Current Affairs Quiz - March, 2020

Notes:
According to the Bloomberg Billionaires Index, the founder of e-commerce major Alibaba Group, Jack Ma gained the top position in Asia, replacing Reliance Industries Chairman Mukesh Ambani.
Mukesh Ambani gave up 5.8 billion from his net worth due to the recent freefall in oil prices. The severe impact of the COVID-19 epidemic and the recent crash in the oil markets made him follow the Chinese billionaire Jack Ma. Ambani’s current net worth amounts to 41.8 billion whereas that of Jack Ma amounts to $44.5 billion.

Notes:
As per the recent announcement from Minister for Personnel, Public Grievances and Pensions Jitendra Singh, there shall be a common eligibility test (CET) from 2021 for applicants for jobs in railways, banks and lower levels of Central government jobs.
The Centre is to set up an autonomous National Recruitment Agency (NRA) to conduct this online test. The CET is expected to replace the first level tests conducted by the Staff Selection Commission (SSC), the Railway Recruitment Board (RRB) and the Institute of Banking Personnel Selection (IBPS).

Notes:
Renowned poet and Malayalam scholar Puthussery Ramachandran recently passed away at the age of 91. He played an instrumental role in making Malayalam getting recognised as a classical language by the union government in 2013.
Ramachandran has won several prestigious awards, including the Sahitya Akademi award, the Ezhuthachchan Puraskaaram in 2015, Kerala Sahitya Akademi award among others. He was also associated with the Communist movement of Kerala.

Notes:
The Central bank of the United States-the Federal Reserve has recently cut its benchmark interest rate to almost zero.
The Fed Reserve also announced that it would buy $700 billion in bonds to ease the economic activities. The bank also said that it shall maintain this target range until the economy is on track to achieve its maximum employment and price stability goal.

Notes:
Sheikh Mujibur Rahman, also known as Bangabandhu was the Founder President of independent nation of Bangladesh. He led the movement against the Pakistani rulers in the then East Pakistan, which led to the liberation of Bangladesh in 1971.
His birth centenary was celebrated on March 17, this year in Bangladesh and across the world. The year-long celebration has been named as ‘Mujib Barsho’.

Notes:
The United Kingdom recently announced that it will start charging a 2% tax on digital services from 1st April this year.
The tax is to be imposed on revenue from digital services such as search and advertising. This tax will apply to firms with global sales of more than £500 million with at least £25 million from UK users. This decision of the government has been facing continuous opposition from the US government and top technological firms.

Notes:
‘World Cities Summit’ is a global biennial conference hosted by Singapore. This year, World Cities Summit (WCS) 2020 is scheduled to be held from July 5 to 9.
The theme of this year’s summit as announced by the Singapore government is ‘Liveable and Sustainable Cities: Adapting to a Disrupted World’. Leaders from several governments and industry experts discuss on challenges in climate change, social shifts and technological disruptions.

Notes:
Kerala has launched an initiative to use robots for creating awareness on COVID-19 among the public. Two robots have been built by a start-up in Kerala called Asimov Robotics, under the Kerala Start-up Mission, an initiative by the state government to promote start-up firms.
One wears a mask and distributes hand sanitisers, napkins, and masks to people while the other robot responds to queries. They are deployed in Kochi on a pilot basis.

Notes:
The most populous state of the country, Uttar Pradesh is planning to provide cash transfers to daily-wage labourers to protect them from income loss in economic slowdown due to COVID-19.
The state has set up a panel to study the proposal for transferring cash directly to bank accounts of labourers. The report is expected to be submitted within three days. Several countries have already launched ‘stimulus package’ to protect their economy and working population.

Notes:
Technological Major Google introduced a unique feed named ‘Discover’ which provides curated articles to Google Pixel and Google app users based on their interests.
In its latest update to the app, this new feature has been introduced which enables the users to report misleading articles on the ‘Discover’ feed. Users can now report misleading content as various categories which includes violent, misleading, abusive and others.