Current Affairs Quiz - May, 2020

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:
French cybersecurity researcher and ethical hacker Robert Baptiste who writes in the pseudonym Elliot Alderson on Twitter, warned about the security issues in the Aarogya Setu application. He also explained how the application could be manipulated to retrieve data of people infected in a given area.
As per the recent announcement of the Indian government, more than 90 million people have downloaded the application. However, the team of Aarogya Setu assured that no data or security breach has been identified.

Notes:
The state government of Jharkhand has recently banned manufacture, sale and storage of 11 brands of pan masala for a year.
This step has been taken to curb the harmful chemical Magnesium carbonate, present in pan masala. The chemical is carcinogenic and harmful to the heart and banned for usage, as per the Food Safety Act, 2006 regulations. Earlier, Maharashtra and Bihar also had imposed a ban on pan masala.

Notes:
Moody’s Investors Service has recently projected India’s growth at zero per cent for the current fiscal 2020-21.
It had estimated a growth of 4.8 per cent for the last fiscal year. Last month the ratings agency estimated that the Indian economy would grow at 0.2 per cent. It had also provided a ‘Baa2’ rating for India, which represents moderate credit risk. It also said that India would regain its growth rate at 6.6 per cent in the 2021-22 fiscal.

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 first Nobel Peace Prize Henri Dunant of Switzerland for founding the International Red Cross Movement and initiating the Geneva Convention.
World Red Cross Day or World Red Cross and Red Crescent Day is celebrated on May 8 every year, which marks the birth anniversary of Henry Dunant. The International Committee of the Red Cross (ICRC) established by him, works for the welfare of the people across the world.

Notes:
India launched an outreach initiative named ‘Mission Sagar’, to assist Island nations in the Indian Ocean in tackling the ongoing COVID-19 pandemic.
Indian Naval Ship Kesari has departed for the five island nations: Maldives, Mauritius, Seychelles, Madagascar and Comoros, to deliver Food, Medicines including HCQ Tablets and Special Ayurvedic Medicines, related to Covid-19. A team of select medical personnel was also sent earlier to Maldives to help increase their preparedness.

Notes:
The Bruhat Bengaluru Mahanagara Palike (BBMP), the city corporation of Bengaluru has launched ‘Pranavayu programme’ to create awareness about self-examination of respiratory health for the city-dwellers.
The programme aims at educating people with low oxygen level in their blood to check themselves at an early stage. Under the programme, several advertisements are published in media about self-examination.

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:
Former national table tennis champion of India, Manmeet Singh Walia has recently passed away in Canada, at the age of 58.
Manmeet was suffering from ALS (amyotrophic lateral sclerosis) disease that led to voluntary muscle impairment. The veteran player became the national champion in 1989 in Hyderabad. He had represented India at several international events after making his debut at the Asian Championships in 1980.