Current Affairs Quiz - May, 2020

Notes:
As a part of the humanitarian aid and disaster relief (HADR) outreach of the Indian Navy, the armed force has deployed five of its biggest amphibious warfare vessels on a mission to provide essential supplies to friendly Indian Ocean Region (IOR) countries.
Indian Naval Ship (INS) Kesari, INS Jalashwa, INS Magar, INS Airawat and INS Shardul are deployed in the operations. On their return journey some of them will bring back the stranded Indian nationals in those countries.

Notes:
International Organization for Migration (IOM) is an intergovernmental organization that provides services and advice regarding migration to governments and migrants. It is headquartered at Grand-Saconnex, Switzerland.
Recently, the Director-General of the UN migration agency Antonio Vitorino said in a notification that thousands of migrants have been stranded all over the world and they face an increased risk of COVID-19 infection. The agency also advised the governments to allow health care and screening available to all migrants.

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:
The Prime Minister of India recently unveiled a special economic package titled “Atma Nirbhar Bharat Abhiyan” to the tune of Rs. 20 lakh crore. It aims to stimulate the economic activities of the country, ahead of the 4th phase of the lockdown.
The stimulus package also includes Rs 1.7 lakh crore package of free food grains to poor and cash to poor women and elderly, that was announced in the month of March in the name of PM Karib Kalyan Yojana. It also includes the liquidity measures and interest cuts announced by RBI. The Prime Minister said the package will focus on land, labour, liquidity and laws.

Notes:
The Index of Industrial Production (IIP) is an index published by the Central Statistical Organisation (CSO), MoSPI every month. It shows the growth rate of industry groups in the economy such as manufacturing and electricity.
Recently, the IIP of March recorded a sharp decline of 16.7 per cent to 120.1 in the month of March. The data also showed that the industrial growth during the fiscal year 2019-20 slipped 0.7 per cent, against the 3.8 per cent rise in 2018-19.

Notes:
The FIFA U-17 Women’s World Cup was originally scheduled to be held in India from November 2-21 in 2020 and was subsequently postponed due to the pandemic.
Recently, FIFA announced that the World Cup tournament has been rescheduled to February 17-March 7, 2021. It was originally planned to be held across five host cities of India namely – Navi Mumbai, Guwahati, Ahmedabad, Kolkata and Bhubaneswar. The original eligibility criteria of the players will be followed.

Notes:
The state government of Odisha has decided to bring three ordinances for strengthening the agriculture economy of the state.
The decision has been taken in a review meeting on controlling Covid-19 and restarting economic activities, chaired by the Chief Minister Naveen Patnaik. The state also announced that MGNREGA and Mission Shakti activities would be intensified. Odisha has started agricultural activities and sale of agricultural inputs.

Notes:
Union Finance Minister Nirmala Sitharaman recently proposed Rs 50,000 crore of liquidity by reducing the TDS and TCS rates for certain payments including interest, dividend, rent payments and other payments by non-individuals.
The rates of Tax Deduction at Source (TDS) for non-salaried payments made to residents and rates of Tax Collection at Source (TCS) for receipts will be reduced by 25 per cent of the existing rates. This reduction in rates will be effective from 14.05.2020 to 31.03.2021.

Notes:
The video-conference of foreign ministers of the Shanghai Cooperation Organisation (SCO) was recently held in the backdrop of the coronavirus pandemic. Indian External Affairs Minister S Jaishankar represented India.
SCO has eight member states including namely India, Kazakhstan, Kyrgyzstan, China, Pakistan, Russia, Tajikistan, and Uzbekistan. The SCO summit which was scheduled to be held in the month of July, 2020 at the Russian city St. Petersburg is expected to be held as per the schedule.

Notes:
The Food and Agriculture Organization (FAO), a specialised agency of the United States has recently released a report titled ‘Global Forest Resources Assessment 2020 (FRA 2020)’. The report examines the status of 236 countries in the period 1990-2020.
The report highlighted that the forest area has declined all across the world in the past three decades. The rate of forest loss in 2015-2020 declined to an estimated 10 million hectares, down from 12 million hectares in 2010-2015. The report also revealed that the world lost 178 mha of forest since 1990, which is the size of Libya.