Current Affairs Quiz - April, 2020

Notes:
The Fitch Ratings Agency has recently slashed its growth forecast for India in the financial year 2020-21 to 0.8%, amid the estimated severe global recession.
Earlier, the ratings agency had estimated the forecast for India to be 2%, which was claimed to be the lowest forecast for thirty years. The agency estimated that the economy of China would grow at 0.7% in 2020-21.

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:
According to the report titled “World Leaders on Facebook” released by global communications agency BCW (Burson Cohn & Wolfe), US President Donald Trump topped the rankings for the most interactions in his Facebook page over the past 12 months, with 309 million comments, likes and shares on his Facebook page.
Brazil’s president Jair Bolsonaro with 205 million interactions, followed Trump. Indian Prime Minister Narendra Modi is the most popular world leader on Facebook with 44.7 million likes on his page. 721 Facebook pages of the international heads were analysed using the CrowdTangle tool of Facebook.

Notes:
In its latest circular, the labour and employment ministry has notified that the banking industry is classified as a public utility service for six months with effect from April 21. The Department of Financial services also notified about the classification of the labour ministry.
This declaration has been made under the provisions of the Industrial Disputes Act. After being placed under this act, the people working in banking sector would not be able to participate in any strike during the said period.

Notes:
As per the latest data from the US Treasury Department, Japan was the largest holder of US securities worth over $1.268 trillion at February end.
It was followed by China with securities worth $1.092 trillion. India is at the 13th position in terms of holding securities. India’s holding of US government securities rose by $13 billion in a month to record high of $177.5 billion at February end. The overall holding of India increased by $33.2 billion in the last year.

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.

Notes:
The chemical exports of India increased by 7.43 per cent to 2.68 lakh crore rupees during April-January period of the last fiscal.
The chemical industry became the top exporting sector of the country for the first time. The export of chemicals in the said period constitutes 14.35 per cent of the total exports. This was announced by the Union Minister of Chemicals and Fertilizers.

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:
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:
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.