Current Affairs Quiz - May, 2020

Notes:
Legendary racer from Germany, Sebastian Vettel is set to leave Ferrari at the end of 2020 F1 season, as per the recent statement from Ferrari.
The 32-year-old racer and four times world champion is yet to break the record by another legend Michael Schumacher in winning multiple Formula One titles with Ferrari. Vettel is one of the highest-paid drivers and has so far won 14 races for Ferrari.

Notes:
The Prime Minister of India recently unveiled a special economic package titled “Atma Nirbhar Bharat Abhiyan” to the tune of Rs. 20 lakh crore. It aims to stimulate the economic activities of the country, ahead of the 4th phase of the lockdown.
The stimulus package also includes Rs 1.7 lakh crore package of free food grains to poor and cash to poor women and elderly, that was announced in the month of March in the name of PM Karib Kalyan Yojana. It also includes the liquidity measures and interest cuts announced by RBI. The Prime Minister said the package will focus on land, labour, liquidity and laws.

Notes:
The Union Minister announced ₹90,000 crore one-time liquidity injection for fund-starved DISCOMs. This will be used to pay the central public sector power generation companies, transmission companies, independent power producers and renewable energy generators.
PSUs Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) will infuse the liquidity by raising an amount of about ₹90,000 crore from the market against the receivables of DISCOMs. The state governments are expected to provide a guarantee for the fund.

Notes:
The video-conference of foreign ministers of the Shanghai Cooperation Organisation (SCO) was recently held in the backdrop of the coronavirus pandemic. Indian External Affairs Minister S Jaishankar represented India.
SCO has eight member states including namely India, Kazakhstan, Kyrgyzstan, China, Pakistan, Russia, Tajikistan, and Uzbekistan. The SCO summit which was scheduled to be held in the month of July, 2020 at the Russian city St. Petersburg is expected to be held as per the schedule.

Notes:
The United Nations recently released the World Economic Situation and Prospects report. As per the report, the global gross domestic product (GDP) is estimated to shrink by 3.2 per cent in 2020.
The report also estimated that India would grow by 1.2 per cent by 2020 due to the effect of the national lock-down. UN had already projected a lower growth rate of 4.1 per cent for the year 2019. The organisation also projected that India would slowly regain its growth rate and reach 5.5 per cent in the year 2021.

Notes:
World Bank has recently approved USD 1 billion ‘Accelerating India’s COVID-19 Social Protection Response Program’.
The program aims to support India in fighting Covid-19 and providing assistance to the poor and vulnerable people of the country who are affected by the pandemic. Last month, the World Bank had announced a USD 1 billion support for India and hence this step raises its total commitment for India to USD 2 billion, as of now.

Notes:
According to the Computer Emergency Response Team of India (CERT-In), the national technology arm to prevent cyber-attacks, android users who use mobile banking in mobile phones might be vulnerable to a new malware called ‘EventBot’.
The authorities also announced that the new malware steals personal and sensitive information of the users. It also warned that the Trojan virus may project itself as a genuine application such as MS Word and enter into the victim’s device. To combat the malware, CERT-in has advised users not to download applications from untrusted sources.

Notes:
Union Defence Minister Rajnath Singh digitally commissioned a ship and two interceptor boats of the Indian Coast Guard (ICG) in Goa.
Indigenously built Indian Coast Guard Ship ‘Sachet’ is the first in the series of five offshore patrol vessels, that has been designed and built by Goa Shipyard Ltd (GSL). The interceptor boats C-450 and C- 451 are indigenously designed and built by L&T Shipyard, Hazira (Gujarat). The Indian Coast Guard has reached a landmark of 150 ships and boats and 62 aircraft.

Notes:
The Ministry of Agriculture and Farmers Welfare recently released the 3rd Advance Estimates of production of major crops for 2019-20.
As per the estimates, the total food-grain production in the country is estimated at record 295.67 million tonnes in the 2019-20 crop year. This projected production is higher by 10.46 million tonnes from previous year. The total production of Rice and Wheat during 2019-20 is estimated at around 118 million tonnes and 107 million tonnes respectively.

Notes:
The Bahraich forest division of Uttar Pradesh released about forty gharials in the Ghaghara river, a major left bank tributary of the Ganges.
The scientific name of Gharials is Gavialis gangeticus and are commonly called as fish-eating crocodiles. The Turtle Survival Alliance (TSA) India supports the exercise of collecting the eggs, hatching at the Kukrail centre and releasing them in the river. Gharials are critically endangered in the International Union for Conservation of Nature Red List of Species.