Current Affairs Quiz - May, 2020

Notes:
The richest online chess tournament in history held so far was recently organised by the World Chess champion Magnus Carlsen after live tournaments could not be held amidst the Covid-19 crisis.
Named the Magnus Carlsen Invitational, the 16-day contest comprised of a total prize fund of $250,000. Magnus Carlsen won the final match and bagged the winner prize of $70,000 after defeating his American counterpart Hikaru Nakamura 2.5:1.5. Live feeds were offered during the matches with live commentary from chess grandmasters.

Notes:
Amidst the Covid-19 outbreak, ICAR-Central Institute of Fisheries Technology (ICAR-CIFT), Kochi prepared advisories for the benefit of the fishing fraternity in 10 different regional languages. ICAR-Central Inland Fisheries Research Institute (ICAR-CIFRI), Barrackpore prepared advisories for the stakeholders involved in freshwater fishing.
The Food and Agricultural Organization (FAO), Rome has recommended these advisories by including them as ‘Voluntary Guidelines for Securing Sustainable Small-Scale Fisheries’ under the Asia-Regional initiatives.

Notes:
The Chief Minister of Uttar Pradesh Yogi Adityanath has recently launched the ‘Pravasi Rahat Mitra’ application, which aims at incoming aiding migrant citizens.
The application has been developed by the state revenue department in collaboration with United Nation Development Program. The application collects data of the migrant workers, which will be used in formulating programs for employment and livelihood of these citizens. The application will also monitor their health status.

Notes:
World Health Organization (WHO) and the UN’s postal agency have released a commemorative postage stamp on the 40th anniversary of the eradication of smallpox.
The 33rd World Health Assembly issued its official declaration that the world has successfully eradicate small pox, in May 1980. The smallpox eradication campaign of WHO was launched in 1967, to fast-track the global effort in eradicating the disease. The stamp commemorates the roles of world leaders, organisations, rural doctors and community health workers.

Notes:
A team of astronomers using the Chile-based La Silla Observatory of the European Southern Observatory (ESO) has recently discovered the nearest black hole from Earth.
This triple-structure black hole named as HR 6819, is located just 1000 light-years from Earth. Unlike the other black holes that have been detected till date, HR 6819 does not actively interfere with their surroundings. The team was able to distinguish its existence and measure its mass.

Notes:
The Index of Industrial Production (IIP) is an index published by the Central Statistical Organisation (CSO), MoSPI every month. It shows the growth rate of industry groups in the economy such as manufacturing and electricity.
Recently, the IIP of March recorded a sharp decline of 16.7 per cent to 120.1 in the month of March. The data also showed that the industrial growth during the fiscal year 2019-20 slipped 0.7 per cent, against the 3.8 per cent rise in 2018-19.

Notes:
A 1991 batch Karnataka cadre officer Ms. Vidyavathi has been recently appointed as the new Director General of the Archaeological Survey of India (ASI).
According to the order of the Appointments Committee of the Cabinet, the bureaucrat will be serving in the rank of Additional Secretary to the Government of India. Usha Sharma was the previous DG of ASI, that is headquartered at New Delhi.

Notes:
The Union Minister announced ₹90,000 crore one-time liquidity injection for fund-starved DISCOMs. This will be used to pay the central public sector power generation companies, transmission companies, independent power producers and renewable energy generators.
PSUs Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) will infuse the liquidity by raising an amount of about ₹90,000 crore from the market against the receivables of DISCOMs. The state governments are expected to provide a guarantee for the fund.

Notes:
The state of Kerala has commenced training for primary schoolteachers via its KITE Victers channel. Minister of General Education and Chief of Disaster Risk Reduction of UN Environment Programme (UNEP) addressed the inaugural classes.
More than 81,000 primary and upper primary teachers are expected to participate in this training exercise. Prior to this, the teachers were given training to use online and virtual facilities. Under this program, classes on social consciousness and social science will be held. Besides the channel, the programmes will be available on their website and KITE VICTERS mobile app.

Notes:
As a part of the economic stimulus package, the Government has revised the definition of Micro, Small and Medium Enterprises (MSMEs). The revised guidelines introduced a new criterion called ‘Annual turnover’.
For micro enterprises, the classification covers up to Rs 1 crore in investment and Rs 5 crore in turnover. Earlier, it was investment of 25 lakh in manufacturing and 10 lakh in services. 10 Crore investment and 50 Crore turnover is the criteria for Small enterprises and 20 Crore investment and 100 Crore turnover is the criteria for Medium enterprises.