Current Affairs Quiz - May, 2020

Notes:
The European Union and its partners co-hosted the Coronavirus Global Response International Pledging Conference to raise funds to kick-start the global fight against Covid-19, especially to manufacture a vaccine.
The target set by the European Commission for the initial funding was €7.5 billion (8 billion USD). Several world leaders, individuals and organisations participated in the conference and pledged 8 billion USD together. Canada was the highest contributor with $850 million. U.S. did not attend the conference.

Notes:
‘Long March 5B’ is the flagship launch vehicle of China and it is a variant of the standard Long March 5 rocket, which had its inaugural flight in 2016.
It was seen in news recently, as the rocket launched a prototype crewed spacecraft from the Hainan island. This new-generation spacecraft entered its predetermined orbit 488 seconds after the launch. This success is expected to let China proceed with a mission to send an orbiter and rover to Mars.

Notes:
Institute of Genomics and Integrative Biology (IGIB), a lab of the Council for Scientific and Industrial Research (CSIR) have entered into a partnership to commercialise the FNCAS9 Editor Linked Uniform Detection Assay, FELUDA test kit developed by IGIB.
Under the agreement, the licensing of KNOW-HOW for rapid and accurate diagnosis of COVID-19 will also be undertaken. The FELUDA kit is affordable, easy to use and not dependant on the expensive Q-PCR machines. It uses Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR) based technology and paper strip model of chemistry.

Notes:
In a recent move, the Centre hiked the duties on petrol and diesel steeply and raised it to Rs 10 and Rs 13 per litre, respectively. It was also announced that there will be no change in the retail prices as the hike will be absorbed by the Oil Marketing companies.
Among the total hike, the Road and infrastructure cess will go the revenue of the Centre only whereas the special additional excise duty will be passed on to all states through devolution at 42%. This decision has been taken at the backdrop of falling crude oil prices in the global market and lower demand during the lock-down.

Notes:
The new Prime Minister of Iraq, Mustafa al-Kadhimi assumed office after the country’s parliament approved a new government. The parliament also approved 15 ministers in a vote of confidence and seven ministries including Foreign affairs and Oil were left empty.
There has been political crisis for more than six months in the country. The two previous nominees for the role of prime minister, Mohammed Tawfiq Allawi and Adnan al-Zurfi failed to secure the required support from cabinet ministers.

Notes:
The National Anti-Doping Agency, a national organisation under the Ministry of Sports announced that it would conduct its disciplinary hearings online. It is responsible for promoting and monitoring the doping control programs in all forms of sports in India.
Anti-Doping Disciplinary Panel (ADDP) and Anti-Doping Appeals Panel (ADAP) will start hearing cases online, due to the lockdown imposed. NADA will also launch an application to create awareness about anti-doping.

Notes:
The World Thalassaemia Day is observed every year across the world on May 8. It is observed with an aim of creating awareness about a blood disorder called Thalassaemia.
Thalassaemia is a genetic blood disorder that affects the production of haemoglobin. Lesser red blood cells and low haemoglobin are the effects of this disorder. This year the theme is “The dawning of a new era for thalassaemia: Time for a global effort to make novel therapies accessible and affordable to patients”.

Notes:
The government has recently raised its gross market borrowing target for the current financial year to Rs 12 lakh crore.
As per the latest budget estimate, the target was Rs 7.8 lakh crore for the current fiscal year. The increase in the target accounts for more than 50% increase from the estimate. The decision has been taken at the backdrop of the Covid-19 outbreak that has crippled the economy. Lower tax collections and the fiscal stimulus required are the reasons for the increased borrowing.

Notes:
The World Migratory Bird Day is celebrated on May 9 every year, across the world. The theme of the World Migratory Bird Day 2020 is ‘Birds Connect Our World’.
The day is celebrated to raise awareness about conservation and ecological importance of migratory birds in the global ecosystem. The day was first introduced in the year 2006 and since then several awareness events and bird watching events for bird enthusiasts will be conducted on the day.

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.