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Current Affairs 12th April 2020

1. IMF Inducts Raghuram Rajan to Key Advisory Panel
  • IMF MD named former RBI governor Raghuram Rajan & 11 others to her external advisory group.
  • To provide perspectives from around the globe on key developments and policy issues, including responses to the exceptional challenges due to corona virus.
  • International Monetary Fund MD : Kristalina Georgieva.
2. Foreign exchange reserves decline $902 mn to $474.66 bn
  • According to RBI data,
  • During 2020-21, the country’s foreign exchange reserves have risen by almost $62 billion.
  • The gold reserve also declined by $340 million to $30.55 billion
3. ADB assures $2.2 bn support package to India for COVID-19 response
  • Asian Development Bank President : Masatsugu Asakawa.
4. Mumbai first city in India to make face masks a must in public
  • Mumbai local civic body – Brihanmumbai Municipal Corporation (BMC) -issued a circular making three -ply or cloth mask a must.
  • If they are venturing out for any purpose in the city.
  • Maharashtra CM : Uddhav Thackeray;
  • BMC chief Praveen Pardeshi.
5. World Athletics suspends Olympic qualification period until December, 2020
  • World Athletics suspended the qualification period for the Tokyo Olympics until December 2020 in wake of the fast-spreading COVID-19 pandemic.
  • World Athletics, HQs : Monaco.
  • Membership : 214 member federations.
6. Twitter Founder Jack Dorsey gives $1 Billion Worth of Equity In Square to COVID-19 Relief
  • The figure represents about 28% of his net worth.
  • Dorsey has a net worth of about $3.9 billion.
  • In 1997, Ted Turner made an historic $1 billion pledge to UN.
7. Govt disburses ₹15,841 cr to 7.92 cr farmers under PM-KISAN during lockdown
  • Under the Pradhan Mantri Kisan Samman Nidhi scheme, the Centre transfers an amount of ₹6,000/yr, in 3 equal instalments.
  • PM-KISAN Scheme completed one year on February 24, 2020.
8. MHA issues 5th Addendum to exempt Operations of Marine Fishing/Aquaculture Industry and its Workers
  • The 5th addendum exempts from lockdown restrictions.
  • Ministry of Home Affairs (MHA) In-charge : ‎Amit Shah.
9. HRD Ministry launches week long Bharat Padhe Online campaign
  • Campaign for crowd sourcing of ideas in New Delhi
  • For improving online education ecosystem.
  • Educators across the country can come forward to contribute with their expertise in the field of education.
  • Human Resources Development Minister : Ramesh Pokhriyal Nishank.
10. Union Minister Dharmendra Pradhan participates in G20 Extraordinary Energy Ministers’ virtual meeting
  • The meeting was attended by Energy Ministers of G20 countries, guest countries and heads of international organizations including OPEC, IEA and IEF.
  • Meeting chaired by : Saudi Arabia Energy Minister Prince Abdulaziz
11. Padma Shri Classical Singer Shanti Hiranand passes away at 87
  • She was very well-known within the area of classical music.
  • She studied music at Begum Akhtar in Thumri, Dadra and Ghazal.
12. Veteran Congman RK Dwivedi passes away
  • Freedom fighter and veteran Congress leader Ram Krishna Dwivedi passed away at 88.
  • He served as minister of state for home in the Congress government in UP.
  • He was also a member of Congress Working Committee.
13. Former Miss World Manushi Chhillar raises awareness on coronavirus with UNICEF
  • UNICEF = United Nations Children’s Fund.
  • She is a part of UNICEF’s initiative to make my fellow citizens aware of the tremendous threat that exists if they decide to step outside their homes.
  • UNICEF HQ – New York, United States.



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Hyderabad gets India's first real-time Gold ATM. CCI approves Bharat Biotech International-Eastman Exports deal. Adani Green becomes world’s largest wind-solar hybrid power developer with 450 MW Rajasthan plant. SBI’s personal loans portfolio crosses ₹5 lakh cr mark. Extensive exploration programme to find minerals stepped up in Rajasthan.

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India - Malaysia joint military Exercise “Harimau Shakti -2022” commenced at Pulai, Kluang, Malaysia. Ministry of Power launches scheme for to procure aggregate power of 4500 MW to help states facing power shortage. Chennai-Based Space Start-Up Agnikul Cosmos sets up India’s first private space vehicle launch pad at Sriharikota. Bank credit growth accelerates to 17.2% in July-September quarter: RBI data. RBI asks Paytm to reapply for payment aggregator licence.

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