Current Affairs Quiz - May, 2020

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 Union Ministry of Civil Aviation along with Directorate General of Civil Aviation has launched a portal named GARUD (Government Authorisation for Relief Using Drones).
The portal has been launched with an aim of providing fast-track exemptions to government agencies for drone operations associated with Covid-19 response. However, the Ministry also warned about penal action and cancellation of exemption if the provisions are violated.

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:
Institute of Genomics and Integrative Biology (IGIB), a lab of the Council for Scientific and Industrial Research (CSIR) have entered into a partnership to commercialise the FNCAS9 Editor Linked Uniform Detection Assay, FELUDA test kit developed by IGIB.
Under the agreement, the licensing of KNOW-HOW for rapid and accurate diagnosis of COVID-19 will also be undertaken. The FELUDA kit is affordable, easy to use and not dependant on the expensive Q-PCR machines. It uses Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR) based technology and paper strip model of chemistry.

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:
Beijing headquartered Multilateral development bank, Asian Infrastructure Investment Bank recently approved a $500 million loan to support India’s Covid-19 operations. The loan is co-financed by the World Bank.
AIIB also highlighted that building a resilient health system to effectively treat COVID-19 patients and preventing its spread is the immediate priority. Last month the bank doubled its initial COVID-19 Crisis Recovery Facility to 10 billion from 5 billion.

Notes:
The United Nations along with its partner agencies has launched a USD 6.7 billion global appeal to fight the COVID-19 pandemic.
The UN also updated a global plan to fight the COVID-19 in fragile and more vulnerable countries. The plan includes nine more vulnerable countries including the Philippines, Togo and Zimbabwe, beyond the 54 countries covered in the original appeal-the COVID-19 Global Humanitarian Response Plan.

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:
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:
Recently, about 2 Crore Olive Ridley turtle hatchlings walked into the sea from Odisha’s coast. The turtles settle at the Gahirmatha and Rushikulya rookery in the state and lay eggs every year.
Several lakhs of turtles lay eggs on the coast, in a phenomenon called Arribada. These hatchlings will grow up and said to return to the same place for laying their eggs. The turtles get their name from the colour of its olive-green shell. As per the World Wildlife Fund, they are the most abundant of all sea turtles but they are vulnerable because they nest in only a few places.