Current Affairs Quiz - March, 2020

Notes:
The Prime Minister of Russia recently announced that the country will create a $4 billion (300-billion rouble) anti-crisis fund with an aim of protecting its economy from the coronavirus attack.
He also announced that Russia may miss its growth targets this year and international markets have been crashed by the impact of the virus. Huge drop in the price of Russia’s main export, Oil has made its economy dip and made its currency rouble being pegged at four-year lows against the dollar. The country is set to unveil new support measures would include tax breaks for tourism companies and airlines.

Notes:
Business application Khatabook entered into a strategic partnership with former Indian cricket team captain Mahendra Singh Dhoni.
M.S.Dhoni is set to invest in the firm and also serve as their brand ambassador. Khatabook is an application which helps MSMEs to streamline their business transactions online. The start-up firm has recently crossed 2 crore registered merchants on its app.

Notes:
The Reserve Bank of India recently announced that it will regulate the entire activities of Payment Aggregators (PAs). Payment Aggregators enable the e-commerce sites and merchants to accept various payment instruments from the customers.
As per the guidelines on regulation of PAs and Payment gateways (PGs), the existing PAs should attain a net-worth of Rs 15 crore by March 31, 2021 and a net-worth of Rs 25 crore on or before March 31, 2023. Thereafter the net-worth of Rs 25 crore shall be maintained at all times.

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:
Microsoft India and NASSCOM Foundation partnered to launch the ‘Innovate for Accessible India’ campaign. The campaign aims at empowering people with disabilities with the technology required for better access to equal opportunities.
The campaign invites applications from students, citizens and social organisations to build customised solutions that address challenges faced by people with disabilities. The ten best solutions will be provided mentoring support by Microsoft and NASSCOM Foundation, along with financial grants.

Notes:
The President of Iraq Barham Salih has appointed Adnan al-Zurfi as the country’s new prime minister-designate.
This announcement has been provided amidst the months-long political crisis prevalent in Iraq. Within 30 days, Al-Zurfi has to form his cabinet which shall be put to a vote of confidence in Iraq’s Parliament. Al-Zurfi would replace caretaker Prime Minister Adel Abdul Mahdi, who quit in December following widespread mass demonstrations against the government.

Notes:
Karan Bajwa has been recently appointed as the Managing Director of Google Cloud in India. Prior to this appointment, he was serving as the Head of IBM’s India operations. He has also worked in Microsoft for nine years before that.
In this new role, Karan Bajwa will be responsible for monitoring all revenue and market operations for Google Cloud’s solution portfolio.

Notes:
The World Happiness Report is published by the United Nation’s Sustainable Development Solutions Network. This year, the report has ranked Finland as the happiest country for the third time in a row.
People in 156 countries were asked to evaluate their own levels of happiness while measures like GDP, social support, personal freedom and levels of corruption were also considered to arrive at a score. This year, the rankings are based on data collected in 2017-2019. India is ranked 144 in the list of 156 countries.

Notes:
The State government of Himachal Pradesh recently launched two initiatives namely Police Station Visitor Survey System and e-Night Beat Checking System for Himachal police.
The Visitor survey system would be used for the surveillance of visitors visiting the Police Stations, Police Posts and all police units and will help in creating a database of visitors. The Night Beat Checking system for the Police Department would help the State Police to keep track of the suspected vehicles and criminals who move in the night.

Notes:
The Punjab government on Saturday granted permission to distilleries to manufacture and supply sanitisers in wake of the rise in coronavirus cases in the state.
Punjab Food and Drug administration Commissioner recently announced that the permission for a period of 10 days and has been granted purely on a temporary basis. The manufacturers shall supply the sanitisers to government institutions in the state of Punjab only.