Daily Current Affairs Quiz: May 26, 2023

 ANSWER: B

 ANSWER: C

 ANSWER: A

 ANSWER: A

• The New Development Bank (NDB) has announced the launch of its Indian Regional Office (IRO) in Gujarat International Finance Tec-City (GIFT City).
• The launch of the Bank’s IRO aims to cater to infrastructure and sustainable development needs in India and Bangladesh, contributing to economic growth and sustainable development in South Asia, in line with the NDB’s mandate.
• Working in close coordination with the NDB Headquarters at Shanghai (China), the Indian Regional Office will focus on project origination, pipeline development, project implementation and monitoring as well as regional portfolio management
• Other regional centres
  • Africa Regional Center (ARC) in Johannesburg in 2017
  • Americas Regional Office (ARO) in São Paulo with a sub-office in Brasília in 2019
  • Eurasian Regional Centre (ERC) in Moscow in 2020

ABOUT NDB

• It is a Multilateral development bank established by Brazil, Russia, India, China and South Africa (BRICS) in 2015 to mobilise resources for infrastructure and sustainable development projects in emerging markets and developing countries.
• It became fully operational in February 2016.
• Members: BRICS, Bangladesh, UAE, Uruguay, Egypt
• HQ: Shanghai, China
• India is 2^nd largest recipient of NDB’s financial support after China.

ABOUT GIFT CITY

• GIFT (Gujarat International Finance Tec-City) City is located in Gandhinagar, Gujarat.
• It consists of a multi-service Special Economic Zone (SEZ), which houses India’s first International Financial Services Centre (IFSC) and an exclusive Domestic Tariff Area (DTA).
• GIFT city is envisaged as an integrated hub for financial and technology services for India and the world.

 ANSWER: C

• World Schizophrenia Awareness Day is observed every year on May 24^th.
• It was first observed in 1984 by the World Health Organization (WHO) and other organizations

ABOUT SCHIZOPHRENIA

• Schizophrenia is a chronic, severe mental disorder that affects the way a person thinks, acts, expresses emotions, perceives reality, and relates to others.
• It mostly affects young adults in the productive age group.
• One in every 100 people experiences schizophrenia.
• Men are twice as likely to develop this condition as compared to women.
• Symptoms differ from person to person, but they generally fall into three main categories:
  • Psychotic symptoms– Hallucinations, Delusions, thought disorder, Movement disorder.
  • Negative symptoms– loss of motivation, loss of interest or enjoyment in daily activities, withdrawal from social life, difficulty showing emotions, and difficulty functioning normally.
  • Cognitive symptoms– problems in attention, concentration, and memory.
• There is no cure for schizophrenia. However a variety of antipsychotic medications are effective in reducing the psychotic symptoms.

 ANSWER: A

• Many migrant workers appeared in examination under Changathi project of Kerala Literacy Mission.
• The project has been envisaged by the literacy mission for teaching migrant labourers to read and write Malayalam and Hindi.
• It is designed to address the exclusion faced by migrant labourers in society, this program aims to teach them to read and write Malayalam and Hindi.
• The programme was first launched on August 15, 2017, in Perumbavoor, Kerala.
• Examination was conducted based on ‘Hamari Malayalam’, a textbook specially prepared by the literacy mission for the purpose.

 ANSWER: D

• Iran recently unveiled the latest iteration of its liquid-fuelled Khorramshahr ballistic missile amid wider tensions with the West over its nuclear program.
• The Khorramshahr-4 is named after an Iranian city that was the scene of heavy fighting during the Iran-Iraq War in the 1980s.
• It is a surface to surface ballistic missile developed by Aerospace Industries Organisation under Iranian Defence Ministry.
• The missile also is called Kheibar, after a Jewish fortress conquered by the Muslims in the 7th century — in what is now Saudi Arabia.
• The missile has a 2,000-kilometre range with a 1,500-kilogram warhead.
• It could be prepared for launch in a short period.
• It is modeled after North Korea’s Musudan ballistic missile.

 ANSWER: B

• Microsoft has launched Jugalbandi, a generative AI-driven multilingual chatbot accessible via popular messaging platform, WhatsApp.
• The chatbot has been developed by AI4Bharat in collaboration with IIT Madras.
• The bot has been especially made to cover areas of rural India.

 ANSWER: C

• The Internet and Mobile Association of India (IAMAI) has elected Harsh Jain, as its new Chairman.
  • He is the founder of Dream11, a leading online fantasy gaming platform.
• Rajesh Magow of MakeMyTrip has been appointed as the vice chairperson, and Satyan Gajwani of Times Internet will serve as the Treasurer.
• Internet and Mobile Association of India (IAMAI) is a not-for-profit industry body registered under the Societies Registration Act, 1860.
• Mandate– to expand and enhance the online and mobile value-added services sectors.

ANSWER: A

• An inter-state dispute is imminent between HP and Punjab Government regarding Punjab Government’s Shanan project in Mandi.
• HP govt. says that the 99-year-old lease of the project and its assets given to Punjab by the then ruler of Mandi, Raja Joginder Singh Bahadur, was to come to an end on March 2, 2024.
• Punjab government on the other hand says that hydro project was given to Punjab as per Section 48, sub-clause 1 of the Punjab Reorganisation Act.
• The ending of 99-year-old lease that HP Government is referring to, becomes null and void after Independence.
• The lease was made in the year 1935 before India became an independent nation. This is an already settled issue with the Government of India admitting on two occasions that the project belongs to Punjab.

ABOUT THE PROJECT

• The Shanan project (Uhl river hydroelectric project) is believed to be worth Rs 1,600 crore and it generates 110 MW of power.
• When it was built in 1932, it had an installed capacity of 48 MW.
• This was enhanced by the Punjab Government in 1982.