Page-7 of Current Affairs - May, 2020

World Steel report: India’s steel output declined by 65%

On May 24, 2020, the World Steel Association released the World Steel Report. According to the report, the crude steel report of India declined by 65%. During April 2020, the steel output of India was 3.13 million tonnes. Highlights In ..

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ICMR to replace HCQ with anti-HIV drug; Kangra Tea Suggested

The Indian Council of Medical Research recently revised its advisories on Hydroxychloroquine. The Council is considering to replace the drug with anti-HIV drugs. Highlights The HCQ drug was recommended for asymptomatic health care workers. However, the ineffectiveness and side effects ..

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GoI launches 5 initiatives towards Conservation of Biodiversity

On May 22, 2020, to celebrate the International Day for Biological Diversity, 2020, the Ministry of Environment, Forest and Climate Change launched five initiatives on conservation of biodiversity. Highlights The five initiatives include the following The “Biodiversity Samrakshan Internship Programme” ..

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Status Paper on Government Debt released

On May 22, 2020, the Ministry of Finance released Status Paper on Government Debt 2018-19. According to the report, the overall debt of centres and states declined by 68.7% in March 2018 to 68.6% in 2019. Highlights The Status Paper ..

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United Nations: India’s KHUDOL declared one of Top 10 Global Initiatives to fight COVID-19

On May 22, 2020, the United Nations listed the KHUDOL initiative of Manipur as one of the top 10 global initiatives to fight against COVID-19. Highlights KHUDOL is an initiative of a NGO called Ya_All. Under the initiative, the NGO ..

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Advisory on use of Hydroxychloroquine revised

On May 23, 2020, the Indian Council of Medical Research has revised its advisory on the use of HCQ (Hydroxychloroquine). Under the new advisory guidelines, the HCQ should be given only on the prescription of a registered medical practitioner. Highlights ..

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What is Treaty on Open Skies recently in news?

The US President Donald Trump recently announced that USA is to withdraw from Open Skies treaty. About the Treaty The Treaty on Open Skies was signed in 2002. The treaty established an aerial surveillance system for its participants. There are ..

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Monetary Policy Committee meets: Repo rate reduces to 4%

On May 22, 2020, the policy committee met in an emergency meeting to review the current economic outlook and impacts of COVID-19. Highlights The RBI has reduced the repo rate from 4.4% to 4%. It has reduced the reverse repo ..

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