Current Affairs Quiz - April, 2020

Notes:
The UN General Assembly resolution adopted a resolution, drafted by Mexico, on fair, transparent and equitable access to essential medical supplies and any future vaccines developed to fight COVID-19.
India along with another 174 countries co-sponsored the resolution, among the 193 members of the assembly. The resolution was titled ‘International cooperation to ensure global access to medicines, vaccines and medical equipment to face COVID-19’.

Notes:
The state of Mizoram has launched a mobile application named ‘mCOVID19’, which enables easy transportation of essential goods by the truck drivers to the state from other states.
The new application will act as the online license or pass for the truck drivers. The drivers of the interstate-vehicles will be screened at the entry point. On registering with the application, they will be generated a license called mPASS. An sms with information about the goods and place, will be sent along with a mPASS id, which will be stored at the entry point.

Notes:
As per the notification of the Shipping Ministry, the government has approved reconstitution of the National Shipping Board. It is the highest advisory board on matters associated with Indian shipping.
The reconstituted board with 16 members is to be headed by Malini Shankar, former Director General of Shipping. Other members include representatives from the Ministry, Indian Navy and Indian Coast Guard, National Union of Seafarers of India, Maritime Union of India representative, Thakur and National Ship Owners’ Association.

Notes:
The UN body for Trade and Development, UNCTAD recently released a report titled ‘From the Great Lockdown to the Great Meltdown’.
In the report, the agency highlights that the repayment of the developing countries towards their public debt will amount to between 2.6 trillion and 3.4 trillion in 2020 and 2021. It also proposed a global debt deal to prevent Covid-19 pandemic from aggravating economic disaster.

Notes:
The CRISIL rating agency has recently released a report, which slashed the GDP forecast of India to nearly half from its previous estimate to 1.8 per cent for 2020-21.
The agency also estimated that the total losses to be faced by the country would be Rs 10 lakh crore or Rs 7,000 per person due to the impact of the lockdown imposed to curb the spread of Covid-19. The agency also asked the government to increase the stimulus response and support.

Notes:
Bio-con Founder cum Chairperson Kiran Mazumdar-Shaw has recently been named in the ‘Medicine Maker Power List 2020’.
The list celebrates 60 leaders across the world, who had significantly contributed and innovated in the field of biopharmaceuticals. Kiran Mazumdar-Shaw has been ranked in the prestigious list for six years in a row, since 2015.Recently, she has received EY’s ‘Entrepreneur of the Year’ award.

Notes:
United Kingdom recently launched a new scheme called ‘Bounce Back Loan Scheme’, to assist the small businesses of the country to tackle the impact of Covid-19 pandemic.
The Finance Minister of UK launched this state-backed fast-track finance scheme in the House of Commons. Under the new scheme, small businesses can borrow between 2,000 pounds and 50,000 pounds as interest-free loans. The support schemes released in the last few weeks had provided about 15 billion pounds for business revamping.

Notes:
Global Telecom giant Nokia has recently partnered with the leading telecom services company Bharti Airtel in India, to enhance network capacity.
As per the multi-year agreement claimed to be worth about $1 billion, the Single Radio Access Network (SRAN) solution of Nokia is to be deployed across nine circles in India. This partnership would help Airtel in enhancing its 4G network capacity and introduction of 5G connectivity in the future.

Notes:
Basava Jayanthi, the birth anniversary of the 12th century poet, philosopher and social reformer, Lord Basaveshwara, is prominently celebrated in the state of Karnataka.
Also called as Basavanna, he was the founding saint of the Lingayat sect. He was also known for establishing a spiritual democracy called ‘Anubhava Mantapa’ in the 12th century. The era starting from his birth-year is also called as the Basava era in the state.

Notes:
A new high-pressure ventilator named VITAL (Ventilator Intervention Technology Accessible Locally) has been developed by the engineers at NASA’s Jet Propulsion Laboratory.
VITAL has been designed to treat patients with milder symptoms so that the traditional ventilators may be used for critical patients. The device has passed a critical test and waiting for the fast-track approval from FDA.