Current Affairs Quiz - May, 2024

Notes:
China demands removal of the Sierra Madre ship, rejected by the Philippines. Commissioned in 1944 for WWII, it served in Vietnam before being transferred to the Philippines in 1976. It was positioned deliberately in 1999 at Second Thomas Shoal, part of the disputed Spratly Islands, to reinforce territorial claims. China’s ships and water cannons threaten supply boats in the area. Removal risks weakening Philippines’ claims and bolstering Chinese presence.

Notes:
The Bengaluru-based Indian Institute of Astrophysics (IIA) recorded the moon passing in front of Antares, a massive red supergiant star in Scorpius constellation. Antares, 10,000 times brighter than the Sun, is 700 times its diameter and lies 600 light-years away. Despite its size, Antares has low density and temperature, around 6,100°F (3,400°C), giving it a ruddy color. Red supergiants are large, cool stars approaching the end of their lives, highly luminous but with low surface temperature.

Notes:
World Press Freedom Day, observed annually on May 3, 2024, focuses on “A Press for the Planet: Journalism in the Face of the Environmental Crisis.” Emphasizing journalism’s role in addressing global environmental issues, it highlights the importance of a free press in informing the public and holding decision-makers accountable. Proclaimed by the UN General Assembly in 1993, it commemorates the Declaration of Windhoek, promoting press freedom globally.

Notes:
India and Nigeria agreed to expedite the Local Currency Settlement System Agreement, aiming to enhance bilateral trade. Trade settlements will occur in Indian rupees and Nigerian naira. The decision was reached during the 2nd India-Nigeria Joint Trade Committee session in Abuja. Led by Amardeep Singh Bhatia, the Indian delegation included representatives from the RBI, EXIM Bank, and NPCI. The meeting, held from April 29 to 30, 2024, outlined areas for trade enhancement.

Notes:
The Bhadra Tiger Reserve, located in Karnataka’s Western Ghats, has seen a surge in safari visitors. Tourists must tread carefully in this eco-sensitive zone. The reserve, declared India’s 25th Project Tiger site in 1998, houses a significant tiger population alongside elephants and diverse fauna. Drained by the Bhadra River, it boasts dry-deciduous to semi-evergreen vegetation, including teak and medicinal plants. Other Karnataka tiger reserves include Bandipur, Nagarhole, Dandeli-Anshi, and Biligiriranga.

Notes:
Retired Justice Sanjaya Kumar Mishra appointed as President of GSTAT, the Second Appellate Authority under the Central GST Act, 2017. GSTAT hears appeals against orders from the Appellate Authority under CGST Act, 2017 and State GST Acts, ensuring dispute resolution uniformity. GSTAT comprises a Principal Bench in New Delhi, led by the President and two Technical Members (one from Centre, one from State), along with several State Benches.

Notes:
Recent research on Paliyar Tribals in Kodaikanal and Theni areas urges immediate government action for their upliftment. Derived from “Palaniyan” in Tamil, they’re also known as Paliyans, Pazhaiyarares, and Panaiyars. Distributed in Tamil Nadu districts, they speak Tamil and traditionally hunted and gathered. They worship Vanadevadai and Karuppan. They bury their dead on the western side of their residential area, avoiding cremation.

Notes:
Groww Mutual Fund recently introduced India’s inaugural Nifty Non-Cyclical Consumer Index Fund. This mutual fund aims for long-term capital growth by investing in securities from the Nifty Non-Cyclical Consumer Index (TRI), comprising 30 companies less affected by economic instability. Non-cyclical stocks, also termed defensive stocks, sustain demand irrespective of economic fluctuations, catering to daily consumer necessities like food and utilities, making them resilient investment choices.

Notes:
The Maharashtra forest department plans to move tigers from Tadoba-Andhari Tiger Reserve to Sahyadri Tiger Reserve, located in the Western Ghats. Formed in 2010, it includes Chandoli National Park and Koyna Wildlife Sanctuary. The reserve boasts unique undulating terrain with steep escarpments and barren rocky plateaus known as “Sadas.” It hosts abundant climax and near-climax vegetation, with minimal human impact anticipated.

Notes:
Rising temperatures in India could slash milk production by 25% by 2085, warns a Lancet report. India, the top global milk producer and consumer, faces severe livelihood and nutrition risks. The northern plains contribute 30% of India’s milk, supported by 89 million smallholder farmers. Heat stress, measured by the Temperature Humidity Index (THI), reduces milk yield. Unabated, this could cost 3.4 lakh tons of milk and 15,000 crores by 2030 in the northern plains alone.