Current Affairs Quiz - May, 2020

Notes:
Under the Rebate of State Levies (ROSL) Scheme, exporters can claim refunds from the Centre for all the levies and duties they pay at the State level. It was extended only to exporters of apparel and made-ups.
It was discontinued last year and replaced with the Rebate of State and Central Taxes and Levies scheme (RoSCTL). Recently, ₹464.13 crore has been allocated for issue of duty credit scrips (certificates) by the DGFT to exporters who have pending claims under the ROSL scheme.

Notes:
Indian Navy has launched Operation named ‘Samudra Setu’, which means Sea Bridge in English, with an objective of repatriating Indian citizens who are stranded in other countries.
As a part of Phase-1 under the operation, Indian Naval Ships Jalashwa and Magar have departed to Malè in Maldives for evacuation of Indian citizens. The list of persons who are to be evacuated is prepared by the Indian Mission in Maldives. About a thousand nationals are to be transported back to India following social distancing norms.

Notes:
The state government of Himachal Pradesh announced that it will launch an initiative called ‘Nigah’, that aims to impart awareness among the family members of people coming to the state from other parts of the country.
The health care workers, ASHA and Anganwadi workers would be deployed in this scheme, to create awareness in maintain social distancing and hygiene during the home quarantine period. The houses of the persons returned would be labelled and members of Panchayati Raj Institutions and Urban Local Bodies are asked to ensure proper implementation of the scheme.

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:
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:
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:
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:
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:
Bureau of Police Research and Development (BPRD) was established under Ministry of Home Affairs in 1970, as a think-tank with the objective of modernization of police force.
Recently BPRD released a 40-page manual titled ‘Fake News and Disinformation: How to Spot and Investigate’ to help investigators and police officers to identify fake news aimed at spreading communal hatred among the people.

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.