Current Affairs Quiz - May, 2020

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:
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:
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 Union Defence Ministry has signed a contract with Mumbai based power company Tata Power for infrastructure modernisation of 37 airfields.
The airfields of the Indian Air Force, Coast Guard and the Navy are to be modernised at a cost of around Rs 1,200 crore. This is the second phase of the Modernisation of Airfield Infrastructure (MAFI) programme while during the first phase the airfields of the Indian Air Force were upgraded. This project would facilitate the operations of aircrafts in poor weather conditions.

Notes:
West Bengal supplies about 95 per cent of the jute bags used across the country, mainly in packaging of food-grains. As the lock-down has stopped the production of jute bags in the state, the Food Corporation of India faces a shortage of bags.
Union Food Minister Ram Vilas Paswan announced that the government has allowed packaging of food-grains in used gunny sacks and plastic bags during the ongoing procurement season. A task force has been constituted by the Ministry to assess the shortage of jute bags for packaging amid the lock-down.

Notes:
The Union Budget 2020 proposed to reduce the stay period of an individual in India to 120 days, from the previous 182 days. But this reduction is only applicable to persons with less than Rs 15 lakh as Indian income during the Financial year.
Recently, Finance Ministry allowed a relief in determining the residential status during 2019-20, where a person came to India before 22nd March, 2020 and was unable to leave India on or before 31st March 2020, his period of stay in India from 22nd March to 31st March shall not be taken into account. Otherwise they shall have to file tax returns as Indian residents.

Notes:
The Suraksha Store initiative has been launched by the Ministry of Consumer Affairs, Food and Public Distribution.
The aim of this scheme to educate Kirana store owners across the country about safety guidelines and sanitation measures to be followed while running their businesses. Recently the Department of Consumer Affairs has partnered with tech start-ups Safejob and Seekify to leverage technology in implementing this scheme.

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.

Notes:
The social security scheme of Government of India ‘Atal Pension Yojana’ (APY) has completed five years of successful implementation. The scheme has witnessed 2.23 Crore enrolments since its launch.
It was launched in the year 2015 by the Indian Prime Minister to deliver a minimum guaranteed pension to workers in unorganised sector. The Pension Fund Regulatory and Development Authority (PFRDA) administers the scheme.

Notes:
Legendary racer from Germany, Sebastian Vettel is set to leave Ferrari at the end of 2020 F1 season, as per the recent statement from Ferrari.
The 32-year-old racer and four times world champion is yet to break the record by another legend Michael Schumacher in winning multiple Formula One titles with Ferrari. Vettel is one of the highest-paid drivers and has so far won 14 races for Ferrari.