Current Affairs Quiz - May, 2020

Notes:
The Suraksha Store initiative has been launched by the Ministry of Consumer Affairs, Food and Public Distribution.
The aim of this scheme to educate Kirana store owners across the country about safety guidelines and sanitation measures to be followed while running their businesses. Recently the Department of Consumer Affairs has partnered with tech start-ups Safejob and Seekify to leverage technology in implementing this scheme.

Notes:
The Bruhat Bengaluru Mahanagara Palike (BBMP), the city corporation of Bengaluru has launched ‘Pranavayu programme’ to create awareness about self-examination of respiratory health for the city-dwellers.
The programme aims at educating people with low oxygen level in their blood to check themselves at an early stage. Under the programme, several advertisements are published in media about self-examination.

Notes:
A team of astronomers using the Chile-based La Silla Observatory of the European Southern Observatory (ESO) has recently discovered the nearest black hole from Earth.
This triple-structure black hole named as HR 6819, is located just 1000 light-years from Earth. Unlike the other black holes that have been detected till date, HR 6819 does not actively interfere with their surroundings. The team was able to distinguish its existence and measure its mass.

Notes:
The government of Madhya Pradesh has launched a new scheme called ‘FIR Aapke Dwar Yojana’ in Bhopal.
The scheme has been launched on a pilot basis in 23 Police stations across the state. Under the scheme, people need not visit Police stations to lodge an FIR, rather they can use the number 100. The Dial 100 vehicle would have trained Head Constables to lodge FIR. For serious complaints, guidance will be given by senior officers.

Notes:
The Indian Council for Cultural Relations (ICCR) is an autonomous organisation of Union Ministry of External Affairs. Its main objective is to build cultural relations with other countries.
Recently, ICCR released a song titled “United We Fight” featuring famous musicians like Usha Uthup and Joe Alvares, as a part of its efforts to instil hope among Indians in their fight against COvid-19. The song was written and composed by Joe Alvares and sung by several famous singers from across the country.

Notes:
The Index of Industrial Production (IIP) is an index published by the Central Statistical Organisation (CSO), MoSPI every month. It shows the growth rate of industry groups in the economy such as manufacturing and electricity.
Recently, the IIP of March recorded a sharp decline of 16.7 per cent to 120.1 in the month of March. The data also showed that the industrial growth during the fiscal year 2019-20 slipped 0.7 per cent, against the 3.8 per cent rise in 2018-19.

Notes:
The state government of Odisha has decided to bring three ordinances for strengthening the agriculture economy of the state.
The decision has been taken in a review meeting on controlling Covid-19 and restarting economic activities, chaired by the Chief Minister Naveen Patnaik. The state also announced that MGNREGA and Mission Shakti activities would be intensified. Odisha has started agricultural activities and sale of agricultural inputs.

Notes:
Union Finance Minister Nirmala Sitharaman recently proposed Rs 50,000 crore of liquidity by reducing the TDS and TCS rates for certain payments including interest, dividend, rent payments and other payments by non-individuals.
The rates of Tax Deduction at Source (TDS) for non-salaried payments made to residents and rates of Tax Collection at Source (TCS) for receipts will be reduced by 25 per cent of the existing rates. This reduction in rates will be effective from 14.05.2020 to 31.03.2021.

Notes:
The Khadi and Village Industries Commission (KVIC), a statutory organization under the Ministry of MSME is the implementing agency of ‘Prime Minister Employment Generation Programme (PMEGP).
After the Prime Minister announced to support the local products, KVIC announced a set of guidelines to fast-track the implementation of projects under the flagship program PMEGP. The concerned agencies will have to scrutinize the applications and forward it to banks within 26 days. It was also instructed to bring down the time frame to 15 days.

Notes:
As per the recent report by the Centre for Monitoring Indian Economy (CMIE), nearly 6 Crore Indian workers in the age group of 20-39 lost their jobs in April. It revealed that 12 crore jobs had been lost because of the lockdown.
As per the report, more than 2.7 crore young people in the age group 20-29 lost their jobs last month. Also, more than 3.3 crore people in the age group 30-39 lost their jobs. 11% of the young workers in the age group of 20-24 years, who accounted for 8.5% of total employed people in the country in 2019-20, lost their jobs.