Current Affairs Quiz - March, 2020

Notes:
The competition authority of France recently slapped a record 1.1 billion euro (equivalent to $1.2 billion) fine on US tech major Apple.
The fine was imposed for the firm’s anti-competitive behaviour towards its independent retail distributors. The country’s authority announced that it found Apple prevented independent retailers in France from competing on price and allegedly used its economic power on them.

Notes:
The Indian Institute of Technology-Madras has recently launched a re-skilling programme for women called ‘Career Back 2 Women’.
The programme aims at offering 150 hours of training to re-skill women who have taken a break from their career. The certification course comprises of artificial intelligence, machine learning, cyber security data science and big data. This programme is done through the Institute’s Digital Skills Academy.

Notes:
A bill that seeks to convert three existing regulatory bodies under the Civil Aviation Ministry into statutory bodies was passed by Lok Sabha. The Aircraft (Amendment) Bill, 2020 was passed by a voice vote and the bill seeks to amend Aircraft Act, 1934.
The regulatory institutions, which are mentioned in the bill are DGCA (Directorate General of Civil Aviation), BCAS (Bureau of Civil Aviation Security) and AAIB (Aircraft Accident Investigation Bureau).

Notes:
Spanish football coach Francisco Garcia has recently passed away after contracting coronavirus, at the age of 21. He is also the youngest victim of the illness in the region.
Garcia was serving as the manager of Atletico Portada Alta’s youth team and he was tested positive for COVID-19 last week. During his treatment, it was found out that he was also suffering from leukaemia. All major football competitions like have been suspended due to coronavirus outbreak.

Notes:
The first Indian-origin Finance Minister of the United Kingdom Rishi Sunak unveiled a 330-Billion Pound Rescue Package, which aims to help the businesses of the country to survive the impact of the coronavirus pandemic.
The £330 billion of loan guarantees will help them meet their day to day needs during the lock-down. He also extended a business rates holiday and cash grant to all businesses in the retail and hospitality sector for 12 months.

Notes:
The state government of Uttarakhand issued orders to remove reservation in promotions for SC/ST employees.
In the month of February 2020, the Supreme Court stated that the government is not bound to make reservations and claiming reservation in promotions is not a fundamental right. Now Uttarakhand government has implemented government order which bans reservation in promotion and removed the restriction in promotions in all state government departments.

Notes:
The Reserve Bank of India (RBI) is conducting Open Market Operations (OMO) in the form of purchase of Rs 10,000 crore worth government securities.
This important step of the central bank has been announced at the backdrop of the increased risks of COVID-19 pandemic. The operation would increase the liquidity in the Indian economy and would help the financial market segments which are affected by the economic risks.

Notes:
The Fifteenth Finance Commission is to set up a panel soon, which will examine the fiscal and debt situation of the Centre and states.
This panel is to be headed by the Chairman of the 15th Finance Commission N.K.Singh. It will present a road map on the lines of the erstwhile Fiscal Responsibility and Budget Management panel, which was also headed by N.K.Singh. The panel may include or receive suggestions from former RBI Governor Urjit Patel, former chief economic advisor Arvind Subramanian among others.

Notes:
In a ceremony at iconic Panathenaic stadium of Athens, Greece has handed over the Olympic flame to Tokyo 2020 organisers.
The ceremony did not include the planned cultural ceremonies from Greece or Japan, due to COVID-19 pandemic. The Governing Olympic body of Greece, Hellenic Olympic Committee’s President Spyros Capralos handed the torch over to the Tokyo Organising Committee. The Hellenic Olympic Committee organises the lighting ceremony of Olympic Torch and its relay in Greece.

Notes:
The United Nations introduced Language Days in 2010, to celebrate multilingualism and cultural diversity of various languages.
The United Nations celebrates six Language Days each year, dedicated to the six official languages of the UN, namely Arabic, Chinese, English, French, Russian and Spanish. Among them, the ‘French Language Day’ is celebrated on March 20, which marks the creation of the International Organization of La Francophonie (OIF).