Current Affairs Quiz - April, 2021

Notes:
The Government of New Zealand has introduced a new legislation, whereby banks, insurers and investment managers operating in the country are required to report the impacts of climate change on their business.
New Zealand is the first country to bring such legislation. As per the new legislation, banks with total assets of more than NZ$1 billion and insurers with more than NZ$1 billion in total assets have to make the disclosure.

Notes:
Ibn Abdur Rehman – Human rights activist and journalist of Pakistan, died recently at the age of 90 years. He passed away at Lahore.
He was awarded with the prestigious Ramon Magsaysay award for his work on fostering India-Pakistan relations. He served as the Director of Human Rights Commission of Pakistan from 1990 – 2008 and the Secretary General from 2008-2016.

Notes:
The National Cooperative Development Corporation (NCDC) has entered into a loan agreement with
Deutsche Bank for a loan value of Euro 68.87 million (Rs 600 cr).
The proceeds of the loan would be used by the corporation for onward lending to cooperatives in the country. Also, the NCDC has entered into another agreement with Indian Chamber of Commerce to boost farmers’ linkages with markets.

Notes:
Union Ministry of Housing and Urban Affairs launched the EatSmart Cities Challenge and Transport 4 All Challenge.
EatSmart Cities Challenge was organized in association with Food Safety and Standards Authority of India (FSSAI) and Smart cities mission. It aims to encourage smart cities develop a sustainable food environment. Transport 4 All Challenge was launched in association with Institute for Transportation and Development Policy (ITDP), to improve public transport.

Notes:
E-commerce major Flipkart is set to acquire Cleartrip, which is a leading online travel and technology company.
Cleartrip was founded in the year 2006 and offers personalised travel products to its customers via desktop website and mobile application. Flipkart will acquire 100 per cent of Cleartrip’s shareholding.

Notes:
India hosted the BRICS seminar on “Misuse of Internet for Terrorist Purposes and Role of Digital Forensics in Terrorist Investigations”, which was organised by the National Investigation Agency (NIA).
It is a two-day event organized in a virtual format which emphasized on international cooperation and seamless sharing of good practices in tackling cyber terrorism.

Notes:
The United States of America headed by President Biden has decided to withdraw all American troops from Afghanistan over the next few months.
The exit of troops is set to be completed by September 11th this year, which marks the 20th year anniversary of Twin tower attacks on the USA by the Taliban.

Notes:
The Home Secretary of the United Kingdom (UK) has recently ratified the extradition of diamond merchant Nirav Modi to India.
Two months earlier, a UK court had permitted the extradition of Nirav Modi, based on the request if Indian Government. He is the key accused in the $2 billion Punjab National Bank fraud case related to Letter of Undertakings and forex operations.

Notes:
The National Assembly of France has recently approved the creation of an “ecocide” offence, which seeks to punish acts of environmental damage.
The bill will be applied to the most serious cases of environmental damage at national level, such as the pollution of a river. An offence of endangering the environment is punishable on the lines of endangering life.

Notes:
The Gujarat Authority for Advance Ruling (AAR) has ruled that Flavoured milk is ‘beverage containing milk’ and will attract 12 per cent GST.
Gujarat Co-operative Milk Marketing Federation, which markets dairy product under Amul brand, had approached the AAR on the taxability under the GST of flavoured milk.