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Current Affairs 1st April 2020

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1. ADB announces 100 million US Dollars funding for Indian infrastructure sector
  • ADB has been funding Indian private equity funds for over two decades.
  • ADB President : Takehiko Nakao;
  • Headquarters : Manila
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2. Govt extends validity of vehicle permits till June 30
  • The decision was taken to facilitate the citizens facing difficulties in renewing the validity of documents related to the Motor Vehicle
  • The Motor Vehicles Act-1988 was amended in 2019.
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3. Govt. extends PLI, RPLI Premium payment period till April 30
  • PLI = Postal Life Insurance.
  • RPLI = Rural Postal Life Insurance .
  • Postal Life Insurance comes under the Ministry of Communications
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4. National Gallery of Modern Art celebrates 66 years
  • By launching virtual tour of its permanent collection for the visitors.
  • To enjoy without having to physically visit the Museum amid lockdown.
  • It is for the first time that a virtual tour is provided.
  • Director-General of National Gallery of Modern Art: Adwaita Gada
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5. Ministry of Corporate Affairs introduces the “Companies Fresh Start Scheme, 2020”
  • The Ministry of Corporate Affairs (MCA) has introduced the “Companies Fresh Start Scheme, 2020”.
  • Also revised the “LLP Settlement Scheme, 2020” to provide relief to law-abiding companies and LLP.
  • LLP = Limited Liability Partnerships.
  • It gives longer time to comply with filing requirements.
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6. Assam govt decides to provide Rs 1000 each to 2.78 Lakh construction workers.
  • NFSA’13 aims to provide subsidized food grains to people.
  • NFSA’13 = National Food Security Act (NFSA) , 2013.
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7. MP Govt transfers Rs 88 crore to accounts of registered construction workers
  • CM Shivraj Singh Chouhan told the construction workers that the government stands with them during this time of crisis.
  • Iqbal Singh Bains is the New Chief Secretary of Madhya Pradesh.
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8. Jharkhand launches ‘PRAGYAM’ app to issue e – passes
  • For those who associated with the delivery of essential services during the national lockdown to combat COVID-19.
  • Governor of Jharkhand: Draupadi Murmu
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9. Australian PM announces 130 bn dollar package to support wages to fight against COVID – 19
  • Australia Prime Minister: Scott Morrison
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10. Expo 2020 Dubai could be postponed by a year
  • Expo 2020 is a World Expo to be hosted by Dubai in the UAE, scheduled to be opened on 20th October 2020.
  • The event could be postponed in the light of COVID – 19.
  • The Bureau International des Expositions (BIE) and Dubai organisers to establish the change.
  • World Expo 2020 Theme = Connecting Minds; Creating the Future.
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11. RBI notifies special series of G-secs under ‘fully accessible route’
  • These special securities will attract FPI limits until maturity and are the first step towards Indian G-Secs being listed on global bond indices.
  • Issuances of G-secs from FY21-eligible as specified securities.
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12. Human testing for Johnson & Johnson COVID-19 vaccine by Sept
  • Johnson & Johnson signed an agreement with the US govt’s Biomedical Advanced research
  • To invest $1 bn in an effort to create a vaccine by September 2020.
  • J&J began working on the investigational vaccine, Ad26 SARS-CoV-2 in January using the same technology.
  • J & J CEO : Alex Gorsky
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13. Glezos, Greek who tore swastika from Acropolis, dies aged 97
  • Manolis Glezos, a prominent Greek was most famous for scaling the steep walls of the Acropolis with a friend in 41 to take down the Swastika and replace it with the Greek’s.
  • It was the first visible act of resistance against the Nazis, who occupied Greece.
  • In 2014, Glezos was elected to the European Parliament.
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14. 1971 war icon Chandan Singh passed away at the age of  95
  • He played a pivotal role in transport operations during the 1962 war between India and China,
  • He was instrumental in helicopter operations during the 1971 Liberation War of Bangladesh passed away.
  • The Air Vice-Marshal received a Maha Vir Chakra and a Vir Chakra
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15. Bharti Infratel re-appointed D.S Rawat as MD & CEO
  • Bharti Infratel Ltd. was incorporated in the year 2006.
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16. ICICI Bank launches banking services on WhatsApp
  • To enable its retail customers to undertake a slew of banking requirements from their home.
  • ICICI Bank launched this new service on WhatsApp close on the heels of rolling out ‘ICICIStack’.
  • ICICI Bank CEO : Sandeep Bakhshi.
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17. ICICI Lombard and BharatPe partner to launch industry-first Coronavirus cover for shopkeepers
  • BharatPe has partnered with ICICI Lombard to roll out ‘COVID-19 Protection Insurance Cover’ for shopkeepers.
  • This policy on a diagnosis of COVID-19 (+ve) will pay 100% of the sum insured, irrespective of hospitalization expenses.
  • Ashneer Grover, CEO & Co-Founder, BharatPe.
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18. RBI changes SLBC convenors in view of bank mergers (1)
  • RBI proposed to change the convenors of State Level Bankers’ Committee (SLBC).
  • Following the merger, PNB will become the SLBC convenor of Delhi.
  • For Tripura and West Bengal too, convenorship will be transferred to PNB from United Bank of India.
  • MD & CEO Of Punjab National Bank : Sh CH. S. S. Mallikarjuna Rao.
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19. RBI changes SLBC convenors in view of bank mergers (2)
  • The new SLBC convenor for Andhra Pradesh will be Union Bank of India as Andhra Bank is being amalgamated with the Mumbai-based lender.
  • Even for Karnataka, Syndicate Bank will transfer the responsibility to Canara Bank which is going to acquire the former.
  • SLBC came into existence under Lead Bank Scheme of 1969.
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20. Tourism Ministry launches ‘dedicated portal’ to help foreign tourists in India
  • Ministry of Tourism has launched a dedicated portal “Stranded in India”,
  • To disseminate information regarding the services for the benefit of foreign tourists.
  • It aims to act as a support network for foreign tourists stuck in various parts of the country.
  • Prahlad Singh Patel = Minister of State (I/C), Ministry of Tourism.
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21. Condensed-matter physics pioneer Philip Anderson dies aged 96
  • He was awarded the Nobel Prize for Physics in 1977.

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