Current Affairs Quiz - April, 2020

Notes:
The President of India Ramnath Kovind approved the promulgation of the ordinance which seeks to make the violent acts against healthcare personnel fighting COVID-19 pandemic as cognizable and non-bailable offence.
The ordinance amends the Epidemic Diseases Act, 1897 and provides for compensation for injury or for causing damage or loss to property. The acts of violence are punishable with imprisonment for a term of three months to seven years and with a fine of Rs. 50000 to 5,00,000, depending on the act.

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:
Indian Institute of Food Processing Technology (IIFPT) is a research and educational Institution under the Ministry of Food Processing Industries (MoFPI), with its main campus located at Thanjavur, Tamil Nadu.
The institute was seen in news recently, as it has been manufacturing nutrient-rich foods with indigenous products for COVID-19 patients who are placed in examination and those who recovered from the disease after treatment at Thanjavur Medical College, Tamil Nadu.

Notes:
Kolkata-based veteran theatre personality and Sangeet Natak Akademi awardee, Usha Ganguly recently passed away in Kolkata, at the age of 75.
Usha Ganguly was the founder of the unique theatre group named ‘Rangakarmee’ in 1976. She was famous for introducing an alternative Hindi theatre form in West Bengal, where people were only acquainted to Bengali theatre and English theatre.

Notes:
As per the recent announcement of the Union MSME Minister Nitin Gadkari, he has devised a scheme to set up a Rs 1 trillion fund, which is to be launched by the Government after the approval of Cabinet.
This fund will be utilised for repaying outstanding payments to MSMEs owed by the PSUs, central and state governments and major industries. This is also expected to increase liquidity in the market. As per his statement, the Ministry is also working on fast-tracking GST refunds to help MSMEs.

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 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:
Domestic Credit rating agency India Ratings and Research (Ind-Ra) has further decreased the GDP growth rate of India to 1.9% for the current fiscal. It had previously estimated the growth rate for this fiscal to be 3.6%. The estimate was significant as this would be the lowest GDP growth in the last 29 years.
The report also highlighted that in the absence of any stimulus measures from the government, the fiscal deficit would touch 4.4% of GDP in this fiscal 2020-21, the official target being 3.5%.

Notes:
‘World Day for Safety and Health at Work’ is being celebrated on 28 April, every year since 2003, across the world.
This year the theme/campaign on this special day is ‘Stop the pandemic: Safety and health at work can save lives’. The aim of celebration of this day is to highlight the prevention of accidents and diseases at work. 28 April is also the ‘International Commemoration Day for Dead and Injured Workers’.

Notes:
International Labour Organisation (ILO) has recently released a report titled ‘In the face of a pandemic: Ensuring Safety and Health at Work’. The report has been released on the occasion of World Day for Safety and Health at Work on April 28.
The report highlights the occupational safety and health (OSH) risks which are arising due to the spread of COVID-19. It also asked the governments to prevent the spread of Covid-19 in the work-places across the world.