Current Affairs Quiz - May, 2023

Notes:
According to new data on global military spending published today by the Stockholm International Peace Research Institute (SIPRI), the United States, China and Russia are the three largest spenders in 2022.
Total global military expenditure increased by 3.7 per cent in real terms in 2022, to reach a new high of USD 2240 billion. Military expenditure in Europe saw its steepest year-on-year increase in at least 30 years.

Notes:
Advantage Healthcare India (AHCI) is a leading event in South East Asia focused on the medical value travel industry. It is a 2-day event held at Pragathi Maidan, New Delhi at the side lines of G20 meetings.
The aim of the event was to create a a platform for all important stakeholder groups across the health care industry, ensuring rich takeaways and immense learning and networking opportunities for all participants.

Notes:
The World Intellectual Property Day is observed every year on April 26. It raises global awareness about intellectual properties and their protection.
The WIPO convention came into effect in 1970 and, in the year 2000, WIPO’s member states declared April 26 as World Intellectual Property.

Notes:
The Cyber National Mission Force (CNMF) comes under the aegis of the US Department of Defense. It is responsible for combating foreign malicious cyber actors and aiding foreign governments fight hackers.
The United States is sending more of its cyber forces abroad to help foreign governments fight hackers. In the last three years, CNMF has conducted 47 such defensive operations across 20 countries.

Notes:
The QUAD Summit 2023 will be organized in Sydney on May 24 this year. This summit will be the third in-person meeting between the leaders of QUAD countries.
QUAD group includes the US, Australia, India and Japan. The first two Quad meetings were held in the US and Japan and this is the first time Australia will be hosting the meeting.

Notes:
Navratna Companies are public sector companies that are given financial autonomy to invest up to Rs.1,000 crore without the Indian government’s approval.
The Union Finance Ministry recently upgraded the status of the Rail Vikas Nigam Limited (RVNL) from Category-I Miniratna to Navratna Central Public Sector Enterprise (CPSE).

Notes:
Quasars are short for “quasi-stellar radio sources”, and they were first discovered six decades ago. They are in supermassive black holes, at the centre of galaxies.
A quasar is an extremely luminous and powerful active galactic nucleus. According to a new study, the collision of two galaxies is likely to ignite a quasar.

Notes:
The Food and Agriculture Organization (FAO) recently released a report titled “Contribution of terrestrial animal source food to healthy diets for improved nutrition and health outcomes”.
According to this report, animal food products like meat, eggs and milk can help achieve global nutrition targets.

Notes:
Asteroid Phaethon, which was discovered in 1983, produces the annual Geminid meteor shower.
New research has found that its close encounter with the Sun causes the vaporization of the sodium within the asteroid, resulting in comet-like activity.

Notes:
United Arab Emirates and the Kingdom of Cambodia have finalised the terms of a Comprehensive Economic Partnership Agreement (CEPA).
The UAE will benefit from the agreement by exporting machinery, oils and lubricants, and cars and automotive parts.