Current Affairs Quiz - March, 2020

Notes:
As per the recent information from the Union Defence Ministry, the share of Indian companies in contracts awarded by the Union Defence Ministry for procurement of defence equipment is 75.03 per cent in 2019-20.
The share has increased from 39.06 per cent in 2015-16 to 75.03 per cent in 2019-20 as the Ministry tries to procure indigenously manufactured equipment to the maximum extent. In the last five years 158 contracts were signed with Indian vendors against 100 foreign contracts.

Notes:
Veteran journalist Patil Puttappa who was fondly known as Papu, passed away recently at the age of 99. He was an ardent follower of Gandhian principles and a Khadi activist.
Patil Puttappa had also served as a former Rajya Sabha member. He remained as a strong representative of Kannada and had received several prestigious awards including the Karnataka Rajyotsava Award, T.S.R. Award, and “Nadoja’. He had recently been presented the ‘Basava Award’ by the Chief Minister of Karnataka.

Notes:
A bench headed by Justice DY Chandrachud pronounced the landmark judgment, which ordered the government to grant permanent commission to female officers in Indian Navy.
After Indian Army, the female officers of Indian Navy are also to be granted permanent commission, which will let them serve for 14 years against the Short Service Commission (SSC), in which they retire in 10 years.

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:
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 Reserve Bank of India (RBI) has extended the validity of authorization issued to IT service management company Vakrangee, to setup, own and operate the White Label ATMs (WLA) in India.
The validity of authorization has been extended till 31 March 2021. RBI has assigned a target of minimum 1,000 ATMS to be deployed by Vakrangee for three years starting from 2020, with the stipulated ratio in Metro & Urban, Semi-Urban and Rural regions.

Notes:
Union Defence Minister Rajnath Singh unveiled an updated manual DPP-2020 (Defence Procurement Procedure-2020).
For the last 18 years, this DPP is the procurement manual that has been used for governing the purchase of weapons and equipment from the defence capital budget. The 2020 draft version aims to promote more indigenous content in defence equipment which are manufactured in India. It also introduced ‘leasing’ as another category to make defence equipment affordable.

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 Ministry of Electronics and Information Technology is to organise the first Global AI Summit in India (RAISE 2020).
This was in news recently, as the AI summit was postponed to October 5-6, 2020 due to the rising number of cases of Covid-19. It was initially scheduled to be held in the month of April. The summit is to be attended by academics, AI start-ups and big tech firms.

Notes:
Senior leader of the Bharathiya Janata Party, Shivraj Singh Chauhan recently took oath as the Chief Minister of Madhya Pradesh for the fourth time.
The leader had ruled the state for nearly thirteen years, before Kamal Nath won in the assembly elections in December 2018. Now Kamal Nath has resigned after 22 rebel MLAs who were the supporters of Jyotiraditya Scindia, who recently joined BJP, resigned.