Current Affairs Quiz - May, 2020

Notes:
The National Mission for Clean Ganga (NMCG) under the Ministry of Jal Shakti along with the National Institute of Urban Affairs (NIUA) organized an IDEAthon on ‘The future of River Management’.
The international webinar conducted with about 500 participants from different countries and international organizations, discussed about how the COVID-19 crisis can lead to the River Management strategies for the future.

Notes:
Under the Rebate of State Levies (ROSL) Scheme, exporters can claim refunds from the Centre for all the levies and duties they pay at the State level. It was extended only to exporters of apparel and made-ups.
It was discontinued last year and replaced with the Rebate of State and Central Taxes and Levies scheme (RoSCTL). Recently, ₹464.13 crore has been allocated for issue of duty credit scrips (certificates) by the DGFT to exporters who have pending claims under the ROSL scheme.

Notes:
The State government of Andhra Pradesh has launched a scheme called YSR Matsyakara Bharosa amid the Covid-19 pandemic.
Under the scheme, the government will provide a financial assistance of ₹10,000 to each fisherman family. This would help the fishermen community during the lock-down period and during the marine ban period. The monetary relief of fishermen venturing into the sea has also been raised from ₹4,000 to ₹10,000 per head.

Notes:
The United Nations celebrates May 7 as the International Day of Vesak across the world, to commemorate the day of enlightenment of Lord Buddha.
In India, Ministry of Culture in collaboration with the International Buddhist Confederation (IBC) held a Virtual Prayer Event to celebrate Buddha Poornima. Indian Prime Minister also delivered the keynote address. The virtual celebrations will be streamed live from various historic sites from India, Nepal and Sri Lanka.

Notes:
When a polymer plant in Vishakhapatnam resumed its operations after lock down, there was a leakage of styrene gas, that has killed about 11 people. Thousands of people were evacuated from around the plant and many of them were hospitalised.
The styrene gas is a poisonous, inflammable gas used in plastic engineering industry, which caused nausea and dizziness. As per the experts, the gas could have triggered a series of explosions from the LG Polymers plant, which manufactures polystyrene.

Notes:
The United Nations Environment Programme (UNEP) has recently extended the term of Bollywood star and environmentalist Dia Mirza, as its National Goodwill Ambassador for another two years.
Dia Mirza is also an advocate of United Nations Sustainability Development Goals. She was famous for her #BeatPlasticPollution campaign when she was the UNEP Goodwill ambassador for the first time.

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:
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:
Bureau of Police Research and Development (BPRD) was established under Ministry of Home Affairs in 1970, as a think-tank with the objective of modernization of police force.
Recently BPRD released a 40-page manual titled ‘Fake News and Disinformation: How to Spot and Investigate’ to help investigators and police officers to identify fake news aimed at spreading communal hatred among the people.