Current Affairs Quiz - May, 2020

Notes:
Union Commerce and Industry Minister Piyush Goyal participated in the G-20 Virtual Trade and Investment Ministers Meeting through Video-conferencing.
The Minister also said in the meeting that India has provided medical supplies to over 120 countries to fight the coronavirus pandemic, out of which 43 countries received them as a grant. He also highlighted that India has been sharing the medical and public health capacity with them via digital technologies.

Notes:
Ministry of Human and Resource Development has developed an e-Governance platform, SAMARTH- Enterprises Resource Planning (ERP).
The platform has been developed under National Mission of Education in Information and Communication Technology Scheme (NMEICT). SAMARTH is an open source automation engine for Universities and Higher Educational Institutions. It has been launched at National Institute of Technology, Kurukshetra, to automate the processes of the Institute.

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:
The Social-media giant Facebook has recently acquired the popular GIF-making and sharing website GIPHY. Facebook is also planning to integrate its GIF library Instagram, its photo-sharing app.
GIPHY, one of the most popular GIF-making and sharing sites on the internet, allows users to create, share and remix GIFs. Several platforms including Apple, Twitter, Pinterest and Reddit use Giphy’s API for providing GIFs.

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 Union Finance Minister launched a scheme named ‘PM e Vidya’, as a part of the Stimulus package, in order to promote digital education in the country.
This comprehensive program will include DIKSHA (one nation-one digital platform), through which quality e-content will be provided to all school children; a dedicated educational channel for each class from 1 to 12; Community Radio and CBSE’s Shiksha Vani podcast. It also includes study material for the differently abled developed on Digitally Accessible Information System (DAISY).

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:
Bundesliga, the professional football league in Germany is the first tournament to resume after the Covid-19 pandemic.
The German Football Association (DFL) has planned to complete the season by June 30. The German government approved the league to conduct the matches. On March 13, the Bundesliga was suspended owing to the pandemic. Now, all games will be held behind closed doors as there is a ban in Germany for mass gatherings. Bundesliga is known for the world’s highest average audience in the stadium.

Notes:
About 88 Nobel laureates across the world including the Indian Nobel prize winner Kailash Satyarthi united and called for governments to spend USD 1 trillion for marginalised children, during the lock-down imposed due to Covid-19.
Other notable personalities who signed this agreement were Former UK Prime Minister Gordon Brown, Human rights activist Desmond Tutu, among others. The assistance would cancel two years of debt repayments from low-income countries and fund 2 years of the global gap to meet the Sustainable Development Goals (SDGs).

Notes:
The National Hydrographer to the government of India, Vice Admiral Vinay Badhwar, has been conferred with the 2019 Alexander Dalrymple Award.
The award has been given for his significant contribution to Indian hydrography and across the Indian Ocean region. The award is presented to the personalities who contribute in raising the standards of hydrography, cartography and navigation around the world. It was first presented in 2006 by the UK Ministry of Defence-sponsored UKHO (UK Hydrographic Office).