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Current affairs of April 8

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Current affairs of April 8 2020


We bring you the complete and important daily Current Affairs of  MARCH 2020 Quiz to achieve more marks in Banking, Insurance, UPSC, SSC, CLAT, Railways and all other competitive Exams. We prepare it based on our daily current affairs.Hope you like it.Current Affairs of March 2020 with Latest Current affairs March 2020 PDF for preparation of Bank Exam – PO & clerk, SSC, Railways & Insurance. Our Current Affairs of April 2020 PDF covers various sections like National March Current Affairs 2020, business & economy, Indian and International affairs 2020, defense, environment current affairs, persons and many for competitive exams preparing aspirants.



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INTERNATIONAL AFFAIRS


USAID announces $2.9 million aid to India to fight Coronavirus

The US (United States) Government, through its aid agency USAID (United States Agency for International Development), has announced a grant of USD (United States Dollar) 2.9 million to India to fight against Coronavirus.

About USAID:
Headquarters– Washington D.C., US (United States).
Motto– “From the American people”.


BANKING & FINANCE




RBI relaxed the norms of State/UT to avail overdraft

The Reserve Bank of India (RBI) has decided to increase the number of days that a State/UT can continue to overdraft to 21 working days from the current stipulation of 14 working days as they are facing cash flow mismatches due to coronavirus.





Airtel Payments Bank joined hands with Bharti AXA to offer COVID-19 insurance plans

Airtel Payments Bank has collaborated with Bharati AXA General Insurance to offer financial protection for COVID-19 via two different health insurance plans. The plan named “Bharti AXA Group Health Assure Policy”offers a lump sum benefit of Rs 25,000 and the other plan “Group Hospital Cash”will offer a daily benefit of starting Rs 500.



Force majeure’ not applicable to COVID-19 death claims in life insurance policies

In a move to reassure COVID-19 health policy holders, the Life Insurance Council of India has confirmed that the clause of ‘Force Majeure’ will not apply in case of COVID-19 death claims and it is applicable for both state-run and private life insurance players.

What is Force majeure?
Originated as a term in French law in the 1880s, it states that in the event of any force majeure or disaster that affects the normal functioning of the life insurer then it can temporarily suspend the claims by making the contract null or invalid. Force majeure events include an Act of God or natural disasters, war or war-like situations, labour unrest or strikes, epidemics, pandemics, etc.



PNBHF enters into agreement with JICA, Citibank to raise USD 100 million 

The Punjab National Bank Housing Finance (PNBHF) has signed an agreement with Japan International Cooperation Agency (JICA) to raise USD 75 million (about Rs 566 crore) & with Citibank for USD 25 million (about Rs 188 crore) to provide loans to affordable housing segment so as to improve the lives of low-income households &  to promote sustainable economic growth in India.

About PNBHF:
Headquarters– New Delhi, India
Managing Director (MD) & Chief Executive Officer (CEO)– Sanjay Gupta
About JICA:
Headquarters– Tokyo, Japan
President– KITAOKA Shinichi
About Citibank:
Headquarters– New York, United States
CEO– Mary McNiff



APPOINTMENTS & RESIGNATIONS




UB Pravin Rao appointed as Chairman & Rekha Menon as vice chairperson of NASSCOM

About NASSCOM:
Headquarters– Noida, Uttar Pradesh
President– Debjani Ghosh (1st women president of NASSCOM)





Shafali Verma named as brand ambassador by PepsiCo

Beverage Major PepsiCo has named Shafali Verma, 16 years old, Indian Women Cricketer, as one of its brand ambassadors for one year. Pepsi will be Shafali’s first contract with a major brand. The beverage firm recently signed Bollywood star Salman Khan as its face for 2 years.


NATIONAL AFFAIRS


Cabinet approved 30% salary cut of PM, Ministers, MPs for FY 20-21 to manage COVID-19; MPLAD suspended for 2 yrs

MP Local Area Development (MPLAD) 

This announcement was made by Prakash Javadkar, Union Minister for Information and Broadcasting.



NHAI achieved record 3,979 km highways construction in FY 19-20

National Highways Authority of India (NHAI) has achieved the highest ever highway construction feat with an accomplishment of 3,979 km of national highways in the financial Year 2019-20.

About NHAI:
Establishment– 1995
Administrative control– Ministry of Road Transport and Highways (MoRTH)
Chairman– Dr. Sukhbir Singh Sandhu

Telangana govt deploys ‘Covid-19 Monitoring System’ app

The Public Health and Family Welfare Department of the government (govt) of Telangana deployed India’s first automated “COVID- 19 Monitoring System Application”. The application (app) was developed by startup Vera Smart Healthcare and launched by Telangana Director of Public Health Dr G Srinivas Rao.

About Telangana:
Capital– Hyderabad.
Chief Minister (CM)– K. Chandrashekar Rao.
Governor– Tamilisai Soundararajan.



HRD Ministry has designated DigiLocker as National Academic Depository (NAD)

DigiLocker, an online document wallet has been designated as the sole National Academic Depository (NAD) by the Ministry of Human Resource and Development (MHRD) to enable educational institutions to store digital copies of academic awards, mark sheets and certificates on the cloud-based service.


SCIENCE & TECHNOLOGY




DRDO develops Personnel Sanitisation Enclosure & Full Face Mask: COVID-19

the Defence Research and Development Organisation (DRDO) has developed Personnel Sanitisation Enclosure (PSE), Full Face Mask (FFM) for healthcare professionals against the COVID-19 pandemic.





DST set up CAWACH at SINE, IIT-B for supporting startups with funding to tackle COVID-19

The National Science & Technology Entrepreneurship Development Board (NSTEDB) of Department of Science and Technology (DST) has formulated Centre for Augmenting WAR with COVID-19 Health Crisis (CAWACH) with an outlay of Rs.56 crore to source and support startups that address COVID-19 challenges by way of funding. The funding varies between Rs 50 lakhs to Rs 200 lakhs per startup.


IMPORTANT DAYS




World Health Day 2020: April 7

Theme of the year 2020: Support nurses and midwives.



International Day of Reflection on the 1994 Genocide against the Tutsi in Rwanda: April 7

The International Day of Reflection on the 1994 Genocide against the Tutsi in Rwanda is observed every year on April 7, since 2004 to commemorate the murder of more than 1 million people, majorly consist of Tutsi, Twa & moderate Hutu- group of African Great lakes region & others who opposed the genocide in Rwanda and also to reflect on the suffering of those who survived. This year marks its 26th anniversary.

About Rwanda
Capital– Kigali
Currency– Rwandan Franc
President– Paul Kagame


STATE NEWS


Delhi CM Arvind Kejriwal announces 5T plan to control the spread of  COVID-19

Delhi Chief Minister(CM) Arvind Kejriwal announced a 5T plan which includes- Testing, Tracing, Treatment, Teamwork & Tracking and monitoring to control the spread of COVID-19 in the state.

About Delhi:
Governor– Anil Baijal
State bird– House Sparrow
State animal– Nilgai