Current Affairs Quiz - May, 2020

Notes:
Australian tennis legend Ashley Cooper, who won four Grand Slam singles titles in the 1950s, has recently passed away due to illness at the age of 83.
Ashley Cooper won the Australian Open, Wimbledon and U.S. Grand slam in the year 1958, and achieved the rare feat of winning three Grand Slam championships in a calendar year. He won all four of his Grand Slam crowns by beating his fellow countrymen in the final. He was inducted into the International Tennis Hall of Fame in 1991.

Notes:
Ola Electric, the subsidiary of the India ridesharing platform Ola, has recently acquired Netherlands-based OEM (Original Equipment manufacturer) Etergo BV.
By this acquisition, Ola Electric is set to enter the premium electric two-wheeler market, both domestic and global. Ola Electric is to use the design and engineering capabilities of Etergo to build its smart electric two-wheeler and launch in India in the year 2021.

Notes:
According to the government-backed news agency of Russia, the country has started developing its first stealth bomber named ‘PAK DA’.
It is estimated the aircraft would be completed next year and it would be able to carry an array of advanced missiles and bombs, including hypersonic weapons. This will compete with the B-2 strategic stealth bomber of the United States. China is also in the process of developing its own stealth bomber, Xian H-20.

Notes:
Multinational service network Deloitte recently conducted ‘Global State of the Consumer Tracker’ survey using an online panel, among the people across the world aged above 18.
As per the study, consumers in India are the most worried during these uncertain times and are placed at the top of the Global anxiety index with a score of 33. India was followed by Mexico and Spain. However, the anxiety score of India has gradually declined during the month of May.

Notes:
European Commission, the executive branch of the European Union has recently proposed a 750 billion-euro (USD 826 billion) COVID-19 recovery plan.
The European Commission is expected to borrow the funds from the market and then disburse two-thirds in grants and the remaining fund in loans. This plan will mostly cover to revamp the worst affected European Union nations including Italy and Spain.

Notes:
Veteran Urdu author and Padma Shri award winner Mujtaba Hussain recently passed away at the age of 83.
He was considered as one of the finest authors in Urdu literature for his humour and satire styles. His best literary works are America Ghaans Kaat Raha Hai, Japan Chalo and an autobiographical satire- Apne Yaad Mein. He returned his Padma Shri award last year, as a protest against the Citizenship Amendment Act.

Notes:
Union Minister for Finance & Corporate Affairs Nirmala Sitharaman chaired the 22nd Meeting of the Financial Stability and Development Council (FSDC) and reviewed the current global and domestic macro-economic situation and financial stability in the nation.
Union Finance Minister is the chairperson of FSDC, an autonomous regulatory body set up in the year 2010. Besides the ten members which includes the RBI Governor, Finance Secretary, Chief Economic Adviser, Chairpersons of SEBI, IRDAI, PFRDA, IBBI among others, the Finance Minister may invite any other required person.

Notes:
Rajya Sabha MP and former Union Minister of State for Finance Veerendra Kumar recently passed away at the age of 83.
He was the Managing Director of the Kerala-based Mathrubhumi group of publications. He had also served as the Union Minister of State for Labour. The politician was a prolific writer and a recipient of the Sahitya Akademi award and the Kerala Sahitya Academy award. He had been a member of the Rajya Sabha since April 2016.

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:
The foundation stone for setting up a Missile Park ‘Agneeprastha’ was recently laid at INS Kalinga, Visakhapatnam by Commodore Rajesh Debnath, who heads INS Kalinga.
A 2-megawatt solar photovoltaic plant was also commissioned at INS Kalinga by the Vice Admiral of Eastern Naval Command. This is the largest plant in the Eastern Naval Command and has an estimated life of 25 years. This step is in line with the National Solar Mission proposed by the Union Government to achieve 100 GW of solar power by 2022.