Current Affairs Quiz - April, 2020

Notes:
Manila-based Asian Development Bank (ADB) is to invest $100 million equivalent in the National Investment and Infrastructure Fund-NIIF’s Fund of Funds.
ADB joins the Government of India (GOI) and Asian Infrastructure Investment Bank (AIIB) as an investor in one of the instruments of NIIF of India. NIIF is an investment platform for Indian and international investors where they are mandated to invest equity capital in domestic infrastructure.

Notes:
The state government of Jharkhand has launched a mobile application called ‘PRAGYAAM’ to issue e-passes to the people engaged in delivery of essential services during the national lockdown.
The country observes a 21-day nation-wide lockdown to combat the spread of coronavirus. After verifying and uploading the documents through this android-based application, the District Transport Officers will issue e-passes.

Notes:
Under the Interest Subvention Scheme, a subvention of two per cent per annum is provided for short-term crop loan of up to Rs 3 lakh per farmer.
As per the recent notification from the Ministry of Agriculture, as the government has extended the subsidy to banks till May 31, the farmers will be given a subvention of 2 % for short term crop loans up to Rs. 3 lakhs. The farmers who repay the loans promptly will continue to get the loans at 4 per cent.

Notes:
On the 125th anniversary of the Olympic Games in 2019, the International Olympic Committee (IOC) formally opened its new headquarters in Lausanne, Switzerland.
IOC was seen in news recently as the Tokyo Olympics which was scheduled to be held this July has been shifted to be held from July 23 to August 8 in 2021. IOC also announced that the Paralympics Games will be organised from August 24 to September 5, 2021.

Notes:
Domestic payment company BharatPe has partnered with ICICI Lombard General Insurance to launch the country’s first coronavirus insurance cover for merchants.
The insurance policy which can be purchased from the BharatPe mobile application aims to cover about 40 lakh shop-keepers, who are more prone to the coronavirus infection amid the lock-down. The health cover pays out 100% of the sum insured if they are tested positive for the pandemic for a premium of ₹199 for a ₹25,000 cover for one year.

Notes:
As per the new gazette notification under the J&K Civil Services (Decentralization and Recruitment) Act, a person who has resided in Jammu and Kashmir for at least 15 years will be eligible to be a domicile of the Union Territory.
The person who has studied for a period of seven years and appeared in class 10 or 12 examination in an educational institution based in the Union Territory will also be eligible to be a domicile.

Notes:
The Reserve Bank of India recently released some measures to deal with the consequence of the coronavirus pandemic. As per the new export norms, the exporters can take 15 months to realise their export proceeds, for exports made up to July 31 against the earlier 9 months.
RBI also increased the Ways and Means Advances limit for state governments and UTs by 30 % till September 30. It also said that the banks are not required to activate counter-cyclical capital buffers for one more year.

Notes:
Every year, the 2nd day of April has been observed as the World Autism Awareness Day, across the world.
According to the United Nations, the theme of the 2020 World Autism Awareness Day is “The Transition to Adulthood”. The UN Secretary General António Guterres announced that the rights of persons with autism must be taken into account in all responses to the COVID-19 pandemic.

Notes:
The current President of the United Nations Security Council is the Dominican Republic, which assumed rotating presidency of the council from China for the month of April.
As per the Ambassador of Dominican Republic, the 15-nation council is to meet for the first time before next week to discuss about the ongoing pandemic. The council has not held a meeting since the coronavirus pandemic hit the world and caused serious damages.

Notes:
The Government of India has recently launched a mobile application named ‘Aarogya Setu’, to enable people assess the risk of coronavirus infection.
The app is built in a public-private partnership mode and has been launched on both the Google Play Store and the Apple Store. The app assesses the risk of a person based on their interactions, by using Bluetooth technology and Artificial intelligence. The app will detect other devices with the same app installed near-by.