Current Affairs Quiz - May, 2024

Notes:
Krishna M Ella, co-founder of Bharat Biotech, now heads the Indian Vaccine Manufacturers Association (IVMA) for 2024-2026. He succeeds Adar C Poonawalla, CEO of Serum Institute of India (SII). Ella aims to enhance collaboration among vaccine manufacturers, researchers, and policymakers to expedite vaccine development and bolster production. IVMA also prioritizes enabling access to affordable vaccines in developing nations. SII, under Poonawalla, pioneered the Covishield vaccine during the Covid-19 pandemic.

Notes:
Humza Yousaf resigned as Scotland’s first minister and leader of the Scottish National Party (SNP) after 13 months in office, amidst political turmoil. His leadership faced criticism following the SNP’s failed coalition with the Scottish Greens, leading to upcoming no-confidence motions.

Notes:
Every year, May 1st marks International Labour Day, celebrated worldwide, including in India, to honor the contributions of the labor movement. Originating from the 1886 Chicago labor strike demanding an eight-hour workday, it gained significance after the Haymarket incident. In 1889, leaders from twenty nations established it as International Labour Day. The 2024 theme focuses on workplace safety and health amidst climate change, emphasizing ongoing challenges faced by workers globally.

Notes:
Daryapur arachnologist unveils Peucetia chhaparajnirvin, a new green lynx spider species. Found in Tal Chhapar Wildlife Sanctuary, Rajasthan, it’s named after the locale. Typically dwelling on Vachellia nilotica leaves, its green hue aids camouflage for ambushing prey. With swift legs, it hunts nocturnally, feasting on small insects. Lynx spiders, known for their active hunting style sans webs, belong to the family Oxyopidae in the order Araneida.

Notes:
NPCI’s overseas arm signed a pact with the Bank of Namibia to develop a UPI-like instant payment system for Namibia, leveraging India’s UPI technology and experiences. The collaboration aims to modernize Namibia’s financial ecosystem, enhancing accessibility, affordability, and connectivity with domestic and international payment networks. It also emphasizes interoperability, signaling a significant step towards improving financial inclusion and digital transactions in Namibia.

Notes:
The OECD’s “Economic Outlook” report, released on May 2, 2024, raised India’s economic growth forecast for 2024-25 to 6.6%, up from 6.2%. It also projects a 6.6% growth rate for 2025-26. The OECD joins other institutions in revising India’s growth prospects. The report attributes India’s accelerated growth to increased public investment and business confidence. It emphasizes the need for the government to address indebtedness through revenue growth, spending efficiency, and fiscal rules.

Notes:
The Supreme Court ordered an end to illegal mining in the Aravalli Range in Rajasthan. Stretching 692 kilometers across Gujarat, Rajasthan, and Haryana, the Aravallis are India’s oldest mountain range, vital for ecology and hydrology. They prevent desertification, regulate climate, and support diverse ecosystems and rivers like Sabarmati and Luni. Abundant in biodiversity, the range hosts dry deciduous forests, scrublands, and numerous species of mammals, birds, reptiles, and insects.

Notes:
Nepal introduced a new Rs 100 currency note featuring disputed Indian territories—Lipulekh, Limpiyadhura, and Kalapani—triggering contention from India. Prime Minister Prachanda chaired a meeting where the decision was made. Rekha Sharma, also the communication minister, announced the update following Nepal Rastra Bank’s proposal. The move follows tensions since Nepal’s 2020 political map included these areas. India had included them in its 2019 map, leading to diplomatic strains, notably over a road construction.

Notes:
A Bengaluru-based company has introduced FWD-200B, India’s premier indigenous bomber UAV. The medium-altitude, long-endurance craft boasts a maximum take-off weight of 498 kg and operates up to 9,000 ft above sea level. It’s equipped with optical surveillance gear and integrated with missile-like weapons for precision air strikes, marking a significant advancement in India’s defense technology.

Notes:
The Border Road Organisation (BRO) marked its 65th raising day on May 7, 2024, with a ceremony in New Delhi, led by Union Defence Secretary Giridhar Aramane. Established in 1960 by the Nehru government, BRO undertakes critical road projects for the Army. Notably, Project Tuskar, now Project Vartak, connects Bhalukpong to Tenga in Arunachal Pradesh, while Project Beacon focuses on Kashmir. Lt Gen Raghu Srinivasan currently heads BRO, operating under the Ministry of Defence with the motto: “In the Silence of Our Great Mountains – Work Speaks.”