Current Affairs Quiz - May, 2020

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 national public health institute of the United States, Centers for Disease Control and Prevention (CDC) has committed $3.6 million to assist India’s response to the COVID19 pandemic.
This initial tranche of funding will help India to strengthen and support the efforts of India to increase laboratory capacity for SARS-COV-2 testing. The CDC India program will also provide technical assistance for India’s response for the ongoing crisis emergency.

Notes:
The Prime Minister of India recently unveiled a special economic package titled “Atma Nirbhar Bharat Abhiyan” to the tune of Rs. 20 lakh crore. It aims to stimulate the economic activities of the country, ahead of the 4th phase of the lockdown.
The stimulus package also includes Rs 1.7 lakh crore package of free food grains to poor and cash to poor women and elderly, that was announced in the month of March in the name of PM Karib Kalyan Yojana. It also includes the liquidity measures and interest cuts announced by RBI. The Prime Minister said the package will focus on land, labour, liquidity and laws.

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:
The Union Minister announced ₹90,000 crore one-time liquidity injection for fund-starved DISCOMs. This will be used to pay the central public sector power generation companies, transmission companies, independent power producers and renewable energy generators.
PSUs Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) will infuse the liquidity by raising an amount of about ₹90,000 crore from the market against the receivables of DISCOMs. The state governments are expected to provide a guarantee for the fund.

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.

Notes:
Uttarakhand government has recently launched a portal named ‘HOPE’ – Helping Out People Everywhere, to assist the workers of the state to find suitable employment.
The portal has started to collect data on the youngsters of the state and migrant workers returned from other states. The workers can upload their skill-sets on the website and based on that, they will be able to find suitable jobs at home-state. The data collected will be used for implementing the Mukhyamantri Swarojgar Yojana, implemented by the state earlier.

Notes:
Union Defence Minister Rajnath Singh digitally commissioned a ship and two interceptor boats of the Indian Coast Guard (ICG) in Goa.
Indigenously built Indian Coast Guard Ship ‘Sachet’ is the first in the series of five offshore patrol vessels, that has been designed and built by Goa Shipyard Ltd (GSL). The interceptor boats C-450 and C- 451 are indigenously designed and built by L&T Shipyard, Hazira (Gujarat). The Indian Coast Guard has reached a landmark of 150 ships and boats and 62 aircraft.

Notes:
In the economic stimulus package, the Finance Minister proposed an ‘Agriculture Infrastructure Fund’, which will be created immediately with an outlay of Rs. 1 lakh crore.
The fund aims to address the lack of adequate cold chain and Post-Harvest Management infrastructure. Financial assistance will be provided for funding Agriculture Infrastructure Projects at farm-gate and aggregation points including Primary Agricultural Cooperative Societies (PACS), Farmers Producer Organisations (FPO), Agriculture entrepreneurs, Start-ups, etc.