Current Affairs Quiz - March, 2020

Notes:
Facebook-owned WhatsApp has recently announced the global launch of “WhatsApp Coronavirus Information Hub” in partnership with the World Health Organization, United Nations International Children’s Emergency Fund (UNICEF), and the United Nations Development Program.
It has also contributed $1m to the Poynter Institute’s International Fact-Checking Network (IFCN), to enhance the fact-checking network to curb fake news and rumours around coronavirus.

Notes:
The World Happiness Report is published by the United Nation’s Sustainable Development Solutions Network. This year, the report has ranked Finland as the happiest country for the third time in a row.
People in 156 countries were asked to evaluate their own levels of happiness while measures like GDP, social support, personal freedom and levels of corruption were also considered to arrive at a score. This year, the rankings are based on data collected in 2017-2019. India is ranked 144 in the list of 156 countries.

Notes:
American actor-singer Kenny Rogers recently passed away at the age of 81. He was a three-time Grammy-winning singer.
The singer was famous for various genres of his music albums including jazz, folk, country and pop. Some of his popular musical works includes ‘Lucille,’ ‘Lady’ and ‘Islands in the Stream’. He was celebrated as a Superstar by his fans during 1970’s and 80’s.

Notes:
The Border Roads Organisation opened a 360 feet long suspension bridge over the Teesta river near Chungthang town in North Sikkim.
Under Project Swastik the project of construction of the bridge commenced in October 2019 and completed it in January 2020. The bridge is expected to promote tourism in the state. It also enables the movement of logistics for the Armed Forces easier.

Notes:
International ratings agency S&P Global Ratings has recently estimated the cost of COVID-19 outbreak for 14 Asia-Pacific countries at $620 billion.
Though a country-wise break-up was not provided for its estimate, it said that the total and permanent income loss will affect the balance-sheets of government, banks, corporates and households. Last week, S&P cut India’s growth rate to 5.2% in 2020-21.

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:
The Delhi Government has recently presented its budget in the Assembly. The Deputy Chief Minister of Delhi Manish Sisodia presented the first budget of the AAP government’s second term.
The government of Delhi announced the ‘Mukhya Mantri Health Card’ scheme for the people of Delhi. Under this scheme, health ID cards will be prepared and distributed to all the residents of Delhi. It will be linked to the hospital information management system across all the health centres of the government.

Notes:
Invest India is India’s national Investment Promotion & Facilitation Agency, which comes under the Union Ministry of Commerce and Industry.
It was seen in news recently as Invest India has launched the ‘Invest India Business Immunity Platform’. This platform is hosted on the Invest India website and it provides real-time updates on the latest initiatives of the government of India to tackle Covid-19.

Notes:
The Union Cabinet has recently approved the signing and ratification of an extradition treaty between India and Belgium.
This ratification will enable the two countries to repatriate any person who is accused or convicted in an extraditable offence. An offence punishable under the laws of both the countries with imprisonment for one year or more is called an extraditable offence. The treaty would give a legal framework for extradition of terrorists, economic offenders and other criminals from and to Belgium.

Notes:
The Cabinet Committee on Economic Affairs (CCEA) approved a Rs 1,340-crore recapitalisation plan for the weak regional rural banks (RRBs).
This recapitalisation will help them to improve their capital to risk weighted assets ratio (CRAR) during the financial year 2020-21, as they are stipulated to maintain a minimum CRAR of 9 per cent. The Centre and the respective sponsor banks provide the funds in the ratio 50:50, as they fund Rs. 670 Cr each.