Current Affairs Quiz - May, 2020

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:
The evacuation exercise of India, considered to be one of the largest, has been named the ‘Vande Bharat Mission’, will engage about 64 flights to bring home Indian nationals stranded abroad.
Several countries including the UAE, Saudi Arabia, UK, Singapore and the US will be covered. In the first week of repatriation, the Gulf countries will be focussed. The highest number of flights to bring back people, were allotted for the states of Kerala (15), Tamil Nadu (11) and Delhi (11).

Notes:
The state government of Tamil Nadu has recently raised the retirement age of State Government employees to 59 from 58.
The Government order comes to force with immediate effect, as per the notification released. This order will also apply to all teachers in government and government-aided schools and colleges, and employees working in State public sector undertakings.

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:
United States Special envoy and Special Representative for Afghanistan reconciliation Zalmay Khalilzad recently visited India as a part of his three-nation tour including Qatar and Pakistan.
This is the first high-level foreign dignitary to travel to New Delhi since Covid-19-related travel restrictions came into effect. He met with External Affairs Minister S. Jaishankar and National Security Adviser Ajit Doval. While providing details of peace & reconciliation efforts of the U.S. in Afghanistan, he also said that US recognises India’s contribution to Afghanistan.

Notes:
According to the South African Radio Astronomy Observatory (SARAO), using the high-quality imaging of a galaxy called PKS 2014-55, sent by the South African satellite MeerKAT, the ‘X’ galaxies were found to be of a ‘double boomerang’ shape.
The galaxy that is located 800 million light years from Earth, is classified as ‘X-shaped’ because of its appearance from previous blurry images. The study also showed that these structures ultimately turn black due to the pressure of tenuous intergalactic gas.

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:
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.

Notes:
Pune-based National Institute of Virology under the Indian Council of Medical Research has successfully developed the first indigenous antibody detection kit for Covid-19 named ‘Covid Kavach Elisa’.
Technically, it is an anti-SARS-CoV-2 human IgG ELISA (enzyme-linked immunosorbent assay) test kit for detecting coronavirus. As per the Union Health Ministry, the kit can test up to 90 samples together in 2.5 hours. This is expected to ramp up the testing speed in the country.

Notes:
The Defence Research and Development Organisation (DRDO) laboratory based at Hyderabad, Research Centre Imarat (RCI), has developed an automated sanitisation cabinet, called Defence Research Ultraviolet Sanitiser (DRUVS).
The sanitiser uses the UV-C type of light to sanitise currency notes, electronic gadgets and paper. The significant feature of the sanitiser is its contactless operation, which will help in containing the spread of infection.