Current Affairs Quiz - April, 2020

Notes:
The Reserve Bank of India recently directed all banks to extend the benefit of interest subvention and prompt repayment incentive to short term crop loans, to the accounts which have become due or will become due between March and May 2020.
The government offers an interest subvention of two percent per annum to banks and an additional 3 per cent interest subvention to farmers who pay their loans promptly. Hence the effective rate of interest is 4 per cent.

Notes:
The Cabinet Committee on Economic Affairs, chaired by Prime Minister has recently approved the fixation of Nutrient Based Subsidy (NBS) rates for Phosphatic and Potassic (P&K) Fertilizers for the year 2020-21.
Inclusion of the new complex fertilizer, Ammonium Phosphate has also been approved by the CCEA. Rs. 22,186.55 crore would be spent for releasing subsidy on P&K Fertilizers during 2020-21. Through the Nutrient based Subsidy scheme, Government provides subsidy to the fertiliser company, enabling them to sell to farmers at subsidised rate.

Notes:
The 73rd Constitutional Amendment Act passed by the Parliament in April 24 1992 provided constitutional status to the Panchayati Raj Institutions of the country.
The status was given through inserting Article 243 to Part IX of the Indian Constitution. To commemorate the occasion, 24 April is celebrated as the Panchayati Raj Day, across the country. The act added certain provisions in constitution including forming Gram Sabha in a village or group of villages; constitution of Panchayats at village levels and direct elections to all seats in Panchayats.

Notes:
An e-office application called ‘e-karyalay’ has been launched by Central Industrial Security Force (CISF) to prevent coronavirus infection.
The e-office application enables digital movement of files in offices, which is similar to the physical and traditional file movement in CISF offices. The application has been developed by the in-house technical team and they have also created the data recovery site.

Notes:
The Kusuma School of Biological Sciences (KSBS) of Indian Institute of Technology (IIT), Delhi has developed a COVID-19 test kit and it has been approved by the Indian Council of Medical Research (ICMR), thereby becoming the first institute to be approved for a real-time kit.
The test kit, which tests the swab of the suspected patient is also claimed to be more affordable than the other kits available. Commercial production can be easily done as the kit does not require fluorescent probes, as per the researchers.

Notes:
The state of Odisha has launched a portal for registration of migrant workers to contain the spread of Covid-19 pandemic, as over five lakh migrant workers are expected to return to the state after lifting the lock-down.
Forms are available in the portal covid19.odisha.gov.in and in every gram panchayat for registration of names and address of the workers who want to return to Odisha.

Notes:
Retired IAS officer and the secretary to the President since 2017 has been appointed as the Central Vigilance Commissioner of India.
The post of the chief of the Central Vigilance Commission (CVC) has remained vacant since June 2019 after the tenure of K V Chowdary was over. The name of Kothari was recommended by a high-level selection panel headed by Prime Minister Narendra Modi. The process was claimed as unconstitutional by opposition parties as Sanjay Kothari was not an applicant not been shortlisted.

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:
Veteran Congress leader and former Governor of Bihar and Tripura, Devanand Konwar passed away recently at the age of 86. He served as the governor of Bihar from 2009 to 2013 and the Governor of Tripura from 2013 to 2014.
He had also served as governor (additional charge) of West Bengal from 2009 to 2010. He was the Cabinet Minister in the state of Assam. Prior to that, he was an advocate in the Supreme Court of India and a Government Advocate for many North-Eastern states in the Guwahati High Court.

Notes:
Pitch Black is a biennial multilateral air combat training exercise hosted by the Royal Australian Air Force (RAAF).
The exercise was recently in news as Australia has informed India recently that the training exercise Pitch Black 2020, which was scheduled from July 27 to August 14 has been cancelled due to the COVID-19 pandemic. The next edition of the exercise is scheduled in the year 2022.