Current Affairs Quiz - May, 2020

Notes:
The United Nations celebrates May 7 as the International Day of Vesak across the world, to commemorate the day of enlightenment of Lord Buddha.
In India, Ministry of Culture in collaboration with the International Buddhist Confederation (IBC) held a Virtual Prayer Event to celebrate Buddha Poornima. Indian Prime Minister also delivered the keynote address. The virtual celebrations will be streamed live from various historic sites from India, Nepal and Sri Lanka.

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:
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:
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:
On 8 and 9 May every year, the United Nations commemorates the millions who lost their lives during the Second World War. The World War-II led to the formation of the United Nations.
The commemoration to pay tribute to all victims is officially called the “Time of Remembrance and Reconciliation for Those Who Lost Their Lives during the Second World War”. It was created by a General Assembly resolution in 2004.

Notes:
The World Migratory Bird Day is celebrated on May 9 every year, across the world. The theme of the World Migratory Bird Day 2020 is ‘Birds Connect Our World’.
The day is celebrated to raise awareness about conservation and ecological importance of migratory birds in the global ecosystem. The day was first introduced in the year 2006 and since then several awareness events and bird watching events for bird enthusiasts will be conducted on the day.

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 Indian Council for Medical Research (ICMR) recently announced a research collaboration with Hyderabad-based Bharat Biotech International Ltd (BBIL) to develop a COVID-19 vaccine.
The virus stains that had been isolated at the National Institute of Virology, Pune (an ICMR institute), have been transferred to the Biotech firm. The ICMR and BBIL will seek approvals to speed-up vaccine development, subsequent animal studies and clinical evaluation of the indigenous vaccine.

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:
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.