Current Affairs Quiz - May, 2023

Notes:
The third edition of the SCO startup forum was held recently. It was organized in New Delhi by the Department of Promotion for Industry and Internal Trade.
It is aimed at expanding the startup interactions amongst the SCO Member States, nurturing innovation, generating employment and encouraging young talent to build innovative solutions.

Notes:
The Internal Displacement Monitoring Centre (IDMC) released the Global Report on Internal Displacement 2023 (GRID-2023).
As per the report, disasters have increased the number of displaced people by 40 percent in 2022. As many as 32.6 million people were displaced because of disasters.

Notes:
‘Soaring Eagle’ exercise is a regular large-scale exercise conducted by the South Korea Air Force. It commenced recently at an air base in Cheongju, 112 kilometre south of Seoul.
The exercise mobilises more than 160 personnel and nearly 60 warplanes, including F-35A stealth fighters, and other tanker transport aircraft.

Notes:
The University Grants Commission (UGC) launched two user-friendly portals, UTSAH (Undertaking Transformative Strategies and Actions in Higher Education) and PoP (Professors of Practice).
Through the UTSAH portal, universities can access detailed information about UGC’s initiatives. PoP portal aims to bridge the gap between academia and the industry by facilitating the recruitment of experienced professionals.

Notes:
World Tourism Organization is a specialized agency of the United Nations. According to the second UNWTO World Tourism Barometer of the year, international tourism is rebounding to pre-pandemic levels.
Around 235 million tourists travelled internationally in the first three months of 2023. Overall, international arrivals reached 80% of pre-pandemic levels in the first quarter of 2023.

Notes:
Archopterus anjiensis is the oldest fossil sea scorpion in China. Its 445-million-year-old fossil was found in the Chinese Zhejiang Province.
The 445-million-year-old fossil sea scorpion lived during the uppermost Ordovician period, around 445 million years ago.

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 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:
The ‘South Asian Youth Table Tennis Championship 2023’ recently concluded in Itanagar.It was a three-day international event in which more than 100 athletes from six countries Bhutan, Bangladesh, India, Maldives, Sri Lanka and Nepal participated.
In the Under-19 Boys singles, Ankur Bhattacharjee defeated Payas Jain to claim the gold, while in Under-19 girls’ singles, Suhana Saini defeated Yashaswini Ghorpade claimed the gold.

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.