Current Affairs Quiz - April, 2020

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:
‘Khongjom Day’ is commemorated in the state of Manipur every year on April 23, to pay tribute to war heroes of the state, who fought to protect the freedom of the state.
The state remembers the military heroes who sacrificed their lives in the Anglo-Manipuri War 1891 against the British. The state government observed ‘Khongjom Day’ at Khongjom War Memorial Complex, Thoubal district, where the battle was held.

Notes:
English Language Day at the United Nations is celebrated annually on 23 April, the birthday and date of death of William Shakespeare. English is one of the two working languages of the UN, while UN has six official languages.
Along with English language day, Spanish Language Day is also celebrated, to raise awareness about the history, culture and use of Spanish. April 23 is also the death anniversary of the Spanish legend Miguel de Cervantes.

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:
India’s central bank, the Reserve Bank of India (RBI) has announced a ₹50,000-crore special liquidity facility for mutual funds.
The package has been released at the backdrop of the shutting down of six debt funds by the Franklin Templeton Mutual Fund. Banks can borrow the 90-day funds from RBI at the current repo rate of 4.4% and use it to exclusively on-lend to mutual funds. The banks can also purchase investment grade corporate papers held by Mutual Funds.

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:
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 Government Hospital of Ernakulam, Kerala has deployed a robot named ‘KARMI-Bot’, to serve food and medicines to coronavirus patients in the Covid-19 isolation wards.
The robot has been introduced to reduce risk of the doctors and health workers from being contracted to the coronavirus. Asimov Robotics, a start-up company working under the Kerala start-up mission, has developed the robot. It is also designed to collect trash, disinfect the room and enable video call between the doctor and patients.

Notes:
The Ministry of Shipping in its recent statement has announced a compensation of Rs 50 lakh for people employed with major ports in the country.
Under the plan, direct employees as well as contractual labourers are covered. In case they lose their lives to Covid-19, the government will pay an ex-gratia compensation to the dependent members or legal heirs of the port employees. India has 12 major ports situated along the eastern and western coasts.

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.