Current Affairs Quiz - May, 2020

Notes:
According to the Computer Emergency Response Team of India (CERT-In), the national technology arm to prevent cyber-attacks, android users who use mobile banking in mobile phones might be vulnerable to a new malware called ‘EventBot’.
The authorities also announced that the new malware steals personal and sensitive information of the users. It also warned that the Trojan virus may project itself as a genuine application such as MS Word and enter into the victim’s device. To combat the malware, CERT-in has advised users not to download applications from untrusted sources.

Notes:
Asian Infrastructure Investment Bank (AIIB) signed a USD 145 million agreement with the Government of India and West Bengal Government for a project.
The project aims to improve the irrigation services and flood management in the Damodar Valley Command Area in West Bengal. The total value of the project is over 413 million dollars and will benefit about 27 lakh farmers from five districts of the state.

Notes:
“GOAL (Going Online As Leaders)” programme is an initiative of the Union Ministry of Tribal Affairs (MoTA).
Union Minister for Tribal Affairs Arjun Munda launched the scheme was launched in partnership with Facebook. The programme aims to provide mentorship and training to tribal youth through digitally enabled programs. The scheme is expected to promote and empower 5,000 tribal youths in the current phase.

Notes:
International Day of Families celebrated by the United Nations on May 15, every year across the world. This year, it is celebrated with a theme of ‘Families in Development: Copenhagen & Beijing + 25’.
This year marks the 25th anniversary of Copenhagen Declaration and Beijing Platform for Action. The day was proclaimed by the UN General Assembly in the year 1993, to highlight the importance attached with families by the international community.

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:
In the recent economic stimulus package, the Finance Minister announced that the government is taking steps to make India a global Maintenance, Repair and Overhaul (MRO) hub of aircraft.
As the aircraft component repairs and airframe maintenance is set to increase from Rs 800 crore to Rs 2,000 crore in three years, India can make use of the opportunity. Major engine manufacturers in the world are expected to set up engine repair facilities in India in future. The Minister also announced auctioning of six more airports on public-private partnership (PPP) basis.

Notes:
The Union Housing and Urban Affairs Minister Hardeep Singh Puri announced the results of garbage-free star rating for the cities.
The top ‘five-star garbage-free’ tag was given to six cities including Chhattisgarh’s Ambikapur, Madhya Pradesh’s Indore, Gujarat’s Rajkot and Surat, Karnataka’s Mysore and Maharashtra’s Navi Mumbai. As many as 141 cities were rated based on their garbage management. 65 cities were given three-star while 70 were given one-star.

Notes:
As per the recent announcement by the National Health Authority (NHA), the number of people who have benefitted under the Ayushman Bharat Scheme has crossed the one crore-mark.
The flagship health insurance programme named Ayushman Bharat Pradhan Mantri Jan Arogya Yojna (AB-PMJAY) was launched on September 23, 2018 in Ranchi. The scheme which is implemented by NHA, aims to provide Rs 5 lakh secondary and tertiary care hospitalisation cover to up to 10 Crore poor and vulnerable families.

Notes:
The Union Cabinet has approved an additional funding of up to Rs 3 lakh crore through the Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector.
The Micro, small and medium enterprises (MSMEs) that are hit hard by the coronavirus crisis will be granted an emergency credit at the rate of 9.25 per cent. 100 per cent guarantee coverage will be provided by National Credit Guarantee Trustee Company (NCGTC) for eligible MSMEs and MUDRA borrowers, in the form of a guaranteed emergency credit line (GECL) facility.

Notes:
As per the recent data of the Reserve Bank of India, the Bank credit increased 6.52 per cent year-on-year to Rs 102.52 trillion and Bank deposits grew 10.64 per cent to Rs 138.50 trillion in the fortnight ended May 8.
The data also highlighted that Private sector banks made the highest credit expansion and their share in total credit expanded to 35.7 per cent, 32 per cent and 30 per cent in 2019, 2018 and 2017 respectively. The data also revealed that bank credit growth (y-o-y) decelerated for the fourth successive quarter in December 2019.