Current Affairs Quiz - May, 2020

Notes:
An Extraordinary Virtual G20 Digital Economy Ministers meeting was convened recently to discuss the challenges posed by the outbreak of the COVID-19 pandemic.
Union Minister Communications and Electronics & IT Ravi Shankar Prasad represented India in the meeting. Digital Ministers of other G20 member also attended the virtual meeting. The G20 Digital Economy Task Force COVID-19 Ministerial Statement was released which ensured global digital measures to tackle the pandemic.

Notes:
The Ministry of Development of the North Eastern Region (DoNER) has recently directed the state government of Arunachal Pradesh to include the Chakma and Hajong communities in the COVID-19 relief programme.
After a Delhi-based rights group sent its complaint to the Prime Minister’s Office about the exclusion of the two communities from the relief programme and the shortage of food faced by them, the Ministry issued an order to the state. The people of the communities were settled in the state by 1960s after they were displaced by a violence in present Bangladesh region.

Notes:
The state government of Uttar Pradesh has recently launched a mobile application called ‘Ayush Kavach-Covid’, which has been developed the Ministry of AYUSH.
The application was launched with an aim of providing health remedies and measures to boost immunity in the process of fighting Covid-19. The app provides a lot of information authorised by the AYUSH Ministry about the medicinal properties of certain ingredients. It also enables the users to seek advice from experts in the AYUSH field.

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:
As per the recent notification of the Reserve Bank of India, the government has appointed Economic Affairs Secretary Tarun Bajaj as a Director on the central board of Reserve Bank of India (RBI), with effect from May 5 until further orders.
Tarun Bajaj is set to replace the position held by Atanu Chakraborty, who superannuated on April 30. Tarun Bajaj is a 1988 batch IAS officer and has held several crucial positions including Additional Secretary in Prime Minister’s Office and Director in the Department of Financial Services.

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 new Prime Minister of Iraq, Mustafa al-Kadhimi assumed office after the country’s parliament approved a new government. The parliament also approved 15 ministers in a vote of confidence and seven ministries including Foreign affairs and Oil were left empty.
There has been political crisis for more than six months in the country. The two previous nominees for the role of prime minister, Mohammed Tawfiq Allawi and Adnan al-Zurfi failed to secure the required support from cabinet ministers.

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:
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:
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.