Current Affairs Quiz - April, 2021

Notes:
The Indian Railways has recorded highest ever electrification in a single year, covering 6,015 Route Kilometre (RKM) in a single year during 2020-21. This was released as a statement by the Railways recently.
It has surpassed its previous year’s achievement of 5,276 RKM in 2019-20 and this fete was achieved amidst COVID pandemic.

Notes:
The Union Minister of Finance has notified that business entities with turnover of more than Rs 5 crore will have to furnish six-digit HSN – Harmonised System of Nomenclature on the invoices issued for supplies.
HSN is an internationally standardized system of names and numbers to classify traded products which came into effect in 1988.

Notes:
Under the PM SVANIDHI scheme, urban street vendors are sanctioned with working capital credit facilities upto Rs,10,000 per year by banks. This scheme was launched by the Government of India to provide micro-credit facility to vendors during Covid-19 lockdown.
As per a recent data by the Ministry of Home Affairs, out of the total disbursement under the scheme, private banks have contributed only 1.6%.

Notes:
As per a recent release by FIS (leading provider of financial technology solutions to banks and merchants), the number of real-time financial transactions in India has grown to 41 million transactions per day. This number is more than double that of the last year.
In terms of growth rate of real time financial transactions, the list is topped by Bahrain with 657% growth.

Notes:
The National Maritime Day is celebrated every year on 5th of April. This year marks the 58th edition of National Maritime Day, while the first such event was celebrated in the year 1964. This day is celebrated to support the global maritime economy.
It was on April 5th, 1919, Indian shipping first started with the ship “SS Loyalty” sailed from Mumbai to the United Kingdom.

Notes:
The Centre promulgated the Tribunal Reforms (Rationalisation and Conditions of Service) Ordinance 2021 recently.
As per the ordinance, existing appellate authorities are replaced and their powers are vested High Courts. The laws covered are Cinematograph Act; Copyright Act; Customs Act; Patents Act; AAI Act; Trade Marks Act; GI of Goods (registration and protection) Act; Protection of Plant Varieties and Farmers Rights Act and Control of NH (land and traffic) Act.

Notes:
The Barakah nuclear power plant in the United Arab Emirates is the first nuclear power station in the Arab world.
The nuclear power plant located in Abu Dhabi started commercial operations recently. As per the country’s leaders, the first megawatt from the nuclear plant has entered the national power grid. It was opened in the year 2019.

Notes:
Under the Pradhan Mantri Awas Yojana – Gramin (PMAY-G), 92% target of completion has been achieved in the 1st phase of the scheme.
A target of 1 crore houses was set for completion in the 1st phase of the scheme- from 2016-17 to 2018-19. It aims constructing 2.95 crore PMAY-G houses with all basic amenities by the year 2021-22.

Notes:
The Government has appointed S Ramann as the new Chairman and Managing Director of Small Industries Development Bank of India (SIDBI).
Banks Board Bureau had recommended his name for the post and the appointment is for a period of three years. Ramann is an Indian Audit & Accounts Service officer, is currently the CEO of National E-Governance Services Ltd.

Notes:
Union Education Minister Ramesh Pokhriyal chaired a high-level meeting on implementation of National Education Policy (NEP) 2020.
A suggestive implementation plan for school education named ‘Students’ and Teachers’ Holistic Advancement through Quality Education (SARTHAQ) was also released.