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:
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 World Economic Forum has recently released the global ‘Energy Transition Index’. The index ranks 115 economies on the current performance of their energy systems and their readiness for transition to secure and sustainable energy systems.
India has moved up two positions to rank 74th from previous year, and has improved on all key parameters. Sweden has topped the Energy Transition Index (ETI) for the third consecutive year. Switzerland and Finland were ranked in the next two positions.

Notes:
The video-conference of foreign ministers of the Shanghai Cooperation Organisation (SCO) was recently held in the backdrop of the coronavirus pandemic. Indian External Affairs Minister S Jaishankar represented India.
SCO has eight member states including namely India, Kazakhstan, Kyrgyzstan, China, Pakistan, Russia, Tajikistan, and Uzbekistan. The SCO summit which was scheduled to be held in the month of July, 2020 at the Russian city St. Petersburg is expected to be held as per the schedule.

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:
World Bank has recently approved USD 1 billion ‘Accelerating India’s COVID-19 Social Protection Response Program’.
The program aims to support India in fighting Covid-19 and providing assistance to the poor and vulnerable people of the country who are affected by the pandemic. Last month, the World Bank had announced a USD 1 billion support for India and hence this step raises its total commitment for India to USD 2 billion, as of now.

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:
The nation-wide electronic agriculture trading portal, e-NAM has recently reached milestone of 1000 mandis (markets) across 18 states and three union territories.
e-NAM was launched in 2016, with the objective of connecting the existing mandis on a common online market platform for agricultural produce in the country. With the recent addition of 38 mandis, it has reached the milestone of 1000 mandis, for which May 15 was fixed as the deadline. Amid the lock-down, trade through e-NAM reduces human intervention in the process.