Current Affairs Quiz - March, 2020

Notes:
The United Nations introduced Language Days in 2010, to celebrate multilingualism and cultural diversity of various languages.
The United Nations celebrates six Language Days each year, dedicated to the six official languages of the UN, namely Arabic, Chinese, English, French, Russian and Spanish. Among them, the ‘French Language Day’ is celebrated on March 20, which marks the creation of the International Organization of La Francophonie (OIF).

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 Down Syndrome Day is celebrated on March 21 every year, across the world. The United Nations General Assembly declared the day in the year 2011.
Down syndrome occurs when a person has an extra partial or whole copy of chromosome 21. The day is celebrated to raise public awareness of Down syndrome. On World Down Syndrome Day 2020, the forum-Down Syndrome International focuses on the theme “We Decide”.

Notes:
World Meteorological Day is celebrated on 23rd March of every year, which commemorates the inception of the Convention which established the World Meteorological Organization on the same day in 1950.
Since 1961, the Geneva headquartered World Meteorological Organization has been celebrating World Meteorological Day with a unique theme. “Climate and Water” is the theme of this year’s World Meteorological Day.

Notes:
India’s largest lender State Bank of India has recently unveiled an emergency credit line to meet liquidity mismatch for its borrowers, amid the coronavirus pandemic scare.
The additional liquidity facility called Covid-19 Emergency Credit Line (CECL) will provide credit up to 200 crore rupees. This loan facility will be available till June 30 where the loan will be offered at an interest rate of 7.25 per cent with a 12-month tenure.

Notes:
America-based Heritage Foundation released its Index of Economic Freedom last week. Singapore emerged as the top nation in the index and overtook Hong Kong as the world’s most independent and free economy.
Singapore achieved this feat for the first time since 1995, the report was first published. Hong Kong has ever been placed at the top since then. India is ranked in 120th position in the report and It improved its score by 1.3 points from 2019 to score 56.5 in 2020

Notes:
The Technical Advisory Committee of the National Supercomputing Mission (MSM-TAC) has approved the installation of a Supercomputing facility with 650 TFLOPS, at IIT Guwahati, Assam.
The installation of the supercomputing system has been started under the National Supercomputing Mission (NSM). It is co-ordinated by the Department of Science and Technology (DST) and the Ministry of Electronics and Information Technology (MeitY). The mission is being implemented by the Centre for Development of Advanced Computing (C-DAC), Pune, and Indian Institute of Science (IISc), Bengaluru.

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 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 G-20’s first ever virtual summit, chaired by Saudi Arabia, was recently held through video conferencing. Prime Minister of India Narendra Modi also attended the virtual meeting.
Leaders of the G20 major economies pledged to restore global growth and infuse over $5 trillion into the global economy. The countries also vowed to take necessary steps to minimize the economic and social impact of the Covid-19 pandemic.