Current Affairs Quiz - April, 2020

Notes:
Defence Research and Development Organisation has collaborated with the ESIC medical college & hospital, Hyderabad and developed the country’s first COVID-19 sample collection mobile lab.
The mobile lab has been named “Mobile BSL-3 VRDL Lab” and was inaugurated by the Union Defence Minister Rajnath Singh. The lab has been approved by the Indian Council of Medical Research (ICMR) and can process over 1000 samples a day. The lab has been developed in a record 15 days and can be positioned at any place.

Notes:
The UN Conference on Trade and Development (UNCTAD) recently released a report, which says that the repayments of developing countries on their public external debt in 2020 and 2021 will amount to $2.6 trillion and $3.4 trillion respectively due to the COVID-19 pandemic.
It also highlighted that this debt burden will create an additional stress for the developing countries, along with the rising health and economic needs during the pandemic. Earlier, UNCTAD announced a $2.5 trillion coronavirus package for developing countries.

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:
On April 24, 1990 NASA had launched Hubble Space Telescope, which is one of the longest-living observatories of the space agency.
Hubble is the first major optical telescope to be placed in space. NASA runs the observatory in partnership with the European Space Agency (ESA). The agency also announced that they will continue to operate Hubble as long it remains productive.

Notes:
Saudi Arabia has abolished flogging, which means beating with whips, as a punishment, as per the order of the Supreme Court. Hereafter, the judges will pronounce fines, jail sentences or community services as punishments.
Several Human rights activists have been condemning the Court-ordered floggings in Saudi Arabia, which sometimes extend to hundreds of lashes. Recently, a blogger named Raif Badawi was sentenced to 7 years in prison and 600 lashes and then resentenced to 10 years and 1,000 lashes. He later won the European Parliament’s Sakharov human rights prize.

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:
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.