Current Affairs Quiz - March, 2020

Notes:
The two-day International Conference on Standardisation of Diagnosis and Terminologies in Ayurveda, Unani and Siddha Systems of Medicine-ICoSDiTAUS-2020 recently concluded in New Delhi.
The “New Delhi Declaration on Collection and Classification of Traditional Medicine (TM) Diagnostic Data” was adopted in the conference. As many as 16 countries participated in the conference. This is the biggest ever international event dedicated to standardisation of diagnosis and terminologies.

Notes:
Indian private sector lender IndusInd Bank recently announced that the Reserve Bank of India (RBI) has approved the appointment of Sumant Kathpalia as the Chief executive.
Sumant Kathpalia is currently serving as the head of Consumer banking business of the bank. He is to replace the incumbent Chief Executive Romesh Sobti and to take charge from 24 March, 2020 for three years.

Notes:
As per the recent report by online payment processor Worldline India, Bengaluru accounted for the highest number of digital transactions in India in 2019.
Bengaluru, which was the leading city in digital transactions in 2018, is followed by Chennai, Mumbai and Pune this year. The report also revealed that United Payments Interface (UPI) was the most preferred mode of payment, followed by debit cards and immediate payment service (IMPS).

Notes:
The Uttar Pradesh assembly Speaker recently announced that the state’s MLAs’ Local Area Development Fund (MLALAD Fund) to Rs.3 Crore per annum.
The fund has been increased from the previous limit of Rs. 2 Crore a year. This hike in the limit is expected to accelerate the developmental activities made in the constituencies. In 2018, the state government had increased MLALAD funds from Rs 1.5 crore to Rs 2 crore per annum

Notes:
Recently, Norway’s Minister of International Development Dag-Inge Ulstein, during his three-day visit to India participated in Mithi river clean-up with the environmental activist Afroz Shah.
Afroz Shah is an environmental activist from Mumbai, Maharashtra. He is known for organising the largest beach clean-up drive. He was also awarded the ‘UN Champions of the Earth’ award for the same, in 2016. He had earlier been to Norway for a beach clean-up programme.

Notes:
World number one Novak Djokovic has recently won the Dubai Tennis Championships for the first time since 2013.
In the summit match of the men’s singles, the 32-year-old Serb star defeated Stefanos Tsitsipas in straight sets and clinched the title. Novak has now won 21 matches consecutively. In 2010-11, he had won 43 matches consecutively.

Notes:
China-based consumer electronics firm and smartphone manufacturer OPPO recently announced its mutual fund platform named ‘KASH’.
The ‘OPPO Kash’ service, which will be pre-installed in all OPPO smartphones, will offer users to invest in mutual funds. The platform will also provide free credit reports, personal loans up to two lakh, business loans up to ₹2 crore and screen insurance.

Notes:
China has recently taken over as the President of the UN Security Council for the month of March 2020.
The Security Council was established by the UN Agreement to maintain international peace and security. The council has 15 members (5 permanent and 10 non-permanent members for two-year terms). The 15 members assume presidency every month in a rotation basis.

Notes:
The Banking Regulation (Amendment) Bill, 2020 was introduced in the Lok Sabha by Finance Minister Nirmala Sitharaman.
This proposed bill is expected to provide more powers to the RBI for regulating cooperative banks. The bill seeks to strengthen cooperative banks by improving professionalism, access to capital and banking practices through the RBI. The administrative issues will remain to be guided by the Registrar of Cooperative.

Notes:
The second phase of the Swachh Bharat Mission (Grameen) was recently launched by the Union Jal Shakti Minister Gajendra Singh Shekhawat. The total project outlay is Rs 1,40,881 crore.
Phase II will focus on effective solid and liquid waste management (SLWM) in every gram panchayat of the country. SBM Phase II is to be implemented from 2020-2021 to 2024-2025.