Current Affairs Quiz - March, 2020

Notes:
The recent research of the fossil of a fish called Elpistostege watsoni has revealed the evolutionary origin of human hands.
After the research on the fossil of the fish, which was believed to be in today’s Canada about 380 million years ago, scientists have found the evolutionary origins. This research represents a crucial stage in the history of life on Earth especially the transition of fish to land vertebrates.

Notes:
Union Defence Minister Rajnath Singh unveiled an updated manual DPP-2020 (Defence Procurement Procedure-2020).
For the last 18 years, this DPP is the procurement manual that has been used for governing the purchase of weapons and equipment from the defence capital budget. The 2020 draft version aims to promote more indigenous content in defence equipment which are manufactured in India. It also introduced ‘leasing’ as another category to make defence equipment affordable.

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:
The Government of India has recently constituted a high-level committee of medical experts for prevention & control of COVID-19. The committee is headed by Dr V K Paul, a member of the India think-tank NITI Aayog.
The 21-member high level technical committee comprises of noted public health experts to suggest measures on the prevention and control actions. Union Health Secretary Preeti Sudan and Director General of Indian Council of Medical Research are the Co-Chairpersons of the committee.

Notes:
Bollywood film-maker Zoya Akhter was presented the IIFTC Tourism Impact Award 2020, at the Asia’s largest film tourism event, 8th India International Film Tourism Conclave (IIFTC), held recently in Mumbai.
The Director was selected for her outstanding contribution to the world tourism through her films which were shot in Spain and Turkey.

Notes:
The country’s largest bank State Bank of India (SBI) announced that it will provide 0.25% of its annual profit for the year 2019-20 to support health care for underprivileged people and fight the coronavirus pandemic.
As per the statement of the bank, the contribution will be made from CSR funds. The government has recently notified spending by companies for tackling the coronavirus outbreak as corporate social responsibility (CSR) activity under the Companies law. Recently SBI opened an emergency credit line to meet any liquidity mismatch for its borrowers.

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.

Notes:
The Governor of the Reserve Bank of India recently made an announcement after the Monetary Policy committee (MPC) meeting, to tackle the crisis caused by Covid-19 pandemic.
RBI had advanced the MPC meeting due on March 31- April 3 to March 24-27. It has announced that the Cash Reserve Ratio has been decreased 100 bps to 3 per cent and the repo rate has been decreased to 4.4 per cent. Policy rate corridor has been widened from 50 to 65 bps. All commercial banks are permitted to allow a 3-month moratorium on repayment of term loan EMIs.

Notes:
The Government of India has launched a mobile application to track the risk of coronavirus infection called ‘Corona Kavach’.
The application is jointly developed by the Union Ministry of Electronics and Information Technology and the Union Ministry of Health and Family Welfare. It uses the person’s location to assess if they are in the high risk geographical zone. It is now available in beta version in the Google Play Store.