Current Affairs Quiz - May, 2020

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:
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:
The Ministry of Agriculture and Farmers Welfare recently released the 3rd Advance Estimates of production of major crops for 2019-20.
As per the estimates, the total food-grain production in the country is estimated at record 295.67 million tonnes in the 2019-20 crop year. This projected production is higher by 10.46 million tonnes from previous year. The total production of Rice and Wheat during 2019-20 is estimated at around 118 million tonnes and 107 million tonnes respectively.

Notes:
In the economic stimulus package announced, the Finance Minister said that the Pradhan Mantri Matsya Sampada Yojana will be launched for development of marine and inland fisheries.
The scheme was originally proposed during the Union Budget 2020. But the guidelines were announced during the stimulus package. The total outlay of the PMMSY will be Rs. 20000 Crore, out of which Rs 11,000 Cr will be earmarked for activities in Marine, Inland fisheries and Aquaculture and Rs. 9000 Cr for Infrastructure of Fishing Harbours, Cold chain, Markets etc.

Notes:
One among the stimulus measures announced by the Finance Minister was promoting the defence Production under its ‘Make in India’ initiative, as the foreign direct investment (FDI) limit was raised from 49% to 74% under the automatic route.
The Minister also announced that the government will notify a list of weapons and platforms that will not be imported and will only be purchased from domestic industries. Every year, this list will be expanded in consultation with the armed forces. It was also proposed to corporatize the Ordnance Factory Board.

Notes:
The parliament of Israel recently sworn in its new government led by the Prime Minister Benjamin Netanyahu and Benny Gantz.
Israel was functioning without a stable government for over 500 days and held three inconclusive elections. The law-makers of the country have approved the coalition of Netanyahu-Gantz. Benny Gantz was a former rival of Netanyahu. This step is expected to end the longest political crisis in the country’s history.

Notes:
The President of Afghanistan Ashraf Ghani and his political rival Abdullah Abdullah have recently signed a power-sharing agreement.
This political step has been finalised two months after both the leaders declared themselves the winner of the presidential election held last September. As per the spokesperson, the political deal seeks Ghani to remain the Afghan President and Abdullah to lead the country’s National Reconciliation High Council.

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:
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.

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).