Current Affairs Quiz - May, 2020

Notes:
NITI Aayog and the Department of Biotechnology have launched the Consortium for Affordable & Rapid Diagnostics (CARD) project.
The project aims to scale up India’s capacity to make coronavirus testing kits. The primary goal is to manufacture at least 10 million rapid antibody tests for Covid-19 by July. It also aims to expand RT-PCR test kits in India. The announcement has come after quality issues faced with Chinese-made antibody testing kits.

Notes:
Recently, the Personal Protective Equipment (PPE) designed and produced by the Indian Navy has been certified for mass production and clinical usage.
The PPE has been developed by the team of Innovation Cell, Institute of Naval Medicine, Mumbai and the Naval Dockyard Mumbai. INMAS (Institute of Nuclear Medicine and Allied Sciences) Delhi, an authorised DRDO organization has tested and certified the PPE. The benchmarks of testing are set by the ICMR and the Health Ministry.

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:
The United Nations along with its partner agencies has launched a USD 6.7 billion global appeal to fight the COVID-19 pandemic.
The UN also updated a global plan to fight the COVID-19 in fragile and more vulnerable countries. The plan includes nine more vulnerable countries including the Philippines, Togo and Zimbabwe, beyond the 54 countries covered in the original appeal-the COVID-19 Global Humanitarian Response Plan.

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:
Several states in India including Uttar Pradesh, Madhya Pradesh, Maharashtra, Odisha and Goa have relaxed the provision of the Factories Act, 1948 and increased the working hours of labourers, after facing a shortage of workers following the lock-down.
Recently, Odisha and Maharashtra labour departments exempted their industries from four sections of the Factories Act, 1948, related to working hours of the staff, till June 30. Uttar Pradesh suspended key labour laws for three years through an ordinance. With the approved exemption, employers can allow labourers to work in two shifts of 12 hours each.

Notes:
According to the data released by the Registrar General of India in its Sample Registration System (SRS) bulletin based on data collected for 2018, the infant mortality rate was found to be 32 per thousand of the population. The national birth rate and death rate stood at 20 and 6.2 respectively.
Madhya Pradesh has worst infant mortality rate in the country with 48 per thousand while Nagaland has the best IMR (4). Bihar continues to top the birth rate list with Andaman and Nicobar Islands at the bottom. Chhattisgarh has the highest death rate, while Delhi has the lowest.

Notes:
The national public health institute of the United States, Centers for Disease Control and Prevention (CDC) has committed $3.6 million to assist India’s response to the COVID19 pandemic.
This initial tranche of funding will help India to strengthen and support the efforts of India to increase laboratory capacity for SARS-COV-2 testing. The CDC India program will also provide technical assistance for India’s response for the ongoing crisis emergency.

Notes:
Recently, the Geographical Indication (GI) tag has been provided to Jharkhand’s Sohrai Khovar painting and Telangana’s Telia Rumal handloom cloth.
The painting is a traditional art that is created by tribal women with locally available soils of different colours. It is predominantly done in Hazaribagh district of Jharkhand. Telia Rumal cloth has intricate handmade work with cotton loom, with designs in red, black and white colours. Thanjavur Netti (pith) works that uses Aeschynomene aspera plant and Arumbavur Wood Carving also got G.I tag from Tamil Nadu.

Notes:
As per the recent analysis of World Economic Forum, the CO2 emissions of India have dropped for the first time in over 40 years.
WEF highlighted that the fall in emissions is due to the economic slowdown and growth in the renewable energy sector. Emissions dipped by around 1% in the fiscal year 2019-20. In the month of March, the emissions fell by 15% and it is expected to have fallen 30% in April 2020. As the pandemic has cut the electricity demand, coal consumption also flatlined.