Current Affairs Quiz - March, 2020

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:
The state government of Karnataka tabled the Bruhat Bengaluru Mahanagara Palike (BBMP) Bill, 2020 in the Legislative Assembly. The Bill seeks to enable public participation in various levels of municipal governance.
The Bill also provides for an independent legislation and seeks to improve decentralisation, integration of public participation at various levels of municipal governance and also to ensure efficient decision making by the BBMP.

Notes:
The Chief Minister of Tamil Nadu has proposed two schemes including ₹148 crore project of Electric vehicle park and ₹500 crore project of Data centre park. The projects are aimed at attracting new investments into Tamil Nadu.
As per his announcement in the Assembly, the electric vehicle park will be set up at Manalur SIPCOT Industrial Estate near Chennai and the data centre park over a 150-acre site near Sriperumbudur. He also announced that a start-up and innovation city with all infrastructure facilities will be established near Chennai, at a cost of ₹350 crore to attract innovative and knowledge-based firms.

Notes:
The Chief Minister of Tamil Nadu recently announced the creation of a new district ‘Mayiladuthurai’, for administrative convenience, by bifurcating Nagapattinam district. This is the 38th district of the state.
Nagapattinam district is in the Cauvery delta region of Tamil Nadu. Last year, the government announced five new districts. Amid coronavirus pandemic, the Chief Minister announced Rs 1,000 cash assistance for ration card holders to compensate for livelihood loss.

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 Scientists from Wadia Institute of Himalayan Geology (WIHG), Dehradun have recently found that glaciers in Sikkim are melting at a higher magnitude than other Himalayan regions. The Institute is an autonomous research institute for the study of Geology of the Himalayas, under the Department of Science and Technology.
The study, which has been published in Science of the Total Environment, revealed that glaciers in Sikkim have deglaciated at a higher magnitude from 1991 to 2015. They also revealed that small-sized glaciers in Sikkim are disappearing and larger glaciers are thinning due to climate change.

Notes:
The companies in the digital industry have decide to temporarily offer SD (Standard Definition) content instead of HD (High Definition) and ultra-HD streaming.
By Standard Definition, the bitrates of the streaming will not be higher than 480p on cellular networks until 14th April. As a higher number of people are staying at home during the nation-wide lockdown, there is an extra-ordinary surge in the consumption of mobile internet. This step would ensure that the cellular network remains robust.

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.

Notes:
The Union Finance Minister has recently announced a relief package for the poor and vulnerable people amid the 21-day lockdown of the country announced by the Prime Minister.
Among the relief measures, women self-help groups (SHGs) will be provided collateral-free loans up to Rs 20 lakh from Rs 10 lakh earlier, under the Deen Dayal National Livelihood Mission. This step is expected to impact 7 crore members through 63 lakh SHGs.

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.