Current Affairs Quiz - May, 2020

Notes:
Former Supreme Court Judge and the International Judge at Singapore International Commercial Court Justice A K Sikri has recently e- inaugurated the Indian Dispute Resolution Centre (IDRC).
IDRC provides a paperless dispute resolution environment through certain software portals. Its arbitration panel has former judges of the Supreme Court, High Courts, district courts and senior advocates, former bureaucrats, chartered accountants among others. The IDRCs are located at strategically commercial places in the country and its head office is in New Delhi.

Notes:
The Indian Air Force is set to operationalize its squadron called the Number-18 – ‘Flying Bullets’ with a fleet of the LCA (Light Combat Aircraft) Tejas.
Chief of the Air Staff, Air Chief Marshal R K S Bhadauria will launch the squadron at the Sulur base near Coimbatore, Tamil Nadu. This is the second Indian Air Force squadron to operate with the modern light fighter aircraft Tejas, which is a fourth-generation supersonic aircraft developed by the Hindustan Aeronautics Limited.

Notes:
An Indian Army officer, Major Suman Gawani, has been selected for the prestigious United Nations Military Gender Advocate of the Year Award (2019). This is the first time in history, that an Indian is awarded the mentioned award, that was created in 2016.
The officer has served with the United Nations Mission in South Sudan (UNMISS). She has been selected for her outstanding contribution towards peacekeeping efforts in the UNMISS. Indian major will receive the award during an online ceremony, along with Brazilian Naval Officer Commander Carla Monteiro de Castro Araujo.

Notes:
Leading Indian multi-industry company ITC has recently announced that the company is set to make its biggest acquisition. It has entered into an agreement to acquire a 100 per cent stake in the spices manufacturing company Sunrise Foods.
The deal size is estimated to be about Rs 2,000 crore. Kolkata based Sunrise Foods made a turnover of around Rs 600 crore last year and it has an extensive market presence across east India.

Notes:
Union Minister for Road Transport & Highways Nitin Gadkari recently inaugurated the Chamba Tunnel in Uttarakhand through video conference. The tunnel will be operationalised this October.
The tunnel has been constructed by the Border Roads Organisation (BRO) under Chardham Pariyojana scheme of Uttarakhand. It is a 12,000-crore project, to facilitate connectivity to Gangotri, Kedarnath, Yamunotri and Badrinath. The 440-metre long tunnel has been created under Chamba town on Rishikesh-Dharasu road.

Notes:
The historic first manned space flight of SpaceX for NASA is scheduled to take off for the International Space Station on May 27.
The mission is called Demo-2 and it will launch the two NASA astronauts Bob Behnken and Doug Hurley into orbit. The Crew Dragon spacecraft of SpaceX onboard a Falcon 9 rocket is used in this historic launch. Since 2011, NASA has sent all its astronauts through Russia’s Soyuz capsule.

Notes:
The rating agency Fitch Ratings has made further slashed world GDP forecasts in its latest Global Economic Outlook (GEO).
The biggest estimate cut was for India, where the rating agency forecasts a contract of growth by 5%, which means -5% growth in 2020-21. Earlier, Fitch had estimated India’s growth to be 0.8% for FY21. The global GDP is also estimated to fall by 4.6% in 2020.

Notes:
World Hunger Day is an initiative by The Hunger Project, which is a New York based organisation committed to end hunger across the world, through programmes in various parts of the world.
It is celebrated on May 28 every year across the world. According to the United Nations’ recent data, the number of people suffering from hunger is rising continuously after 2015. The aim of World Hunger Day is to spread awareness about the impact of acute hunger and solutions to solve hunger and poverty.

Notes:
Leading E-commerce platform Flipkart has signed a MoU with Karnataka State Mango Development and Marketing Corporation, to enable farmers to sell their fresh fruits online.
Under the agreement, India Post would function as the last-mile delivery partner during this season. Mango Board, Farmer Producer Organisations, sellers, growers, and traders can enrol themselves in the Flipkart platform to supply several varieties of mangoes across the state.

Notes:
Global technology major Facebook has recently launched an experimental short music videos application called ‘Collab’.
The videos created using Collab app can be published on other platforms including Instagram and Facebook Stories. The research team of Facebook, NPE Teams has developed this application. Earlier, the team had developed some other experimental apps including CatchUp and Hobbi.