Current Affairs Quiz - May, 2024

Notes:
The National Bank for Agriculture and Rural Development (NABARD) recently sanctioned a study on the impact evaluation of Geographical Indication (GI) products to Symbiosis School of Economics. A GI is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin. The protection of intellectual property through laws will help to reap benefits in terms of economic growth, employment and income generation.

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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.

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The Ministry of Mines and Shakti Sustainable Energy Foundation signed an MoU to enhance knowledge support for critical minerals crucial to India’s economic growth, national security, and low-carbon energy transition. The agreement was inked during the ‘Critical Minerals Summit’ at the India Habitat Centre, New Delhi, emphasizing the importance of beneficiation and processing capabilities.

Notes:
India will host the BWF World Junior Championships 2025 at the National Centre of Excellence in Guwahati, as announced by the Badminton World Federation (BWF). It marks India’s first hosting since 2008, when Pune held the event. The specific dates for the 2025 edition will be disclosed later.

Notes:
A new study highlights Red colobus as key to tropical forest conservation. Imperiled across Africa, they’re vital biodiversity indicators and one of two major simian groups globally. Facing extinction due to hunting and habitat loss, over half are Endangered or Critically Endangered. The Red Colobus Conservation Action Plan, led by IUCN, aims to prioritize their conservation, safeguarding Africa’s forests and curbing unsustainable hunting.

Notes:
World Tuna Day, celebrated annually on May 2nd, highlights the decline in global tuna stocks and the necessity of enforcing international regulations for their preservation. Tuna, vital for both developed and developing nations, faces threats from overfishing. The day emphasizes sustainable fishing practices, reducing bycatch, and promoting international cooperation to ensure future tuna supplies. It serves as a crucial reminder of the urgent need to address the challenges confronting the tuna industry globally.

Notes:
Uttarakhand government suspends Patanjali Ayurved’s manufacturing licenses for 14 products over misleading ads. The company faces scrutiny for non-compliance with advertising regulations. The move, issued on April 24 by the state’s drug regulator, cites Patanjali’s persistent dissemination of deceptive efficacy claims. This action reflects the government’s commitment to enforce truthful advertising standards and holds implications for Ramdev’s legal battles.

Notes:
Air Marshal Nagesh Kapoor took charge as Air Officer Commanding-in-Chief (AOC-in-C) Training Command on May 1, 2024. Commissioned in 1986, he’s a veteran with over 3400 flying hours and notable stints as Commanding Officer and Station Commander. His roles include Chief Instructor at Air Force Academy, Defence Attaché in Pakistan, and staff positions in strategy and air defense. Prior to TC, he was Air Officer-in-Charge Personnel at Air HQ.

Notes:
Hindu devotees gather in Hinglaj, Lasbela district, Pakistan, for an annual festival at the ancient cave temple of Hinglaj Mata. The pilgrimage begins with a trek to steep mud volcanoes, where pilgrims climb stairs and rocks to reach the summit. Tossing coconuts and rose petals into the crater, they seek divine permission to visit the temple. Dedicated to Goddess Hinglaj, it’s one of the oldest temples in the Indian subcontinent. Located near the Hingol River, in Balochistan, Pakistan, the temple complex features shrines, caves, and sacred natural formations.

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.