Current Affairs Quiz - April, 2021

Notes:
The Uttar Pradesh Cabinet has approved the Uttar Pradesh Regulation of Urban Premises Tenancy (second) Ordinance 2021.
It aims to reduce tenancy disputes as it makes signing of contract compulsory to rent out a property. There is no clear mechanism for conflict resolution under the present law. It was promulgated and implemented in the state of January 2021.

Notes:
Gautam Adani’s Adani group of companies has become the 3rd in India to cross $100 billion in market capitalisation, after Tata Group and Reliance Group.
The total market capitalisation of Adani group’s 6 listed companies touched Rs.7.84 lakh crore or $106.8 billion, according to stock exchange data.

Notes:
The Union Finance Ministry has stated that India has witnessed a strong Foreign Portfolio Investment (FPI) inflow of Rs.2.74 lakh crore during the FY 2020-21, into the equity market.
This has been achieved amidst international financial uncertainty due to COVID 19 pandemic and reflects the confidence of investors on Indian Market.

Notes:
The Union Minister of state for Education – Sanjay Dhotre represented India in the consultation meeting of Education Ministers of E9 countries.
The theme of the meeting was E9 initiative: Scaling up digital learning to accelerate progress towards Sustainable Development Goal 4. E9 countries consist of Bangladesh, Brazil, China, Egypt, India, Indonesia, Mexico, Nigeria, and Pakistan.

Notes:
The Union Cabinet headed by the Prime Minister has approved a production linked incentive (PLI) scheme for white goods (i.e) Air Conditioners and LED Lights. The scheme has been approved with a budget of Rs.6238 crores.
This scheme aims to make manufacturing in India globally competitive and enhance the manufacturing efficiency.

Notes:
Scientists from Singapore are working on an experiment named “Robo Plants”. Under the experiment electrodes are attached to a Venus flytrap plant.
These electrodes fit tightly to the plant’s surface using a thermogel. These electrodes monitor weak electrical pulses naturally emitted by plants.

Notes:
The World Bank and the International Monetary Fund (IMF) have planned to launch a dedicated platform that would advise the poor nations on funding their climate and conservation activities.
It is proposed that the platform would consist of UN officials, non-governmental organisations, private investors and rating agencies, to aid and advise the funding activities.

Notes:
The Reserve Bank of India has doubled the limit of maximum balance that an individual customer can hold with payments banks to Rs 2 lakh.
The announcement in this matter was made by RBI Governor Shaktikanta Das after the meeting of the Monetary Policy Committee. As per the current norms, the payment banks can hold a maximum balance of Rs 1 lakh per customer. This expansion will help them to serve more MSMEs.

Notes:
As per the Fiscal Affairs Department of the Internatioanl Monetary Fund, India’s debt to GDP ratio increased from 74 per cent to 90 per cent during the COVID-19 pandemic.
IMF also expects that the ratiop would drop down to 80 per cent as a result of the country’s economic recovery.

Notes:
A group of archaeologists has recently found the largest ancient city ever discovered in Egypt. The city is named “The Rise of Aten”, which dates back to 3,000 years.
It was discovered under the sand on the western bank of Luxor, and dates to the reign of King Amenhotep III, who ruled Egypt between 1391 and 1353 BCE. The city was the largest administrative and industrial settlement in the period of the Egyptian empire.