Current Affairs Quiz - April, 2020

Notes:
The Indian government has extended term of board members of the Banks Board Bureau (BBB), for a period of two years beyond April 11 or until further orders whichever is earlier.
The Appointments Committee of the Cabinet has also approved to extend the term of existing part-time chairman B P Sharma. Bank Boards Bureau was constituted in 2016 to recommend appointment of whole-time directors and non-executive chairpersons of public sector banks (PSBs) and financial institutions owned by the government.

Notes:
Representatives of SAARC had a discussion on the impact of Covid-19 situation on intra-regional trade through video-conferencing.
The senior trade officials of all SAARC countries except Pakistan, also discussed the impact of travel restrictions. This is the follow-up of the first virtual meeting held on March 15. The eight member countries of the South Asian Association for Regional Cooperation (SAARC) are Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka.

Notes:
England all-rounder Ben Stokes has been recently named the ‘Leading Cricketer in the World’ in the 2020 edition of the Wisden Cricketers’ Almanack. He becomes the first English cricketer to win the award since 2005 after Andrew Flintoff.
Ben Stokes replaced the Indian skipper Virat Kohli who had won the award three straight times till last year’s edition. Australian all-rounder Ellyse Perry won the leading woman player in the world award. England’s Jofra Archer, South Africa’s Simon Harmer, Australians Pat Cummins, Marnus Labuschagne and Ellyse Perry were named as the five Wisden Cricketers of the year.

Notes:
The United Nations has recently released a report titled ‘Economic and Social Survey of Asia and the Pacific (ESCAP) 2020: Towards sustainable economies’.
As per the report, the GDP growth of India for the current fiscal is expected to dip to 4.8 per cent. The report also warned that the COVID-19 pandemic would result in adverse economic impacts globally. UN had earlier estimated the GDP growth of India at 5% for the current fiscal.

Notes:
According to the Digidhan Dashboard, launched by the Electronics and IT Ministry, the total transactions through the digital channels reached ₹4,116.74 crore in 2019-20, which is an increase by over 31 per cent from the last year.
As per the data, BHIM UPI has been the most popular means, with 30.19 per cent share in digital transactions amounting to ₹1,242.98 crore of payment. It was followed by prepaid instruments and debit cards in the second and third place.

Notes:
The Pension Fund Regulatory and Development Authority of India (PFRDA) recently announced that the National Pension System (NPS) subscribers will be allowed partial withdrawal for covering expenses related to COVID-19 treatment.
It also announced that COVID-19 would be declared as a critical illness which is life threatening in nature. PFRDA also announced that there is no provision for partial withdrawal for Atal Pension Yojana (APY) customers at present. Both NPS and APY are managed and run by PFRDA.

Notes:
Renowned folk and country singer of the United States, John Prine recently passed away at the age of 73, due to complications from Covid-19.
The singer was considered as one of the most influential and inspiring songwriters of his generation. The singer cum songwriter had very close association with his compatriots and singers Bob Dylan and Kris Kristofferson.

Notes:
India’s leading Private sector lender Karnataka Bank announced that it has received approval from the Reserve Bank of India (RBI) for reappointment of Mahabaleshwara M S as its MD and CEO for next three years, with effect from April 15.
The Reserve Bank has also approved the reappointment of P Jayarama Bhat as Non-executive Chairman up to November 13, 2021.

Notes:
In the North-eastern state of Manipur, a new initiative titled ‘Food Bank’ has been introduced, to provide free food to the poor and needy, amidst the lockdown due to coronavirus pandemic.
The Imphal East District Administration has been implementing this initiative, which aims to provide free food and essential items which were donated by the general public, to the beneficiaries. Other items like hand sanitisers and face masks are also being distributed.

Notes:
Atal Innovation Mission, NITI Aayog and National Informatics Centre (NIC) jointly launched a collaborative software system called ‘CollabCAD’.
The system provided a comprehensive engineering solution from two-dimensional drafting to three-dimensional product design. This software is aimed at enabling the students of Atal Tinkering Labs (ATLs) to create 3D designs, models and printing.