Current Affairs Quiz - March, 2020

Notes:
The Divisional Commissioner of Kashmir, Baseer Ahmed Khan, a 2000-batch IAS officer, has been appointed as the fourth advisor to Jammu and Kashmir Lieutenant Governor G C Murmu. An order regarding the appointment was issued by Deputy Secretary, Union Ministry of Home Affairs.
The other three advisors are former CRPF DG Rajiv Rai Bhatnagar, who was appointed as the advisor on January this year, IPS officer Farooq Khan and IAS officer K K Sharma.

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:
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:
Former Chairman and Managing Director of Air India Ashwani Lohani has been recently appointed as the Chairman of Andhra Pradesh Tourism Development Corporation (APTDC).
This was announced in the order released by the Chief Secretary of the state and the appointment has been made for one year. He had earlier served in several similar positions including the Chairman of the Railway Board and CMD of the India Tourism Development Corporation.

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:
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:
Manila-based Asian Development Bank recently announced an initial package of $6.5 billion (equivalent to ₹48,230 crore) to cater the immediate needs of its developing member countries in fighting the Covid-19 pandemic.
As per the announcement of the Development bank, out of the total package, $3.6 billion will be made available to governments for addressing health and economic consequences of the pandemic and $1.6 billion for micro, small and medium enterprises, domestic and regional trade.

Notes:
Legendary India footballer P.K. Banerjee recently passed away at the age of 83. He was a member of the 1962 Asian Games gold-medal winning India football team.
The veteran football player scored 65 international goals in a total of 84 appearances for the national team. Banerjee represented India in the 1956 Melbourne Olympics and led India in the 1960 Rome Olympics. The international governing body of Football game, FIFA awarded him the Centennial Order of Merit in 2004.

Notes:
Fitch Ratings has recently cut India growth forecast to 5.1 per cent for FY 2020-21. Fitch had projected India to grow at 5.6 per cent in 2020-21 and 6.5 per cent in the following year, in its previous report released in December 2019.
In its Global Economic Outlook 2020, Fitch also estimated that India will witness increased number of people affected by coronavirus, in the coming weeks. It also announced that the outbreak will remain contained amidst the downside risks to this scenario.