Thursday 18 July 2024
HomeCurrent AffairsCurrent Affairs 2nd April 2020

Current Affairs 2nd April 2020

1. Finance Minister attends the 2nd Extraordinary G20 Finance Ministers and Central Bank Governors Virtual Meeting
  • FM Nirmala Sitharaman participated in the 2nd Extraordinary G20 Finance Ministers and Central Bank Governors (FMCBG) meeting.
  • The meeting will be under the Saudi Arabian Presidency
  • To discuss the impact of COVID-19 on the global economy and coordinate efforts to fight it.
  • India made an offer of $10 million after SAARC Countries meet.
2. POWERGRID commits Rs.200 Crore to PM CARES Fund
  • Maharatna CPSE under Ministry of Power, GoI and Central Transmission Utility (CTU) has decided to contribute Rs.130 Crore to PM-CARES.
  • CPSE = Central Public Sector Enterprises 
  • PM-CARES = Prime Minister’s Citizen Assistance and Relief in Emergency Situations.
  • Fund to support India’s fight against COVID-19.
  • It also distributed food packets in slum areas to help the needy
3. Millions of people could be driven into poverty in East Asia and Pacific: World Bank
  • For economic slowdown due to the pandemic.
  • Will increase poverty in China and other East Asian-Pacific countries.
  • The World Bank report projected that growth in the region would slow to 2.1% from 5.8%.
  • IMF had said that the global economy has entered a recession.
4. Public sector banks announce deferment of EMI payments on loans
  • Banks like SBI, Punjab and Sind Bank, Canara Bank, BoB have announced the offer of the moratorium to customers.
  • CNB is providing collateral & margin free loan up to ₹20L to SHG
5. IIT Kanpur to develop prototype of portable ventilator to support medical infrastructure
  • Ventilators only provide support and keep the lung inflated.
6. New direct tax regime kicks in from April 1, 2020
  • NRIs who have more than ₹15 lakh income from Indian sources will be deemed as Indian residents.
  • For the purpose of taxation if they had spent 120 days in India in the previous year.
  • Earlier, the number of days was 182.
  • Taxation of dividend in the hands of shareholders was introduced
7. Panel led by NITI Aayog CEO Amitabh Kant starts working on response strategy
  • The Empowered Committee held a meeting on March 30 and saw attendees from the private sector and industry.
  • Representatives from ASSOCHAM, NASSCOM, FICCI & CII were present
  • CII = Confederation of Indian Industry
8. Govt slashes interest on PPF, NSC and other small savings schemes
  • The Centre has slashed interest rates on small savings schemes by 70 to 140 bps for FY21.
  • Interest rates on PPF have been brought down to 7.1% and for Kisan Vikas Patra to 6.9%.
  • The interest rate on the girl child-focussed Sukanya Samriddhi scheme is 7.6%
  • Initial rate on small savings schemes are revised on quarterly basis
9. MakeMyTrip launches ‘Stays for Saviours’ initiative to support healthcare providers
  • To support temporary accommodation needs of the medical frontline at special rates.
  • It will enable medical practitioners to book from over 900 hotel properties across 200 cities.
  • Make My Trip CEO : Deep Kalra
  • Headquarters : Gurugram, Haryana.
10. Affordable housing firm Aavas gets $60m from ADB
  • ADB has signed an agreement to lend up to $60 million to Aavas Financiers Ltd.
  • To improve access to housing finance for lower-income borrowers, particularly women.
  • Aavas is one of the largest housing finance companies in India’s affordable housing segment.
  • Aavas CEO : Sushil Kumar Agarwal
  • Headquarters : Jaipur, Rajasthan
11. ‘Stranded in India’: New govt portal to help foreign tourists
  • Union Tourism ministry launched a web portal.
  • Portal is ‘’
  • To reach out to foreign nationals stranded in India owing to the lockdown.
  • It consists of information around Covid-19 helpline numbers that foreign tourists can reach out for help.
  • Minister of Tourism : Prahlad Singh Patel
  • Constituency : Damoh, MP



Current Affairs 1 October 2023

Education Minister Dharmendra Pradhan to launch Bharatiya Bhasha Utsav and Technology & Bharatiya Bhasha Summit in New Delhi. Union Minister G. Kishan Reddy launches 5G training labs and 5G applications in all North Eastern States. Ministry of Tourism to host PATA Travel Mart 2023 in New Delhi from 4th October. DR L. Murugan leads Indian Delegation at TIFF 2023.

Current Affairs 23 December 2022

Parliament passes Maritime Anti Piracy Bill 2022 with Rajya Sabha's approval. MoHUA kickstarts ground survey of Pey Jal Survekshan from 15th December 2022. India GDP grew by 9.7% in H1FY23, says Finance Ministry. Delhi leads India with the highest crypto adoption: CoinSwitch. IGX launches gas index, plans trading in pipeline capacity.

Current Affairs 22 December 2022

Indian Navy launches INS Arnala; first ship of ASW SWC Project. Indian Navy gets fifth Scorpene Class submarine INS Vagir. Ministry of Housing & Urban Affairs wins Platinum Icon in Digital India Awards 2022. Indian Institute of Corporate Affairs launches programme to create Impact Leaders in areas of ESG. Jaipur Pink Panthers beat Puneri Paltan in final match to win PKL 9 title.

Current Affairs 21 December 2022

England’s Rehan Ahmed becomes youngest to claim five-fer on test debut in men's cricket. Paytm and HDFC ERGO launch insurance policy to protect mobile transactions. RBI imposes Rs 2.66 crore penalty on Bank of Bahrain & Kuwait BSC. France's forward Karim Benzema announces retirement from international football. Account aggregator network: 94 FIUs, 26 FIPs onboarded on RBI’s financial data-sharing system.

Current Affairs 7 December 2022

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.

Current Affairs 30 November 2022

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.

Most Popular