Current Affairs Quiz - May, 2020

Notes:
The Reserve Bank of India Governor Shaktikanta Das recently announced that the central bank has decided to roll over (extend) the Rs 15000 Crore refinance facility provided to SIDBI (Small Industries Development Bank of India).
The roll over is to be provided for 90 more days, from the at the end of the 90th day. RBI also announced to extend a line of credit of Rs 15,000 crore to the EXIM Bank for a period of 90 days from the date of availing, with rollover up to a maximum period of one year. EXIM Bank will use this to avail US dollar swap facility for its forex requirement.

Notes:
The flagship initiative of the Minority Affairs Ministry, ‘Hunar Haat’ is expected to be launched once the nation-wide lockdown due to Covid-19 is lifted.
The initiative organises a skill fare and aims to generate employment for crafts-persons, will be launched in September with a theme of ‘Local to Global’. As per the Minority Affairs Ministry, more than five lakh Indian artisans, craftspeople, culinary experts were provided employment opportunities in the last five years by this fare.

Notes:
The state government of Uttar Pradesh has announced that it will form a Migration commission to identify the skills of returning migrant workers and provide employment to them.
The government has also planned to provide insurance and a job security scheme to the returning workers. During the announcement, 23 lakh workers and migrants have returned to the state. The proposed Migration commission will map details of migrants, their skills and will provide training, employment and credit facilities.

Notes:
Social media and technology giant Facebook has recently launched CatchUp application, that lets the users make free phone calls.
The application developed by internal R&D group of Facebook -NPE Team, allows the users to make phone calls up to 8 people simultaneously. It uses the Facebook account in the phone to coordinate the service. It is launched at the United States as a pilot service and expected to be launched across the world soon.

Notes:
As per the recent data of the Department for Promotion of Industry and Internal Trade (DPIIT), Singapore was the largest source of FDI in India during 2019-20 with USD 14.67 billion worth investments. It was followed by Mauritius and the Netherlands.
The data also showed that FDI in India grew by 13 per cent to a record high USD 49.97 billion in 2019-20. Maximum foreign inflows were in service sector (USD 7.85 billion), followed by computer software and hardware.

Notes:
Union Commerce and Industry Minister Piyush Goyal participated in the Digital Summit on Exports organized by the Confederation of Indian Industry (CII).
During his address through video- conferencing, the Minister said that he expects the decline in exports to narrow to 8-10 per cent in the month of June. In the month of April, 28 out of 30 major product groups have witnessed huge decline in exports up to 99 per cent.

Notes:
India’s leading Information Technology firm announced that top Capgemini executive Thierry Delaporte has been appointed as its new Chief Executive Officer (CEO) and Managing Director (MD).
He is to replace the present head of Wipro Abidali Neemuchwala. Prior to this assignment, Thierry Delaporte had been associated with Capgemini and held several roles including the Chief Operating Officer and a member of its Group Executive Board. This is the first non-Indian appointment of chief, made by Indian firms.

Notes:
The state of Madhya Pradesh has recently launched a new scheme called ‘Rozgar Setu’ scheme, with an aim of providing employment to the skilled workers who have returned to the state.
The state is surveying the skilled workers who were employed at industries in other states and have returned now. The government will contact the owners of industries and factories and contractors associated with infrastructure projects such as road and bridge construction.

Notes:
Former Chhattisgarh Chief Minister Ajit Jogi has recently passed away at Raipur after suffering from a heart attack, at the age of 74.
When the state was carved out from Madhya Pradesh to be held as a separate state in the year 2000, he was selected to head the state. The veteran leader was an Indian Administrative Officer turned politician. He had also served as the Collector of Raipur during the early years of his career.

Notes:
Ministry of Tribal Affairs has announced Inclusion of 23 additional Minor Forest Produce (MFP) items in the Minimum Support Price List.
Under the “Mechanism for Marketing of Minor Forest Produce through Minimum Support price and development of Value Chain of MFP” scheme of 2011, the forest dwellers are safeguarded by a minimum price. This is implemented by the TRIFED organisation. This inclusion has increased the coverage from 50 to 73 items in the list.