Current Affairs Quiz - May, 2020

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:
The first unmanned helicopter drone of China, named AR500C was seen in news as the helicopter made its first successful flight recently.
It has been designed to fly in plateau areas and capable of firing and conducting investigation from a high altitude. The unmanned helicopter is expected to be deployed along the country’s borders with India, to safe-guard the southwestern borders in Tibet.

Notes:
The Harry Potter fame author J K Rowling recently unveiled her story online for the kids across the world, during the lock-down.
The title of the story is ‘The Ickabog’ and it is her first children’s story not linked to Harry Potter. The chapters of the story will be published daily until July 10, in an exclusive website recently created for the story. The author also announced that she had written this story a decade ago.

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:
Former Deputy Economy Minister of Brazil, Marcos Prado Troyjo has been selected as the new President of the Shanghai-based New Development Bank’s (NDB).
He is to replace the veteran Indian banker KV Kamath as the President of the multilateral financial institution set up by the BRICS countries. Finance minister Nirmala Sitharaman attended the special board of Governors of NDB meeting through video-conference. Another Indian Anil Kishora was selected as the Vice President of NDB during the conference.

Notes:
Social Media Giant Twitter recently labelled tweets from the United States President Donald Trump as misleading, by linking the tweets with a fact checking page.
Under the tweets by the President, there was a message displayed by Twitter which read, “Get the facts about mail-in ballots”. Though Twitter clarified that the move was to provide context to the tweets, the President alleged that Twitter is interfering in the 2020 presidential election.

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 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:
The United States has recently joined the G7 Artificial Intelligence group, an international panel for setting ethical guidelines for usage of artificial intelligence.
As per the announcement from the White House, this move was to counter China in threatening civil liberties using technologies. The heads of France and Canada proposed this global group to guide the adoption of AI, which was rejected by the US President Donald Trump. Now US is the last nation to join the Global Partnership on AI.

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.