RBI approves Mega Bank Consolidation Plan

The Reserve Bank of India is to implement a merger plan of 10 state-run banks into 4 larger banks from April 1, 2020. The Amalgamation of the banks had been notified by the GoI earlier of March 2020. Amalgamation Plan ..

Month: Current Affairs - March, 2020

FDA approves Convalescent Plasma Treatment for seriously ill COVID-19 patients

The Food and Drug Administration of the United States has approved the use of Convalescent plasma collected from patients recovered from COVID-19 to treat seriously ill COVID-19 patients. The idea of the method is to inject plasma with antibodies into ..

Month: Current Affairs - March, 2020

Ministry of Defence: One Day Salary to PM-CARES Fund; Rs 500 crore contribution

On March 29, 2020, Ministry of Defence approved the proposal to contribute one day salary of the employees to the PM-CARES fund. This will amount to Rs 500 crores. Highlights The salary will collectively include funds from Army, Air Force, ..

Month: Current Affairs - March, 2020

Current Affairs Quiz: March 28-29, 2020

Supreme Court Extends Deadline of Transition from BS IV to BS VI

With the Nation-wide Lock Down to contain the spread of Corona Virus, the Supreme Court extended transition from BS IV to BS VI by 10 more days. Initially the deadline was March 31, 2020. However, the order does not apply ..

Month: Current Affairs - March, 2020

Amazon Quiz Time Answers-29th March 2020

The Rajya Sabha passed ‘The Mineral Laws (Amendment) Bill, 2020’, which proposes to commercialise the mining of which mineral? Answer: Coal The Indian Navy recently supplied essential food and relief materials to which flood-hit country? Answer: Madagascar Who recently broke ..