Current Affairs Quiz - March, 2020

Notes:
India recently committed to provide a grant of Nepalese Rupees 107 million (equivalent to INR 68 million) to Nepal for the construction of three school buildings.
The Embassy of India and the Ministry of Federal Affairs and General Administration of Nepal signed two Memorandum of Understandings (MoUs) for the construction of two new school buildings. These two school buildings shall be constructed under the India-Nepal Development Partnership programme.

Notes:
Famous Marathi actor Jairam Kulkarni recently passed away in Pune at the age of 88. His last movie was ‘Khel Aayushyacha’, which was released recently.
Jairam Kulkarni had acted in more than 150 films, which includes several critically acclaimed films. Before starting his career as an actor, Kulkarni had worked in Akashwani.

Notes:
Defence Acquisition Council (DAC) approved the procurement of 83 Tejas fighter aircrafts, which are manufactured by Hindustan Aeronautics Limited (HAL).
The Light Combat Aircraft Tejas is indigenously designed by Aircraft Development Agency (ADA) under the Defence Research and Development Organisation (DRDO). This order of 83 air-crafts is in addition to the previous order of 43 air-crafts approved earlier.

Notes:
The Reserve Bank of India (RBI) is conducting Open Market Operations (OMO) in the form of purchase of Rs 10,000 crore worth government securities.
This important step of the central bank has been announced at the backdrop of the increased risks of COVID-19 pandemic. The operation would increase the liquidity in the Indian economy and would help the financial market segments which are affected by the economic risks.

Notes:
The State government of Himachal Pradesh recently launched two initiatives namely Police Station Visitor Survey System and e-Night Beat Checking System for Himachal police.
The Visitor survey system would be used for the surveillance of visitors visiting the Police Stations, Police Posts and all police units and will help in creating a database of visitors. The Night Beat Checking system for the Police Department would help the State Police to keep track of the suspected vehicles and criminals who move in the night.

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:
Bihar Day (Bihar Sthapana Diwas) is celebrated in the state of Bihar on March 22, every year. IT marks the anniversary of the date of formation of the state, when the British bifurcated it from the then Bengal Presidency on the same day in 1912.
Every year, the state holds several events and celebrations on the Bihar Day. But due to coronavirus scare, the events have been postponed this time

Notes:
One of India’s leading private sector banks, IndusInd Bank has appointed Sumant Kathpalia as the Managing Director and CEO for a period of three years.
As the previous MD & CEO of the bank Romesh Sobti retired, after holding the top position for 12 years, this appointment has been approved. Sumant Kathpalia has more than three decades of experience in multi-national banks such as Citibank and Bank of America. He had previously served as the Head of Consumer Banking in the same bank.

Notes:
The U.S. Centers for Disease Control and Prevention (CDC) has introduced an Artificial Intelligence (AI) bot, called ‘Clara’ to assist people in finding the potential symptoms of COVID-19.
The CDC has collaborated with CDC Foundation and Healthcare Bot service of Microsoft Azure to develop the self-checking bot Clara. It is currently available only in the United States on the CDC website. It provides information about the disease, suggests the course of action and helps to handle the illness at home.

Notes:
The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi approved the construction of 22 km-long railway flyover between Aligarh-Harduaganj in Uttar Pradesh.
The project entails an estimated cost of ₹1,285 crore to remove traffic jam in the area. This project is expected to curb the delays and detention of trains at Aligarh junction. The flyover project is expected to be completed by 2024-25.