Current Affairs Quiz - May, 2020

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 Sports Authority of India (SAI) has formed a six-member committee to prepare a Standard Operating Procedure (SOP) for resuming the training of sportspersons across several disciplines, after the lock-down would be lifted.
The Secretary of Sports Authority of India (SAI) Rohit Bharadwaj will head the panel. It will also include preventive measures to be observed by all stakeholders, including trainees, coaches and staff. The recommendations will be sent to the Sports Ministry for approval.

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:
As per the recent analysis of World Economic Forum, the CO2 emissions of India have dropped for the first time in over 40 years.
WEF highlighted that the fall in emissions is due to the economic slowdown and growth in the renewable energy sector. Emissions dipped by around 1% in the fiscal year 2019-20. In the month of March, the emissions fell by 15% and it is expected to have fallen 30% in April 2020. As the pandemic has cut the electricity demand, coal consumption also flatlined.

Notes:
The state of Kerala has commenced training for primary schoolteachers via its KITE Victers channel. Minister of General Education and Chief of Disaster Risk Reduction of UN Environment Programme (UNEP) addressed the inaugural classes.
More than 81,000 primary and upper primary teachers are expected to participate in this training exercise. Prior to this, the teachers were given training to use online and virtual facilities. Under this program, classes on social consciousness and social science will be held. Besides the channel, the programmes will be available on their website and KITE VICTERS mobile app.

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:
Veteran educationist and litterateur Anisuzzaman, who was also the national Professor of Bangladesh, passed away recently at the age of 83.
He was born in Kolkata and later moved to Bangladesh shortly after the partition of India. He had contributed significantly for the Bangla literature. He also played a crucial role in all democratic movements including the Language Movement of 1952 to Liberation War in 1972 etc. He was awarded Padma Bhushan by India in 2014.

Notes:
The Commander-in-Chief A&N Command recently commissioned INLCU L57 into the Indian Navy at Port Blair. INLCU L57 is the seventh Landing Craft Utility (LCU) MK-IV class to be inducted into the Indian Navy.
The ship has been indigenously designed and built by Garden Reach Shipbuilders and Engineers (GRSE), Kolkata. The amphibious vessels are based at the Andaman and Nicobar Command and is to be deployed for transporting and deploying tanks and equipment, search and rescue, disaster relief operations.

Notes:
The Union Finance Minister recently announced to raise the minimum threshold to initiate insolvency proceeding to Rs 1 crore from the present limit Rs 1 lakh to benefit MSMEs.
This move will give relief to the companies that default on loans due to the Covid-19 stress. It was also announced that no fresh insolvency will be initiated for one year under the Insolvency and Bankruptcy Code and the Covid-19 related debt will be excluded from the definition of default. She also proposed decriminalisation of the Companies Act for violations involving minor technical and procedural defaults.

Notes:
International Museum Day is celebrated every year across the world on May 18, for the last 40 years. This year the theme of the International Museum Day is ‘Museums for Equality: Diversity and Inclusion’.
The objective of celebration of this day is to raise awareness about the importance of Museums in cultural exchange and mutual cooperation and peace among people. Development of Museums and Cultural Spaces of the Culture Ministry hosted a webinar on ‘Revitalising Museums and Cultural Spaces’ on the International Museum Day.