Current Affairs Quiz - March, 2020

Notes:
Canada became the first major country to pull out of the Tokyo Olympics over coronavirus fears. Australia has also directed its athletes to prepare for the 2021 games, as it could not be held this year.
Earlier, the Prime Minister of Japan Shinzo Abe has announced for the first time that the Olympic Games might get postponed. The International Olympic Committee is expected to decide about the schedule of the games soon, which had been planned to commence from July 24 this year.

Notes:
Bollywood film-maker Zoya Akhter was presented the IIFTC Tourism Impact Award 2020, at the Asia’s largest film tourism event, 8th India International Film Tourism Conclave (IIFTC), held recently in Mumbai.
The Director was selected for her outstanding contribution to the world tourism through her films which were shot in Spain and Turkey.

Notes:
Debut novelist Ruchika Tomar has been selected as the winner of the 2020 PEN/Hemingway Award for Debut Novel ‘A Prayer for Travelers’.
PEN America was founded in 1922, in New York City. The prize is backed by the Hemingway family and the Ernest Hemingway Foundation. The PEN/Hemingway Award includes a $25,000 prize, which is proposed to allow significant time and resources to pursue a subsequent work of fiction.

Notes:
Chief Minister of Odisha Naveen Patnaik launched ‘Mo Jeeban’ programme and advised people to take a pledge for staying indoors to fight the coronavirus outbreak.
The Chief Minister asked people to take oaths of staying indoors and send him those videos. He also asked the people to paste a sticker on the gate of their houses to show their determination to follow this direction.

Notes:
The International Day for the Right to the Truth Concerning Gross Human Rights Violations and for the Dignity of Victims is observed every year on 24 March, by the United Nations.
This day pays tribute to Monsignor Óscar Arnulfo Romero of El-Salvador, who was murdered on 24 March 1980. Óscar Romero was actively involved in criticising violations of the human rights. He also condemned the practices of social injustice and assassinations. He was declared ‘Saint’ by Pope Francis in 2018.

Notes:
During the International Olympic Committee’s session in Peru, Paris was selected as the host of 2024 Summer Olympics. It also simultaneously selected Los Angeles to host the games in 2028.
Amid the ongoing coronavirus pandemic, the 2020 Tokyo Olympics, which was scheduled for July 24-August 9, has been postponed and would be held before the summer of 2021, as per the recent announcement from the International Olympic Committee. Paris Olympics organisers notified that this delay will not affect the 2024 games.

Notes:
The Union Ministry of Statistics and Programme Implementation implements the Members of Parliament Local Area Development (MPLAD) Scheme.
As per the ministry’s latest notification, the Members of Parliament can use the funds allotted to them under the MPLAD scheme to buy testing kits and other medical equipment needed to fight coronavirus pandemic. ₹5 crore is given to every member of the Rajya Sabha and the Lok Sabha, per year under the MPLAD scheme to use for developing the community.

Notes:
The government recently approved to continue the scheme for Rebate of State and Central Taxes and Levies (RoSCTL) on export of garments beyond March 31.
It is to be continued till it is merged with the Remission of Duties and Taxes on Exported Products scheme (RoDTEP), which was introduced in last September. By continuing RoSCTL scheme, all taxes and levies in the textile sector which are not rebated under other mechanisms will be rebated.

Notes:
The Governor of the Reserve Bank of India recently made an announcement after the Monetary Policy committee (MPC) meeting, to tackle the crisis caused by Covid-19 pandemic.
RBI had advanced the MPC meeting due on March 31- April 3 to March 24-27. It has announced that the Cash Reserve Ratio has been decreased 100 bps to 3 per cent and the repo rate has been decreased to 4.4 per cent. Policy rate corridor has been widened from 50 to 65 bps. All commercial banks are permitted to allow a 3-month moratorium on repayment of term loan EMIs.

Notes:
The Central Government recently unveiled a Rs. 1.7 lakh crore worth fiscal stimulus to help people tackle the lock down amid the coronavirus pandemic.
Among various measures announced by the Union Finance Minister Nirmala Sitharaman, it was notified that the MGNREGA wages will rise to Rs 202 per day per person from the earlier daily wage of Rs 182. This step is expected to benefit 136.2 million families.