Current Affairs Quiz - April, 2020

Notes:
One of the largest Asset Management companies in India, the Franklin Templeton Mutual Fund has recently announced to have shut down six of its funds owing to market disruptions amid Covid-19.
The Association of National Exchange Members of India (ANMI) sought the intervention of the SEBI and Finance Ministry to protect investor capital in six mutual fund schemes. These funds collectively managed a corpus of over ₹25,000 crore.

Notes:
The Chief Minister of Andhra Pradesh YS Jagan Mohan Reddy recently launched a scheme in Amaravati, which seeks to provide loans to the women Self Help Groups (SHGs) of the state, at zero percent interest.
The Chief Minister released about ₹1,400 crore for the scheme, which is expected to benefit nearly 8.78 lakh SHGs. The interest component of ₹20,000 to ₹40,000 will be borne by the state government. At present, the SHGs borrow from banks at interest rate of 7 to 13 per cent.

Notes:
The World Health Organisation has announced an initiative called ‘Access to Covid Tools’ (ACT) Accelerator, which will be a collaborative step towards developing a vaccine and managing the pandemic.
Several heads of states and political leaders committed themselves to join this initiative and ensure the availability of vaccine and other drugs associated with Covid-19, to all countries of the world. The European Union will start the funding campaign from May along with European countries and Middle East countries.

Notes:
International Delegate’s Day has been celebrated on April 25 for the first time in the year 2020. It marks the seventy-fifth anniversary of the San Francisco Conference, a historic event which laid the foundations of the United Nations. It is also known as the United Nations Conference on International Organization.
The day is observed to raise awareness of the role of the representatives and delegates of the United Nations’ Member States.

Notes:
The Rohtang pass, is located at an altitude of 13,500 ft on the eastern Pir Panjal Range of the Himalayas. The pass which is strategically located to link Kullu valley with the Lahaul and Spiti valleys in Himachal Pradesh, has been opened to the general public by the Border Roads Organisation (BRO).
The BRO completed the snow-clearance process and opened the pass ahead of the target time. This will enable better transportation of essential supplies and relief materials to the remote areas.

Notes:
Union Health Secretary Preeti Sudan was seen in news recently because she has been given a three-month extension after the Central Government made a major top-level bureaucratic reshuffle.
Ms.Preeti Sudan who is at present the Secretary, Department of Health and Family Welfare, was due to superannuate on April 30. The reshuffling has been done amidst the coronavirus pandemic. About 23 senior IAS officers have been appointed as secretaries in different central government departments.

Notes:
According to the recent annual report of Stockholm International Peace Research Institute (SIPRI), the United States continue to be the highest military spender in the world in 2019 with $732 bn.
This is the first time two Asian countries China and India occupied the top-three positions. The military expenditure of China reached $261 billion in 2019, which is a 5.1% increase from the previous year. India’s expenditure rose by 6.8% to reach 71.1 billion.

Notes:
A unit of the top IT firm Tata Consultancy Services (TCS), TCS iON, has recently launched a free online self-certification course for frontline health workers, named ‘Corona Warriors’.
The health workers who are dealing with COVID-19 patients will be offered profession-specific modules. The digital course is available in English and it is offered through TCS iON Digital Learning Hub. The software venture of TCS, Digitate has also announced a platform called ‘ignio Cognitive Procurement’ to assist enterprises in decision making of purchases.

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:
The Union Ministry of Finance has established the International Financial Services Centres Authority (IFSCA), which will be headquartered in Gandhinagar in Gujarat.
This body will regulate all financial products and financial services in International Financial Services Centres (IFSCs) in the country against multiple regulators including RBI, SEBI, IRDA and PFRDA. The IFSCA will have a chairperson and one member each nominated by the regulators. It will also include two members from the central government and full-time or part-time members.