Current Affairs (April 2020) Flashcards
RBI has announced the allocation of ____ as special refinance facilities to All India financial institutions (AIFIs) such as NABARD, SIDBI, NHB to enable them to meet sectoral credit needs.
Rs 50,000 crore
Out of total allocation of Rs 50,000 crore, ______ will receive the amount of Rs 25,000 crore
NABARD
All Members of Parliament (MPs), including Prime Minister and his Council of Ministers, would be taking a salary cut ____ due to the impact of the novel coronavirus.
30%
CEO of Twitter ____ pledged to donate ____ to charities working towards combatting the global COVID-19 pandemic in April 2020.
Jack Dorsey, $1 billion
Operation SHIELD launched in April 2020
S: Sealing of area H: Home quarantine I: Isolation of infected patients E: Essential services ensured L: Local sanitisation D: Door to door survey
- launched in Delhi
Lockdown in India was extended to ____ in April
3rd May, 2020
In the 2020 World Press Freedom Index, released by Writers without Borders, India was ranked _____.
142nd
- Norway topped
- Europe was the most favourable continent for media freedom, followed by America and Africa
In the World Economic Outlook report, IMF has reduced India’s GDP growth rate from 5.8% to _____ in the fiscal year 2020-21.
1.9%
In the World Economic Outlook report, IMF projected that the world economy will contract sharply by ____ in 2020, overshadowing the damages caused by the ______.
3%, 2008–09 financial crisis
Who is India’s Union Minister for Culture (I/C)
Prahlad Singh Patel
_____ is a part of the Vision 2024 of the Ministry of Culture, and raises awareness about the various intangible cultural heritage elements from different parts of India at national as well as international level.
National List of Intangible Cultural Heritage (ICH) of India
The Union Cabinet approved the amendment of the _____ Act to protect the healthcare service personnel & their property against the violence during epidemics.
Epidemic Diseases Act, 1897
- zero tolerance to any form of violence against healthcare service personnel as well as damage to property.
- Punishment of imprisonment for 3 months-5 years, & fine of Rs.50,000/- to Rs.2,00,000/-
New chief justice of Bombay High Court
Dipankar Datta
- replacing Bhushan Dharmadhikari
New chief justice of Meghalaya High Court
Biswanath Somadder
- replacing Mohammad Rafiq
New chief justice of Orissa High Court
Mohammad Rafiq
- replacing Sanju Panda
_____ released the Trends in World Military Expenditure, 2019 report.
Stockholm International Peace Research Institute (SIPRI)
The total global military expenditure rose by ____ % from 2018
3.6
- top spenders: US, China, India, Russia, Saudi Arabia
- first time TWO Asian states have featured on top
India spent ____ on defence in 2019.
$71.1 billion
- 2.4% of GDP
India ranks ____ in Open Budget Index 2019
53rd
- released by International Budget Partnership
- New Zealand topped, followed by South Africa and Sweden
_____ launched “DigiGen”, a digital banking platform where customers can digitally open a savings account and fixed deposit instantly, any time, anywhere.
Jana Small Finance Bank
Appointments Committee of the Cabinet approved the extension of tenure of all members and the current part-time chairman of the Bank Board Bureau (BBB) by _____.
2 years
The licence of _____ was cancelled by the Reserve Bank of India in April 2020.
Mapusa Urban Co-operative Bank of Goa Ltd.
______ was the 1st life Insurance Company in India to announce additional benefits related to COVID-19 for Policyholders and Agents at no additional cost.
Tata AIA Life Insurance
Under the provisions of the Industrial Disputes Act, the Banking Industry was declared by the Government of India as ______ for a period of 6 months starting in April.
Public Utility Service
- the banking sector would not see any strikes by the employees or officers
______ became one of the first non-bank companies to receive approval to enter into co-branding arrangements for Prepaid Instruments.
Transcorp International Ltd
- received approval from RBI to issue co-branded prepaid cards
Government of Andhra Pradesh issued a “Letter of Award” (LoA) to _____ for the development of greenfield international airport at ____.
GMR Airports Limited
Bhogapuram, Andhra Pradesh
TVS Motor Singapore Pte. Ltd has acquired the United Kingdom’s most iconic sporting motorcycle brand _____ in April 2020
Norton
- an all-cash transaction of £16 million.
_____ bought 9.99% stakes of Reliance Jio in April.
- bought for USD 5.7 billion
_____ would acquire a 29% additional stake in Max Life Insurance, increasing its stake in Max Life to 30%
Axis Bank
United States has announced ______ aid for India through the US Agency for International Development to help India in its fight against COVID- 19.
$2.9 million
Managing Director of International Monetary Fund, Kristalina Georgieva has named a group of prominent individuals to serve as her new External Advisory Group which includes former RBI governor, ______.
Raghuram Rajan
The ____ parliament passed the legislation to legalize the cannabis cultivation for medical and industrial purposes in April 2020.
Lebanese
Iran has successfully launched its first-ever military satellite named _____ into the orbit.
Noor
- launched by the Islamic Revolutionary Guard Corps [IRGC]
______ designed ‘Portable Multi-feed Oxygen Manifold (MOM)’ to supply oxygen to multiple patients at a time.
Naval Dockyard, Visakhapatnam