Daily Current Affairs Quiz 5 May 2022

c) Seychelles

LAMITIYE-2022 is a Joint Military Exercise between the Indian Army and Seychelles Defence Forces.

a) Indian Oil Corporation

Indian Oil Corporation (IOC) launched M15 petrol on a pilot basis in Assam’s Tinsukia district. It has a 15 per cent blend of methanol with petrol.
Methanol is being manufactured by Assam Petrochemical Ltd near the Digboi refinery. The government had earlier extended the timeline for the disbursement of loans and completion of projects related to ethanol. The Government also provides financial assistance in the form of interest subvention.

c) Reporters Sans Frontiers

World Press Freedom Index
It has been published every year since 2002 by Reporters Sans Frontieres (RSF) or Reporters Without Borders.
Based in Paris, RSF is an independent NGO with consultative status with the United Nations, UNESCO, the Council of Europe and the International Organization of the Francophonie (OIF).
OIF is a 54 french speaking nation’s collective.
The Index ranks countries and regions according to the level of freedom available to journalists. However, it is not an indicator of the quality of journalism.
India ranked 150th among the 180 countries.
Hence, option C is correct.

b) Denmark

The second India-Nordic summit was held in Copenhagen, Denmark on May 4, 2022. Indian Prime Minister Narendra Modi attended the summit along the prime ministers of Denmark, Finland, Iceland, Norway and Sweden. The summit primarily focused on post-pandemic economic recovery, climate change, renewable energy and the evolving global security scenario. The first such summit was held in 2018.

b) 3 only

The National Company Law Tribunal is a quasi-judicial body in India that adjudicates issues relating to Indian companies. The tribunal was established under the Companies Act 2013 and was constituted on 1 June 2016 by the government of India and is based on the recommendation of the Justice Eradi committee on law relating to insolvency and winding up of companies.

The National Company Law Tribunal is the adjudicating authority for insolvency resolution process of companies and limited liability partnerships under the Insolvency and Bankruptcy Code, 2016.

Decisions of the tribunal may be appealed to the National Company Law Appellate Tribunal, the decisions of which may further be appealed to the Supreme Court of India on a point of law. The Supreme Court of India has upheld the Insolvency and Bankruptcy Code in its entirety.