Current Affairs Quiz - May, 2020

Notes:
New Development Bank (NDB) was established by the BRICS (Brazil, Russia, India, China, South Africa) countries in 2014. Its headquarters is Shangai and is headed by veteran Indian K V Kamath.
BRICS’ New Development Bank was seen in news recently, as it has provided $1 billion loan to India to fight COVID-19. The complete emergency funds have been disbursed by the development institution, to help India in containing the human and economic losses due to Covid-19.

Notes:
Recently, the Geographical Indication (GI) tag has been provided to Jharkhand’s Sohrai Khovar painting and Telangana’s Telia Rumal handloom cloth.
The painting is a traditional art that is created by tribal women with locally available soils of different colours. It is predominantly done in Hazaribagh district of Jharkhand. Telia Rumal cloth has intricate handmade work with cotton loom, with designs in red, black and white colours. Thanjavur Netti (pith) works that uses Aeschynomene aspera plant and Arumbavur Wood Carving also got G.I tag from Tamil Nadu.

Notes:
A 1991 batch Karnataka cadre officer Ms. Vidyavathi has been recently appointed as the new Director General of the Archaeological Survey of India (ASI).
According to the order of the Appointments Committee of the Cabinet, the bureaucrat will be serving in the rank of Additional Secretary to the Government of India. Usha Sharma was the previous DG of ASI, that is headquartered at New Delhi.

Notes:
According to the latest Transparency Report released by Facebook, government requests for user data increased by 9.5% during the second half of 2019. United States topped the list with 51,121 requests for user data. It is followed by India and UK.
The report also revealed that India topped the list for internet disruption affecting Facebook services during both the first and second half of 2019, accounting for 40 disruptions. Also, the number of user data requests from the Indian government to Facebook increased 28% during the second half of 2019.

Notes:
In the second tranche of the economic stimulus package, the Finance Minister proposed that the Government will launch a scheme under Pradhan Mantri Awas Yojana-PMAY.
The scheme aims at providing ease of living at affordable rent for migrant labour/urban poor. It proposes to convert government funded housing in the cities into Affordable Rental Housing Complexes (ARHC) under PPP mode. The scheme will also incentivize industries and State Government Agencies and Central Government Organizations to develop ARHCs and operate them.

Notes:
Compensatory Afforestation Fund Management and Planning Authority (CAMPA) was set up under Environment Ministry to promote afforestation activities as a way of compensating for forest land diverted to non-forest uses.
In the economic stimulus package, it was proposed that plans worth Rs 6000 crores of CAMPA funds will be approved shortly. The funds will be used for afforestation and plantation works, forest protection and job opportunities in urban, semi-urban and rural areas and for Tribals /Adivasis.

Notes:
The National Real Estate Development Council was established in 1998 under the Ministry of Housing and Urban Affairs. It is a major association of real estate developers.
Recently, National Real Estate Development Council (NAREDCO) has appointed Rajesh Goel as Director General (DG) of the association. Prior to this appointment, Rajesh Goel superannuated as the CMD of Hindustan Prefab Ltd.

Notes:
As a part of the economic stimulus package, the Union Finance Minister proposed that the Electricity distribution companies (Discoms) in the Union Territories (UTs) would be privatised.
As of now, Delhi is the only Union Territory which has private power Discoms namely Reliance Infrastructure’s BSES and Tata Power Delhi Distribution. Earlier, the draft amendments to the Electricity Act, 2003 were announced, which included the proposal of private participation in electricity distribution.

Notes:
The UN General Assembly declared 16 May the International Day of Living Together in Peace, with an objective of sensitising the international community to promote peace, tolerance and solidarity.
Every year, May 16 has been celebrated as the International Day of Living Together in Peace. The year 2000 was declared as the “International Year for a Culture of Peace” and the decade 2001-2010 as the “International Decade for a Culture of Peace and Non-Violence for Children of the World”.

Notes:
In its effort to boost the economy and provide work to migrants returning from other states to home villages, the Central government allocated an additional Rs 40,000 crore to the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) for 2020-21.
In the Union Budget 2020-21, the total allocation made for MGNREGS was Rs 61500 Crore. Hence with this additional fund, the total allocation of this scheme for the present year becomes Rs 1.015 trillion. Out of the total fund, Rs 11,500 crore has to be spent on clearing pending dues from the previous year.