Current Affairs Quiz - March, 2020

Notes:
The United States has begun the first phase of clinical trial of a vaccine to protect against the coronavirus disease.
The initiative is supported by a global coalition founded by India and Norway. It is funded by the National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health (NIH). The first participant received the investigatory vaccine in the trial, which is to enrol 45 healthy adult volunteers for approximately six weeks.

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 Union Health Ministry has issued a toll-free number 1075 for the public to inquire about coronavirus (COVID-19).
As the number of infections keeps rising, a high-level meeting of the Group of Ministers COVID-19 was held in New Delhi under the chairpersonship of Health Minister Dr. Harsh Vardhan. Travel of passengers from member countries of the European Union, the European Free Trade Association, Turkey and the United Kingdom to India is prohibited.

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:
S&P Global Ratings lowered India’s economic growth forecast to 5.2 per cent for the year 2020. The rating agency had earlier predicted the growth rate of 5.7% for 2020.
The agency also estimated that the Asia-Pacific economic growth in 2020 will dip to less than 3 per cent. It also revealed that saying the global economy is entering a recession amidst the coronavirus pandemic.

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) 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:
America-based Private space agency owned by Elon Musk, SpaceX will send astronauts to the International Space Station (ISS) for the first time in May.
This was announced by NASA, which also revealed that the first crewed launch from the United States to the ISS platform since 2011 is to be sent through SpaceX. The space company will launch a Falcon 9 rocket to transport NASA astronauts Bob Behnken and Doug Hurley to the station.

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:
World Water Day is observed every year on March 22, across the world since the year 1993. The theme of the World Water Day this year is ‘Water and Climate Change’.
In 1992, the United Nations General Assembly adopted a resolution by which 22 March of each year was declared World Water Day from 1993. The Day focuses on the importance of freshwater and creates awareness of the people who still live without access to safe water.