Current Affairs Quiz - April, 2020

Notes:
The Union Cabinet recently approved ₹15,000 crore for ‘India COVID-19 Emergency Response and Health System Preparedness Package’.
An amount of ₹7,774 crore has been kept as provision for immediate COVID-19 emergency response. The package is launched with an aim of developing diagnostics and COVID-dedicated treatment facilities, thereby slowing down the spread of coronavirus. The initiatives would be implemented under the overall umbrella of the Ministry of Health and Family Welfare.

Notes:
The World Bank recently announced that it estimates that remittances to South Asia will drop 22% by this year.
India is the largest recipient of remittances of the world, which increases the foreign exchange reserves of the country. The reserves are used to fund the current account deficit of the country. After the lock-down and the resulting economic slow-down, the loss of income of expatriate Indians who work in foreign countries will affect the remittances. About 12% of the total inflow is the remittances form people working abroad. The Bank also estimated that Global remittances would drop by 20%.

Notes:
The World Games was previously scheduled to be held in Birmingham, Alabama, United States in July 2021. It comprises of sports and events that do not fall under the Olympics.
As it was postponed to 2022 due to the coronavirus pandemic, the organising committee has recently unveiled an updated logo, website and title. ‘The World Games 2022’ is the modified title of the games, which will be held in July 2022.

Notes:
The Narcotic Drugs and Psychotropic Substances (NDPS) Act was making news recently, as the Supreme Court of India held that the quantity of the banned drug mixture will determine the punishment than its purity. Under the current provisions, higher punishment is awarded for possessing commercial quantity of the banned drugs than smaller quantity. The Act comes under the Finance Ministry.
A three-judge bench of Justices said that the 2008 verdict was not a good legislation which held that the actual weight of the banned substances to determine whether it is a small or commercial quantity under the NDPS act.

Notes:
The World Immunization Week 2020 is being celebrated from April 24 to 30, this year by the World Health Organisation.
The day is celebrated with an aim to promote the use of vaccines for protecting people across the world from diseases. The theme of this year’s week is Vaccines Work for All. The theme highlights the importance of vaccines and the persons developing them. WHO also announced that about 20 million children in the world today remain unvaccinated.

Notes:
The Prime Minister of India recently launched the SWAMITVA Scheme, on the occasion of National Panchayati Raj day. It was in news recently, as the Union Minister of Rural Development & Panchayati Raj Narendra Singh Tomar issued guidelines regarding the scheme.
SWAMITVA scheme aims to provide rural people with the right to document their residential properties by engaging the latest Drone surveying technology. It is currently being implemented in six states – Haryana, Karnataka, Madhya Pradesh, Maharashtra, Uttar Pradesh and Uttarakhand.

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:
Organisation for Economic Cooperation and Development (OECD) is an intergovernmental economic organisation which aims to stimulate economic progress and world trade. It is headquartered at Paris, France and has 36 member countries.
Recently, the President of the United States has nominated veteran Indian-American diplomat Manisha Singh as America’s next envoy to OECD. The diplomat had previously served in several significant positions which includes her present role as the Assistant Secretary of State for Economic and Business Affairs.

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.