Current Affairs Quiz - May, 2023

Notes:
The Union Finance Ministry has implemented an amnesty scheme for traders who have defaulted on their export obligations under the Advance and EPCG (export promotion for capital goods) authorization scheme.
According to the amnesty scheme, EXIM traders who have not fulfilled their export obligations can rectify the situation by paying customs duty and interest, up to a maximum limit of 100%.

Notes:
Stanford researchers have recently developed e-skin that can help amputees experience touch.
This soft, flexible electronic skin can mimic the process that cause a toe or a finger to move away when poked or when exposed to a hot surface.

Notes:
Monpa Handmade Paper-making art is a 1,000-year-old traditional art that originated from Tawang, Arunachal Pradesh.
For the last 100 years, this handmade paper industry had almost disappeared. Khadi and Village Industries Commission(KVIC) is playing a crucial role in reviving this art.

Notes:
The ONDC Academy will be launched by the Open Network for Digital Commerce to raise awareness about various processes and to train network partners.
Its purpose is to develop a robust ecosystem of certified buyers, sellers and logistics network partners across the country.

Notes:
Maharana Pratap Lok will be built by the Madhya Pradesh government. The ‘Veer Shiromani Maharana Pratap Lok’ will be constructed in Bhopal.
It will be set up in memory of the Rajput King of Mewar Maharana Pratap. The Chief Minister also declared Maharana Pratap’s birth anniversary as holiday in the state.

Notes:
The Union Public Service Commission is a government body responsible for the appointment of services of the Union, framing amendment of recruitment rules for various posts and services under the government, conduct disciplinary cases related to civil services and more.
Its funding is sourced from the Consolidated Fund of India.

Notes:
Typhoon Mawar recently crossed the United States territory of Guam. It has caused heavy rain and high-speed winds.
It was the strongest typhoon to hit the US Pacific territory in over two decades. Philippines warns of possible flooding, landslides  due to the storm, locally named Betty.

Notes:
India and Australia sign migration pact that will facilitate the movement of students, academics, and professionals.
The agreement was announced during Prime Minister Narendra Modi’s visit to Australia. India also plans to set up a new consulate in Brisbane, in addition to the existing consulates in Perth, Melbourne, and Sydney.

Notes:
South Korea recently launched its home-grown space rocket, Nuri. It successfully delivered a commercial-grade satellite into orbit.
The three-stage, 155-foot-tall rocket successfully deployed all of its payloads into their designated orbits, as per the Korea Aerospace Research Institute (KARI), South Korea’s space agency.

Notes:
Axis Bank launched ‘Sarathi,’ a first-of-its-kind digital onboarding journey for merchants to adopt Electronic Data Capture (EDC) or Point of Sale (PoS).
Sarathi offers merchants a streamlined and hassle-free experience. Sarathi’s features include immediate status updates, eliminating the need for follow-up visits, and the ability to transact on the same day their application is processed.