Current Affairs Quiz - May, 2020

Notes:
The state government of Himachal Pradesh announced that it will launch an initiative called ‘Nigah’, that aims to impart awareness among the family members of people coming to the state from other parts of the country.
The health care workers, ASHA and Anganwadi workers would be deployed in this scheme, to create awareness in maintain social distancing and hygiene during the home quarantine period. The houses of the persons returned would be labelled and members of Panchayati Raj Institutions and Urban Local Bodies are asked to ensure proper implementation of the scheme.

Notes:
The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002, allow banks and financial institutions to auction properties, when borrowers fail to repay their loans.
Recently as per the judgement of the Supreme Court, the cooperative banks that are involved in the banking activities are considered as a ‘banking company’. Hence the SARFAESI act may be modified to include the procedure of loan recovery by cooperative banks.

Notes:
According to the ‘Digital in India’ report recently released by the Internet & Mobile Association of India (IAMAI), there were more Internet users in rural areas when compared to those in urban areas for the first time.
As of last November, out of the total 504 million active internet users, there were 227 million active internet users in rural areas while there were 205 million in urban areas. But the time spent on internet is higher among the urban people. The report also highlighted that there was an increase of 21% in female internet users, higher than that of male users (9%).

Notes:
Monaco-headquartered International Association of Athletics Federations leads the celebration of World Athletics Day in the month of May. The first World Athletics Day was celebrated in 1996.
Every year, the date is decided by IAAF and this year it was celebrated on May 7. IAAF was founded at Stockholm, Sweden in the year 1912. The Athletics Day is celebrated to educate the people about the significance of sports and to encourage athletics as the foundational sport in educational institutions.

Notes:
Beijing headquartered Multilateral development bank, Asian Infrastructure Investment Bank recently approved a $500 million loan to support India’s Covid-19 operations. The loan is co-financed by the World Bank.
AIIB also highlighted that building a resilient health system to effectively treat COVID-19 patients and preventing its spread is the immediate priority. Last month the bank doubled its initial COVID-19 Crisis Recovery Facility to $10 billion from $5 billion.

Notes:
Union Defence Minister Rajnath Singh recently inaugurated the strategically important Ghatiabagar-Lipulekh motor road.
The road connects the last Indian post on the Indo-China border in Uttarakhand’s Vyas valley. The construction of the road commenced in 2008 and was scheduled to be completed in 2013, but it was delayed due to the tough terrain. The Kailash-Mansarovar Yatra from Lipulekh pass is more convenient for pilgrims, after the road has been commissioned.

Notes:
India International Exchange Limited (India INX) is India’s first international stock exchange located in Gujarat International Finance Tec-City (GIFT) city and is a subsidiary of Bombay Stock Exchange (BSE).
Recently the Union Finance Minister launched INR-USD futures and options contracts on the two international exchanges — BSE’s India INX and NSE’s NSE-IFSC, at GIFT city, Gandhinagar. This decision of allowing rupee derivatives will bring the rupee trading to our country, which are presently dominated by exchanges in Dubai and Singapore.

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:
The Bruhat Bengaluru Mahanagara Palike (BBMP), the city corporation of Bengaluru has launched ‘Pranavayu programme’ to create awareness about self-examination of respiratory health for the city-dwellers.
The programme aims at educating people with low oxygen level in their blood to check themselves at an early stage. Under the programme, several advertisements are published in media about self-examination.

Notes:
China recently won the inaugural $180,000 FIDE Chess.com Online Nations Cup, whereas India settled in the fifth place.
On the basis of highest points in the round-robin stage, China was declared the winner as it drew 2-2 against USA, which bagged the second position. China won $48,000, USA $36,000 and others received $24,000 each. Representing India, Humpy won Olga Girya and P. Harikrishna drew with Sergey Karjakin.