Current Affairs Quiz - May, 2020

Notes:
The Union Budget 2020 proposed to reduce the stay period of an individual in India to 120 days, from the previous 182 days. But this reduction is only applicable to persons with less than Rs 15 lakh as Indian income during the Financial year.
Recently, Finance Ministry allowed a relief in determining the residential status during 2019-20, where a person came to India before 22nd March, 2020 and was unable to leave India on or before 31st March 2020, his period of stay in India from 22nd March to 31st March shall not be taken into account. Otherwise they shall have to file tax returns as Indian residents.

Notes:
The Defence Research and Development Organisation (DRDO) laboratory based at Hyderabad, Research Centre Imarat (RCI), has developed an automated sanitisation cabinet, called Defence Research Ultraviolet Sanitiser (DRUVS).
The sanitiser uses the UV-C type of light to sanitise currency notes, electronic gadgets and paper. The significant feature of the sanitiser is its contactless operation, which will help in containing the spread of infection.

Notes:
According to the data released by the Registrar General of India in its Sample Registration System (SRS) bulletin based on data collected for 2018, the infant mortality rate was found to be 32 per thousand of the population. The national birth rate and death rate stood at 20 and 6.2 respectively.
Madhya Pradesh has worst infant mortality rate in the country with 48 per thousand while Nagaland has the best IMR (4). Bihar continues to top the birth rate list with Andaman and Nicobar Islands at the bottom. Chhattisgarh has the highest death rate, while Delhi has the lowest.

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 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:
Ecowrap is the research report of India’s largest lender State Bank of India. Recently, SBI released its latest Ecowrap report.
It has revised the baseline fiscal deficit to 7.9 per cent of the revised GDP in FY21, which is more than double to its previous estimate. The report had earlier estimated the fiscal deficit as 3.5 % of GDP. The reason for the revision is due to the lower revenues and higher expenditure against the backdrop of Covid-19 pandemic.

Notes:
Union Minister of Health & Family Welfare Dr Harsh Vardhan recently dedicated the first testing machine that has been procured by the Government called COBAS 6800. It has been installed in the National Centre for Disease Control (NCDC). It is an institute under the Indian Directorate General of Health Services, Health Ministry.
COBAS 6800 is a fully automated, high end machine which performs real time PCR testing for COVID-19. It will also provide high-quality testing and can perform around 1200 samples in 24 hours. This is expected to increase the testing capacity in the country.

Notes:
Veteran Bengali author Debesh Roy passed away recently at the age of 84, after he suffered from a massive cardiac arrest.
The author was actively writing articles in several Bengali dailies and had participated in protests against the attack on liberals. He had won several awards during his five-decade long writing career. He was conferred the Sahitya Akademi award for his novel ‘Teesta Parer Brittanto’. His other famous works are ‘Borisaler Jogen Mondal’, ‘Manush Khun Kore Keno’ and ‘Samay Asamayer Brittanto’.

Notes:
Operation Greens was introduced in 2018, under the Ministry of Food Processing Industries, with a main aim to enhance value realisation of TOP (Tomatoes, Onion and Potatoes) farmers by strengthening production clusters and FPOs and to connect them with market.
In the recent stimulus package, it was announced that Operation Greens will be extended from Tomatoes, Onion and Potatoes (TOP) to ALL fruits and vegetables (TOTAL), as a pilot project for 6 months. 50% subsidy on transportation from surplus to deficient markets and 50% subsidy on storage, including cold storages will be provided.

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.