Current Affairs Quiz - March, 2020

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:
The Union Cabinet chaired by the Prime Minister of India has recently approved financial assistance to the Modified Electronics Manufacturing Clusters (EMC2.0) Scheme.
The scheme aims at developing world class infrastructure along with common facilities and amenities through Electronics Manufacturing Clusters (EMCs). The scheme seeks to set up Electronics Manufacturing Clusters (EMCs) and Common Facility Centers (CFCs). The total outlay of the EMC 2.0 Scheme is Rs. 3,762.25 crore.

Notes:
World Water Day is observed every year on March 22, across the world since the year 1993. The theme of the World Water Day this year is ‘Water and Climate Change’.
In 1992, the United Nations General Assembly adopted a resolution by which 22 March of each year was declared World Water Day from 1993. The Day focuses on the importance of freshwater and creates awareness of the people who still live without access to safe water.

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:
Hillel Furstenberg of Israel and Russian-American Gregory Margulis are the recipients of the prestigious Abel Prize for the year 2020, one of the highest awards in the field of Mathematics.
The two mathematicians were selected for introducing the use of methods from probability and dynamics in group theory, number theory and combinatorics. They were the first to use randomness to make the certainties of mathematics easily understandable by the people.

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:
Union Finance Minister Nirmala Sitharaman recently announced various relief measures amid lock-down of the country due to coronavirus scare.
As per the measures, the deadline for filing belated income tax return (ITR) for the financial year 2018-19 and for filing goods and services tax (GST) returns for March, April and May has been extended to June 30, 2020. She also announced waiver of minimum balance maintenance charge and ATM withdrawal charge for next 3 months. Vivad Se Vishwas Scheme has been extended from April 1 to June 30.

Notes:
The King of Saudi Arabia Salman Bin Abdulaziz Al Saud is set to chair an emergency virtual summit of G20 leaders, to accelerate the response to the ongoing coronavirus pandemic.
At present, Saudi Arabia holds the G20 presidency and it called for the Virtual Leaders’ summit to be held on March 26. This is the first meeting of the G20 leaders after the world has been affected by the outbreak of coronavirus.

Notes:
Scientists at Agharkar Research Institute (ARI), Pune, which is an autonomous institute under the Department of Science & Technology, have developed a biofortified high-protein wheat variety MACS 4028.
The development of the crop was published in the Indian Journal of Genetics and Plant Breeding. It is a semi-dwarf variety which exhibits a higher yielding ability of 19.3 quintals per hectare. It is claimed to be resistant to several pests and diseases unlike the normal wheat varieties.

Notes:
The Central Board of Direct Taxes is a statutory authority which frames policy for the tax department. It is headed by a Chairperson and composed of six other members.
Recently, Indian Revenue Service officers Satish Kumar Gupta and Krishan Mohan Prasad have been appointed new members in the Central Board of Direct Taxes (CBDT). At present, apart from the Chairman P C Mody, there are three other serving members. After this appointment, there will be one more vacancy in the organisation.