotegravir (CAB-LA) drug, used for HIV prevention, marking the first time the country produces this medication.
The move is significant as the majority of medicine production on the African continent is limited to only 38 countries, resulting in less than 40% of medicines being manufactured locally.

Notes:
The Securities and Exchange Board of India (SEBI) has proposed changes to the definition of unpublished price sensitive information (UPSI) in order to establish clear regulations and ensure consistent compliance among listed companies.
The proposal was made in response to the inadequate categorization of announcements as UPSI and the subsequent compliance with legal requirements by listed entities.

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:
The UK government has unveiled a new semiconductor strategy to minimize its dependence on Asian production of computer chips.
Under this strategy, the government will invest around 1.2 billion USD over the next decade into the semiconductor industry.

Notes:
Bakhmut is a small mining town in eastern Ukraine. Russia has declared victory in its yearlong assault on Bakhmut.
The 16-square-mile city, which was home to some 70,000 people before Russia’s invasion of Ukraine in February 2022, is in the eastern industrial region known as the Donbas.

Notes:
City Of Dead is a 7 km-long UNESCO World Heritage Site situated in Egypt. It is a series of vast Islamic-era necropolises and cemeteries in Cairo.
As part of a government initiative, authorities are digging their way through this site for a highway project. Several historians and volunteers have come together to stop the historic site’s demolition.

Notes:
The Sendai Framework for Disaster Risk Reduction (SFDRR) focuses on three dimensions of disaster risk i.e., exposure to hazards, vulnerability and capacity, and characteristics of hazard to minimize risks and increase resilience.
A high-level meeting of the midterm review of the SFDRR was held recently at the UN Headquarters.

Notes:
Scientists have found the first-ever genetic detection of wolf-dog hybridization in India. According to researchers, wolf (Canis lupus)-dog (Canis lupus familiaris) hybridisation can cause a decline in wolf populations.
The researchers pressed the need to upscale conservation efforts through tracking, monitoring, assessing prey base.